Nimiq describes itself as a decentralized, censorship-resistant payment protocol native to the web, with its own ecosystem of apps. The browser-first blockchain approach means that users directly connect to the blockchain with nothing more than a browser.

Nimiq co-created a new consensus algorithm called Albatross, which reportedly reaches the maximum theoretical limit for a single-chain Blockchain. This Proof of Stake algorithm is currently being implemented in the Nimiq Blockchain, adding: Staking, ~1sec confirmations and +1000 transactions per second.

Team Nimiq also created technology aimed at mass adoption like Nimiq OASIS, a non-custodial FIAT HTLC that allows users to buy/sell Crypto to Fiat directly, with no middle-man.

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