NimbleCoin is a 2nd generation cryptocurrency designed with unique features that makes it ideal for instant payments:
- 5 seconds block interval
- 20 seconds confirmation time (for 0.1% probability of reversal). This is possible because the NimbleCoin uses new innovative protocols to decide confirmation time.
- 100 transactions/second ready.
- UTXO set hash included in block-header to simplify SPV validation.
- Standard clients keep only one year of block-chain data.
- Extended scripting language, no “standard” transactions. All opcodes available.
- Safe Merged-Minig
- NimbleCoin Foundation launched to promote the use of the currency
The coin was designed by Sergio Demian Lerner.
The project is currently in beta testing. More news to come soon..
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I read the “25-second irreversible confirmations for instant payments” article. Your optimalizations are awesome!
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