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Nxter News – March 2018 (II): Don’t Be Pushed Around By The Fears In Your Mind. Be Led By The Dreams In Your Heart

March (II)

Welcome, dear Nxters and other followers! Amidst the volatility in the crypto markets, the billion dollar MtGox Bitcoin sale and the ongoing expansion of the Ardor ecosystem, we are here to provide you with the news of the last week. Featured prominently was an excellent introductory video presentation from Blockchain for Business in Barcelona, new blockchain Meetups, an Ardor TESTNET betting app add-on released by Lior Yaffe, news from the Triffic team, Janus, and also some cloners from which Nxters receive token airdrops according to their NXT balance. This and much more awaits you, dear reader – including a great Medium article the Triffic founder wrote about the importance of Ardor.

We welcome back our old readers and warmly welcome our new ones. We want our readers to stay up-to-date with the blockchain evolution as it happens and become experts in the Nxt / Ardor / Ignis blockchain ecosystem. So lean back and learn about all of last week’s progress.

 

COMMUNITY

MEETUPS

BUSINESSES

Clones

DEVELOPMENT

IN THE MEDIA

PRICE EVOLUTION

This week’s newsletter is put together by jose, apenzl, James, and rubenbc.


COMMUNITY

 

  • New IGNIS Webpage

Last week a new webpage for Ignis, the most advanced public blockchain, launched.

Many thanks to all of the great community members who rallied together and helped make this happen.

Check it out

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  • Blockchain For Business Presentation

Last week Nxter covered the 4YFN and WMC event where Jelurida attended and got to the finals, but another event took place in Barcelona as well: the first Blockchain for Business Meetup. Joan Manel Vilaseca (VanBreuk) starts off with an introduction to the blockchain, after which Veronica Torras follows with insights about how businesses can make use of it, with the Ardor Blockchain-as-a-Service (BaaS) platform. The presentation is in English, and it is a great video to watch!

Learn about using Blockchain for Business, what Blockchain As A Service is. February 2018. By Veronica Torras and Joan Manel Vilaseca, for the Ardor Nxt Community. Designed for the business audience trying to understand benefits of this technology, presented by Blockchain For Business Barcelona, a local non-profit group of passionate people about Blockchain.

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  • Ardor Nxt Store on Zazzle

ANG has set up a store on Zazzle. This means it is now easier than ever to get great merch to show your love for Ardor and Nxt!

Elizabeth –
And we have an Ardor Nxt Store on Zazzle. Buy your Ardor and Nxt bling most places in the world 🙂
https://www.zazzle.com/ardor_nxt_store

You can get Nxt and Ardor gear, like mugs, caps, t-shirts, key chains and more. Ships worldwide.

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  • Great Korean Blog About Ardor 

Community member, ArdorBaby, is actively educating the Korean community about NXT, IGNIS and ARDOR from his blog, curating news from – and being part of – our ecosystem. Thanks for the great effort you are putting into this, we all appreciate it!

Source

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  • Exchanges

Poloniex finally fixed their ARDR wallets.

Poloniex volume is back at https://coinmarketcap.com/currencies/ardor/#markets

Polo hereby joins the list of updated ARDR exchanges, alongside Bittrex, Upbit, Litebit, AEX, HitBTC and more. HitBTC told a user last week that they would distribute the airdropped IGNIS, but there is no follow-up about that yet.

Ardorgate

Ardorgate allows you to quickly purchase AEUR and buy or sell assets, marketplace items, and child chain tokens in the Ardor ecosystem – effortlessly convert EUR > AEUR <-> IGNIS, ARDR, BITSWIFT, Janus assets and other tokens on the blockchain. With Ardorgate, any AEUR tokens you have can also be fast and easily converted to Euros in your Mistertango account.

Finally, you can upvote Nxt, Ardor, and Ignis daily to make Lescovex list the tokens:

https://lescovex.featureupvote.com/suggestions/5716/nxt-the-blockchain-application-platform

https://lescovex.featureupvote.com/suggestions/5688/ardor-best

https://lescovex.featureupvote.com/suggestions/5772/ignis-coin

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MEETUPS

A reminder for all Nxters, Nxt, Ardor and child chain community members – the community has been compiling the blockchain Meetup events across the ecosystem and the world.

napdude
As soon as ardor ecosystem event dates are known, put them into cryptoCalendar to get the word out.

https://cryptocalendar.pro/ 

  • Ardor at Chemnitz Linux Days on March 11th

In Germany, this week Ardor will be demonstrated at Chemnitz Linux days on March 11th. Great things can happen when exposure to Linux users, experts, and companies.

https://twitter.com/kunsv/status/971642889422897152

Source

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  • Nxt/Ardor Hackaton in Norway, March 22nd

Be sure to make your way to this Hackathon for some great hands-on experience!

Details:

March 20-21, The Autonomy Conference 2018, Scandic Bystranda Hotel, Kristiansand, Norway
Go to the Registration Site for the conference (in Norwegian).

March 22, Ardor Hackaton, Scandic Bystranda Hotel, Kristiansand, Norway
Go to the Registration Site for the hackaton.

More info

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BUSINESSES

  • Triffic

A great looking teaser video was released by the Triffic team, Coinerz, promoting their upcoming launch.

There is no doubt that widespread adoption of ARDR and IGNIS will come through use cases. We are only two and a half months into the launch of Ardor, which is nothing in a business development cycle of real applications (yes REAL, not just whitepapers). Still, some may find it difficult to wait, being in the midst of a crashing and volatile crypto (price) market. Small reminders like this, of what is being worked on behind the scenes, are more than welcomed. Coinerz’ gamified GPS app looks promising; Nxters know the work that is already been put behind it. We wish their continued success!

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  • Janus – Status Update

Last week the Janus team released an update. By next month they will have a new office to fully begin their mining business.

bjorn_bb wrote:

Less than one month until we move in to the new building and continue JNSHash farm construction, remember this deal is already done, just a waiting period while the building owners help clear it out in preparation for our team to move in. We were very close in December, but this time a lot more prepared electrically.

If you received Kreds from the airdrop [to JNS holders], keep in mind this is part of your Janus investment. Any work done on both projects is part of the whole.

Kreds requires a lot of community building, and we cannot move on the deep JNS development until April so this is the perfect time to have Kreds set up and moving while our team then splits and handle the 2 parts of the whole.

TJ, myself, and 2 others not directly part of our team will be switching to JNS work by months end, Lobos is back full time and has several developments as well.

We will post information as it’s completed, from this point I think it’s best to show the work then talk about it.

Thanks everyone.

Janus Telegram: https://t.me/thejanusproject

Janus asset ID on the ARDOR platform: 4348103880042995903

Here is how to Claim your Kreds Balance if you are a Janus Holder.

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  • Bitswift Child Chain Update

Last week we announced the new TECH token launch on the Bitswift sidechain. The Bitswift team is hard at work and they have now announced the implementation of a Bitswift Remote Agent, which was launched into production on March 3rd, with 15 agents installed on business customer computers within the first week of operation.

 

Bitswift plans to develop apps for its blockchain and publish them onto the Connectwise marketplace. Opportunities exist for the Bitswift blockchain interface to be pushed through the remote agent [by Bitswift reps] to the business customers desktop while simultaneously ensuring the end device is protected and that there is a representative available to provide reputable support and integration assistance if required.

bitswiftbro wrote:

We are really busy over here and hard at work, expect our new tech website to launch very soon and with that will follow the dedicated blockchain site which I know we have all be waiting for.

Everything is coming together, I can feel it 🙂

oh yea we also managed to scoop up /r/bitswift on reddit. So please go there and ask questions and stuff, we will try to get a nice community going there, over and out.

Join their Telegram Channel

Learn more about the Bitswift ecosystem

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CLONES

  • Airdrop: DIRA

Italian Nxt clone, DIRA Coin, aims to become a token for gamers and game developers.

A snapshot of NXT’s blockchain was taken on Feb 17, at block height 1711114, and the airdrop for Nxters already occurred.

Nxt’s well-known 100% PoS forging algorithm is, according to DIRA’s website, accompanied by other reward systems, which are BrainMining, where users earn variable rewards by solving math equations, cyphered words, etc. Also, users can earn coins by playing JavaScriptGames on the website, and finally users can use the JavaScript WebMiner (currently SHA-512 algorithm) that tries to emulate PoW mining and pays a reward for every “block” found.

The DIRA Team writes:

DIRA won’t have an ICO simply because DIRAs starting value is ZERO. We are aware of the possibility for the project to fail due to its “unusual” concept, so we decided to assume the initial risk ourselves. We are then mainly focused on building a strong community around DIRA and working to make its value grow as it becomes even more used.

Twitter

Website

https://discord.gg/m4k5me7

 

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  • ACTC Airdrop Update

MOHA, Action Coin Brand Ambassador Germany, wrote about the launch:

OUR BLOCKCHAIN IS BORN
After months of negotiations and careful consideration of our evolving blockchain needs, combined with long term plans for the Action Coin Platform in general, we decided that it would be in our best interest to provision a private blockchain based on Nxt Technology (Nxt Clone). On March 1st, 2018, we officially launched the Action Blockchain Network, with 10 globally load balanced nodes and a public facing web wallet.

The airdrop of 10% of the total ACTN token supply to NXT holders (see the JPL) was successfully carried out with the Genesis block of the Action Coin blockchain. NXT users who were eligible for the airdrop can find their ACTN coins on the Action Coin blockchain by logging in to the web wallet with their NXT account address. As always, be careful using your secret passphrase with an online node. In other words: we recommend you not to. There are secure ways to make a safe transaction. More details in last week’s newsly.

Action Point > ACTN token swap

For those who earned Action Points from signing up for an account on actioncoin.io or from any of their affiliate programs, in advance of the blockchain launch, there’s a swap process ongoing. A bit delayed but on track.

The Action coin team wrote:

Actionium Coinistus, [09.03.18, 21:36] :

POINT TO TOKEN TRANSFERS
We are currently refining our point to token transfer system (transfer your Action Points to our blockchain), and expect to have a more accurate and efficient transfer system completed by March 12th.

In the meantime, feel free to create a free account on our blockchain (make sure you save your pass phrase in a super safe place), and have a look around!

Website

Official Telegram Group

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  • Lele Airdrop Distribution

LELE, a clone of the Ardor platform, seems to be having problems with their distribution of tokens. Whereas Jelurida developed the Ardor platform from scratch and knows every line of the source code, the LELE team has launched an advanced blockchain platform by cloning it and modifying it; even if it is only a clone, it is not easy, even less so when it’s new and you are not familiar with the building blocks.

IGNIS holders, according to the JPL, are entitled to 10% of the tokens from Ardor clones, so we will keep you updated.

Important Read Airdrop from Clones – How to Act

Visit their website to learn more about LELE’s approach to the technology in their roadmap and whitepaper.

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DEVELOPMENT

  • Small Betting Game

Lior Yaffe, core developer and co-founder of Jelurida, announced an add-on had been uploaded to the testnet data cloud; a small betting game contract. You can send some (test!-) ARDR, IGNIS, or other child chain tokens to the account, using a TESTNET account, and the contract will automagically send you between zero and twice the amount you sent.

Lior wrote the following instructions:

We created a small betting game (I call it Ping Pong) for you, based on a “smart contract” deployed as cloud data.

On the Ardor TESTNET send some ARDR, IGNIS or other child chain token amount to account ARDOR-XK4R-7VJU-6EQG-7R335 with a prunable non-encrypted message pointing to the smart contract transaction.

The message text should be exactly {“chain”:2, “fullHash”:”ca2e8a26f9ed2fecf772a40346ec98d156834f85be6b8c31e58046a9f45021f2″}

As a result the contract will send you back between 0 and twice the amount you sent, good luck!

See attached image [the message text is another in the image].

You don’t need to pay gas for this contract and you can program in Java. On the other hand this “contract” is only executed by anyone running the addon and it’s not part of the consensus i.e. you can verify that anyone who created a transaction based on this contract did not cheat, but if they cheat or just choose not to run the contract then you cannot fix it. i.e. some trust in the contract executor is required.

Source code:

package nxt.addons;

import nxt.Nxt;
import nxt.NxtException;
import nxt.account.PaymentAttachment;
import nxt.account.PaymentFxtAttachment;
import nxt.blockchain.Attachment;
import nxt.blockchain.Block;
import nxt.blockchain.Chain;
import nxt.blockchain.ChildChain;
import nxt.blockchain.ChildTransaction;
import nxt.blockchain.Transaction;
import nxt.http.JSONData;
import nxt.util.Convert;
import nxt.util.Logger;
import org.json.simple.JSONObject;

import java.math.BigInteger;
import java.util.Random;

@SuppressWarnings("unused")
public class RandomPaymentContract implements Contract {

    /**
     * Sample contract which receives amount from the trigger transaction and returns a random amount between 0 and twice the received amount
     * @param context contract context
     * @return transaction json
     */
    @Override
    public JSONObject execute(ContractContext context) {
        Logger.logInfoMessage("RandomPaymentContract started");
        JSONObject response = validateInput(context);
        if (response != null) {
            return response;
        }
        Transaction triggerTransaction = context.getTransaction();
        Random r = getRandom(context);
        long amount = triggerTransaction.getAmount();
        long returnAmount = BigInteger.valueOf(Math.abs(r.nextLong())).multiply(BigInteger.valueOf(2)).multiply(BigInteger.valueOf(amount)).divide(BigInteger.valueOf(Long.MAX_VALUE)).longValue();
        Logger.logInfoMessage(String.format("amount paid %d amount returned %d", amount, returnAmount));
        Chain chain = triggerTransaction.getChain();
        String secretPhrase = context.getProperty("secretPhrase");
        byte[] publicKey = Convert.parseHexString(context.getProperty("publicKey"));
        long feeRateNQTPerFXT = Long.parseUnsignedLong(context.getProperty("feeRateNQTPerFXT"));
        long recipient = triggerTransaction.getSenderId();
        return sendMoney(secretPhrase, publicKey, chain, recipient, returnAmount, feeRateNQTPerFXT);
    }

    private JSONObject validateInput(ContractContext context) {
        Transaction triggerTransaction = context.getTransaction();
        if (triggerTransaction.getRecipientId() != Convert.parseAccountId(context.getProperty("rsAccount"))) {
            String message = String.format("trigger account %s differ from contract account %s", Convert.rsAccount(triggerTransaction.getRecipientId()), context.getProperty("rsAccount"));
            Logger.logInfoMessage(message);
            JSONObject response  = new JSONObject();
            response.put("errorCode", 10001);
            response.put("errorDescription", message);
            return response;
        }
        if (triggerTransaction.getSenderId() == Convert.parseAccountId(context.getProperty("rsAccount"))) {
            String message = String.format("trigger account %s is the same as contract account - paying yourself is not supported", Convert.rsAccount(triggerTransaction.getRecipientId()));
            Logger.logInfoMessage(message);
            JSONObject response  = new JSONObject();
            response.put("errorCode", 10002);
            response.put("errorDescription", message);
            return response;
        }
        return null;
    }

    /**
     * Create predictable random seed that all nodes running the contract will generate the same random values
     * @param context contract context
     * @return random number generator
     */
    private Random getRandom(ContractContext context) {
        Block block = context.getBlock();
        byte[] generationSignature = block.getGenerationSignature();
        long seed = Convert.fullHashToId(generationSignature);
        Random r = new Random();
        r.setSeed(seed);
        return r;
    }

    private JSONObject sendMoney(String secretPhrase, byte[] publicKey, Chain chain, long recipient, long amount, long feeRateNQTPerFXT) {
        Attachment attachment = chain instanceof ChildChain ? PaymentAttachment.INSTANCE : PaymentFxtAttachment.INSTANCE;
        Transaction.Builder builder = chain.newTransactionBuilder(publicKey, amount, -1, (short)15, attachment);
        builder.recipientId(recipient).timestamp(Nxt.getBlockchain().getLastBlockTimestamp());
        if (builder instanceof ChildTransaction.Builder) {
            ((ChildTransaction.Builder)builder).feeRateNQTPerFXT(feeRateNQTPerFXT);
        }
        Transaction newTransaction;
        try {
            newTransaction = builder.build(secretPhrase);
        } catch (NxtException.NotValidException e) {
            throw new IllegalStateException(e);
        }
        JSONObject response = new JSONObject();
        response.put("unconfirmedTransaction", JSONData.unconfirmedTransaction(newTransaction));
        Logger.logInfoMessage("RandomPaymentContract transaction created " + response.toJSONString());
        if (secretPhrase != null) {
            try {
                Nxt.getTransactionProcessor().broadcast(newTransaction);
                Logger.logInfoMessage("RandomPaymentContract transaction broadcast");
            } catch (NxtException.ValidationException e) {
                throw new IllegalStateException(e);
            }
        } else {
            Logger.logInfoMessage("RandomPaymentContract transaction not broadcast since secretPhrase not provided to the contract");
        }
        return response;
    }
}

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  • Weekly Reminder: IGNIS Applications

A while ago community member segfaultsteve wrote a great blog post here on Nxter, brainstorming “interesting applications” that could be built on Ignis. This week’s reminder is in line with that: if YOU have an idea for a great application or want to learn more about Ignis’ inbuilt features and whether they can solve a problem for you or your peers, feel free to join the ArdorNxt Slack and introduce it to the community.

Last week Xavier wanted to know how the Ignis transaction fees compare to the competition when the use case is issuing tickets on the blockchain. Here is a summary of the conversation it sparked:

Xavier [9:31 PM]

I’d be interested in a comparison of actual prices in usd a company issuing tickets on the blockchain would have to pay per 10.000 tickets sold using a token on the Ethereum platform for this versus using the Ardor platform for end users. Ether valued at 1000, 2000 and 3000 usd and Ardor valued at 10, 20, 30 usd. Anyone in here able to calculate this?

martis [9:34 PM]

Child chain fee is 0.01 ARDR. So 0.1, 0.2, 0.3 USD per transaction.

Xavier [9:41 PM]

A company that organises big events regularly might issue thousands of tickets as a daily average. Would it always cost 1 Ardor to bundle 100 child-chain transactions? Would you need 1000 Ardor to bundle 100.000 child chain transactions? At a value of 10 dollar per ardor it would cost 10.000 usd to issue 100.000 tickets?

martis [9:57 PM]

Your math is correct, but not for issuing the tickets. For making 100.000 transactions.

Xavier [9:58 PM]

Thanks Martis. So at a valuation of 10 usd per Ardor, the ticket issuer would pay 10 cents per transaction. At a valuation of 20 usd per Ardor 20 cents etc. I guess that’s a pretty good deal. I can’t do the math on the Ethereum equivalent. Don’t know enough about it yet.

martis [10:01 PM]

I think if ARDR is 10 USD, then fees could be adjusted by the devs.

Xavier [10:01 PM]

I was wondering about that as well. Fees for forging should be able to be lowered when Ardor valuation goes up to prevent transactions becoming too expensive. But lowering forging fees might be a difficult topic.

CullensAnton [10:02 PM]

@Xavier That already happened. Fees have been lowered once already.

martis

My idea was wider, not just concert tickets, but also internal festival money, instead of fiat.

CullensAnton 

Yes, the wider, the better
Museum, Swimming pools, Fancy fairs etc etc

Xavier 

@martis: I was already thinking about replacing event food/drinks coins/coupons with tokens as well.

martis

and you can control merchants income inside the festival and ask them to pay not for place, but some % of their income during the festival. If the festival is in the EU, you can use AEUR for internal payments and issue assets, as festival tickets.

Xavier [10:12 PM]

The end user shouldn’t even have to know that a blockchain is somehow involved in the service he is enjoying. 

 

Do not be shy, come join the conversations in the ArdorNxt Slack.

IN THE MEDIA

  • Medium – Strong Hands Don’t Worry About Ardor

James Malach of Coinerz wrote this great article. Ethereum is the darling of the crypto world, but it was not always the case. For years it was a solid product with great architecture and then when the time was right it exploded onto the ICO stage. Likewise, Ardor is similarly primed for meteoric growth, given time. It took years for Ethereum to rise to the position it is in now, and it will likewise take time for Ardor to be widely adopted too. There is no shortcut here for organic growth, marketing hype only gets you so far. Only the best blockchain technologies will withstand the tests of time and Ardor, like Ethereum, will do so. Ardor might not have the clout that Ethereum has now, but it will – in time.

Vitalik Buterin’s status in the blockchain world is an example of old school celebrity.

People look at him now and pay homage to his expertise and the way his creation has become a game-changer but people forget that he was a cryptographer before it was cool and he worked for years to hone his craft.

Enter Ardor, a project near and dear to my heart.

Like Ethereum, Ardor was created with a specific purpose in mind. The forward thinking developers foresaw the issue of ‘blockchain-bloat’ before anyone else. They knew that the architecture of both Bitcoin and Ethereum would only allow a limited number of transactions to occur in each block before significant bottlenecks occurred. The Ardor developers knew that this issue was a show-stopper and would be a huge barrier to the mainstream adoption of blockchain technology.

Cut to January 2018 and after eighteen months of development, Ardor is successfully launched with a fully-working product that solves the issue of blockchain-bloat.

In short, people were angry that instead of ‘talking the talk’, the Ardor developers chose to ‘walk the walk’ and release a genuinely ground-breaking ecosystem that solves a genuine problem.

Of course the irony is that these are the same people who tend to speculate wildly on ICO white-papers with non-existent, and often non-feasible products. These are the weak hands, the people who laugh when somebody dares to suggest that Ardor could be a serious competitor to Ethereum.

In the same way that Ethereum started with a trickle, which then became a flood, the signs are overwhelmingly positive for Ardor. New decentralised applications are already being developed on the platform and new ICO’s are already in the pipeline. Of course things take time. It took nearly two years before Ethereum became the mainstream store of value that it is today.

Source

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  • Adebajo Adedayo in Medium – The Blockchain Tales

The Support Specialist at Jelurida wrote this introductory piece about the beginnings of his adventure working with blockchain technology.

Today we talked of the incidence of Yesterday that has made the news headlines. Tomorrow, we shall once again narrate our experience of today that will perhaps make the history. Stories have evolved from the Mythical stone-age, to the legendary Brooklyn Bridge. Today we talk of things we couldn’t have possibly imagined yesterday. Yet, here we are today making history of the Blocks tied together in unbreakable Chains. A bond created so unique that will change the course of history. Chained together and kept intact by millions and can’t be corrupted by the powerful few. The power of connection that made the big vast world so small and linked. In the midst of some authoritative few deciding the fate of many, an array of decentralized systems was developed to break the chains of slavery with the chains of bonds. Amazing what the power of the masses can achieve. A way forward to a brighter tomorrow where we determine our own future.

….

2013 was another significant moment in history that built a monument across time lines where many have failed. Nxt came with an advanced technology that will improve the human liberation from the chains of bondage with the bonding chain. This is definitely a tale worth telling but cant be appropriately expressed in a single day and perhaps not even in a lifetime.

Source

You can read another of Adebajo’s posts here at Nxter.

PRICE EVOLUTION

  • TradingView – ARDR) / BTC – Falling Wedge Pattern Ending by CryptoMoe81

Source

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  • TradingView – Ardr Good Support Zone – Potential Profits by RamoZa

Source

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  • TradingView – ARDR/BTC POTENTIAL 1000% by joewalker808

 

  • TradingView – ARDR/BTC by ChartsOnTime

  • TradingView – IGNIS/BTC Buy Signals by AnakEmasDukun

Source

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  • Weekly NXT/ARDR/IGNIS Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Bittrex over this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Bittrex over this past week:

The following graphic shows the IGNIS / Bitcoin exchange price at Bittrex over these past days:

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And that is all for this week, Nxters.

Follow us on Twitter or Telegram for important breaking updates during the week as they happen. See you back here next week! We will keep you updated on the growing world of distributed ledger technology.

Help us grow and help us continue to provide excellent and focused coverage on the ever-growing blockchain space by rewarding us for our hard efforts. Donation address: NXT-TK9J-MEKH-MUP9-HFCH2 / ARDR-TK9J-MEKH-MUP9-HFCH2.

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