About Nahmii
nahmii is a revolutionary Layer-2 scaling protocol for the Ethereum blockchain, which provides unrivalled throughput, low latency, instant finality and predictable fees. The system is live and ready to build on today, with plans to bring nahmii’s raw scaling power to both Bitcoin, NEO and Libra in the near future.
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Tags
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x7c8155909cd385F120A56eF90728dD50F9CcbE52 |
Price history
Time | Price | Change |
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Today | $0.00000272 | NaN% |
1 Day | $0.00000272 | 0.00% |
1 Week | $0.00000272 | 0.00% |
1 Month | $0.00000272 | 0.00% |
1 Year | $0.00000124 | 0.00% |
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The latest NII price is $0.00000272.
FAQ
Nahmii is an interoperable layer-2 scaling protocol on the Ethereumblockchain for instant transactions, lower fees, and commercial readiness. Interoperability means the ability to exchange information and resources between different computer systems, especially on different machines. The project is one of the few ones that aims to make a commercially viable scaling solution for Ethereum. Built around Nahmii Virtual machine(NVM), the project Nahmii aims to make transactions on Ethereum affordable and easily accessible to users.
As per its whitepaper, Nahmii seeks to resolve some of the major challenges faced by Ethereum blockchain for commercially relevant scaling:
NII is the native token of Nahmii, which serves as a utility function for transactions, payments, and transfers. The token NII is also used to reward token holders by staking. By connecting the Metamask crypto walletwith Nahmii, users can store, transfer or transact with NII tokens.
Nahmii 1.0 supports smart contracts for payments. The project Nahmii has a decentralized oracle that verifies data availability using these smart contracts. Therefore, Nahmii's architecture prevents fraud at all levels, thereby securing transactions and user funds. Further, the Nahmii 2.0 added full EVM (Ethereum Virtual Machine) functionality enabling smart contracts. The Ethereum Virtual Machine (EVM) is a software platform for developers to create decentralized applications (Dapps) on Ethereum. This upgraded version of Nahmii provides generalized smart contract support and full composability of the Ethereum network. As a result with Nahmii, the builders can create unique and powerful new products like blockchain-based games, etc.
The whitepaper on Nahmii was released on July 7, 2021. The Nahmii team involves Jacobo as CEO (Chief Executive Officer), Mark as COO (Chief Operating Officer), and Jens Ivar as CTO (Chief Technical Officer). Nahmii had a total supply of 120 billion NII tokens.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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