Review on Nimiq by Mohammad Shuja
Nimiq is best payment system in time.
The project's attempts to expand are expanding, and the ecosystem benefits from a fast-growing and engaged developer community. Very simple to use, especially for those who have never used cryptocurrency before. The team provides frequent updates and is quite transparent about the development and handling of ICO proceeds.
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A community fund and research funds are offered to the Nimiq team without hesitation to offer professional and perhaps financial help. Nimiq is developed in Rust and Javascript de novo, therefore it is a completely new blockchain established from its foundation to provide a path of insight not just a fork of an existing cryptocurrency.
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Nimiq is a blockchain-based P2P payment mechanism, such as Bitcoin. The objective is to build an intuitive ecology that remains decentralized and resistant to censorial behavior by the biggest possible number. For this purpose, the project focuses on web browsers allowing users to communicate without any software installation or middlemen in the Nimiq blockchain.
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Nimiq has also partly been written in Javascript to enable web developers to incorporate it easily into other apps and sites.
- It is one of the few initiatives which have produced a report on transparency.
- Excellent connectivity.
- The browser-based approach reduces adoption hurdles.
- NIM fees are very low and cost less than 1% of each transaction.
- The industry of payment methods is spring-mass with competitiveness already in place.
