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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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.

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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 (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

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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)

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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/

(Back to the Index)

 

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/

(Back to the Index)

 

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)

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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)

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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/

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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 (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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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)

(Back to the Index)

 

  • 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/

(Back to the Index)

 

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/

 (Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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)

(Back to the Index)

 

  • 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

(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 – 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(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 – 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

(Back to the Index)

 

  • 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 )

(Back to the Index)

 

  • 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

(Back to the Index)

 

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/

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(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 – August 2016: Building with Lego or modeling with clay

NXT NxtCoin 2. generation cryptocurrency news

August 2016 (I)

 

Nxt news keep coming. This week we’d like to remark:

Here below are more details about each of these:

 

  • New article about Nxt by Andrew Marshall for Cointelegraph

The magazine cointelegraph published an article that showed the advantages of Smart Transactions, a feature that is already available on Nxt and that all Ardor’s childchains will be able to use.

The article explains how a lot of the transactions that can be executed on the Nxt platform are intelligent: messages (encripted or not), phased transactions, issuing and buying/selling assets and coins, dividend payments, voting, etc. This preformatted intelligent transactions have been tested on the platform for a very long time, which guarantees a smooth performance with no errors, together with the ability to combine with other smart transactions in order to cover a wide variety of needs.

It is modulable, so the coding work needed to develop an application is significantly reduced. The article explains that working with Nxt’s Smart Transactions is like building with LEGO, while working with Ethereum is like modeling clay every time.

Link to the article: https://cointelegraph.com/news/nxtardor-platform-to-make-blockchain-cheaper-and-safer

Captura de imagen de la revista Cointelegraph
Main page picture of the article at Cointelegraph

(Back to the Index)

  • Nxters for equity

Dwayne Johnston, Nexter and youtuber, gives us his vision about the Ardor platform and explains us how, in his opinion, the Nxt technology has all the necessary tools to make the world a better place.

NXT introduces ARDOR and we take a giant leep into the future

In this vídeo, Dwayne alleges that ARDOR is going to be something big that will be useful to governments, companies and users. This is why it’s necessary that the people who belong to a minority has to have it’s own criptocurrency. In this way, they become financially autonomous and are able to fight against the economy that, in his opinion, is socially inefficient.

[vsw id=”yauHv5eONQQ” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

NXT crypto technology and PeaceCoin for black people and minorities

In this video, Dwayne breaks down what he already started to tell us in the previous video, how Nxt operates as well as the coin called PeaceCoin (inside Nxt’s Monetary System) and it’s goals. He also goes over things such as the intrinsic value of any coin; the current lack of a coin specific for minorities and the initial difficulties that a newcomer faces when buying their first coins, etc.

[vsw id=”T18TrkGxLao” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Defy the Financial Power Structure with NXT and PeaceCoin a NXT Currency

Here, Dwayne explains to us how minorities must invest in their own coin, and that the coin for them is PeaceCoin, which is released through the Nxt’s Monetary System.  Those minorities, he says, have to recover their dignity. They got off to a bad start because they were given a poor set of cards from the very beginning. He claims that it’s necessary to change the financial structure around us and that’s what he is trying to solve with Peacecoin.

[vsw id=”mkDB6shHx8c” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

(Back to the Index)

  • Damelon (Nxt Foundation) is interviewed in the first episode of Core TV

In this joyous interview, many relevant subjects about Nxt and the Nxt Foundation are discussed. Among them we would like to bring up here:

  1. Bas Wisselink’s (AKA Damelon) educational background, how he arrived into the world of crypto and how he has managed to focus his professional life around this world.
  2. The importance of Megaladon’s campaign to improve the number of Nxt public nodes. Actually, he expects to multiply the current number of nodes by 2 or 3.
  3. Parallels are made between Ethereum’s recent hardfork / rollback and the situation that happened years ago in Nxt, where 5,000,000 NXT was stolen from the exchange BTER. However, in that ocasion the Nxt community decided not to perform the rollback.
  4. How the concept “decentralization” can be combined together with the existence of a lead developer.
  5. The Foundation’s point of view and objectives and that don’t have to be the same that all the Nxters may have (as it would be impossible). Aditionally, another group could take the initiative and launch his own foundation with different goals.
  6. The difference between “price” and “value” for a criptocurrency.
  7. The differences between Ardor’s childchains and the sidechains that are projected with other coins.
  8. The distribution process and the later period to buy/sell ARDR, preceding the full release of the Ardor platform. It was made this way to avoid (unfair) accusations of bad token distribution like the ones Nxt suffer from in the beginning.
  9. It mustn’t be strange that some members of the Nxt Foundation or from the Development team have started some parallel projects besides Nxt. The names can change, but the projects will last so that they can be continued by anyone who wants and has enough skills.

[vsw id=”Dzt59pkBYnU” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

(Back to the Index)

  • Update about the several campaigns running to promote forging

Forging is going up. In addition to Megalodon’s initiative (explined in this previous article), some Nxters are starting to voluntarily pay higher fees for their transactions. This adds up to Megalodon’s campaing, the NSC campaign and the Forging Bounty Lotery. A real chance to earn some NXT while strengthening the Nxt network at the same time.


Source: https://nxtforum.org/general-discussion/5-million-nxt-bounty-for-nxt-ardor-forgers/msg222551/#msg222551

(Back to the Index)

 

  • Bounty program for Nxt/Ardor guides and FAQs

OutSL has won the first 5,000NXT of the Bounty program for Nxt/Ardor guides and FAQ creation.

The video looks nice and its detailed content will be really helpful to the newcomers to the Nxt platform. They will be able to visually follow all the procedures step-by-step to install and execute the Nxt wallet on their computer. Here is the result:

[vsw id=”Enwf_mm69sw” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Source: https://nxtforum.org/general-discussion/(tnsse)-bounty-program-for-nxt-ardor-guides-and-faq’s/msg222643/#msg222643

(Back to the Index)

  • DeBuNe again on the tabloids

Audo Kryptowitz and Robert Bold wrote this article about DeBuNe. The DeBuNe project aims to build a collaborative network that will allow users to build a genuinely free market economy, opposite to the current situation where lobbies and other powers have the ability to influence the decision making process.

With the burst of the blockchain technology, it’s no longer necessary that a superior entity coordinates/influences the entire process. All the users are specialized and are able to self-coordinate and self-organize themselves. That’s what the DeBuNe project aims to do.

Source: http://www.digitalcatallaxy.com/articles/independent-business-units-on-a-decentralized-business-network

(Back to the Index)

Post #32663

OUR MISSION

Spread the word.
Be a service to users.
Support a sustainable future,
use Nxt and Ardor to go there.

Our approaches are many.
Anyone can join the movement.

SuperNET API testers and bounties!

I had a long chat with James/jl777, felt a need to ask some questions on behalf of Nxt + SN investors.

The interview is being edited atm and will be posted on NXTER.ORG, then translated and spread all around.
We all need to take into account the consequences of the SN-NXT break-up and talk to each other again. Both projects are important, IMO.

I’ll post some of our talk here. Do act on it. :)

——

apenzl
It must be hard to prioritise what capabilities of SN you should work on.

jl777
not really. i prioritize by what has a tester ready to test
simple as that
it is 10x more efficient for me to work on something with an active tester so I get feedback right away, instead of months later (or never)
(…)

I was planning to do an active tradebot for the SuperBTC market
but not sure if NXT people’s will use it
they could use it via AE, just by using AE

apenzl
I think they will. SuperBTC is getting more and more attention, some asset issuers started using it for dividends too.

jl777
the tradebots accumulate a way to specify some long term action
you would be able to say buy 10,000 NXT at anything lower than .000025 over next week
and it will keep checking the orderbook and submitting orders when it sees it can do this
this is what I am testing this weekend and will use this to create a SuperBTC market in the AE

CALL FOR TESTERS

jl777
Responsive API testers are what is needed the most
people dont realize that testing takes a lot of time and effort and right now guess who is having to do all that testing?
and the testing doesnt require coding, just common sense
if you can fill out a form from the API page, you can test the API

apenzl
Just the word “API” scares most non-coders.

jl777
ok “web form testers” then
it is a web form

apenzl
Haha, such re-wording might actually work

jl777
all the fields are there, fill them out, click the button
then the hard part is to interpret the results…
but no coding, all via web page form

apenzl
Good. Let’s try to get people involved in filling out web forms then.

jl777
We have funds to pay testers
but nobody steps forward
I just think very few are technical at all and most just want to have things magically work

Nxters interested in testing, please go to > supernet.slack #iguana
http://slackinvite.supernet.org/

1 BTC NXT PLUGIN BOUNTY

jl777
now one thing that a NXT plugin dev could do is see if iguana will run as a NXT plugin
if so, then it will mean iguana can become a NXT plugin
since it is html theoretically it can, but it is nonstandard and I fear asking the NXT core devs as they will probably say that is improper usage of NXT plugins (…).

Interested? > supernet.slack #iguana

Join sn slack here: http://slackinvite.supernet.org/

1 BTC NXT exchange support bounty  [See update* below]

[Also,]
if some NXT dev wants to help, then he can make a NXT exchange support by coding the exchange specific file for NXT

I used to have all the NXT stuff direct in the main code, so I never needed a NXT exchange module
it is about 300 lines of code for most exchanges

those are two very specific things that would be massively accelerated if some NXTer would step up

the latter I can always do in a day or so, but which day, that is the question
the former is outside my expertise. maybe it is easy or impossible, have no idea

apenzl
Bounties available?

jl777
of course
1 BTC worth for either of those

but I might just end up doing the NXT exchange module myself as part of the market makers
so they need to check to see if it is already done or not

UPDATE*

jl777today:
i made the nxtae exchange support in iguana.

This post was originally posted on nxtforum.org.

Join the discussion here:
https://nxtforum.org/general-discussion/nxt-and-supernet-api-testers-and-bounties/

Will Bitcoin be Worth Over $500 by 2016

bitcoin

Recent Poll: Almost 50% of People Believe Bitcoin Will be Worth Over $500 by 2016

Expert analysis suggests that Bitcoin’s price potential for next year will surpass its highest points during 2014 and 2015. It has been forecasted that the digital currency’s value will end at around $500 this year.

Based on a recent poll by CoinDesk, it revealed that almost half of the respondents (48%) believe that Bitcoins will be valued at more than $400 by next year. But, some 33% were also hopeful to see it rise to around $501-$1,000 before the end of this year.

From January’s depreciation to below $200, the price of Bitcoin trading jumped by more than $410 this month. It is notable, but still far from its historical high of around $1,150.

More reasons for Bitcoin’s increased value

The same report also noted some of the main reasons for the possible increase in value of the virtual currency. Here are the top reasons for Bitcoin’s increased value in 2016:
• Surge in capital control in China
• A slew of positive news stories from the mainstream media
• Switching interest from Blockchain to Bitcoin
• Continued investments and adoption from industry companies
• Exemption from value-added tax (VAT) especially in Europe
• Launch of Bitcoin exchange Gemini in New York

However, some 27.4 % also said they are not certain what had caused the price movement or the recent increase in the price of Bitcoin. Economist Brendan O’Connor mentioned in an interview with CNBC that he felt the rumors about “international rings of traders teaming up to drive up the exchange rate,” could have substance although he was unable to confirm the rumor was 100% true.

Going mainstream?

Bitcoin is now gaining strong traction from consumers and businesses alike. Big brands such as Dell Computers and The United Way have integrated the digital currency in to their business payment processes.

Slowly but surely, Bitcoin is going mainstream, yet it still remains in a decentralized currency status. No single entity, corporation, or government holds or affects the virtual currency’s price.

Contrary to most assumptions and rumors, it seems unlikely that Bitcoin will replace physical currencies or lead to its extinction.

“History shows that it’s unlikely that more traditional physical forms of currency will disappear as humans have shown a fundamental desire for a physical means of trade,” as written on FXCM’s The History of Currency. “But at the same time, developments have shown that individuals and societies will seek ever-widening definitions for the concept of “currency” to increase the economic efficiency and advantages obtained from trading.”

Though, Bitcoin is still seeing growth worldwide. Although there are other digital currencies being used for trade and exchange, they are not all accepted by merchants and nowhere near as popular as Bitcoin.

Bitcoin ATM worldwide
There are a growing number of Bitcoin ATMs in operation worldwide (more than 400 operating terminals), helping drive its popularity and use of the digital currency. But a financial software strategist believes that the trend is ‘unlikely to last in its current form.’

Devon Watson, vice president of global software company, said that these ATM terminals have relied so far on a ‘flawed distribution model.’ The current Bitcoin ATMs are said to offer advantages to small markets, but are unlikely to succeed in a competitive one.

“[Bitcoin ATMs] provide only one benefit to the customer, whereas the majority of ATMs have a number of different possible transactions and meet a number of needs,” said Watson in an interview this year.

Watson’s company is still investigating the full capability of Bitcoin ATMs in the consumer market. Should the need arise in the future, he believes providers will be able to cope up with the demand. However, currently they are still assessing “when it might make sense and how.”

IMAGES:
Photo Credit: btckeychain via Compfight cc

PICISI to release Nxt MS currency ‘Pi’ on August 31st

picisi

Promising Crowdfunding Site Set To Release New Cryptocurrency August 31st

In an effort to raise startup funds to develop what promises to be an innovative crowdfunding site (PICISI.com), PICISI is launching a new cryptocurrency today to coincide with the start of their 15 day crowdfunding effort.

PICISI (Philanthropic Investments and Charity for Inventions, Startups, and Ideas) is a crowdfunding project that has been in development for a number of months.

Pi (PICISI issued currency) is the common name given to the cryptocurrency (currency code: NUMUS) PICISI created 4 months ago that is now ready to be released to the public.

Pi/NUMUS (Latin for currency) was created using the NXT Monetary System. NXT is one of a handful of highly advanced cryptocurrency platforms often referred to as ‘Bitcoin 2.0’ platforms.

Pi was designed to play an integral role in the long-term business development of PICISI in the following 3 specific ways: initially, like all national currencies, to raise startup funds; secondly to use in the day-to-day operations of PICISI; and finally to provide a funding resource for major capital expenditures, e.g. Money Services Business licenses for all 50 US states, which could amount to $1M.

PICISI’s mantra is ‘Promotion, Promotion, Promotion’ – this is primarily how Pi will enter the marketplace. Promotion Contractors are self-employed individuals from all around the world who do PICISI assignments. They are primarily writers, but also video producers, graphic artists, marketing professionals, and social media experts. Once registered, Promotion Contractors are able to work on various PICISI assignments to earn Pi.

Knowing that cryptocurrencies are notorious for being volatile investment instruments, PICISI plans to provide Pi with a level of stability by instituting a value adding ‘rebuy’ plan – as PICISI earns fiat, it rebuys Pi on the open market.

As a crowdfunding site PICISI expects to earn revenue primarily through fees charged to campaigns, and through various sponsorship opportunities. Under the rebuy plan, earnings in the form of fiat (USD, GBP, CAD, or any other national currency) will be used to buy Pi at public cryptocurrency exchanges. PICISI also indicates that if an official exchange sponsor is in place, all Pi purchases made by it will take place at that exchange.

PICISI sees Pi as an international currency that will fund global entrepreneurship; you can purchase Pi (currency code NUMUS) at the rate of 117.75 NXT per Pi here: https://nxtportal.org/currencies/1350076970661039300, or via any NXT wallet by clicking “Monetary System”, “Currencies”, “NUMUS”, and “Exchange”.

To learn more about Pi, contact PICISI at [email protected]

———————-

This article is for general information and news purposes only. It does not take into account readers’ personal circumstances or investment objectives. As with any investment, readers should carry out their own due diligence research before making (or refraining from making) any investment decision.

Opal Coin Anniversary Giveaway #1

 

cats-303163__180

CATS! CATS! EVERYWHERE!

Create or Edit a Picture of a Cat with Opal coin.

Post on BCT, or Reddit, or Twitter, or Facebook, or all of them.

Send a link to your posting and your Bitcoin Address to: [email protected]

GRAND PRIZE

Best of the Litter wins 0.1 BTC.

First 10 submissions automatically win 0.01 BTC.

Entries must be submitted before 2:00pm CST August 21st 2015.

The Viral Exchange joins SuperNET

viral.exchange.large

The Viral Exchange (TVE), project-led by Killakem (founder of Fibre coin and also project leader of Blitz), has just been announced as a SuperNET official partner.

TVE enables users to promote their websites and social media presence whilst earning NXT, Bitcoin and Blitz for their social interactions on all the major social networks.

TVE is the first social exchange platform that allows users to cash out points to digital currencies.

Killakem writes:

The Viral Exchange (TVE) is a next generation social exchange with the goal of monetising social network activity via the blockchain.

TVE is a free social exchange network which helps businesses increase their social network presence and drive users to their websites. The exchange system is very simple: every time a user likes, follows, or views another member’s social media page they receive Viral Points which can then be used to get more followers, likes, views or visitors to their own website or social media pages. The Viral Exchange is the first social exchange platform that allows users to cash out points to digital currencies. Users can earn Bitcoin, NXT and Blitz with their Facebook, Twitter, Google+, YouTube plus many more.

The Viral Exchange is now a SuperNET official partner! TVE will be helping to raise awareness of SuperNET inside and outside of crypto, while also providing free marketing on the platform and exposure through our press releases. TVE will also utilize InstantDEX for automated user withdrawals once its ready and we will be integrating SuperNETs innovative technology with TVE wherever possible.

Version 2 of TVE is currently in beta testing and 100 Blitz is being offered for every new bug found (cosmetic bugs not included).

To find out more, join the Bitalize channel on Slack.

TVE is being redeveloped from scratch, the new platform will utilize an MVC Architecture providing an extensive API. Moreover, the NXT Monetary system will be used as part of our Proof Of Reserve system, this will give users, marketers and asset holders complete visibility of the purchases and withdrawals on The Viral Exchange. Asset holders will not need to rely on the information we give them: all deposits and withdrawals will be publicly available on the blockchain.

[Source: TVE Business Plan]

Working closely with NXtInspect, TVE has recently relaunched its Nxt Asset. ID: 10848741160900045194.

The NxtHacks Hackathon 2015

NxtHacks

Fame and fortune awaits!

This is an all-comers challenge issued by Jones.

Using any programming language or library you like, can you build a fully functioning App using the Nxt API in just 48 hours?

To sign up for the competition and to join the NxtHacks’ mailing list: http://jnxt.org/nxthacks.

Nxt is the fastest developing, open source, second-generation cryptocurrency platform.

For a complete listing of all available Nxt API calls: http://jnxt.org:7876/test

To find out the latest news and views about the NxtHacks Hackathon and to contact Jones himself, join the #nxthacks channel on Supernet Slack

Competition Rules

1.   Entrants may use any programming language or library they wish (e.g. C, Javascript, Node.js, PhP, Python, Java) to build an App for whatever purpose using the Nxt Api.

2.   Entries will be judged by the Nxt community on:

 

  • Completeness (i.e. is the App fully functional?)
  • Style.
  • Usefulness.

3.   The App programming work should only take place between midnight Friday 31 July and midnight Sunday 2 August.

4.   Developers may submit as many entries as they wish but in practice, given the 48 hour time limit, it’s not expected that anyone will submit more than one…

5.   …especially since no team working is allowed – each App submitted must be the exclusive work of a developer working on their own!

Prizes

1st place: 40’000 NXT
2nd place: 20’000 NXT
3rd place: 10’000 NXT

And a place in Nxt history as the winners of the inaugural NxtHacks Hackathon!

———————-

Further information:

http://www.peerexplorer.com/

(‘PeerExplorer is your gateway for Nxt infrastructure. Be a part of building the world’s most advanced decentralised open-source platform. Feel free to use the API. Don’t know what Nxt is? Take a look here!‘)

http://www.thenxtwiki.org/wiki/For_Programmers

http://nxtinside.org/whats-nxt/

Nxt Source Code

NXT lazy portfolio – May & June

lazy-nxt-portfolio

The aim of this monthly report regarding my personal portfolio is to show potential investors how a selection of NXT assets can perform. Readers must of course carry out and rely on their own due diligence research before deciding whether to invest or refrain from investing. My trading strategy is explained here.

Apologies for doing my report so late. I’m reporting May and June here. Due to work commitments, I was not able to do a report earlier. Also, I was not able to do my monthly investment (300 euro) on time.

Portfolio allocation snapshot: 18/06/2015

mayjune asset allocation

Dividend april & may :

mayjune dividend

For “Usdbitfinex” dividend, I’m showing the corresponding NXT value, but the dividend was in the form of usdbitfinex asset. For “NXTinspect” it is similar. “Phoenix”, “Supernet”, and “Liquid” asset were delivered as dividend. I’m just showing the corresponding NXT value for accounting purposes. With today’s pair 1NXT = 0.0125 euro, I received the equivalent of 6.68 euro in April, and 12.68 euro in May. Dividends are growing monthly, I really appreciate that.

Asset performance 18/06:

mayjune asset profit

Most of the assets are performing well! Generally speaking, asset value is growing slowly.

Portfolio performance

mayjune portfolio performance

 

April showed again a negative return (-6%). However, the recent NXT increase in value has recovered the losses of the last couple of months (+26%). The favorable NXT/EUR pair now gives a positive return to my portfolio. I have a small gain of 60 euro for a total of 1200 euro invested.

Stay tuned:
As explained in my strategy, I will use the bitcoin exchange BitBoat (French & Italian market) to purchase 300 Euro worth of bitcoin for 1 more month, then 150 euro monthly. I stick to my strategy, and in a couple of years I should be able to say if NXT platform is a good opportunity for long term investment and steady return. In my opinion, NXT as a whole looks much more sustainable than bitcoin and 99% of the other crypto.

For my future investments, the “Bankroll” asset looks good but it’s currently difficult to buy them at a good price. “CoinoEUR” offers a 0.06% daily return, and “Jinn” should bring some great news in the coming days.

Full details regarding my portfolio, including its trading history, are available here (refresh the page if it doesn’t load correctly) and do of course remember to look out for my next monthly report!

Remember: Do your own due diligence research and take fully into account your own personal circumstances, objectives and attitudes to risk before making any investment decision and, of course, never invest more than you can afford to loose.

BTCOR Group Investment

BTCOR  – Utilizing the NXT Monetary System and Asset Exchange to generate dividends on stored wealth and support SuperNET in alignment with a profit-for-change paradigm

BTCOR-nxt-asset-exchange

SuperNET, Cyberspace – BTCOR Group Investment, the first NXT asset to utilize NXT’s revolutionary Monetary System technology, has announced the members of its diversely talented and respected team and also its business plan, which details the asset’s complex structure and core principles.

A modified excerpt from the business plan https://www.btcor.co/btcor-group-investment/ :

BTCOR and its SERIES VENTURE wealth storage facilities allow for holding/storing value in the form of ASSETS, GOLD, SILVER, BITCOIN and the US DOLLAR.

BTCOR is the parent asset and is the simplest choice for investment. Funds received through sales of the BTCOR asset will be used to generate value for shareholders by investing primarily in SuperNET’s technology, core coins, and assets and by seizing any other opportunities the Executive Board may deem advantageous. Any dividends received by assets held in the BTCOR Treasury will be redistributed proportionately to BTCOR shareholders on a monthly basis.

The SERIES VENTURES https://www.btcor.co/btcor-assets/ are a group of assets subsidiary to BTCOR that provides storage of wealth for shareholders. As investors purchase shares in a SERIES VENTURE asset, the investment is converted into its respective class while maintaining the best available current exchange rate.

  • GDCAR is the investment vehicle for gold
  • BTCAR is the investment vehicle for bitcoin
  • SVCAR is the investment vehicle for silver
  • FIATX is the investment vehicle for US$

All of these balances are held in the BTCOR Treasury and represent the inherent wealth of BTCOR and SERIES VENTURE shareholders. The SERIES VENTURE portion of the Treasury is never used, transferred or manipulated in any way and these holdings remain stationary until shareholders vote otherwise.

Working alongside these wealth storage facilities are interest-generating vehicles fueled by profit-driven speculation.

We have deployed a number of vehicles that enable the speculator to make a speculative investment on the current markets of gold, silver, bitcoin, and foreign exchange (FOREX) using the NXT Monetary System.

A skilled Operator is responsible for trading with funds obtained monthly via the NXT Monetary System and makes puts and calls at the Operator’s sole discretion. The Operator is constantly under review by the Executive Board and subject to redundancy at any time. The Operator must have a minimum of one (1) BTC stake in each trading vehicle to ensure honest and well-planned trading is practiced.

Profits from these activities are distributed to BTCOR and SERIES VENTURE shareholders on a monthly basis. This dynamic provides an incentive to save via the SERIES VENTURE facilities, while limiting the exposure of the saver to the inherent risks.

BTCOR promotes a profit-for-change paradigm.

In the face of today’s economic, social, and environmental inequality, we at BTCOR believe it is imperative that revenue should not only lead to increased financial independence, but that it should also be used to promote access to truthful information, conscious acts of philanthropy and charity. By working smarter, not harder, we can leverage our funds to promote and embody the change we’d like to see in the world.

A certain percentage of monthly revenues are already being allocated towards a charity fund. As we grow and succeed, we will continue to implement projects and programs that function to manifest this paradigm.

The BTCOR team consists of thoughtfully appointed shareholders and community members that collectively represent the talents and abilities required of the Group’s Senior Executives and Executive Board, which oversee and manage BTCOR operations such that shareholder profit is maximized in adherence to the Group’s mission statement and core principles.

SENIOR EXECUTIVES

  • CEO – house
  • Chairman – eth
  • Secretary – mxxxxxx
  • Chief Systems Engineer – shack4
  • Finance Committee Chair – gambleh

EXECUTIVE BOARD

  • infinitechaos (Public Relations Committee Chair)
  • pnoch (Lead Developer)
  • futurist
  • damon
  • 3rdStryker
  • lootz
  • nippybrit

Detailed descriptions of the various roles and responsibilities required of each of the Executives as well as their asset allocation packages are available here https://www.btcor.co/btcor-team/

Of particular significance is the appointment of pnoch as Lead Developer. He is a very talented and respected developer who is already working with the Chief Systems Engineer to develop proprietary technology designed to enhance efficiency and transparency of BTCOR operations for its shareholders. The Lead Developer may also be tasked with creating or implementing advanced automated trading software designed to trade FOREX markets and maximize shareholder revenues.

For more information on the BTCOR Group Investment, please visit btcor.co, follow @BTCORsupport on Twitter, and join the #btcor channel at SuperNET Slack.

Tiptap Tipping NXT

NxtHaus, a London based NXT and Bitcoin wallet and exchange, has recently announced, what they call ‘one of the key applications in increasing the adoption of Nxt: TipTap.’

wetiptap-tip-NXT-on-twitter-reddit-slack

NxtHaus is a Nxt and Bitcoin wallet that makes it possible for you to safely store your coins in order to make them available to you at all times, anywhere on any device. In addition to that, you will be able to easily acquire Nxt and Bitcoin within 10 minutes with your Euros and Dollars.

There are several ways through which you can acquire Nxt or Bitcoin at NxtHaus. The simplest option is Sofort Banking which takes less than 10 minutes and directly connects with your Bank Account. The other option is a SEPA Wire Transfer to our Banking Connection which takes 24 – 48 hours. If you are in the right location you can also send an International Wire Transfer.

Tip NXT on social media

NxtHaus writes,

TipTap is a tipping application that makes it possible for you to tip anyone on social media and thus show your support, appreciation or even your affection to someone simply by tipping them. In the recent months tipping people on social media has become increasingly more important, and we at TipTap treat it as the single most powerful networking tool that drives attention. The best of all: The service is completely free of charge. Forever.

Unlike other tipping services, TipTap uses the Nxt blockchain to facilitate the tipping micro-transactions, thus it doesn’t rely on any centralized ledger. Currently TipTap is compatible with Reddit, Slack and Twitter; 3 of the largest and most used platforms today.

TipTap Tipping Contest

Tip NXT on Twitter, reddit or Slack – and win $235 each week

To get this moving, an official Tipping Fund of more than $2200 (200.000 NXT) is paying weekly prizes to tippers who join @ http://www.wetiptap.com and use the service to spread NXT:

Each week more than $235 (20.000 NXT) is paid out in 2 categories:

  • Most Tips (amounts) tipped this week
  • Most Tips (value) tipped this week

Additionally, $6 (500 Nxt) is paid to 20 randomly chosen users that have tipped in a given week. Making it a total of 30000 ($325) Nxt that can be claimed by Nxters each week!

Read more:
https://nxtforum.org/general-discussion/tiptap-tipping-contest-30000-nxt-in-weekly-prizes!-(plus-weekly-lottery)/msg183324/

NXT lazy portfolio – March

lazy-nxt-portfolio

The aim of this monthly report regarding my personal portfolio is to show potential investors how a selection of NXT assets can perform. Readers must of course carry out and rely on their own due diligence research before deciding whether to invest or refrain from investing. My trading strategy is explained here.

Portfolio allocation snapshot: 04/03/2015

march asset allocation

(Source: nxtreporting.com)

Capital appreciation assets

march promising asset

Dividend paying assets

march dividend asset

Dividend February

march dividend
I recently received a bonus award of 32.4609 NXTmemo assets from NXTinspect, which I have since sold for 0.4NXT each. For accounting purposes I have included this sale in the NXTinspect dividend.

As regards USDbitfnx, the asset owner (Bitfinex_USD) recently posted on the Nxt Forum that:

There was no dividend in February, because of low swap interest rates.

Please check this spreadsheet: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Once 100$ are accumulated, it will be paid out.

The total amount of dividend received in February was: 269.42 NXT or 3.34 euro. Nxt/eur pair: 0.01243

Asset performance 07/03

(Source: nxtreporting.com)

Great performance for NXTP!

I just sold all my Freebsrvrs, which was either a panic sale or a wise idea. Time will tell 🙂

Portfolio performance EURO February

march monthly performance

Price volatility was really significant in February. I checked a few times on nxtreporting and saw that the capitalisation of my portfolio was down by 20%. As of 04/03/2015, my portfolio capitalisation is 288.69 euro, which ‘only’ represents a 3.8% loss (dividend included). The main reason being the current volatility of the nxt/eur pair.

I received 1 debune asset as a gift. It could become eligible for inclusion on my list of capital appreciation assets but from my point of view it’s still too early for me to be investing in it.

Last month some buy orders didn’t go through, so I used the NXT that had been reserved to meet those buy orders to buy Liquid (asset id: 4630752101777892988). I understand that dividends should start being paid out in a couple of months.

As explained in my strategy, I will be using the bitcoin exchange BitBoat (French & Italian markets) to purchase 300 euro worth of bitcoin for the first 5 months of trading. This month I’m thinking of mainly investing in usdbitfinex, mmnxt, and SuperNET.

Full details regarding my portfolio, including its trading history, are available here (refresh the page if it doesn’t load correctly) and do of course remember to look out for my next monthly report!

Remember: Do your own due diligence research and take fully into account your own personal circumstances, objectives and attitudes to risk before making any investment decision and, of course, never invest more than you can afford to loose.

—————————-

This report is for general information only. It does not take into account the reader’s personal circumstances, objectives or attitude towards risk. It is not (and is not intended to be) any form of advice, recommendation, or endorsement by the author or the web site owner and should not be relied upon when making (or refraining from making) any investment decision.