Nxt news – October 2016 (II): ARDR is almost here

NXT NxtCoin 2. generation cryptocurrency news

October 2016 (II)


Slowly but surely, news about Nxt kept coming up this past week:

Here below are more details about each of these:


  • The snapshot period for ARDR is about to end

Once block 1,000,000 is reached in the Nxt blockchain, which is expected to happen on Thursday, the 13th of October 2016, the snapshot process of the balance of every Nxt account that has been going on for the last 3 months in order to calculate your average balance for the future ARDR giveaway will be over.

Once this period is over, ARDR assets will be sent automatically to Nxt accounts and we will be able to trade them on the Asset Exchange of Nxt. Welcome ARDR!


More information: http://test.nxter.org/the-nxt-2-0-token-distribution


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  • The holders of NXT at exchanges will receive ARDR

The exchange HitBTC joins Poloniex, Btc38, and Bittrex, the exchanges that have committed to giving away corresponding ARDR assets to the NXT holders who keep their tokens on that exchange.

Marenkar made the announcement to nxters:

HitBTC has now given written confirmation for participation with the snapshotting process


Source: http://nxtchat.slack.com/archives/general/p1475905725004645

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  • Get a branded Nxt account for your business

The user websioux has presented Secret Miner. This service can provide you with a Nxt and Ardor account with the first 4 letters of your choice. This can be used, for example, to reflect the name of your company. The search is limited to the first 4 letters at the moment, but it may be extended to 5 or 6 letters in the future.

Even if your desired account isn’t in the database yet, you can make a reservation so that as soon as it is found, it’ll be delivered to you.



Source: https://nxtforum.org/nxt-projects/branded-nxt-accounts-for-your-business/msg225145/?topicseen#msg225145

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  • Infographics about Nxt’s features

This time, the user Savandra worked on a new infographic together with the Nxt Foundation to present the Aliasing feature:


We’d like to remind you that, as we mentioned in a previous weekly newsletter, the first feature on this series of infographics was the CoinShuffle feature.

Source: https://nxtforum.org/nxt-promotion/new-infographic-aliasing-feature-on-nxt

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  • Blockchain is much bigger than Bitcoin

This article, written initially by Guy Brandon for Due.com and, later on, re-published by John Rampton (founder of Due.com) at huffingtonpost.com, deals with some of the most promising cryptoplatforms out there that are being developed nowadays, according to the author.

Among them, of course, is Ardor. It is mentioned due to its innovative features that will allow it to deliver off-the-peg child chains.


Read more: https://due.com/blog/five-blockchain-technologies-watching


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  • The reward for forgers is increased

Megalodon’s millionaire campaign to strengthen the Nxt platform is going to reward the forgers of Nxt even more from now on. Good news for all the members of the community who contribute to support the network!

Lurker10 says:

Price of NXT has been declining and Lucky node rewards haven’t been as sweet as in summer. Megalodon thinks it a good idea to increase them, so starting today payouts will be raised by 50%. Keep them nodes online :)



More info: http://test.nxter.org/the-forging-bounty-lottery-campaign-will-pay-5-million-in-rewards-to-forgers-and-nxt-nodes

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  • Jelurida

Damelon has presented the new company Jelurida. It’s composed, among other members, by Jean-Luc and Riker, both Nxt’s Core Developers, and Bas Wisselink, who is also a member of the Nxt Foundation.

Jelurida will be the startup in charge of protecting the Intellectual Property of the Nxt Core Development team. According to its initial statement, this company aims to create a sustainable and thriving business around the Nxt ecosystem by providing software licenses, maintenance, and services to a new breed of blockchain-based applications.


Source: https://nxt.org/introducing-jelurida

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  • Q&A with Nxt/Ardor developers

Last Sunday at 20:00h CEST, there was place a fierce Questions and Answers session among users and developers of Nxt/Ardor over the Nxtchat on Slack.

Apart from the core developers Jean-Luc and Riker, many nxters gathered together in this Q&A session and a lot of subjects were discussed, including the future of Ardor, the creation of Jelurida, the devs situation and the role that the Nxt community is going to play from now on, among others.


Our colleague apenzl has collected and ordered all the questions placed there in just one article. You can view the result of the Q&A session in the following link: http://test.nxter.org/jelurida-qa-nxt-core-devs-mean-business

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  • Nxt Tipbot for Slack

A couple of weeks ago in our newsletter we mentioned that the user NxtSwe was working on a project to automate small NXT payments on Slack through a bot named Tipbot. This week, the community has performed tests to check how it runs with true NXT coins at the #general channel in Nxtchat on Slack, and having a nice time with Tipper, the tipping monkey.

sin-tituloOperating the bot is very simple, and you only have to type some basic commands. Tipper will help us to remember all the commands if we ask him for help by using a private message:


Source: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/msg224678/#msg224678


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  • Article about Nxt at coincap.io

The website Coincap News gives some real time information about digital assets. Recently, an article has been published that talked about Nxt, its history and features, all written by Michael.

Besides this, the author explains what Ardor will bring us: its scalability solutions and its strong orientation towards solving business issues by offering them child chains that will solve real problems.


Source: http://news.coincap.io/2016/10/asset-profile-nxt/

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  • Article about Ardor at coinour.com

This article was written by lhcn57 and talks about Nxt and the asset ARDR, which will be launched on the 13th of October, once the snapshot period is over. The article explains how each ARDR represents a token for the new cryptoplatform Ardor, which is expected to be launched in the 3rd quarter of 2017. Until this time arrives, ARDR will be freely tradeable in Nxt’s Asset Exchang.

Lhcn57 also mentions IGNIS, the very first child chain on Ardor, of which tokens will be also given away among the current NXT holders, although in this occasion, the snapshot period won’t last 3 months as there will be just one snapshot that will take place at the same time that Ardor goes live.


Source: http://coinour.com/index.php/ardor-will-be-launched-as-nxt-asset-ardr-on-october-13th/

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  • Ardor and Nxt FAQ on Reddit

The Nxt Foundation is building a Frequently Asked Questions that will come in really handy to solve concerns to those who have just joined the Nxt/Ardor community specifically those Reddit users who follow the subreddits https://www.reddit.com/r/nxt and https://www.reddit.com/r/Ardor

Here are some sample questions from the FAQ. Marenkar, of the Nxt Foundation, states:

There’s been a lot of questions coming back repeatedly, which isn’t really bad in my opinion as it indicates that there’s new people coming in. However, there are a few misconceptions going around so we’re creating this in order to clear some things up.

What is Ardor?

Ardor is a scalable blockchain platform with child chains. With it, people can use blockchain technology without having to build things from scratch. In addition, they will be able to trade with other child chains on the platform. Since it is built with Nxt technology, the features of Nxt, like Assets, Messaging, and Voting, will be available on the child chains

What is IGNIS?

IGNIS will be the first child chain of Ardor.

How do I get IGNIS Tokens?

Before the launch of Ardor, there will be a one-time snapshot to all accounts with NXT. You will receive 50% of whatever amount of NXT you have at that time. Like with the snapshotting for ARDR, no NXT will be burned.

The list will be updated on a regular basis. To check all the questions and answer, please click here

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

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  • Weekly NXT price evolution

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


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