Nxt News – June 2017 (III): Freedom Is Nothing More Than a Chance to Be Better

June 2017 (III)

 

Welcome again, fellow Nxters!

Whatever your interest and whoever you are, we have something for you as we recap the last week!

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by apenzl, jose, rubenbc, jagd, and is proofread by Travin Keith.


NXT COMMUNITY

  • SNAPSHOT – The Genesis

First, here is some ear candy for Nxters. An abridged excerpt from “The Genesis” chapter of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions”, the book about the Nxt blockchain ecosystem, published by Nxter Magazine and Plaisir d’histoire.

“The Genesis: The Miss America of alternate cryptocurrencies” is a chapter about the very beginning of Nxt, how it was dismissed as a scam but ended up with not only making 73 initial investors extremely rich but also enriching the crypto world with a new technology and a decentralized movement.

Author of the chapter: Daniel M Ryan
Voice: Jess Allen
Ending Voice: Bill
Graphics: Savandra
Coordination: Travin Keith (Nxt Foundation)

SNAPSHOT – Nxt, unsurpassed blockchain solutions” is a collection of articles that look deep into Nxt – the history, the technology, its use cases, the community, and our visions. 

More information

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  • Chinese exchange BTC38 will transfer $ARDR/BTC to $ARDR/CNY

With this brief statement, BTC38, the popular and prestigious exchange based in China, announced that they will be ending BTC trading pairs. After contacting the BTC38 team, Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, confirmed that ARDR will be moved from their BTC market to their ARDR<>CNY market:

Hooray for growth and continued acceptance across the global community! These are exciting times for the ever growing Nxt community.

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  • The Nxt Giveaways continue

Another Easter egg was picked up on the blockchain this week.

A clever Nxter took a look at Twitter handle @OPeasterEggs and found links to a 2-phased transaction of 1 Jinn asset to the NXT-TKCU-J7TH-YBS6-CG3QL Easter eggs account. The asset transfer only needed to be approved by someone. This was done simply by typing a secret and broadcasting it to the blockchain – if only one knew the secret, of course. 1 Jinn asset has the current value of $223 (and was $160 at the time).

Was this first tweet enough?

Or was this one needed to give the final clue?

For those unaware, the number in the above tweet is the numeric ID of Nxt’s Genesis Account. The passphrase to this very first Nxt account, once chosen by BCNext, has been publicly known since a “doctorevil” picked it up. Now it’s found in nxtwiki.org, in Nxt Newsletters and even in books.

So, this clever Nxter logged in to the Easter eggs account, typed in the Nxt Genesis account passphrase, and thereby revealed the right secret and approved the Jinn transaction. Boom, there went the Jinn to this clever Nxter’s account, and bye bye off went the last few NXT in the account as well. Well done Mr. or Mrs!

The backstory can be found in earlier newsletters here, here, and in this blog post published in Nxter Magazine last Thursday: https://www.nxter.org/easter-egg-hunt-on-nxt-blockchain/.

There will be new Easter eggs to pick up this week, and of course, the hunt will take place on the Nxt blockchain. Is there a better way to learn about Nxt and Ardor child chains’ built-in features? And does any other blockchain offer its users the ability to set up treasure hunts and games via its Client GUI?

Please help spread the word about Nxt’s abilities and don’t forget to follow https://twitter.com/OPeasterEggs for freebies.

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  • Stocks.Exchange – Trading Platform Overview

More information

Stocks.Exchange explained by the Nxter.org community.

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  • Nxtwiki: Account Protection and ERC20 Out of the Box

Nxtwiki.org is a great resource for information and ongoing work, just like the Nxt and Ardor blockchain platforms.

Recently, Riker (Lior Yaffe, Nxt and Ardor core developer and a member of Jelurida) added a “How-To” which explains how easy it is to announce a new Nxt account’s Public Key to the blockchain:

Optimal Nxt Account Protection

Option 1 – submit an outgoing transaction from the new account

Any type of outgoing transaction will do, since the user is signing this transaction with his passphrase and by doing so records the public key in the blockchain.

Option 2 – another account can announce the public key of the new account to the blockchain

Any type of transaction in which the recipient is the new account will do. The sender needs to specify the new account public key as the publicKey parameter or using the wallet “Recipient Public Key” field.

Source and more information

In a former newsletter, we explained why announcing the Public Key (initiating the account) is important:

There is (an astronomical) 2^64 =~10^19 individual account addresses available in Nxt but 2^256 =~10^77 possible passwords. An obvious question is whether or not it is possible for more than one password to open the same account. The answer is no – not if you have announced its 256-bit Public Key (with the first 64 being your visible account number) to the network and incorporated it into the blockchain. Once this is done, in the very rare case that someone enters a passphrase that would generate the same 64-bit account number, the software will deny the use of the passphrase.

 

How to – Initialize a Nxt/Ardor Account without Issuing an Outgoing Transaction

Cold Storage can be easily achieved with NxtBridge OFFLINE, which also signs transactions OFFLINE.

NXT support for ERC20 tokens

Another new entry in the wiki aims to educate people who are not totally aware of the possibilities of Nxt’s inbuilt smart transactions, how the Nxt Asset Exchange API supports most of Ethereum ERC20 operations out of the box without the need to issue any smart contract, and that the Asset Exchange – additionally – provides full dex (Decentralized Exchange) functionality and options such as the ability to issue a singleton asset for reduced fee or delete asset shares, or send a dividend payment to all asset holders with the click of a button, straight from the Nxt Client GUI.

Nxt also supports a different type of token called “currency” – among other features, a currency provides the ability to restrict token transfers so that they are allowed only between the issuer account and the accounts that hold the token. This function prevents free trade of the token without the issuer’s permission which is desirable in, for example, the case of voting rights distribution. Voting being another Nxt blockchain feature.

Source and more information 

Travin Keith, mrv777, vanbreuk, mroenne, and a few others have now set out to update Nxtwiki.org in a big way together with Lior.

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NXT AE

  • Janus – Summary & TradeMimic

In the last Nxt Newsletter, we wrote about the Community Janus XT Token Share Program where 6 spots in the program were still open. Not anymore, as everything sold out fast. Effectively this means that another 2 million Janus tokens have been removed from circulation for at least a year.

Price correlation to the rising price of NXT:

 

 

BetterBets.io

born_bb: This month BetterBets.io NXT volume has dropped significantly, for our team’s part I have in testing the capability to offset this to a degree with other things. One of those is trading, which in the past I have done manually. Recently (past 4 days) I’ve been testing in my brief spare time a very complex but so far highly successful trading bot engine. Using semi conservative settings it is proving to be effective in 1-2% gains daily. The casinos, as everyone knows are unpredictable, in this industry the whales make up 90% of house profit or losses. I believe the rise of the NXT price is attributed to the decline over the past 2 months in NXT use on site – (Price rise significantly has in the past caused a drop off in high value betting). Therefore after more testing on the trading engine I’m using if it proves to be viable for an additional revenue stream I’ll put this into the Janus pool for divs.

Etcbets.com is growing fairly well, this message applies entirely to NXT betting on BetterBets.io and it’s significant decline this month.

I’ll keep everyone posted, as I cannot day trade full time getting this bot perfect would have direct results on income potential in time. As well as the rest of our sites in development.

The above trading is entirely my own thing and idea outside Janus team, so I’ll be using personal funds for now to fuel its start.

ETCBets.com

Speaking of unpredictable betting results, one ETCBets.com player (and Janus community member) hit the jackpot this week, which might result in a significantly lower dividend from that business this month.

https://twitter.com/ETCbets/status/874716455710982144

Business in the pipeline

This is it!

The long-awaited social fintech site from Janus, http://TradeMimic.com, is coming. Use the ‘Subscribe’ button on the site in order to receive periodic updates or just visit it to sit back and watch the countdown.

Expectations are high: this will be the first of the well-prepared large scale business ventures from the Janus Team, plus the one that will kick off Alphonso Morris Jr. as a spearhead and brand manager, with a team of professional crypto- and FOREX-traders up the sleeve to help the social marketing.

 

More information: #janusproject (Join Nxtchat on Slack) | Twitter

History and news: https://www.nxter.org/ae-janus-4348103880042995903

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  • Adelphoi Token at Exchanges

In more exciting news from last week, the Adelphoi token has been added to new exchanges as well as to the popular coinmarketcap.com.

Dusil writes:

Just three weeks after the close of our ICO, ADL is listed on another exchange CryptoDAO:

BTC/ADL: https://cryptodao.com/site/index/ADL/BTC
LTC/ADL: https://cryptodao.com/site/index/ADL/LTC
ETH/ADL: https://cryptodao.com/site/index/ADL/ETH
USD/ADL: https://cryptodao.com/site/index/ADL/USD
DASH/ADL: https://cryptodao.com/site/index/ADL/DASH

and the MT4 Based PRO Webtrade Platform: BTC/ADL: https://cryptodao.com/trade2/index?symbol=cryptodaoadlbtc

Our members are actively reaching out to new exchanges. This is a great example of how our community works together to succeed. If you have ideas or exchanges contacts to list ADL, then please email us at adel@adelphoi.io.

ADL is now on CryptoDAO, Stocks.Exchange and the Nxt Asset Exchange.

Please take a moment and actively share this announcement. Bittrex and other exchanges coming soon.

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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DEVELOPMENT

 

  • ARDR, Ardor, IGNIS and the Snapshot Block

Lots of (repetitive) questions are being asked in nxtchat.slack.com about the Ardor and IGNIS snapshots, issuance and timeframe. Fastest way to a FAQ is:
https://www.reddit.com/r/Ardor/comments/55tpc4/frequently_asked_questions_xpost_rnxt/

mrv777 sums the roadmap up like this:

Current plan from Jean-Luc:

1. ICO of Ignis, to last a month or so.

(There will likely be some time gap between the end of the ICO and the snapshot, could be days or weeks.)

2. One-time snapshot of ARDR and NXT balances (and aliases, MS currency names, etc).

3. Launch Ardor. The distribution of ARDR and IGNIS will be in the Ardor Genesis block.

ARDR

ARDR tokens have been distributed already!

The ARDR you hold in your Nxt account will be re-issued as tokens on the Ardor Blockchain.

The passphrase to your Nxt account will give you access to your Ardor Blockchain account as well.

 

Lead developer Jean-Luc recently added:

the ARDR token will be frozen at the snapshot block and no further transactions [on the Nxt blockchain] with it will be possible.

This is to avoid profiting from the ARDR asset token on the Nxt Blockchain once the Ardor network has been created.

IGNIS 

Information about the ICO:
https://www.jelurida.com/ico

TL;DR:

Jelurida will hold an IGNIS ICO for 50% of the tokens.

NXT holders will receive the remaining 50% IGNIS tokens automatically, 0,5 IGNIS for each 1 NXT they hold.

The distribution will happen in accordance to a 1-time snapshot of the Nxt Blockchain prior to the Ardor Genesis.

Full details of the ICO terms and conditions, with exact amounts and timeline, will be published as soon as all details have been finalized, but this will be at least one week before the start of the ICO.

 

 

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  • Europe’s Largest Blockchain Startup Competition

Do you have an idea to revolutionize the insurance industry? This contest can give you the necessary push to turn your idea into a project and earn a large sum of money.

APPLY NOW TO WIN $100,000! Bring your InsurTech ideas to life! Do you have a team or innovative startup? Then turn your idea into cash and win $100,000, one year of free office space and professional coaching!

Nxt Foundation member Travin Keith says:

I know some of the people running it. They’re great professionals and can really help a project move forward. Also, they welcome Nxt and Ardor-based solutions, so I encourage people to apply!

Check the participation criteria here.

Source: http://www.blockchaincompetition.ch/en/

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NXT IN THE MEDIA

  • Steemit – NXT and ARDOR are going through the Roof

Source: https://steemit.com/cryptocurrency/@askaran/nxt-and-ardor-are-going-through-the-roof

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  • Janus Token Registers Phenomenal Growth 

As Janus sends out a press release about its past, present, and future, Nxt and its Asset Exchange gets a little mention too.

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PRICE EVOLUTION

  • TradingView – ARDOR breakout coming?

 

Source: https://www.tradingview.com/chart/ARDRBTC/EAd2xgxd-ARDOR-breakout-coming/

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  • Trading View – NXT Short Corrections

NXT SOLID PROJECT & FUNDAMENTALS- TIME FOR SHORT NOW-BETTER BUY TARGET IS BETWEEN 4000-5500
HODL IF YOU GOT IN EARLY!!! FUTURE IS BRIGHT:)
GOOD LUCK WITH YOUR TRADE! PLZ FEEL FREE TO COMMENT!

Source: https://www.tradingview.com/chart/NXTBTC/G3o0AV3I-NXT-SHORT-CORRECTION/

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  • Weekly NXT/ARDR Price Evolution

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

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

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And that is it for this week! Stay tuned as we continue to provide you with an all-in-one platform for your news of Nxt, Ardor and the ever growing position of prominence we have within the rapid and fast changing blockchain technology landscape. Our commitment to you, dear readers, is to keep you informed.

Nxt News – May 2017 (IV): Only Those Who Will Risk Going Too Far Can Possibly Find Out How Far One Can Go

May 2017 (IV)

 

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

NXT COMMUNITY

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Jelurida – Blockchain Expo Europe 2017

Jean-Luc, Nxt and Ardor core developer, has announced that Kristina Kalcheva and Tomislav Gountchev, both members of Jelurida, will be attending  the Blockchain Expo Europe 2017 event, which will take place on the 1st and 2nd of June in Berlin. This event will be focused on learning and building partnerships in the emerging blockchain space and will explore the industries that are set to be disrupted the most by this new technology. These include: legal sectors, financial services, healthcare, insurance, energy, music, government, real estate, and numerous others.

Jean-Luc states:

Jelurida will be presented by Kristina and Tomi at Blockchain Expo Europe June 1-2, 2017 in Estrel, Berlin.

This event will be bringing together more than 1500 people across key industries for two days of world-class content from leading brands embracing and developing cutting-edge blockchain technologies.

The Blockchain Industry conference track will look at a variety of platforms and services from startups to cloud providers, including developer networks, applications and APIs as well as the impact on legal, finance and government sectors with smart contracts.

Blockchain Technologies will focus on the evolution of blockchain and its applications. The conference will explore the many launches and trials being conducted, the different uses of blockchain technology in these verticals, and the vast opportunities in these sectors.

Source and more information: https://nxtforum.org/general-discussion/jelurida-attending-blockchain-expo-europe/msg232059/?topicseen#msg232059

https://blockchain-expo.com/europe

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  • Janus – Introducing Alphonso Morris Jr

On the 18th of May, the Janus team organized an interesting Questions and Answer (Q&A) session which was moderated by Travin Keith, Marketing Director and Blockchain Advisor of the Nxt Foundation, on the #janusproject channel on NxtChat on Slack. The aim of this event was to make public the addition of Alphonso Morris Jr as the new Content Product & Marketing Manager as well as Public Relations & Brand Ambassador for the Janus team.

Travin Keith, aka Marenkar, gave the starting signal this way:

Welcome everyone to the QA with the newest member of the Janus team, Mr. Alphonso Morris jr. I have personally verified his information to be accurate based on several techniques to prove identity.

Below are some answers given by Alphonso to the questions stated by users:

Question: Who are you and what is your career experience?

Alphonso: My full name is Alphonso Morris Jr… I have several years of experience in various fields not as much in the Crypto / Blockchain world more so in the fields of Photograpy, Event Planning & Promotions. Public Relalations Director, Artist Management, Personal Assistant, Music & Television for over 20yr

Q: What ways will you help the Janus team expand grow as both a team and future company?

A: Explaining how good something can be to others is easy when you have a team & product as good as this . Were all driven to succeed focused on producing quality, I believe creative minds tend to work well together my interactions with members of the team has been very good. I believe my 30 plus years of public relations, world travel and personal contacts will benefit the team as we grow. I’m anxious to get into the creative process.

Q: What advice do you have for potential investors looking at JANUS?

A: I joined the team two months ago and my observation of Janus is that its a solid company. They have good direction, good products, dedicated to their investors and their brand. Janus is also growing exponentially

Q: To what degree can you utilize your ‘special’ industry contacts to help your team gain an advantage with online business sites and other Janus activities?

A: From my personal experience we are only as good as our word on any level. Information is power in the right hands coming from the right people. I’ve earned mutual respect from some influential people in the entertainment industry who Iv’e worked for or with over the years. People like Ken Ehrlich (Tv Producer Grammys), AMA’s, Usher Raymond (Music Producer / Entertainer) I consider close contacts. There’s always the possibility of a outright endorsement of a product, company, idea or the like based how Bjorn wants to proccede… With my unlimited contacts in music and television it wouldn’t be a problem for me to explain Janus to as many influential people and companies as possible

Q: Since you are the brother of Boyz2Men member, do you know Beyonce through him? There’s a group trying to parody her name as blockchain.

A: She was on The Evolution tour with Destiny’s Child and Boyz II Men in 1997. I was their personal photographer during the tour.

Q: Speaking of Nxt, did you try to play with Nxt features? And if yes, what is your first impression?

A: Yes I have It installed and have looked at it. Its a very powerful platform!

The session extended for over an hour and there was time to discuss many questions about the present and future situation of Janus, but there was also time for sharing some personal and professional anecdotes from situations that only a person immersed in such a world as Alphonso has experienced throughout his career. No doubt he is a great addition to the Janus team.

You can read the full Q&A session on the #qa_answers channel on NxtChat on Slack.

Source and more information: https://www.nxter.org/ae-janus-4348103880042995903/

#janusproject (Link to join Nxtchat on Slack)

News compilation about Janus

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  • Adel – 20% Extra Bonus For The ICO Contributors

Adel, the blockchain project incubator that uses Nxt technology as a base to build its ecosystem, has recently published its 11th Whitepaper, titled “Foundation of a Community Accelerator”, where a new plan is outlined to make sure that enough funds are collected to move forward with building the Adel ecosystem and progressing with its roadmap.

This way, in case the 900 BTC minimum will not be reached, ICO contributors will have the opportunity to vote for the adoption of this new plan that will give ICO participants the ability to receive a new 20% Post-ICO bonus on their contributions, in addition to the ICO bonuses already achieved through the ICO. Contributors will also have the chance to ask for a refund of their contributions before this voting process takes place. You can find more details about all of the above in the aforementioned White Paper.

G. Dusil: the advantage is that 1st round contributors all get a 20% Post-ICO bonus plus their accumulated ICO bonus – contingent on the members voting on the plan outlined in the white paper. In other words, we either refund contributor BTCs back to participants, and no ADL will be issued, and no bonuses. Or contributors agree to the plan and get up to (a theoretical bonus limit of) 40% more in ADL. Make sense?.

At the same time, the Adel team has announced an initial agreement with the exchange Stocks.Exchange so that the new “Adel” token will be listed in this exchange once the ICO is over. This exchange was created by Vadym Kurylovych, a member of the Nxt communty, where, in addition to buying and selling some tokens like Nxt or BTC , you can also receive dividends on your account which are issued to token investors. This has already been done with the JNS assets that users can keep on their account in this exchange.

G. Dusil: We are excited to be working with Stocks.Exchange, as our first crypto exchange provider.

More information: ICO Portal

The Adel ICO is live

Stocks.Exchange ICO

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  • Ardor – Bundler example

On the 15th of May, Marenkar opened a 1250 ARDR bounty (i.e. around 160$) on the Ardor channel on Reddit to the first user who could correctly expand and solve a challenge. The proposed challenge was:

Set Up

Jayne is forging ARDR and let’s assume that he will forge the next block.

Mal sets up bundler with

Minimum Rate = 5 IGNIS/ARDR Therefore, a single basic transaction will cost 0.5 IGNIS because 5/1 = 0.5/0.1 where 0.1 ARDR is the base transaction fee.

Fee Limit = 10 ARDR Therefore, Alice will pay the maximum fee of 10 ARDR ( VERIFY This means that once 10 ARDR has been paid, the bundler will be shut down. )

Overpay = 0 ARDR No overpay in effect. ( EXPAND In your example, include an overpay more than 0 and explain what happens to it)

Transaction

River sends 5 IGNIS to Simon and pays 0.5 IGNIS to Mal, as he is the only bundler ( EXPAND Explain what happens if another bundler is present. What condition would make Mal be the bundler over the other bundler? Also include the information of the other bundler like how I did with Mal’s. Use whatever other name you like. ). Mal then receives the 0.5 IGNIS.

There are no other transactions in the child chain block so Mal pays Jayne the 0.1 ARDR fee to include the transaction in the block.

It did not take long before GCMartinelli, a new community member, solved the problem by drafting a detailed response which was later confirmed and accepted as valid by some of the Ardor core developers, thus winning the prize. You can see the full explanation on the Ardor channel on Reddit. We recommend that you frequently check this channel in case more bounties come up.

Source: https://www.reddit.com/r/Ardor/comments/6b8n9e/ardor_bounty_opportunity_bundler_example/

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  • Jelurida – Ignis ICO

As we already announced some months ago, the IGNIS token will be the primary transactional token on the Ardor network when it launches, and until new child chains are spawned. Ignis tokens will be distributed ~ 50/50 to NXT holders/Nxt core development team. The ~ 50% Ignis which are to be distributed to the core development team will be theirs to use to fund the continued development of the Nxt and Ardor platforms.

Jean-Luc, wrote:

Ignis will be created in the Genesis block of Nxt 2.0. At the moment NXT holders will get 50% Ignis of their NXT balance. The other 50% will be reserved for the devs, for instance to do an ICO with, or something else. As this is still one year in the future, the exact method of this is still being debated.

This week, Jelurida, the corporation that brings together all the Nxt and Ardor core developers, has announced that it’s preparing an announcement with more details about the upcoming Ignis ICO:

Jelurida will conduct an ICO (Initial Coin Offering) for most of the 500,000,000 remaining IGNIS coins planned to be created, in a crowdfunding sale, to be performed before the above mentioned snapshot. The funds collected in the ICO will be used by Jelurida to ensure the future development of the Nxt and Ardor blockchain platforms. Some small percentage of IGNIS coins may be kept by Jelurida for future use, but as the goal of the ICO is to provide financing for the company, most of the funds collected will be converted to fiat and not kept in crypto.

Full details of the ICO terms and conditions, with exact amounts and timeline, will be published as soon as all details have been finalized, but at least one week before the start of the ICO.


Source: https://www.jelurida.com/ico

Ardor and Ignis distribution

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  • Shuffling – ARDR Assets

Coin and Assets Shuffling is a core feature on Nxt which enables users to mix their funds quickly and efficiently with other users’ funds by creating a random mapping between the existing user accounts and new recipient accounts provided by the users.

A few months ago it was customary that some members of the Nxt community set up a weekly “shuffling party” to make use of this Nxt feature and shuffle some NXT in a decentralized manner with differente users, thus showing the world the potential and abilities of this platform.

Recently, lurker10 has invited the community to re-launch this interesting initiative but, this time, using the ARDR asset for the shuffling.

lurker10 states:

The first party time was amid grim times of the bear market, the link has insights for what to expect and best practices: https://nxtforum.org/general-discussion/shuffling-party-time/

Let’s do it again for ARDR asset on Shuffling Sundays?

Please remember that participants must keep their node running at the time the shuffling process takes place in order for it to finish properly, together with other minor conditions. Initially, the agreed on time was on Sundays between 15:00 UTC and 18:00 UTC, because this was the time which was most convenient for multiple time zones in order to have the largest number of participants. However, always check the active shufflings in your Nxt client to see which ones are open.

Jean-Luc also states:

One good reason to shuffle ARDR now is that on the Ardor platform it will not be shuffleable, parent chain does not support coin shuffling. Do it now before the snapshot, while it is still an asset.

Source and more information https://nxtforum.org/general-discussion/shuffling-party-time-(ardr-edition)/msg232092/?topicseen#msg232092

https://nxtwiki.org/wiki/Coin_Shuffling

https://bitbucket.org/JeanLucPicard/nxt/issues/325/coin-shuffling

http://crypsys.mmci.uni-saarland.de/projects/CoinShuffle/coinshuffle.pdf

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  • Job offer – Java / Blockchain Developers and Senior Blockchain Engineer

The blockchain industry and its applications are booming. As a result, more and more people are interested in this technology and new developers join this ecosystem everyday. Recently, some job offers were published on Nxtforum and NxtChat on Slack related to blockchain. The candidates must have enough familiarity and expertise with the Nxt blockchain. These are the job offers:

kirbypuckett states:

…The company’s developing on open source version at the moment but is in advanced discussions with Jelurida about license

Flgalaxy is a FinTech company founded in 2015 with the goal of reaching out and letting consumers and merchants have the tools needed to build lasting relationships with customers. It builds applications using the power of blockchain architecture to offer secure borderless commerce options from the ground up.

We strive to further the movement around the world to open up markets and empower individuals and businesses alike to work together and establish prosperous local communities while also bringing people together by further allowing people with unique products to get them to the public.
We hope that with the advanced tools that we provide, our partners can continue to grow and develop new businesses and build strong relationships with customers by rewarding them in ways that help them continue to enjoy the new products that come as a result of their efforts. We believe that the blockchain is an a powerful emerging force in freeing the global economy and that is why we have chosen to place our time and effort into building apps that leverage its strengths to continue the process of removing barriers and rewarding consumers and businesses alike.

Source: https://nxtforum.org/job-board/recruiting-java-blockchain-developers-great-pay-in-london-office/

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  • Nxter Magazine – 2000 Followers on Twitter and 450 Newsletter Subscribers

We have a reason to celebrate! Nxter’s twitter account has reached 2000 followers and our weekly email newsletter is already regularly sent to over 450 subscribers! Thank you all!Nxter is a community driven initiative, so we encourage you to keep giving us your support and sharing our news and articles to achieve wider visibility. Remember that you can also publish your own articles, subscribe to our newsletter, or follow us on social networks, in order to always stay on top of everything that happens around Nxt and Ardor.

More information: Nxter.org Twitter

Spanish Twitter

French Twitter

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DEVELOPMENT

  • Beecrypt – A Decentralized P2P Exchange That Will Be Built On Top of Ardor

Beecrypt is company based in Bangalore, India, managed by highly specialized technology experts, successful entrepreneurs, and veterans in the semiconductor & fintech industry. This company has recently announced that Beecrypt’s flagship product, Migretor, a decentralized P2P exchange for cryptocurrency, as well as a wallet, will be built on top of Ardor.

Migretor would be featuring:

  • Usability with an easy to use application which runs ubiquitously on all platforms
  • Secure, with no custodian for user funds. Users will be in full control with no trusted third party of their funds
  • Utmost transparency in exchanging in a decentralized manner by locally signing all transactions before broadcasting to the network
  • Unprecedented privacy with end-to-end encrypted message exchanges
  • Robust, effective against DDoS
  • On chain transactions
  • Cost-effective exchange

Hariharan Parasuraman, CEO at Beecrypt states:

Beecrypt is excited to develop Migretor on top of the Ardor blockchain platform as it offers the first real world solution to the blockchain bloat problem.

Source and more information: https://www.jelurida.com/beecrypt-migretor-decentralized-exchange

http://beecrypt.io/index.html#partners

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NXT IN THE MEDIA

  • The Wiring – Ardor Fees, Child Chain Fees, Bundlers, Forgers… Let’s Clarify

TheWireMaster, an active member of the Nxt community, and admin at NxtFolks as well as the composer of the Ardor song, has recently published an article titled “Ardor Fees, Child Chain Fees, Bundlers, Forgers… Let’s Clarify” at TheWiring.com. The text explains how the forging process on the Ardor main chain will work as today’s NXT forging. However, in Ardor, these blocks will contain transactions from the main chain and from the child chains. The Ardor main chain will be the only one forging and providing the blockchain infrastructure to all child chains.

The article includes some practical examples showing how the bundling process works.

A “bundler” is the link between the child chain and the main chain. It’s the one that collects the child chain fees and then pays the main chain (Ardor) to pack those transactions in a block…

…The field “Minimum Rate” is a multiplier for the defined Ardor fee for that specific transaction. The result of that multiplication will be the minimum transaction fee in child chain token users will have to pay so that the bundler will bundle their child chain transaction

“Fee Limit” is the total amount you want to spend in Ardor fees.

“Overpay” is the extra you want to pay more in case of competing bundlers. This is a multiplier of what you will pay in terms of Ardor fee.

Let’s hypothetically assume that these are the fixed prices for a couple of transaction in Ardor (still in development so let’s not be too picky with the exact amounts):

Basic transaction (money transfer, sending message, etc): 0.1 Ardor
Asset issuing: 1000 Ardor

Now lets assume a bundler is set with these parameters:

Minimum Rate: 10
Fee Limit: 200
Overpay: 0.1

Someone now sends a message to someone else in the Ignis child chain. The client will automatically set the fee to the minimum fee offered by the bundlers. Let’s assume that our bundler is the only one, then the fee that will be applied will be:

0.1 Ardor fee x 10 Minimum Rate = 1 Ignis

So the message will be delivered with 1 Ignis fee.

The bundler then has to pay 0.1 Ardor + (0.1 Ardor x 0.1 Overpay) = 0.11 Ardor

Source and more information: https://thewiring.com/2017/05/19/ardor-fees-child-chain-fees-bundlers-forgers-lets-clarify/

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PRICE EVOLUTION

  • TradingView – Time to Continue this Crazy Race with NXT

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 Paulto. This user has given his thoughts of the path that NXT’s price is going to follow.

The Bears left a dance floor, new strong lever support detected, seems like a good time to enter this mad train now

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

Source: https://www.tradingview.com/chart/NXTBTC/JkklY8cv-Time-to-continue-this-crazy-Race-with-NXT/

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  • Weekly NXT/ARDR Price Evolution

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

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

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Nxt news – May 2017 (III): The Only Freedom You Truly Have is in Your Mind – Use It

May 2017 (III)

 

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

NXT COMMUNITY

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Blockchain Event by El Pais Retina – Decentralized Voting

In this month’s first weekly newsletter, we announced that Lior Yaffe, Nxt and Ardor core developer and member of  Jelurida, was going to attend to the Retina technology forum, an event that took place on the 9th of May, 2017 at the Palacio de Congresos de Madrid (Spain), which was organized by El País, the largest circulation newspaper in Spain, and Accenture. At the forum, many different round-table discussions took place and lectures were given by acclaimed experts, including Lior himself.

This technology brings transparency in everything we do, allowing users and corporations to save time and money in a safer way, by getting rid of middle men.

For over 15 minutes Lior Yaffe and Alfonso Peña, the Communications, Media, and Technology Senior Manager at Accenture, had the chance to explain a plausible real-life voting use case based on blockchain technology, more specifically with the technology of Ardor, in a very simple, fast, effective, and completely decentralized way. The Voting System is one of the many features included in the core of Nxt and Ardor. There are many others, such as Account Control, Encrypted Messaging, Decentralized Data Cloud, Decentralized Asset Exchange, Decentralized Marketplace, and many others, which make it possible to perform a wide variety of practical use cases as Lior and Alfonso show:

Some traditional newspapers in Spain have written about this decentralized voting application, such as Cinco Dias, the second largest economics-focused newspaper in Spain.

Source and more information: http://retina.elpais.com/retina/2017/…

http://retina.elpais.com/retina/2017/05/09/tendencias/1494354926_917898.html

Cinco Días – Wednesday 10th of May, 2017/Number 1,307

https://www.jelurida.com/accenture-ardor-blockchain-voting

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  • Nxt in a Box – How to Set Up a Nxt Node on a Raspberry Pi 2

One of the multiple advantages of the 100% Proof-of-Stake algorithm used in Nxt is the possibility of taking part in the block forging (Nxt’s version of mining) process using basic equipment as a simple Raspberry Pi, thus only needing a minimum investment in terms of hardware for a node up as well as minimal energy consumption when it is operating with just a few watts per hour.

This low energy consumption was a key factor in the creation of a prototype of the self sustainable Nxt node by zuqka, a member of the Nxt community, which constitutes a complete Nxt node completely powered by solar energy.

Coretechs, also a well known member of the Nxt community who is in charge of nxtportal, has updated and added new explanations to his step-by-step tutorial to set up a Nxt node on a Raspberry Pi 2.

I updated the instructions to create a separate startup script for screen rather than modifying run.sh.  The links to the JDK and NRS downloads have been updated to the latest versions as well.

You’ll need the following materials in order to build your Nxt node this way:

  • Raspberry Pi 2 or 3 (model B)
  • 8GB+ microSDHC card (Class 6 or higher recommended)
  • Micro USB cable for power
  • Cat 5 network cable or USB wifi adapter
  • USB keyboard, monitor + HDMI cable (initial setup only)

Once you’ve set up your node, you’ll have to modify the config file as shown in this article in order to participate in Megalodon’s campaign to further reward forgers.

Source and more information: https://nxtportal.org/blog/nxt-in-a-box-rpi2.html

The Forging Bounty Lottery

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  • Jelurida – Using Nxt and Ardor Without Installing the Core Clients

Jelurida added some direct links on its website for people to try the official Nxt client (mainnet),  Ardor client (testnet), as well as a Nxt client for the testnet, without needing to download or install anything. This way, users can check out the features and functionalities of Ardor and Nxt and experience the technology in an easy and safe way, because these are open nodes managed by trustwhorthy people, that use an https connection to establish a safe connection.

However, for maximum security, we always recommend running the official client in your own computer (or your local network), and either wait for the the full blockchain to download or run the Nxt client in light mode.

Lior Yaffe, aka Riker, states:

We now implemented live blockchain access directly from the Jelurida web site  for NXT mainnet and testnet and to the Ardor testnet.The good thing is that it’s using Https on port 443 so that you can also access it from inside your corporate network for demo purposes or just when your boss in not watching.Disclaimer: the mainnet node is running on a VPS and secure by our sys-admin, however, do not treat it as a fully secure online wallet. There is always a (very small imo) risk that this node will get hacked and a malicious JavaScript injected into it to try to steal your passphrase. We take absolutely no responsibility over this.

Source and more information: https://nxtchat.slack.com/archives/C0JR4J5NF/p1494568283575599

Link to the the Nxt Client interface on mainnet by Jelurida

Link to the Nxt client interface on testnet by Jelurida

Link to the Ardor client interface on testnet by Jelurida

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  • Janus – New Projects and Q&A Session

On the 18th of May at 13:00h CEST, there will be a Questions and Answers session at the #janusproject channel on NxtChat on Slack, where a new and, according to rumors, remarkable member of the Janus team who will be introduced to the community. Travin Keith, Marketing Director and Blockchain Advisor at the Nxt Foundation, will be organizing this event and confirm the identity of this mysterious new Janus team member after they are revealed.

Bjorn states:

This individual brings with him over 20+ years of experience and contacts within various industry, primarily entertainment. He has personally met world leaders, and celebrity alike that are well known in pop culture past and present. His experience will be vital to our team and company success now and long into the future.

To avoid making extravagant claims we will have the Nxt Foundation confirm publicly his identity, followed up with LinkedIn and other factors that cannot be faked. I have also met him under circumstances that are impossible to fabricate his roles in the past.

Please mark the date and time down if you plan to attend this Q&A and thank you in advance for joining the event!

Moreover, the Janus team has also launched their new website, EtcBets.com, an online casino with the Ethereum Classic (ETC) community in mind, in order to provide a fun and safe place to play and bet, which generates an extra source of income for the owners of Janus and JanusXT assets.

I’m very proud as a Janus team member to provide this site for the Ethereum Classic community. It comes at a turning point in our careers where we will be soon shifting into mainstream industry. While we cannot predict the future I can foresee huge potential in our concepts and direction. If you haven’t researched our work, I invite you now to come take a look.”

We´re proud to announce the launch of our new website EtcBets.com, a centric Provably Fair igaming for Ethereum Classic.

Official Thread: https://bitcointalk.org/index.php?topic=1907827.0

Janus holders can expect an addition to the monthly NXT profit share ( 90% of the NXT profit * from BetterBets.io),  .
an extra revenue stream to Janus and JanusXT holders from this centric ETC blockchain business:

10% to Janus holders, 10% to JanusXT holders, 10% to the Ethereum Classic development teams, and 70% to the Janus Team
* Please keep in mind, that not always the profits will be equal due to the nature of BetterBets.io and  EtcBets.com . Sometimes the house wins and sometimes it loses, although we´ve a standard house edge of 1%.

Source and more information: https://nxtchat.slack.com/archives/C302TRJAV/p1494598583299736

https://www.nxter.org/ae-janus-4348103880042995903/

#janusproject (Link to join Nxtchat on Slack)

Janus new’s compilation

https://bitcointalk.org/index.php?topic=1907827.0;all

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  • Adel – Roadmap and New White Paper Published

Adel, the blockchain project incubator that uses Nxt technology as a base to build its ecosystem, has recently published its 10th Whitepaper titled ‘Designing a Blockchain Incubator‘, together with a detailed road map showing the upcoming milestones in its project development and execution.

Gabriel Dusil, co-founder & board member of Adel, states:

We are passionate about Adel, and have great plans for the ecosystem, so we will present a compelling roadmap to the participants of the ICO,

Feb 2016 Adel is founded

Jun 2016 Phase 1 Ecosystem Architecture

Dec 6th 2016 Website is launched

March 17th 2017 Adel Ecosystem Limited is registered in the Isle of Man

May 1st 2017 ICO, round 1 begins

Jun/Jul 2017 Adelphoi, ADL is listed on exchanges

Jun 2017 Community module development begins

Jun 2017 Phase 2 Legal & Investment structure development begins

Jun 2017 Idea to Project Supply Chain begins

Q3 2017 Ardor is released

Q4 2017 Adel becomes child-chain of Ardor

Q1 2018 Investment entity established

Q1 2018 Adelshare, ADS equity token is established

Q2 2018 First projects are funded & launched

Q2 2018 Phase 3 Project Execution

Whatever the result of the ICO we plan to plow forward with Adel, because the seed capital already raised is enough to establish momentum to build the second phase of our ecosystem (see WP#10).

Adel’s ICO has already collected over 200BTC. However it’s far from the minimum of 900 BTC required to be collected by the end of the ICO process. Despite this, it is possible that the the aforementioned road map, together with the translation of the website and ICO landing page to Spanish and Russian, boosts this ICO.

More information: ICO Portal

Twitter    LinkedIn    Facebook     Reddit

The Adel ICO is live

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  • 19800.com – New Market ARDR / CNY

19800, an exchange based in China, now allows users to trade ARDR straight with CNY (Chinese Yuans). The announcement of the inclusion of this new pair will hopefully include an increase in Ardor technology as it seems to have created big expectations for traders.

While other exchanges, such as HitBTC, ChangellyPoloniex, and Bittrex, allow users to trade ARDR with BTC. This inclusion makes 19800.com one of the few exchanges, together with Litebit, that allows you  to use fiat money to buy ARDR.

Source: https://www.19800.com/market/cny_ardr

https://nxtchat.slack.com/archives/C35SXSXP1/p1494730571657518

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NXT IN THE MEDIA

  • CoinTelegraph – Reviews and Articles About Adel

CoinTelegraph has recently published a string of articles analyzing and talking about Adel and its community-based ecosystem, which will rely on the features and advantages that the Nxt & Ardor platform are able to offer for administrative purposes,  whilst adopting the best business procedures to manage the projects. The articles include a lot of information about Adel and the ICO that is currently going on:

Among Adel’s features are:

  • The Board, comprised of several people, who are experts in various aspects of business. The proclaimed purpose of the Board is to direct the development of the community and provide guidance to the Blockchain-powered projects whose development will be facilitated by Adel;
  • A thoroughly developed and described process, which Adel will use to help the new Blockchain-based companies throughout their early existence, from the stage of an idea to a fully functioning use case;
  • Adelphoi, a cryptocurrency token which will be used to power the inner workings of Adel’s ecosystem. It provides an easy and transparent way to exchange value between the participants.
  • Three planned projects, whose implementation is set to begin right after the end of the three rounds of funding of Adel. Their descriptions and implementation plans are available on Adel’s home page as project 01, project 02 and project 03.

As these texts explain, Adel intends to build a community composed of enthusiast innovators who will be the base to build new business, starting from an idea and steering, funding and boosting all the process with the participation of the community.

Gabriel Dusil, co-founder & board member of Adel, states:

After researching the digital currency market, Adel chose Nxt’s Blockchain-as-a-Service (BaaS) platform due to the features it presents that Adel can employ for its community. Adel will also use Nxt’s Ardor, which has further features that Adel will use for its project portfolio.

Source and more information: Adel – ICO Due Diligence

Adel – Why Fintech Incubator Launches ICO,

Adel – How Digital Currencies Help Create Real World Solutions Explained

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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Nxt News – May 2017 (II): Entertainment May Be the Most Effective Mode of Learning

May 2017 (II)

 

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

NXT COMMUNITY

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • NxtChat on Slack – 1500 Registered Users!

Nxt’s Slack is one of the places for the Nxt community to discuss and share news about Nxt. Since its inception in January 2016, it’s now reached over 1,500 users and 31 dedicated channels for various purposes. Among them, alongside the main #general channel, we can find channels for specific projects such as #adel and #janusproject, or channels for specific purposes such as #developers and #helpdesk.

Once again, the features provided by the Nxt and Ardor 100% PoS platforms are attracting more and more people both familiar with blockchain technology as well as newcomers. If you haven’t already joined the Nxt community, come and join us! We are waiting for you!

 

Alongside Slack, Nxt and Ardor are officially present on 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

More information: You can find the latest news at the #swarms channel on Slack or visit nxtforum.org to discuss with the community

Twitter: NxtCommunity, ArdorPlatform e Ignis Guide

Reddit: Reddit.com/r/nxtReddit.com/r/ardorReddit.com/r/cryptocurrency

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  • How To – Initialize a Nxt/Ardor Account without Issuing an Outgoing Transaction

When creating a new Nxt account, first thing we must do is to choose a passphrase as strong as possible as that will be our private key. Then, the public key for the generated account is computed using the supplied secret passphrase.

There are 1077 account numbers available in Nxt, but there are a much larger number of possible passwords, so an obvious question is whether or not it’s possible for more than one password to open the same account.The answer is no – as long as you have issued one transaction from your account. Here’s why: until a transaction is sent from your account, it is not secured by a public key. Once the first transaction is issued, a 256-bit public key for your account is generated.

Once this is done, your account number is secured. In the very rare case that someone enters a passphrase that would generate the same 64-bit account number as an existing account, the software will deny the use of the passphrase and ask you to choose another one. When you issue an outgoing transaction, your 256bit public key (with the first 64 being your visible account number) is transmitted to the network and incorporated into the blockchain.

In order to make thing easier, Lior Yaffe, Nxt and Ardor core developer and member of Jelurida, has shown us a new way to fully secure our Nxt account without having to send an outgoing transaction and without needing to download the blockchain:

The procedure works as follows:
1. Install NXT on an offline computer
2. Start your node and connect to it using the desktop wallet or web wallet (http://localhost:7876)
3. Create an account to generate a new passphrase and store it in a safe place
4. Login using your newly created passphrase
5. From the dashboard locate your public key displayed below the “Dashboard” header or click the “More Info” link on the “Account Balance” tile and on the resulting “Account Details” modal locate the “Public Key” field and copy the 64 characters value
7. Provide your newly created NXT address and your 64 characters public key to an account owner who already poses NXT and has a fully synchronized blockchain, some exchanges also support this process
8. The online account owner should now click on the “Send NXT” button in his wallet (or the Ardor equivalent) and specify your account address in the Recipient field. The dialog will display in response the “Recipient Public Key” field below. Enter the 64 chars public key into this field. Complete the rest of the data and submit the transaction.
9. Once the incoming transaction is confirmed, your account is funded and secured by a 256 public key

Source and more information: https://nxtforum.org/general-discussion/initialize-a-new-nxtardor-account-without-issuing-an-outgoing-transaction/msg231660/?topicseen#msg231660

https://nxtwiki.org/wiki/How-To:CreateAccount

https://nxtwiki.org/wiki/FAQ#Is_it_possible_for_more_than_one_password_to_open_the_same_account.3F

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  • Crypto Awards – Nxt Nominated

The Nxt cryptoplatform has been nominated to the Crypto Awards (TCA), which intends to reward ideas and efforts of the best crypto projects in the world, based on the project’s originality, tech, functionality, usability, and ideas. These awards give a great deal of visibility to cryptocurrency projects, with experienced judges that are fair and have solid reputations in the world of crypto.

Being nominated on TCA comes with great potential benefits for participants. They receive scores and feedback from an international judging panel of experts, which even if they don’t win, could help fine-tune some projects so they can improve and become stronger.

Winners will be rewarded with official certificates and big mentions on the platform and social media channels to thousands of traders.

Annual winners of the project of the year are awarded and shipped their very own shiny coin trophy!

The Crypto world does expands rapidly, and almost daily new coins and projects launch, so it takes a lot of time for investors and traders to get a good overview of what’s happened on the market, TCA will help highlight the very best projects making it easier for them to determine risks.

Source and more information: http://www.crypto-awards.com/nominees/nxt

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  • Bitcointalk.org – Nxt Official Thread Updated

The official Nxt thread on Bitcointalk has been updated. The new design is cleaner, elegant and simple, thus bringing visibility to the most important links while providing a general and structured vision of the platform and some of its most significant details.

Despite the fact that the members of the Nxt community have many possibilities to discuss and share information about the platform, Bitcointalk’s popularity in the cryptoworld is huge because it was one of the pioneer forums in this field. Because of this, the importance of taking care of all details  so that new people put their eyes on this platform are correctly informed is important.

FORUMWIKIMAGAZINETWITTERFACEBOOKREDDITSLACK CHATWHITEPAPER

Get involved with Nxt today and join a growing crypto community!
Nxt is about decentralization. Create your own concepts and businesses on top of the Nxt blockchain without the need for permissions.
The future is Nxt

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

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DEVELOPMENT

  • Nxt’s Alias System – Plugin for Web Browsers

Nxt’s Alias System is one of the biggest features included in Nxt’s core. In simple terms, the alias feature allows one piece of text to be substituted for another, so that keywords or key phrases can be used to represent other things – names, telephone numbers, physical addresses, websites, account numbers, email addresses, product SKU codes, and almost anything else you can think of. Aliases can be registered right on the Nxt client itself. You can search existing Aliases and acquire unused ones. Aliases can be mapped to an account, a URI or other data, and can be bought, sold, and transferred to other users. You can also change the function of an Alias once you have registered it.

The possibilities are almost endless! When you update the NRS, the client checks the downloaded file against an alias with the sha256 string. For each new release, the core developers update the alias with the new sha256 string. By the way, did you know what was the only transaction included in the block 1,000,000? Yes, it was an alias named ImReady, which was registered in that block.

One of the multiple applications that the Alias feature allows is the implementation of a decentralized DNS system, an objective that is easily achievable by means of these free plugins for your Chrome and Opera web browsers (Firefox version will be available as soon as the changes in the Firefox API are implemented) offered by Peername. With aliases, users can be pointed to the site they want to visit in a decentralized manner. If a website is hacked or taken down, the alias can be set to redirect users to the right place anyway, no matter what the new URL would be.

NXT alias redirection works via the “omnibox” feature. Once installed, you just need to type “nxt (space or tab) alias_name” in the address bar. For example “nxt (space) nxt” will redirect you to nxtforum.com. Some other Aliases already registered that you can use to try out this plugin are:

nxt > https://nxtforum.org
nxter > https://www.nxter.org
a101 > https://www.nxter.org/nxt-tutorials
assethub > https://www.nxter.org/assethub
nxternews > https://www.nxter.org/newsletters
snapshot1 > https://www.nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions

Do you know other good alias shortcuts? Then please leave them in the comment section below and fill us in!

Source and more information: https://www.nxter.org/nxt-core-alias-system

http://nxtwiki.org/wiki/Alias_System

https://peername.com/browser-extension

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NXT IN THE MEDIA

  • Adel – Articles and Reviews

Adel’s ICO has already begun, as we announced in our previous newsletters. Shortly after the start of the ICO of this blockchain incubator that will make use of many features provided by Nxt, there have been a few people who have shared their opinions and reviews about Adel.

Coradan is one of them. He is a member of the Nxt community who is in charge of a blog in Spanish where he presents many uses cases that make use of the Nxt platform. He has recently published his tenth edition in this series titled: Adel – Casos de Uso con Blockchain. The articles includes a brief introduction to Adel and focuses on key concepts and aspects of this ecosystem, its projects, and the ICO process going on. The author mentions the potential of such a great idea and reminds us that Adel incubator will be built on Nxt, and will move to Ardor when necessary.

TheWireMaster, also a member of the Nxt community, has published on The Wiring a small review of Adel as well. Together with a general overview about the operation of this blokchain incubator, TheWireMaster also offered his personal opinion about the most exciting details:

Ideas are not only coming from the Innovators. Ideas are also provided by the Adel R&D team… Adel is not exclusively working on blockchain projects… The project is proactive when it comes to compliance to regulations. Participants to the ICO will have to comply to the AML (Anti-Money Laundering), CTF (Counter-Terrorism Financing) and KYC (Know Your Customer)…

Adel, in my opinion, is potentially the foundation of entrepreneurship and future work models as  conventional employment is heavily changing due to digital transformation….

For his part, Paul H. Madore published a detailed article at Hacked.com which analyzes the Adel platform as well. The text discusses in detail this initiative, starting with some basic concepts, then going over all the whitepapers and documents that they have made publicly available for investors, the first tentative projects, the team members, a comparison with some other incubators or centralized options, ICO details, etc.

The author also discusses some other questions about this ICO that, in his opinion, should be improved or explained better to the investor. Finally, to summarize all this vast article, Paul brings us his personal verdict with good and not such good points about this new blockchain incubator based on Nxt.

Source: http://www.ejemplosnxt.com/ej-10-adel-casos-de-uso-con-blockchain

https://thewiring.com/2017/05/07/adel-the-future-of-business-governance

https://hacked.com/ico-analysis-adel

The Adel ICO is now live

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  • Cointelegraph – Blockchain Mainstream Adoption

This article published at Cointelegraph, titled Major Challenges to Blockchain Mainstream Adoption: Industry View, compiles many opinions from different experts about the current situation and the future challenges that blockchain technology faces in order to become mainstream.

Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, was one of the experts asked by CCGroup for this article on CoinTelegraph. Travin explains why, in his view, massive adoption hasn’t come yet:

Misunderstandings of the true technical abilities of Blockchain technology, coupled with the lack of general awareness about Blockchain technology, currently forms some of the most significant barriers to mainstream adoption. Many people still don’t really understand what Blockchain is, or what it can do. Though they may have heard about Bitcoin, and even use it, they might not necessarily understand how it works, much less what else the technology is capable of doing. It’s not surprising though, as people use currencies regularly throughout their lives but are largely not exposed to backend systems, which Blockchain essentially is, though quite a revolutionary one.

However, even if more people are aware of Blockchain and its capabilities, the resistance to changing existing systems due to the costs to utilize this new technology is another one of the significant barriers to mainstream adoption. It’s even harder for larger corporations which are less agile and thus have higher costs when making such changes. The benefits of adopting Blockchain technology will thus have to greatly outweigh the costs of this shift in order to justify going through such difficulties.

Source and more opinions: https://cointelegraph.com/news/major-challenges-to-blockchain-mainstream-adoption-industry-view

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  • Koles Coin News – Meet Travin Keith

Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, is the subject of this brief biography built by Koles Coin News. In this video, an overview of some of the task developed by Travin in many different projects, such as  Nxt, Ardor, the Hiperledger Project, Adel, and many more are given.

Source and more information: https://www.youtube.com/channel/UCWN9FtDP3d-jfJu83pGARxw

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

Nxt news – May 2017 (I): Shortcuts Cause Long Delays

May 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

  • Nxt Foundation – Jelurida Joins the Supporter Program

Travin Keith, Marketing Director of the Nxt Foundation, has announced that Jelurida, the corporation that brings together all the Nxt and Ardor core developers, has become an Organizational Supporter to the Nxt’s Foundation Supporter Program. Jelurida now joins Janus and Sigwo Technologies in their economical support to the Foundation.

Some members of the community, such as abctc, Arthur Penzl, CryptKeeper, Eddie Willers, Farl, Lior Yaffe, lolik, Martin Rönnebeck, RobinSavandra, Sazan, Sebastiaan, Wilhelm, among multiple others, have also joined this initiative as Annual Supporters in order to increase the sustainability of the Nxt Foundation.

The Supporter Program was launched in early 2017 with the purpose of creating a source of regular funding for the activities of the Foundation to promote the use of Nxt and Ardor blockchain technology. Becoming a supporter also comes with many benefits, such as being listed on this page and having your own @nxtcommunity.io or @ardorcommunity.io email address. Please note, however, that while the Foundation is grateful to its supporters, being one is not a sign of endorsement from the Foundation.

All members and supporters of the community, both individuals, and corporations, are invited to support the Nxt Foundation as much as they can. The Foundation has been doing a terrific job for the Nxt community for years, achieving remarkable results thanks to the efforts of its members, despite not having a lot of funding when it was launched.

Source and more information: https://www.nxtfoundation.io/supporters

nxtforum.org/news-and-announcements/nxt-foundation-supporter-program

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  • Blockchain Forum by El Pais – Lior Yaffe Will Be a Speaker

Lior Yaffe, Nxt and Ardor core developer, has confirmed his attendance to the Retina technological forum that will take place on the 9th of May in Madrid (Spain), organized by both EL PAIS, the largest circulation newspaper in Spain, and Accenture. A lot of executives from many different Spanish and Latin American corporations will come together at the Palacio Municipal de Congresos de Madrid to attend to this meeting.

Throughout the day, visitors will be able to learn about the business opportunities and some new applications that blockchain technology has to offer to many different industries to transform business, and how innovative companies can use this technology.

RETINA and ACCENTURE would like to invite you to BLOCKCHAIN, the forum created for better understanding the challenges and opportunities of the technology that is changing financing, business and the concept of trust itself.

We’d like to tell you about the exciting times that we are facing in this digital transformation. Come join us!

During the forum, many different round-table discussions will take place and lectures will be given acclaimed experts. Lior will be giving a presentation about a real-life use case and how it could benefit from blockchain technology:

Riker en el Hackathon Organizado por Intel en Israel
Riker at a blockchain hackathon organized by Intel in Israel

You can book your tickets at elpaisretina.com.

Source: http://retina.elpais.com/retina/2017/04/18/eventos/1492538336_995335.html

http://tecnologia.elpais.com/tecnologia/2016/04/12/actualidad/1460481410_069376.html

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  • Webit Festival Europe – Jelurida Was Well Received

In our previous newsletter, we announced that Kristina Kalcheva and Tomislav Gountchev, both members of Jelurida, were going to attend to the 8th edition of Webit Festival Europa, which took place on the 25th and 26th at the Sofia Tech Park in Bulgaria. According to the organizers, Webit is the most influential event in the field of digital economy and technology in the region.

The event was a complete success and many people came to visit the festival, which attracted innovative start-up projects to the interesting conference schedule offered during the two days. Tomislav also had the opportunity to give a brief presentation to some of the attendees at the start-up pavilion about Nxt and Ardor features.

Miembros de Jelurida Kristina Kalcheva y Tomislav Gountchev en la octava edición del Festival Webit Europa

Kristina, once the two hectic workdays for Jelurida at Webit were over, stated:

We were the first to arrive at 7:30… It was a great day, we talked to tons of people and gave out more than 1500 brochures. Even the president of Bulgaria got one… Quite an educational campaign we did today… but many knew about Nxt and asked about Ardor, too…

I’m very happy with the attention that Nxt and Ardor got from people who are now discovering blockchain but also from these who want to use blockchain technology for their projects.

Source and more information: http://www.webitcongress.com

https://nxtchat.slack.com/archives/C35SXSXP1/p1493142857217758 (link para unirse a NxtChat en Slack)

https://nxtchat.slack.com/archives/C0JR4J5NF/p1493230542545781

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  • Adel – The ICO Begins

Today, May the 1st, 2017, begins Adel‘s Initial Coin Offering (ICO). After many months of preparation, users can now take part in the first ICO round of this blockchain incubator that will rely on Nxt for its operations.

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. Supported projects are developed, discussed and decided by community members.

Adel will have three rounds of ICO to ensure a controlled deployment of funds as various projects are introduced to the community. There will be a total of 100 million non-mineable Adelphoi units available in the Adel ecosystem, with 33,333,333 released in the first round…

In the first White Paper we can find all the details of this ICO process:

There will be five stages for stakeholders to earn different bonus percentages for their BTC and tokens converted by ShapeShift. This bonus refers to the amount of Adelphoi the stakeholder will receive, and is directly proportional to their voting power within the community.

  • 20% bonus in ADL ▲First 3 days ▲ 12:00 noon UTC on May 1st till 23:59 UTC on May 3rd
  • 15% bonus in ADL ▲ Next seven days ▲ 00:00 UTC on May 4th till 23:59 UTC on May 10th
  • 10% bonus in ADL ▲ Next seven days ▲ 00:00 UTC on May 11th till 23:59 UTC on May 17th
  • 5% bonus in ADL ▲ Next seven days ▲ 00:00 UTC on May 18th till 23:59 UTC on May 24th
  • 0% bonus ▲ Last seven days ▲ 00:00 UTC on May 25th till 23:59 UTC on May 31st
  • 15% bonus in ADL ▲Special bonus for contributions of over 20 BTC ▲ Stakeholders who exceed this minimum will receive an  automatic bonus of 15% no matter when they
    submitted their first contribution

The first ICO round will be open for four weeks. The ICO will be open to most of the available cryptocurrencies via ShapeShift and Changelly. After the first round of ICO, the total amount will be proportionally calculated and exchanged for 28,333,333 units of Adelphoi. Five million Adelphoi will then be allocated to the Adel team.

During the past few months, the Adel team has presented a lot of documents explaining the operation of this new ecosystem. On the official website you can find a number of White Papers, some detailed project’s proposals, Frequently Asked Questions, and much more information. With this, anyone interested can easily access as much information as they need to take an informed decision.

Adel’s ICO will be the first to comply with Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF) and Know your Customer (KYC) regulations.

Source and more information: https://www.adelphoi.io/content/pdf/wp_1.pdf

https://www.adelphoi.io

https://www.nxter.org/adel-ico-will-begin-on-may-1-and-be-legally-compliant

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

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  • TheWireMaster  – Ardor Song 

TheWireMaster, a member of the Nxt community and admin at NxtFolks, has given all nxters a nice surprise by releasing a new musical hit inspired by Ardor. It’s a catchy song that would have gone to the top of the charts, if  TheWiremaster hadn’t decided to release it for free, but now anybody can enjoy it. You can now listen to it for free at Soundcloud.

  • I had Linda on my mind
    thinking that she was so nice
    but I knew that she was in love
    with an Ethereum Classic guy
    That was no go
    that was so bad
    and I was feeling down
    She was going always home
    passing at 2 by my house
    she was stopping by my window
    but NXT was going high
    Damn it, just now!
    Common go out!
    But I cannot right now
    Then I met her once around
    at the store behind my home
    Spoke about NXT
    but she didn’t seem electrified
  • I could not know
    what was wrong
    but I just don’t mind
    la la la la la la
    la la la la la la
    la la la la la la
    She looked at me
    she was lovely
    and I was freaking out
    then I asked her why she was
    getting in love with a guy like me
    she then told me that she wanted
    a man with Ardor
    how did she know
    that was just me
    and we are happy now
    la la la la la la
    la la la la la la

It’s not the first time that TheWireMaster offered us one of his songs. In 2014 he already composed a song for Come-From-Beyond, one of Nxt’s first core developers, which you can buy at Nxt’s Marketplace.

Source and more information:

https://nxtchat.slack.com/archives/C0JR86S2U/p1493273339317891 (link to join NxtChat on Slack)

https://nxtchat.slack.com/archives/C0JR86S2U/p1493284260974107

https://nxtforum.org/music/’come-from-beyond’-the-song-only-on-the-nxt-marketplace

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DEVELOPMENT

  • Jelurida – Public License Proposal

Jean-Luc, Nxt and Ardor core developer and a member of Jelurida, started a new thread at nxtforum to discuss and propose some solutions to some of the problems that public open source blockchains are facing. Blockchains are usually covered by copyleft GPL licenses which, in certain cases, aren’t enough to protect the stakeholders against copycats, thus hurting the ecosystem and users.

Jelurida is working on a new “coinleft” license model for its upcoming Ardor platform, better suited for open source cryptocurrency projects, which would make sure that not only the value of the source code is protected when the code of a blockchain project is used in another blockchain

In order to achieve that, Jelurida is proposing the following solution:

The new Jelurida Public License (JPL) under which our Ardor platform is planned to be released, will have the following requirement, as an addition to the current GPLv2 clauses. Anyone can use the Ardor source code in another blockchain platform, provided that:

  • The Ignis holders from the original Ardor platform are allocated at least 10% of the forging tokens in that new blockchain, proportional to their Ignis holdings,
    OR
  • The Ardor holders from the original Ardor platform, or the forging token holders from a blockchain that has already satisfied the JPL requirements, are allocated 100% of the forging tokens in that new blockchain, proportional to their forging token holdings.

All of this intends to protect the community and boost the development of the platform, thus avoiding situations such as the one we talked about in a previous newsletter, where a large institution cloned the code of Nxt to develop another solution, without making the new code available to the public, thus violating the GPL and avoiding this potential improvements to be incorporated to the original platform.

Jean-Luc adds to the above:

Under the JPL, any Ignis holder could sue a license violator, because they are given rights under this license…

…if any clone does an ICO and makes it big while violating the license, either Jelurida, or any Ignis holder can initiate a claim, and complying with the license after such a clone is launched would be harder then just allocating the sharedrop from the beginning…

…this also gives some unique value to Ignis tokens, that no other child chain can have

Source and more information: https://www.jelurida.com/jelurida-public-license

https://nxtforum.org/core-development-announcements/announcing-the-jelurida-public-license/msg231634/?topicseen#msg231634

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NXT IN THE MEDIA

  • Steem Nation – Nxt and Ardor are Presented

Beeridiculous is the author of this Steem Nation newsletter, which is published at the Steemit.com platform. This time, he has decided to talk about the second generation blockchains Nxt and Ardor. In the article, he gives a brief description of the two of them:

Nxt revolutionises the financial technology, crowdfunding and governance industries by providing not only the groundbreaking NXT crypto-currency, but also a powerful, modular toolset to build with in any way Nxt users can imagine. Nxt gives users complete freedom to create their own applications.

Ardor is a blockchain-as-a-service platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. Since all processing will be done on the Ardor main chain, child chain creators won’t need to worry about common issues when creating a blockchain as well as securing it with enough nodes. Child chains will be able to utilize features currently seen in Nxt such as decentralized phasing, voting, and trading, as well as be able to interact with other child chains on the platform, including IGNIS, the first child chain to be launched.

Source and more information: https://steemit.com/cryptocurrency/@beeridiculous/steem-nation-nxt-and-ardor-will-be-presented-april-25-26th

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  • Neocash Radio – Nxt and Ardor

Neocash Radio is a weekly radio program driven by JJ, Darren, Randy and Pedro, where they discuss different trends about cryptocurrencies. This channel started their operation 4 years ago, a considerable amount of time dedicated to talk about news and the evolution of the crypto ecosystem.

In this week’s program, they deal with several subjects. Among them (min 2:30) is a brief presentation to Nxt (and Ardor), it’s history, from BCNext to Jelurida, technical details of the Proof of Stake system, and some details of the coin, such as the block time, block generating method, and the usage of brainwallets. Also mentioned is the Nxt client itself and all the functionalities incorporated in the core of this blockchain, such as is the case with the Asset Exchange, the Decentralized Marketplace, and the Data Cloud. They also made sure to mention the upcoming Ardor launch, which will bring even more features and allow for the creation of  child chains, among others.


Source and more information: http://neocashradio.com/blog/ep204-nxt-ardor-proof-of-stake-spotify-goes-blockchain-dash-commerce-cryptowoo-bitcart

https://www.mixcloud.com/neocashradio/ep204-nxt-ardors-proof-of-stake-spotify-goes-blockchain-dash-commerce-with-cryptowoo-bitcart

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

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

April 2017 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

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

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

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

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

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

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

Tutorial: Nxt Asset Exchange

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

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  • Future Blockchains – What is Nxt

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

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

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

Source and more information: What is Nxt

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

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  • Webit Festival Europe – Jelurida Confirms its Attendance

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

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

Jean-Luc says:

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

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

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

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

http://www.webitcongress.com/

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  • Larson Digital – Blockchain Hackaton that Relies on Nxt Tech

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

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

For this event, the Nxt platform was highlighted:

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

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

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

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

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

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

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  • Janus – Distribution Completed

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

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

Bjorn, from the Janus team, states:

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

Transaction: 11120319234261742538

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

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

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

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

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  • Farl4bit – New Asset LinkBuild

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

Farl4bit explains:

 

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

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

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

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

https://linkbuilding.io/crowdfunding

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  • Adel – ICO’s Terms and Conditions

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

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


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

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

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

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

More information: Previous newsletter

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

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  • Nxt Node – How to Properly Shut It Down

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

Lior Yaffe, Nxt core developer, states:

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

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

kill <pid>

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

kill -9 <pid>

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

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

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

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

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

The Forging Bounty Lottery campaign

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DEVELOPMENT

  • Jelurida – Ardor Blockchain Platform Design

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

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

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

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

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  • Google Chrome – Ardor Price

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

Nothing at Stake explained in 4 minutes

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

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

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

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

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

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

Source and more information: https://steemit.com/ardr/@nivesh/the-dao-incident-ardor-or-nxt-and-the-whole-confusion

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PRICE EVOLUTION

  • Aaron AG – NXT Technical Analysis

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

Aaron gives a short explanation about his videos:

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

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

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

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

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

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(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

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  • Moldova ICT Summit 2017 – Blockchain Innovations in Government

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

Lee states in his presentation:

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

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

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  • Adel – FAQ

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

Why did Adel choose Nxt as their blockchain platform?

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

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

Why did Adel choose Nxt over Ethereum?

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

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

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

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

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  • Janus – Changes in the Distribution Model

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

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

bjorn_bb states:

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

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

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

Janus News

https://janustoken.com

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

#janusproject (Link to join Nxtchat on Slack)

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DEVELOPMENT

  •  Ardor – Development Roadmap

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

  • Q1 2017 (done)

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

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

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

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

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  • Jelurida – Private Blockchain Evaluation Kit v1.11.5

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

Lior Yaffe says:

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

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

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

https://www.jelurida.com/evaluation

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NXT IN THE MEDIA

  • IBS Intelligence & Bitcoin Agile – Ardor Roadmap

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

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

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

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

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

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

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

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PRICE EVOLUTION

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

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

Some of the features included with this tool are:

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

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

April 2017 (I)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Hyperledger – Vendor Members List

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

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

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

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

Headquarters: Amsterdam, Netherlands
Active Geographies: Worldwide
Industries: Any industry with blockchain technology needs.
Email Address: travin@nxtfoundation.io

Source and more information: The Nxt Foundation joins Hyperledger

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

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

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  • Intel & The Floor – International Blockchain Hackaton

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

 

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

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

And this is the result:

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

More information: Hackaton – day 1

Hackaton – day 2

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  • Cryptomate – Buy NXT via Bank Transfer in the UK

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

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

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

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

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

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DEVELOPMENT

  • NRS Update – Version 1.11.5

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


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

  • Android Wallet

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

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

Hash 94f71ed4d3762dd2e28f28bf0f8760a5a2c3cb78ee22a257639cc39dbe0c2621

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

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

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

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  • Ardor – v2.0.3e for Testnet

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

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

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

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  • Ardor Public Repository Migration

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

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

Please update any hardcoded website links.

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

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NXT IN THE MEDIA

  • Nxt Foundation – In the Media

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

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

If you would like to collaborate with the Nxt Foundation, please reach out to us at info@nxtfoundation.io.

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)

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  • Nxtchat – Now Connected to the Slack Shared Network

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

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

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

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

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

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

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

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  • Betterbets – Huge Amount of NXT Wagered in This Platform

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

Bjorn states:

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

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

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

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

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

#janusproject (Link to join Nxtchat on Slack)

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

https://janustoken.com

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DEVELOPMENT

  • Ardor Testnet – Live Demo

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

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

Click on the image to open Ardor’s Live Demo

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

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

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

https://www.ardorplatform.org

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  • Ardor – Latest Features

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Link to join Nxtchat on Slack

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NXT IN THE MEDIA

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

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

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

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

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

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

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

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

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  • NewsBTC TV – NXT Blockchain Application Platform

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

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

Source and more information: https://steemit.com/nxt/@newsbtc/nxt-blockchain-application-platform

Nxt Foundation’s working space in Amsterdam

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

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

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

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

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

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

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

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

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

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

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

The book shows a kaleidoscopic version of the Nxt ecosystem…

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

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

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

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

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

Buy Snapshot at Nxter.org

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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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 travin@nxtfoundation.io, with your desired amount to contribute, your preferred method, and other relevant details to your desired tier

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

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

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

https://www.nxtfoundation.io/supporters

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

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

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

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

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

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

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

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

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

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  • Intel & The Floor – International Banking Blockchain Hackaton

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

Lior is especially excited with this hackathon and recently stated:

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

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

Source and more information: www.eventbrite.com

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

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  • What’s The Best… – ARDR Listed

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

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

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

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

http://whatis.wikidot.com/nxt

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  • Alt19 Index – ARDR and NXT Listed

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

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

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

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

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DEVELOPMENT

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

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

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

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

One of the latest available packages is NRS version 1.1.14.

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

C:\> choco install nxt

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

C:\> choco upgrade nxt

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

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

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

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

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NXT IN THE MEDIA

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

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

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

Hyperledger

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

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

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

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

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

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

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

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

Nxt Newsletter

https://blog.darcr.us

https://sigwo.com

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

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

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

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

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

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  • BLK Chain – Blockchain and Trust in Online Advertising

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (II)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – 2017 Marketing Strategy

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

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

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

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

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

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

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

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

Nxt Core – Asset Exchange

https://nxtwiki.org/wiki/Asset_Exchange

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  • CoinsHost –  NXT Accepted To Pay For Your VPS

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

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

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

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

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

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

Megalodon’s campaign

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DEVELOPMENT

  • Private Blockchain Evaluation Kit v1.11.4

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

Lior Yaffe says:

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

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

Jean-Luc, member of Jelurida, also notes:

The license doesn’t allow production use

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

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

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

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  • Ardor – v2.0.2e For the Testnet

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

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

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

  • Mac Installer

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

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

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

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

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

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  • Payments Compliance – Singapore Readies Blockchain Trial Cross Border Payments

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

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

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

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

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

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

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

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

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

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (I)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Intel & The Floor – International Banking Blockchain Hackaton

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

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

Who will participate?

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

Do I have to be a blockchain expert?

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

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

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

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  • Janus – Second ICO Round

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

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

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

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

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

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

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

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

Source and more information: Distribution 2  Distribution 1

Janus Token Distribution March 4th

Dividends – February / March

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  • Nxtforum.org – Hundreds of New Users

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

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

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

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

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

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  • Snapshot – Join our Affiliate Program

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

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

Start earning money for every sale you send our way!

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

More information: #Snapshot_ebook_PoD

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

Affiliate Program

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DEVELOPMENT

  • NRS Update – Version 1.11.4

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

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

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

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

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

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

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

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

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

Ardor vs Nxt features

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NXT IN THE MEDIA

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

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

Yaroslav Loginov, project’s developer, says:

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

NXT NxtCoin 2. generation cryptocurrency news

February 2017 (IV)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Adel – Established as an LLC

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

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

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

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

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

bitcointalk.org/index.php?topic=1706282.0

www.adelphoi.io

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  • BlockShow Europe 2017 – Last Call for Tickets

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

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

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

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

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

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

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

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

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

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

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

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

https://scfsingapore.icc.academy/

Interview with Roberto Capodieci

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DEVELOPMENT

  • Jupiter – New Blockchain Based on Nxt Technology

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

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

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

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

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

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

https://darcr.us/

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NXT IN THE MEDIA

  • Decentralized Revolution – Blockchain Applications That Are Not Bitcoin

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

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

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

Nxt vs Ardor

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  • Adel – Why We Chose Nxt

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

The State is the People & the People are the State

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

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

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

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

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

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

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

www.adelphoi.io

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

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

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

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

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

Source: https://steemit.com/blockchain/@oaldamster/exponential-data-growth-could-push-any-blockchain-into-centralization

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  • Crypto Compare – How To Mine Nxt

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

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

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

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

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

The Forging Bounty Lottery campaign

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

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

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

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

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each:

 

NXT COMMUNITY

  • Nxt Foundation – Designers and Writers Wanted

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

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

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

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

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

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

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

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

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

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  • Spreading Nxt – All For One and One for All

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

Wolffang has said:

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

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

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

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

Trollbox:

Poloniex.com/trollbox

Also for community discussions:  nxtforum.org

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

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

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  • Roberto Capodieci – Masterclass About Blockchain Solutions

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

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

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

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

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

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

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  • Tipper on Slack – New Functionalities

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

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

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

nxtwiki.org/wiki/Tipper_Service

github.com/libertyswede/NxtTipbot

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  • Nxter.org – Hall of Fame

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

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

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

Svalbard’s library already has the book about Nxt

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

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

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

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

(Back to the Index)

 

DEVELOPMENT

  • Ardor – The Public Testing is Going On

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

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

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

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

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

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

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  • Ardor – v2.0.1e for Testnet

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

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

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

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

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

  • Ardor Node JS Module

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

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

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

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

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

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

https://nodejs.org/en

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

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  • Docker Image – Nxt 1.11.3

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

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

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

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

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

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NXT IN THE MEDIA

  • Ardor – Launched on Testnet

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

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

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

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

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

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

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

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

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

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

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  • Deep Dot Web – Smart Contract Scripting (Amended)

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

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

Palas says:

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

Riker stated then:

Thanks Palas the paper is much more balanced now.

Source and more information: #Deep_dot_web

eprint.iacr.org/2016/1156.pdf

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

 

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

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

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about each of them:

 

NXT COMMUNITY

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

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

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

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

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

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

Buy it from the Nxter Shop


(Back to the Index)

 

DEVELOPMENT

  • Ardor – Testnet Launched

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

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

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

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

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

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  • NRS Update – Version 1.11.3

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

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

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

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

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

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

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

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

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

Source and more information: medium.com/@websioux/massive-business-opportunities-hidden-in-the-nxt-blockchain-1c1ecdb10518#.dj5lyj494

Websioux – PHP Libraries for Nxt

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

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

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

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

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

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

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

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

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

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

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

nxtwiki.org/wiki/Phasing

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

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

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

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

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

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  • Thinkmind.org – Emergence of Distributed Autonomous Institutions

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

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

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

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

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

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

(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 – December 2016 (III): The future belongs to those who believe in the beauty of their dreams

Newsletter-topDecember 2016 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • BetterBets.io – New Use Cases for Nxt

BetterBets.io, a platform launched some time ago by some of the members of Janus, is one of the most popular casinos with the highest volume among provably fair and secure bitcoin gambling sites.

Recently, it has been announced that BetterBets will help promote new use cases for Nxt. Representatives of Janus have choosen the original Nxt thread at Bitcointalk to remind us that the current Nxt 1.0 still has a long way ahead of it and has the potential to explode and that they intend to promote its expansion.

Remember, remember the 15th of December…. we are proud to soon add more use cases to NXT and provably fair betting will be one of them. All people are welcome, especially the Nxt/Ardor community as our team prepares for an awesome 2017 with you all!

bjorn_bb has also published a look into what will be an exclusive NXT game for this platform:

More information:  https://bitcointalk.org/index.php?topic=303898.msg17191730#msg17191730

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

Under The Knife #Janus

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  • CoinTelegraph – Blockshow Europe

CoinTelegraph will host Blockshow Europe on the 6th of April, 2017, at Munich, which will be an international event of great importance in the blockchain field where developers, investors, companies, and great figures will present their initiatives and proposals for this technology.

A few days days ago, Dave Pearce of the Nxt Foundation brought this piece of news to the forum and confirmed that the Nxt Foundation is going to be there:

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

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

Look forward to seeing you guys there, I’ll post more information as we get it.

Source and more information: https://www.eventbrite.com/e/blockshow-europe-2017

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

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DEVELOPMENT

  • Websioux – PHP Libraries for Nxt

User websioux has published the PHP libraries he created to use Nxt on the software he develops at Github. This PHP library easily lets you call the NXT API in your PHP projects AND a command line tool to facilitate node management and some blockchain queries.

I use it in my projects, I extend the CNxtApi class which contains the basics to query the NXT API to devellop more specific function. I cleaned it such it is always a good base to start with.

Making a request to your node in PHP then goes like this:

$oApp = new CNxt;
$oApp->aInput = array(
                'requestType'=>'sendMoney',
                'recipient'=>'NXT-SL44-R65Z-HMNZ-7WVJM',
                'amountNQT'=>'500000000000',
                'secretPhrase'=>'PUT_YOUR_HOT_WALLET_SECRET',
                'message'=>'Here is your payment',
                'messageIsPrunable'=>true,
                'messageToEncrypt'=>true,
                'feeNQT'=>100000000             
);
$oResp = $oApp->getResponse();

Just like websioux, many other developers who use Nxt also agreed to share their developments and tools with the community, so that all nxters can take advantage of it. Lurker10 keeps an updated listing with libraries, snippets of code, examples… from developers such as jonesnxt, ifinta, doctorevil, NxtSwe, ScripterRon, scor2k, Tosch110, among others.

Source and more information: nxtforum.org/nxt-projects/nxt-php-client-library

nxtwiki.org/wiki/The_Nxt_API

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NXT IN THE MEDIA

  • Bankingtech – Blockchain: a Real Opportunity for Retail Financial Services

In this article, Bas Wisselink of the Nxt Foundation explains how corporations are slowly but surely realizing the benefits that blockchain technology can bring to their business and how this technology can bringing more potential users to them, especially the young ones, who are used to carry out payments and some other operations using their mobile phone.

Nevertheless, according to Bas, blockchain technology won’t completely displace the current banking system because of the regulations, but it will add great new possibilities and replace some of the creaking infrastructure. Blockchain technology will bring new services to retail users in a very rational, comfortable, and transparent way, thus providing services equally to people living outside major urban areas by offering easy payments, cash management, data storage, money transfer, loyalty schemes, and a many other possibilities.

Source: http://www.bankingtech.com/606502/blockchain-a-real-opportunity-for-retail-financial-services

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  • Fintech Finance – Adel: Fuelling Innovation in a Fundraising Ecosystem

The current futures and security of Nxt, together with the new possibilities that Ardor will offer, are the perfect math for new startups, such as Adel. Fintech Finance has echoed Adel’s future ICO and explains in this article, with the help of Gabriel Dusil and Jan Lamser, two of the founders of Adel, about the mission and values of this platform.

Dusil explains:

It’s astonishing what people can achieve when they believe in something.In January 2016 my friend, Michal Vavrek had an idea to create a community-based ecosystem to fuel project innovation. So he flew to Amsterdam to meet with the Nxt Foundation, and they agreed to support the project. A few weeks later Miša approached me to co-found the company with him, and we began working on what would become Adel. Over the next three months we’ll introduce Adel to the world, with white papers, projects, infographics, and other materials. Our activities in the next few months will lead us to our Internet Coin Offering (ICO) on the 1st of March 2017.

Source and more information:  http://www.fintech.finance/01-news/fuelling-innovation-in-a-fundraising-ecosystem

https://dusil.com/2016/12/06/adel-creating-opportunities-for-blockchain-innovation

https://www.adelphoi.io

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

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Nxt News – December 2016 (II): Building on Ardor

Newsletter-topDecember 2016 (II)

 

Here are some of the latest news about Nxt over this past week in December.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

Below, are more details about these news pieces:

NXT COMMUNITY

  • Janus – Changes its ICO format

As we announced in our previous newsletter, Janus has decided to stop selling the token for its ICO in the it was being carried out. Investors who have already sent their money to the ESCROW account are being paid back. The ICO, however, has only had its strategy changed and now runs exclusively on the Nxt AE. Investors can choose to reinvest in the company by means of the new ICO format that the company has chosen:

bjorn_blockchain states:

Thank you to everyone who has supported our team and the Janus project. We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you.

However, this doesn’t mean that the project has been called off. Janus‘ team just decided to use Nxt’s Asset Exchange as the only method allowed for investors to take part in their crowdfunding campaign.

Those who wish to stay with our team and business goals can still share in our future to some degree.

We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

  • We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly
  • Price currently is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange.
  • Price per Janus each distribution will be change every 4 months no matter what the current price it’s trading at, it will be posted 50-100% higher.

Since the start of this first round of funding, the sales of the token show that it has been well-received by the community. The asset is called Janus with Asset ID: 4348103880042995903 and has been issued by the Nxt account NXT-QG74-VNQK-7FQ3-4KFBA.

Preliminary notice

But that’s not all.

We will add Nxt to Betterbets.io and each month calculate the 90% of the NXT earned (some months won’t always be profit, remember its a casino – people will win sometimes). I’m going to try and keep the dividends sent around the same time [each month].

To give you a quick backstory, right now our current investors (on the BTC end) receive monthly income from our casino on the 1st of each month. We will probably follow a similar process for Janus Nxt. This way you won’t have to think or ask – you’ll always know, ok the Janus team will be sending dividends on the 2nd day of each month.

bjorn_bb continues:

Once this officially launches on January 15th we’ll turn focus towards some marketing for the site until second week in February. Then Lobos and Luis and I will focus on prepping beta testing for the Social fintech site  and gain some user input. And cross your fingers we get a nice mainstream launch right around the time Ardor hits.

Source and more information: https://nxtforum.org/the-janus-projecthttps://bitcointalk.org/index.php?topic=1677509.0;all, Janus’ channel on Nxtchat on Slack.

ALSO READ: Janus – Under the Knife, review.

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  • Adel – Creating Opportunities for Blockchain Innovation

This week, there was an announcement on the forum about the future launching of Adel, a new cryptocurrency community that will benefit from the technology of Nxt, to create, develop, and implement use cases involving blockchain technology that covers a wide-range of digital and physical industries. Adel intends to utilize the innovations of the blockchain to build and coordinate profitable business, thus creating opportunities for investment, innovation, and employment.

The first in its series of whitepapers have already been published where details are offered about the the future operation model of Adel – Whitepaper Link.

On the 1st of March, 2017, the first round of funding will take place in order to distribute the Adel token, Adelphoi, among the participants with an ICO. The Adelphoi token will be launched on Nxt’s Asset Exchange and it will act as the fuel for proper operation of Adel.

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

Adel’s vision is to create a decentralized, self-regulated and self-sustaining macroeconomic ecosystem for blockchain innovation with a mission to be a global leader in community-based funding. Adel’s value is in the core principles of its ecosystem. This ecosystem promotes the use of blockchain technology, creating innovative solutions for various industries. By leveraging the expertise of the Board, R&D team, and its community members, Adel establishes a supportive and collaborative environment for state-of-the-art projects.

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

https://bitcointalk.org/index.php?topic=1706282.0

https://nxtforum.org/adel/(ann)-(adl)-adel-startup-incubator-for-blockchain-innovation/msg228060/#msg228060

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  • Alias System – New Infographic About Ardor

Travin Keith, of the Nxt Foundation, together with Savandra, have presented a new infographic that showcases a feature of the Ardor platform. This time, the feature chosen was the Alias System, which we can see below.

We’d like to remind you that the first infographic about Ardor in this series was devoted to the Coin Shuffle feature. Likewise, some Nxt’s infographics have also been published, such as: coin/asset shuffle, alias system and decentralized voting.

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DEVELOPMENT

  • NXTBridge – Add-on to the Plugin

Scor2k, developer of the NXTBridge plugin, which allows users to integrate Nxt in WordPress, has published a small update about this plugin at Nxtforum.

Small addon to NXTBridge plugin, which allow you to check unsigned transaction and sign it locally without internet connections. This addon we gonna use with NXTBridge when we complete the next stable version with the addition of a new NXT Wallet function.

Simple way to check this addon for its honesty is to run it on a dedicated browser with incorrect proxy settings (like 127.0.0.1:21344) with opened developer tools (F12) on Network tab.

Repository: https://bitbucket.org/scor2k/nxtbridge-offline
Direct link: https://bitbucket.org/scor2k/nxtbridge-offline/downloads/index.min.html

TheNxtBridge plugin is developed in collaboration with Nxter.org.

Push it forward by donating to the developer-> NXT-FRNZ-PDJF-2CQT-DQ4WQ

Source and more information: https://nxtforum.org/nxt-projects/(nxtbridge)-wordpress-plugin-for-nxt-users/msg228155/#msg228155, also see: Nxt news – December 2016 (I)

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NXT IN THE MEDIA

  • Forbes – Nxt, ARDR & Adel

Roger Aitken published an article in Forbes.com which goes over the future launch of Adel, the blockchain startup incubator that will use Nxt to develop, support, and fund innovative start-ups. The article explains that the Adel ecosystem is made of stakeholders, registered community members, staff from across the world, a Project Review Committee, and the Adel Board, all together aiming to help projects achieve success.

The text also explains that Adel chose Nxt because of its proven track record as it provides a number of features that benefit the community-based ecosystem that Adel represents. Once Ardor is launched, (expected in the 3rd quarter of 2017) Adel will use its extended features as well.

Source: http://www.forbes.com/sites/rogeraitken/2016/12/06/adel-fintech-incubator-unveils-crowdfund-using-nxts-blockchain/#7d2a89453883

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt news – December 2016 (I): Everything You Can Imagine is Real

 

Newsletter-topDecember 2016 (I)

 

Here are some of the latest news about Nxt over this past week in December.

DEVELOPMENT
NXT COMMUNITY
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

DEVELOPMENT

  • New Experimental Version NRS 1.11.1.e

Jean-Luc, Nxt Core Developer, has announced the launch of the new experimental version of the Nxt Reference Software (NRS), which includes a series of improvements and new features such as:

  • Implemented a “Store Remembered Passphrase” setting in the device settings page. When checked, the client stores the remembered passphrase in the local browser settings or mobile app settings so that the next time the client is launched,
    it will log themselves in automatically. The stored passphrase is deleted when logging out of the wallet.
  • Desktop Application now supports request confirmations when running as lite or roaming client.
  • Sign Transaction modal now signs the transaction bytes on the client side.
  • When the mobile app cannot connect to a randomly selected remote node, it will popup the device settings modal to allow the user to configure a specific node.
  • When the mobile device is offline, the device settings modal allows for the signing of transactions and generating tokens to support cold storage functionality.

iphone

Given that this is an experimental or “testing” version, precluding the launch of a stable version, we recommend that you be careful when using this software and trying out the new functionalities as it may contain some small bugs. However, in order to speed-up the development of a stable version of the software, it would be good to have many users test the new functionalities, especially with the new mobile wallet, in order to check if it’s working properly.

download-client-img

Source: https://nxtforum.org/nrs-releases/nrs-v1-11-1e/msg227832/?topicseen#msg227832

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  • NXTBridge – Nxt Plugin for WordPress

Scor2k, a developer, with the support of NXTER Magazine, announced NXTBridge, a plugin that allows you to connect your WordPress site to the Nxt Network, giving you the opportunity to show real time information about Nxt on your website. This opens up a wide range of possibilities to over 35 million people who have used WordPress to build their site.

The plugin lets you show:

  • Some asset information (Name, Initial quantity, current quantity, owner account, ID, last ASK and BID information).

  • Proposals for purchase and sale

  • Graph for the price with single line

  • Graph with candlestick and volume

  • In case that we need a more global vision, and not just info about one asset, we can have a look at the TOP 20 shortcut, which will show the 20 most traded assets for the last week. https://nxter.org/ASSETHUB#top20

Skor2k says:

In addition, we have a small road map for development:

  1. NXTBridge – Wallet
    • Login to WordPress with Nxt account ID.
    • View Nxt account balance in the Dashboard.
    • Create Nxt account for new users.
    • Send NXT tokens, place buy/sell orders.
    • Local signing of transactions – passphrase is never sent to a server or node.
  2. NXTBridge – Marketplace
    • Show shop data on a post or page

 

NxtBridge

If desired, NXT donations to the developer can be sent to: NXT-FRNZ-PDJF-2CQT-DQ4WQ

More information: https://wordpress.org/plugins/nxtbridge/

https://nxtforum.org/nxt-projects/(nxtbridge)-wordpress-plugin-for-nxt-users/msg227906/#msg227906

https://nxter.org/assethub

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NXT COMMUNITY

  • Under the Knife – Janus Project

Anyone who owns a bunch of NXT can issue their own asset on the Nxt platform and start promoting it. Since the creation of the Asset Exchange, there have been a considerable amount of good and profitable projects. But, there have also been some scams.

To help prevent and uncover these scams, Nxter.org presents Under the Knife, a new section that intends to provide in-depth and uncensored interviews with the asset issuers by asking them concise and, sometimes, awkward questions. These are the kinds of questions that some conventional media outlets usually don’t dare to ask. These questions will try to help the Nxt investor, usually skeptical about new projects because of some previous experiences that didn’t go well, clarify their suspicious about the legitimacy of a given asset or, at least, clarify some of the doubts presented.

The Janus team was the first to answer the questions in the very first interview in the series. It’s a really interesting interview that we recommend you read if you are interested in Janus.

janus-token-nxt-ae

UPDATE 1 – The threshold will be 3500 BTC. On November 30th, shortly after we published the interview, the Janus team released a statement in light of the current situation of the crowdfunding campaign.

bjorn_bb says:

Our team has reached an agreement after looking over several scenarios. We cannot properly justify allowing outside investors in Janus without proper funding.The threshold will be 3500 BTC or the project is not going to be available for the public. https://bitcointalk.org/index.php?topic=1677509.msg17042198#msg17042198

Please read the post and thanks for your understanding in our reasoning.

We’ve come to the reality that it would be unjust to investors to operate on budgets that would not allow us to meet deadlines. Launching a business and timing it to meet expectations of investors is something I take very serious. If underfunded I’d be held accountable for making deadlines without having the proper staff to deliver in said time frames. If the threshold is not reached by Dec 31st you will be refunded of course.

UPDATE 2 – The Asset Exchange will now be used for the ICO. On December 4th, Janus announced that it’s clear for them that they won’t meet their funding objectives with the current campaign and so a refund will be given to all investors and a new ICO method will be chosen.

bjorn_bb says:

…We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you…

Those who wish to stay with our team and business goals can still share in our future to some degree. We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

  • We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly
  • Price initially is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange.
  • Asset Id: 4348103880042995903
    Name: Janus
    Issuer: NXT-QG74-VNQK-7FQ3-4KFBA
    Link: https://www.mynxt.info/asset/4348103880042995903

One of the best suggestions from the community was to allow for a staggered investment cycle in order to show business progress and launch over time. This way will allow those who did not purchase Janus initially, to still have a chance to take part in our mainstream global business success. Instead of dividends, our team will use site revenue to perform unscheduled buybacks to reduce supply and help appreciate token value

More information: https://nxter.org/janus-btc-ico-cancelled/

https://nxter.org/ico-janus-on-the-nxt-ae/

https://nxtforum.org/index.php?topic=13032.msg228025#msg228025

Janus interview – Under the Knife

Janus ICO

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  • Initiative for Starting a Nuclear Regulatory Commission Using Nxt

User @Infinta has announced the launch of a Nuclear Regulatory Commission using Nxt. This association intends to show the current worldwide nuclear situation and to achieve the support of a large amount of people in every region of the world to perform some actions against it and change the situation.

Infinta says:

Target – To show how many people are actually active in the crypto world against nuclear hazards. Act politically in different countries for this target also. i.e.: Act to dismantle the nuclear weapons.
Membership fee – You should pay some NXT weekly to this NXT account: NXT-KEBX-4722-NRWF-CBWPF and you is a member. You can vary your payments. If you pay at least 1 NXT – you wish remain a member in the whole calender month – if you pay at least 10 NXT then you wish remain member in the whole calender year.
Rules – This club remain open for everybody to join, and you can leave it if you wish. If you leaved the club you can join later. All payments will be used to support the target of this club.
What we have already:
– three members
– I have enough resources to start (time, money and ideas)

nuclear

Some of the reasons why Nxt is a good tool for this club include:

– Nxt is ready to use
– Nxt is well tested
– Nxt has a great community
– Nxt has great programmers
– Nxt is a distibuted peer to peer system
– Nxt is international
– Nxt has a messaging system with encryption
– Nxt has a voting system
– Nxt has a value

Source and more information: https://nxtforum.org/news-and-announcements/(ann)-the-nxt-nuclear-regulatory-commission

https://nxtportal.org/polls/17647596660647639058

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  • Snapshot – The First Few Fortunate Readers Have Already Received Their Book

The first few nxters who have received the book have already been able to read, touch, and smell a piece of Nxt’s history. Some of them have shared pictures from many different countries in the world through the forum or using Nxtchat on Slack to share their happiness with the rest of the Nxt community. Thank you all for your support!

snapshot_book4If you want the book, you are still on time to buy your limited edition printed copy of the Nxt book  “Snapshot – Unsurpassable Blockchain Solutions” (Product ID:  11528988686656082668 from the seller NXT-DE5P-4A5T-6SHU-7FHCV) on Nxt’s Market.  Hurry up and don’t miss this opportunity!

nxt_book_marketplace

Or, if you prefer, you can also buy the digital edition of the book (Product ID:  17374259728781079996 from the seller NXT-DE5P-4A5T-6SHU-7FHCV) at a fixed price of 1600NXT

More information: https://mynxt.info/good/11528988686656082668

https://mynxt.info/good/17374259728781079996

https://nxtforum.org/general-discussion/snapshot-the-birthday-present-for-nxt/?all

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  • Damelon – Don’t Feed the Trolls

Bas Wisselink (aka Damelon), member of the Nxt Foundation and Jelurida, has publicly expressed his displeasure in front of the opinions shared by some types of users that every now and then try to misinform and destabilize the Nxt community, by saying falsehoods and spreading uncertainty and trying to cause chaos.

Damelon says:

Let’s be clear: the devs are visibly very busy with Nxt and invisibly on ARDR. They have invested over half a year in building a company to make sure that it is sustainable. I have also been involved in this and I can tell you starting up three companies to make sure these things are done right is not an easy path, but definitely worth it.

For those wondering how a company meshes with creating Open Source software, I invite you to look at for instance this list: https://www.quora.com/Who-are-the-most-successful-open-source-based-companies.

There is no inherent conflict between Open Source and incorporation, especially if the people starting it have a track record of delivering consistent value and being dedicated to Open Source. The dev team is building, and yes, our dev team is a lot more boring than other projects out there. This is one of the reasons I have always loved Nxt, because boring tends to get things done right.

Do_not_feed_the_trollsBesides this, he states:

Both Nxt and Ardor are actively being developed… Nxt has had several updates over the last months, and Ardor is being developed on the development branch.

If price speculators choose to go somewhere else: let them. They will come back once news breaks again. If the only way to attract them is to keep putting out PR that is empty of value and just teaching people to chase the latest glimmer of tinsel, then I don’t care to do that. Never have, never will. In the long term, it’s messing up the industry and I’d rather build something lasting.

Building stuff that lasts is usually boring. Well, we’re extremely boring at this time. And that’s a good thing.

Travin (marenkar), also from the Nxt Foundation, adds:

NXT has a market cap of close to $6m and ARDR has a market cap of about $9m, for a total of about $15m. So the devs should just stop working on Ardor completely because the total value of both platforms, with one not even having testnet yet, is a “low” $15m?

More information: https://nxtchat.slack.com/archives/general/p1480770091013660

https://nxtforum.org/index.php?topic=85.msg227974#msg227974

https://nxtforum.org/index.php?topic=85.msg227979#msg227979

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_4dic2016

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

ardr_btc_4dic2016(Back to the Index)

Under the Knife #1: Janus token

Janus

On November 09, 2016, 11:57:13 pm, Janus joined in the Nxt and BTC sphere by announcing their ICO on Nxtforum and Bitcointalk.org. Up for sale were Janustokens, which are tokens that will represent revenue shares in Janus, a (soon to be legally registered) software and services company which plans on launching multiple businesses. The industries targeted are done so specifically for maximum revenue with the lowest market share.

The Janus project is being launched by veteran blockchain enthusiasts with the aim of bootstrapping a number of initiatives under the umbrella of a parent company. As with any business, the goal of these initiatives is to become profitable and pay investors regular profit shares which exceed market rates of return on invested capital.

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.

From the Janus whitepaper

The janustoken.com site takes investments paid with BTC, NXT, and most altcoins (via Shapeshift). The tokens are issued on the Nxt blockchain and will be distributed to investors after the ICO. Dividends will be sent to investors via the well-tested Nxt dividend mechanism, in BTC, and directly into each investor’s BTC wallets.

The countdown, profit sharing plan, roadmap, time line, and income generation business model, can all be found on the website and in the Janus white paper. Nxt Foundation acts as escrow, investors which contribute and hold the equivalent of more than 50BTC Janus tokens, will receive a seat on a Janus ‘Advisory Board’.

What can actually go wrong?

Nxt and the cryptocurrency scene have seen many sellers jump into our forums, promising “moon” and good ROI, and, I’m sorry to say, but we have a damn good reason to be reluctant. We’ve been victims of numerous scams. We’ve funded some of those good pitches and seen our money vanish.

Under the knife

Janus coming out of the blue like a ninja, suddenly being all over the place, pitching, praising Nxt, posting walls of text and asking for funding, but without revealing much detail about their business models, could be either backed by relevant enthusiasm, good marketing, and natural protectionism of their unique business ideas, but on the other hand, it could also turn out to be nothing but “used car seller” tricks.

That’s what I told Bjorn, the Director of Marketing of Janus, when I contacted him on nxtchat.slack, in their #janustoken channel, and proposed this interview, my first in a series of asset issuer interrogations. Bjorn agreed to do the interview and, after reading the questions, decided to let lobos, Janus’ director of technology, Robert Gasch, join in the conversation as well.

Here’s the result.

ae-knifed

Q & A

Anonymous

Q: Bjorn, you have chosen to be anonymous. Why?

Bjorn: Due to current employment and the country I live in, I’ll be anonymous until Q2 2017.

I gave my passport to the Nxt Foundation though, that’s not a public fact but I’ll tell you that its encrypted and they have it.

Q: Who did you send it to?

Bjorn: evildave

Ad1: Dave Pearce, Nxt Foundation Board Member, has confirmed to me that he received a passport scan from Bjorn. I quote: “I can’t guarantee with 100% accuracy that it’s genuine, obviously, but we have also checked and confirmed the IDs of Robert and Luis, and they are genuine. Robert and Luis both know Bjorn in real life, so if something goes wrong, they will also be able to track Bjorn down.” 

Q: You’ve promised anonymity to tokenholders, yet Janus will become a registered company in Q1 2017, according to your roadmap. You have sought advice from “some legal experts”, you say, but “the finer details are still to be investigated”.

Why would any government allow you to pay out dividends to anons?

Bjorn: As a company most governments would not. To cover the majority of countries we are proposing to handle this in a way to reduce the generally imposed KYC that a company direct profit sharing would demand. For Janus token holders, the net profit will be distributed by one of the company co-owners as an individual and not as the company itself to allow those receiving profit sharing to retain anonymity.

Lobos: After deliberation with the lawyers we asked, we would lean towards the option of transferring the profits which are to be paid out to a company executive who would then distribute them using blockchain technology, as a person. This would sidestep the issue of the company directly performing this profit distribution but also shift legal responsibility to the designated executive. (the last word on this subject has not been spoken yet; it turns out that this is a much more complicated question than we originally anticipated which also depends on the jurisdiction in which the company is formed).

Q: You are working in the grey zone, I guess we can agree on that. What happens if regulations kick in?

Lobos: If and when regulations kick in which make the above proposed (and any other reasonable) method impossible, we would at this point lean towards a buyback program.

Q: A scenario could be that you would have to ask asset holders to give you their personal information. Message tokenholders via the blockchain and give them the choice to either hand over their personal details to you or sell their tokens (buyback option/sell on market). Then re-issue the Janustoken, on an Ardor KYC child chain in Q3 (if available by then) and distribute this new token to those who registered.

Bjorn: If this becomes an available choice, and doesn’t impede the distribution of profit sharing it can be altered to accommodate KYC, yes. The buyback could very well be the easiest route in the event of severe legal implications.

lobos: As a matter of fact, we believe that a buyback could be structured in such a way that it would take the place of the profit sharing.

Q: The thing here is, it’s not only your ability to launch grow and run a business we have to trust with our money. It’s a promise that you can run a registered business and we can be anonymous investors. Would you close the business or ask us to provide our personal info if forced to make the choice?

Bjorn: We would find an alternate method, more than likely what was proposed above and allow buyback options for Janus holders. There is always a way to protect users as long as everyone is willing to take the extra steps with us to do so.

Backstory: Betterbets.io

betterbets-site

Q: I have sent a message to Luis and Robert on LinkedIn, asking them to confirm that they’re related to Janustoken and BetterBets.io, because they don’t mention it on their LinkedIn CV’s. Also, BetterBets’s “About Us” page does not mention any of you. Can you prove that the betterbets site is yours? In some cases, when new asset issuers have wanted to provide proof of their identity, they’ve made a small change to their existing website, for example the “About Us”-page. Could you do that?

Bjorn: Yes we can. (it’s now added as of 5 minutes ago) Bottom right of the BetterBets.io landing page links directly to the Janus sale site and we have added this to the BetterBets about us page as you suggested.

Ad2: I have received a DM from Robert and Luis via LinkedIn and they confirm their active involvement with BetterBets and the Janus project. 

Q: You’ve said that BetterBets is in the top 5 of BTC dice/casino sites. When googling betterbets, I haven’t found you on any top list. I found a 5/5 review though, with a referral link to your site.

Bjorn: The google search would reveal paid ratings sites, we go by verifiable volume which is done by third parties such as www.dicesites.com. This site is and has been for years a true bitcoiner’s source for real casino data and provably fair thats been tested by the industry leaders who invented the methods used to calculate the provably fair methods used today. It’s an unpaid source and created by forum user NLnico who has been a long time community member to uphold security and proper business practices. He’s even done security work for Bitcointalk owner Theymos so this is not taken lightly when he approves a site for admission. The true top 5 sites changes often, one week we are #2 the next #7, the next #3 the next #10. This does vary but strictly averaged BetterBets is top 5.

Lobos: If you factor the volume we processed on Bettebets (68k BTC) and take into account the fact that we only launched approx. 18 months ago, you will see that we have been quite successful when compared to some of the casinos which have been around for years.

Q: Please elaborate on your success. You’ve moved around 47M dollars?

Bjorn: This is correct at this date BetterBets has achieved : 68806.33 BTC in betting volume since opening in May 2015. This site (thebitcoinstrip.com) isn’t completely current but gives some backstory as well.

Q: You’ve said that betterbets is a model of how the Janus project(s) will work (Janus will be a conglomerate of course, so there will be multiple companies, not just one, earning profits to Janus investors). Relevant to this (and to back you with trust), you’ve brought some of BetterBet’s early investors into the Nxtchat.slack.

Bjorn: The stakeholder program we created was actually 40 total spots not 20 (I may have misspoke in chat) and investors were able to purchase each spot for 5 BTC apiece (200 BTC total). One group close to us purchased half (20 spots) to secure their portion of the revenue from BetterBets. This investment and profit sharing will end in Q1 2018 as we have stated to all stakeholders.

Q: In the crypto investment space we’re used to new people dumping into IPO and ICO threads. They come with no backstory, yet they are all happy to buy into the project. Wouldn’t miss this opportunity for anything in the world. In other words, they are sockpuppets, accounts created to pump the ICO.

I’m not saying that @merk, @ropes, @kushed, @l3gionario, @bitcoinpot and others are sock puppets. But noone cares to ask them any questions. Why? Look at this:

You write that your investment offering to betterbets investors was minimum 5 BTC per slot, 20 slots in all. They sold out in 6 weeks.

bjorn_bb [9:37 PM]
now they are here and investing in Janus haha
it’s been a positive experience”

bitcoinpot [12:26 PM]
Hey there everybody, am here thanks to Janus team …being one of their stakeholders at BetterBets.io project consider myself lucky for having the opportunity to fill one of their stakeholders position avaliable already received back ( always on time – 1 day of the month) more than 50% of my initial investiment after 7 months of dividend sand I have still 17 months ahead

Q: Taking your word for it, 200 BTC was invested in betterbets within 6 weeks and everyone is on track to a full ROI in 4-6 months. Now, today with 1 day left of the 8% early investor bonus period for Janus, a total of 16.8 BTC has been raised, including NXT investments and new BTC investors.

I can ask the aliases in Nxtchat why they haven’t invested (more?) yet, but do you have thoughts about this issue yourself?

Bjorn: The only thing I can think of as to why some have not invested is really because we didn’t push investment into Janus on them, we showed them the details, the project and gave them insight as to what was coming but I didn’t direct sell it to any of them. My goal was to see if they had interest based on what we made public and decide for themselves. If I were to speculate I’d say some may not be in a position financially to invest, or are waiting until further into the token sale. Some previous stakeholders have invested. One is currently the largest investor in Janus up to this date. It’s impossible though to state exactly why, however, some of them are very busy or private and rarely even make contact as we have run a tight investment, and they probably never feel the need to enter the private slack we made available to them.

Lobos: Some of our investors are quite private and hardly communicate with us. I think the general feeling for Janus is that a lot of people are sitting on the fence waiting to see how it develops (less in terms of the token sale itself, but with regards to how we are able to communicate the story and whether we are able to hold up to the scrutiny which has been coming out way). Also, with the token sale having a set time limit (and for now not being in any danger of being sold out) there is no rush for them to dive in. From a personal perspective, I can say that I’ve never been a fan of diving into an ICO early on).

bct-betterbets

Source: https://bitcointalk.org/index.php?topic=1677509.msg17008011#msg17008011

Nxt vs BTC dividends

UPDATED: Due to a recent change of plans in Janus’ ICO and token distribution method (as announced on December 5th, 2016) some of the Q & A’s below are outdated. I have striked out the irrelevant parts.

TL;DR: Keep your Janus tokens in a local Nxt account at the time dividends are sent. Dividends will (for now) be paid in NXT. You can read more about this and get the latest Janus insights here

Q: The Janus token is issued on the Nxt Asset Exchange (AE) and you will use the dividend mechanism for distribution of BTC (not SuperBTC) to BTC accounts. Can you elaborate on this?

Bjorn: Janus exists on Nxt as a token and will be publicly traded on both the AE and traditional centralized exchanges. We have contacts in some exchanges and hope more will become available in time to allow greater platform trading. The method for receiving profit sharing will actually be executed outside the dividends feature, we will convert the Janus token site to allow all Janus holders present and future to create an account then input a BTC and their Janus/Nxt account addresses to receive their portion of profit sharing. It will be a simple verification of their Janus balance then sending BTC to the address users provide based on Janus amount owned. 

Q: Have to wrap my head around this; so only tokens which are held in a local Nxt wallet at the time of the verification snapshots and which have also been registered on the Janus site (to connect the Nxt account ID with a BTC address), will receive dividends. Token holders with Janus tokens on central exchanges (and Janus tokens bought on the Nxt AE but not registered on the Janus website) will not receive dividends. NOTE that the centralised exchanges could register their Janus token Nxt account on your website too and the exchange would receive the dividends.

Bjorn: Correct anyone who chooses to purchase Janus and also wishes to receive dividends needs to register their account on our site and add a receiving BTC address, this does mean that anyone, exchanges included could do this. I have a feeling that in the event we get on larger exchanges they would be willing to credit user accounts the BTC from profit sharing out of fairness. I’m also sure some smaller exchanges would keep it for themselves, unless their users demand they credit traders accounts.

In my humble opinion if profit sharing is significant people will have no issue using this method to reap the rewards of our work.

Q: Would Janus keep the dividends for non-registered token holders or pay all dividends to the registered token holders at the time of the snapshot?

Bjorn: We will pay all dividends out to those registered with Janus account and BTC address at the time of the snapshot.

Q: You’ve mentioned that the Janus token may be incorporated into some of your future sites. Can you elaborate on this?

Bjorn: One method to incorporate Janus on some of our sites will be similar to using a rewards model. Without a user having to understand anything technologically about blockchains, it’s very easy to allow ‘reward token’ (which would in fact be Janus tokens) to be used to redeem or send to other users on specific sites we are launching.

The main focus when our team enables features of this nature is to reduce any of the thinking associated with new technology, the way it will be used may not even indicate that it is a Janus token by name, although the underlying fact is that it will be Janus and using Nxt/Ardor blockchain for accounting.

Final Round: The FUD

dont_panic_button

Q: NXT price goes down. Will my Janus tokens lose value?

Bjorn: Our speculative answer is no, Janus derives nearly all its value from our business sites (and announcements of), therefore it is almost independent of any platform in regards to inherent value.

Q: Nxt Foundation gets 5% for acting as escrows. When will they release the funds?

Bjorn: The Nxt Foundation will release funds when all Janus tokens have been credited to the accounts from all participating people in the token sale and all bounties and associated rewards have been paid to participants.

Q: If they release funds after you’ve distributed the tokens to investors, how does this guarantee that you won’t run away with the funds? The AE token cost you 1000 NXT to issue, it would make you a very decent ROI.

Bjorn: We only have our reputations and word to guarantee this, we have a running blockchain based business that people depend on currently to do well, it could be used as leverage were we to run away. Also our core team for Janus 2 of 3 are now public, and Robert is co-owner of everything we do.

Lobos: I have been a professional software developer for 25 years and have worked on quite a number of enterprise-grade and mission critical projects. My work record is impeccable and no matter what happens to the token sale, I intend to emerge with my reputation intact; if for some reason this won’t be the case, it will severely impact my future employment prospects which is not something I am willing to risk.

Q: Nxt is controlled by a dictator doing hardfork attacks all the time. It’s a proven fact. What will you do when Nxt API changes and your services break?

Bjorn: Hypothetical question?

apenzl: FUD.

Bjorn: Our primary goal for all holders of Janus is security and longevity with the means to track users tokens held to deliver proper profit sharing percentages. We will adapt or use any platform necessary to carry this out, Nxt was chosen specifically for it’s secure and proven track record though. Janus will adapt if needed to any threats.

Lobos: One of the reasons we are donating 5% of token sale proceeds is that we wish to help put the Nxt foundation into a position which will enable it to continue the stewardship of the Nxt blockchain and its associated technologies.

Q: It isn’t guaranteed that Ardor will launch. Might be vaporware. Are you going to stick with old Nxt when Ardor doesn’t happen but other fancy fast scalable blockchain 3.0 solutions launch?

Bjorn: The best part of Janus is really the fact that platform choice is more of a convenience than mandatory, profit sharing is delivered in Bitcoin, and using Nxt currently to track Janus tokens per account. If at any point a new method to track distribution of Janus owned is needed, we will make this happen, even if it means launching our own private blockchain. We personally hope this never happens, because one of the great things about Nxt/Ardor is the developers and foundation. They put so much of their time and lives into the Nxt platform, thus allowing groups like the Janus team to focus on the use of their hard work and efforts. Our team believes in using the tools available to achieve success, this is why our focus is on business and not trying to advance a technology that’s already a decade ahead of mainstream adoption.

Lobos: We can only re-iterate that Janus is not a blockchain technology play but a business play. The underlying blockchain technology is actually quite irrelevant to us as long as it is actively maintained and supported. NXT has an impressive track record in this regard which is the primary reason why we chose it as technology base for Janus.

Q: Look at the Waves ICO. No code but pretty pix and promises at the time. It made them 16M USD equivalent. People like GUIs. It’s the same with Komodo. grewal posts screenshots of an easyDEX GUI and the crowd goes wild. Could we ask Janus for something to look at? A screenshot of the GUI from one of your promising projects. You plan to launch a business in Q2, you must have something. As long as it doesn’t give away some “secret”, could we have a look?

Bjorn: Yes, and we plan to show at the bare minimum, some of the things our framework for sites to come looks like. Including projects already using some of this in the wild now.

Lobos: Having been a software engineer for 25 years, I can not stand to simply push out code which just happens to work and is a complete mess. As such, one of the things I have done is to develop a framework which allows for a modular codebase and avoids the mess that monolithic codebases tend to become over time. The first public site implementation based upon this framework is actually the Janustoken.com site.

In addition to this, I have developed and own the copyright to code which can be used to implement Realty and eCommerce sites. This code has been implemented over the course of many years and has evolved to handle complex business logic while retaining its flexibility. Unfortunately the code has been written for a legacy architecture and needs to be refactored to properly fit into our new framework, but refactoring a codebase is many times easier than writing one from scratch, especially so if you can preserve the business logic which has evolved over the course of many implementations.

As a final point: over the past three to four years I have mostly been busy working on contract basis, mostly utilizing proprietary frameworks for large-scale customers. I can point to sites such as https://ice.com , http://vulkan.com, https://www.worldshop.eu and many others that I’ve helped implement. The most active site running an ancient version of my realty package is http://www.lrossa.com, a major booking engine for the region of Istra in Croatia.

Ad3: I have checked to my satisfaction that lobos (Robert) has been involved with the development of the sites mentioned above.


JANUS UPDATE:

ICO “CANCELLED” –
JANUS IS TRADING ON THE NXT AE

December 5, 2016

On December 5th, the Janus Team decided to stop the ICO and return all funds raised to their investors. Read details about the refund HERE.

Bjorn_bb writes:

The pace of the original sale was not going to reach 3500 BTC as was required to allow for such high revenue dividends, therefore we took a decisive course to allow investment directly here: https://www.mynxt.info/asset/4348103880042995903

Details:

[ICO] Janus on the Nxt AE

UPDATE 2:

Dividends are being paid monthly, 90% $NXT from BetterBets.io | 10% $ETC from https://etcbets.com, and their planned businesses are being built, the roadmap is being followed.

Latest updates:
https://nxter.org/ae-janus-4348103880042995903

Website: https://janustoken.com/
Bitcointalk: https://bitcointalk.org/index.php?topic=1677509.0


Disclaimer: This post is for general information and news purposes 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, representation, or endorsement by the author or the website owner and should not be relied upon when making (or refraining from making) any investment decision.

Nxt assets “Under the Knife”

To date, almost 800+ assets have been issued on the Nxt Asset Exchange (AE) since it was launched less than 3 years ago, as the first implementation of the coloured coin concept in crypto.

Some assets have gained magnificent market cap, in some periods even outperforming its reference currency, NXT. While others have been issued as experiments and some have, unfortunately, been scams.

The Nxt AE has been running secure and stable during all this time and continues to impress issuers and users with its advanced built-in features. In the Nxt Client, you can easily search for assets by their unique asset ID – but how can you find these IDs? You can trawl through asset threads on nxtforum.org or you can check an asset list on a Nxt Blockchain explorer.

That’s it. Because to this date, we have not had any service or central hub dedicated to rating, describing, or warning against fake assets.

How to find the good assets?

On the AE there’s no built-in hand holding. No regulation, no government protection, as it’s a 100% decentralised global asset market. There is no built-in KYC registration (such can be implemented on Ardor child chains), so investments and trades made on the AE are based on whether you trust the issuer / business or not.

Do your due diligence. Investigate. Ask questions to the issuer.

Experienced AE traders know this. Asset issuers should be aware of it too and go a long way to provide details and quality answers to their potential backers. But, let’s be honest, more than a few asset issuers got shocked by the community’s “guilty until proven trustworthy” approach, felt attacked, and ran off from NxtForum, after going in there full of energy and ideas, pitching their most promising project in an [ANN] thread, combined with a well-prepared business model (or not!), and possibly even a 100% working product to give ROI to their investors – if only they’ll back the startup.

While some campaigners may have only spent minutes on writing their pitch (and, thus, will be ignored), others have worked hard for months, or even years, on their business idea or software before finally seeking funds.

In both cases, the campaigners will be questioned, thoroughly, about their personal backstory as well as their business plan and product or service offering. If there are obvious holes in the issuers’ plans, it will show, and critical questions, and thus, judgement from the masses might not always come out politely in such cases. Wise asset issuers / campaigners thank the community for the free consultation and up their game and announce the necessary changes to the plan. Or, they defend their plan because it’s well thought through and fine. Campaigners would know if such a response was successful or not through the follow-up feedback from the community.

Either way, the process is tough on issuers. Some feel confident, others humiliated or trolled. Some give good answers while others can’t handle the stress and finally answer back aggressively. Unfortunately, then they lose out.

This is bad for investors. Not if the asset was a scam, of course, but unfortunately it isn’t always so.

So back to the question: how to pick the good assets – and avoid the bad?

[ANN] Nxt Assets “Under the Knife”

ae-knifed

In a new interview series hosted on Nxter.org, I will approach asset issuers with questions that are relevant to AE investors. I won’t be soft. Thus the title for the article series: “Under the Knife”.

Issuers will get an opportunity to read the article before it gets published. This is to give them a chance to make changes to their approach instead of having potential flaws revealed out in the open, on the oh-so-never-forgetting internet (who wants a “scam” post connected to their new great business name on Google search results?). Asset issuers can refuse to make an interview, but they can also ask for one to be made.

If an asset issuer decides to sponsor an article in the series, they won’t be guaranteed any recommendation. It can only be guaranteed that we’ll do our independent research and due diligence and publish it, which may turn out to their advantage – or their disadvantage. No asset sales are guaranteed.

Why?

Nxter.org works independently, yes, we’re a rare case. We’ve proven more than once that we can’t be bought. We exist to provide readers and investors with non-biased information. With this approach, we also give issuers a more seriously researched article, to which they can point both forum trolls and interested investors, instead of wasting time on answering the same more or less relevant questions over and over again in different chat rooms, private messages, and forums.

There are too many scam ICOs in the world of cryptocurrency but there are also too many hidden opportunities on the AE. The current situation is bad for investors and bad for crowdfunders as well, so let’s try to give both parties a helping hand. If you’re interested in helping, please contact us. In parallel with the interview series, we are building the nxter.org/assethub. More info about that will be available asap.

Who’ll get cut?

Time will tell. The first interview has been made with the Janus project. It felt natural, as they are currently hosting an ICO. Janus is a start-up business conglomerate that will be using the Nxt dividend feature to distribute BTC dividends, and may also implement their Nxt AE Janus token in some of their businesses…. or so they say. Check nxter.org tomorrow and read the first “Under the Knife” asset issuer interview.

Related posts:
Under the Knife #1: The Janustoken

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