This is a neat. However, there is nothing explaining fundamental operation I can find except the source code itself, and it seems to me that it suffers from pretty serious scale limitations. I.e its ability to deliver on the value proposition in its current form is low.
Also, your proof of work is Sha256 which means that the moment this thing goes live and there is any value attached it won't work. You have to switch to a memory hard proof of work to even begin doing this.
Finally, most of what you are trying to accomplish can already be done using SPV onto existing digital currency networks. Pushing the entire network into the browser doesn't really help. The cynic in me wants to say this is an ICO pump for people who don't know any better.
> Partner with VISA payment services to create a VISA-to-Nimiq exchange (centralized in the first place).
By Q4 2017? This sounds outrageous, if not impossible. This also seems to contradict your comment that "'demystify blockchain technology'" is a perfect description for our intention!" Your intention seems to be to build a mainstream, browser-based cryptocurrency. Good luck.
Yeah I gave it a look. It is really light on details. I think you have to be clear why this is better than Ethereum, the fact that web browsers are nodes and are mining isn't really a feature. Having every node mine isn't very useful either, it is unlikely to increase the security of the network and has follow on effects for memory and cpu utilization for end users.
Anyway, I'll look forward to hearing more about it, but given the high barrier to writing a secure, scalable blockchain I'm reserving judgement until there is enough information to do a more formal analysis.
Also, your proof of work is Sha256 which means that the moment this thing goes live and there is any value attached it won't work. You have to switch to a memory hard proof of work to even begin doing this.
Finally, most of what you are trying to accomplish can already be done using SPV onto existing digital currency networks. Pushing the entire network into the browser doesn't really help. The cynic in me wants to say this is an ICO pump for people who don't know any better.