Nxt News – September 2017 (IV): A New Day Brings New Strength and New Thoughts

September 2017 (IV)

Welcome again, fellow Nxters! Fall is here and that means pumpkin spice flavored foods are back in the US – and for the rest of us it is another chance to catch you up on the news from the last week of summer. The IGNIS ICO started Round 4, we got more news from China, big news from Adel and much more awaits down below.

As always, our newsletter is aimed at being accessible to new readers while providing important and cutting-edge info for our power-readers who are already experts in the blockchain space. We welcome everyone and thank you for taking time to read and learn with us!

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

NXT

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


NXT COMMUNITY

  • IGNIS ICO

The IGNIS ICO is well into its second month now.

3 batches of JLRDA tokens have all sold out. Round 4 started last week and will be extended until Oct 21 due to the market conditions. Round 4 consists of 4 offers of 25 M JLRDA each, priced at 1 JLRDA for 1.05 NXT, released according to the following time schedule:

Sat, Sep 23rd between 06:45 – 07:15 UTC
Sat, Sep 30th between 06:45 – 07:15 UTC
Sat, Oct 7th between 06:45 – 07:15 UTC
Sat, Oct 14th between 06:45 – 07:15 UTC

The days of whales gobbling up entire batches is gone. Anyone who wishes to participate in the ICO and invest in the future of Nxt, IGNIS and the Ardor platform can now do so. For 1 JLRDA token, the participants in the ICO will receive 1 IGNIS coin at the time of the Ardor Genesis Snapshot.

Riker says:

Only buy JLRDA tokens using the “IGNIS Token Sale” link at the header of the official NXT wallet. At this time you may use the Jelurida node https://nxt.jelurida.com/index.html or a lightweight or mobile node in order to purchase. Your passphrase is never submitted to the remote node.

For more in-depth analysis and coverage of the on-going ICO, please follow our exclusive ICO reports that provide excellent coverage and analysis of the ICO.

Source

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  • Chinese Community

China is probably the largest consumer of blockchain tech in the world at this moment. We welcome our Chinese community readers and we aim to put forth more Chinese language content in the near future on our new Chinese section of Nxter.org.

Over the last two weeks Lior Yaffe, Riker, one of the co-founders of Jelurida and core developer of Nxt and Ardor was in China attending several meetups. His presence was well received and his presentations were well attended. There is much interest in what Nxt / Ardor / Ignis is doing in the blockchain space and we are happy to be welcoming of all of our brothers and sisters in the global community.

Baijing meetup yesterday with 40 attendees
Beijing meetup with 40 attendees

Riker: Back home after a wonderful week in China dedicated to the promotion of Nxt and Ardor. Met many interesting businesses and crypto enthusiasts and shared the vision of Nxt and Ardor. It was wonderful to meet with more and more people who know and believe in our technology. We will start releasing short videos as soon as they are reviewed and ready.

  • China Video Diary #1

Riker documents his Chinese adventure

Jelurida 公司高级开发人员Lior Yaffe 的中国之行。 🙂

  • China Video Diary #2  

Updates from beautiful Shanghai

  • China Shanghai Meetup

The Ardor Shanghai Meetup

Learn more about Lior’s days in China from his latest blog posts on his Medium blog.

  • Nxter Magazine enables Chinese section

Twitter user @xfyydfz (a.k.a. fz1128 on Nxtchat.Slack) recently translated and published parts of our Nxter Newsletters as well as other Nxt / Ardor related news on btc38. fz1128 has translated some of the most important key content on Nxter.org as well, and so, we can re-launch the Chinese Nxter Magazine together.

Please inquire in the nxtchat.slack if you want to help us built the site with original content and Chinese translations, we are in need of talented and dedicated members of the Nxt and Ardor community. Also, please spread the articles, videos, tutorials, there is plenty of information about the Nxt tech and ecosystem already, which is now available to the public in Chinese again.

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  • The Chinese Ban – withdraw to a wallet

Speaking of Btc38…

The Chinese government caused Bitcoin’s value to dip when they declared ICO’s illegal early this month, and here comes the next blow – last week Chinese authorities ordered all Beijing-based cryptocurrency exchanges to announce a stop to new user registrations and make clear to their current users that they will stop all cryptocurrency trading. In addition, Reuters and other media have reported that the Chinese government plans to shut down the exchanges.

And so, on Sep 20th, 21:58:20, BTC38.com, the largest CNY < > NXT exchange,  wrote:

Please bring your digital assets to your personal wallet or another exchange before September 28th. All sale of currencies is expected to stop around October 31st.

fz1128 writes:

I will make sure that NXT holders use the NXT Wallet.

This is btc38 cold wallet, not much NXT anymore

We have NXT QQ group, Travin Keith is also inside, QQ group contains most of the btc38 NXT holders.

Whether the government crackdown on exchanges is temporary or another step in their war against crypto is yet to be seen. “A broader clampdown will likely include blocking mainland access to websites of foreign Bitcoin exchanges such as Coinbase in the US and Bitfinex in Hong Kong”, Wall Street Journal writes. And going after Bitcoin miners next, we could add. Nearly 70 percent of all new Bitcoins are being mined by Chinese mining pools.

But let’s see. It’ll be a tough task to stop a global decentralized p2p network like Bitcoin’s, or Nxt’s and Ardor’s for that matter, with their integrated decentralized coin- and asset exchanges, Ardor allows trading between its child chains, even with fiat-pegged chains, shuffling of coins, assets and ICO tokens for privacy, and both systems need only a passphrase, and your funds are safe and secure. No digital trace on the device. Transactions can even be signed offline.

According to Leon Liu, CEO and co-founder of BitKan, Chinese traders already trade OTC in numbers: “You use WeChat, you meet someone, you chat, you buy and sell, you transfer money, nobody knows why you transferred the money,” he said at a Bitcoin conference in Beijing, Wednesday, according to The Wallstreet Journal. “This is everywhere now.”

TechCrunch writes: “China is no longer the dominant bitcoin trader it once was. A series of government bans — most recently a four-month trading freeze due to security concerns — have seen its share of global trading drop from more than 90 percent in previous years to just over 10 percent today. Markets like Japan, Korea and the U.S. have emerged to account for the lion’s share of global trading volumes, so the impact of this China ban is not as severe as it initially may seem”.

Maybe this is why coinmarketcap sees green.

Source

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  • Telegram – Ardor Chinese Group

See title; hooray for growth and community inclusion!

But WeChat? NXT QQ?

WeChat, along with Tencent’s QQ service, has to adhere to Chinese government rules. That includes censoring sensitive topics, filtering images, deleting private and public accounts without user consent and storing information sent via its platforms for at least six months on its servers. Chinese authorities said on September 7 that, starting next month, creators of online groups are responsible for the behavior of members. 

With administrators personally liable for what is said on groups they run, users of Bitcoin exchanges BTC38, OKCoin, Huobi and BTCChina are migrating to services beyond the Chinese government’s reach to discuss everything from how to transfer their digital tokens overseas to more effective ways to protect privacy and initial coin offerings.

While Telegram is officially blocked in China, users can access the service through virtual private networks. As a foreign encrypted platform, it is somewhat beyond the grasp of the country’s authorities. 

Source

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  • Telegram – How Many Telegram Groups Reference Nxt / Ardor?

With the recent addition of the Chinese Telegram account, we decided to compile a list of all the accounts that directly refer to Nxt.

Here is our (non-exhaustive) list:

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NXT AE

  • Adel – Status Update

Adel had another busy week. Another Adel interview between Simon White and Gabriel Dusil about the structure of Adel and their new Crypto Financing Platform and plans for the future investment token – ADS.

In their own words:

Co-Founder of Adel, Gabriel Dusil spoke to Community member, Simon White. Topics included the legal structure of Adel, the new Crypto Financing Platform () recently announced for incubation, the use of the ADL coin, and plans for the ADS token. We also discuss our I2 (Idea Incubation), P2 (Project Planning), and E2 (Enterprise Execution) workflow.

 

More video interviews about Adel:

1Sep 13 – Netherlands – Adel Interview with Yves Sinkgraven
Sep 18 – Tallinn – Adel Interview with Simon White

Adel in the Media:

cryptocoinupdates.com
the-blockchain.com
https://steemit.com/adel/@adelecosystem/blockchain-incubation-to-employment
https://steemit.com/adel/@adelecosystem/from-blockchain-innovation-to-ownership

Support the Adel community by taking a few seconds out of your day to visit their Reddit page and upvote all our past announcements: https://www.reddit.com/r/Adel/

Upcoming Events

Gabriel will be speaking at the ICO Event in London, on October 11th and Adel also has a speaker slot at the Cryptocurrency World Expo from December 1-2 2017, in Warsaw, Poland.

Follow Adel In Medium

 

More info

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  • Bitswift – Status Update

Bitswift is looking for developers to integrate their FreshBooks API into the Ardor child chain API when it is ready. More information about these development opportunities is below:

Hey everyone, we are looking for developers who can help us link freshbooks api into our Ardor child chain api (when its ready).  If you are interested please check out: https://www.freshbooks.com/developers.  If you think this is something you can work with please send me a PM.

Also we have received a letter from the society worldwide interbank and telecommunications asking us to extend their deadline for filing their reply relating to our trademark.  We have denied any extensions on their part, we are done with waiting.  They now have a deadline of October 21st to file a reply.  We will continue to update you on this matter as we feel it impacts everyone involved who may participating within the Bitswift ecosystem.

Also a reminder that October 14th is the cut off date for any old tokens to be swapped into the new chain.  We estimate approx 400,000 tokens will not be claimed, as such a portion of them will be eliminated from the supply, the other portion put to use further developing the Bitswift ecosystem in a transparent manner

bitswiftbro: If you do Facebook, please like and share

 

More Info

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  • Janus – Status Update

Things on Moneypot.com are a bit messy due to the implementation of the new API version | ICO . It´s plan to integrate BetterBets.io on this multi-coin bankroll version. @lobos will let you guys know about that

Just the same gentle reminder to withdraw any ETC you may have on ETCBets as betting is no longer permitted on the site.

Withdraw your balance from ETCBets!

 

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NXT IN THE MEDIA

  • VentureBeat – Ardor Could Fix Key Blockchain Weaknesses – If It Can Get its Message Out

VentureBeat wrote a feature piece on Ardor and the many solutions it solves in the blockchain space – and how it will not be able to do this if word of Ardor DOES NOT GET OUT.

Ardor operates on a Blockchain-as-a-Service (BaaS) model, supporting many use cases out of the box and makes it easy for anyone to get into the blockchain space, while also allowing developers to build their own solutions on top of it.

Ardor is also a platform well suited for running ICOs — anyone is able to create a new currency and issue an ICO in a few minutes, making it a more accessible alternative to Ethereum. Ardor’s main innovation however, and the reason I wanted to take a closer look at the technology, is its new approach to fixing the problem of blockchain scalability and bloat.

Ardor is the main chain, or parent chain. It’s a small, lightweight chain whose main job is to ensure the security of the whole network. All the features, both the existing ones from NXT, which will all be retained, and new ones, will run on the child chains, along with data and transactions that don’t affect security.

The first child chain on Ardor is Ignis. It’s being built by Jelurida itself and is in the middle of an ICO. While Ignis is an open, permissionless blockchain that anyone can use freely, Jelurida’s business model is selling software licenses and consulting services to corporations who want to build their own permissioned child chains.

Source

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  • Techworm.net – Is Nxt The Blockchain Company That Could Solve The Democratic Fatigue Syndrome?

Techworm.net wrote about the robust nature of the Nxt voting system and how it can easily be adopted by businesses and institutions for immutable and immediately secure online voting.

The decentralized nature of blockchain technology provides a potential solution to the voting problems described. Using blockchain as a system of voting can be adopted for the use of private businesses and other institutions as well. With the Nxt blockchain, voting is time-saving, paperless, immutable, immediate, and highly secure. It can even be done with a mobile application! Imagine being able to securely and safely vote in the next election from the comfort of your home!

Nxt, the Blockchain App

NXT is the most trustworthy solution offered today, as this blockchain tries to relieve the frustration we experience when voting, due to the inefficient system currently in place.

Source

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  • Pwc.fr – Du concept de la Blockchain à ses Applications Concrètes

French language piece about the blockchain space and how Nxt based platforms are particularly appealing.

ARDOR, annoncée pour 2017, prétend également supporter un volume important de transactions (7). Cependant le design de cette blockchain n’a pas encore été révélé.

Source

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  • Financemagnates – Community-Based Project Funding Platform Adel Joins Ardor Ecosystem

An update on Adel’s migration to the Ardor Ecosystem, from the Managing Director of Jelurida.

 

“After BitSwift last month, today we are very excited that Adel decided to join the growing Ardor ecosystem and we are confident that Ardor can provide a solid foundation for Adel’s projects and vision,” added Kristina Kalcheva, Managing Director of Jelurida. “Both Adel and Jelurida share the same goals of disruption and transformation within traditional industries and look forward to supporting each other.”

Source

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  • Is the Blockchain Going to Kill Most Middleware Solutions?

A hypothetical piece about the tremendous disruptive potential the blockchain.

 

Source

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  • The Wiring – NXT vs Ardor: Investor Perspective

TheWireMaster, an active member of the Nxt community, and admin at NxtFolks, as well as the composer of the heartfelt Ardor Love song, recently published an article titled “NXT vs Ardor: investor perspective” at TheWiring.com. The article explains, from an investor viewpoint, the values and solutions provided by Jelurida and how many more solutions are provided by when it comes to adding value to its decentralized ledger technologies Nxt and Ardor.

Source

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  • MrCluster87 – Ardor 2.0.3e Blockchain Platform Tutorial

Here is a helpful tutorial for those who are new, or who have forgotten, about how to use the upcoming Ardor client (currently on testnet). The video walks you through the functionality of Ardor and is similar to the Nxt client in many ways.

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PRICE EVOLUTION

  • TradingView – Bounce off the Ichimoku Cloud – NXT / Tether USD (POLONIEX: NXT/USDT)

Bounce off the cloud Buy: 0.080000 Stop-Loss: 0.037000 Take-Profit: 0.130000 / 0.180000

Source

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  • TradingView – LONG NXT Buy Signal

The price is in a good zone for buying. We have a price reversal from 0.060000 support level which was confirmed by RSI . MACD histogram confirms upward movement. We can place pending orders for buy at 0.080000 level. Stop orders must be placed below the local swing low and the support zone. It’s 0.037000 level. Profit targets are 0.130000 and 0.180000 levels. The small part of long positions can be left for the long run. Trade recommendations on Hacked.com: https://goo.gl/4K6zWv My Trading Signals for Cryptomarkets: https://t.me/dlavrov_tch Professional Cryptocurrency Trading Platform: https://goo.gl/CZJJTS Get a bonus! Broker for Cryptotrading: https://goo.gl/ErKn

Source

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  • TradingView – ARDR/BTC

The daily RSI , Rising Volume, Just made a good dip for a low buy, Long-term hold, a lot of recent hype, going o next fib lvl 0.00% , might retrace again to lowest support before taking-off, be ready with tight stop/loss and rebuy at lowest support

Source

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  • Finanzen.net –  US Dollar-NXT

Source

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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:

Live stats from the Nxt Blockchain Asset Exchange:

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And that is all for this week, Nxters. Thank you.

Stay tuned next week for more up-to-date coverage of the Fourth Round of the IGNIS ICO, the launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this great 100% PoS blockchain ecosystem.

Follow us on Twitter for important breaking updates during the week as they happen. Stay tuned and stay informed, dear readers. See you back here next week!

Help us grow and help us continue to provide excellent and focused coverage on the ever-growing blockchain space by rewarding us for our efforts. Donation address: NXT-TK9J-MEKH-MUP9-HFCH2.

Sign up for Nxt and Ardor email news here: https://nxter.org/newsletters

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