October 2017 (III)
Welcome again, fellow Nxters! Fall is now here and we have the major news of last week. The IGNIS ICO continues with the Fourth Round, Riker visits Barcelona, Ardor release timeline, salacious lies and much more! You are in the right place for comprehensive coverage of all things Nxt / Ardor / Ignis.
Whether you are a long time reader or a new one, we here at Nxter have news for you. All the highlights of the last week in the exploding blockchain space are covered here. We aim to keep you informed and up-to-date, dear readers. Lean back and absorb all of our hard work as we present you the news of last week.
- Ardor Release Timeline + Explanations
- IGNIS ICO – last batch of Round 4
- Riker speaking at “Blockchain Solutions Forum” in Barcelona
- Ardor vs. the Competition, Pt. 4: Waves
- Ardor.world – Articles about Nxt, Ardor, Ignis
- Austria Released First Blockchain ‘Call for Project Ideas’
- Dan Charbonneau, CEO of CBT Nuggets, joins the NxtCommunity Slack
- Chinese Community
- Travin Keith Presented – “Blockchain: Making It More Than Just a Trend”
- Crypto Woman – Let’s Build a Blockchain Together!
NXT IN THE MEDIA
- Lior Yaffe in Medium – Cardano More Secure Than NXT?
- Cointelegraph – Industry Experts Believe Bitcoin Headed to $6,000
- Improprieties in Cointelegraph Article
- Briandcolwell – Ardor & Child Chains: A Blockchain 2.0 Innovation, But Is This A Coin We Really Need?
- Themerkle – Accenture and BNP Paribas Experiment with Nxt Blockchain Technology
- TradingView – NXT/USDT Poloniex – This Particular Pair Includes TWO Schematics
- TradingView – Holding Ardor
- TradingView – ARDR to be a 10x for Stone Hands
- TradingView – ARDR here we go
- Weekly NXT/ARDR Price Evolution
This week’s newsletter is put together by James, Jose, apenzl, and rubenbc.
Ardor Release Timeline
Finally, some news to write about regarding the Ardor release timeline. A detailed release timeline was released. The short version of the story is that Ardor will get two more testnet upgrades in anticipation of the New Year. Yes, that is right, The Ardor Genesis Block will be forged at 00:00 on Jan 01, 2018. The Snapshot will be taken on 25th December.
- Oct 28 – Nov 04
- 5th and last ICO round, 100 M JLRDA plus all unsold JLRDA from the 4th round and minus marketing expenses are put for sale at 1.45 NXT each as announced
- Any remaining unsold JLRDA tokens will be kept by Jelurida until the Ardor snapshot and the resulting IGNIS tokens will be used to fund future development and promotion
- Nov 04
- Ardor testnet 2.0.4e release
- Starting from a new genesis block and deleting the current testnet
- Adding major new features: Asset Control and Composite Phasing
- Nov 24
- Final Ardor testnet release
- Source code is released for review under temporary license, no cloning allowed
- Node JS module and Mobile App operational
- Only security and critical bug fixes after this date
- No further API changes
- Four years anniversary for Nxt celebration
- NXT Block Height 1630000 – Approximately Dec 25
- Ardor genesis snapshot recorded at block 1630000
- Transactions with ARDR, Bitswift, and Janus assets disabled on the Nxt blockchain
- Dec 27
- Ardor generally available software release
- Source code released under the JPL
- Forging not yet possible to give time for users to setup nodes, and perform final verification of snapshot balances
- Jan 01, 2018, 00:00:00
- Ardor genesis block timestamp reached
- Forging starts automatically
- Ardor blockchain becomes fully operational
- Continue development according to roadmap
- Dec 24-25
- Hardfork, freeze trading of ARDR asset and other assets included in the Ardor Genesis Snapshot
- Q1 2018
- Develop Nxt as a simple and secure crowdfunding solution for new ICOs
- Position the Nxt Blockchain Creator Kit as a viable solution for new blockchain projects
- Add permission layer and peer communication encryption for private blockchain solutions
- Q2 2018
- Merge features added to Ardor which do not rely on the parent/child chain architecture
This is the last week to participate in the Fourth Round of the IGNIS ICO. The latest batch was released and this is the absolute last chance to buy JLRDA at 1.05 NXT. The penultimate Fourth Round ends October 21st at midnight. We thank all of the community who supported Jelurida by participating in the ICO. They are close to the 10 M Euro milestone, detailed in the ICO roadmap. Do not worry, there is still one round left, but the ratio will be 1 JLRDA to 1.45 NXT.
— Jelurida (@Jelurida) October 14, 2017
|Dates||JLRDA tokens for sale||Price of 1 JLRDA in NXT|
|Sep 23 – Oct 21||100,000,000||1.05|
|Oct 28 – Nov 04||up to 100,000,000||1.45|
Riker- We now surely reached the 5M€ and are looking to reach the 10M€ milestone. We need all the help we can get from you guys in order to get to it.
Live stats from the Nxt Blockchain
Riker speaking at “Blockchain Solutions Forum” in Barcelona
Riker spoke at the Blockchain Solutions Forum last week. His speech contained a lot of great material and is a must watch for anyone who wants to better understand the NXT/Ignis/Ardor ecosystem. The video also has high level information that is sure to delight even the most knowledgeable of our readers.
Ardor vs. the Competition , Pt. 4: Waves
A new article in the “Ardor vs. the Competition” article series was published last week.
The fifth in the series, the benefits of Ardor over other competing blockchain solutions are explored in great depth.
A couple months ago Segfaulsteve began writing a wonderful and detailed account of Ardor and the many advantages it has over the competition. His first post highlighted the technological supremacy Ardor has over Plasma, the next installment talked about the LISK blockchain and the functionality provided by it, and the third compared Ardor against NEM/Mijin/Catapult. The fourth covered the debacle with the IOTA code base.
You can find the previous posts below:
- Ardor vs. Plasma
- Ardor vs. the Competition, Pt. 1: Lisk
- Ardor vs. the Competition, Pt. 2: NEM/Mijin/Catapult
- Ardor vs. the Competition, Pt. 3: IOTA
Ardor.world – Articles and Services about Nxt, Ardor, Ignis
The first three comparative articles of Ardor vs. The Competition are now available in Russian. Thanks to all the help from our great community. We have so much great content to promote, the difficulty is in translating it, well, for our large base of readers who are Russian speaking, here you go:
Add Nxt Blockchain activities https://www.ardor.world/en/analyze_nxt/
Analyzed 1,415 days of network life Nxt blockchain
Translated three articles from nxter to Russian https://www.ardor.world/ru/news/
Austria Released First Blockchain ‘Call for Project Ideas’
In Austria, there was a general consortium for project ideas that revolved around the blockchain. Two Ardor based ideas were presented.
Austria released first blockchain 'call for project ideas' https://t.co/X2RLqzzIrZ – we go in with 2 different consortiums based on Ardor.
— Alexander Pfeiffer (@alexpfeiffer) October 9, 2017
Dan Charbonneau, CEO of CBT Nuggets, joins the NxtCommunity Slack
Hooray for growth and big names – last week the CEO of CBT Nuggets joined the Nxt Community slack.
Using the alias charbo, he wrote:
charbo in #trading channel
I’ll introduce myself since I’ve been the topic of conversation here. My name is Dan Charbonneau and I’m the CEO of CBT Nuggets. At CBT Nuggets we make IT training and have a mission of continually improving the learning experience for IT professionals. Training (education) is like working out at the gym. It’s good for you but it’s hard work. It’s tough to get motivated to do it. We’re developing a cryptocurrency to be deployed as an ARDR child chain that will provide a financial incentive to learning.
The reason why I’m buying so much ARDR is that when we launch it isn’t going to be with an ICO. It’s self-funded. The value of our cryptocurrency will be pegged to ARDR on a 1-to-1 basis. The initial launch will be with 50M of the new cryptocurrency paid for with 50M ARDR. The currency will be redeemable on a 1-to-1 basis for ARDR so it has value out of the gate.
Learners will buy training content with the new crypto and consume the content. There are quizzes throughout the content so you can prove you learned the material. When you answer the quizzes correctly, 30% of your purchase price is returned to you. In addition, everything you learn is stored in the blockchain so we will maintain a lifelong record of learning for you. When you interview for a job, you’ll be able to show the interviewer everything you’ve learned. The transcript will of course be private only for you and shared with the people you choose.
Anyone with the ability to teach can upload content. Once the content is vetted, it’s listed in the catalog and they earn currency with each purchase.
All holders of the new currency do our version of forging. 5% of every transaction is distributed as a block reward on a weighted random basis.
I’m a believer in ARDR, and in blockchains in general.
By the way, I need 50M of the new currency because we’ll be offering the currency for validated learning to all of our existing customers at cbtnuggets.com and I plan to give away the equivalent of 100ARDR with every download of the new client along with profile creation.
I’m hoping this changes education worldwide, providing greater access to quality content and adding competition and the principles of the free market economy to education at all levels.
The latest video diary of Lior Yaffe’s great trip to Shanghai for a Meetup last month is out. This was the first official presentation in China by Jelurida about NXT/Ardor/ Ignis. These fun diaries document the momentous week that was for the burgeoning Nxt community in China and for Lior himself.
Don’t miss the other videos published two weeks ago!
Travin Keith presented – “Blockchain: Making It More Than Just a Trend”
Our good friend Travin presented, on behalf of Agavon, at BrightTALK. Entitled “Blockchain: Making it More than Just a Trend” his talk speaks to the vast potential that lies untapped in the blockchain. What we know it to be today is just scratching the surface of what it will be in the not too distant future.
About this webinar
Perhaps one of the buzziest of buzzwords for the past few years has been “Blockchain”. But for those who are well-versed in the technology and the goings on of the industry, it is definitely more than just hype.
Join this session where a panel of experienced Blockchain specialists will discuss:
-Viability of Use Cases – Just because a centralized database can be more efficient doesn’t mean it’s the most viable
-Preventing Blockchain from Being Just a Trend – if blockchain isn’t viable as the solution, it shouldn’t be used
-Public vs Private Blockchain Use
-State of the Industry – Understanding that a lot of the platforms and frameworks are in their early stage of development and that support may not be readily available
- Travin Keith will be a Speaker at the 10th Heidelberg Blockchain Meetup
Damn, this guy is good and busy! He revealed last week that he will be a speaker at the prestigious Heidelberg Meetup.
Travin Keith is a long-time member of the blockchain and cryptocurrency community since 2013 and has been involved in numerous projects and communities such as the Nxt Foundation, SICOS, Hyperledger, BitcoinMarkets, and his own company, Agavon. He will be starting off his presentation with anecdotal stories about his early days in the space and how he came to work full time in the industry while living in the northernmost town in the world – Longyearbyen, Svalbard, then will go into a few details about his current projects as well as observations and thoughts about the current state of the space. His presentation will end with an interesting free use case currently presented in story form.
Crypto Woman – Let’s Build a Blockchain Together!
Last week American YouTube blockchain celebrity, Crypto Woman, annonced that she had a great idea for implementing a secure and cheap messaging service built around the messaging protocol built into the NXT platform. She is still looking for people willing to help her make her vision of a cheap and secure blockchain based secure messaging platform a reality.
“Build it and they will come…”
– Some of you noticed I am building a blockchain on NXT – both as a public service and demonstration of how easily it can be done. I am hoping the community will take part in this and have been looking for ways to open the dialog.Now I want / need input on how to rightly distribute the tokens. There will be other conversations too. I have a hosted Zoom and have set up a scheduled meeting for every morning at this time (6am EST – 7am). Please download the Zoom app and join me here. I’d love you input!
Join me here: https://zoom.us/j/6085743832
Janus – Status Update
Bjorn updates us and we continue to look forward to the launch of JNSHash mining, whatever it will be!
bjorn – I have to finish work with a developer before I can explain the second aspect, thanks for your patience.
Someone is going to have fun with his “adult Legos” as these cards undergo significant modding.
ETA: For information regarding JNSHash and how it will affect Janus tokens comes second week of November. At that time another part of video progress should follow. One thing, for fairness sake is that part of the requirement, if you desire to partake in the mining aspect, JNS user must have a minimum of 100k tokens. (100k min JNS for the base tier, 4 tiers total).
There is another step but its another benefit and not been made public. Not even XT groups know this yet. I have to finish work with a developer before I can explain the second aspect, thanks for your patience. comjnsxt and JanusXT already qualify. Top tier is anything over 2 mil JNSHash. All I have for today, be well all.
— Luis_Batista (@FloatingLamps) October 6, 2017
ascendus – JNSHash will mine Bitcoin Gold right after the chain goes live and GPU mining software release.
Adel – Status Update
Adel is looking to grow their Blockchain Startup Incubator brand. They are looking for great ideas that they can help nurture and grow into a disruptive and transformative reality.
Have an innovative idea for a Blockchain business? Six steps to turn dreams into reality – Join Adel Blockchain Startup Incubator
— BlockchainConference (@Blockchain_Conf) October 11, 2017
Read the latest great Adel article by Wolffang:
Adel’s first incubated project will be iFin.io.
Bitswift – Status Update
Bitswift continues to look to build an advisory board. If you own a significant amount of Bitswift tokens (15,000 +) you are elligible to be a voting member on the advisory board that governs the future rollouts and implemetations of the Bitswift tokens. The tokenswap that ended a couple of weeks ago has nearly half a million unclaimed tokens in it.
We are still looking to build a Bitswift advisory board. Seat members must hold 15,000 Bitswift tokens. PM us if you are interested.
balance remaining unclaimed at this time: 446,879.3936604
Last day for token swap. If you are still on the old blockchain you are going to have a bad time
We will make some formal announcement about the outcome of the swap, including what is to happen with the unclaimed tokens. We will use them to transparently develop the Bitswift ecosystem, we also promised we would be eliminating a portion from supply adding increased scarcity attribute to all remaining. Our shop is having products added it to it as we speak, its quite a tedious process but we have hired someone on now as dedicated product manager. We have also started to put together a dev team to start rolling out on our digital product line. The future looks good #bitswift.
— bitswift.shop (@ShopBitswift) October 15, 2017
DeBuNe – ERC20 Token Swap
In the first newsletter of this month, we announced the Debune token swap. It is ongoing and there are only 15 days left to participate in it. Act fast before you forget and miss out on the opportunity.
So far 90’670.6862 DeBuNe assets have been sent back to be swapped with ERC20 tokens.
There are still 158’772.24 that needs to be returned Before the end of October, or else they will end up not being swapped.
Whoever desires to swap the DeBuNe assets with DBN after the launch of the DeBuNe blockchain, please send them back specifying so in the message.
15 days left.
NXT IN THE MEDIA
Lior Yaffe in Medium – Cardano More Secure than NXT?
In what can only be called outrageously false, Cardano claimed last week that they were somehow more secure than NXT. Clearly they did not do their homework before writing this claim. Lior Yaffe responded, point for point, in his Medium blog, throughly putting this claim of Cardano’s six feet under the ground: dead and buried.
“The first significant work on proof of stake was conducted by the team of the Nxt cryptocurrency, but their protocol had significant flaws and no formal verification.”
— NXTER Magazine (@Nxter_org) October 13, 2017
You get that? A token launched to mainnet 10 days ago claims that the NXT POS protocol which is running securely in production for 4 years, as a public blockchain, in hacker infested environment “had significant flaws”. Maybe they should say “has significant flaws”, what are these flaws? They didn’t say.
I decided to take a look at their Whitepaper but ran into a 50+ pages wall of text full of mathematical jargon which is practically unreadable for a software engineer like myself.
Then browsed through their documentation and quickly found pages like DIFFERENCES BETWEEN PAPER AND IMPLEMENTATION i.e. the paper describes an amazingly secure system (?) but this is not what they implemented. Then they describe a naive UPDATE SYSTEM MODEL which lets the stake holders vote if to upgrade to a new version, good luck with that, and BOOTSTRAP ERA which allows only “bootstrap stakeholders” to generate blocks and will end “when bootstrap stakeholders will vote for it”. Why would they vote for it?
Dear Cardano team, please show some respect.
I do respect nxt and out of respect we'll remove the significant flaws statement. I didn't notice it in our documentation
— Charles Hoskinson (@IOHK_Charles) October 14, 2017
Cointelegraph – Industry Experts Believe Bitcoin Headed to $6,000
Lior Yaffe, Nxt & Ardor core developer was interviewed about his take on the ceiling for Bitcoin. He sees a ceiling, but the supremacy of BTC is not going away immediately as it is the fiat currency of the crypto world, much like the USD is the fiat currency of the financial world.
“The recent increase in Bitcoin’s value is likely due to it being the de-facto exchange currency between the fiat and crypto worlds, much the same as the US dollar is between fiat currencies. It is quite obvious that Bitcoin is not going to replace any fiat currency any time soon due to scaling issues and the waste generated by the POW process. Going forward I predict that most innovation in the crypto world in the mid to long term will take place on POS based blockchains, but being the bridge between the worlds gives Bitcoin a huge short term boost.”
Improprieties Cointelegraph Article
We do not usually talk about propaganda articles promoting other coins in this newsletter, but every now and then we are forced to, specially when we realize that these articles contain, for unknown reasons, some improprieties concerning the Nxt blockchain. That has been the case with Cointelegraph this time:
…Pure PoS without continual use of PoW was first conceptualized by NXT but its first actual implementation occurred on Blackcoin (BLK). Blackcoin was …released in February 2014, a month before NXT
That is the only mention of Nxt, the first 100% POS crypto platform, that you’ll read in an article which is, supposedly, devoted to PoS coins. And that statement is a blatant and outright lie.
Nxt launched in November 2013. It can be verified here, here or here, or in many other publically available resources. Even Cointelegraph itself mentions the date Nxt was launched in some of their previous articles. Some users and well-known members of the Nxt Comwell-knowne also pointed Cointelegraph their mistake:
— Bas Wisselink (@DamelonBCWS) October 15, 2017
Nxt launched in November 2013 as the first 100% PoS coin ever. Who doesn’t know that? It even says so on Nxt’s website but you don’t provide a link to it – why?
It looks like you let some dude from Blackcoin community tell your what’s the recent story of PoS, and then you call yourself “Cryptoeducator”? Please do your research and stop spreading misinformation, thank you.
The Nxt core dev team releases the world’s first scalable PoS blockchain-as-a-service platform in Q4 this year. It’s not some “idea”, it’s finished and you can use it on testnet, yet you do not mention this acknowledged project at all. Why o why don’t you think a scalable PoS child chain platform with built in smart contracts like p2p marketplace, Aset Exchange, crowdfunding, dividend payment, data cloud, shuffling, voting, etc, belongs in “The History and Evolution of Proof of Stake”?
We expect Cointelegraph to fix their mistake as soon as possible. A media with this reputation should not tolerate this. Jelurida and Blonde 2.0 are already pulling their strings to make this happen.
Blonde 2.0 rep spoke with the editor of CT and she will make sure that they will amend it.
TradingView – Holding Ardor
TradingView – ARDR to be a 10x for Stone Hands
TradingView – ARDR Here we go