Following our recent announcement of the upcoming NII token IEO sale with Liquid, today we’re taking a closer look at the token economics behind NII. The NII token sale starts with a limited Pre-Sale on 16th September, with the full Public Sale beginning on 18th September. You can read more about the IEO here and the registration link for Liquid is here. Read on to find out why nahmii and the NII token are so special.
At a fundamental level nahmii scales so well because we remove the need for coming to consensus on data prior to allowing transactions to take place. Instead, consensus is only needed to allow settlements and withdrawals to go ahead; and it is prevented if fraud is detected. There is a challenge period whilst this occurs which gives a large window of opportunity for our system to reach an agreement. …
Scaling Solution nahmii Partners with Norwegian Crypto Exchange, NBX
nahmii, a layer two blockchain scaling solution, built to make Ethereum suitable for commercial use has announced the first member of its governing foundation.
The nahmii Foundation is an organisation that has been set up to drive adoption of the protocol, and to foster innovation and development on the platform.
It will play a key role in the governance of nahmii, and its day-to-day operations; for example, it will set transaction fees. The Foundation will also control 20 percent of nahmii’s NII token.
Who are NBX?
NBX, or the Norwegian Block Exchange, is a pioneering Norwegian cryptocurrency exchange and payments platform that has been developed to make using digital assets a seamless, streamlined experience. …
The deployment of hubii’s revolutionary Ethereum scaling solution, nahmii, reached a major milestone this week as the first smart contracts were deployed the public mainnet. As we move into the holiday season, the hubii team wanted to finish the year with a short update to let you know how we are progressing, what we have already achieved and the next steps in the process.
First, let’s start with the progress report. Some, but not all, of nahmii’s smart contracts were deployed to the Ethereum mainnet this week. These contracts included the ‘time lock’ contract, which holds all of the NII tokens for future airdriips, and — most importantly — the ‘client fund’ contract. The client fund is where user funds deposited to within nahmii and the client fund contract effectively controls how nahmii works. This contract was the largest and most difficult of the nahmii contracts to deploy to mainnet, coming in at around 6.5 …