An update on the recent progress of Nimiq 2.0 — Team Nimiq is working on upgrading the Nimiq blockchain from the current 1.0 version to the new 2.0 version. While Nimiq 1.0 uses a proof-of-work consensus algorithm, Nimiq 2.0 will switch to our Albatross proof-of-stake algorithm and thus require magnitudes less electricity. While Nimiq 1.0 has a throughput of 15…

Revolution in trading cryptocurrencies: Nimiq OASIS achieves direct compatibility between blockchain and banking. — Nimiq, together with TEN31 bank, achieved a breakthrough for compatibility between blockchain and traditional banking with the release of the OASIS (Open Asset Swap Interaction Scheme) technology. For the first time, Nimiq OASIS enables a decentralized and therefore secure purchase of cryptocurrencies by bank transfer: from money in your bank…

Summary of the Community Funding Board March meeting — Welcome to the first Nimiq Community Funding Board update since our community elections! This month’s discussions are focused on two projects submitted by our community so let’s get started.

February 2021 — Last December, we shared an update on the recent progress being made by Team Nimiq. Times fly by when there is so much going on — with Nimiq and the crypto space in general! …

NIM and BTC can now be bought directly by bank transfer. — Almost four years ago, Nimiq was founded with a clear-cut goal in mind: Make crypto easy and available to everyone. One fundamental aspect was the in-and-out of crypto. Without an easy way to buy and sell the new internet money, there would be no mass adoption. We are now excited…

An update on the current state of Nimiq 2.0 — The path we’ve already walked In early 2019, we started research on our high-performance Proof-of-Stake consensus algorithm called Albatross. We built a simulator to test the feasibility of the approach and published a paper detailing the concept. To bring Albatross to the browser, we researched and developed zero-knowledge proofs that will drive our nano nodes…

Refreshed account-creation and purchase of NIM using credit cards! — We have updated our account-creation process in the Nimiq Keyguard. It now features a beautiful animation while you enter and confirm your password, and requires that users download the Login File for their newly created account. iOS and Safari users also receive some love! The need for a backup Since launching the Nimiq Wallet we…

Powering up the Nimiq Community Funding Board — The Nimiq Incubator is a new effort that aims to connect developers with community members that bring interesting skills to the table like providing ideas, managing projects, designing, marketing, and more. The Community Funding Board was initiated as a way for community members to get the necessary resources to kickstart…

December 2020 — Lots of advances have been made since the last progress report, so we want to provide you with the latest updates. Here is a quick summary of some important milestones achieved during 2020, followed by particular details about the work done over the recent number of months: Launch of Cryptopayment.link…