Nxt news – April 2017 (III): Quality Means Doing It Right When No One is Looking

April 2017 (III)

 

Here’s some of the latest news about Nxt over this last fortnight:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Poloniex Tutorial – How to Transfer Assets to the Official Nxt Client

A few days ago, Poloniex made an unexpected announcement via Twitter stating that on the 2nd of May, they will be delisting 17 coins. Among these is Unity/Supernet, a well-known project among nxters, because, in the beginning, it was closely connected with the Nxt platform and community.

Up to now, the Supernet/Unity asset could be traded both on Poloniex and on Nxt’s Asset Exchange.  Upon Poloniex’s decision, those investors who don’t want to lose their investment must transfer their asset to their Nxt account, where, by means of this core feature of Nxt, it’s impossible for any entity to stop the trading of any asset.

In the following video tutorial, Arthur Penzl shows us how to create an account on Nxt and how to transfer your assets from Poloniex to your account using the official Nxt client (Next Reference Software – NRS)

The audio quotes are taken from the book ‘SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions‘, a full guide to the history, the features, the community, and the evolution of the Nxt cryptocurrency platform. The book can be bought in our online store or from other shops such as Amazon, iBooks, etc.

More information: https://nxter.org/ae

Tutorial: Nxt Asset Exchange

SNAPSHOT – Digital and PoD edition of the Book Now For Sale

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  • Future Blockchains – What is Nxt

This video recently published by Carl, of Future Blockchain, provides a brief introduction to Nxt. In it, Carl enumerates some of the features of Nxt, such as the Voting System, Multisignature or Account Control, Encrypted Messages, decentralized data cloud, decentralized Asset Exchange, decentralized Market Place, crowdfunding capabilites, etc.

The author also explains the big amount of different operations and menus that you can find in your Nxt Wallet, thus making possible for users to easily make use of all the available capabilities of this platform. As Carl outlines, this cryptocurrency has many functionalities integrated, thus allowing a lot of use cases.

The video also remarks that all the cryptocurrencies have the ability to work as a currency, but Nxt is one of the few cryptoplatforms that has more features integrated, thus opening up a new range of possibilities.

Source and more information: What is Nxt

https://www.youtube.com/channel/UCxN9JhKLzKePpT1abZPW27g

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  • Webit Festival Europe – Jelurida Confirms its Attendance

Jean-Luc, lead core developer of Nxt and Ardor, has confirmed the attendance of Jelurida members Kristina Kalcheva and Tomislav Gountchev to the 8th edition of Webit Festival Europe, the European edition of the Global Webit Series, which will take place on the 25th and 26th of April at Sofia Tech Park. This event will be attended by large Bulgarian and European institutions and the huge attendee list includes global thought leaders, 5000+ attendees from Fortune 500 companies, major brands, policy makers, scientists, and the hottest startups.

There will be several in interesting activities that will take place during the event, related to things such as digital economy leadership, Fintech and blockchain, security and privacy, smart cities, big data and cloud, and many more.

Jean-Luc says:

Jelurida will be presented by Kristina and Tomi at the Webit Festival in Sofia next week, Apr 25-26.

If any Nxt and Ardor fans are visiting this event, should be able to meet them in the startup exhibition.

All the tickets for the event are already sold out, but if you want you can sign up for the waiting list and, in case of availability, you’ll be able to buy your ticket.

Source and more information: https://nxtforum.org/general-discussion/jelurida-attending-webit-festival-in-sofia-25-26th-april-2017

http://www.webitcongress.com/

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  • Larson Digital – Blockchain Hackaton that Relies on Nxt Tech

In Huckletree Shoreditch, London, a blockchain hackaton organized by Larson Digital with $35,000 in prizes was held. Tasks were focused around developing blockchain-based architecture, security, transaction management, and other solutions underpinning the company’s platform. The participants were required to have skills in:  Java, blockchain, mobile apps, crypto wallets, encryption, digital content, bio identity, regtech…

The tasks will cover:
– Integrating Blockchain and DLTs technologies with eCommerce markets
– Handling Proofs of Identity and cryptographic Passwords
– Reporting across multiple native assets as Tokens
– Securing digital content specifically encryption/keys
– Blockchain regulatory reporting

For this event, the Nxt platform was highlighted:

The hackathon challenges related to blockchain will rely on NXT open-source code (GPL 2). More information for developers can be found on https://nxt.org/get-started/developers/

Please note, this is not sponsored or affiliated with Jelurida. All are welcome to join. All entries that are accepted for deployment will be open-sourced for benefit of community.

As this hackaton is about cloning Nxt’s blockchain and not using the current public blockchain, Jean-Luc, Nxt and Ardor core developer stated:

There is a good reason why Jelurida is not willing to endorse or support this event, and it is because it is not about the public Nxt blockchain but a clone, which the Nxt core developers do not support.

Source: https://www.eventbrite.com/e/blockchain-hackathon-tickets-33545833491

https://nxtchat.slack.com/archives/C0JR4J5NF/p1492540976636399

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  • Janus – Distribution Completed

In our previous newsletter, we talked about the latest news about the asset distribution plan that the Janus team has announced for this quarter, which included the transfer of 800 000 JNS tokens that were for sale on the Nxt Asset Exchange to C-CEX, where they were made available at a price of 3 000 satoshis each. The team is also planning to reduce the total supply to 37 000 000 JNS, in an asset-burning process that would take place in the beginning of July.

The plan has been really successful, and, thanks to the community support and feedback, the team has refined its original strategy once again. By opening itself to the BTC market which has a larger trading volume and number of users, together with the announcement of the incorporation of a new and recognized member to the team, as well as the announcement of the introduction to the ETC community and the launch of some new web projects, it was then possible to sell the originally-available 800 000 assets in addition to the 400 000 assets transferred from the Asset Exchange. With this, the JNS distribution is finally over. Current asset holders will benefit from bigger dividends due to the asset supply shrinkage, thus promoting long term investment.

Bjorn, from the Janus team, states:

We have completed the final distribution for our team, this was a small but needed part of our project to help us offset  internal marketing costs. With this sale ending it is time for our team to begin the process of supply reduction.

Transaction: 11120319234261742538

We started the token count at 99,999,999 JNS current total supply since burn was initiated is now: 25,201,489 JNS

This leaves 16,201,489 in circulation, assuming none of the JanusXT holders leave the Project

Moreover, a road map with the objectives for the following 4-5 months has been set up:

  • Launch of Ethereum Classic community business
  • Q&A session with our new team member and community. His focus will be on marketing our mainstream sites
  • Media based site for JanusXT holders and our team
  • Social Trading/Fintech beta launch prior to the full launch.

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  • Farl4bit – New Asset LinkBuild

Farl4bit, a very well-known and active member of the Nxt community, has announced the launch of his new asset called Linkbuild. The linkbuilding management tool helps companies and website-owners manage their linkbuilding campaigns (linkbuilding is part of search engine optimization).

Farl4bit explains:

 

Linkbuilding for everyone
Linkbuilding.io has come up with a great and easy way to manage your linkbuilding all at one place. Integrate your portfolio and start managing your linkbuilding campaigns and partnerships. The robot ‘io’ will monitor the status of the links for you. Linkbuilding is part of SEO. SEO stands for Search Engine Optimization, which means optimizing your website to rank high in search engines like Google. Linkbuilding.io is an administration tool and does not cheat Google…
LINKBUILDING asset information
To raise funds for the development and promotion of Linkbuilding.io we are using the Nxt Asset Exchange. Linkbuilding.io is now in beta-fase and we want our asset holders to be part of the tool too. We are curious how you experience the tool and how we can improve it. The tool will be ready in a few months.
Asset name: LINKBUILD
Asset account: NXT-FTJF-Q6DM-47XC-54EC2
Asset ID: 11240133193452178590
Decimals: 4
Price: 10 NXT
Total assets: 570 000
Assets for sale: 85 500 assets (15%)

Rewards and dividend
When you support us with this crowdfunding campaign you will be rewarded with part of the profit. When you own for example 1% of the assets, you will get 1% of the profit, paid monthly in NXT with the dividend function in the Nxt Asset Exchange. Plus there are extra rewards:

  • If you buy >1000 assets during ICO, you’ll get a linkbuilding account worth about $165 per year.
  • If you introduce a new paying user you’ll get 200 assets (50000 assets reserved for this)
  • If you join the forum signature campaign you will get 70 assets (7000 assets reserved)

Source and more information: https://nxtforum.org/assets-board/(ann)-linkbuild-asset-gt-crowdfunding-campaign-linkbuilding-io-gt-dividendreward/msg231471/#msg231471

https://linkbuilding.io/crowdfunding

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  • Adel – ICO’s Terms and Conditions

The Adel team has presented a document with Terms and Conditions that constitutes a contract between Adel Ecosystem Limited and any of its future subsidiaries or affiliates constituting the Adel ecosystem. This terms govern the use of the website, the only official and authorized website for Adel, the sale of Adelphoi (“ADL”) through its Initial Coin Offering (“ICO”), and the holding and use of Adelphoi.

Adel’s ICO is the first one to meet Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Know-Your-Customer (KYC) requirements. It aims to raise at least 900 BTC. If this figure isn’t met, then the Voting tool would be used to decide about the future of the project.


By acquiring Adelphoi coins, whether from another stakeholder or through the ICO, you represent and warrant that you:

  • Have a basic level of understanding of the usage and intricacies of cryptographic tokens, such as NXT, and other blockchain-based software systems
  • Are at least 18 years old or the age of contractual capacity
  • Are legally permitted to use NXT tokens in your jurisdiction
  • Waive your right to participate in a class action lawsuit or a class-wide arbitration against any member of Adel Services
  • Are not exchanging Adelphoi for any illegal purpose within your jurisdiction
  • Understand that there is no warranty whatsoever on Adelphoi, express or implied, to the extent permitted by law, and that Adelphoi are created on an “as is” basis
  • Further agree to accept sole risk for your participation in the Adel ecosystem
  • Are not a USA citizen.

This document, together with the FAQ and the wide variety of white papers, projects, and marketing materials published by the Adel team are giving the go-ahead signal to the ICO with more info available to the public to make their decision, which is expected to launch on the 1st of May, 2017.

Adel is a global cryptocurrency community that is self-sustained, and offers its own economic ecosystem with the Adelphoi token. Our community focuses on creating, developing, and implementing use cases involving blockchain technology that covers a wide range of digital and physical industries. Projects are chosen by the community and successful ventures are either re-invested in for further growth or issued as rewards to Adel’s stakeholders

More information: Previous newsletter

Twitter: https://twitter.com/adelphoi_io Slack: https://adelchatinvite.herokuapp.com/

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  • Nxt Node – How to Properly Shut It Down

The developers of Nxt recently shared a reminder that there is an easy way to properly shut down our Nxt node either from the User Interface or from the terminal. This way, we’ll avoid some minor issues that may come up, such as the blockchain file becoming corrupted thus having to download it from scratch. This wouldn’t mean, in any way, that the security of our Nxt account may get compromised for this reason, since all our accounts, balances, transactions, and so forth, are stored on the blockchain. Nevertheless, it could be a small setback that could easily be avoided.

Lior Yaffe, Nxt core developer, states:

The NXT node uses a Java mechanism called “Shutdown Hook” to close the database and perform necessary cleanup before shutting down the Java process. Killing the Java process without letting the shutdown hook execute may result in database corruption.

Therefore, when shutting down the NXT node, always use one of the following methods:
1. On GUI environment, use the “Shutdown” menu item from the system tray icon.
2. From the command line use the command

kill <pid>

If possible, never use the following methods for shutting down the node:

kill -9 <pid>

or kill the process from the Windows task manager or using Mac OS/X similar function

Jean-Luc, Nxt core developer, added to the above:

If you started the server from the command line in a terminal, pressing Ctrl-C there should also send the proper kill signal for a clean shutdown.

Source and more informtaion: https://nxtforum.org/nxt-helpdesk/how-to-properly-shutdown-your-nxt-node/msg231393/#msg231393

How To: Set up a Nxt node on a Raspberry Pi 2

The Forging Bounty Lottery campaign

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DEVELOPMENT

  • Jelurida – Ardor Blockchain Platform Design

Jelurida, the corporation that joins together all the Nxt and Ardor core developers, has published a new document divided into 6 sections where they explain to the public the general design and functionalities of the Ardor platform.

  1. In the first section, they give a brief Introduction to the Nxt Software and its features. All of them are implemented due to the good and flexible design of Nxt.
  2. In the second section, they talk about the possible limitations of the Nxt platform that they’ve identified, such as the need to use the same NXT token for most transactions, or the blockchain bloat problem, which is common for all other blockchain platforms due to the fact that every full node needs to store all transactions ever created since the blockchain was started, as well as re-process all of them when it downloads the blockchain for the first time. This creates a bottleneck that can only get worse when the size of the blockchain increases.
  3. In the third section, they present a solution for the problem mentioned above. It consists of splitting between the “forging token” and the “transactional token”. In Ardor, a separation of these two functions is used to achieve much greater scalability by reducing blockchain bloat, and flexibility, by allowing multiple other transactional tokens to be used, which, in effect, allows custom “child chains” to exist and run on the same network of nodes.
  4. In the fourth section, implementation details are given. Each node running the Ardor blockchain validates the transactions from all child chains, before they are pruned. A node downloading the blockchain from scratch will no longer be able to fully validate child chain transactions that have already been pruned. (it will only verify their hashes and ChildChainBlock transaction signature) However, this does not lower the overall blockchain security as it can still verify that the accounts who forged the blocks containing them were eligible to forge at that time, and therefore those transactions must have been validated by all up-to-date nodes while their data was still available. Child chain transactions will be pruned, but archival nodes can opt to be stored one or more child chains longer, or indefinitely. Periodically, each node will calculate a snapshot of the state of all derived objects, and a hash of this snapshot will be included in the current block by its forger. All nodes that are up-to-date and on the same fork already have exactly the same state, and thus will be able to verify this hash (and reject the block if invalid). A protocol will be defined by scanning which nodes are out-of-date, or are downloading the blockchain from scratch, then request the latest snapshot from up-to-date nodes, then validate it based on its hash being included in the blockchain, and finally download it in a decentralized manner. In this way, such nodes will catch up with the latest system state, thus bypassing the need to re-process all old transactions that are already pruned.
  5. In the fifth section, gains and benefits are analyzed. Among them, we find the ability for the blockchain to scalae and the possibility to create our own personlized child chains, secured by the main chain, that will use their native token.
  6. In the last section, the document explains the different implementation phases for Ardor that will start with its initial launch in the third quarter of 2017.

You can have a look at the full document to learn more details to learn more about Ardor.

Source and more information: https://www.jelurida.com/ardor-blockchain-platform-design

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  • Google Chrome – Ardor Price

Taha Tawfik has announced his new development: an extension for Google Chrome that shows the price of Ardor, among some other functionalities, in this popular web browser. These are the features provided by this extension:

  • Notify you if price goes higher or lower
  • Handle over 33 currency as such (USD/JPY/INR/EUR/GBP)
  • Handle high precision
  • Quick-Links (Slack, ardorplatform.org, able to monitor the fiat equivalent of your wealth in Ardor instead of the price (1000 ARDR = $30)
  • Allow you to select the refresh rate from 10s to once every 4 hours.

Source: https://chrome.google.com/webstore/detail/ardor-price/ipaidnnpbccoekihkcelmnnhnidhnpfd

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NXT IN THE MEDIA

  • Gate of Bitcoin – NXT Coin, the Second Generation Cryptocurrency

This article written in German by KriptoGate, published on the platform Gate of Bitcoin, summarizes some of the many features of the pioneer 2.0 blockchain: Nxt. The text states some important milestones about the development of Nxt and explains some of the most popular features (such as the brain wallet, PoS, forging…) and explains why Nxt is a complete ecosystem for businesses and is much more that just a simple payment system.

The author also exposes some of the arguments used against Nxt (and PoS coins in general), such as the Nothing at Stake (NAS) attack. We’d like to point out here that there are some research into this field, such as the one carried out by Kushti and the Consensus Research team, that deemed this attack as unfeasible against the Nxt platform.

Note: The Jay wallet, which is referenced in the article, is not updated anymore. The Supernet wallet isn’t currently compatible with the Nxt API.

Source and more information: http://bitcoin.netzophren.de/nxt-coin-die-krypto-waehrung-der-zweiten-generation/

Nothing at Stake explained in 4 minutes

https://github.com/ConsensusResearch/articles-papers/blob/master/multistrategy/multistrategy.pdf

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  • Steem It – The DAO Incident, Ardor (or NXT) and the Whole Confusion

Nivesh, writer of this article published at SteemIt, talks about the rise in price of cryptocurrencies such as Dash, Monero, Ripple, and even ETH, after going through the DAO incident. In the midst of this, NXT and Ardor have been quietly adapting and evolving.

The author offers a clear explanation about the features included in these two platforms:

NXT offers asset exchange so the ability to create tokens or trade in existing ones, it is also a data could which is protected by the blockchain; exclusive only to the owner of the address and there is a voting system as well…
The Ardor main chain will be where transaction processing for all child chains, including Ignis, will happen. The reason why transactions on the main chain will be minimized is to deal with the blockchain bloat issue. This issue is also addressed in the feature that child chain transactions will be pruned after a snapshot every 1440 blocks (~24 hours). However, child chains can choose to have all transaction details recorded through the use of an archival node

Ardor and Ignis will be launched during the third quarter of this year. Ardor’s testnet has created a lot of expectation, making the price of both NXT and ARDR go up. What will happen once the mainnet is launched? Only time will tell…

Source and more information: https:[email protected]/the-dao-incident-ardor-or-nxt-and-the-whole-confusion

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PRICE EVOLUTION

  • Aaron AG – NXT Technical Analysis

Aaron AG has his own YouTube channel with over 2200 followers. There, he performs some technical analysis of different cryptocurrencies in a clear and easy-to-understand didactic teaching style. This time he talked about NXT:

Aaron gives a short explanation about his videos:

Learn step by step as if you were watching directly over my shoulder and get ready to enter a fun and exciting world of Technical Analysis that puts you right into the drivers seat or right beside me to watch first hand how to trade the market and learn its patterns and movements. Teaching investing and sharing helpful information with others in these uncertain times. All videos are for educational purposes only and are my personal investment choices. If you choose to invest using any of my recommendations or strategies you do so at your own risk.

We’d like to point out that we are just echoing the opinion of an analyst because it’s referring to NXT. However, that doesn’t mean that Nxter approves nor disapproves this opinion. Investors are always responsible for doing the proper research and analyzing the risks when investing in volatile markets such as cryptocurrencies.

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  • Lumbridgecity – Time to Invest in NXT and/or ARDR?

LumbridgeCity is a platform that aims to teach users how to trade cryptocurrencies on Poloniex. It includes Bitcoin Trading and CryptoCurrency Guides as well as Video Tutorials. It features updates covering Poloniex Margin Trading and Margin Lending markets and tutorials on basic technical analysis and live Poloniex Trading reports.

This week, they’ve introduced a new video analyzing the price of NXT and trying to foresee (always in their personal opinion) its future movements:

They’ve also release another video concerning ARDR’s price evolution:

We’d once again like to point out that we are just echoing the opinion of an analyst because it’s referring to NXT. However, that doesn’t mean that Nxter approves nor disapproves this opinion. Investors are always responsible for doing the proper research and analyzing the risks when investing in volatile markets such as cryptocurrencies.

More information: https://www.youtube.com/channel/UCnhc9BEete6WcgU0MvPoAKg

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  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price changes on Poloniex over this past week:

The following graphic shows the ARDR / Bitcoin exchange price changes on Poloniex over this past week:

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Nxt news – April 2017 (II): The Dictionary is the Only Place Where Success Comes Before Work

April 2017 (II)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Cointelegraph – Blockshow Europe 2017

Blockshow Europe 2017, the blockchain event organized by Cointelegraph, is over.

560 attendees, 26 exhibitors, and 26 speakers joined together in Munich to make it the largest international Blockchain-related event ever organized in Europe. Among the conference speakers were experts, businesses, and practitioners of the global Blockchain industry.

The Nxt Foundation attended as exhibitors and represented Nxt and Ardor with a booth in the main exhibition space. Some members of Jelurida also showed up during the event:

Dave Pearce, board member of the Nxt Foundation, stated when the event was over:

BlockShow 2017 was excellent, the Nxt Foundation team networked a lot. And, as often happens, we ran into lots of serious business/crypto people who’ve been quietly following Nxt (and now Ardor) with interest over the last few years, so we got plenty of love in Munich.

Source and more information: https://cointelegraph.com/news/blockshow-europe-2017-by-cointelegraph-events-became-massive-success-hundreds-attended

https://nxtforum.org/nxt-promotion/coin-telegraph-blockshow-europe-april-6-2017-munich/

http://events.cointelegraph.com

Blockshow news at Nxter.org

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  • Moldova ICT Summit 2017 – Blockchain Innovations in Government

Lee Gibson Grant, founder of the Drachmae project and early member of the Nxt community, gave a presentation at the 2017 Moldova ICT Summit, where he talked about DT X, a new project, which seems to build on top of his earlier blockchain experiments – a cryptocurrency that pays dividends, a bunch of partnerships, and a proposed complete blockchain infrastructure to “make it possible for non-government entities, or governments themselves, to establish and run a national, parallel, paperless monetary system, Viability of Blockchain for E-Governance and Smart Cities”.

Lee states in his presentation:

Nxt is a decentralized blockchain, which has been around since 2013. It’s been very generous to me because all the projects I’ve done with it have been very successful… We struggled with many other blockchains…

The Republic of Moldova is a landlocked country in Eastern Europe, bordered by Romania to the west and Ukraine to the north, east, and south. DT X aims to outline various use cases for individuals, private associations, regional, municipal, and central government entities to achieve acceptance or disapproval of its technology and find out whether it has a role to play in solving real world problems, or if it should remain a theoretical experiment left to be debated by economists.

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  • Adel – FAQ

Adel, the upcoming blockchain incubator that will be built on top of the Nxt blockchain, has just published a comprehensive FAQ with 40 of these questions to address concerns that potential investors may have. This FAQ further explains existing information given in a set of whitepapers and projects that Adel has already shared with the community. The Adel ICO will begin on the 1st of May, 2017.

Why did Adel choose Nxt as their blockchain platform?

Adel chose Nxt because they are a better Blockchain as a Service (BaaS). For this main reason, Adel established a strategic relationship with Nxt, since they offered the best platform with a set of integrated features to achieve our goals. Our partnership with Nxt is to enable our platform for maximum success with streamlined development and the shortest time to market…

Adel Ecosystem Ltd. will utilize the Nxt blockchain for voting, accounting, and its core infrastructure. In addition, public, private, or child chains on Ardor will be utilized in projects where the benefit of this technology can be utilized

Why did Adel choose Nxt over Ethereum?

Adel chose Nxt because it was the ideal option for the needs of Adel in the use of blockchain technology. With Nxt, a lot of the features required by Adel, such asset creation (a feature used to create the ADL coin), were easily available. In addition:

– Nxt is a platform that has multiple features integrated into its core, which Adel required.
– Nxt is better for Adel because of the need for frequently repeated common transactions on the blockchain.
Adel did not need Ethereum’s customizable smart contracts for its blockchain. Ethereum is more of a platform for smart contracts that require potentially intensive development.
– Adel plans to use phased transactions is progressing efficiently and effectively in the future – one of the most valued features of the Nxt platform.
– Adel needed the ability to create assets on Nxt and utilize its asset exchange. Ethereum has freely issued tokens, but does not have a decentralized exchange at a core level.
– Adel will capitalize on Nxt’s voting to establish a community consensus on approving projects or agreeing on other important decisions.
– Adel will capitalize on Nxt’s dividends feature, built into its core for distribution of funds and project rewards.
– Adel will take advantage of Ardor, once it is deemed suitable, in order to take advantage of the marketplace feature for startup licenses and trading of the ADL currency on an Adel child chain.

Source and more information: https://www.adelphoi.io/faq

Web: http://www.adelphoi.io  Twitter: https://twitter.com/adelphoi_io  Slack: https://adelchatinvite.herokuapp.com/

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  • Janus – Changes in the Distribution Model

The Janus team has announced changes in the way the distribution of the Janus asset:

  • 800 000 Janus assets that were initially planned to be sold during this quarter in the Nxt Asset Exchange have been moved to the C-Cex exchange for sale. This way, investors will have more opportunities to buy Janus straight with BTC, without having to get rid of their NXT.
  • The current distribution, ending on the 3rd of July, will be the last token distribution Janus is going to offer. Furthermore, on 3rd of July, the total supply of Janus will decrease from 97 million to 37 million.

bjorn_bb states:

We will be moving 800,000 Janus tokens of this quarterly distribution from the asset exchange to C-Cex to allow those holding NXT for Ignis conversion more options for larger buys via BTC set at 0.00003 sats. This will be the last token distribution we do, afterwards expect the total supply of Janus to decrease from 97 million to 37 million early July. This notice gives all traders time to plan accordingly in the business sites we are delivering. Currently less than 14 million Janus are in circulation…

Those who wondered you can use BTC/NXT/etc/Ardor if you are interested in getting a token discount for the 2 mil Janus required to get access to JanusXT tier… 1 JanusXT spot remains available.

Source and more information: https://bitcointalk.org/index.php?topic=1677509.msg18509621#msg18509621

Janus News

https://janustoken.com

https://nxtforum.org/the-janus-project/janus-(jns)-blockchain-secured-global-business

#janusproject (Link to join Nxtchat on Slack)

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DEVELOPMENT

  •  Ardor – Development Roadmap

An updated detailed Ardor roadmap has been published by Jelurida, the corporation of core developers working on Nxt and Ardor. In this roadmap, we can see how the developers have managed up to now to meet all the deadlines so far with no delays. Everything is going as planned, and Ardor’s main launch is getting closer.

  • Q1 2017 (done)

    • Testnet launch, parent chain with multiple child chains architecture fully implemented, including UI support
    • Cross-chain Coin Exchange
    • Child chain block creation (“bundling”), fees in native child chain coins
    • “By Holding” dividend payment transaction type
    • Major rewrite and optimization of the peer networking layer
  • Q2 2017 (in progress)
    • Additional Asset Exchange transaction type improvements
    • Prepare for the migration of aliases, holdings, and account settings from the Nxt blockchain to the IGNIS child chain
  • Q3 2017
    • Ardor mainnet launch
    • Migration of ARDR balances from the Nxt blockchain asset to the Ardor Genesis block
    • Spawn of the IGNIS child chain based on existing NXT balances, crowdfunding pre-sale, and development funds
    • Spawn of BTC, EUR, and USD pegged child chains backed by 3rd party business entities
  • Q4 2017
    • Pruning of child chain transactions and sharing of snapshot data between nodes on testnet
  • Q1 2018
    • Pruning and snapshotting implemented on mainnet
    • Additional child chains launched on mainnet
    • Support for child chain specific transaction types

There are also some research projects going on, such as:

  • Child chain specific subnets to improve scalability
  • Blockchain pruning of the Ardor parent chain
  • Child chain specific parameters such as block times and message size
  • Allow user issued child chains

Source: https://www.jelurida.com/ardor-roadmap

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  • Jelurida – Private Blockchain Evaluation Kit v1.11.5

Riker, Nxt and Ardor core developer and member of Jelurida, made a post on Nxtforum announcing the release of a new version of the software to evaluate the operation of private blockchains, which a modified version of Nxt 1.11.5. By using the “Private Blockchain Evaluation Kit”, users are able to rapidly prototype, develop, and test Nxt-based applications on a private, local testnet, without having to join the public testnet or the production blockchain.

Lior Yaffe says:

We expect this evaluation release to be useful for the following purposes:
1. Application developers who plan to eventually deploy their application to public Nxt blockchain.
2. Businesses evaluating the suitability of the Nxt platform for their own private blockchain use case.
3. Academic research and experimentation with proof of stake blockchain technology.
4. Users who want to learn how the Nxt blockchain works, without having to purchase NXT or ask for testnet coins.

Any company can use this to setup a private network, the limitation of this kit, is that the Genesis account with a well known passphrase can submit transactions. We believe that this by itself prevents the usage of this private blockchain for production and that whomever wants to use it for production will need to license a fully functional version from Jelurida.

Source and more information: https://nxtforum.org/nrs-releases/private-blockchain-evaluation-kit-v1-11-4/msg231042/?topicseen#msg231042

https://www.jelurida.com/evaluation

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NXT IN THE MEDIA

  • IBS Intelligence & Bitcoin Agile – Ardor Roadmap

Several online news platforms have covered the recent release of the Ardor development roadmap by Jelurida. Such is the case with Alex Hamilton, who has written an article at IBS Intelligence about it, as well as Bitcoin Agile, which has also discussed this announcement.

Both reports explain some of the functionalities that Ardor child chains will have, such as the ability for users to create their own assets and have them traded on a decentralised asset exchange. They will be able to set up their own child chain that will include pre-installed features from Nxt. Moreover, it will be possible to exchange tokens from one child chain to another. In other words, a cross-chain coin exchange.

Ardor will be designed and tested during this quarter. In the second half of 2017, we will see the launch of the Ardor mainnet. The full launch of Ardor will not mean that Nxt will lose support, because both platforms will exist and get support even once Ardor is launched.

Dave Pearce, board member of the Nxt Foundation, states:

The community is very proud of the progress that has been made since we announced the launch of the Ardor Platform… The  team of software engineers and expert coders at Jelurida are working on creating a platform that can be applied to any number of industries

Source: https://ibsintelligence.com/ibs-journal/jelurida-outlines-ardor-blockchain-platform-next-steps/

http://bitcoinagile.com/C7FED9/jelurida-sets-out-its-roadmap-for-ardor-blockchain-platform_stream

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PRICE EVOLUTION

  • CryptoWatch – NXT/USD & NXT/BTC Pairs Included

CryptoWatch is a real-time market visualization tool that allows users to customize its interface around their trades.

Some of the features included with this tool are:

– Standard OHLC candle chart
– RSI and MACD indicators
– Keltner Channel, Parabolic SAR, and EMA overlays
– Multiple dark and light background themes
– Ability to zoom in
– Live ticker navigation which shows real-time price of the coin you are viewing
– Option to convert all fiat prices into USD, EUR, CNY, or CAD
– Fullscreen mode
– Overlay of your trades on the price chart
– Calculation and comparison of your last trade vs. the current market price

Recently, this platform has added NXT/USD and NXT/BTC pairs, based on the data provided by Poloniex. From now on, all nxters can see how the price of NXT evolves using this tool. Moreover, it is possible to connect to your Poloniex account using an API key and visualize how you are doing in real time and enabling you to execute trades from within the same interface.

Source and more information: https://cryptowat.ch

https://bitcointalk.org/index.php?topic=754677.0

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  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price changes on Poloniex over this past week:

The following graphic shows the ARDR / Bitcoin exchange price changes on Poloniex over this past week:

(Back to the Index)

Nxt news – April 2017 (I): The Greater the Difficulty, the Greater the Glory in Surmounting It

April 2017 (I)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Hyperledger – Vendor Members List

Hyperledger, a Linux Foundation project, intends to create an advance cross-industry blockchain technology through a collaborative effort and has been doing so since 2015. Hyperledger has recently set up a special section on its website to let the public know about Hyperledger members that offer a variety of products and services around and based on various business blockchain technologies. The Nxt Foundation is included in this section.

Travin Keith, the Marketing Director and a Blockchain Consultant of the Nxt Foundation, is the person in charge of representing the Nxt Foundation at Hyperledger, where numerous well-known players in the finance and tech industries are members of, such as: Cisco, Fujitsu, Hitachi, IBM, Intel, Red Hat, Grupo Deutsche Börse, J.P. Morgan, etc.

The Nxt Foundation is a nonprofit organization that promotes the use of Nxt and Ardor blockchain technology. Since 2014, we have been a point-of-contact for businesses and organizations interested in using this technology and have since expanded our operations to further support the broader community.

Blockchain Products/Services Offered: Businesses and organizations can consult with us regarding the use of the open source feature-filled Nxt and Ardor blockchain technologies that we support, whether on the public chain or a private one, for various blockchain-based solutions spanning a wide range of industries. Existing blockchain features include Arbitrary Messaging, Polling, Phased Transactions, Asset Creation, and an Asset Exchange, as well as a Plugin system, to name a few. The Nxt Foundation can also connect interested parties with the developers of both blockchain platforms for customization.

Headquarters: Amsterdam, Netherlands
Active Geographies: Worldwide
Industries: Any industry with blockchain technology needs.
Email Address: [email protected]

Source and more information: The Nxt Foundation joins Hyperledger

https://www.hyperledger.org/about/members/vendor-member-directory

https://github.com/hyperledger/hyperledger/wiki

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  • Intel & The Floor – International Blockchain Hackaton

In some previous newsletters, we announced that Lior Yaffe, a Nxt and Ardor core developer, will be attending to the International Blockchain Hackaton in Tel Aviv on the 29th and 30th of March, 2017. Nxter.org covered this story by releasing two articles that include all the details about Lior’s participation at this event and the event itself.

 

The challenge set by the organizers was to establish a digital, one-stop-shop solution to register shares, handle corporate actions, and allow for updates of company capital structure. This could sound like a tough job, but it isn’t really a problem for Nxt, because most of the features needed are already included in the Nxt core, as Lior explained:

The “problem” is, that the functionality we provide out of the box with data cloud, phasing, messages, account ledger, encrypted file attachment, shared key is enough to implement this.
I don’t have anything real to develop.
The mentor told me “you better work on a presentation.”

And this is the result:

Click here to watch a video with Lior’s presentation.

More information: Hackaton – day 1

Hackaton – day 2

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  • Cryptomate – Buy NXT via Bank Transfer in the UK

Now you can buy NXT via instant online bank transfer in the United Kingdom thanks to Cryptomate, a service that offers an easy and fast way to purchase cryptocurrencies. It benefits from the Faster Payment Service, which lets you complete your purchase really fast (however, still very far behind the confirmation speeds in blockchain technology).

Simply choose the cryptocurrency you want to buy, enter your email address and crypto wallet details, and make your payment through online banking. Once your order has been paid you will receive your coins in your wallet.

CryptoMate puts a strong focus on security. Nothing is more important to us than keeping our customers safe and secure while using our service. Using our peer-to-peer Trusted Vendor system means that we do not store any cryptocoins or customers’ money. We use SSL for point-to-point encrypted communications, and store all customer information in a secure database.

Non-verified users have a total order limit of £250. If you verify your identity your daily limit is set to £1,000.

Source: https://cryptomate.co.uk/buy-nxt/

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DEVELOPMENT

  • NRS Update – Version 1.11.5

A new version of the Nxt Reference Software has been published. The changelog includes the addition of firstIndex and lastIndex to the getUnconfirmedTransactions and API getUnconfirmedTransactionIds, in order to support pagination. Moreover, minor performance optimizations and UI improvements have been made. H2 has also been updated to version 1.4.194 and jetty has been updated to version 9.3.17.


You can download the NRS update straight from your current Nxt client or from Bitbucket. Always make sure that the given SHA256 signature is exactly the same as the hash of the file. You can check it using your NRS wallet, online third party services, or locally-run third party software, so that you are absolutely sure that you are receiving the original file.

  • Android Wallet

The Nxt client application for the Android platform has also been updated with the latest version of Node (v7.8.0), NPM (4.4.4) and Apache Cordova 6.5.0.

Keep in mind that the mobile wallet that this version brings us works much as the Light Wallet. It connects to an aleatory public node every time you run the app while being able to use almost all the features of the full client. You can download it for your Android phone from here.

Hash 94f71ed4d3762dd2e28f28bf0f8760a5a2c3cb78ee22a257639cc39dbe0c2621

Source and more information: https://nxtforum.org/nrs-releases/nrs-v1-11-5/

https://bitbucket.org/JeanLucPicard/nxt/downloads/

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-mobile-client-android-1.11.5.0.apk

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  • Ardor – v2.0.3e for Testnet

Jean-Luc, Nxt and Ardor lead core developer and member of Jelurida, has released the last version of the Ardor testnet – v2.0.3.e. This version brings improvements such as how unconfirmed transactions are processed and in the Coin Exchange UI. Additionally, Jetty has been updated to version 9.3.17. As with the previous versions, the source code isn’t provided.

You can download the NRS update straight from your current Nxt client or from Bitbucket. Always make sure that the given SHA256 signature is exactly the same as the hash of that file.

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-3e/

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  • Ardor Public Repository Migration

Jean-Luc has announced that Jelurida, the corporation founded by the core developers of Nxt and Ardor, is changing the location of the official public Ardor repository. The new address is https://bitbucket.org/Jelurida/ardor/downloads/

The Ardor packages uploaded to the Jelurida repository will be signed with the official Jelurida software releases signing key, 0xC654D7FCFF18FD55, already used for signing the Private Blockchain Evaluation Kit packages.
The latest release 2.0.3e has already been uploaded to the new location.
In a few days, the old repository will be deleted, with a notice directing users to the new one.

Please update any hardcoded website links.

Source: https://nxtforum.org/nrs-releases/ardor-public-repository-migration/

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NXT IN THE MEDIA

  • Nxt Foundation – In the Media

The Nxt Foundation has created a new section on its website that makes it possible to see the appearances of the Nxt Foundation in the media with direct coverage, article assistance, quote contributions, interviews, or even full articles as contributors.

After many years of hard work, Nxter.org is playing a prominent role here, since it’s the informational media that provides more coverage of Nxt, Ardor, the Nxt Foundation and the whole ecosystem around it, than any other organization.

If you would like to collaborate with the Nxt Foundation, please reach out to us at [email protected]

Source: https://www.nxtfoundation.io/in-the-media-nxt-foundation/

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PRICE EVOLUTION

  • TradingView – NXT Very Long!

TradingView is an advanced financial visualization platform that is easy and intuitive to use, with many users around the world making use of it. The service provides all the charting tools you need to share and view your trading strategies.

Recently, a technical analysis of the NXT price has been carried out by Altcoinanalytics. This user has given a personal impression of the path NXT’s price is going to follow.

We will see great movements “UP” on the NXT … chart in the next few weeks, be excited and don’t miss the train again!

We’d like to point out that we are just echoing the opinion of an analyst because it’s referring to NXT. However, that doesn’t mean that Nxter approves nor disapproves this opinion. Investors are always responsible for doing the proper research and analyzing the risks when investing in volatile markets such as cryptocurrencies.

Source: https://www.tradingview.com/chart/NXTBTC/2Qy6y4Rl-NXT-very-LONG/

(Back to the Index)

 

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt news – March 2017 (IV): There is Nothing Like a Dream to Create the Future

March 2017 (IV)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Gartner – Blockchain: How Real is the Market?

Gartner is one of the world’s leading information technology research and advisory company oriented towards businesses. It operates in more than 90 countries and has about 9,000 associates who assist thousands of companies around the world.

Recently, Gartner hosted a special webinar by Rajesh Kandaswamy, Research Director of Gartner, which analyzes some facts and trends of blockchain technology, starting with a brief explanation about how a blockchain works, then moving on to it’s evolution, how blockchain activity can benefit most industries, and the large capatalization that this technology is achieving.

Rajesh reminds us that this technology has a lot of potential, but hasn’t matured yet. There are also many notions about blockchain that aren’t true, either because they are just plain myths or because they haven’t been developed yet. Moreover, the ecosystem is still a little blurry, with many different platforms solving different problems, as is the case with Nxt, which is included in this report which can be considered to the detriment of other blockchain platforms that the crypto market considers more appealing.

Source and more information: https://www.gartner.com/webinar/3607520/player?commId=246997&channelId=5500&srcId=1-3478922244 (registration required)

(Back to the Index)

 

  • Nxtchat – Now Connected to the Slack Shared Network

Last February, Coinbar launched a joint project to increase communication, awareness, and education among different crypto platforms, as well as the promotion and expansion of the user-base of each project.

That’s the reason why they decided to connect the chats of all of these projects on Slack in a single unified channel called #slack-shared-network.

Nxt and Ardor have recently joined this SSN, where other projects where already integrated, such as Aurovine/AudioCoin, Coinbar & Coinbar Plus, Synergy, SaluS, BlockPool, Project Radón, Bitswift, BlackCoin, SuperNET, LBRY, Silk Network, VertCoin, ZCoin, Intellisys, Rubies…

This way, users can now start a friendly discussion with other crypto communities and share ideas and solutions with them.

Source and more information: http://slacksharednetwork.com/

https://bitcointalk.org/index.php?topic=1357996.0

Channel #slack-shared-network on Slack (link to join Nxtchat on Slack)

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  • Betterbets – Huge Amount of NXT Wagered in This Platform

Betterbets.io, launched by members of the Janus team, is one of the most popular casinos with the highest volume among provably fair and secure bitcoin gambling sites. It’s also where you can use NXT to place your bets. Stats since the integration of NXT have been recently shared with the community.

Bjorn states:

Since January 21st stats on NXT use for betting on betterbets.io Total Bets: 23,436,483   Wagered: 128,010,206 NXT
Considering it was a gamble to add NXT as it’s not usually something a business showcases for gambling these statistics are very good and higher than I’d anticipated. Very cool, I haven’t checked this for over 3 weeks it’s solid

Travin Keith, board member of the Nxt Foundation, also points down:

1/8th of the entire NXT supply wagered on Betterbets!

The Janus ICO is still going on and 90% of the profits coming from NXT betting at Betterbets will be given away to the holders of the Janus token. The team, according to the predefined strategy, will raise the price every three months, thus benefiting early investors while giving the opportunity to current doubters to join later, though at a higher price, when more news comes. You can buy your JNS assets on Nxt’s Asset Exchange. Moreover, at the beginning of every month, (though on the 28th of March this time for April) dividends are given away among owners of the JNS asset.

Source and more information: https://nxtchat.slack.com/archives/C302TRJAV/p1490456099318618

#janusproject (Link to join Nxtchat on Slack)

https://nxtforum.org/the-janus-project/janus-(jns)-blockchain-secured-global-business

https://janustoken.com

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DEVELOPMENT

  • Ardor Testnet – Live Demo

Zuqka, a member of the Nxt community and booster of the solar forging device for Nxt, has been assisted by Vanbreuk to launch the public a live demo of the Ardor Testnet. This way, anyone who wants to try out the functionalities of Ardor without having to download or needing to configure the client, as well as without having to wait to the launching of the Ardor main net, expected to happen in the third quarter of 2017.

You no longer have an excuse! You just have to type the following address on your web browser https://demo.ardorplatform.org/index.html and create a new account to start experiencing the future Ardor platform.

Click on the image to open Ardor’s Live Demo

Keep in mind that this is an experimental version that runs on testnet, so, for security reasons, you shouldn’t use your Nxt account and passphrase to try it out.

If you want to make one more step,  you can download and launch locally your own Ardor wallet for the testnet. You only need to download the latest version of Ardor for the testnet and ask for some Ardor and Ignis tokens for the testnet in this thread.

More information: https://bitbucket.org/JeanLucPicard/ardor/downloads/

https://www.ardorplatform.org

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  • Ardor – Latest Features

In addition to the already-known features that were introduced, Ardor will also bring some improvements to make it easier to set up nodes, thus strengthening the network.

Lior Yaffe, Nxt and Ardor core developer and member of Jelurida, states:

There will be no hallmarks in Ardor. Hallmark while being an innovative feature 3 years ago did not prove itself as adding protection to the network and its awkward design made it difficult to refactor the peer communication. In Ardor we are launching completely new and much more efficient peer communication network developed by ScripterRon which will render hallmarks obsolete.

In Ardor all nodes will have same trust level. Same as any other blockchain.

In nxt 1.x we do not observe significant security increase when using hallmark nodes, my understanding is that large stake holders don’t want to hallmark their nodes in order not to reveal their online identity. This defeats the purpose of hallmarking.
Node owners that do hallmark their nodes attract larger traffic which just adds to centralization not to security.

When asked whether these changes could somehow mean an increase of uncertainty for those who set up a node for the first time, Lior answered:

Hallmarks does not offer protection against this, anyone can set a hallmark. The blockchain download is always performed from several nodes in parallel so one malicious node will be identified and black listed.

Light and roaming client are in danger of connecting to a remote malicious nodes. This is not a concern with submitting transactions since they are signed and validated locally but it is a concern in a case a malicious node feeds the client with false data. To mitigate this we implemented the client status icon and hallmarks doesn’t help against this anyway.

In addition to the foregoing of hallmark nodes, Lior has also clarified what will happen to the current ARDR assets on Nxt, once the Ardor blockchain is launched:

When launching the Ardor mainnet with balances based on the NXT Ardor asset, we’ll have to make the Ardor asset disappear from NXT so that users are not confused or scammed to continue trading it as NXT asset. This would be another hard fork for NXT.

Source: https://nxtchat.slack.com/archives/C0JR86S2U/p1490426564755718

https://nxtchat.slack.com/archives/C0JR86S2U/p1490432439923612

https://nxtchat.slack.com/archives/C0JR86S2U/p1490439678136943

https://nxtchat.slack.com/archives/C0XP71MBL/p1490426352863259

Link to join Nxtchat on Slack

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NXT IN THE MEDIA

  • NxtFolks – NXT, Ardor, Wallets, Asset… Lets Clarify

TheWireMaster, an active member of the Nxt community, recently published an article on the NxtFolks platform with some comments and clarifications about Nxt and Ardor, in order to make things easier for newcomers.

As explained in the text, there currently isn’t an Ardor client for the main net – it’s just available on testnet. The only wallet that runs on the main net at the moment is the Nxt wallet.

The final launch of Ardor’s network will take place in the third quarter of this year. Until then, it will only run on test net. In the meantime, you can buy/sell the ARDR asset on the Nxt Asset Exchange, just like any other asset. When Ardor is released, you’ll be able to use the passphrase you currently use to log into your Nxt account to log to your Ardor account, where your Ardor tokens will have been credited according to the amount of ARDR assets you hold in your Nxt account.

Furthermore,the article also mentions that the ARDR token will be erased from Nxt once Ardor is launched, by means of a hardfork, as we’ve already mentioned earlier in this newsletter

TheWireMaster also launched a special promotion for those of you who may be interested in signing up at NxtFolks:

Just to remind you that if you subscribe to nxtfolks.com and add you NXT address you get 10000 Folks (MS)…

Source: https://nxtfolks.com/2017/03/25/nxt-ardor-wallets-asset-lets-clarify

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  • NewsBTC TV – NXT Blockchain Application Platform

The blockchain news platform NewsBTC, founded in October 2013, publishes useful news, interviews, and other bits of information related to the most popular cryptocurrencies.

In the second episode of NewsBTC TV, they focused on the Nxt blockchain. This time, Bas Wisselink, advisory board member of the Nxt Foundation, and Co-Founder of Blockchain Workspace, appears in an interview where he gets the opportunity to show the working space that the Foundation has at A Lab Amsterdam, Lab.208. Bas also makes a brief introduction explaining how Nxt works, its origins, its functionalities, some differences with other platforms, etc.

Source and more information: https:[email protected]/nxt-blockchain-application-platform

Nxt Foundation’s working space in Amsterdam

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  • Coinidol.com – IMO As an Expert: Bas Wisselink

Coin Idol asked Bas Wisselink, advisory board member of the Nxt Foundation and member of Blockchain Workspace, for his opinion as an expert in blockchain concerning a dispute between another platform and Coinidol.

Beyond the central topic of the article, older Nxters may fell some nostalgia when remembering some landmarks in the history of Nxt, which are included in Bas’ explanation, which can help us visualize the exemplary behavior of the members and developers of the Nxt community when they faced adversities, and how they’ve managed to emerge stronger from them:

Bas Wisselink: …we were the first non-bitcoin platform that allowed people to issue Assets. So we had our shares of weird propositions that still managed to scam a lot of money out of people and we as a community were continuously forced to think about how to handle them (and whether we should do something in the first place).

We also had our mini-version of the DAO debacle, when an exchange was robbed of 5% of the complete supply of Nxt tokens. To roll back, or not to roll back? Our community decided overwhelmingly not to, and instead we helped the exchange to do negotiate a rebuy from the actual robber. The exchange, who had very vocally (and understandably!) was for a rollback, took this option and bought back what they had lost.

(Bas) represented NXT … and assisted in negotiating the return of 45 million stolen NXT’s from the BTER exchange alongside Lawyer-of-NXT, DomP, and Amadeus.

Source: https://coinidol.com/bas-wisselink-we-should-treat-razormind-like-gemcoin-scammers/

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  • LaVoieDuBitcoin.info – Snapshots and Metaphors of a Decentralized Dream

Jacques Favier, the person in charge of La Voie Du Bitcoin, is also the owner of one of the copies of the collectors edition of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions”. Now, after reading the book, he is making his personal opinion about it public on their blog.

Jacques, known for being an articulated writer with an elaborate rhetoric, has analyzed the book, which includes the most relevant events related to this platform that have taken place over the past 3 years: the ICO process carried out by BCNext, the anonymous creator of Nxt, the disruptive features of the platform, the decentralized community, the BTER hack, the Nxt Foundation… and many other aspects, all until reaching the Ardor chapter.

Some interesting quotes that we can find in the blog (in French) are:

The book shows a kaleidoscopic version of the Nxt ecosystem…

A good portion of the book can be read as a type of political manifesto about decentralizacion….

Nxt is presented as a revolutionary tool for businesses, in a business world where the word blokchain became fashionable but was still devoid of content…

When you read the anecdotes included in this book, is surprising to see that just a few wise bankers use Nxt instead of Bitcoin…

Remember that you can buy a copy of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions” at the Nxter.org shop. You can also choose to download the digital edition for your electronic devices, or a paper edition, thanks to the Print-On-Demand service by Lulu.

Source and more information: http://blog.lavoiedubitcoin.info/post/NXT

Buy Snapshot at Nxter.org

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price changes on Poloniex over this past week:The following graphic shows the ARDR / Bitcoin exchange price changes on Poloniex over this past week:

(Back to the Index)

Nxt News – March 2017 (III): Alone We Can Do So Little; Together We Can Do So Much

 

March 2017 (III)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – Supporter Program

Travin Keith has announced the launch of the Nxt Foundation Supporter Program. The final objective is to raise enough funds to allow the Foundation perform its operations well, as well as to strengthen the bonds of the community.

There are several forms of support included in this program, each of them with different benefits and rates. In every case, you can make your contribution with EUR, NXT, ARDR or BTC:

  • Organizational Supporters – This category is targeted towards large businesses and organizations that wish to support the Nxt Foundation. The benefactor, who will donate €2500 every year, will be publicly acknowledged as a Nxt Foundation Organizational Supporter on the Nxt Foundation website with a dedicated page to the organization, as well as many other benefits.
  • Annual Supporter This category is for both community members and projects that wish to support the Nxt Foundation in its activities. It’s subdivided into two tiers, depending on the donation level, which will bring benefits such as the appearance of the name or username on the Supporter Page, a personalized @nxtcommunity.io email or @ardorcommunity.io email, link to a personal/project website, and a few other benefits.

Travin Keith states:

If you would like to be a supporter, please send me a private message on nxtforum, on Slack, or to [email protected], with your desired amount to contribute, your preferred method, and other relevant details to your desired tier

Janus and Sigwo Technologies have been the very first ones to give support to the Foundation through the Organizational Supporters plan mentioned above.

This piece of news adheres to the Nxt Foundation Marketing Strategy, which was mentioned in our previous newsletter.

Source and more information: nxtforum.org/news-and-announcements/nxt-foundation-supporter-program/

https://www.nxtfoundation.io/supporters

www.nxtfoundation.io/wp-content/uploads/2017/03/Nxt-Foundation-Marketing-Strategy-2017.pdf

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  • Tipper – The Service Will Be Shut Down on the 1st of April

Daniel, aka NxtSwe, is an active member of the Nxt community, with which he was always willing to help and participate in its discussions. His aptitude as a developer are evident in many open source contributions to the Nxt ecosystem, such as the NxtLib library, the Tipper bot for Slack, some plugins for Nxt, (Asset Feeds or Plugin Dividend, for example) as well as a lot of valuable inputs and technical feedback, all while always keeping a constructive and kind tone.

Daniel has announced that, for personal reasons, he is forced to close down all these services that the has offered to the community which he was sustaining by himself:

Important
I will be shutting down tipper service on april 1st.
I am very sorry for this, but I urge everyone to withdraw their funds from tipper until then using the withdraw command, for example:
_”withdraw NXT-YOUR-PERSONAL-NXT-ADDRESS 100 NXT”_
If you have assets, withdraw them first so you have enough to cover the transaction fees.
Again, I am very sorry for this.

NxtSwe, displaying once more his exceptional personality, warned users in advance of the closing of this service so that not a single nxter is adversely affected by this decision. The source code of the app will remain freely available at Github for anyone who wants to keep benefiting from NxtSwe’s contributions.

From Nxter, on behalf of the whole Nxt community, we’d like to thank you very much, Daniel. Thank you for being a part of Nxt’s history!

Source: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/msg230674/?topicseen#msg230674

https://nxtforum.org/index.php?topic=8191.msg230614#msg230614

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  • Intel & The Floor – International Banking Blockchain Hackaton

In our previous newsletter, we mentioned that Lior Yaffe, Nxt and Ardor core developer and a member of Jelurida, announced his participation in the International Banking Blockchain Hackathon that will take place in Tel-Aviv on the 29th and 30th of March, 2017.

Lior is especially excited with this hackathon and recently stated:

I’m assembling an NXT dream team for this event. I spoke with the organizer today and they welcome Jelurida/NXT/Ardor solutions. They are looking for a team of 5-6 people not necessarily all technical. Great opportunity to promote NXT.  First prize is 5K$ paid in BTC. If someone wants to join me in Tel Aviv for this event I can help with travel arrangement and show you around before or after the event.

There are less than 10 days left before the event, so, if you are willing to be a part of this dream team and help promote Nxt for 36 hours during this hackathon, all while you learn new insights and forge new bonds in this field, don’t hesitate to contact Lior.

Source and more information: www.eventbrite.com

nxtchat.slack.com/archives/developers/p1489394716463016 (link to join Nxtchat on Slack)

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  • What’s The Best… – ARDR Listed

Whatis, originally a comprehensive knowledge base launched in 2008, has shifted its focus entirely to insights that help people understand the concepts of cryptocurrency.

“Whatis” will enlighten you about various aspects of best cryptocoins to invest in, it will describe how to get coins into your wallets, how to create your own coins, how to trade various assets and many, many of HowTos that may change our whole life.

Recently, ARDR has been added to this database, just like Nxt, which was added some time ago. Here, we can find a basic description of Ardor’s features, such as the creation of child chains, transaction pruning to avoid blockchain bloat, as well as a few other details such as the way the ARDR distribution took place, when IGNIS will be released, etc.

Source: http://whatis.wikidot.com/ardor

http://whatis.wikidot.com/nxt

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  • Alt19 Index – ARDR and NXT Listed

NXT and ARDR have been included on the Alt19 website, the oldest altcoin market index, where you can see the volume, capitalization, and exchange prices of altcoins, plus many other interesting data related to buying and selling coins and assets.

The detailed information provided by this site will come in handy for those traders who intend to make as much profit as possible when trading altcoins. Moreover, you can download the data from this website in CSV format, so that you can use it to draw your own graphs and perform your own technical analysis.

Source: https://bitcointalk.org/index.php?topic=587007.msg18156307#msg18156307

https://bitcointalk.org/index.php?topic=1518497.msg18156596#msg18156596

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DEVELOPMENT

  • Chocolatey.org – Nxt Repository for Windows (Unofficial)

Chocolatey is a package manager for Windows. It was designed to be a decentralized framework for quickly installing applications and tools that you may need.

Chocolatey packages encapsulate everything required to manage a particular piece of software into one deployment artifact by wrapping installers, executables, zips, and scripts, all into a compiled package file.

Chocolatey.org is a feed of packages provided and maintained by the community.

One of the latest available packages is NRS version 1.1.14.

To install the Nxt Client, run the following command from the command line or from PowerShell:

C:\> choco install nxt

To upgrade Nxt Client, run the following command from the command line or from PowerShell:

C:\> choco upgrade nxt

Chocolatey is a practical an easy way to install Nxt in a Windows system for users who want to keep it simple. However, keep in mind that this isn’t the original NRS software provided by the Nxt core developers, but rather an amplified project that another user has created by themselves to make it easier to install. By using Chocolatey, we are forced to trust the good intentions of the package creator so, in the end, we are run into a level of risk when installing software using chocolatey, one that must be taken into consideration when dealing with a sensitive software such as your Nxt wallet where you keep your money.

The only way to be completely sure that our Nxt wallet hasn’t been maliciously altered at all is by downloading the latest release from the official thread for new versions of the NRS at Nxtforum, or use the update function inside the Nxt client itself. Once downloaded, you must check that the sha256 hash is the same that Jean-Luc, Nxt core developer, announced on that thread.

Source and more information: https://chocolatey.org/packages/nxt/1.11.4

github.com/dtgm/chocolatey-packages/tree/master/automatic/nxt/

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NXT IN THE MEDIA

  • Hyperledger Blog – Blockchains for Business: Why Decentralization is Still a Factor

This article by Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, recently published an article on Hyperledger’s blog, which details some of the benefits that blockchain’s decentralized technology, such as the one with Nxt, can bring to business and organizations:

  •  Security: …there is always a high level of availability for the data. So, even if a large number of nodes fail or are shut down by an attack, the data is still available for people to access
  • Distributed Processing: …the system can also continue to process additional data and add more blocks into the blockchain… the system can continue operating as long as there are active nodes in the system…
  • Partnerships and Consortiums: …trust is not needed in terms of processing data as well as storing it… Verifying that one has the same information that another party has is relatively easy to do…

Hyperledger

Source: https://www.hyperledger.org/blog/2017/03/15/blockchains-for-business-why-decentralization-is-still-a-factor

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  • Core Media – Sigwo Technologies: Blockchain as a Service Platform

This article by Kanoptx published on the Core Media magazine, mentions the launch of Jupiter eSyslog, the private blockchain platform based on Nxt, managed by Sigwo Technologies.

The Jupiter eSyslog platform is based on the NXT world leading blockchain technology developed by Jelurida B.V. the company behind the NXT and Ardor blockchain technology.

This new platform intends to be a boundless way to ensure that the server logs are securely stored in recoverable, encrypted, and immutable databases, all with the highest grade of security so that the logs are always available. All the data is massively replicated across dozens of nodes, which makes Jupiter very resilient against attacks, even insider attacks.

Lior Yaffe, Nxt core developer and co-founder of Jelurida B.V., says:

The un-matched reliability, security and scalability provided by the NXT blockchain provides the Jupiter eSyslog platform the necessary tools to provide a world leading blockchain as service platform. We are delighted to work together with Sigwo Technologies to make eSyslog a de-facto standard in storage and maintenance of system log information.

Source and more information: http://coremedia.info/blockchain-news/item/718-sigwo-technologies-blockchain-as-service-platform

Nxt Newsletter

https://blog.darcr.us

https://sigwo.com

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  • Nxt Folks – Value of Blockchain Technology is Exponentially Growing in the Past Months

In this article at NxtFolks, The Wire Master goes over how BTC has managed to keep its price high, even after the SEC voted against the Winklevoss Bitcoin Trust ETF. However, after the result of this vote, it seems as though a considerable amount of money is moving from BTC towards some other cryptos, which is a clear sign that blockchain technology still arouses interest and people will continue to trust this tech despite the rejection.

The price of Dash, ETH, and Monero have risen significantly due to this movement of capital, although it’s worth noting that the price of NXT has experienced the same, though to a lower degree, as well. There is a tense situation in the BTC community at the moment, which looks to be there for some time, so it would be no surprise if this trend keeps up.

Maybe is the right timing for the Ardor launching, which will take place in the third quarter of 2017…

Source: https://nxtfolks.com/2017/03/15/value-of-blockchain-technology-is-exponentially-growing-in-the-last-months

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  • BLK Chain – Blockchain and Trust in Online Advertising

This article in French by Baptiste Lac, published on the BLKchain, speaks about some challenges and difficulties that the online advertising industry is facing and how blockchain technology could help to overcome these challenges. It’s expected that advertisers will demand more and more transparency in the contracts signed with advertising agencies. Here is where using smart contracts or Smart Transactions, which Nxt has built in its core, together with the use of assets, seems to be the right solution for this problem.

Smart Transactions will ensure that the rules signed regarding the visibility of ads are fulfilled, allowing businesses to make precise measurements to better evaluate the efficacy of the advertising campaign. According to the author, it’s also possible to carry out complete monitoring and audit of the views through analyzing the metadata associated with the received token.

Source and more information: http://blkchain.fr/blockchain-confiance-industrie-epub

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price changes on Poloniex over this past week:The following graphic shows the ARDR / Bitcoin exchange price changes on Poloniex over this past week:

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Nxt news – March 2017 (II): My Tastes are Simple: I’m Easily Satisfied with the Best

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (II)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – 2017 Marketing Strategy

The Nxt Foundation published a document with the general guidelines of its marketing strategy for 2017. The Foundation was created in 2014 to be a contact point for business and organizations and to link them with the decentralized open source of Nxt. Moreover, it has taken on some additional task such as community building and support, marketing, public relations, and education. Unlike what has happened with the other coins, BCNext, the anonymous creator of the platform, didn’t seek to make a killing with the ICO, but did so primarily for the token distribution of this PoS cryptoplatform. Because of the lack of resources after its creation, a lot of work done by the wider community was done voluntarily or by bounties set up by other community members. That’s the reason why assistance and participation from the community is still needed in order for Nxt and Ardor to truly flourish, hence the publication of this document.

As open source decentralized projects, Nxt and Ardor can only thrive when there is a community behind them. The Foundation will thus dedicate the necessary resources to support the existing community as well as to make it easier for new members to join the community

It has to be noted that this document isn’t mandatory, but rather intends to serve as a guide should members of the community wish to keep their efforts in sync with that of the Foundation.

Source and more information: https://www.nxtfoundation.io/wp-content/uploads/2017/03/Nxt-Foundation-Marketing-Strategy-2017.pdf

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  • CRYPT070 #6 – Blockchain Meetup Where Nxt and Ardor will be Present

The 6th CRYPT070 blockchain meetup will be held on the 23rd of March at The Hague. Nxt will be present at the event at 20:00 when Robert Reinder Nederhoed will introduce the future Ardor platform with his presentation titled “Colored Coins: What are the differences? What are the similarities? What are the perspectives?”

It should be noted that one of the first real implementations of the coloured coin concept was the Nxt Asset  Exchange. Nxt was designed and built to leverage this coloured coins idea. Nxt coins can be designated (‘coloured’) to represent other crypto coins, stocks/bonds, property, commodities, or even ideas. As a result, the Nxt network can be used to trade almost anything.

Source and more information: www.meetup.com/nl-NL/Bitcoin-The-Hague/events/237635620/?eventId=237635620

Nxt Core – Asset Exchange

https://nxtwiki.org/wiki/Asset_Exchange

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  • CoinsHost –  NXT Accepted To Pay For Your VPS

If you are interested in launching your own virtual server to run your own Nxt node (or your own Ardor node for testnet) you can now pay using NXT thanks to CoinsHost, a company created by a group of professionals and cryptocurrency enthusiasts who focus on DDoS protection and secure hosting services.

We have developed a powerful proprietary DDoS mitigation solution that is capable of mitigating massive and sophisticated attacks, leaving a targeted website or service unaffected.

CoinsHost designed its infrastructure with redundancy in mind – enterprise-class Supermicro® and Cisco® hardware, multiple TIER-1 upstream providers, dual power source with UPS, diesel generators and automatic switchover, multilayer IP packet filtering solution allow us to provide unmatched DDoS protected hosting with highest availability at a very reasonable price. We treat decentralized currencies based on encryption as completely legit payment methods and encourage our clients to pay with them. Besides Bitcoin, Litecoin and Nextcoin P2P currencies, we accept a wide range of other payment methods…

You can choose among many different sizes of servers, with Linux or Windows as your operating system. Since Nxt is a PoS coin, it doesn’t require powerful servers to run, thus the most simple and cheap server offered by this company is more than enough to create your Nxt or Ardor node (or even both simultaneously) and start forging. Set up your node and start collaborating with the Nxt network by forging blocks and you’ll also be entitled to participate in Megalodon’s campaign to earn even more NXT!

Source and more information: coinshost.com/en/vps

https://nxtforum.org/services/coinshost-swiss-web-hosting-and-ddos-protection-accepting-nxt

Megalodon’s campaign

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DEVELOPMENT

  • Private Blockchain Evaluation Kit v1.11.4

Riker, Nxt and Ardor core developer and member of Jelurida, made a post on Nxtforum announcing the release of the first version of the software to evaluate the operation of private blockchains, which a modified version of Nxt 1.11.4. Using the “Private Blockchain Evaluation Kit”, users will now be able to rapidly prototype, develop, and test Nxt-based applications on a private, local testnet, without having to join the public testnet or the production blockchain.

Lior Yaffe says:

We expect this evaluation release to be useful for the following purposes:
1. Application developers who plan to eventually deploy their application to public Nxt blockchain.
2. Businesses evaluating the suitability of the Nxt platform for their own private blockchain use case.
3. Academic research and experimentation with proof of stake blockchain technology.
4. Users who want to learn how the Nxt blockchain works, without having to purchase NXT or ask for testnet coins.

Any company can use this to setup a private network, the limitation of this kit, is that the Genesis account with a well known passphrase can submit transactions. We believe that this by itself prevents the usage of this private blockchain for production and that whomever wants to use it for production will need to license a fully functional version from Jelurida.

Jean-Luc, member of Jelurida, also notes:

The license doesn’t allow production use

In the “Nxt in the Media” section of this magazine, we also mention other news platforms that have covered this launch.

Source: nxtforum.org/nrs-releases/private-blockchain-evaluation-kit-v1-11-4/

https://nxtchat.slack.com/archives/developers/p1489138957121368 (link to join Nxtchat on Slack)

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  • Ardor – v2.0.2e For the Testnet

On the 11th of March, Jean-Luc, Nxt and Ardor lead core developer and member of Jelurida, released the last version of Ardor for the tesnet v2.0.2, and it’s a mandatory update due to its incompatible changes.

This release introduces an incompatible networking change in bundler rates propagation and is therefore a mandatory update for all Ardor testnet nodes.

This version brings some improvements in bundler rate handling and APIs. Among theses changes include: the Bundler rates changed to being broadcasted every 30 min instead of an hour, the added Bundle action for child chain transactions in the UI, some bug fixes, and many more (see the full changelog here)

  • Mac Installer

This new version also includes a full installer for Mac devices, which wasn’t available in previous releases. You can download it from https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-installer-2.0.2e.dmg

If you’re interested, you can ask for testnet tokens here.

Source and more information: nxtforum.org/nrs-releases/ardor-v2-0-2e/

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NXT IN THE MEDIA

  • The Merkle – Top 5 Cryptocurrencies That Can’t be Mined

Most people involved in the cryptocurrency ecosystem are aware of the Proof of Work algorithm that Bitcoin uses. People often talk about the big mining farms with plenty of powerful computers that waste an incredible amount of energy and other resources, as they need to compete against each other in a race to generate the next block in the Bitcoin blockchain. This can lead to a certain level centralization in the hands of miners.

, writer of this article for The Merkle, goes over this issue and enumerates some coins that can’t be mined, i.e. ones that don’t use Proof of Work to run. Nxt is listed among them since it is the first 100% Proof of Stake cryptoplatform:

NXT is a popular altcoin that cannot be mined in the traditional sense. It is possible for users to forge new coins, but it doesn’t require dedicated hardware to do so. Instead, users need to leave their wallet open – assuming it contains a balance – and they will earn small amounts of interest in the process. NXT runs a proof-of-stake algorithm, which makes mining in the traditional way obsolete.

Source: themerkle.com/top-5-cryptocurrencies-that-cant-be-mined/

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  • Fintech Finance – Nxt Development Team Releases Private Blockchain Evaluation Kit

Fintech.Finance wrote about the launch of the Private Blockchain Evaluation Kit by Jelurida BV to make it possible for people to perform private and local tests of private blockchains based on Nxt, which will allow developers to test their apps in a secure and safe environment, as we have previously mentioned in this same newsletter.Lior Yaffe, member of Jelurida, states in the article:

The Nxt Private Blockchain Evaluation Kit we have designed creates a safe, ready-made environment for businesses and developers to test how Nxt can be applied to their needs. It provides a comprehensive kit to answer any questions potential users might have regarding the efficacy of Nxt Blockchain technology.

Source: www.fintech.finance/01-news/nxt-development-team-releases-private-blockchain-evaluation-kit/

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  • Payments Compliance – Singapore Readies Blockchain Trial Cross Border Payments

This article by Jimmy Nicholls at Payments Compliance explains how the Monetary Authority of Singapore (MAS), with the support of big banks such as HSBC, JP Morgan, and other financial groups, are ready to begin testing whether cross-border payments could be carried out using distributed ledger technology, following a successful pilot for carrying out interbank payments which will work together with the country’s electronic payment system, thus becoming a concrete use case for the distributed ledger technology.

The text reveals some details about the procedure and also offers some opinions from relevant people in the blockchain environment, such as Travin Keith, a board member of the Nxt Foundation:

…both banks and consumers could gain from lower costs associated with the project. While the banks themselves will definitely benefit due to the lower costs of transferring funds from one bank to the other, these savings could be passed on to their customers as well… The distributed ledger technology industry as a whole will benefit given the initial steps of the adoption of the technology not requiring an overhaul of the current system.

I think other jurisdictions with a similar infrastructure in place can adopt systems like these especially given Singapore’s overall positive reputation in banking.

Source: paymentscompliance.com/premium-content/insights_analysis/singapore-readies-blockchain-trial-cross-border-payments (Login Required)

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  • First Report Economic News – Nxt Foundation Leads the Way with Blockchain Technology

Matt Cesare and Andrew Stiles wrote this article at First Report Economics where they go over the role and objectives of the Nxt Foundation. The text explains how blockchain technology has a great future ahead because of the great versatility and security it brings to the world of finance.

Instead of transferring information linearly from base A to base B to base C, information is updated through all parts of the chain.

An example may clarify this: when sending a legal document via email, the receiver must sign that document, save the changes, and then send back the new version of the document. In contrast, blockchain technology is more similar to editing a document on Google’s live document editing tool; editors can change the document simultaneously, and all changes are updated and saved real-time, all while the record of the changes are kept.

Blockchain allows everybody involved in a transaction to see what is happening with the transaction when it is happening. There are no delays and no uncertainties.

The article also mentions some of the third party projects that benefit from Nxt technology, such as Janus, Digital Billions, SuperNET, and others.

The Nxt Foundation is the primary point of contact for companies who intend to build something on Nxt. It’s composed by well-known members among the blockchain industry, such as Damelon, founder of the Nxt Foundation, who has recently become an advisor of the Internet of Coins board, and Travin Keith, a board member of the Foundation, who is in charge of (among many other things) representing the Nxt Foundation as it collaborates with Hyperledger. Definitely a great team to achieve great results!

Source:  firstreporteconomics.com/articles/2017/3/10/nxt-foundation-leads-the-way-with-blockchain-technology

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

(Back to the Index)

Nxt News – March 2017 (I): Energy Rightly Applied and Directed will Accomplish Anything

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (I)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Intel & The Floor – International Banking Blockchain Hackaton

Lior Yaffe, a Nxt and Ardor core developer and member of Jelurida, has announced that he is going to participate in the International Blockchain Hackaton that will take place in Tel Aviv on the 29th and 30th of March, 2017.

The end goal is for each team to develop a working prototype of a banking and financial services industry solution that is based on pre-defined usages. The hackathon banking partners will provide a list of issues for which they would like to see solutions.

Who will participate?

We are inviting corporates, startup companies, University students, and independent developers.

Do I have to be a blockchain expert?

As this event is oriented to blockchain based application, background in the technology (including coding) is highly recommended.

The event will consist of 36 hours of coding with non-stop action and networking with other coders and blockchain market leaders who are willing to showcase what this technology can do.

Source and more information: https://www.eventbrite.com

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  • Janus – Second ICO Round

The second distribution of the Janus token is now live. Please refer to  Janus’ whitepaper to see what the goals of this corporation are:

Our vision is to create a software and services company which utilizes a common technology platform to rapidly implement distinctly branded projects targeting a number of carefully selected markets. We believe that this approach will allow us to decrease development costs and increase product quality which will enable us to establish successful businesses and generate substantial profits which will then be shared with the Janus token holders.

During this four month period, which will last until the 3rd of July, 2017, 10.5 millions of Janus tokens will be put on sale at a price of 3 NXT per JANUS, which is twice as expensive for the same tokens sold in the first round of the ICO. Users can buy these tokens on the Nxt Asset Exchange or through the C-cex.com exchange, where users can buy the tokens using BTC or USD. Additionally, if you are planning to become a big investor, the Janus team has some discounts for large Janus purchases. Furthermore, the asset issuer has burnt 2.5 million Janus tokens from buybacks, so the remaining assets held by asset holders have recently become more valuable.

We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly.

Price per Janus each distribution will be change every 4 months no matter what the current price it’s trading at, it will be posted 50-100% higher.

This strategy will be live starting March 4th, 2017- July 3rd, 2017 until the next distribution set for July 4th, 2017.

You can check all the details about this second ICO round at Nxter.org or on the document that the Janus team has issued for this round.

At Nxter.org, users can find a dedicated section about the Nxt Asset Exchange where you’ll be able to find the latest news, details, price evolution, and much more about AE asset. More assets will follow soon, so stay tuned!

Source and more information: Distribution 2  Distribution 1

Janus Token Distribution March 4th

Dividends – February / March

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  • Nxtforum.org – Hundreds of New Users

February has ended and it has left us 836 new users at Nxtforum.org, which makes for an average of almost 30 new registrations per day. This considerable new arrival of Nxters will require a larger effort from the community to cover all the needs and help solving any questions that newcomers may have.

This is especially important given that the features provided by the robust Nxt PoS platform is attracting more and more people both familiar with blockchain technology as well as newcomers. This is also because last month,  1,000 new users joined the forum. There are now over 9,200 registered users.

We’d like to encourage our readers to sign up and become a member of this growing community. Or, if you prefer, you can also join the Nxt community through the following platforms:

At Nxter.org, we’ll continue spreading the word as we’ve been doing since the beginning to try to help more people learn about both Nxt and Ardor, together with the full ecosystem around it. If you’re interested in giving us a hand to achieve this objective, please visit nxter.org/get-published-get-paid-nxtp

Source: nxtforum.org/index.php?action=stats

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  • Snapshot – Join our Affiliate Program

After the launch and warm welcome of Snapshot, the first book about the Nxt/Ardor platform, Nxter.org has started an affiliate program which will allow you to earn 40% (NXT, BTC or fiat) of the book sales you generate.

The procedure is very simple: create an account, get your affiliate code, and watch your account balance grow as your visitors become our customers. When a potential customer clicks on your affiliate link, the visitor’s IP  is logged and a cookie is placed in their browser for tracking purposes. Then, whenever the visitor browses our site and decides to order, it gets registered as a sale for you for your commission.

Start earning money for every sale you send our way!

If you don’t have a copy of SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions, you might also want to consider a digital version for your e-reader, which is available on all major platforms such as Amazon, iBooks, GoogleBooks, etc., in addition to Nxter.org, where you can also buy it with BTC. You can also buy it as a printed book with the Print on Demand service by Lulu.com.

More information: #Snapshot_ebook_PoD

[email protected]_org in your tweet and get on our Hall of Fame

Affiliate Program

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DEVELOPMENT

  • NRS Update – Version 1.11.4

A new version of the Nxt Reference Software has been released. The changelog includes the addition of a Node JavaScript module, a new “About” dialog, and minor User Interface and desktop application bugfixes ported from Ardor.

The mobile app (just for Android at the moment), has also been updated with this version. It has been upgraded to Apache Cordova 6.5.0 and Cordova Android tools 6.1.2. Additionally, the API peer list has been refreshed as well.You can download the NRS update straight from your current Nxt client or from Github. Always make sure that the given SHA256 signature is exactly the same as the hash of the file. You can check it using your NRS wallet, online third party services, or locally-run third party software, so that you are absolutely sure that you are receiving the original file.

Source and more information: https://nxtforum.org/nrs-releases/nrs-v1-11-4

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  • Nxtwiki.org – API Modifications Needed to Port Your Nxt Apps to Ardor

Lior Yaffe, a Nxt and Ardor core developer, has written a new page on the Nxt Wiki that will come in handy for those developers who are currently using the Nxt API and are planning to jump to Ardor in the future.
Riker says:

… I wrote this Wiki page about migrating existing applications from Nxt to Ardor

Despite the fact that the changes needed to adapt your Nxt aplication to run on Ardor aren’t traumatizing, some changes in the code have to be done to make it compatible with the latest versions. The document published by Riker is quite detailed and is broken down in multiple sections to make it easier to reference.

So, if you are developer who is thinking about migrating to Ardor, this tutorial launched many months before the main launch of Ardor  will help you prepare for it. Don’t put it off and encounter last minute problems!

Source and more information: nxtwiki.org/wiki/Nxt_to_Ardor

Ardor vs Nxt features

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NXT IN THE MEDIA

  • Forklog – Russian Farm to Issue Crypto-tokens Backed by Ducks, Geese, and Goats

This article published on Forklog.net goes over a peculiar local economy that benefits from the advantages that blockchain technology can offer. Eduard Surkov’s club farm Mashkino in Central Russia has announced its plans to issue cryptocurrency tokens backed by the farm’s products, i.e. chickens, ducks, geese, lambs, and goatlings. The Nxt blockchain is noted as one of the best to build it on since it already has implemented, at core-level, all the necessary functionalities.

Yaroslav Loginov, project’s developer, says:

…tokens are comparable to coupons entitling their holders to receive the products once they’ve grown up. The tokens also certify ownership of the products, i.e. a token holder is the owner of a particular chicken, goose, duck, lamb, or goatling, while the farmers render the service of breeding them.

10 million tokens will be created at an initial price of 1 token = 1 ruble. Loginov explains how the relationship between buyer and seller is completely legal:

• The buyer contacts the farmer to buy and receive a token.
• The farmer undertakes to breed the products by the date stipulated.
Reception of the ready products is arranged individually (at Mashkino or elsewhere). There is an option of delivery to the cities of Tver, Zelenograd, and Moscow.

Source: forklog.net/russian-farm-to-issue-crypto-tokens-backed-by-ducks-geese-and-goats

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex over this past week:The following graphic shows the ARDR / Bitcoin exchange price at Poloniex over this past week:(Back to the Index)

Nxt news – February 2017 (IV): A Mind is Like a Parachute. It Doesn’t Work if it isn’t Open

NXT NxtCoin 2. generation cryptocurrency news

February 2017 (IV)

 

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Adel – Established as an LLC

Adel’s team, the community-powered startup incubator that focuses on blockchain technology, has recently announced that it is going to create a Limited Liability Company to meet all of the legal and tax issues stemming from the Anti-Money Laundering and the Countering the Financing  of Terrorism Code (2015). As a direct consequence of setting up this complex legal structure, the start of the ICO process is going to be delayed for 2 months.

Nxter.org was one of the first media outlets to cover this piece of news in this article where Arthur Penzl gave us his opinion about this change:

To me, as potential investor, this is good news, worth a 2 months delay.
Others may disagree and can air their counter opinions in the comments field.
But, we all know it. If cryptocurrency technologies and blockchain ICO’s are to ever gain mainstream adoption, there’s no other way but to leave the grey zone behind, legally register, and comply with all regulatory and legal requirements including KYC/AML policies. I wish Adel good luck with that – many eyes will undoubtedly be on them.

Creating an LLC will further allow Adel to have the necessary legal structure to protect the brand, investors, and the whole ecosystem. The team also hopes that this step they are taking will set an example for future ICOs.

Source and more information: nxtforum.org/adel/(ann)-(adl)-adel-startup-incubator-for-blockchain-innovation/msg228060/#msg228060

bitcointalk.org/index.php?topic=1706282.0

www.adelphoi.io

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  • BlockShow Europe 2017 – Last Call for Tickets

There are just a few tickets left for the BlockShow Europe 2017, which will take place in Munich on the 6th of April this year. If you want to take part in one of the most important events in the blockchain ecosystem and meet some recognized members of the Nxt community, you should hurry up and buy your tickets before they are gone!

Remember that you can get a 20% off the price when buying your ticket by entering the promotional code NXTMUNICH.

There are only 6 tickets left with the 20% rebate for Nxt attendees and only 10 tickets left in total, according to CoinTelegraph, so do NOT hesitate if you want to attend this great event!

In our previous newsletterDave Pearce, board member of the Nxt Foundation, who is going to represent the Foundation at this event, asked for some community members to help create some promotional materials about Nxt and Ardor for distribution among the attendants or for display at the booth itself. So, now you know, if you have some time and energy to help the Nxt community, this is a good time for you to contribute some of your time.

Source and more information: nxter.org/only-few-blockshow-europe-tickets-left-get-yours-with-a-20-rebate/

Channel #ctblockshow on NxtChat on Slack (Link to join https://nxtchat.herokuapp.com )

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  • Roberto Capodieci – Speaker At the 5th Supply Chain Finance Summit

Roberto Capodieci, DeBuNe‘s CEO and partner of the Nxt Foundation, will be a speaker at the 5th Supply Chain Finance Summit in Singapore. This event is organized by the ICC Academy, which is part of the Paris International Chamber of Commerce, the biggest business organization in the world, which has 100 years of experience in supporting the growth of the private sector.

This event is one of the most important in its field and aims to have a variety of important audience members such as: financial institutions,  multilateral development banks & export credit agencies, government organizations, independent financiers, insurance brokers and underwriters, lawyers and consultants, Fintech companies, service providers, etc.

‘Trade Finance and Blockchain’ presented by Roberto Capodieci, CEO at OTDocs.com, and CTO at Digital Billions

It’s also worth noting that on the 14th of February, Roberto also gave a masterclass titled Open Blockchain Platform for Trade and Supply Chain at the 2nd Annual Supply Chain Finance and its Alternatives conference, which also took place in Singapore.

Source and more information: https://twitter.com/TheICCAcademy/status/835076474143023106

https://scfsingapore.icc.academy/

Interview with Roberto Capodieci

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DEVELOPMENT

  • Jupiter – New Blockchain Based on Nxt Technology

Steven Grove, aka Sigwo, founder of the Darcrus platform, has announced the future launch of the Jupiter platform, a new customized blockchain created with the support of Jelurida, the corporation that brings together the developers of both the Nxt and Ardor platforms. Jupiter is going to be the new private blockchain that will sustain Sigwo Technologies LLC, an ambitious project that will create a secure, decentralized, and effective system to store and encrypt your data.

This is what Steven says about Jupiter’s features and the reasons why they want to use a private blockchain based on Nxt:

I’ve been testing on NXT’s testnet for 2 months, validating my design of decentrally storing and encrypting syslog/authorization messages from my Linux servers. In my testing, I found increased fees were needed to be paid due to the complex nature and size of my messages. After consulting with the NXT Core Devs, Sigwo Technologies will be securing it’s own blockchain for building the future platform…

..The reason behind creating Jupiter is simple… Using any other blockchain would not be economically feasible. One example of my encrypted syslog application would create 29 million messages daily. In NXT terms and today’s prices, that would cost this particular business $1,238,300.00 per day to store messages..

Jelurida is the company building Jupiter and have a proposed delivery date of March 10th, 2017. In this time I will be starting plugins (dappsheets) to showcase the flexibility of Jupiter while I wait. I still test on the Nxt testnet for now. Jupiter will have non-tradable tokens that are included in software packages to create transactions and store the data on the blockchain. After a time period, tokens are recycled to the businesses to continue their use of Jupiter and it’s plugins. Data is always theirs, as simply having the passphrase will unlock all the data stored. The recycling period is akin to a subscription and support package.

Source and more information: https://blog.darcr.us/february-update-c32bb0946c48#.uzm8f9r4c

https://darcr.us/

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NXT IN THE MEDIA

  • Decentralized Revolution – Blockchain Applications That Are Not Bitcoin

The concept of colored coins in Bitcoin has been the catalyst for new crypto platforms that go beyond just money transfers. In this article published on Decentralized Revolution, Kareem Audi gives a short overview of three blockchain platforms that, in his view, have big advantages over Bitcoin, such as Nxt.

Nxt… packs powerful developer tools to create your own decentralized apps, it also has an internal marketplace, much like eBay… it has its own decentralized voting system, and it’s own decentralized storage with more features being rolled out constantly… ARDOR is just one

Source and more information: http://www.decentralizedrevolution.com/blockchain-applications-nxt-storj-steemit/

Nxt vs Ardor

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  • Adel – Why We Chose Nxt

Gabriel Dusil, co-founder of Adel, runs his own blog  where he publishes some of the latest news about the Adel ecosystem. One of the latest entries includes a reference to the 6th white paper published by the Adel team titled Maintaining Integrity, where some of the basic principles of this community-based ecosystem are described, and how it can use cryptocurrencies in a sustainable and profitable way to fund projects.

The State is the People & the People are the State

With this premise in mind, and after extensive research and evaluation, this white paper goes over the reasons why they chose Nxt and Ardor technology to support its infrastructure.

Adel decided to build on the Nxt platform – a blockchain with features that expand the functionality of pioneering cryptocurrencies such as Bitcoin. These features include Shuffling, Voting, Aliases, and Phasing. The source code for Nxt has also been publicly disclosed, optimized, and perfected using (among other techniques) the Error Propagation Method, where the investigation and awarded discovery of deliberately inserted errors serves to help audit the source code itself.

Adel will move to Ardor, the multi-chain development of Nxt, in late 2017. Like Nxt, Ardor will have features that enhance the functionality of blockchain technology, making it an ideal platform for future projects.  The Ardor child chain architecture will allow for the easy creation of a dependent blockchain that will be connected to and secured by the main Ardor blockchain. Ardor also solves scalability issues with a pruning feature so that future nodes will only download and keep transaction records on the main chain, as well as child chain transactions from the past 24 hours. However, it is still possible for child chain transactions to be kept, if so desired, with the use of an archival node that keeps all of the transaction records. This scalability is one of the ‘Holy Grails’ of cryptocurrency and blockchain development.

Nxt has already revolutionized the world of blockchain technology platforms by providing groundbreaking cryptocurrency features, as well as a powerful, modular toolset to build innovative business opportunities. All of Nxt’s functionality will be present in the Ardor platform, in addition to the advanced features (such as global scalability) that the Ardor multi-chain architecture will provide.

The Nxt platform has all the tools needed to successfully manage an asset. Moreover, Ardor lets you have your own personalized blockchain (child chain), which is secured by the Ardor decentralized network. Adel knows all these advantages, and that’s the reason why they intend to be one of the first to benefit from Ardor:

Adel will move to Ardor… Ardor will have features that enhance the functionality of blockchain technology, making it an ideal platform for future projects.  The Ardor child chain architecture will allow for the easy creation of a dependent blockchain that will be connected to and secured by the main Ardor blockchain. Ardor also solves scalability issues with a pruning feature so that future nodes will only download and keep transaction records on the main chain, as well as child chain transactions from the past 24 hours. However, it is still possible for child chain transactions to be kept, if so desired, with the use of an archival node that keeps all of the transaction records. This scalability is one of the ‘Holy Grails’ of cryptocurrency and blockchain development.

Source and more information: https://dusil.com/2017/02/17/adel-white-paper-maintaining-integrity/

www.adelphoi.io

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  • SteemIt – Exponential Data Growth Could Push Any Blockchain Into Centralization

Oaldamster, author of this article on SteemIt, strongly believes that blockchain technology will become mainstream this year. More and more events related to this technology is taking place, such as the recent blockchain hackaton organized at Groningen, where 50 teams from 11 different countries showed their projects.

Doing some mathematical calculations, the author explains that the block size problem in Bitcoin and how, in his opinion, increasing the size of the block is far from being an ideal solution. The article also talks about Nxt’s Monetary System and how easy it is to launch your own asset on this platform. The author also mentions how Ardor is going to try to solve the problem of blockchain bloat using data pruning to keep the size of the blockchain controlled.

At its current state and the exponential data growth speed it seems almost inevitable that most mainstream accepted blockchains will become more or less centralized

Ardor will be the first fully decentralized platform that will use data pruning to reduce the blockchain bloat problem, thus allowing improved scalability with the child chain infrastructure.

Source: https:[email protected][email protected]ation

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  • Crypto Compare – How To Mine Nxt

This article published at Crypto Compare goes over the resources necessary to run a Proof-of-Work blockchain system, such as: buying expensive mining equipment, extensive hardware knowledge, and hours of dedicated work and patience. The author then explains the differences with Proof-of-Stake platforms like Nxt, the first one to use this algorithm entirely.

Below, you can also find a step-by-step tutorial with images where any user can learn how to start forging Nxt by themselves.

In order to accommodate users that want to participate in the mining consensus, but don’t want to fill their house with hot and loud equipment or bet in a Cloud mining contract, we are going to show you how to mine (forge) NXT. Let’s call this a guide for miners who don’t want to get their hands dirty!

We’d also like to remind advanced users with additional skills that we also previously published a tutorial about setting up a Nxt node on a Raspberry Pi 2. In addition, Megalodon’s campaign, The Forging Bounty Lottery, is still running. So, whenever you generate a block, you won’t only receive the forging fees, but also some extra NXT coming from this campaign.

Source and more information: https://www.cryptocompare.com/mining/guides/how-to-mine-nxt/

The Forging Bounty Lottery campaign

How To: Set up a Nxt node on a Raspberry Pi 2

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  • Due – Blockchain Keeps Moving Forward as More Innovators Jump In

Miranda Marquit explains, in this blog post published at Due, some of the reasons why blockchain technology is growing in popularity and how more and more entrepreneurs are focusing their attention on blockchain projects such as Nxt.

The author goes over some of the current features of Nxt and how Ardor will add more to it to make it even easier and safer for everyone to make blockchain even more widely used:

Nxt has a… multi-step functionality built in, requiring parties to agree to certain conditions before completing transactions. That way, it’s possible to verify work before sending payment. On top of that, Ardor also allows automatic transactions, making it easier to set up recurring payments.

Source: https://due.com/blog/blockchain-keeps-moving-forward/

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt News – February 2017 (III): Knowledge Speaks but Wisdom Listens

NXT NxtCoin 2. generation cryptocurrency news
February 2017 (III)

 

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each:

 

NXT COMMUNITY

  • Nxt Foundation – Designers and Writers Wanted

As we mentioned in our previous newsletter, the Nxt Foundation will attend Blockshow Europe 2017, an event organized by CoinTelegraph that will take place in Munich in just a few weeks. It’s expected to become the most important blockchain-related event in Europe this year.

Dave Pearce, board member of the Nxt Foundation, who is going to represent the Foundation in this event, asked for some community members to help make this event a success:

I’m working on a promo item for Nxt/Ardor to go into the goody bag that each attendee will receive, but we do need a couple of banners and a flier or brochure to give away, and I’m looking for volunteers to help with creating either of these:

Banners need to be approximately 2m high by 1m wide, in a standard roll-up banner style. I’d like to have one for Nxt and one for Ardor,or maybe one for the Foundation plus one for Ardor. They need to be eye-catching and informative, but not too complex. Anyone want to help out by providing a design ? I can get the printing done in NL and take them with me to Munich, so that’s under control.
There will be a bounty for any designs that we use…

We also need a flier or brochure to give away, just to explain in very clear English exactly wtf Nxt, Ardor and the Nxt Foundation are all about. Again: eyecatching and informative, please. Any text writers who’d like to have  ago at this, get in touch. A designer would also be welcome.

So now you know, if you have some time and energy to help the Nxt community, this is the right time to do your bit.

Source and more information: https://nxtforum.org/index.php?topic=13135.msg229962#msg229962

Channel #ctblockshow on NxtChat on Slack (Link to join https://nxtchat.herokuapp.com )

Cointelegraph.com/news/as-blockshow-europe-2017-approaches-more-conference-details-are-revealed

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  • Spreading Nxt – All For One and One for All

Wolffang, an active member of the Nxt community, has made a public call asking for more help to promote the benefits of Nxt and Ardor. As you probably already know, a decentralized community like this doesn’t have a stable source of income, but rather is composed of a lot of volunteers who work tirelessly and mostly in an altruistic way not only to promote these platforms, but also to inform current users about these developments and other day-to-day matters.

Wolffang has said:

As most know Nxt and Ardor have a great community which is really helpful towards others. The Tech is also one of the best around today in crypto.
NXT and Ardor are way underrated compared to the rest of crypto projects.
Besides the great things the Nxt team is doing we can give them a help with promoting, showing and telling people about Nxt and Ardor.
It will help your own investment too.
I Hope you will help out with sharing the tweets, discuss on subjects, help people out, upvote reddit posts, maybe help in polo trollbox to let traders know the good things etcetera.
The latest news is in the #swarms channel on slack.
Twitter: @NxtCommunity @ArdorPlatform

Reddit
Reddit.com/r/nxt
Reddit.com/r/ardor
Reddit.com/r/cryptocurrency

Bitcointalk Ardor:
https://bitcointalk.org/index.php?topic=1518497.0

Bitcointalk Nxt:
https://bitcointalk.org/index.php?topic=587007.0

Trollbox:

Poloniex.com/trollbox

Also for community discussions:  nxtforum.org

At Nxter.org, we’ll continue spreading the word as we’ve been doing since the beginning, to try to make more people learn about both Nxt and Ardor platforms, together with the full ecosystem around it. If you’re interested in giving us a hand to achieve this objective, please visit https://nxter.org/get-published-get-paid-nxtp

Source: https://nxtforum.org/general-discussion/1-for-all-all-for-1

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  • Roberto Capodieci – Masterclass About Blockchain Solutions

Roberto Capodieci, CEO of Debune, among many others, offered a masterclass about “Open Blockchain Platform For Trade and Supply Chain”, this past week during the 2nd Annual Supply Chain Finance and its Alternatives in Singapore.

Roberto, who has a great knowledge of blockchain technology and the solutions it can offer, didn’t hesitate to add his personal touch and his usual sense of humour to this event, as we can see in the preview of his introductory speech that he shared with all the Nxters, before delivering it in front of his audience:

Ladies and gentlemen, welcome to this blockchain workshop.
It is gonna be a great workshop. It is gonna be absolutely fantastic.
Believe me. I know all about workshops.  It is gonna be the best workshop.
Today workshop is about blockchain based platforms for trade and supply chain…

Capodieci also didn’t lose his chance to mention Nxt in this speech:

…We use Nxt for our blockchain solutions. It is huge, it is tremendous. Very important people uses Nxt. It is so… it is terrific. You could be one of them, because I know how to make tremendous Blockchain. Chose OTDocs, and it is gonna be: “Blockchain First”. Welcome to the workshop! Let’s make Blockchain great again. With OTDocs…

Source: nxtforum.org/general-discussion/price-speculation/msg229759/#msg229759

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  • Tipper on Slack – New Functionalities

Nxtswe keeps bringing new functionalities to his tipper bot, the tipping monkey of Nxtchat on Slack. With this new update, you can now tip other users just by attaching emoticons to comments of other users on Slack.

Tipper already has a good handful of functionalities built-in and more functionalities are regularly added in. To use this functionality, start a private conversation with the bot Tipper by typing “help” to know all the characteristics and get some help using it.

Source and more information: nxtchat.slack.com/archives/general/p1486850898686487

nxtwiki.org/wiki/Tipper_Service

github.com/libertyswede/NxtTipbot

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  • Nxter.org – Hall of Fame

At nxter.org, due the positive reaction from the members of the Nxt community welcoming the first printed edition of the book “Snapshot”, the first book about the Nxt platform, and also thanks to the numerous photographs with clear evidences of happiness for getting their book which many owners have published publicly to show their little treasure (which they don’t hesitate to pose with), we’ve decided to start a new section on our website called the Hall of Fame.

Write @nxter_org in your tweet and get on our Hall of Fame

The newest addition to the Nxter Hall of Fame features the Snapshot book that has traveled (Thanks Travin Keith!) to the northernmost public library in the world, in the town called Longyearbyen in the Svalbard archipelago. In the picture, we can see the happy librarian in charge of this establishment showing us their newest acquisition. Congratulations!

Svalbard’s library already has the book about Nxt

Some other members of the Nxt communty are already present in our Hall of Fame. Click here to check it out!

If you don’t have a copy of SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions, we’d like to remind you that the book is already available in a digital version for your reader in many specialized online platforms, (Amazon, iBooks, GoogleBooks, etc, in addition to Nxter.org, where you can also buy it with BTC) or as a printed book under the Print On Demand service by Lulu.com

Moreover, if you buy the digital edition of the book from Nxter.org you’ll also receive a FREE BONUS of a code to redeem 100 NXTP assets, the pdf version of the Nxt 2nd Anniversary e-book, all together with the SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions ebook package (.mobi, .epub and .pdf)

More information: nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions/

(Back to the Index)

 

DEVELOPMENT

  • Ardor – The Public Testing is Going On

On the 11th of February, the tesnet version of Ardor was made available for the public to use. The Nxt community, one that keeps growing, has stepped forward to test the features of the new platform and to check all the functionalities, both new ones and the ones that were already in Nxt: child chains, assets (that you can use on all child chains), bundlers, aliases, data cloud, account control, monetary system, encripted messaging, shuffling, decentralized voting, phased transactions, plugins, decentralized purchasing and selling, and many others.

Ardor is only going to be in testnet for about 5-7 months until mainnet launches, which is expected to happen sometime in the third quarter of 2017. To participate in the Ardor testnet, you have to download the latest Ardor client here and ask for some tokens for the testnet here (ARDR, IGNIS) in order to start testing the new platform by yourself.

On the other hand, if you don’t have time or aren’t interested in helping with the test and just want to feel the experience of surfing through Ardor’s GUI, then you can use some of the open nodes that let you access this testnet, such as the one set up by Riker http://107.170.3.62:26876/index.html or any other node listed here and create a new account (for security reasons, never use your real Nxt account here) to explore everything that Ardor can offer you.

You can stay updated about the latest progress of the testnet by visiting the #developers channel on Nxtchat on Slack

More information: https://nxter.org/nxt-announces-ardor   https://nxter.org/ardor-testnet-is-launched/

https://nxter.org/ardor-blockchain   https://nxter.org/developers

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  • Ardor – v2.0.1e for Testnet

A new version of the Ardor testnet has been has been released. The changelog for this version includes some minor bug fixing and improvements to the client UI, as well as peer networking, and improved blockchain download. A Node JS module has also been added. This is an experimental release for testing only, so the source code is not provided with it.

You can download the NRS update straight from your current Nxt client or from Bitbucket. Always make sure that the given SHA256 signature is exactly the same as the hash of that file.

A Mac installer has also been included with this version. You you can download it here and start testing Ardor right away with your Mac computer!

Source and more information : nxtforum.org/nrs-releases/ardor-v2-0-1e/

https://nxter.org/ardor-v2-0-1e

  • Ardor Node JS Module

One of the great improvements that the latest testnet version of Ardor brings us is the addition of Node.jsan open-source, cross-platform JavaScript runtime environment for developing a diverse variety of server tools and applications, based on the ECMAScript language, capable of asynchronous I/O in event-driven programming and the V8 engine by Google.

This is what Riker, a core developer of Nxt, says about this new addition:

Earlier attempts to develop robust client API library for NXT and subsequently Ardor were faced with several challenges:
1. The API library had to send the passphrase directly to a remote node in order to sign transactions, this meant that the remote node had to be trusted, this severely limited the usability of the API library.
2. Some client libraries did implement local transaction signing but still were unable to validate unsigned bytes data returned from a random remote node thus still making it somewhat insecure to submit transactions to a random remote node.
3. Client API libraries were developed by 3rd party developers which sometimes couldn’t keep up with the protocol changes.

In order to address these problems, in release 2.0.1e we introduced for the first time a Node JS module which can be used for JavaScript application development using the Ardor platform APIs. This node JS module is now integral part of the core and in fact is just a thin layer of Node JS wrapper on top of the existing Ardor Wallet JavaScript code.

Being so this node module has several advantages:
1. The Node JS module is able to work securely against any random Ardor node
2. Transaction data submitted to a remote node is validated against the returned unsigned bytes
3. Transactions are signed locally so that the account passphrase is never submitted to a remote node
4. Message encrytption can be performed client side
5. API calls work at a higher level compared to the APIs provided by the existing test page, so that for example, complex numeric conversions and various formatting functions are alreayd implemented by the API library
6. Updates to this API library will follow the standard Ardor release process and will be maintained by core developers
To quickly get started using the node JS module, see instructions in the ./html/www/js/README file which is part of the 2.0.1e release.
The ./html/www/js/sample folder contains several code examples to get you started quickly and provide a reference implementation.

Source and more information: nxtforum.org/general-discussion/ardor-node-js-module/

https://nodejs.org/en

https://en.wikipedia.org/wiki/Node.js

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  • Docker Image – Nxt 1.11.3

Chevdor has uploaded the latest NRS in a Docker open source container using version 1.11.3

Docker is a tool that can package an application and its dependencies in a virtual container that can run on any Linux server. This helps enable flexibility and portability regarding where the application can run, whether on-premises, a public cloud, a private cloud, bare metal, etc.

As we mentioned in previous newsletters, running NRS in a Docker container can be even easier than running it “the normal way”. It’s especially useful when running Nxt on a VPS: No java required, no download, no specific configuration… In addition to this, in spite of being a type of “virtual machine”, it does not decrease performance.

Source: https://nxtforum.org/general-discussion/nxt-in-a-docker-container

https://en.wikipedia.org/wiki/Docker_(software) and https://www.docker.com

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NXT IN THE MEDIA

  • Ardor – Launched on Testnet

This week, some media outlets have covered the launch of the testnet for Ardor.

This article by Ian Allison of International Business Times and this other article published at Fintech Finance, goes over some of the new features that Ardor brings, such as:

  • A novel multiple blockchain architecture that allows users to create their own, customized subsidiary blockchains, secured by the main chain.
  • Transactions from these blockchains, known as child chains, are removed from the main transaction ledger approximately every 24 hours, though special dedicated nodes, known as archival nodes, can keep all information if so desired. This approach enables Ardor to scale up to global transaction loads.
  • Ardor solves the blockchain bloat issue with this prunable child chain infrastructure, which side chains do not solve.

Travin Keith, board member of the Nxt Foundation, has this to say about testnet:

Blockchain technology is increasingly entering the mainstream consciousness. The developers at Jelurida BV have created a platform that makes blockchain technology more accessible and delivers scalable solutions for retail and institutional participants. Its potential applications extend to a number of industries burdened with legacy issues and antiquated transaction processing systems

Antony Peyton also gives a brief overview over at Banking Technology about the launch of testnet. The text enumerates some of the new features in Ardor, which has use cases that go beyond financial transactions. The author gives emphasis in the PoS model in which both Nxt and Ardor are based on, and the benefits this model provides:

Ardor and Nxt operate on a proof-of-stake model that can handle higher transaction volumes at a fraction of the energy cost and at ten times the speed

Source: www.fintech.finance/01-news/ardor-blockchain-platform-launches-public-testing-forum/

www.ibtimes.co.uk/nxt-dev-teams-ardor-blockchain-platform-launches-public-testing-forum-1606225

www.bankingtech.com/729431/blockchain-and-bitcoin-round-up-13-february-2017/

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  • Deep Dot Web – Smart Contract Scripting (Amended)

In our previous newsletter, we talked about the research paper titled Scripting Smart Contracts for Distributed Ledger Technology which included a certain number of inaccuracies about the Nxt platform.

Fortunately, Pablo Lamela, one of the authors of the article, took the time to chat with Lior Yaffe to clarify some of these issues. Just a few days latter, Pablo announced some amendments to their research. Lior and the Nxt community were very glad and thanked the authors for their interest in clarifying all the details about Nxt.

Palas says:

We have modified the paper in https://eprint.iacr.org/2016/1156.pdf to improve the description of Nxt. Thank you @riker, for helping us solve our doubts about Nxt and Ardor. Let us know if there are any other problems with it.

Riker stated then:

Thanks Palas the paper is much more balanced now.

Source and more information: #Deep_dot_web

eprint.iacr.org/2016/1156.pdf

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

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Nxt news – February 2017 (II): The Best Way to Predict Your Future is to Create It

NXT NxtCoin 2. generation cryptocurrency news
February 2017 (II)

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about each of them:

 

NXT COMMUNITY

  • SNAPSHOT – Digital and PoD edition of the Book Now For Sale

After the successful sale of the printed collector’s edition of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions”, where 200 numbered units were sold in record time, Nxter.org has finally made this book available in digital and PoD (Print on Demand) editions. Now, anyone who’s interested in owning a piece of Nxt history can buy it. You can buy the book straight from Nxter.org or through many other popular distribution platforms.

The book is a collection of articles, which, after a short introduction to the concept of blockchain technology, looks into the history of Nxt, the world’s first 100% PoS blockchain 2.0 platform that’s oriented to both users and businesses. From its tumultuous launch in 2013, the pros and cons of its distribution model, and the anonymous inventor, BCNext, who handed over the source code to the community and gave them the responsibility to enhance the tech and ecosystem, the book takes the reader on a journey through ups and downs, features, use cases, business projects, and organizational adoption of the technology.

– A collection of articles, which, after a short introduction to the concept of blockchain technology, looks deep into Nxt.

The multi-million dollar fintech and blockchain industries have been advancing at a rapid pace over the past few years, so why is Nxt, an underfunded open source project, still the most advanced? In 228 pages, the articles found in this book tell the story of how a group of mostly anonymous people, investors, cryptographers, economists, and, certainly not least, software developers, as well as businesses, set out to change the world.

If you buy the digital edition of the book from NXTER.ORG you’ll also receive a FREE BONUS of a code to redeem 100 NXTP assets, the pdf version of the Nxt 2nd Anniversary e-book, all together with the “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions” ebook package (.mobi, .epub and .pdf)

Buy it from the Nxter Shop


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DEVELOPMENT

  • Ardor – Testnet Launched

After a few weeks completing the necessary work and sharing some of the images, on the 11th of February, Jean-Luc, Nxt and Ardor lead core developer, has finally announced the launch of Ardor’s testnet. After some previous testing done by some members of the Nxt community who were very knowledgeable about the platform, the Ardor testnet is finally ready

From this moment on, much more testing on the features that this platform offers is needed to be done before the launch of mainnet in the third quarter of this year. Thus, this period of time is not only meant to let people have a glimpse into the capabilities of Ardor, but will also let the developers make sure that the platform works properly and make the necessary minor adjustments.

This is an experimental release for testing only. Source code is not provided.

Come on and join us to test the new platform! You can download the software from Github and start experiencing Ardor right now!

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-0e/

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  • NRS Update – Version 1.11.3

This new version of the NRS has been released just one day before the launch of Ardor’s testnet. The changelog for this version includes some minor bug fixing, small changes in the way the media files are dealt with in the Data cloud, as well as updates to the Jetty version.

You can download the NRS update straight from your current Nxt client or from Github. Always make sure that the given SHA256 signature is exactly the same as the hash of that file. You can check this using your NRS wallet or other online third party services that allow you to do so, so that you are absolutely sure that you are receiving the legitimate file.

Source and more information: https://nxtforum.org/nrs-releases/nrs-v1-11-3

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  • NSD – A Project Based on Nxt is Nominated for the Futures Options World Award

In April 2016, Russia’s National Settlement Depository announced that they have successfully developed a decentralized voting system, based on Nxt’s Voting System, that was able to process 80 votes per second. Since then, we’ve recently heard that this project was nominated for the Futures Options World Award, which took place last December. This project was announced with the following statement:

The prototype is based on the NXT distributed cryptographic platform, and uses ISO 20022 international standard for messaging. NSD has been working on the project together with DSX Technologies. The project’s open-source code is available on GitHub.

As we mentioned in a previous newsletter, the NSD has ignored the GPLv2 license conditions, and still hasn’t released the code of their new development. The repository they previously used (https://github.com/dsx-tech/e-voting/tree/master/sources/e-voting) only shows a CLOSED SOURCE “nxt.jar” file under the “libs” folder, and the client-side code, which is used to interface with that modified Nxt server code. Therefore, the NSD is clearly breaching the conditions of the license.

Below is an extract of the FAQ for the GNU GPL v2 license:

Does the GPL require that source code of modified versions be posted to the public?
…if you release the modified version to the public in some way, the GPL requires you to make the modified source code available to the program’s users, under the GPL.

We’d like to remind businesses, financial entities, governments, or any person interested in using the Nxt code, that they must respect the license agreement.

Source and more information: https://www.nsd.ru/en/press/ndcnews/index.php?id36=633046
https://nxter.org/russias-national-settlement-depository-trials-nxt-blockchain-based-e-proxy-voting-prototype

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NXT IN THE MEDIA

  • Decentralize Today – Massive Business Opportunities Hidden in the Nxt Blockchain

Websioux, admin at scriba.io, among others, and member of the Nxt community, has published an interesting article on the news platform Decentralize Today about the Nxt blockchain and the future Ardor platform. The text talks about the new usage possibilities that this technology offers to entrepreneurs and how it can be profitable for their traditional business.

The author accounts for some features included in the Nxt blockchain and explains some practical use cases for businesses, such as: open ledger, which allows you to see all the transactions from/to an account; the data cloud, which allows you to publish small files on the blockchain; private messaging, which allows you to issue contracts that can be verified by consulting the blockchain; account control, which can be used to organize governance in a transparent way, and many more.

The internet is available 24/7 for a party to sign any contract and for outsiders to verify contracts integrity!

The initiative for starting a nuclear regulatory commission using Nxt, which we mentioned in a previous newsletter as well, is one of the innovative examples that the author, already a member of that club, sets as an example of what can be achieved with Nxt.

Source and more information: [email protected][email protected]cdb10518#.dj5lyj494

Websioux – PHP Libraries for Nxt

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  • Deep Dot Web – An Overview Of Smart Contract Scripting For Cryptocurrency Blockchains

In this article by Tamer Sameeh published on Deep Dot Web, the author talks about Smart Contracts, a concept that was coined by the cryptographer Nick Szabo aiming at revolutionizing contract law and formal business practices via the innovation of electronic commerce protocols among trustless parties across the internet

The author explains the evolution that this concept has experienced, its practical applications, and how this concept is applied in different blockchains. Among these, he includes Nxt, though inadequately in our opinion, because Nxt lacks this specific feature of Smart Contracts

Riker, a Nxt and Ardor core developer, clarified some time ago this subject:

“Rather than providing smart contracts, NXT is focused on implementing important use cases and functions directly into the core of both Nxt and Ardor. This approach has proven to be scalable and secure and will become more so when Ardor is released”

However, the text is correct when mentioning that Nxt has a comprehensive API that allows users, together with the Smart Transactions that are implemented in Nxt, a great versatility when developing something close to a Smart Contract.

A portion of the article is based on the results of a research paper published here, a document that has some inaccuracies about the Nxt platform. Fortunately, Pablo Lamela, one of the authors of the article, had the opportunity to chat with Lior Yaffe, to clarify some of these questions. This is what Riker stated after that talk:

Had a good call with @palas and explained a few things about NXT (and ETH), I hope they’ll incorporate my feedback into a more accurate paper

Have a look at the Developers Section to learn about all the features that Nxt has.

Source and more information: www.deepdotweb.com/2017/01/15/overview-smart-contract-scripting-cryptocurrency-blockchains/

http://eprint.iacr.org/2016/1156.pdf

nxtwiki.org/wiki/Phasing

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  • Blockshow Europe 2017 – Bringing the Best Projects in Blockchain to a Public Forum

In our December newsletter we mentioned the announcement of Dave Pearce, board member of the Nxt Foundation, about the biggest event related to blockchain technology in Europe this year, “BlockShow Europe 2017“, which will take place on the 6th of April. The date is fast approaching and many representatives of fintech and blockchain companies are confirming their attendance

The Nxt Foundation is very proud to announce that the Nxt and Ardor community will be represented at the CoinTelegraph BlockShow Europe. We’ve got a booth/table in the main exhibition space, and will be organizing an Nxt/Ardor presence at the show.

We’d like to get as many Nxters as possible to Munich for this show, so reserve your ticket now, via Eventbrite, using our referral code NXTMUNICH

Source: https://cointelegraph.com/news/as-blockshow-europe-2017-approaches-more-conference-details-are-revealed

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  • Thinkmind.org – Emergence of Distributed Autonomous Institutions

ThinkMind, a news platform, has published an article, written by Mariusz Nowostawski and Christopher K. Frantz, included  at The Sixth International Conference on Social Media Technologies, Communication, and Informatics – SOTICS 2016

The article presents a novel institutional perspective on the distributed consensus and ledger technology known as blockchain. The text talks about the tools that blockchain technology brings to push Distributed Autonomous Institutions and the benefits they would bring, such as facilitating global interactions, contracts, and value transfers, all of which are achieved without the need for the human-based third party.

The author also explains how the technology offered by Nxt/Ardor allows us, even today, to achieve this objective:

A proposed solution to this problem is the use of child chains to coordinate asset-based transactions as implemented in the new blockchain alternative Ardor… In contrast to Ethereum’s support for general-purpose code, Ardor will concentrate on specific asset-based transactions… The security model is further strengthened by supporting complex preconditions for the execution of transactions… The concept furthermore includes built-in mechanisms to manage governance and decision-making processes in a reliable and anonymous fashion.

Source: https://www.thinkmind.org/index.php?view=instance&instance=SOTICS+2016

https://www.thinkmind.org/download.php?articleid=sotics_2016_2_30_60031

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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


(Back to the Index)

Nxt news – February 2017 (I): If You Want Something New, You Have to Stop Doing Something Old

NXT NxtCoin 2. generation cryptocurrency news
February 2017 (I)

 

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about each of them:

 

NXT COMMUNITY

  • Ardor – Advanced Users of Nxt Give a Hand in Tuning it Up

Riker, one of the Nxt and Ardor core developers, has invited users on NxtChat on Slack for some volunteers who have a solid knowledge of Nxt to test the new Ardor software on the testnet, in order to speed up the opening of the testnet to general users, which is expected to happen in the near future.

Lior says:

As we are wrapping up the Ardor testnet release, and before we release it publicly, we are looking for power users who know NXT 1.x well to join us in testing the platform. This would be a volunteer base work (unless some whale would like to put an NXT or Ardor bounty for this). You have to be very technical, not easily frustrated and if you have prior background in software development and testing that’s a big plus.
What you will get is:
Access to an Ardor testnet public node first, then access to a binary distribution, and the chance to work with folks like JL, myself and other core devs side by side, who knows, perhaps this would also develop into an employment opportunity in the future.
Most important is UI testing. API testing is important as well. We need someone to test processes like create a poll, vote, check the results. Create an asset, send multiple ask/bid orders and verify that the trade results are correct etc. No need for coding but if know how to place a breakpoint in JavaScript code and check some variables values that’s a big plus.

It seems that things are running smoothly and this pre-release test will help refine some minor details to make Ardor, at least, as stable as Nxt has been throughout all these years. Ardor is on its way.

More information: https://nxtforum.org/core-development-discussion/ardor-pre-release-testing

Channel #developers at Nxtchat on Slack

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  • Nxtforum.org – 1000 New Users in January

We are to be excited! Throughout January, a thousand new members have joined Nxtforum. This is the second month in a row that this membership growth figure has been achieved. This large amount of newcomers, which is starting to become a regular occurrence, is a good sign of the interest that blockchain enthusiasts have put in Nxt and Ardor, which also seems to reflect on the price rise that Ardor has experienced during the past few weeks.

[easy-tweet tweet=”I am also a member of the Nxt community” user=”https://twitter.com/nxtcommunity” hashtags=”#Nxt #Ardor #Nxter” url=”https://nxtforum.org/”]

We’d like to encourage our readers to sign up and become a member of this growing community. Or, if you prefer, you can also join the Nxt community using the following platforms:

More information: https://nxtforum.org/index.php?action=stats

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  • Janus – First Dividend Payment from Betterbets

The Janus team has distributed the first dividend payment coming from Betterbets.io, the betting platform that belongs to Janus, among its investors. The recent successful integration of ShapeShift in this platform allows the players to buy NXT using other cryptos and place their bets straight on this platform with NXT.

Moreover, the volume of bets that were placed using NXT has been quite remarkable. Bjorn, member of the Janus team, explained:

Just to give a recap for stats sake, it’s been about 11 days since NXT on Betterbets.io went live without downtime. Total:   Bets: 965,920   Wagered: 2,255,526 NXT.
NXT stats at almost 1 million bets isn’t too bad really. Over 2 million in volume wagered, also solid. I don’t yet have the numbers for number of shapeshift.io purchases on site but will monitor this as well…

Source and more information: https://nxter.org/es/under-the-knife-1-janus-token

JanusProject at NxtChat on Slack (link to join)

https://www.mynxt.info/asset/4348103880042995903

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  • Liquidtech – Nice Dividend Payment

The LQD asset, managed by LibertyNow, has had a dividend distribution for the month of January with the equivalent of 3.4 BTC distributed among  investors, in the form of NXT and ARDR. Each investor received, in their respective Nxt accounts, 0.64 NXT plus 0.21 ARDR for every unit of LQD they own. This has been a good month for investors, with an ROI of 10.88%

It seems as if the tune up that LibertyNow performed on his bot in order to achieve the maximum profit (while reducing loses when markets don’t behave rationally) is starting to bear fruit. Liquid Technologies is well-known for its transparency. You can check, in real time, all operations of the fund at http://www.liquidtech.info/trades

LibertyNow commented:

After running a couple polls, I decided to split the dividend payment between ARDR and NXT. Everyone should see two dividend transactions in their accounts…one as a NXT payment and one as an asset transfer (the ARDR). The dividends totaled about 3.4BTC and new software updates seem to be chugging along quite nicely.

Source and more information: https://nxtforum.org/liquid/dividend-day!/msg229351/?topicseen#msg229351

https://www.mynxt.info/asset/17750387231635486778

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DEVELOPMENT

  • Ardor – Dividend Payment Teasers

This has been the forth week in a row where we get to see some previews regarding new Ardor functionalities. Damelon, of the Nxt Foundation, has shared some screenshots where we can see the new Dividend Payment feature that will be included in Ardor.

These images let us know that, when using Ardor, any business or project owner will able to perform dividend distributions to their investors with any asset or coin integrated on Ardor, or using the child chain coin.

More information: https://nxtforum.org/general-discussion/summary-of-ardor-platform-teasers/

Ardor – Details about its functionalities

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  • Ardor – Testnet Countdown

In our previous newsletter, we mentioned a list of pending tasks that Riker shared with a thread at Nxtforum. These tasks help give indication on the upcoming release of Ardor’s testnet, which will happen soon after all of them are fulfilled. The server code is almost completed and the APIs are stable, so there isn’t much left.

Riker says:

Things are looking good overall. One thing for sure, we are going to confuse you a bit with the fee structure from bundlers to forgers so be patient. Still hesitant if to open the testing to more people since currently it is much quicker to find bugs than to fix them. Whoever already has access is welcome to continue testing and if all goes well I’ll open this up for more testers in the next couple of days.

TO-DO list (updated as of February the 6th, 2017)

More work on the Coin Exchange page and tables (Needs more testing)
Prefix each MS currency name with the name of the chain to which it belongs (Needs more testing)
Ability to link from a child chain transaction to the ChildChainBlock transaction in which it was bundled (Done)
Improve the entity properties modal to support entities like orders and offers (Done)
Format amounts and links in the entity properties modal (Done)
Test and fix currency reserve/claim tables and modals (Done)
Remove child chain specific widgets from the Ardor UI (Done)
Remove Ardor specific widgets from the child chain UI (Done)
UI for the new “by holding” dividend modal (Done)
UI for the “by holding” dividend history (Done)

In addition we also need to double check the UI of the following modules for problems caused by the mode to per chain entities:
AEstill needs more testing
MSstill needs more testing
MessagesDone few open issues
DGS
– Voting
Cloud Data – Done
Aliases – Done
– Phasing
– Account Control – some problems
Leasing – Done
Account Properties – Done
Account MonitorDone, needs testing
ShufflingDone

Source and more information: https://nxtforum.org/general-discussion/ardor-testnet-countdown/

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NXT IN THE MEDIA

  • KCN – Nxt Based Messenger Aims to “Make E-Mail System Great Again”

Koles Coin News, a YouTube news channel that specializes in cryptocoins, has released a video about the powerful and secure messaging feature of Nxt:

[vsw id=”lmQrY-QDnKA” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Nxt platform strives to knock out traditional messengers by its new service. Company have decided to replace the traditional email systems with blockchain, allowing mail to be sent through a decentralized network such as CryptaMail. CryptaMail requires one NXT per message. With prices set for each message, we might have to pay for privacy in the future.

If you want to learn more about Arbitrary Messaging system of Nxt, you can visit https://nxter.org/nxt-core-arbitrary-messages/

Source: https://www.youtube.com/watch?v=lmQrY-QDnKA

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  • Invest It In – Adel, The Kickstarter for ICOs

A few weeks ago, we mentioned the announcement of Adel, a new cryptocurrency ecosystem that benefits from the technology of Nxt to create, develop, and implement use cases involving blockchain technology that covers a wide-range of digital and physical industries. The platform itself will have DAO-like qualities backed by a global cryptocurrency, the Adelphoi token, which will be released after the first round of the ICO.

Adel has recently been mentioned at Invest It In. Travin Keith, Marketing Manager of Adel and  Board Member of the Nxt Foundation, explains in this interview titled “The Kickstarter for ICO’s” about both of Adel’s objectives and the benefits that the Nxt platform brings, as well as the role that the community will play.

Travin explains in the interview:

Adel is trying to solve the lack of a platform for blockchain projects that doesn’t just help with launching the project with funds, but also provides support and guidance throughout the whole life of a project. Adel also aims to actively engage its community members in the projects and can also connect the projects with VCs for further funding if necessary…
Is Adel a decentralised organisation? – Yes, absolutely. While the Adel Board and staff will be providing guidance and support to the projects launched on Adel, major decisions… are decided with a vote by the community members…
…Smart Transactions… will be used for voting…
…it was deemed to be more ideal to use the Nxt blockchain… as well as the upcoming Ardor blockchain…smart transactions…phased transactions… One of the other features that Adel will utilize is the decentralized voting system for the polls that will be run for the community regarding major decisions
…The R&D team will release a few more projects before the ICO that will be proposed to the community.
…The DAO and Wings would probably be the most similar system in the crypto community… Compared with The DAO, Adel will have a more stable structure around it with guidance from the Adel Board, as well as support from the staff before projects are introduced to the community… The smart contract scenario that ruined The DAO will not be possible with Adel… unlike Wings, projects on Adel will not be limited to blockchain projects that support Ethereum Virtual Machine (EVM) functionality… While the Nxt and Ardor platforms will have the first right of refusal, if other blockchain solutions are needed for projects, then it will be possible to use other blockchain solutions…

Recently, as a sneak preview, Adel’s R&D team has shared their very first project to be proposed to the community, a P2P ATM which will allow users to find people nearby who are willing to exchange coins and cash on-demand.

Source and more information: http://www.investitin.com/adel-kickstarter-icos/

http://www.adelphoi.io

Join Adel’s chat on Slack

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  • Fintech Finance – Creating Value With Cryptocurrencies

The online magazine Fintech Finance has syndicated the fourth whitepaper of Adel, which has been recently published. The article called Creating Value with Cryptocurrency goes over the possibilities that blockchain 2.0 brings to both financial and administrative sectors (mobility, resilience, privacy, cryptographic proof, improved financial system, lower transaction fees…) and the advantages that the 100% decentralized and revolutionary technologies that Nxt and Ardor platforms can offer, to build up a project as big as Adel. These traits include: PoS decentralized blockchain, phased transactions, monetary system, decentralized voting, decentralized marketplace, shuffling, and a decentralized asset exchange.

The article explains that the value of Adel is in leveraging a state-of-the-art blockchain such as Nxt and Ardor, as well as the Adel ecosystem, and then combining these technologies with best-in-class business practices. Some of the advantages of the Adel ecosystem enumerated in the whitepaper are:

Project Approvals: The establishment of a Project Review Committee which not only ensures that Adel will launch profitable businesses, but also represents legitimate, legal and ethical projects… Successful projects will prove sustainable, long-term growth, as well as global monetization potential for blockchain technologies.
Decision Leadership: …utilizing expert decision makers to guide decisions in the community. Once a decision has been authorized by the leadership, it is then submitted to the community for consensus, enhancement and further decisions…
Open & Transparent: … auditable financial transactions for all projects and provides the foundation for a self-regulated community capable of making important economic decisions. The voting system establishes the opinion of the majority… Social forums allow for open and constructive communications between community members…
Integrity: … Adel’s integrity is the foundation of our success and for the sustainability of a profitable ecosystem…
Support : After a project has been launched on Adel… the project manager will be adequately supported by the Adel staff, as well as community members participating throughout the lifetime of the project… in the form of expert advisory services, finding employees, and assistance with securing external funding, such as with venture capitalists.

Source and more info: http://www.fintech.finance/01-news/creating-value-with-cryptocurrency-white-paper

https://www.adelphoi.io/#white-papers

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  • Search Engine Journal – Transforming Technology With Raspberry Pi

In this article at Search Engine Journal, Travin Keith, Board Member of the Nxt Foundation, goes over the revolution that the Raspberry Pi has caused in the tech world since its launch. The wide adoption of this small device, together with the communities that has emerged support this open-source project has allowed it.

All together, the Raspberry Pi has enabled the development of thousands of projects that rely on this inexpensive device. The article goes over some of them, but what stands out among the projects mentioned is the inclusion of the RasPi in the blockchain world, specifically with the Nxt blockchain. With Nxt being the first and most evolved PoS platform, which has showed its security and resilience by running smoothly over the past three years, it still doesn’t require a network of super computers (that consume as much energy that a nuclear power plant can generate) to run.

By setting up a Nxt node on a Raspberry Pi, you can easily participate in the Nxt ecosystem and help the block generation process in this feature-filled blockchain (called forging in Nxt), with an energy consumption of just a few watts per hour, which is probably less than the standby mode of your microwave. Such is an unimaginable achievement for PoW coins like Bitcoin. Additionally, as we mentioned in our previous newsletter, there are prototypes of solar-powered Nxt nodes built using a Raspberry Pi, such as the one made by Zuqka.

Source: https://www.searchenginejournal.com/4-cool-ways-raspberry-pi-is-transforming-technology/184601/

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt news – January 2017 (IV): The Ability to Materialize Ideas is the Secret of Success

NXT NxtCoin 2. generation cryptocurrency news
January 2017 (IV)

 

Here are some of the latest news about Nxt over this past week in January:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • MyNXT.info Wallet – How to View and Transfer Assets

It’s become common that some users of the MyNXT.info online wallet, the popular service brought to you by some members of the Nxt community (a service which isn’t a part of the official Nxt Reference Software), ask some questions to the Nxt community about how they can check their asset balance, more specially, their ARDR balance as this option is disabled by default.

In October last year, CryptKeeper shared a small step-by-step guide that shows you how to install the free plugin which is necessary in order to view and transfer your Nxt assets on this web wallet.

CryptKeeper explains:

A short description for installing the Asset Plugin on wallet.mynxt.info to see your Ardor

  1. Log into your account at wallet.mynxt.info
  2. On the left there is the dashboard with a “+ Plugins” button, click on it:
  3. Chose the basic asset plugin:
  4. Confirm the disclaimer and your plugin will be installed
  5. Back at the dashboard, click on the plugin button:
  6. You will see your Ardor balance under “My Assets” and you can send them out by clicking on the asset name and choosing the second tab “Transfer”!

VanBreuk reminds us:

The Asset plugins in MyNxt do not have currently the option to attach a message to an asset transfer, as required by Bittrex. This is as far as I’ve seen an unusual requirement for an exchange deposit, but I have reported this to the MyNxt website developer so this modification can be added to development list.

Source and more information: https://nxtforum.org/index.php?topic=11976.msg225645#msg225645

https://nxtforum.org/mynxt-info

https://wallet.mynxt.info

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  • BTC38 – ARDR/BTC Added to the Exchange

With this brief statement, BTC38, the popular exchange based in China, and one of the most utilized to trade NXT, announced that ARDR was included into its platform, thus allowing users to exchange it for BTC and vice-versa:

In just a short amount of time, the exchange climbed up to the third position by volume among all the exchanges that allow you to trade ARDR. We should also point out that on BTC38, the NXT/CNY pair is also the 4th-most traded cryptocurrency on the platform. Also ARDR/BTC has become, in record time, the 9th-most traded token there. A brilliant start.

With BTC38, there are now six exchanges (plus Nxt’s Asset Exchange) that let you trade the ARDR asset.

Source and more information: http://www.btc38.com/altcoin/ardr/

http://www.btc38.com/trade.html?mk_type=btc&btc38_trade_coin_name=ardr

https://coinmarketcap.com/assets/ardor/#markets

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  • Nxt – Monitoring the Activity of Accounts

Some Nxt users with programming abilities have shown some interest on how use the Account Monitor feature, by means of the fully-featured API that the Nxt platform has. Some well-known developers of the Nxt community have come up with some solutions to this end, including websioux or ScripterRon, Nxt Core Developer:

Websioux says:

If you have that many to check or more, yes, you’d better check the transactions when they appear on your node. But remember blockchain reorgs do occur and in that case you should detect it, and check if it has a consequence for your treatment or not. Otherwise, it’s probably not going to take that much to check the transactions of 1000 address, I’d bet for something between 1 and 10 sec.

ScripterRon says:

One possibility is to use the EventWait API.  You can be notified when blocks are pushed and popped.  For a rollback, you will get a block popped event for the old block followed by a block pushed event for the new block.

Additionally, “regular” users can also benefit from this through a service that some third parties are offering. With this, you will receive an email every time something happens in the account you are monitoring, as we mentioned in our November newsletter:

  • Nxt AlertsThis is an utility inside the MyNxt portal which sends you an email everytime
    • a block is generated
    • your chosen account sends/receives some coins

If you are a developer who is having some trouble using the Nxt API, you can ask for some help at Nxtforum or in the #developers or #helpdesk channels at Nxtchat on Slack.

Source and more information: http://nxtwiki.org/wiki/Exchange_Integration

https://nxtforum.org/index.php?topic=13242.0

Nxt’s API Documentation

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DEVELOPMENT

  • Ardor – New Features and How it Compares with Nxt

Jean-Luc, Nxt and Ardor core developer, announced the inclusion of two new features to the future Ardor platform in addition to Coin Exchange, a feature that will let you trade one child chain token for another child chain token, or for ARDR. The latest features included are:

A017. 2015-07-28. Allow AE issuer use Asset to make dividends payment in another Asset.
A006. 2015-06-16. Allow AE issuer use MS to dividends payment.

Those two are already implemented in Ardor

Jean-Luc has also published a chart on nxtforum.org that compares the major differences in the functionalities between Nxt and Ardor:

Blockchains

Single chain One parent chain with multiple child chains

Transaction tokens

The same token (NXT) is used for establishing the consensus and providing the security of the blockchain, as well as for the basic unit of value in all transactions Only the parent chain token (ARDR) is used in the proof-of-stake consensus, and thus provides security for all child chains. Child chain tokens are used as transactional units of value only.

Transaction fees

Transaction fees are paid in NXT only, requiring users to always have NXT in their accounts. On each chain transaction fees are paid in the native token (coin) of that chain. End users do not need to own ARDR tokens.

Features

Asset Exchange, Monetary System, Aliases, Messaging, Digital Goods Store, Voting System, Shuffling, Data Cloud, Phasing, Account Control, Account Properties All these features are preserved in Ardor, and are available on each child chain. A child chain can optionally be restricted not to enable some features. The parent chain supports a limited subset of features, as it is intended to be used for consensus establishing only and not for everyday transactions.

Accounts

Each passphrase maps to a single account. Passphrases can’t be changed, and there is no wallet file to store. The same mapping of passphrases to account numbers is used as in Nxt. Accounts are global across all child chains, and an account can have balances in each of the existing child chain coins, as well as in ARDR.

Holdings

There is a single coin (NXT), and unlimited user-issued Assets and Monetary System currencies. Each chain has its own coin. Assets and MS currencies can be issued on any child chain, and are available for trading globally. Assets or MS currencies can optionally be restricted* to some child chains only.

Trading

Assets and MS currencies can be traded for NXT only. Assets and MS currencies can be traded on any child chain, with price denominated in the corresponding child chain coin.

Coin Exchange

N/A A new feature, Coin Exchange, allows trading of child chain coins to each other, and also to the parent chain coin (ARDR).

Dividends

Asset dividends can be paid in NXT only. Asset dividends can be paid in any of the child chain coins, by simply issuing the payment transaction on the corresponding chain. Additionally, paying dividends in another Asset or in MS currency has been implemented.

Crowdfunding

Crowdfunding feature is available in the Monetary System, but the funds must be collected in NXT only. Crowdfunding feature is available on all child chains, and on each child chain the funds are collected in the corresponding child chain coin.

Shuffling

Shuffling of NXT, Assets, and MS currencies is available. On each child chain, shuffling of the corresponding coin, or any Asset or MS Currency, is supported.

Aliases

Alias names are globally unique. Alias names are unique within each child chain only.

MS Currencies

Currency codes and names are globally unique. Currency codes and names are unique within a child chain only.

Pruning

Pruning is available for plain and encrypted messages, and for tagged data (data cloud feature). Pruned data are retrieved automatically on demand from designated archival nodes. Pruning and retrieving of all prunable data is available as in Nxt. In addition, the child chain transactions themselves are designed to be prunable and will not need to be stored permanently or re-downloaded by every new node. The actual pruning of transactions will be implemented later.*

Transaction identifiers

Transaction IDs are 64-bit longs, and are globally unique. The 64-bit transaction IDs are no longer guaranteed to be globally unique for child chains. 256-bit transaction hashes (sha256 digests) are used instead as transaction identifiers.

Block generation

A “forging” process is used to create new blocks, with the probability of block creation dependent on the account NXT balance (stake). The same forging algorithm is used as in Nxt, dependent on ARDR account balances only.

Bundling

N/A A new process, “bundling”, is used to group child chain transactions into a parent chain transaction (“child chain block”), which is then included in the parent chain. Any account can play the role of a bundler. The bundling process also performs the exchange of fees paid by users in child chain tokens into ARDR fees accepted by the block forgers.

Phasing

Transaction execution can be made conditional, subject to approval using various voting models. Same voting models as in Nxt, but phasing is possible on child chains only. Approval transactions can be on a different child chain from the phased transaction, and the by-transaction voting model also supports linking to a transaction hash on a different child chain.

Account control

Accounts can be restricted to use phasing only (mandatory approval). Same as in Nxt, but accounts under phasing-only restriction cannot submit transactions on the parent chain, as those cannot be phased.

Peer networking

HTTP based, also with WebSocket support, transmitting JSON formatted data between peers. Completely re-written and optimized, using native Java sockets and binary messages between peers. Block and transaction propagation has been significantly improved, by exchanging and caching information about currently available blocks and transactions between peers and only propagating the missing data pieces.

API

HTTP query APIs, returning JSON formatted response. Mostly unchanged, except:
1. A “chain” parameter has been added to each API that is child chain specific.
2. 64-bit long transaction IDs have been replaced with 256-bit hashes.
3. All prices and rates that were previously defined relative to the smallest indivisible holding amount (“QNT”) are now defined relative to a unit of the holding (share).

Scalability

Transactions are stored in the blockchain permanently, and need to be re-downloaded and re-processed by every new node, which after months and years of operation becomes a significant bottleneck. All child chain transactions will be possible to prune completely, without affecting blockchain security, thus allowing the blockchain size to be kept much smaller. A new node joining the network only needs to download the parent chain transactions, followed by the latest snapshot of the current system state.*

* Functionallity marked with asterisk is planned to be implemented in a future Ardor release. All other functionallity is already implemented and currently being tested on a testnet blockchain.

Source and more information:https://nxtforum.org/core-development-announcements/ardor-vs-nxt-functional-comparison/

https://nxtforum.org/core-development-discussion/list-of-feature-request-for-nrs/

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  • Ardor – Testnet Countdown

Riker, Nxt and Ardor core developer, published a list of all the remaining tasks that have to be completed before the Ardor Testnet goes live. There isn’t an exact date when the the launch of the testnet will take place yet, but it will happen in this first quarter of 2017. It’s important to note that after some previous leaked images, the market capitalization of Nxt and Ardor went up, which shows how many people are keeping and eye on these projects. Obviously, there is a lot to be expected.

Lior says:

Getting closer to the Ardor testnet release but still some way to go.The server code is nearly complete and the APIs are mostly stable… Most of the work will now focus on getting the client UI ready for release

Here is a list of remaining tasks which we would like to complete before the official release:
– More work on the Coin Exchange page and tables
– Prefix each MS currency name with the name of the chain to which it belongs – partially implemented
– Ability to link from a child chain transaction to the ChildChainBlock transaction in which it was bundled – done
– Improve the entity properties modal to support entities like orders and offers – done
– Format amounts and links in the entity properties modal
– Test and fix currency reserve/claim tables and modals
– Remove child chain specific widgets from the Ardor UI
– Reomve Ardor specific widgets from the child chain UI
– UI for the new “by holding” dividend modal
– UI for the “by holding” dividend history

Source and more information: https://nxtforum.org/general-discussion/ardor-testnet-countdown/

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NXT IN THE MEDIA

  • The Percept – Nxt is the New Generation of Bitcoin

Irem Sokullu, of The Percept platform, conducted an interview with Bas Wisselink and Dave Pearce, both members of the Nxt Foundation. Bas and Dave answered questions concerning basic concepts of the blockchain, its philosophy, new possibilitie, advantages of decentralization, and the key differences between PoW (Bitcoin) and PoS (Nxt), among other questions.

Here is a snippet of some of the questions that you can find in the full article:

Irem (interviewer): Bitcoin is using Proof of Work and NXT uses the Proof of Stake. Please tell me more about the difference. .

Bas: PoW can be characterized as a contest. The strongest computer assaults the cryptographical puzzle fastest. So, the more powerful equipment you have, the more Bitcoin you will mine. That leads to a large hardware race and a lot of power consumption. Proof of Stake is more like a lottery in which each coin in the system can be seen as a ticket to the lottery. The more ticket you have, the more chance you get to generate a new block. You don’t spend hardware and power on that lottery. It is an energy efficient system.

Dave: Participants put their stakes into the system, software choices in a semi-randomized way who gets the reward next. NXT has 1 billion tokens. That is the way Proof of Stake works to ensure the trust in the system.

The Percept also recorded a video interview with Bas:

[vsw id=”tlJ-84AZVG0″ source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Source: http://www.thepercept.com/nxt-new-generation-bitcoin-bas-wisselink-dave-pearce/

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt news – January 2017 (III): The Question isn’t Who is Going to Let Me; it’s Who is Going to Stop Me

NXT NxtCoin 2. generation cryptocurrency news
January 2017 (III)

 

Here are some of the latest news about Nxt over this past week in January:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • Cold Storage – Offline Transaction Signing

Recently, there were some Nxt users who have shown some interest in offline transaction signing, which consists of operating a device that isn’t connected to the internet when using the Nxt wallet in order to achieve a higher level of security against viruses and trojans.

ScripterRon, a Nxt core developer and member of Jelurida, has shared some instructions to developers who are interested in using the Nxt API to achieve this objective:

…Take a look at https://github.com/ScripterRon/NxtCore to see how to sign a transaction. The Transaction() class creates a signed or unsigned transaction…
…I took a different approach for Ardor which might be simpler to understand. Take a look at https://github.com/ScripterRon/Nxt2API. Look at Nxt.broadcastTransaction() which takes the unsigned bytes returned by the server, signs the transaction, and then broadcasts the transaction…

Moreover, with the recent release of the NRS mobile app, it’s now easier for all Nxt users to sign the transactions while being offline.
Riker, also a Nxt core developer and member of Jelurida, commented on this when he introduced the latest NRS version:

One interesting use case for the mobile app is to use an old phone or tablet completely offline only for signing transactions. This way you never have to expose your passphrase to online computer. See https://nxtwiki.org/wiki/Offline_Transaction_Signing
…When the mobile device is offline, the device settings modal allows signing transactions and generating tokens to support cold storage functionality.

For those of you who are interested in this feature, we’d like to remind you that there is a step-by-step tutorial at the Nxt Wiki in order to achieve this.

Source and more information: https://nxtforum.org/general-discussion/how-to-sign-a-transaction-locally-and-then-send-it-to-a-server
https://nxtforum.org/index.php?topic=12990.msg227076#msg227076
https://nxtforum.org/nrs-releases/nrs-v1-11-1e
https://nxtwiki.org/wiki/Offline_Transaction_Signing

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  • BetterBets – Successful ShapeShift Integration

As we announced in previous newsletters, BetterBets.io, the platform that was created in the past by some members of the Janus team, has successfully implemented ShapeShift on its system, which allows anyone who is interested, from this moment on, to exchange any cryptocoin accepted by ShapeShift for NXT and be able to place bets on this platform.

Bjorn_bb has been the one in charge to make this announcement on Janus’ channel on Slack, and has shared an image with us to show the results:

More information: https://nxter.org/nxt-news-december-2016-iii-the-future-belongs-to-those-who-believe-in-the-beauty-of-their-dreams/#BetterBets

https://nxter.org/nxt-news-january-2017-i-every-beginning-is-cheerful/#Janus

https://nxter.org/nxt-news-january-2017-ii-trees-that-are-slow-to-grow-bear-the-best-fruit/#Betterbets_update

https://nxtchat.slack.com/archives/janusproject Link to join Nxtchat on Slack

Under The Knife #Janus

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DEVELOPMENT

  • Ardor – Child Chain Bundler Operation

Damelon, of the Nxt Foundation, has shared some details about the future ways child chains on Ardor will operate, as well as information of the bundlers that will bundle these chains with the Ardor main chain. Anyone who meets the requirements can be a bundler. The child chain issuer and the bundler don’t have to be the same person.

Damelon says:

– Block submission is paid for in Ardor on the main chain. If you want your transaction to be validated, they will need to be sent to a bundler who will then offer them to the main chain…
– Payment to the bundler is in the child chain token. Bundlers will exchange child chain tokens to Ardor. That’s where their economic incentive is…
– …But a child chain without a bundler cannot exist. It needs a bundler for transactions to get into the main chain…To start a complete child chain, you need a bundler…
– Bundlers handle two tokens. Users on a child chain will only need one.
– If the business model is correct, though, you can bet you can find a bundler who would see value in bundling it.
– Here are multiple hierarchical tokens: Top token is Ardor, then come the child chain main tokens. One each child chain, you also can have tokens specific to that child chain, like MS currencies which are tied to the specific child chain. Assets are global on the Ardor system and can be traded across chains…
Ardor does the forging, the child chains do the pooling of transactions. Bundlers pool the transaction and then submit them to a block, but in order to be included in the ledger, you will need the main chain.

ScripterRon, Nxt Core Developer, has also given us an example of the operational details of a bundler:

The child chain fees are determined by the bundlers for that chain.  For example, an IGNIS bundler could accept transactions with a fee rate of 0.01 IGNIS.  That means a transaction which costs 1 ARDR will cost 0.01 IGNIS.  So a transaction costing 40 ARDR would cost you 0.4 IGNIS and the bundler would pay 40 ARDR.  Obviously, the bundler wants to also be a forger or have some way to recover the 40 ARDR cost…

Source and more information: https://nxtchat.slack.com/archives/general/p1483904127002759

https://nxtforum.org/index.php?topic=13176.msg229127#msg229127
https://nxt.org/nxt-2-0-overview/
https://nxter.org/ardor-blockchain/

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  • Ardor – New Leaked Images

Damelon, of the Nxt Foundation, has again shared some previews with us regarding the Ardor platform, of which its testnet is expected to be launched during this first quarter of 2017. This time, Bas has showed us a screenshot of the Coin Exchange, which allows us to exchange tokens in one child chain against tokens in another child chain, or against Ardor. Here it is:

A preview of the dialog window for bundlers has also been shared. You can find more information in this same newsletter:

If you want to keep up with all the previews published about Ardor, you can check this summary by wolffang, a Nxt community member, at: https://nxtforum.org/general-discussion/summary-of-ardor-platform-teasers/

Source: https://nxtforum.org/general-discussion/(ardor)-coin-exchange-and-bundlers’-screenies/

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  • Nxt Kit – Software to Manage Your VPS Nodes

User EmoneyRu has announced an update to his useful application to manage Nxt nodes on VPS servers.

EmoneyRu says:

With the latest commit, I’ve migrated to ‘chain-original-conf.ZIP’. It means that from now we can use snapshots from peerexplorer.com (or, of course, we can pack the similar archive).

Usage block was updated correspondingly.

This open source software, is an easy way to deploy or update Nxt on any of your VPS or Dedicated Servers that run Linux (Redhat, Debian, Ubuntu, etc). Among its features include easy Hallmarked nodes deployment (it changes its config to make the node public), malfunction detection, and automatic client restart (when needed). Moreover, it lets you download the blockchain straight from peerexplorer.com, thus speeding up this part of the set up process of your node.

For more details about installation and usage, you can read the readme file included with the application. If you are planning to make a donation to the developers of this application, here is their Nxt account: NXT-VPP6-RFBG-WMAH-54SDX
Source and more information: https://nxtforum.org/index.php?topic=306.msg229089#msg229089
https://github.com/nxt-ext/nxt-kit

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  • Docker Image – Nxt 1.11.2

User chevdor has uploaded the latest NRS in a Docker open source container with version version 1.11.2

Docker is a tool that can package an application and its dependencies in a virtual container that can run on any Linux server. This helps enable flexibility and portability regarding where the application can run, whether on-premises, a public cloud, a private cloud, bare metal, etc.


As we mentioned in previous newsletters, running NRS in a Docker container can be even easier than running it “the normal way”. It’s especially useful when running Nxt on a VPS: No java required, no download, no specific configuration… In addition to this, in spite of being a type of “virtual machine”, it does not decrease performance.

Source: https://nxtforum.org/general-discussion/nxt-in-a-docker-container

https://en.wikipedia.org/wiki/Docker_(software)https://www.docker.com

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NXT IN THE MEDIA

  • InfoMarket Daily- Does Blockchain Really Matter?

InforMarket Daily wrote a piece about the first Moldovan Blockchain Laboratory, which we already announced in a previous newsletter, organized by Drachmae, instigator, among other initiatives, of Nautilus Coin, which uses the Nxt Monetary System.
The article states:

The… Moldova’s first Blockchain Laboratory… will study the possible benefits and use cases of the technology, and will afford opportunities to students and non students for internships where they will gain knowledge and work experience in this exciting new field….

Lee Gibson Grant, of Drachmae, says:

With… our partnership and Officially Moldova’s First Blockchain Lab “Drachmae Project Lab 2.0” hosted at ASEM, Academy of Economic Studies of Moldova…Hopefully EvilDave can attend 23rd to 24th…

The panel discussion: “Innovative and Creative Economies: how Blockchain creates microeconomics start-ups”

What has not been announced publicly but the First Three projects in the Lab by Three different companies, are based on NXT:

  • Land Registry
  • Digital Identity Tools
  • E-voting

Source and more information: https://nxtchat.slack.com/archives/general/p1484670854003735
http://infomarket.md/en/infomarket/Does_Blockchain_Really_Matter_Moldovas_First_Blockchain_Laboratory_Drachmae_Project_Lab_20
https://techannouncer.com/drachmae-project-laboratory-2-0-partnership-it4ba-innovative-incubator-asem-university-chisinau-moldova/

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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


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

(Back to the Index)

Nxt News – January 2017 (II): Trees That are Slow to Grow Bear the Best Fruit

NXT NxtCoin 2. generation cryptocurrency news
January 2017 (II)

Here’s some of the latest news about Nxt over this past week in January.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • Nxtchat on Slack – 1000 Users Reached!

We have reasons to be happy! The Nxt Community has reached 1,000 users on its Slack team in less than one year. This Slack team was originally launched by Damelon, of the Nxt Foundation, on the 19th of January, 2016, and has been steadily receiving new users throughout this period.

For its part, stats on Nxtforum also look nice. During December and January, over 1 900 new members joined the forum. Nxt has the technology, the team, and the best community. Come on and join us!

Link to join Nxtchat on Slack: https://nxtchat.herokuapp.com/

(Back to the Index)

 

  • Janus – New Asset Based on Nxt: JanusEX

The Janus team has announced the launch of a new token on the Nxt platform. JanusEX, an asset, was created to reward those Janus investors with over 2 000 000 tokens, who will receive this new asset in addition to the Janus tokens they already hold. Owners of JanusEX will receive 40% of all the income from the online casino betterbets.io, which will be added to the current dividends of the asset. This revenues will start on March 2018, and will take place on the first day of every month.

bjorn_blockchain says:

We are now adding value to Janus tokens through multiple sites and businesses, there is also the option for larger holders to acquire some income exclusive to them as well.We will be adding more dividends to both Janus and JanusEX as development progresses through the years.

Expect some surprises to boost token value and options to increase passive income for people who are interested.

  • Betterbets.io – Betting with NXT will Improve Dividends to Janus Token Holders

The day has come to include the use of NXT at Betterbets.io. The Janus team has issued a press release, addressed to both investors and players, which explains the details about the inclusion of NXT in this betting platform. They state that 90% of the profits coming from NXT betting will be given away to the owners of the Janus token.

Bjorn says:

This update will be adding the option to bet with NXT, we are sure most of you have heard of it. The reason we felt this currency was a valid addition for BetterBets, was because of the great community and developers that Nxt has built since it’s launch in 2013. Our staff have become a part of the community as well, and we are learning very quickly that their blockchain and wallet software is an incredibily powerful business tool.

https://twitter.com/Betterbets_io/status/818478296413458432

The Janus team seems to be in constant evolution, always trying to evolve the conventional business and combine it with the blockchain technology, which will bring short and long term revenues to the owners of their token.

More information: https://nxtforum.org/news-and-announcements/janus-(jns)-blockchain-secured-global-business-token-sale-live/msg228741/?topicseen#msg228741

https://bitcointalk.org/index.php?topic=1065847.msg17451051#msg17451051

https://nxtchat.slack.com/archives/janusproject (Link to register at Nxtchat on Slack)

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  • DeBuNe – News and Upcoming ICO

This past week marked the end of the sale of the first 250 000 assets for sale by DeBuNe, thus ending the first phase of the funding campaign launched last August, which included special prices for those nxters who bought the asset through the Nxt Asset Exchange. It has been a long and silent process, due to non-disclosure agreements that don’t allow the team to publish much news about what they are doing. With this, the initial phase of funding ended and, soon, the following phase of the ICO will begin.

Roberto Capodieci, CEO at DeBuNe, says:

…I am so excited that we are getting close to launching the ICO. Guys, you have no idea what a crazy amount of things launching an ICO requires… with DeBuNe we have TONS to show everyone with the efforts already done. It should go great, and if all is as I hope, then those of you who got some in the AE will have quite a treat when exchanging them in the future. Thanks for all the support from everyone

DeBuNe ICO’s roadmap outlined:

DeBuNe will have an ICO toward the end of the year, beginning of next year. A lot of news will be released, and there will be a distribution of the coins. 250000 will be sold in the ICO, and 250000 will be given to the asset holders with an average holding calculated in a period that will be announced (something similar to the ardor distribution). I have put some DeBuNe assets at 19 NXT each in the AE, and 15k more will be made available in the next weeks at a higher price until a total of 250000 assets are circulating in the Nxt AE.

The ICO will sell for definitely more than 20NXT per coin, so this is an soft offer for NXT holders.

Despite Capodieci’s discretion, as a logical consequence of NDAs, which are very common in these type of business, user Amalgamus, a member of the Nxt community, warned us about a web page where DeBuNe and Roberto are listed as members of a remarkable business initiative which offer collaborative solutions to important investors all around the world, which include banks and other big corporations.

Source and more information: https://nxtforum.org/debune/debune-ico-at-the-horizon/msg223391/#msg223391
http://digitalbillions.com/
http://interview.cio.com.tw/home/digital-billion-roberto-capodieci

DeBuNe – a Decentralised Business Network on the move

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DEVELOPMENT

  • Ardor – Fiat Gateways

As we announced in our previous newsletter, the design of Ardor will allow business that are interested to build an exchange on this platform by means of a child chain on Ardor.

The new feature that will be added to Ardor in order to allow this functionality is called Coin Exchange. This will allow trading one child chain token for another or to Ardor tokens.

Bit by bit, the core developers are making significant progress in this aspect and they are showing us these new functionalities that will be included. This time Damelon, member of the Nxt Foundation, has shared some images regarding potential BTC-USD trades on Ardor.

Source: https://nxtforum.org/general-discussion/(ardor)-sample-screens-of-btc-usd-trades/

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  • Ardor – Details About its Functionalities

ScripterRon and Riker, Nxt Developers and members of Jelurida, have answered some questions over at Nxtforum.org concerning fiat gateways, bundlers, a global Asset Exchange, etc. on Ardor

About the global Asset Exchange:

Assets are defined globally, they are not on a particular chain. You can buy and sell an asset on any chain. The prices are in the units for that chain. That means the same asset can have different prices depending on the chain. Which makes sense since the coins will have different values.You may be thinking about exchanging coins from chain A for coins from chain B. When you do this, you specify the number of chain A coins that you want to exchange and the maximum price you will pay for chain B coins. For example, if exchanging USD for EUR, you could exchange 10.00 USD at a price of 2.00 USD/EUR. You would be able to buy at least 5 EUR and possibly more depending on the exchange prices.

Your order would be matched with an order that wants to exchange EUR for USD. Say that an existing order wanted to exchange 2.00 EUR at a price of 0.80 EUR/USD. Which translates to 1.25 USD/EUR. The exchange uses the price from the oldest order, so the exchange price is 1.25 USD/EUR. You receive 2.00 EUR since that is all that the seller had available. In return, the seller receives 2.50 USD. His order is complete but yours is still open since you still have 7.50 USD available to exchange.

About child chains bundlers:

Anybody can bundle child transactions. But you must have ARDR. When you bundle child transactions, you create a child block transaction which is included in the next block. You receive fees from the child transactions and you pay ARDR for the child block transaction. You can use the child coins to create your own transactions or exchange them for another coin (including ARDR if somebody has ARDR they want to get rid of). There is a Coin Exchange similar to the Asset Exchange and the Currency Exchange where users can trade child coins with each other.

About the fiat gateways:

Nxt 2.x will contain a Coin Exchange where users can trade child coins with each other. So the value of a particular coin will depend on what people are willing to pay for it using one of the other coins.The value of a child coin measured in an external coin such as Bitcoin will depend on whatever gateway is used to exchange the child coin for Bitcoins. If the gateway used a 1:1 ratio, then that would indirectly value all of the other child coins since they could then be measured against Bitcoins using the exchangeable coin as a proxy.

About the chain where a coin transaction will be:

The transaction is in the chain for the coin you want to exchange. The exception is that any exchange involving ARDR will be in the main (FXT) chain since ARDR exchanges affect forging and cannot be pruned.

You can issue a coin exchange from any chain coin to any other chain coin.
You specify amount and price.
Amount – the number of your coins that you want to exchange.
Price – is the number of your coins that you want to pay for one of the exchange coins.
For example, if you are exchanging USD chain coins for BTC chain coins, the price would be the value of 1 BTC in dollars.

Order matching works the same way as order matching of the current asset exchange.
In addition, each chain can now use different number of decimals, for example 8 decimals for BTC and Ardor, 2 for USD chain.

About the coin in which the fees will be payed:

When exchanging USD for EUR, the transaction is sent to the USD chain and the fee is paid in USD. When exchanging EUR for USD, the transaction is sent to the EUR chain and the fee is paid in EUR. It takes 2 transactions for an exchange and both parties pay transaction fees in their respective coins. The coin exchange is similar to the asset exchange except there are 2 prices involved. One way to look at it is that each exchange order contains a buy price and an ask price. If you are exchanging 5 USD at a price of 2.00 USD, then your bid price is 2.00 USD per EUR. Your order has an implicit ask price of 0.50 EUR per USD. That is, you won’t pay more than 2 USD for one EUR and you won’t accept less than 0.50 EUR for one USD.

More information: https://nxtforum.org/general-discussion/(ardor)-it’s-coming/?all

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NXT IN THE MEDIA

  • E-Forex Magazine – Keeping Up with the Blockchain

This article at E-Forex Magazine, written by William Essex, explains what changes such a disruptive technology as blockchain can bring us by opening up a new range of possibilities. In fact, current players in this field are already changing the way they think and are trying to use the power of this technology for a wide-range of solutions.

The text includes opinions from entrepreneurs, CEOs, and business and community representatives who are starting to explore and use blockchain technology. Among them is Dave Pearce, of the Nxt Foundation, who talks about FX operating on the blockchain, in a very different way than it is done today.

Blockchain can offer fintech systems, banks, FX, everybody a way to replace all of their legacy systems in one relatively easy step. It can not only replace legacy systems, but offer them extra economies – for example, by throwing away the entire concept of needing a back-up strategy. Every single node on a blockchain is an entire back-up system.


Source and more information: http://www.e-forex.net/articles/dec-2016-keeping-up-with-the-blockchain.HTML

http://www.e-forex.net/articles/dec-2016-the-slow-algo-movement.html

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  • Cryptocentral – Basic Information about the Features of Nxt

Cryptocentral is a cryptocommunity space where you can find the latest information regarding various cryptocurrencies, mining, exchanges, various services, and more. It has several features and tools, such as a voting system, subscription capabilities, quick activity notification, and a chat system.

Recently, this website has added a new section devoted to Nxt, where you can find some basic information about the platform, a description of the main features, some guidelines for newcomers, and links. It holds quite a good compendium of information that is worth visiting if you are new to the platform or want to refresh on some concepts.

 

Source and more information: http://cryptocentral.info/topic/685/nxt-information

Follow them on twitter

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

(Back to the Index)

Nxt News – January 2017 (I): Every Beginning is Cheerful

Newsletter-topJanuary 2017 (I)

After a short break, we are back with some of the latest news about Nxt over these past couple of weeks in December and January.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • Janus – BetterBets.io

In our previous newsletter, the Janus team announced the first use case for Nxt at the BetterBets.io online casino. Moreover, they recently stated that their first monthly dividend issuance to holders of the Janus token, in a series of monthly dividends, will be on the 15th of January. They also announced some other news:

There are currently 8,430,863 Janus tokens left to purchase until the next distribution in March. Each Janus token is 1.5 NXT to purchase; for the next distribution the very lowest it will cost per token is 2.25 NXT. Please plan accordingly if you wish to take advantage of Q1 developments and the easiest entry point for cost is now.

bjorn_bb: January 15th will happen on time, keep this in mind for those who want to grab more % stake in this first benefit for Janus holders

ascendus: Just for holding janus right now , you will receive dividends in NXT from BetterBets.io. Each month calculate the 90% of the NXT earned (some months won’t always be profit). We will try and keep the dividends sent around the same time [each month]. To receive dividends from the upcoming feature on BetterBets.io you just need the Nxt client.

ascendus: In the future though, to received dividends from our mainstream business, we will rebrand our site Janustoken.com (holders will have to place a BTC address and a NXT address), in order to snapshot the balances of janus holders. Dividends will be paid in BTC.

  • Moneypot.com – Rubies V2 is Released on the Nxt Blockchain

Moneypot, together with the Janus team, launched the second version of Rubies, a coin that was originally created to give people a new way of betting and has the potential to give players, investors, and speculators the opportunity to be a part of a community of digital currency enthusiasts. This second version of the coin (that will replace the first one) will be call R2B2, and will be based on the Nxt blockchain:

bjorn_bb: for those who do not realize this yet, I spent some time with the Moneypot.com team. He’s converting from a traditional bitcoind blockchain to NXT. They will be offering many options for the Rubies V2. It was our project they have now stepped in to take over.

Dogedigital: Both v1 and v2 will exist at same time. The only way a R2B2 coin is created is if a matching Rubie is destroyed. The plan is to fully transition over from Rubies to R2B2 within a year. Rubies will still allow for proof of staking rewards, but will not be eligible for dividend payments. R2B2 will be eligible for dividend payments, but will not allow for proof of staking rewards. edit; The NXT asset is public and transparent. For each R2B2 going out, you will see a transaction of Rubies being sent to a burn address.

Betterbets: Awesome news from the Moneypot team, this marks the beginning of new health for Rubies V2 with R2B2. My team and theirs worked on a very good strategy for long term health and benefits for all holders. There will be no more blockchain issues as it runs on Nxt and this will tie in as well to the upcoming BetterBets.io launch of NXT betting. 2017 is going to be a very great year for both teams, and this post is our way of handing over the entirety of the Rubies project in the great care of the Moneypot team. From this point we will remain here for them as advisers if they need, but this is the transition from our team to Moneypot of the destiny of Rubies.

More information: https://bitcointalk.org/index.php?topic=1737000.0

https://bitcointalk.org/index.php?topic=1737000.msg17377145#msg17377145

https://bitcointalk.org/index.php?topic=1364104.msg17338497#msg17338497

http://test.nxter.org/es/under-the-knife-1-janus-token

JanusProject at NxtChat on Slack (link to join)

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  • Jelurida – New Website

Jelurida, the recently created corporation that is in charge of developing and supporting Nxt and Ardor, has released the first version of its new website. Damelon, member of both the Nxt Foundation and Jelurida, made the public announcement and introduced some of the team members.

Damelon says:

It’s just a one pager for now, but we can be reached and people can see our faces. A short guide to the names:

– Bas = Damelon    – Petko = petko     – Tomislav = Berzelius    – Ron = ScripterRon

Kristina is our excellent legal counsel.

For those of you who are big fans of gossips and conspiracy theories, we already know that one of the members of Jelurida is Jean-Luc, a Nxt core developer who, since the beginning, has chosen to stay anonymous. But… who is actually behind that alias? Will he really be one of these public faces which have now be presented? Or perhaps, should we be using “she”? Does Jean-Luc really exist as a person? Is Jean-Luc actually an Artificial-Intelligence super-computer descendant of Deep-Blue who is looking for new challenges beyond chess? Only time will tell (or maybe not).

More information: http://jelurida.com

https://nxtforum.org/general-discussion/jelurida-com-website-up!

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DEVELOPMENT

  • NRS Update – New version 1.11.2

The new version of the Next Reference Software has been released. The changelog includes some library updates, bug fixes, and improvements. Among them stands out the new NRS mobile app (just for Android at the moment), which was previously included for testing in the experimental versions, as we mentioned in previous newsletters.

You can download the NRS update straight from your current Nxt client or from Github. Always make sure that the given SHA256 signature is exactly the same that the hash of the file. You can check it using your NRS wallet, online third party services that allows you to, or third party software, so that you are absolutely sure that you receive the original file.

  • Android Wallet

The mobile wallet that this version brings us works much as the LIGHT wallet. It connects to an aleatory public node every time you run the app while being able to use almost all the features of the full client. You can download it for your Android phone from here: https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-mobile-client-android-1.11.2.0.apk

More information and tips:

Tutorial to update your node running on Debian8 64bits

Nxt Client Update Script for VPS

Archlinux Repository

nxtwiki.org/wiki/Mobile_App

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  • Preview of the Ardor Wallet on Testnet

 

Damelon, a member of the Nxt Foundation, has shared some screenshots taken by Riker, a Nxt Core Developer, so we can see a sneak preview of what the current Ardor Graphical User Interface (GUI) looks like. It won’t be long until this software is made public for testing on testnet (expected to be released in this first quarter of 2017).

At the moment, we know that the developers are happy with the progress. In the image we can see that beyond ARDR (the main chain) and IGNIS (the first child chain), the devs are already testing the future of having other childchains, some of which could be run by businesses to run fiat exchanges straight on the wallet.

ScripterRon, Nxt Core Developer, says:

It is also possible for a business to set up a fiat exchange.  I did one for Nxt 1.x (TokenExchange) as a consulting project which exchanged a Nxt currency with Bitcoins.  I’ve started adapting this project for Nxt 2.x (CoinExchange) to exchange a child coin (not necessarily BTC) with Bitcoins.  Going directly to fiat currency gets you involved in a lot of monetary regulations (AML, KYC, etc), so it is easier to use Bitcoins as an intermediate step.

…Nxt 2.x will contain a Coin Exchange where users can trade child coins with each other.  So the value of a particular coin will depend on what people are willing to pay for it using one of the other coins.

…Set up is the same but the ports have been changed to avoid conflicts with Nxt 1.x.  This means you can run both Nxt 1.x and Nxt 2.x on the same system (as long as you install them in different directories)…

We’ve also gotten screen shots of a child chain block and the Bundler screen. Step-by-step Ardor is coming!

Source and more information: https://nxtforum.org/general-discussion/(ardor)-it’s-coming/msg228608/#msg228608

https://nxtforum.org/general-discussion/(ardor)-child-chain-and-bundler-teasers/msg228714/?topicseen#msg228714

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NXT IN THE MEDIA

  • Le Monde Informatique – BNP Paribas Tests the Nxt Blockchain

Le monde informatique is the first to publish that BNP Paribas is testing multi-currency transfers between their subsidiaries in Germany, Netherlands and the UK, based on Nxt blockchain tech, as Jacques Levet, Head of Transaction Banking, explains. The bank is trying to benefit from the features that blockchain technology can offer, and no doubt that Nxt can provide a bunch of possibilities that others cryptos can only imagine, so it’s no wonder that this big entity has placed its eyes on Nxt.

Traditional operations and communications in banking organizations require a lot of resources and dealing with a bunch of intermediaries, which makes the process tedious, slow and more expensive. To try to solve this, BNP Paribas is searching for new solutions, like Nxt.

Cointelegraph and Coindesk have also echoed about this great piece of news but, unfortunately, it completely slipped their minds to recall that it’s not any blokchain but the Nxt blockchain specifically that BNP Paribas is testing.

Source: http://www.lemondeinformatique.fr/actualites/lire-bnp-paribas-teste-la-blockchain-pour-des-virements-internationaux-le-monde-informatique-66873.HTML

https://www.cointelegraph.com/news/banks-blockchain-race-bnp-paribas-sends-its-first-payments-from-germany-uk-netherlands

http://www.coindesk.com/bnp-paribas-clients-live-blockchain/

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  • Ledgerjournal – A Probabilistic Analysis of the Nxt Forging Algorithm

mthcl says:

I’ve published that “math of nxt forging” paper in an academic journal

With this words Serguei Popov, with the alias mthcl, announced that the first academic journal on blockchain technology, which is called Ledger Journal, published by the University of Pittsburgh, will include an in-depth article about the Nxt Forging Algorithm that he has written.

Popov has been doing a great and thorough job in this field for many years, as he’s been studying and analyzing how the block generation in Nxt (aka forging) works, probabilities of forging blocks by an account, concurrent blockchains, some possible attack vectors, and how Nxt deals with it. All of this is gone over in this great article.

More information: http://www.ledgerjournal.org/ojs/index.php/ledger/article/download/46/60

https://nxtforum.org/transparent-forging/math-of-nxt-forging

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  • Cointelegraph – Private Messaging: Swiftcoin vs Cryptamail

This article published on Cointelegraph by Angus Leung talks about the initiative started by John McAfee to set up  an anonymous email system using blockchain technology and how this project compares to Cryptamail, a project that uses the Nxt blockchain that has some advantages against John McAfee’s Swiftcoin.

Cryptamail is a 100% decentralized and email system built on top of the Nxt protocol that makes use of the Nxt Arbitrary Messages feature to achieve this objective. There is no central central server, so there is no third party to trust. There is also no central point that stores your messages, so there is nowhere to steal or even submit a request for your private data.  It’s completely secure.

[vsw id=”ycPv0eFJw-k” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Source and more information: https://cointelegraph.com/news/john-mcafee-to-make-email-systems-great-again-with-blockchain

http://test.nxter.org/ann-cryptamail-nxt-secure-decentralized-email
https://nxtforum.org/nxt-projects/(ann)-cryptamail-secure-messenger-proof-of-concept-built-on-top-of-nxt/?all

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  • Coinpedia – Nxt Listed in this CryptoCurrency Encyclopedia

Coinpedia is an independent and free online information hub that provides a platform for cryptocurrencies to introduce and update their information to the public. Coinpedia is an open and comprehensive general reference work on the Internet and has positioned itself to make a useful difference. Coinpedia is owned by nonprofit firm.

This week this CrytpoCurrency Encyclopedia has finally listed Nxt. There, the general public can get a brief introduction about Nxt, a listing of some of its features, such as the Monetary System and the Alias System, and some other basic information that will come in handy for newcomers to the cryptoworld and to this platform.

More information: https://coinspedia.wordpress.com/2017/01/02/nxt-the-blockchain-application-platform/

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  • Nxt Folks – Blockchain Spikes Again!

TheWireMaster wrote this interesting article published at Nxt Folks.  The author is glad to see the Bitcoin rally that took place last week because, in spite of the reason behind this price raise is unknown and could just be due to speculative moments, it draws people’s attention to blockchain technology. These are people who probably would never have heard of this technology if it hadn’t been for this exceptional exposure.

As he states in his article, not only Bitcoin but all the good cryptos like Nxt will benefit from this scenario, because once people has learned about this technology, it feels natural to search for cryptos other than Bitcoin that can offer a wider variety of features, such is the case with Nxt and Ardor, which the author reminds us.

Source: https://nxtfolks.com/2017/01/07/bitcoin-reaches-1000-and-interest-in-blockchain-technology-spikes-again

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

(Back to the Index)

Nxt news – December 2016 (III): The future belongs to those who believe in the beauty of their dreams

Newsletter-topDecember 2016 (III)

 

Here’s some of the latest news about Nxt over this past week in December.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • BetterBets.io – New Use Cases for Nxt

BetterBets.io, a platform launched some time ago by some of the members of Janus, is one of the most popular casinos with the highest volume among provably fair and secure bitcoin gambling sites.

Recently, it has been announced that BetterBets will help promote new use cases for Nxt. Representatives of Janus have choosen the original Nxt thread at Bitcointalk to remind us that the current Nxt 1.0 still has a long way ahead of it and has the potential to explode and that they intend to promote its expansion.

Remember, remember the 15th of December…. we are proud to soon add more use cases to NXT and provably fair betting will be one of them. All people are welcome, especially the Nxt/Ardor community as our team prepares for an awesome 2017 with you all!

bjorn_bb has also published a look into what will be an exclusive NXT game for this platform:

More information:  https://bitcointalk.org/index.php?topic=303898.msg17191730#msg17191730

https://nxtchat.slack.com/archives/janusproject (Link to join Nxtchat on Slack)

Under The Knife #Janus

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  • CoinTelegraph – Blockshow Europe

CoinTelegraph will host Blockshow Europe on the 6th of April, 2017, at Munich, which will be an international event of great importance in the blockchain field where developers, investors, companies, and great figures will present their initiatives and proposals for this technology.

A few days days ago, Dave Pearce of the Nxt Foundation brought this piece of news to the forum and confirmed that the Nxt Foundation is going to be there:

The Nxt Foundation is very proud to announce that the Nxt and Ardor community will be represented at the CoinTelegraph BlockShow Europe. We’ve got a booth/table in the main exhibition space, and will be organizing an Nxt/Ardor presence at the show.

We’d like to get as many Nxters as possible to Munich for this show, so reserve your ticket now, via Eventbrite, using our referral code NXTMUNICH :

Look forward to seeing you guys there, I’ll post more information as we get it.

Source and more information: https://www.eventbrite.com/e/blockshow-europe-2017

nxtforum.org/nxt-promotion/coin-telegraph-blockshow-europe-april-6-2017-munich

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DEVELOPMENT

  • Websioux – PHP Libraries for Nxt

User websioux has published the PHP libraries he created to use Nxt on the software he develops at Github. This PHP library easily lets you call the NXT API in your PHP projects AND a command line tool to facilitate node management and some blockchain queries.

I use it in my projects, I extend the CNxtApi class which contains the basics to query the NXT API to devellop more specific function. I cleaned it such it is always a good base to start with.

Making a request to your node in PHP then goes like this:

$oApp = new CNxt;
$oApp->aInput = array(
                'requestType'=>'sendMoney',
                'recipient'=>'NXT-SL44-R65Z-HMNZ-7WVJM',
                'amountNQT'=>'500000000000',
                'secretPhrase'=>'PUT_YOUR_HOT_WALLET_SECRET',
                'message'=>'Here is your payment',
                'messageIsPrunable'=>true,
                'messageToEncrypt'=>true,
                'feeNQT'=>100000000             
);
$oResp = $oApp->getResponse();

Just like websioux, many other developers who use Nxt also agreed to share their developments and tools with the community, so that all nxters can take advantage of it. Lurker10 keeps an updated listing with libraries, snippets of code, examples… from developers such as jonesnxt, ifinta, doctorevil, NxtSwe, ScripterRon, scor2k, Tosch110, among others.

Source and more information: nxtforum.org/nxt-projects/nxt-php-client-library

nxtwiki.org/wiki/The_Nxt_API

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NXT IN THE MEDIA

  • Bankingtech – Blockchain: a Real Opportunity for Retail Financial Services

In this article, Bas Wisselink of the Nxt Foundation explains how corporations are slowly but surely realizing the benefits that blockchain technology can bring to their business and how this technology can bringing more potential users to them, especially the young ones, who are used to carry out payments and some other operations using their mobile phone.

Nevertheless, according to Bas, blockchain technology won’t completely displace the current banking system because of the regulations, but it will add great new possibilities and replace some of the creaking infrastructure. Blockchain technology will bring new services to retail users in a very rational, comfortable, and transparent way, thus providing services equally to people living outside major urban areas by offering easy payments, cash management, data storage, money transfer, loyalty schemes, and a many other possibilities.

Source: http://www.bankingtech.com/606502/blockchain-a-real-opportunity-for-retail-financial-services

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  • Fintech Finance – Adel: Fuelling Innovation in a Fundraising Ecosystem

The current futures and security of Nxt, together with the new possibilities that Ardor will offer, are the perfect math for new startups, such as Adel. Fintech Finance has echoed Adel’s future ICO and explains in this article, with the help of Gabriel Dusil and Jan Lamser, two of the founders of Adel, about the mission and values of this platform.

Dusil explains:

It’s astonishing what people can achieve when they believe in something.In January 2016 my friend, Michal Vavrek had an idea to create a community-based ecosystem to fuel project innovation. So he flew to Amsterdam to meet with the Nxt Foundation, and they agreed to support the project. A few weeks later Miša approached me to co-found the company with him, and we began working on what would become Adel. Over the next three months we’ll introduce Adel to the world, with white papers, projects, infographics, and other materials. Our activities in the next few months will lead us to our Internet Coin Offering (ICO) on the 1st of March 2017.

Source and more information:  http://www.fintech.finance/01-news/fuelling-innovation-in-a-fundraising-ecosystem

https://dusil.com/2016/12/06/adel-creating-opportunities-for-blockchain-innovation

https://www.adelphoi.io

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

(Back to the Index)

Nxt News – December 2016 (II): Building on Ardor

Newsletter-topDecember 2016 (II)

 

Here are some of the latest news about Nxt over this past week in December.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

Below, are more details about these news pieces:

NXT COMMUNITY

  • Janus – Changes its ICO format

As we announced in our previous newsletter, Janus has decided to stop selling the token for its ICO in the it was being carried out. Investors who have already sent their money to the ESCROW account are being paid back. The ICO, however, has only had its strategy changed and now runs exclusively on the Nxt AE. Investors can choose to reinvest in the company by means of the new ICO format that the company has chosen:

bjorn_blockchain states:

Thank you to everyone who has supported our team and the Janus project. We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you.

However, this doesn’t mean that the project has been called off. Janus‘ team just decided to use Nxt’s Asset Exchange as the only method allowed for investors to take part in their crowdfunding campaign.

Those who wish to stay with our team and business goals can still share in our future to some degree.

We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

  • We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly
  • Price currently is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange.
  • Price per Janus each distribution will be change every 4 months no matter what the current price it’s trading at, it will be posted 50-100% higher.

Since the start of this first round of funding, the sales of the token show that it has been well-received by the community. The asset is called Janus with Asset ID: 4348103880042995903 and has been issued by the Nxt account NXT-QG74-VNQK-7FQ3-4KFBA.

Preliminary notice

But that’s not all.

We will add Nxt to Betterbets.io and each month calculate the 90% of the NXT earned (some months won’t always be profit, remember its a casino – people will win sometimes). I’m going to try and keep the dividends sent around the same time [each month].

To give you a quick backstory, right now our current investors (on the BTC end) receive monthly income from our casino on the 1st of each month. We will probably follow a similar process for Janus Nxt. This way you won’t have to think or ask – you’ll always know, ok the Janus team will be sending dividends on the 2nd day of each month.

bjorn_bb continues:

Once this officially launches on January 15th we’ll turn focus towards some marketing for the site until second week in February. Then Lobos and Luis and I will focus on prepping beta testing for the Social fintech site  and gain some user input. And cross your fingers we get a nice mainstream launch right around the time Ardor hits.

Source and more information: https://nxtforum.org/the-janus-projecthttps://bitcointalk.org/index.php?topic=1677509.0;all, Janus’ channel on Nxtchat on Slack.

ALSO READ: Janus – Under the Knife, review.

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  • Adel – Creating Opportunities for Blockchain Innovation

This week, there was an announcement on the forum about the future launching of Adel, a new cryptocurrency community that will benefit from the technology of Nxt, to create, develop, and implement use cases involving blockchain technology that covers a wide-range of digital and physical industries. Adel intends to utilize the innovations of the blockchain to build and coordinate profitable business, thus creating opportunities for investment, innovation, and employment.

The first in its series of whitepapers have already been published where details are offered about the the future operation model of Adel – Whitepaper Link.

On the 1st of March, 2017, the first round of funding will take place in order to distribute the Adel token, Adelphoi, among the participants with an ICO. The Adelphoi token will be launched on Nxt’s Asset Exchange and it will act as the fuel for proper operation of Adel.

Gabriel Dusil, Co-founder and board member of Adel, states:

Adel’s vision is to create a decentralized, self-regulated and self-sustaining macroeconomic ecosystem for blockchain innovation with a mission to be a global leader in community-based funding. Adel’s value is in the core principles of its ecosystem. This ecosystem promotes the use of blockchain technology, creating innovative solutions for various industries. By leveraging the expertise of the Board, R&D team, and its community members, Adel establishes a supportive and collaborative environment for state-of-the-art projects.

Source and more information: https://www.adelphoi.io

https://bitcointalk.org/index.php?topic=1706282.0

https://nxtforum.org/adel/(ann)-(adl)-adel-startup-incubator-for-blockchain-innovation/msg228060/#msg228060

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  • Alias System – New Infographic About Ardor

Travin Keith, of the Nxt Foundation, together with Savandra, have presented a new infographic that showcases a feature of the Ardor platform. This time, the feature chosen was the Alias System, which we can see below.

We’d like to remind you that the first infographic about Ardor in this series was devoted to the Coin Shuffle feature. Likewise, some Nxt’s infographics have also been published, such as: coin/asset shuffle, alias system and decentralized voting.

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DEVELOPMENT

  • NXTBridge – Add-on to the Plugin

Scor2k, developer of the NXTBridge plugin, which allows users to integrate Nxt in WordPress, has published a small update about this plugin at Nxtforum.

Small addon to NXTBridge plugin, which allow you to check unsigned transaction and sign it locally without internet connections. This addon we gonna use with NXTBridge when we complete the next stable version with the addition of a new NXT Wallet function.

Simple way to check this addon for its honesty is to run it on a dedicated browser with incorrect proxy settings (like 127.0.0.1:21344) with opened developer tools (F12) on Network tab.

Repository: https://bitbucket.org/scor2k/nxtbridge-offline
Direct link: https://bitbucket.org/scor2k/nxtbridge-offline/downloads/index.min.html

TheNxtBridge plugin is developed in collaboration with Nxter.org.

Push it forward by donating to the developer-> NXT-FRNZ-PDJF-2CQT-DQ4WQ

Source and more information: https://nxtforum.org/nxt-projects/(nxtbridge)-wordpress-plugin-for-nxt-users/msg228155/#msg228155, also see: Nxt news – December 2016 (I)

[easy-social-share]

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NXT IN THE MEDIA

  • Forbes – Nxt, ARDR & Adel

Roger Aitken published an article in Forbes.com which goes over the future launch of Adel, the blockchain startup incubator that will use Nxt to develop, support, and fund innovative start-ups. The article explains that the Adel ecosystem is made of stakeholders, registered community members, staff from across the world, a Project Review Committee, and the Adel Board, all together aiming to help projects achieve success.

The text also explains that Adel chose Nxt because of its proven track record as it provides a number of features that benefit the community-based ecosystem that Adel represents. Once Ardor is launched, (expected in the 3rd quarter of 2017) Adel will use its extended features as well.

Source: http://www.forbes.com/sites/rogeraitken/2016/12/06/adel-fintech-incubator-unveils-crowdfund-using-nxts-blockchain/#7d2a89453883

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

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Nxt news – December 2016 (I): Everything You Can Imagine is Real

 

Newsletter-topDecember 2016 (I)

 

Here are some of the latest news about Nxt over this past week in December.

DEVELOPMENT
NXT COMMUNITY
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

DEVELOPMENT

  • New Experimental Version NRS 1.11.1.e

Jean-Luc, Nxt Core Developer, has announced the launch of the new experimental version of the Nxt Reference Software (NRS), which includes a series of improvements and new features such as:

  • Implemented a “Store Remembered Passphrase” setting in the device settings page. When checked, the client stores the remembered passphrase in the local browser settings or mobile app settings so that the next time the client is launched,
    it will log themselves in automatically. The stored passphrase is deleted when logging out of the wallet.
  • Desktop Application now supports request confirmations when running as lite or roaming client.
  • Sign Transaction modal now signs the transaction bytes on the client side.
  • When the mobile app cannot connect to a randomly selected remote node, it will popup the device settings modal to allow the user to configure a specific node.
  • When the mobile device is offline, the device settings modal allows for the signing of transactions and generating tokens to support cold storage functionality.

iphone

Given that this is an experimental or “testing” version, precluding the launch of a stable version, we recommend that you be careful when using this software and trying out the new functionalities as it may contain some small bugs. However, in order to speed-up the development of a stable version of the software, it would be good to have many users test the new functionalities, especially with the new mobile wallet, in order to check if it’s working properly.

download-client-img

Source: https://nxtforum.org/nrs-releases/nrs-v1-11-1e/msg227832/?topicseen#msg227832

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  • NXTBridge – Nxt Plugin for WordPress

Scor2k, a developer, with the support of NXTER Magazine, announced NXTBridge, a plugin that allows you to connect your WordPress site to the Nxt Network, giving you the opportunity to show real time information about Nxt on your website. This opens up a wide range of possibilities to over 35 million people who have used WordPress to build their site.

The plugin lets you show:

  • Some asset information (Name, Initial quantity, current quantity, owner account, ID, last ASK and BID information).

  • Proposals for purchase and sale

  • Graph for the price with single line

  • Graph with candlestick and volume

  • In case that we need a more global vision, and not just info about one asset, we can have a look at the TOP 20 shortcut, which will show the 20 most traded assets for the last week. https://nxter.org/ASSETHUB#top20

Skor2k says:

In addition, we have a small road map for development:

  1. NXTBridge – Wallet
    • Login to WordPress with Nxt account ID.
    • View Nxt account balance in the Dashboard.
    • Create Nxt account for new users.
    • Send NXT tokens, place buy/sell orders.
    • Local signing of transactions – passphrase is never sent to a server or node.
  2. NXTBridge – Marketplace
    • Show shop data on a post or page

 

NxtBridge

If desired, NXT donations to the developer can be sent to: NXT-FRNZ-PDJF-2CQT-DQ4WQ

More information: https://wordpress.org/plugins/nxtbridge/

https://nxtforum.org/nxt-projects/(nxtbridge)-wordpress-plugin-for-nxt-users/msg227906/#msg227906

https://nxter.org/assethub

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NXT COMMUNITY

  • Under the Knife – Janus Project

Anyone who owns a bunch of NXT can issue their own asset on the Nxt platform and start promoting it. Since the creation of the Asset Exchange, there have been a considerable amount of good and profitable projects. But, there have also been some scams.

To help prevent and uncover these scams, Nxter.org presents Under the Knife, a new section that intends to provide in-depth and uncensored interviews with the asset issuers by asking them concise and, sometimes, awkward questions. These are the kinds of questions that some conventional media outlets usually don’t dare to ask. These questions will try to help the Nxt investor, usually skeptical about new projects because of some previous experiences that didn’t go well, clarify their suspicious about the legitimacy of a given asset or, at least, clarify some of the doubts presented.

The Janus team was the first to answer the questions in the very first interview in the series. It’s a really interesting interview that we recommend you read if you are interested in Janus.

janus-token-nxt-ae

UPDATE 1 – The threshold will be 3500 BTC. On November 30th, shortly after we published the interview, the Janus team released a statement in light of the current situation of the crowdfunding campaign.

bjorn_bb says:

Our team has reached an agreement after looking over several scenarios. We cannot properly justify allowing outside investors in Janus without proper funding.The threshold will be 3500 BTC or the project is not going to be available for the public. https://bitcointalk.org/index.php?topic=1677509.msg17042198#msg17042198

Please read the post and thanks for your understanding in our reasoning.

We’ve come to the reality that it would be unjust to investors to operate on budgets that would not allow us to meet deadlines. Launching a business and timing it to meet expectations of investors is something I take very serious. If underfunded I’d be held accountable for making deadlines without having the proper staff to deliver in said time frames. If the threshold is not reached by Dec 31st you will be refunded of course.

UPDATE 2 – The Asset Exchange will now be used for the ICO. On December 4th, Janus announced that it’s clear for them that they won’t meet their funding objectives with the current campaign and so a refund will be given to all investors and a new ICO method will be chosen.

bjorn_bb says:

…We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you…

Those who wish to stay with our team and business goals can still share in our future to some degree. We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

  • We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly
  • Price initially is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange.
  • Asset Id: 4348103880042995903
    Name: Janus
    Issuer: NXT-QG74-VNQK-7FQ3-4KFBA
    Link: https://www.mynxt.info/asset/4348103880042995903

One of the best suggestions from the community was to allow for a staggered investment cycle in order to show business progress and launch over time. This way will allow those who did not purchase Janus initially, to still have a chance to take part in our mainstream global business success. Instead of dividends, our team will use site revenue to perform unscheduled buybacks to reduce supply and help appreciate token value

More information: https://nxter.org/janus-btc-ico-cancelled/

https://nxter.org/ico-janus-on-the-nxt-ae/

https://nxtforum.org/index.php?topic=13032.msg228025#msg228025

Janus interview – Under the Knife

Janus ICO

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  • Initiative for Starting a Nuclear Regulatory Commission Using Nxt

User @Infinta has announced the launch of a Nuclear Regulatory Commission using Nxt. This association intends to show the current worldwide nuclear situation and to achieve the support of a large amount of people in every region of the world to perform some actions against it and change the situation.

Infinta says:

Target – To show how many people are actually active in the crypto world against nuclear hazards. Act politically in different countries for this target also. i.e.: Act to dismantle the nuclear weapons.
Membership fee – You should pay some NXT weekly to this NXT account: NXT-KEBX-4722-NRWF-CBWPF and you is a member. You can vary your payments. If you pay at least 1 NXT – you wish remain a member in the whole calender month – if you pay at least 10 NXT then you wish remain member in the whole calender year.
Rules – This club remain open for everybody to join, and you can leave it if you wish. If you leaved the club you can join later. All payments will be used to support the target of this club.
What we have already:
– three members
– I have enough resources to start (time, money and ideas)

nuclear

Some of the reasons why Nxt is a good tool for this club include:

– Nxt is ready to use
– Nxt is well tested
– Nxt has a great community
– Nxt has great programmers
– Nxt is a distibuted peer to peer system
– Nxt is international
– Nxt has a messaging system with encryption
– Nxt has a voting system
– Nxt has a value

Source and more information: https://nxtforum.org/news-and-announcements/(ann)-the-nxt-nuclear-regulatory-commission

https://nxtportal.org/polls/17647596660647639058

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  • Snapshot – The First Few Fortunate Readers Have Already Received Their Book

The first few nxters who have received the book have already been able to read, touch, and smell a piece of Nxt’s history. Some of them have shared pictures from many different countries in the world through the forum or using Nxtchat on Slack to share their happiness with the rest of the Nxt community. Thank you all for your support!

snapshot_book4If you want the book, you are still on time to buy your limited edition printed copy of the Nxt book  “Snapshot – Unsurpassable Blockchain Solutions” (Product ID:  11528988686656082668 from the seller NXT-DE5P-4A5T-6SHU-7FHCV) on Nxt’s Market.  Hurry up and don’t miss this opportunity!

nxt_book_marketplace

Or, if you prefer, you can also buy the digital edition of the book (Product ID:  17374259728781079996 from the seller NXT-DE5P-4A5T-6SHU-7FHCV) at a fixed price of 1600NXT

More information: https://mynxt.info/good/11528988686656082668

https://mynxt.info/good/17374259728781079996

https://nxtforum.org/general-discussion/snapshot-the-birthday-present-for-nxt/?all

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  • Damelon – Don’t Feed the Trolls

Bas Wisselink (aka Damelon), member of the Nxt Foundation and Jelurida, has publicly expressed his displeasure in front of the opinions shared by some types of users that every now and then try to misinform and destabilize the Nxt community, by saying falsehoods and spreading uncertainty and trying to cause chaos.

Damelon says:

Let’s be clear: the devs are visibly very busy with Nxt and invisibly on ARDR. They have invested over half a year in building a company to make sure that it is sustainable. I have also been involved in this and I can tell you starting up three companies to make sure these things are done right is not an easy path, but definitely worth it.

For those wondering how a company meshes with creating Open Source software, I invite you to look at for instance this list: https://www.quora.com/Who-are-the-most-successful-open-source-based-companies.

There is no inherent conflict between Open Source and incorporation, especially if the people starting it have a track record of delivering consistent value and being dedicated to Open Source. The dev team is building, and yes, our dev team is a lot more boring than other projects out there. This is one of the reasons I have always loved Nxt, because boring tends to get things done right.

Do_not_feed_the_trollsBesides this, he states:

Both Nxt and Ardor are actively being developed… Nxt has had several updates over the last months, and Ardor is being developed on the development branch.

If price speculators choose to go somewhere else: let them. They will come back once news breaks again. If the only way to attract them is to keep putting out PR that is empty of value and just teaching people to chase the latest glimmer of tinsel, then I don’t care to do that. Never have, never will. In the long term, it’s messing up the industry and I’d rather build something lasting.

Building stuff that lasts is usually boring. Well, we’re extremely boring at this time. And that’s a good thing.

Travin (marenkar), also from the Nxt Foundation, adds:

NXT has a market cap of close to $6m and ARDR has a market cap of about $9m, for a total of about $15m. So the devs should just stop working on Ardor completely because the total value of both platforms, with one not even having testnet yet, is a “low” $15m?

More information: https://nxtchat.slack.com/archives/general/p1480770091013660

https://nxtforum.org/index.php?topic=85.msg227974#msg227974

https://nxtforum.org/index.php?topic=85.msg227979#msg227979

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week

nxt_btc_4dic2016

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

ardr_btc_4dic2016(Back to the Index)

Nxt news – November 2016 (IV): Good Wine Gets Better with Age

Newsletter-topNovember 2016 (IV)

 

Here, we bring you some of the latest news about Nxt over this past week in November:

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

 

DEVELOPMENT

  • Hack for Democracy: First Hackathon about Online Voting

Martis has announced, on NxtChat on Slack, a hackaton for elections, organized by Tech City Lithuania, which will take place from the 2nd to the 4th of December, 2016. Since one of Nxt’s most exclusive and groundbreaking features is the Decentralized Voting System (which, in some occasions, has already been used by some other  corporations), it might be beneficial for some members of the Nxt community take part in this hackaton.

Here’s the original announcement that was published on Slack:

Democracy is not inevitable or a given; it must be sustained and strengthened by each generation. Today, democracy in the World is challenged by unlimited political contributions, polarized legislatures and opaque processes. Nevertheless, technology can make an important contribution toward improving democratic institutions.

With a strong belief in technology, “Tech City Lithuania” is organizing a hackathon focused on elections, politics and open democratic processes.

How can you participate?

Do you have an idea how to organize online voting? What tools do we need to improve data security? What data would make elections more transparent? Join civic hackers, data analysts and designers to make progress on these and other questions related to elections and politics.

Tech_City_Lithuania

These are the main tasks to be solved during the hackaton:

1. Display of voting results in real time
2. Data security
3. Voter identity authentication
4. Voters’ activity
5. Trust (possibility to check, that their vote was not changed and for vote anonymity)
6. All solutions in one

This is why they are looking for coders who could participate in it. People interested in helping with this event to use the Nxt blockchain should join the #developers channel on Nxtchat on Slack.

Source: https://nxtchat.slack.com/archives/general/p1479983457012945

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NXT IN THE MEDIA

  • CryptoHolics – Interview with Travin Keith and Dave Pearce

Cryptoholics did an interesting interview with the members of the Nxt Foundation – Travin Keith (AKA marenkar) and Dave Pearce (AKA evildave).

After a short introduction, Travin and Dave started the interview with a thorough explanation of the differences between Bitcoin and Nxt, pointing out the innovative and disruptive features that it has. Nxt isn’t just a coin, because it also has an Asset Exchange, Coin Shuffle, Data Cloud, as well as an official NRS client loaded with these functionalities and more. Anyone can create their own asset at a ridiculously low price. as well as use systems for many other functionalities that turn Nxt into a really complete decentralized cryptoplatform.

[vsw id=”sju2KIStV_I” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

The interview also deals with other subjects, such as:

– What Ardor is and what it intends: Dave and Travin explains how Ardor will have a main chain and a lot of child chains. This way, the blockchain bloat problem will be solved and anybody can launch their own chain secured by Ardor (the users of the chain won’t need to own ARDR), all while many transactions will take place per second.

Roadmap for the coming years: Governance in a decentralized community, what the current and future situation of cryptocoins are, and the Hyperledger project…

Source and more information: CryptoHolics Ep.03 – Interview with Travin Keith & Dave Pearce from the Nxt Foundation

https://twitter.com/cryptoholics

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  • IBS Intelligence – Nxt’s Third Birthday

This past week, Nxt celebrated the third anniversary of its launch. Nxt was launched on the 24th of November, 2013, at 12:00 GMT. This 2.0 blockchain, also the first 100% PoS one, has had many changes and suffered big evolutions since its inception. Innovation and the inclusion of new features have been a constant trend during these three years, thus keeping Nxt at the forefront in its field and establishing a great level of security that some other supposed alternative coins can’t even imagine, all together with a passionate community surround it. So… HAPPY BIRTHDAY NXT!

Scott Thompson, editor at IBS Intelligence, wrote an article about Nxt where some current usage statistics are shown. Among them include: 2.3 million of transactions made, 160 000 accounts opened and 800 assets issued. Bas Wisselink, as a member of the Nxt Foundation and of Jelurida, also takes part in the article by expressing his hopes about the future of the platform.

bday3

Source: https://ibsintelligence.com/ibs-journal/ibs-news/nxt-celebrates-3-year-anniversary/

https://bitcointalk.org/index.php?topic=303898.msg3694805#msg3694805

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  • Snapshot – Most Units are Already Sold

Next Tuesday, November 29, 2016, will be the last day people are able to buy the printed edition of the book Nxt – Unsurpassable Blockchain Solutions on Nxt’s Marketplace.

Ludom says:

How to buy the printed book
If you want to buy the printed collector book (200 numbered unit), you can buy it on our Nxt shop : NXT-DE5P-4A5T-6SHU-7FHCV.

This shop is open from 22nd Nov to the 29th Nov. The price is ~35$ in NXT, the price will be updated regularly.

The world wide shipping costs are already counted in this price. Don’t forget to send me your postal address.

How to buy the ebook (PDF+EPUB)

You can buy the e-book all the time on the shop. The price is 1600 NXT.

We’ll send a download link in the delivery message. We’ve already sent the download link to the assets holders (ebookeng, ebookfre, ebookrus). This assets don’t have any value now. If you want to buy the e-book, you’ll have to use the Marketplace shop.

captura-de-pantalla-de-2016-11-22-13-17-49

More information: Nxt news – November 2016 (III): I’m not young enough to know everything

https://mynxt.info/good/11528988686656082668

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NXT COMMUNITY

  • Come-From-Beyond – Publishes BCNext Account’s Private Key

During these celebrations, Come-From-Beyond, one of the first developers of Nxt, made the following announcement on BitcoinTalk:

BCNext decided to stay anonymous. To execute his will I publish the private key to 1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a address which was used to sign his messages, till today only BCNext had access to the key, since today everyone does. Feel free to take those few satoshis left on the address.

This surprising and brief message has served, for some community members, as confirmation to their suspicions, and it has taken them no time to assert that BCNext’s true identity is CFB, a presumption that has been in their minds for a long time, but lacked substantial evidence. For those people, this has been the definitive confirmation.

However, some other voices claim that, despite this suspicious statement, there are still some reasonable doubts about the real identity of BCNext, because many members of the original development team could have previously accessed that private key (and not just one person), so it will be impossible to assert who truly is the real person behind BCNext.

bcnext

The ambiguity in the message from CFB (maybe consciously, maybe not) won’t let us draw definitive conclusions, and it makes all theories, to some degree, plausible. And maybe the lack of definite and undeniable evidences is the best because, this way, all Nxters can keep their mental picture of the person who was able to reflect the great, brilliant and original idea that, in the end, has resulted in the Nxt we know today. The debate is still on, so… Imagine!

More information: http://test.nxter.org/bcnexts-nxt

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  • NXT Debit Card – Make purchases with your NXTs

User nxtdebitcard, a newcomer to the community, announced a few weeks ago on Nxtforum.org about the first NXT-funded debit card, together with a service for recharging your mobile number all around the world and many other services, all of them offered by the UQUID team.

Some of the advantages announced by the card issuer are as follows:

No deposit fee – Anonymous – Multi cards buy support – Fast and free delivery

To be able to use it, we have to sign in to UQUID, where a new Nxt account will be assigned to us, so that we can make our deposits. The NXT sent there will be automatically converted to USD/EUR, at market price, by means of the Shapeshift service.

As with any other service, prior to using it, we recommend that everyone carefully reads the terms of use and the fees charged when using that service which, sometimes, can be significant. Some well-known forum users have already tried the card in a test buy with no problem.

I can confirm, that I ordered card and received it (in 2 weeks). Funded it and spent some EUR in shop with it.

However, Bitcoin debit cards have been around for quite some time, like the ones offered by Wirex, Xapo, etc. Since the Nxt Reference Software allows us to directly use the Shapeshift service, by means of a couple of clicks we can convert some of our NXT into BTC, and use them to recharge our Bitcoin debit card on the platform we choose. We could also use the Nxt  Asset Exchange to buy SuperBTC (every SuperBTC asset is 100% backed with real BTC) in a decentralized manner, and use the Multigateway services to send these BTC to our card’s deposit account.

shapeshift

As we always do, we’d like to remind you to take the necessary precautions when trusting your NXT with third parties. These services use Nxt but are not a part of Nxt, so the security level offered by the NRS (where only you know your secret passphrase and where you can even set greater level of security with the Account control) won’t be the same once we’ve sent our NXT to these centralized external platforms.

Source and more information: https://uquid.com/nxt-debit-card

https://nxtforum.org/general-discussion/nxt-debit-card-mobile-top-up-with-nxt/?all

https://bitcointalk.org/index.php?topic=1588857.0

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_27_nov_2016

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

ardr_btc_27_nov_2016
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Nxt news – November 2016 (III): I am not young enough to know everything

Newsletter-topNovember 2016 (III)

 

Here, we bring you some of the latest news about Nxt over this past week in November

NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

NXT IN THE MEDIA

  • NXT Folks – The Next Step

re-issues an article previously published in 2014, a time when the author was very excited about the potential of blockchain technology and the social implications that this technology would bring with it. The article details the several issues that the Bitcoin was going to face if it was going to be used massively as a coin. The text also goes over the great features that Nxt has which solves some of the previously exposed problems which are inherent to other PoW and PoS coins.

It’s amazing to see how, after two years have passed, many of the initial objectives that Bitcoin and other blockchains were hunting at that time have been abandoned or changed towards other ones – a clear signal that this technology is still very much in its early stage and has a long way ahead.

Nxtfolks2

Source: https://nxtfolks.com/2016/11/15/the-nxt-step-written-in-july-2014/

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  • Entrepreneur Podcast Network – Investing in Bitcoin and Blockchain Technology

This article explains how the cryptocoins markets are attracting attention of different kinds of speculators, some of whom are without an adequate background, who come to these markets distracted by siren calls by many testimonials who assert having won big amounts of money in short periods of time.

However, the text recalls the risks of operating in such volatile markets, where big oscillations in the price of coins usually take place. These markets aren’t backed by any government, nor are covered by government insurance programs. Besides this, in many of these coins, especially the ones with smaller market caps, tokens are staked by a small group of speculators who are able to move the price up and down at their will, usually in order to improve their profits.

The author also details some of the amazing features that Nxt, a blockchain 2.0 platform, has, that when Ardor is launched, will be available to businesses when issuing their own child chains. This way, unlike most crypto coins out there, it will become a full-featured platform and not just another coin as Nxt technology could be used for a wide variety of real life applications in business.

entrepreneurpodcastnetwork2

Source: http://epodcastnetwork.com/investing-in-bitcoin-and-blockchain-technology//

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  • EUREM 2016 – First Blokchain Hackaton in Moldova

Lee Gibson Grant of the Drachmae project, together with the Academy of Economic Studies of Moldova will hold a Blockchain Hackathon on the 24th of November, 2016, within the congress EUREM 2016. This Hackathon that will take place in Moldova will use the tools and features provided by the Nxt blokchain. Topics for the Hackathon are based on four categories to be presented to judges and technology demonstration: Digital Identity, E-Governance, Financial inclusion and Economic stimulation.

The Academy of Economic Studies of Moldova, is organizing on November 24 – 25, 2016, the International Jean Monnet EUREM 2016 Conference “Modern issues of EU’s development and relations between EU and Republic of Moldova”.

in order to assess how technologies can help Moldova to better integrate into European and global networks, within the EUREM 2016 Conference the following events are organized by Drachmae Project to present introductory workshops for blockchain technology to EUREM Attendees.

hackatonSetting up such a big event requires a lot of time and involving many parties and people. That’s the reason why Lee has made the following call to the members of the Nxt Community who are able and willing to help:drachmae

Source and more information: https://nxtchat.slack.com/archives/general/p1479319871012219

Techannouncer.com – Successful trends and prospects of the Moldovan economy adjusted to EU norms and introduction of Blockchain Technology

https://www.eventbrite.com/e/1st-moldovan-blockchain-hackathon-tickets-28450185270?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&aff=esfb&utm-source=fb&utm-term=listing

http://www.ase.md/eurem.html

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 NXT COMMUNITY

  • NXT on the Exchanges – How to integrate it

All the information and steps required in order to integrate NXT in exchanges has been recently added into the Nxt Wiki. This document will only become a final document just after a thorough review has taken place.

This new entry intends to make it as easy as possible for exchanges so that users can buy and sell NXT/ARDR on their platforms.

business-1730089_640

Source: https://nxtwiki.org/wiki/Exchange_Integration

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  • Nxt 2.0 Child chains – Not a Sharding Scheme

Last week, we mentioned that Riker, a Nxt core developer, considered Nxt, ETH, Bitcoin, etc. as examples of blockchains that can’t grow indefinitely. When Vitalik Buterin, Ethereum core developer, was asked about it by one of his followers, he stated on Reddit:

“The NXT 2.0 design last time I reviewed it still requires all nodes to either process all transactions or store all data, so it’s not a full sharding scheme.”

However, the Nxt 2.0 roadmap (a document which, obviously, Vitalik hasn’t had time to read), states that this is not about setting up a sharding scheme, but pruning unneeded data once a certain time has passed.

Riker said at Nxtforum:

In NXT 2.0 all nodes still process all transactions but only store the last 24 hours of each child chain.
However, we should have the ability to separate each child chain into it’s own subnet of nodes, so that only the Ardor chain transactions are validated by all nodes.
Recall that each child chain block becomes ChildChainBlock transaction on the Ardor chain so the potential savings is in the ratio of 1:100 or more.

I tried to learn about Ethereum sharding but only found 20 minutes of mostly hand waving presentation by Vitalik https://www.youtube.com/watch?v=-QIt3mKLIYU from which I learn that the blockchain will be separated into “shards” and then magically using a lot of “Merkle contracts” and “Merkle proofs” and “Async contracts” it would somehow allow transactions between these shards, if anyone understands this better I’ll be happy to learn more and compare this to our clearly explained NXT 2.0 roadmap.

I also found a semi-deserted github repository https://github.com/ethereum/EIPs/issues/53 in which Vitalik further explains his vision. This seems to be more of a vision then a real design document.

And it doesn’t look that Ethereum made serious progress on this since the concept was introduced last year.
Did anyone see a clearly defined Ethereum 2.0 roadmap?

riker

Source and more information: Nxt news – November 2016 (II): Don’t be a magician – be magic!

https://nxtforum.org/general-discussion/child-chains-in-nxt2-0/msg227530/#msg227530

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  • Tipper Service –  Version 0.1

Nxtswe went over the latest novelties for tipper, the tipping monkey on Nxtchat on Slack:

  • Blockchain backup. Tip bot can now automatically back up each user’s account information in encrypted form on the Nxt data cloud by setting the config key blockchainBackup to true. This will require 1 NXT per created account. In return all you ever need to store is the masterkey, and you will be able to restore all data in the event of a hard disk failure.
    This is currently being used on Nxtchat and the data can be seen in the NXT client under data cloud and tag “tipbotdata”.
  • Moniker support for assets & MS currencies. For example, by giving the ARDR asset monikers “Ardor” and “NXT2.0” you can use those names for tipping as well as ARDR.
  • List command. Lists all assets and MS currencies currently supported by the tip bot, as well as their monikers and a link to Nxtportal for further information.
  • Tip & withdraw using Nxt id. Added ability to tip & withdraw assets / MS currencies using their respective Nxt id in addition to their name and monikers.
  • Balance command lists all assets/currencies. Balance command now also show unsupported assets / ms currencies. That means if your Nxt account owns an asset that is not supported by the tip bot, it was previously not shown. Now it will show up, with a warning saying it is an unsupported asset.
  • Withdraw unsupported assets & currencies. Withdraw command can now be used to withdraw unsupported assets / ms currencies. However only by using their respective NXT id. For example:
    “withdraw NXT-4TTB-QL93-SS6H-BW3GX 5 12071612744977229797”
  • Bugfix. I have been hunting down a bug which caused the bot to crash on *nix systems for many weeks now and I believe I have found it and fixed it. The problem is however intermittent and does not happen in my development environment, so only time will tell if I really nailed it this time. crossing fingers

I still consider this beta software, so please only use small amounts when depositing.
In the event of funds getting lost due to a bug I will personally repay you, but only if it is reasonable small amounts.
Max 1000 NXT per account.
Thank you!

Tipper_monkey

Source and more information: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/msg227540/#msg227540

https://github.com/libertyswede/NxtTipbot/releases/tag/v0.1

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  • Janus Token – Questions and Answers

The Janus team has been mentioned in an article at BTCmanager.com. In this interview Robert Gasch, Janu’s Director of Technology, gives new details about this project. Robert also takes advantage of the situation to thank the Nxt Foundation for the assistance given in order to properly launch this business on the Nxt platform.

Janus has also published a Q&A with questions about the project from the Nxt Community:

We have been collecting questions from the Janus community on Slack, Twitter, Google+, and a number of forums to bring some information together in a single location. If you are curious about the Janus project please look over this document

Those of you who want to participate in the ICO have to register at janustoken.com. That webpage details all the information about this new asset and the terms and conditions for the ICO.

Riker, Nxt core developer, congratulated the Janus team for its website:

Hi guys, just registered in your web site. Very sleek design and everything works as it should, including 2FA. Well done.

janusIn the near future, we intend to interview some of Janus members at Nxter.org and ask them some key questions about the project.

Source and more information: https://janustoken.com

https://nxtforum.org/the-janus-project/janus-(jns)-blockchain-secured-global-business/msg227583/#msg227583

https://nxtforum.org/news-and-announcements/janus-(jns)-blockchain-secured-global-business-token-sale-live/msg227608/?topicseen#msg227608

https:[email protected]/janus-a-stock-token

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  • Snapshot – Collector’s Edition

The publisher Plaisir d’histoire has just received in its warehouse 200 copies of the collector’s edition of Snapshot, the first book about Nxt. sy1owo

115 books were funded during the crowdfunding campaing that took place a few months ago. The 85 books left will be sold on Nxt’s Marketplace. There’s also an unlimited digital edition that can be bought in different platforms. Each of the books are given a unique serial number by hand.

And naturally, the book number one is earmarked for BCNext, the creator of the platform.

rsezk6

More information: https://nxtforum.org/general-discussion/snapshot-the-birthday-present-for-nxt/?all

https://nxtforum.org/general-discussion/(crowdfunding)-the-first-book-about-nxt/?all

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  • Ardor Guide – Reaches 500 Followers

Our collegues at Ardor Guide just broke 500 followers on Twitter in record time. Not bad at all for this page dedicated to a platform ,Ardor, which isn’t expected to be launched until the second half of 2017.

Source: https://twitter.com/ArdorGuide

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

nxt_btc_20_nov_2016The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

ardr_btc_20_nov_2016(Back to the Index)