Nahmii to USD Price Chart

Nahmii Statistics

Market Rank	?
Market Cap	?
Volume 24h	$ 21.6K
Circ. Supply	?
Total Supply	120.0B
Max Supply	?

What is the current price of Nahmii (NII)?

As of the latest available data, the price of Nahmii (NII) is $ 0.00039154. In the past 24 hours, its value has decreased by -4.48%%.

What Is Nahmii (NII)?

Nahmii is a state-of-the-art Layer-2 scaling solution designed to enhance the performance of the Ethereum blockchain. It aims to resolve some of the most significant issues faced by Ethereum users, such as limited throughput, high latency, and unpredictable fees. Nahmii provides developers and users with improved scalability by offering high transaction speeds, instant finality, and consistent, low fees.

Who created Nahmii?

Nahmii was developed by a team of skilled blockchain developers and is maintained by the organization responsible for the Nahmii protocol. The team envisioned a robust Layer-2 solution that would allow Ethereum to scale effectively without compromising security or decentralization. The individuals behind Nahmii are not mentioned, but they are presumably seasoned professionals in the blockchain industry, with a keen understanding of Ethereum's infrastructure and the challenges it faces.

How does Nahmii work?

Nahmii operates on top of the Ethereum blockchain as a Layer-2 solution, which means it doesn't alter the existing Layer-1 but rather builds upon it. It employs a method that allows for off-chain transaction processing, reducing the burden on the main Ethereum network. This method helps in achieving high throughput and instant transaction finality while maintaining the security guarantees of the underlying blockchain. Nahmii's design also includes a unique fee structure that ensures predictable costs for transactions, making budgeting easier for users and developers.

What makes Nahmii unique?

What sets Nahmii apart from other scaling solutions is its combination of high throughput, low latency, and instant finality. Moreover, Nahmii’s architecture is designed to provide predictable fees, which is a considerable advantage over the typically volatile gas fees on the Ethereum mainnet. This predictability in pricing is particularly appealing for businesses and dApp developers looking for cost stability.

How will Nahmii scale Bitcoin and other blockchains?

The Nahmii team claims that in the near future, Nahmii will extend its scaling capabilities beyond Ethereum to other major blockchains, including Bitcoin, NEO, and even Libra. This would involve creating interoperability protocols to connect Nahmii with these blockchains, allowing them to leverage Nahmii's efficient transaction processing for improved scalability.

How much Nahmii (NII) is in circulation?

The current circulating supply of Nahmii (NII) is , out of a total supply of 120.0B. It's important to note that these figures can change as more tokens are released into circulation or if any token burns are conducted.

What is Nahmii’s role in blockchain interoperability?

Nahmii’s claim of future plans to bridge multiple high-profile blockchains, such as Bitcoin and Libra, signals an ambition to serve as a facilitator of blockchain interoperability. Interoperability is a sought-after feature in the blockchain ecosystem, enabling different blockchains to communicate and share information seamlessly. Nahmii's protocol could potentially allow for cross-chain interactions that are fast, affordable, and scalable.

How can you buy Nahmii (NII)?

Nahmii (NII) can be purchased on various cryptocurrency exchanges. The specific Liquid where NII is currently available provide platforms where users can trade Nahmii for other cryptocurrencies or fiat currencies. It's essential to use reputable exchanges and to follow their processes for account setup, including completing any necessary KYC (Know Your Customer) checks.

How do you keep Nahmii (NII) safe?

To keep Nahmii (NII) tokens safe, it is recommended to use secure wallet options that support Ethereum-based tokens (ERC-20). Users should consider a combination of hardware wallets (for cold storage) and trustworthy software wallets (for ease of access and transactions) to manage their Nahmii tokens. Always ensure that wallet private keys or seed phrases are stored in a secure location and never shared with anyone.

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