NXTER.ORG

IGNIS Airdrop

The holiday season is upon us and soon free IGNIS tokens will rain down into your Nxt accounts! 500M IGNIS tokens will be airdropped on NXT coin holders at the New Year!

What is Going On?

On Dec 28, 2017: a snapshot of the Nxt blockchain will occur:

Jelurida takes a snapshot of all NXT accounts with everything in them, including the NXT you hold, your registered aliases, account properties, your NxtAE (asset exchange) portfolio, Marketplace items, Monetary System coins, etc. The state of the blockchain. Your NXT balance @ the snapshot block determines how much IGNIS you will get: 1 IGNIS per 2 NXT.

With the snapshot block, some coins and trading markets will be temporarily frozen.

These tokens will, temporarily, become untradeable: ARDR (the Nxt asset which represents ARDR tokens on the Ardor blockchain platform), JLRDA (which represents the IGNIS tokens sold during the ICO), Janus (which will be re-issued on IGNIS/Ardor), and also BITSWIFT, which will be reborn as an Ardor child chain, along with Ignis, with the Ardor Genesis block.

The Ardor platform and its first child chains will launch on 1/1-2018 0:00 ETC.

From that moment, when the Genesis Block is forged, the markets for the beforementioned tokens are open again. For every 1 NXT you have in your Nxt account on Dec 28, at the time of the snapshot, you will find an additional 0.5 IGNIS, on the Ardor blockchain. You can already log in to the Ardor testnet with you current Nxt account ID and see how it works. Also, 10% of the BITSWIFT child chain tokens will be distributed to IGNIS holders. Not because of the JPL license, but because Bitswift has decided to reward the Nxt and Ignis community, with an extra Xmas gift to holders!

NXT and IGNIS

IGNIS is the transactional token of the unrestricted open to all blockchain 2.0 Ignis child chain, spawned from Ardor, the scalable disruptive platform that Jean-Luc, Nxt lead developer since 2013, and Jelurida, have created.

Those that listened know that the Nxt platform will not become obsolete but will be taken care of, as a perfect showcase for Jelurida and a still relevant featureful public blockchain, under the JPL license. The JPL (Jelurida Public License) aims to protect investors in the NXT token, while at the same time keeping the core code open source. According to the JPL, any clone of Nxt must distribute 10% of the newly issued tokens among NXT holders, proportionally according to their stake in NXT.

Jean-Luc explained:

[With JPL], unlike the GPL, in addition to the copyright owner (Jelurida) any token holder can initiate a claim, because he has incurred a loss. It will also be much more straightforward to demonstrate the total monetary value of such losses, as 10% of the marketcap of the infringing clone.

IGNIS inherits all the features of NXT. Plus more. Much more.

Ignis is spawned from Ardor. The Ardor server software can run on a mobile phone, a Raspberry Pi or a VPS, and anyone with ARDR can earn fees from forging ChildBlocks (blocks of bundled transactions made on Ignis and other Ardor child chains). Forging is Nxt and Ardor PoS’s equivalent to PoW “mining” and secures the full Ardor network.

Other ways to support and monetize the network is (currently) Bundling or running Archival Nodes.

Child chain transactions are not forged on the child chain but are bundled and sent in blocks to the Ardor parent chain, which forges, files, and secures them. Anyone can become a Bundler, and bundle child chain transactions. It takes ARDR to be a Bundler, because the Bundler must transfer ChildBlocks (those consisting of bundled child chain transactions) to the Ardor parent chain. Ardor only accepts ARDR. Bundlers are paid in child chain tokens for their service. They set their own fee.

Archival Nodes expand the default network when it comes to storing data on the blockchain. Messages sent between accounts as well as other kinds of encrypted or public data uploaded to the network are “pruned” from child chains. Only hashes are stored, which makes the child chains scalable – unnecessary bloat is removed at regular intervals. Archival Nodes, on the other hand, store pieces of data, so they can be dug up and used. Thus, Archival Nodes provide a distributed data storage network to Ardor’s blockchain ecosystem – which, of course, also can be monetized. This is already built into the platform. The first archival node service provider will be Jelurida, but competition is welcomed.

Smart Blockchain

IGNIS lives on and communicates with this full network. It’s part of a scalable platform; Ardor, the advanced EXISTING BaaS platform, which allows transactions to be sent across the full network of child chains, globally. For example, an asset that is issued on Ignis will become instantly tradeable on all child chains that support the AE. Be they business token child chains or simple gateway child chains with tokens pegged to other cryptocurrencies or a bank/government-backed fiat coin, like DKK, EUR, USD, YAN, which you can deposit/withdraw directly to your bank account. On top of this, Asset tokens can be issued with their own unique rules set and specified- like, if they can be traded by all, or only by selected accounts, pre-approved by the issuer of the asset, or tagged in the blockchain as KYC/AML/CTF compliant accounts. Also, Ignis currency tokens (MS-coins) can be traded between child chains. Whatever you do, you can scale it. Whatever you do, it is in your control, finally.

I think that the Nxter Magazine should soon begin talking about use cases. Or about building commercial applications on the public blockchain. Maybe we could even run a contest! Describe a use case that solves a problem for you, and win!

It could be a lot of fun. Those that win the contest by vote, could get an advisory board, some initial funding, marketing and possibly a partnership arrangement with core Nxters. Nxt, IGNIS, and Ardor are supposed to solve real problems, you know, and the tech is capable of it. As IGNIS and ARDR appreciate in value, and with our sponsorship with Jelurida we *could* make this happen. Follow, learn about Nxt and Ardor, sign up for the news. Maybe we will make such a contest. Until then, feel free to post ideas for use cases in the comment field. Here’s why:

Use Cases

One of the most important aspects of Ignis is what it offers to the developer; e.g. businesses, local societies and even to national governments. All the advanced basics of connecting your use case to the blockchain are covered. Tested, reviewed and approved in the wild, Ignis (and the NXT and Ardor platforms) offers working executable secure inbuilt smart contracts, that developers can combine into the use cases he/she/the customer wants, as easy as with Lego bricks, with the API.

Right off the bat, Ardor is a well-prepared infrastructure of an entire economic system, with all its twists and turns, an infrastructure built on the blockchain, which is ready to go global on January 1st.

New GUI’s, apps and Dapps (decentralized apps) are expected to emerge:

Bitswift:

The child chain infrastructure seemed to solve all of the problems we were looking at, blockchain bloat, reducing fees, fast confirmations, everything we want it comes with to start building on.

Our rewards network is built on top of this blockchain technology which ensures stability, reliability and transparency, while maintaining exceptional performance.  

Dan Charbonneau, CEO of CBT Nuggets:

[Our] learners will buy training content with crypto and consume the content. We’re developing a cryptocurrency to be deployed as an ARDR child chain that will provide a financial incentive to learning. There are quizzes throughout the content so you can prove you learned the material. When you answer the quizzes correctly, 30% of your purchase price is returned to you. In addition, everything you learn is stored in the blockchain so we will maintain a lifelong record of learning for you.

When you interview for a job, you’ll be able to show the interviewer everything you’ve learned. The transcript will of course be private only for you and shared with the people you choose. The value of our cryptocurrency will be pegged to ARDR on a 1-to-1 basis. The initial launch will be with 50M of the new cryptocurrency paid for with 50M ARDR. The currency will be redeemable on a 1-to-1 basis for ARDR so it has value out of the gate.

I’m hoping this changes education worldwide, providing greater access to quality content and adding competition and the principles of the free market economy to education at all levels.

Alex Pfeiffer, University of Danube – Center for Applied Game Studies:

As we talk on a daily basis with Jelurida (…) at the moment I am 100% sure about doing the following “proof of concepts”. I can speak about my plans but I don’t like to reveal any partners before the ink is dry ;).

Doing my research for several months I switched all my developing plans first from Ethereum to Ethereum Classic and finally decided to fully go on Nxt and later Ardor for my plans regarding setting up new ecosystems.

I also decided to work with Ardor and Nxt for a very simple personal reason. I am economist, social scientist, game designer and conceptional developer. I am not! a “real” technican. Working with Ardor gives me the chance to understand most of the stuff the tech people are doing with it and it enables me to chance things and not crashing the system.

Adel:

Adel is built on the Nxt platform which has numerous features that will be extended to the Adel ecosystem. [Adel] will move to the Ardor platform, once it is deemed suitable. With this foundation of advanced blockchain features, the Adel ecosystem can focus on project development, best-in-class business practices, and an efficient and self-sustaining community. Adel will continue to capitalize on the features of Nxt and Ardor as both evolve.

So, What Is Next?

The “Bitcoin-thing: transferring money, is one use case of the blockchain; but Ignis and Ardor bring ALL the Blockchain 2.0 ideas to life. Ideas like running secure proven smart contracts on a scalable decentralized blockchain infrastructure, not with the old energy-wasting PoW algorithm but an energy efficient and green 100% PoS algorithm.

You can build decentralized applications with little coding experience on Ignis. Run your own business on Ignis, even create a DAO. Or with Ardor you can get your own child chain, it’s scalable, connected to the network. The impact and transformative nature of the changes to businesses and governments that the Ardor / Nxt / Ignis blockchains bring are unimaginable.

To old Nxters, this is not news. But it must be said: on January 1st, 2018, Ignis, Bitswift and Ardor will launch. Almost everything envisioned by the great, early Bitcoin (and Ethereum) blockchain visionaries will be doable and live with Ignis and Ardor. One can only hope that the launch on Jan 1st will spark a disruptive network effect. And oh yes, you can be part of it! Begin by sharing this article.

Learn about the utilities of Nxt and Ardor, and apply it to your own life and see which problems you can solve with it. Share it with us.

Exchanges

We have all seen the price of NXT and ARDR increase. I see it talked about a lot in forums, slacks, and on social media, and I spend a lot of time giving answers to folks who want to know if they will get IGNIS, ARDR and BITSWIFT if they hold their NXT on either this or that centralized exchange. Short answer: Why would you?

I have used NXT for a long time. Now Ignis and Ardor are coming. I know, for a fact, that in a not so distant future I will never have to use a centralized exchange ever again. If YOU don’t know that, you don’t know what you’re investing in. You invest in disruptive tech. Not like Jelurida is against the established system, with its taxes and governments, they will work with them all. Yet, their tech is public. Anyone can use it out of the box or build applications on top of it, change things.

Maybe NXT and ARDR exchanges like Bittrex will support the snapshot. Maybe Poloniex will, and AEX, Bitcoin Indonesia, HitBTC, Litebit, all of them – and maybe they won’t! None of these exchanges have made an official announcement about the IGNIS airdrop yet, the date is closing in, but what they all want is to get paid. By Jelurida.

UPDATE: These exchanges have announced support of the airdrop

So you ask me: Will the airdrop be supported by this or that exchange?

No one knows yet. IMHO, centralized exchanges act like they are banks, nowadays. They will list IGNIS, as well as NXT and ARDR, of course, they will, they earn millions in trading fees, but that’s not enough. Profit maximizing middlemen, some of them are, and they do not even provide an indispensable service. We do not really need them. Nxt and Ardor have inbuilt unhackable decentralized exchanges. So, to make sure you get your IGNIS and Bitswift tokens for holding NXT, and your Ardor tokens for holding ARDR, I strongly recommend you to simply claim your own private account on the network.

Create it offline, with a web client, or locally, by downloading and running the NRS client from Jelurida. The web client is the fastest and easiest, requiring only a minute or two of simple setup. Be sure to keep your passphrase safe!

Personally, I care about supporting blockchain technologies that I know will accomplish great things. I do not buy and trade shitcoins. And I do not know how many day traders, dolphins, whales, and bots manipulate the price of each coin, including NXT. That’s not my thing.

Buying cryptocurrencies seem like a (risky) get-rich scheme to a lot of people today. Even “average Joes” seem to think they know the market and that it’s probably a good time to enter. But a lot get burned. There’s no cancellation of transactions. Do your due diligence. Make your own decisions. And never invest more than you can afford to lose.

 

nxter.org/assethub

 

Easter Egg Hunt

Just wondering if no one knows or no one cares about picking up free money anymore.

Quoting this week’s Nxt Newsletter:

A new transaction has been sent to the alias EasterEggs.

Here’s a clue: Twitter handle @OPeasterEggs.

 

Some cared to check @OpEasterEggs and even #OpEasterEgg:


Now, just follow the white rabbit. Find the secret words that unlock the transaction.

tl;dr:

1 JINN asset has been sent as a phased transaction to an account that anyone can access.

Log in to the account using its passphrase.

Unlock the transaction by typing its hashed secret.

Transfer the asset to your own Nxt account.

You have now picked up this week’s Easter egg: 1 Jinn, current value ~1000NXT~160$.

Deadline is Block 1359698.

Need more clues?

In the end of the section about NxtBridge OFFLINE in our latest Nxt Newsletter we wrote:

OOOPS: Did I really expose the passphrase to the demo account in that video? Oh boy. The first who logs in to the account can have the NXT and ARDR in it. There’s also a clue to follow if you log in, which leads to another asset Easter egg!

Few hours later a user had not just emptied the account for NXT and ARDR, but also found that the encrypted Charles Bukowski quote which had been received by the EasterEggs account could be used to open a password-protected file which had recently been uploaded to the Nxt Data Cloud. This revealed 12 random words, the passphrase to an account that held 100 NXTP assets.

Those are long gone now. Congrats to the Nxter that won and who, by the way, surprised us by using the Eastereggs account to cast a vote in Nxter Magazine’s newsletter-poll. – Nice one! 🙂


Only few Blockshow Europe tickets left – get yours with a 20% rebate

On April 6, 2017, the BlockShow Europe 2017 event will take place in Alte Kongresshalle, Munich, Germany. The conference is going to be a major international event for showcasing established Blockchain solutions.

Nxt Foundation will attend as exhibitors, and represent Nxt and Ardor with a booth in the main exhibition space. As announced on Nxtforum and the Nxt Weekly newsletter there’s a rebate for Nxters who’d like to attend - all you have to do is register @ https://www.eventbrite.com and enter the promotional code NXTMUNICH before buying your ticket. This will give you a 20% rebate on your ticket. 

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!

Among the conference speakers will be experts, businesses, and practitioners of the global Blockchain industry, such as Ned Scott (CEO & Co-founder at Steemit), Adam Stradling (Bitcoin & Blockchain pioneer and co-founder of Bitcoin.com), Ismail Malik (CEO of Blockchain Lab and founder of SmartLedger), Bernd Lapp (Advisor at the Ethereum Foundation), Matej Michalko (Founder & CEO at DECENT), and old friends, such as Sasha Ivanov (founder and CEO at Waves).

You can see the list of the currently confirmed speakers and the full program on http://events.cointelegraph.com/programme/. Find other Nxters who attend on nxtchat.slack.

Adel ICO will begin on May 1 – and be legally compliant

Since the public announcement of Adel on December 06, 2o16, the team behind has been working hard informing people about the project, getting mentions in the media, publishing whitepapers, and even shared their first two Project Proposals by the R&D team.

The Adelphoi token ICO was planned to be kicked off on March 1st, but today, in a press release, Adel’s press contact John McLeod broke the news that the Adel R&D Team has chosen to postpone it for 2 months to get time to first establish a proper legal structure for Adel.

This means that Adel may very well become the first legally compliant ICO. Distributed ledger technology is a new and dynamic sector that is evolving quickly. By establishing a limited liability company in the Isle of Man, along with AML/CTF compliance, Adel makes sure that the Adel community can maintain a secure and long-term viable incubator for blockchain technology innovation. Adel Ecosystem Ltd. will be able to protect both members and address future regulatory requirements as they are introduced.

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.

I’m also sure that some hardcore anons and privacy advocates will refrain from investing in Adel due to this, and will stick to other more anonymous investment opportunities on the blockchain. For a project like Adel, this is the only right thing to do. Their mission and visions are simply too big to be accomplished in any other way.

Gabriel Dusil, Co-founder and board member of Adel:

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.

Travin Keith, member of Nxt Foundation, and Marketing Manager of Adel:

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.

The Adelphoi token will be initially launched on Nxt’s Asset Exchange and it will act as the fuel for proper operation of Adel. Adel will work with other blockchain solutions as well if they are needed for the projects.


Adel Press Announcement

Adel establishes LLC in the Isle of Man

  • Adel establishes a transparent legal structure
  • One of the first ICOs to comply with Anti-Money Laundering and Counter-Terrorism Financing legislation (AML/CTF)
  • Preparation of the new legal structure will delay the ICO to 1st May

Adel, a community-powered startup incubator focusing on blockchain technology, (https://www.adelphoi.io/) has decided to create a separate limited liability company called Adel Ecosystem Ltd. in the Isle of Man in order to establish a clear legal structure for Adel Services and the Adel community. The decision was made to set up a clear legal and tax regime in connection with crowdfunding that will fuel blockchain innovation.

The new legal entity will be registered as a designated business with the Isle of Man Financial Services Authority. As such, the entity will follow AML/CTF rules stemming from the Anti-Money Laundering and Countering the Financing of Terrorism Code 2015. Part of its compliance will include the implementation of customer due diligence, also known as the Know Your Customer (KYC) process. Therefore, participants in crowdfunding will have their contributions protected from any fraudulent activities by anonymous investors.

Gabriel Dusil, Co-Founder and Board member at Adel: We are very excited to be the first ICO to comply with Anti-Money Laundering and Counter-Terrorism Financing regulations. As distributed ledger technology becomes more accepted by mainstream investors, we hope the legal structure and protection offered by Adel will act as a template for future ICOs. It is our top priority to protect the contributions of our members, protect our staff, and establish a strong brand.

Gabriel further adds: These are positive steps towards maintaining a long-term and stable incubator for blockchain technology, and for legitimizing our ecosystem. Our stance on regulatory compliance will also open our ICO to a much wider audience of interested contributors.

Media Contact:

John McLeod
Founder, JEA Associates Ltd
Tel: +44 7886920436

jeaassociates.com/

▲ Adel is a global cryptocurrency community that is self-regulated, self-sustained, and offers its own economic ecosystem as a community-powered startup incubator via 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.

▲ Creating Opportunities for Blockchain Innovation.

NXTER.ORG update #1

Hello world!

NXTER.ORG is slowly (in crypto time) turning into the community project we hoped for. Nxters are contributing with their news and views, so the overall number of news items, blogposts and tech articles published has been going up, and with this also the number of site visitors, social media connections and email subscribers. So a big thank you to everybody who has contributed to the English and the French NXTER.ORG so far.

Done:

In January we focused on getting some basic ‘long lasting’ content up, Nxt guides and in depth presentations of Nxt’s CORE features, not only because they have been implemented in the NRS Client, but also to show they should be and are being used by 3rd party developers to build innovative and user friendly services on top of our Nxt platform. With the essential guides and articles now in place, we can begin to spend more time on diving into the detail of those 3rd party projects. They are, after all, what will probably drive the wider adoption of Nxt in the future. So, if you have a project built, or in the process of being built, on Nxt, please get in contact so we can help you spread the word.

Also read: http://test.nxter.org/developers

But why?

In addition to the obvious reason for documenting Nxt’s core features, one of our goals for February-March is to translate them and add landing pages in more languages. Each ‘local’ NXTER.ORG site will host easy to follow guides, our main articles about Nxt plus the most important links. This is to give non-English speaking people an access point into Nxt and also make it easier for them to spread the word about Nxt locally. To friends, maybe developers, maybe universities, maybe the press. Each subsite can be turned into a full blown local blog space or magazine (like the English and the French sites), if/when local editors take on the task. For the moment we will not be actively working for the latter, as we are still working hard on building the main site.

Translators

We consider the expansion of Nxt’s outreach very important, so we’ve decided to reward translators of this specific ‘landing page’ content, not with the usual 1/3 of what the original authors were paid, but with 1/2. If you are interested in translating and can do it well, you can read more here.

Short news

Sponsorship
Coinomat is now main sponsor of NXTER.ORG.

SuperNET client
The official SuperNET Client will link to http://test.nxter.org.

Crypto radio show
You can listen to crypto radio on NXTER.ORG. Just hit ‘play’ in the sidebar and enjoy. It’s Nxt friendly crypto talk and good music, live and recorded, from http://www.supernetradio.com.

SuperNET silver coin contest
We’ve gotten our dirty hands with a .999 grade silver SuperNET coin, and now you can have it.

The coin is from pondsea, and one out of a total mintage of only 1000 numbered SuperNET coins. This silver beauty can be redeemed for a physical coin or traded as an asset on Nxt AE, ID 1976421459488798622). Here’s how you can win the coin: http://test.nxter.org/win-a-supernet-silver-coin/

Nxtforum.org subforum
We’ve started a public subforum here: https://nxtforum.org/nxter-org/

Do visit, feel at home, bookmark it, push ideas, ask questions, or just post a meme.

New French editor
We have a new French editor: Hachoir. Welcome on board!

New accountant / business manager
Lionel Jeannerat (Ludom), who has been a core contributor to NXTER.ORG since July, has recently taken over from KarlKarlsson as NXTER.ORG’s accountant and general business manager. Ludom is a trusted Nxt community veteran, known as the “French Nxter” (even though he is Swiss), the founder of the world’s Most Interesting Coin (MIC), an asset expert, article writer and (former) editor of the French NXTER.ORG site.

Join the movement

We welcome anyone who wants to join us in our efforts.

We don’t want to just sit around waiting for NXT to appreciate in price. Neither do we want to confine ourselves to merely being a donation funded promoter of the Nxt platform. We want to share Nxt with the world and at the same time make money which can be shared with everyone who is participating in building Nxt through NXTER.ORG.

NXTER.ORG is an opportunity to showcase Nxt and its ever-growing range of services. We think people should directly benefit from contributing to this promotional experiment. Accordingly, when you make a contribution to NXTER.ORG, profit-sharing NXTP assets are transferred to your account and every month we pay out 70% of NXTER.ORG’s Net profit as NXT dividends to our asset holding contributors.

We welcome anyone who wants to join us and contribute their quality skills to our awareness building community project; bloggers, journalists, graphic designers, web designers, translators, SEO experts, Nxt 3rd party project devs (funded or unfunded), and Nxt businesses. We look forward to working with you, either as employers or in a profit-sharing business relationship.

Make contact either by writing directly to apenzl or Ludom or by using NXTER.ORG.

Yours sincerely,
Arthur Penzl, on behalf of the NXTER.ORG Team