Nxt News – June 2017 (IV): They Didn’t Know It Was Impossible So They Did It

June 2017 (IV)

 

Welcome again, fellow Nxters!

Whatever your interest and whoever you are, you are in the right place for your comprehensive analysis of all things Nxt. Last week was eventful, with many interesting and exciting opportunities presenting themselves:

NXT COMMUNITY

NXT AE

DEVELOPMENT

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by apenzl, jagd, rubenbc and Jose.


NXT COMMUNITY

We need your assistance Nxters! One of the best aspects of the Nxt community is our amazingly dedicated members. Wonderful members have been working on the creation of a suitable logo for IGNIS, the first child chain to be issued on the Ardor Platform. Our unstoppable Ardor forging platform needs a suitably awesome and iconic logo for the first child chain.

With that in mind, we have a new incentive, a bounty if you will. Excerpts of the framework are as follows:

Marenkar:

A couple of notes (…) after speaking with some others:

1) We would need the logo icon to be able to work when squared, as in being put in a frame with four equal sides. Sorry for not stating this earlier.

2) The word “IGNIS” is not required to be part of the logo, but it can be there.

Bounty

The designer of the selected entry will receive for their efforts 3000 NXT, which is about 500 USD with current exchange rates.

Source: https://nxtforum.org/general-discussion/ignis-logo-lets-create-one-together!/

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  • The Nxt Giveaways Continue

Easier hunt this week, 30 redeemable beer assets hanging on the blockchain to celebrate life, summer and the raising awareness of Nxt and Ardor, released for you at block height 1364704.

Not planning a visit to Copenhagen? You can transfer the asset to a friend instead.

INT. KATE’S JOINT, COPENHAGEN N – EVENING

First NxtBeer claimed, redeemed for an ecological pilsner from Ørbæk Brewery.

A new Easter egg hunt starts this week, and of course, takes place on the Nxt blockchain. Actually, can any other blockchain offer its users the ability to set up a treasure hunt via its Client GUI? To get access to the Eastereggs Nxt account and to learn about the hunts, read backIs there a nicer way to learn about Nxt and Ardor child chains?

Nxters, please help spread the word, plus follow https://twitter.com/OPeasterEggs.

Now get to work, Travin! 🙂

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  • NXT and Ardor Available in Payza Exchange

The Payza Exchange continues to grow the list of altcoins accepted as deposit options on the exchange, and this includes Nxt and Ardor. Cryptocurrencies continue to grow and gain mainstream acceptance. This is significant for us because it means that it will be very easy for Payza and other exchanges to add any asset of Monetary System that is issued on the Nxt or Ardor blockchain.

Members in most countries can now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza.

Recently, Payza announced full Bitcoin support. Now, Payza has added altcoins as a deposit option, letting verified members sell the most popular Bitcoin alternatives. Over 50 different altcoins can now be exchanged with Payza, the full list can be found by accessing the altcoin deposit option within your Payza Account.”

“In the future, Payza members will also be able to buy altcoins, similar to how they can currently buy Bitcoin from Payza.

Source: https://blog.payza.com/payza-updates/announcements/exchange-ethereum-ripple-litecoin-more-sell-altcoins-payza/

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NXT AE

  • Janus – Summary & TradeMimic

Bjorn, the marketing director of Janus, has announced that he will now put forth 100% of his energy into Janus’ business work and to kick off TradeMimic.com.

Hello everyone, recently our team had a meeting (which we do almost weekly). This one however, focused on the priority of work and business direction.

The past 5-6 weeks I’ve been working on a side project for both the Janus and Ethereum classic community. I believe that it’s very helpful for our future growth and opens many doors and new opportunities for JNS investment.

The one drawback in our timeline is there is simply too much work with regards to upcoming business for me to finish, package, launch, and market the project I’ve been consumed with the past weeks. We identified the overwhelming need to focus much harder on our business work instead.
So from this point, the work I’ve been doing which expanded our blockchain presence, will be put on hold until 4 things that take priority over it are completed. This will actually benefit the side project and overall health of potential success in business and meeting timelines in a much better fashion.

So at this point we have basically

1. Wrap up etcbets.com little issues.
2. Upgrade BetterBets to new framework and games.
3. Finish content scraper site while testing potentially 1-2 new developers. (This is a side business that may or may not feed back to Janus tokens depending on their success rate)
4. Focus entirely on the creation, marketing, and launch of trademimic.com

Work and Janus team focus will be in that order, holding company creation should fall somewhere between action items #3-#4

Thank you for understanding, in my ambition sometimes I can become nearsighted to business need. And it was my team who reminded me of value focus before anything else. So big thank you to @ascendus @lobos and @almo3ree23

That, Nxters, in my humble opinion, is will, insight and showing respect towards one’s ecosystem at its highest.

Dividend incoming

In case you hold JNS on exchanges, remember to have your Janus tokens in your Nxt wallet or on Stock.exchange by July 1st to receive Janus profit sharing.

Sporting Janus 

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

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

 

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  • Claim your Adelphoi Tokens!

Adel, the forward moving blockchain incubator recently ICO’ed their Adelphoi (ADL) token and raised more than a million Euro. The Nxt based ADL token gives voting rights to individuals (members) that hold more than 2BTC equivalent (1BTC for initial investors).

ADL is trading on the free and decentralized global Asset Exhange as well as on Stocks.exchange, and the Adel team and community is currently working on getting ADL listed on more exchanges. The distribution to initial investors is ongoing.

Claim now

gdusil:

Over 200 Stakeholders still need to get their ADL coins. Reminders have been sent to confirm + validate your account if you haven’t done so already. Here is the guide, in case you missed it: http://dusil.com/2017/06/11/adel-community-nxt-address-token-generation/

Members only livecalls

We have over 25 project submission ideas and voting members are now being offered monthly live calls (to dial-in by audio or video) to give you updates on Adel, and hosted by top minds in business, blockchain and crypto. The goal is to establish a process for new idea submissions and to educate you on best practices for business planning, promotion and incubation.

Our first members only meeting is scheduled for July 3, 2017 at 20:00 CEST (UTC +2).

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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  • NXT Asset Silvercoin – ICO Begins

Silvercoin’s ICO went live on June 21 and runs until July 19. No bonus for early birds to miss as the price of Silvercoins (SVC) is fixed at a 0.00003 BTC equivalent per coin during the crowdsale. Purchases can be made with NXT, BTC, credit cards, bank transfers etc.  

Silvercoin’s creators proclaim in their whitepaper that the asset will “Solve the main problem facing independent website owners while solving the main problem facing the planet at the same time.”

Don’t take our word for it, here is an excerpt:

Those problems are named as Lack Of Website Monetization and Centralized Information.  

The solution is SilverCoin, the universal web monetization and community engagement platform that rewards you for sharing information and enabling others to do the same.  

It’s based on the Proof-of-Change (POC) protocol, where the more information you share and the more people you reach… the more you earn, and the more you change the world. With the result being an exponentially growing global peer-to-peer decentralized web information network.        

This Proof-of-Change crypto-affiliate protocol is incentivized by a blockchain-secured deflationary  rewards structure, which offers a truly equal opportunity to all people.

Another blockquote explains how the team will utilize Nxt/Ardor:

SilverCoin will initially be built using a modular integrative design that utilizes the best technologies currently available.

The three major technologies to be integrated into SilverCoin’s POC protocol (NXT, PAP, SMS) are all real world tested, arguably the best in their field and all are built around API’s and Plugins and are specifically designed for integration.

NXT was selected as the core blockchain tech for SilverCoin because in addition to the secure blockchain it provides many others features required by SilverCoin, including a decentralized asset exchange, marketplace, voting and cloud storage.

By using NXT/Ardor, our blockchain is maintained, secured and upgraded by some of the most-qualified blockchain devs on the planet, the NXT team.

Post Affiliate Pro (PAP) is the top affiliate tracking software available today. It contains multiple levels of tracking such as Browser cookies, HTML5 cookies, Flash cookies and IP address tracking. It provides lifetime and multi-level commissions, as well as multilingual support, banner ads, a secure dashboard, encrypted commission tracking and detailed reporting. It’s also a one-time cost for a lifetime license with continual updates and it comes with full dev. support, pay as you go and is designed for platform integration.

SMS verification provides an effective and low cost method to authenticate users at signup by having them verify that they are a real person, which is an essential internet-independent component in negating sign-up fraud. 

But what gives Silvercoin its value, one could ask? At first glance, it appears as if their method is building a viral marketing network around their asset and having a paid “SilverPlan”.

From the whitepaper:

[A] major aspect of SilverPlan is the Marketplace where you will be able to exchange your silvercoins for products and services. The 2 products planned to roll out first will be silver bullion coins and affordable website design packages.

SilverPlan will also include advanced video series on marketing, trading and wellness. In addition, it will act as a bridge connecting the Internet to Maidsafe’s Safenet. SilverPlan will require it’s own whitepaper before development begins.

So, it seems they want SVC to become a coin with real value inside the ecosystem they build. Maybe the way to obtain changes in this world really is by giving people the tools, as humans, no matter who they are, to become damn cool marketers and work together as a decentralized force in a fight for spreading truthful non-governmental approved information throughout the world. Incentivized by SVC coin bounties, and a building urge to learn more, do more, grow, help others grow, become the breathing outreaching starfish to be named: Proof. Of. Change.

The setup seems unorthodox, to say the least. Unfortunately, we have not yet had a chance to interview the creators behind the project and coin offering. Anticipate us doing so very soon!

SVC can be bought on the Nxt Asset Exchange with NXT and from c-cex.com with BTC, at your own risk.

Source and more information:

https://silvercoin.io/

https://www.nxter.org/ae

https://c-cex.com/?p=svc-btc

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DEVELOPMENT

  • Smart Phasing with Ardor

Nxt “Phasing” is the ability to split a Nxt transaction up into 2 phases (broadcasting it > executing it) and to set multiple conditions (up to 10) before the transaction is executed.

Riker announces that Phasing will be even smarter on Ardor:

To support more advanced phasing logic, we now added to Ardor the ability to create “Composite” voting models.

A composite model defines the voting models building blocks and the logic to bind them into an “Approve” or “Reject” decision.

The composite model supports the AND (&), OR (|) and NOT (!) logical operators and defines an expression which applies these operators on a combination of simple voting models.

Examples:
Using a NOT operator, allows you to setup a “dead man switch” so that funds are transferred to another account only in case an account did not approve this transaction until a certain height i.e. the account owner is assumed dead.

Using a NOT and AND operators, you can define that a transaction is approved at certain height only if none of the accounts in the whitelist has voted against it.

You can also define more complex conditions like approve a transaction only in case an account from a whitelist (i.e. a regulator, manager, judge etc) has approved it OR an account holding a certain number of tokens approved it i.e a user a stake holder etc.

The feature is not yet on testnet. Credits goes to petko for developing the server side logic.

Source: https://nxtforum.org/general-discussion/introduction-to-smart-phasing/msg233226/?topicseen#msg233226

Links:

https://nxter.org/tutorials
https://www.linkedin.com/pulse/why-nxt-great-1-phasing-bas-wisselink

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  • Weekly Reminder

This new section is dedicated to the technical side of our platform.

We are often asked questions about Nxt, Ardor, IGNIS, and blockchains that have been previously answered. So, just in case you have forgotten, or in case you are brand new to this scene and want to easily and efficiently learn to become a Nxter – a very sacred community – we present to you the inaugural section of the Weekly Reminder. 

About BTC and fiat on the Ardor Platform

From Riker, a platform core dev for both Nxt and Ardor:

We are working on an Ardor child chain pegged to BTC where the peg is ensured by a 3rd party business such as crypto exchange. You’ll be able to convert “real” BTC to child chain BTC at 1:1 ratio and then exchange these BTC using the on blockchain coin exchange to Ardor or Ignis or you’ll be able to trade existing assets directly against these child chain BTC so that asset price is denominated in BTC.

Similarly we are planning an EUR pegged chain and perhaps also a USD one.

 

Last week’s newsletter had vital information about our genesis and ICO. Like tokens on our platform, news travel very fast and it is easy to forget what the important basics that make up the foundation of our platform and our success are.

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PRICE EVOLUTION

  • TradingView – NXT Cup and Handle Pattern (Possibly Down)

Jun 18 when i was re create my chart of nxt change it to per day. i found that NXT it's look like a handle and cup pattern. so i try to figure it out what price it should be the benchmark. from my perspective i would take 0.0000585 and 0.00004322 Feel free to comment ! Note : STR 1.17% Give away will be held at 27 june this month. it will surely effect to the market. Jun 19 Comment: Resistance at 7k Jun 19 Trade active: Resistance broke. Trading active Fasten your sit belt see you on the moon ! TP at 0.000011xx
Jun 18 when i was re create my chart of nxt change it to per day. i found that NXT it’s look like a handle and cup pattern. so i try to figure it out what price it should be the benchmark. from my perspective i would take 0.0000585 and 0.00004322 Feel free to comment ! Note : STR 1.17% Give away will be held at 27 june this month. it will surely effect to the market. Jun 19 Comment: Resistance at 7k Jun 19 Trade active: Resistance broke. Trading active Fasten your sit belt see you on the moon ! TP at 0.000011xx

Source: https://www.tradingview.com/chart/NXTBTC/wz2XX9eE-NXT-Cup-and-Handle-pattern-possibly-down/

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  • TradingView – NXTBTC Buy Set Up

Source: https://www.tradingview.com/chart/NXTBTC/ebMddT2R-NXTBTC-Buy-Set-Up/

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  • Trading View – ARD we Missed the Plane but

Jun 19 ARD we Missed the Plane but We Have 2 Trades Short Trade Buy Limit @ 0.00009339 Target=0.00011344 Gain 20 % Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 % We recommend Capital Management We ask Allaah to reconcile and repay Jun 20 Trade active: We ask Allaah to reconcile and repay Jun 20 Comment: Move Short Target to 0.00011144 Jun 20 Comment: active and gain profit Direct alhmdllah Jun 21 Trade closed manually: Close short Trade @0.00010720 Gain 15 % alhmd llah Jun 21 Comment: Sec Buy Still Limit Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 %
Jun 19 ARD we Missed the Plane but We Have 2 Trades Short Trade Buy Limit @ 0.00009339 Target=0.00011344 Gain 20 % Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 % We recommend Capital Management We ask Allaah to reconcile and repay Jun 20 Trade active: We ask Allaah to reconcile and repay Jun 20 Comment: Move Short Target to 0.00011144 Jun 20 Comment: active and gain profit Direct alhmdllah Jun 21 Trade closed manually: Close short Trade @0.00010720 Gain 15 % alhmd llah Jun 21 Comment: Sec Buy Still Limit Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 %

Source: https://www.tradingview.com/chart/ARDRBTC/HWBxoODN-ARD-we-Missed-the-Plane-but/

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  • Weekly NXT/ARDR Price Evolution

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

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

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And that is it for this week!

Stay tuned next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space. Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters!

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

June 2017 (III)

 

Welcome again, fellow Nxters!

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

  • SNAPSHOT – The Genesis

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

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

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

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

More information

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

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

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

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  • The Nxt Giveaways continue

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

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

Was this first tweet enough?

Or was this one needed to give the final clue?

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

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

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

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

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

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  • Stocks.Exchange – Trading Platform Overview

More information

Stocks.Exchange explained by the Nxter.org community.

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  • Nxtwiki: Account Protection and ERC20 Out of the Box

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

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

Optimal Nxt Account Protection

Option 1 – submit an outgoing transaction from the new account

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

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

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

Source and more information

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

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

 

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

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

NXT support for ERC20 tokens

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

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

Source and more information 

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

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NXT AE

  • Janus – Summary & TradeMimic

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

Price correlation to the rising price of NXT:

 

 

BetterBets.io

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

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

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

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

ETCBets.com

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

Business in the pipeline

This is it!

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

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

 

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

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

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  • Adelphoi Token at Exchanges

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

Dusil writes:

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

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

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

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

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

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

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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DEVELOPMENT

 

  • ARDR, Ardor, IGNIS and the Snapshot Block

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

mrv777 sums the roadmap up like this:

Current plan from Jean-Luc:

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

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

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

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

ARDR

ARDR tokens have been distributed already!

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

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

 

Lead developer Jean-Luc recently added:

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

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

IGNIS 

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

TL;DR:

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

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

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

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

 

 

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  • Europe’s Largest Blockchain Startup Competition

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

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

Nxt Foundation member Travin Keith says:

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

Check the participation criteria here.

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

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NXT IN THE MEDIA

  • Steemit – NXT and ARDOR are going through the Roof

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

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  • Janus Token Registers Phenomenal Growth 

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

(Back to the Index)

 

PRICE EVOLUTION

  • TradingView – ARDOR breakout coming?

 

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

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  • Trading View – NXT Short Corrections

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

Nxt News – June 2017 (II): Vision Without Execution is Just Hallucination

June 2017 (II)

 

Welcome back, fellow Nxters!
Here’s the latest news about Nxt and Ardor over the second week of June:

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Below are more details about each topic.

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

NXT


NXT COMMUNITY

Wolffang, a Nxt community member, announced the opportunity for community members to create a logo for IGNIS and called creative souls in nxtforum.org to action:

Please let your creativity flow and give input or upload cool designs.

Maybe this can be useful information to start with:

IGNIS meaning:
fire| brightness; passion| glow of passion

One important thing to notice is that Jelurida and the Nxt Foundation have the final say.

We have 2 weeks before this “contest” closes! So let us say we’ll have until the 20th of June.

IGNIS will be the first child chain on the Ardor blockchain platform. It will be a chain that will have all the well-known features (built-in smart transactions like shuffling, voting, messaging, data cloud, asset exchange, monetary system, aliases, digital goods store, multi-phased transactions, etc) of the Nxt blockchain platform. Assets issued on IGNIS will be tradeable across all new child chains as well, with the trading fee in the child chain the user is in. Another upside to holding a stake in this chain has recently been announced by Jelurida, with their proposal of the “JPL license“.

All IGNIS will be created in the Ardor Genesis Block, and 50% of them (5.000.000.000) IGNIS will be given to holders of NXT on a 1:0,5 basis, with the other half of IGNIS sold by Jelurida in an ICO, to enable them to do future development and pay bounties.

You can upload your IGNIS logo proposal or comment on the ones already posted at:

https://nxtforum.org/general-discussion/ignis-logo-lets-create-one-together!

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  • Nxt Foundation Will Be At Money2020 Expo 

On June 2017, Copenhagen will once again take center stage as companies and individuals disrupting how consumers and businesses manage, spend, and borrow money come together for this event. Hyperledger will have a large 10’ x 20’ booth space, staffed by IntellectEU, the Nxt Foundation, and Norbloc.

Travin Keith will be going for Nxt Foundation. Go get’em, Travin!!! 🙂

If any of you readers want to attend the biggest blockchain event in Europe and help him out but you don’t have a ticket yet, do use the promo code HYPER200 for a 200 EUR discount off Money20/20 registration.

Source: https://www.hyperledger.org/event/money-2020-europe

Nxt Foundation: https://www.nxtfoundation.io

Money 20/20 Copenhagen Website: https://www.money2020europe.com/

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  • NXT BustaBit Gaming is Coming…

Here an update from Bjorn and the Janus team:

bjorn_bb [6:54 PM]

Just a quick developer update

1. Final ETCbets.com additions and fixes

2. Conversion of BetterBets.io to the new code (NXT will have Parabolic (Bustabit) game!!)

3. Hiring developers, and starting them on the work and businesses coming the next 6 months.

4. Much more TBA
This is over the next month

90% of NXT profits from BetterBets.io are shared among all Janus token holders.

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  • Stocks.Exchange

Stocks.exchange is a new startup which is a centralized exchange that had a soft launch a few months ago with BTC <> NXT / ARDR / JNS / ETH / ADL pairs, as well as NXT < > Nxt assets: JNS / LNK / STEX.

Launched by Vadym Kurylovych (@vk in nxtxhat.slack.com) with the vision of building a “worldwide stock exchange market where anybody from anywhere can invest in any business worldwide using cryptocurrencies (BTC, ETH, NXT, others) or fiat money” as well as a place where “businesses can issue their stocks (assets, tokens) on major established crypto platforms (NXT, ARDOR, ETH, etc), sell them, do business, and pay dividends to each stock holder in one click”.

Stocks.exchange is currently in development but the exchange is working and said to be is safe and secure to use already. It also pays out dividends from asset issuers to asset holders without the holders having to withdraw to a Nxt account of their own. So, we can infer that “in development” means that Vadym Kurylovych aims for stocks.exchange to become something much larger than just an exchange.

Stocks.exchange has issued its own asset as well, STEX (asset ID 4110498475301476439).

Stocks.Exchange could become that supplement to the Nxt Asset Exchange that will push it back into the ICO game and open the eyes of investors and new entrepreneurs to its advantages over successors such as Ethereum. The Nxt ecosystem hasn’t had a good dedicated BTC < > Nxt AE online exchange since the SAE (Secure Asset Exchange), a popular front-end for the Nxt Asset Exchange, which drove high volume to the AE with its seamless Shapeshift integration.

The current ICO hype isn’t the first in crypto, but the second. We see a broader crowd of investors now than the Nxt AE experienced in the first wave and the Nxt AE has only been improved with more stable features since its launch in 2014. The community marketing budget though has been small to non-existent, and something new is needed to help people see through the mist.

Technology and security-focused startups currently choose Nxt and Ardor, with its scalability and asset trading across all child chains in their own token, as well as startup-friendly exchanges, like stocks.exchange, which see the necessity of allowing asset issuers to pay dividends and may draw attention back to the AE. Nxter.org will, of course, follow (and push) the development with interest, and we welcome to the ecosystem, Vadym! 🙂

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  • Easter Eggs Are Eaten

Last week we told you about NxtBridge OFFLINE, an easy way to create cold storage accounts and sign any Nxt transaction OFFLINE. In the end of the section we wrote:

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

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

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

A new transaction has been sent to the alias EasterEggs. Here’s a clue: Twitter handle @OPeasterEggs.

NxtBridge OFFLINE video tutorials are available at https://www.nxter.org/nxtbridge-offline.

You can use the NxtBridge plugins on any WordPress site to get a Nxt TIP Button, show account ledger, broadcast transactions to the Nxt Blockchain, and show live Nxt AE information, like https://nxter.org/assethub.

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  • Nxter Newsletter will Continue in its Current Form

I issued a poll about this very newsletter last week.

Nxter Newsletter Poll (ID 15893442631575921861).
No minimum balance was required to vote. 1 vote per account.

The result:

  1. We have more readers than voters.
  2. Voters want more of what we give them already.

Thanks to all participants!

If you’d like to help Nxt, Ardor and the Nxter team by writing about Nxt, Ardor, use cases, the AE market, your price analysis, or share other ideas, as well as help us code and spread the word on social media, please let us know. DM apenzl on nxtforum.org, in nxtchat.slack.com, or write us using this contact form.

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  • Get Out There and Shout

Here’s an important reminder, posted in Slack by Snooke, the author of steemit posts like “Why You Should Invest In Ardor And NXT Before It’s Too Late“, and “How I Doubled My Investment in 4 months and now have a Passive Income (…)“.

Snooke states:

I see so many people complaining or asking why NXT and ARDOR don’t reach those highs other cryptos reach. Well, I can tell you: Marketcap mostly has nothing to do with the tech alone. It’s about people knowing and recognizing a project.

You have to get out there! All of you! No matter how small or big in the social world you are. Do something for your investment! Spread the word and people will come. NXT/ARDR has an INCREDIBLE tech and AMAZING platform. I love it since 2013 and tried many more. But still come back to NXT. And when Ardor comes out, I will for sure use it for one of my businesses. (…)

You want NXT/ARDR to reach marketcaps like NEM, Stratis and co? Well, then do your community work and get the word out! Every single one of you! You have Twitter? You have Facebook? You have friends? You have Youtube? Do your part! (…)

Read the full article here:  https://nxtchat.slack.com/files/snoooke/F5N6VD93L/You_want_NXT_ARDR_price_to_rise__Then_read_this_

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NXT AE

  • Janus – Alphonso Morris Jr. Q & A

Three weeks ago, we welcomed Mr. Alphonso Morris Jr. to the Janus Team. The Q & A session with Janus’ new power tool and brand manager on Slack has now been killed by the 10K message limit. For those who couldn’t attend the event, missed it, or want to read it again, we have published this version:

https://nxter.org/alphonso-morris-joins-janus-project-team/

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  • Community Janus XT Token Share Program

In April, the Janus Team introduced the JanusXT token for holders of over 2 million Janus tokens. Those possessing JanusXT are eligible for special privileges and additional dividend payouts from other income streams. The profit distribution from ETCBets.com factors in both JNS as well as JanusXT token holders, and 20% of all IGNIS that Janus receives when Ardor is launched will be paid out to XT holders. The token also entitles holders to 40% of BetterBets.io casino income starting on March 2018. As more Janus business sites launch, more revenue from them will be added to the dividend stream.

Non-whales in the Janus community, known as dolphins and tunas, could only dream of getting a piece of this XT pie. However, this ended in the 1st of June, where an emergency plan for dolphins saw the light of day as a community initiative, with the Janus Team’s blessing, was initiated where a new token was issued on the Asset Exchange:

The fund manager, Merk, wrote in the Janus’ Slack:

6 spots remain for the Community Janus XT Share Program. If the 2,000,000 requirement is not reached by Friday June 16th, 2017, any current member already enrolled can purchase additional spots in 100,000 Janus increments to purchase the remaining spots.

The Community Janus XT Token Share program will tie up your Janus tokens until July 2nd, 2018 and they will not be accessible by anyone enrolled UNTIL that date.

Source and more information: #janusproject (Join Nxtchat on Slack)

News compilation about Janus

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  • Adel – Validate Your Nxt Account Now

The Adel community vote has come to an end, and the result is overwhelmingly in favor of moving forward:

Dusil:

Our community has voted and we have a majority “Yes” (by count and by weighted BTCs contributed) to activate the ADEL Ecosystem. Our next big step is to distribute ADL coins to all of you.

Investors: Validate Your Nxt Account

All stakeholders must verify that they have a valid passphrase by generating a token using their Nxt account (https://nxt.org/download/). Once a token is generated in the Nxt account, the stakeholder must copy this token into the appropriate field on the Adel Dashboard. Then, Adel will validate this token and activate the transfer of ADL coins to the stakeholder’s Nxt address.

These steps ensure that:

  1. The stakeholder’s Nxt Address is correct
  2. Their secret passphrase works (because tokens can only be generated with the correct passphrase)
  3. By clicking “Confirm” in the Dashboard the stakeholder confirms they have safely stored their secret passphrase.
  4. They have full access to their Nxt wallet.

Full instructions:
https://adelphoi.io/content/pdf/walkthrough-nxt-validation.pdf

SERVICE ANNOUNCEMENT:

If your Adel ICO account is a new account, you must log in to the Nxt Client using your passphrase and not your account ID to generate the token. A new account is not registered in the blockchain until its public key is announced to the network by an outgoing transaction which is executed from the account OR when another Nxt account announces the account’s public key to the network.

It is always advised to send a transaction from the account or announce the public key to increase security. If you don’t have NXT, you can buy it from the following exchanges: https://nxter.org/exchanges/

Once you receive your ADLs, you will be able to trade them on the NXT Asset Exchange.

 

 

You can buy / sell ADL for BTC on https://stocks.exchange/trade/ADL/BTC

By accumulating over 62,962 ADLs, equivalent to about 2 BTC, you will be able to upgrade your wallet to gain “membership status”. As a voting member, you can participate in the direction of Adel while also getting employment opportunities. If you have questions, you can join the Adel public slack channel (https://adelchatinvite.herokuapp.com/). Also, Adel will try their best to quickly respond to email inquiries sent to adel@adelphoi.io

More information: www.adelphoi.io

Twitter    LinkedIn    Facebook     Reddit

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DEVELOPMENT

  • Nxt Voting System – Theoretical Use Case

Learn more about the Nxt Voting Feature with this theoretical use case of an election in the small town of Serenity:

The production of the video has been sponsored and coordinated by the Nxt Foundation.

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  • Jelurida Speeds Up the Blockchain

Last week Nxter Magazine reported that Jelurida has reached 100 TPS (Transactions Per Second) with Nxt. This week, IBS Intelligence covered this achievement and wrote:

Jelurida has announced the results of a blockchain workshop ran on 15th May. It claims a dramatic difference in Nxt software performance compared to its competitors, in this case, processing more than ten times the number of transactions that could be currently handled by Bitcoin in the same time frame.

The test workshop, which used a modified version of a Nxt 1.11.5 private blockchain instance, saw three million transactions submitted to the blockchain by a load testing tool, while the nodes behaviour and performance were carefully inspected and profiled.

Jelurida plans to run further tests to ensure that all users can benefit from these optimisations on the public blockchain in addition to private versions.

Source: https://ibsintelligence.com/ibs-journal/jelurida-shows-off-nxt-platform/

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NXT IN THE MEDIA

  • Nxt Explained by KRUT

KRUT a Russian blogger has created a playlist of short and exact videos on YouTube where he explains Nxt, the project and the blockchain features, the Nxt Client, and how to buy NXT.

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  • Tommy World Power: My Top 10

“A list of the top 10 cryptocurrencies I have my eye on.” Ardor is mentioned around 18:38.

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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 – June 2017 (I): Intellectuals Solve Problems, Geniuses Avoid Them

June 2017 (I)

 

Welcome Nxters!
Here’s the latest news about Nxt and Ardor over this first wonderful week of June:

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Below are more details about each topic.

This week’s newsletter is put together by apenzl, RubenBC, jose, and is proof-read by marenkar.

NXT


NXT COMMUNITY

  • Jelurida – Blockchain Expo in Estrel, Berlin

Jelurida was presented by Kristina and Tomi at Blockchain Expo Europe, which was held in Estrel, Berlin, from June 1-2. The event was focused on learning about blockchain and building partnerships in this emerging space as well as explore the industries that are set to be disrupted the most by this new technology. These include the legal sector, financial services, healthcare, insurance, energy, music, government, real estate, and numerous others.

kristina [7:22 AM]:
Good morning, everybody! Yes, really great time, a lot of people were visiting our booth and I didn’t have time to make many pictures.

I am really getting used to the interest that Nxt and Ardor generate at these events (although I slightly lost my voice from talking for two days). Once again thanks to all the people who came at the Nxt/Ardor booth at the Blockchain Expo in Berlin!

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

https://blockchain-expo.com/europe

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  • MyNXT.info Is Back 

MyNxt.info, a popular 3rd party Nxt online wallet + awesome blockchain explorer has been under maintenance for the past few months. However,  registrations are open once again today. New users can now enjoy the easy-to-use online wallet, along with plugins like ‘Nxt Assets’, ‘Nxt Monetary’, and even the full Nxt NRS Client without having to download the blockchain.

Mynxt.info was started in 2014 by abuelau. In 2015, it got passed over to SuperNET, which was going to update it with its latest 3rd party Nxt additions, such as InstantDEX, the MultiGateWay, and block explorers for all the SuperNET core coins.

However, the developers never received proper funding. Initial developers Tosch and VanBreuk updated the Nxt wallet and block explorer, but Tosch understandably left to take care of other projects due to the lack of compensation. We can thank the Nxt Foundation for the current fixes as they hired development company BTownWeb and paid the bill, in addition to coordinating some fixes with Lobos from Janus, so you all can use the MyNxt.info services again.

Please consider tipping VanBreuk for his endless hours and support, as well as everything else. Tip hard working Nxters, please. Read on.

More information: https://mynxt.info/blockexplorer/

(Back to the Index)

 

  • Nxt Foundation Welcomes Four New Annual Supporters 

Great, isn’t it? But you, yes YOU, if you haven’t paid support to the Nxt Foundation yet, I think you should take action, like right now. Has Nxt or Ardor been good to you? Do you want it to do better? Remember, the Nxt Genesis and development got funded with 21 Bitcoins back in 2013. Only 21 BTC to BCNext in one of the first blockchain ICOs ever. Unfortunately, he left, and none of those Bitcoins went to marketers, Nxter.org, or the Nxt Foundation.

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

https://www.nxtfoundation.io/supporters

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

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

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  • Capodieci  – Differences Between Smart Contracts and Smart Transactions in The Blockchain Summit, organized by the UNICOM 

Blockchain expert Roberto Capodieci, partner of the Nxt Foundation, CEO of DeBuNe, DigitalBillionsOTDocs, (Open Trade Docs) and founder of TheSoundKey and Go.Notifile.me, will be giving a 45-minute educational presentation of the differences between Smart Transactions like on Nxt and Smart Contracts like on Ethereum.

The Blockchain Summit, organized by the UNICOM will take place on 16th June 2017 Singapore. The Blockchain Conference 2017 will bring together a diverse range of experts who will discuss all the opportunities, challenges and exciting possibilities in innovation and disruption that can be leveraged in Singapore using this technology.

Blockchain is a revolutionary technology that minimizes fraud and maximizes efficiency, security & transparency in supply chains, healthcare, global money systems, financial technologies, democratic elections, auction of public assets, energy trading, electronic record authentication, delivery of Government services, IoT and much, much more. Blockchain technology in the information age represents the critical intersection between the financial rails, social networking, and powerful decentralised networks.

Source and additional information: http://www.unicomlearning.com/2017/Blockchain_Summit_Singapore/

(Back to the Index)

 

  • Capodieci – “Tic Tac Toe”: Playing with the Blockchain Consensus

Does he know what he is talking about? Better believe it!

Meet Capodieci in this Interview  |  Roberto in: FinTech Asia votes on the Nxt Blockchain

In this 2-day course we will design the flow of a Blockchain powered “Tic Tac Toe” game where, regulated by the Blockchain Consensus System, users can play one against the other, one Blockchain transaction at a time. While having fun, you will gain an understanding that Blockchain is more than a “distributed ledger”; you will also learn about the difference between a “Smart Contract” and a “Smart Transaction,” how the Blockchain Consensus works, and what it can be used for. After this course, each participant should have acquired the conceptual notions to design systems that are able to solve any decentralised and distributed process using Blockchain as a parameterised communication channel between parties

Requirements

  • Attendees should have at least a basic understanding of Blockchain technology
  • Optional: have a copy of Nxt installed in your computer (download from: https://nxt.org/download)

Duration: 2 days
Venue: Singapore University of Social Sciences (formerly known as SIM University)

Source: http://www.suss.edu.sg/CET/Documents/Roberto%20Capodieci%20-%20Distributed%20Tic%20Tac%20Toe%20playing%20with%20the%20Blockchain%20consensus.pdf

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  • NXTBridge – Cold Storage and OFFLINE Signing

In the last newsletter, I, apenzl that is, was quoted for announcing some video tutorials.

Are you afraid to lose your funds? So am I. Luckily, Scor2k has developed a small downloadable html client as part of our growing NxtBridge Suite, which makes it easy to create Nxt Cold Storage accounts and also sign any Nxt transaction OFFLINE (broadcast it via NxtBridge or just a public Nxt node). No one but you will ever see the passphrase as it NEVER has to be exposed to the internet.

The NxtBridge Suite of programs is mainly developed by scor2k in partnership with NXTER.ORG, and aims to build a bridge between ordinary internet users/website admins and the Nxt (and soon Ardor) blockchain features. No account or transaction info is stored on central servers, just code providing access and functionality. More announcements will be made when appropriate. For now, here’s how you can download the NxtBridge-OFFLINE html page and use it to create an account and sign any transaction.

More NxtBridge video tutorials are available at https://www.nxter.org/nxtbridge-offline.

You can also use the NxtBridge plugins on any WordPress site to get and show live Nxt AE information, TIP Button, account ledger, and to broadcast OFFLINE signed transactions to the Nxt Blockchain.

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

(Back to the Index)

 

NXT AE

  • New section?

Or should we rather write a separate Market Report?

We used to have a Market Report, before trolls killed the AE market. But, lately asset issuing and AE trading is reviving. So, if you’d like a separate Newsletter for assets, one to go along with the /assethub news, please let us know.

Cast your vote in your Nxt Client:
Voting System > Active Polls > Nxter Newsletter Poll (ID 15893442631575921861).

The poll is open until Saturday, no minimum balance is required to vote. 1 vote per account.

Nxt has lots of hidden treasures on the AE! Some dead assets, sure, but lots of really good stuff out there too, issued under the radar, by entrepreneurs from different countries, but all on the same stable and secure blockchain, Nxt. All of which could use some Nxter love and attention.

We can build it up, people. There’s no need to sit back and wait for Ardor to arrive when the features are already here, in production, on Nxt! Remember, issued assets can be moved to Ardor!

So, if you’d like to help by writing about Nxt, the Nxt AE market, post your price analysis or just share ideas, let me know. Start a personal blog on Nxter.org, or let’s work together on spreading the word in others ways.

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  • Adel – It’s Time To Vote!

The ICO is over. 443,8 BTC (1M 6.474 € current fiat value) has been reached with 590 participants.

Congrats to the team.

Jess Allen, marketing professional for Adel, did a great final effort and wrote in Slack: “THANK YOU COMMUNITY – on Monday we had 300 BTC – 3 days later we ended with 439BTC (unofficial – just what I see online)… thanks for sharing, liking, engaging, contributing… history was written today… thank you for being part of it”.

Gabriel Dusil takes over:

Our minimum target was 900 BTC. But even though we did not reach this minimum, Adel will proceed with a voting module to decide whether members would like to proceed with Adel. We are passionate about our vision, and we have great plans for the ecosystem. We have presented a compelling plan to proceed with Adel in WP#11, and we believe contributors to our ICO are also passionate about our vision. We want to plow forward with Adel, because the seed capital raised is enough to establish momentum to build the second phase of our ecosystem (see our roadmap in WP#10).

There is much more upside in bonuses than in the original plan:

VOTE HERE

The voting window for WP#11 is now live for 1+ BTC members.

Gabriel Dusil writes:

The way we look at it – everyone wins:

  • – Participants Win: The participants get a better return on their ICO contributions, due to a more attractive bonus structure (i.e. there are up to 40% in ADL coin bonuses by agreeing to the plan in WP#11). Participants who get their contributions in ADL will be able to sell their coins on the exchanges.- Community Wins: There will be two more ICO rounds left to expand the community and incubate more projects! So this is just the beginning of a great road ahead. Those participants from ICO Round 1 will receive a special “Community founding member” status in future initiatives.

  • Community Wins: There will be two more ICO rounds left to expand the community and incubate more projects! So this is just the beginning of a great road ahead. Those participants from ICO Round 1 will receive a special “Community founding member” status in future initiatives.- Market Wins: by listing ADL on the exchanges, new members will be able to join the community and contribute to business plans and successful projects. The current plan is to list on CryptoDAO, Stocks.Exchange, Bittrex, and C-

  • Market Wins: by listing ADL on the exchanges, new members will be able to join the community and contribute to business plans and successful projects. The current plan is to list on CryptoDAO, Stocks.Exchange, Bittrex, and C-Cex.

  • Ecosystem Wins: The Adel market cap begins at 6.9m Euros based on our initial fixed rate of .07 Eurs calculated in WP#11 against the balance of the 100m ADL coins released in the future.

  • Adel Wins: Adel establishes a reserve to raise more funds for projects in the exchanges (the funds will stay in escrow till the 2nd phase license is obtained, as with the original plan). This reserve is essentially a Post ICO funding opportunity to raise seed capital for projects, and further serves to strengthen the community’s project portfolio.

 We consider our ICO a major success – especially in terms of the Nxt blockchain – and are happy to be partnering with such a great team in Nxt and Ardor. Adel is the first KYC/AML/CTF compliant ICO in the world, and even though we were not able to include the Americans in the ICO, we still managed to raise over 1m US$. (Two thirds of people looking at our website every day, were Americans). We are also one of the few ICO’s that has *significant* substance to our business model and future vision. Despite some significant roadblocks to our ICO, we have 590 participants from over 70 countries around the world.

I can’t predict the future, but this is crypto, so you never know what could happen to ADL once it’s released on the exchanges.

If you have any questions, you can also join Adel public slack channel (https://adelchatinvite.herokuapp.com/). Also, Adel will try their best to quickly respond to email inquiries sent to adel@adelphoi.io

More information: www.adelphoi.io

Twitter    LinkedIn    Facebook     Reddit

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  • Janus – Monthly Dividend Paid – And Some Give-Aways

On June the 1st, the Janus team paid 313,996.03 NXTs in dividend to Janus asset holders. They have recently started some giveaway campaigns in order to gain attention to their platform, such as with Stocks.exchange, which announced that they are running a promotional campaign for Janus.

In this following video, Ken from CryptoWarriors gives a short introduction to Janus and janustoken (JNS), the dividend-paying Nxt asset. 1950 JNS will be given away in his contest, where participants try to guess the $ value of a Bitcoin on the forthcoming Friday. Closest 4 participants will be given JNS.

Source and more information: #janusproject (Link to join Nxtchat on Slack)

News compilation about Janus

ae-Janus-4348103880042995903

A press release, about Janus’ past, present and promising future, has been sent out this week to medium to large media outlets around the world, which should reflect in more media coverage about the Janus asset and the Janus Project soon.

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DEVELOPMENT

  • Nxt Blockchain – Full Changelog

changelog-full

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

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  • Nxt Blockchain – Loadtest Results

Here are the results from a blockchain workshop conducted on May 15th, 2017. The test was performed using a modified version of an Nxt 1.11.5 private blockchain instance. During the test, 3 million sendMoney transactions were submitted to the blockchain by a load testing tool, while the behavior and performance of the nodes were carefully inspected and profiled.

Test results and observations are listed below:

Hardware

  • Node #1 – Asus N752VX 16GB RAM 256GB SSD Windows 10 64 bit
  • Node #2 – Dell Latitude E5550 16GB RAM 512GB SSD Windows 7 64 bit
  • Network – 1 Gigabit Ethernet

Software

  • Nxt 1.11.5 with modifications running as private blockchain
  • Java 1.8.0_131
  • JMeter 3.1 loader utility

Test Configuration

  • Two forging nodes each funded with 100M NXT
  • sendMoney transactions
  • 3 Million confirmed transactions over a time period of over 8 hours
  • Block time of 1 minute
  • The existing 256 Transactions per Block limit has been removed

Node Configuration

  • nxt.peerReconnectDelay=0
  • nxt.peerUpdateDelay=0
  • nxt.maxNumberOfTransactions=72000
  • nxt.maxUnconfirmedTransactions=72000
  • nxt.peerServerDoSFilter.maxRequestsPerSec=3000
  • nxt.wellKnownPeers=<node1>;<node2>

Results

  • Sustainable throughput of 100 TPS (Transactions per Second)
  • CPU utilization average of 30%
  • Memory consumption of 3 GB

Observations

  • Unlike the blockchain used by the loadtest, the current production public blockchain is practically limited to around 12 TPS on top of the 256 transactions per block artificial limit which further limits its throughput to around 4 TPS. At the moment higher throughput is not needed, however, it can be provided relatively quickly.
  • Scaling the blockchain to 100 TPS required complex optimizations. These optimizations won’t be released under the GPLv2 license. They will be available only for commercial private blockchain projects or blockchains running under the JPL license.
  • For a single workstation forging independently, maximum performance was 280 TPS.
  • For the dual node test, the main limiting factor was fork resolution, switching to a better fork is a resource intensive operation – we should see improvement in this respect in Ardor due to more efficient peer networking.
  • Workstation CPU and Memory were not maxed out by this test, from this we conclude that:
    • I/O and mainly database performance is the limiting factor
    • SSD drive is a must have for a high performance node
    • Hardware with slower CPU and less RAM should still achieve similar results
  • More specifically, the H2 database, currently used by Nxt, represents a possible bottleneck. We are looking into replacing it with an external database for commercial blockchain deployments.

Conclusion

Being able to scale to 100 TPS is a great achievement for Nxt, however we are not stopping here. For Ardor, we are planning to invest a lot of resources into load testing and scalability to make it an even more scalable blockchain solution.

Source and more information: https://www.jelurida.com/nxt-loadtest-results

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NXT IN THE MEDIA

  • Steemit – How I Doubled my Investment in 4 Weeks and Now Have a Passive Income Getting Dividends Every Month

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

Source and more information: https://steemit.com/cryptocurrency/@askaran/how-i-doubled-my-investment-in-4-weeks-and-now-have-a-passive-income-getting-dividends-out-of-it-every-month

 

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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 – May 2017 (V): Don’t Try to Guide the One Who Intends to Choose Their Own Way

May 2017 (V)

 

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

NXT COMMUNITY

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

 

  • Jelurida –  Lior Yaffe Interviewed by El Pais

Lior Yaffe, Nxt and Ardor core developer and a member of Jelurida, attended the Retina Technology Forum, an event that occurred on May 9th at Palacio de Congresos in Madrid, Spain. The event was organized jointly by El País, the biggest newspaper in Spain, and Accenture.

After the live demonstration to the audience of the Retina forumLior Yaffe provided a five-minute interview where he briefly outlined the performance and advantages that the Ardor blockchain platform introduced, such as its unique architecture, and how it solves the blockchain bloat issue as well as improving scalability by separating the transaction token of the child chains from the consensus token of the main network, as well as the benefit of Proof of Stake technology, among other things.

Source and more information: https://www.jelurida.com/el-pais-interviews-lior-yaffe

Demo case: Voting Blockchain Distributed Platform (video)

Blockchain Forum by El Pais – Lior Yaffe Will Be a Speaker (1)

Blockchain Event by El Pais Retina – Decentralized Voting (2)

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

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  • Janus – Projects Elaboration

Janus has published an update for their project which is very similar to that of a roadmap. The update has the aim of providing all stakeholders with sufficient detail to be able to assess and judge the company’s plan and fundamentals. In the past, no detailed information was available on the direction of project development and, as a result, many investors had dismissed the possibility of an investment, but the presentation of this ambitious objective plan focused on Content Management and Fintech Social projects provides a solid foundation on which to work.

We have been asked to be brief and not bury our readers under walls of text, so for the sake of brevity and clarity, this update will (for now) focus on the primary two projects we intended to give priority: Content Management and Social Fintech.

Content Management

Content Management systems allow non-technical users to publish content on the web. There are lots of generic content management systems freely available, but when you look for content management systems which are application-specific, there are quite a few market niches where there are few competitors and where the market situation is favorable. For the purpose of this document, we will focus on two areas:

Realty

Realty (ie: the buying, selling and renting of real estate) in all its forms is a huge market which by definition is decentralized (ie: if you are looking for an apartment in New York, you don’t really care what the market offers in Los Angeles). It is this geographical separation, together with the involvement of local real estate agents, which makes this market an attractive one.

Our strategy for realty is twofold

Sell software to realtors:

Market analysis shows that there are approximately 400.000 realty agents in the US and the EU. In a market of this size, you don’t need huge penetration numbers in order to be able to sell your product profitably. We have a basic version of a realty software package in place and will be porting it to our new technology platform. Once that process is completed, we will be using our industry contacts to analyze and expand the functional coverage of the product in order to arrive at a package which is explicitly aimed at realtors and their typical workflow requirements.

Build focussed websites:

Realty, like anything else is changing with new niches appearing every few years. We believe that by focussing on such niches, we can build an appealing service which lends itself to monetization. If we manage to gain traction in such niches, this would pave the way to expand into more mainstream areas which in turn offer even more revenue and profit potential.

We believe that by combining these two approaches, we can target a market which is generally resistant to centralization (and thus domination by a single party) and offers ample opportunity to build a profitable business.

Automotive

Automotive is another market which is heavily decentralized and has many small/local players in each community. Generally speaking, many automotive companies, especially the smaller/local players) are using very little in terms of automatization which again makes this market an attractive market to target. Our strategy here is to build a software suite targeted at the workflow needs of typical smaller automotive firms and push this into the market.

Social Fintech/Trading

We plan to build a site and platform that allows experienced forex traders to set up account profiles. These traders will have their own private ‘rooms’ that will allow them to connect people to their trades, charts, and calls all in one place. Private chat will be enabled, and each follower who signs up to them will gain access only by paying a monthly subscription fee. The day traders will no longer need to worry about collecting payments from each member as our site will handle this and take a small percentage fee.

We will offer people numerous methods to expand their following, full social media integration and privacy that can only be unlocked through subscription. Advanced traders will have a link that directs their social media followers to our site and their private rooms. This will enable our team and users to promote user acquisition on a very large scale. Traders will be inputting their TA/charts and market indicators to predict where they think the markets are moving, paid subscribers will have access. Traders will be scored using an automated process based on the success of their calls, and potential followers will be able to see these scores and current followers recommendations prior to signing up for each signal callers private rooms.

Our team has some experience in the development of forex trading bots. We plan to create an in browser gui to configure various trading strategies and put traders in the position to backtest these using a multithreaded approach which will dramatically shorten the time required to backtest trading strategies when compared to packages such as MT4, etc. This will be marked as part of a professional package within the social fintech site and carry a higher price but should prove extremely valuable for end users.

There are more options that will be added over time until our business becomes the primary source for all interested parties to convene. We will of course run heavy marketing and gain user feedback, then apply suggestions when appropriate to further make the entire user experience amazing for all our users.

We have achieved great milestones so far, yet the future for us as a team and company holds this and much more. We invite you to our multiplatform, and diverse industry tokens, community, and team.

Team Janus

In addition to this, Janus has also announced on Twitter that Bitsquare, the first decentralized exchange to buy and sell bitcoins, in addition to other cryptocurrencies, has added JNS / BTC trading pair. It’s important to note that in addition to Bitsquare, users have the ability to trade JNS assets on the Nxt Asset Exchange with the NXT / JNS pair. Users can also trade JNS on Stocks.Exchange, with trading pairs for BTC and NXT enabled as well as with Bitcoin or fiat currencies on C-CEX. .

More Information:

#janusproject (Link to join Nxtchat en Slack)

News compilation about Janus

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  • Adel – Last Days to End the First ICO Round and Start Voting for the Post ICO Plan

As we mentioned in the previous newsletter, the Adel ICO enters its final stretch, though at the moment, still short of the initial target of 900 BTC. However, because of this, the latest whitepaper titled “Foundation of a Community Accelerator” outlines a plan of moving forward where ICO participants will also have the ability to vote for whether or not they will receive a new bonus 20% Post-ICO on their contributions, to be added to the bonuses previously obtained through the ICO. Also, participants who do not want to move forward may request reimbursement of their contributions before the voting process for this plan begins. Last Friday, they also announced that until May 31st, all participants who have contributed more than 4 BTC will receive an automatic bonus of 20%!

A lot of those who have followed Adel considers or have considered that Marketing has been the great weakness of Adel and its ICO, to which Gabriel Dusil, Co-founder and member of the Adel Board, answers:

We have also written 11 white papers to date, released 3 project proposals, produced 4 infographic videos, 5 walkthrough documents for mainstream contributors interested in fiat to crypto conversion, so they can contribute to our ICO. We produced 3 video presentations from seminars about Adel, and we have a 25 page FAQ on our website. All our staff are identified in the Team section of our website, and we have built Adel to the the level of maturity and exposure you see today. We have spent 16 months building Adel with a stellar team of over 26 experts in the Adel Services team. We are also the first ICO to be AML/CTF/KYC compliant, in the world. So from a “marketing” perspective we believe we have significantly raised the bar for future ICO’s entering this space.

We realize that some people understand ICO marketing to mean “advertising”, and they have judged our marketing efforts strictly in regards to advertising exposure. I am the first to admit that we have not done any advertising, due to lack of budget in this regard. But with the resources we had available to us leading up to – and including our ICO, we believe that the exposure we have received international is unprecedented. We have managed to established a global brand presence on a shoestring marketing budget.

More information: https://adelphoi.io/content/pdf/wp_11.pdf

ICO Portal

The Adel ICO is live

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  • Capodieci – Emulating MultiSig in the Nxt Blockchain

Roberto Capodieci, partner of the Nxt Foundation, CEO of DeBuNe, DigitalBillions, and OTDocs (Open Trade Docs) and founder of TheSoundKey and Go.Notifile.me, has made a step-by-step video tutorial that shows how to create a multisig account with Nxt using the core feature known as “phased transactions“.

The Nxt client extends the multi-signature concept by including many more functions and use cases. Users can define a transaction in 2 phases: the first phase takes place when the details of the transaction are defined (for example, the amount of NXT to send to a recipient), and the second when the transaction is sent to the system .

Many ask me how to do MultiSig in Nxt. I made a small video tutorial that shows how to emulate the MultiSig with Nxt. I hope this is useful for you! Try Nxt at http://nxt.org. It is free, and it is amazing 🙂

Phased transactions can be created as a deferred conditional execution order based on: the approval of other external accounts (up to 10), the result of a vote, a set of linked transactions, (either already in the chain blocks, or ones that are to be sent in the future after the disclosure of a secret, also known as “hash approval”) or simply with unconditional deferred execution where a transaction will be executed automatically when a particular block is reached.

Emulating multisig in the nxt blockchain.pdf

More information: https://www.nxter.org/es/tutoriales/

Developers Section

Mrcluster’s Video about Multisig Transactions

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  • Zhgtrade – New Market ARDR/CNY

Zhgtrade, a new exchange based in China, has announced that it will soon enable users on its platform to buy and sell ARDR directly with their local currency CNY (Chinese Yuan). Zhgtrade together with 19800 and Litebit, (EUR) are among the few exchanges that allow you to use fiduciary money to buy ARDR.

Otther exchanges like HitBTC, ChangellyPoloniex, Bittrex, among others, have also enabled the exchange of ARDR directly with BTC long ago.

Source: https://www.zhgtrade.com/guide/article.html?id=457

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  • Updated the Nxt FAQ Document on Reddit

The Nxt Foundation has updated the FAQ document posted on Reddit with the most common frequently asked questions about the Nxt platform, which will be very useful to address concerns of newcomers to Nxt / Ardor, particularly those on Reddit Threads https://www.reddit.com/r/nxt and https://www.reddit.com/r/Ardor.

To see the whole list of questions and answers, please click here.

Source and more information: https://nxtforum.org/general-discussion/nxtardor-faq-on-reddit

Nxter Tutorials

 

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  • Nxt Foundation Recognizes John McLeod for All PR Help Since 2015

Travin Keith, aka marenkar, Marketing Director and Blockchain Consultant of the Nxt Foundation, has formally recognized the work of John McLeod from JEA Associates for all the public relations work that he and his organization have provided to the Foundation since the year 2015 until now by adding him as a recognized partner of the Foundation. 

The expert you want: creative, personable, experienced and completely focused on clients

Following a 10 year career working in Financial and Corporate PR for a number of leading blue-chip clients, John McLeod has set up JEA Associates Ltd, an agency that understands how digitalization is transforming the way in which traditional industries operate.

With a significant background in Financial Services, John initially focused on how Blockchain technology could transform the way retail banking and transactions were carried out.

Since its inception, JEA Associates Ltd continuously communicated how innovation and digital services change the way traditional industries operate in the campaigns it has executed.

 

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  • mrv777 – My Little Explorer Project is Coming Along

A few months before the expected launch of the Ardor network, developer and returning member of the Nxt community, mrv777, has presented his next challenge being tackled: a block explorer for Ardor’s blockchain.

mrv777 : Please ignore the look for now, it’s just a starting point until all the functionality is ready

Everyone knows of the importance of a good block explorer and we are sure that mrv777 will do an outstanding job. We encourage more developers to join and experiment with the Nxt and Ardor platforms with the wide range of advantages it offers over other platforms.

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  • Jaxx – Will Add Ardor & NXT 

Jaxx, recognized as the first Shapeshift integrated multiwallet that can be synchronized across all devices and provides users with the ability to manage, send, receive, and exchange cryptocurrencies, all while users maintain full control of their keys, announced on its roadmap that they are working with more than 70 businesses and platforms with the aim of improving and expanding the service of their portfolio. Among these is the collaboration with the Nxt Foundation to start working on the integration of NXT and ARDR.

Happy to announce integration of @NxtCommunity in Jaxx

About Jaxx

Jaxx is the first multi-asset wallet that syncs across all devices and provides users the ability to manage, send, receive and exchange digital currencies while users remain in full control of their keys. With Shapeshift onboard and available on 9 platforms, setting up a Jaxx wallet is frictionless and requires no onboarding, verification, usernames or password, making it a seamless experience for blockchain novices and power users alike. Jaxx will soon release its “Orange Paper” (a consumer-friendly version of a white paper) and a company roadmap outlining its long-term vision to provide software and hardware that supports the entire blockchain ecosystem and takes decentralized technologies mainstream. To learn more about Jaxx, please visit: https://jaxx.io/

Note that the Jaxx wallet is not open source despite the fact that, according to the website, they allow for the code to be inspected in multiple ways. From Nxter.org, we always urge you to use the official client, and, if not, we recommend not having large amount of your holdings in third party platforms.

More information: https://jaxx.io/

http://decentral.ca/

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  • Future Blockchains – Theoretical Use Cases with the Voting Feature and Asset Exchange of Nxt

Carl, host of the Future Blockchain YouTube series, released the following videos of use cases related to the Nxt and Ardor platforms. In the first one titled “Theoretical Use Case with the Voting Feature of Nxt,” Carl focuses on the decentralized voting feature of Nxt with a theoretical use case about voting in London. In the second video titled “Nxt – Presale Crowd Funding,” he explains how Alice carries out a crowdfunding campaign of her idea through the use of the Asset Exchange with the creation of an asset to represent a presale coupon for her product. Then, after successfully creating a production ready widget with the money raised, users can collect the widget by submitting their addresses to Alice together with the assets to claim a widget.

Follow Carl at:
https://www.steemit.com/@carlfuture
https://www.facebook.com/Future-Block…
https://www.twitter.com/Futureblocks

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  • NXTBridge – OFFLINE signing and WordPress Plugin update 

Scor2k, a developer and creator of the NXTBridge Wordpress plugin, a plugin that connects WordPress-powered web pages with the Nxt network and displays Asset Exchange information in real time, has published an addition to the NxtBridge Suite on the Nxt forum:

We still alive!

 

NXTBridge-Ledger – this is a very useful and simple plugin. It lets you check your last transactions (account Ledger) and it allows you to send NXT securely. The main WordPress feature of this plugin is a Tip Button. The plugin creates unsigned transaction bytes, and last, but not least, it allows you to broadcast signed transactions to the Nxt network from every site which runs this plugin.

To sign any Nxt blockchain transaction you can use our NXTBridge-Offline client.

apenzl says: I scan through different transaction types which can be signed OFFLINE within NXTBridge now. And….. I am really in love with Nxt. Will post videos shortly. 🙂

Consider sending a donation to the developer to boost development ->

NXT

You can see more information about our plugins on https://www.nxter.org/nxtbridge/

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NXT IN THE MEDIA

  • Steemit – Why you should invest in ARDOR and NXT (before it is too late!)

Askaran, author of this review on the Steemit platform, after a brief introduction to Ardor, listed and defined all the features Ardor has in common with the Nxt kernel. The Alias featureVoting System, Account Control, Multisig, Encrypted Messages, Data Cloud, Descentralized Asset Exchange, and the Decentralized Marketplace are some examples that Askaran looks into. When asked about whether to buy NXT or Ardor, Askaran argues that the two are very good options.

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

PS: This article only represent my opinion. Only risk money that  you are willing to lose. There are no guarantees of return or profit.  Please be warned, crypto is wild and sometimes unpredictable.

Source and more information: https://steemit.com/cryptocurrency/@askaran/why-you-should-invest-in-ardor-and-nxt-before-it-is-too-late

https://www.jelurida.com/sites/default/files/ArdorNxtComparison.pdf

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PRICE EVOLUTION

  • Weekly NXT and ARDR Price Evolution

Below is the price evolution of the NXT:BTC trading pair at Poloniex over the past week:

Below is the price evolution of the ARDR:BTC trading pair at Poloniex over the past week:

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

May 2017 (IV)

 

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

NXT COMMUNITY

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Jelurida – Blockchain Expo Europe 2017

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

Jean-Luc states:

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

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

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

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

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

https://blockchain-expo.com/europe

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  • Janus – Introducing Alphonso Morris Jr

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

#janusproject (Link to join Nxtchat on Slack)

News compilation about Janus

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  • Adel – 20% Extra Bonus For The ICO Contributors

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

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

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

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

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

More information: ICO Portal

The Adel ICO is live

Stocks.Exchange ICO

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  • Ardor – Bundler example

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

Set Up

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

Mal sets up bundler with

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

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

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

Transaction

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

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

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

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

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  • Jelurida – Ignis ICO

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

Jean-Luc, wrote:

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

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

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

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


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

Ardor and Ignis distribution

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  • Shuffling – ARDR Assets

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

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

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

lurker10 states:

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

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

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

Jean-Luc also states:

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

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

https://nxtwiki.org/wiki/Coin_Shuffling

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

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

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

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

kirbypuckett states:

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

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

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

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

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

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

More information: Nxter.org Twitter

Spanish Twitter

French Twitter

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DEVELOPMENT

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

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

Migretor would be featuring:

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

Hariharan Parasuraman, CEO at Beecrypt states:

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

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

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

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

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

Now lets assume a bundler is set with these parameters:

Minimum Rate: 10
Fee Limit: 200
Overpay: 0.1

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

0.1 Ardor fee x 10 Minimum Rate = 1 Ignis

So the message will be delivered with 1 Ignis fee.

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

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

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PRICE EVOLUTION

  • TradingView – Time to Continue this Crazy Race with NXT

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

Recently, a technical analysis of the NXT price has been carried out by Paulto. This user has given his thoughts of the path that NXT’s price is going to follow.

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

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

May 2017 (III)

 

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

NXT COMMUNITY

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Blockchain Event by El Pais Retina – Decentralized Voting

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Forging Bounty Lottery

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

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

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

Lior Yaffe, aka Riker, states:

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

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

Link to the the Nxt Client interface on mainnet by Jelurida

Link to the Nxt client interface on testnet by Jelurida

Link to the Ardor client interface on testnet by Jelurida

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  • Janus – New Projects and Q&A Session

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

Bjorn states:

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

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

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

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

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

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

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

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

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

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

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

#janusproject (Link to join Nxtchat on Slack)

Janus new’s compilation

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

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  • Adel – Roadmap and New White Paper Published

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

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

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

Feb 2016 Adel is founded

Jun 2016 Phase 1 Ecosystem Architecture

Dec 6th 2016 Website is launched

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

May 1st 2017 ICO, round 1 begins

Jun/Jul 2017 Adelphoi, ADL is listed on exchanges

Jun 2017 Community module development begins

Jun 2017 Phase 2 Legal & Investment structure development begins

Jun 2017 Idea to Project Supply Chain begins

Q3 2017 Ardor is released

Q4 2017 Adel becomes child-chain of Ardor

Q1 2018 Investment entity established

Q1 2018 Adelshare, ADS equity token is established

Q2 2018 First projects are funded & launched

Q2 2018 Phase 3 Project Execution

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

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

More information: ICO Portal

Twitter    LinkedIn    Facebook     Reddit

The Adel ICO is live

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  • 19800.com – New Market ARDR / CNY

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

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

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

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

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NXT IN THE MEDIA

  • CoinTelegraph – Reviews and Articles About Adel

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

Among Adel’s features are:

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

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

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

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

Source and more information: Adel – ICO Due Diligence

Adel – Why Fintech Incubator Launches ICO,

Adel – How Digital Currencies Help Create Real World Solutions Explained

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

May 2017 (II)

 

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

NXT COMMUNITY

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • NxtChat on Slack – 1500 Registered Users!

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

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

 

Alongside Slack, Nxt and Ardor are officially present on the following platforms:

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

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

Twitter: NxtCommunity, ArdorPlatform e Ignis Guide

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

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

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

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

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

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

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

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

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

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

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  • Crypto Awards – Nxt Nominated

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

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

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

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

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

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

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  • Bitcointalk.org – Nxt Official Thread Updated

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

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

FORUMWIKIMAGAZINETWITTERFACEBOOKREDDITSLACK CHATWHITEPAPER

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

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

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DEVELOPMENT

  • Nxt’s Alias System – Plugin for Web Browsers

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

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

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

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

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

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

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

http://nxtwiki.org/wiki/Alias_System

https://peername.com/browser-extension

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NXT IN THE MEDIA

  • Adel – Articles and Reviews

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

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

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

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

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

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

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

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

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

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

The Adel ICO is now live

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  • Cointelegraph – Blockchain Mainstream Adoption

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

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

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

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

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

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  • Koles Coin News – Meet Travin Keith

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

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

May 2017 (I)

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – Jelurida Joins the Supporter Program

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

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

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

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

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

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

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

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

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

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

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

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

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

You can book your tickets at elpaisretina.com.

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

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

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  • Webit Festival Europe – Jelurida Was Well Received

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

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

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

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

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

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

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

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

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

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  • Adel – The ICO Begins

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

Adel is a global cryptocurrency community that is self-sustained and offers its own economic ecosystem with the Adelphoi token. Our community focuses on creating, developing and implementing use cases involving blockchain technology that covers a wide range of digital and physical industries. Supported projects are developed, discussed and decided by community members.

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

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

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

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

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

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

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

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

https://www.adelphoi.io

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

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

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  • TheWireMaster  – Ardor Song 

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

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

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

Source and more information:

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

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

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

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DEVELOPMENT

  • Jelurida – Public License Proposal

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

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

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

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

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

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

Jean-Luc adds to the above:

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

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

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

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

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

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NXT IN THE MEDIA

  • Steem Nation – Nxt and Ardor are Presented

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

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

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

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

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  • Neocash Radio – Nxt and Ardor

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

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


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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

April 2017 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

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

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

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

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

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

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

Tutorial: Nxt Asset Exchange

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

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  • Future Blockchains – What is Nxt

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

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

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

Source and more information: What is Nxt

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

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  • Webit Festival Europe – Jelurida Confirms its Attendance

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

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

Jean-Luc says:

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

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

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

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

http://www.webitcongress.com/

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  • Larson Digital – Blockchain Hackaton that Relies on Nxt Tech

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

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

For this event, the Nxt platform was highlighted:

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

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

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

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

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

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

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  • Janus – Distribution Completed

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

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

Bjorn, from the Janus team, states:

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

Transaction: 11120319234261742538

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

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

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

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

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  • Farl4bit – New Asset LinkBuild

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

Farl4bit explains:

 

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

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

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

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

https://linkbuilding.io/crowdfunding

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  • Adel – ICO’s Terms and Conditions

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

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


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

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

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

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

More information: Previous newsletter

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

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  • Nxt Node – How to Properly Shut It Down

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

Lior Yaffe, Nxt core developer, states:

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

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

kill <pid>

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

kill -9 <pid>

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

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

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

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

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

The Forging Bounty Lottery campaign

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DEVELOPMENT

  • Jelurida – Ardor Blockchain Platform Design

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

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

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

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

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  • Google Chrome – Ardor Price

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

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

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

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NXT IN THE MEDIA

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

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

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

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

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

Nothing at Stake explained in 4 minutes

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

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

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

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

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

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

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

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PRICE EVOLUTION

  • Aaron AG – NXT Technical Analysis

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

Aaron gives a short explanation about his videos:

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

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

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

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

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

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

April 2017 (II)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Cointelegraph – Blockshow Europe 2017

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

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

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

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

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

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

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

http://events.cointelegraph.com

Blockshow news at Nxter.org

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  • Moldova ICT Summit 2017 – Blockchain Innovations in Government

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

Lee states in his presentation:

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

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

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  • Adel – FAQ

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

Why did Adel choose Nxt as their blockchain platform?

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

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

Why did Adel choose Nxt over Ethereum?

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

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

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

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

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  • Janus – Changes in the Distribution Model

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

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

bjorn_bb states:

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

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

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

Janus News

https://janustoken.com

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

#janusproject (Link to join Nxtchat on Slack)

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DEVELOPMENT

  •  Ardor – Development Roadmap

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

  • Q1 2017 (done)

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

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

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

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

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  • Jelurida – Private Blockchain Evaluation Kit v1.11.5

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

Lior Yaffe says:

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

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

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

https://www.jelurida.com/evaluation

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NXT IN THE MEDIA

  • IBS Intelligence & Bitcoin Agile – Ardor Roadmap

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

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

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

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

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

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

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

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PRICE EVOLUTION

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

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

Some of the features included with this tool are:

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

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

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

April 2017 (I)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Hyperledger – Vendor Members List

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

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

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

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

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

Source and more information: The Nxt Foundation joins Hyperledger

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

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

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  • Intel & The Floor – International Blockchain Hackaton

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

 

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

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

And this is the result:

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

More information: Hackaton – day 1

Hackaton – day 2

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  • Cryptomate – Buy NXT via Bank Transfer in the UK

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

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

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

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

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

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DEVELOPMENT

  • NRS Update – Version 1.11.5

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


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

  • Android Wallet

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

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

Hash 94f71ed4d3762dd2e28f28bf0f8760a5a2c3cb78ee22a257639cc39dbe0c2621

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

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

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

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  • Ardor – v2.0.3e for Testnet

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

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

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

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  • Ardor Public Repository Migration

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

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

Please update any hardcoded website links.

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

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NXT IN THE MEDIA

  • Nxt Foundation – In the Media

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

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

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

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

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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/

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  • Weekly NXT/ARDR Price Evolution

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

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

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

March 2017 (IV)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Gartner – Blockchain: How Real is the Market?

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

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

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

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

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  • Nxtchat – Now Connected to the Slack Shared Network

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

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

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

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

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

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

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

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  • Betterbets – Huge Amount of NXT Wagered in This Platform

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

Bjorn states:

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

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

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

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

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

#janusproject (Link to join Nxtchat on Slack)

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

https://janustoken.com

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DEVELOPMENT

  • Ardor Testnet – Live Demo

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

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

Click on the image to open Ardor’s Live Demo

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

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

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

https://www.ardorplatform.org

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  • Ardor – Latest Features

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Link to join Nxtchat on Slack

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NXT IN THE MEDIA

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

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

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

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

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

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

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

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

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  • NewsBTC TV – NXT Blockchain Application Platform

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

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

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

Nxt Foundation’s working space in Amsterdam

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

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

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

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

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

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

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

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

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

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

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

The book shows a kaleidoscopic version of the Nxt ecosystem…

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

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

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

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

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

Buy Snapshot at Nxter.org

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

 

March 2017 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – Supporter Program

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

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

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

Travin Keith states:

If you would like to be a supporter, please send me a private message on nxtforum, on Slack, or to travin@nxtfoundation.io, with your desired amount to contribute, your preferred method, and other relevant details to your desired tier

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

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

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

https://www.nxtfoundation.io/supporters

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

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

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

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

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

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

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

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

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

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  • Intel & The Floor – International Banking Blockchain Hackaton

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

Lior is especially excited with this hackathon and recently stated:

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

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

Source and more information: www.eventbrite.com

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

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  • What’s The Best… – ARDR Listed

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

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

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

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

http://whatis.wikidot.com/nxt

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  • Alt19 Index – ARDR and NXT Listed

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

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

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

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

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DEVELOPMENT

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

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

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

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

One of the latest available packages is NRS version 1.1.14.

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

C:\> choco install nxt

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

C:\> choco upgrade nxt

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

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

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

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

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NXT IN THE MEDIA

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

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

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

Hyperledger

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

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

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

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

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

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

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

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

Nxt Newsletter

https://blog.darcr.us

https://sigwo.com

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

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

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

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

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

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  • BLK Chain – Blockchain and Trust in Online Advertising

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

(Back to the Index)

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

NXT NxtCoin 2. generation cryptocurrency news

March 2017 (II)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below are more details about each of these topics:

 

NXT COMMUNITY

  • Nxt Foundation – 2017 Marketing Strategy

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

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

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

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

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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

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

Affiliate Program

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DEVELOPMENT

  • NRS Update – Version 1.11.4

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

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

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

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

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

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

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

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

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

Ardor vs Nxt features

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NXT IN THE MEDIA

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

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

Yaroslav Loginov, project’s developer, says:

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

NXT NxtCoin 2. generation cryptocurrency news

February 2017 (IV)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Adel – Established as an LLC

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

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

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

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

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

bitcointalk.org/index.php?topic=1706282.0

www.adelphoi.io

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  • BlockShow Europe 2017 – Last Call for Tickets

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

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

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

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

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

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

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

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

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

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

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

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

https://scfsingapore.icc.academy/

Interview with Roberto Capodieci

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DEVELOPMENT

  • Jupiter – New Blockchain Based on Nxt Technology

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

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

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

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

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

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

https://darcr.us/

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NXT IN THE MEDIA

  • Decentralized Revolution – Blockchain Applications That Are Not Bitcoin

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

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

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

Nxt vs Ardor

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  • Adel – Why We Chose Nxt

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

The State is the People & the People are the State

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

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

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

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

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

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

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

www.adelphoi.io

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

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

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

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

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

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

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  • Crypto Compare – How To Mine Nxt

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

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

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

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

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

The Forging Bounty Lottery campaign

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

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

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

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

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

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

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

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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/

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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: medium.com/@websioux/massive-business-opportunities-hidden-in-the-nxt-blockchain-1c1ecdb10518#.dj5lyj494

Websioux – PHP Libraries for Nxt

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

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

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

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

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

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

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

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

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

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

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

nxtwiki.org/wiki/Phasing

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

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

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

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

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

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  • Thinkmind.org – Emergence of Distributed Autonomous Institutions

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

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

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

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

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

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

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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 (I): If You Want Something New, You Have to Stop Doing Something Old

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

 

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

  • Ardor – Advanced Users of Nxt Give a Hand in Tuning it Up

Riker, one of the Nxt and Ardor core developers, has invited users on NxtChat on Slack for some volunteers who have a solid knowledge of Nxt to test the new Ardor software on the testnet, in order to speed up the opening of the testnet to general users, which is expected to happen in the near future.

Lior says:

As we are wrapping up the Ardor testnet release, and before we release it publicly, we are looking for power users who know NXT 1.x well to join us in testing the platform. This would be a volunteer base work (unless some whale would like to put an NXT or Ardor bounty for this). You have to be very technical, not easily frustrated and if you have prior background in software development and testing that’s a big plus.
What you will get is:
Access to an Ardor testnet public node first, then access to a binary distribution, and the chance to work with folks like JL, myself and other core devs side by side, who knows, perhaps this would also develop into an employment opportunity in the future.
Most important is UI testing. API testing is important as well. We need someone to test processes like create a poll, vote, check the results. Create an asset, send multiple ask/bid orders and verify that the trade results are correct etc. No need for coding but if know how to place a breakpoint in JavaScript code and check some variables values that’s a big plus.

It seems that things are running smoothly and this pre-release test will help refine some minor details to make Ardor, at least, as stable as Nxt has been throughout all these years. Ardor is on its way.

More information: https://nxtforum.org/core-development-discussion/ardor-pre-release-testing

Channel #developers at Nxtchat on Slack

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  • Nxtforum.org – 1000 New Users in January

We are to be excited! Throughout January, a thousand new members have joined Nxtforum. This is the second month in a row that this membership growth figure has been achieved. This large amount of newcomers, which is starting to become a regular occurrence, is a good sign of the interest that blockchain enthusiasts have put in Nxt and Ardor, which also seems to reflect on the price rise that Ardor has experienced during the past few weeks.

[easy-tweet tweet=”I am also a member of the Nxt community” user=”https://twitter.com/nxtcommunity” hashtags=”#Nxt #Ardor #Nxter” url=”https://nxtforum.org/”]

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 using the following platforms:

More information: https://nxtforum.org/index.php?action=stats

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  • Janus – First Dividend Payment from Betterbets

The Janus team has distributed the first dividend payment coming from Betterbets.io, the betting platform that belongs to Janus, among its investors. The recent successful integration of ShapeShift in this platform allows the players to buy NXT using other cryptos and place their bets straight on this platform with NXT.

Moreover, the volume of bets that were placed using NXT has been quite remarkable. Bjorn, member of the Janus team, explained:

Just to give a recap for stats sake, it’s been about 11 days since NXT on Betterbets.io went live without downtime. Total:   Bets: 965,920   Wagered: 2,255,526 NXT.
NXT stats at almost 1 million bets isn’t too bad really. Over 2 million in volume wagered, also solid. I don’t yet have the numbers for number of shapeshift.io purchases on site but will monitor this as well…

Source and more information: https://nxter.org/es/under-the-knife-1-janus-token

JanusProject at NxtChat on Slack (link to join)

https://www.mynxt.info/asset/4348103880042995903

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  • Liquidtech – Nice Dividend Payment

The LQD asset, managed by LibertyNow, has had a dividend distribution for the month of January with the equivalent of 3.4 BTC distributed among  investors, in the form of NXT and ARDR. Each investor received, in their respective Nxt accounts, 0.64 NXT plus 0.21 ARDR for every unit of LQD they own. This has been a good month for investors, with an ROI of 10.88%

It seems as if the tune up that LibertyNow performed on his bot in order to achieve the maximum profit (while reducing loses when markets don’t behave rationally) is starting to bear fruit. Liquid Technologies is well-known for its transparency. You can check, in real time, all operations of the fund at http://www.liquidtech.info/trades

LibertyNow commented:

After running a couple polls, I decided to split the dividend payment between ARDR and NXT. Everyone should see two dividend transactions in their accounts…one as a NXT payment and one as an asset transfer (the ARDR). The dividends totaled about 3.4BTC and new software updates seem to be chugging along quite nicely.

Source and more information: https://nxtforum.org/liquid/dividend-day!/msg229351/?topicseen#msg229351

https://www.mynxt.info/asset/17750387231635486778

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DEVELOPMENT

  • Ardor – Dividend Payment Teasers

This has been the forth week in a row where we get to see some previews regarding new Ardor functionalities. Damelon, of the Nxt Foundation, has shared some screenshots where we can see the new Dividend Payment feature that will be included in Ardor.

These images let us know that, when using Ardor, any business or project owner will able to perform dividend distributions to their investors with any asset or coin integrated on Ardor, or using the child chain coin.

More information: https://nxtforum.org/general-discussion/summary-of-ardor-platform-teasers/

Ardor – Details about its functionalities

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  • Ardor – Testnet Countdown

In our previous newsletter, we mentioned a list of pending tasks that Riker shared with a thread at Nxtforum. These tasks help give indication on the upcoming release of Ardor’s testnet, which will happen soon after all of them are fulfilled. The server code is almost completed and the APIs are stable, so there isn’t much left.

Riker says:

Things are looking good overall. One thing for sure, we are going to confuse you a bit with the fee structure from bundlers to forgers so be patient. Still hesitant if to open the testing to more people since currently it is much quicker to find bugs than to fix them. Whoever already has access is welcome to continue testing and if all goes well I’ll open this up for more testers in the next couple of days.

TO-DO list (updated as of February the 6th, 2017)

More work on the Coin Exchange page and tables (Needs more testing)
Prefix each MS currency name with the name of the chain to which it belongs (Needs more testing)
Ability to link from a child chain transaction to the ChildChainBlock transaction in which it was bundled (Done)
Improve the entity properties modal to support entities like orders and offers (Done)
Format amounts and links in the entity properties modal (Done)
Test and fix currency reserve/claim tables and modals (Done)
Remove child chain specific widgets from the Ardor UI (Done)
Remove Ardor specific widgets from the child chain UI (Done)
UI for the new “by holding” dividend modal (Done)
UI for the “by holding” dividend history (Done)

In addition we also need to double check the UI of the following modules for problems caused by the mode to per chain entities:
AEstill needs more testing
MSstill needs more testing
MessagesDone few open issues
DGS
– Voting
Cloud Data – Done
Aliases – Done
– Phasing
– Account Control – some problems
Leasing – Done
Account Properties – Done
Account MonitorDone, needs testing
ShufflingDone

Source and more information: https://nxtforum.org/general-discussion/ardor-testnet-countdown/

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NXT IN THE MEDIA

  • KCN – Nxt Based Messenger Aims to “Make E-Mail System Great Again”

Koles Coin News, a YouTube news channel that specializes in cryptocoins, has released a video about the powerful and secure messaging feature of Nxt:

[vsw id=”lmQrY-QDnKA” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Nxt platform strives to knock out traditional messengers by its new service. Company have decided to replace the traditional email systems with blockchain, allowing mail to be sent through a decentralized network such as CryptaMail. CryptaMail requires one NXT per message. With prices set for each message, we might have to pay for privacy in the future.

If you want to learn more about Arbitrary Messaging system of Nxt, you can visit https://nxter.org/nxt-core-arbitrary-messages/

Source: https://www.youtube.com/watch?v=lmQrY-QDnKA

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  • Invest It In – Adel, The Kickstarter for ICOs

A few weeks ago, we mentioned the announcement of Adel, a new cryptocurrency ecosystem that benefits 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. The platform itself will have DAO-like qualities backed by a global cryptocurrency, the Adelphoi token, which will be released after the first round of the ICO.

Adel has recently been mentioned at Invest It In. Travin Keith, Marketing Manager of Adel and  Board Member of the Nxt Foundation, explains in this interview titled “The Kickstarter for ICO’s” about both of Adel’s objectives and the benefits that the Nxt platform brings, as well as the role that the community will play.

Travin explains in the interview:

Adel is trying to solve the lack of a platform for blockchain projects that doesn’t just help with launching the project with funds, but also provides support and guidance throughout the whole life of a project. Adel also aims to actively engage its community members in the projects and can also connect the projects with VCs for further funding if necessary…
Is Adel a decentralised organisation? – Yes, absolutely. While the Adel Board and staff will be providing guidance and support to the projects launched on Adel, major decisions… are decided with a vote by the community members…
…Smart Transactions… will be used for voting…
…it was deemed to be more ideal to use the Nxt blockchain… as well as the upcoming Ardor blockchain…smart transactions…phased transactions… One of the other features that Adel will utilize is the decentralized voting system for the polls that will be run for the community regarding major decisions
…The R&D team will release a few more projects before the ICO that will be proposed to the community.
…The DAO and Wings would probably be the most similar system in the crypto community… Compared with The DAO, Adel will have a more stable structure around it with guidance from the Adel Board, as well as support from the staff before projects are introduced to the community… The smart contract scenario that ruined The DAO will not be possible with Adel… unlike Wings, projects on Adel will not be limited to blockchain projects that support Ethereum Virtual Machine (EVM) functionality… While the Nxt and Ardor platforms will have the first right of refusal, if other blockchain solutions are needed for projects, then it will be possible to use other blockchain solutions…

Recently, as a sneak preview, Adel’s R&D team has shared their very first project to be proposed to the community, a P2P ATM which will allow users to find people nearby who are willing to exchange coins and cash on-demand.

Source and more information: http://www.investitin.com/adel-kickstarter-icos/

http://www.adelphoi.io

Join Adel’s chat on Slack

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  • Fintech Finance – Creating Value With Cryptocurrencies

The online magazine Fintech Finance has syndicated the fourth whitepaper of Adel, which has been recently published. The article called Creating Value with Cryptocurrency goes over the possibilities that blockchain 2.0 brings to both financial and administrative sectors (mobility, resilience, privacy, cryptographic proof, improved financial system, lower transaction fees…) and the advantages that the 100% decentralized and revolutionary technologies that Nxt and Ardor platforms can offer, to build up a project as big as Adel. These traits include: PoS decentralized blockchain, phased transactions, monetary system, decentralized voting, decentralized marketplace, shuffling, and a decentralized asset exchange.

The article explains that the value of Adel is in leveraging a state-of-the-art blockchain such as Nxt and Ardor, as well as the Adel ecosystem, and then combining these technologies with best-in-class business practices. Some of the advantages of the Adel ecosystem enumerated in the whitepaper are:

Project Approvals: The establishment of a Project Review Committee which not only ensures that Adel will launch profitable businesses, but also represents legitimate, legal and ethical projects… Successful projects will prove sustainable, long-term growth, as well as global monetization potential for blockchain technologies.
Decision Leadership: …utilizing expert decision makers to guide decisions in the community. Once a decision has been authorized by the leadership, it is then submitted to the community for consensus, enhancement and further decisions…
Open & Transparent: … auditable financial transactions for all projects and provides the foundation for a self-regulated community capable of making important economic decisions. The voting system establishes the opinion of the majority… Social forums allow for open and constructive communications between community members…
Integrity: … Adel’s integrity is the foundation of our success and for the sustainability of a profitable ecosystem…
Support : After a project has been launched on Adel… the project manager will be adequately supported by the Adel staff, as well as community members participating throughout the lifetime of the project… in the form of expert advisory services, finding employees, and assistance with securing external funding, such as with venture capitalists.

Source and more info: http://www.fintech.finance/01-news/creating-value-with-cryptocurrency-white-paper

https://www.adelphoi.io/#white-papers

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  • Search Engine Journal – Transforming Technology With Raspberry Pi

In this article at Search Engine Journal, Travin Keith, Board Member of the Nxt Foundation, goes over the revolution that the Raspberry Pi has caused in the tech world since its launch. The wide adoption of this small device, together with the communities that has emerged support this open-source project has allowed it.

All together, the Raspberry Pi has enabled the development of thousands of projects that rely on this inexpensive device. The article goes over some of them, but what stands out among the projects mentioned is the inclusion of the RasPi in the blockchain world, specifically with the Nxt blockchain. With Nxt being the first and most evolved PoS platform, which has showed its security and resilience by running smoothly over the past three years, it still doesn’t require a network of super computers (that consume as much energy that a nuclear power plant can generate) to run.

By setting up a Nxt node on a Raspberry Pi, you can easily participate in the Nxt ecosystem and help the block generation process in this feature-filled blockchain (called forging in Nxt), with an energy consumption of just a few watts per hour, which is probably less than the standby mode of your microwave. Such is an unimaginable achievement for PoW coins like Bitcoin. Additionally, as we mentioned in our previous newsletter, there are prototypes of solar-powered Nxt nodes built using a Raspberry Pi, such as the one made by Zuqka.

Source: https://www.searchenginejournal.com/4-cool-ways-raspberry-pi-is-transforming-technology/184601/

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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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