Nxt News – August 2017 (III): Be the Change that You Wish to See in the World

August 2017 (III)

 

Welcome again, fellow Nxters! The IGNIS ICO is underway with Round 1 finishing up last week. Last week was an eventful one and we have much to catch you up on. Regardless of whether you are a new reader, welcome, or a long time reader, welcome back, we are happy you are here.

The in-progress IGNIS ICO has been eventful, with whales showing up and consuming entire batches but minnows finally bought in too. This week we report on the highlights of Round 1 of the ICO, report on the Bitswift token swap, inform you how to start developing for the platform, and much more.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • IGNIS ICO

The most important news of the week is the successful completion of the first Round of the IGNIS ICO. We have an ongoing series of reports with the most current info available HERE.

With last week’s release of version 1.11.7 of the NRS client, minnows were able to buy into the IGNIS ICO. A whale ate most of the first three batches of 5M tokens each – 3 percent of the tokens available in Round 1 of the ICO were purchased in a matter of seconds by the user, “MAAC”. He accomplished this by spamming phased JLRDA buy orders into the blockchain ahead of time, with high transaction fees –  some at 10 NXT and others as high as 20.

The first Round was a success for Jelurida – all 60 M JLRDA tokens were purchased for 24 M NXT. Almost 14% of the ICO tokens have been purchased and Jelurida is well on their way towards their goal of raising €50 M. Round 2 of the ICO begins later in the month, Aug 26, at 0,55 NXT per JLRDA – a rate 1.82 Jelurida : 1 NXT – 80 M tokens will be available for purchase in Round 2 at this price.

News from Kristina

Kristina Kalcheva, on behalf of Jelurida:

Dear Nxters, the first round of IGNIS ICO is now over, 60 M JLRDA tokens were sold and 24 M NXT collected! Thank you all for your contribution! The second round will start on August 26.

And please be careful and remember that JLRDA tokens are not transferable or tradable! If someone sends you small amounts of similarly named tokens or even NXT this has nothing to do with the IGNIS ICO and can very likely be a scam attempt!

Update your NRS Client to Participate

To participate in the IGNIS ICO, the Nxt Client 1.11.7 is highly recommended.

The availability schedule of the 4 Rounds left (380M IGNIS) are as follows:

  • Buy JLRDA with Scheduled Transactions

Lior Yaffe, going by his handle – Riker, explains how to participate in the IGNIS ICO by scheduling transactions ahead of time. This is how the whale, MAAC, purchased in excess of 14 M JLRDA tokens – by scheduling ahead of time the transactions for purchases. You too can be like MAAC and use this feature of the NRS to your advantage. Due to the high volume of demand for the JLRDA tokens it is advised that you schedule transactions in order to buy, otherwise your chances will be very, very small.

The 12 batches Round 1 are complete. Do not worry, do not despair – there is still plenty of time left to buy into the ICO.

Source

  • Scam Assets

Be careful , JLRDA tokens are non transferable and only can be purchased from the NRS client, v1.11.7, and you should only buy through the IGNIS TOKEN SALE page.

A (nonexhaustive) list of known scam assets is below and has been removed from Nxter.org’s Assethub:

JLRDA scam assets

THIS – and only this – Nxt Monetary System Crowdfunding Coin is the real JLRDA token:

Live data from the Nxt blockchain

(Back to the Index)

 

  • FAQ about the IGNIS Token Sale

Due to the demand for answers, a FAQ section of the Ignis ICO has been enabled on NxtWiki. In it, all the important information about the ICO, from how to obtain JLRDA to how to set up a Nxt wallet and many more questions asked on the nxchat.slack forum have been answered in a clear and concise format.

What is the JLRDA token?

The JLRDA token is an NXT token of type “Controllable Currency” which represents the future IGNIS balances on the Ignis blockchain. Being a Controllable Currency only the issuer of the currency i.e. Jelurida can sell it, and once sold it cannot be freely transferred between accounts. Read about the “CONTROLLABLE” currency property [1] for more details.

Can I buy IGNIS tokens using Bitcoin or another altcoin?

Not directly, since we believe Nxt is a better crowdfunding platform than anything else out there, we would like you to buy NXT in order to buy IGNIS.

After buying IGNIS tokens in the token sale what do I need to do?

All you need to do is remember your NXT account passphrase. The same passphrase will be used on the Ardor mainnet to access your IGNIS tokens once they are distributed.

When will exchanges support the IGNIS token?

Probably after the Ardor mainnet launch. Before that the IGNIS tokens are locked as JLRDA controllable currency and cannot be traded.

Do not attempt trades of JLRDA tokens off blockchain since this is likely a scam.

Many more questions are answered in the wiki. The IGNIS ICO is underway for the next couple months and Round 2 begins Aug. 26.

Source

(Back to the Index)

 

  • New video introduction to the Ardor Platform

The Jelurida IGNIS ICO is being used to fund the development of Nxt 2.0, Ardor. This revolutionary platform is explained in great detail and highlights the important features that make it efficient and better than other platforms for the solutions it provides to many well-known blockchain problems, blockchain bloat being the primary one.

Source

A more in depth video presentation of Ardor, by Nxt and Ardor core developer Lior Yaffe, can be found here.

(Back to the Index)

 

  • #OpEasterEgg

After a brief hiatus, we are resuming the #OpEasterEgg hunts! We are glad to see more and more followers of our Twitter account, glad for the blockchain messages, glad to see participants reach out and give each other a helping hand by sharing additional clues, and glad to showcase some of Nxt’s many features in a fun way and give away free stuff at the same time.

To join the Nxt Blockchain Easter egg hunts and compete for valuable tokens and gifts, follow @OpEasterEgg on Twitter and of course follow the news. New clues will be posted shortly.

(Back to the Index)

 

NXT AE

  • Adel – Update – Response to SEC Release

Adel released a response to a recent SEC release regarding ICO’s from distributed autonomous organizations (DAO’s). Adel will soon have the first KYC/AML/CTF compliant ICO in the world. They have worked diligently with authorities to position themselves as such.

In their own words:

gdusil
[3:08 PM]
The Securities Exchange Commission recently released a statement regarding Initial Coin Offerings related to the DAO and other distributed autonomous organisations (DAO), in general. Here are the details on the recent SEC report, deliberating ICO schemes under the US securities regulations: https://www.sec.gov/news/press-release/2017-131
https://www.sec.gov/litigation/investreport/34-81207.pdf

*Adel’s Response ▲ SEC Release #81207 on the DAO*

To clarify Adel’s market position and future plans for its ecosystem, we felt it prudent to prepare this statement, to differentiate our strategy to DAO-based business models:

▲ Adel is the first ICO in the world to confirm with AML/CTF/KYC regulations (Anti Money Laundering and Counter-Terrorism Financing) including implementation of KYC (Know Your Customer) measures. This legal foundation was crucial to establishing legitimacy to Adel’s future.
▲ Adel is mindful of existing and pending regulations. Compliance has been a pivotal consideration to the architecture of the Adel ecosystem.
▲ Adel continually monitors securities regulations, and we endeavour to align our initiatives with regulatory changes.
▲ Adelphoi (ADL) is a cryptocurrency coin, issued within the legal jurisdiction in the Isle of Man by Adel Ecosystem Limited (a private limited liability company), residing at Salisbury House, 15 Victoria Street, Douglas, Isle Of Man, IM1 2LW.
▲ Adel Ecosystem Limited is registered as a designated business with the Isle of Man Financial Services Authority, which insures AML/CTF compliance.
▲ Adel’s second phase – referred to as the blockchain innovation incubator – has not yet been launched, since it is currently being architected, as outlined in our 10th white paper.
▲ It is the intention that Adel`s second phase will utilize a new Adelshare (ADS) token, enjoying the benefits of a distributed ledger. The legal status underlying ADS tokens will be fully compliant with existing regulations.

 We look forward to their success and hope that the rest of the blockchain space works as hard and as diligently with local authorities to legitimize ICO’s in the global business space.

 

More info

(Back to the Index)

 

  • Bitswift – Update: Bittrex Swap

Last Friday the Bitswift token swap happened on Bittrex.

The swap is a preparation for Bitswift’s Ardor child chain migration.

We welcome Bitswift to our platform and look forward to a long and rewarding relationship.

Bittrex writes:

The Bitswift child chain token distribution will be done as part of the Ardor Genesis Snapshot.

You will be able to use your existing Nxt passphrase to access your new Ardor child chain Bitswift balance.

Ignis Holder Credit:

After calculating the Ignis balance of each account based on NXT and JLRDA holdings, another calculation will be run that allocates 10% of the Bitswift tokens to IGNIS holders based on those IGNIS balances.

Unclaimed Tokens:

All unclaimed tokens will be sent to a public address where they will be reserved by BDA Inc. for those who missed the token swap, as well as to be allocated in a transparent manner to facilitate in the ongoing development of the Bitswift ecosystems. Exact details pertaining to the unclaimed allocation will come at at a later date.

Source

(Back to the Index)

 

  • CORE Announcement

OFFICIAL CORE GROUP ANNOUNCEMENT

With a timely migration to Waves Platform, we now set in place the architecture for Core Group to move forward comfortably with a merger of the two former Assets Core and Core Media

———————————————————————————-

Current Core Asset Supply: 1,000,000

– in public circulation currently are 598,360
– in Core Group Team fund currently are 242,000 (part of these tokens will be used for Core Media asset swap, part will be used for marketing, bounties, partnerships and business development)
– public assets left for sale 159,640.

Core Assets will be swapped at a ratio of 1:1

NXT Asset Id: 18026565504333172181
Issuing Account – NXT-T4BJ-M2B6-9LHP-8YG77

———————————————————————————-

Current Core Media Asset Supply: 478,998

– we have decided to swap only the public Core Media assets in public circulation
– the rest of the tokens have been burned.

Core Media assets will be swapped at a ratio of 10:1

NXT Asset Id: 1584198250936051677
Issuing Account – NXT-T4BJ-M2B6-9LHP-8YG77

This ratio represents the effectiveness of past activities, members and partners, with consideration that CORE is representing the main part of the enterprise.

———————————————————————————-

THE SWAP PROCEDURE

Send your Core and Core Media assets, from your NXT account to the Issuing account NXT-T4BJ-M2B6-9LHP-8YG77 along with a message that contains your WAVES public address.

Please check and double check the WAVES address you provide is correct. There is no way to reverse the transfer of your new Core token if you send us the wrong address.

1,000,000 Core Group tokens have been created on the Waves Platform.

Please swap before September 1, 2017 as we will burn unswapped assets shortly thereafter.

Regards
Core Group
Administration

More information

.

.

.

.

DEVELOPMENT

  • Nxt Hacks – Ardor / Nxt Scripts

The resourcefulness of our community is exceptional. This week we are happy to link you to a GitHub repository where a user, gcmartinelli, has created a quick and dirty script that alerts you in Telegram when the JLRDA tokens are available for purchase. Check out his repo below, you will need the NXT (NRS) server running and the Python Requests Library.

Source

(Back to the Index)

 

  • Weekly Reminder: Getting Started as a Developer

With all the buzz and hype around Nxt, Ardor, and Jelurida, the blockchain space is growing exponentially and we are entering the age of Baas (Blockchain-as-a-Service). Developers for the Nxt/Ardor blockchain are needed and Lior Yaffe introduces how to begin and immerse yourself in the world of the Nxt and Ardor blockchain.

Any eager developers out there looking to learn how to create useful apps and functionality – this is the portal to your journey.

Developers

Source

(Back to the Index)

 

NXT IN THE MEDIA

  • Small Reference of Ardor in Dutch

Small announcement of Ardor in the Dutch newspaper AD that explains the hype surrounding the Ardor to the average, lay person.

ardor_mention

An easy and informative read, in Dutch.

Source

(Back to the Index)

 

PRICE EVOLUTION

      • Weekly NXT/ARDR Price Evolution

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

NXT/BTC

 

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

ARDR/BTC

 

(Back to the Index)

And that is all for this busy week, Nxters. Stay tuned next week for more up-to-date coverage on the IGNIS ICO, the launch of Ardor, media coverage, and much more. For those who cannot wait a week to learn more about the IGNIS ICO, we have our ICO Coverage series running. Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters! See you next week.

Nxt News – August 2017 (I): The Road to Success is the Road Less Traveled, the Shortcuts to Success Lead to Failure

August 2017 (I)

 

Welcome back fellow Nxters, and to our new readers – welcome! Summer is here and we have a lot of exciting news to catch you up on. As always we provide you with the latest relevant and important news in the Nxt community.

This week we provide details about the imminent IGNIS ICO, warn you of a nefarious scam, and much more. You are in the right place to learn about the blockchain space as we provide basic intro information for new readers as well as up-to-date information for our old readers.

NXT COMMUNITY

DEVELOPMENT

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by jagthegr (James), apenzl, rubenbc, jose.


NXT COMMUNITY

  • IGNIS – New Details about the ICO

The IGNIS ICO is less than a week away. Beginning August 5 and lasting over the next month with four distinct batches, the ICO is in its final preparation stages.

The IGNIS token sale and the SEC

The Securities and Exchange Commission (SEC) issued an investigative report concluding that DAO Tokens, a digital asset, were securities. Any sales of digital securities in the US must be subject to US laws as codified by the SEC. The precedent has been set that US securities laws may apply to other offers, sales, and trading of digital assets.

Luckily, IGNIS should be exempt from these laws as the SEC did not say every token is a security. From Riker – Lior Yaffe, Senior Dev at Jelurida IP BV, you read that IGNIS should not be considered a security and thus potential American investors in the ICO need not worry.

From the Nxt forums:

Lurker – How will this effect IGNIS ICO?

Riker – We have legal opinion from two different respectable law firms that the IGNIS token does not represent a security. It is an operational token.

For non-American investors, the SEC rulings are of no concern. Nonetheless, for the blockchain space to truly grow and become global, it will need to have an American involvement and participation.

Source

JLRDA coins will be sold in batches

Doubts have arisen over the distribution of the first round of JLRDA coins (placeholder of the IGNIS coin until Ardor and IGNIS launches), given the possibility that a whale buys the entire amount.

To reduce the risk of a “stampede” in the IGNIS ICO the initial batch of 60M will be phased in 12 equal offers of 5 million JLRDA (Ignis IOU tokens) approximately 12 hours apart from each other to allow for anyone who wants to participate in the ICO to be able to do so.

Riker states:

The issue of a “stampede” on the first 60M batch has been discussed before. It is indeed a likely scenario.

The default transaction sorting order is explain here https://nxtwiki.org/wiki/How_Tx_Processing_Works (section 4)

To reduce the risk of this happening and to allow anyone to participate, we will likely spread the first 60M batch into several different offers, say 12 offers of 5M Ignis published 12 hours apart over the course of the ICO week without announcement of specific block height to prevent taking advantage of phased transactions to skip the queue.

We here at Nxter wish Jelurida and Ignis the best of luck this week.

Source

(Back to the Index)

 

  • Meetups – Riker in London, soon in Berlin

Riker attended the Nxt Roundtable Session on Monday July 31 in London, called: Moving on from Bitcoin: How Nxt Designed the Architecture for Blockchain’s Future Adoption

The talk covered the rapidly-changing technology within the blockchain space and Lior was featured in a cross-industry panel afterward. The meetup appears to have been a success, enlightening many eager attendees about the Nxt ecosystem and the future of the blockchain.

Also, last week we confirmed that Riker will speak at length in Berlin, on August 2nd, about the blockchain bloat problem and introduce the Ardor blockchain platform and the IGNIS ICO in the event: BigchainDB & IPDB: Token ICOs. 

His talk will cover the many benefits of the Ardor platform and explain how Ardor alone is solving the blockchain bloat problem and tie it into the incipient IGNIS ICO.

BigchainDB elaborates:

Lior will explain the blockchain bloat problem and introduce the Ardor blockchain platform which provides a unique and elegant solution to this problem. The talk will cover advanced topics in blockchain technology such as proof of stake, forging, child chains, bundling, pegged chains and archival nodes. Finally Lior will explain the Ignis ICO and wrap it all together.

Source 

Berlin info

(Back to the Index)

  • Fake Tokens Warning

Last week we warned you, dear reader, about some scam tokens issued on the Nxt Monetary System and asked you to be aware when you scroll the currency pages of the NXT client.

There are many new people in our community and scammers take advantage of this and the decentralized nature of the platform by purposely making fake assets that mimic the originals.

Remember that a decentralized platform has no regulatory body. This means that there is no policing force out there ensuring the integrity and the safety of investor assets. It is the responsibility of the investor to perform his/her due diligence before making any move!

A user, confused by the situation proposed a model similar to waves and the community has not been slow in responding in kind about possible implementation of a central authority verifying assets.

Riker, on the Nxt forum:

Who will “verify” these assets? If Jelurida will verify every asset issued on NXT, should Jelurida charge a fee for this? Can someone bribe the Jelurida rep to list his asset by paying him behind the table? Can Jelurida extort asset issuer for listing their asset? And if a validated asset turns out to be a scam, can people sue Jelurida? These Waves validated assets is a bad idea.

Currency names are already unique (asset names are not, we fixed that when we introduced currencies).

But still someone switches a J with an R and people fall for it.

Should we post a warning to make sure the letters in the currency name are not switched? What if people ignore it? Should we post it on blinking Red? What if scammer now switch l with 1 and scam people there is no end to this.

martis:

I fully agree with @riker and waves check mark is a bad idea.
waves team get all responsibility by marking good assets and bad assets.

The Jelurida team has modified the published ICO text to remind investors not to fall victim to any scam. As awesome as our community is there are, as always, rotten people, who wish to make a quick dollar and will cheat and obfuscate the system in order to exploit others. The best we can do is provide highly visible warnings and as a community issue warnings like below to educate and warn as many people as possible.

FAKE TOKENS WARNING

It is possible that fake tokens with similar or the same name created by third parties also appear in other areas of the wallet such as the Asset Exchange or the Marketplace. Due to decentralized nature of the blockchain it is not possible to prevent the creation of such tokens and the Company shall not be held responsible for any losses or damages, or inability to receive IGNIS, arising from users purchasing such third party tokens.

THERE ARE NO PRE-SALES! THE ICO HAS NOT STARTED YET! WHEN IT STARTS, ALWAYS USE THE “IGNIS TOKEN SALE” LINK IN THE WALLET HEADER FOR PURCHASING OF JLRDA TOKENS!

All official information regarding the IGNIS ICO will be published on the Jelurida website. If you receive information from other sources always make sure that it is consistent with this page. In the case of discrepancy between the English text and any translation, the English version shall be considered the official and correct one.

(Back to the Index)

DEVELOPMENT

      • NRS Update – Version 1.11.6

Jean-LucNxt and Ardor lead core developer and a member of Jelurida, has released the latest version of the Nxt Reference Software. The changelog includes the new Jelurida Public License.

This release is a mandatory upgrade. A hard fork will be scheduled at the Ardor Genesis Snapshot block, expected to be set some time after the end of the IGNIS token sale. At that time, nodes running 1.11.5 or older will be left on a fork.

Kristina Kalcheva, Jelurida co-founder, managing director and legal expert, states:

v1.11.6 is the first NRS version released under the JPL.

Future Nxt clones must give 10% to NXT holders.

Note that from this version on, the official Nxt packages and source code will also be hosted under the Jelurida bitbucket repository, https://bitbucket.org/Jelurida/nxt/downloads.

Ignis ICO Page + New Improvements

Full changelog

With the IGNIS token sale beginning August 5th, the Ignis ICO page has been added.

Avoid Asset Exchange-, Monetary System-, and Nxt Marketplace scammers by simply using the ICO page.

Buying NXT is accessible across third party exchanges Changelly and Shapeshift with the newly implemented integrations.

Print Paperwallet

Riker explains:

The paperwallet link is available when you log in using your passphrase and check the “Remember Me” checkbox, otherwise the passphrase in not available for the browser so it cannot generate the paper wallet.

Updated Android Client App

Android ap: https://bitbucket.org/Jelurida/nxt/downloads/nxt-client-1.11.6.apk
sha256 9ec52d8870c7d20acf32e51ff50cf24f2036a6eb9e403ecb98322fb030f51f97

(Back to the Index)

 

      • Technical Roadmap – From Nxt to Ardor

Jelurida released a nice infographic detailing the genesis of Nxt, Ardor and the future to come.

Timeline from Nxt to Ardor

Source

(Back to the Index)

 

      • The Ardor API

The Ardor API, the most important part of the Ardor platform, allows interaction with Ardor nodes using HTTP requests to port 27876. Most HTTP requests can use either the GET or POST methods, but some API calls accept only the POST method for security reasons. Responses are returned as JSON objects.

Most Ardor API are similar to the NXT API described here the changes to existing NXT API are explained in the Ardor migration page Each new Ardor API call is documented below, with definitions given for HTTP request parameters and JSON response fields, followed by an example:

      • The JSON response fields are each followed by one of S for string, A for array, O for object, N for number or B for boolean.
      • In the examples, the Nxt node is represented as localhost and requests and responses are formatted for easy reading; line breaks and spaces are not actually used except in some parameter values. All requests are in URL format which implies the HTTP GET method. When GET is allowed, the URL can be entered into a browser URL field but proper URL encoding is usually required (e.g., spaces in a parameter value must be replaced by + or %20). Otherwise, the URL should be used as a guide to preparing an HTTP POST request using cURL, for example.

All API calls can be viewed and tested at http://localhost:27876/test while the local server node is running. For specific API calls, use http://localhost:27876/test?requestType=specificRequestType.

This document corresponds to Ardor version 2.0.3e.

Source

.

.

(Back to the Index)

 

      • Weekly Reminder: No Handholding – Buyer Beware!

Let’s break it down once again.

marenkar – People entering into cryptocurrency should understand that with independence comes responsibility.

Everyone forgets things, we are only human and our brains are only so big. This week’s helpful reminder is of the non exclusivity of asset names. Scammers are out there and shady people want to defraud you – so verify the identity of the asset issuing accounts you are transacting with and always verify the asset ID before investing your hard earned money on the AE.

PLUS:

if someone issued a promising asset they did probably NOT also isssue an MS coin or a Marketplace goodie with the same name.

From the Nxt forums

riker – Historically there were 3 types of entities used to scam people: Assets, Currencies and Marketplace goods.

Whenever someone creates an attractive entity of one of the types, scammers try to use the other types to scam people or trick them into using a different but similar entity of the same type.

In the past there was sort of protocol that asset issuer followed of issuing asset announcement on the NXT forum and there was even a team of trusted advisers that checked asset issuer and filtered out scammers. This group wasn’t associated with the devs or the foundation though and since this wasn’t a profitable business it was abandoned.

(Back to the Index)

 

NXT AE

  • Janus Update

July Dividend

Our friends at Janus, a Nxt based token, announced that there will only be a dividend distribution upcoming if there is a monthly profit at each of their two profit-sharing casinos. Their financial analysis is now done and here’s their announcement to the community:

ascendus [5:15 PM]:

*FYI* : We have made a small profit on BetterBets.io casino. Profit share will be distributed as soon as bjorn returns from a short trip.

Janus’ dividend history

Janus’ move to the Ardor platform

As announced, the Janus project will make use of Ardor’s upon launch of the Ardor mainnet.

Therefore, Janus, JanusXT, and ComJNSXT trading will be frozen on the Nxt Asset Exchange at the Ardor Genesis Snapshot block. Trading and transferring of the assets on the Nxt blockchain will be disabled, and existing ask/bid orders canceled automatically at that time. From the snapshot until Ardor launch, there will be no way to trade them.

The list of assets to be frozen on the Nxt Blockchain is hardcoded into NRS 1.11.6 and includes:

Janus: 4348103880042995903
JanusXT: 14572747084550678873
ComJNSXT: 13363533560620557665

In addition to becoming tradable on IGNIS, Janus tokens will also be tradable on any other child chain.

Janus Roadmap

ae-Janus-4348103880042995903

.

.

(Back to the Index)

 

  • Adel – Update

Last week was eventful for the Adel community. They announced revisions and updates to their portal and landing page and continue to work with Jelurida in order to be able to upgrade in the near future.

In their own words:

We covered a lot on our mastermind call this week. Here’s a summary:

*Community Portal Update*

We are continuing to improve the Account module with real-time ADL statistics. We will also allow 3 Nxt addresses per account – each address needs to be confirmed and validated.
Collaboration module is in process. We are working with off-the-shelf Wiki software and slack-based forum interface. As an interim solution, we will be using google docs to incubate ideas.
We presented our business process flow that will be used in the collaboration module, as it relates to community, admins and Project Review Committee involvement.

*Home Page Development*

The home page is currently being redesigned with upgraded graphics. We are streamlining the site for future growth and showcasing our community projects.
The back-end is also being upgraded from AngularJS to Angular2, and we will also have an integrated CRM.

*Content Creation*

There are two new video presentations on their way – The first is our presentation at the Bitcoin & Blockchain Conference in Prague in May 2017, with over 700 in attendance. Then we will release part two of our Dutch Banking Presentation held in June 2017.
A video Interview will be scheduled with Brian Donegan from the IoM government to discuss Adel and the potential for project incubation in blockchain. Members have been asked to contribute questions this week.

*Marketing Press & Events*

We are working with Jelurida on our upgrade plans to Ardor in Q1 2018.

Adel has secured a speaker slot at the Bitcoin & Blockchain Conference in Stockholm, Sweden on September 7th, and Adel will also be exhibiting at the Web Summit from Nov 6-9 in Lisbon, Portugal.

Speaker opportunities – please let us know if we can speak at any blockchain events.
Our goal is to attract 300 members by June 2018. How do we attract new members? Help us spread the word about Adel’s incubator. The more members we have, the more expertise will be available to contribute to the idea incubation (I2) and project planning (P2) initiatives.

More info

.

.

(Back to the Index)

 

  • Bitswift – Update and Pitch

Bitswift, the newest member of the Nxt/Ardor ecosystem was approved as an official HP Canada Parter last week! They continue to develop their store and platform as they look ahead to providing their services across Canada.

In their own words

Bitswift Tech Solutions is now an approved HP Canada Partner:
Your HP Canada Partner Agreement Application was approved on 07/27/2017.

Are you still wondering what Bitswift actually is?

User bitswiftbro explains Bitswift and what value they want to provide their clients:

Bitswift is a token with focus set on integrating blockchain into business and into general public.

We will accomplish this through our companies and community.

Our store will bring value in itself to the tokens, but the real value from the store will come from the fact that we will be able to show all the other businesses we work with that “its ok to accept this stuff, and we are here to help if you need”.

Store will initially launch accepting legacy payment options and Bitcoin, once we have all the logistics sorted, we will add Bitswift to it, both as a payment option and a rewards option. 2% discount on everything through the store when paying with Bitswift sounds nice. We have not quite formalized those details yet though, still busy with everything else like getting more partners and distributors on board.

The real value will come from the business relationships we are forming along the way. If our reps are establishing client relationships and building trust, while supporting companies tech infrastructure and making the tech decisions on behalf of the client, it will be easy to recommend to our clients to give Bitswift a try. First we need to get our software to where it needs to be, so that is part of the reason of moving in with Ardor, so we can start building on solid foundations and bring this stuff to the public and start integrating it into business.

– Our target user base will be the general public, not the crypto-currency / blockchain nerds. We will approach them through our companies at a business level, as they are already approaching us with the Bitcoin and blockchain questions.

– Part of the reason to move within Ardor, so we can focus on our application which will add utility and value to our tokens, rather than on the blockchain infrastructure.

Bitswift’s token swap will still occur on Friday, August 11. Exciting times lie ahead for Bitswift and we are happy to continue updating you about them and other Nxt/Ardor based blockchain companies.

Token swap happens on Bittrex @ : Los Angeles (USA – California) Friday, August 11, 2017 at 6:00:00 pm PDT UTC-7 hours
Peterborough (Canada – Ontario) Friday, August 11, 2017 at 9:00:00 pm EDT UTC-4 hours
Corresponding UTC (GMT) Saturday, August 12, 2017 at 01:00:00

Source

(Back to the Index)

 

NXT IN THE MEDIA

      • Ethereumworldnews – Top 5 Cryptocurrencies To Invest For The Moment

On the Ethereum portal, an article was released that documented the hottest cryptocurrencies. Ardor made the list.

The more press Ardor gets the better everyone will be because Jelurida will have more capital to reinvest back into the platoform. The IGNIS ICO is August 5.

Ardor

Dubbed as NXT 2.0 – Ardor is a scalable blockchain platform that natively supports a wide range of features including transaction aliasing, blockchain storage, account management, privacy based coin mixing, voting and built in marketplace creation. However the stand out feature that makes Ardor a truly innovative project is its implementation of child chains.

The introduction of child chains opens up great levels of customisation and enables each child chain (which could be a company, private/ public organisation, institution, group etc) to run its own self contained blockchain ecosystem whilst still benefitting from all the core features of Ardor itself. These features can also be turned on and off as per the requirements of that given project making it a very attractive platform for a wide range of use cases.

This flexibility will truly be a game changer in the crypto space as businesses looking at blockchain solutions will no longer have to choose a one size fits all approach on a shared blockchain but instead are given creative freedom to build child chains that suit their very specific needs and security requirements.

The project has the crypto community very excited and already has a healthy market which is pegged to explode in Q3 2017 when the Ardor mainnet launches.

Source

(Back to the Index)

 

      • Neocash Radio – NXT, ARDOR, IGNIS ICO Explained, by Lior Yaffe Himself!

Neocash radio conducted an interview with Riker as he continues to tour the Continent ahead of the upcoming ICO. Highlights from the interview are below.

Built on the same technology as NXT, ARDOR will operate in a fundamentally different manner. ARDOR will create and maintain a standard full-length blockchain but the functions and features will be limited to security and record keeping. Built on top of ARDOR will be child-chains that maintain pruned blockchains consisting of only the last 24 hours worth of blocks or less. These child-chains will reconcile their transaction balances periodically with the ARDOR parent-chain through bundle contracts. Once a log of the transaction data has been secured on ARDOR the child-chains can then prune older blocks.

It is important to note that the child-chains only store transaction data on the ARDOR parent-chain. All features and functions that do not impact account balances are handled on the child-chain exclusively and can be pruned as needed. Basically ARDOR will keep track of which coins or assets are in which address at this point in time but little more.

The child-chain offers a bundle contract to prospective Bundlers when it is time to add a snapshot to the ARDOR parent-chain. The first child-chain is set to be IGNIS, so in this scenario the manager or operator of IGNIS would offer a Bundler 100 IGNIS tokens to add transaction data to the parent-chain. The Bundler would then pay a fee in ARDOR to have that transaction data added into an ARDOR block. In effect you have a flow of IGNIS tokens out of the child-chain and the consumption of ARDOR tokens for security. The Bundler can then keep the IGNIS or trade it for more ARDOR on the exchanges built into the protocol.

Jelurida is the name of the company that was formed to develop the ARDOR protocol. As part of the launch of ARDOR the initial (ARDR) tokens were distributed on the NXT platform at a ratio of 1 NXT : 1 ARDR. Those tokens will be migrated to the ARDOR platform at the launch later this year. The process will require a hardfork on the NXT blockchain during which ARDR tokens will be locked in their addresses and cannot be moved. Once the process is complete users will be able to log into the ARDOR platform with their NXT credentials and access their tokens.

Listen to the interview

To help fund the further development of the ARDOR platform and child-chains like IGNIS the Jelurida team is holding an Initial Coin Offering where 440,000,000 IGNIS tokens will be sold to the public. The ICO will start on August 5th, 2017 and occur on the NXT platform using the built-in asset exchange functions.

Once the sale has elapsed or completed any remaining unsold IGNIS combined with 500 million more will be distributed to those addresses holding NXT at a rate of about 0.5 IGNIS per NXT.

So even if a NXT holder did not participate in the ICO they would still receive IGNIS.

Source

(Back to the Index)

 

      • Steemit – IGNIS ICO: What are your options?

From Steemit comes a detailed explainer on the options for the IGNIS ICO, including the schedules and batch amounts.

scenarios_small-3.jpg

Source

(Back to the Index)

 

PRICE EVOLUTION

      • TradingView – NXT Entry Levels

NXT like other coins moves in a range. We can draw a horizontal channel between a resistance and a support levels. Short terms trades can be opened when price bounces from the bottom border of the price channel . Stop orders for such trades must be placed below the support level . Profit target should be the top border. If price breaks the resistance level , we'll have a new buy signal with profit target at 0.125000 resistance level .
NXT like other coins moves in a range. We can draw a horizontal channel between a resistance and a support levels. Short terms trades can be opened when price bounces from the bottom border of the price channel . Stop orders for such trades must be placed below the support level . Profit target should be the top border. If price breaks the resistance level , we’ll have a new buy signal with profit target at 0.125000 resistance level .

Source

(Back to the Index)

 

      • 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 rate at Poloniex over the past week

(Back to the Index)

That wraps up the news for the week. Upcoming we will analyze the IGNIS ICO. Stay tuned for 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. We love our community, we would be nothing without you guys/gals!

Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters! Big things are happening and we are looking into providing more original content for you to consume. See you next week!

Nxt News – July 2017 (III): Let’s Build a Strong Foundation and Join Together to Withstand the Tests of Time

July 2017 (III)

 

Welcome back, fellow Nxters! Summer is a beautiful time to enjoy nature – but for us, it is just another opportunity to work hard to provide you with the relevant news of the past week in this concise format. This is also a way for you, dear readers, to inform and educate yourselves about the names and roles of the key players in our community.

As always, whatever your interests and whoever you are, you are in the right place for your comprehensive analysis of all things Nxt and Ardor. Last week was action packed, with many interesting and exciting opportunities presenting themselves.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by jagd, apenzl, rubenbc and Jose, with final edits by Travin Keith.


NXT COMMUNITY

 

The community has spoken.

Here is the original announcement. Here you can find the full list of proposals.

And here are the final results:

Congratulations to our top-3 nominees!

savandra:

and bjorn_blockchain (x2):

Jelurida, heeding the advice of the Nxt Foundation, has selected the final winner, who will be rewarded with 5000 NXT plus a free Nxt Foundation Supporter status – or an upgrade/extension if they are already a supporter.

marenkar (Nxt Foundation):

After a few days of internal discussions, as well as communicating with the designer of the selected design for some modifications, we’re happy to announce that Savandra has won the contest! Congratulations to Savandra and thanks to everyone who participated in this logo design contest. Thanks as well to jose for taking over the logo design contest as well as wolffang who started it  :)

Thank you to everyone who submitted a logo! We value your support and we personally love the great community of Nxters we have. Look at the available logos and see that there is a lot of talent here. There are definitely many skilled designers in this community!

More information

Source

(Back to the Index)

  • SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions’ on Nxt’s Marketplace

Great news Nxters! We have our book, ‘SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions’, for sale for the incredibly low price of $10, or only 150 NXT! The ebook is available here OR on the blockchain through the 100% decentralized Nxt Marketplace.

Selling account: NXT-NG2M-BEGY-CXG5-4N2XD 

Documenting the challenges faced during the birth of the Nxt platform, SNAPSHOT is the incredible account of the rise of Nxt, as told by key Nxters from the community. It is a great read and we promote it because it spreads the message of our platform and educates you as well. A compelling read, full of insight and wisdom for anyone interested in Nxt and decentralized communities, and not least the use cases and smart transactions that will be available for anyone with IGNIS too, when the long-awaited Ardor platform and its globally scalable child chains are released.

(Back to the Index)

 

  • Bitswift to Join the Ardor Platform as a Child Chain

Last week, we learned that Bitswift will be migrating their tokens and their ecosystem over to the Ardor platform as a child chain. This is exciting because it demonstrates the organized and professional interest in Ardor as a blockchain infrastructure. This move is motivated by Bitswift’s desire for security and longevity for their tokens, including taking full advantage of Ardor’s useful API.

Paul Busch, Founder of Bitswift:

Bitswift wants to ensure the security and longevity of their tokens. By migrating them to a secure blockchain infrastructure such as Ardor, the Bitswift team can focus on utility applications for the Bitswift tokens rather than on blockchain infrastructure dealings which is a beast of its own. Through migrating to the Ardor platform we inherit a wealth of options for our tokens, most notable a fully featured API from which we can build out applications to provide extended utility for our tokens.

Lior Yaffe, Managing Director of Jelurida B.V.:

We are excited to see more and more organizations interested in using Ardor. With Bitswift taking the leap and being the first confirmed child chain to join Ignis, we are sure this will encourage others to use Ardor as infrastructure for their decentralized applications, whether as a child chain, an asset, or through one of the many features publicly available on the Ignis child chain.

Paul Busch also announced that he will be giving away 10% of all Bitswift tokens to all holders of Ignis coins, relative to the amount of Ignis coins they are allocated at the time of the Ardor Genesis Snapshot.

However, all funds for this 10% giveaway will come from Paul’s own personal funds. Bitswift does not intend to compete with Ignis as a child chain, but rather to complement the entire platform.

Further customized development will be explored that will not only differentiate the two chains, but also provide the needed customizations that Bitswift requires. Some features will also be disabled due to business reasons as requested by Bitswift.

This is great news for both the Bitswift community and for us Nxters! We welcome Bitswift to our ecosystem and wish them the best of luck and great success in the future!

We’re driven by our passion for open source technologies and their capabilities for cost savings delivered down to the consumer.

Roadmap

Source

(Back to the Index)

 

  • THE CHOICE we all have pending, regarding our NXT and IGNIS 

Well-known member forkedchain, the owner of the largest forging pool on the Nxt Platform, has opened an interesting debate in the Nxt forum before the Jelurida ICO takes place. Will you invest your NXT in the IGNIS ICO or wait for the automatic 0,5 IGNIS per NXT reward when Ardor launch and keep your NXT. And what will happen to Nxt afterward?

Riker, core developer, Jelurida, writes:

As an investor in the ICO you need to balance the following factors:

(1) Don’t buy IGNIS in the ICO – you get less well funded development team and community in the long run and less sell pressure on NXT in the short run

(2) Buy IGNIS in the ICO – you get better funded development team and community in the long run and more sell pressure on NXT in the short run

Since you are reading this, I assume you believe in the NXT development team and the NXT community, if so, go for (2), true, there will be a short term sell pressure while the raised funds are converted to NXT but this is a short term concern. In the long term, a better funded development team and community will be able to hire more developers, invest in marketing and give this wonderful product the attention is deserves.

Surely, when you buy IGNIS in the ICO you’ll get a much better rate than if you just hold your NXT. We’ll publish more information about the ICO terms and conditions as soon as we have it clear with all related entities.

  • If Jelurida is well funded after a successful ICO we will continue to maintain NXT and add to it every feature which we add to Ardor and does not require a parent/child architecture
  • If Jelurida is not well funded then we will focus most of our efforts on Ardor and put less focus on NXT.

TL; DR – The issue before the community is how much long term support (LTS) NXT will continue to get compared to Ardor’s continued evolution and growth. The success or failure of the Jelurida ICO will determine for the development team the value and viability of implementing as much as possible, the functionality of Ardor to NXT.

Your opinion can be expressed by whether or not you buy IGNIS or NXT tokens in the lead-up to the Jelurida ICO. This is an interesting fork that we as a community have reached, victims of our own success.

Source

BREAKING: ICO UPDATE

Jelurida just updated their ICO page with IGNIS ICO pricing and schedule.

More details and coverage will follow shortly… Follow the Nxt and Ardor Platform News.

(Back to the Index)

 

  • Nxt.org – Overview of Main Features

The main website of the Nxt platform has created and launched a new page where they expose and explain the main features of the Nxt blockchain. 

To learn more, have a look at our developers section.

Another quick overview with links to tutorials can be found on https://nxter.org/tutorials

Source

(Back to the Index

 

  • Talk about Ardor in Chiang Mai, Thailand

Last week Nxt Foundation supporters @James Malach (aka coinerz) and @Gabriel Francesch presented a short 15-minute introduction to the Ardor platform in Thailand at a Bitcoin Mixer. They explained Ardor as an open-source project that addresses some fundamental issues in the blockchain ecosystem, such as scalability and ease of customization for businesses. Afterwards they had a Q&A session.

Great job James and Gabriel, spreading the word of our platform across the globe. The more people educated on the many benefits of our platform the better!

@2youmich Lots of people in Chiang Mai are into Ardor. We have a major project being built on the Ardor blockchain too.

coinerz: @2youmich it’s actually been in development for over a year and have been preparing for an ICO using Ardor as opposed to Ethereum. We will release more information after the Ignis ICO. Unlike the vast majority of ICO’s which seem to be either vaporware or hard-to-understand buzzwords strung together into a nonsensical white paper, our product will be almost ready to market and is something that will benefit everybody on a day-to-day basis and help them to earn money too.

Thank you – unlike all these other ICO’s, we’re not looking to raise a huge fortune either. The business model is incredible scaleable and already has multiple revenue streams.

Source and more information

(Back to the Index)

 

  • Ardor Business Case in a Nutshell

Riker, aka Lior Yaffe, one of the Jelurida lead developers, has written a useful executive summary meant for consumption by the general public where the documents what Ardor is and what issues the platform resolves – mainly blockchain bloat, the problem of having to deal with multiple tokens in the context of single transactions, and removing the single point of failure which is the centralized 3rd party cryptocurrency exchanges.

His summary can be read here: Ardor in a Nutshell

The Ardor platform is based on the stable and reliable Nxt blockchain source code which has been running successfully as a public blockchain since November 2013. Every existing function of the Nxt blockchain will be supported by Ardor. For those just learning Ardor, it solves the blockchain bloat issue by allowing for customizable child chains that can be pruned from the main Ardor blockchain. Additionally, every child chain has access to the security and network capabilities of Ardor. We expect disruptions to occur in existing business and fintech paradigms as we push forward our entire ecosystem into the age of the “Internet of Value.”

(Back to the Index)

 

NXT AE

  • Adel – Founders Visits Isle of Man

Last week, the founders of Adel visited the Isle of Man to register the company as a limited liability company (LLC).  Brian Donegan and Gabriel Dusil, the founders, claimed that “cryptocurrency community” could bring jobs to the Isle of Man by functioning as a blockchain tech incubator firm.

They see growth in the blockchain space as a whole, moving away from just the Fintech (financial technology) sector and expanding into others. They cited future prospects in healthcare, government, IoT, and ICT. Adel will take full advantage of the very reasonable tax structure to promote their platform and all things related to distributed ledger technology.

Brian Donegan, head of operations - eBusiness at the DED and Gabriel Dusil, co-founder of Adel, the blockchain technology incubator
Brian Donegan, head of operations – eBusiness at the DED and Gabriel Dusil, co-founder of Adel, the blockchain technology incubator

A technology business using cutting edge blockchain technology could ultimately help to bring jobs to the island, it has been claimed.

Brian Donegan, head of operations for eBusiness and Fintech innovation at the Department of Economic Development, told Business News: ’I think the Adel ecosystem is unique in terms of what they are setting out to do. They are setting out to create a fully compliant business in the digital space, in the crypto space.

The incubator model that have will attract existing digital start-ups to sit inside that incubator but using the particular coins system that Adel have developed and that makes it unique.

We think that in time, all going well, the Adel business can have a presence in the island and that presence could potentially generate some jobs .

If that works for Adel then why wouldn’t it work for lots of other businesses to follow Adel.

In other words we see a potential sector in this space to be developed.’

If you want to read the whole conversation click here

How to Acquire ADL

You can use https://coinmarketcap.com/calculator/ to calculate how much fiat, BTC, ETH, or other altcoins are needed to acquire your ADL.

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

2 – https://Stocks.Exchange (trade BTC or NXT)

3 – https://CryptoDAO.com (trade BTC, LTC, ETH or DASH)

Review their Vimeo channel for videos on how to use the exchanges http://www.vimeo.com/AdelEcosystem

Remember: Bounty programs are also available to earn ADL. If you have a skill in writing, creating video blogs, doing promotions, performing digital marketing, or even if you know someone who can help their community grow, then reply to adel@adelphoi.io for more details on their bounty program, or check out their frequently asked questions: https://adelphoi.io/#faq

 

 

Membership privileges include:

  •  Access to the community modules (except for the Account module which everyone has access)
  •  Vote on projects based on your ADL balance
  •  Submit ideas and become an innovator
  •  Communicate & collaborate exclusively with other members
  •  Incubate ideas (I2) in Adel’s Collaboration module
  •  Collaborate Project Planning (P2)
  •  First choice to be employed in projects (Enterprise Execution, E2)
  •  Buy ADS in future projects
  •  Favorable rates in future community initiatives, purchases, etc.

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

(Back to the Index)

 

DEVELOPMENT

  • [CORE] Bug bounties 3 and 4 have been completed

Last week, we announced two rewards for solving two small bugs in the code. In less than a week they have both been solved. Thank you so much to those who gave their time to assist us with this important, yet tedious matter! Keeping our code base efficient and bug-free is crucial to our success as a commercial platform.

Riker documents the original issues and assigns bounties to those who can help us.

Riker:

Currently when connecting to a remote node for the first time, it’s not uncommon to see a Blue screen displayed for 10-20 seconds while the client fetches the necessary resources.

The purpose of the task is to display a moving progress bar when loading the client until the lock screen is displayed.

There is no simple solution for this because of the way the client resources are loaded synchronously using the nrs.sitebuild.js script.

This synchronous loading is necessary in order to initialize the handle bars components and the localization resources.

The solution can utilize any wide spread web development technique, but not rely on any plugin, and has to work both in browser and in the mobile browser and not break the desktop wallet (which is less affected by this problem).

We would like to offer a 20K NXT bounty for this task.

Riker confirmed the success of the solution provided by a member of the community who has completed the challenge

This bounty has been implemented by forum member blackbeam. Thanks blackbeam!

You can see it in action when connecting to https://162.243.242.8:7876/index.html# (ignore the certificate warning and don’t use this node for anything else please)

Riker: The purpose of this task is to implement an expected next block counter.
Currently we have the generators page which displays the expected next forger and expected forging time.
You will need to implement a next block count down label based on this data in the left pane next to the block height.
Clicking this widget will open the existing generators page.
The code has to be clean and the widget has to look elegant and integrate well with the existing UI layout.

We would like to offer a 5K bounty for this task.

Riker confirmed the success of the solution provided by a member of the community who has completed the challenge:

Challenge #4 has been awarded to user sndurkin. Thanks!

Source

(Back to the Index)

 

  • Weekly Reminder

This week, we wish to remind our community about voting on the blockchain and how you cannot cheat the system. One of the neat features of the Nxt platform is our voting functionality. It has been used by our community since its release in May 2015, has been successfully tested by Russia’s National Settlement Depository, and is also the backbone of the Phased Transactions System.

However, in the recent poll about the new IGNIS logo, which had been set to require a 1000 NXT balance to vote, some clever community members out there might have noticed a potential loophole: what happens when you vote in a poll and immediately transfer the funds from one account to another account before the poll ends?

The answer is yes, you can vote multiple times by doing this BUT it will not matter because the platform validates the accounts only once the poll has ended. All the votes cast by accounts with insufficient balances will be negated. In the example above, only the last account to vote will have its final vote tallied.

Remember, when you vote in a poll, maintain the required balance in the account used for the poll until it ends or you vote will be disqualified!

The original question:

josenxt – What would happen if someone who casted a vote using Nxt’s Voting System, which required a mimimum balance of 1000NXT to take part in the poll, transfers all his NXT to another account before the poll ends? Will their vote still count? Could they vote twice? Could they vote again in the poll and they first vote will disappear?

Riker, one of our core developers, responds:

The balance is checked when the poll is counted so votes which were valid at the time of vote but not at the time of counting will be disqualified

(Back to the Index)

 

NXT IN THE MEDIA

  • The union of Bitswift with Ardor has been mentioned in the media

The momentous news of Bitswift migrating to the Ardor platform made news on The Fintech Times. The article documents, in great detail, the transition of Bitswift from an independent platform to being a premier child chain of Ardor with the original announcement by Jelurida BV, the holder of the IP rights to Nxt software and the Ardor platform.

Bitswift will join Ignis in the first batch of child chains released with Ardor later this quarter.

Bitswift to Join the Ardor Platform as a Child Chain

(Back to the Index)

 

PRICE EVOLUTION

  • TradingView – NXT/USDT Bullish

Source

(Back to the Index)

 

  • TradingView – Ardor in the buy zone – it’s time to invest

Source

(Back to the Index)

 

  • 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)

That wraps up the news for the week. We look forward to welcoming Bitswift supporters to our  platform and ecosystem! Stay tuned for 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. We love our community and we would be nothing without you all!

Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters! See you next week.

Nxt News – July 2017 (II): You Cannot Dream Your Path to Success, You Must Forge It

July 2017 (II)

 

Welcome again, fellow Nxters! Summer is in full swing and we are still working hard to provide you with the relevant news of last week in this concise format.

As always, whatever your interest and whoever you are, you are in the right place for your comprehensive analysis of all things Nxt and Ardor. Last week was action packed, with many interesting and exciting opportunities presenting themselves.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by jagd, apenzl, rubenbc and Jose, with final edits by Travin Keith.


NXT COMMUNITY

 

We asked and you delivered Nxters! The IGNIS logo competition has 29 great designs submitted. Many people have already expressed their opinion and now we have set up a poll on Nxt’s blockchain in order to let the community show their preferences for the logo. We are grateful to the community for their support in participating in this competition. However, we should keep in mind that Jelurida and the Nxt Foundation have the final say. The top 3 logos will be selected in less than 48 hours.

Poll title is “IGNIS LOGO

The poll ID is 1977236085310946157
Sender account is NXT-ZZW7-U2KL-AV2U-8P8FE

In this post you can find a compilation with the 29 options.

The poll will be active until block 1391320 (12th of July, just 48 hours to cast your vote!!!)

You can choose up to 3 options out of the 29 available but you must hold at least 1000 NXT in your Nxt account in order to cast your vote.

The creator of the winning design will be awarded 5000NXT and a free 1 year Nxt Foundation Supporter+ status.

More information

Source: https://nxtforum.org/general-discussion/ignis-logo-lets-create-one-together!/msg233741/#msg233741

(Back to the Index)

 

  • IGNIS ICO will be held on Nxt Blockchain

Along with a shiny new logo, IGNIS will have its ICO in the near future. 

Nxt and Ardor core developer Riker explains some of the technical details:

When Ardor mainnet is launched:
[The] ARDR parent chain tokens will be distributed based on the NXT ARDR asset id 12422608354438203866 balances [on the Nxt Blockchain].  

IGNIS child chain tokens will be distributed as follows:

  • 500 Million based on the JLRDA currency balances sold during the ICOThis will include small amounts of IGNIS already promised through promotions
  • slightly less than 500 Million IGNIS will be distributed based on the existing NXT balances at 2:1 ratio.

The JLRDA currency, most likely, won’t be supported by exchanges, so you’ll have to use the NXT wallet to purchase it and use the same passphrase in the Ardor wallet to receive your IGNIS.

After the mainnet launch, there will be a NXT hard fork which will lock the [Nxt] ARDR asset balances for trading [on the Nxt Blockchain] to prevent scams.

Exchanges will have to somehow replicate this distribution process which won’t be simple.

  • Exchanges which assign NXT account per user can simply connect to Ardor using the same passphrase and observe the distribution balances.
  • Exchanges which keep all balances in a pool will have to follow the distribution process.

We will be using NXT for the IGNIS ICO because we are proud of NXT and we trust NXT more than we trust Bitcoin or ETH and because it is natural for a token based on the NXT technology to use the NXT technology for its ICO. There are also good technical reasons for this which will be explained soon.

Source and more information

(Back to the Index)

 

  • #OpEasterEgg

Oh my, look at all the FREE STUFF we have just lying around. Last week, 5 digital copies of the Nxt book, SNAPSHOT, which is finally going to be listed for sale on the Nxt Marketplace from July 15th onwards, were given away in the Nxt blockchain Easter egg hunt.

Nxters pasted the number above into a Nxt Blockchain Explorer and it finally made sense. Others followed the clue from our last newsletter; made a search for ‘OpEasterEgg’ in the Nxt Marketplace, and found 5 new items for sale for 1 NXT. The name of the item was ‘Redeem Code’, the ‘tag’ it was listed under was ‘OpEasterEgg’. And the item, the Redeem Code, was, in fact, a riddle.

48 hours.

Passphrase:

Success of Nxt is supposed to be achieved by [ … ] 

https://spideroak.com/browse/share/easteregg/Nxt

 

To participants who did NOT manage to find the passphrase in time:

Read BCNext’s Nxt on Nxter.org
or see https://bitcointalk.org/index.php?topic=345619.msg4383169#msg4383169

The missing words, and thus the passphrase, were: work of a LOT of PEOPLE.

We’re glad to see more and more followers of our Twitter account, glad for the blockchain messages, glad to see participants reach out and give each other a helping hand by sharing additional clues, and glad to showcase some of Nxt’s many features in a fun way and give away free stuff at the same time.

To join the Nxt Blockchain Easter egg hunt, just follow the news and make sure to follow #OpEasterEggs.

(Back to the Index)

 

  • NxtWiki – New Page regarding NXT Transaction Fees

There is no such thing as a free lunch but yes, Nxt Blockchain transactions have a fee associated with them, a fee that is sent to forgers of the Nxt blocks. To clarify oft-asked questions, we are pleased to announce a new page on the NxtWiki that is dedicated to Nxt Transaction Fees. All pertinent questions are answered within.

Source

(Back to the Index

 

  • If you do not forge, Nxt dies… – Megalodon Stops the Campaign

No, this isn’t Halo Forge, this is about the cessation of the Forging Bounty established by Megalodon a year ago.

The security and future of Nxt, it’s community, and your investment in it, is at stake here. Please do not just sit on your stake; productively use it for forging!

Lurker10 explains:

If you do not forge, Nxt dies…and your investment also dies.

When the total forging stake gets too low, security of the network is decreased, it becomes vulnerable to 51% attacks.

The total forging stake has dropped to 270 million of the total supply of NXT coins. This is an all time low. Please start forging to protect your investment.

Megalodon:

It is precisely for this reason that I initiated the Forging Bounty back in June 28, 2016.

After running it for over a year and distributing almost 2 million NXT, the result has been disappointing. Instead of seeing an increase, we get a decrease in total forging power. Obviously, this incentive does not work. Hence, I’m cancelling this bounty program.

However, the Lucky Node program run by Lurker10 will continue to be funded until further notice.

A great use of a Raspberry Pi is to host a dedicated Nxt forging node! If you have a Pi sitting around, whimpering about how it is not being used to generate you any money, then we have the solution for you!

Here are the instructions on how to setup the Pi to be a dedicated node.

Also, a great way to support the Nxter Newsletters and NXTER.ORG is to use our forging node.

Arthur explains:

By leasing your NXT balance to us @ alias nxthub1 (acct NXT-NYJW-6M4F-6LG2-76FR5), you support the Nxt network PLUS our work.  

It will cost you just 1 NXT.

Click on your balance in the Nxt Client

> Click Account Leasing

> Click Lease your balance to another account

> Enter account NXT-NYJW-6M4F-6LG2-76FR5 or alias ‘Nxthub1’. Choose max period (default).

Lease.

Nxter Magazine / NXTER.ORG’s forging node is nrs.nxter.org.

Please consider doing so. OR forge with your own account or node. Thanks.

The foundation of the Nxt Blockchain is forging. It is what makes our currency valuable and it is what makes our network strong.

Source

(Back to the Index)

 

  • ARDOR Startpage in Heatnodes.org

Another website displays ARDOR and details how to get started using the platform that you are growing to love on testnet.

Source

(Back to the Index)

 

NXT AE

  • Janus – Summary 

The news of the week would not be complete without an update on Janus. The token created on Nxt continues to update the news of the launch of their social fintech site, TradeMimic.com, and the transactional history of the Janus token on various asset exchanges.

From Bjorn, the marketing director:

bjorn_bb [7:38 PM]

we are discussing potential launch commercials for trademimic.com while development wraps up betterbets.io and etcbets changes and upgrades

Alphonso has a contact in commercial production we may use 

Ideally i’m looking to create something to attract both white collar and blue collar users, so sit tight everyone

I want to surpass all expectations for this business many things are working for us due to having elements from both forex and blockchain

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

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

https://janustoken.com

(Back to the Index)

 

  • Adel – Video Presentation

Adel, another token on the Nxt blockchain, has a created a new video presentation.

In their words:

One of the cornerstones of our community is to produce quality content. Co-founder, Gabriel Dusil, delivered a presentation to a group of Dutch bankers, which has been produced into two 20 minute videos.

 

In the last five minutes, Gabriel shares his previous experiences, selling technology to decision makers who innovate themselves out of a job. Gabriel summarized by saying: “Blockchain will be seen as a threat to a departmental empire, or an opportunity to expand one.”

This presentation is an excellent one to share with your network as it offers the technical basics of blockchain while also providing a long term view of the obstacles and opportunities facing the industry.

We will be posting this video to our social channels today, please be sure to share, retweet and upvote. Your social support does make a difference.

How to Acquire ADL

You can use https://coinmarketcap.com/calculator/ to calculate how much fiat, BTC, ETH, or other altcoins are needed to acquire your ADL.

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

2 – https://Stocks.Exchange  (trade BTC or NXT)

3 – https://CryptoDAO.com (trade BTC, LTC, ETH or DASH)

Review their Vimeo channel for videos on how to use the exchanges http://www.vimeo.com/AdelEcosystem

Remember:  Bounty programs are also available to earn ADL. If you have a skill in writing, creating video blogs, doing promotions, performing digital marketing, or even if you know someone who can help their community grow, then reply to adel@adelphoi.io for more details on their bounty program, or check out their frequently asked questions: https://adelphoi.io/#faq

 

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

(Back to the Index)

 

DEVELOPMENT

 

  • [CORE] Bug bounty 3 – Track loading progress before lock screen is displayed

Riker has offered two rewards in the form of NXT to the person who manages to solve these challenges.

Currently when connecting to a remote node for the first time, it’s not uncommon to see a Blue screen displayed for 10-20 seconds while the client fetches the necessary resources.

The purpose of the task is to display a moving progress bar when loading the client until the lock screen is displayed.

There is no simple solution for this because of the way the client resources are loaded synchronously using the nrs.sitebuild.js script.

This synchronous loading is necessary in order to initialize the handle bars components and the localization resources.

The solution can utilize any wide spread web development technique, but not rely on any plugin, and has to work both in browser and in the mobile browser and not break the desktop wallet (which is less affected by this problem).

We would like to offer a 20K NXT bounty for this task.

Source

(Back to the Index)

 

  • [CORE] Bug bounty 4 – “Time to next block” counter

The purpose of this task is to implement an expected next block counter.
Currently we have the generators page which displays the expected next forger and expected forging time.

You will need to implement a next block count down label based on this data in the left pane next to the block height.

Clicking this widget will open the existing generators page.

The code has to be clean and the widget has to look elegant and integrate well with the existing UI layout.

We would like to offer a 5K NXT bounty for this task.

Source

(Back to the Index)

 

 

NXT IN THE MEDIA

  • World Economic Forum – Realizing the Potential of Blockchain

The World Economic Forum, the international organization for cooperation between private and public entities,  released a White Paper on the importance of distributed ledger technologies and the importance of blockchain technologies, like Nxt, for the next major evolution/revolution to the business world in the internet age.

The paper cites the importance of blockchain technologies as a new global resource and lists Ardor as one of the Top 10 digital assets of 2017.

 

Source

(Back to the Index)

 

  • Doctor Crypto – Ardor, NXT, and Burst information is found here

Crypto-analyst and YouTuber Doctor Crypto recently released a video extolling the virtues of Nxt and the Ardor Platform. Here is his review.

(Back to the Index)

 

PRICE EVOLUTION

  • Steemit – NXT price performance

Steemit writers have offered some nice commentary on the performance of NXT week after week.

In their words:

maximdraws : Hey fellow Steemers, I hope today has been a happy one for yourself. I woke up a little later than usual since I was writing some articles late last night and am finally done with university I gave myself the extra sleep. The crypto markets are playing nicely today, I’m especially enjoying XVG’s performance.
NXT open and close line graph.png
6h: NXT open and close line graph.png
NXT open close on 12hr.png
NXT open close on 12hr.png

Source

(Back to the Index)

 

  • TradingView – NXT, ready for next push

Looks like we turned as aspected, Hopefully now it will gain in strenght and push up to target.
Looks like we turned as expected, Hopefully now it will gain in strenght and push up to target.

Source

(Back to the Index)

 

  • TradingView –  LONG powerful Resistance area for ARDR

Source

(Back to the Index)

 

  • 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)

That wraps up the news for the week. Stay tuned for 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. We love our community, we would be nothing without you guys/gals!

Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters! See you next week.

Nxt News – July 2017 (I): Well Done Is Better Than Well Said

July 2017 (I)

 

Welcome again, fellow Nxters! A new month brings us a new edition of the newsletter.

As always, whatever your interest and whoever you are, you are in the right place for your comprehensive analysis of all things Nxt and Ardor. 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, with final edits by Travin Keith.


NXT COMMUNITY

 

  • IGNIS ICO will be held on the Nxt Platform

From Nxtchat.Slack we are excited to pass you this information:

jean-luc [1:46 PM] in #trading:

The ICO will be conducted on the Nxt blockchain, therefore one needs NXT coins to participate in it. Those who want to participate in the ICO should better not be dumping NXT now.

It is intentional that users need to buy NXT in order to participate, this should help maintain the price. It is simpler to define the price relative to NXT and there is enough volume now to allow also selling the collected NXT.

Other coins will be accepted only via Shapeshift and Changelly, as integrated in the wallet. No BTC except via in-client exchange.

I believe Jelurida will provide an open public node so that users don’t need to install the client locally.

Also, from riker [11:05 AM] in #general, this FYI:

When a programmer tells you Q3 it is usually a code word for mid to end of September.

(Back to the Index)

 

  • Nxt Foundation in Money 20/20 Europe

The fearless Marketing Director of the Nxt Foundation, Travin Keith, recently returned from his trip to the Money 20/20 Europe Expo.

Nxt Foundation joined the Linux Foundation and Hyperledger, a project of the Linux Foundation, in order to grow our brand and expand the influence our platform and blockchain technology. Travin had some productive days in Copenhagen mingling with important people and drinking beer. You know his priorities are in the right order!

Looking sharp Travin

Remember the supporter program that the Nxt Foundation has, the brainchild of Travin?

Travin together with with Hanna Zubko of IntellectEU and Marta Piekarska of Hyperledger

The Supporter Program launched in early 2017 with the explicit purpose of creating a source of regular funding for the activities of the Nxt Foundation to better promote the use of Nxt and Ardor blockchain technology.

Growing our community requires full-time work and we are indebted to the many hours of work Travin and many many others put in for us. Supporters help greatly in this initial stage. Becoming a supporter of the Nxt Foundation also comes with numerous 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 Nxt Foundation is grateful to its supporters, being one is not a sign of endorsement from the Foundation.

Travin Keith states:

If you would like to be a supporter, please fill out this form on our website with all your details.

Source and more information:

https://www.money2020europe.com/

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

(Back to the Index)

 

  • #OpEasterEgg

Hint: Try searching the Nxt Marketplace.

Also, there are some free beer vouchers still left in this account.

(Back to the Index)

 

NXT AE

 

  • Janus – Summary 

Bjorn, the Marketing Director of Janus, who last week announced that he is devoting 100% of his time to Janus and launching TradeMimic.com has this quote, which should be no surprise to those who follow the Weekly News:

The house on both etcbets.com and BetterBets.io got killed this month.

These sites will always be xfactor businesses. Some months awesome some red. Recently some larger players moved into etcbets.com which is great but they are also mostly in the positive. However, this is why it’s important we continue working on our mainstream sites to push the subscription and sales revenue which in time is much more regular and less chance based.

The divs monthly are provided when there is profit and canceled when there is an overall net loss. This monthly period from the current two sites that are profit sharing, we had a net revenue loss from players winning more than the sites profited.

In the near future when business revenue stems from several industries things should progress more naturally financially as long as our sites see the success we hope as a team and company to achieve.

Best regards,

The Janusproject Team

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

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

https://janustoken.com

 

 

(Back to the Index)

 

 

  • Adel – First Members-Only Mastermind

News of the fast evolving world of blockchain takes us to Adel and the Adel ecosystem.

From Adel, we have this message to their members to share about the first members-only meeting that is coming up.

Hello,

What a week in crypto!  Although the markets have taken us on a wild ride, one thing is sure: The Adel Ecosystem is here to accomplish its mission, regardless of market volatility.

ADL Membership Rate Reveal

Throughout the Adel ICO, ADL membership was paired to Bitcoin. We are announcing our membership rate of 64000 ADL.

This rate will be locked in for the foreseeable future, and must be maintained to retain membership. If ADL dips below this rate, you will have 7 days to top-up and maintain your membership status.

First Members-only Mastermind

Top up and reserve your spot, at our first members only meeting on Monday, July 3rd at 20:00 CEST (18:00 GMT and 14:00 EST).

If you have bought enough ADL, to receive your community membership invite, please reply to the email you got with screenshots showing proof of your ADL holdings.

6 New Videos

https://vimeo.com/AdelEcosystem

This past week we have posted six new videos to our Vimeo Channel.  Video is a great way to get to know us.  Follow our channel and share videos with your social friends and followers.

If you have suggestions on what videos you’d like us to create, please let us know!  We want to know what’s important to you.

Thanks for your continued support and engagement.

Despite the volatility present in the crypto markets, new frontiers and new ideas abound. We wish them their continued success.

 

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

(Back to the Index)

 

  • SCAM ALERT: Beware of Fake ARDR Assets on #NxtAE

Nxt users, someone wants to take advantage of newcomers to steal your money. There are false assets out there, including a false ARDR asset. These underhanded tactics are designed to prey upon the naivete of newcomers.

Be cautious and be careful. There is little or no safety net when you trade in a decentralized environment.

In order to keep your NXT secure and trade safely, please follow our handy tutorial on the asset exchange. In it, we explain the Nxt Asset Exchange and how to keep yourself safe from scammers and miscreants. Please ensure your familiarity with the AE in order to keep yourself and our community safe and welcoming of our ever-growing user base.

The ID of the TRUE Asset ARDR is 12422608354438203866.

To prevent fraud always check the asset ID and confirm that it matches what we have listed.

 

 

(Back to the Index)

 

 

  • Transactions sent to the Ardor issuer account by mistake

Attention Nxters! We have important information regarding users who sent Ardor assets to asset issuer account NXT-FQ28-G9SQ-BG8M-6V6QH.

Riker states:

Regarding users who sent by mistake Ardor assets and NXT to the Ardor asset issuer account NXT-FQ28-G9SQ-BG8M-6V6QH see https://nxt.org/buy-ardor-asset/

As already discussed this account is under account control by the Genesis account which has minus balance and is therefore locked for outgoing transactions. Therefore we cannot currently release these funds.

On the next hard fork, scheduled for the time of the Ardor distribution, we will implement the following changes to release these funds:

1. For Ardor assets – we will revert all incoming Ardor asset transfer transactions so that these assets will be returned to the sender. In most cases the sender is an exchange account, users will have to make sure the exchange from which they sent the transaction will reimburse their account.

2. For locked NXT – we will remove the account control from this account and manually reimburse NXT locked in it, users who sent these transactions from exchanges should provide convincing evidence that they are indeed the original owners of the locked NXT.

(Back to the Index)

 

DEVELOPMENT

 

  • Changelly Integration coming soon to the NXT wallet

Exciting news from the development front. Riker, one of the lead devs on Nxt and Ardor of Jelurida, has this to say:

The NXT wallet already supports exchange to and from NXT using ShapeShift.
Soon we will release similar integration with Changelly.

Menu item


https://drive.google.com/open?id=0B6CzL2REgWiMVDZsMG1UR0xhUU0

Changelly Page


https://drive.google.com/open?id=0B6CzL2REgWiMWHNkYUpvUTBEaU0

Sell NXT
https://drive.google.com/open?id=0B6CzL2REgWiMQ3BlZkJFODF0Mnc

Buy NXT


https://drive.google.com/open?id=0B6CzL2REgWiMQ1pRYzRYSTRkMkE

Changelly Transaction Data
https://drive.google.com/open?id=0B6CzL2REgWiMYUFoQVVBNHBJS3M

Source: https://nxtforum.org/general-discussion/changelly-integration-coming-soon-to-the-nxt-wallet/

(Back to the Index)

 

  • Ardor Testnet Reset

As we continue to grow our platform, the developers have stated the need to reset the Ardor testnet to a new Genesis block that will incorporate new features documented in last week’s issue: smart phasing and asset increase.

Riker:

Folks,
Just a warning for now, at the next release of Ardor 2.0.4e, we will reset the Ardor testnet to a new Genesis block which will include a snapshot of the NXT testnet aliases, currency names and account properties and also enable the new features like smart phasing and asset increase.
Not sure yet about schedule, just wanted developers to be aware of that.

(Back to the Index)

 

  • Weekly Reminder

We are one week removed from our inaugural launch of the “Weekly Reminder”.

As our user base grows, we will continue to be asked questions that we have already answered in depth. This new section is dedicated to the technical side of our platform.

No patience downloading the Nxt blockchain?

martis [7:10 AM]:

You can find a Nxt blockchain snapshot, dated November, 2016, at the bottom of this page: https://nxtportal.org/resources/

But you can also run Nxt client in lite mode, so you don’t need blockchain at all.

Lurker10:

In the Nxt client.
https://nxtforum.org/nrs-releases/nrs-v1-11-5/

Activate Lite mode, and blockchain will not be downloaded, very little bandwidth consumed.

a) Unpack Nxt client if you use the zip link or install if you use the installer.

b) Locate directory nxt/conf.

On Windows it is here: C:\Users<UserName>\AppData\Roaming\NXT\conf

Mac: ~/.nxt/conf

Linux: /conf folder under the root installation

c) Create a text file nxt.properties in this directory with a single line:

nxt.isLightClient=true

start the Nxt client and it will not be downloading the blockchain.

If you are not running (and forging with) the full Nxt Client, you should consider leasing your NXT balance to a forging hub.

As everyone needs a refresher every now and then, this week we decided to refresh your memory on activating lite mode before running the Nxt Client.

Last week’s newsletter had vital information about BTC and fiat pegged child chains on the Ardor Platform.

 

(Back to the Index)

 

PRICE EVOLUTION

  • TradingView – NXT One More Wave

NXT could reach target 11000 on next push.
NXT could reach target 11000 on next push.

Source: https://www.tradingview.com/chart/NXTBTC/rBvCmz0g-NXT-one-more-wave/

(Back to the Index)

 

  • Trading View – NXT/BTC Breaking Triangle

Hello Traders!! Once NXT moves out of triangle we can expect it to move up .Ideal entry would be to wait for candle outside triangle TP1- 0.00007136 TP2- 0.00007500 TP3- 0.00008000
Hello Traders!! Once NXT moves out of triangle we can expect it to move up. Ideal entry would be to wait for candle outside triangle TP1- 0.00007136 TP2- 0.00007500 TP3- 0.00008000

Source: https://www.tradingview.com/chart/NXTBTC/uqKCjWnI-NXTBTC-LONG-Breaking-Triangle/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

(Back to the Index)

  • Trading View – ARDR making its way 14,000

Broke from falling wedge and seems to be following support/elliott wave, albeit slowly given the market conditions. Just my best guess for the moment. Holding long so won't be aiming for hitting the swings. First time taking a stab at charting, would appreciate any feedback!
Broke from falling wedge and seems to be following support/elliott wave, albeit slowly given the market conditions. Just my best guess for the moment. Holding long so won’t be aiming for hitting the swings. First time taking a stab at charting, would appreciate any feedback!

Source: https://www.tradingview.com/chart/ARDRBTC/2z6lHfgE-ARDR-making-its-way-14-000/

(Back to the Index)

 

  • TradingView – ARDR uptrend intact, ready for a run?

Bounced off 8,000 or so, potentially trending back up from here? Looks like it could go 14,000+. Publishing this just to put it out there and get some thoughts. Holding long, especially with the Q3 release coming up. Not a chartist by any means. Thanks and good luck all!
Bounced off 8,000 or so, potentially trending back up from here? Looks like it could go 14,000+. Publishing this just to put it out there and get some thoughts. Holding long, especially with the Q3 release coming up. Not a chartist by any means. Thanks and good luck all!

Source: https://www.tradingview.com/chart/NXTBTC/rBvCmz0g-NXT-one-more-wave/

(Back to the Index)

 

  • 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)

Happy Summer, and for our American audience, happy Fourth of July!

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! See you next week.

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!

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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! 🙂

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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_

(Back to the Index)

 

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/

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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.

(Back to the Index)

 

  • 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/

(Back to the Index)

 

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.

(Back to the Index)

 

  • Tommy World Power: My Top 10

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

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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.

(Back to the Index)

 

DEVELOPMENT

  • Nxt Blockchain – Full Changelog

changelog-full

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

 

(Back to the Index)

 

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 – 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

(Back to the Index)

  • 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

(Back to the Index)

  • 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

(Back to the Index)

  • 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

(Back to the Index)

  • 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

(Back to the Index)

  • 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

 

(Back to the Index)

  • 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.

 

(Back to the Index)

  • 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.

(Back to the Index)

 

  • 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/

(Back to the Index)

  • 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

(Back to the Index)

  • 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/

(Back to the Index)

 

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

(Back to the Index)

 

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:

(Back to the Index)

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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/

(Back to the Index)

 

  • 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

(Back to the Index)

 

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

(Back to the Index)

 

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/

(Back to the Index)

 

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/

(Back to the Index)

 

  • 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)