Nimiq

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 1035
1D Change -1.26 %
Market Cap $13.78m
Circulating supply 10,448,026,768
Maximum supply 21,000,000,000

Crypto Overview

Categories
  • Mineable

Nimiq is designed to make cryptocurrencies easy to use for everyone without compromising decentralization. Nimiq is the only blockchain where users always participate directly by default. In comparison to the likes of Bitcoin and Ethereum where the default is to use a third-party node to connect to the network. Learn more: https://nim.link/30x Team Nimiq invented Nimiq OASIS, the DeFi crypto-fiat bridge! Atomic swaps between crypto like NIM and BTC (ETH coming soon) and fiat currencies like EUR (USD next) with no personal information are now possible. Earned swap fees are converted to NIM and held to create scarcity. See how it works: https://nim.link/3w7 Nimiq created Albatross, a new, super fast Proof-of-Stake consensus algorithm that will launch in 2021 with Nimiq 2.0, the next version of the Nimiq Blockchain. We expect ~1000 TPS and finality in one second, pushing Nimiq 2.0 to the theoretical limits of single chain blockchain protocols. Energy consumption will also be reduced to less than 1% (compared to current Nimiq POW) with this upgrade. Try out the demo: https://nim.link/rub Nimiq’s “super-halving” coming soon! The transition to Nimiq 2.0 will reduce the emission rate from currently ~3000 NIM to only ~525 NIM per minute. Calculate your rewards using the Staking Calculator: https://nim.link/d58 Join the friendly Nimiq Community to ask questions and learn more: https://nim.link/crv

Crypto Impact

To assign a comfort level investing in Nimiq from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Nimiq.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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Justification for our Halal Rating