The Biggest Release since Mainnet Launch

Team Nimiq is thrilled to release a major update to our apps that will significantly improve how users can use their NIM as well as how developers can integrate Nimiq.

The update comes packed with new features, improved and hardened security concepts, and an open API that allows third-party apps to integrate Nimiq features and handle NIM directly in the browser. And it’s all wrapped in a brand new user interface making it easier than ever to use your NIM.

This post will focus on the top features from a technical perspective. Stay tuned for an in-depth article about the UX/UI/product progress and an article about features and releases in the next weeks.

So, what’s new?

Accounts with multiple addresses

New architecture and Ledger integration

Nimiq Login Files

Changeable passwords

Logout interface

QR-Code generator and scanner

Open API for 3rd-party integration

Nimiq Checkout

Message signing support

One Account, many Addresses

With standards-compliant BIP44 private-key derivation, one seed now supports an infinite number of addresses. That means, with all new accounts you can manage more than one address under one account. For a more in-depth introduction into Hierarchical Deterministic Wallets, please refer to this article.

With this update, it’s now easy to get your funds, payments, and transactions organized without the need to backup and store a key for each of those addresses. Instead, it’s only one account and one backup. While enjoying this convenience, you still have the freedom to create several multi-address accounts and, for example, separate your savings from your daily allowance and your business expenses. This way, you can store the backups of each of these accounts accordingly.

Multiple addresses are now also supported for Ledger hardware wallets!

Old Accounts, New Accounts

With the introduction of multi-address accounts, conventional single-address accounts turn into legacy accounts. They are still supported but will not inherit new features such as the Login File and will not be developed further in the future. Team Nimiq recommends all users to upgrade by creating a new multi-address account and transfer their funds.

Keyguard and Ledger

The overall architecture of the Keyguard has been reworked leading to a new structure: