Nxt News – August 2017 (IV): Start by Doing what is Necessary; then do what is Possible; and Suddenly you are Doing the Impossible.

August 2017 (IV)

 

Welcome again, fellow Nxters! As Summer continues so does the news in the exciting world of the blockchain space. As we continue to be the go to source for all things Nxt and Ardor we, as always, have news and information to enlighten and inform any reader, no matter if you have been using Nxt since 2013 or if you are a new reader who wants to learn more about the growing influence of Nxt and Ardor in the crypto space. This week we talk about a new partnership for Jelurida, IGNIS, remind you of the security of the light client, and showcase many examples of our platform in the media.

 

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

  • IGNIS ICO – New Jelurida Partnerships

Jelurida announces a new partnership with a PR firm and a Financial advisory firm in order to grow awareness of the ICO and the brand that is Nxt / Ardor / Ignis.

In their own words:

We are extremely excited to announce the signing of our partnership with Blonde 2.0, an award winning PR agency specializing in blockchain marketing, and Tel Aviv Capital, a leading Financial Advisory firm, who will help us lead IGNIS’s crowdsale, the first of many exciting projects.

Our new partners are going to lead with us together, what we believe to be a very successful crowdsale. Stay tuned for more information and publications reporting on how we are shaping the crypto world. To learn more the IGNIS crowdsale, visit: https://www.jelurida.com/ico

ICO Reports

Ignis ICO has been listed on pages as www.coinschedule.com and https://tokenmarket.net

Live stats:

Live data from the Nxt blockchain

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  • The Story of Round 1 of the IGNIS Crowdsale

Lior Yaffe (Riker) has posted in the nxtforum. Here is how he experienced the momentous and eventful first week, Round 1, of the IGNIS ICO:

They say necessity is the mother of all invention. By the end of day last Saturday, the developers at Jelurida were facing the grim reality. A single user had bought every exchange offer they published before anyone else even had a chance to participate. Hundreds or perhaps even thousands of participants sitting in front of their computer and waiting for their chance to buy, did not even see it enabled on the user interface before it was all over.

Riker continues to describe how “slightly more than 48 hours after the problem surfaced, and less than 24 hours after coding began, a solution was implemented [by Jelurida] and released as official version of Nxt 1.11.7”.

The demand outpaced supply by at least 20x. Still, the process itself became random enough in order not to obviously favor any given account.

Among the commenters in the thread, we find Damelon:

Damelon

Regardless of what may have gone wrong, it is very good to see Jelurida admitting they overlooked something, and making a post about it.

That’s good to see and I want to thank you for that. :)

Distribution is of paramount importance for any healthy market, and that was being messed up. Fair game to MAAC, but not good for the continuing project. It’s good to see you addressed it by levelling the playing field.

D.

Source

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  • Jelurida AMA this Wednesday

There will be an AMA with Cryptocopia on the 23rd at 22:00 CEST.

Anyone burning to ask Jelurida relevant questions about Nxt, Ignis, Ardor, Jelurida and the ICO can participate in the live AMA (Ask Me Anything) session hosted by Cryptocopia by signing up for their Slack here. We will be there too of course and make sure to point out the high lights in our weekly news.

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  • IGNIS Already Listed on HitBTC

HitBTC was one of the first exchanges to list Ardor and has now enabled IGNIS – ETH pair, even before the launch of the platform.

https://twitter.com/hitbtc/status/898904197931954176

Today, Jelurida has posted the following on Nxtforum:

The practice of selling futures products has become very common among the exchanges. The listing of the IOU token represents a massive interest in the ICO and the future launch of the Ardor mainnet later in Q4 of this year, but recall that the official JLRDA ICO token is NOT YET tradeable.

Source

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  • Nxt / Ardor in CoinSwitch

Another cryptocurrency exchange lists Nxt / Ardor – Coinswitch

We offer competitive altcoin and BTC exchange rates that update in real time by comparing the best exchanges available, with no fees on top. Our liquidity and expertise in cryptocurrency trading continually improve.

Source

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  • Undervalued Cryptocurrencies: Ardor (ARDR)   

Crypto Coins YouTube Channel writes:

Another episode in my Undervalued Cryptocurrencies series.

In this episode I cover Ardor (ARDR)

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  • Nxter.org – New Channel on YouTube 

We at Nxter are proud and excited to announce that we have an official YouTube channel and will soon be showcasing more original content! Stay tuned.

Useful pages on NXTER.org you may want to know about:

/tutorials

Short descriptions of Nxt features + links to the wiki
Videos about each Nxt + IGNIS feature (relevant for all child chains) are in the works

/blogs

Spread your knowledge. Be the expert

/assethub

Asset news and information about the AE
List of top traded assets + further information and charts
Customised asset pages, like this one for ARDR, a service for asset issuers

/newsletters

News overview – latest highlights of the blockchain world
Get a weekly email with the latest news from the Nxt, IGNIS and Ardor community/projects.

/developers

Getting started guides, with convenient examples
Resources
NRS news and Ardor core development updates

/NxtBridge

Nxt gateway for WordPress CMS users
Tip buttons on your WP site
Show asset / ICO info in real-time
Get wallet functionality on your site, show ledger, broadcast any transaction

/nxtbridge-offline

Cold storage accounts, the ultimate security

https://www.nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions/ 

Learn about the history of Nxt, get introduced to its features and many use cases.
A book by the community, the early experts, and developers, from scratch to the introduction of the Ardor Platform.

Nxter.org continues to grow in readership.

apenzl: we just passed 3K followers on Twitter (2 mins ago). No paid campaigns, no fake accounts, all organic growth. A heartly welcome to all new readers and followers.

You can support our work (as well as the Nxt network) by leasing your NXT balance to our hub: Alias Nxthub1, account: NXT-NYJW-6M4F-6LG2-76FR5.

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  • “Parent – child chain architecture” is the Concept of Ardor

And so, Ethereum came up with the idea of “plasma”, a parent  – child chain architecture that can make blockchains scale globally.

It sounds like Ardor, tastes like Ardor, but is it Ardor?

damelon –

@riker Vitalik knows nxt quite well, so be prepared for some pretty specific counter to that, then Why not get into a technical discussion with him? It will definitely raise your profile if you do that and that will benefit Ardor and Nxt

riker –

I’m sure Vitalik knows NXT well and I seriously doubt his claims about not knowing Ardor. Just not ready to start a fight right now. I’d like to set the timing myself. Perhaps Sunday.

Please consider that Vitalik has a huge advantage on us here, he wrote an academic like paper that nobody understands and nobody tried to implement. We will just get dragged into a flame war.

We can tweet back that “The Nxt security model has been tested in practice for several years and remains unchanged in Ardor.” I admit that the nasty remark implying that what we are doing in insecure cannot be left unanswered.

Read Lior Yaffe’s recent blog post on the topic of Nxt’s PoS security model.

Also, for a reminder about Nxt’s (and Ardor’s) security model for light clients, read further down in this newsletter.

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NXT AE

  • Adel – Update

A peek at some of Adel’s development and marketing activities from the last week:

  • We are negotiation with a crypto marketing company who will help us to get onto bigger exchanges and to help create a trading volume for ADL
  • Our Collaboration Module is being developed and is currently being prepared for an alpha release by the end of September, for testing by the Adel team
  • A partnership with Jelurida (Ardor Platform company) is being negotiated and will announce this soon, via a joint press release
  • We are also preparing the legal structure for Adel Phase II. This effort began in March 2017, and we are also in negotiations with a law firm in the Isle of Man to help us finalize this structure.
  • We have also launched an idea incubation initiative with select members of the community for a confidential FinTech ETH based project in development by the Adel team; @mroene @wolffang @wiremaster are involved for comments improvements.
  • Our community manager has recently left our team so we are in the process of searching for a new person to help us with our marketing communications, and social media outreach
  • Exchanges: This week we have submitted an application to the Chinese exchange, Jubi.com. @wolffang is also managing brand new submissions to C-Cex, Binance, and Allcoin this week. We continue to wait for Bittrex on our submission. Any help from the community to get listed on exchanges is greatly appreciated. We offer bounties to stakeholders who successfully get us listed on new exchanges.

Here are the powerpoint slides

More info

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  • Bitswift – Update

Some users of Bitswift have elected to manually swap over, more power to them. Here is the official guide to doing this. Be sure to accomplish this by Oct. 14, 2017.

In their own words:

Hello everyone, we have some users manually swapping over.  The manual swap details can be found on this spreadsheet: https://docs.google.com/spreadsheets/d/1C9FA7CIhCmR1ii5m3xplS4CKRCio5XLweoPI1GZbBVY/edit?usp=sharing

All manual swaps will be documented here. The cut off date for manual swapping will be October 14, 2017–6 PM EST.

I noticed some orders in the Nxt AE, good stuff

We have already completed one manual swap for a user to help define the process. All manual claims will be published with full transaction details to ensure complete transparency among the unclaimed tokens. Manual claims may take up to 7 days to process. An announcement will be made after the cutoff date October 14, 2017–6 PM EST describing how the remainder of the unclaimed tokens will be handled.

Manual: (manual claiming instructions included on bitswift.press)

 

 

Source

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DEVELOPMENT

  • NRS Update – Version 1.11.8

Jelurida, has released the latest version of the Nxt Reference Software, v1.11.8. The changelog includes:

Release 1.11.8

Change log:

  • Transaction Scheduler improvements and bugfixes.
  • Added deleteScheduledTransaction API.
  • Allow getting all scheduled transactions when no account id is specified in getScheduledTransactions.
  • Added Scheduled Transactions page. Allow deleting scheduled transactions from the client UI.
  • Added fake tokens warnings.
  • Display transactions in the block info modal according to their natural order and mark phased transactions. Added “executed phased” tab.
  • Added ability to search by block height from the client search box.
  • Add validate passphrase modal to give users another chance to validate their passphrase after login.
  • Passphrase recovery tool will now search for a single typo in any position, in case no specific position is specified, and will also work for accounts without a public key.

 

  • Updated Android Client App

Along with the NRS, the Android app has an update that provides the same functionality.

Riker: Android app https://bitbucket.org/Jelurida/nxt/downloads/nxt-client-1.11.8.apk
sha256 – 956d4bd2618de91ec984f61776437079a746033294183c8fb08b8cf5b6b2184f

Download the latest Nxt wallet from https://nxt.org/ or https://www.jelurida.com/

Source

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  • MrV777 – Basic Ardor Lite Mobile Wallet

In our second weekly of August, we mentioned that mrv777, community member, and developer, was working on the project of an Ardor Lite wallet for mobile devices. 

Here is an update from the source:

mrv777 – Ardor Lite wallet finally submitted to Apple, hopefully they accept it.

For android users, the wallet is already available and please report any bugs: https://play.google.com/store/apps/details?id=mrv.ardor.lite

This is a basic lite wallet for the Ardor blockchain with local signing of transactions, so your passphrase is never sent over the net. You can send/receive tokens on any of Ardor’s chains and perform cross chain exchanges.

Features:
• Local signing
• Contact saving and naming on device
• View recent transactions and balance on any chain
• Barcode scanning for passphrase login
• Custom node to connect to
• Barcode generating and scanning to send/receive
• Ability to save passphrase on device protected by your fingerprint
• New account generation and automatic screenshot saving of the information

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  • Weekly Reminder – Nxt Light Client Security

This interesting conversation between Martis and Riker clarifies many details about how Nxt light client operates – mainly: is the Nxt light client secure? As always, the Weekly Reminder is here to help refresh your memory, dear readers.

 

martis – @riker “the light client already has some basic “fraud proof” built in since it validates every response from a remote node with other remote *RANDOM* nodes.” Correct?

riker – Correct. BTW, this feature was suggested by @cryptkeeper so credits goes to him

martis – So what will happen, if these random nodes will return different data? They will be blacklisted in light client?

riker – When using light client, you see a traffic light icon on the dashboard header, as long as all 3 remote nodes agree on all responses, it stays Green, if there is a 2 against 3 consensus it turns orange and if none of the other remote nodes agree with the response of the main remote nodes it turns Red. Clicking this icon displays the raw data.

martis – sure. But what will happen with my tx?

riker – It is possible for temporary inconsistencies, for example when a light client submits a transaction to its remote node, for a short time the other remote nodes are unaware of the new transaction which may cause temporary Orange or Red that will disappear shortly after.This is an informational feature only, we do not attempt to automatically blacklist remote nodes but you can do it manually.

martis – “it is a practical solution that works quite well but won’t help if most remote nodes on the network collude against your poor light client.” So this network collude is more theoretical problem? Anyway, if 51% of nodes do not agree, then there is a fork in network, as all nodes check and validate data between each other, and nodes running earlier version, which could be on fork is anyway blacklisted from network.

riker – It is still more risky to run a light client since the attack here is related to the number of nodes which collude against you not to the stake that collude against you and setting up a malicious remote node is cheaper than buying a lot of NXT. But then again, you can always use a full node, it only requires a cheap VPS node (or rasp pi and a solar panel)

martis – sure, but light client use random remote nodes, which have the status of “up to date”? So these node are on correct fork and not malicious?
or there is no blacklisting mechanism, which can find malicious nodes and blacklist them from network?

riker – A remote node can be on a malicious fork and still pretend to the client to be on the right fork. This is theoretically possible even though it is practically difficult to implement.

martis – so I’m saying, that’s only theoretically possible. so we can state, that Nxt light client approach is safe, practically. as 3 of 3 RANDOM nodes must be on malicious fork.

riker – It has been in production for a year now, the mobile app has similar guarantees. I can’t recall any security incidents around it.

martis – not questioning this :slightly_smiling_face:
just pushing you to explain light node working mechanism and this explanation could be used for explaining others (Vitalik)

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NXT IN THE MEDIA

  • Lior Yaffe – NXT Proof of Stake Theory vs Practice

Riker has written an interesting article for the blog publishing service Medium which(again) clarifies the doubts about the security of the Nxt network. He directly addresses perceived shortcomings of NXT and explains how theoretical issues with Proof of Stake will not manifest themselves on the Nxt blockchain.

In his own words:

In practice, none of the scary “attacks” described by academic research has materialized into a real threat. Simple measures were taken to refute some of these attacks, other attacks turned out to be nothing more than scare tactics.

NXT’s proof of stake does have great practical advantages, compared to the Bitcoin proof or work network, which is predicted to consume the amount of electricity consumed by the state of Denmark in the near future and the Ethereum network which will follow suit. The whole NXT network currently consumes as much electricity as a well heated house hold in the state of Denmark.

Furthermore, the proof of work consensus algorithm does not make sense in a private blockchain environment. The NXT proof of stake consensus allows you to set up few account balances and launch a new blockchain in a matter of minutes.

So let’s distinguish between theoretical problems and practical solutions. NXT proof of stake works and works well. In fact it works so well that the upcoming Ardor platform security model is also based on the same algorithm.

thanks sazan@nxtcommunity.io
NXT “mining rig” – thanks sazan@nxtcommunity.io

Source

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  • TSYS’ n>genuity Journal – Nxt in “Blockchain Boom” Article

Last January we announced that BNP Paribas was experimenting with Nxt.

Last week this article was released about the continued efforts of BNP Paribas:

“Banks and payments companies can realize big savings by employing the technology” –

BNP Paribas, a member of the R3 consortium, has also tested a cross-border payments system for its corporate institutional clients in Europe based on the protocol Nxt, with an aim to start testing it in the United States next year. U.S. Bank has done the bulk of its work with R3’s Corda, including working with Credit Suisse on using the blockchain to track leveraged loan transactions, and building out solutions in the trade finance space. Yet the Minneapolis-based bank is also collaborating with Canadian banks in the identity space using Hyperledger Fabric, and is dabbling with Ethereum and Quorum, Swanson says.

Riker:

 Can’t say anything about BNP due to NDA

Source

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  • Steemit – Have You Heard Of Jelurida?

Steemit announced the new public license, JPL, and announced updates to the NRS client.

Jelurida has created a new type of “coinleft” license, in the spirit of the GNU General Public License, but better suited to protect the interests of open source cryptocurrency projects.

Starting from version 1.11.6, the Nxt Reference Software (NRS) is the first software to be released under the Jelurida Public License, with the Special Conditions requiring a 10% sharedrop to the NXT holders from Nxt clones.

Read More: JELURIDA PUBLIC LICENSE

Download PDF

Source

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  • Future Internet – Banking on Blockchain: Costs Savings Thanks to the Blockchain Technology

Future Internet highlights the immense cost savings of the Nxt blockchain over a Bitcoin like system.

“Nxt system offers some interesting advantages with respect to the Bitcoin system, such as the potential for reliable instant transactions, increased security, and significant energy and cost efficiency improvements (see work by [29]). In addition, it allows for the processing of up to 367,200 transactions per day. Nxt is resistant to so-called nothing at stake attacks, and since the full token supply was distributed in the genesis block, when an account successfully creates a block, the transaction fees are awarded to that account.”

Source

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  • Nxt looked into, in Master’s Thesis by Andreas Ellervee, “A Reference Model for Blockchain-Based Distributed Ledger Technology”

Academic analysis of the applications of distributed ledger technology, the blockchain.

Source

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  • Bobsguide – Taking Blockchain Treasury Technology out of the Sandbox

The article from Bobsguide is complemented by a series of great commentaries from Riker.

“Many blockchain use cases which eliminate inter-organisation or cross-organisation trust issues may impact the work of the corporate treasurer,”

Two much-discussed hurdles that are preventing widespread blockchain implementation are scalability and working proof of concepts. This is partly because blockchain applications in the corporate world are still in their infancy, “so it is hard to testify about specific use cases,”

Ardor, a blockchain-as-a-service platform, already offers a solution to scalability and blockchain bloat (a build-up of data making the system less efficient). It also uses features such as decentralised phasing, voting, and trading making it a useful tool for corporates.

Blockchain applications with rich cross platform user interfaces are available now

“Unlike most other blockchain technologies, Ardor and NXT implement a reference user interface for every feature and transaction type they provide. This includes desktop, web and mobile support.

“[The blockchain behind] bitcoin is designed for a single purpose, transfer of value between accounts, all other applications on top of bitcoin use various workarounds to squeeze data into the blockchain not for its intended purpose.

On the contrary, Ardor, based on the NXT blockchain technology, is designed from the ground up for extensibility using a modular transaction types architecture which can be easily adapted for various use cases”

Source

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  • Toutiao – Ardor and Ethereum in Smart news service that triumphs in China

A dedicated article about Ardor and Ethereum differences has been published on one of the most important news platforms in China, Toutiao.

The company is China’s largest mobile platform of content creation, aggregation and distribution underpinned by machine learning techniques, with reportedly 175 million monthly active users as of 2017.

Source

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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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And that is all for this week, Nxters. Stay tuned next week for more up-to-date coverage on the IGNIS ICO, the launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, take some time to surf our site. We also have our ICO Coverage series running. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this momentous ICO.

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

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

August 2017 (III)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • IGNIS ICO

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

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

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

News from Kristina

Kristina Kalcheva, on behalf of Jelurida:

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

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

Update your NRS Client to Participate

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

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

  • Buy JLRDA with Scheduled Transactions

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

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

Source

  • Scam Assets

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

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

JLRDA scam assets

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

Live data from the Nxt blockchain

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  • FAQ about the IGNIS Token Sale

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

What is the JLRDA token?

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

Can I buy IGNIS tokens using Bitcoin or another altcoin?

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

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

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

When will exchanges support the IGNIS token?

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

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

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

Source

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  • New video introduction to the Ardor Platform

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

Source

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

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  • #OpEasterEgg

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

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

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NXT AE

  • Adel – Update – Response to SEC Release

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

In their own words:

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

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

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

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

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

 

More info

(Back to the Index)

 

  • Bitswift – Update: Bittrex Swap

Last Friday the Bitswift token swap happened on Bittrex.

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

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

Bittrex writes:

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

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

Ignis Holder Credit:

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

Unclaimed Tokens:

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

Source

(Back to the Index)

 

  • CORE Announcement

OFFICIAL CORE GROUP ANNOUNCEMENT

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

———————————————————————————-

Current Core Asset Supply: 1,000,000

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

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

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

———————————————————————————-

Current Core Media Asset Supply: 478,998

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

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

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

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

———————————————————————————-

THE SWAP PROCEDURE

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

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

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

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

Regards
Core Group
Administration

More information

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.

.

.

DEVELOPMENT

  • Nxt Hacks – Ardor / Nxt Scripts

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

Source

(Back to the Index)

 

  • Weekly Reminder: Getting Started as a Developer

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

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

Developers

Source

(Back to the Index)

 

NXT IN THE MEDIA

  • Small Reference of Ardor in Dutch

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

ardor_mention

An easy and informative read, in Dutch.

Source

(Back to the Index)

 

PRICE EVOLUTION

      • Weekly NXT/ARDR Price Evolution

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

NXT/BTC

 

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

ARDR/BTC

 

(Back to the Index)

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

IGNIS ICO Report 3

Only 1 batch left of Round 1!

UPDATE: no JLRDA left from Round 1! 

Round 2 will begin on August 26.

And so, here’s a re-cap, as the hunt for cheap JLRDA continues…

Early NXT investor ‘MAAC‘ has taken much of the limelight as he overruled “normal” participants by using the advanced features of the Nxt Blockchain as well as his stake to get ahead of the competition from Day 1.

In what was supposed to be a fair and equal early-bird lottery, divided into 12 batches as a way to stop whales from buying up all the tokens in the early stage of the ICO (as they tend to do), the IGNIS ICO was meant to be different.

 

The Get-There-First Hackathon

The theory that MAAC had used a bot to pick up the first 2 batches of Round 1 got turned down by MAAC himself, but behind the scenes, intense coding WAS going on, and an investment bot with the aim to out-compete all other attempts to invest in the IGNIS ICO WAS underway.

Only the bot was coded by Jelurida.

Those not following us on Twitter, FB, or having signed up for Nxt email newsletters, we hope you did not miss the release of NRS 1.11.7.

NRS 1.11.7 is not a small bugfix release – you must run this client version if you want a chance to get JLRDA tokens from the ICO. Furthermore, with NRS 1.11.7 you will not have to get up early / stay up late for the 2 daily 30-minute release windows, you can just enter your bid in advance and check the result of the lottery later as it fits your schedule. Read more… 

Also see: https://nxtforum.org/general-discussion/i-just-want-to-say-what-a-big-deal-1-11-7-is/

 

Lior Yaffe (Riker) has uploaded this tutorial:

So, are we equal now?

Well… Anyone can place bids on even terms. But….

A public message from another whale that got his hands on most of Batch #7, soon kicked off discussions among new and veteran Nxt users.

 

Speculation and over-thinking

Coincidence? Will leasing your NXT stake to a forging pool optimize your chances of getting an early stake in IGNIS? Could it be that connecting to 500 peers instead of the client’s default helps? How about hallmarking your node, will that give extra chances? How much does the size of the fee matter?

Well, let me be straight: About as much as the color of the shirt I wear matters.

Private discussion groups have been forming in Slack and all kind of mods and optimization tricks have been pulled off and tested, but no matter how hard anyone tries, the facts are hard to ignore:

bidji [9:20 AM]

basically luck

Scor2k, developer of NxtBridge and NxtBridge-OFFLINE:

I tweaked nxt.properties to connect to many more nodes than default, and also set it to broadcast transactions to like 50 nodes instead of default 20.

# Maximum number of outbound connections.
nxt.maxNumberOfOutboundConnections=100

# Maintain active connections with at least that many peers.
nxt.maxNumberOfConnectedPublicPeers=75

apenzl [1:02 PM]

Were you forging or was your account balance leased to a forging account?

scor2k [1:03 PM]

No )))

The number of Nxt nodes is growing, Nxtwiki sees new visitors; driven by a monetary incentive crypto investors are learning about the Nxt technology, not just the coin, which will be the backbone of Ignis and the Ardor Platform. And so, they begin to understand Nxt’s features (mind you, most crypto ICO’s usually sell tickets to not-existing technology – Nxt has been running stable and been improved upon by world-class developers for almost 4 years).

This is good.

By learning about the NRS client and server they grasp the power of Nxt, Ignis, and Ardor.

IGNIS logo

forkedchain [9:39 PM]

it appears that MAAC was splitting his NXT into orders with 400.000 NXT in each

napdude [9:43 PM]

MAAC risked tons of nxt to get his fills in the last many rows

 

“This shit project will not exist next year”!

Oh yes, it will. We must emphasize something, though:

Nxt’s powerful ‘Smart Transactions’ (inbuilt smart contracts) are only as smart as the people using them! Some people get desperate or make transactions too fast without knowing what they do.

Then they get angry.

PLEASE DO NOT PLAY AROUND WITH FEATURES YOU DON’T UNDERSTAND!

A few ICO adventurers have tried to take shortcuts but ended up worse than they started.

Some have bought JLRDA look-a-like currencies from the Monetary Exchange, fake JLRDA assets on the Nxt AE or the Nxt Marketplace, despite all warnings. One new user managed to broadcast a phased transaction to himself, which has locked his NXT for 7 days, using advanced functionality in the client.

One new user managed to broadcast a phased transaction to himself, which has locked his NXT for 7 days, using advanced functionality in the client.

That’s “learning the hard way”. One can react sanely, or by simply crying “shit ICO you bad take my money”, frown publicly upon Nxt, Ignis, Ardor, Jelurida – and about everything from the 1 NXT transaction fees to – understandably – not being able to get in at this very early point of the ICO.

Most though has found the ICO setup ingenious.

The adrenaline!!!!

Yes, IGNIS will be traded on exchanges eventually, and ICO participants may or may not (well, we won’t give trading advice here) make a fortune from their early investment, but what Jelurida is selling are operational tokens, the access to the first child chain of the Ardor Blockchain Platform.

Don’t fall for scammers

An old scam trick on the Nxt blockchain is sending out teasers in the form of tokens, for example, an asset issued for 1000 NXT but worth a lot more if the scammer succeeds, so he sends it to NXT accounts, it’s like ads on blockchain, an airdrop of assets which he hopes will make Nxt users think: Wow. Is this what I’m looking for? I’ll buy more!

No you won’t. Delete the assets or just let them be.

scor2k [10:34 AM]

May the forge be with you (c)


Nxt News – August 2017 (II): Sometimes you Eat the Whale and Sometimes, well, the Whale Eats You

August 2017 (II)

 

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

The in-progress IGNIS ICO has been eventful, with whales showing up and consuming batches but also minnows buying in. We report on a project migrating to Ardor, give updates of the Berlin Meetups attended by Lior Yaffe, and offer helpful advice. Learn the important names and players in the Nxt/Ardor ecosystem, stay up-to-date on the latest happenings with the IGNIS ICO and stay informed.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • IGNIS ICO

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

A whale ate most of the first three batches of 5M tokens each – 3 percent of the tokens available in ICO were purchased in a matter of seconds by the user, “MAAC”. He accomplished this by spamming phased JLRDA buy orders into the blockchain ahead of time, with high transaction fees –  some at 10 NXT and others as high as 20.

Many users got upset and accused “MAAC”, who – according to himself – is one of the 72 original investors in NXT, of gaming the system, but he did not do anything wrong – whales exist in this world, and they can be very intelligent. The token sale is conducted in such a way as to minimize as much as possible the actions of hungry whales, and so today, the Jelurida developers released their fix of the situation: NRS 1.11.7.

New NRS release: 1.11.7

Kristina Kalcheva, on behalf of Jelurida:

Hello Nxters, v1.11.7 of the Nxt wallet is now released.

Please note that this is more user-friendly and a recommended upgrade for everybody who wants to participate in the IGNIS crowdsale. It allows every JLRDA buyer to place their purchase orders while still waiting for the sell offer to be published, thus giving everbody a better chance to buy JLRDA. https://nxtforum.org/nrs-releases/nrs-v1-11-7/

You need to run a full node (not a light client) in order to be able to take full advantage of this improvement.

From the change-log:

This release adds the ability to submit a JLRDA purchase transaction from the IGNIS Token Sale page even before the sell offer has been published.

Instead of broadcasting the prepared transaction immediately, it schedules it to be broadcast as soon as an unconfirmed currency exchange offer transaction from that issuer [Jelurida], for that currency [JLRDA] and a sell rate not higher than the requested, arrives in the unconfirmed transaction pool.

This API requires a full node (not a light client) and admin password unless
running on localhost.

For this to work, you must keep the node running after submitting the
purchase transaction, until the sell offer has been received and processed.

ATT: MyNxt users: Go full NRS!

For ICO participants using the 3rd party mynxt.info web wallet, VanBreuk ads:

Due to the high demand and the use of phased transactions (not supported by the MyNxt Web Wallet) in the first ICO batches, and specially after the release of the Nxt Client 1.11.7 to allow users to place ICO purchase offers before every batch is placed for sale, it is NOT RECOMMENDED to use the MyNxt Web Wallet to participate in the IGNIS ICO, at least for as long as the demand exceeds the amounts offered in each sale.

Thus, the steps below describing how to participate in the IGNIS ICO from the MyNxt Web Wallet will hardly succeed until the supply for sale in every ICO sale round remains available for at least a few blocks.

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

More info

Six batches of 12 in Round 1 are completed. The availability schedule of the 6 batches left (30M IGNIS) is as follows:

Aug 8th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 9th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 10th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC

Do not worry, do not despair – there is still plenty of time left to buy into the ICO.

Live stats:

Live data from the Nxt blockchain

 

  • FAQ about the IGNIS Token Sale

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

What is the JLRDA token?

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

Can I buy IGNIS tokens using Bitcoin or another altcoin?

Not directly, since we believe Nxt is a better crowdfunding platform than anything else out there, we would like you to buy NXT in order to buy IGNIS. Having said that, we cannot prevent 3rd parties from selling IGNIS tokens they bought themselves to investors using off blockchain deals. This is generally not recommended since this will require you to trust these 3rd parties to actually send you the IGNIS tokens once they are distributed on mainnet.

Is there a risk that a single large investor will fully buy the first price level and not let anyone else participate?

This risk exists like in any other token sale, and we cannot fully prevent it. We will try to make it difficult for a large investor to do so, by separating the sale of each price level to several smaller exchange offers which will be published without announcement of a specific block height. Also please consider that if someone does buy a large portion of the IGNIS tokens at one price level, they cannot sell it on to the buyers of the next price level due to the limitations imposed by the controllable currency.

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

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

When will exchanges support the IGNIS token?

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

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

Many more questions are answered in the wiki.

Source

The IGNIS ICO is underway for the next couple months and Round 1 does not end until August 12th.

(Back to the Index)

 

  • Meetup – BigchainDB & IPDB: Token ICOs

News introduced two weeks ago hyped Lior Yaffe speaking at a Berlin Meetup on the significance of token ICOs and they saved the best talk for last.

The most anticipated talk of the night was Lior speaking at length about how the Ardor platform is different than Nxt and how Ardor solves many of the fundamental issues with the blockchain – namely blockchain bloat and the issues of using the same token for securing info and value transfer.

Eager members of the Nxt community were on site in Berlin to document the Meetup. Many thanks to Xavier Lavayssière, @XavierLava, for providing us with these excellent photos from the Meetup. There is a lot of buzz in the blockchain space surrounding Ardor and the IGNIS ICO and we are excited for the continued success of our platform and community members, who are all working hard to keep this ICO on track.

(Back to the Index)

 

  • CryptoCoinShow – Ardor, Nxt, and the Ignis ICO

Speaking of buzz, YouTube channel CryptoCoinShow, created an episode that spotlighted Ardor, Nxt, and the in-progress ICO.

Host Ashton Addison is very knowledgeable about cryptocurrencies and we are thankful for his coverage of the ICO. All publicity is good publicity.

(Back to the Index)

 

  • #OpEasterEgg

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

As the currently ongoing IGNIS ICO has turned into the greatest hunt for tokens ever seen on the Nxt blockchain, we’ve decided to take a pause and pick up the torch again between Round 1 and 2 (aug 13-aug 26).

To join the Nxt Blockchain Easter egg hunts and compete for free valuable tokens, follow the news and of course also #OpEasterEggs on Twitter.

(Back to the Index)

  • Frasindo Rent – Paper Wallet for upcoming ARDOR platform

At Nxter we recently learned of the existence of this company and its ICO, currently in progress.

Founded in 2013, the Frasindo team is dedicated to growing their platform and will be another Ardor child chain, after Ignis and Bitswift. We have verified that there are several members of the Nxt Foundation are helping the project as one of their key services to provide support to projects interested in using Nxt and Ardor technology.

User san2salim has designed some paper wallets of the future Ardor platform for the project. The wallet design is quite good and we are happy to showcase the artistic talent within the Nxt community.

Source

More info

(Back to the Index)

NXT AE

  • Janus – Update

It was not just a busy week for Jelurida. As the Janus team continues to work on trademimic.com, they continue to work and perfect the user interface.

From Bjorn, in their own words:

I’ll have some side projects before trademimic.com goes live potentially to help with divs soon too but i am waiting on concrete affirmation of these before I can release more info. I’ll know in the next 4 weeks basically and then pass on the news as I have confirmation it can be done.

With the upcoming transition to Ardor I don’t want to make too many drastic moves until that is settled and all Janus users are feeling comfortable with it. I don’t believe the change will be huge in terms of user interface but it’s a precaution.

Dividend payment

https://twitter.com/FloatingLamps/status/893547571645435907

A total of 21 058,19 NXT will be distributed among 396 accounts which own a total of 21,058,198 shares.

0.001 NXT per Janus owned.

Transaction 10247192402062977665

We are excited for the opportunity presented by the launch of trademimic.com and we will continue to provide you updates as they happen.

(Back to the Index)

 

  • Adel – Update – Innovation in Banking

Likewise, Adel has been busy too. They have released the powerpoint presentation they used to pitch to banking executives about the promise and power of the blockchain and its many potential applications within the financial technology (fintech) sectors.

In October 2016 we delivered this presentations to banking executives – educating the finance community on the potential of blockchain in their sector, and beyond.

We hope you enjoy watching this content. If you would like to see more, please leave a comment below. Thanks.

Gabriel Dusil, co-founder & board member, Adel

▲ This presentation was delivered at Paralelni Polis in May, 2017

Here are the powerpoint slides

 

More info

(Back to the Index)

 

  • Bitswift – Update

With new community member Bitswift migrating to Ardor, we are proud to announce that they need quality employees in the Niagara and Toronto area. Interested in exploring the blockchain space, wanna meet new people, live in or around Toronto? Being a Bitswift rep might be perfect for you.

In their own words:

Benefits of being a Bitswift rep :

1.  Work somewhere new everyday

2.  Resolve new problems every day

3.  Meet new people every day .

Tired of your boring 9-5 job ?  Perhaps being a Bitswift rep aligns with your lifestyle.

We are accepting applications for reps in Canada.   Looking for reps in Niagara and Toronto area, if this is you, give us a shout.

Please note reps are not employees of Bitswift, but rather partners operating under the Bitswift umbrela.

Bitswift @ Hill Island Tower
Bitswift @ Hill Island Tower

Additional category will be added:  “Point of Sale”

If anyone has product or category recommendations, let us know, we may add it.

Source

(Back to the Index)

DEVELOPMENT

  • MrV777 – Basic Ardor Lite Mobile Wallet

We love the wonderful talent that exists within our community. As such, user MrV777 has created a basic mobile wallet for Ardor. He is currently building the mobile app for Android but will quickly make the iOS app version when done with that. With this mobile wallet you are able to transfer in and out on any childchain, create contacts, and there is even support for QR code reading.

In his own words:

Hello,

I wanted to share here my recent little project 🙂
I decided to create a basic mobile wallet for Ardor. Currently, it just lets you see transfers in and out of your address for any childchain, send on any childchain, and create contacts (On my To-Do list is to name the contacts 🙂 ). QR code reading should also work for passwords and sending addresses. You can also specify what node you want to broadcast to (all signing is done locally, so your password is never sent over the net).

Currently, I am only building the files for Android, but since it is built with Ionic I can quickly make the iOS app when I’m ready. If you want to test it on the Ardor Testnet, the download link is below to version 0.1.0:
https://expirebox.com/download/bcbebf6008f383e09ef5b06b08bb713e.html

Let me know what you think

We thank this user for his time and effort spent developing a lite mobile wallet for all of us to use. We really do have an amazing and engaged community here with Nxt and Ardor. Here is a link to download the mobile wallet on the Ardor testnet.

Screenshots

Source

(Back to the Index)

 

  • Weekly Reminder: Changing NRS from light to full mode

Kristina Kalcheva, Co-Founder, Managing Director and Legal Expert at Jelurida had this to say to the Nxter community for our weekly reminder section:

Dear Nxt community members, thank you for your contribution in the first 2 days of the IGNIS ICO!

We are carefully considering the feedback and we are looking into possible ways to ensure that all the Nxters and also newcomers can participate in the IGNIS crowdsale more easily. We also recommend to everybody to configure their Nxt client as a full node to avoid overloading the public nodes.

So, how does my NRS client become a full node? 

The light node was a feature introduced in NRS 1.11.0.e that allows the client to become immediately usable by forwarding API requests to random remote nodes.

Here is an extract of the changelog for that version released back in July, 2016:

The roaming client feature, enabled by default, makes the client immediately usable by forwarding API requests that need the full blockchain to a randomly chosen peer (remote node), selected to provide the openAPI service. As all html and javascript files are still served locally and not from the remote host, this is considerably safer than just using a remote node. Outgoing transactions are also signed locally, never sending the secret phrase to the remote peer.

This roaming client (API Proxy) mode is used automatically while the blockchain is still downloading, with a switch to full client mode once the download is complete.

So, with the client running in light mode you don’t have to wait for the entire Nxt blockchain to be downloaded in order to begin making transactions with the NRS. You can make transactions immediately. The NRS wallet will just download the blockchain in the background while it sets itself as a “Light Client.”

This procedure is safe because Nxt uses a “brain wallet” system, which means nothing related to your account is stored on your PC (there is no wallet.dat or any similar wallet file used and stored). Also, your passphrase is never sent to the public nodes you connect to, as the NRS client uses “local signing”; you passphrase never leaves your browser when you sign a regular transaction.

If you permanently want to have a light client and do not want to bother with downloading the blockchain, you are able to do so. When installing the NRS client, select “operate as a light client”.

For the IGNIS ICO it is recommended to run the client in full mode.

If you, on the other hand, did select the NRS client to “operate as a light client” during install, and want to change it into a full mode client, you will have to uninstall your client and reinstall it again. It will now automatically work in full client mode after it has downloaded the full blockchain.

Tech savvy users may prefer to switch from a light client to full node by just setting  nxt.isLightClient=false in conf/nxt.properties.

How long does it take to download the blockchain?
How long do I have to keep the NRS running until it becomes a full node?

That is hard to say, but it will take some time depending on the device you are using to run the NRS, from several hours to several days. This is due to the fact that for a node downloading the blockchain from scratch, the only way to verify that the next block it is downloading was indeed generated by a legitimate account (i.e. having sufficient stake), is to make sure it calculates and verifies each account balance as it downloads the blockchain, by processing all old transactions it encounters during the download. This is the official and recommended way for any blockchain platform, slow but secure!

But I’m in a hurry! I can’t wait that long! Isn’t there a shortcut to speed up this process? In Bitcoin a lot of people download a huge blockchain file for their nodes using a .torrent file!

The main reason for Bitcoin users doing this, despite it being an unsafe way to set up your nodes, is because Bitcoin’s blockchain weighs almost 130 GB, which takes the age of the universe to synchronize. The Nxt blockchain weighs less than 3 GB currently, and still, some users will have to wait days for the entire blockchain to download.

However, you can still download a smuggled Nxt blockchain. There are some known pages where you can download the file, and it will save you hours if not days of your time when you set up your full node. These locations are:

  1. Ardor Tools – at the bottom of the main page you can find and download the Nxt blockchain file.
  2. Nxtportal – under the “Resources” section you can find the Nxt blockchain file, but it is not as updated as the previous one. Still, it will save you from processing thousands of transactions.

Either way, once you download the zip file with the Nxt blockchain from any of the above resources you need to unzip it, stop the NRS server if you’ve already started it and then copy the extracted files from the zip inside the nxt_db folder of your Nxt installation folder, overwriting the existing files (if any). The nxt_db folder is usually located at:

[Linux]: nxt/nxt_db

[Windows]: Users\Username\AppData\Roaming\NXT\nxt_db

[Mac]: “/Users/Username/Library/Application Support/Nxt Wallet

Restart your NRS server, let it download the latest blocks to fully synchronize with the network and your previous NRS light node will automatically switch to an NRS full node! Congratulations on saving time and energy.

 

(Back to the Index)

 

NXT IN THE MEDIA

  • Medium – IGNIS: The first of Ardor’s child chains – Crypto Judgement

Last week Crypto Judgement, a cryptocurrency blog, wrote us up and explained in depth about Ardor, the IGNIS ICO and more.

He writes that

The technology of Ardor and Ignis holds high promises, as no other project uses the parent chain / child chain functionality and a big and old community stands behind the project.

High praise indeed. Many thanks for the support and feature piece Crypto Judgement.

Source

(Back to the Index)

 

PRICE EVOLUTION

  • TradingView – NXT Buy Opportunity

Source

(Back to the Index)

 

  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

And that is all for this week, Nxters. Stay tuned next week for more up-to-date coverage on the IGNIS ICO, the launch of Ardor, and much more. For those who cannot wait a week to learn more about the IGNIS ICO, we have our ICO Coverage series running. We will have almost daily updates of important things like the number of tokens left, when the rounds occur, and we will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this momentous ICO.

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

IGNIS ICO Report 2

Did you hold your breath?

Never mind, the second 5M batch of the IGNIS ICO got snatched by MAAC the Whale. And also most of the third.

But look at this now:

Live data from the Nxt blockchain

69 new buyers got their hands on JLRDA  –

no ninja tricks, no bots, just by using the full Nxt client. It’s a race to get in, sure. Back hurts from leaning forward towards the screen, eyes burn from staring without blinking, and personally, I burned my dinner in the oven because I didn’t dare to leave the computer within the ICO time frame. And I wasn’t even among the lucky 69. Transaction sent, the fee goes to forgers, try again if you want.

Only 5M of the ICO tokens are released in each batch in this Round 1, so maybe it’s better to wait. It’s just that… buying IGNIS for 0.4 NXT per token would be pretty nice, right.

What’s next?

Kristina (Jelurida) gives us this update in nxtchat.Slack:

Dear Nxt community members, thank you for your contribution in the first 2 days of the IGNIS ICO!

We are carefully considering the feedback and we are looking into possible ways to ensure that all the Nxters and also newcomers can participate in the IGNIS crowdsale more easily.

We also recommend to everybody to configure their Nxt client as a full node to avoid overloading the public nodes.

Jelurida has started moving funds to Bittrex, which is one of the higher volume NXT exchanges.

As people are beginning to calm down now, lots of thoughts and research by both new and veteran Nxters is ongoing, about the method MAAC uses and – not least perhaps – how to copycat it.

Another piece to this puzzle came from MAAC himself, as he uploaded a second public message to the Nxt blockchain:

Now guess who forged the block with the 4th JLRDA bid offer and 1009 NXT in fees while at work? Ahem, yeah

Questions?

So, does all this mean that Jelurida is incapable of running a fair ICO on the platform they designed themselves? Will this be Nxt’s “bad distribution” issue all over again? Is MAAC a heartless attacker, a movie theater worker with great belief in the work of Jelurida or just a greedy whale? Will he succeed or can Jelurida exploit his methods and succeed in creating equal terms for all?

In the coming days, we will dig into this in much greater detail, and not least explain about IGNIS, and all the advantages of the revolutionary new Ardor platform.

The JLRDA release schedule is as posted from Jelurida, remember each one is a batch of 5 M tokens:

Aug 5th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 6th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 7th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 8th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 9th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 10th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC

The coin sale will last for months so do not worry if you are not able to participate immediately, there will be many opportunities to participate in the IGNIS ICO.

In addition to the ongoing ICO, approximately half of the IGNIS coins in existence will be distributed automatically to NXT holders based on their account balances at the time of the Ardor Genesis Snapshot, at 1 NXT = 0.5 IGNIS ratio.

 

IGNIS ICO Report 1

The long awaited crowd sale of the IGNIS token has begun.

For sale are 440,000,000 Jelurida tokens (JLRDA) out of 1,000,000,000 total.

The Nxtchat.slack has been buzzing for weeks with anticipation and discussions of how to get your hands on these JLRDA tokens and this article contains some important information pertinent to your investing decisions.

1st round sold out in a flash


Live data from the Nxt blockchain

IGNIS logo

Boom – first round is over…

Eager participants from all around the globe were ready, eagerly staring at their desktop clients with the ICO window open in their NRS Client, excitedly building tension in Slack, ready to purchase.

And then…

The shock – as everyone realized that the first ICO round was over even before Jelurida’s exchange offer had hit the client GUI! The first 5M JLRDA tokens had been sucked up by a single whale in a flash.

1% of the JLRDA tokens available in the ICO had been sold without anyone even seeing the offer let alone having a chance to place their orders in the client!

What happened?

Take a look at the whale’s account.

https://nxtportal.org/accounts/11731960900805566730

Lots of phased transactions. Buy offers put into every block within the announced time frame of the first round, just waiting for his approval to be executed.

But how could he react so fast? One sound theory is that the buyer had a bot listening to the network and as soon as the exchange offer was put by Jelurida, still unconfirmed, he executed the transaction in that same block.

First reactions were harsh. From emotional accusations from disappointed users that the ICO round had to be an “inside job”, to conspiracy theories and sad claims that all IGNIS tokens most certainly would be sucked up by rich investors only, “just like in the fiat world”, hit the world wide web by storm.

And now, few hours before the next batch of 5M JLRDA tokens are to be released, we can only wait and prepare for our second chance to get in. No, “MAAC” did not play it fair in Round 1 but after all, he played it well AND played everybody by the rules of the tech. Rules that can be dug into by everybody, by the way.

Here’s a statement he made, sent from his phasing account:

Jelurida has released a schedule of the availability of the batches for the first round of JLRDA. 55 M tokens are left in 11 bins of 5 M, staggered by 12 hours to make it harder for whales (people with massive amounts of NXT) like MAAC to buy the entire amount.

The release schedule is as posted from Jelurida:

Aug 5th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 6th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 7th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 8th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 9th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC
Aug 10th between 06:45 – 07:15 UTC and between 18:45 – 19:15 UTC

In the coming hours and days, we will keep you posted about the progress of the ICO, as well as explain in much greater detail about IGNIS, Ardor, and all the advantages of this revolutionary new platform.

The coin sale will last for months so do not worry if you are not able to participate immediately, there will be many opportunities to participate.

Let’s see what happens. Meanwhile, the discussion is ongoing:
https://nxtforum.org/general-discussion/ignis-token-sale-progress/

In addition to the ongoing ICO, approximately half of the IGNIS coins in existence will be distributed automatically to NXT holders based on their account balances at the time of the Ardor Genesis Snapshot, at 1 NXT = 0.5 IGNIS ratio.

IGNIS ICO Report 2 >

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

August 2017 (I)

 

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

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

NXT COMMUNITY

DEVELOPMENT

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

  • IGNIS – New Details about the ICO

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

The IGNIS token sale and the SEC

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

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

From the Nxt forums:

Lurker – How will this effect IGNIS ICO?

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

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

Source

JLRDA coins will be sold in batches

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

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

Riker states:

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

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

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

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

Source

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  • Meetups – Riker in London, soon in Berlin

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

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

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

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

BigchainDB elaborates:

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

Source 

Berlin info

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  • Fake Tokens Warning

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

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

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

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

Riker, on the Nxt forum:

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

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

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

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

martis:

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

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

FAKE TOKENS WARNING

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

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

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

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DEVELOPMENT

  • NRS Update – Version 1.11.6

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

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

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

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

Future Nxt clones must give 10% to NXT holders.

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

Ignis ICO Page + New Improvements

Full changelog

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

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

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

Print Paperwallet

Riker explains:

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

Updated Android Client App

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

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  • Technical Roadmap – From Nxt to Ardor

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

Timeline from Nxt to Ardor

Source

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  • The Ardor API

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

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

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

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

This document corresponds to Ardor version 2.0.3e.

Source

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  • Weekly Reminder: No Handholding – Buyer Beware!

Let’s break it down once again.

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

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

PLUS:

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

From the Nxt forums

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

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

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

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NXT AE

  • Janus Update

July Dividend

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

ascendus [5:15 PM]:

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

Janus’ dividend history

Janus’ move to the Ardor platform

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

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

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

Janus: 4348103880042995903
JanusXT: 14572747084550678873
ComJNSXT: 13363533560620557665

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

Janus Roadmap

ae-Janus-4348103880042995903

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  • Adel – Update

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

In their own words:

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

*Community Portal Update*

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

*Home Page Development*

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

*Content Creation*

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

*Marketing Press & Events*

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

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

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

More info

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  • Bitswift – Update and Pitch

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

In their own words

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

Are you still wondering what Bitswift actually is?

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

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

We will accomplish this through our companies and community.

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

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

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

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

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

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

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

Source

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NXT IN THE MEDIA

  • Ethereumworldnews – Top 5 Cryptocurrencies To Invest For The Moment

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

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

Ardor

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

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

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

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

Source

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

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

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

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

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

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

Listen to the interview

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

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

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

Source

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  • Steemit – IGNIS ICO: What are your options?

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

scenarios_small-3.jpg

Source

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PRICE EVOLUTION

  • TradingView – NXT Entry Levels

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

Source

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  • Weekly NXT/ARDR Price Evolution

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

The following graphic shows the ARDR / Bitcoin exchange rate at Poloniex over the past week

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That wraps up the news for the week. Upcoming we will analyze the IGNIS ICO. Stay tuned for next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space. We love our community, we would be nothing without you guys/gals!

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

Nxt News – July 2017 (IV): The secret of getting ahead is getting started

July 2017 (IV)

 

Welcome again, fellow Nxters! You are in the right place to expand your mind and stay knowledgeable about all things Nxt and Ardor. We aim to be accessible to new readers as well as informative to long time followers who come to learn the latest news and most relevant happenings in the blockchain space.

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by jagd (James), rubenbc, with final edits by Travin Keith, apenzl, jose.


NXT COMMUNITY

 

  • Jelurida Details IGNIS ICO

#IGNIS #blockchain #ICO dates and pricing have been announced at https://t.co/baCpwOraK0 #NXT #Ardor #cryptocurrency #investing pic.twitter.com/nZUtL1TriU

— NXTER Magazine (@Nxter_org) July 17, 2017

We have more details for the much anticipated IGNIS ICO. Last week the Jelurida team announced that the fine details and preparations needed for initial coin offering (ICO) are almost complete and the IGNIS ICO schedule has been released with the rates for the tokens (JLRDA) priced in NXT.

Lior Yaffe, senior developer at Jelurida, whose handle is Riker, has announced that August 5, 2017, is the beginning of the ICO, save the date! Being a controllable currency, the JLRDA tokens will not be tradable or transferable between user accounts. The purchased JLRDA currency units will only serve as a proof of ownership and initial IGNIS balance for the Ardor Genesis Snapshot. A controllable currency was chosen to prevent trades from happening while the token sale is ongoing so that purchases of JLRDA directly contribute to funding the development of the platform.

Purchasing JLRDA tokens will require NXT, however users will be able to exchange other cryptocurrencies to NXT conveniently within the Nxt wallet using the integrated ShapeShift and Changelly third party exchanges, subject to availability.

For 1 JLRDA token the participants in the ICO will receive 1 IGNIS coin at the time of the Ardor Genesis Snapshot.

Lior Yaffe (Riker):

Ideally, Jelurida will end up the ICO with 40M NXT in its account that it won’t sell so we have an incentive to continue to develop and promote NXT in the future.

Is he talking about the integrity of the Nxt Blockchain long term?

Lior Yaffe (Riker):

Consider that Jelurida will keep 20% of the raised funds up to 40M in NXT and not convert them to BTC or Fiat. Therefore Jelurida has the incentive to see NXT continue to flourish.

In a nutshell, the idea is that the more funds we raise in the ICO the more we will invest back into NXT development in addition to Ardor development.

Either way, the risk that the NXT blockchain will get completely abandoned given that the rest of the blockchain ecosystem continues to progress is minimal. Unlike the POW coins which require huge infrastructure, NXT can be kept alive by few dozens of users each paying for a 10$/Month VPS.

NXT, even in its current state, is still orders of magnitude more functional than anything else out there and given that it’s one of the only open source blockchain projects and that it is much simpler to develop for NXT than for anything else, I still expect an NXT community to form even if all existing devs walk away (which won’t happen anyway).

Exciting times await in August! The earlier you invest your NXT the more IGNIS tokens you will receive at the Ardor Genesis Snapshot. Invest your NXT tokens wisely and always do your due diligence beforehand so you can be as informed as possible. We do.

Source

More info

Article available in English, Deutsch, Chinese, and Spanish:
https://www.jelurida.com/ardor-blockchain-platform-design

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  • JELURIDA PUBLIC LICENSE

https://www.jelurida.com/jpl

Concurrently with the IGNIS ICO, the talented team at Jelurida have created a new “copyleft” license in the spirit of GNU General Public License, but tailored to the intricacies of open source cryptocurrency projects.

This “Coinleft” license is not only meant to ensure that the source code of any work based on Jelurida IP BV technologies and platforms – Nxt, Ardor, etc., remains open but also that the original community of blockchain token holders receives value from derivative projects based on their original software. The Ardor platform and the future NRS versions will be released under this license, with Ardor and Nxt clones being required to give 10% of their tokens to IGNIS or NXT holders respectively from here on out. All of this is achieved with the new Jelurida Public License (JPL).

Kristina:

Good evening, everybody
A light reading for the weekend – the full text of the Jelurida Public License is now uploaded on our website.

The Ardor platform and the future NRS [Nxt Reference Software] versions will be released under this license.

Ardor and Nxt clones will have to give 10% of their tokens to the IGNIS or NXT holders respectively from now on.

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  • The Issue of the Chinese name of Ignis – 火链

marenkar:

“Ignis” can mean “Fire Coin” which translates to 火币 aka Huobi

After long and heated discussions in the Chinese community, the issue of the Chinese name for Ignis has been amicably resolved in a closed room discussion. The issue stems from the translation of “Ignis”, which can translate as “Fire coin” to Huobi, which is one of the largest digital currency exchanges in China.

The consensus for the translation is to call “Ignis” as “Fire chain”, instead of the already taken “Fire coin”. One of the interesting nuances of the distributed ledger technology space is that we are truly global in scale, and  – much like the beloved Joss Whedon television show ‘Firefly’  – Chinese and English are the two dominant languages with China being home to a significant number of Bitcoin Exchanges, like Huobi.

The future of the internet is the so-called “Internet of Value” age and with it comes increased globalization so it behooves us all to be more culturally refined so as no matter who you are, are where you are from, we can all build something great, together.

NXT

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  • LinkedIn Post:
    Ardor is Coming Soon – Better Than Ethereum?

Ardor is Coming Soon – Better Than Ethereum?
Published on July 20, 2017

A new kind of cryptocurrency is coming on line that the company claims is easier to use than ethereum. It is brought out by Jelurida, the developers behind Nxt and will use technologies already online from Nxt cryptocurrency and blockchain.

This multi chain solution with a parent-child chain architecture is called Ardor

Despite the news that the launch of the Ardor platform will happen in Q4 and not Q3 this year, anticipation swirls. An informative piece was penned by David Murry, Founder CEO at Kainui Canoe, on LinkedIn extolling the many virtues of Ardor.

Specifically, he wrote about the claims that Ardor will be easier to use than Ethereum. Listing the many benefits of Ardor, eager anticipation within the Nxt ecosystem exists for the ability to permit and easily implement cross chain asset trading. Doing so allows child chains to easily interact and therefore increase collaboration across our great community.

The tokens were distributed in October last year, though just as placeholder assets on Nxt. ARDR as an asset on Nxt will become ARDR as a coin on its own blockchain in early Q4 this year.

Source

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  • #OpEasterEgg

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

To join the Nxt Blockchain Easter egg hunt, follow the news and of course also #OpEasterEggs on Twitter.

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  • Ardor/Nxt – Original and unique art painting

The Ardor/Nxt community is rich in talent. Last week we had all those wonderful submissions for the IGNIS logo to vote on. The vein of talent runs even deeper than that –

user start the art from Bitcointalk created the NXT inspired masterpiece you see below entitled ‘NXT COIN 01’ :

Title:- NXT COIN 01-
Year:2017

Feel freee to contact me
We can arrange the price of painting,I am open to make  good deal

Source

We are happy to support the arts and we are very impressed with this piece. If you too are impressed or inspired please contact him and inquire about it.

Art is not a language through which sophisticated people congratulate themselves on their superiority – no, it is a vibrant and powerful expression of humanity through the lens of our platform. As our community continues to grow and diversify, so can we by embracing those who produce and create products outside of the blockchain space that embraces our platform.

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  • Video Tutorial with Riker – Creating your new Nxt account

The blockchain community can seem impenetrable if you are curious about how to become an active member of the Nxt community. Linked below is a very handy beginner’s guide to creating your NXT account, securing your passphrase, and some useful tips on how not to lose it.

Everyone was once new to this community. We welcome all and will continue to be accessible to all.

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  • SCAM ALERT: JRLDA is NOT JLRDA

A classic case of caveat emptor – buyer beware. Jelurida tokens will not be available until August 5th. At least five people bought into JRLDA, which is not JLRDA. Likewise, there are fake coins with names like IGNIC, ARDRX, ARDRC.

Beware when you scroll the currency pages of the NXT client. These coins are flagrant attempts to skim off the success of NXT and ARDR and now JLRDA. Pay close attention to the ID’s as much as the names of any AE asset or MS coin before you purchase in order to ensure it is the genuine asset.

Source

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  • Meetup – BigchainDB & IPDB: Token ICOs

At a meetup in Berlin, the 3rd of August, Jelurida senior developer Lior Yaffe will speak at length about the blockchain bloat problem and introduce the Ardor blockchain platform.

Solution to the blockchain bloat problem, introduction to the Ardor blockchain platform and the Ignis ICO

Speaker: Lior Yaffe

Abstract:

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

Riker in the latest International Blockchain Hackathon organized by Intel
Riker in the latest International Blockchain Hackathon organized by Intel

Source

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NXT AE

  • Janus – Status Update

Janus has been quiet about what they have been working on of late. This week that ended when they released a detailed post about all things new and exciting with Janus.

From the Janus message boards

Active Sites and Dividends

a) As you probably know, we got involved with the ETC (Ethereum Classic) community. As an icebreaker and to prove that we’re men of our word and know what we’re doing (more on this later), we launched ETCBets.com , an upgrade of our existing codebase to use websockets as a transport layer which gives our site awesome betting speed and massively reduced server load. The site was well received and some of the site profits were distributed to both the ETC dev team(s) and Janus holders.

b) Parallel to this, BetterBets.io is still running and processing bets using both BTC and NXT. While it’s initial reception from the NXT community was quite positive, traffic has dropped quite a bit over the past 2 months. Part of this may be our fault because we’ve been focused on our future businesses and have not done a lot of promotions and marketing; another factor contributing to the drop in traffic may be that the NXT community is simply too small to sustain large betting volumes now that the initial site ‘newness’ has worn off.

c) Since betting is an unpredictable business and lady luck can’t be relied upon to always smile our way, ETCBets.com profits in May were basically wiped out by a lucky (and/or skillful) player who managed to win a large pot. The same player came back in June and repeated his performance, leading to another low dividend month for Janus holders. Our feeling on this are (of course) mixed. On the one hand, we don’t mind players winning and our investigation showed that this player’s winning were legitimate; as such we can only congratulate him on his success (on a sidepoint, the fact that this player was able to win a significant amount of ETC should serve as proof that we run an honest and fair casino). On the other hand, since we own the bankroll and could not distribute any significant dividends to Janus holders we’re a bit saddened by our loss. But such is the gambling business, you win some and you loose some.

d) Adding insult to injury, in early July a flaw in our site was discovered and an attacker managed to make off with about 490 ETC. Due to the fact that we have certain safeguards in place the attacker could not extract more than his amount from our site, but the loss, while not crippling still hurts. We put the site into maintenance and have since re-engineered the code which was responsible for the exploit. As of 2 days ago the site is live again with dice bets; Parabolic will be put live during the course of this week. To be clear: our server was not compromised and the majority of our bankroll remains unharmed and in our possession.

Future Plans

a) We have reached an agreement with a new developer who will join our team before the end of July. We hope that the addition of this developer will lighten the workload of our main dev (Lobos) and allow us to speed up development of our new sites.

b) We have always said that we will not put all our eggs in one basket. As such, we have for some time had plans for some side initiatives which at least deserve a shot to see if they can grow into viable businesses. One of these initiatives is about 50% complete and it will be the task of our new dev to take the code we have so far and bring it to completion.

c) In addition to everything else which has been going on, work on our first mainstream site – TradeMimic.com – has begun and some basic pieces of functionality are starting to come together. There is still lots of work to be done for this site and completing it will be our devs primary focus for the remainder of Q3. We will keep everybody posted on progress and hope to invite some of our Janus investors to be beta testers when the site/code is ready for that.

Yours in business,

 

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  • Adel – Become a Member

Another important member of the blockchain space is Adel and their coin, ADL. Over the last week, ADL has been on sale Their community continues to grow and we wish them continued success. Last week they were advertising membership status and the perks of said status.

In their own words:

ADL has been on sale this past week.  Now is a great opportunity to top-up to membership status.  Our community is a great opportunity to increase your knowledge and moving big ideas forward.  Top up today and be part of a community incubating great ideas.  Membership starts at 64 000 ADL.

If you are unsure on how to top-up, please let us know at adel@adelphoi.io

When we learn together, our incubator carries that knowledge to all projects.  

As an incubator for blockchain innovation we offer a unique model for startups and the blockchain industry. It will be a great opportunity to share our vision with the fast growing Prague tech community.

Do you have ideas for a blockchain project and like the idea of building it with a community of experts?

 

Membership privileges include:

▲ Access to the community modules (except for the Account module which everyone has access)

▲ Vote on projects based on your ADL balance

▲ Submit ideas and become an innovator

▲ Communicate & collaborate exclusively with other members

▲ Incubate ideas (I2) in Adel’s Collaboration module

▲ Collaborate Project Planning (P2)

▲ First choice to be employed in projects (Enterprise Execution, E2)

▲ Buy ADS tokens (Adelshares), in future projects

▲ Favorable rates in future community initiatives, purchases, etc.

 

How to Acquire ADL

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

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

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

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

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

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

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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  • Bitswift Token Migration

As Bitswift prepares for their token migration to Ardor as a child chain, documented last week, they announced how they will be hosting the token swap. The Bitswift market will be suspended as of 6:00 PM PDT on August 11, 2017 with new tokens being credited to Bittrex. Trading will only resume when both Bittrex and BDA Inc. are satisfied with the migration.

This is great news for both the Bitswift community and us Nxters in the Nxt community as we can collaborate together and synergistically grow our platforms and build upon each other’s success.

In their own words:

Bittrex Swap Info:
To make this process easier, Bittrex will be hosting the token swap. The Bitswift market will be halted and withdrawals suspended at 6:00 pm PDT on 8/11/2017 while the new tokens are credited to Bittrex. Trading will resume only when both Bittrex and BDA Inc are satisfied with the migration, with Bitswift users now trading the new tokens. Bitswift users balances will reflect the same total that they had prior to the swap. The old Bitswift tokens will be collected by BDA Inc from Bittrex. The old Bitswift tokens will no longer be supported by Bitswift companies and will no longer be traded on Bittrex.
https://support.bittrex.com/hc/en-us/articles/115000719871

Bitswift.press      https://medium.com/@Bitswift.press/bitswift-token-migration-c2f4186c89ea

 

(Back to the Index)

DEVELOPMENT

  • Weekly Reminder – Do you want NXT on your exchange?

A new week brings us back down memory lane; or back into the classroom for the uninitiated – exchange integration. The following page contains detailed information of how to link NXT to a currency exchange platform, an important part of building any exchange.

It’s easy:
https://nxtwiki.org/wiki/Exchange_Integration 

Feel free to contact us when you have added NXT and we’ll make sure to list you on this page 

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  • Ardor Explained, by Lior Yaffe Himself

Nxt, Ardor, all these terms are thrown around a lot here. The distinction between Nxt and Ardor is vital to know as it is one of the main selling points of the Ardor Platform. Based on the Nxt Platform, Ardor migrates from the testnet and has its Genesis later this year in Q4.

This video of Jelurida’s managing directory Lior Yaffe provides an excellent summary of Ardor and explains the key selling points of the platform and explains why it will be successful and revolutionary in the blockchain space. The perfect video to send to your friends who are curious about what Ardor is.

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NXT IN THE MEDIA

  • Steemit – IGNIS ICO Date released!

Steemit announced to the world the long awaited news of the IGNIS ICO in a short post. Details of the ICO are in short:

@askaran

Start Date: August 5, 2017
End Date: October 14, 2017
Early Bird ICO price: 0.4 NXT = 1 IGNIS
Late Bird ICO price: 1.45 NXT = 1 IGNIS

Source

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  • BtCurrencies – Ardor (ARDR)

As we approach the launch of Ardor, more and more news about it is available in the media. Last week, BtCurrencies explained Ardor and and its benefits and gives details of the upcoming ability to earn blockchain fees from child chains spun off from the parent chain, detailed in the new JPL referenced earlier.

Source

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PRICE EVOLUTION

  • TradingView – NXT Double Bullish Divergence

https://www.tradingview.com/u/DLavrov/

The market gave us a strong trend reversal signal like a double bullish divergence . RSI confirmed price reversal from the support level . MACD confirms an upward movement. DMI 0.54% allows open long trades. We can buy above 0.080000 and hold these trades in long term. Stop orders must be placed below 0.053000 level. Don't forget that the markets still can drop to new lows. You should not trade big volume .
The market gave us a strong trend reversal signal like a double bullish divergence . RSI confirmed price reversal from the support level . MACD confirms an upward movement. DMI 0.54% allows open long trades. We can buy above 0.080000 and hold these trades in long term. Stop orders must be placed below 0.053000 level. Don’t forget that the markets still can drop to new lows. You should not trade big volume .

Source

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  • TradingView –  NXT Buy Opportunity

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

That wraps up the news for the week. Upcoming we will analyze the IGNIS ICO. Stay tuned for next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space. We love our community, we would be nothing without you guys/gals!

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

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

July 2017 (III)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

The community has spoken.

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

And here are the final results:

Congratulations to our top-3 nominees!

savandra:

and bjorn_blockchain (x2):

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

marenkar (Nxt Foundation):

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

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

More information

Source

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

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

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

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

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  • Bitswift to Join the Ardor Platform as a Child Chain

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

Paul Busch, Founder of Bitswift:

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

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

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

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

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

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

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

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

Roadmap

Source

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

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

Riker, core developer, Jelurida, writes:

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

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

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

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

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

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

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

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

Source

BREAKING: ICO UPDATE

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

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

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  • Nxt.org – Overview of Main Features

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

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

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

Source

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  • Talk about Ardor in Chiang Mai, Thailand

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

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

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

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

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

Source and more information

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  • Ardor Business Case in a Nutshell

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

His summary can be read here: Ardor in a Nutshell

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

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NXT AE

  • Adel – Founders Visits Isle of Man

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

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

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

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

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

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

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

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

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

If you want to read the whole conversation click here

How to Acquire ADL

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

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

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

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

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

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

 

 

Membership privileges include:

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

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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DEVELOPMENT

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

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

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

Riker:

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

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

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

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

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

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

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

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

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

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

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

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

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

Source

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  • Weekly Reminder

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

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

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

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

The original question:

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

Riker, one of our core developers, responds:

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

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NXT IN THE MEDIA

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

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

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

Bitswift to Join the Ardor Platform as a Child Chain

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PRICE EVOLUTION

  • TradingView – NXT/USDT Bullish

Source

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

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

That wraps up the news for the week. We look forward to welcoming Bitswift supporters to our  platform and ecosystem! Stay tuned for next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space. We love our community and we would be nothing without you all!

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

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

June 2017 (IV)

 

Welcome again, fellow Nxters!

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

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

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

Marenkar:

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

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

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

Bounty

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

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

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  • The Nxt Giveaways Continue

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

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

INT. KATE’S JOINT, COPENHAGEN N – EVENING

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

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

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

Now get to work, Travin! 🙂

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  • NXT and Ardor Available in Payza Exchange

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

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

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

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

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

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NXT AE

  • Janus – Summary & TradeMimic

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

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

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

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

So at this point we have basically

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

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

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

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

Dividend incoming

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

Sporting Janus 

https://twitter.com/Janus_Token/status/878965249675808768

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

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

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  • Claim your Adelphoi Tokens!

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

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

Claim now

gdusil:

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

Members only livecalls

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

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

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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  • NXT Asset Silvercoin – ICO Begins

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

From the whitepaper:

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

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

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

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

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

Source and more information:

https://silvercoin.io/

https://www.nxter.org/ae

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

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DEVELOPMENT

  • Smart Phasing with Ardor

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

Riker announces that Phasing will be even smarter on Ardor:

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

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

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

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

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

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

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

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

Links:

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

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  • Weekly Reminder

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

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

About BTC and fiat on the Ardor Platform

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

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

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

 

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

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PRICE EVOLUTION

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

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

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

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  • TradingView – NXTBTC Buy Set Up

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

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  • Trading View – ARD we Missed the Plane but

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

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

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

And that is it for this week!

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

Alphonso Morris Q & A

Source: nxtchat.slack #qu_answers

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


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

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

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

Who are you and what is your career experience?

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

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

marenkar
Philly sounds like a great place!

almo3ree23
It’s a great city.

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

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

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

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

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

almo3ree23
They’re a great team to work with.

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

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

marenkar
Haha good to know! 🙂

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

almo3ree23
Explaining how good something can be to others is easy when you have a team & product as good as this. We’re all driven to succeed focused on producing quality, I believe creative minds tend to work well together. My interactions with members of the team has been very good. I believe my 30 plus years of public relations, world travel, and personal contacts will benefit the team as we grow.

I’m anxious to get into the creative process.

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

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

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

marenkar
That’s pretty awesome!

almo3ree23
Oh and Salt&Peppa were there as well!

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

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

marenkar
Another question that is being asked regularly on #janusproject is “To what degree can you utilize your ‘special’ industry contacts to help your team gain an advantage with online business sites and other Janus activities?”

almo3ree23
From my personal experience, we are only as good as our word on any level. Information is power in the right hands coming from the right people.

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

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

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

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

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

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

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

marenkar
Welcome into the blockchain community 🙂

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

almo3ree23
Yes with my contacts in music and television it wouldn’t be a problem for me to explain Janus to as many influential people and companies as possible.

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

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

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

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

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

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

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

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

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

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

almo3ree23
Sidney Australia or Tokyo Japan are my two favorite cities

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

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

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

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

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

merk
Cool. Thanks.

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

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

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

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

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

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

almo3ree23
Thank You all for your time and attention.

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


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

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

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

May 2017 (III)

 

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

NXT COMMUNITY

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Blockchain Event by El Pais Retina – Decentralized Voting

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Forging Bounty Lottery

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

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

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

Lior Yaffe, aka Riker, states:

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

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

Link to the the Nxt Client interface on mainnet by Jelurida

Link to the Nxt client interface on testnet by Jelurida

Link to the Ardor client interface on testnet by Jelurida

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  • Janus – New Projects and Q&A Session

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

Bjorn states:

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

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

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

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

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

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

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

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

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

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

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

#janusproject (Link to join Nxtchat on Slack)

Janus new’s compilation

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

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  • Adel – Roadmap and New White Paper Published

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

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

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

Feb 2016 Adel is founded

Jun 2016 Phase 1 Ecosystem Architecture

Dec 6th 2016 Website is launched

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

May 1st 2017 ICO, round 1 begins

Jun/Jul 2017 Adelphoi, ADL is listed on exchanges

Jun 2017 Community module development begins

Jun 2017 Phase 2 Legal & Investment structure development begins

Jun 2017 Idea to Project Supply Chain begins

Q3 2017 Ardor is released

Q4 2017 Adel becomes child-chain of Ardor

Q1 2018 Investment entity established

Q1 2018 Adelshare, ADS equity token is established

Q2 2018 First projects are funded & launched

Q2 2018 Phase 3 Project Execution

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

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

More information: ICO Portal

Twitter    LinkedIn    Facebook     Reddit

The Adel ICO is live

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  • 19800.com – New Market ARDR / CNY

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

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

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

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

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NXT IN THE MEDIA

  • CoinTelegraph – Reviews and Articles About Adel

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

Among Adel’s features are:

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

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

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

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

Source and more information: Adel – ICO Due Diligence

Adel – Why Fintech Incubator Launches ICO,

Adel – How Digital Currencies Help Create Real World Solutions Explained

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

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

May 2017 (II)

 

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

NXT COMMUNITY

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • NxtChat on Slack – 1500 Registered Users!

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

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

 

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

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

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

Twitter: NxtCommunity, ArdorPlatform e Ignis Guide

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

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

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

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

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

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

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

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

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

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

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  • Crypto Awards – Nxt Nominated

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

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

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

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

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

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

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  • Bitcointalk.org – Nxt Official Thread Updated

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

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

FORUMWIKIMAGAZINETWITTERFACEBOOKREDDITSLACK CHATWHITEPAPER

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

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

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DEVELOPMENT

  • Nxt’s Alias System – Plugin for Web Browsers

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

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

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

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

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

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

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

http://nxtwiki.org/wiki/Alias_System

https://peername.com/browser-extension

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NXT IN THE MEDIA

  • Adel – Articles and Reviews

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

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

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

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

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

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

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

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

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

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

The Adel ICO is now live

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  • Cointelegraph – Blockchain Mainstream Adoption

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

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

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

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

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

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  • Koles Coin News – Meet Travin Keith

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

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

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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:

Bitcoin wars, miner problems, scaling issues and… ARDOR

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

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

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

Crypto alts’ cap goes ^

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

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

How Ardor fits into the mix

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

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

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

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

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

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

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

April 2017 (III)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

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

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

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

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

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

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

Tutorial: Nxt Asset Exchange

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

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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://steemit.com/ardr/@nivesh/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:

(Back to the Index)

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

April 2017 (II)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Cointelegraph – Blockshow Europe 2017

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

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

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

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

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

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

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

http://events.cointelegraph.com

Blockshow news at Nxter.org

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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

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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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New public Ardor repository

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

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

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

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

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

April 2017 (I)

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Here below are more details about each of these topics:

 

NXT COMMUNITY

  • Hyperledger – Vendor Members List

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

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

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

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

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

Source and more information: The Nxt Foundation joins Hyperledger

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

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

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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

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  • 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/

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  • 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/

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NXT IN THE MEDIA

  • Nxt Foundation – In the Media

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

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

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

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

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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/

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  • Weekly NXT/ARDR Price Evolution

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

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

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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)

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  • 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://steemit.com/nxt/@newsbtc/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

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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:

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