November 2016 (I)
Here, we bring you some of the latest news about Nxt over this past week in November:
NXT IN THE MEDIA
- Liquidtech – Pays a 500,000NXT dividend
- Tipper Service – Included in the NxtWiki
- Hyperledger Project – The role of the Nxt Foundation
- Janus Token – Chooses the Nxt – Ardor platform
- Nxt Support Helpdesk – 300 issues resolved
- DeBuNe – Last assets for sale at a discount
Below, we give you more details about these news:
More information about the official NRS app
Last week we mentioned that the experimental version 1.11.0 of NRS was also available as an App for your Android or iOS mobile phone.
Experimental support for running the client wallet as a mobile app has been added. See specific documentation at https://nxtwiki.org/wiki/Mobile_App
The app works pretty much the same as when running your desktop NRS client in LIGHT mode. It automatically connects to a random Nxt node to perform all the operations in real time. Besides being able to use all the functionalities of NRS on our mobile phones, this opens up a wide range of new possibilities.
One interesting use case for the mobile app is to use an old phone or tablet completely offline only for signing transactions. This way you never have to expose your passphrase to online computer. See https://nxtwiki.org/wiki/Offline_Transaction_Signing. If someone likes to try this and report their experience that would be great.
Functionalities that require sending your passphrase to the node, such as to start forging, have been disabled on the app. For security reasons, transactions are signed locally prior to being sent to the remote node. This way, your passphrase never leaves your computer.
Download the App:
More information: https://nxtforum.org/nrs-releases/nrs-v1-11-0e/?all
Questions and answers about Nxt Freewallet
User lostintranslation, co-founder of Freewallet, has made some some clarifications on the Nxtchat on Slack about how this unofficial Nxt wallet for mobile devices works, which we went over in our previous newsletter.
About the code being open-source and how the company makes profits:
It’s like Coinbase, it is not an opensource solution.
…Regarding monetization model: we’ve got one. We have announced the top ups with credit cards, soon we’ll have even more fiat options.
About users being able to retrieve their Nxt passphrase from Freewallet and managing ARDR with the same wallet as NXT
…not for the moment, that’s why we’re in Beta… but soon we’ll have features to control your keys with a passphrase.
…No separate wallets for the moment. But will consider that.
About the integration of Changelly in the App:
I’m personal fan of Nxt so we support both (Nxt & Ardor), and we made guys from Changelly to do that.
…wait for updates. Freewallet soon will issue cards
More questions about Freewallet can be directed to the user lostintranslation on NxtChat in Slack
Source and more information: https://freewallet.org
NXT IN THE MEDIA
Snapshot – The first book about Nxt
Nxter magazine and Plaisir d’histoire have finished editing Snapshot, the first book about the Nxt platform. The book has 228 pages full of information and will be available both in a printed Collector’s Edition as well as an eBook. The date of launch is expected to coincide with Nxt’s third anniversary
Lionel Jeannerat (AKA Ludom) says:
Last year, Nxter magazine proposed a special gift for the 2nd birthday of Nxt: a free PDF containing articles about Nxt in four different languages.
After that, we launched a crowdfunding campaign to finance the translation and the printing of this book. It was a success: https://nxtforum.org/general-discussion/(crowdfunding)-the-first-book-about-nxt
But the work took more time than we expected. The changes in the community and in the Nxt agenda (with Ardor) didn’t help because we needed to complete and correct lot of informations. But finally, we did it!!!
Nxter Magazine and Plaisir d’histoire presents:
The making of this book has congregated many illustrious members of the Nxt community, and all of them have brought their expertise and experiences to make the book a great compendium, useful to any nxter or person excited about the possibilities that this blockchain technology allows. The chapters of the book are filled with interesting bits of information and experiences.
There are many quotes that can stand out from the book. For example, Arthur Penzl, of Nxter.org, writes in the book:
The future will not be centralised. It will be you.
Jean-Luc, Nxt lead core developer, writes in the book:
Nxt has been designed from scratch to serve as a platform for much more than simple money transfer transactions. The relative ease with which new features have been added regularly every few months during the las three years proves the well-designed and flexible architecture of Nxt
Roberto Capodieci, blockchain expert, writes in the book:
Nxt is the most amazing decentralised tool that knows no borders, no central authorities, no risks of fraud. With it’s API and hundreds of endpoint calls, Nxt is an easy tool to integrate with other software solutions, thus being the perfect solution for each business need
For those of you who took part in the crowdfunding campaign, Ludom says:
You can send your assets pbookeng (Asset ID 7676447843512066742) with your postal address to
If you own an asset for ebooks (ebookeng, ebookfre, ebookrus), you don’t have to do anything. You’ll receive directly a link to download the ebook at the 3rd Nxt Birthday. The book is not translated in French and Russian (sorry but it is to much work for us!), the ebookfre and ebookrus owners will receive the ebook in English + an extra surprise.
Furthermore, there’s a special offer for the members of the Nxt community, before issuing the book in other shops:
We propose an exclusive possibility to the community to receive the book and ebook before the 24 November.
Next week, we’ll launch our shop on Nxt Marketplace. We’ll sell:
– the last 35 collector books: ~25$ + shipping costs
– e-book: ~10$
At the 3rd birthday of Nxt, 24 November, we’ll switch off the shop on Nxt Marketplace. Then we’ll propose the book and ebook on more traditional shops. The price will be 25$ + shipping costs for the the collector books, 10$ for the ebook.
Thank you all who have make possible that this book possible.
NxtFolks – Real application idea for Ardor child-chain
TheWireMaster goes over in this article published on Nxtfolks about a new application for what Ardor could be used for: companies could use child chains to use its tokens as a way to replace the more traditional rewarding system of that company. With this incentive, (tokens) workers will be encouraged to do a better job because of the prize.
Once the employee has acquired enough tokens, they could use the Marketplace to exchange those tokens for products, shop vouchers, or anything else the company can offer. This way, workers would have one more incentive to do their job properly.
Liquidtech – Pays a 500,000NXT dividend
On the 1st of November, Libertynow, who issued LQD, gave away half a million NXT to LQD holders as monthly dividends. Good news for this fund that continues on working successfully after the hard times it went through a couple of months ago, as we mentioned in a previous newsletter.
The results could have been even better if it hadn’t been for the attempt to trade with the newest and more fashionable altcoin, which in the end, was traded in a manipulated marked.
Asset sales continued strong this month. It was actually a really good month until I tried to trade ZEC and the bot failed miserably. I still decided to pay out 1.2NXT/asset in dividends, however, since the rest of the month was quite successful.
Dividends paid: 500,000 NXT
Dividends/Asset: 1.2 NXT
Source and more information: https://nxtforum.org/liquid/dividend-day!/msg227137/#msg227137
Tipper Service – Included in the NxtWiki
NxtSwe has made it! A detailed documentation of his tipper service has been included in the NxtWiki. In his latest update, he explained:
I’ve updated the bot a few times since my original post, but never posted anything about it here. Some of these are old updates, and some are quite recent ones. Also, the bot is now also running in crypto chat (digitalcash.slack.com) Slack team as well as nxtchat, thanks marenkar for making this happen!
Riker was kind enough to set up a wiki page for the bot.
The new developments, as NxtSwe reflects, are:
- Added ‘list’ command to show a list of supported assets / ms currencies.
- Added monikers for the units, for example, when sending ardr you can use ‘ardor’ or ‘nxt2.0’. These can be listed in the list command above.
- The bot now reacts to @tipper as well as just tipper when sending tips in a public channel.
- When sending currency/asset to an account that does not have any NXT, an extra DM is sent to the sender with information that the recipient does not have any NXT and that it might be a good idea to send some in order for the asset/currency to be useful.
- Send tips directly to NXT addresses, using the same syntax as tipping a user. Just swap @username with a NXT-XXX address.
Source and more information: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/#msg227182
Hyperledger Project – The role of the Nxt Foundation
The Nxt Foundation became an affiliated of the Linux Foundation and the Hyperledger project, as we announced in a previous newsletter when the news become official. However, there are still some concerns about what the Hyperledger project is and what role the Nxt Foundation plays there. Travin Keith, of the Nxt Foundation, is the marketing representative to Hyperledger. He recently gave us some answers to these questions:
Hyperledger is a project by the Linux Foundation that is a collaborative effort among the participating organizations to promote the use of a distributed ledger (blockchain) and bring it to mainstream business and organizational use
The Nxt Foundation benefits a lot by being a part of the Hyperledger project, even if some of the work that’s done creates a conflict of interest (them making their own blockchain vs using the Nxt blockchain or an Ardor child chain). I get to hear directly from these influential representatives what needs they have and how they think blockchain technology could help them. These discussions really help out with regards to figuring out how Nxt or Ardor can complement them or maybe even substitute them for other companies.
Another thing is that it helps the Nxt Foundation be a credible source of information. One of the things being discussed is a book, and I’m trying to be one of the authors for it. I’m still trying to gauge the level of knowledge that other representatives have with regards to the public blockchain space… I’m trying to be proactive and joining sub-committees to try to get a stronger reputation. At the moment, I’m not able to attend events, for various reasons, but I hope to in the very near future. It seems to be one of the best ways to talk with them as the calls can sometimes be a bit crowded.
They know about the existence of Nxt, and maybe Ardor, but it’s important that I don’t push it too much. I’m not there to sell, I’m there to collaborate and learn… Keep in mind that all these other companies also have something to offer the others, and so there’s an unspoken rule that we don’t sell to each other. I think this is where going to events personally will make the most sense, because I’m then able to meet up with them after work… on the calls, it’s usually during regular working hours, so they only want to stick to the agenda, which I understand.
Source and more information: https://nxtchat.slack.com/archives/general/p1478205207011341
Janus Token – Chooses the Nxt – Ardor platform
The user bjorn_bb, representing Janus, has announced that this team will be joining Nxt platform in the near future. Nxt features, together with the help offered by the Nxt Foundation, has made them take this decission.
We hope to launch within the next 2 weeks if everything goes as planned.
All major questions should be answered by both our whitepaper and FAQ. Since we are going to be part of the Nxt and then Ardor platforms (for at least a decade) when that is ready my team and I will be here for any questions that are not covered in our site/threads/papers as well.
Our goal is to create our parent company and then house several businesses under this conglomerate to form a large online presence in traditional global and country specific business industries. It will at first sound extremely ambitious, and it is, however this is not a newly formed idea and has been in incubation with my business partners and I for years. We are currently owner/operators of a bitcoin business for over a year and decided that including the blockchain community in our future work could be a better alternative than tradition angel investment. After reviewing all platforms for months and speaking with several developers of each platform we found the Nxt team/foundation and blockchain to be the best for our uses now and in the future.
We’ll push to get Janus launched asap though as the token sale deadline is Dec 31st and we aren’t changing that so 2017 can start a series of businesses launched. When the sale launches half my staff will be helpiung the communication to the public the other will continue working on our businesses.
This foundation is incredible, they are very good people and we are very pleased to have found such a great commodity in blockchain… after speaking to them weekly for months they are professional and very committed to this platform and those like ourselves looking to create large businesses and using this platform.
More information: http://janustoken.com/
Nxt Support Helpdesk – 300 issues resolved
Nxt Support Helpdesk is the place where users can utilize when faced with questions about the NRS software, together with Nxtforum.org and NxtChat on Slack (#helpdesk channel). There is also a business assistance service for companies on the system..
The helpdesk is a community-based effort. Please be aware that the agents there are unpaid volunteers who help you because they are long time Nxt users who want to help you because they love our platform.
The Nxt support desk closed it’s 300th ticket!
That’s 300 -happy- Nxt users helped out by the Support Desk Team.
We’d like to congratulate the team behind this service, and thank them for the awesome job they are doing for the community.
More information: https://nxt.org/support/index.php
DeBuNe – Last assets for sale at a discount
Roberto Capodieci, DeBuNe‘s CEO, has announced that he has just offered the last 10,000 DeBuNe assets for sale at a discount on Nxt’s Asset Exchange. As he explains, once nxters have bought all these assets, which will happen soon given the volume of purchases being made, an ICO for the general public will take place. When the ICO is over, it will mean that all the money necessary will have been collected, and DeBuNe will finally be launched.
With Transaction 16419882809150848464 the last 10k shares of DeBuNe have been put on the AE for 40NXT each, leaving DeBuNe 750k assets.
The ICO will start at a value of NXT45 per asset going up, for a total amount of 250k assets.
I really can’t wait the ICO to be over to launch DeBuNe
Source and more information: https://nxtforum.org/debune/last-assets-in-ae-from-asset-issuer!
Weekly NXT/ARDR Price Evolution
The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:
The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week: