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

June 2017 (IV)

 

Welcome again, fellow Nxters!

Whatever your interest and whoever you are, you are in the right place for your comprehensive analysis of all things Nxt. Last week was eventful, with many interesting and exciting opportunities presenting themselves:

NXT COMMUNITY

NXT AE

DEVELOPMENT

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

We need your assistance Nxters! One of the best aspects of the Nxt community is our amazingly dedicated members. Wonderful members have been working on the creation of a suitable logo for IGNIS, the first child chain to be issued on the Ardor Platform. Our unstoppable Ardor forging platform needs a suitably awesome and iconic logo for the first child chain.

With that in mind, we have a new incentive, a bounty if you will. Excerpts of the framework are as follows:

Marenkar:

A couple of notes (…) after speaking with some others:

1) We would need the logo icon to be able to work when squared, as in being put in a frame with four equal sides. Sorry for not stating this earlier.

2) The word “IGNIS” is not required to be part of the logo, but it can be there.

Bounty

The designer of the selected entry will receive for their efforts 3000 NXT, which is about 500 USD with current exchange rates.

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

(Back to the Index)

 

  • The Nxt Giveaways Continue

Easier hunt this week, 30 redeemable beer assets hanging on the blockchain to celebrate life, summer and the raising awareness of Nxt and Ardor, released for you at block height 1364704.

Not planning a visit to Copenhagen? You can transfer the asset to a friend instead.

INT. KATE’S JOINT, COPENHAGEN N – EVENING

First NxtBeer claimed, redeemed for an ecological pilsner from Ørbæk Brewery.

A new Easter egg hunt starts this week, and of course, takes place on the Nxt blockchain. Actually, can any other blockchain offer its users the ability to set up a treasure hunt via its Client GUI? To get access to the Eastereggs Nxt account and to learn about the hunts, read backIs there a nicer way to learn about Nxt and Ardor child chains?

Nxters, please help spread the word, plus follow https://twitter.com/OPeasterEggs.

Now get to work, Travin! 🙂

(Back to the Index)

 

  • NXT and Ardor Available in Payza Exchange

The Payza Exchange continues to grow the list of altcoins accepted as deposit options on the exchange, and this includes Nxt and Ardor. Cryptocurrencies continue to grow and gain mainstream acceptance. This is significant for us because it means that it will be very easy for Payza and other exchanges to add any asset of Monetary System that is issued on the Nxt or Ardor blockchain.

Members in most countries can now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza.

Recently, Payza announced full Bitcoin support. Now, Payza has added altcoins as a deposit option, letting verified members sell the most popular Bitcoin alternatives. Over 50 different altcoins can now be exchanged with Payza, the full list can be found by accessing the altcoin deposit option within your Payza Account.”

“In the future, Payza members will also be able to buy altcoins, similar to how they can currently buy Bitcoin from Payza.

Source: https://blog.payza.com/payza-updates/announcements/exchange-ethereum-ripple-litecoin-more-sell-altcoins-payza/

(Back to the Index)

 

NXT AE

  • Janus – Summary & TradeMimic

Bjorn, the marketing director of Janus, has announced that he will now put forth 100% of his energy into Janus’ business work and to kick off TradeMimic.com.

Hello everyone, recently our team had a meeting (which we do almost weekly). This one however, focused on the priority of work and business direction.

The past 5-6 weeks I’ve been working on a side project for both the Janus and Ethereum classic community. I believe that it’s very helpful for our future growth and opens many doors and new opportunities for JNS investment.

The one drawback in our timeline is there is simply too much work with regards to upcoming business for me to finish, package, launch, and market the project I’ve been consumed with the past weeks. We identified the overwhelming need to focus much harder on our business work instead.
So from this point, the work I’ve been doing which expanded our blockchain presence, will be put on hold until 4 things that take priority over it are completed. This will actually benefit the side project and overall health of potential success in business and meeting timelines in a much better fashion.

So at this point we have basically

1. Wrap up etcbets.com little issues.
2. Upgrade BetterBets to new framework and games.
3. Finish content scraper site while testing potentially 1-2 new developers. (This is a side business that may or may not feed back to Janus tokens depending on their success rate)
4. Focus entirely on the creation, marketing, and launch of trademimic.com

Work and Janus team focus will be in that order, holding company creation should fall somewhere between action items #3-#4

Thank you for understanding, in my ambition sometimes I can become nearsighted to business need. And it was my team who reminded me of value focus before anything else. So big thank you to @ascendus @lobos and @almo3ree23

That, Nxters, in my humble opinion, is will, insight and showing respect towards one’s ecosystem at its highest.

Dividend incoming

In case you hold JNS on exchanges, remember to have your Janus tokens in your Nxt wallet or on Stock.exchange by July 1st to receive Janus profit sharing.

Sporting Janus 

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

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

(Back to the Index)

 

  • Claim your Adelphoi Tokens!

Adel, the forward moving blockchain incubator recently ICO’ed their Adelphoi (ADL) token and raised more than a million Euro. The Nxt based ADL token gives voting rights to individuals (members) that hold more than 2BTC equivalent (1BTC for initial investors).

ADL is trading on the free and decentralized global Asset Exhange as well as on Stocks.exchange, and the Adel team and community is currently working on getting ADL listed on more exchanges. The distribution to initial investors is ongoing.

Claim now

gdusil:

Over 200 Stakeholders still need to get their ADL coins. Reminders have been sent to confirm + validate your account if you haven’t done so already. Here is the guide, in case you missed it: http://dusil.com/2017/06/11/adel-community-nxt-address-token-generation/

Members only livecalls

We have over 25 project submission ideas and voting members are now being offered monthly live calls (to dial-in by audio or video) to give you updates on Adel, and hosted by top minds in business, blockchain and crypto. The goal is to establish a process for new idea submissions and to educate you on best practices for business planning, promotion and incubation.

Our first members only meeting is scheduled for July 3, 2017 at 20:00 CEST (UTC +2).

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

(Back to the Index)

 

  • NXT Asset Silvercoin – ICO Begins

Silvercoin’s ICO went live on June 21 and runs until July 19. No bonus for early birds to miss as the price of Silvercoins (SVC) is fixed at a 0.00003 BTC equivalent per coin during the crowdsale. Purchases can be made with NXT, BTC, credit cards, bank transfers etc.  

Silvercoin’s creators proclaim in their whitepaper that the asset will “Solve the main problem facing independent website owners while solving the main problem facing the planet at the same time.”

Don’t take our word for it, here is an excerpt:

Those problems are named as Lack Of Website Monetization and Centralized Information.  

The solution is SilverCoin, the universal web monetization and community engagement platform that rewards you for sharing information and enabling others to do the same.  

It’s based on the Proof-of-Change (POC) protocol, where the more information you share and the more people you reach… the more you earn, and the more you change the world. With the result being an exponentially growing global peer-to-peer decentralized web information network.        

This Proof-of-Change crypto-affiliate protocol is incentivized by a blockchain-secured deflationary  rewards structure, which offers a truly equal opportunity to all people.

Another blockquote explains how the team will utilize Nxt/Ardor:

SilverCoin will initially be built using a modular integrative design that utilizes the best technologies currently available.

The three major technologies to be integrated into SilverCoin’s POC protocol (NXT, PAP, SMS) are all real world tested, arguably the best in their field and all are built around API’s and Plugins and are specifically designed for integration.

NXT was selected as the core blockchain tech for SilverCoin because in addition to the secure blockchain it provides many others features required by SilverCoin, including a decentralized asset exchange, marketplace, voting and cloud storage.

By using NXT/Ardor, our blockchain is maintained, secured and upgraded by some of the most-qualified blockchain devs on the planet, the NXT team.

Post Affiliate Pro (PAP) is the top affiliate tracking software available today. It contains multiple levels of tracking such as Browser cookies, HTML5 cookies, Flash cookies and IP address tracking. It provides lifetime and multi-level commissions, as well as multilingual support, banner ads, a secure dashboard, encrypted commission tracking and detailed reporting. It’s also a one-time cost for a lifetime license with continual updates and it comes with full dev. support, pay as you go and is designed for platform integration.

SMS verification provides an effective and low cost method to authenticate users at signup by having them verify that they are a real person, which is an essential internet-independent component in negating sign-up fraud. 

But what gives Silvercoin its value, one could ask? At first glance, it appears as if their method is building a viral marketing network around their asset and having a paid “SilverPlan”.

From the whitepaper:

[A] major aspect of SilverPlan is the Marketplace where you will be able to exchange your silvercoins for products and services. The 2 products planned to roll out first will be silver bullion coins and affordable website design packages.

SilverPlan will also include advanced video series on marketing, trading and wellness. In addition, it will act as a bridge connecting the Internet to Maidsafe’s Safenet. SilverPlan will require it’s own whitepaper before development begins.

So, it seems they want SVC to become a coin with real value inside the ecosystem they build. Maybe the way to obtain changes in this world really is by giving people the tools, as humans, no matter who they are, to become damn cool marketers and work together as a decentralized force in a fight for spreading truthful non-governmental approved information throughout the world. Incentivized by SVC coin bounties, and a building urge to learn more, do more, grow, help others grow, become the breathing outreaching starfish to be named: Proof. Of. Change.

The setup seems unorthodox, to say the least. Unfortunately, we have not yet had a chance to interview the creators behind the project and coin offering. Anticipate us doing so very soon!

SVC can be bought on the Nxt Asset Exchange with NXT and from c-cex.com with BTC, at your own risk.

Source and more information:

https://silvercoin.io/

https://www.nxter.org/ae

https://c-cex.com/?p=svc-btc

(Back to the Index)

 

DEVELOPMENT

  • Smart Phasing with Ardor

Nxt “Phasing” is the ability to split a Nxt transaction up into 2 phases (broadcasting it > executing it) and to set multiple conditions (up to 10) before the transaction is executed.

Riker announces that Phasing will be even smarter on Ardor:

To support more advanced phasing logic, we now added to Ardor the ability to create “Composite” voting models.

A composite model defines the voting models building blocks and the logic to bind them into an “Approve” or “Reject” decision.

The composite model supports the AND (&), OR (|) and NOT (!) logical operators and defines an expression which applies these operators on a combination of simple voting models.

Examples:
Using a NOT operator, allows you to setup a “dead man switch” so that funds are transferred to another account only in case an account did not approve this transaction until a certain height i.e. the account owner is assumed dead.

Using a NOT and AND operators, you can define that a transaction is approved at certain height only if none of the accounts in the whitelist has voted against it.

You can also define more complex conditions like approve a transaction only in case an account from a whitelist (i.e. a regulator, manager, judge etc) has approved it OR an account holding a certain number of tokens approved it i.e a user a stake holder etc.

The feature is not yet on testnet. Credits goes to petko for developing the server side logic.

Source: https://nxtforum.org/general-discussion/introduction-to-smart-phasing/msg233226/?topicseen#msg233226

Links:

https://nxter.org/tutorials
https://www.linkedin.com/pulse/why-nxt-great-1-phasing-bas-wisselink

(Back to the Index)

 

  • Weekly Reminder

This new section is dedicated to the technical side of our platform.

We are often asked questions about Nxt, Ardor, IGNIS, and blockchains that have been previously answered. So, just in case you have forgotten, or in case you are brand new to this scene and want to easily and efficiently learn to become a Nxter – a very sacred community – we present to you the inaugural section of the Weekly Reminder. 

About BTC and fiat on the Ardor Platform

From Riker, a platform core dev for both Nxt and Ardor:

We are working on an Ardor child chain pegged to BTC where the peg is ensured by a 3rd party business such as crypto exchange. You’ll be able to convert “real” BTC to child chain BTC at 1:1 ratio and then exchange these BTC using the on blockchain coin exchange to Ardor or Ignis or you’ll be able to trade existing assets directly against these child chain BTC so that asset price is denominated in BTC.

Similarly we are planning an EUR pegged chain and perhaps also a USD one.

 

Last week’s newsletter had vital information about our genesis and ICO. Like tokens on our platform, news travel very fast and it is easy to forget what the important basics that make up the foundation of our platform and our success are.

(Back to the Index)

 

PRICE EVOLUTION

  • TradingView – NXT Cup and Handle Pattern (Possibly Down)

Jun 18 when i was re create my chart of nxt change it to per day. i found that NXT it's look like a handle and cup pattern. so i try to figure it out what price it should be the benchmark. from my perspective i would take 0.0000585 and 0.00004322 Feel free to comment ! Note : STR 1.17% Give away will be held at 27 june this month. it will surely effect to the market. Jun 19 Comment: Resistance at 7k Jun 19 Trade active: Resistance broke. Trading active Fasten your sit belt see you on the moon ! TP at 0.000011xx
Jun 18 when i was re create my chart of nxt change it to per day. i found that NXT it’s look like a handle and cup pattern. so i try to figure it out what price it should be the benchmark. from my perspective i would take 0.0000585 and 0.00004322 Feel free to comment ! Note : STR 1.17% Give away will be held at 27 june this month. it will surely effect to the market. Jun 19 Comment: Resistance at 7k Jun 19 Trade active: Resistance broke. Trading active Fasten your sit belt see you on the moon ! TP at 0.000011xx

Source: https://www.tradingview.com/chart/NXTBTC/wz2XX9eE-NXT-Cup-and-Handle-pattern-possibly-down/

(Back to the Index)

 

  • TradingView – NXTBTC Buy Set Up

Source: https://www.tradingview.com/chart/NXTBTC/ebMddT2R-NXTBTC-Buy-Set-Up/

(Back to the Index)

 

  • Trading View – ARD we Missed the Plane but

Jun 19 ARD we Missed the Plane but We Have 2 Trades Short Trade Buy Limit @ 0.00009339 Target=0.00011344 Gain 20 % Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 % We recommend Capital Management We ask Allaah to reconcile and repay Jun 20 Trade active: We ask Allaah to reconcile and repay Jun 20 Comment: Move Short Target to 0.00011144 Jun 20 Comment: active and gain profit Direct alhmdllah Jun 21 Trade closed manually: Close short Trade @0.00010720 Gain 15 % alhmd llah Jun 21 Comment: Sec Buy Still Limit Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 %
Jun 19 ARD we Missed the Plane but We Have 2 Trades Short Trade Buy Limit @ 0.00009339 Target=0.00011344 Gain 20 % Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 % We recommend Capital Management We ask Allaah to reconcile and repay Jun 20 Trade active: We ask Allaah to reconcile and repay Jun 20 Comment: Move Short Target to 0.00011144 Jun 20 Comment: active and gain profit Direct alhmdllah Jun 21 Trade closed manually: Close short Trade @0.00010720 Gain 15 % alhmd llah Jun 21 Comment: Sec Buy Still Limit Sec Buy Long Buy limit @0.00007732 Target = 0.00015257 Gain 100 %

Source: https://www.tradingview.com/chart/ARDRBTC/HWBxoODN-ARD-we-Missed-the-Plane-but/

(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)

And that is it for this week!

Stay tuned next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space. Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters!

Alphonso Morris Q & A

Source: nxtchat.slack #qu_answers

Thursday May 18th starting 1pm – 2:30 pm eastern standard time


ascendus
On behalf of Janus Team, thank you for showing up.
Moderation will be performed by @marenkar !

marenkar
Welcome everyone to the QA with the newest member of the Janus team, Mr. Alphonso Morris Jr @almo3ree23! I have personally verified his information to be accurate based on several techniques to prove identity. Without further ado let’s get to the questions. Please remember, we need to screen questions first so please post your questions to #janusproject. If they are approved, I’ll ask them here with a tag to you.

I have some questions to get started but will be checking #janusproject regularly. To start things off, here’s the first question:

Who are you and what is your career experience?

almo3ree23
My full name is Alphonso Morris Jr.
I’m 51 yrs old. I was born in Philadelphia PA and currently live here.

http://linkedin.com/in/alphonso-morris-jr-b8a21170

marenkar
Philly sounds like a great place!

almo3ree23
It’s a great city.

I have several years of experience in various fields not as much in the Crypto / Blockchain world more so in the fields of Photography, Event Planning & Promotions. Public Relations Director, Artist Management, Personal Assistant, Music & Television for over 20 yrs.

marenkar
A lot of people on #janusproject are asking, how did you meet the Janus team?

almo3ree23
It’s a funny story….. I met Bjorn’s wife at an event, I was working in Bethlehem PA, there’s a Casino built on the site of the famous Bethlehem Steel Co. I met her a few years earlier. She wanted me to meet her husband for years.

She happens to drag him out of his cave for a little R&R. After the show, we met for drinks and hit it off. It didn’t take long for us to connect and discuss life, family, work etc. Louis & Robert [also from the Janus team] I met later.

marenkar
That’s awesome! Nice to know that there’s a good personal relationship as well.

almo3ree23
They’re a great team to work with.

marenkar
@crowne asks: Is Nate Morris from Boyz II Men your brother by blood relation?

almo3ree23
Yes he is
Yes he is my little brother, we’re five years apart, and I can still beat him lol

marenkar
Haha good to know! 🙂

Alright, another common question on #janusproject is – “What ways will you help the Janus team expand grow as both a team and future company”?

almo3ree23
Explaining how good something can be to others is easy when you have a team & product as good as this. We’re 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.

marenkar
Sounds great! Looking forward to seeing what you can do with Janus.

We have another question as well from @merk: given your association with Boyz II Men – “Who is the most influential person you have ever had the privilege of meeting”?

almo3ree23
Niece, 1998, The World Music Awards, Royal Yacht Club. Its me Ant, Stevie Wonder, his assistant and Prince Albert Of Monaco. Having a conversation about being royal. Needless to say, we were all bent…. out of our faces…

marenkar
That’s pretty awesome!

almo3ree23
Oh and Salt&Peppa were there as well!

marenkar
Question from @qiwoman – “What advice do you have for potential investors looking at JANUS”?

almo3ree23
I joined the team two months ago and my observation of Janus is that it’s a solid company. They have good direction, good products, dedicated to their investors and their brand. Janus is also growing exponentially.

marenkar
Another question that is being asked regularly on #janusproject is “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?”

almo3ree23
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 I’ve worked for or with over the years. People like ( Ken Ehrlich ) Tv Producer Grammys, AMA’s Etc.
( Usher Raymond ) Music Producer / Entertainer I consider close contacts. There’s always the possibility of an outright endorsement of a product, company, idea or the like based on how Bjorn wants to proceed.

marenkar
Whoa, that’s quite a list of contacts to bring. Nice!

@wolffang asks – “Since you are the Brother of a boys2men member, do you know Beyonce through him? ”

almo3ree23
She was on The Evolution tour with Destiny’s Child and Boyz II Men in 1997.
I was their personal photographer during the tour.

marenkar
Whoa, that’s awesome. There’s a group trying to parody her name as blockchain. 🙂

Speaking of blockchain, another question that’s asked on #janusproject is “Had you heard of Bitcoin or Blockchain before joining the Janus team”?

almo3ree23
Yes in my travels abroad I noticed it being used but that was the extent of my Bitcoin or Blockchain knowledge. It didn’t take long for me to start asking questions.
I’m not a religious person per say but I can say I’ve seen the LIGHT!

marenkar
Welcome into the blockchain community 🙂

A good question that @qiwoman brought up is “With marketing JANUS mainstream sites, do you feel you will be able to attract outside mainstream investors into JANUS blockchain token shares?”

almo3ree23
Yes with my 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.

marenkar
@cryptoracer asks: What areas of marketing and promo (and to what demographic) do you think will benefit Janus the most, re. exposure?

bjorn_bb [marketing director of Janus]
The primary marketing angle will vary based on the business type, for example, our Forex/Crypto mainstream site from this year will be tackled literally by the main stars of that site, chiefly the wave callers (professional traders). Money and personal fame is the driver.

In terms of year 2 adoption, we will be using creative methods to introduce general mainstream users to our token(s). This is something our team excels at and keeping the tech out of the equation will be always primary to reduce barrier of adoption.

ropes
What will be the main marketing angle for Janus project, what is the plan of delivery and what are the ballpark estimates for year 2 adoption in mainstream?

almo3ree23
I’m very visible in the entertainment world, I travel regularly so I can tap into the international markets, I’m experienced in promoting products, and have a respected following.

marenkar
Awesome. More exposure would be great. More in Janus would mean more for Nxt and Ardor too, so we certainly welcome that 🙂

A great question by @martis (and earlier by @wolffang), speaking of Nxt – did you try to play with Nxt features? And if yes, what is your first impression?

almo3ree23
Yes, I have it installed and have looked at it. It’s a very powerful platform!

I’m still wrapping my head around some of the features, but I’m still learning.

marenkar
A casual question from @wolffang – What is your favorite place to spend the holidays?

almo3ree23
Sidney Australia or Tokyo Japan are my two favorite cities

qiwoman
What is your projection of JANUS 12 months from now?

almo3ree23
I can project that it will be the number one token in the market! Just my personal opinion based on my observations and markets.

bjorn_bb
This is obviously highly speculative, but we believe that our tokens can appreciate in value almost by sheer force of work and business success. A store of value backed by our team can only stay at one value so long if we keep our roadmap and vision strong without becoming complacent. I’ll be the first to tell you that my goal is empire level, and you don’t get to that point without drive and ruthless ambition.

marenkar
A great question from @merk -“With the upcoming formation of FL3X (the Janus parent company), what role will you play in the formation and what position will you hold (if that has been discussed)”?

almo3ree23
Company brand ambassador to start, we’re still forming positions but eventually partner.

merk
Cool. Thanks.

marenkar
Awesome! @martis is also asking how you will be promoting crypto tokens to people who aren’t familiar with the technology and the community?

almo3ree23
I’ll be promoting thru my contacts in mainstream the business sites we develop. Those business sites will be using our tokens in both direct and indirect ways. I’ll be facilitating the communication with these people in order to partake in the use of the site or promote the site itself.

marenkar
Awesome. Having a person these contacts can trust is a great way for them to get connected to it. Let them know they’re welcome here as well! 🙂

Ok, we’re at an hour now, so I’ll close it off with this question – How long will you be staying with the company and team? Do you plan to become partner and see it develop into what the Janus team has described?

almo3ree23
I’m here for the long haul. I never run away from a challenge. We have great things planned for the greater community. We want to make Janus a household name. And yes I will be a full partner in this endeavor.

marenkar
Awesome. Thanks to everyone who participated in this Q&A and thanks especially to @almo3ree23 for coming on here and answering all these questions. Thanks again to Janus for choosing Nxt!

almo3ree23
Thank You all for your time and attention.

bjorn_bb
Thank you all for coming out to meet Alphonso today, as always thank you to the community for the strength you help give our project and team. Press releases will follow shortly and a giant thank you to the NXT foundation for helping with everything today, including the ID verification of Mr. Morris.


Follow Janus: Twitter | Bitcointalk.org | Slack #janusproject

Latest Janus news and market data: https://nxter.org/ae-janus | Nxt Newsletters

Nxt news – May 2017 (III): The Only Freedom You Truly Have is in Your Mind – Use It

May 2017 (III)

 

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

  • Blockchain Event by El Pais Retina – Decentralized Voting

In this month’s first weekly newsletter, we announced that Lior Yaffe, Nxt and Ardor core developer and member of  Jelurida, was going to attend to the Retina technology forum, an event that took place on the 9th of May, 2017 at the Palacio de Congresos de Madrid (Spain), which was organized by El País, the largest circulation newspaper in Spain, and Accenture. At the forum, many different round-table discussions took place and lectures were given by acclaimed experts, including Lior himself.

This technology brings transparency in everything we do, allowing users and corporations to save time and money in a safer way, by getting rid of middle men.

For over 15 minutes Lior Yaffe and Alfonso Peña, the Communications, Media, and Technology Senior Manager at Accenture, had the chance to explain a plausible real-life voting use case based on blockchain technology, more specifically with the technology of Ardor, in a very simple, fast, effective, and completely decentralized way. The Voting System is one of the many features included in the core of Nxt and Ardor. There are many others, such as Account Control, Encrypted Messaging, Decentralized Data Cloud, Decentralized Asset Exchange, Decentralized Marketplace, and many others, which make it possible to perform a wide variety of practical use cases as Lior and Alfonso show:

Some traditional newspapers in Spain have written about this decentralized voting application, such as Cinco Dias, the second largest economics-focused newspaper in Spain.

Source and more information: http://retina.elpais.com/retina/2017/…

http://retina.elpais.com/retina/2017/05/09/tendencias/1494354926_917898.html

Cinco Días – Wednesday 10th of May, 2017/Number 1,307

https://www.jelurida.com/accenture-ardor-blockchain-voting

(Back to the Index)

 

  • Nxt in a Box – How to Set Up a Nxt Node on a Raspberry Pi 2

One of the multiple advantages of the 100% Proof-of-Stake algorithm used in Nxt is the possibility of taking part in the block forging (Nxt’s version of mining) process using basic equipment as a simple Raspberry Pi, thus only needing a minimum investment in terms of hardware for a node up as well as minimal energy consumption when it is operating with just a few watts per hour.

This low energy consumption was a key factor in the creation of a prototype of the self sustainable Nxt node by zuqka, a member of the Nxt community, which constitutes a complete Nxt node completely powered by solar energy.

Coretechs, also a well known member of the Nxt community who is in charge of nxtportal, has updated and added new explanations to his step-by-step tutorial to set up a Nxt node on a Raspberry Pi 2.

I updated the instructions to create a separate startup script for screen rather than modifying run.sh.  The links to the JDK and NRS downloads have been updated to the latest versions as well.

You’ll need the following materials in order to build your Nxt node this way:

  • Raspberry Pi 2 or 3 (model B)
  • 8GB+ microSDHC card (Class 6 or higher recommended)
  • Micro USB cable for power
  • Cat 5 network cable or USB wifi adapter
  • USB keyboard, monitor + HDMI cable (initial setup only)

Once you’ve set up your node, you’ll have to modify the config file as shown in this article in order to participate in Megalodon’s campaign to further reward forgers.

Source and more information: https://nxtportal.org/blog/nxt-in-a-box-rpi2.html

The Forging Bounty Lottery

(Back to the Index)

 

  • Jelurida – Using Nxt and Ardor Without Installing the Core Clients

Jelurida added some direct links on its website for people to try the official Nxt client (mainnet),  Ardor client (testnet), as well as a Nxt client for the testnet, without needing to download or install anything. This way, users can check out the features and functionalities of Ardor and Nxt and experience the technology in an easy and safe way, because these are open nodes managed by trustwhorthy people, that use an https connection to establish a safe connection.

However, for maximum security, we always recommend running the official client in your own computer (or your local network), and either wait for the the full blockchain to download or run the Nxt client in light mode.

Lior Yaffe, aka Riker, states:

We now implemented live blockchain access directly from the Jelurida web site  for NXT mainnet and testnet and to the Ardor testnet.The good thing is that it’s using Https on port 443 so that you can also access it from inside your corporate network for demo purposes or just when your boss in not watching.Disclaimer: the mainnet node is running on a VPS and secure by our sys-admin, however, do not treat it as a fully secure online wallet. There is always a (very small imo) risk that this node will get hacked and a malicious JavaScript injected into it to try to steal your passphrase. We take absolutely no responsibility over this.

Source and more information: https://nxtchat.slack.com/archives/C0JR4J5NF/p1494568283575599

Link to the the Nxt Client interface on mainnet by Jelurida

Link to the Nxt client interface on testnet by Jelurida

Link to the Ardor client interface on testnet by Jelurida

(Back to the Index)

 

  • Janus – New Projects and Q&A Session

On the 18th of May at 13:00h CEST, there will be a Questions and Answers session at the #janusproject channel on NxtChat on Slack, where a new and, according to rumors, remarkable member of the Janus team who will be introduced to the community. Travin Keith, Marketing Director and Blockchain Advisor at the Nxt Foundation, will be organizing this event and confirm the identity of this mysterious new Janus team member after they are revealed.

Bjorn states:

This individual brings with him over 20+ years of experience and contacts within various industry, primarily entertainment. He has personally met world leaders, and celebrity alike that are well known in pop culture past and present. His experience will be vital to our team and company success now and long into the future.

To avoid making extravagant claims we will have the Nxt Foundation confirm publicly his identity, followed up with LinkedIn and other factors that cannot be faked. I have also met him under circumstances that are impossible to fabricate his roles in the past.

Please mark the date and time down if you plan to attend this Q&A and thank you in advance for joining the event!

Moreover, the Janus team has also launched their new website, EtcBets.com, an online casino with the Ethereum Classic (ETC) community in mind, in order to provide a fun and safe place to play and bet, which generates an extra source of income for the owners of Janus and JanusXT assets.

I’m very proud as a Janus team member to provide this site for the Ethereum Classic community. It comes at a turning point in our careers where we will be soon shifting into mainstream industry. While we cannot predict the future I can foresee huge potential in our concepts and direction. If you haven’t researched our work, I invite you now to come take a look.”

We´re proud to announce the launch of our new website EtcBets.com, a centric Provably Fair igaming for Ethereum Classic.

Official Thread: https://bitcointalk.org/index.php?topic=1907827.0

Janus holders can expect an addition to the monthly NXT profit share ( 90% of the NXT profit * from BetterBets.io),  .
an extra revenue stream to Janus and JanusXT holders from this centric ETC blockchain business:

10% to Janus holders, 10% to JanusXT holders, 10% to the Ethereum Classic development teams, and 70% to the Janus Team
* Please keep in mind, that not always the profits will be equal due to the nature of BetterBets.io and  EtcBets.com . Sometimes the house wins and sometimes it loses, although we´ve a standard house edge of 1%.

Source and more information: https://nxtchat.slack.com/archives/C302TRJAV/p1494598583299736

https://www.nxter.org/ae-janus-4348103880042995903/

#janusproject (Link to join Nxtchat on Slack)

Janus new’s compilation

https://bitcointalk.org/index.php?topic=1907827.0;all

(Back to the Index)

 

  • Adel – Roadmap and New White Paper Published

Adel, the blockchain project incubator that uses Nxt technology as a base to build its ecosystem, has recently published its 10th Whitepaper titled ‘Designing a Blockchain Incubator‘, together with a detailed road map showing the upcoming milestones in its project development and execution.

Gabriel Dusil, co-founder & board member of Adel, states:

We are passionate about Adel, and have great plans for the ecosystem, so we will present a compelling roadmap to the participants of the ICO,

Feb 2016 Adel is founded

Jun 2016 Phase 1 Ecosystem Architecture

Dec 6th 2016 Website is launched

March 17th 2017 Adel Ecosystem Limited is registered in the Isle of Man

May 1st 2017 ICO, round 1 begins

Jun/Jul 2017 Adelphoi, ADL is listed on exchanges

Jun 2017 Community module development begins

Jun 2017 Phase 2 Legal & Investment structure development begins

Jun 2017 Idea to Project Supply Chain begins

Q3 2017 Ardor is released

Q4 2017 Adel becomes child-chain of Ardor

Q1 2018 Investment entity established

Q1 2018 Adelshare, ADS equity token is established

Q2 2018 First projects are funded & launched

Q2 2018 Phase 3 Project Execution

Whatever the result of the ICO we plan to plow forward with Adel, because the seed capital already raised is enough to establish momentum to build the second phase of our ecosystem (see WP#10).

Adel’s ICO has already collected over 200BTC. However it’s far from the minimum of 900 BTC required to be collected by the end of the ICO process. Despite this, it is possible that the the aforementioned road map, together with the translation of the website and ICO landing page to Spanish and Russian, boosts this ICO.

More information: ICO Portal

Twitter    LinkedIn    Facebook     Reddit

The Adel ICO is live

(Back to the Index)

 

  • 19800.com – New Market ARDR / CNY

19800, an exchange based in China, now allows users to trade ARDR straight with CNY (Chinese Yuans). The announcement of the inclusion of this new pair will hopefully include an increase in Ardor technology as it seems to have created big expectations for traders.

While other exchanges, such as HitBTC, ChangellyPoloniex, and Bittrex, allow users to trade ARDR with BTC. This inclusion makes 19800.com one of the few exchanges, together with Litebit, that allows you  to use fiat money to buy ARDR.

Source: https://www.19800.com/market/cny_ardr

https://nxtchat.slack.com/archives/C35SXSXP1/p1494730571657518

(Back to the Index)

 

NXT IN THE MEDIA

  • CoinTelegraph – Reviews and Articles About Adel

CoinTelegraph has recently published a string of articles analyzing and talking about Adel and its community-based ecosystem, which will rely on the features and advantages that the Nxt & Ardor platform are able to offer for administrative purposes,  whilst adopting the best business procedures to manage the projects. The articles include a lot of information about Adel and the ICO that is currently going on:

Among Adel’s features are:

  • The Board, comprised of several people, who are experts in various aspects of business. The proclaimed purpose of the Board is to direct the development of the community and provide guidance to the Blockchain-powered projects whose development will be facilitated by Adel;
  • A thoroughly developed and described process, which Adel will use to help the new Blockchain-based companies throughout their early existence, from the stage of an idea to a fully functioning use case;
  • Adelphoi, a cryptocurrency token which will be used to power the inner workings of Adel’s ecosystem. It provides an easy and transparent way to exchange value between the participants.
  • Three planned projects, whose implementation is set to begin right after the end of the three rounds of funding of Adel. Their descriptions and implementation plans are available on Adel’s home page as project 01, project 02 and project 03.

As these texts explain, Adel intends to build a community composed of enthusiast innovators who will be the base to build new business, starting from an idea and steering, funding and boosting all the process with the participation of the community.

Gabriel Dusil, co-founder & board member of Adel, states:

After researching the digital currency market, Adel chose Nxt’s Blockchain-as-a-Service (BaaS) platform due to the features it presents that Adel can employ for its community. Adel will also use Nxt’s Ardor, which has further features that Adel will use for its project portfolio.

Source and more information: Adel – ICO Due Diligence

Adel – Why Fintech Incubator Launches ICO,

Adel – How Digital Currencies Help Create Real World Solutions Explained

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / BTC exchange trends at Poloniex over this past week:The following graphic shows the ARDR / BTC exchange trends at Poloniex over this past week:

(Back to the Index)

Nxt News – May 2017 (II): Entertainment May Be the Most Effective Mode of Learning

May 2017 (II)

 

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

  • NxtChat on Slack – 1500 Registered Users!

Nxt’s Slack is one of the places for the Nxt community to discuss and share news about Nxt. Since its inception in January 2016, it’s now reached over 1,500 users and 31 dedicated channels for various purposes. Among them, alongside the main #general channel, we can find channels for specific projects such as #adel and #janusproject, or channels for specific purposes such as #developers and #helpdesk.

Once again, the features provided by the Nxt and Ardor 100% PoS platforms are attracting more and more people both familiar with blockchain technology as well as newcomers. If you haven’t already joined the Nxt community, come and join us! We are waiting for you!

 

Alongside Slack, Nxt and Ardor are officially present on the following platforms:

At Nxter.org, we’ll continue spreading the word as we’ve been doing since the beginning to try to help more people learn about both Nxt and Ardor, together with the full ecosystem around it. If you’re interested in giving us a hand to achieve this objective, please visit nxter.org/get-published-get-paid-nxtp

More information: You can find the latest news at the #swarms channel on Slack or visit nxtforum.org to discuss with the community

Twitter: NxtCommunity, ArdorPlatform e Ignis Guide

Reddit: Reddit.com/r/nxtReddit.com/r/ardorReddit.com/r/cryptocurrency

(Back to the Index)

 

  • How To – Initialize a Nxt/Ardor Account without Issuing an Outgoing Transaction

When creating a new Nxt account, first thing we must do is to choose a passphrase as strong as possible as that will be our private key. Then, the public key for the generated account is computed using the supplied secret passphrase.

There are 1077 account numbers available in Nxt, but there are a much larger number of possible passwords, so an obvious question is whether or not it’s possible for more than one password to open the same account.The answer is no – as long as you have issued one transaction from your account. Here’s why: until a transaction is sent from your account, it is not secured by a public key. Once the first transaction is issued, a 256-bit public key for your account is generated.

Once this is done, your account number is secured. In the very rare case that someone enters a passphrase that would generate the same 64-bit account number as an existing account, the software will deny the use of the passphrase and ask you to choose another one. When you issue an outgoing transaction, your 256bit public key (with the first 64 being your visible account number) is transmitted to the network and incorporated into the blockchain.

In order to make thing easier, Lior Yaffe, Nxt and Ardor core developer and member of Jelurida, has shown us a new way to fully secure our Nxt account without having to send an outgoing transaction and without needing to download the blockchain:

The procedure works as follows:
1. Install NXT on an offline computer
2. Start your node and connect to it using the desktop wallet or web wallet (http://localhost:7876)
3. Create an account to generate a new passphrase and store it in a safe place
4. Login using your newly created passphrase
5. From the dashboard locate your public key displayed below the “Dashboard” header or click the “More Info” link on the “Account Balance” tile and on the resulting “Account Details” modal locate the “Public Key” field and copy the 64 characters value
7. Provide your newly created NXT address and your 64 characters public key to an account owner who already poses NXT and has a fully synchronized blockchain, some exchanges also support this process
8. The online account owner should now click on the “Send NXT” button in his wallet (or the Ardor equivalent) and specify your account address in the Recipient field. The dialog will display in response the “Recipient Public Key” field below. Enter the 64 chars public key into this field. Complete the rest of the data and submit the transaction.
9. Once the incoming transaction is confirmed, your account is funded and secured by a 256 public key

Source and more information: https://nxtforum.org/general-discussion/initialize-a-new-nxtardor-account-without-issuing-an-outgoing-transaction/msg231660/?topicseen#msg231660

https://nxtwiki.org/wiki/How-To:CreateAccount

https://nxtwiki.org/wiki/FAQ#Is_it_possible_for_more_than_one_password_to_open_the_same_account.3F

(Back to the Index)

  • Crypto Awards – Nxt Nominated

The Nxt cryptoplatform has been nominated to the Crypto Awards (TCA), which intends to reward ideas and efforts of the best crypto projects in the world, based on the project’s originality, tech, functionality, usability, and ideas. These awards give a great deal of visibility to cryptocurrency projects, with experienced judges that are fair and have solid reputations in the world of crypto.

Being nominated on TCA comes with great potential benefits for participants. They receive scores and feedback from an international judging panel of experts, which even if they don’t win, could help fine-tune some projects so they can improve and become stronger.

Winners will be rewarded with official certificates and big mentions on the platform and social media channels to thousands of traders.

Annual winners of the project of the year are awarded and shipped their very own shiny coin trophy!

The Crypto world does expands rapidly, and almost daily new coins and projects launch, so it takes a lot of time for investors and traders to get a good overview of what’s happened on the market, TCA will help highlight the very best projects making it easier for them to determine risks.

Source and more information: http://www.crypto-awards.com/nominees/nxt

(Back to the Index)

 

  • Bitcointalk.org – Nxt Official Thread Updated

The official Nxt thread on Bitcointalk has been updated. The new design is cleaner, elegant and simple, thus bringing visibility to the most important links while providing a general and structured vision of the platform and some of its most significant details.

Despite the fact that the members of the Nxt community have many possibilities to discuss and share information about the platform, Bitcointalk’s popularity in the cryptoworld is huge because it was one of the pioneer forums in this field. Because of this, the importance of taking care of all details  so that new people put their eyes on this platform are correctly informed is important.

FORUMWIKIMAGAZINETWITTERFACEBOOKREDDITSLACK CHATWHITEPAPER

Get involved with Nxt today and join a growing crypto community!
Nxt is about decentralization. Create your own concepts and businesses on top of the Nxt blockchain without the need for permissions.
The future is Nxt

Source: https://bitcointalk.org/index.php?topic=587007.0

(Back to the Index)

 

DEVELOPMENT

  • Nxt’s Alias System – Plugin for Web Browsers

Nxt’s Alias System is one of the biggest features included in Nxt’s core. In simple terms, the alias feature allows one piece of text to be substituted for another, so that keywords or key phrases can be used to represent other things – names, telephone numbers, physical addresses, websites, account numbers, email addresses, product SKU codes, and almost anything else you can think of. Aliases can be registered right on the Nxt client itself. You can search existing Aliases and acquire unused ones. Aliases can be mapped to an account, a URI or other data, and can be bought, sold, and transferred to other users. You can also change the function of an Alias once you have registered it.

The possibilities are almost endless! When you update the NRS, the client checks the downloaded file against an alias with the sha256 string. For each new release, the core developers update the alias with the new sha256 string. By the way, did you know what was the only transaction included in the block 1,000,000? Yes, it was an alias named ImReady, which was registered in that block.

One of the multiple applications that the Alias feature allows is the implementation of a decentralized DNS system, an objective that is easily achievable by means of these free plugins for your Chrome and Opera web browsers (Firefox version will be available as soon as the changes in the Firefox API are implemented) offered by Peername. With aliases, users can be pointed to the site they want to visit in a decentralized manner. If a website is hacked or taken down, the alias can be set to redirect users to the right place anyway, no matter what the new URL would be.

NXT alias redirection works via the “omnibox” feature. Once installed, you just need to type “nxt (space or tab) alias_name” in the address bar. For example “nxt (space) nxt” will redirect you to nxtforum.com. Some other Aliases already registered that you can use to try out this plugin are:

nxt > https://nxtforum.org
nxter > https://www.nxter.org
a101 > https://www.nxter.org/nxt-tutorials
assethub > https://www.nxter.org/assethub
nxternews > https://www.nxter.org/newsletters
snapshot1 > https://www.nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions

Do you know other good alias shortcuts? Then please leave them in the comment section below and fill us in!

Source and more information: https://www.nxter.org/nxt-core-alias-system

http://nxtwiki.org/wiki/Alias_System

https://peername.com/browser-extension

(Back to the Index)

 

NXT IN THE MEDIA

  • Adel – Articles and Reviews

Adel’s ICO has already begun, as we announced in our previous newsletters. Shortly after the start of the ICO of this blockchain incubator that will make use of many features provided by Nxt, there have been a few people who have shared their opinions and reviews about Adel.

Coradan is one of them. He is a member of the Nxt community who is in charge of a blog in Spanish where he presents many uses cases that make use of the Nxt platform. He has recently published his tenth edition in this series titled: Adel – Casos de Uso con Blockchain. The articles includes a brief introduction to Adel and focuses on key concepts and aspects of this ecosystem, its projects, and the ICO process going on. The author mentions the potential of such a great idea and reminds us that Adel incubator will be built on Nxt, and will move to Ardor when necessary.

TheWireMaster, also a member of the Nxt community, has published on The Wiring a small review of Adel as well. Together with a general overview about the operation of this blokchain incubator, TheWireMaster also offered his personal opinion about the most exciting details:

Ideas are not only coming from the Innovators. Ideas are also provided by the Adel R&D team… Adel is not exclusively working on blockchain projects… The project is proactive when it comes to compliance to regulations. Participants to the ICO will have to comply to the AML (Anti-Money Laundering), CTF (Counter-Terrorism Financing) and KYC (Know Your Customer)…

Adel, in my opinion, is potentially the foundation of entrepreneurship and future work models as  conventional employment is heavily changing due to digital transformation….

For his part, Paul H. Madore published a detailed article at Hacked.com which analyzes the Adel platform as well. The text discusses in detail this initiative, starting with some basic concepts, then going over all the whitepapers and documents that they have made publicly available for investors, the first tentative projects, the team members, a comparison with some other incubators or centralized options, ICO details, etc.

The author also discusses some other questions about this ICO that, in his opinion, should be improved or explained better to the investor. Finally, to summarize all this vast article, Paul brings us his personal verdict with good and not such good points about this new blockchain incubator based on Nxt.

Source: http://www.ejemplosnxt.com/ej-10-adel-casos-de-uso-con-blockchain

https://thewiring.com/2017/05/07/adel-the-future-of-business-governance

https://hacked.com/ico-analysis-adel

The Adel ICO is now live

(Back to the Index)

 

  • Cointelegraph – Blockchain Mainstream Adoption

This article published at Cointelegraph, titled Major Challenges to Blockchain Mainstream Adoption: Industry View, compiles many opinions from different experts about the current situation and the future challenges that blockchain technology faces in order to become mainstream.

Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, was one of the experts asked by CCGroup for this article on CoinTelegraph. Travin explains why, in his view, massive adoption hasn’t come yet:

Misunderstandings of the true technical abilities of Blockchain technology, coupled with the lack of general awareness about Blockchain technology, currently forms some of the most significant barriers to mainstream adoption. Many people still don’t really understand what Blockchain is, or what it can do. Though they may have heard about Bitcoin, and even use it, they might not necessarily understand how it works, much less what else the technology is capable of doing. It’s not surprising though, as people use currencies regularly throughout their lives but are largely not exposed to backend systems, which Blockchain essentially is, though quite a revolutionary one.

However, even if more people are aware of Blockchain and its capabilities, the resistance to changing existing systems due to the costs to utilize this new technology is another one of the significant barriers to mainstream adoption. It’s even harder for larger corporations which are less agile and thus have higher costs when making such changes. The benefits of adopting Blockchain technology will thus have to greatly outweigh the costs of this shift in order to justify going through such difficulties.

Source and more opinions: https://cointelegraph.com/news/major-challenges-to-blockchain-mainstream-adoption-industry-view

(Back to the Index)

 

  • Koles Coin News – Meet Travin Keith

Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, is the subject of this brief biography built by Koles Coin News. In this video, an overview of some of the task developed by Travin in many different projects, such as  Nxt, Ardor, the Hiperledger Project, Adel, and many more are given.

Source and more information: https://www.youtube.com/channel/UCWN9FtDP3d-jfJu83pGARxw

(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:

Bitcoin wars, miner problems, scaling issues and… ARDOR

It’s been some really quite interesting weeks lately in crypto land.

Scaling hasn’t been much of topic for the last years – and boom – now it’s front and center. Bitcoiners used to clobber anyone who thinks miners having different incentives than currency holders is a problem.

Now it’s suddenly consensus on r/bitcoin. Not only are there repeated threads saying a change of the Proof of Work algorithm might be necessary, I’m actually seeing more and more suggestions to switch to Proof of Stake! I can’t believe my eyes! Just the mere mention of it even half a year ago would have brought you into downvote hell and 500 angry “nothing at stake” chants, before your post got shadow banned. I’m not saying that it’s a majority position by any means, but what a difference!

Crypto alts’ cap goes ^

The changing tides are sweeping a lot of money into the alts. The combined crypto cap is exploding:

While Bitcoin’s share of it is decreasing. The pace is accelerating towards parity. That could be a huge deal with unclear implications (…but don’t dare mention this on r/Bitcoin).

How Ardor fits into the mix

There is a major sea change going on, and props to the Jelurida dev team to see this long ahead: Designing Ardor specifically around scaling capabilities, puts it in a position to take advantage of the situation. Now there is just the question if this can somehow get attention. So far it is always Ethereum that gets used as example for Proof of Stake. Once again, it took the spotlight. It also gobbled up the biggest gains. Ardor seemed to have merely been swept up with the tidal wave that took all alts along.

I don’t know if all that will change to the best of Ardor and NXT. But I’m sure: This ain’t over. And people are still either in denial or stuck in old ways of thinking.

  • The Bitcoin wars will get worse.
    First off, there is AsicBoost, which is worth millions in advantage for parasitic miners. Why would they give that up for anything? Higher market cap doesn’t help their bottom line, they live of higher margins. A fork of some sort either will happen or must at least come close enough that these miners must fear trashing their hardware.
  • Disruption will be huge either way. The user experience will be a disaster. Alts will pick up refugees… but if Bitcoin suffers too much, all crypto will take a hit.
  • The miner problem is, of course, deeper anyways. It’s an incentive problem that will return. Miners, they only care about users and hodlers if it somehow helps their short-term earnings.
  • What also clearly came to light is that the monopoly is even worse than anyone thought: It’s the hardware! That’s all done by basically one manufacturer in one location – with the ability to legally block supply for anyone who doesn’t agree with their plans. Bitmain is abusing this already. That skews not just which miners can join, but also how much existing ones dare to contribute to debates.
  • People still don’t understand the scaling issue. It seems bizarre to me that Ethereum/Monero/Dash are seen as solutions. All these have exponentially worse situations should they ever catch on remotely as much as Bitcoin.
    It’s just that neither Ether or Litecoin are used enough to make clear to everyone that they have the exact problem Bitcoin has – or worse.

So there is Ardor, with an actual solution. My fear is that people might once again overlook it, just like NXT was laughed at when it pioneered what is now the altcoin standard. Maybe it’s premature optimization. But it might be the right unique selling point at just the right time.

One joker card could be the Lightning network or the “sharding” that Buterin promises. Basically, they could change the landscape of the scaling discussion – and make it a non-issue. But it’s just promises so far. Maybe someone more knowledgeable can shed some light one that angle.
Anyways, the potential in the upcoming year is huge – and that’s what speculators are trading on.

This article was first posted in https://nxtforum.org/general-discussion/price-speculation

Nxt news – April 2017 (III): Quality Means Doing It Right When No One is Looking

April 2017 (III)

 

Here’s some of the latest news about Nxt over this last fortnight:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Poloniex Tutorial – How to Transfer Assets to the Official Nxt Client

A few days ago, Poloniex made an unexpected announcement via Twitter stating that on the 2nd of May, they will be delisting 17 coins. Among these is Unity/Supernet, a well-known project among nxters, because, in the beginning, it was closely connected with the Nxt platform and community.

Up to now, the Supernet/Unity asset could be traded both on Poloniex and on Nxt’s Asset Exchange.  Upon Poloniex’s decision, those investors who don’t want to lose their investment must transfer their asset to their Nxt account, where, by means of this core feature of Nxt, it’s impossible for any entity to stop the trading of any asset.

In the following video tutorial, Arthur Penzl shows us how to create an account on Nxt and how to transfer your assets from Poloniex to your account using the official Nxt client (Next Reference Software – NRS)

The audio quotes are taken from the book ‘SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions‘, a full guide to the history, the features, the community, and the evolution of the Nxt cryptocurrency platform. The book can be bought in our online store or from other shops such as Amazon, iBooks, etc.

More information: https://nxter.org/ae

Tutorial: Nxt Asset Exchange

SNAPSHOT – Digital and PoD edition of the Book Now For Sale

(Back to the Index)

 

  • Future Blockchains – What is Nxt

This video recently published by Carl, of Future Blockchain, provides a brief introduction to Nxt. In it, Carl enumerates some of the features of Nxt, such as the Voting System, Multisignature or Account Control, Encrypted Messages, decentralized data cloud, decentralized Asset Exchange, decentralized Market Place, crowdfunding capabilites, etc.

The author also explains the big amount of different operations and menus that you can find in your Nxt Wallet, thus making possible for users to easily make use of all the available capabilities of this platform. As Carl outlines, this cryptocurrency has many functionalities integrated, thus allowing a lot of use cases.

The video also remarks that all the cryptocurrencies have the ability to work as a currency, but Nxt is one of the few cryptoplatforms that has more features integrated, thus opening up a new range of possibilities.

Source and more information: What is Nxt

https://www.youtube.com/channel/UCxN9JhKLzKePpT1abZPW27g

(Back to the Index)

 

  • Webit Festival Europe – Jelurida Confirms its Attendance

Jean-Luc, lead core developer of Nxt and Ardor, has confirmed the attendance of Jelurida members Kristina Kalcheva and Tomislav Gountchev to the 8th edition of Webit Festival Europe, the European edition of the Global Webit Series, which will take place on the 25th and 26th of April at Sofia Tech Park. This event will be attended by large Bulgarian and European institutions and the huge attendee list includes global thought leaders, 5000+ attendees from Fortune 500 companies, major brands, policy makers, scientists, and the hottest startups.

There will be several in interesting activities that will take place during the event, related to things such as digital economy leadership, Fintech and blockchain, security and privacy, smart cities, big data and cloud, and many more.

Jean-Luc says:

Jelurida will be presented by Kristina and Tomi at the Webit Festival in Sofia next week, Apr 25-26.

If any Nxt and Ardor fans are visiting this event, should be able to meet them in the startup exhibition.

All the tickets for the event are already sold out, but if you want you can sign up for the waiting list and, in case of availability, you’ll be able to buy your ticket.

Source and more information: https://nxtforum.org/general-discussion/jelurida-attending-webit-festival-in-sofia-25-26th-april-2017

http://www.webitcongress.com/

(Back to the Index)

 

  • Larson Digital – Blockchain Hackaton that Relies on Nxt Tech

In Huckletree Shoreditch, London, a blockchain hackaton organized by Larson Digital with $35,000 in prizes was held. Tasks were focused around developing blockchain-based architecture, security, transaction management, and other solutions underpinning the company’s platform. The participants were required to have skills in:  Java, blockchain, mobile apps, crypto wallets, encryption, digital content, bio identity, regtech…

The tasks will cover:
– Integrating Blockchain and DLTs technologies with eCommerce markets
– Handling Proofs of Identity and cryptographic Passwords
– Reporting across multiple native assets as Tokens
– Securing digital content specifically encryption/keys
– Blockchain regulatory reporting

For this event, the Nxt platform was highlighted:

The hackathon challenges related to blockchain will rely on NXT open-source code (GPL 2). More information for developers can be found on https://nxt.org/get-started/developers/

Please note, this is not sponsored or affiliated with Jelurida. All are welcome to join. All entries that are accepted for deployment will be open-sourced for benefit of community.

As this hackaton is about cloning Nxt’s blockchain and not using the current public blockchain, Jean-Luc, Nxt and Ardor core developer stated:

There is a good reason why Jelurida is not willing to endorse or support this event, and it is because it is not about the public Nxt blockchain but a clone, which the Nxt core developers do not support.

Source: https://www.eventbrite.com/e/blockchain-hackathon-tickets-33545833491

https://nxtchat.slack.com/archives/C0JR4J5NF/p1492540976636399

(Back to the Index)

 

  • Janus – Distribution Completed

In our previous newsletter, we talked about the latest news about the asset distribution plan that the Janus team has announced for this quarter, which included the transfer of 800 000 JNS tokens that were for sale on the Nxt Asset Exchange to C-CEX, where they were made available at a price of 3 000 satoshis each. The team is also planning to reduce the total supply to 37 000 000 JNS, in an asset-burning process that would take place in the beginning of July.

The plan has been really successful, and, thanks to the community support and feedback, the team has refined its original strategy once again. By opening itself to the BTC market which has a larger trading volume and number of users, together with the announcement of the incorporation of a new and recognized member to the team, as well as the announcement of the introduction to the ETC community and the launch of some new web projects, it was then possible to sell the originally-available 800 000 assets in addition to the 400 000 assets transferred from the Asset Exchange. With this, the JNS distribution is finally over. Current asset holders will benefit from bigger dividends due to the asset supply shrinkage, thus promoting long term investment.

Bjorn, from the Janus team, states:

We have completed the final distribution for our team, this was a small but needed part of our project to help us offset  internal marketing costs. With this sale ending it is time for our team to begin the process of supply reduction.

Transaction: 11120319234261742538

We started the token count at 99,999,999 JNS current total supply since burn was initiated is now: 25,201,489 JNS

This leaves 16,201,489 in circulation, assuming none of the JanusXT holders leave the Project

Moreover, a road map with the objectives for the following 4-5 months has been set up:

  • Launch of Ethereum Classic community business
  • Q&A session with our new team member and community. His focus will be on marketing our mainstream sites
  • Media based site for JanusXT holders and our team
  • Social Trading/Fintech beta launch prior to the full launch.

(Back to the Index)

 

  • Farl4bit – New Asset LinkBuild

Farl4bit, a very well-known and active member of the Nxt community, has announced the launch of his new asset called Linkbuild. The linkbuilding management tool helps companies and website-owners manage their linkbuilding campaigns (linkbuilding is part of search engine optimization).

Farl4bit explains:

 

Linkbuilding for everyone
Linkbuilding.io has come up with a great and easy way to manage your linkbuilding all at one place. Integrate your portfolio and start managing your linkbuilding campaigns and partnerships. The robot ‘io’ will monitor the status of the links for you. Linkbuilding is part of SEO. SEO stands for Search Engine Optimization, which means optimizing your website to rank high in search engines like Google. Linkbuilding.io is an administration tool and does not cheat Google…
LINKBUILDING asset information
To raise funds for the development and promotion of Linkbuilding.io we are using the Nxt Asset Exchange. Linkbuilding.io is now in beta-fase and we want our asset holders to be part of the tool too. We are curious how you experience the tool and how we can improve it. The tool will be ready in a few months.
Asset name: LINKBUILD
Asset account: NXT-FTJF-Q6DM-47XC-54EC2
Asset ID: 11240133193452178590
Decimals: 4
Price: 10 NXT
Total assets: 570 000
Assets for sale: 85 500 assets (15%)

Rewards and dividend
When you support us with this crowdfunding campaign you will be rewarded with part of the profit. When you own for example 1% of the assets, you will get 1% of the profit, paid monthly in NXT with the dividend function in the Nxt Asset Exchange. Plus there are extra rewards:

  • If you buy >1000 assets during ICO, you’ll get a linkbuilding account worth about $165 per year.
  • If you introduce a new paying user you’ll get 200 assets (50000 assets reserved for this)
  • If you join the forum signature campaign you will get 70 assets (7000 assets reserved)

Source and more information: https://nxtforum.org/assets-board/(ann)-linkbuild-asset-gt-crowdfunding-campaign-linkbuilding-io-gt-dividendreward/msg231471/#msg231471

https://linkbuilding.io/crowdfunding

(Back to the Index)

 

  • Adel – ICO’s Terms and Conditions

The Adel team has presented a document with Terms and Conditions that constitutes a contract between Adel Ecosystem Limited and any of its future subsidiaries or affiliates constituting the Adel ecosystem. This terms govern the use of the website, the only official and authorized website for Adel, the sale of Adelphoi (“ADL”) through its Initial Coin Offering (“ICO”), and the holding and use of Adelphoi.

Adel’s ICO is the first one to meet Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Know-Your-Customer (KYC) requirements. It aims to raise at least 900 BTC. If this figure isn’t met, then the Voting tool would be used to decide about the future of the project.


By acquiring Adelphoi coins, whether from another stakeholder or through the ICO, you represent and warrant that you:

  • Have a basic level of understanding of the usage and intricacies of cryptographic tokens, such as NXT, and other blockchain-based software systems
  • Are at least 18 years old or the age of contractual capacity
  • Are legally permitted to use NXT tokens in your jurisdiction
  • Waive your right to participate in a class action lawsuit or a class-wide arbitration against any member of Adel Services
  • Are not exchanging Adelphoi for any illegal purpose within your jurisdiction
  • Understand that there is no warranty whatsoever on Adelphoi, express or implied, to the extent permitted by law, and that Adelphoi are created on an “as is” basis
  • Further agree to accept sole risk for your participation in the Adel ecosystem
  • Are not a USA citizen.

This document, together with the FAQ and the wide variety of white papers, projects, and marketing materials published by the Adel team are giving the go-ahead signal to the ICO with more info available to the public to make their decision, which is expected to launch on the 1st of May, 2017.

Adel is a global cryptocurrency community that is self-sustained, and offers its own economic ecosystem with the Adelphoi token. Our community focuses on creating, developing, and implementing use cases involving blockchain technology that covers a wide range of digital and physical industries. Projects are chosen by the community and successful ventures are either re-invested in for further growth or issued as rewards to Adel’s stakeholders

More information: Previous newsletter

Twitter: https://twitter.com/adelphoi_io Slack: https://adelchatinvite.herokuapp.com/

(Back to the Index)

 

  • Nxt Node – How to Properly Shut It Down

The developers of Nxt recently shared a reminder that there is an easy way to properly shut down our Nxt node either from the User Interface or from the terminal. This way, we’ll avoid some minor issues that may come up, such as the blockchain file becoming corrupted thus having to download it from scratch. This wouldn’t mean, in any way, that the security of our Nxt account may get compromised for this reason, since all our accounts, balances, transactions, and so forth, are stored on the blockchain. Nevertheless, it could be a small setback that could easily be avoided.

Lior Yaffe, Nxt core developer, states:

The NXT node uses a Java mechanism called “Shutdown Hook” to close the database and perform necessary cleanup before shutting down the Java process. Killing the Java process without letting the shutdown hook execute may result in database corruption.

Therefore, when shutting down the NXT node, always use one of the following methods:
1. On GUI environment, use the “Shutdown” menu item from the system tray icon.
2. From the command line use the command

kill <pid>

If possible, never use the following methods for shutting down the node:

kill -9 <pid>

or kill the process from the Windows task manager or using Mac OS/X similar function

Jean-Luc, Nxt core developer, added to the above:

If you started the server from the command line in a terminal, pressing Ctrl-C there should also send the proper kill signal for a clean shutdown.

Source and more informtaion: https://nxtforum.org/nxt-helpdesk/how-to-properly-shutdown-your-nxt-node/msg231393/#msg231393

How To: Set up a Nxt node on a Raspberry Pi 2

The Forging Bounty Lottery campaign

(Back to the Index)

 

DEVELOPMENT

  • Jelurida – Ardor Blockchain Platform Design

Jelurida, the corporation that joins together all the Nxt and Ardor core developers, has published a new document divided into 6 sections where they explain to the public the general design and functionalities of the Ardor platform.

  1. In the first section, they give a brief Introduction to the Nxt Software and its features. All of them are implemented due to the good and flexible design of Nxt.
  2. In the second section, they talk about the possible limitations of the Nxt platform that they’ve identified, such as the need to use the same NXT token for most transactions, or the blockchain bloat problem, which is common for all other blockchain platforms due to the fact that every full node needs to store all transactions ever created since the blockchain was started, as well as re-process all of them when it downloads the blockchain for the first time. This creates a bottleneck that can only get worse when the size of the blockchain increases.
  3. In the third section, they present a solution for the problem mentioned above. It consists of splitting between the “forging token” and the “transactional token”. In Ardor, a separation of these two functions is used to achieve much greater scalability by reducing blockchain bloat, and flexibility, by allowing multiple other transactional tokens to be used, which, in effect, allows custom “child chains” to exist and run on the same network of nodes.
  4. In the fourth section, implementation details are given. Each node running the Ardor blockchain validates the transactions from all child chains, before they are pruned. A node downloading the blockchain from scratch will no longer be able to fully validate child chain transactions that have already been pruned. (it will only verify their hashes and ChildChainBlock transaction signature) However, this does not lower the overall blockchain security as it can still verify that the accounts who forged the blocks containing them were eligible to forge at that time, and therefore those transactions must have been validated by all up-to-date nodes while their data was still available. Child chain transactions will be pruned, but archival nodes can opt to be stored one or more child chains longer, or indefinitely. Periodically, each node will calculate a snapshot of the state of all derived objects, and a hash of this snapshot will be included in the current block by its forger. All nodes that are up-to-date and on the same fork already have exactly the same state, and thus will be able to verify this hash (and reject the block if invalid). A protocol will be defined by scanning which nodes are out-of-date, or are downloading the blockchain from scratch, then request the latest snapshot from up-to-date nodes, then validate it based on its hash being included in the blockchain, and finally download it in a decentralized manner. In this way, such nodes will catch up with the latest system state, thus bypassing the need to re-process all old transactions that are already pruned.
  5. In the fifth section, gains and benefits are analyzed. Among them, we find the ability for the blockchain to scalae and the possibility to create our own personlized child chains, secured by the main chain, that will use their native token.
  6. In the last section, the document explains the different implementation phases for Ardor that will start with its initial launch in the third quarter of 2017.

You can have a look at the full document to learn more details to learn more about Ardor.

Source and more information: https://www.jelurida.com/ardor-blockchain-platform-design

(Back to the Index)

 

  • Google Chrome – Ardor Price

Taha Tawfik has announced his new development: an extension for Google Chrome that shows the price of Ardor, among some other functionalities, in this popular web browser. These are the features provided by this extension:

  • Notify you if price goes higher or lower
  • Handle over 33 currency as such (USD/JPY/INR/EUR/GBP)
  • Handle high precision
  • Quick-Links (Slack, ardorplatform.org, able to monitor the fiat equivalent of your wealth in Ardor instead of the price (1000 ARDR = $30)
  • Allow you to select the refresh rate from 10s to once every 4 hours.

Source: https://chrome.google.com/webstore/detail/ardor-price/ipaidnnpbccoekihkcelmnnhnidhnpfd

(Back to the Index)

 

NXT IN THE MEDIA

  • Gate of Bitcoin – NXT Coin, the Second Generation Cryptocurrency

This article written in German by KriptoGate, published on the platform Gate of Bitcoin, summarizes some of the many features of the pioneer 2.0 blockchain: Nxt. The text states some important milestones about the development of Nxt and explains some of the most popular features (such as the brain wallet, PoS, forging…) and explains why Nxt is a complete ecosystem for businesses and is much more that just a simple payment system.

The author also exposes some of the arguments used against Nxt (and PoS coins in general), such as the Nothing at Stake (NAS) attack. We’d like to point out here that there are some research into this field, such as the one carried out by Kushti and the Consensus Research team, that deemed this attack as unfeasible against the Nxt platform.

Note: The Jay wallet, which is referenced in the article, is not updated anymore. The Supernet wallet isn’t currently compatible with the Nxt API.

Source and more information: http://bitcoin.netzophren.de/nxt-coin-die-krypto-waehrung-der-zweiten-generation/

Nothing at Stake explained in 4 minutes

https://github.com/ConsensusResearch/articles-papers/blob/master/multistrategy/multistrategy.pdf

(Back to the Index)

 

  • Steem It – The DAO Incident, Ardor (or NXT) and the Whole Confusion

Nivesh, writer of this article published at SteemIt, talks about the rise in price of cryptocurrencies such as Dash, Monero, Ripple, and even ETH, after going through the DAO incident. In the midst of this, NXT and Ardor have been quietly adapting and evolving.

The author offers a clear explanation about the features included in these two platforms:

NXT offers asset exchange so the ability to create tokens or trade in existing ones, it is also a data could which is protected by the blockchain; exclusive only to the owner of the address and there is a voting system as well…
The Ardor main chain will be where transaction processing for all child chains, including Ignis, will happen. The reason why transactions on the main chain will be minimized is to deal with the blockchain bloat issue. This issue is also addressed in the feature that child chain transactions will be pruned after a snapshot every 1440 blocks (~24 hours). However, child chains can choose to have all transaction details recorded through the use of an archival node

Ardor and Ignis will be launched during the third quarter of this year. Ardor’s testnet has created a lot of expectation, making the price of both NXT and ARDR go up. What will happen once the mainnet is launched? Only time will tell…

Source and more information: https://steemit.com/ardr/@nivesh/the-dao-incident-ardor-or-nxt-and-the-whole-confusion

(Back to the Index)

 

PRICE EVOLUTION

  • Aaron AG – NXT Technical Analysis

Aaron AG has his own YouTube channel with over 2200 followers. There, he performs some technical analysis of different cryptocurrencies in a clear and easy-to-understand didactic teaching style. This time he talked about NXT:

Aaron gives a short explanation about his videos:

Learn step by step as if you were watching directly over my shoulder and get ready to enter a fun and exciting world of Technical Analysis that puts you right into the drivers seat or right beside me to watch first hand how to trade the market and learn its patterns and movements. Teaching investing and sharing helpful information with others in these uncertain times. All videos are for educational purposes only and are my personal investment choices. If you choose to invest using any of my recommendations or strategies you do so at your own risk.

We’d like to point out that we are just echoing the opinion of an analyst because it’s referring to NXT. However, that doesn’t mean that Nxter approves nor disapproves this opinion. Investors are always responsible for doing the proper research and analyzing the risks when investing in volatile markets such as cryptocurrencies.

(Back to the Index)

 

  • Lumbridgecity – Time to Invest in NXT and/or ARDR?

LumbridgeCity is a platform that aims to teach users how to trade cryptocurrencies on Poloniex. It includes Bitcoin Trading and CryptoCurrency Guides as well as Video Tutorials. It features updates covering Poloniex Margin Trading and Margin Lending markets and tutorials on basic technical analysis and live Poloniex Trading reports.

This week, they’ve introduced a new video analyzing the price of NXT and trying to foresee (always in their personal opinion) its future movements:

They’ve also release another video concerning ARDR’s price evolution:

We’d once again like to point out that we are just echoing the opinion of an analyst because it’s referring to NXT. However, that doesn’t mean that Nxter approves nor disapproves this opinion. Investors are always responsible for doing the proper research and analyzing the risks when investing in volatile markets such as cryptocurrencies.

More information: https://www.youtube.com/channel/UCnhc9BEete6WcgU0MvPoAKg

(Back to the Index)

 

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt news – April 2017 (II): The Dictionary is the Only Place Where Success Comes Before Work

April 2017 (II)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Cointelegraph – Blockshow Europe 2017

Blockshow Europe 2017, the blockchain event organized by Cointelegraph, is over.

560 attendees, 26 exhibitors, and 26 speakers joined together in Munich to make it the largest international Blockchain-related event ever organized in Europe. Among the conference speakers were experts, businesses, and practitioners of the global Blockchain industry.

The Nxt Foundation attended as exhibitors and represented Nxt and Ardor with a booth in the main exhibition space. Some members of Jelurida also showed up during the event:

Dave Pearce, board member of the Nxt Foundation, stated when the event was over:

BlockShow 2017 was excellent, the Nxt Foundation team networked a lot. And, as often happens, we ran into lots of serious business/crypto people who’ve been quietly following Nxt (and now Ardor) with interest over the last few years, so we got plenty of love in Munich.

Source and more information: https://cointelegraph.com/news/blockshow-europe-2017-by-cointelegraph-events-became-massive-success-hundreds-attended

https://nxtforum.org/nxt-promotion/coin-telegraph-blockshow-europe-april-6-2017-munich/

http://events.cointelegraph.com

Blockshow news at Nxter.org

(Back to the Index)

 

  • Moldova ICT Summit 2017 – Blockchain Innovations in Government

Lee Gibson Grant, founder of the Drachmae project and early member of the Nxt community, gave a presentation at the 2017 Moldova ICT Summit, where he talked about DT X, a new project, which seems to build on top of his earlier blockchain experiments – a cryptocurrency that pays dividends, a bunch of partnerships, and a proposed complete blockchain infrastructure to “make it possible for non-government entities, or governments themselves, to establish and run a national, parallel, paperless monetary system, Viability of Blockchain for E-Governance and Smart Cities”.

Lee states in his presentation:

Nxt is a decentralized blockchain, which has been around since 2013. It’s been very generous to me because all the projects I’ve done with it have been very successful… We struggled with many other blockchains…

The Republic of Moldova is a landlocked country in Eastern Europe, bordered by Romania to the west and Ukraine to the north, east, and south. DT X aims to outline various use cases for individuals, private associations, regional, municipal, and central government entities to achieve acceptance or disapproval of its technology and find out whether it has a role to play in solving real world problems, or if it should remain a theoretical experiment left to be debated by economists.

(Back to the Index)

 

  • Adel – FAQ

Adel, the upcoming blockchain incubator that will be built on top of the Nxt blockchain, has just published a comprehensive FAQ with 40 of these questions to address concerns that potential investors may have. This FAQ further explains existing information given in a set of whitepapers and projects that Adel has already shared with the community. The Adel ICO will begin on the 1st of May, 2017.

Why did Adel choose Nxt as their blockchain platform?

Adel chose Nxt because they are a better Blockchain as a Service (BaaS). For this main reason, Adel established a strategic relationship with Nxt, since they offered the best platform with a set of integrated features to achieve our goals. Our partnership with Nxt is to enable our platform for maximum success with streamlined development and the shortest time to market…

Adel Ecosystem Ltd. will utilize the Nxt blockchain for voting, accounting, and its core infrastructure. In addition, public, private, or child chains on Ardor will be utilized in projects where the benefit of this technology can be utilized

Why did Adel choose Nxt over Ethereum?

Adel chose Nxt because it was the ideal option for the needs of Adel in the use of blockchain technology. With Nxt, a lot of the features required by Adel, such asset creation (a feature used to create the ADL coin), were easily available. In addition:

– Nxt is a platform that has multiple features integrated into its core, which Adel required.
– Nxt is better for Adel because of the need for frequently repeated common transactions on the blockchain.
Adel did not need Ethereum’s customizable smart contracts for its blockchain. Ethereum is more of a platform for smart contracts that require potentially intensive development.
– Adel plans to use phased transactions is progressing efficiently and effectively in the future – one of the most valued features of the Nxt platform.
– Adel needed the ability to create assets on Nxt and utilize its asset exchange. Ethereum has freely issued tokens, but does not have a decentralized exchange at a core level.
– Adel will capitalize on Nxt’s voting to establish a community consensus on approving projects or agreeing on other important decisions.
– Adel will capitalize on Nxt’s dividends feature, built into its core for distribution of funds and project rewards.
– Adel will take advantage of Ardor, once it is deemed suitable, in order to take advantage of the marketplace feature for startup licenses and trading of the ADL currency on an Adel child chain.

Source and more information: https://www.adelphoi.io/faq

Web: http://www.adelphoi.io  Twitter: https://twitter.com/adelphoi_io  Slack: https://adelchatinvite.herokuapp.com/

(Back to the Index)

 

  • Janus – Changes in the Distribution Model

The Janus team has announced changes in the way the distribution of the Janus asset:

  • 800 000 Janus assets that were initially planned to be sold during this quarter in the Nxt Asset Exchange have been moved to the C-Cex exchange for sale. This way, investors will have more opportunities to buy Janus straight with BTC, without having to get rid of their NXT.
  • The current distribution, ending on the 3rd of July, will be the last token distribution Janus is going to offer. Furthermore, on 3rd of July, the total supply of Janus will decrease from 97 million to 37 million.

bjorn_bb states:

We will be moving 800,000 Janus tokens of this quarterly distribution from the asset exchange to C-Cex to allow those holding NXT for Ignis conversion more options for larger buys via BTC set at 0.00003 sats. This will be the last token distribution we do, afterwards expect the total supply of Janus to decrease from 97 million to 37 million early July. This notice gives all traders time to plan accordingly in the business sites we are delivering. Currently less than 14 million Janus are in circulation…

Those who wondered you can use BTC/NXT/etc/Ardor if you are interested in getting a token discount for the 2 mil Janus required to get access to JanusXT tier… 1 JanusXT spot remains available.

Source and more information: https://bitcointalk.org/index.php?topic=1677509.msg18509621#msg18509621

Janus News

https://janustoken.com

https://nxtforum.org/the-janus-project/janus-(jns)-blockchain-secured-global-business

#janusproject (Link to join Nxtchat on Slack)

(Back to the Index)

 

DEVELOPMENT

  •  Ardor – Development Roadmap

An updated detailed Ardor roadmap has been published by Jelurida, the corporation of core developers working on Nxt and Ardor. In this roadmap, we can see how the developers have managed up to now to meet all the deadlines so far with no delays. Everything is going as planned, and Ardor’s main launch is getting closer.

  • Q1 2017 (done)

    • Testnet launch, parent chain with multiple child chains architecture fully implemented, including UI support
    • Cross-chain Coin Exchange
    • Child chain block creation (“bundling”), fees in native child chain coins
    • “By Holding” dividend payment transaction type
    • Major rewrite and optimization of the peer networking layer
  • Q2 2017 (in progress)
    • Additional Asset Exchange transaction type improvements
    • Prepare for the migration of aliases, holdings, and account settings from the Nxt blockchain to the IGNIS child chain
  • Q3 2017
    • Ardor mainnet launch
    • Migration of ARDR balances from the Nxt blockchain asset to the Ardor Genesis block
    • Spawn of the IGNIS child chain based on existing NXT balances, crowdfunding pre-sale, and development funds
    • Spawn of BTC, EUR, and USD pegged child chains backed by 3rd party business entities
  • Q4 2017
    • Pruning of child chain transactions and sharing of snapshot data between nodes on testnet
  • Q1 2018
    • Pruning and snapshotting implemented on mainnet
    • Additional child chains launched on mainnet
    • Support for child chain specific transaction types

There are also some research projects going on, such as:

  • Child chain specific subnets to improve scalability
  • Blockchain pruning of the Ardor parent chain
  • Child chain specific parameters such as block times and message size
  • Allow user issued child chains

Source: https://www.jelurida.com/ardor-roadmap

(Back to the Index)

 

  • Jelurida – Private Blockchain Evaluation Kit v1.11.5

Riker, Nxt and Ardor core developer and member of Jelurida, made a post on Nxtforum announcing the release of a new version of the software to evaluate the operation of private blockchains, which a modified version of Nxt 1.11.5. By using the “Private Blockchain Evaluation Kit”, users are able to rapidly prototype, develop, and test Nxt-based applications on a private, local testnet, without having to join the public testnet or the production blockchain.

Lior Yaffe says:

We expect this evaluation release to be useful for the following purposes:
1. Application developers who plan to eventually deploy their application to public Nxt blockchain.
2. Businesses evaluating the suitability of the Nxt platform for their own private blockchain use case.
3. Academic research and experimentation with proof of stake blockchain technology.
4. Users who want to learn how the Nxt blockchain works, without having to purchase NXT or ask for testnet coins.

Any company can use this to setup a private network, the limitation of this kit, is that the Genesis account with a well known passphrase can submit transactions. We believe that this by itself prevents the usage of this private blockchain for production and that whomever wants to use it for production will need to license a fully functional version from Jelurida.

Source and more information: https://nxtforum.org/nrs-releases/private-blockchain-evaluation-kit-v1-11-4/msg231042/?topicseen#msg231042

https://www.jelurida.com/evaluation

(Back to the Index)

 

NXT IN THE MEDIA

  • IBS Intelligence & Bitcoin Agile – Ardor Roadmap

Several online news platforms have covered the recent release of the Ardor development roadmap by Jelurida. Such is the case with Alex Hamilton, who has written an article at IBS Intelligence about it, as well as Bitcoin Agile, which has also discussed this announcement.

Both reports explain some of the functionalities that Ardor child chains will have, such as the ability for users to create their own assets and have them traded on a decentralised asset exchange. They will be able to set up their own child chain that will include pre-installed features from Nxt. Moreover, it will be possible to exchange tokens from one child chain to another. In other words, a cross-chain coin exchange.

Ardor will be designed and tested during this quarter. In the second half of 2017, we will see the launch of the Ardor mainnet. The full launch of Ardor will not mean that Nxt will lose support, because both platforms will exist and get support even once Ardor is launched.

Dave Pearce, board member of the Nxt Foundation, states:

The community is very proud of the progress that has been made since we announced the launch of the Ardor Platform… The  team of software engineers and expert coders at Jelurida are working on creating a platform that can be applied to any number of industries

Source: https://ibsintelligence.com/ibs-journal/jelurida-outlines-ardor-blockchain-platform-next-steps/

http://bitcoinagile.com/C7FED9/jelurida-sets-out-its-roadmap-for-ardor-blockchain-platform_stream

(Back to the Index)

 

PRICE EVOLUTION

  • CryptoWatch – NXT/USD & NXT/BTC Pairs Included

CryptoWatch is a real-time market visualization tool that allows users to customize its interface around their trades.

Some of the features included with this tool are:

– Standard OHLC candle chart
– RSI and MACD indicators
– Keltner Channel, Parabolic SAR, and EMA overlays
– Multiple dark and light background themes
– Ability to zoom in
– Live ticker navigation which shows real-time price of the coin you are viewing
– Option to convert all fiat prices into USD, EUR, CNY, or CAD
– Fullscreen mode
– Overlay of your trades on the price chart
– Calculation and comparison of your last trade vs. the current market price

Recently, this platform has added NXT/USD and NXT/BTC pairs, based on the data provided by Poloniex. From now on, all nxters can see how the price of NXT evolves using this tool. Moreover, it is possible to connect to your Poloniex account using an API key and visualize how you are doing in real time and enabling you to execute trades from within the same interface.

Source and more information: https://cryptowat.ch

https://bitcointalk.org/index.php?topic=754677.0

(Back to the Index)

 

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

New public Ardor repository

Nxt and Ardor lead developer Jean-Luc (Jelurida) has announced that he will change the location of the official public Ardor repository from https://bitbucket.org/JeanLucPicard/ardor/downloads/ to https://bitbucket.org/Jelurida/ardor/downloads/

Ardor packages uploaded to the Jelurida repository will be signed with the
official Jelurida software releases signing key, 0xC654D7FCFF18FD55, already
used for signing the Private Blockchain Evaluation Kit packages.

The latest release 2.0.3e has already been uploaded to the new location.
In a few days, the old repository will be deleted, with a notice directing
users to the new one. Please update any hardcoded website links.

Source: https://nxtforum.org/nrs-releases/ardor-public-repository-migration

Nxt news – April 2017 (I): The Greater the Difficulty, the Greater the Glory in Surmounting It

April 2017 (I)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Hyperledger – Vendor Members List

Hyperledger, a Linux Foundation project, intends to create an advance cross-industry blockchain technology through a collaborative effort and has been doing so since 2015. Hyperledger has recently set up a special section on its website to let the public know about Hyperledger members that offer a variety of products and services around and based on various business blockchain technologies. The Nxt Foundation is included in this section.

Travin Keith, the Marketing Director and a Blockchain Consultant of the Nxt Foundation, is the person in charge of representing the Nxt Foundation at Hyperledger, where numerous well-known players in the finance and tech industries are members of, such as: Cisco, Fujitsu, Hitachi, IBM, Intel, Red Hat, Grupo Deutsche Börse, J.P. Morgan, etc.

The Nxt Foundation is a nonprofit organization that promotes the use of Nxt and Ardor blockchain technology. Since 2014, we have been a point-of-contact for businesses and organizations interested in using this technology and have since expanded our operations to further support the broader community.

Blockchain Products/Services Offered: Businesses and organizations can consult with us regarding the use of the open source feature-filled Nxt and Ardor blockchain technologies that we support, whether on the public chain or a private one, for various blockchain-based solutions spanning a wide range of industries. Existing blockchain features include Arbitrary Messaging, Polling, Phased Transactions, Asset Creation, and an Asset Exchange, as well as a Plugin system, to name a few. The Nxt Foundation can also connect interested parties with the developers of both blockchain platforms for customization.

Headquarters: Amsterdam, Netherlands
Active Geographies: Worldwide
Industries: Any industry with blockchain technology needs.
Email Address: travin@nxtfoundation.io

Source and more information: The Nxt Foundation joins Hyperledger

https://www.hyperledger.org/about/members/vendor-member-directory

https://github.com/hyperledger/hyperledger/wiki

(Back to the Index)

 

  • Intel & The Floor – International Blockchain Hackaton

In some previous newsletters, we announced that Lior Yaffe, a Nxt and Ardor core developer, will be attending to the International Blockchain Hackaton in Tel Aviv on the 29th and 30th of March, 2017. Nxter.org covered this story by releasing two articles that include all the details about Lior’s participation at this event and the event itself.

 

The challenge set by the organizers was to establish a digital, one-stop-shop solution to register shares, handle corporate actions, and allow for updates of company capital structure. This could sound like a tough job, but it isn’t really a problem for Nxt, because most of the features needed are already included in the Nxt core, as Lior explained:

The “problem” is, that the functionality we provide out of the box with data cloud, phasing, messages, account ledger, encrypted file attachment, shared key is enough to implement this.
I don’t have anything real to develop.
The mentor told me “you better work on a presentation.”

And this is the result:

Click here to watch a video with Lior’s presentation.

More information: Hackaton – day 1

Hackaton – day 2

(Back to the Index)

 

  • Cryptomate – Buy NXT via Bank Transfer in the UK

Now you can buy NXT via instant online bank transfer in the United Kingdom thanks to Cryptomate, a service that offers an easy and fast way to purchase cryptocurrencies. It benefits from the Faster Payment Service, which lets you complete your purchase really fast (however, still very far behind the confirmation speeds in blockchain technology).

Simply choose the cryptocurrency you want to buy, enter your email address and crypto wallet details, and make your payment through online banking. Once your order has been paid you will receive your coins in your wallet.

CryptoMate puts a strong focus on security. Nothing is more important to us than keeping our customers safe and secure while using our service. Using our peer-to-peer Trusted Vendor system means that we do not store any cryptocoins or customers’ money. We use SSL for point-to-point encrypted communications, and store all customer information in a secure database.

Non-verified users have a total order limit of £250. If you verify your identity your daily limit is set to £1,000.

Source: https://cryptomate.co.uk/buy-nxt/

(Back to the Index)

 

DEVELOPMENT

  • NRS Update – Version 1.11.5

A new version of the Nxt Reference Software has been published. The changelog includes the addition of firstIndex and lastIndex to the getUnconfirmedTransactions and API getUnconfirmedTransactionIds, in order to support pagination. Moreover, minor performance optimizations and UI improvements have been made. H2 has also been updated to version 1.4.194 and jetty has been updated to version 9.3.17.


You can download the NRS update straight from your current Nxt client or from Bitbucket. Always make sure that the given SHA256 signature is exactly the same as the hash of the file. You can check it using your NRS wallet, online third party services, or locally-run third party software, so that you are absolutely sure that you are receiving the original file.

  • Android Wallet

The Nxt client application for the Android platform has also been updated with the latest version of Node (v7.8.0), NPM (4.4.4) and Apache Cordova 6.5.0.

Keep in mind that the mobile wallet that this version brings us works much as the Light Wallet. It connects to an aleatory public node every time you run the app while being able to use almost all the features of the full client. You can download it for your Android phone from here.

Hash 94f71ed4d3762dd2e28f28bf0f8760a5a2c3cb78ee22a257639cc39dbe0c2621

Source and more information: https://nxtforum.org/nrs-releases/nrs-v1-11-5/

https://bitbucket.org/JeanLucPicard/nxt/downloads/

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-mobile-client-android-1.11.5.0.apk

(Back to the Index)

 

  • Ardor – v2.0.3e for Testnet

Jean-Luc, Nxt and Ardor lead core developer and member of Jelurida, has released the last version of the Ardor testnet – v2.0.3.e. This version brings improvements such as how unconfirmed transactions are processed and in the Coin Exchange UI. Additionally, Jetty has been updated to version 9.3.17. As with the previous versions, the source code isn’t provided.

You can download the NRS update straight from your current Nxt client or from Bitbucket. Always make sure that the given SHA256 signature is exactly the same as the hash of that file.

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-3e/

(Back to the Index)

 

  • Ardor Public Repository Migration

Jean-Luc has announced that Jelurida, the corporation founded by the core developers of Nxt and Ardor, is changing the location of the official public Ardor repository. The new address is https://bitbucket.org/Jelurida/ardor/downloads/

The Ardor packages uploaded to the Jelurida repository will be signed with the official Jelurida software releases signing key, 0xC654D7FCFF18FD55, already used for signing the Private Blockchain Evaluation Kit packages.
The latest release 2.0.3e has already been uploaded to the new location.
In a few days, the old repository will be deleted, with a notice directing users to the new one.

Please update any hardcoded website links.

Source: https://nxtforum.org/nrs-releases/ardor-public-repository-migration/

(Back to the Index)

 

NXT IN THE MEDIA

  • Nxt Foundation – In the Media

The Nxt Foundation has created a new section on its website that makes it possible to see the appearances of the Nxt Foundation in the media with direct coverage, article assistance, quote contributions, interviews, or even full articles as contributors.

After many years of hard work, Nxter.org is playing a prominent role here, since it’s the informational media that provides more coverage of Nxt, Ardor, the Nxt Foundation and the whole ecosystem around it, than any other organization.

If you would like to collaborate with the Nxt Foundation, please reach out to us at info@nxtfoundation.io.

Source: https://www.nxtfoundation.io/in-the-media-nxt-foundation/

(Back to the Index)

 

PRICE EVOLUTION

  • TradingView – NXT Very Long!

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 Altcoinanalytics. This user has given a personal impression of the path NXT’s price is going to follow.

We will see great movements “UP” on the NXT … chart in the next few weeks, be excited and don’t miss the train again!

We’d like to point out that we are just echoing the opinion of an analyst because it’s referring to NXT. However, that doesn’t mean that Nxter approves nor disapproves this opinion. Investors are always responsible for doing the proper research and analyzing the risks when investing in volatile markets such as cryptocurrencies.

Source: https://www.tradingview.com/chart/NXTBTC/2Qy6y4Rl-NXT-very-LONG/

(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)

Ardor v2.0.3e

Ardor v2.0.3e

THIS IS THE LATEST ARDOR RELEASE

Link to all releases.

Digital signature: "Stichting NXT"

.sh Sha256:
58f5f96c189db2e77eb7dd6ae08e7c34cb4aceb4c651447241167718e6c8c3a1  ardor-client-2.0.3e.sh

Release 2.0.3e:
https://bitbucket.org/Jelurida/ardor/downloads/ardor-client-2.0.3e.zip

2.0.3e .zip Sha256:
1939865688b35c40d9c6cda160fb6f61bc2c6022e85dba4057b4deec3a81f54e  ardor-client-2.0.3e.zip

Release notes

Minor unconfirmed transaction processing improvements.

Coin Exchange UI improvements and bugfixes.

Updated jetty to version 9.3.17.

This is an experimental release for testing only.

-

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-3e/


Core development:
https://www.jelurida.com

Jelurida Q&A – Nxt core devs mean business

 

About Ardor

Ardor roadmap
Website: www.ardorplatform.org
ARDR asset: https://nxter.org/ae-ardr

Holding the ARDR token provides the ability to bundle many child chain transactions into a ChildChainBlock transaction on the main chain (i.e. become a bundler) and forge transactions on the main chain.

ARDR is trading on Nxt AE and on central exchanges.

DEVELOPERS

Using the Nxt / Ardor API
Nxt and Ardor feature comparison

Ask for test-ARDR here: Nxtforum thread

TESTNET DEMO:
https://demo.ardorplatform.org/index.html


Public testnet launched on February 11, 2017:

Ardor Testnet is Launched

Ardor-testnet

Nxt news – March 2017 (IV): There is Nothing Like a Dream to Create the Future

March 2017 (IV)

 

Here’s some of the latest news about Nxt over this past week:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Gartner – Blockchain: How Real is the Market?

Gartner is one of the world’s leading information technology research and advisory company oriented towards businesses. It operates in more than 90 countries and has about 9,000 associates who assist thousands of companies around the world.

Recently, Gartner hosted a special webinar by Rajesh Kandaswamy, Research Director of Gartner, which analyzes some facts and trends of blockchain technology, starting with a brief explanation about how a blockchain works, then moving on to it’s evolution, how blockchain activity can benefit most industries, and the large capatalization that this technology is achieving.

Rajesh reminds us that this technology has a lot of potential, but hasn’t matured yet. There are also many notions about blockchain that aren’t true, either because they are just plain myths or because they haven’t been developed yet. Moreover, the ecosystem is still a little blurry, with many different platforms solving different problems, as is the case with Nxt, which is included in this report which can be considered to the detriment of other blockchain platforms that the crypto market considers more appealing.

Source and more information: https://www.gartner.com/webinar/3607520/player?commId=246997&channelId=5500&srcId=1-3478922244 (registration required)

(Back to the Index)

 

  • Nxtchat – Now Connected to the Slack Shared Network

Last February, Coinbar launched a joint project to increase communication, awareness, and education among different crypto platforms, as well as the promotion and expansion of the user-base of each project.

That’s the reason why they decided to connect the chats of all of these projects on Slack in a single unified channel called #slack-shared-network.

Nxt and Ardor have recently joined this SSN, where other projects where already integrated, such as Aurovine/AudioCoin, Coinbar & Coinbar Plus, Synergy, SaluS, BlockPool, Project Radón, Bitswift, BlackCoin, SuperNET, LBRY, Silk Network, VertCoin, ZCoin, Intellisys, Rubies…

This way, users can now start a friendly discussion with other crypto communities and share ideas and solutions with them.

Source and more information: http://slacksharednetwork.com/

https://bitcointalk.org/index.php?topic=1357996.0

Channel #slack-shared-network on Slack (link to join Nxtchat on Slack)

(Back to the Index)

 

  • Betterbets – Huge Amount of NXT Wagered in This Platform

Betterbets.io, launched by members of the Janus team, is one of the most popular casinos with the highest volume among provably fair and secure bitcoin gambling sites. It’s also where you can use NXT to place your bets. Stats since the integration of NXT have been recently shared with the community.

Bjorn states:

Since January 21st stats on NXT use for betting on betterbets.io Total Bets: 23,436,483   Wagered: 128,010,206 NXT
Considering it was a gamble to add NXT as it’s not usually something a business showcases for gambling these statistics are very good and higher than I’d anticipated. Very cool, I haven’t checked this for over 3 weeks it’s solid

Travin Keith, board member of the Nxt Foundation, also points down:

1/8th of the entire NXT supply wagered on Betterbets!

The Janus ICO is still going on and 90% of the profits coming from NXT betting at Betterbets will be given away to the holders of the Janus token. The team, according to the predefined strategy, will raise the price every three months, thus benefiting early investors while giving the opportunity to current doubters to join later, though at a higher price, when more news comes. You can buy your JNS assets on Nxt’s Asset Exchange. Moreover, at the beginning of every month, (though on the 28th of March this time for April) dividends are given away among owners of the JNS asset.

Source and more information: https://nxtchat.slack.com/archives/C302TRJAV/p1490456099318618

#janusproject (Link to join Nxtchat on Slack)

https://nxtforum.org/the-janus-project/janus-(jns)-blockchain-secured-global-business

https://janustoken.com

(Back to the Index)

 

DEVELOPMENT

  • Ardor Testnet – Live Demo

Zuqka, a member of the Nxt community and booster of the solar forging device for Nxt, has been assisted by Vanbreuk to launch the public a live demo of the Ardor Testnet. This way, anyone who wants to try out the functionalities of Ardor without having to download or needing to configure the client, as well as without having to wait to the launching of the Ardor main net, expected to happen in the third quarter of 2017.

You no longer have an excuse! You just have to type the following address on your web browser https://demo.ardorplatform.org/index.html and create a new account to start experiencing the future Ardor platform.

Click on the image to open Ardor’s Live Demo

Keep in mind that this is an experimental version that runs on testnet, so, for security reasons, you shouldn’t use your Nxt account and passphrase to try it out.

If you want to make one more step,  you can download and launch locally your own Ardor wallet for the testnet. You only need to download the latest version of Ardor for the testnet and ask for some Ardor and Ignis tokens for the testnet in this thread.

More information: https://bitbucket.org/JeanLucPicard/ardor/downloads/

https://www.ardorplatform.org

(Back to the Index)

 

  • Ardor – Latest Features

In addition to the already-known features that were introduced, Ardor will also bring some improvements to make it easier to set up nodes, thus strengthening the network.

Lior Yaffe, Nxt and Ardor core developer and member of Jelurida, states:

There will be no hallmarks in Ardor. Hallmark while being an innovative feature 3 years ago did not prove itself as adding protection to the network and its awkward design made it difficult to refactor the peer communication. In Ardor we are launching completely new and much more efficient peer communication network developed by ScripterRon which will render hallmarks obsolete.

In Ardor all nodes will have same trust level. Same as any other blockchain.

In nxt 1.x we do not observe significant security increase when using hallmark nodes, my understanding is that large stake holders don’t want to hallmark their nodes in order not to reveal their online identity. This defeats the purpose of hallmarking.
Node owners that do hallmark their nodes attract larger traffic which just adds to centralization not to security.

When asked whether these changes could somehow mean an increase of uncertainty for those who set up a node for the first time, Lior answered:

Hallmarks does not offer protection against this, anyone can set a hallmark. The blockchain download is always performed from several nodes in parallel so one malicious node will be identified and black listed.

Light and roaming client are in danger of connecting to a remote malicious nodes. This is not a concern with submitting transactions since they are signed and validated locally but it is a concern in a case a malicious node feeds the client with false data. To mitigate this we implemented the client status icon and hallmarks doesn’t help against this anyway.

In addition to the foregoing of hallmark nodes, Lior has also clarified what will happen to the current ARDR assets on Nxt, once the Ardor blockchain is launched:

When launching the Ardor mainnet with balances based on the NXT Ardor asset, we’ll have to make the Ardor asset disappear from NXT so that users are not confused or scammed to continue trading it as NXT asset. This would be another hard fork for NXT.

Source: https://nxtchat.slack.com/archives/C0JR86S2U/p1490426564755718

https://nxtchat.slack.com/archives/C0JR86S2U/p1490432439923612

https://nxtchat.slack.com/archives/C0JR86S2U/p1490439678136943

https://nxtchat.slack.com/archives/C0XP71MBL/p1490426352863259

Link to join Nxtchat on Slack

(Back to the Index)

 

NXT IN THE MEDIA

  • NxtFolks – NXT, Ardor, Wallets, Asset… Lets Clarify

TheWireMaster, an active member of the Nxt community, recently published an article on the NxtFolks platform with some comments and clarifications about Nxt and Ardor, in order to make things easier for newcomers.

As explained in the text, there currently isn’t an Ardor client for the main net – it’s just available on testnet. The only wallet that runs on the main net at the moment is the Nxt wallet.

The final launch of Ardor’s network will take place in the third quarter of this year. Until then, it will only run on test net. In the meantime, you can buy/sell the ARDR asset on the Nxt Asset Exchange, just like any other asset. When Ardor is released, you’ll be able to use the passphrase you currently use to log into your Nxt account to log to your Ardor account, where your Ardor tokens will have been credited according to the amount of ARDR assets you hold in your Nxt account.

Furthermore,the article also mentions that the ARDR token will be erased from Nxt once Ardor is launched, by means of a hardfork, as we’ve already mentioned earlier in this newsletter

TheWireMaster also launched a special promotion for those of you who may be interested in signing up at NxtFolks:

Just to remind you that if you subscribe to nxtfolks.com and add you NXT address you get 10000 Folks (MS)…

Source: https://nxtfolks.com/2017/03/25/nxt-ardor-wallets-asset-lets-clarify

(Back to the Index)

 

  • NewsBTC TV – NXT Blockchain Application Platform

The blockchain news platform NewsBTC, founded in October 2013, publishes useful news, interviews, and other bits of information related to the most popular cryptocurrencies.

In the second episode of NewsBTC TV, they focused on the Nxt blockchain. This time, Bas Wisselink, advisory board member of the Nxt Foundation, and Co-Founder of Blockchain Workspace, appears in an interview where he gets the opportunity to show the working space that the Foundation has at A Lab Amsterdam, Lab.208. Bas also makes a brief introduction explaining how Nxt works, its origins, its functionalities, some differences with other platforms, etc.

Source and more information: https://steemit.com/nxt/@newsbtc/nxt-blockchain-application-platform

Nxt Foundation’s working space in Amsterdam

(Back to the Index)

 

  • Coinidol.com – IMO As an Expert: Bas Wisselink

Coin Idol asked Bas Wisselink, advisory board member of the Nxt Foundation and member of Blockchain Workspace, for his opinion as an expert in blockchain concerning a dispute between another platform and Coinidol.

Beyond the central topic of the article, older Nxters may fell some nostalgia when remembering some landmarks in the history of Nxt, which are included in Bas’ explanation, which can help us visualize the exemplary behavior of the members and developers of the Nxt community when they faced adversities, and how they’ve managed to emerge stronger from them:

Bas Wisselink: …we were the first non-bitcoin platform that allowed people to issue Assets. So we had our shares of weird propositions that still managed to scam a lot of money out of people and we as a community were continuously forced to think about how to handle them (and whether we should do something in the first place).

We also had our mini-version of the DAO debacle, when an exchange was robbed of 5% of the complete supply of Nxt tokens. To roll back, or not to roll back? Our community decided overwhelmingly not to, and instead we helped the exchange to do negotiate a rebuy from the actual robber. The exchange, who had very vocally (and understandably!) was for a rollback, took this option and bought back what they had lost.

(Bas) represented NXT … and assisted in negotiating the return of 45 million stolen NXT’s from the BTER exchange alongside Lawyer-of-NXT, DomP, and Amadeus.

Source: https://coinidol.com/bas-wisselink-we-should-treat-razormind-like-gemcoin-scammers/

(Back to the Index)

 

  • LaVoieDuBitcoin.info – Snapshots and Metaphors of a Decentralized Dream

Jacques Favier, the person in charge of La Voie Du Bitcoin, is also the owner of one of the copies of the collectors edition of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions”. Now, after reading the book, he is making his personal opinion about it public on their blog.

Jacques, known for being an articulated writer with an elaborate rhetoric, has analyzed the book, which includes the most relevant events related to this platform that have taken place over the past 3 years: the ICO process carried out by BCNext, the anonymous creator of Nxt, the disruptive features of the platform, the decentralized community, the BTER hack, the Nxt Foundation… and many other aspects, all until reaching the Ardor chapter.

Some interesting quotes that we can find in the blog (in French) are:

The book shows a kaleidoscopic version of the Nxt ecosystem…

A good portion of the book can be read as a type of political manifesto about decentralizacion….

Nxt is presented as a revolutionary tool for businesses, in a business world where the word blokchain became fashionable but was still devoid of content…

When you read the anecdotes included in this book, is surprising to see that just a few wise bankers use Nxt instead of Bitcoin…

Remember that you can buy a copy of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions” at the Nxter.org shop. You can also choose to download the digital edition for your electronic devices, or a paper edition, thanks to the Print-On-Demand service by Lulu.

Source and more information: http://blog.lavoiedubitcoin.info/post/NXT

Buy Snapshot at Nxter.org

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

(Back to the Index)

Ardor v2.0.2e

Ardor v2.0.2e

FOR THE LATEST ARDOR RELEASE CHECK HERE

Digital signature: "Stichting NXT"

.sh Sha256:
76078b6d644e0cd3c05ecdb3aede491c79194351798077ee48b3d4a7efb56434  ardor-client-2.0.2e.sh

Release 2.0.2e:
https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-client-2.0.2e.zip

2.0.2e .zip Sha256:
056e5ae312b5f2fa43d0f2269bfb4611b7df8d64f643470cae8a70b946feba0c  ardor-client-2.0.2e.zip

Release notes

This release introduces an incompatible networking change in bundler rates propagation and is, therefore, a mandatory update for all Ardor testnet nodes.

Improvements in bundler rates handling and APIs:

The GetBundlerRates API now also returns the bundler account and the remaining fee limit for each bundler as currentFeeLimitFQT.

The new GetAllBundlerRates API returns all bundler rates known to the node, for all child chains, subject to optional minBundlerBalanceFXT limit on the bundler effective Ardor balance.

The new BlacklistBundler API allows manual blacklisting of bundler accounts. Rates advertised by such accounts will not be added to the local list of known rates each node maintains. Blacklisting of bundler accounts is also possible using the new nxt.blacklistedBundlerAccounts property.

Bundler rates are now broadcasted every 30 min instead of once an hour.

The new nxt.minBundlerFeeLimitFXT property allows skipping bundler rates that are announced by bundlers with lower remaining current fee limit, default 10 Ardor.

Added peer authentication and encryption framework for the peer networking, to be used for permissioned blockchains.

Added Bundle action for child chain transactions in the UI. Added visual representation of transaction bundling and confirmation status.

Client UI and peer networking bugfixes and improvements.

Updated H2 to version 1.4.194.

-

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-2e/

About Ardor

Ardor roadmap
Website: www.ardorplatform.org
ARDR asset: https://nxter.org/ae-ardr

Holding the ARDR token provides the ability to bundle many child chain transactions into a ChildChainBlock transaction on the main chain (i.e. become a bundler) and forge transactions on the main chain.

ARDR tokens are trading on Nxt AE and on central exchanges.

Initial distribution: Nxt 2.0: Ardor child chain blockchain platform

DEVELOPERS

Ask for test-ARDR here: Nxtforum thread

TESTNET DEMO: https://demo.ardorplatform.org/index.html

Public testnet launched on February 11, 2017:

Ardor Testnet is Launched

Ardor-testnet

ae-ARDR-12422608354438203866

AE LIVE DATA

CryptoCompare  |  Coinmarketcap

[NXTBridgeAssetInfo id=12422608354438203866]

[NXTBridgeAssetPrice id=12422608354438203866]

[NXTBridgeAssetCandlestick id=12422608354438203866]

About ARDR

ARDR on exchanges

Nxt Asset Exchange

Buy with NXT

1 NXT fee no matter the amount.

You receive ARDR directly in your Nxt account, from where it will be converted to real Ardor tokens when the Ardor blockchain is launched.

Bittrex

Buy with BTC

All trades have a 0.25% commission.

Withdrawal cost is subject only to the transaction fee specified in the blockchain: 1 NXT. Bittrex is operated in Las Vegas, the US.

Btc38

Buy with BTC

Trades are subject to a 0.1% transaction fee.
Registered company accounts pay 0% in 2017.

Btc38 is operated in China.

Changelly

Buy instantly with

BTC, altcoins, Visa or MasterCard.

Changelly charges a 0.5% exchange fee.
Your ARDR will be sent to your Nxt account after the exchange, no 3rd party holds your ARDR.

HitBTC

Buy with BTC

Immediately executed orders: 0.1% fee.

An order which will not be executed immediately is granted a 0.01% rebate on execution. Flat withdrawal cost: 1 ARDR.

Poloniex

Buy with BTC

Maker/Taker fees are:

0.15%/0.25% <600 BTC
0.14%/0.24% >600 BTC
0.12%/0.22% >1200 BTC

LiteBit.eu

Buy with EUR

No information about fees.

Buy via SEPA Bankwire, iDeal, SOFORT, GiroPay + other options. Your purchased ARDR will be sent directly to a Nxt account that you control.

Ardor; "The fundamental concept of the Nxt 2.0 design is a clean separation of „forging token“ and „transactional token“. This new flexible architecture allows users to create their own blockchains, customised to fit their needs, while drawing security from the collective eco- system of the global Nxt 2.0 platform".

~ Jean-Luc, Nxt and Ardor lead developer

 

Contact ARDR

ARDR is an asset representing the Ardor forging token.
Ardor is a decentralized blockchain 2.0 technology platform, it has no leader.

JELURIDA

The Ardor core is being developed by a team of devs.
This team owns the IP rights to the software and is incorporated in the company Jelurida.

If you are looking for professional consultation, a private blockchain or custom features, you would contact Jelurida.

Nxt news – February 2017 (IV): A Mind is Like a Parachute. It Doesn’t Work if it isn’t Open

NXT NxtCoin 2. generation cryptocurrency news

February 2017 (IV)

 

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Adel – Established as an LLC

Adel’s team, the community-powered startup incubator that focuses on blockchain technology, has recently announced that it is going to create a Limited Liability Company to meet all of the legal and tax issues stemming from the Anti-Money Laundering and the Countering the Financing  of Terrorism Code (2015). As a direct consequence of setting up this complex legal structure, the start of the ICO process is going to be delayed for 2 months.

Nxter.org was one of the first media outlets to cover this piece of news in this article where Arthur Penzl gave us his opinion about this change:

To me, as potential investor, this is good news, worth a 2 months delay.
Others may disagree and can air their counter opinions in the comments field.
But, we all know it. If cryptocurrency technologies and blockchain ICO’s are to ever gain mainstream adoption, there’s no other way but to leave the grey zone behind, legally register, and comply with all regulatory and legal requirements including KYC/AML policies. I wish Adel good luck with that – many eyes will undoubtedly be on them.

Creating an LLC will further allow Adel to have the necessary legal structure to protect the brand, investors, and the whole ecosystem. The team also hopes that this step they are taking will set an example for future ICOs.

Source and more information: nxtforum.org/adel/(ann)-(adl)-adel-startup-incubator-for-blockchain-innovation/msg228060/#msg228060

bitcointalk.org/index.php?topic=1706282.0

www.adelphoi.io

(Back to the Index)

 

  • BlockShow Europe 2017 – Last Call for Tickets

There are just a few tickets left for the BlockShow Europe 2017, which will take place in Munich on the 6th of April this year. If you want to take part in one of the most important events in the blockchain ecosystem and meet some recognized members of the Nxt community, you should hurry up and buy your tickets before they are gone!

Remember that you can get a 20% off the price when buying your ticket by entering the promotional code NXTMUNICH.

There are only 6 tickets left with the 20% rebate for Nxt attendees and only 10 tickets left in total, according to CoinTelegraph, so do NOT hesitate if you want to attend this great event!

In our previous newsletterDave Pearce, board member of the Nxt Foundation, who is going to represent the Foundation at this event, asked for some community members to help create some promotional materials about Nxt and Ardor for distribution among the attendants or for display at the booth itself. So, now you know, if you have some time and energy to help the Nxt community, this is a good time for you to contribute some of your time.

Source and more information: nxter.org/only-few-blockshow-europe-tickets-left-get-yours-with-a-20-rebate/

Channel #ctblockshow on NxtChat on Slack (Link to join https://nxtchat.herokuapp.com )

(Back to the Index)

 

  • Roberto Capodieci – Speaker At the 5th Supply Chain Finance Summit

Roberto Capodieci, DeBuNe‘s CEO and partner of the Nxt Foundation, will be a speaker at the 5th Supply Chain Finance Summit in Singapore. This event is organized by the ICC Academy, which is part of the Paris International Chamber of Commerce, the biggest business organization in the world, which has 100 years of experience in supporting the growth of the private sector.

This event is one of the most important in its field and aims to have a variety of important audience members such as: financial institutions,  multilateral development banks & export credit agencies, government organizations, independent financiers, insurance brokers and underwriters, lawyers and consultants, Fintech companies, service providers, etc.

‘Trade Finance and Blockchain’ presented by Roberto Capodieci, CEO at OTDocs.com, and CTO at Digital Billions

It’s also worth noting that on the 14th of February, Roberto also gave a masterclass titled Open Blockchain Platform for Trade and Supply Chain at the 2nd Annual Supply Chain Finance and its Alternatives conference, which also took place in Singapore.

Source and more information: https://twitter.com/TheICCAcademy/status/835076474143023106

https://scfsingapore.icc.academy/

Interview with Roberto Capodieci

(Back to the Index)

 

DEVELOPMENT

  • Jupiter – New Blockchain Based on Nxt Technology

Steven Grove, aka Sigwo, founder of the Darcrus platform, has announced the future launch of the Jupiter platform, a new customized blockchain created with the support of Jelurida, the corporation that brings together the developers of both the Nxt and Ardor platforms. Jupiter is going to be the new private blockchain that will sustain Sigwo Technologies LLC, an ambitious project that will create a secure, decentralized, and effective system to store and encrypt your data.

This is what Steven says about Jupiter’s features and the reasons why they want to use a private blockchain based on Nxt:

I’ve been testing on NXT’s testnet for 2 months, validating my design of decentrally storing and encrypting syslog/authorization messages from my Linux servers. In my testing, I found increased fees were needed to be paid due to the complex nature and size of my messages. After consulting with the NXT Core Devs, Sigwo Technologies will be securing it’s own blockchain for building the future platform…

..The reason behind creating Jupiter is simple… Using any other blockchain would not be economically feasible. One example of my encrypted syslog application would create 29 million messages daily. In NXT terms and today’s prices, that would cost this particular business $1,238,300.00 per day to store messages..

Jelurida is the company building Jupiter and have a proposed delivery date of March 10th, 2017. In this time I will be starting plugins (dappsheets) to showcase the flexibility of Jupiter while I wait. I still test on the Nxt testnet for now. Jupiter will have non-tradable tokens that are included in software packages to create transactions and store the data on the blockchain. After a time period, tokens are recycled to the businesses to continue their use of Jupiter and it’s plugins. Data is always theirs, as simply having the passphrase will unlock all the data stored. The recycling period is akin to a subscription and support package.

Source and more information: https://blog.darcr.us/february-update-c32bb0946c48#.uzm8f9r4c

https://darcr.us/

(Back to the Index)

 

NXT IN THE MEDIA

  • Decentralized Revolution – Blockchain Applications That Are Not Bitcoin

The concept of colored coins in Bitcoin has been the catalyst for new crypto platforms that go beyond just money transfers. In this article published on Decentralized Revolution, Kareem Audi gives a short overview of three blockchain platforms that, in his view, have big advantages over Bitcoin, such as Nxt.

Nxt… packs powerful developer tools to create your own decentralized apps, it also has an internal marketplace, much like eBay… it has its own decentralized voting system, and it’s own decentralized storage with more features being rolled out constantly… ARDOR is just one

Source and more information: http://www.decentralizedrevolution.com/blockchain-applications-nxt-storj-steemit/

Nxt vs Ardor

(Back to the Index)

 

  • Adel – Why We Chose Nxt

Gabriel Dusil, co-founder of Adel, runs his own blog  where he publishes some of the latest news about the Adel ecosystem. One of the latest entries includes a reference to the 6th white paper published by the Adel team titled Maintaining Integrity, where some of the basic principles of this community-based ecosystem are described, and how it can use cryptocurrencies in a sustainable and profitable way to fund projects.

The State is the People & the People are the State

With this premise in mind, and after extensive research and evaluation, this white paper goes over the reasons why they chose Nxt and Ardor technology to support its infrastructure.

Adel decided to build on the Nxt platform – a blockchain with features that expand the functionality of pioneering cryptocurrencies such as Bitcoin. These features include Shuffling, Voting, Aliases, and Phasing. The source code for Nxt has also been publicly disclosed, optimized, and perfected using (among other techniques) the Error Propagation Method, where the investigation and awarded discovery of deliberately inserted errors serves to help audit the source code itself.

Adel will move to Ardor, the multi-chain development of Nxt, in late 2017. Like Nxt, Ardor will have features that enhance the functionality of blockchain technology, making it an ideal platform for future projects.  The Ardor child chain architecture will allow for the easy creation of a dependent blockchain that will be connected to and secured by the main Ardor blockchain. Ardor also solves scalability issues with a pruning feature so that future nodes will only download and keep transaction records on the main chain, as well as child chain transactions from the past 24 hours. However, it is still possible for child chain transactions to be kept, if so desired, with the use of an archival node that keeps all of the transaction records. This scalability is one of the ‘Holy Grails’ of cryptocurrency and blockchain development.

Nxt has already revolutionized the world of blockchain technology platforms by providing groundbreaking cryptocurrency features, as well as a powerful, modular toolset to build innovative business opportunities. All of Nxt’s functionality will be present in the Ardor platform, in addition to the advanced features (such as global scalability) that the Ardor multi-chain architecture will provide.

The Nxt platform has all the tools needed to successfully manage an asset. Moreover, Ardor lets you have your own personalized blockchain (child chain), which is secured by the Ardor decentralized network. Adel knows all these advantages, and that’s the reason why they intend to be one of the first to benefit from Ardor:

Adel will move to Ardor… Ardor will have features that enhance the functionality of blockchain technology, making it an ideal platform for future projects.  The Ardor child chain architecture will allow for the easy creation of a dependent blockchain that will be connected to and secured by the main Ardor blockchain. Ardor also solves scalability issues with a pruning feature so that future nodes will only download and keep transaction records on the main chain, as well as child chain transactions from the past 24 hours. However, it is still possible for child chain transactions to be kept, if so desired, with the use of an archival node that keeps all of the transaction records. This scalability is one of the ‘Holy Grails’ of cryptocurrency and blockchain development.

Source and more information: https://dusil.com/2017/02/17/adel-white-paper-maintaining-integrity/

www.adelphoi.io

(Back to the Index)

 

  • SteemIt – Exponential Data Growth Could Push Any Blockchain Into Centralization

Oaldamster, author of this article on SteemIt, strongly believes that blockchain technology will become mainstream this year. More and more events related to this technology is taking place, such as the recent blockchain hackaton organized at Groningen, where 50 teams from 11 different countries showed their projects.

Doing some mathematical calculations, the author explains that the block size problem in Bitcoin and how, in his opinion, increasing the size of the block is far from being an ideal solution. The article also talks about Nxt’s Monetary System and how easy it is to launch your own asset on this platform. The author also mentions how Ardor is going to try to solve the problem of blockchain bloat using data pruning to keep the size of the blockchain controlled.

At its current state and the exponential data growth speed it seems almost inevitable that most mainstream accepted blockchains will become more or less centralized

Ardor will be the first fully decentralized platform that will use data pruning to reduce the blockchain bloat problem, thus allowing improved scalability with the child chain infrastructure.

Source: https://steemit.com/blockchain/@oaldamster/exponential-data-growth-could-push-any-blockchain-into-centralization

(Back to the Index)

 

  • Crypto Compare – How To Mine Nxt

This article published at Crypto Compare goes over the resources necessary to run a Proof-of-Work blockchain system, such as: buying expensive mining equipment, extensive hardware knowledge, and hours of dedicated work and patience. The author then explains the differences with Proof-of-Stake platforms like Nxt, the first one to use this algorithm entirely.

Below, you can also find a step-by-step tutorial with images where any user can learn how to start forging Nxt by themselves.

In order to accommodate users that want to participate in the mining consensus, but don’t want to fill their house with hot and loud equipment or bet in a Cloud mining contract, we are going to show you how to mine (forge) NXT. Let’s call this a guide for miners who don’t want to get their hands dirty!

We’d also like to remind advanced users with additional skills that we also previously published a tutorial about setting up a Nxt node on a Raspberry Pi 2. In addition, Megalodon’s campaign, The Forging Bounty Lottery, is still running. So, whenever you generate a block, you won’t only receive the forging fees, but also some extra NXT coming from this campaign.

Source and more information: https://www.cryptocompare.com/mining/guides/how-to-mine-nxt/

The Forging Bounty Lottery campaign

How To: Set up a Nxt node on a Raspberry Pi 2

(Back to the Index)

 

  • Due – Blockchain Keeps Moving Forward as More Innovators Jump In

Miranda Marquit explains, in this blog post published at Due, some of the reasons why blockchain technology is growing in popularity and how more and more entrepreneurs are focusing their attention on blockchain projects such as Nxt.

The author goes over some of the current features of Nxt and how Ardor will add more to it to make it even easier and safer for everyone to make blockchain even more widely used:

Nxt has a… multi-step functionality built in, requiring parties to agree to certain conditions before completing transactions. That way, it’s possible to verify work before sending payment. On top of that, Ardor also allows automatic transactions, making it easier to set up recurring payments.

Source: https://due.com/blog/blockchain-keeps-moving-forward/

(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)

Only few Blockshow Europe tickets left – get yours with a 20% rebate

On April 6, 2017, the BlockShow Europe 2017 event will take place in Alte Kongresshalle, Munich, Germany. The conference is going to be a major international event for showcasing established Blockchain solutions.

Nxt Foundation will attend as exhibitors, and represent Nxt and Ardor with a booth in the main exhibition space. As announced on Nxtforum and the Nxt Weekly newsletter there’s a rebate for Nxters who’d like to attend - all you have to do is register @ https://www.eventbrite.com and enter the promotional code NXTMUNICH before buying your ticket. This will give you a 20% rebate on your ticket. 

There are only 6 tickets left with the 20% rebate for Nxt attendees and only 10 tickets left in total, according to CoinTelegraph, so do NOT hesitate if you want to attend this great event!

Among the conference speakers will be experts, businesses, and practitioners of the global Blockchain industry, such as Ned Scott (CEO & Co-founder at Steemit), Adam Stradling (Bitcoin & Blockchain pioneer and co-founder of Bitcoin.com), Ismail Malik (CEO of Blockchain Lab and founder of SmartLedger), Bernd Lapp (Advisor at the Ethereum Foundation), Matej Michalko (Founder & CEO at DECENT), and old friends, such as Sasha Ivanov (founder and CEO at Waves).

You can see the list of the currently confirmed speakers and the full program on http://events.cointelegraph.com/programme/. Find other Nxters who attend on nxtchat.slack.

Nxt News – February 2017 (III): Knowledge Speaks but Wisdom Listens

NXT NxtCoin 2. generation cryptocurrency news
February 2017 (III)

 

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each:

 

NXT COMMUNITY

  • Nxt Foundation – Designers and Writers Wanted

As we mentioned in our previous newsletter, the Nxt Foundation will attend Blockshow Europe 2017, an event organized by CoinTelegraph that will take place in Munich in just a few weeks. It’s expected to become the most important blockchain-related event in Europe this year.

Dave Pearce, board member of the Nxt Foundation, who is going to represent the Foundation in this event, asked for some community members to help make this event a success:

I’m working on a promo item for Nxt/Ardor to go into the goody bag that each attendee will receive, but we do need a couple of banners and a flier or brochure to give away, and I’m looking for volunteers to help with creating either of these:

Banners need to be approximately 2m high by 1m wide, in a standard roll-up banner style. I’d like to have one for Nxt and one for Ardor,or maybe one for the Foundation plus one for Ardor. They need to be eye-catching and informative, but not too complex. Anyone want to help out by providing a design ? I can get the printing done in NL and take them with me to Munich, so that’s under control.
There will be a bounty for any designs that we use…

We also need a flier or brochure to give away, just to explain in very clear English exactly wtf Nxt, Ardor and the Nxt Foundation are all about. Again: eyecatching and informative, please. Any text writers who’d like to have  ago at this, get in touch. A designer would also be welcome.

So now you know, if you have some time and energy to help the Nxt community, this is the right time to do your bit.

Source and more information: https://nxtforum.org/index.php?topic=13135.msg229962#msg229962

Channel #ctblockshow on NxtChat on Slack (Link to join https://nxtchat.herokuapp.com )

Cointelegraph.com/news/as-blockshow-europe-2017-approaches-more-conference-details-are-revealed

(Back to the Index)

 

  • Spreading Nxt – All For One and One for All

Wolffang, an active member of the Nxt community, has made a public call asking for more help to promote the benefits of Nxt and Ardor. As you probably already know, a decentralized community like this doesn’t have a stable source of income, but rather is composed of a lot of volunteers who work tirelessly and mostly in an altruistic way not only to promote these platforms, but also to inform current users about these developments and other day-to-day matters.

Wolffang has said:

As most know Nxt and Ardor have a great community which is really helpful towards others. The Tech is also one of the best around today in crypto.
NXT and Ardor are way underrated compared to the rest of crypto projects.
Besides the great things the Nxt team is doing we can give them a help with promoting, showing and telling people about Nxt and Ardor.
It will help your own investment too.
I Hope you will help out with sharing the tweets, discuss on subjects, help people out, upvote reddit posts, maybe help in polo trollbox to let traders know the good things etcetera.
The latest news is in the #swarms channel on slack.
Twitter: @NxtCommunity @ArdorPlatform

Reddit
Reddit.com/r/nxt
Reddit.com/r/ardor
Reddit.com/r/cryptocurrency

Bitcointalk Ardor:
https://bitcointalk.org/index.php?topic=1518497.0

Bitcointalk Nxt:
https://bitcointalk.org/index.php?topic=587007.0

Trollbox:

Poloniex.com/trollbox

Also for community discussions:  nxtforum.org

At Nxter.org, we’ll continue spreading the word as we’ve been doing since the beginning, to try to make more people learn about both Nxt and Ardor platforms, together with the full ecosystem around it. If you’re interested in giving us a hand to achieve this objective, please visit https://nxter.org/get-published-get-paid-nxtp

Source: https://nxtforum.org/general-discussion/1-for-all-all-for-1

(Back to the Index)

 

  • Roberto Capodieci – Masterclass About Blockchain Solutions

Roberto Capodieci, CEO of Debune, among many others, offered a masterclass about “Open Blockchain Platform For Trade and Supply Chain”, this past week during the 2nd Annual Supply Chain Finance and its Alternatives in Singapore.

Roberto, who has a great knowledge of blockchain technology and the solutions it can offer, didn’t hesitate to add his personal touch and his usual sense of humour to this event, as we can see in the preview of his introductory speech that he shared with all the Nxters, before delivering it in front of his audience:

Ladies and gentlemen, welcome to this blockchain workshop.
It is gonna be a great workshop. It is gonna be absolutely fantastic.
Believe me. I know all about workshops.  It is gonna be the best workshop.
Today workshop is about blockchain based platforms for trade and supply chain…

Capodieci also didn’t lose his chance to mention Nxt in this speech:

…We use Nxt for our blockchain solutions. It is huge, it is tremendous. Very important people uses Nxt. It is so… it is terrific. You could be one of them, because I know how to make tremendous Blockchain. Chose OTDocs, and it is gonna be: “Blockchain First”. Welcome to the workshop! Let’s make Blockchain great again. With OTDocs…

Source: nxtforum.org/general-discussion/price-speculation/msg229759/#msg229759

(Back to the Index)

 

  • Tipper on Slack – New Functionalities

Nxtswe keeps bringing new functionalities to his tipper bot, the tipping monkey of Nxtchat on Slack. With this new update, you can now tip other users just by attaching emoticons to comments of other users on Slack.

Tipper already has a good handful of functionalities built-in and more functionalities are regularly added in. To use this functionality, start a private conversation with the bot Tipper by typing “help” to know all the characteristics and get some help using it.

Source and more information: nxtchat.slack.com/archives/general/p1486850898686487

nxtwiki.org/wiki/Tipper_Service

github.com/libertyswede/NxtTipbot

(Back to the Index)

 

  • Nxter.org – Hall of Fame

At nxter.org, due the positive reaction from the members of the Nxt community welcoming the first printed edition of the book “Snapshot”, the first book about the Nxt platform, and also thanks to the numerous photographs with clear evidences of happiness for getting their book which many owners have published publicly to show their little treasure (which they don’t hesitate to pose with), we’ve decided to start a new section on our website called the Hall of Fame.

Write @nxter_org in your tweet and get on our Hall of Fame

The newest addition to the Nxter Hall of Fame features the Snapshot book that has traveled (Thanks Travin Keith!) to the northernmost public library in the world, in the town called Longyearbyen in the Svalbard archipelago. In the picture, we can see the happy librarian in charge of this establishment showing us their newest acquisition. Congratulations!

Svalbard’s library already has the book about Nxt

Some other members of the Nxt communty are already present in our Hall of Fame. Click here to check it out!

If you don’t have a copy of SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions, we’d like to remind you that the book is already available in a digital version for your reader in many specialized online platforms, (Amazon, iBooks, GoogleBooks, etc, in addition to Nxter.org, where you can also buy it with BTC) or as a printed book under the Print On Demand service by Lulu.com

Moreover, if you buy the digital edition of the book from Nxter.org you’ll also receive a FREE BONUS of a code to redeem 100 NXTP assets, the pdf version of the Nxt 2nd Anniversary e-book, all together with the SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions ebook package (.mobi, .epub and .pdf)

More information: nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions/

(Back to the Index)

 

DEVELOPMENT

  • Ardor – The Public Testing is Going On

On the 11th of February, the tesnet version of Ardor was made available for the public to use. The Nxt community, one that keeps growing, has stepped forward to test the features of the new platform and to check all the functionalities, both new ones and the ones that were already in Nxt: child chains, assets (that you can use on all child chains), bundlers, aliases, data cloud, account control, monetary system, encripted messaging, shuffling, decentralized voting, phased transactions, plugins, decentralized purchasing and selling, and many others.

Ardor is only going to be in testnet for about 5-7 months until mainnet launches, which is expected to happen sometime in the third quarter of 2017. To participate in the Ardor testnet, you have to download the latest Ardor client here and ask for some tokens for the testnet here (ARDR, IGNIS) in order to start testing the new platform by yourself.

On the other hand, if you don’t have time or aren’t interested in helping with the test and just want to feel the experience of surfing through Ardor’s GUI, then you can use some of the open nodes that let you access this testnet, such as the one set up by Riker http://107.170.3.62:26876/index.html or any other node listed here and create a new account (for security reasons, never use your real Nxt account here) to explore everything that Ardor can offer you.

You can stay updated about the latest progress of the testnet by visiting the #developers channel on Nxtchat on Slack

More information: https://nxter.org/nxt-announces-ardor   https://nxter.org/ardor-testnet-is-launched/

https://nxter.org/ardor-blockchain   https://nxter.org/developers

(Back to the Index)

 

  • Ardor – v2.0.1e for Testnet

A new version of the Ardor testnet has been has been released. The changelog for this version includes some minor bug fixing and improvements to the client UI, as well as peer networking, and improved blockchain download. A Node JS module has also been added. This is an experimental release for testing only, so the source code is not provided with it.

You can download the NRS update straight from your current Nxt client or from Bitbucket. Always make sure that the given SHA256 signature is exactly the same as the hash of that file.

A Mac installer has also been included with this version. You you can download it here and start testing Ardor right away with your Mac computer!

Source and more information : nxtforum.org/nrs-releases/ardor-v2-0-1e/

https://nxter.org/ardor-v2-0-1e

  • Ardor Node JS Module

One of the great improvements that the latest testnet version of Ardor brings us is the addition of Node.jsan open-source, cross-platform JavaScript runtime environment for developing a diverse variety of server tools and applications, based on the ECMAScript language, capable of asynchronous I/O in event-driven programming and the V8 engine by Google.

This is what Riker, a core developer of Nxt, says about this new addition:

Earlier attempts to develop robust client API library for NXT and subsequently Ardor were faced with several challenges:
1. The API library had to send the passphrase directly to a remote node in order to sign transactions, this meant that the remote node had to be trusted, this severely limited the usability of the API library.
2. Some client libraries did implement local transaction signing but still were unable to validate unsigned bytes data returned from a random remote node thus still making it somewhat insecure to submit transactions to a random remote node.
3. Client API libraries were developed by 3rd party developers which sometimes couldn’t keep up with the protocol changes.

In order to address these problems, in release 2.0.1e we introduced for the first time a Node JS module which can be used for JavaScript application development using the Ardor platform APIs. This node JS module is now integral part of the core and in fact is just a thin layer of Node JS wrapper on top of the existing Ardor Wallet JavaScript code.

Being so this node module has several advantages:
1. The Node JS module is able to work securely against any random Ardor node
2. Transaction data submitted to a remote node is validated against the returned unsigned bytes
3. Transactions are signed locally so that the account passphrase is never submitted to a remote node
4. Message encrytption can be performed client side
5. API calls work at a higher level compared to the APIs provided by the existing test page, so that for example, complex numeric conversions and various formatting functions are alreayd implemented by the API library
6. Updates to this API library will follow the standard Ardor release process and will be maintained by core developers
To quickly get started using the node JS module, see instructions in the ./html/www/js/README file which is part of the 2.0.1e release.
The ./html/www/js/sample folder contains several code examples to get you started quickly and provide a reference implementation.

Source and more information: nxtforum.org/general-discussion/ardor-node-js-module/

https://nodejs.org/en

https://en.wikipedia.org/wiki/Node.js

(Back to the Index)

 

  • Docker Image – Nxt 1.11.3

Chevdor has uploaded the latest NRS in a Docker open source container using version 1.11.3

Docker is a tool that can package an application and its dependencies in a virtual container that can run on any Linux server. This helps enable flexibility and portability regarding where the application can run, whether on-premises, a public cloud, a private cloud, bare metal, etc.

As we mentioned in previous newsletters, running NRS in a Docker container can be even easier than running it “the normal way”. It’s especially useful when running Nxt on a VPS: No java required, no download, no specific configuration… In addition to this, in spite of being a type of “virtual machine”, it does not decrease performance.

Source: https://nxtforum.org/general-discussion/nxt-in-a-docker-container

https://en.wikipedia.org/wiki/Docker_(software) and https://www.docker.com

(Back to the Index)

 

NXT IN THE MEDIA

  • Ardor – Launched on Testnet

This week, some media outlets have covered the launch of the testnet for Ardor.

This article by Ian Allison of International Business Times and this other article published at Fintech Finance, goes over some of the new features that Ardor brings, such as:

  • A novel multiple blockchain architecture that allows users to create their own, customized subsidiary blockchains, secured by the main chain.
  • Transactions from these blockchains, known as child chains, are removed from the main transaction ledger approximately every 24 hours, though special dedicated nodes, known as archival nodes, can keep all information if so desired. This approach enables Ardor to scale up to global transaction loads.
  • Ardor solves the blockchain bloat issue with this prunable child chain infrastructure, which side chains do not solve.

Travin Keith, board member of the Nxt Foundation, has this to say about testnet:

Blockchain technology is increasingly entering the mainstream consciousness. The developers at Jelurida BV have created a platform that makes blockchain technology more accessible and delivers scalable solutions for retail and institutional participants. Its potential applications extend to a number of industries burdened with legacy issues and antiquated transaction processing systems

Antony Peyton also gives a brief overview over at Banking Technology about the launch of testnet. The text enumerates some of the new features in Ardor, which has use cases that go beyond financial transactions. The author gives emphasis in the PoS model in which both Nxt and Ardor are based on, and the benefits this model provides:

Ardor and Nxt operate on a proof-of-stake model that can handle higher transaction volumes at a fraction of the energy cost and at ten times the speed

Source: www.fintech.finance/01-news/ardor-blockchain-platform-launches-public-testing-forum/

www.ibtimes.co.uk/nxt-dev-teams-ardor-blockchain-platform-launches-public-testing-forum-1606225

www.bankingtech.com/729431/blockchain-and-bitcoin-round-up-13-february-2017/

(Back to the Index)

 

  • Deep Dot Web – Smart Contract Scripting (Amended)

In our previous newsletter, we talked about the research paper titled Scripting Smart Contracts for Distributed Ledger Technology which included a certain number of inaccuracies about the Nxt platform.

Fortunately, Pablo Lamela, one of the authors of the article, took the time to chat with Lior Yaffe to clarify some of these issues. Just a few days latter, Pablo announced some amendments to their research. Lior and the Nxt community were very glad and thanked the authors for their interest in clarifying all the details about Nxt.

Palas says:

We have modified the paper in https://eprint.iacr.org/2016/1156.pdf to improve the description of Nxt. Thank you @riker, for helping us solve our doubts about Nxt and Ardor. Let us know if there are any other problems with it.

Riker stated then:

Thanks Palas the paper is much more balanced now.

Source and more information: #Deep_dot_web

eprint.iacr.org/2016/1156.pdf

(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)

 

ardor v2.0.1e

Ardor v2.0.1e

FOR THE LATEST ARDOR RELEASE CHECK HERE

Not available yet

Digital signature: "Stichting NXT"

.sh Sha256:0e73f4b9ff9709c58cf9b54ff70f8db34841835bc39073953fef982a5daed99d  ardor-client-2.0.1e.sh

Release 2.0.1e: https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-client-2.0.1e.zip

2.0.1e .zip606d6ada92bb9bb3925442ad97c95cea8c61258c963c828e6d7629d9552df9c5  ardor-client-2.0.1e.zip

Added Node JS module

Ardor 2.0.0e is the first public release of the Ardor testnet.

With 2.0.1e several bug fixes have been added.

Also, Riker writes:

"Earlier attempts to develop robust client API library for NXT and subsequently Ardor were faced with several challenges:
1. The API library had to send the passphrase directly to a remote node in order to sign transactions, this meant that the remote node had to be trusted, this severely limited the usability of the API library.
2. Some client libraries did implement local transaction signing but still were unable to validate unsigned bytes data returned from a random remote node thus still making it somewhat insecure to submit transactions to a random remote node.
3. Client API libraries were developed by 3rd party developers which sometimes couldn't keep up with the protocol changes.

In order to address these problems, in release 2.0.1e we introduced for the first time a Node JS module which can be used for JavaScript application development using the Ardor platform APIs.
This node JS module is now integral part of the core and in fact is just a thin layer of Node JS wrapper on top of the existing Ardor Wallet JavaScript code.

Being so this node module has several advantages:
1. The Node JS module is able to work securely against any random Ardor node
2. Transaction data submitted to a remote node is validated against the returned unsigned bytes
3. Transactions are signed locally so that the account passphrase is never submitted to a remote node
4. Message encrytption can be performed client side
5. API calls work at a higher level compared to the APIs provided by the existing test page, so that for example, complex numeric conversions and various formatting functions are alreayd implemented by the API library
6. Updates to this API library will follow the standard Ardor release process and will be maintained by core developers

To quickly get started using the node JS module, see instructions in the ./html/www/js/README file which is part of the 2.0.1e release.
The ./html/www/js/sample folder contains several code examples to get you started quickly and provide a reference implementation."

Source: https://nxtforum.org/general-discussion/ardor-node-js-module/

Release notes

Change log:

This is a bugfix release, for testnet only.

Added Node JS module, see html/www/js/README.

Multiple bugs fixed and improvements added in client UI, peer networking, blockchain download.

Removed obsolete news page, added About modal.

This release will force a rescan, deleting blocks after height 11619.

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-0e/

For more information about the Ardor testnet launch, see this post. Read the release notes for Ardor v2.0.0e: https://nxter.org/ardor-v2-0-0e/

Learn more about the Ardor platform from www.ardorplatform.org.

ARDR assets representing real Ardor tokens are traded on exchanges.

Also see: Nxt 2.0: Ardor childchain blockchain platform

Nxt news – February 2017 (II): The Best Way to Predict Your Future is to Create It

NXT NxtCoin 2. generation cryptocurrency news
February 2017 (II)

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about each of them:

 

NXT COMMUNITY

  • SNAPSHOT – Digital and PoD edition of the Book Now For Sale

After the successful sale of the printed collector’s edition of “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions”, where 200 numbered units were sold in record time, Nxter.org has finally made this book available in digital and PoD (Print on Demand) editions. Now, anyone who’s interested in owning a piece of Nxt history can buy it. You can buy the book straight from Nxter.org or through many other popular distribution platforms.

The book is a collection of articles, which, after a short introduction to the concept of blockchain technology, looks into the history of Nxt, the world’s first 100% PoS blockchain 2.0 platform that’s oriented to both users and businesses. From its tumultuous launch in 2013, the pros and cons of its distribution model, and the anonymous inventor, BCNext, who handed over the source code to the community and gave them the responsibility to enhance the tech and ecosystem, the book takes the reader on a journey through ups and downs, features, use cases, business projects, and organizational adoption of the technology.

– A collection of articles, which, after a short introduction to the concept of blockchain technology, looks deep into Nxt.

The multi-million dollar fintech and blockchain industries have been advancing at a rapid pace over the past few years, so why is Nxt, an underfunded open source project, still the most advanced? In 228 pages, the articles found in this book tell the story of how a group of mostly anonymous people, investors, cryptographers, economists, and, certainly not least, software developers, as well as businesses, set out to change the world.

If you buy the digital edition of the book from NXTER.ORG you’ll also receive a FREE BONUS of a code to redeem 100 NXTP assets, the pdf version of the Nxt 2nd Anniversary e-book, all together with the “SNAPSHOT – Nxt, Unsurpassable Blockchain Solutions” ebook package (.mobi, .epub and .pdf)

Buy it from the Nxter Shop


(Back to the Index)

 

DEVELOPMENT

  • Ardor – Testnet Launched

After a few weeks completing the necessary work and sharing some of the images, on the 11th of February, Jean-Luc, Nxt and Ardor lead core developer, has finally announced the launch of Ardor’s testnet. After some previous testing done by some members of the Nxt community who were very knowledgeable about the platform, the Ardor testnet is finally ready

From this moment on, much more testing on the features that this platform offers is needed to be done before the launch of mainnet in the third quarter of this year. Thus, this period of time is not only meant to let people have a glimpse into the capabilities of Ardor, but will also let the developers make sure that the platform works properly and make the necessary minor adjustments.

This is an experimental release for testing only. Source code is not provided.

Come on and join us to test the new platform! You can download the software from Github and start experiencing Ardor right now!

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-0e/

(Back to the Index)

 

  • NRS Update – Version 1.11.3

This new version of the NRS has been released just one day before the launch of Ardor’s testnet. The changelog for this version includes some minor bug fixing, small changes in the way the media files are dealt with in the Data cloud, as well as updates to the Jetty version.

You can download the NRS update straight from your current Nxt client or from Github. Always make sure that the given SHA256 signature is exactly the same as the hash of that file. You can check this using your NRS wallet or other online third party services that allow you to do so, so that you are absolutely sure that you are receiving the legitimate file.

Source and more information: https://nxtforum.org/nrs-releases/nrs-v1-11-3

(Back to the Index)

 

  • NSD – A Project Based on Nxt is Nominated for the Futures Options World Award

In April 2016, Russia’s National Settlement Depository announced that they have successfully developed a decentralized voting system, based on Nxt’s Voting System, that was able to process 80 votes per second. Since then, we’ve recently heard that this project was nominated for the Futures Options World Award, which took place last December. This project was announced with the following statement:

The prototype is based on the NXT distributed cryptographic platform, and uses ISO 20022 international standard for messaging. NSD has been working on the project together with DSX Technologies. The project’s open-source code is available on GitHub.

As we mentioned in a previous newsletter, the NSD has ignored the GPLv2 license conditions, and still hasn’t released the code of their new development. The repository they previously used (https://github.com/dsx-tech/e-voting/tree/master/sources/e-voting) only shows a CLOSED SOURCE “nxt.jar” file under the “libs” folder, and the client-side code, which is used to interface with that modified Nxt server code. Therefore, the NSD is clearly breaching the conditions of the license.

Below is an extract of the FAQ for the GNU GPL v2 license:

Does the GPL require that source code of modified versions be posted to the public?
…if you release the modified version to the public in some way, the GPL requires you to make the modified source code available to the program’s users, under the GPL.

We’d like to remind businesses, financial entities, governments, or any person interested in using the Nxt code, that they must respect the license agreement.

Source and more information: https://www.nsd.ru/en/press/ndcnews/index.php?id36=633046
https://nxter.org/russias-national-settlement-depository-trials-nxt-blockchain-based-e-proxy-voting-prototype

(Back to the Index)

 

NXT IN THE MEDIA

  • Decentralize Today – Massive Business Opportunities Hidden in the Nxt Blockchain

Websioux, admin at scriba.io, among others, and member of the Nxt community, has published an interesting article on the news platform Decentralize Today about the Nxt blockchain and the future Ardor platform. The text talks about the new usage possibilities that this technology offers to entrepreneurs and how it can be profitable for their traditional business.

The author accounts for some features included in the Nxt blockchain and explains some practical use cases for businesses, such as: open ledger, which allows you to see all the transactions from/to an account; the data cloud, which allows you to publish small files on the blockchain; private messaging, which allows you to issue contracts that can be verified by consulting the blockchain; account control, which can be used to organize governance in a transparent way, and many more.

The internet is available 24/7 for a party to sign any contract and for outsiders to verify contracts integrity!

The initiative for starting a nuclear regulatory commission using Nxt, which we mentioned in a previous newsletter as well, is one of the innovative examples that the author, already a member of that club, sets as an example of what can be achieved with Nxt.

Source and more information: medium.com/@websioux/massive-business-opportunities-hidden-in-the-nxt-blockchain-1c1ecdb10518#.dj5lyj494

Websioux – PHP Libraries for Nxt

(Back to the Index)

 

  • Deep Dot Web – An Overview Of Smart Contract Scripting For Cryptocurrency Blockchains

In this article by Tamer Sameeh published on Deep Dot Web, the author talks about Smart Contracts, a concept that was coined by the cryptographer Nick Szabo aiming at revolutionizing contract law and formal business practices via the innovation of electronic commerce protocols among trustless parties across the internet

The author explains the evolution that this concept has experienced, its practical applications, and how this concept is applied in different blockchains. Among these, he includes Nxt, though inadequately in our opinion, because Nxt lacks this specific feature of Smart Contracts

Riker, a Nxt and Ardor core developer, clarified some time ago this subject:

“Rather than providing smart contracts, NXT is focused on implementing important use cases and functions directly into the core of both Nxt and Ardor. This approach has proven to be scalable and secure and will become more so when Ardor is released”

However, the text is correct when mentioning that Nxt has a comprehensive API that allows users, together with the Smart Transactions that are implemented in Nxt, a great versatility when developing something close to a Smart Contract.

A portion of the article is based on the results of a research paper published here, a document that has some inaccuracies about the Nxt platform. Fortunately, Pablo Lamela, one of the authors of the article, had the opportunity to chat with Lior Yaffe, to clarify some of these questions. This is what Riker stated after that talk:

Had a good call with @palas and explained a few things about NXT (and ETH), I hope they’ll incorporate my feedback into a more accurate paper

Have a look at the Developers Section to learn about all the features that Nxt has.

Source and more information: www.deepdotweb.com/2017/01/15/overview-smart-contract-scripting-cryptocurrency-blockchains/

http://eprint.iacr.org/2016/1156.pdf

nxtwiki.org/wiki/Phasing

(Back to the Index)

 

  • Blockshow Europe 2017 – Bringing the Best Projects in Blockchain to a Public Forum

In our December newsletter we mentioned the announcement of Dave Pearce, board member of the Nxt Foundation, about the biggest event related to blockchain technology in Europe this year, “BlockShow Europe 2017“, which will take place on the 6th of April. The date is fast approaching and many representatives of fintech and blockchain companies are confirming their attendance

The Nxt Foundation is very proud to announce that the Nxt and Ardor community will be represented at the CoinTelegraph BlockShow Europe. We’ve got a booth/table in the main exhibition space, and will be organizing an Nxt/Ardor presence at the show.

We’d like to get as many Nxters as possible to Munich for this show, so reserve your ticket now, via Eventbrite, using our referral code NXTMUNICH

Source: https://cointelegraph.com/news/as-blockshow-europe-2017-approaches-more-conference-details-are-revealed

(Back to the Index)

 

  • Thinkmind.org – Emergence of Distributed Autonomous Institutions

ThinkMind, a news platform, has published an article, written by Mariusz Nowostawski and Christopher K. Frantz, included  at The Sixth International Conference on Social Media Technologies, Communication, and Informatics – SOTICS 2016

The article presents a novel institutional perspective on the distributed consensus and ledger technology known as blockchain. The text talks about the tools that blockchain technology brings to push Distributed Autonomous Institutions and the benefits they would bring, such as facilitating global interactions, contracts, and value transfers, all of which are achieved without the need for the human-based third party.

The author also explains how the technology offered by Nxt/Ardor allows us, even today, to achieve this objective:

A proposed solution to this problem is the use of child chains to coordinate asset-based transactions as implemented in the new blockchain alternative Ardor… In contrast to Ethereum’s support for general-purpose code, Ardor will concentrate on specific asset-based transactions… The security model is further strengthened by supporting complex preconditions for the execution of transactions… The concept furthermore includes built-in mechanisms to manage governance and decision-making processes in a reliable and anonymous fashion.

Source: https://www.thinkmind.org/index.php?view=instance&instance=SOTICS+2016

https://www.thinkmind.org/download.php?articleid=sotics_2016_2_30_60031

(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)

Ardor Testnet is Launched

Early this morning, Jean-Luc, lead core developer of Nxt and Ardor, made an announcement on Nxtforum.org about the launch of the Ardor testnet. While some testing was already done by some members of the Nxt community who were very knowledgeable about the platform, as we mentioned in our previous newsletter, much more testing is needed to be done before the launch of mainnet in the third quarter of this year, thus the release of testnet. Also, this is a great way to experience the Ardor blockchain without risking any funds as the tokens are given away freely to people who want to try it.

At the moment, only .zip and .exe files have been released, so Mac users will have to wait a bit. Riker, core developer of Nxt and Ardor, mentioned that a client for Mac will likely be released in version 2.0.1e. However, users of Linux operating systems as well as Windows (32 and 64 bit) can get started now. Installation is very similar to that of the Nxt client, with the notable exception of some Ardor graphics.

Ardor’s Decentralized Polling

Some activity has already been going on in just a few hours after launch. On the testnet Ignis child chain, a poll was started asking users about their favorite animal among the animals mentioned. You can take a look at this by choosing the Ignis child chain on the testnet client, clicking on “Voting System” and then “Active Polls”. Remember, while all transactions are processed by the main chain which takes ARDR, when you’re on a child chain all processing is paid for in the child chain token. So, Ignis tokens are required in order to cast your vote.

Sending Bitcoin Using the Alias Feature On Ardor

This is just one of the few things currently being tested at the moment. Get the testnet client and to find out how to request test tokens on ardorplatform.org today and experience this new blockchain platform. If you find any bugs, please report them over at Nxtforum on the announcement thread or through one of the channels listed on the website.

Ardor v2.0.0e

Ardor v2.0.0e

THIS IS AN OLD RELEASE. FOR THE LATEST NRS VERSION CHECK HERE

Not available yet

Digital signature: "Stichting NXT"

.sh Sha256: 32ed1df94300275cf8aac9966a3f26bc6cf607c646fda54f7966953cab9aa882  ardor-client-2.0.0e.sh

Release 2.0.0e: https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-client-2.0.0e.zip

2.0.0e .zip sha256:b814ec631d37e2afc1319a458525d1cfd61c583f61f1d77d8312bc7249131711  ardor-client-2.0.0e.zip

Ardor testnet is here

Ardor 2.0.0e is the first public release of the Ardor testnet.

Read more about the launch in this post.

Learn more about the Ardor platform from www.ardorplatform.org.

ARDR assets representing real Ardor tokens are traded on exchanges.

 

Release notes

This is the first release of the Ardor software, for testnet only. It represents the first milestone in the building of the Ardor platform.

New Features

The main new user-visible feature is the existence of a single forging chain, using the ARDR token, and multiple child chains, each with its own token.

Forging Chain

The Ardor chain is used to establish the proof-of-stake consensus, using ARDR balances only. It supports only a few transaction types: ordinary payments, balance leasing, and coin exchange. Prunable plain or encrypted message attachments are also supported, but not permanent or standalone arbitrary message transactions.

Child Chains

The child chains support all transaction types as previously implemented on the Nxt platform, with the exception of balance leasing which is only available on the Ardor chain, and tagged data extend transaction which has been removed as unnecessary. A child chain can optionally be configured to disable certain transaction types, which has been done for testing purposes on the EUR child chain, disabling the Asset Exchange and Digital Marketplace.

Coin Exchange

To allow trading of child chain coins to each other, and also between child chains and the Ardor chain, a new Coin Exchange module has been implemented.

For trading between child chain coins, the coin exchange transactions are submitted on the child chain of the coin being sold. For trading between a child chain coin and Ardor, the transaction is submitted on the Ardor chain regardless of whether it is a buy or sell, and the fees for such transactions are higher.

Bundling

The bundling process is used to group child chain transactions from a child chain into a transaction on the Ardor chain. Bundlers accept the fees from those child chain transactions, in the corresponding child chain coin, and pay fees in ARDR to the parent chain forgers. Bundlers can be started from the cogwheel/bundlers menu, defining the coin to ARDR exchange rate they accept, a limit on the total fees in ARDR a bundler will pay, and an optional overpay amount.

When a bundler is running, it checks the unconfirmed transactions pool every time a new transaction from the child chain being bundled arrives. If the transaction fee included by the transaction sender, in child chain coins, when converted to Ardor using the exchange rate accepted by the bundler is at least equal to the minimum Ardor fee required for this transaction, the bundler will generate a ChildBlock transaction, including in it this and all other currently unconfirmed child chain transactions satisfying this requirement.

The Ardor fee the bundler will include for the ChildBlock transaction is equal to the sum of the minimum required Ardor fees for each, plus the calculated overpay amount, if any. Such overpay amount is optional, and may be used by bundlers willing to pay more in order to have their transactions included in block instead of those of competing bundlers.

The new ChildBlock transaction will displace from the unconfirmed pool any ChildBlock transactions of the same child chain that include only a subset of the same child transactions.

When propagating through the network, ChildBlock transactions will only be accepted by peers if they either include child transactions not already included in other ChildBlock transactions the peer already has in its pool, or offer to pay a higher fee for the same transactions. This ensures the network is not flooded with ChildBlock transactions even if every node is running a bundler, and allows bundlers to compete for propagating their transactions through the network by offering to pay higher fees.

It is now possible for child transactions to be submitted with zero fees, in child chain coins. If a bundler is willing to pay the Ardor fees for those, they will be included in the blockchain in the ChildBlock created by such bundler.

To prevent the unconfirmed pool from being overfilled with such zero-fees child chain transactions, once the maxUnconfirmedTransactions limit (configured in nxt.properties, default 2000) has been exceeded, child chain transactions will be dropped unless a bundler has already submitted a ChildBlock transaction which includes them.

Bundlers advertise their accepted bundling rates to other peers, signing such rates announcements with the private key of the bundler's account. To prevent fake rates announcements, they can be filtered based on this account effective balance (default set in nxt.minBundlerBalanceFXT is 1000 ARDR).

The GetBundlerRates API can be used to retrieve known bundlers rates, again with optional filtering by minimum bundler effective balance.

Peer Networking

The peer networking has been fully re-written and optimized to use socket connections and binary messages instead of http and JSON.

Block and transaction propagation through the network has been optimized, by sharing with peers the inventory of transaction IDs in the unconfirmed pool or in recent blocks, and only propagating the missing ones, if any, when a new block is generated, or a child block is bundled.

The hallmark feature has been removed as it is not needed anymore, hallmarks are no longer supported.

New APIs

APIs of the new Coin Exchange feature:
ExchangeCoins, CancelCoinExchange, GetCoinExchangeOrder, GetCoinExchangeOrders,
GetCoinExchangeOrderIds, GetCoinExchangeTrade, GetCoinExchangeTrades,
GetExpectedCoinExchangeOrderCancellations, GetExpectedCoinExchangeOrders,
GetLastCoinExchangeTrade.

Bundling related APIs:
BundleTransactions, GetBundlers, GetBundlerRates, StartBundler, StopBundler.

Other new APIs:
GetBalances, GetEffectiveBalance, GetFxtTransaction.

API changes

All APIs that are now chain specific accept a new chain parameter. Either the chain name or the chain ID can be used.

Transaction IDs are no longer 64-bit longs but 256-bit hashes, necessitating changes in all APIs that accept transaction ID parameters or return such in the JSON fields. For transactions on the Ardor chain, 64-bit long IDs can still be used with the getFxtTransaction API, as those are enforced to be unique. For child chain transactions, the getTransaction API now requires a fullHash parameter, in addition to specifying the chain.

Prices and rates are now defined relative to a whole unit of the holding being bought or sold (asset, currency, coin), not to a QNT indivisible unit.

All priceNQT and rateNQT parameters and JSON fields have been renamed where appropriate to priceNQTPerCoin, priceNQTPerShare, rateNQTPerUnit, etc., to reflect their changed meaning of price per whole unit of each holding rather than per QNT.

All "units" parameters in the Monetary System APIs have been renamed to unitsQNT.

DividendPayment API accepts holding and holdingType parameters to allow paying dividends in another asset or MS currency. The amountNQTPerQNT parameter has been renamed to amountNQTPerShare and now refers to dividend amount in NQT per
a whole share of the asset rather than per QNT.

The GetAccount API no longer returns balanceNQT and unconfirmedBalanceNQT, as balances are now chain specific. The GetBalance API should be used to get chain balances instead, or GetBalances for querying multiple chains.

APIs which accept holding and holdingType parameters now require holding to be set to the chain ID when holdingType=0 (coin).

Since 0 is now a valid fee value for child chains, all CreateTransaction APIs will accept it, instead of using it as a request for the server to calculate and use the minimum fee. To let the server calculate the child transaction fee, a value of feeNQT=-1 should be used, and a new feeRateNQTPerFXT parameter must be supplied, to indicate the exchange rate to use when calculating the fee (since minimum fees can only be calculated in ARDR). If feeRateNQTPerFXT is also set to -1, the server will query the currently known bundlers rates for this child chain, also subject to the minBundlerBalanceFXT limit on effective bundler account balance, and use the best one for the fee calculation. As bundlers rates cannot be trusted blindly, the transaction will not be broadcasted in this case, the returned transaction JSON including the fees calculated should be reviewed by the user. The bundler rate used will be returned in the bundlerRateNQTPerFXT JSON field, -1 if no bundlers are known for the chain.

The following APIs have been removed: ExtendTaggedData, GetPhasingPolls, GetTaggedDataExtendTransactions, GetInboundPeers, MarkHost, DecodeHallmark.

Transaction types and bytes format

The numbering of some transaction types has changed, due to the internal reorganizations of the TransactionType classes. Transaction types on the Ardor chain use negative numbers, e.g. -1 for ChildChainBlock, -2 for Ardor ordinary payment. Some transaction subtypes have been moved to a separate type, e.g. voting and phasing related transactions have been moved out of Messaging to a new Voting transaction type. The output of getConstants should be consulted for a full list of the current transaction types and subtypes.

The transaction bytes format has also changed, adding a chain ID, reorganizing the ordering of attachment and appendix bytes, and allowing prunable attachment parts to also optionally be represented in the bytes format, for the purpose of sending them more efficiently over the peer to peer network.

The JSON transaction representation is still supported, even though it is no longer used in the peer networking. Some attachment fields have been renamed for consistency with the API changes - units to unitsQNT, priceNQT to priceNQTPerShare, rateNQT to rateNQTPerUnit, amountNQT for dividend payments to amountNQTPerShare, etc.

Entity IDs

As part of designing child chain transactions to be prunable, it is no longer possible to enforce uniqueness of the 64-bit transaction IDs for child chains. This affects the IDs of derived entities such as Assets, MS Currencies, Polls, Digital Goods, Shufflings, etc.

For global derived entities such as Assets or Currencies, the 64-bit long IDs are still unique and used in the corresponding APIs. Note however that this uniqueness is now only within the same object type, i.e. it is not guaranteed that an Asset and a Currency will not happen to have the same 64-bit long ID.

For child chain local entities, such as Polls and Digital Goods, the 64-bit IDs are still unique, but within the same child chain only, and still used in their APIs. Again, there is no uniqueness guarantee across different entity types anymore.

For entities that are prunable, such as prunable messages, tagged data, and shufflings, the full 256-bit hash must be used as an ID now, and the appropriate APIs have been changed.

Phasing and Account control

Only child chain transactions can be phased. Therefore, when account control is set for an account, it can no longer submit Ardor chain transactions.

Phasing parameters which refer to transaction IDs must now use transaction full hashes instead, prefixed with the chain ID separated with ':'. It is possible to refer to transactions on other chains when approving a phased transaction, or setting up a by-transaction phasing voting model.

The controlMaxFees parameter when setting mandatory approval now accepts multiple values, each fee being prefixed with the child chain ID and ':', to indicate which child chain the limit applies to. If no max fee has been set for a child chain, there is no phasing transactions fees total limit on it for the controlled account.

Transaction selection, sorting, limits and fees

An Ardor chain block can contain up to 10 (ten) transactions, this including both native Ardor transactions and ChildBlock transactions. There is no total payload size limit.

A ChildBlock can contain up to 100 (one hundred) child transactions, subject to a total payload limit of 128 kbytes. Prunable child transaction parts are also counted towards the payload size limit.

There is a limit of one ChildBlock per Ardor block for each child chain.

As in Nxt, it is up to a block forger which transactions to include in a block and how to sort them. The default forger behaviour is to select transactions ordered by Ardor fee (not fee per byte as in Nxt, since there is no block payload limit), and then sort them based on arrival timestamp.

It is also up to the ChildBlock bundler which child transactions to include in a ChildBlock, and this selection can be customized by defining a custom filter in the nxt.bundlingFilter property. The default bundler behaviour is to select child transactions ordered by fee per byte, up to the count and payload limits of a child block, creating several child blocks if necessary. Within a child block, child transactions are sorted based on their full hash, but executed based on sorting them after adding the block hash to the child transaction hash, i.e. the execution order of child transactions within a block is deterministic but not predictable and not controllable by the bundler or by the forger. This is in order to prevent front-running of asset exchange and other trading orders.

Ardor fees from ChildBlock transactions paid to the block forger are shared with the previous three block forgers in 1:1:1:1 ratio. Other Ardor chain fees are fully kept by the block forger, and child block transaction fees (in child chain coins) are fully kept by the ChildBlock bundler.

The back fees sharing which was applied in Nxt for some other transactions types such as currency or asset issuance has been removed, however the limitations of one such transaction per block for scarce blockchain resources are preserved.

Default fee for Ardor chain transactions is 10 ARDR. Default fee for child chain transactions is 0.1 ARDR. A ChildBlock must contain at least one child chain transaction, but there is no minimum ChildBlock fee requirement, i.e. such a ChildBlock with a single transaction in it would require only 0.1 ARDR fee if this is the minimum fee for the child transaction it contains.

Fees for child chain transaction types have been scaled depending on their impact on the blockchain, e.g. asset issuance fees are still 1000 ARDR as assets are global and kept permanently. There is a 1 ARDR extra fee added to transactions that create a new account.

The above fees and limits are set for the current testnet only and are subject to change before the production mainnet release.

Testnet accounts

The testnet genesis block has been created based on account balances from the Nxt testnet, as of 2017/01/01 (block height 1061208). Users who had testnet accounts as of that height should find their ARDR and NXT testnet balances imported into this testnet, to ARDR and IGNIS tokens respectively, plus an approximately equivalent amount of BTC, USD, and EUR child chain coins for testing. To allow for developers testing and running forging and bundling nodes, account holdings have been reduced by 50% which have been allocated to developers accounts.

Upgrading from Nxt

The Ardor release is not an upgrade and does not in any way affect your existing Nxt account or client installation. Both Ardor and Nxt should be possible to run simultaneously on the same machine, as long as the hardware capacity allows it.

The included ArdorNxtComparison.pdf document summarizes the major differences between the Nxt and Ardor platforms, for those deciding which one is a better fit for their use case, or considering a migration from Nxt to Ardor. More documentation should be added as Ardor development and features mature and stabilize.

Source: https://nxtforum.org/nrs-releases/ardor-v2-0-0e/

Also see: Nxt 2.0: Ardor childchain blockchain platform