Show HN: Nimiq: A Frictionless Payment Protocol Native to the Web

medium.com

8 points·Capira··7 comments

Very interesting! Would love to hear more from the team behind this. Just to be clear, we are talking about a new cryptocurrency, blockchain, peer net mining system as well as transaction protocol all built on WebRTC and WebSockets?

About the Team: https://nimiq.com/team/

we are talking about a new cryptocurrency, blockchain, peer net mining system as well as transaction protocol all built on WebRTC and WebSockets?

exactly!

On one hand it's a good sign that it's simple and non-innovative but OTOH it doesn't add much value compared to Bitcoin implementations like CoPay or bcoin that can already run in the browser AFAIK.

Thanks a lot for your feedback! Doesn't any Bitcoin-based application require either a third-party or installation, because from a Browser you can't establish connections into the Bitcoin network without an intermediary?

Yeah, they require intermediary nodes but those aren't that different from your backbone nodes.

Are those intermediaries also accessible for anyone and decentralized? Is there an open infrastructure upon which anybody can build web applications with nothing but static hosting?

That stuff either already exists or creating it would be much less work than creating a whole new currency.

(Although I just did some googling and WebRTC support was removed from CoPay; I wonder what the story is there.)

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