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

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  • 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

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  • 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/

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  • 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

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  • 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.

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  • 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

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  • 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/

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  • 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

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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

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  • 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

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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

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  • 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:[email protected]/the-dao-incident-ardor-or-nxt-and-the-whole-confusion

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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.

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  • 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

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  • 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:

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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

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  • 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.

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  • 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/

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  • 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)

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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

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  • 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

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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

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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: [email protected]

Source and more information: The Nxt Foundation joins Hyperledger

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

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

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  • 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/

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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

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  • 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 [email protected]

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)

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  • 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

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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

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  • 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

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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

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  • 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:[email protected]/nxt-blockchain-application-platform

Nxt Foundation’s working space in Amsterdam

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  • 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/

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  • 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

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  • 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 )

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  • 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

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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/

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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

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  • 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

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  • 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:[email protected][email protected]ation

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  • 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

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  • 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/

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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:

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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

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  • 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

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  • 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

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  • 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

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  • 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/

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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

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  • 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: [email protected][email protected]cdb10518#.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

Ardor GUI screenshots

Damelon, of the Jelurida, has shared some previews with us regarding the Ardor platform.

This time a screenshot of the Coin Exchange, which allows users to exchange tokens in one child chain against tokens in another child chain, or against Ardor.

Here it is:

A preview of the dialog windows for bundlers has also been shared.

“Bundlers” will bundle child chain transactions and send them to the Ardor main chain where they will be “forged”. This operation costs ARDR. You can read more about how bundling will work in this newsletter.

Source: https://nxtforum.org/general-discussion/(ardor)-coin-exchange-and-bundlers’-screenies/

Advanced Users of Nxt are testing Ardor

Riker, one of the Nxt and Ardor core developers, has invited users on NxtChat on Slack who have a solid knowledge of Nxt to test the new Ardor software on the testnet, in order to speed up the opening of the testnet to general users, which is expected to happen in the near future.

Lior says:

As we are wrapping up the Ardor testnet release, and before we release it publicly, we are looking for power users who know NXT 1.x well to join us in testing the platform. This would be a volunteer base work (unless some whale would like to put an NXT or Ardor bounty for this). You have to be very technical, not easily frustrated and if you have prior background in software development and testing that’s a big plus.

What you will get is:
Access to an Ardor testnet public node first, then access to a binary distribution, and the chance to work with folks like JL, myself and other core devs side by side, who knows, perhaps this would also develop into an employment opportunity in the future.

Most important is UI testing. API testing is important as well. We need someone to test processes like create a poll, vote, check the results. Create an asset, send multiple ask/bid orders and verify that the trade results are correct etc. No need for coding but if know how to place a breakpoint in JavaScript code and check some variables values that’s a big plus.

More information: https://nxtforum.org/core-development-discussion/ardor-pre-release-testing

Channel #developers at Nxtchat on Slack

Nxt news – February 2017 (I): If You Want Something New, You Have to Stop Doing Something Old

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

 

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

  • Ardor – Advanced Users of Nxt Give a Hand in Tuning it Up

Riker, one of the Nxt and Ardor core developers, has invited users on NxtChat on Slack for some volunteers who have a solid knowledge of Nxt to test the new Ardor software on the testnet, in order to speed up the opening of the testnet to general users, which is expected to happen in the near future.

Lior says:

As we are wrapping up the Ardor testnet release, and before we release it publicly, we are looking for power users who know NXT 1.x well to join us in testing the platform. This would be a volunteer base work (unless some whale would like to put an NXT or Ardor bounty for this). You have to be very technical, not easily frustrated and if you have prior background in software development and testing that’s a big plus.
What you will get is:
Access to an Ardor testnet public node first, then access to a binary distribution, and the chance to work with folks like JL, myself and other core devs side by side, who knows, perhaps this would also develop into an employment opportunity in the future.
Most important is UI testing. API testing is important as well. We need someone to test processes like create a poll, vote, check the results. Create an asset, send multiple ask/bid orders and verify that the trade results are correct etc. No need for coding but if know how to place a breakpoint in JavaScript code and check some variables values that’s a big plus.

It seems that things are running smoothly and this pre-release test will help refine some minor details to make Ardor, at least, as stable as Nxt has been throughout all these years. Ardor is on its way.

More information: https://nxtforum.org/core-development-discussion/ardor-pre-release-testing

Channel #developers at Nxtchat on Slack

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  • Nxtforum.org – 1000 New Users in January

We are to be excited! Throughout January, a thousand new members have joined Nxtforum. This is the second month in a row that this membership growth figure has been achieved. This large amount of newcomers, which is starting to become a regular occurrence, is a good sign of the interest that blockchain enthusiasts have put in Nxt and Ardor, which also seems to reflect on the price rise that Ardor has experienced during the past few weeks.

[easy-tweet tweet=”I am also a member of the Nxt community” user=”https://twitter.com/nxtcommunity” hashtags=”#Nxt #Ardor #Nxter” url=”https://nxtforum.org/”]

We’d like to encourage our readers to sign up and become a member of this growing community. Or, if you prefer, you can also join the Nxt community using the following platforms:

More information: https://nxtforum.org/index.php?action=stats

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  • Janus – First Dividend Payment from Betterbets

The Janus team has distributed the first dividend payment coming from Betterbets.io, the betting platform that belongs to Janus, among its investors. The recent successful integration of ShapeShift in this platform allows the players to buy NXT using other cryptos and place their bets straight on this platform with NXT.

Moreover, the volume of bets that were placed using NXT has been quite remarkable. Bjorn, member of the Janus team, explained:

Just to give a recap for stats sake, it’s been about 11 days since NXT on Betterbets.io went live without downtime. Total:   Bets: 965,920   Wagered: 2,255,526 NXT.
NXT stats at almost 1 million bets isn’t too bad really. Over 2 million in volume wagered, also solid. I don’t yet have the numbers for number of shapeshift.io purchases on site but will monitor this as well…

Source and more information: https://nxter.org/es/under-the-knife-1-janus-token

JanusProject at NxtChat on Slack (link to join)

https://www.mynxt.info/asset/4348103880042995903

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  • Liquidtech – Nice Dividend Payment

The LQD asset, managed by LibertyNow, has had a dividend distribution for the month of January with the equivalent of 3.4 BTC distributed among  investors, in the form of NXT and ARDR. Each investor received, in their respective Nxt accounts, 0.64 NXT plus 0.21 ARDR for every unit of LQD they own. This has been a good month for investors, with an ROI of 10.88%

It seems as if the tune up that LibertyNow performed on his bot in order to achieve the maximum profit (while reducing loses when markets don’t behave rationally) is starting to bear fruit. Liquid Technologies is well-known for its transparency. You can check, in real time, all operations of the fund at http://www.liquidtech.info/trades

LibertyNow commented:

After running a couple polls, I decided to split the dividend payment between ARDR and NXT. Everyone should see two dividend transactions in their accounts…one as a NXT payment and one as an asset transfer (the ARDR). The dividends totaled about 3.4BTC and new software updates seem to be chugging along quite nicely.

Source and more information: https://nxtforum.org/liquid/dividend-day!/msg229351/?topicseen#msg229351

https://www.mynxt.info/asset/17750387231635486778

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DEVELOPMENT

  • Ardor – Dividend Payment Teasers

This has been the forth week in a row where we get to see some previews regarding new Ardor functionalities. Damelon, of the Nxt Foundation, has shared some screenshots where we can see the new Dividend Payment feature that will be included in Ardor.

These images let us know that, when using Ardor, any business or project owner will able to perform dividend distributions to their investors with any asset or coin integrated on Ardor, or using the child chain coin.

More information: https://nxtforum.org/general-discussion/summary-of-ardor-platform-teasers/

Ardor – Details about its functionalities

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  • Ardor – Testnet Countdown

In our previous newsletter, we mentioned a list of pending tasks that Riker shared with a thread at Nxtforum. These tasks help give indication on the upcoming release of Ardor’s testnet, which will happen soon after all of them are fulfilled. The server code is almost completed and the APIs are stable, so there isn’t much left.

Riker says:

Things are looking good overall. One thing for sure, we are going to confuse you a bit with the fee structure from bundlers to forgers so be patient. Still hesitant if to open the testing to more people since currently it is much quicker to find bugs than to fix them. Whoever already has access is welcome to continue testing and if all goes well I’ll open this up for more testers in the next couple of days.

TO-DO list (updated as of February the 6th, 2017)

More work on the Coin Exchange page and tables (Needs more testing)
Prefix each MS currency name with the name of the chain to which it belongs (Needs more testing)
Ability to link from a child chain transaction to the ChildChainBlock transaction in which it was bundled (Done)
Improve the entity properties modal to support entities like orders and offers (Done)
Format amounts and links in the entity properties modal (Done)
Test and fix currency reserve/claim tables and modals (Done)
Remove child chain specific widgets from the Ardor UI (Done)
Remove Ardor specific widgets from the child chain UI (Done)
UI for the new “by holding” dividend modal (Done)
UI for the “by holding” dividend history (Done)

In addition we also need to double check the UI of the following modules for problems caused by the mode to per chain entities:
AEstill needs more testing
MSstill needs more testing
MessagesDone few open issues
DGS
– Voting
Cloud Data – Done
Aliases – Done
– Phasing
– Account Control – some problems
Leasing – Done
Account Properties – Done
Account MonitorDone, needs testing
ShufflingDone

Source and more information: https://nxtforum.org/general-discussion/ardor-testnet-countdown/

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NXT IN THE MEDIA

  • KCN – Nxt Based Messenger Aims to “Make E-Mail System Great Again”

Koles Coin News, a YouTube news channel that specializes in cryptocoins, has released a video about the powerful and secure messaging feature of Nxt:

[vsw id=”lmQrY-QDnKA” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Nxt platform strives to knock out traditional messengers by its new service. Company have decided to replace the traditional email systems with blockchain, allowing mail to be sent through a decentralized network such as CryptaMail. CryptaMail requires one NXT per message. With prices set for each message, we might have to pay for privacy in the future.

If you want to learn more about Arbitrary Messaging system of Nxt, you can visit https://nxter.org/nxt-core-arbitrary-messages/

Source: https://www.youtube.com/watch?v=lmQrY-QDnKA

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  • Invest It In – Adel, The Kickstarter for ICOs

A few weeks ago, we mentioned the announcement of Adel, a new cryptocurrency ecosystem that benefits from the technology of Nxt to create, develop, and implement use cases involving blockchain technology that covers a wide-range of digital and physical industries. The platform itself will have DAO-like qualities backed by a global cryptocurrency, the Adelphoi token, which will be released after the first round of the ICO.

Adel has recently been mentioned at Invest It In. Travin Keith, Marketing Manager of Adel and  Board Member of the Nxt Foundation, explains in this interview titled “The Kickstarter for ICO’s” about both of Adel’s objectives and the benefits that the Nxt platform brings, as well as the role that the community will play.

Travin explains in the interview:

Adel is trying to solve the lack of a platform for blockchain projects that doesn’t just help with launching the project with funds, but also provides support and guidance throughout the whole life of a project. Adel also aims to actively engage its community members in the projects and can also connect the projects with VCs for further funding if necessary…
Is Adel a decentralised organisation? – Yes, absolutely. While the Adel Board and staff will be providing guidance and support to the projects launched on Adel, major decisions… are decided with a vote by the community members…
…Smart Transactions… will be used for voting…
…it was deemed to be more ideal to use the Nxt blockchain… as well as the upcoming Ardor blockchain…smart transactions…phased transactions… One of the other features that Adel will utilize is the decentralized voting system for the polls that will be run for the community regarding major decisions
…The R&D team will release a few more projects before the ICO that will be proposed to the community.
…The DAO and Wings would probably be the most similar system in the crypto community… Compared with The DAO, Adel will have a more stable structure around it with guidance from the Adel Board, as well as support from the staff before projects are introduced to the community… The smart contract scenario that ruined The DAO will not be possible with Adel… unlike Wings, projects on Adel will not be limited to blockchain projects that support Ethereum Virtual Machine (EVM) functionality… While the Nxt and Ardor platforms will have the first right of refusal, if other blockchain solutions are needed for projects, then it will be possible to use other blockchain solutions…

Recently, as a sneak preview, Adel’s R&D team has shared their very first project to be proposed to the community, a P2P ATM which will allow users to find people nearby who are willing to exchange coins and cash on-demand.

Source and more information: http://www.investitin.com/adel-kickstarter-icos/

http://www.adelphoi.io

Join Adel’s chat on Slack

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  • Fintech Finance – Creating Value With Cryptocurrencies

The online magazine Fintech Finance has syndicated the fourth whitepaper of Adel, which has been recently published. The article called Creating Value with Cryptocurrency goes over the possibilities that blockchain 2.0 brings to both financial and administrative sectors (mobility, resilience, privacy, cryptographic proof, improved financial system, lower transaction fees…) and the advantages that the 100% decentralized and revolutionary technologies that Nxt and Ardor platforms can offer, to build up a project as big as Adel. These traits include: PoS decentralized blockchain, phased transactions, monetary system, decentralized voting, decentralized marketplace, shuffling, and a decentralized asset exchange.

The article explains that the value of Adel is in leveraging a state-of-the-art blockchain such as Nxt and Ardor, as well as the Adel ecosystem, and then combining these technologies with best-in-class business practices. Some of the advantages of the Adel ecosystem enumerated in the whitepaper are:

Project Approvals: The establishment of a Project Review Committee which not only ensures that Adel will launch profitable businesses, but also represents legitimate, legal and ethical projects… Successful projects will prove sustainable, long-term growth, as well as global monetization potential for blockchain technologies.
Decision Leadership: …utilizing expert decision makers to guide decisions in the community. Once a decision has been authorized by the leadership, it is then submitted to the community for consensus, enhancement and further decisions…
Open & Transparent: … auditable financial transactions for all projects and provides the foundation for a self-regulated community capable of making important economic decisions. The voting system establishes the opinion of the majority… Social forums allow for open and constructive communications between community members…
Integrity: … Adel’s integrity is the foundation of our success and for the sustainability of a profitable ecosystem…
Support : After a project has been launched on Adel… the project manager will be adequately supported by the Adel staff, as well as community members participating throughout the lifetime of the project… in the form of expert advisory services, finding employees, and assistance with securing external funding, such as with venture capitalists.

Source and more info: http://www.fintech.finance/01-news/creating-value-with-cryptocurrency-white-paper

https://www.adelphoi.io/#white-papers

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  • Search Engine Journal – Transforming Technology With Raspberry Pi

In this article at Search Engine Journal, Travin Keith, Board Member of the Nxt Foundation, goes over the revolution that the Raspberry Pi has caused in the tech world since its launch. The wide adoption of this small device, together with the communities that has emerged support this open-source project has allowed it.

All together, the Raspberry Pi has enabled the development of thousands of projects that rely on this inexpensive device. The article goes over some of them, but what stands out among the projects mentioned is the inclusion of the RasPi in the blockchain world, specifically with the Nxt blockchain. With Nxt being the first and most evolved PoS platform, which has showed its security and resilience by running smoothly over the past three years, it still doesn’t require a network of super computers (that consume as much energy that a nuclear power plant can generate) to run.

By setting up a Nxt node on a Raspberry Pi, you can easily participate in the Nxt ecosystem and help the block generation process in this feature-filled blockchain (called forging in Nxt), with an energy consumption of just a few watts per hour, which is probably less than the standby mode of your microwave. Such is an unimaginable achievement for PoW coins like Bitcoin. Additionally, as we mentioned in our previous newsletter, there are prototypes of solar-powered Nxt nodes built using a Raspberry Pi, such as the one made by Zuqka.

Source: https://www.searchenginejournal.com/4-cool-ways-raspberry-pi-is-transforming-technology/184601/

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Nxt news – January 2017 (IV): The Ability to Materialize Ideas is the Secret of Success

NXT NxtCoin 2. generation cryptocurrency news
January 2017 (IV)

 

Here are some of the latest news about Nxt over this past week in January:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • MyNXT.info Wallet – How to View and Transfer Assets

It’s become common that some users of the MyNXT.info online wallet, the popular service brought to you by some members of the Nxt community (a service which isn’t a part of the official Nxt Reference Software), ask some questions to the Nxt community about how they can check their asset balance, more specially, their ARDR balance as this option is disabled by default.

In October last year, CryptKeeper shared a small step-by-step guide that shows you how to install the free plugin which is necessary in order to view and transfer your Nxt assets on this web wallet.

CryptKeeper explains:

A short description for installing the Asset Plugin on wallet.mynxt.info to see your Ardor

  1. Log into your account at wallet.mynxt.info
  2. On the left there is the dashboard with a “+ Plugins” button, click on it:
  3. Chose the basic asset plugin:
  4. Confirm the disclaimer and your plugin will be installed
  5. Back at the dashboard, click on the plugin button:
  6. You will see your Ardor balance under “My Assets” and you can send them out by clicking on the asset name and choosing the second tab “Transfer”!

VanBreuk reminds us:

The Asset plugins in MyNxt do not have currently the option to attach a message to an asset transfer, as required by Bittrex. This is as far as I’ve seen an unusual requirement for an exchange deposit, but I have reported this to the MyNxt website developer so this modification can be added to development list.

Source and more information: https://nxtforum.org/index.php?topic=11976.msg225645#msg225645

https://nxtforum.org/mynxt-info

https://wallet.mynxt.info

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  • BTC38 – ARDR/BTC Added to the Exchange

With this brief statement, BTC38, the popular exchange based in China, and one of the most utilized to trade NXT, announced that ARDR was included into its platform, thus allowing users to exchange it for BTC and vice-versa:

In just a short amount of time, the exchange climbed up to the third position by volume among all the exchanges that allow you to trade ARDR. We should also point out that on BTC38, the NXT/CNY pair is also the 4th-most traded cryptocurrency on the platform. Also ARDR/BTC has become, in record time, the 9th-most traded token there. A brilliant start.

With BTC38, there are now six exchanges (plus Nxt’s Asset Exchange) that let you trade the ARDR asset.

Source and more information: http://www.btc38.com/altcoin/ardr/

http://www.btc38.com/trade.html?mk_type=btc&btc38_trade_coin_name=ardr

https://coinmarketcap.com/assets/ardor/#markets

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  • Nxt – Monitoring the Activity of Accounts

Some Nxt users with programming abilities have shown some interest on how use the Account Monitor feature, by means of the fully-featured API that the Nxt platform has. Some well-known developers of the Nxt community have come up with some solutions to this end, including websioux or ScripterRon, Nxt Core Developer:

Websioux says:

If you have that many to check or more, yes, you’d better check the transactions when they appear on your node. But remember blockchain reorgs do occur and in that case you should detect it, and check if it has a consequence for your treatment or not. Otherwise, it’s probably not going to take that much to check the transactions of 1000 address, I’d bet for something between 1 and 10 sec.

ScripterRon says:

One possibility is to use the EventWait API.  You can be notified when blocks are pushed and popped.  For a rollback, you will get a block popped event for the old block followed by a block pushed event for the new block.

Additionally, “regular” users can also benefit from this through a service that some third parties are offering. With this, you will receive an email every time something happens in the account you are monitoring, as we mentioned in our November newsletter:

  • Nxt AlertsThis is an utility inside the MyNxt portal which sends you an email everytime
    • a block is generated
    • your chosen account sends/receives some coins

If you are a developer who is having some trouble using the Nxt API, you can ask for some help at Nxtforum or in the #developers or #helpdesk channels at Nxtchat on Slack.

Source and more information: http://nxtwiki.org/wiki/Exchange_Integration

https://nxtforum.org/index.php?topic=13242.0

Nxt’s API Documentation

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DEVELOPMENT

  • Ardor – New Features and How it Compares with Nxt

Jean-Luc, Nxt and Ardor core developer, announced the inclusion of two new features to the future Ardor platform in addition to Coin Exchange, a feature that will let you trade one child chain token for another child chain token, or for ARDR. The latest features included are:

A017. 2015-07-28. Allow AE issuer use Asset to make dividends payment in another Asset.
A006. 2015-06-16. Allow AE issuer use MS to dividends payment.

Those two are already implemented in Ardor

Jean-Luc has also published a chart on nxtforum.org that compares the major differences in the functionalities between Nxt and Ardor:

Blockchains

Single chain One parent chain with multiple child chains

Transaction tokens

The same token (NXT) is used for establishing the consensus and providing the security of the blockchain, as well as for the basic unit of value in all transactions Only the parent chain token (ARDR) is used in the proof-of-stake consensus, and thus provides security for all child chains. Child chain tokens are used as transactional units of value only.

Transaction fees

Transaction fees are paid in NXT only, requiring users to always have NXT in their accounts. On each chain transaction fees are paid in the native token (coin) of that chain. End users do not need to own ARDR tokens.

Features

Asset Exchange, Monetary System, Aliases, Messaging, Digital Goods Store, Voting System, Shuffling, Data Cloud, Phasing, Account Control, Account Properties All these features are preserved in Ardor, and are available on each child chain. A child chain can optionally be restricted not to enable some features. The parent chain supports a limited subset of features, as it is intended to be used for consensus establishing only and not for everyday transactions.

Accounts

Each passphrase maps to a single account. Passphrases can’t be changed, and there is no wallet file to store. The same mapping of passphrases to account numbers is used as in Nxt. Accounts are global across all child chains, and an account can have balances in each of the existing child chain coins, as well as in ARDR.

Holdings

There is a single coin (NXT), and unlimited user-issued Assets and Monetary System currencies. Each chain has its own coin. Assets and MS currencies can be issued on any child chain, and are available for trading globally. Assets or MS currencies can optionally be restricted* to some child chains only.

Trading

Assets and MS currencies can be traded for NXT only. Assets and MS currencies can be traded on any child chain, with price denominated in the corresponding child chain coin.

Coin Exchange

N/A A new feature, Coin Exchange, allows trading of child chain coins to each other, and also to the parent chain coin (ARDR).

Dividends

Asset dividends can be paid in NXT only. Asset dividends can be paid in any of the child chain coins, by simply issuing the payment transaction on the corresponding chain. Additionally, paying dividends in another Asset or in MS currency has been implemented.

Crowdfunding

Crowdfunding feature is available in the Monetary System, but the funds must be collected in NXT only. Crowdfunding feature is available on all child chains, and on each child chain the funds are collected in the corresponding child chain coin.

Shuffling

Shuffling of NXT, Assets, and MS currencies is available. On each child chain, shuffling of the corresponding coin, or any Asset or MS Currency, is supported.

Aliases

Alias names are globally unique. Alias names are unique within each child chain only.

MS Currencies

Currency codes and names are globally unique. Currency codes and names are unique within a child chain only.

Pruning

Pruning is available for plain and encrypted messages, and for tagged data (data cloud feature). Pruned data are retrieved automatically on demand from designated archival nodes. Pruning and retrieving of all prunable data is available as in Nxt. In addition, the child chain transactions themselves are designed to be prunable and will not need to be stored permanently or re-downloaded by every new node. The actual pruning of transactions will be implemented later.*

Transaction identifiers

Transaction IDs are 64-bit longs, and are globally unique. The 64-bit transaction IDs are no longer guaranteed to be globally unique for child chains. 256-bit transaction hashes (sha256 digests) are used instead as transaction identifiers.

Block generation

A “forging” process is used to create new blocks, with the probability of block creation dependent on the account NXT balance (stake). The same forging algorithm is used as in Nxt, dependent on ARDR account balances only.

Bundling

N/A A new process, “bundling”, is used to group child chain transactions into a parent chain transaction (“child chain block”), which is then included in the parent chain. Any account can play the role of a bundler. The bundling process also performs the exchange of fees paid by users in child chain tokens into ARDR fees accepted by the block forgers.

Phasing

Transaction execution can be made conditional, subject to approval using various voting models. Same voting models as in Nxt, but phasing is possible on child chains only. Approval transactions can be on a different child chain from the phased transaction, and the by-transaction voting model also supports linking to a transaction hash on a different child chain.

Account control

Accounts can be restricted to use phasing only (mandatory approval). Same as in Nxt, but accounts under phasing-only restriction cannot submit transactions on the parent chain, as those cannot be phased.

Peer networking

HTTP based, also with WebSocket support, transmitting JSON formatted data between peers. Completely re-written and optimized, using native Java sockets and binary messages between peers. Block and transaction propagation has been significantly improved, by exchanging and caching information about currently available blocks and transactions between peers and only propagating the missing data pieces.

API

HTTP query APIs, returning JSON formatted response. Mostly unchanged, except:
1. A “chain” parameter has been added to each API that is child chain specific.
2. 64-bit long transaction IDs have been replaced with 256-bit hashes.
3. All prices and rates that were previously defined relative to the smallest indivisible holding amount (“QNT”) are now defined relative to a unit of the holding (share).

Scalability

Transactions are stored in the blockchain permanently, and need to be re-downloaded and re-processed by every new node, which after months and years of operation becomes a significant bottleneck. All child chain transactions will be possible to prune completely, without affecting blockchain security, thus allowing the blockchain size to be kept much smaller. A new node joining the network only needs to download the parent chain transactions, followed by the latest snapshot of the current system state.*

* Functionallity marked with asterisk is planned to be implemented in a future Ardor release. All other functionallity is already implemented and currently being tested on a testnet blockchain.

Source and more information:https://nxtforum.org/core-development-announcements/ardor-vs-nxt-functional-comparison/

https://nxtforum.org/core-development-discussion/list-of-feature-request-for-nrs/

(Back to the Index)

 

  • Ardor – Testnet Countdown

Riker, Nxt and Ardor core developer, published a list of all the remaining tasks that have to be completed before the Ardor Testnet goes live. There isn’t an exact date when the the launch of the testnet will take place yet, but it will happen in this first quarter of 2017. It’s important to note that after some previous leaked images, the market capitalization of Nxt and Ardor went up, which shows how many people are keeping and eye on these projects. Obviously, there is a lot to be expected.

Lior says:

Getting closer to the Ardor testnet release but still some way to go.The server code is nearly complete and the APIs are mostly stable… Most of the work will now focus on getting the client UI ready for release

Here is a list of remaining tasks which we would like to complete before the official release:
– More work on the Coin Exchange page and tables
– Prefix each MS currency name with the name of the chain to which it belongs – partially implemented
– Ability to link from a child chain transaction to the ChildChainBlock transaction in which it was bundled – done
– Improve the entity properties modal to support entities like orders and offers – done
– Format amounts and links in the entity properties modal
– Test and fix currency reserve/claim tables and modals
– Remove child chain specific widgets from the Ardor UI
– Reomve Ardor specific widgets from the child chain UI
– UI for the new “by holding” dividend modal
– UI for the “by holding” dividend history

Source and more information: https://nxtforum.org/general-discussion/ardor-testnet-countdown/

(Back to the Index)

 

NXT IN THE MEDIA

  • The Percept – Nxt is the New Generation of Bitcoin

Irem Sokullu, of The Percept platform, conducted an interview with Bas Wisselink and Dave Pearce, both members of the Nxt Foundation. Bas and Dave answered questions concerning basic concepts of the blockchain, its philosophy, new possibilitie, advantages of decentralization, and the key differences between PoW (Bitcoin) and PoS (Nxt), among other questions.

Here is a snippet of some of the questions that you can find in the full article:

Irem (interviewer): Bitcoin is using Proof of Work and NXT uses the Proof of Stake. Please tell me more about the difference. .

Bas: PoW can be characterized as a contest. The strongest computer assaults the cryptographical puzzle fastest. So, the more powerful equipment you have, the more Bitcoin you will mine. That leads to a large hardware race and a lot of power consumption. Proof of Stake is more like a lottery in which each coin in the system can be seen as a ticket to the lottery. The more ticket you have, the more chance you get to generate a new block. You don’t spend hardware and power on that lottery. It is an energy efficient system.

Dave: Participants put their stakes into the system, software choices in a semi-randomized way who gets the reward next. NXT has 1 billion tokens. That is the way Proof of Stake works to ensure the trust in the system.

The Percept also recorded a video interview with Bas:

[vsw id=”tlJ-84AZVG0″ source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Source: http://www.thepercept.com/nxt-new-generation-bitcoin-bas-wisselink-dave-pearce/

(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 Features vs Nxt Features

Jean-Luc, Nxt and Ardor core developer, has published a chart on nxtforum.org that compares the major differences in the functionalities between Nxt and Ardor:

Blockchains

Single chain One parent chain with multiple child chains

Transaction tokens

The same token (NXT) is used for establishing the consensus and providing the security of the blockchain, as well as for the basic unit of value in all transactions Only the parent chain token (ARDR) is used in the proof-of-stake consensus, and thus provides security for all child chains. Child chain tokens are used as transactional units of value only.

Transaction fees

Transaction fees are paid in NXT only, requiring users to always have NXT in their accounts. On each chain transaction fees are paid in the native token (coin) of that chain. End users do not need to own ARDR tokens.

Features

Asset Exchange, Monetary System, Aliases, Messaging, Digital Goods Store, Voting System, Shuffling, Data Cloud, Phasing, Account Control, Account Properties All these features are preserved in Ardor, and are available on each child chain. A child chain can optionally be restricted not to enable some features. The parent chain supports a limited subset of features, as it is intended to be used for consensus establishing only and not for everyday transactions.

Accounts

Each passphrase maps to a single account. Passphrases can’t be changed, and there is no wallet file to store. The same mapping of passphrases to account numbers is used as in Nxt. Accounts are global across all child chains, and an account can have balances in each of the existing child chain coins, as well as in ARDR.

Holdings

There is a single coin (NXT), and unlimited user-issued Assets and Monetary System currencies. Each chain has its own coin. Assets and MS currencies can be issued on any child chain, and are available for trading globally. Assets or MS currencies can optionally be restricted* to some child chains only.

Trading

Assets and MS currencies can be traded for NXT only. Assets and MS currencies can be traded on any child chain, with price denominated in the corresponding child chain coin.

Coin Exchange

N/A A new feature, Coin Exchange, allows trading of child chain coins to each other, and also to the parent chain coin (ARDR).

Dividends

Asset dividends can be paid in NXT only. Asset dividends can be paid in any of the child chain coins, by simply issuing the payment transaction on the corresponding chain. Additionally, paying dividends in another Asset or in MS currency has been implemented.

Crowdfunding

Crowdfunding feature is available in the Monetary System, but the funds must be collected in NXT only. Crowdfunding feature is available on all child chains, and on each child chain the funds are collected in the corresponding child chain coin.

Shuffling

Shuffling of NXT, Assets, and MS currencies is available. On each child chain, shuffling of the corresponding coin, or any Asset or MS Currency, is supported.

Aliases

Alias names are globally unique. Alias names are unique within each child chain only.

MS Currencies

Currency codes and names are globally unique. Currency codes and names are unique within a child chain only.

Pruning

Pruning is available for plain and encrypted messages, and for tagged data (data cloud feature). Pruned data are retrieved automatically on demand from designated archival nodes. Pruning and retrieving of all prunable data is available as in Nxt. In addition, the child chain transactions themselves are designed to be prunable and will not need to be stored permanently or re-downloaded by every new node. The actual pruning of transactions will be implemented later.*

Transaction identifiers

Transaction IDs are 64-bit longs, and are globally unique. The 64-bit transaction IDs are no longer guaranteed to be globally unique for child chains. 256-bit transaction hashes (sha256 digests) are used instead as transaction identifiers.

Block generation

A “forging” process is used to create new blocks, with the probability of block creation dependent on the account NXT balance (stake). The same forging algorithm is used as in Nxt, dependent on ARDR account balances only.

Bundling

N/A A new process, “bundling”, is used to group child chain transactions into a parent chain transaction (“child chain block”), which is then included in the parent chain. Any account can play the role of a bundler. The bundling process also performs the exchange of fees paid by users in child chain tokens into ARDR fees accepted by the block forgers.

Phasing

Transaction execution can be made conditional, subject to approval using various voting models. Same voting models as in Nxt, but phasing is possible on child chains only. Approval transactions can be on a different child chain from the phased transaction, and the by-transaction voting model also supports linking to a transaction hash on a different child chain.

Account control

Accounts can be restricted to use phasing only (mandatory approval). Same as in Nxt, but accounts under phasing-only restriction cannot submit transactions on the parent chain, as those cannot be phased.

Peer networking

HTTP based, also with WebSocket support, transmitting JSON formatted data between peers. Completely re-written and optimized, using native Java sockets and binary messages between peers. Block and transaction propagation has been significantly improved, by exchanging and caching information about currently available blocks and transactions between peers and only propagating the missing data pieces.

API

HTTP query APIs, returning JSON formatted response. Mostly unchanged, except:
1. A “chain” parameter has been added to each API that is child chain specific.
2. 64-bit long transaction IDs have been replaced with 256-bit hashes.
3. All prices and rates that were previously defined relative to the smallest indivisible holding amount (“QNT”) are now defined relative to a unit of the holding (share).

Scalability

Transactions are stored in the blockchain permanently, and need to be re-downloaded and re-processed by every new node, which after months and years of operation becomes a significant bottleneck. All child chain transactions will be possible to prune completely, without affecting blockchain security, thus allowing the blockchain size to be kept much smaller. A new node joining the network only needs to download the parent chain transactions, followed by the latest snapshot of the current system state.*

* Functionallity marked with asterisk is planned to be implemented in a future Ardor release. All other functionallity is already implemented and currently being tested on a testnet blockchain.

Source and more information:https://nxtforum.org/core-development-announcements/ardor-vs-nxt-functional-comparison/

https://nxtforum.org/core-development-discussion/list-of-feature-request-for-nrs/