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 

https://twitter.com/Janus_Token/status/878965249675808768

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!

apenzl
Come get me

apenzl

Arthur founded NXTER.ORG in December 2013 and started writing Nxt newsletters to the Nxt community.

Managed the development and implementation of Nxt's visual brand in 2014, with web design bureau Ideenfrische.

Issued the NXTP asset in 2014, a profit sharing asset given to early contributors to Nxter.org that helped turn the site into a magazine, publishing news and articles in several languages, and running faucets, contests and social media campaigns for Nxt. ESMA based a report on Nxter.org's coverage of the Nxt AE in 2015.

Arthur is still one of the driving forces behind Nxter.org. He compiled the acclaimed book about Nxt 'SNAPSHOT', which got published in early 2017.
apenzl
Come get me

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

  1. HI, shall I provide some suggestions about the logo of IGNIS? What about Plo Michel J’s torch? Refer to the design of the torch though I am not a professional designer.

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