What are the parameters of the Nimiq Blockchain?
- Block time: 1 minute (inspired by the results of "On the Security and Performance of Proof of Work Blockchains").
- Total supply: 21 billion tokens divisible by 10⁵ which accounts for a total suply in smallest units, called luna, of 21e14, identical to Bitcoin.
- Block reward: starts with 4965 NIM and is reduced in a curved fashion (inspired in Monero and Cryptonote) proportional to the block height and remaining Nimiq supply. The reward remains constant once a certain block height is reached.
- Max Block size: 140 kB
- Difficulty adjustment: Every 120 blocks.
You can learn more about our technical parameters in our Developer Reference.
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