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

April 2017 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

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

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

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

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

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

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

Tutorial: Nxt Asset Exchange

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

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  • Future Blockchains – What is Nxt

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

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

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

Source and more information: What is Nxt

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

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  • Webit Festival Europe – Jelurida Confirms its Attendance

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

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

Jean-Luc says:

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

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

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

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

http://www.webitcongress.com/

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  • Larson Digital – Blockchain Hackaton that Relies on Nxt Tech

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

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

For this event, the Nxt platform was highlighted:

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

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

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

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

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

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

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  • Janus – Distribution Completed

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

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

Bjorn, from the Janus team, states:

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

Transaction: 11120319234261742538

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

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

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

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

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  • Farl4bit – New Asset LinkBuild

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

Farl4bit explains:

 

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

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

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

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

https://linkbuilding.io/crowdfunding

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  • Adel – ICO’s Terms and Conditions

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

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


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

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

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

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

More information: Previous newsletter

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

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  • Nxt Node – How to Properly Shut It Down

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

Lior Yaffe, Nxt core developer, states:

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

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

kill <pid>

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

kill -9 <pid>

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

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

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

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

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

The Forging Bounty Lottery campaign

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DEVELOPMENT

  • Jelurida – Ardor Blockchain Platform Design

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

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

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

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

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  • Google Chrome – Ardor Price

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

Nothing at Stake explained in 4 minutes

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

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

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

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

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

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

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

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PRICE EVOLUTION

  • Aaron AG – NXT Technical Analysis

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

Aaron gives a short explanation about his videos:

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

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

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

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

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

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

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

April 2017 (II)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Cointelegraph – Blockshow Europe 2017

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

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

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

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

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

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

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

http://events.cointelegraph.com

Blockshow news at Nxter.org

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  • Moldova ICT Summit 2017 – Blockchain Innovations in Government

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

Lee states in his presentation:

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

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

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  • Adel – FAQ

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

Why did Adel choose Nxt as their blockchain platform?

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

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

Why did Adel choose Nxt over Ethereum?

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

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

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

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

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  • Janus – Changes in the Distribution Model

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

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

bjorn_bb states:

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

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

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

Janus News

https://janustoken.com

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

#janusproject (Link to join Nxtchat on Slack)

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DEVELOPMENT

  •  Ardor – Development Roadmap

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

  • Q1 2017 (done)

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

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

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

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

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  • Jelurida – Private Blockchain Evaluation Kit v1.11.5

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

Lior Yaffe says:

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

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

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

https://www.jelurida.com/evaluation

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NXT IN THE MEDIA

  • IBS Intelligence & Bitcoin Agile – Ardor Roadmap

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

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

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

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

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

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

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

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PRICE EVOLUTION

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

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

Some of the features included with this tool are:

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

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

April 2017 (I)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Hyperledger – Vendor Members List

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

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

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

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

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

Source and more information: The Nxt Foundation joins Hyperledger

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

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

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  • Intel & The Floor – International Blockchain Hackaton

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

 

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

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

And this is the result:

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

More information: Hackaton – day 1

Hackaton – day 2

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  • Cryptomate – Buy NXT via Bank Transfer in the UK

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

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

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

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

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

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DEVELOPMENT

  • NRS Update – Version 1.11.5

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


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

  • Android Wallet

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

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

Hash 94f71ed4d3762dd2e28f28bf0f8760a5a2c3cb78ee22a257639cc39dbe0c2621

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

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

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

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  • Ardor – v2.0.3e for Testnet

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

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

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

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  • Ardor Public Repository Migration

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

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

Please update any hardcoded website links.

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

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NXT IN THE MEDIA

  • Nxt Foundation – In the Media

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

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

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

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

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PRICE EVOLUTION

  • TradingView – NXT Very Long!

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

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

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

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

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

(Back to the Index)

 

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

March 2017 (IV)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Gartner – Blockchain: How Real is the Market?

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

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

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

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

(Back to the Index)

 

  • Nxtchat – Now Connected to the Slack Shared Network

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

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

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

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

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

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

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

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  • Betterbets – Huge Amount of NXT Wagered in This Platform

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

Bjorn states:

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

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

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

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

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

#janusproject (Link to join Nxtchat on Slack)

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

https://janustoken.com

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DEVELOPMENT

  • Ardor Testnet – Live Demo

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

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

Click on the image to open Ardor’s Live Demo

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

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

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

https://www.ardorplatform.org

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  • Ardor – Latest Features

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Link to join Nxtchat on Slack

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NXT IN THE MEDIA

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

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

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

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

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

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

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

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

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  • NewsBTC TV – NXT Blockchain Application Platform

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

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

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

Nxt Foundation’s working space in Amsterdam

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

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

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

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

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

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

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

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

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

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

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

The book shows a kaleidoscopic version of the Nxt ecosystem…

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

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

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

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

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

Buy Snapshot at Nxter.org

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

(Back to the Index)

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

 

March 2017 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – Supporter Program

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

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

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

Travin Keith states:

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

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

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

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

https://www.nxtfoundation.io/supporters

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

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

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

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

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

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

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

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

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

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  • Intel & The Floor – International Banking Blockchain Hackaton

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

Lior is especially excited with this hackathon and recently stated:

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

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

Source and more information: www.eventbrite.com

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

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  • What’s The Best… – ARDR Listed

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

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

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

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

http://whatis.wikidot.com/nxt

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  • Alt19 Index – ARDR and NXT Listed

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

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

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

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

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DEVELOPMENT

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

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

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

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

One of the latest available packages is NRS version 1.1.14.

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

C:\> choco install nxt

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

C:\> choco upgrade nxt

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

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

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

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

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NXT IN THE MEDIA

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

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

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

Hyperledger

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

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

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

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

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

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

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

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

Nxt Newsletter

https://blog.darcr.us

https://sigwo.com

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

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

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

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

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

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  • BLK Chain – Blockchain and Trust in Online Advertising

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (II)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – 2017 Marketing Strategy

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

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

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

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

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

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

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

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

Nxt Core – Asset Exchange

https://nxtwiki.org/wiki/Asset_Exchange

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  • CoinsHost –  NXT Accepted To Pay For Your VPS

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

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

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

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

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

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

Megalodon’s campaign

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DEVELOPMENT

  • Private Blockchain Evaluation Kit v1.11.4

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

Lior Yaffe says:

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

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

Jean-Luc, member of Jelurida, also notes:

The license doesn’t allow production use

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

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

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

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  • Ardor – v2.0.2e For the Testnet

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

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

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

  • Mac Installer

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

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

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

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

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

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  • Payments Compliance – Singapore Readies Blockchain Trial Cross Border Payments

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

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

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

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

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

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

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

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

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

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

(Back to the Index)

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

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (I)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Intel & The Floor – International Banking Blockchain Hackaton

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

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

Who will participate?

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

Do I have to be a blockchain expert?

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

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

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

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  • Janus – Second ICO Round

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

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

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

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

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

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

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

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

Source and more information: Distribution 2  Distribution 1

Janus Token Distribution March 4th

Dividends – February / March

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  • Nxtforum.org – Hundreds of New Users

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

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

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

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

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

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  • Snapshot – Join our Affiliate Program

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

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

Start earning money for every sale you send our way!

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

More information: #Snapshot_ebook_PoD

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

Affiliate Program

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DEVELOPMENT

  • NRS Update – Version 1.11.4

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

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

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

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

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

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

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

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

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

Ardor vs Nxt features

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NXT IN THE MEDIA

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

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

Yaroslav Loginov, project’s developer, says:

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

NXT NxtCoin 2. generation cryptocurrency news

February 2017 (IV)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Adel – Established as an LLC

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

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

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

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

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

bitcointalk.org/index.php?topic=1706282.0

www.adelphoi.io

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  • BlockShow Europe 2017 – Last Call for Tickets

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

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

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

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

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

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

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

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

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

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

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

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

https://scfsingapore.icc.academy/

Interview with Roberto Capodieci

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DEVELOPMENT

  • Jupiter – New Blockchain Based on Nxt Technology

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

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

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

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

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

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

https://darcr.us/

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NXT IN THE MEDIA

  • Decentralized Revolution – Blockchain Applications That Are Not Bitcoin

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

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

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

Nxt vs Ardor

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  • Adel – Why We Chose Nxt

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

The State is the People & the People are the State

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

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

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

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

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

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

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

www.adelphoi.io

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

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

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

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

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

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

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  • Crypto Compare – How To Mine Nxt

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

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

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

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

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

The Forging Bounty Lottery campaign

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

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

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

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

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each:

 

NXT COMMUNITY

  • Nxt Foundation – Designers and Writers Wanted

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

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

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

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

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

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

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

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

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

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  • Spreading Nxt – All For One and One for All

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

Wolffang has said:

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

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

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

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

Trollbox:

Poloniex.com/trollbox

Also for community discussions:  nxtforum.org

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

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

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  • Roberto Capodieci – Masterclass About Blockchain Solutions

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

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

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

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

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

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

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  • Tipper on Slack – New Functionalities

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

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

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

nxtwiki.org/wiki/Tipper_Service

github.com/libertyswede/NxtTipbot

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  • Nxter.org – Hall of Fame

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

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

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

Svalbard’s library already has the book about Nxt

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

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

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

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

(Back to the Index)

 

DEVELOPMENT

  • Ardor – The Public Testing is Going On

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

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

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

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

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

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

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  • Ardor – v2.0.1e for Testnet

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

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

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

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

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

  • Ardor Node JS Module

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

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

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

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

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

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

https://nodejs.org/en

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

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  • Docker Image – Nxt 1.11.3

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

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

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

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

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

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NXT IN THE MEDIA

  • Ardor – Launched on Testnet

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

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

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

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

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

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

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

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

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

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

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  • Deep Dot Web – Smart Contract Scripting (Amended)

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

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

Palas says:

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

Riker stated then:

Thanks Palas the paper is much more balanced now.

Source and more information: #Deep_dot_web

eprint.iacr.org/2016/1156.pdf

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

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

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

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about each of them:

 

NXT COMMUNITY

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

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

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

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

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

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

Buy it from the Nxter Shop


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DEVELOPMENT

  • Ardor – Testnet Launched

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

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

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

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

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

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  • NRS Update – Version 1.11.3

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

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

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

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

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

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

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

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

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

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

Websioux – PHP Libraries for Nxt

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

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

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

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

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

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

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

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

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

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

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

nxtwiki.org/wiki/Phasing

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

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

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

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

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

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  • Thinkmind.org – Emergence of Distributed Autonomous Institutions

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

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

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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


(Back to the Index)

Nxt news – 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.

[easy-social-share]

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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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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:

bjorn_bb [8:57 PM] , November 30, 2016:
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 timeframes. If the threshold is not reached by Dec 31st you will be refunded of course.

JANUS UPDATE 2:

ICO “CANCELLED” –
JANUS IS NOW 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

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


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

You can subscribe to the Nxter News list, if you want the interview sent to your mailbox.

Nxt news – November 2016 (IV): Good Wine Gets Better with Age

Newsletter-topNovember 2016 (IV)

 

Here, we bring you some of the latest news about Nxt over this past week in November:

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

 

DEVELOPMENT

  • Hack for Democracy: First Hackathon about Online Voting

Martis has announced, on NxtChat on Slack, a hackaton for elections, organized by Tech City Lithuania, which will take place from the 2nd to the 4th of December, 2016. Since one of Nxt’s most exclusive and groundbreaking features is the Decentralized Voting System (which, in some occasions, has already been used by some other  corporations), it might be beneficial for some members of the Nxt community take part in this hackaton.

Here’s the original announcement that was published on Slack:

Democracy is not inevitable or a given; it must be sustained and strengthened by each generation. Today, democracy in the World is challenged by unlimited political contributions, polarized legislatures and opaque processes. Nevertheless, technology can make an important contribution toward improving democratic institutions.

With a strong belief in technology, “Tech City Lithuania” is organizing a hackathon focused on elections, politics and open democratic processes.

How can you participate?

Do you have an idea how to organize online voting? What tools do we need to improve data security? What data would make elections more transparent? Join civic hackers, data analysts and designers to make progress on these and other questions related to elections and politics.

Tech_City_Lithuania

These are the main tasks to be solved during the hackaton:

1. Display of voting results in real time
2. Data security
3. Voter identity authentication
4. Voters’ activity
5. Trust (possibility to check, that their vote was not changed and for vote anonymity)
6. All solutions in one

This is why they are looking for coders who could participate in it. People interested in helping with this event to use the Nxt blockchain should join the #developers channel on Nxtchat on Slack.

Source: https://nxtchat.slack.com/archives/general/p1479983457012945

(Back to the Index)

 

NXT IN THE MEDIA

  • CryptoHolics – Interview with Travin Keith and Dave Pearce

Cryptoholics did an interesting interview with the members of the Nxt Foundation – Travin Keith (AKA marenkar) and Dave Pearce (AKA evildave).

After a short introduction, Travin and Dave started the interview with a thorough explanation of the differences between Bitcoin and Nxt, pointing out the innovative and disruptive features that it has. Nxt isn’t just a coin, because it also has an Asset Exchange, Coin Shuffle, Data Cloud, as well as an official NRS client loaded with these functionalities and more. Anyone can create their own asset at a ridiculously low price. as well as use systems for many other functionalities that turn Nxt into a really complete decentralized cryptoplatform.

[vsw id=”sju2KIStV_I” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

The interview also deals with other subjects, such as:

– What Ardor is and what it intends: Dave and Travin explains how Ardor will have a main chain and a lot of child chains. This way, the blockchain bloat problem will be solved and anybody can launch their own chain secured by Ardor (the users of the chain won’t need to own ARDR), all while many transactions will take place per second.

Roadmap for the coming years: Governance in a decentralized community, what the current and future situation of cryptocoins are, and the Hyperledger project…

Source and more information: CryptoHolics Ep.03 – Interview with Travin Keith & Dave Pearce from the Nxt Foundation

https://twitter.com/cryptoholics

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  • IBS Intelligence – Nxt’s Third Birthday

This past week, Nxt celebrated the third anniversary of its launch. Nxt was launched on the 24th of November, 2013, at 12:00 GMT. This 2.0 blockchain, also the first 100% PoS one, has had many changes and suffered big evolutions since its inception. Innovation and the inclusion of new features have been a constant trend during these three years, thus keeping Nxt at the forefront in its field and establishing a great level of security that some other supposed alternative coins can’t even imagine, all together with a passionate community surround it. So… HAPPY BIRTHDAY NXT!

Scott Thompson, editor at IBS Intelligence, wrote an article about Nxt where some current usage statistics are shown. Among them include: 2.3 million of transactions made, 160 000 accounts opened and 800 assets issued. Bas Wisselink, as a member of the Nxt Foundation and of Jelurida, also takes part in the article by expressing his hopes about the future of the platform.

bday3

Source: https://ibsintelligence.com/ibs-journal/ibs-news/nxt-celebrates-3-year-anniversary/

https://bitcointalk.org/index.php?topic=303898.msg3694805#msg3694805

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  • Snapshot – Most Units are Already Sold

Next Tuesday, November 29, 2016, will be the last day people are able to buy the printed edition of the book Nxt – Unsurpassable Blockchain Solutions on Nxt’s Marketplace.

Ludom says:

How to buy the printed book
If you want to buy the printed collector book (200 numbered unit), you can buy it on our Nxt shop : NXT-DE5P-4A5T-6SHU-7FHCV.

This shop is open from 22nd Nov to the 29th Nov. The price is ~35$ in NXT, the price will be updated regularly.

The world wide shipping costs are already counted in this price. Don’t forget to send me your postal address.

How to buy the ebook (PDF+EPUB)

You can buy the e-book all the time on the shop. The price is 1600 NXT.

We’ll send a download link in the delivery message. We’ve already sent the download link to the assets holders (ebookeng, ebookfre, ebookrus). This assets don’t have any value now. If you want to buy the e-book, you’ll have to use the Marketplace shop.

captura-de-pantalla-de-2016-11-22-13-17-49

More information: Nxt news – November 2016 (III): I’m not young enough to know everything

https://mynxt.info/good/11528988686656082668

(Back to the Index)

 

NXT COMMUNITY

  • Come-From-Beyond – Publishes BCNext Account’s Private Key

During these celebrations, Come-From-Beyond, one of the first developers of Nxt, made the following announcement on BitcoinTalk:

BCNext decided to stay anonymous. To execute his will I publish the private key to 1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a address which was used to sign his messages, till today only BCNext had access to the key, since today everyone does. Feel free to take those few satoshis left on the address.

This surprising and brief message has served, for some community members, as confirmation to their suspicions, and it has taken them no time to assert that BCNext’s true identity is CFB, a presumption that has been in their minds for a long time, but lacked substantial evidence. For those people, this has been the definitive confirmation.

However, some other voices claim that, despite this suspicious statement, there are still some reasonable doubts about the real identity of BCNext, because many members of the original development team could have previously accessed that private key (and not just one person), so it will be impossible to assert who truly is the real person behind BCNext.

bcnext

The ambiguity in the message from CFB (maybe consciously, maybe not) won’t let us draw definitive conclusions, and it makes all theories, to some degree, plausible. And maybe the lack of definite and undeniable evidences is the best because, this way, all Nxters can keep their mental picture of the person who was able to reflect the great, brilliant and original idea that, in the end, has resulted in the Nxt we know today. The debate is still on, so… Imagine!

More information: http://test.nxter.org/bcnexts-nxt

(Back to the Index)

 

  • NXT Debit Card – Make purchases with your NXTs

User nxtdebitcard, a newcomer to the community, announced a few weeks ago on Nxtforum.org about the first NXT-funded debit card, together with a service for recharging your mobile number all around the world and many other services, all of them offered by the UQUID team.

Some of the advantages announced by the card issuer are as follows:

No deposit fee – Anonymous – Multi cards buy support – Fast and free delivery

To be able to use it, we have to sign in to UQUID, where a new Nxt account will be assigned to us, so that we can make our deposits. The NXT sent there will be automatically converted to USD/EUR, at market price, by means of the Shapeshift service.

As with any other service, prior to using it, we recommend that everyone carefully reads the terms of use and the fees charged when using that service which, sometimes, can be significant. Some well-known forum users have already tried the card in a test buy with no problem.

I can confirm, that I ordered card and received it (in 2 weeks). Funded it and spent some EUR in shop with it.

However, Bitcoin debit cards have been around for quite some time, like the ones offered by Wirex, Xapo, etc. Since the Nxt Reference Software allows us to directly use the Shapeshift service, by means of a couple of clicks we can convert some of our NXT into BTC, and use them to recharge our Bitcoin debit card on the platform we choose. We could also use the Nxt  Asset Exchange to buy SuperBTC (every SuperBTC asset is 100% backed with real BTC) in a decentralized manner, and use the Multigateway services to send these BTC to our card’s deposit account.

shapeshift

As we always do, we’d like to remind you to take the necessary precautions when trusting your NXT with third parties. These services use Nxt but are not a part of Nxt, so the security level offered by the NRS (where only you know your secret passphrase and where you can even set greater level of security with the Account control) won’t be the same once we’ve sent our NXT to these centralized external platforms.

Source and more information: https://uquid.com/nxt-debit-card

https://nxtforum.org/general-discussion/nxt-debit-card-mobile-top-up-with-nxt/?all

https://bitcointalk.org/index.php?topic=1588857.0

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_27_nov_2016

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

ardr_btc_27_nov_2016
(Back to the Index)

Nxt news – November 2016 (III): I am not young enough to know everything

Newsletter-topNovember 2016 (III)

 

Here, we bring you some of the latest news about Nxt over this past week in November

NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

NXT IN THE MEDIA

  • NXT Folks – The Next Step

re-issues an article previously published in 2014, a time when the author was very excited about the potential of blockchain technology and the social implications that this technology would bring with it. The article details the several issues that the Bitcoin was going to face if it was going to be used massively as a coin. The text also goes over the great features that Nxt has which solves some of the previously exposed problems which are inherent to other PoW and PoS coins.

It’s amazing to see how, after two years have passed, many of the initial objectives that Bitcoin and other blockchains were hunting at that time have been abandoned or changed towards other ones – a clear signal that this technology is still very much in its early stage and has a long way ahead.

Nxtfolks2

Source: https://nxtfolks.com/2016/11/15/the-nxt-step-written-in-july-2014/

(Back to the Index)

 

  • Entrepreneur Podcast Network – Investing in Bitcoin and Blockchain Technology

This article explains how the cryptocoins markets are attracting attention of different kinds of speculators, some of whom are without an adequate background, who come to these markets distracted by siren calls by many testimonials who assert having won big amounts of money in short periods of time.

However, the text recalls the risks of operating in such volatile markets, where big oscillations in the price of coins usually take place. These markets aren’t backed by any government, nor are covered by government insurance programs. Besides this, in many of these coins, especially the ones with smaller market caps, tokens are staked by a small group of speculators who are able to move the price up and down at their will, usually in order to improve their profits.

The author also details some of the amazing features that Nxt, a blockchain 2.0 platform, has, that when Ardor is launched, will be available to businesses when issuing their own child chains. This way, unlike most crypto coins out there, it will become a full-featured platform and not just another coin as Nxt technology could be used for a wide variety of real life applications in business.

entrepreneurpodcastnetwork2

Source: http://epodcastnetwork.com/investing-in-bitcoin-and-blockchain-technology//

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  • EUREM 2016 – First Blokchain Hackaton in Moldova

Lee Gibson Grant of the Drachmae project, together with the Academy of Economic Studies of Moldova will hold a Blockchain Hackathon on the 24th of November, 2016, within the congress EUREM 2016. This Hackathon that will take place in Moldova will use the tools and features provided by the Nxt blokchain. Topics for the Hackathon are based on four categories to be presented to judges and technology demonstration: Digital Identity, E-Governance, Financial inclusion and Economic stimulation.

The Academy of Economic Studies of Moldova, is organizing on November 24 – 25, 2016, the International Jean Monnet EUREM 2016 Conference “Modern issues of EU’s development and relations between EU and Republic of Moldova”.

in order to assess how technologies can help Moldova to better integrate into European and global networks, within the EUREM 2016 Conference the following events are organized by Drachmae Project to present introductory workshops for blockchain technology to EUREM Attendees.

hackatonSetting up such a big event requires a lot of time and involving many parties and people. That’s the reason why Lee has made the following call to the members of the Nxt Community who are able and willing to help:drachmae

Source and more information: https://nxtchat.slack.com/archives/general/p1479319871012219

Techannouncer.com – Successful trends and prospects of the Moldovan economy adjusted to EU norms and introduction of Blockchain Technology

https://www.eventbrite.com/e/1st-moldovan-blockchain-hackathon-tickets-28450185270?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&aff=esfb&utm-source=fb&utm-term=listing

http://www.ase.md/eurem.html

(Back to the Index)

 

 NXT COMMUNITY

  • NXT on the Exchanges – How to integrate it

All the information and steps required in order to integrate NXT in exchanges has been recently added into the Nxt Wiki. This document will only become a final document just after a thorough review has taken place.

This new entry intends to make it as easy as possible for exchanges so that users can buy and sell NXT/ARDR on their platforms.

business-1730089_640

Source: https://nxtwiki.org/wiki/Exchange_Integration

(Back to the Index)

 

  • Nxt 2.0 Child chains – Not a Sharding Scheme

Last week, we mentioned that Riker, a Nxt core developer, considered Nxt, ETH, Bitcoin, etc. as examples of blockchains that can’t grow indefinitely. When Vitalik Buterin, Ethereum core developer, was asked about it by one of his followers, he stated on Reddit:

“The NXT 2.0 design last time I reviewed it still requires all nodes to either process all transactions or store all data, so it’s not a full sharding scheme.”

However, the Nxt 2.0 roadmap (a document which, obviously, Vitalik hasn’t had time to read), states that this is not about setting up a sharding scheme, but pruning unneeded data once a certain time has passed.

Riker said at Nxtforum:

In NXT 2.0 all nodes still process all transactions but only store the last 24 hours of each child chain.
However, we should have the ability to separate each child chain into it’s own subnet of nodes, so that only the Ardor chain transactions are validated by all nodes.
Recall that each child chain block becomes ChildChainBlock transaction on the Ardor chain so the potential savings is in the ratio of 1:100 or more.

I tried to learn about Ethereum sharding but only found 20 minutes of mostly hand waving presentation by Vitalik https://www.youtube.com/watch?v=-QIt3mKLIYU from which I learn that the blockchain will be separated into “shards” and then magically using a lot of “Merkle contracts” and “Merkle proofs” and “Async contracts” it would somehow allow transactions between these shards, if anyone understands this better I’ll be happy to learn more and compare this to our clearly explained NXT 2.0 roadmap.

I also found a semi-deserted github repository https://github.com/ethereum/EIPs/issues/53 in which Vitalik further explains his vision. This seems to be more of a vision then a real design document.

And it doesn’t look that Ethereum made serious progress on this since the concept was introduced last year.
Did anyone see a clearly defined Ethereum 2.0 roadmap?

riker

Source and more information: Nxt news – November 2016 (II): Don’t be a magician – be magic!

https://nxtforum.org/general-discussion/child-chains-in-nxt2-0/msg227530/#msg227530

(Back to the Index)

 

  • Tipper Service –  Version 0.1

Nxtswe went over the latest novelties for tipper, the tipping monkey on Nxtchat on Slack:

  • Blockchain backup. Tip bot can now automatically back up each user’s account information in encrypted form on the Nxt data cloud by setting the config key blockchainBackup to true. This will require 1 NXT per created account. In return all you ever need to store is the masterkey, and you will be able to restore all data in the event of a hard disk failure.
    This is currently being used on Nxtchat and the data can be seen in the NXT client under data cloud and tag “tipbotdata”.
  • Moniker support for assets & MS currencies. For example, by giving the ARDR asset monikers “Ardor” and “NXT2.0” you can use those names for tipping as well as ARDR.
  • List command. Lists all assets and MS currencies currently supported by the tip bot, as well as their monikers and a link to Nxtportal for further information.
  • Tip & withdraw using Nxt id. Added ability to tip & withdraw assets / MS currencies using their respective Nxt id in addition to their name and monikers.
  • Balance command lists all assets/currencies. Balance command now also show unsupported assets / ms currencies. That means if your Nxt account owns an asset that is not supported by the tip bot, it was previously not shown. Now it will show up, with a warning saying it is an unsupported asset.
  • Withdraw unsupported assets & currencies. Withdraw command can now be used to withdraw unsupported assets / ms currencies. However only by using their respective NXT id. For example:
    “withdraw NXT-4TTB-QL93-SS6H-BW3GX 5 12071612744977229797”
  • Bugfix. I have been hunting down a bug which caused the bot to crash on *nix systems for many weeks now and I believe I have found it and fixed it. The problem is however intermittent and does not happen in my development environment, so only time will tell if I really nailed it this time. crossing fingers

I still consider this beta software, so please only use small amounts when depositing.
In the event of funds getting lost due to a bug I will personally repay you, but only if it is reasonable small amounts.
Max 1000 NXT per account.
Thank you!

Tipper_monkey

Source and more information: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/msg227540/#msg227540

https://github.com/libertyswede/NxtTipbot/releases/tag/v0.1

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  • Janus Token – Questions and Answers

The Janus team has been mentioned in an article at BTCmanager.com. In this interview Robert Gasch, Janu’s Director of Technology, gives new details about this project. Robert also takes advantage of the situation to thank the Nxt Foundation for the assistance given in order to properly launch this business on the Nxt platform.

Janus has also published a Q&A with questions about the project from the Nxt Community:

We have been collecting questions from the Janus community on Slack, Twitter, Google+, and a number of forums to bring some information together in a single location. If you are curious about the Janus project please look over this document

Those of you who want to participate in the ICO have to register at janustoken.com. That webpage details all the information about this new asset and the terms and conditions for the ICO.

Riker, Nxt core developer, congratulated the Janus team for its website:

Hi guys, just registered in your web site. Very sleek design and everything works as it should, including 2FA. Well done.

janusIn the near future, we intend to interview some of Janus members at Nxter.org and ask them some key questions about the project.

Source and more information: https://janustoken.com

https://nxtforum.org/the-janus-project/janus-(jns)-blockchain-secured-global-business/msg227583/#msg227583

https://nxtforum.org/news-and-announcements/janus-(jns)-blockchain-secured-global-business-token-sale-live/msg227608/?topicseen#msg227608

https:[email protected]/janus-a-stock-token

(Back to the Index)

 

  • Snapshot – Collector’s Edition

The publisher Plaisir d’histoire has just received in its warehouse 200 copies of the collector’s edition of Snapshot, the first book about Nxt. sy1owo

115 books were funded during the crowdfunding campaing that took place a few months ago. The 85 books left will be sold on Nxt’s Marketplace. There’s also an unlimited digital edition that can be bought in different platforms. Each of the books are given a unique serial number by hand.

And naturally, the book number one is earmarked for BCNext, the creator of the platform.

rsezk6

More information: https://nxtforum.org/general-discussion/snapshot-the-birthday-present-for-nxt/?all

https://nxtforum.org/general-discussion/(crowdfunding)-the-first-book-about-nxt/?all

(Back to the Index)

 

  • Ardor Guide – Reaches 500 Followers

Our collegues at Ardor Guide just broke 500 followers on Twitter in record time. Not bad at all for this page dedicated to a platform ,Ardor, which isn’t expected to be launched until the second half of 2017.

Source: https://twitter.com/ArdorGuide

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_20_nov_2016The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

ardr_btc_20_nov_2016(Back to the Index)

Nxt news – November 2016 (II): Don’t be a magician – be magic!

Newsletter-topNovember 2016 (II)

 

Here, we bring you some of the latest news about Nxt over this past week in November

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

 

DEVELOPMENT

  • Docker image: Nxt 1.11.0.e

User chevdor has uploaded the latest NRS in a Docker open-source container, with version 1.11.0, and experimental version.

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 on where the application can run, whether on premises, public cloud, private cloud, bare metal, etc.

docker dockernxt

Running NRS in a Docker container could be even easier than running it “the normal way”. It’s specially useful when running Nxt on a VPS: No java required, no download, no specific configuration… Besides 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://github.com/chevdor/docker-nxt

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

(Back to the Index)

 

  • Debian 8 64bits – How to set up a Nxt node

Lurker10, writer of the articles Beer, Betting and the Nxt Blockchain, Lottery on the Nxt Blockchain in Golang and Programming the Nxt Blockchain for fun and profit, has shared a quick tutorial about how to set up a Nxt node in a Debian 8 – 64 bit system.

The steps are as follows:

    1. Change the root password from the one assigned by datacenter (optional but a good idea): passwd root
    2. The next big command updates system packages, removes unnecessary services, installs necessary services, nxt, blockchain, simple ssh bruteforce protection and automatic Nxt restart on reboot. Before you run it, replace the dropbox blockchain link inside of it with the current one that you can find on www.peerexplorer.com/peerexplorer-api:
      cd /root; echo "deb http://ftp.us.debian.org/debian 
      jessie-backports main" >> 
      /etc/apt/sources.list; 
      apt-get update; apt-get -y purge apache2 postfix; 
      apt-get install -y openjdk-8-jre fail2ban mc nano wget; 
      wget "https://bitbucket.org/JeanLucPicard/nxt/downloads/
      nxt-client-1.10.3.zip";
      unzip nxt-client-1.10.3.zip; 
      wget "https://www.dropbox.com/s/yktn0yvd5ttdwnb/
      nxt_db_peerexplorer.zip?dl=1"
      -O /root/nxt_db.zip;
      unzip nxt_db.zip; 
      echo "@reboot cd /root/nxt; 
      ./run.sh" >> /var/spool/cron/crontabs/root; 
      chmod 600 /var/spool/cron/crontabs/root; 
      chown root.crontab /var/spool/cron/crontabs/root; 
      /etc/init.d/cron restart; 
      cp /etc/fail2ban/jail.conf /etc/fail2ban/jail.local;
      sed -i '80s/banaction = iptables-multiport/banaction = 
      iptables/g' 
      /etc/fail2ban/jail.local; 
      /etc/init.d/fail2ban restart;
    3. The following is the same command but with no blockchain from Peerexplorer. It will take some time to download all blocks:
      cd /root; 
      echo "deb http://ftp.us.debian.org/debian jessie-backports main" >> 
      /etc/apt/sources.list; 
      apt-get update; 
      apt-get -y purge apache2 postfix; 
      apt-get install -y openjdk-8-jre fail2ban mc nano wget; 
      wget "https://bitbucket.org/JeanLucPicard/nxt/downloads/
      nxt-client-1.10.3.zip"; 
      unzip nxt-client-1.10.3.zip; 
      echo "@reboot cd /root/nxt; 
      ./run.sh" >> /var/spool/cron/crontabs/root; 
      chmod 600 /var/spool/cron/crontabs/root; 
      chown root.crontab /var/spool/cron/crontabs/root; 
      /etc/init.d/cron restart; 
      cp /etc/fail2ban/jail.conf /etc/fail2ban/jail.local; 
      sed -i '80s/banaction = iptables-multiport/banaction = 
      iptables/g' 
      /etc/fail2ban/jail.local; /etc/init.d/fail2ban restart;
    4. Prepare a file with the following settings and paste its content in  nano /root/nxt/conf/nxt.properties

      nxt.maxNumberOfInboundConnections=500 
      nxt.maxNumberOfOutboundConnections=100
      nxt.maxNumberOfConnectedPublicPeers=200 
      nxt.myAddress=w.x.y.z (your VPS ip address)
      nxt.allowedBotHosts=* 
      nxt.apiServerCORS=true 
      nxt.myHallmark=xxxxxxxxxxxxxxxxxxxxxxxxxxx 
      nxt.myPlatform=NXT-XXXX-XXXX-XXXX-XXXX
      nxt.apiServerHost=0.0.0
    5. cd /root/nxt; nohup ./run.sh & ; exit
    6. exit

debian

Source: https://nxtforum.org/general-discussion/5-million-nxt-bounty-for-nxt-ardor-forgers/msg227437/#msg227437

(Back to the Index)

 

NXT IN THE MEDIA

  • Asset Servicing Times – Nxt joins the Hyperledger project

The fortnightly magazine Asset Servicing Times has published a brief article by Becky Butcher about the Nxt Foundation joining the Hyperledger project, an alliance of which we explained in a previous newsletter that we also elaborated in some other previous articles.

Source: http://www.assetservicingtimes.com/assetservicesnews/article.php?article_id=7022#.WCSf2mf2azm

(Back to the Index)

 

NXT COMMUNITY

  • Nxt Notifying Sevices – Receive email alerts in your inbox

Following some recent questions about this subject stated at NxtChat on Slack, we are going to review what options are available in order to have a notification service in our Nxt account. These services will allow us to receive an email alert every time our Nxt accounts have some movements. We can choose, among many options, what transactions we want to be notified about.

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

It supports Alias Operations and Arbitrary Messages. It doesn’t use you passphrase, so there is no security risk. They also promise not to spam you!

nxtalerter

    • Argus Notifications:

      This tool is developed by the user TeStDrUiF. It allows you to choose many different transactions for a given account to receive an email notification. You can also choose other coins which have a good API. Currently, the service is available for the following coins: BTC, ETH, WAVES, DOGE, NHZ and, of course, NXT.

argus-notification

Source: https://arguseyes.net/

https://www.mynxt.info/alerts.php

(Back to the Index)

 

  • Why Nxt/Ardor and not Bitcoin? – Riker has the answer

Lior Yaffe, A.K.A Riker, Nxt Core Developer, has answered this big question asked by a user at Nxtforum.org. Why Nxt or Ardor and not Bitcoin? This is his answer:

As an NXT developer I get to talk with many people and businesses about their plans of using blockchain. One issue that comes up every time is scalability. It is now clear for everyone in the industry that traditional blockchain architectures like Bitcoin, Ethereum and NXT 1.0 does not scale.

A major problem we need to solve in order to scale blockchains, is the ability to separate the token used for securing the network from the operational token used by applications. NXT 2.0 is all about this. Once we are able to separate the forging token from any application specific token we can optimize the blockchain by eventually removing (pruning) transactions which do not affect the forging token balance by only saving a cryptographic proof for their past existence. Achieving this requires a monumental programming effort of separating the static singleton blockchain design of NXT 1.x into parent/child blockchain architecture or even a tree of blockchains. This is our vision for NXT 2.0, Ardor will be the forging token of the parent chain.

As to NXT 1.x … it is a stable and mature blockchain product which, in my view, is vastly superior to anything else out there. However, from the view point of application developers it has severe limitations which currently reduces its usability, mainly the need to store every transaction in the blockchain forever and the need to use the NXT token even for transactions which has nothing to do with NXT itself like asset exchange, monetary system and digital good store. This are the problem we are addressing with NXT 2.0

rikerconference

Source: https://nxtforum.org/general-discussion/why-ardornxt-and-not-bitcoin/msg227378/#msg227378

(Back to the Index)

 

  • The Janus Project- The ICO begins

Janus has made a public announcement this past Thursday on its website about its business plans. Janus has published an interesting and detailed whitepaper and some other documents with terms and conditions. The funding campaign for this business has already begun.

The ICO will last until the amount of 7,000 BTC is reached or until the 31st of December, whichever comes first. Five different members of the Nxt Foundation will act as an escrow for this campaign.

The whitepaper details the main reasons why Janus chose the Nxt platform. They are as follows:

  1. Nxt is an established blockchain platform with a solid record: it has never been hacked, forked or compromised in any other manner.
  2. The Nxt wallet will make the distribution of dividends to token holders fast, easy and transparent.
  3. Nxt will implement a business-focussed blockchain next year called Ardor. All Janus tokens will migrate to this platform when it is available (scheduled to launch in Q3 2017) and be among the first users of this exciting new technology.
  4. The installation of the Nxt wallet is a relatively easy process and the size of its blockchain is rather small compared to Bitcoin qt wallets. As such, the process of using the Nxt wallet is quite easy and does not present any significant barriers to interested users
  5. With the security of Smart Transactions, we can have a peace of mind that our business operations on the child chain will be secure

Five percent of the crowdfunding campaign will go to the Nxt Foundation for its escrow service. For more information about the Janus project, we recommend that you visit the links below.

januslogo

More information: https://janustoken.com/

Official thread: https://nxtforum.org/the-janus-project/

Whitepaper: https://janustoken.com//Janus/assets/JanusWhitepaper.pdf

Details about the escrow: https://janustoken.com//Janus/assets/JanusEscrowDetails.pdf

(Back to the Index)

 

  • Decentralized Voting – New Infographic about Nxt

The Nxt Foundation, with the help of Savandra, has chosen the Nxt Voting System as the feature to be presented in a series of infographics about Nxt’s features:

voting-infographic

We’d like to remind you that some other infographics about Nxt’s features were published some time ago, such as Coin/Asset shuffling and the Alias System.

Source: https://nxtchat.slack.com/archives/general/p1478918318011820

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_13_nov_2016The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

ardr_btc_13_nov_2016
(Back to the Index)

 

Nxt news – November 2016 (I): There is no friend as loyal as a book

Newsletter-topNovember 2016 (I)

 

Here, we bring you some of the latest news about Nxt over this past week in November:

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

 

DEVELOPMENT

  • More information about the official NRS app

Last week we mentioned that the experimental version 1.11.0 of NRS was also available as an App for your Android or iOS mobile phone.

Jean-Luc announced:

Experimental support for running the client wallet as a mobile app has been added. See specific documentation at https://nxtwiki.org/wiki/Mobile_App

The app works pretty much the same as when running your desktop NRS client in LIGHT mode. It automatically connects to a random Nxt node to perform all the operations in real time. Besides being able to use all the functionalities of NRS on our mobile phones, this opens up a wide range of new possibilities.

Riker says:

One interesting use case for the mobile app is to use an old phone or tablet completely offline only for signing transactions. This way you never have to expose your passphrase to online computer. See https://nxtwiki.org/wiki/Offline_Transaction_Signing.  If someone likes to try this and report their experience that would be great.

Functionalities that require sending your passphrase to the node, such as to start forging, have been disabled on the app. For security reasons, transactions are signed locally prior to being sent to the remote node. This way, your passphrase never leaves your computer.

appwallet

Download the App:
Android: https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-mobile-client-android-1.11.0.0e.apk
sha256: 31a4d5b6e223d86440de815907ae3c9a6a8a495116e83ca0b1078c856609f261

iOS: https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-mobile-client-ios-1.11.0.0e.app.zip
sha256: 3e586a4cab198f069275e39f5db7088c0182cda09c698304e047d1db8279e804

More information: https://nxtforum.org/nrs-releases/nrs-v1-11-0e/?all

https://nxtwiki.org/wiki/Mobile_App

(Back to the Index)

 

  • Questions and answers about Nxt Freewallet

User lostintranslation, co-founder of Freewallet, has made some some clarifications on the Nxtchat on Slack about how this unofficial Nxt wallet for mobile devices works, which we went over in our previous newsletter.

About the code being open-source and how the company makes profits:

It’s like Coinbase, it is not an opensource solution.
…Regarding monetization model: we’ve got one. We have announced the top ups with credit cards, soon we’ll have even more fiat options.

About users being able to retrieve their Nxt passphrase from Freewallet and managing ARDR with the same wallet as NXT

…not for the moment, that’s why we’re in Beta… but soon we’ll have features to control your keys with a passphrase.
…No separate wallets for the moment. But will consider that.

About the integration of Changelly in the App:

 I’m personal fan of Nxt so we support both (Nxt & Ardor), and we made guys from Changelly to do that.
…wait for updates. Freewallet soon will issue cards

More questions about Freewallet can be directed to the user lostintranslation on NxtChat in Slack

freewallet

Source and more information: https://freewallet.org

https://nxtchat.herokuapp.com

(Back to the Index)

 

NXT IN THE MEDIA

  • Snapshot – The first book about Nxt

Nxter magazine and Plaisir d’histoire have finished editing Snapshot, the first book about the Nxt platform. The book has 228 pages full of information and will be available both in a printed Collector’s Edition as well as an eBook. The date of launch is expected to coincide with Nxt’s third anniversary

Lionel Jeannerat (AKA Ludom) says:

Last year, Nxter magazine proposed a special gift for the 2nd birthday of Nxt: a free PDF containing articles about Nxt in four different languages.

After that, we launched a crowdfunding campaign to finance the translation and the printing of this book. It was a success: https://nxtforum.org/general-discussion/(crowdfunding)-the-first-book-about-nxt

But the work took more time than we expected. The changes in the community and in the Nxt agenda (with Ardor) didn’t help because we needed to complete and correct lot of informations. But finally, we did it!!!

Nxter Magazine and Plaisir d’histoire presents:

The making of this book has congregated many illustrious members of the Nxt community, and all of them have brought their expertise and experiences to make the book a great compendium, useful to any nxter or person excited about the possibilities that this blockchain technology allows. The chapters of the book are filled with interesting bits of information and experiences.

There are many quotes that can stand out from the book. For example, Arthur Penzl, of Nxter.org, writes in the book:

 

The future will not be centralised. It will be you.

Jean-Luc, Nxt lead core developer, writes in the book:

Nxt has been designed from scratch to serve as a platform for much more than simple money transfer transactions. The relative ease with which new features have been added regularly every few months during the las three years proves the well-designed and flexible architecture of Nxt

Roberto Capodieci, blockchain expert, writes in the book:

Nxt is the most amazing decentralised tool that knows no borders, no central authorities, no risks of fraud. With it’s API and hundreds of endpoint calls, Nxt is an easy tool to integrate with other software solutions, thus being the perfect solution for each business need

For those of you who took part in the crowdfunding campaign, Ludom says:

You can send your assets pbookeng (Asset ID 7676447843512066742) with your postal address to NXT-MDL9-ZDLP-PQ5N-HMKG NXT-DE5P-4A5T-6SHU-7FHCV

If you own an asset for ebooks (ebookeng, ebookfre, ebookrus), you don’t have to do anything. You’ll receive directly a link to download the ebook at the 3rd Nxt Birthday. The book is not translated in French and Russian (sorry but it is to much work for us!), the ebookfre and ebookrus owners will receive the ebook in English + an extra surprise.

Nxter Magazine

Furthermore, there’s a special offer for the members of the Nxt community, before issuing the book in other shops:

We propose an exclusive possibility to the community to receive the book and ebook before the 24 November.

Next week, we’ll launch our shop on Nxt Marketplace. We’ll sell:
– the last 35 collector books: ~25$ + shipping costs
– e-book: ~10$

At the 3rd birthday of Nxt, 24 November, we’ll switch off the shop on Nxt Marketplace. Then we’ll propose the book and ebook on more traditional shops. The price will be 25$ + shipping costs for the the collector books, 10$ for the ebook.

Thank you all who have make possible that this book possible.

Source: https://nxtforum.org/general-discussion/snapshot-the-birthday-present-for-nxt/msg227248/?topicseen#msg227248

(Back to the Index)

 

  • NxtFolks – Real application idea for Ardor child-chain

 

TheWireMaster goes over in this article published on Nxtfolks about a new application for what Ardor could be used for: companies could use child chains to use its tokens as a way to replace the more traditional rewarding system of that company. With this incentive, (tokens) workers will be encouraged to do a better job because of the prize.

Once the employee has acquired enough tokens, they could use the Marketplace to exchange those tokens for products, shop vouchers, or anything else the company can offer. This way, workers would have one more incentive to do their job properly.


Source: https://nxtfolks.com/2016/11/03/real-application-idea-for-ardor-child-chain/

(Back to the Index)

 

 NXT COMMUNITY

  • Liquidtech – Pays a 500,000NXT dividend

On the 1st of November, Libertynow, who issued LQD, gave away half a million NXT to LQD holders as monthly dividends. Good news for this fund that continues on working successfully after the hard times it went through a couple of months ago, as we mentioned in a previous newsletter.

The results could have been even better if it hadn’t been for the attempt to trade with the newest and more fashionable altcoin, which in the end, was traded in a manipulated marked.

Libertynow says:

Asset sales continued strong this month.  It was actually a really good month until I tried to trade ZEC and the bot failed miserably.  I still decided to pay out 1.2NXT/asset in dividends, however, since the rest of the month was quite successful.

Dividends paid: 500,000 NXT
Dividends/Asset: 1.2 NXT

liquid_graph

Source and more information: https://nxtforum.org/liquid/dividend-day!/msg227137/#msg227137

http://www.liquidtech.info

(Back to the Index)

 

  • Tipper Service – Included in the NxtWiki

NxtSwe has made it! A detailed documentation of his tipper service has been included in the NxtWiki. In his latest update, he explained:

I’ve updated the bot a few times since my original post, but never posted anything about it here. Some of these are old updates, and some are quite recent ones. Also, the bot is now also running in crypto chat (digitalcash.slack.com) Slack team as well as nxtchat, thanks marenkar for making this happen!

Riker was kind enough to set up a wiki page for the bot.

The new developments, as NxtSwe reflects, are:

  • Added ‘list’ command to show a list of supported assets / ms currencies.
  • Added monikers for the units, for example, when sending ardr you can use ‘ardor’ or ‘nxt2.0’. These can be listed in the list command above.
  • The bot now reacts to @tipper as well as just tipper when sending tips in a public channel.
  • When sending currency/asset to an account that does not have any NXT, an extra DM is sent to the sender with information that the recipient does not have any NXT and that it might be a good idea to send some in order for the asset/currency to be useful.
  • Send tips directly to NXT addresses, using the same syntax as tipping a user. Just swap @username with a NXT-XXX address.

Tipper monkeySource and more information: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/#msg227182

https://nxtwiki.org/wiki/Tipper_Service

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  • Hyperledger Project – The role of the Nxt Foundation

The Nxt Foundation became an affiliated of the Linux Foundation and the Hyperledger project, as we announced in a previous newsletter when the news become official. However, there are still some concerns about what the Hyperledger project is and what role the Nxt Foundation plays there. Travin Keith, of the Nxt Foundation, is the marketing representative to Hyperledger. He recently gave us some answers to these questions:

Hyperledger is a project by the Linux Foundation that is a collaborative effort among the participating organizations to promote the use of a distributed ledger (blockchain) and bring it to mainstream business and organizational use

The Nxt Foundation benefits a lot by being a part of the Hyperledger project, even if some of the work that’s done creates a conflict of interest (them making their own blockchain vs using the Nxt blockchain or an Ardor child chain). I get to hear directly from these influential representatives what needs they have and how they think blockchain technology could help them. These discussions really help out with regards to figuring out how Nxt or Ardor can complement them or maybe even substitute them for other companies.

Another thing is that it helps the Nxt Foundation be a credible source of information. One of the things being discussed is a book, and I’m trying to be one of the authors for it. I’m still trying to gauge the level of knowledge that other representatives have with regards to the public blockchain space… I’m trying to be proactive and joining sub-committees to try to get a stronger reputation. At the moment, I’m not able to attend events, for various reasons, but I hope to in the very near future. It seems to be one of the best ways to talk with them as the calls can sometimes be a bit crowded.

nxt-foundationhyperledger

They know about the existence of Nxt, and maybe Ardor, but it’s important that I don’t push it too much. I’m not there to sell, I’m there to collaborate and learn… Keep in mind that all these other companies also have something to offer the others, and so there’s an unspoken rule that we don’t sell to each other. I think this is where going to events personally will make the most sense, because I’m then able to meet up with them after work… on the calls, it’s usually during regular working hours, so they only want to stick to the agenda, which I understand.

Source and more information: https://nxtchat.slack.com/archives/general/p1478205207011341

http://test.nxter.org/es/la-fundacion-nxt-se-ha-afiliado-a-la-fundacion-linux-y-a-hyperledger

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  • Janus Token – Chooses the Nxt – Ardor platform

The user bjorn_bb, representing Janushas announced that this team will be joining Nxt platform in the near future. Nxt features, together with the help offered by the Nxt Foundation, has made them take this decission.

We hope to launch within the next 2 weeks if everything goes as planned.

All major questions should be answered by both our whitepaper and FAQ. Since we are going to be part of the Nxt and then Ardor platforms (for at least a  decade) when that is ready my team and I will be here for any questions that are not covered in our site/threads/papers  as well.

Our goal is to create our parent company and then house several businesses under this conglomerate to form a large online presence in traditional global and country specific business industries. It will at first sound extremely ambitious, and it is, however this is not a newly formed idea and has been in incubation with my business partners and I for years. We are currently owner/operators of a bitcoin business for over a year and decided that including the blockchain community in our future work could be a better alternative than tradition angel investment. After reviewing all platforms for months and speaking with several developers of each platform we found the Nxt team/foundation and blockchain to be the best for our uses now and in the future.

janustoken

 

We’ll push to get Janus launched asap though as the token sale deadline is Dec 31st and we aren’t changing that so 2017 can start a series of businesses launched. When the sale launches half my staff will be helpiung the communication to the public the other will continue working on our businesses.

This foundation is incredible, they are very good people and we are very pleased to have found such a great commodity in blockchain… after speaking to them weekly for months they are professional and very committed to this platform and those like ourselves looking to create large businesses and using this platform.

More information: http://janustoken.com/

https://twitter.com/Janus_Token

(Back to the Index)

 

  • Nxt Support Helpdesk – 300 issues resolved

Nxt Support Helpdesk is the place where users can utilize when faced with questions about the NRS software, together with Nxtforum.org and NxtChat on Slack (#helpdesk channel). There is also a business assistance service for companies on the system..

The helpdesk is a community-based effort. Please be aware that the agents there are unpaid volunteers who help you because they are long time Nxt users who want to help you because they love our platform.

Recently Evildave, of the Nxt Foundation, has made the following statement:

The Nxt support desk closed it’s 300th ticket!

That’s 300 -happy- Nxt users helped out by the Support Desk Team.

helpdesk

We’d like to congratulate the team behind this service, and thank them for the awesome job they are doing for the community.

More information: https://nxt.org/support/index.php

https://nxt.org/support/kb/index.php

(Back to the Index)

 

  • DeBuNe – Last assets for sale at a discount

Roberto Capodieci, DeBuNe‘s CEO, has announced that he has just offered the last 10,000 DeBuNe assets for sale at a discount on Nxt’s Asset Exchange. As he explains, once nxters have bought all these assets, which will happen soon given the volume of purchases being made, an ICO for the general public will take place. When the ICO is over, it will mean that all the money necessary will have been collected, and DeBuNe will finally be launched.

Roberto says:

With Transaction 16419882809150848464 the last 10k shares of DeBuNe have been put on the AE for 40NXT each, leaving DeBuNe 750k assets.

The ICO will start at a value of NXT45 per asset going up, for a total amount of 250k assets.

I really can’t wait the ICO to be over to launch DeBuNe :)

debune final

Source and more information: https://nxtforum.org/debune/last-assets-in-ae-from-asset-issuer!

https://nxtforum.org/debune/debune-ico-at-the-horizon

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_6_nov_2016

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

ardr_btc_6_nov_2016(Back to the Index)

 

Nxt news – October 2016 (V): Wake up and smell the coffee

Newsletter-topOctober 2016 (V)

 

Here, we bring you some of the latest news about Nxt over this past week of October.

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

 

DEVELOPMENT

  • New experimental version NRS 1.11.0.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 being able to access your account using QR codes, a specific page in the GUI to visualize the list of forgers, experimental support for running the client wallet as a mobile app, and many more.

Given that this is an experimental or “testing” version, precluding the launch of a stable version, we recommend you to be careful when using this software and trying out the new functionalities, as it may contain some small bugs. Actually, 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 the new mobile wallet, in order to check that it’s working properly.

nxt-iphone

Source and more information: https://nxtforum.org/nrs-releases/nrs-v1-11-0e/msg227001

https://nxtwiki.org/wiki/Mobile_App

(Back to the Index)

 

  • Fork on Testnet

According to Riker, Nxt Core Developer, it has been revealed that some nodes on testnet are on a fork. It’s necessary that the owners of these nodes fix and revert this situation.

For anyone running a testnet node, please double check that your node is not on a fork.
The official testnet is now at height 963468 block id 2972427188900401101
If you don’t see this block id your blockchain you are on a fork.

The Nxt Testnet is a copy of the Nxt system where you can try out new things, new functionalities, as well as test the proper execution of your programs before releasing them on mainnet. Testnet is the perfect place to carry out your software experiments without having to risk breaking up anything or losing any money in the attempt.

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

If you are developer or are interested in joining Nxt’s Testnet, you have to make somechanges in the configuration and ask for some testNXT tokens that can be used in this chain:

1) Change nxt.isTestnet=true in your conf/nxt.properties
2) Start up the client, open the web interface under http://localhost:6876 and get a new test address
3) Request some testNXT from abctc: https://nxtforum.org/testnet/some-testnxt-to-test-asset-exchange
4) Find bugs and try to break the testnet via the web interfaces or peer interfaces:
– port 6874 for peer interface
– port 6876 for API and web interface (Suggested reading: https://bitbucket.org/JeanLucPicard/nxt/src/master/DEVELOPERS-GUIDE.md)

Additionally, we would like to encourage anyone who may help to run a Testnet node. This way, you’ll be helping testing future features for Nxt.

 

Source and more information: https://nxtforum.org/general-discussion/testnet-nodes-on-fork

https://nxtwiki.org/wiki/Testnet

https://nxtforum.org/testnet

(Back to the Index)

 

  • Send and receive NXT using your smartphone

Freewallet is a company that creates non-official mobile wallet apps so that you can make different transactions with cryptocoins using your mobile phone, without needing to install the official software and without having to download the full blockchain. Nxt has been the latest addition to this series of wallets but, at the moment, it’s still in beta.

To use this software, you just have to download the app through the Google Play Store (it’s likely to be included sooner rather than later on Itunes) and sign in using our email account (or other sign in options available). And… it’s done! Once your registration is completed, you are assigned a brand new Nxt address that you’ll be able to use.

The visual aspect of the app is really nice, and its usage is very simple. At the moment however, you can only use it to send and receive NXT.

movil2

We must remind you that when installing a third-party app on our mobile phone, besides accepting theTerms and conditions of use and the Privacy Policy of the app creator, you’ll have to trust them as the apps aren’t open source. You also have to bear in mind that you’ll always rely on Freewallet to have access to your account, because you won’t own the passphrase for your Nxt account. This means that you won’t be able to use that Nxt account in the official NRS client.

Besides this, mobile phones are generally more likely than other devices to be infected with viruses and spyware software, due to the many applications that we tend to install in our smartphones, or joining unknown public wifi networks, thefts, third-party usage, etc. This is why our personal recommendation is that if you plan to use this handy app, you just use it for small transactions and you don’t turn this account into your main Nxt account where you keep all your NXT.

Source and more information: https://freewallet.org

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NXT IN THE MEDIA

  • Unlogica.com – What is a Blockchain?

This article introduces the concept of blockchain and the advantages that this decentralized software provides because, due to its decentralized nature, it allows the protection of independent communities from societal corruption.

Bitcoin was the pioneer of this technology but, due to the demand of services that this technology allows, it has motivated a lot of people to further develop the ecosystem. For example, the Nxt blockchain has paved the way for Blockchain 2.0 platforms, which include more features for the users.

Lee ends the article talking about Ardor, which has an expected launch in the third quarter of 2017. This new Ardor platform will let users create their own on-demand blockchains, all of them supported by Ardor’s forging power.

Source: http://www.unlogica.com/what-is-a-blockchain/

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  • KCN News – Microsoft Azure adds Nxt

Koles Coin News, a YouTube news channel that specializes on cryptocoins, has also echoed the Nxt integration on Azure. This will allow the easy and fast one-click deployment of Nxt nodes on this platform.

[vsw id=”MnR-IPPDO8o” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

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

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  • Rocket News – Blockchain as a Service

This article written by MO for RocketNews goes over the differences and similarities between Software-as-a-Service (SaaS) and Blockchain-as-a-Service (BaaS).

One of the first services to bet on the growth of BaaS is Microsoft Azure, which has recently integrated Nxt in its systems, which allows for an easy deployment of Nxt nodes in this popular platform. The article also mentions ARDOR, the future BaaS based on Nxt, which will enable businesses and organizations to utilize feature-rich blockchain technology for their project needs, including on-demand blockchains.

software-557616_1280-424x300

Source: http://www.rocketnews.com/2016/10/blockchain-service-baas

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  • INFOtainment News – The Power of a Raspberry Pi

This article by Sheldon Armstrong for INFOtainment News goes over some of the endless possibilities that a Raspberry Pi gives us: Personal computer, learning and software coding, robot applications, media center, retro game console, interconnecting and controlling a wide variety of sensors and devices, and much more.

The author remarks that besides these possibilities, it’s also possible to use a Raspberry Pi to build your own Nxt node since Nxt is a PoS platform, it doesn’t require high-end and expensive computing equipment to generate new blocks in the blockchain, something unthinkable in the traditional PoW coins like Bitcoin, which requires a high initial investment to purchase the “mining” equipment, plus a considerable amount of energy throughout its operation.

raspberry-pi-950490_640

Building an operative Nxt node from scratch using a Raspberry Pi costs less than $50, and, with its low energy consumption (less than 5W/h), you can have it online in your house 24/7 with no problem.

Source: http://infotainmentnews.net/2016/10/29/power-raspberry-pi

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  • NXT Folks – The Value of a Blockchain

In this interesting article published at NXT Folks, TheWireMaster goes over a series of reflections about how the price of cryptocoins evolves are determined. The article talks about how pure speculators move the price up and down with no other interest other than to make some profit off of their trading, but with no interest in the technology behind those blockchains. In the meantime, a bunch of believers give their efforts, knowledge, time, and even money, so that those projects continue on.

The author also explains how the blockchain technology is going to change the world, and how Ardor is going to play an important role in this process.

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Source: https://nxtfolks.com/2016/10/24/value-of-blockchain-platforms

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NXT COMMUNITY

  • MyNXT.info is 100% ready to use

MyNXT.info developers are to be thanked. The well-known website is back again after correcting some issues that some users were having when trying to log-in on the site.

Tosch110, developer of MyNXT says:

The mynxt.info bug is solved now. Thank you for providing information on how to get around it.

You can use mynxt.info now as usual. Thanks for the patience.

If, after all, you want to take complete control of your NXT holdings in this online wallet, you can have a look at the following article: How to get your Passphrase from MyNxt.info wallet

Source:https://nxtforum.org/general-discussion/my-little-workaround-went-‘viral’/msg225820/

http://www.adesblog.com/

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  • Ardorrate.com – Detailed information about the price of ARDOR

Ardorrate is a real-time price analyzer that focuses on ARDOR, created by Jay, user at Nxtchat on Slack.

The website gives us information about:

– Real-time rate for the Ardor (ARDR) in Euro (EUR) Dollar (USD) and Bitcoin (BTC), updated every 5 seconds.
– Price trend of the past hours, days, weeks & all-time
– Desktop notifications with support for Chrome, Safari and Firefox
– Night mode

How is exchange rate at Ardorrate.com determined?

The current rate of Ardor is based on supply and demand at exchanges. The rate on Ardorrate.com shows you the last buy or sell transaction at Bittrex..

ardorrate

Source: http://www.ardorrate.com

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  • CoinShuffle – Infographic about ARDOR

The CoinShuffle feature chosen by BMO Graphics and the Nxt Foundation begins with this series of infographics about Ardor. We must remember that IGNIS, Ardor’s first child chain, will have most of the features that Nxt has now. However, these features can be included on any child chains created on Ardor.

For more information, you can also check some previous infographics about Nxt:

  1. Coin Shuffling
  2. Aliases

Source: https://nxtforum.org/general-discussion/price-speculation/msg225899/#msg225899

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  • NSC payout to hallmarked Nxt nodes

Last saturday, the “Nxt Security Coin” (aka NSC) was given away among the users who run Nxt hallmarked nodes, in order to support them.

Once you have received the coins through the Monetary System you can choose to keep them, transfer them or, if you want to, sell them, as you can do with any MS coin. External users who want to support this initiative can also buy NSC so that forgers can convert their NSC to NXT and receive some money.

GLEFU_NSC

Fore more information about all the campaigns that are currently running to enhance forging, you can have a look here

nxt-2.0

Source: https://nxtforum.org/index.php?topic=9828.msg226953#msg226953

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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_2016_10_30

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

ardr_btc_2016_10_30(Back to the Index)