Nimiq is on the verge of moving to proof of stake (POS).
According to their latest tweets, they highlighted three benefits:
- Energy efficient as a POS blockchain.
- Increase the number of transactions to 1000 per second.
- Decentralised, as it allows all users to participate in the base network.
Nimiq 1.0 is outstanding payment network focused on security and ease-of-use.
— Nimiq — $NIM 🤝 (@nimiq) June 23, 2022
So you might be wondering, “why put so much effort in Nimiq 2.0?”
There are 3x HUGE benefits coming to 2.0.
Learn more in this video 👇 👇 👇#cryptopayments #usecrypto #PoS #cryptoforhumans pic.twitter.com/iocZmd6MDm
Another Tweet talks about their ambitions.
BUIDLers know that blockchain and crypto are about values.
— Nimiq — $NIM 🤝 (@nimiq) June 24, 2022
Listen in as @Max_Nimiq & team share the spirit of Nimiq 2.0.
"Maintaining and sticking to the core principles of what Blockchain is supposed to be. Decentralization without compromise."
👇 👇 👇 pic.twitter.com/K8VuPN2oze
Despite all these strengths, it is at an all-time low range.
It seems like the market is fearful.
If I buy it now, I am in a way waiting in line to reap the benefits of the hard work made by Nimiq folks in the past? Yes, no?
P/S: This is not financial advice, and please do your own due diligence before investing.