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The Nimiq Blockchain uses Non‑Interactive Proofs of Proof‑of‑Work (NiPoPow) for fast syncing of its nano clients.
It uses Argon2d as a latency‑bound PoW algorithm as well as ed25519 Schnorr signatures.
Accounts and balances are stored in a Merkle-based accumulator.
Cryptographic primitives are optimized through WebAssembly in the browser.
A whitepaper for Nimiq 2.0 – the evolution of the current protocol – will soon be published. Nimiq 2.0’s novel consensus algorithm will achieve a performance close to the theoretical maximum of a single-chain protocol.
Check out our onepager for more details.
With this coupon code, you’ll get 80% off everything in the Nimiq Swag shop, which means you’ll pay exactly 1000 NIM.