Nimiq: What are the advantages of Nimiq moving to POS? Is it a good time to buy NIM?

Nimiq is on the verge of moving to proof of stake (POS).

According to their latest tweets, they highlighted three benefits:

1. Energy efficient as a POS blockchain.
2. Increase the number of transactions to 1000 per second.
3. Decentralised, as it allows all users to participate in the base network.

Nimiq 1.0 is outstanding payment network focused on security and ease-of-use.

So you might be wondering, “why put so much effort in Nimiq 2.0?”

There are 3x HUGE benefits coming to 2.0.

Learn more in this video 👇 👇 👇#cryptopayments #usecrypto #PoS #cryptoforhumans pic.twitter.com/iocZmd6MDm

— Nimiq — $NIM 🤝 (@nimiq) June 23, 2022

Another Tweet talks about their ambitions.

BUIDLers know that blockchain and crypto are about values.

Listen in as @Max_Nimiq & team share the spirit of Nimiq 2.0.

"Maintaining and sticking to the core principles of what Blockchain is supposed to be. Decentralization without compromise."

👇 👇 👇 pic.twitter.com/K8VuPN2oze

— Nimiq — $NIM 🤝 (@nimiq) June 24, 2022

Despite all these strengths, it is at an all-time low range.

It seems like the market is fearful.

If I buy it now, I am in a way waiting in line to reap the benefits of the hard work made by Nimiq folks in the past? Yes, no?

P/S: This is not financial advice, and please do your own due diligence before investing.

Posted Using LeoFinance ^Beta