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Nxt News – November 2017 (I): Never, Never, Never, Never, Never Give Up

November (I)

Welcome again, fellow Nxters! Start off your week by reading about the blockchain news of last week. Our dedicated team endeavors to bring you the most comprehensive list of the major events of last week. Winter sucks, it is cold, it is dreary, and it is often wet. But hey, Thanksgiving is a thing that is coming up. For our non-North-American readers, picture a holiday where you eat too much food, drink even more, watch sports and then proceed to drive to the nearest mall before dawn to participate in Black Friday sales to buy things you definitely do not need at slightly lower than normal prices; with that in mind, we have much info for you to intellectually gorge yourselves on.

From the end of the IGNIS ICO, finally, to a new Ardor website redesign, to a HUGE Ardor testnet release, a lot happened in the week that was. As always, if you are new, welcome, and if you are an old Nxter, welcome back. We adore the Nxt / Ardor / Ignis platforms and we love our talented and dedicated community members even more. Who needs to work when you can read up on your favorite hobby that will slowly take over the world! Sit back and let your mind become full.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • IGNIS ICO

It took three, eventful months but now the IGNIS ICO has ended. On behalf of Jelurida and the Nxter community, we profoundly thank all of you who participated in the crowdsale that helped fund the Nxt and Ardor platforms for years yet to come. What is next is the airdrop of IGNIS tokens that will occur on January 1, 2018 – basically a second Xmas. We will elaborate more as the time nears, but for now let us revel in what we have helped build and fund.

Kristina, from Jelurida, explains:

Hello everybody! IGNIS Token sale is now officially over after three (unforgettable) months. It has been a great success and we are grateful for your contribution and the trust you have shown in the team and in the technology! Thank you!

Jelurida will keep and allocate the unsold tokens to a pool to be used to continue to raise awareness of the Nxt / Ardor platform. Later we will touch on the release of the latest testnet version of Ardor, v2.0.4.

Also read: IGNIS ICO Report 8

Ignis ICO Schedule
Dates JLRDA tokens for sale Price of 1 JLRDA in NXT
Aug 05 – Aug 12 60,000,000 0.40
Aug 26 – Sep 02 80,000,000 0.55
Sep 09 – Sep 16 100,000,000 0.76
Sep 23 – Oct 21 100,000,000 1.05
Oct 28 – Nov 04 up to 100,000,000* 1.45


Live stats from the Nxt Blockchain

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  • New Ardor Website

The ardorplatform.org redesign is almost complete. The developer appreciates community feedback on how the site can be improved. The conversations below highlight what is to come and how the community can help when the new info and functionality is added.

qbtc / Crypto Woman: I would like to ask for your help! The goal is to get the site to a “finished” state in two weeks. Please contribute constructive feedback and reasonable suggestions. I will be rewriting some of the content yet again for further simplification and business understanding while at the same time creating more technical info for the crypto-minded. I also want to develop some generic use case examples…

Source

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  • Ardor Listed on AEX.com

AEX lists ARDR and NXT as assets that can be exchanged for BTC.

Billed as the “Next-Generation Asset Exchange” we are happy to promote this new exchange (former btc38) and we wish them the best.

Source

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  • Invitations for Nxt/Ardor Slack are Open

This is the perfect opportunity for community members to participate in the Nxt slack community. Please submit your invites. We apologize for the delay it might take to process your invite as new methodologies are being implemented to prevent spammers and bots from hijacking and shitposting the conversations. Over 4000 people are already members and you could be one, if you ask, and pass the human test. This Slack is one of the premier Nxt / Ardor forums out there with direct participation from many of the founding members of Nxt, Nxter, Jelurida, Adel, Janus and more.

vanbreuk – Invitations for this slack are open again at slack.nxtplatform.org – please update your bookmarks! Our community staff will from now on quickly review new invite requests, to intercept bots and potential spammers.

The new bookmark is slack.nxtplatform.org or https://nxtplatform.org/slack , as you prefer.

(Soon we should also forward there slack.ardorplatform.org)

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  • Chinese Community – News Updates

For our Chinese readers, we have released the translated version of last weeks newsletter for you! Our tremendous thanks to all who aid us in our translating tasks.

Also, Chinese Nxter, lege, announced last week:

lege
hi guys, after lior back from China , i decide to promote ardor in China, so those days i was busy with my work, and i quit my job, register a company in China, yesterday i made a speech about ardor in the trip of Blockchian in China. so if you are in China, you can contact me , let’s do something together for ardor, and change the world. where amazing happens, ardor is here.

my wechat id : legelchain

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  • Meetup Nxters in NYC – Presenting NXT / Ardor in Building out Dapps on Codepen.com

This was a demo and intro on how to build decentralized apps using Codepen. Blockchain technologies covered, included Bitcoin, Ethereum, and Ardor/NXT. It was a great opportunity for our community to mingle and meet other dedicated developers in the blockchain space. Cool pics below.

box1413

https://www.meetup.com/codepen-nyc/events/244014591/?_cookie-check=po8Ti5KVz8R-jXTf

I’m running a new meetup dedicated to front end developers and I’ll be giving a presentation on NXT / Ardor capabilities using only html/css/js on the codepen.com platform. I’ll be presenting to a room full of developers that most likely might not have dabbled in blockchain yet. imo, this target audience is more valuable than trying to sell tokens/coins to speculators. If you can get even just a few to work on the nxt/ardor platform thats a success already.

I’m demoing simple json ajax calls to the nxt/ardor apis and showing how to:

– build a decentralized market place filtered by specific keywords.
– possibly build out some type of simple chess board game that records the piece location on a board using data cloud
– build a MIDI player fetching .midi music from the data cloud that is less than 40kb.

If anyone is willing to help out, that would be great. I need codepen.com demos that make use of the nxt/ardor apis.

Met some awesome folks from our community in the Big Apple today. Here I am with @patoshi and his lovely wife, @codehalo and @xdmcrypto
qbtc / CryptoWoman: Met some awesome folks from our community in the Big Apple today. Here I am with @patoshi and his lovely wife, @codehalo and @xdmcrypt

 

qbtc
In addition to Pats team and us there were about 20 developers. Small but very interested.

Source

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  • User @Almonte Showing Ardor’s Potential in Business

Almonte was in Spain demoing the many use-cases that Ardor and Nxt have for businesses, especially in the fintech sector. He visited a company in Lisbon, documented below, and also presented to a bank. We are excited for his success and look to continue to follow his adventures in the Spanish business world.

Almonte – Last week I came back to my projects and had a very good opportunity to show Ardor potential in a business environment. Have a look at this picture and check where nxt fits: the CoE of the company located in Lisbon was such a great experience, where we were able to seat the basis for blockchain design. I´m awaiting permission for this company to publish an article about what we did last week.

And this week I have another one, this time in Spain for one of the most important banks. Wish me luck.

I had the presentation this morning. It went really well and I had the opportunity to explain from blockchain introductions to hands-on demonstrations using Ardor/Nxt. I´ll write an article soon. The audience was the innovation department, which is very open to start working on this technology.

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  • Travin Keith – NXT For Investors #28 NXT, Ardor, and Ignis Updates 

Travin represents the Nxt Foundation and here presents to investors about the many benefits and business solutions provided by using Nxt / Ardor distributed ledger technologies. The live stream video of the presentation is below and is worth checking out, it contains a wealth of information.

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  • Crypto Woman – An Impromptu Opportunity to talk about Blockchain

The Crypto Woman had an impromptu opportunity to talk about the blockchain with over 200 eager developers at a conference in Pennsylvania last week. It went over well, demonstrating a lot of high level interest in Nxt and Ardor platforms.

She wrote:

An impromptu opportunity to talk about blockchain and the incredible tech of NXT and Ardor to a group of about 200 developers at Central PA Open Source Conference today 🙂

Source

All about NXT:

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NXT AE

  • Janus – Status Update

Janus announced that they will be selling 250K CCEX tokens to offset a major purchase on behalf of their JNSHash project. Variable rate tiers are available depending on how much you wish to purchase.

 

They wrote:

bjorn_bb
In order to offset a portion of this months purchase for Bitmain L3+ asic miners we posted some Janus for sale on the NXTAE, to give an alternate purchase option we will add 250,000 to CCEX at current going rates. If you want to get yourself into a different payout Tier this is a good chance to make the jump.

JNSHash is going to be open to Janus token holders who own 100k JNS or more and mining payouts will vary based on the 4 tiers. Further information will be coming out this month to allow people time to absorb the information.

The office has grown much since we posted this first video: https://www.youtube.com/watch?v=dn29aBQgS0Q

Within the next 7 days video part 2 will be posted showing current progress, and then followed up by the final mining rigs coming at the end of November.

Janus tokens are the only method to obtain hashpower from this mining farm. We have placed tokens for sale to allow token holders a chance to fill their wallets with the required amounts needed and posted tier structure in our slack. The more funding we get the more we expand which is why on our twitter, forums, and slack you see portions of the deliveries we make. If you want to reach an alpha level farm we appreciate all team token buyups that occur.

We realize Bitcoin is mooning but I assure you nothing goes parabolic forever, and as a long time trader you can nearly count on segwit to stop the rise on btc. We welcome all new people to our diverse project and look forward to a bright future with our current and new community members.

Join the “Janus Token” YouTube Channel

 

 

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

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  • Adel – Status Update

Blockchain incubator Adel announced that their AdelWiki project is about to go into beta testing. Also, they were one of six finalists at a conference sponsored by the Czech National Bank and they will have a large and important presence this week at the world’s largest technology conference: The Global Web Summit.

They wrote:

New Collaboration Module is here! ▲ Adel Community
Ready for take off? AdelWiki™ is imminently ready for member beta testing. Members will shortly be able to take a test drive and explore the interface and get ready for projects that will change the world! They can submit ideas for incubation, and help develop ideas from other members, The power of community and valuable insights allow for bold iterations and the continuing improvement of our processes. Become a member today with 64000 ADL, and Start Something Great! www.adelphoi.io

ADEL Ecosystem Ltd. ▲ Crowdfunding 2.0 on the Blockchain
Sometimes the best way to communicate ideas behind new technology is to make references to an existing platform. This can spark the minds of people new to the space and help facilitate adoption. In his latest blog that’s lighting up social media, community member @R0bInI0 @wolffang breaks down Adel in bite-sized pieces by relating it to Kickstarter. His down to earth explanation of evolving tech is one you’ll want to share with your family and friends.

https://medium.com/@R0bInI0/adel-ecosystem-ltd-evolution-of-kickstarter-on-the-blockchain-9e76051989da

Fintech Innovator Conference ▲ e.conomia ▲ Deloitte
Out of 140 startups reviewed by Deloitte, Adel was one of only five to get a pitch at Fintech (R)evolution. In this new video, Adel’s Co-Founder Gabriel Dusil speaks to hundreds of leaders in Fintech at the event sponsored by Czech National Bank and hosted by the Media House of Economia. During the event last week, each startup including Adel, had six minutes to pitch their company and four minutes to answer questions from the audience.

Global Web Summit ▲ Adel Community
We’re gearing up for the largest tech summit in the world. Adel will join more than 1,000 speakers, 60,000 attendees and more than 2,000 journalists from 160 countries in Lisbon next week. From startup battles, to crypto talks, Artificial Intelligence, cybersecurity panels, marketing tech and much more, the center of the tech universe unfolds in Portugal, Nov. 6-9. Visit our stand #B203 on Wednesday Nov 8th. https://websummit.com/

Follow Adel In Medium

Adel’s first incubated project will be iFin.io.

 

More info

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  • Bitswift – Status Update

There was a Blockchainers Meetup in Queens (NYC) that Bitswift attended. Their Bitswift.shop is live and is looking good.

They wrote:

It’s about time we let people know a little bit more about Bitswift and who better than the bright minds going to Queens. https://www.meetup.com/Queens_Blockchainers/events/244005403/?read=1&_af=event&_af_eid=244005403&https=on.

Back from the meetup, a bunch more people know about Ardor, Nxt, and Bitswift.. mission accomplished. Looks like there may be opportunity to speak on a panel in the near future @Queens. Should be interesting and good for spreading the word.

Bitswiftbro wrote:

she is live
she is not optimized
prices may seem weird
categories will change
not nearly even 25% of the products are posted but it works…

You will see over the next few weeks that we go through the categories and adjust the pricing to be on par with Newegg, Bestbuy, and Staples Business Depot. We are having some issues with pricing and availability being pulled in across the distributors we have hooked up, so if you see “Quote” options instead of pricing, that is why. We have pushed some updates to the shop to fix the out of stock items. Check out our VR section:  https://bitswift.shop/collections/virtual-reality. Much more products and categories coming also.

 

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  • DeBuNe Token Swap Finalized

The DeBuNe Token Swap is over, ending at the beginning of November.

Capodieci wrote:

IMPORTANT AND URGENT

Last few hours to send back the DeBuNe Assets to the issuer account, to then get them as ERC20 or as DeBuNe tokens once the DeBuNe blockchain is launched.

I saw some of you that have put them for sale, in a few hours they will be worth nothing (I will put ALL the assets from the issuer account for sale at 0.00000001 (or whatever the minimum is).

Cancel your purchase orders, cancel your sales order and send back to asset issuer BEFORE all the assets will be put on sale.
Just a few hours left!

Roberto

Hopefully, you migrated your assets in time.

 

Source

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  • Stocks.Exchange – New Dividends

Dividend payments were offered on Stocks.Exchange last week at a rate of 1.88%.

 

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DEVELOPMENT

  • Ardor – v2.0.4e Released on Testnet

Exciting news from Jelurida, the latest testnet release of Ardor is epic and has mindblowing functionality. We are so stoked about this that we wrote an exclusive report extolling the many wonderful features that the latest release provides, including complete and total asset control and multistage phased transactions – just to name a few.

Kristina Kalcheva wrote:

We are looking forward to the future and are happy to announce the release of Ardor testnet 2.0.4e with major new features added (Asset control, Composite phasing, By-Property phasing, Asset share increase) as well as new and modified APIs.

Update your testnet nodes, delete the nxt_test_db folder and start forging. Block generation will start automatically at midnight!

https://nxtforum.org/nrs-releases/ardor-v2-0-4e/
https://bitbucket.org/Jelurida/ardor/downloads/

ARDOR Implements Game-Changing Features In New TESTNET RELEASE

Major new features:

– Asset Control: Similar to Account Control which once set requires all transactions of an account to be subject to approval (i.e. to use phasing), the new Asset Control feature allows imposing such restriction to all transactions involving a given asset – such as placing bid and ask orders, transfers, share deletions, and dividend payments that use the asset as a dividend.

This feature enables, for example, a private company to issue its shares on the Ardor blockchain, yet to impose control over who can purchase or sell them, for example requiring asset transactions to be approved by its board of directors, or a shareholder voting. It also allows asset issuers to be KYC compliant, by only allowing verified accounts to transact with their assets.

– Composite Phasing: The Composite Phasing (“Smart Phasing”) is a very powerful new feature that allows approval models for conditional transactions to be defined in terms of a Boolean combination of other approval models, i.e. allows joining the current primitive approval models such as by whitelist, by asset balance, by hash, etc, using the AND, OR, and NOT operators.

This allows the new Asset Control feature to be used in combination with the Account Control feature when required, the transaction execution being made conditional on satisfying both the Asset Control and Account Control settings. It also allows for example combining the existing by hash or by transaction approval models with by whitelist, by balance, etc, approvals, which enables doing atomic coupling of transactions (including cross-blockchain) even for multisignature accounts (i.e. subject to Account Control), or with assets subject to Asset Control.

The NOT operator allows for dead-man-switch type conditions, where a transaction is executed only if some condition (e.g. revealing a secret) is not satisfied.

– By-Property phasing: The new by-property approval model allows the transaction execution to be made conditional on the sender account or the recipient account having a specific account property set. If this property is set, the transaction will be executed immediately, else, a second check whether the property is set is performed at the finish height defined.

This allows, for example, enforcing KYC by asset issuers, who can define in their Asset Control settings that only KYC-verified accounts, labeled with a predefined account property by a trusted authority (or the asset issuer itself), to perform transactions with their assets.

– Asset share increase: A new transaction type has been added, allowing the asset issuer to increase the total number of asset shares in existence. The new shares are allocated to the asset issuer account but can be then distributed to shareholders using a separate dividend payment transaction. This allows corporate actions such as capital increases or stock splits to be performed.

Modified APIs and new APIs

See changelog.

Imports from Nxt blockchain: 

– Accounts public keys
– Account balances. ARDOR chain balances are based on ARDR asset balances, and IGNIS chain balances are based on NXT balances divided by 2, plus JLRDA asset balances. Each of those has been additionally divided by 2, in order to allocate 50% of the testnet coins to developer accounts for testing purposes. BITSWIFT chain balances are based on Bitswift asset balances, plus a 10% sharedrop distributed proportionately to all IGNIS shareholders.
– Account info (name and description)
– Account properties
– Account control settings, but only for account control by whitelist with no minimum balance. Other types of account control will not be imported.
– Account aliases have been imported to the IGNIS child chain.
– Assets. Only the Janus, JanusXT, and ComJNSXT assets have been imported, with their asset ids preserved.
– Monetary system currencies have been imported to the IGNIS child chain, but only the currency code and name, in order to reserve those. It would be up to each currency issuer to re-issue the currency with the appropriate properties and re-distribute it to users.

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  • Weekly Reminder

 

Patoshi on StackExchange:

Is there a way to open up the Nxt / Ardor wallet in the browser and immediately go open up the account you want to view? The answer is yes, you can with Ardor and the link below explains how you can specify the specific chain. A bug is soon to be fixed such that a blue screen does not show if you forget to select a chain.

@riker any help with this? https://bitcoin.stackexchange.com/questions/61787/how-to-goto-a-nxt-ardor-wallet-with-a-default-address-set-in-the-url

riker
In Ardor you also need to specify the chain i.e. https://ardor.jelurida.com/index.html?account=NXT-YD9C-ZKZW-ZZLZ-BNB3W&chain=IGNIS however I will fix it so that if the chain is not specified we will choose the parent chain and not just show a Blue screen.

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NXT IN THE MEDIA

  • Lior Yaffe in Medium –  Ardor Q&A

Lior Yaffe conducted an Ardor Q&A last week covering the basics of the platform and explaining the many benefits that it aims to solve regarding common problems in the blockchain space. Excerpts of the Medium interview are below:

Discussion with potential stake holder

Q: What result are you looking for?

For the next 2 months, we want to focus on promoting both Nxt and Ardor
as platforms, to increase their visibility in the crypto community.

We also want to attract businesses to consider licensing our software (either Nxt or Ardor) for their private blockchains, to consider launching a child chain on Ardor, and also use Nxt and Ardor as platforms for conducting their own ICOs.

Q: What is the purpose of Ignis?

Ignis as a token is necessary in order for the Ardor platform to function. We distribute 50% of it for free to existing Nxt holders, in the upcoming Ardor Genesis Snapshot. The other 50% is distributed to buyers of the Ignis ICO.

Q: What do you want to communicate?

The snapshot is the last chance to acquire Ignis cheaply, by just holding Nxt at that time. It is a share drop where users get to keep their Nxt, and get 0.5 Ignis for each 1 Nxt they have.

Q: What is the value of ardor?

As a token, it allows tokens holders to participate in the proof of stake consensus algorithm which provides security for the whole platform. For this service, those who own Ardor and actively forge, are rewarded with transaction fees.

Q: What is different?

Ardor is not yet another Bitcoin clone or an Ethereum asset. It is a standalone platform with a unique architecture, based on the solid and time tested Nxt code. Proof of stake, multi-chain, scalable, implemented in Java.

Source

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  • Money 20/20 – Blockchain Usage at a Tipping Point

Article about the growing usage of private permissioned blockchains and how Microsoft and Jelurida are investing heavily in enterprise-grade solutions.

Public permissioned blockchains are not scalable for enterprises. However, private permissioned blockchains allows for innovations in scalability and many companies are investing in this, including Microsoft and Jelurida.

A permissioned blockchain restricts the actors who can contribute to the consensus of the system. A permissionless blockchain is the opposite of this.

Source

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  • Cryptopost – Ardor Should Surprise Investors Very Soon

We do not offer investment advice, but Cryptopost speaks very highly of Ardor and believes that the price will skyrocket.

The nearest upside target is at $4 which is a psychological resistance, but overall $0.46 is expected to be reached in the short to medium term. If this resistance at 161.8% Fibonacci will be broken then the trend will indeed prove to be a long term.

Keep in mind that break below the $0.15 support area will invalidate this bullish forecast.

Source

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PRICE EVOLUTION

  • Cryptogirl – My Thoughts on NXTUSD

 

  • Weekly NXT/ARDR Price Evolution

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

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

Live stats from the Nxt Blockchain Asset Exchange:

 

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And that is all for this week, Nxters. Make sure you have more of your favorite warm beverage available as you stay tuned next week for more coverage of the new year launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We explain in much more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to the platforms and the momentous ICO.

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

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

Nxt News – October 2017 (V): Do Not Go Where The Path May Lead, Go Where There Is No Path And Leave A Trail

October 2017 (V)

Welcome again, fellow Nxters! Halloween is almost upon us and that means an excuse to dress in provocative costumes, drink lots of alcohol, and consume massive amounts of children’s candy! The end of October brings us another week in the very interesting and constantly busy world of the blockchain. The final round of the IGNIS ICO began Oct. 28, Ardor joins more exchanges, Meetups and more!

As always, welcome to the comprehensive coverage of blockchain concerning all things Nxt / Ardor / Ignis. We endeavor to enlighten and inform all of our readers, from the gentlest of old grandmothers to the most hardcore and extreme members of our community. Put on your provocative costume, grab a nice beverage and follow the melodious sound of our voice as we guide you through the week that was.

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • IGNIS ICO

The final round of the IGNIS ICO has started. At a rate of 1 JLRDA : 1.45 NXT, this is the last opportunity for anyone to participate in the ICO and get JLRDA (IGNIS tokens) while supporting Jelurida. There are around 160 M tokens available for sale. Participate by using the NRS client. Remember, JLRDA tokens are non-transferable until they mature into IGNIS tokens during at the Ardor Genesis snapshot, which is on track to occur this Christmas. Over 260 M JLRDA tokens are sold! Up to 160 M is left in the ultimate round for sale. The final round runs from Oct. 28 to Nov. 04.

 

 

Ignis ICO Schedule
Dates JLRDA tokens for sale Price of 1 JLRDA in NXT
Aug 05 – Aug 12 60,000,000 0.40
Aug 26 – Sep 02 80,000,000 0.55
Sep 09 – Sep 16 100,000,000 0.76
Sep 23 – Oct 21 100,000,000 1.05
Oct 28 – Nov 04 up to 100,000,000* 1.45

* If any batch is not sold completely at the end of the designated time frame, the remaining unsold JLRDA tokens will be added to the next batch. The last round will be reduced by up to 20M JLRDA tokens allocated by Jelurida for promotional and marketing use.

Source



Live stats from the Nxt Blockchain

Ignis ICO Whitepaper

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  • NXT GIVEAWAY

Say what? Free stuff?! Do you like free stuff? That, of course, is a rhetorical question. Jelurida is giving away free NXT to new users if they follow the posted guidelines below. Sorry old users, we will offer you the ability to win free stuff in the near future. Tweet out your love and your account address at #ILove$NXT! to enter to win free NXT.

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  • Jelurida – New Jobs Posted

Thanks to the wonderful interest in the IGNIS ICO, Jelurida, the parent company, has sufficient funding for at least the next three years to actively develop and maintain the Nxt blockchain as well as Ardor. As such they now begin the second part of the process – hiring talented people!  Opportunities are listed below. Do you think you have what it takes to work for Jelurida and shape our future? Our advice if you think the answer is yes is to not show up to the interview in your Halloween costume.

Source

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  • Forging vs Bundling

With brave new worlds like Ardor come brave new terms. Longtime Nxters are familiar with Forging, the approximation of mining to which the process of creating new blocks in the blockchain is undertaken. What is new, and unique to Ardor, is the concept of Bundling. Bundlers will bundle child chain transactions into Child Blocks and send them to ARDR forgers on the Ardor main chain.

Here, Jelurida explains the distinction between these two keystone concepts of the Nxt / Ardor ecosystem so as to dispel any confusion that you might have:

Source

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  • Ardor.World Updated: Nxt Asset Reporting!

The Telegram bot, Ardor.World, that allows you to check current prices of Nxt / Ardor assets now has new functionality: Nxt Asset Reporting. If you are not already using this cool tool, you are missing out. Check it in the link below.

Source

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  • NXT and ARDR Listed on the Korean Exchange: Upbit

The blockchain space continues to explode. Last week the Korean Exchange, Upbit, listed NXT and ARDR as tradeable assets listed on their Korean based exchange. Working in cooperation with Bittrex, Upbit is another stable virtual currency exchange that allows for all interested parties to participate in the frontier of cryptocurrency.

“Upbit supports stable virtual currency trading with exclusive co-operation with Bittrex, a global exchange that supports approximately 200 coins of transactions and wallets .”

Source

More info

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  • Q&A: The Ardor and Nxt Group (ANG)

So you are confused about the hierarchy of the complicated web of relationships between the Nxt Foundation and Jelurida and now the Ardor and Nxt Group (ANG). No worries, sip that pumpkin spice latte and lean back and read the following conversation between Travin and members of the community. Common questions regarding consultancy repeatedly were asked so they are presented to you below.

Travin responds to the following questions:

wolffang:
Hi travin what is ANG different than what Jelurida is doing now and wants to do in nearby future? Talking about consultancy, attending events, meetups with communities around the world.

Wont Jelurida hire people like community managers for example in the nearby feature thanks to ico funds?

Travin:
1) ANG will not do consultancy.
2) Attending events will be primarily for Jelurida to handle. ANG allows community members to easily sign up to be on-hand assistance for Jelurida. Jelurida cannot hire regular employees all around the world just for events that only happen occasionally.
3) Meetups are commonly handled at a community-level.
4) Jelurida can hire a community manager. That’s not the job of ANG. The job of ANG is to provide a way for people to be more involved if they want to, while being rewarded appropriately, such as promoting their tech or getting additional training for free, such as with the Speakers Corner.

Goodwill:
Can we utilize the group to perform following:

1) Weekly update on Reddit, Bitcointalk, and YouTube channel (not much updates on NXT Foundation)
2) Interview with the founders and the developer team. Let’s put their face in public, should they want to, to gain people’s confidence and trust
3) A campaign to make Ignis more known — which will drive the sales
4) Ask people what they want and maybe adopt the hot topic, such as privacy, database, dVPN, decentralized exchange, AI bot to predict market trend based on key words on social media and technical analysis on charts, etc

(…)

When I type Ardor in YouTube, hardly anything comes up. I understand the goal is to focus on developent, but shouldn’t we also focus on getting the product know to mass market? This will only further fuel the fund the team need to continue with developent.

Travin
Before I get started, Marketing is not one of the roles that ANG will provide. This will need to be done by Jelurida, though the community will be able to participate in those Marketing activities. ANG is more of an initiative for allowing community members to get more involved in an easier way. Some of its activities, however, can be counted as marketing efforts, such as the Speakers Corner. However, Marketing strategy development and its execution will not be done by ANG.

Quote 1 -Weekly update on Reddit, Bitcointalk, and YouTube channel (not much updates on NXT Foundation)

ANG is the update from the Nxt Foundation. The weekly updates on Reddit are posted by me from the Nxter Magazine weekly newsletters. Anyone can do this though. At the start, I took this role, but really anyone can do it and some others have done it in the past. These days I only do it if no one else has yet, but I don’t have much time. I do post regular updates on to Twitter though.

Quote 2) Interview with the founders and the developer team. Let’s put their face in public, should they want to, to gain people’s confidence and trust

Perhaps Nxter Magazine can do this. Jelurida has also done interviews outside of Nxter. Lior (Riker) especially. I think their faces are quite public. I met them again in Barcelona at an event and all members of Jelurida was there. Lior also presented on stage and we all had a meetup on the Friday after the event. They’re starting to get more public by attending more events as well, so it’s looking good on this end.

Quote 3) A campaign to make Ignis more known — which will drive the sales
Quote 4) Ask people what they want and maybe adopt the hot topic, such as privacy, database, dVPN, decentralized exchange, AI bot to predict market trend based on key words on social media and technical analysis on charts, etc

See first paragraph for the answer to this. Also, activities by the Nxt Foundation were never targeted to increase buying forces in the market. They were always for adoption of the technology.

Regarding #4, these things can be developed by 3rd parties. For privacy, there’s the shuffling feature and the decentralized exchange already exists. The AI bot should definitely be done by a 3rd party and not Jelurida.

When I type Ardor in YouTube, hardly anything comes up. I understand the goal is to focus on development, but shouldn’t we also focus on getting the product know to mass market? This will only further fuel the fund the team need to continue with developent.

NXTer is providing some insight, but can we also explore on additional platform?

Nxter is actually working on some videos for Ardor and Nxt. Other community members have expressed the desire to work on some other videos as well.

To clarify:
ANG is an initiative by the Nxt Foundation, not by Jelurida. It also doesn’t deal with Marketing, though some of its activities may aid Jelurida in their marketing efforts. ANG is also not involved in the Ignis ICO. All funds from the ICO will go to Jelurida. However, Jelurida may donate funds to support ANG. If they do so, it will be publicly disclosed as was when they became a Supporter of the Nxt Foundation.

Source

fz1128, editor of the Chinese Nxter.org covered the ANG news btc38’s blog

 

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  • Nxt Community Attends BlockBali Meetup

User san2ok, member of the Frasindo team, which has an ICO currently in progress, as we mentioned in a previous newsletter, attended the BlockBali Meetup last week. These sweet photos document their continued existence and we wish them luck with their ICO.

 

  • Riker Attends – Blockchain: The Future of Everything?

Last week at the Herzliya Meetup Riker spoke before a packed room full of hundreds of eager participants, with thousands more on the waiting list. We fervently believe that Ardor is going to be an integral part of the blockchain space in the coming future.

The photos below document the successful Meetup:

Back from the blockchain meetup. 450 people showed up. There were another 2000 on waiting list.

I joined one of the panels together with founders of bancor and stox. Managed to mention ardor a few times.

@riker KILLING IT at the Herzliya meetup

riker:  “To my left is Motti. To my right Eyal from Bancor then Adam from Zen protocol Moshe Hogeg from stox and a lawyer”

Source

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  • Travin Keith will Attend Tokyo Blockchain & Cryptocurrency Conference

Blockchain Labo is proud to announce that they will be hosting a conference in Tokyo on Nov. 11 that our very own Travin Keith will be attending. Check out the details below and attend if you can.

 

Source

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All about NXT:

 

NXT AE

  • Janus – Status Update

The Janus team is working on creating their first business-oriented revenue stream models. Their accounts of their efforts are below.

They wrote:

Hi Janus community

Our team has made some great progress on _Scraper site_ functionality over the past few days. Some final tweaks and styling changes are being completed to ensure that our first mainstream site is perfect.

It should be noted, this business site will launch primarily to mainstream users and there will be a crypto aspect Bjorn and I are developing, but it will come after some educational drives to get those who have no idea what blockchain is, aquainted.

ascendus
There are many ways to monetize this site such as : *Sell Ad Space* – *BuySellAds* | *Advertisespace* ( _Google Adsense_ , _Outbrain_, _Bingads_) ; *Paid Memberships* ; and others monetization strategies that for now we can not reveal.

JNSHash

bjorn_bb: we have an opportunity to acquire 15 more antminer L3 and will post some JNS tokens to cover a portion of the cost if you need or want more. The deal is not set in stone but if we get the green light then the tokens will go up probably within a week. Thanks all.

ascendus: anyone who fill the min requirements ( min 100k JNS ) will [get mining rewards from the JNSHash mining farm and] be able to choose a currency of their choice from a given list offered. Full details will be publicly released next month.

Join the “Janus Token” YouTube Channel

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

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  • Adel – Status Update

Adel announced that they will be present at the Warsaw Summit Cryptocurrency World Expo in Poland on December 1st and 2nd.

 

Cryptocurrency World Expo ▲ Warsaw Summit
It is one of the largest blockchain events of the year – 1,400 of the biggest names in cryptocurrency will meet in Poland – and Adel has been invited to speak. The biggest exchanges, payment providers, leaders in fintech, miners, traders, ICO participants and crypto-maniacs will be eager to discuss trends and new opportunities for innovation at this year’s summit on December 1st & 2nd.

Home

 

Fintech Innovator Conference ▲ e.conomia ▲ Deloitte
Networking and building partnerships is key to the success of $ADL and the community. Continuing its speaking lineup, Adel is one of only five startups to speak at Fintech (r)evolution, an innovator conference hosted by the Media House of Economia and sponsored by Czech National Bank. The event will be held Oct. 25 in Prague. Adel will take the stage at 15:00. http://www.cashlessfuture.cz/

Read the latest great Adel article:

ADEL Ecosystem Ltd. — Evolution of Kickstarters using Blockchain

Follow Adel In Medium

Adel’s first incubated project will be iFin.io.

 

More info

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  • Bitswift – Status Update

Bitswift announced that they will have to go to court to settle a trademark dispute with the “SWIFT” group. The dispute is over usage of the “Bitswift” trademark and a resolution was not found in arbitration.

 

Bitswiftbro wrote:

Dear Bitswift Community,

It looks like we will be defending our Trademark application on “Bitswift” in court from the opposition the banking society (SWIFT). There was a long drawn out negotiation process, we won’t bore you, here is the TLDR version: The society was willing to allow us to keep our “Bitswift” TM providing we added the limitation that “our tokens would not be used between financial institutions and their corporate customers”.

This sounds all fine and dandy at first, great actually! we never wanted financial institutions using our tokens, Bitswift tokens are to be used between people directly and between businesses directly without the need for a central person, that is the whole point. We were about to sign saying we would agree to the limitation, but then a question appeared. What if the society launches their own token? and what if it starts trading with ours? are we now considered “between them and their corporate customers”. Naturally curious, and above all wanting to make sure our requirements were covered, our lawyers wrote them back and asked this question, to which they replied basically “yes then you would be infringing”. This did not sit well with us, it would mean at any point in the future and when the opposition launched any token of their own, connected to blockchain ecosystems, that our Bitswift tokens could now be considered between them and their corporate customers and as such we would be infringing. Agreeing to this would mean that we would have to ensure that our tokens were only ever exchanged between a certain subset of users, which would defeat their whole purpose of free exchange between anyone, anywhere, anytime and without the need for a central dictator.

To that end we could not settle on an agreement that worked for us. We will not be agreeing to modify our TM in such a way that would undermine their usefulness or impact us negatively in the future. We will seek a Bitswift TM and use case WITHOUT limitations as clearly we are Bitswift not some banking society, and clearly we are not doing anything inter banking whatsoever. No one calling our companies is looking for anything to do with banks or financial institutions and our ™ on “Digital tokens” has nothing to do with inter-banking or societies related to them. To our knowledge we have had a public and usable blockchian token products before any financial institutions were even considering the legitimacy of blockchain based markets.

What happens now? On our side, nothing. We will continue on our mission to develop the Bitswift ecosystem. Our companies will fund the expenses related to preserving the Bitswift brand so that they may continue to operate well into the future, enriching lives through technology as intended.

Everything for a reason and everything with time.

Also Bitswift was mentioned this week in the following article: https://cryptostec.com/what-is-bitswift

 

Source

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  • DeBuNe – Last Days of ERC20 Token Swap

October 31st is the last day to swap your NXT assets for ERC20 tokens.

 

Source

 

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – WEF: Ardor is a leading “Digital Asset”

Look at how Ardor is the leading digital asset!

 

Source

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  • Lior Yaffe in Medium –  Enough is Enough: Everyone Wants a Ride on the Success of PoS

It is one thing to build on top of our platform and make it better, this is encouraged. As long as you acknowledge that you are building on top of our platform. It is another thing if you steal our codebase and claim that your product is better while giving us no credit for our work.

Riker wrote:

Suddenly everyone piggybacks on the POS trend. It started with Ethereum and their unnecessarily complex, Casper vaporware, which they promote everywhere as the next big thing, even though they are very far from implementing it and perhaps never will.

Cardano with some outrageous claims that they later deleted, then blackcoin with some bold and incorrect claims that cointelegraph had to correct and now Waves presents their Leased Proof of Stake a 1:1 copy of the NXT implementation as their own novelty.

Enough is enough, we were here first. NXT is the first pure POS coin and rest are copycats.

Also see my previous articles NXT Proof of Stake Theory vs Practice and POS vs POW revisited

 

Reaction, karlkarlsson, Waves Team – Good to see you guys discussing the topic. As I just tweeted to Lior, this quote is in no way made by Waves respectively our marketing team. We have always stated that we’re using the Nxt PoS algorithm as it’s the most proven algo out there. We’ve also never hid that our core team is coming from Nxt and that Waves tries to ‘fix’ some aspects we were not content with.

Source

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  • Russia’s NSD Work: Proxy Voting Solution Using the NXT Blockchain

Report about how the Russian Federal government use the NXT Blockchain to provide security and veracity to its voting system.

 

The NSD’s work with blockchain-based securities is among the most advanced revealed to the public so far. Since beginning its exploration of blockchain over a year ago, the NSD has published the results of an early test for a proxy voting solution using the NXT blockchain and – as revealed for the first time on stage – has sold a $10 million bond by Russian telecom MegaFon using the open-source Hyperledger Fabric platform.

Source

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  • Geektime.co Quotes Riker

Article about blockchain technology going mainstream quotes from an interview conducted with Riker.

riker –  My quote on geektime https://www.geektime.co.il/geektime-blockchain-event/ towards the end, in answer to

Q: “when would blockchain become mainstream?”
A: “When we vote on the general elections using our smart phones.”

Source

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  • Briandcolwell – Ardor & Child Chains: A Blockchain 2.0 Innovation, But Is This A Coin We Really Need?

Article by cryptoenthusiast about Ardor and its child chain technology.

He wrote:

Ardor is more than just about money: It’s about making a blockchain platform that is open to everyone, from single users all the way up to FinTech startups and governments, and one where anyone can create their own child chain and interact with the whole blockchain ecosystem. That means anyone, anywhere, will be able to utilize blockchain services with relative ease.

Source

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PRICE EVOLUTION

  • TradingView – Ardor – Last Stand

The correction came down to the 88% fib. Retracement level and is no moving inside a triangle, currently sitting at the support line. The daily chart shows an oversold RSI heading upwards and a slightly dropping MACD indicator. The volume decreased, which might be a sign for tired bears. The 4h chart shows that the market closed below the Bollinger Bands, even the last dip closed below it. MACD is showing bearish downwards, RSI is oversold. The big question is if the support holds and the bulls are coming back to push the market. A good signal would be a closing inside the Bollinger Bands and crossing MACD. If the support breaks, next support is around 3000 and then 2700. If we are staying above the trendline, the retest of the downtrend channel is likely at around 3400.

Source

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  • TradingView – ARDR Trading Idea

If we look at the daily chart of Ardor, we can see that the market is at the support zone . Price bounced from 0.000030 support level and diverged with RSI . We have a reversal signal based on a bullish divergence . We can open long trades above 0.000029 level with stop orders below 0.000027 support level .

Source

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  • TradingView – ARDR Analysis

Source

 

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  • Hacked.com – NXT Trade Recommendation

Bullish divergence gives a trend reversal signal. We should be ready to see a new upward movement. RSI confirms price reversal from 0.0000100 support level. MACD histogram supports upward movement. DMI allows to open long trades. We should buy based on a breakout above the local swing high. It will gives us an additional confirmation that the market is going to move upward. Pending orders for buy should be placed at 0.0000120 level with stop orders at 0.0000094 level. Profit targets are 0.0000160 and 0.0000200 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

Live stats from the Nxt Blockchain Asset Exchange:

 

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Yes, that is all for this week, Nxters. Make sure you have more of your favorite warm beverage available as you stay tuned next week for more up-to-date coverage on the final and ultimate round of the IGNIS ICO, the new year launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We explain in much more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to the platforms and the 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!

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

Nxt News – October 2017 (IV): At least once a day, allow yourself the freedom to think and dream for yourself.

October 2017 (IV)

Welcome again, fellow Nxters! Halloween is almost here and autumn is well underway so grab your favorite warm beverage and catch up on the news from the last week of October. The Nxt Foundation is proud to introduce the ANG, the final round of the IGNIS ICO will begin this week, (sad) news from MyNxt, the announcement of an Android full node client and much more awaits down below.

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

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • Introducing The Ardor and Nxt Group (ANG)

This week the Nxt Foundation announced the launch of the Ardor and Nxt Foundation (ANG) with the mission statement of

“To provide the users, project owners, and businesses around the Nxt and Ardor ecosystem with a better environment to collaborate, communicate, and utilize Nxt and Ardor blockchain technology and be more active while maximizing the benefits gained by the community.”

The Nxt Foundation was originally created to be a point-of-contact for businesses interested in using the technology, which Jelurida will now become as they themselves are the developers. However, the Nxt Foundation has expanded its role in the past few years, including but not limited to, providing and supporting community tools, such as Nxtforum, the Nxt and Ardor subreddits, and multiple others, in addition to helping users directly as well as working on expanding the community itself.

Travin Keith writes:

With the decline in the role of speaking with interested parties on behalf of Jelurida, we believe that the shift to focusing on the community is a natural progression. To reflect these recent changes, the Nxt Foundation launched the ANG, which will be an initiative to provide the community with a better environment, such as organizing meetups around the world, as well as to provide a better ecosystem for the projects that use Nxt and Ardor blockchain technology.

We @ Nxter.org welcome the initiative and look forward to working with the ANG.

Source

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  • IGNIS ICO

The penultimate round of the IGNIS ICO is over. Next week the ultimate round will be for sale with up to 160,000,000 JLRDA* available for purchase at a rate of 1.45 NXT : 1 JLRDA. It is not too late to support Jelurida and their efforts. Remember, the more money that is raised in this ICO the more time and resources Jelurida will devote towards supporting and developing Nxt, Ignis and the Ardor platform.

With the announcement that the Ardor mainnet will launch on Jan. 1, the JLRDA tokens will instantly revert to IGNIS tokens at this moment and will be freely fungible. Also, users holding NXT at the time of the Nxt blockchain snapshot will get 0,5 IGNIS per 1 NXT they hold in their account. The Snapshot will be taken on the 25th December 2017.

 

Ignis ICO Schedule
Dates JLRDA tokens for sale Price of 1 JLRDA in NXT
Aug 05 – Aug 12 60,000,000 0.40
Aug 26 – Sep 02 80,000,000 0.55
Sep 09 – Sep 16 100,000,000 0.76
Sep 23 – Oct 21 100,000,000 1.05
Oct 28 – Nov 04 up to 100,000,000* 1.45

* If any batch is not sold completely at the end of the designated time frame, the remaining unsold JLRDA tokens will be added to the next batch. The last round will be reduced by up to 20M JLRDA tokens allocated by Jelurida for promotional and marketing use.

Source



Live stats from the Nxt Blockchain

Ignis ICO Whitepaper

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  • BuyArdor.info – A Step-by-step guide on how to buy and store Ardor (ARDR)

For the uninitiated, of for the forgetful, this is a handy guide for the setup of the Nxt Client, of which ARDR is currently an asset. Easy to follow for the technologically inept. Once the wallet is set up, enjoy freely trading ARDR tokens.

Source

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  • Ardor vs. the Competition, Pt. 5: Stratis

A sixth article in the “Ardor vs. the Competition” series was published last week. This installment covers Stratis, a new going-to-be Blockchain-as-a-Service (BaaS) platform based on the Bitcoin protocol.

Segfaultsteve writes about the benefits of Ardor versus other competing blockchain solutions, that are explored in great depth. His first post highlighted the technological supremacy Ardor has over Plasma, the next installment talked about the LISK blockchain and the functionality provided by it, the third compared Ardor against NEM/Mijin/Catapult. The fourth covered IOTA and the debacle with the code base, and 2 weeks ago his post covered Waves, the Nxt-like decentralized exchange (DEX).

Links to previous articles:

Source

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  • Meetup CodePen, New York

CodePen has announced their first Meetup in New York, and the Nxt Foundation is sponsoring community member Patoshi to promote the use of the Nxt and Ardor technologies. For our readers around NYC this is an excellent opportunity to meet other members of the community as well as learn more about Ardor and Nxt. Don’t forget to bring a dev friend.

Patoshi wrote:

patoshi
thanks @travin and nxt foundation to help sponsor our first event here in nyc. I’ll be presenting an ardor session using it to make something with codepen to a room full of devs. — https://www.meetup.com/codepen-nyc/sponsors/

Source

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  • 3rd-Party MyNXT.info Wallet will Shutdown by the End of 2017

MyNxt wallet users, be prepared to migrate your account or move your tokens. MyNxt announced last week the closure of their web wallet because of no clear path to monetization and massive usage of the Nxt light client feature and the Jelurida public node. Users have until the end of 2017 to export their passphrase or their holdings. Accounts will function normally until the end of November 2017.

In their words:

*IMPORTANT ANNOUNCEMENT FROM MYNXT WALLET*
https://wallet.mynxt.info

Due to the wide usage of the Nxt light client feature and the Jelurida public node, the lack of manpower for development and support, and no clear path to profitability, MyNxt is closing new user registrations and will phase out the MyNxt web wallet feature by the end of 2017.

New users can download the Nxt Client or use the Jelurida public Nxt node instead.

Existing users will be able to operate the MyNxt wallet normally until the end of November and will be able to export their Nxt accounts until the end of 2017. For instructions about how to continue using your Nxt accounts outside of the MyNxt wallet, check our FAQ page: https://wallet.mynxt.info/faq.php

Thank you all for your support! We hope to continue to see you as both Nxt and Ardor move forward!

Source

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  • The NXT, Ignis and Ardor timeline in Chinese

Jelurida’s timeline has been translated into Chinese and shared on btc38.

Source

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  • Riker Interview with Labo Blockchain from Japan

A Japanese language interview of Riker, Lior Yaffe, from Labo Blockchain in Japan.

Source

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NXT AE

  • Janus – Status Update

An update from our friends Janus on their new JNSHash Mining project. According to current projections, they will have a more than decent farm up and running by November! Good job guys, we are excited to see this project and we raise our warm beverages to you!

Bjorn wrote:

We will be constructing the last Nvidia rig we can squeeze in before BTC gold, this is of course a highly speculative coin, I personally feel it’s unlikely to be unprofitable but it could go either way, high risk/reward as all crypto usually is.

One thing I should mention, although the past isnt a perfect indicator, often a large BTC dominance eventually pours back into altcoins it may seem rough at first but this could also translate into a second 12 month mining boom cycle.

If this occurs then JNSHash could perform very unexpectedly well.

As our team is also in this good times and bad, let’s cross our fingers we make the right choices in terms of highest output and I maybe get to keep some of my hair in the process some speculative coins could go high, it’s not impossible, if not we can remain steady on the tried and true ones either way.

Ok that is all, again enjoy your time with your families, stay well.


Another shipment of 1080 Ti’s arrived, just in time to add hashpower for BTC gold!

Join the “Janus Token” YouTube Channel

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

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  • Adel – Status Update

Last week Adel announced that their collaborative AdelWiki platform is almost ready to launch. Adel was also present at several blockchain conferences across Europe.

They wrote:

Adel’s Collaboration Module ▲ Coming Soon
The AdelWiki™ collaborative platform is almost ready for launch. It will allow members to submit ideas and collaborate with a slack and WiKi interface. We’re putting the finishing touches on this module.

 

Wrap-up ▲ Smile Expo’s ICO Event
Adel co-founder Gabriel Dusil spoke about blockchain innovation in front of an audience of 200 a major European conference dedicated to ICO investments last week. The Smile Expo event in London focused on ICOs and drew a diverse crowd of investors, government officials, banking and fintech executives and hundreds of journalists.

https://icoeventuk.com/en

Deloitte Innovation Event ▲ Adel Seminar
Continuing rounds of speaking engagements to get the word out about Adel, Dusil presented Blockchain market opportunities to over 30 Deloitte executives in Prague. He was invited as the keynote speaker of the event to introduce Deloitte’s future leaders to the world of cryptocurrencies. The event was recorded, and will be posted shortly.

Adel’s NEW Homepage ▲ adel.io Coming Soon
In anticipation of the wiki collaboration module release and huge coming announcements, Adel is completely overhauling its homepage and refreshing content, multimedia, listings and more. As we prepare for an exciting next few months with a lot of press coverage, the new site will reflect the hard work that’s been going on behind the scenes and set the stage for Adel 2.0 – look out for the release by the end of this month.

You are the rock and foundation of this community and we extend our deepest gratitude for your contributions and support. If you have a few minutes, please kindly share your favorite Adel news from today on your social networks – we look forward to connecting again soon!

Read the latest great Adel article:

Adelphoi: “I am more than just a trader’s coin” — Adel Ecosystem Ltd.

Follow Adel In Medium

Adel’s first incubated project will be iFin.io.

 

More info

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  • SuperNet Asset Migration From Nxt AE 

Last week SuperNet announced they will be migrating from the Nxt AE to Komodo. The asset transfer swaps will be open until March 1st 2018. The Nxt community originally supported c-developer jl777 and SuperNET with 5% of the entire NXT marketcap.

Vanbreuk wrote:

jl777 has published today this update and asked me to manage the communication with the Nxt community.

I will take care of the user support in the Nxt side, so for any doubts about how to send the assets please ask in this topic. However, here’s the available information in clear bullet points:

 How to send your assets for migration?

Send your assets to NXT-MRBN-8DFH-PFMK-A4DBM, the official SuperNET account in Nxt, adding to the asset transfer a permanent message (make sure you check the “Message is Never Deleted” option under the message box in the Nxt Client) with the destination Komodo address where you want your tokens to be delivered when the swaps are processed. To obtain a Komodo address if you don’t have one, check the Komodoplatform website for upcoming new download links for the Agama wallet. Advanced users can try the Komodod client repository.

IMPORTANT: If you have any doubts or support requests for the Agama wallet or Komodo in general, please go to the SuperNET Slack and ask in the #agama or #komodo channels. This NxtForum topic is ONLY to provide user support for sending the Nxt assets to swap correctly.

The transfer of the new tokens to Komodo addresses will start to be processed by jl777 in December, and the swap process will be open until March 1st, 2018. For other announcement details, please check the quote in the top of this post. If you have any doubts, please ask and I will contact jl777 if necessary.

Source

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – Ardor Full Node on Android

Hallelujah, an Android full node has been tested successfully for Ardor. With Android 8 (Oreo) you can run a full Nxt or Ardor node on any device that runs Android, which will be most of our electronics and appliances, and maybe even our future robot overlords. Either way, this is great news for the entire ecosystem.

Lior wrote:

Now with Android Studio 3.0 getting closer to a stable release with full Java 8 support, the Jelurida developers decided to give it a try and it works quite well. Naturally there are some limitations, the main one being that your device has to Support Android 8 (Oreo) which is currently only supported by few brand new devices. Also the JavaFX desktop wallet is not supported on Android but this is not a major concern since we can merge the existing Apache Cordova wallet app with the full node to provide a visual wallet.

Being able to run a full blockchain node on Android may not seem like high priority at the moment, but in few years when Android is integrated into virtually every device, and data connection is nearly unlimited, every car, TV and refrigerator will be able to run Ardor and NXT full nodes and you’ll be able to always carry your full node with you in your pocket.

Source

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  • Catalist.co Interviewed Riker in “Even an Unknown Programmer from Hadera can Raise Millions Without any Supervision”

Calcalist, one of the biggest financial news sites in Israel, interviewed Riker last week. The humor-filled article is, as of publishing, only available in Hebrew, but should soon be translated into English and other languages. The article wanted to interview a widely regarded blockchain expert, Lior, after the Israeli programmer raised millions in an ICO.

Quotes from Riker:

Calcalist is a very popular web site in Israel, one of the 3 most popular financial sites, and linked to the most popular news site (ynet.co.il)

I will translate it later unless someone do it first, it’s written with a lot of humor.

The title reads “Even an unknown programmer from Hadera (my home town) can raise millions without any supervision”

Then “Lior Yaffe a Java programmer without business experience raised already 7-8 million euro during the ICO of the Ignis coin, and its not over yet. ‘Anyone who is telling some nonsense story on blockchain raises 100’s millions dollars. We have real technology’ he says.”

Source

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  • Medium – Long-term and Passionless? Get back to the Moon and Beyond, Ignite that Passion!

Blockchain enthusiast, R0bInI0, wrote a passionate piece on Ardor. He describes the revolutionary nature of the platform and the problems that are solved by it, such as the infamous blockchain bloat problem.

Ardor (ARDR) is a blockchain-as-a-service platform, like Stratis and Ark are but completely different.

Ardor is the first that has solved the blockchain bloat and scaling issues that every blockchain and blockchain platform like Ethereum and Bitcoin faces out there today.

Source

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  • CryptoCoin Daddy – NXT to be used as ICO Platform: NXT Coin Future

Post documenting the recently released timeline from Jelurida in regards to NXT and the plan to develop Nxt as a simple and secure crowdfunding solution for new ICOs in Q1 2018.

NXT coin future

Source

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PRICE EVOLUTION

  • TradingView – ARDR Breakout on Volume Within the Week to 6k Area

34 0 3 Flag pattern appears to be converging near the $BTC.X hardfork. Expect 3 areas of resistance, 5000, 6000 and 7000 satoshis.

Source

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  • TradingView – ARDR Moon Mission

 

If it can go above the cloud, the sky is the limit.

Source

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  • TradingView – ARDR Rectangles

Currently in a higher rectangle – the potential attempt at a higher base – bulls could be looking to exhaust sellers either through attrition or price movement one way or the other. Would not be surprised to see a break below the rectangle or at least another move down to yellow major support before a move higher. Resistance is almost futile at this point, but it is cute to watch.

Source

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  • TradingView – ARDR-BTC – Where Now?

46 0 2 While indicators are bearish and sell volume is increasing, there is a cluster of supports around the current price action. Key levels highlighted using trend lines and moving averages.

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

Live stats from the Nxt Blockchain Asset Exchange:

 

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Yes, that is all for this week, Nxters. Make sure you have more of your favorite warm beverage available as you stay tuned next week for more up-to-date coverage on the final and ultimate round of the IGNIS ICO, the new year launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We explain in much more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to the platforms and the 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!

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

Nxt News – October 2017 (III): If you Really Love Something Just go out and do It

October 2017 (III)

Welcome again, fellow Nxters! Fall is now here and we have the major news of last week. The IGNIS ICO continues with the Fourth Round, Riker visits Barcelona, Ardor release timeline, salacious lies and much more! You are in the right place for comprehensive coverage of all things Nxt / Ardor / Ignis.

Whether you are a long time reader or a new one, we here at Nxter have news for you. All the highlights of the last week in the exploding blockchain space are covered here. We aim to keep you informed and up-to-date, dear readers. Lean back and absorb all of our hard work as we present you the news of last week.

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

 

  • Ardor Release Timeline 

Finally, some news to write about regarding the Ardor release timeline. A detailed release timeline was released. The short version of the story is that Ardor will get two more testnet upgrades in anticipation of the New Year. Yes, that is right, The Ardor Genesis Block will be forged at 00:00 on Jan 01, 2018. The Snapshot will be taken on 25th December.

Ardor Roadmap

  • Oct 28 – Nov 04
    • 5th and last ICO round, 100 M JLRDA plus all unsold JLRDA from the 4th round and minus marketing expenses are put for sale at 1.45 NXT each as announced
    • Any remaining unsold JLRDA tokens will be kept by Jelurida until the Ardor snapshot and the resulting IGNIS tokens will be used to fund future development and promotion
  • Nov 04
    • Ardor testnet 2.0.4e release
    • Starting from a new genesis block and deleting the current testnet
    • Adding major new features: Asset Control and Composite Phasing
  • Nov 24
    • Final Ardor testnet release
    • Source code is released for review under temporary license, no cloning allowed
    • Node JS module and Mobile App operational
    • Only security and critical bug fixes after this date
    • No further API changes
    • Four years anniversary for Nxt celebration
  • NXT Block Height 1630000 – Approximately Dec 25
    • Ardor genesis snapshot recorded at block 1630000
    • Transactions with ARDR, Bitswift, and Janus assets disabled on the Nxt blockchain

  • Dec 27
    • Ardor generally available software release
    • Source code released under the JPL
    • Forging not yet possible to give time for users to setup nodes, and perform final verification of snapshot balances
  • Jan 01, 2018, 00:00:00
    • Ardor genesis block timestamp reached
    • Forging starts automatically
    • Ardor blockchain becomes fully operational
  • 2018
    • Continue development according to roadmap

Nxt roadmap

  • Dec 24-25
    • Hardfork, freeze trading of ARDR asset and other assets included in the Ardor Genesis Snapshot
  • Q1 2018
    • Develop Nxt as a simple and secure crowdfunding solution for new ICOs
    • Position the Nxt Blockchain Creator Kit as a viable solution for new blockchain projects
    • Add permission layer and peer communication encryption for private blockchain solutions
  • Q2 2018
    • Merge features added to Ardor which do not rely on the parent/child chain architecture

Source

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  • IGNIS ICO

This is the last week to participate in the Fourth Round of the IGNIS ICO. The latest batch was released and this is the absolute last chance to buy JLRDA at 1.05 NXT. The penultimate Fourth Round ends October 21st at midnight. We thank all of the community who supported Jelurida by participating in the ICO. They are close to the 10 M Euro milestone, detailed in the ICO roadmap. Do not worry, there is still one round left, but the ratio will be 1 JLRDA to 1.45 NXT.

From Jelurida

 

Ignis ICO Schedule
Dates JLRDA tokens for sale Price of 1 JLRDA in NXT
Aug 05 – Aug 12 60,000,000 0.40
Aug 26 – Sep 02 80,000,000 0.55
Sep 09 – Sep 16 100,000,000 0.76
Sep 23 – Oct 21 100,000,000 1.05
Oct 28 – Nov 04 up to 100,000,000 1.45

Riker- We now surely reached the 5M€ and are looking to reach the 10M€ milestone. We need all the help we can get from you guys in order to get to it.

Source




Live stats from the Nxt Blockchain

IGNIS WHITEPAPER

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  • Riker speaking at “Blockchain Solutions Forum” in Barcelona

Riker spoke at the Blockchain Solutions Forum last week. His speech contained a lot of great material and is a must watch for anyone who wants to better understand the NXT/Ignis/Ardor ecosystem. The video also has high level information that is sure to delight even the most knowledgeable of our readers.

 

 

The IGNIS ICO Presentation

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  • Ardor vs. the Competition , Pt. 4: Waves

A new article in the “Ardor vs. the Competition” article series was published last week.

The fifth in the series, the benefits of Ardor over other competing blockchain solutions are explored in great depth.

A couple months ago Segfaulsteve began writing a wonderful and detailed account of Ardor and the many advantages it has over the competition. His first post highlighted the technological supremacy Ardor has over Plasma, the next installment talked about the LISK blockchain and the functionality provided by it, and the third compared Ardor against NEM/Mijin/Catapult. The fourth covered the debacle with the IOTA code base.

Ardor vs. the Competition, Pt. 4: Waves

You can find the previous posts below:

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  • Ardor.world – Articles and Services about Nxt, Ardor, Ignis

The first three comparative articles of Ardor vs. The Competition are now available in Russian. Thanks to all the help from our great community. We have so much great content to promote, the difficulty is in translating it, well, for our large base of readers who are Russian speaking, here you go: 

Ardor.World Updated!
Add Nxt Blockchain activities https://www.ardor.world/en/analyze_nxt/
Analyzed 1,415 days of network life Nxt blockchain
Translated three articles from nxter to Russian https://www.ardor.world/ru/news/

Source

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  • Austria Released First Blockchain ‘Call for Project Ideas’

In Austria, there was a general consortium for project ideas that revolved around the blockchain. Two Ardor based ideas were presented.

Source

More info

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  • Dan Charbonneau, CEO of CBT Nuggets, joins the NxtCommunity Slack

Hooray for growth and big names – last week the CEO of CBT Nuggets joined the Nxt Community slack.

Using the alias charbo, he wrote:

charbo in #trading channel 
I’ll introduce myself since I’ve been the topic of conversation here. My name is Dan Charbonneau and I’m the CEO of CBT Nuggets. At CBT Nuggets we make IT training and have a mission of continually improving the learning experience for IT professionals. Training (education) is like working out at the gym. It’s good for you but it’s hard work. It’s tough to get motivated to do it. We’re developing a cryptocurrency to be deployed as an ARDR child chain that will provide a financial incentive to learning.

The reason why I’m buying so much ARDR is that when we launch it isn’t going to be with an ICO. It’s self-funded. The value of our cryptocurrency will be pegged to ARDR on a 1-to-1 basis. The initial launch will be with 50M of the new cryptocurrency paid for with 50M ARDR. The currency will be redeemable on a 1-to-1 basis for ARDR so it has value out of the gate.

Learners will buy training content with the new crypto and consume the content. There are quizzes throughout the content so you can prove you learned the material. When you answer the quizzes correctly, 30% of your purchase price is returned to you. In addition, everything you learn is stored in the blockchain so we will maintain a lifelong record of learning for you. When you interview for a job, you’ll be able to show the interviewer everything you’ve learned. The transcript will of course be private only for you and shared with the people you choose.

Anyone with the ability to teach can upload content. Once the content is vetted, it’s listed in the catalog and they earn currency with each purchase.

All holders of the new currency do our version of forging. 5% of every transaction is distributed as a block reward on a weighted random basis.

I’m a believer in ARDR, and in blockchains in general.

By the way, I need 50M of the new currency because we’ll be offering the currency for validated learning to all of our existing customers at cbtnuggets.com and I plan to give away the equivalent of 100ARDR with every download of the new client along with profile creation.

I’m hoping this changes education worldwide, providing greater access to quality content and adding competition and the principles of the free market economy to education at all levels.

Follow CBT Nuggets on Twitter, Facebook, YouTube, Linkedin and/or Google+

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  • Chinese Community

The latest video diary of Lior Yaffe’s great trip to Shanghai for a Meetup last month is out. This was the first official presentation in China by Jelurida about NXT/Ardor/ Ignis. These fun diaries document the momentous week that was for the burgeoning Nxt community in China and for Lior himself.

Don’t miss the other videos published two weeks ago!

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  • Travin Keith presented – “Blockchain: Making It More Than Just a Trend”

Our good friend Travin presented, on behalf of Agavon, at BrightTALK. Entitled “Blockchain: Making it More than Just a Trend” his talk speaks to the vast potential that lies untapped in the blockchain. What we know it to be today is just scratching the surface of what it will be in the not too distant future.

He wrote:
About this webinar

Perhaps one of the buzziest of buzzwords for the past few years has been “Blockchain”. But for those who are well-versed in the technology and the goings on of the industry, it is definitely more than just hype.

Join this session where a panel of experienced Blockchain specialists will discuss:

-Viability of Use Cases – Just because a centralized database can be more efficient doesn’t mean it’s the most viable

-Preventing Blockchain from Being Just a Trend – if blockchain isn’t viable as the solution, it shouldn’t be used

-Public vs Private Blockchain Use

-State of the Industry – Understanding that a lot of the platforms and frameworks are in their early stage of development and that support may not be readily available

  • Travin Keith will be a Speaker at the 10th Heidelberg Blockchain Meetup

Damn, this guy is good and busy! He revealed last week that he will be a speaker at the prestigious Heidelberg Meetup.

He wrote:

Agenda:

Travin Keith is a long-time member of the blockchain and cryptocurrency community since 2013 and has been involved in numerous projects and communities such as the Nxt Foundation, SICOS, Hyperledger, BitcoinMarkets, and his own company, Agavon. He will be starting off his presentation with anecdotal stories about his early days in the space and how he came to work full time in the industry while living in the northernmost town in the world – Longyearbyen, Svalbard, then will go into a few details about his current projects as well as observations and thoughts about the current state of the space. His presentation will end with an interesting free use case currently presented in story form.

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  • Crypto Woman – Let’s Build a Blockchain Together!

Last week American YouTube blockchain celebrity, Crypto Woman, annonced that she had a great idea for implementing a secure and cheap messaging service built around the messaging protocol built into the NXT platform. She is still looking for people willing to help her make her vision of a cheap and secure blockchain based secure messaging platform a reality.

She wrote:

“Build it and they will come…”

– Some of you noticed I am building a blockchain on NXT – both as a public service and demonstration of how easily it can be done. I am hoping the community will take part in this and have been looking for ways to open the dialog.Now I want / need input on how to rightly distribute the tokens. There will be other conversations too. I have a hosted Zoom and have set up a scheduled meeting for every morning at this time (6am EST – 7am). Please download the Zoom app and join me here. I’d love you input!

Join me here: https://zoom.us/j/6085743832

https://twitter.com/TheCryptoWoman

http://www.blockchained.business

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NXT AE

  • Janus – Status Update

Bjorn updates us and we continue to look forward to the launch of JNSHash mining, whatever it will be!

 

bjorn –  I have to finish work with a developer before I can explain the second aspect, thanks for your patience.

JNSHash Mining

Someone is going to have fun with his “adult Legos” as these cards undergo significant modding.

ETA: For information regarding JNSHash and how it will affect Janus tokens comes second week of November. At that time another part of video progress should follow. One thing, for fairness sake is that part of the requirement, if you desire to partake in the mining aspect, JNS user must have a minimum of 100k tokens. (100k min JNS for the base tier, 4 tiers total).

There is another step but its another benefit and not been made public. Not even XT groups know this yet. I have to finish work with a developer before I can explain the second aspect, thanks for your patience. comjnsxt and JanusXT already qualify. Top tier is anything over 2 mil JNSHash. All I have for today, be well all.

ascendus – JNSHash will mine Bitcoin Gold right after the chain goes live and GPU mining software release.

Join the “Janus Token” YouTube Channel

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

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  • Adel – Status Update

Adel is looking to grow their Blockchain Startup Incubator brand. They are looking for great ideas that they can help nurture and grow into a disruptive and transformative reality.

They wrote:

Have an innovative idea for a Blockchain business? Six steps to turn dreams into reality – Join Adel Blockchain Startup Incubator

Read the latest great Adel article by Wolffang:

Adelphoi: “I am more than just a trader’s coin” — Adel Ecosystem Ltd.

Follow Adel In Medium

Adel’s first incubated project will be iFin.io.

 

More info

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  • Bitswift – Status Update

Bitswift continues to look to build an advisory board. If you own a significant amount of Bitswift tokens (15,000 +) you are elligible to be a voting member on the advisory board that governs the future rollouts and implemetations of the Bitswift tokens. The tokenswap that ended a couple of weeks ago has nearly half a million unclaimed tokens in it.

They wrote:

bitswiftbro
We are still looking to build a Bitswift advisory board. Seat members must hold 15,000 Bitswift tokens. PM us if you are interested.

bitswiftbro
balance remaining unclaimed at this time: 446,879.3936604

​Last day for token swap. If you are still on the old blockchain you are going to have a bad time

We will make some formal announcement about the outcome of the swap, including what is to happen with the unclaimed tokens. We will use them to transparently develop the Bitswift ecosystem, we also promised we would be eliminating a portion from supply adding increased scarcity attribute to all remaining. Our shop is having products added it to it as we speak, its quite a tedious process but we have hired someone on now as dedicated product manager. We have also started to put together a dev team to start rolling out on our digital product line. The future looks good #bitswift.

https://twitter.com/ShopBitswift/status/919386258585128960

 

Source

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  • DeBuNe – ERC20 Token Swap

In the first newsletter of this month, we announced the Debune token swap. It is ongoing and there are only 15 days left to participate in it. Act fast before you forget and miss out on the opportunity.

Nxt News – October 2017 (I): Success is Not Measured by the Position you Have Achieved in Life but by the Obstacles you Have Overcome

Their update:

UPDATE:

So far 90’670.6862 DeBuNe assets have been sent back to be swapped with ERC20 tokens.

There are still 158’772.24 that needs to be returned Before the end of October, or else they will end up not being swapped.

Whoever desires to swap the DeBuNe assets with DBN after the launch of the DeBuNe blockchain, please send them back specifying so in the message.

15 days left.

Roberto

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – Cardano More Secure than NXT?

In what can only be called outrageously false, Cardano claimed last week that they were somehow more secure than NXT. Clearly they did not do their homework before writing this claim. Lior Yaffe responded, point for point, in his Medium blog, throughly putting this claim of Cardano’s six feet under the ground: dead and buried.

“The first significant work on proof of stake was conducted by the team of the Nxt cryptocurrency, but their protocol had significant flaws and no formal verification.”

He wrote:

You get that? A token launched to mainnet 10 days ago claims that the NXT POS protocol which is running securely in production for 4 years, as a public blockchain, in hacker infested environment “had significant flaws”. Maybe they should say “has significant flaws”, what are these flaws? They didn’t say.

I decided to take a look at their Whitepaper but ran into a 50+ pages wall of text full of mathematical jargon which is practically unreadable for a software engineer like myself.

Then browsed through their documentation and quickly found pages like DIFFERENCES BETWEEN PAPER AND IMPLEMENTATION i.e. the paper describes an amazingly secure system (?) but this is not what they implemented. Then they describe a naive UPDATE SYSTEM MODEL which lets the stake holders vote if to upgrade to a new version, good luck with that, and BOOTSTRAP ERA which allows only “bootstrap stakeholders” to generate blocks and will end “when bootstrap stakeholders will vote for it”. Why would they vote for it?

Dear Cardano team, please show some respect.

Source

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  • Cointelegraph – Industry Experts Believe Bitcoin Headed to $6,000

Lior Yaffe, Nxt & Ardor core developer was interviewed about his take on the ceiling for Bitcoin. He sees a ceiling, but the supremacy of BTC is not going away immediately as it is the fiat currency of the crypto world, much like the USD is the fiat currency of the financial world.

His quote:

“The recent increase in Bitcoin’s value is likely due to it being the de-facto exchange currency between the fiat and crypto worlds, much the same as the US dollar is between fiat currencies. It is quite obvious that Bitcoin is not going to replace any fiat currency any time soon due to scaling issues and the waste generated by the POW process. Going forward I predict that most innovation in the crypto world in the mid to long term will take place on POS based blockchains, but being the bridge between the worlds gives Bitcoin a huge short term boost.”

Source

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  • Improprieties Cointelegraph Article

We do not usually talk about propaganda articles promoting other coins in this newsletter, but every now and then we are forced to, specially when we realize that these articles contain, for unknown reasons, some improprieties concerning the Nxt blockchain. That has been the case with Cointelegraph this time:

…Pure PoS without continual use of PoW was first conceptualized by NXT but its first actual implementation occurred on Blackcoin (BLK). Blackcoin was …released in February 2014, a month before NXT

That is the only mention of Nxt, the first 100% POS crypto platform, that you’ll read in an article which is, supposedly, devoted to PoS coins. And that statement is a blatant and outright lie.

Nxt launched in November 2013. It can be verified here, here or here, or in many other publically available resources. Even Cointelegraph itself mentions the date Nxt was launched in some of their previous articles. Some users and well-known members of the Nxt Comwell-knowne also pointed Cointelegraph their mistake:

Apenzl commented

Nxt launched in November 2013 as the first 100% PoS coin ever. Who doesn’t know that? It even says so on Nxt’s website but you don’t provide a link to it – why?

It looks like you let some dude from Blackcoin community tell your what’s the recent story of PoS, and then you call yourself “Cryptoeducator”? Please do your research and stop spreading misinformation, thank you.

The Nxt core dev team releases the world’s first scalable PoS blockchain-as-a-service platform in Q4 this year. It’s not some “idea”, it’s finished and you can use it on testnet, yet you do not mention this acknowledged project at all. Why o why don’t you think a scalable PoS child chain platform with built in smart contracts like p2p marketplace, Aset Exchange, crowdfunding, dividend payment, data cloud, shuffling, voting, etc, belongs in “The History and Evolution of Proof of Stake”?

We expect Cointelegraph to fix their mistake as soon as possible. A media with this reputation should not tolerate this. Jelurida and Blonde 2.0 are already pulling their strings to make this happen.

Riker:

Blonde 2.0 rep spoke with the editor of CT and she will make sure that they will amend it.

Source

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  • Briandcolwell – Ardor & Child Chains: A Blockchain 2.0 Innovation, But Is This A Coin We Really Need?

Death by bulletpoints awaits anyone who reads this well-researched article about the many, many pros of the Ardor platform. Thank you Brian, for this accurate summary of the Ardor Platform.

Source

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  • Themerkle – Accenture and BNP Paribas Experiment with Nxt Blockchain Technology

Article about the growing acceptance of NXT blockchain solutions being used by large financial institutions to secure their transactions. A very informative read.

TheMerkle banks NXT Blockchain

The number of different cryptocurrencies coming to market over the years is almost impossible to count. Some of the older altcoins are still around today, although not everyone will remember most of them. Nxt is one of the older currencies in existence, though it is mainly known for its services to developers these days. Specifically, it now allows for more transparent bank transfers, which is of great interest to BNP Paribas and Accenture Spain.

Source

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PRICE EVOLUTION

 

  • TradingView – NXT/USDT Poloniex – This Particular Pair Includes TWO Schematics

Those two Schematics are Wyckoff Distribution Schematic #1 and Wyckoff Accumulation Schematic #2 . As usual, I have copied and pasted the cover chart within these comments for easier view of text bubbles: snapshot Here is a link to an image of Wyckoff Distribution Schematic #1: https://imgur.com/nOJl0Dd Here is a link to an image of Wyckoff Accumulation Schematic #2: https://imgur.com/945poSJ Here is a link with “basic” understanding of Wyckoff and his teachings: http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method Famous quote of Wyckoff: ”…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” Wyckoff referred to them as the Composite Man. I refer to them as the “Composite Group.” We appear to be in the “late” stages of Phase “B” in both Schematics. So, lets look at Wykoff’s description of Phase B in “both” schematics: First, Wyckoff remarks on Phase B of Distribution Schematic #2: Phase B: The function of phase B is to build a cause in preparation for a new downtrend. During this time, institutions and large professional interests are disposing of their long inventory and initiating short positions in anticipation of the next markdown. The points about phase B in distribution are similar to those made for phase B in accumulation, except that the large interests are net sellers of shares as the TR -0.80% evolves, with the goal of exhausting as much of the remaining demand as possible. This process leaves clues that the supply/demand balance has tilted toward supply instead of demand. For instance, SOWs are usually accompanied by significantly increased spread and volume to the downside. And his remarks on upcoming Phase C: [By the way, TR -0.80% = Trading Range; NOT a stock to trade] Phase C: In distribution, phase C may reveal itself via an upthrust (UT) or UTAD. As noted above, a UT is the opposite of a spring. It is a price move above TR -0.80% resistance that quickly reverses and closes in the TR -0.80% . This is a test of the remaining demand. It is also a bull trap—it appears to signal the resumption of the uptrend but in reality is intended to “wrong-foot” uninformed break-out traders. A UT or UTAD allows large interests to mislead the public about the future trend direction and to sell additional shares at elevated prices to such break-out traders and investors before the markdown begins. In addition, a UTAD may induce smaller traders in short positions to cover and surrender their shares to the larger interests who have engineered this move. Aggressive traders may wish to initiate short positions after a UT or UTAD. The risk/reward ratio is often quite favorable. However, the “smart money” repeatedly stops out traders who initiate such short positions with one UT after another, so it is often safer to wait until phase D and an LPSY. Often demand is so weak in a distribution TR -0.80% that price does not reach the level of the BC -0.35% or initial ST 0.45% . In this case, phase C’s test of demand may be represented by a UT of a lower high within the TR -0.80% . So, their’s a possibility we may not go as high as some may think. Yes, it’s going up at least “near” the top of the trading range in my opinion. Could it go higher and negate Phase “E” ??? Not sure, time will tell… Notes will be provided shortly for Wyckoff remarks on Phase B of Accumulation Schematic #1: 14 hours ago Comment: Phase B: In Wyckoff analysis, phase B serves the function of “building a cause” for a new uptrend (See Wyckoff Law #2 – “Cause and Effect”). In phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. The process of institutional accumulation may take a long time (sometimes a year or more), and involves purchasing shares at lower prices and checking advances in price with short sales. There are usually multiple STs during Phase B, as well as upthrust-type actions at the upper end of the TR. Overall, the large interests are net buyers of shares as the TR evolves, with the goal of acquiring as much of the remaining floating supply as possible. Institutional buying and selling imparts the characteristic up-and-down price action of the trading range. Early on in Phase B, the price swings tend to be wide, accompanied by high volume. As the professionals absorb the supply, however, the volume on downswings within the TR tends to diminish. When it appears that supply is likely to have been exhausted, the stock is ready for Phase C. Phase C: It is in phase C that the stock price provides goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. As noted above, a spring is a price move below the support level of the TR established in phases A and B that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers, or bears. In Wyckoff’s method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. The appearance of a SOS shortly after a spring or shakeout validates the analysis. As noted in Accumulation Schematic #2, however, the testing of supply can occur higher up in the TR without a spring or shakeout; when this occurs, the identification of phase C can be challenging. 14 hours ago Comment: It is my opinion that we should pay more attention to Accumulation Schematic #1 with its notes rather than Distribution Schematic #2 with it’s notes. I recommend you divide up into 3rd’s what you’re willing to invest in your trading with this pair. One 3rd for an entry NOW. Second 3rd held in reserve for a pull back Final 3rd held in reserve for Sign of Strength (SOS) If there is no pull back, you decide on if and/or when that other 3rd is to be engaged at a point of your choosing.
Source

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  • TradingView – Holding Ardor

Ardor is in a nice triangle which is bound to break up in oner or two months if not weeks because of the mainnet launch.

Source

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  • TradingView – ARDR to be a 10x for Stone Hands

10% guaranteed 24 hrs -0.05% . 10x if you want to enter in a long position and hold with stone hands

Source

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  • TradingView – ARDR Here we go


It is a golden cross in the circe. It is in the cloud too, so we can see 7k, even above.

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

Live stats from the Nxt Blockchain Asset Exchange:

 

(Back to the Index)

 

And that is all for this week, Nxters. Make sure you have more of your favorite warm beverage available as you stay tuned next week for more up-to-date coverage on the ultimate round of the IGNIS ICO, the new year launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We explain in much 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!

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

Nxt News – October 2017 (II): The Way to Get Started is to Quit Talking and Begin Doing

October 2017 (II)

Welcome again, fellow Nxters! Not so welcome is the rain, remember when it was nice and sunny out? Snuggle up with your favorite warm beverage and catch up on the world of the blockchain. The fourth round of the IGNIS ICO continues, Jelurida and the Nxt Foundation had an informal meeting, and more.

As always, we provide comprehensive, yet accessible coverage of the rapidly evolving and growing blockchain world. For our long-time readers we have the latest events; for our new readers, we have the info to make you an expert in no time at all. Sit back and enjoy with your favorite.

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • IGNIS ICO

The fourth round of the IGNIS ICO continues. Small and larger orders are placed and executed daily. After months of hype, it is now possible to participate in the ICO and buy JLRDA without running a full node client, placing several buy-orders in advance, or having to figure out the most advantageous peer settings and transaction fees in order to buy. For more in-depth analysis of the penultimate round of the ICO, follow our exclusive ICO reports.

At the time of writing, 65M+ JLRDA is available at a rate of only 1.05 NXT per token. This is the perfect opportunity to buy in and be ready to appreciate the revolutionary parent/child chain architecture of Ardor as IGNIS will be the ONLY unrestricted child chain. Be apart of something great and buy now while supplies last!

 

Ignis ICO Schedule
Dates JLRDA tokens for sale Price of 1 JLRDA in NXT
Aug 05 – Aug 12 60,000,000 0.40
Aug 26 – Sep 02 80,000,000 0.55
Sep 09 – Sep 16 100,000,000 0.76
Sep 23 – Oct 21 100,000,000 1.05
Oct 28 – Nov 04 up to 100,000,000 1.45

Source




Live stats from the Nxt Blockchain

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  • Jelurida and Representatives of Nxt Foundation, Agavon and Nxter Magazine in Barcelona

Last week there was an informal meeting between the core members of the above companies while attending the Blockchain Solutions Forum in Barcelona. Opportunities for photo-ops were plentiful and we have many permutations of smiling people to share! This was an opportunity for various members of the respective teams to be co-located, some for the first time ever! The community bonds between Nxter, Nxt Foundation, and Jelurida run deep and we are always thankful and appreciative of the opportunities to work with them to rule the world promote Nxt / Ardor / Ignis solutions.

 

Kristina, of Jelurida, wrote:

Hi, everybody! We had a great time at the Blockchain solutions forum last three days in Barcelona! It was not an ordinary conference for us because all Jelurida members had to be in one place (and this does not happen so often but also because this time we got to meet so many friends, thanks for joining us travin, ruben bc, vanbreuk, fsarrias, igmaca! And thanks to everybody who stopped at our “booth”! Looking forward to the meetup tomorrow and also to some sightseeing in beautiful Barcelona!

Nxter’s very own Ruben wrote:

RubenBC: after some years working inside the community I were able to know the faces behind and strengthen the relation. It has been one of my better experiences, sympathy and good feelings are the main subjects of the team. I’m waiting for the next time! Thanks @Jelurida, @Agavon and @Nxtfoundation to made it possible

Riker  speaking at “Blockchain Solutions Forum” in Barcelona

Riker: I think it was good exposure. Dozens of presenters before me talked about the ICOs and all the wonderful projects they are going to implement. Then I came last and spoke about how they can implement it.

Lior Yaffe himself has written a post about this event that we mention later in this very same newsletter.

The IGNIS ICO Presentation.PDF

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  • Crypto Woman – Let’s Build a Blockchain Together!

Elizabeth, the Crypto Woman, released an informative video about a use case for the blockchain: encrypted messaging. She enthusiastically promoted the NXT encrypted messaging platform. According to her, the reason the feature is not more widely used is that sending an encrypted message is a transaction and that requires a transaction fee of 1 NXT. Her stated goal is to develop a blockchain exclusively for encrypted messaging that has very low transaction fees, think micro Satoshi (10^-8 BTC/ 10000000 Satoshi = 1 Bitcoin) cheap. The NXT platform will be the base for this new blockchain but she is recruiting help from the best and brightest minds in the blockchain community to get around the integer transactional fee structure that underpins the Nxt platform.

She wrote:

I’m Elizabeth and if you’ve seen my earlier videos you will know that I’m building a blockchain for business. I have been studying several use cases to apply a blockchain solution to and I want to explore all of them with you. Since I started this journey, I’ve realized an immediate need and so we are going to sidestep and segue into a blockchain project right now.

In my online chats and in-coffeeshop discussions with people I realize there is a huge need for encrypted messaging. From places in the world that are closely monitoring even the most private conversations to organizations that are burdened with the cumbersome logistics of protecting sensitive client information, there is a growing cry for a simple, straightforward way to communicate privately.

The Encrypted messaging feature of the NXT blockchain has solved that problem and it’s been used effectively for several years. But there is a reason it isn’t more widely used. Each message is seen as a transaction on the blockchain and every transaction costs one NXT coin – which today is the equivalent of about 7 cents here in the United States. This is cost prohibitive for conversations and so has not been widely used.

As a public service, I am going to create a blockchain for messaging with very low transaction fees. This messaging blockchain will be built using the NXT platform and will be an encrypted messaging tool anyone can use – anywhere in the world.

My next step will be to approach the community of developers and blockchain enthusiasts of NXT for their insight and help. Stay tuned. This is going to happen soon!

Be sure to follow my YouTube channel and find me on Twitter at @TheCryptoWoman to take part of building this blockchain with me.

https://twitter.com/TheCryptoWoman

http://www.blockchained.business

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NXT AE

  • Janus – Status Update

Janus released a video teaser for their new side project JNSHash. Coinciding with this is their update on the mod process as they upgrade and overclock Vega 56 graphics cards into cheaper versions of the Vega 64. Once all the GPU rigs have been modded they will be applied towards the new JNSHash project. Janus co-founder, Bjorn, will likely have this project ready for the holiday season so we eagerly anticipate announcing more news as it is released.

The Janus team wrote:

ascendus

Hi Janus community, just a quick update:
We have begun the process of bios modding several and *Vega 56 cards* and turning them into Vega 64. So far all cards modded successful.

We will be tweaking gpu rigs for several projects upcoming but will keep everyone aware when that comes.

Yes we know that people want to know how this will affect _Janus tokens_ and that info will come after phase 3 is complete. Bjorn and I are pushing for late November early December. Bjorn is a big fan of holiday surprises if you know his work in the past you will understand.

Thank you for all your support.

JNSHash Mining

Someone is going to have fun with his “adult Legos” as these cards undergo significant modding.

Introducing: JNSHash Mining

Join the “Janus Token” YouTube Channel

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

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  • Adel – Status Update

Adel was featured in many articles last week. Labeled as a blockchain legitimizer by Coindesk and recently added to investFeed and the Token Market Tracker platforms, there is much to read about Adel and their continued efforts to become the epicenter for crypto-enthusiasts to engage and collaborate with the community and manage asset portfolios.

Adel wrote:

gdusil

Token Market Tracker ▲ $ADL
Speaking of research and investment platform Token Market… You can find the Adel profile here to share across your networks.
https://tokenmarket.net/blockchain/nxt/assets/adelphoi/

Coindesk ▲ Isle of Man Welcomes ICOs Following Adel’s Success ▲ Adel Ecosystem
More great coverage of Adel in the news. Here is a recent article on Coindesk that mentions Adel as an innovator in the legitimization of ICO projects. The Isle of Man tells Coindesk it is opening its doors to entrepreneurs looking to launch initial coin offerings. The self-governing British Crown dependency in the Irish Sea has created a new regulatory framework to support businesses in an effort to capitalize on a growing vertical market and keep consumers safe. The article mentions Adel as the model that helped to enable this move https://www.coindesk.com/icos-welcome-isle-of-man-to-unveil-friendly-framework-for-token-sales/

NEW Watch List on investFeed ▲ $ADL
investFeed is a community powered stock trading network that combines the model of StockTwits, Steemit and Token Market. The New York-based equities social platform is built on the Ethereum blockchain and has ties to TD Ameritrade, e*Trade and Fidelity. The company hopes to be the epicenter for crypto enthusiasts to engage with the community, place orders and manage portfolios.
Adel is now listed and active in the 15,000+ member space. Connect and share at https://www.investfeed.com/adelecosystem

Follow Adel In Medium

Adel’s first incubated project will be iFin.io.

 

More info

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  • Bitswift – Status Update

The Bitswift Bittrex swap is officially concluded. The Bitswift Shop is still under construction and looks to launch soon. Last week they announced that they successfully integrated Bitcoin processing to the shop as they look to replace their decentralized marketplace option with the Bitswift Shop.

They are still in need of quality talent to help build and grow. If you are interested and have experience with the Nxt API PM them on Slack.

Bitswift wrote:

Bitswiftbro

The bittrex swap is over
everything on trex is the new bitswift asset

Bitswiftbro
Bitcoin processing fully integrated
Coming soon…. Bitswift Shop.

We can add new categories as community sees fit.. I think Digital Cameras should be one of them.

 

For info: We are planning on replacing the decentralized marketplace option with our online shop in our own token manager client after the Ardor migration. Decentralized marketplace is cool, but does not quite fit our business model at the moment.

We are looking for developers to help us roll out our digital product line. If you are interested please shoot us a PM.

Experience with Nxt api would be beneficial.

 

Source

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – Transparent Forging Dissected Review of One of the Most Promising Features of NXT

Jelurida co-founder Lior Yaffe wrote about the benefits of Transparent Forging, one of the unique functions designed into the NXT POS algorithm. TF is great for improving the scalability of private blockchains, among other things.

He wrote:

Summary

The NXT POS algorithm has unique ability to predict the node which will generate the next block a.k.a Transparent Forging, TF has the potential to significantly improve transaction propagation speed and reduce forking. TF is not implemented on the public blockchain due to security reasons. TF is ideal for improving the scalability of private blockchains.

Source

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  • Lior Yaffe in Medium – The Barcelona Blockchain Solutions Event

Lior Yaffe attended to the Barcelona Blockchain Solutions Event. He wrote a post explaining his impressions from this event:

Most of the teams in the ICO were raising money for their future project or to integrate a technology from another domain like gaming or telecom with a blockchain token. Almost all of the teams were using or plan to use ETH ERC20 tokens, almost none of them actually knew which infrastructure they will use for their project, most of them had unrealistic expectations from what can be achieved using existing blockchain technology “we need to support 100K TPS”. It was a Blue Ocean for pitching and educating people about Ardor and about the NXT Blockchain Creator Kit. There were no other devs from any other competitor in sight.

Source

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  • Techburst.io – POS vs POW Revisited – How the Tides have Turned

Related to what we published in a previous Newsletter, Lior Yaffe, aka Riker, Nxt/Ardor core developer and co-founder of Jelurida…

Few weeks ago I published https://medium.com/@lyaffe/nxt-proof-of-stake-theory-vs-practice-e895ac8cb5bf where I explained why the simple proof of stake algorithm used by NXT is practically secure. Still I didn’t claim it is more secure than Bitcoin’s and Ethereum’s proof of work. Now I do.

Reflecting on my visit to China couple of weeks ago just in time for the ICO ban and the Chinese exchange closure, one has to ask what’s next? What if the Chinese government also performs the next natural step and close all of China’s Bitcoin and Ether mining factories?

….

Source

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  • Steemit – Portfolio Updates ETH, LTC, XTZ, ARDR

Cryptocurrency enthusiast S4m0ht wrote a Steemit post about the updates to his portfolio last week. He is bullish on Ardor and is impressed with the core team behind the platform. This is good news for Ardor and we look forward to announcing news about Ardor as the time until the launch into the mainnet gets ever closer.

He wrote:

ARDR

This is the most exotic pick I did during the summer, Jelurida is the software house working on NXT a completely different technology base w.r.t. BTC or ETH. Such completely different technology is an hedge against eventual problems that can bug the other blockchains (miner wars in BTC, hacker paradise in ETC, etc..).

The thing that really sold me this one is the team, where there is an high experienced developer who worked in the early ebay. Of course this was my minor pick, also, Ardor, when released, will be a PoS so you should take it out of exchanges and let it rest in your private wallet.

Source

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  • Usine-digitale.fr – GreenFlex (Total) Veut Conjuguer Smart Grids et Blockchain à Grandes échellesInve

French language article about GreenFlex, a subsidiary of Total specializing in sustainable development. GreenFlex is working with the consulting firm, Blockchain Partner, to build a blockchain demonstrator dedicated to local energy loops. Many challenges await them, most importantly the decision of what will be the technical foundation of the protocol. Ethereum and Nxt are being considered, with Nxt being the slight favorite due to easier scalability at the large volumes that dominate the financial and business worlds.

Translated from the article:

On the technical side, the choice of protocol has not yet been decided. Blockchain Partner plans to study the Ethereum blockchain with confidentiality modules but also the NXT technology, already used by some banking systems.

“The platform needs to support a large volume, which gives an advantage to the NXT technology that natively manages the functionality of a decentralized market,” said Antoine Yeretzian, co-founder of the consulting firm.

Lucas Elicegui, directeur Innovation chez GreenFlex, filiale de Total spécialisée dans le développement durable.

Source

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PRICE EVOLUTION

  • TradingView – NXT Buy Opportunity

If the price bounces from 0.060000 support level, it will give us a good trading opportunity. The market has been moving between 0.060000 and 0.020000 levels 4 months amd -0.82% now the price is at the bottom of this price channel. RSI is going to confirm price reversal. MACD lines support an upward movement. DMI 0.47% allows open long trades. We can try to catch this price reversal and further upward movement. Pending orders for buy should be placed above the local high at 0.080000 level. Stop orders can be below the support at 0.052000 level. Profit targets should be 0.013000 and 0.018000 levels.

Source

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  • TradingView – Ardor – Chance to be a Millionaire

No need to comment here. If you miss a chance to be a millionaire with Eth/xem/NEO/OMG, then this is ur -5.17% next chance -Fantastic team (devs of WAVES, lsk, xem -0.80% are original from Ardor community) -Chinese community -price is freaking cheap now and bottom is formed. The only way is UP UP UP -real business application -team has big funding from Ignis ICO 0.00% -mainnet is going to be released in Mid November

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

Live stats from the Nxt Blockchain Asset Exchange:

 

(Back to the Index)

 

And that is all for this week, Nxters. Make sure you have more of your favorite warm beverage available as you stay tuned next week for more up-to-date coverage on the penultimate round of the IGNIS ICO, the launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We explain in much 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!

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

Advertise

Nxt News – October 2017 (I): Success is Not Measured by the Position you Have Achieved in Life but by the Obstacles you Have Overcome

October 2017 (I)

Welcome again, fellow Nxters! October is here and that means delicious beers and ciders are just around the corner. In the world of the blockchain, we have much to catch you up on. The fourth round of the IGNIS ICO continues, Jelurida has new plans and more.

As always, we provide comprehensive, yet accessible coverage of the rapidly evolving and growing blockchain world. For our long-time readers we have the latest events; for our new readers, we have the info to make you an expert in no time at all. Sit back and enjoy.

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • IGNIS ICO

The fourth round of the IGNIS ICO is underway. After months of hype, it is now possible to participate in the ICO and buy JLRDA without running a full node client, placing several buy-orders in advance, or having to figure out the most advantageous peer settings and transaction fees in order to buy. For more in-depth analysis of the fifth and final round of the ICO, follow our exclusive ICO reports.

At the time of writing, 44M+ JLRDA are available for 1.05 NXT per token.

Ignis ICO Schedule
Dates JLRDA tokens for sale Price of 1 JLRDA in NXT
Aug 05 – Aug 12 60,000,000 0.40
Aug 26 – Sep 02 80,000,000 0.55
Sep 09 – Sep 16 100,000,000 0.76
Sep 23 – Oct 21 100,000,000 1.05
Oct 28 – Nov 04 up to 100,000,000 1.45

Source




Live stats from the Nxt Blockchain

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  • Jelurida – Barcelona is next

Riker –

Tuesday – Thursday – team Jelurida in Barcelona at http://www.blockchainsolutionsforum.com/ we’ll have a booth and a speaker slot

Other confirmed Nxters that will attend the event are:
RubenBC (Nxter Magazine), VanBreuk (Nxt Foundation), Travin Keith (Nxt Foundation).

More info

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  • Ardor vs. the Competition

A couple months ago Segfaulsteve began writing a wonderful and detailed account of Ardor and the many advantages it has over the competition. His first post highlighted the technological supremacy Ardor has over Plasma, the next installment talked about the LISK blockchain and the functionality provided by it, and the third compared Ardor against NEM/Mijin/Catapult.

You can find the previous posts here:

The fourth installment of the series is now out. Ardor is compared against IOTA, which made the news last week for purposefully introducing bugs into the codebase in order to punish those who illicitly used their code in their projects. Further down Lior Jaffe wrote about this on his Medium blog.

Ardor vs. the Competition, Pt. 3: IOTA

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  • Lior Yaffe – About Nxt/Ardor

Lior Yaffe, aka Riker, Nxt/Ardor core developer and co-founder of Jelurida, gave on the 1st of October a speech in Tel-Aviv about the blockchain, different consensus algorithms, such as PoS and PoW, and of course, Nxt and Ardor. A lot of people gathered together to listen to Lior’s explanations, as we can see in the following picture.

If you weren’t able to attend, you can still watch Riker’s presentation. You just need to log-in to your Facebook account and click on the following link: https://www.facebook.com/NxtBlockchain/videos/835856146575251

Turn up your speakers to hear this light introduction to the blockchain and Nxt/Ardor.

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  • Blockchain: Making It More Than Just a Trend

Travin Keith, member of Nxt Foundation, will co-host and moderate this Brighttalk.com webinar. Travin does this on behalf of Agavon.

The blockchain has the attention of the world right now, it is a buzzword. But is it just a fad? Many people across the world, especially in America, believe in the impermanence of distributed ledger technologies, citing China’s closure of their BTC exchanges as proof. The grassroots of the blockchain have taken root with many extant opportunities for implementing disruptive change on the horizon.

A panel of experienced blockchain specialists will discuss:

-Viability of Use Cases – Just because a centralized database can be more efficient doesn’t mean it’s the most viable

-Preventing Blockchain from Being Just a Trend – if blockchain isn’t viable as the solution, it shouldn’t be used

-Public vs Private Blockchain Use

-State of the Industry – Understanding that a lot of the platforms and frameworks are in their early stage of development and that support may not be readily available

Register for free

Presented by
Travin Keith (Agavon), Sergey Ivliev (Lykke), Vlad Dramaliev (aeternity), Makoto Takemiya (Soramitsu)

Source

(Back to the Index)

 

NXT AE

  • Janus – Status Update

Hooray, Janus (JNS) has successfully been migrated to the Ardor platform, so once Ardor launches its mainnet (Q4) all Janus tokens will be confirmed. There is still not a definite launch date for Ardor yet. Nonetheless, the transition from JNS tokens being NXT based to ARDR based will be seamless for users.

In Bjorn’s words:

Bjorn: Final message from me for today: Janus tokens are confirmed to be part of the Ardor platform when ARDR goes live. NXT/Ardor developers have not released an exact launch date but you should all have a very easy transition with JNS tokens from NXT to Ardor.

Business site update

Janus’ lead developer, Lobos, updates us:

I am able to report that most of the dev work for our first-to-be-released project has been completed and that we’re mostly down to expanding what the UI can do, load testing and general bug testing/squashing.

Work on our second-to-be-released project is also progressing and now, after the summer break and a few personal crises which cost time and focus, has our full attention.

So even though we’ve been quiet, we’re still working on getting stuff done and making progress.

We understand our investors’ concerns and appreciate their faith in us. We do not intend to disappoint any of you.

Side business: JNSHash Mining

Last week the Janus team posted a video on Youtube…

The subject came as a surprise to most investors and followers, Janus explains:

Introducing: JNSHash Mining

Join the “Janus Token” YouTube Channel

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

(Back to the Index)

 

  • Adel – Status Update

Gabriel Dusil spoke about Adel at the Blockchain and Bitcoin Conference in Stockholm last week. The co-founder of Adel spoke about the blockchain incubation that Adel helps execute. The Adel ecosystem is explained in great depth to an eager crowd. The innovation fostered by Adel is great for growth in the blockchain space as they provide the resources to small projects. The diverse assortment of the projects they sponsor and incubate help great ideas get to market.

Gabriel speaks:

Moreover, TheWireMaster wrote this week about Adel.

Follow Adel In Medium

Adel’s first incubated project will be iFin.io.

 

More info

(Back to the Index)

 

  • Bitswift – Status Update

Bitswift is looking for enthusiasts to join their team. The Bitswift.shop is nearing completion and they need people to help the grow.

In their words:

Are you a tech enthusiast in Canada ? Want to make a business doing what you love ? Want to earn a bonus in crypto-currency ? We provide insurance, branding, training, business connections, references, access to distributors, and much more.  If you are interested in joining the Bitswift team get in touch with us.  hello@bitswift.tech

We will equip each rep with access to the shop, discounts for reps will be significant to ensure they can be profitable while re-selling to homes and business customers.

The best part of waking up........... is Bitswift on your cup.
“working on brand packs” The best part of waking up……….. is Bitswift on your cup.

 

Source

(Back to the Index)

 

  • DeBuNe – ERC20 Token Swap

The DeBuNe ICO is announced and it will be based in the Ethereum AE.

One of the reasons our community remains small is the fact that many people still are not aware of us or our platforms. We need to raise awareness and Roberto’s ICO in ETH is an opportunity to do so. The Ethereum community is much larger than the Nxt community and DeBuNe will act as a double agent for us. Infiltrating their network and community to sow the awareness of the Nxt / Ardor community. We hope. 🙂

In Roberto Capodieci’s own words:

Guys, you all know my devotion for Nxt since day 1 (or even -1 for that matter). There are MANY reasons why finally the DeBuNe fundraising is in Ethereum and not (again?) in the Nxt AE.

Some are practical:

1) liquidity in ETH is much higher than liquidity in NXT
2) audience in Ethereum is much wider than in Nxt
3) ICOs ARE in Ethereum
4) It is a GOLDEN opportunity to grab attention of the wide Ethereum community and point their attention to Nxt/Ardor

The swap of AE DeBuNe toward ERC20 Ethereum tokens is at 1:1.5
(for each 1 DeBuNe from the Nxt AE you get 1.5 DBN ERC20 tokens).

AE <> Token swap will end the 30 of October 2017!

DeBuNe Pre ICO will start the 1st of November and will sell 1DBN at 0.02ETH (for large quantities).

UPDATE:

Roberto has provided a way for DeBuNe Nxt asset holders to swap directly to his blockchain tokens.

Today he writes:

NOTICE FOR THOSE THAT DON’T WANT TO USE ERC20 / ETHEREUM 

A) Some of you have contacted me asking how to avoid the swap with the ERC20 tokens and swap directly with the DeBuNe blockchain tokens.

B) Some of you simply don’t want to deal with Ethereum. I understand and appreciate this.

I want to clarify that DeBuNe is NOT being implemented with Ethereum.

Case A) I am open to this possibility, and I apologise for not thinking about it beforehand. In this case return the AE token from an Nxt account you will be able to use in the future to send me the DeBuNe blckchain account where I will send the matching DBN.

Case B) For those of you that prefer to skip the ICO in Ethereum, I been suggested to talk with Komodo Platform to run a BTC ICO there. I am absolutely open to this, and I understand this makes many of you happier. I will discuss with Komodo the how to, and if all is ok we will proceed to offer DeBuNe also there. Note that in this 3 years I have delivered several working Blockchain projects. I have made a good estimate that for a successful phase 1 of DeBuNe we will need at least USD2M for initial work and bounties.

(…)

Please let me know if you need more clarifications and have more suggestions, I will be happy to do my best to make it right to everyone.

R

HOW TO CLAIM YOUR ERC20 DeBuNe tokens

Roberto writes:

First, take note of the addresses of the AE and the ERC20 token:
ERC20 Token: 0x570295aeC9b7196300885eC594049c1C50fEB09c

Account: NXT-GQ27-DD53-YM6K-ER6HK
DeBuNe Asset Id: 6926770479287491943

Send your DeBuNe assets to NXT-GQ27-DD53-YM6K-ER6HK adding in a message (either public or encrypted) the Ethereum wallet where you want to receive the ERC20 token.

Requests will be collected until the end of the month of October 2017, and the ERC20 tokens will be sent only after the ICO is started. Swap requests received after the end of October MAY not be fulfilled.

 

Source

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – More about Scheduled Transactions and Controllable Currency

Riker wrote about the lessons he and Jelurida learned from the early round of the IGNIS ICO. Important lessons were learned, highlighted below:

Lessons learned

  1. If the demand for your token is higher than the supply, rest assured someone will try to buy it before anyone else.
  2. If your token can be freely traded, your price levels has no meaning since users can trade it for a better price between themselves.

The NXT Blockchain has an elegant solution for these two problems

Source

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  • Lior Yaffe in Medium  – IOTA’s Copy Protection VS the NXT JPL

Once upon a time, before Lior joined the Nxt team, faulty code was written into the Nxt codebase. The reasoning behind doing this was to spur bounty hunters to spend their resources analyzing the code, find the purposeful bugs, and hopefully, find actual ones as well. The existence of the “3 flaws” were publicly announced and kicked off a bug-hunt that lasted almost 3 months.

Now we heard of IOTA doing the same thing in their code, as a copy protection mechanism but without announcing it publicly beforehand. Jelurida’s solution to open source vs having copycat clone issues is the terms written in the NXT JPL. TL;DR: Any non-commercial usage of the Nxt codebase needs to reimburse the community with 10% of the total tokens created. This way the members of the community are financially rewarded for the dilution of the ecosystem.

Source

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  • Lior Yaffe in Medium – POS vs POW Revisited

Nxt / Ardor / Ignis are PoS (Proof-of-Stake) based. This system is much better when it comes to energy consumption as hashes are not created and immediately thrown away in PoW (Proof-of-Work) based systems like Ethereum and Bitcoin. The consensus comes from the community and there is no need for “mining” hashes that come up with 30 or 40 zeros like in Bitcoin. Lior writes about some of the misinformation about this debate.

Few weeks ago I published https://medium.com/@lyaffe/nxt-proof-of-stake-theory-vs-practice-e895ac8cb5bf where I explained why the simple proof of stake algorithm used by NXT is practically secure. Still I didn’t claim it is more secure than Bitcoin’s and Ethereum’s proof of work. Now I do.

…try to close a proof of stake network like NXT. You close it in China, it will take users an hour to setup all nodes again in Hong Kong. There is no centralized lucrative target you can attack.

 

Source

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  • Investing – NXT and Ardor: The Future of Cryptocurrencies

Investing.com wrote about the future of cryptocurrencies and how it lies in the creation of better blockchains that allow better features while maintaining the main benefits of confidentiality, security, and decentralization. One of the pioneers in this new shift is Jelurida, the creator of NXT and Ardor.

They wrote:

This is where Jelurida comes in – the NXT Blockchain – their flagship product, is a lot more energy efficient than both Ethereum and Bitcoin. It is also a lot more stable than the two.

Ethereum has been subject to multiple severe security breaches that have wiped out investor’s savings. NXT has been operational since 2013, and there has been no security incidents since then. Furthermore, the blockchain is a lot more stable despite the lower capitalization. This success can be attributed to the technical team that has repeatedly been testing the blockchain to ensure that the source code is continually updated…

Source

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  • Vachev – “NXT алтернативата на Bitcoin и Ethereum”

An interesting Bulgarian language article about cryptocurrencies, highlighting the main components of the major players in the blockchain space – including Nxt / Ardor.

Source

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  • Btc38 – Ardor Challenges the Future

Chinese language article from China exchange btc38 about Ardor. Lior Yaffe recently returned from China after headlining a Meetup in Shanghai.

Riker: Article about Ardor on btc38 http://www.btc38.com/news/2017/9/15509.html – sitting next to me on the sofa is the co-founder of Binance. On the 2nd photo you see Duke from http://www.chainshome.com/ who was my host in Beijing. If someone wants to translate.

ardr1_看图王.png

ardr2_看图王.png

ardr3_看图王.png

riker – Binance said that they will look into adding Ardor once it is running on mainnet and open source. It will still require to join a voting campaign on their web site and get to one of the top spots.

(Back to the Index)

 

  • Chinese Nxter Magazine – update

Speaking of China… Last week we soft-launched the Chinese Nxter.org. Lots of work to do still, but for starters, here’s some key articles about the Nxt (and soon IGNIS) features:

Nxt PoS

Nxt Transparent Forging

Alias System

Arbitrary Messages

Marketplace

Asset Exchange

Asset Exchange Tutorial

Monetary System

Proof of Existence

Voting

Shuffling:

https://www.nxter.org/zh-hans/coinshuffle/

https://www.nxter.org/zh-hans/coin-shuffle/

https://www.nxter.org/zh-hans/blockchain-app-coinmix/

(Back to the Index)

 

  • Due – 101 Top Blockchain Companies

Ardor is recognized as one of the top blockchain companies…

Ardor is the next generation blockchain-as-a-service platform. It has been built on the successful Nxt technology and is designed with unlimited scalability, safe smart contracts, and customizable child chains. These features are designed to increase business profits, efficiency, and security.

Source

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PRICE EVOLUTION

  • TradingView – Ardor a Truly Bullish Graph

Ardor builds up a huge Shoulder-head-shoulder pattern in its graph. But this bearish pattern did not result in a further sell-off. Instead, Ardor had a bounce on the neckline and then it did fell through a little, when it fell through price reached a new low, but the RSI-indicator did not, it made a higher low, this bullish pattern is known as Bullish divergence. From that moment on both price and RSI have formed an ascending triangle. Another bullish pattern. Yesterday Ardor left both triangles (as to be expected) on the upside and perfectly reached the target that the triangle gave us (see both green vertical arrows). Trading plan: either wait for Ardor to backtest the neckline or to overcome the first target (green arrow), next target would be the top of the right shoulder (around 0.00006), but there probably is a whole lot more potential!

Source

(Back to the Index)

 

  • TradingView – Ardor Breakout Big Release

Ardor has had huge volume pour in, this is most likely due to their mainnet release in November. I expect the mass to start buying more closer toward next month. It’s scheduled to release Q4 of this year two weeks after Ignis ICO 0.00% ends on Nov. 4th. Enjoy the ride, my friends.

Source

(Back to the Index)

 

  • TradingView – NXT Trading Opportunity

The price is going to move above the cloud. It will be a trend reversal signal. We should buy above 0.067000 level with stop orders below the support zone. It’s 0.054000 level. Profit target is 0.100000 resistance level and the part of long positions can be left for the long run. In order to get an additional confirmation of further upward movement, it’s better to wait for ADX line above 20 level.

Source

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  • TradingView – NXT/USDT Poloniex Will be Going Up Soon. Look at this 4 Day TF

Sep 24 … You see how low the LSMA is inside the indicator? This may be your last chance to get in on this at or near the bottom. Just saying… Sep 25 Comment: Remember, THESE ARE 4 DAY CANDLES. Don’t freak out if it hasn’t moved yet until several days.

Source

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  • Steemit – Ardor Buy Alert

With a current Market Capital of approx. $208m and Ranked No.35 in the #CryptoCurrency Market, #Ardor has seen an explosive growth these last 5 months.

We maintain a BULLISH recommendation on #Ardor and will continue to monitor the #technicalanalysis over the next few weeks/months.

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:

Live stats from the Nxt Blockchain Asset Exchange:

 

(Back to the Index)

 

And that is all for this week, Nxters. Stay tuned next week for more up-to-date coverage on the final round of the IGNIS ICO, the launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this great 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!

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

Advertise

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

September 2017 (IV)

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

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

NXT COMMUNITY

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

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

NXT COMMUNITY

  • IGNIS ICO

The IGNIS ICO is well into its second month now.

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

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

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

Riker says:

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

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

Source

(Back to the Index)

 

  • Chinese Community

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

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

Baijing meetup yesterday with 40 attendees
Beijing meetup with 40 attendees

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

  • China Video Diary #1

Riker documents his Chinese adventure

Jelurida 公司高级开发人员Lior Yaffe 的中国之行。 🙂

  • China Video Diary #2  

Updates from beautiful Shanghai

  • China Shanghai Meetup

The Ardor Shanghai Meetup

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

  • Nxter Magazine enables Chinese section

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

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

(Back to the Index)

 

  • The Chinese Ban – withdraw to a wallet

Speaking of Btc38…

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

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

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

fz1128 writes:

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

This is btc38 cold wallet, not much NXT anymore

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

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

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

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

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

Maybe this is why coinmarketcap sees green.

Source

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  • Telegram – Ardor Chinese Group

See title; hooray for growth and community inclusion!

But WeChat? NXT QQ?

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

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

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

Source

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

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

Here is our (non-exhaustive) list:

(Back to the Index)

 

NXT AE

  • Adel – Status Update

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

In their own words:

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

 

More video interviews about Adel:

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

Adel in the Media:

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

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

Upcoming Events

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

Follow Adel In Medium

 

More info

(Back to the Index)

 

  • Bitswift – Status Update

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

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

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

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

bitswiftbro: If you do Facebook, please like and share

 

More Info

(Back to the Index)

 

  • Janus – Status Update

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

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

Withdraw your balance from ETCBets!

 

.

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NXT IN THE MEDIA

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

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

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

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

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

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

Source

(Back to the Index)

 

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

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

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

Nxt, the Blockchain App

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

Source

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

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

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

Source

(Back to the Index)

 

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

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

 

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

Source

(Back to the Index)

 

  • Is the Blockchain Going to Kill Most Middleware Solutions?

A hypothetical piece about the tremendous disruptive potential the blockchain.

 

Source

(Back to the Index)

 

  • The Wiring – NXT vs Ardor: Investor Perspective

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

Source

(Back to the Index)

 

  • MrCluster87 – Ardor 2.0.3e Blockchain Platform Tutorial

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

(Back to the Index)

 

PRICE EVOLUTION

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

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

Source

(Back to the Index)

 

  • TradingView – LONG NXT Buy Signal

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

Source

(Back to the Index)

 

  • TradingView – ARDR/BTC

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

Source

(Back to the Index)

 

  • Finanzen.net –  US Dollar-NXT

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:

Live stats from the Nxt Blockchain Asset Exchange:

(Back to the Index)

 

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

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

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

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

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

Nxt News – September 2017 (III): The Best Preparation for Tomorrow is Doing Your Best Today

September 2017 (III)

Welcome again, fellow Nxters! Fall is now here and we have the major news of last week. The IGNIS ICO will soon go into the Fourth Round, Riker visits China, and much more. You are in the right place for comprehensive coverage of all things Nxt / Ardor / Ignis.

Whether you are a long time reader or a new one, we here at Nxter have news for you. All the highlights of the last week in the exploding blockchain space are covered here. We aim to keep you informed and up-to-date, dear readers. Lean back and absorb all of our hard work as we present you the news of last week.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

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

NXT COMMUNITY

  • IGNIS ICO

The IGNIS ICO third round ended last week. All 100 M tokens were purchased. This demonstrates the continued popularity and interest of the ICO and Jelurida thanked all who participated. The fourth round starts this week on September 23rd.

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

PR about ICO Promotion

Bounty Portals - Ignis Crowdsale Review
CryptoRated - Top Platforms for Launching an ICO

Source

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  • Token ICOs - Learnings from the Ignis ICO

Riker speaks about Nxt, Ardor and the IGNIS ICO in this informative video, recorded @ the BigchainDB meetup in Berlin.

  • Nxt
  • Smart transactions
  • Proof-of-Stake vs Proof-of-Work
  • NRS Showcase
  • Common problems: Blockchain bloat
  • Common problems: Dual Usage of tokens
  • Problems solved: Introducing the Ardor Platform
  • Ardor Showcase
  • Jelurida's Roadmap - launch, prunability, subnets, etc
  • IGNIS Crowdsale on the blockchain
  • Questions from the audience - AMA

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  • Ardor.World - Nxt Ardor Services

Sergei Chumak has made this interesting webpage as well as a new Telegram bot.

Sergei Chumak:
With this bot you can:- check rates (Nxt, Ardor, Adel)
- check rates (Nxt, Ardor, Adel)
- check balance of your Nxt-account
- subscribe to notifications of receipt of coins and messages to your Nxt-account
- find answers to frequently asked questions of the Nxt-community

Go to https://telegram.me/ardor_world_bot , click start.

So you can press the buttons underneath. Now only available as PM to Ardor World bot. Not in groups yet like the tipper bot nxtswe made for slack.

I added a link to the zip archive of the Nxt blockchain on the site.
https://www.ardor.world/nxt_blockchain/

Source

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  • Ardor vs. the Competition: NEM

A new article in the "Ardor vs. the Competition" article series has been published.

Lisk was the first of this amazing series, now NEM/ Mijin / Catapult is the feature in the second installment by Segsfaultsteve.

Segfaultsteve introduced the series as such:

I recently decided to start a series of posts that compare and contrast Ardor with other blockchain projects that appear to have similar goals or features.

Ardor vs. the Competition, Pt. 2: NEM/Mijin/Catapult

Daegalus - NEM fan

This is a fantastic write-up. Ardor and NEM are two of my favorite coins and I commend the writer for being so neutral and fair.

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  • Chinese Community - Riker is here 

Riker arrived in China to spread news of Ardor to the Chinese public. China is the largest market in the world for blockchain transactions and news. His hosts were very excited to meet him!

Learn more about Lior's days in China from his latest blog posts.

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  • Crypto Woman - Let's Build a Blockchain Together!

Elizabeth, aka CryptoWoman (aka QBTC), was an early contributor in the Nxt community and among the co-founders of Nxt Foundation. In this video, she talks about one of the many uses of the blockchain.

She writes:

I've been excited about the possibilities of the NXT blockchain since 2013!

In November the NXT technology is expanding possibilities with the launch of ARDR. Businesses will be able to either clone NXT or build their own childchain on ARDR. And it's easy! I'm going to show you how. I'm going to build a blockchain and record the whole process and blog about it and talk about it here.

I invite you to join me and the NXT community as we demonstrate how powerful the NXT and ARDR platforms are and how easy they are to set up and use.

Follow me here, on Twitter @TheCryptoWoman or blockchained.business to watch this blockchain develop.

  • Preparing to Build My Blockchain

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  • Meetup in Zurich

Travin Keith announces:

We will be having a casual Nxt/Ardor/Ignis meetup at Sips Pub (Schaffhauserstrasse 380) in Zurich this Friday at 17:00.

If you can come, let me know so we can reserve a big enough table!

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  • Jelurida will Attend "Blockchain Solutions Forum" in Barcelona

Jelurida announced that they will attend the three-day forum in Barcelona.

Other confirmed Nxters that will attend the event are:
RubenBC (Nxter Magazine), VanBreuk (Nxt Foundation), Travin Keith (Nxt Foundation).

Throughout the three-day conference we will give the stage to some pioneering blockchain projects from all over the world. The common thread is that all the presenting companies and persons have decided to raise working capital by launching a token crowd sale (also know as an ICO or ITO). The aim of this session is to gain a deeper understanding of what type of applications are coming on the market, as well as give investors more information about crypto investment opportunities.

Introduced by: Roelof KramerDirector, BECON (Netherlands).

Source

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NXT AE

  • Adel - Status Update

Adel will attend new more conferences and has announced their first official project for incubation; a Crypto Financing Platform.

They write:

Adel is proud to announce the first official project for incubation, called the Crypto Financing Platform.

This will be a Fintech project that will run on the Ethereum Blockchain, utilizing smart contracts. This project has been created by the Adel R&D team, and will be shortly released for idea incubation to the community.

The project aims to offer a blockchain-based application that can provide liquidity to investors and returns for passive holders, in the form of cryptocurrency loans with other cryptocurrencies as collateral.

http://www.ifin.io/

Upcoming Events

Adel will be speaking at the ICO Event in London, on 11th October

Adel also has a speaker slot at the Cryptocurrency World Expo from 1-2 of December 2017, in Warsaw, Poland.

Follow Adel In Medium

 

More info

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  • Bitswift - Status Update

Bitswift updates us:

We finally received credentials to the LG Global Service Front System (LGs partner portal). This means we will be able to sell LG products that require LG authorization on Bitswift.shop, as well as our reps will be able to support LG products and deal with LG warranty matters.  Life is Good.

For the newbs:

Bitswift is an open digital economic ecosystem comprising of community and companies collectively working together, enriching lives through technology.  Bitswift provides a live public road map that allows community transparency and also allow community members to vote on products and features they would like to see in the Bitswift ecosystem. For those interested, business progress and ideas can be found here: https://trello.com/b/7vrDKOSn/bitswift-roadmap

  • Our primary focus at this time is the Bitswift.shop and preparing the brand packs that will be used for onboarding new reps across Canada.

  • We are still looking for developers who are experienced with the Nxt / Ardor API, PM me if you are interested.  Thank you.

September Client Newsletter: http://pr-cdn.oneaffiniti.com/campaign/123865/html/201709-Lenovo-EBG-CA-Bitswift-Technology-Solutions-20170912-123865.html

 

More Info

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  • Janus - Status Update

bjorn_bb:

Right around the end of October/November will be an appropriate time I feel for some blogging again. Things should be in position by that point so the information is clear and public on our current development. Ideally the shift to Ardor will come around the time our work for the year-end delivers. If Ardor isn't ready then we can launch then transition.

Withdraw your balance from ETCBets!

 

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  • Blockchainzoo - The New DeBuNe?

We have been waiting for some time for news of Roberto Capodieci and his asset DeBuNe. The last thing we knew was that DeBuNe needed a rebrand and Roberto was preparing the legal issues associated with an ICO; in which DeBuNe's tokens will have a role. Finally, we have fresh news to announce.

 

Roberto has confirmed his attendance and will be one of the highlights at the next blockchain event organized in Bali on October 27, along with other personalities of the blockchain industry.

Learn more about Roberto and DeBuNe here:

DeBuNe – a Decentralised Business Network on the move
DeBuNe - News and Upcoming ICO

More info

 

 

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DEVELOPMENT

  • Monopoly Game Powered by Nxt

In a testament to the creative nature of the Nxt community, a Monopoly app is being built on top of Nxt.

btc2nxt, an early Nxt community member, writes:

There are some computer games using crypto-currencies, like Cryptokingdom, Vox, Augur and so on. Huntercoin is a game on blockchain launched in 2014 based on bitcoin source code. Cutting edge of the Huntercoin is human mining.

In this introduction, I will introduce Monopoly like game powered by Nxt chain. Nearly all coins will be distributed by FSM which is similar to AT (automated machine), after players jump to the location of the coins in next block, they will share the coins. There are lands in the game too, so players can buy lands to build hotel, restaurants, healthy club and weapon factory, which can be traded in asset market in the game also.

Features: Total supply: 1 000 000 000 Premine: 4% (for forge use and marketing) Block time: 1 minute Distribution per block: 600 (100 to dev and marketing) Map: 100*100 Lands: 68 (30 for hotels, 30 restaurants, 1 health club, 1 martial art center, 1 weapon factory¡­) Role of player: jumper (collect coins), boss (owner of hotels), worker (build hotels and so on)

Join the Thread

Github

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NXT IN THE MEDIA

  • Lior Yaffe in Medium - China Update #1 

Follow Riker and his adventure in China as he attends the Meetup.

He writes:

After a short rest, we went to a meetup which was organized by the Australian chamber of commerce (I think) to introduce blockchain startups. Again there was lot’s of good vibes (in spite of the news). Nobody jumped from the roof, everybody talked about their future plan including one Chinese developer who now needs to return 50M$ worth of tokens.

As an added bonus, the team somehow arranged me 5 minutes speech in front of the crowd, in which I pitched NXT and Ardor like there is no tomorrow.

Source

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  • Lior Yaffe in Medium -  China Update #2

The second update on his week in China.

Rainy day in Shanghai

Another busy day in Shanghai, had several meetings, made several useful connections and discovered interesting leads. Some information is bit sensitive so I won’t discuss in detail in this forum. I would only say that the Chinese are already thinking about the day after the exchanges would close and preparing accordingly.

Thanks again to Lege and Ziggy who had the dubious pleasure to follow me around in the rain and traffic jams and for anyone else who was involved in scheduling the meetings.

Source

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  • Lior Yaffe in Medium -  China Update #3

Saturday, started the day, with a long filmed interview with Ding about NXT, Ardor and life in general, this interview will be part of the documentary film prepared by the team. We then had the NXT Shanghai meetup.

Today, after eating a Peking Duck, headed to the Beijing meetup, in a great location with 30–40 attendees.

Source

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  • Donau Universität Krems - Center for Applied Game Studies - and Blockchain Cooperation with Jelurida (Nxt/Ardor) and Synereo (AMPS)

Alexander Pfeiffer, DUK, wrote about their upcoming blockchain cooperation with Jelurida and Synereo:

Doing my research for several month I switched all my developing plans first from Ethereum to Ethereum Classic and finally decided several weeks ago to fully go on Nxt and later Ardor for my plans regarding setting up new ecosystems

I am sure at this point that Ardor will have the same impact on the blockchain as WordPress had for the internet and blogging.

Source

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  • CryptoCoinUpdates - The NXT Blockchain Will Change How We Vote, Transfer Money, and More

Piece by CryptoCoinUpdates on the importance of the NXT blockchain and especially focusing on the importance of the functionality and versatility value:

New Voting Mechanism For A More Honest Future

Nxt has developed a voting mechanism that can transform voting systems all across the world, so that we no longer need to deal with political corruption and inaccurate results. The decentralized nature of blockchain technology provides a potential solution to common voting problems, such as double voting or people’s inability to make it to the polls on election day.

BNP Paribas’s Private Blockchain

BNP Paribas is also experimenting with a private blockchain based on Nxt. In a world that boasts a global economy, there are still many burdens that limit one’s ability to send money or make a purchase from across the world. BNP Paribas utilizes the Nxt technology to develop a blockchain that will ease these burdens among BNP customers, deemed by the company as a “cash without borders project.”

“I truly believe that blockchain technology has the potential to change the world for the better,” said Lior Yaffe, Cofounder and Senior Developer of Jelurida, “The Nxt voting feature, as well as BNP’s adoption of Nxt technology, are just the first steps of many in order to achieve this goal.”

Source

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  • Financemagnates - BNP Paribas and Accenture Spain Test Nxt Blockchain Technology

BNP Paribas is adopting a private Nxt based architecture.

BNP Paribas is also experimenting with a private blockchain based on Nxt, to reduce the limits on one’s ability to send money or make a purchase from across the world. BNP Paribas utilizes Nxt technology to develop a blockchain that will ease burdens among BNP customers, described by the company as a “cash without borders project.

Source

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PRICE EVOLUTION

  • TradingView - NXT

https://www.tradingview.com/chart/NXTUSDT/wfu9Rwn2-NXTUSDT-150-Profit/

NXTUSDT +150% Profit — trading idea and price prediction for NXT / Tether USD (POLONIEX:NXTUSDT) from trader Leniex (2017-09-18).

https://www.tradingview.com/chart/NXTUSDT/aQAiLWy7-NXTUSDT-64-target-profit

NXTUSDT 64% target profit — trading idea and price prediction for NXT / Tether USD (POLONIEX:NXTUSDT) from trader DianKemala (2017-09-18).

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  • TradingView - Long ARDR rock bottom

Ardor has bottomed out, buyers should take control now as the network is preparing for launch and awareness is rising. TP1: 4200 TP2: 5200-6000 TP3: 12000-20000

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

Live stats from the Nxt Blockchain Asset Exchange:

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And that is all for this week, Nxters.

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, visit our site. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this great 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!

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

Nxt News – September 2017 (II): An Investment in Knowledge Always Pays the Best Interest

September 2017 (II)

 

Welcome again, fellow Nxters! The third round of the IGNIS ICO continues! Last week was a busy week with many mentions of Nxt / Ardor / Ignis on many platforms. Nxters are meeting up in China, Lior Yaffe has advice to dole out, a new version of the NRS client and more await in this issue. As always we welcome both our new and long time readers as we provide you with your go to source for comprehensive coverage of the blockchain space.

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • IGNIS ICO

Round 3 of the IGNIS ICO is underway, and the first two batches have sold out. Interest is high in this ICO, and that is good news for Jelurida and the entire Nxt community. The third round of the IGNIS crowdsale is divided up into four offers of 25 M JLRDA each, all priced at 1 JLRDA for 0.76 NXT.

The IGNIS ICO is a public barometer of the public’s interest in the Nxt and Ardor Platforms. With Ardor due to launch in Q4 of this year, Jelurida needs to know how to split up their dev resources. The funding raised by Jelurida, which owns the IP for Nxt / Ardor / Ignis, is directly going towards actively developing the Nxt platform and Ardor ecosystem. So far Jelurida has procured enough funding to actively support Nxt for, at least, the next three years with a dedicated and staffed team.

Kristina from Jelurida promotes the ICO:

Kristina: The time schedule for the third IGNIS ICO round is now published on our website.

The second batch of Round 3 sold out within about an hour, which is a record – as all prior batches until now have been sold even before Jelurida’s sell order hit the blockchain! So if you gave up on placing buy orders because of the competition, now is a good time to give it another try.

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

Source

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  • Submit Your ArdorPlatform.org Revamp Proposals

We need your ideas! The ArdorPlatform website is a work-in-progress, and we need community support to improve it. To all of you who have messaged us about the website mentioned above, we are willing to review and pay for your help enacting the approved proposals. We know there is community interest.

For all of the talented developers and designers out there in our audience, reach out to Travin, our marketing director by this coming Friday, Sept 15th.

Travin outlines the requests and submission formats below:

Website Details

Purpose: To provide an informative website for businesses, organizations, and project leaders to familiarize themselves about Ardor to help them make a decision on which blockchain platform to use for their needs.

Content Requirements

  • Front page with general overview
  • Page going over how child chains work (pruning, bundling, etc.)
  • Page going over the features available to child chains
  • Sub-pages going over each feature
  • Special page going over the benefits of using an asset created on Ardor
  • Page going over information useful for users
  • Blog-style page going over the latest non-experimental version
  • Download page including information on navigating the client
  • Contact page with a form for formal inquiries and social media/community link

Proposal Content

In your proposal, please include:

  • Portfolio of previous work
  • Team information and respective backgrounds
  • Rough drafts (can be sketched) of page layouts
  • Budget request in EUR (payable in crypto) and time frame

Ardor Media Kit and Style Guide: https://mega.nz/#!kDhBhSiD!6_hqMf8hv5ByiChLt3ZnfLDO2B_TYjVve9Va-c1PPgc

Proposals should be sent to travin@nxtfoundation.io.

The deadline for submitting proposals is Friday September 15th at 00:00 UTC. 

We are counting on you Nxters! No idea is bad, we accept and will consider any and all proposals submitted. Help us provide the best possible platform for Ardor!

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  • ICO-trackers.com – IGNIS ICO Mentioned

Blockchain tokens are valued at hundreds of billions of dollars across world wide exchanges. News of the IGNIS ICO continues to grow and spread. We appreciate the coverage – all news is good news.

They write:

“IGNIS: Interchain solution.

Jelurida is developing its next generation scalable blockchain platform – Ardor, currently running on a testnet. The unique design of this platform allows the simultaneous existence of multiple blockchains, known as child chains, with many features and with their security guaranteed on a global level by the parent Ardor chain. The first child chain of Ardor will be the Ignis child chain which will use IGNIS tokens for its operation. All existing and well tested Nxt blockchain features will be available on the Ignis child chain, with multiple Ardor platform specific enhancements being added.This project is not easy, has a very strong team who already did the Ardor and NXT. You can see all the hype and potential success of this ICO in mass media.

Their third ICO has 5 windows, two already passed and you can take part in the third!

Go and check the website! ”

Source

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  • Megalodon – “The End of  the Forging Bounty Lottery Campaign”

Bad news Nxters, Megalodon is suspending his support of the Lucky Node Lottery Campaign, created by Lurker10.

Megalodon writes:

In June 2016, I launched this forging bounty program with objectives as stated in my message in tx 14808946007017009714 and my post https://nxtforum.org/general-discussion/5-million-nxt-bounty-for-nxt-ardor-forgers/msg220081/#msg220081

I planned to run the bounty “until the Forging Bootstrapper account is empty” and to continue with the Ardor balance after Ardor chain is launched.

In July 2017, I paused the forging bounty program for reason stated in this post https://nxtforum.org/general-discussion/if-you-do-not-forge-nxt-dies/msg233547/#msg233547

However, I continued to fund the Lucky Node Lottery program initiated by Lurker10, although it was not originally part of the bounty program.

I have now decided to stop funding the Lucky Node Lottery program 30 days from today and to permanently terminate the forging bounty program.

I realise that by doing so, I’ll be failing to honour my original pledge, something I really dislike. I have been thinking about this for several months, but now feel compelled to do so due to changes I’ve observed in the Nxt ecosystem over the past 14 months since the launch of this program.I also realise that there may be some among you who have committed resources to participate in this program, and my decision to prematurely terminate it may cause you some loss, even with a 1 month notice. If this is the case, please PM me with details & justification and I’ll consider offering you a reasonable compensation.To everyone else, thanks for your participation and please accept my apologies over this decision.

Goodbye… Megalodon going into extinction the second time.

Source

More Information

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  • Ardor vs. the Competition

Segfaulsteve wrote a wonderful and detailed account of Ardor and the many advantages it has over the competition. This first post in a new article series highlights the technological supremacy Ardor over other competing technologies and this first installment talks about the LISK blockchain and the functionality provided by it.

Segfaultsteve introduces the series:

I recently decided to start a series of posts that compare and contrast Ardor with other blockchain projects that appear to have similar goals or features.

Ardor vs. the Competition, Pt. 1: Lisk

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  • Chinese Community – Nxters are Organizing a Meetup in Shanghai

For all of our Chinese readers, there is an upcoming Meetup in Shanghai about the potential of the blockchain, specifically the solutions provided by Ardor. The security of the Nxt voting system will be one of the main topics of interest for the night. The Chinese have long wanted a member of Jelurida to visit, and Lior Yaffe will be the keynote speaker! Space will be limited so sign up early to make sure that you can come.

  • Nxt Voting System 

Promotional video explaining a use case for the Nxt voting system in Chinese.

 

  • Lior Yaffe will be there

Hooray!

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  • Capodieci – NxtWiki Hosting Migration

Blockchain expert Roberto Capodieci, partner of the Nxt Foundation, CEO of DeBuNe, and founder of TheSoundKey and Go.Notifile.me has made the following announcement about the Nxt Wiki:

Roberto is involved in the Nxt community – since the beginning, devoting not only a lot of efforts to it during all this time but also money from his funds, such is the case with the hosting of the NxtWiki for all the community. We are extremely fortunate to have him around. Thanks, Roberto, we appreciate it!

Capodieci also wrote an interesting chapter for the first book about Nxt (Snapshot, Nxt – Unsurpassable Blockchain Solutions) called NXT – A REVOLUTIONARY TOOL FOR BUSINESSES, where he explains how an incredible tool Nxt’s blockchain can become for business.

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NXT AE

  • Janus – Status Update

Janus is busy working behind the scenes. They are building the websites indicated on their roadmap.

Janus announced:

Bjorn further informs the community:

bjorn_bb [11:42 PM]
Some things from my part will be coming out but in stages that will eventually connect to Trademimic. Fairly soon if things go as planned, keep the faith we are following through with operations on a budget that is 1/50th of most startups.

This sometimes requires creativity in work, such as Bjorn learning minor programming skills and the rest of the team has to take on roles we needed but had to do ourselves. Don’t lose faith yet, it’s not over till I’m dead.

Expect the unexpected though, expect changes.

Withdraw your balance from ETCBets!

You can find a list of all paid dividends here. Also, follow the Janus news on https://nxter.org/janus, and Janus Twitter.

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  • Adel – Status Update

Adel had a busy week, with Gabriel Dusil speaking about start-up incubation in blockchain communities at the Blockchain Conference last week. Adel also announced a new event they will present at an upcoming event.

Join the new Adel Bitcointalk thread! ADEL ▲ 1st AML-CTF-KYC Compliant Digital Currency Ecosystem ▲ $ADL

New event confirmed where Adel would be presented.

Follow Adel In Medium

 

More info

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  • Bitswift – Status Update

A friendly reminder – the Bitswift token swap is still ongoing. Manual claiming instructions included on bitswift.press. Make sure your assets have migrated to the Nxt platform.

 

Source

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DEVELOPMENT

  • NRS Update – Version 1.11.9

A new update is available for the NRS client – V1.11.9.  This is the latest and most secure and stable NRS client, and for those who want to continue to participate in the IGNIS ICO, we suggest that you upgrade.

Changes are as follows:

Change log:

Performance optimizations of derived table trimming and pruning, should fix the issues some nodes encounter with these database operations taking too long.

Other minor bugfixes.

Updated Android client app

Android app https://bitbucket.org/Jelurida/nxt/downloads/nxt-client-1.11.9.apk
sha256 – 1997d7c5865271d899cebe8fe4f6e96e830420392e1a09967c0a3cb0a2bcd1ee

Download the Client

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  • Weekly Reminder – Scam Alert

One of the scariest factors of decentralized platforms is that there are individuals who use it as a means to defraud people. There are no authorities vetting the claims made by anyone. Trust the veteran community and research the account and token ID’s of anyone before you make a transaction. Be careful guys; we continue to raise awareness. Read the following threads in order educate yourselves and prevent the latest scams from affecting you!

  1. Tutorial: Nxt Asset Exchange
  2. SCAM ALERT: JRLDA is NOT JLRDA
  3. Beware of Fake ARDR Assets on #NxtAE

Riker reminds us:

Scam alert
Only buy the JLRDA token using the “IGNIS Token Sale” page in the official wallet.

Do not buy any other currency, asset or marketplace goods pretending to represent the Ignis token. These are all scam entities which will make you lose your NXT.

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – Thoughts about Blockchain Development

Lior himself provides his thoughts about the growing blockchain space and the importance of embracing and supporting this technology now and in the future.

Source

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  • Lior Yaffe in Medium – Using Nxt as Crowdfunding Platform

Man, Lior is busy these days. Between developing for Nxt / Ardor / Ignis and traveling to China, he finds the time to write about the many uses of the Nxt platform. This post is about the crowdfunding aspect of Nxt.

Summary

The Nxt blockchain provides several simple, robust and secure crowdfunding models which do not require the implementation of complex smart contracts or complex web site back-end and considerably reduces the security risks.

Source

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  • Lior Yaffe in Medium – ICO Pruning “The Ultimate Guide to ICO Selection”

Lior wrote about the need to be prudent in your ICO investment, not all platforms and technologies are created equally well. Make sure that any offer you want to invest in is researched before you give them your hard earned money.

He explains:

To summarize, ICO represents a very attractive option to raise funds for both the entrepreneurs and small investors. However investors are urged to use caution when evaluating ICO offerings and only invest in those offerings which represent real technological breakthrough and pragmatic solutions to real problems.

Source

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  • Lior Yaffe in Medium – Blockchain Based Voting

News flash! Voting is important – and ensuring the integrity of a vote is of vital importance if you want to maintain the trust and support of the voting public. The Nxt platform is an excellent means to provide a secure and reliable vote, from the ID and registration process, all the way down to counting the ballots at the end.

In this article, Lior explains blockchain distributed platform voting.

Source

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  • Lior Yaffe in Medium – Blockchain and Digital Signatures

If voting is the key to maintaining the trust IRL, on “the internets” – or as it is widely known, “a series of tubes” – digital security is essential. Encryption is key to providing digital signatures for verifying identities and establishing trust. The blockchain is inherently secure, and Lior has worked with governments and universities while developing the Ardor and Nxt platforms on these very issues.

He writes:

 

Connecting your government issued ID card with your NXT account can be accomplished using account properties and information can be encrypted when necessary using encrypted messages. Furthermore, specific encrypted messages can be shared securely with a 3rd party. All this functionality is available out of the box using public APIs based on Http and JSON.

Using Nxt (and in the near future Ardor), you can receive the PDF document by email, hash it and send the hash using a message transaction back to the issuer to provide a signature proof which is impossible to counterfeit (as long as you keep your passphrase secured). You can even submit the document itself to the blockchain to store it as a data cloud prunable attachment or as a message attachment.

More complex procedures like multi-signatures can be accomplished using phased transactions which provides a list of required signers in order to authorize a transaction.

In fact, Jelurida the company developing the Nxt and Ardor blockchain platforms will be cooperating with governments and universities to make this vision a reality.

Source

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  • Gabriel Francesch In Medium – Explain Ardor to me Like I am 5

Gabriel Francesch, a partner at Coinerz Group, founder at Kotoba Translation and NXT Foundation supporter, wrote this interesting and informative article on Medium:

…the Ardor platform is much more than a cryptocurrency. It is a platform that will become the backbone of a powerful ecosystem, including a large number of assets, currencies, and most importantly child chains…

Source

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  • HuffingtonPost – Blockchain is Here, And You Can’t Ignore It Anymore…Even If You Don’t Really Get It

Blockchains and the crypto space are going mainstream. HuffPost will write a series about the growing importance and influence of blockchains and how they will shape life, business and even governments in the immediate future.

Nxt and Ardor both have many benefits over their competitors. In fact, companies such as BNP Paribas and Accenture have already recognized the potential of these blockchains and are implementing them accordingly.

Source

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  • BTC38 – Covering the news of BNP Paribas and NXT Blockchain Kit

BTC38, China’s most famous exchange, has relaunched two articles covering the news of BNP Paribas and NXT Blockchain Creation Kit on its blog. Articles in Chinese, click the pics to get the link.

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PRICE EVOLUTION

  • TradingView – Ardor, Where Technicals and Fundamentals Meet 1 B Potential Cap

Source

dbt1033 follows up on Bitcointalk by giving the following trading advice to his followers:

Follow the Thread

It kills me to see that people are investing precious bitcoin with so little patience.

I often see this with new investors… fomo all-in on one coin because a bunch of noobs are talking about it (good sign it’s top), then sell for a loss to fomo a lesser all-in on another.

The key to success in this game is patience.

Find good projects. Then find a good place to buy them. Then wait.

I like spreading my bets around… so I do serious research to determine how much of my portfolio I want a particular asset to represent.

For example: Ardr is a really serious project with a really serious team. It’s on several big exchanges / therefore pretty liquid. I might be ok having a bag that represents 15-20% of my portfolio on something like this. Other coins that don’t meet these criteria (they might be really ambitious but with unproven dev team… or maybe they just aren’t that liquid) might be a good pick to represent 3-5% of your portfolio.

I understand that a lot of times, when you are new… you don’t have much to play with.

If this is you (no shame, we all start somewhere), pick two projects… join the slacks so you know what’s going on. Follow twitter posts about the projects. Read the forums. This will help you judge sentiment.
Make sure to buy at a good time to minimize a drawdown….. you can take a free trading course at www.babypips.com to help you realize what is a good buy and what isn’t.

When you have entered 1-2 projects, hold on for dear life. Fight the temptation to sell for a loss (unless you really fucked up with your buy… but I’m sure you will make a few mistakes along the way.)

There is a lot of hype in crypto. Do not fall into the cycle of chasing hype. You want to buy projects BEFORE everyone else is talking about them, not AFTER. If everyone and their mother is talking about something, it’s likely too late.

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  • TradingView – NXT Q4 Technical Analysis

First of all, NXT in Q4 has lots of positive sentiments that will result in an increase of overall value. Of course, for any coins to go up in value we must have stability (No BTC drama, ICO 12.50% bans) in the market. Since upcoming news aren't really NXT news, we can expect proportional upward momentum as Ardor makes headline and rise in price exponentially.
First of all, NXT in Q4 has lots of positive sentiments that will increase overall value. Of course, for any coins to go up in value we must have stability (No BTC drama, ICO 12.50% bans) in the market. Since upcoming news isn’t NXT news, we can expect proportional upward momentum as Ardor makes headlines and rise in price exponentially. To explain Ardor, it is a complimentary token to NXT which allows all its child-chains to utilize NXT technology. Therefore we can pair them both up when there’s a price movement.

https://www.nxter.org/nxt-news-september-2017-i/ <—— More information on NXT, Ardor and Ardor’s Childchain.
https://www.jelurida.com/ico <——- Jelurida ICO 12.50% sale dates and price.

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

 

Live stats from the Nxt Blockchain Asset Exchange:

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And that is all for this week, Nxters.

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, visit our site. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this great 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!

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

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Nxt News – September 2017 (I): Dreams and Dedication are a Powerful Combination

September 2017 (I)

 

Welcome again, fellow Nxters! September is here and summer is ramping down, but we are not ramping down our coverage of the world of blockchain news. Last week Round 2 of the IGNIS ICO ended; Janus and Adel were busy, a new crypto site launched, Ardor looks for revamp proposals and much more.

As always, we provide comprehensive, yet accessible coverage of the rapidly evolving and growing blockchain world. For our long time readers we have the latest events; for our new readers, we have the info to make you an expert in no time at all. Sit back and enjoy.

 

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

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

NXT COMMUNITY

  • IGNIS ICO 

Round 2 of the IGNIS ICO ended on Thursday. Another Round, another successful batch of Jelurida tokens purchased. 80 M tokens sold out and more money was raised by Jelurida to continue active development and support of the Nxt and Ardor ecosystem for many years to come. Jelurida reached Level 3 of their funding goals. Detailed coverage can be found in our media section and latest ICO Report 5.

IGNIS ICO Report 5

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

Live stats:

Source

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  • NxtFoundation – Submit your ArdorPlatform.org Revamp Proposals

Attention Nxter community – we need your help! The ArdorPlatform website is accepting proposals on how to improve. Marketing guru Travin writes:

Over the past few months, I’ve received multiple messages of people interested in working on the ArdorPlatform website, usually after criticizing me about the quality of the website that I built, with which I usually joined in since the site has been much of a pain for me, both with my head and my hands, and one that I admit could and should be done a lot better. However, all of them ended up not proceeding with a proposal for various reasons.

I have decided to open things up now publicly for proposals to improve the ArdorPlatform.org website as well as the budget requested for them.

Proposals must include website development, website design, and content creation (I can help with this).

Please don’t send proposals that involve just suggesting what I should do if you’re unable to handle all three, but feel free to find others to collaborate with and submit a joint proposal. Hosting, however, will still be provided by the Nxt Foundation until further notice.

Proposal Content

  • In your proposal, please include:
  • Budget request in EUR (payable in crypto) and time frame
  • Portfolio of previous work
  • Team information and respective backgrounds
  • Rough drafts (can be sketched) of page layouts

Content Requirements:

  • Front page with general overview
  • Page going over how child chains work (pruning, bundling, etc.)
  • Page going over the features available to child chains
  • Sub-pages going over each feature
  • Special page going over the benefits of using an asset created on Ardor
  • Page going over information useful for users
  • Blog-style page going over the latest non-experimental version
  • Download page including information on navigating the client
  • Contact page with a form for formal inquiries and social media/community links

Ardor Media Kit and Style Guide: https://mega.nz/#!kDhBhSiD!6_hqMf8hv5ByiChLt3ZnfLDO2B_TYjVve9Va-c1PPgc

The deadline for submitting proposals is September 15th at 00:00 UTC.

Source
More Info

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  • Coin Berries – Featured Ardor and Nxt

A new website launched that aims to concisely summarize cryptocurrencies. They featured Ardor and Nxt and we are appreciative of the coverage.

In their own words:

Hey guys,

My brother and I just launched a new website, CoinBerries.com, to help people learn about many of the top cryptocurrencies by providing concise and (hopefully) accurate descriptions for each coin. Right now, the process of learning about new cryptocurrencies is time intensive and typically involves going to multiple sources (e.g., company website, news sources, reddit pages) to get a clearer idea of exactly what each coin does.

Source

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  • Russian Community – How to Participate in Ignis snapshot and Explanations about Nxt and Ardor

The Russian community has a Telegram channel which covers the latest news. They provide interesting insite and comprehensive Russian language coverage. If you want to join, click here.

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NXT AE

  • Janus – Status Update

Janus was quiet for much of August but last week they discussed profit sharing, roadmap and mentioned the launch of version two of the Moneypot wallet.

In their own words:

September Dividend

Hi  Janus community,

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

You can find a list of all dividends which have been paid here: https://nxter.org/janus

Withdraw your balance from ETCBets!

How come? The day before the Janus Team tweeted: “If the ETC community would like to take over ETCBets.complease follow and dm us with proposals”.

Roadmap and Trademimic.com

Bjorn updated about the most recent and future events here.

Ascendus summarised last week:

Some side projects before trademimic.com goes live potentially to help with divs soon, but I´ll leave that to bjorn.

Information about Janus Team’s social fintech/trading site, trademimic.com, can be found here.

 

 

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  • MoneypotWallet v2  launch

In the first newsletter of the year, we introduced Moneypot.

Moneypot is the cryptocurrency casino suite and web wallet which also powers BetterBets.io.

Rubies was created to give people a new way of betting and give players, investors, and speculators the opportunity to be a part of a community of digital currency enthusiasts. The swap from Rubies to R2B2, an asset on the Nxt blockchain, was announced in December last year.

Besides becoming a bettable currency on all Moneypot v2 app sites, according to its creators, the R2B2 asset will be paying monthly dividends.

Dogedigital, moneypot.com admin, writes:

R2B2 will be eligible for the dividends created from the house bankroll.

When you are holding R2B2 on your NXT wallet or Moneypot NXT wallet, you will be able to automatically receive dividend payments from the income generated from the community bankroll while having the guarantee of being able to exchange your R2B2 for 1000 satoshi minimum.

Moneypot v2 should have been launched on September 2nd last week, but at the time of writing the latest update to their thread on bitcointalk reads:

Tackling some issues with OAuth.  Planning to get V2 up immediately after.

We will, of course, follow the project with great interest, as NXT and R2B2 will be the first altcoins supported.

 

 

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  • Adel – Status Update

A new week brings more Adel updates.

Co-founder Gabriel Dusil spoke with Neocash Radio, and updates on bounties.

Adel’s bounty program is based on services that will help fuel its ecosystem and attract new members. At the moment, these services include quality content and well produced materials such as:

A) Video promotions:
▲ Review of our website
▲ A review of our motion graphics videos
▲ Review of our white papers
▲ Review of our projects
▲ Independent personal review of the Adel philosophy and ecosystem
▲ Discuss blockchain incubation in a community environment
▲ etc.

B) Articles or opinion pieces.
This can be an independent or collaborative effort with Adel, and can include topics such as:
▲ Startup incubation
▲ Community-based ecosystems
▲ Blockchain innovation
▲ Fintech, Healthcare, IoT, ICT or eGovernment projects
▲ Crowd/angel/VC investments

C) Blog posts with prominent bloggers and vloggers, and well respected blockchain community members who have reach to a wide audience.
The main target audience include those who haven’t yet heard of Adel, new crypto or mainstream investors who would be interested in becoming an Adel member.

Please contact us at adel@adelphoi.io, if you are interested in offering one of these services, or you have a different and unique idea worth presenting. We are happy to discuss a suitable bounty reward.

Join the new Adel Bitcointalk thread! ADEL ▲ 1st AML-CTF-KYC Compliant Digital Currency Ecosystem ▲ $ADL

Adel mentioned in Medium – 15 Blockchain & Bitcoin-Focused Startup Incubators Bringing Together Cryptography, Software, and Technology

More info

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  • Bitswift – Status Update

Added a new distributor to our portfolio today, Synnex Canada. https://en.wikipedia.org/wiki/Synnex Our shop will search for products across all of our connected distributors and ship from the one that is offering the best prices

REMEMBER: the Bitswift token swap is still ongoing. Manual claiming instructions included on bitswift.press.

 

 

 

Source

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  • StocksExchange – New Dividends

Last June we introduced Stock Exchange and last week another dividend distribution of this asset was issued.

 

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DEVELOPMENT

  • Nxt Blockchain Creation Kit Video

This video explains, in an easy to follow manner the basics of the Nxt Blockchain Creation Kit launched two weeks ago Jelurida. This kit is designed to allow for new developers to learn and create useful functionality for the Nxt platform.

In their own words:

“The Blockchain Creation Kit combined with the JPL aligns the incentives of core developers and third party developers which has always been a challenge in the blockchain industry, while at the same time, maintaining the open source spirit of the project.”

To start a new blockchain project using the Nxt Blockchain Creation Kit, follow the instructions in the README.md file @ https://bitbucket.org/Jelurida/nxt-clone-starter/overview.

Also read below: Lior Yaffe in Medium – Nxt Blockchain Creation Kit

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  • Weekly Reminder – What The JLRDA ICO Means To NXT

I’m sure no one needs a reminder about the progress of Jelurida’s crowdsale.

First round of 60M JLRDA at 0.40 NXT sold out, 24M NXT were collected and fully converted to 676.71 BTC (approx. €2.5 M). Second round of 80M JLRDA at 0.55 NXT sold out, 44M NXT were collected and are being converted to BTC.

YES, there is interest in Ignis and Ardor. What this means for NXT though, seems to be easily forgotten. So, allow us, in this Weekly Reminder, to just take a look at Jelurida’s roadmap again:

Level 2 – €2 million to €5 million

• Nxt blockchain maintenance for at least 3 years after the IGNIS crowdsale
• Porting of features to Nxt where possible and not depending on the parent-child architecture.

Level 3 – €5 million to €10 million

• Support for existing community tools and services
• Further development and attention on the UI of the core wallets, including mobile versions

And that’s where we’re currently at, fellow Nxters.

Source

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NXT IN THE MEDIA

  • Lior Yaffe in Medium – Well that was Fast

Lior Yaffe also wrote about the results of Round 2 of the IGNIS ICO. The tokens sold out in record time, but do not worry as there are still three more Rounds left to participate in.

First 12 batches of 5M Ignis were sold for a total of 24M NXT the next 4 batches of 20M Ignis were sold for 44M NXT for a total of 68M NXT raised so far, which represent a value of more than 6M€ at current NXT market rate. There are still three more rounds to go, see https://www.jelurida.com/ico

…

So assuming on average that processing a block of 200+ transactions takes around 100ms. The whole 16 batches of the sale took no more than 1.6 seconds to complete making it so far the fastest crowd sale in history!

Source

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  • Revue-banque.fr – “… use cases of the blockchain”

Another spotlight on Nxt as a usecase for blockchain technology.

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

Later, an article was released about the continued efforts of BNP Paribas. And now, in a French interview with Groupe RB’s flagship journal, Revue Banque, BNP Paribas reveals that the project they call “Cash Without Borders”, and which uses a private fork of the Nxt blockchain, is running in production. BNP Paribas is an international banking group with headquarters in Paris, a presence in 75 countries, and serves more than 30 million customers between its retail banking networks in its four domestic markets, France, Belgium, Italy, and Luxembourg.

We implemented a blockchain that allowed us to be independent from the corresponding banks and the Swift network in the case of cross border cash transactions between clients of BNP Paribas. That was the Cash Without Borders project, which we executed with several corporate clients, and which was based on the Nxt protocol. These transactions were made using official currencies, without the intervention of a cryptocurrency.

We use the blockchain to register the transactions, to memorize them, to date them, and to share them within limited timeframes: while it takes 2 days – or even more – to complete a transfer via corresponding banks, we can complete it within 2 hours using the Cash Without Borders system (the step using the blockchain only takes a few seconds, and then we use other systems and processes). The clearing, settlement and reporting happen in real time and the main sources of error are eliminated.

French Nxt community member websioux comments:

The vocab he uses means it is in production. They say it does not involve any cryptocurrency but their private NXT is used to notarize transactions (of some of their corporate clients), so yes, it means production based on Nxt.

Furthermore, the interview casts a light on why NXT is chosen over, for example, Bitcoin and Bitcoin protocol-based blockchains, as well as the Ripple network.

Riker:

Thanks to Gabriel for creating the English translation of the BNP article http://www.revue-banque.fr/banque-investissement-marches-gestion-actifs/article/il-faut-deceler-les-cas-usage-les-plus-pertinen as you can see NXT is mentioned as being tested for mini bonds use case and being used in production for cross border money transfer.

BNP_Revue Banque Article_EN

Production usage of NXT by a bank even for a private chain provides great PR and trust in our technology.

Source

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  • GTNEWS – 10 minutes with the Treasury: The Port of Rotterdam

GT News discusses Ardor as an example of the ideal scalable form of blockchain technology that is improving on the blockchain bloat problem.

“There is plenty of innovation surrounding blockchain systems that allows for more flexibility than previous models.”

Take, for example, Ardor, a new scalable form of blockchain technology making transactions faster. It is a blockchain-as-a-service platform that bypasses a lot of the common issues when creating a blockchain ecosystem as well as securing it with enough nodes. It uses features such as decentralised phasing, voting, and trading.”

Source

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  • COINIST – ARDOR VS ETHEREUM

Coinist wrote about how Ardor threatens to change the blockchain space by upending and maybe even replacing Ethereum as the premier child-chain based token.

To recap, NXT and Ardor offer a competitor to Ethereum with an easier to use interface. Users can create their own digital assets and launch their own ICO’s. They can also create their own digital currencies in minutes. Nxt and Ardor also come with a built-in online marketplace, built in messaging and many more features. It’s less customizable than Ethereum, but better built in terms of security and scalability. It’s backed by an experienced team. But Ethereum is still the 800 pound gorilla in the room, and we’ll have to see if Ardor succeeds where Nxt failed in marketing itself.

Source

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  • Wallet Weekly – Ardor Blockchain Platform: 5 Things Everyone Should Know

Wallet Weekly also wrote about Ardor and explained to their audience the significance and importance of the platform.

It is not a yet-another-blockchain platform, rather it is a blockchain-as-a-service offering with support for child chains… here are 5 things you should know about Ardor…

Ardor Blockchain Platform: 5 Things Everyone Should Know

Source

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  • BitcoinExchangeGuide – JLRDA Blockchain Services Ignis ICO Tokens Opportunity?

BitcoinExchangeGuide wrote about the IGNIS ICO and spoke with great praise of Nxt and Ardor. This is good news for the Nxt / Ardor / Ignis community as it raises our awareness in the Bitcoin / Proof of Work (PoW) community.

NXT was introduced after the introduction of Bitcoin and is designed to be much more than Bitcoin. NXT uses the blockchain not only for supporting the currency and to transfer the values between accounts, but also uses minimal hardware and uses minimum power.

Ever since its launching, NXT has achieved 100% uptime and never experienced any failure. The open source community, including independent experts from various backgrounds, has done the code review for NXT. NXT is developed in Java.

Jelurida

Source

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  • Coverage: The Nxt Blockchain Creation Kit

Lior Yaffe – Riker – wrote about the Blockchain Creation Kit. Where to obtain it, how you must agree to the JPL, and about how he is excited to encourage third party development of the Nxt ecosystem.

In his own words:

Introducing the Blockchain Creation Kit

In order to allow 3rd party developers to innovate using the Nxt technology while deploying their own feature set with their own token and at the same time contribute back to the Nxt ecosystem, Jelurida has introduced the “Nxt Blockchain Creation Kit” which is released under the Jelurida Public License.

Now anyone who wants to create a new blockchain with its genesis block and its own feature set can do so free of charge, the full Nxt source code is available for enhancement. The main condition is that 10% of the new blockchain tokens has to be proportionally distributed to the existing holders of the official Nxt blockchain token (NXT) based on their existing balances.

Projects using the kit will generate a new Genesis block based on a tool provided by Jelurida. Projects which comply with the Jelurida Public Licensewill be entitled to receive development support and free upgrades to new Nxt releases.

Other coverage of the release of this kit can be found below.

Coinjournal – Nxt launches blockchain creation kit

Allcoinsnews – Nxt enables blockchain creation using nxt blockchain base

Blockchain finance – Nxt enables blockchain creation using nxt blockchain base

Source

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PRICE EVOLUTION

  • Hacked: Hacking Finance – Trade Recommendation: NXT

Trade Recommendation: NXT

Source

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  • TradingView – NXT should have a nice run soon

Source

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  • TradingView – Ardor End of the Correction on the Horizion?

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:

 

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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, visit our site. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this important 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!

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

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IGNIS ICO Report 5

Is your bid order in place? Popcorn ready?

Tomorrow, on Thursday, Aug 31st between 18:45 – 19:15 UTC, the last batch of Round 2 in the IGNIS ICO is offered. That’s the last of 4 batches, each counting 20M JLRDA tokens. The price is 0.55 NXT per JLRDA – the token that will swap 1:1 for IGNIS tokens when the Ardor Genesis block is created in November 2017. Each and every single batch until now has been sold out in 1 block.

For your reading pleasure, fellow Nxters, let’s quickly touch base with the nxtchat.slack Round 2 experience:

1st batch:

amsi [8:53 AM]
now !!!!!!!!!!!!!!!

martis [8:53 AM]
now!!!!!

gabriel [8:53 AM]
woooo

strophy [8:55 AM]
lol that went fast

josenxt [8:56 AM]
39,703.93 fee in that block? :scream:

lordcameltoe [8:57 AM]
how will I know if my transaction worked?

peter2615 [8:57 AM]
you wait… until next block, to see which offers got filled

As demand is a lot higher than the supply of JLRDA, and as the crowdsale is being held on a decentralized platform, executed under the rules of the blockchain, there were investors that didn’t get lucky. The rules are clear though and people’s different attempts to take advantage of them in the lottery, are transparent as well.

Logan summarizes:

You have to be in the same block, as the JLRDA TX. The capacity of one block is 255 TX. Higher fees are priorized to get in the block and the JLRDA TX will have a fee of 5 NXT. Thats the information you need to make a decision. But there is no right or wrong. Depends on what other people are doing.

riker [10:43 PM]

What happened in practice today was that one account NXT-GJE7-KWDJ-SFWJ-APQ6S tried to game the system by submitting many transactions with 5.2 NXT fee. I’m not sure what was his calculation. What it did is that it delayed the Jelurida transaction to the next block. But we anticipated this in advance and double checked that this does not provide any advantage to anyone.

bitcoinpaul [3:36 PM]

what can we learn from that?
dont bloat the chain with high fees, guys.

Riker

It’s a game theory problem; if everyone submits their transactions with 4 NXT fee, and a single guy with 6 NXT, this guy has an advantage. His transaction, the offer, and as many as can fit from the rest will fit in the block.

If everyone thinks this way and submits their offer with a fee of 6 NXT, all will lose, since their transactions will be included in a block before the sell offer.

forkedchain [5:33 PM]

For the latest JLRDA sell offer, there were 4 completely full blocks, each with 233 TXs, and an additional one with 58 TXs. There were 484 unique accounts that sent TXs in those 5 blocks.

2nd batch:

logan [9:01 PM]
dingdingdingding

vintash [9:08 PM]
yyyyeeees
im in!!!!

mroenne [9:08 PM]
Finally :sunglasses:

vintash [9:09 PM]
yeeeees

gabriel [9:09 PM]
YEAAAAAAH

marenkar [9:10 PM]
Whoa that’s a lot of people who got in this time.

peanut [9:12 PM]
Finally I’m in. I also noticed odd fee sizes, so I used one too just for good luck hehe

eu58 [9:14 PM]
I put 4 NXT for the fee and succeeded!

martis [9:18 PM]
I put 2 scheduled orders and both were filled. Fee was 4.9. No bot, no API, just used “Ignis token sale” link. Previous rounds were unsuccessful for me. As I reached my limit for buying Ignis, I will not participate in other rounds, so more chance for others.

forkedchain [9:53 PM]
I sacrificed a ton of ants just yesterday. ran over a huge ant bed with my mower while cutting grass, AND IT WORKED I GOT SOME JLRDA TODAY!!

logan [10:54 PM]

If i use a node with a comparatively bad connection and you use one which is a few milliseconds faster to publish the Offer TX, the chance that my orders will be filled is nearly zero, isnt it? or at least much worse compared to others

riker [10:55 PM]

Assuming you did everything else right, the more central and well connected your node is you’ll have better chance.

If you are the forger, even better, since then you have no latency.

forkedchain [11:47 PM]

well, it looks like some of my forging pool members were big winners today – all of a sudden my pools forging power has dropped by 5M.

My pool forged the golden block again. I wonder if some pool members had set up my pool as a well-known peer, and that’s why they won.

In lots of my previous attempts, my transaction was in the same block as the SELL, but at an earlier index position in the block. So I didn’t get anything. That means my latency to the forger was really good, but the forger’s latency to the p2p network (network as a whole) whereby that SELL transaction eventually found its way to the forger, was high – its all luck.

Batch 3:

jesus [8:54 AM]
woohhaaaa

thewiremaster [8:54 AM]
Go! https://nxtportal.org/monitor/

josenxt [8:55 AM]
269 unconfirmed transactions!

peter2615 [8:56 AM]
wow… NXT-3CJT-YF6A-VJ5D-DNSWR

gabriel [8:58 AM]
LOL, who was complaining about there not begin enough small transactions

mikevanegan [8:58 AM]
Booya worth getting up 2am. 295,000 JLRDA

peter2615 [8:58 AM]
lol @ NXT-GJE7-KWDJ-SFWJ-APQ6S

shugo [9:02 AM]
omg I finally got in, 4.9 fee
@all with no luck, dont give up (I almost did…)

vizanto [9:03 AM]
Your JLRDA balance 47,840 !!!!!!!!
this was my 3rd try

yelth [9:07 AM]
this was my 15th 🙁

winiusty [12:07 PM]
Hi guys, I bought while sleeping lol
strange feeling

gabriel [3:20 PM]
only problem is the people who couldn’t get in until now and are frustrated, which is totally understandable, but as time goes by, more and more of these people are getting their orders fulfilled, so it will eventually work out just fine, imo

yelth [3:22 PM]
Potentially, but I can just as easily see there as being huge problems with it later on.

potshot-rsa [3:45 PM]
I got my IGNIS at 2017/08/09 8:59:12. I’m in South Africa with a 4Mb/s ADSL connection.

jesus [3:23 PM]

@yelth, i stopped worrying about it. it´s what it is. every other setup would have been stretched to the limit as well. I can see the jelurida marketing machine start working, that´s my main concern. looking at my ARDR and NXT investment, the ICO is a good thing. if i can´t get in cheap, so be it.

And so…. 1 batch left of Round 2. Join nxtchat.slack to ask questions and take part in the discussion. And if you wonder what all the fuzz is about – oh man. The IGNIS whitepaper, and all ICO details can be found here.

These are the stats from the ICO so far:


Live data from the Nxt blockchain

Jelurida AMA on Cryptocopia

For those of you who do not know, a semi-private AMA (Ask Me Anything) session with Jelurida occurred on the Cryptocopia Slack last Wednesday, August 23rd at 22:00 CEST. Jelurida spoke at length with the community, answering many questions about the now-in-progress, IGNIS ICO, Nxt, the blockchain, and much more. Only registered members of the Cryptocopia community could participate, but since we are so well connected we have you covered!

Cryptocopia’s registration-page has been offline ever since they made the AMA announcement, but here we give you an abbreviated, “best of” version that has all the relevant information and highlights that you need to know.

myco [10:02 PM]

Hello, and welcome! The Jelurida AMA is starting now!

Our guests from the official Jelurida team are:

petko

Hi! My name is Petko Petkov. I am a software developer. I’m contributing to NXT since Jan 2015. Then participated in the design and the development of the Ardor platform.

tomi

I am also a software developer, with more than 15 years of experience. I survived the dot-com crash, worked for a few companies in the Silicon Valley, then for a small startup, then became interested in crypto and Nxt in particular a few years ago. Now I am a part of the core Nxt development team.

The other core developer, Lior Yaffe, unfortunately couldn’t attend this AMA tonight as he is not feeling well. Lior Yaffe is a very talented developer and also lately doing a big part of the project management.

kristina

I am not a developer and before becoming interested in cryptocurrencies and blockchain technology I have been working as a legal advisor. I have been following Nxt from its very beginning and when Jelurida was created last year I became an official part of the team because the developers were looking for somebody to take care of organizational, administrative and legal tasks. Now, with the company growing bigger and the upcoming launch of Ardor, I am fully occupied with work and 100% devoted to it.

What will happen with NXT?

Q

myco

I know that we’ve gone through several stages in the transition of NXT to IGNIS and ARDOR.

Could you explain at a high level what is happening with NXT for those who do not know much about it?

kristina

Ardor can be considered Nxt 2.0, because it is being built using proven Nxt technology. The Nxt public blockchain, and software, will continue to exist and be maintained by Jelurida.

There were quite a few technical reasons why Ardor had to be started as a separate platform, and it wasn’t possible to just upgrade Nxt to it.

petko

NXT is an open-source project and POS-based cryptocurrency. We are planning to continue maintaining it, but after all, its the NXT stakeholders who decide whether to use the software we develop. So, there is no actual transition – we had the idea about Ardor and decided to work on it. NXT will continue to exist one way or another. As @kristina explained, there are technical reasons that prevent us from upgrading NXT to Ardor. But we distributed the Ardor tokens to the NXT stakeholders at 1:1 ratio.

Q

dereje

With the development of ardor and jlrda, do you see nxt eventually dying out from lack of support and development?

tomi

We have promised to support Nxt for at least a year, or longer, depending on the funding level obtained in the ICO, and depending on the demand for it. We will also backport features from Ardor to Nxt, if we can hire enough developers to dedicate to that. We expect that Nxt will stay as the stable, well tested and reliable platform. And not all use cases need Ardor with its multiple child chains (which also brings complexity).

kristina

please remember that Nxt is a proven and stable blockchain with a large variety of features, a platform well suited for ICOs for example which is a functionality we plan to further enhance.

Jelurida

Q

myco

What is the development like for Jelurida?

Do you work remotely, or do you have an office where you meet?

tomi

We don’t have an office, working remotely all the time. We do plan to establish a physical office however, depending on the success level of our ICO.

Q

myco

What are the upcoming tasks that the Jelurida team is focusing on in the short term?

kristina

After our ICO is over the snapshot will follow and of course the launch of the Ardor platform.

Q

sanchopansa

How many people are working full-time on the project?

kristina

4 (3 developers and myself) + 2 part time developers.

Q

sanchopansa

How do you plan to generate revenue and when do you foresee to become profitable?

Kristina

We have several possible sources of revenue – licensing of the software for private blockchains, child chain creation, and revenue sharing with businesses that run child chains, consulting, custom wallet creation. Other minor revenue sources are listed in the whitepaper.

We aim to become profitable and self sustainable by the end of 2018.

Q

doubleqp

How much funds do you expect to need until the end of 2018 to survive?

kristina

what we have collected already is enough to survive until the end of 2018.

Q

doubleqp

So what’s your reason to collect even more money?

Kristina

For two reasons: we have a detailed plan how we can utilize the funds up to €50M.

And because we exist in a very fast growing field where our competitors raise/have raised millions which they are using for marketing and because we cannot allow a technology with such a great potential not to succeed.

marenkar

In section V3 of the white paper, (https://www.jelurida.com/sites/default/files/JeluridaWhitepaper.pdf) Jelurida goes over their plan with regards to the amount that they raise (starting on page 36). More funds raised generally means a larger team, more projects, and more business activity.

tomi

Jelurida was established last year as a corporate entity to manage the development of Nxt and later Ardor. Before that, Nxt was developed as a volunteer open source project, without a legal entity behind it. This was problematic when trying for example to license the Nxt software for commercial purposes, and when having to protect the IP behind it.

IGNIS ICO < > NXT ?

Q

myco

When will the IGNIS snapshot take place?

vanbreuk

From https://www.jelurida.com/ico, “The Ardor Genesis Snapshot will be performed at least two weeks after the end of the last JLRDA sale round”. But no exact date has been announced yet.

Q

myco

What happens to the NXT collected in the ICO for IGNIS?

tomi

We will be selling most of the NXT for BTC and fiat, because the purpose of collecting it is to provide funding for the company. We have been very clear about that in the whitepaper. Some amount of NXT, up to 40 M, will be kept by the company.

Q

myco

It seems like selling the NXT you receive in the ICO for BTC and fiat will make the NXT have a much lower value.

Who will be buying the NXT from you? people who want to hold for the IGNIS snapshot?

tomi

We have already sold most of the 24 M NXT collected in the first round, it didn’t crash the price. We expect people who want to participate in the next rounds, or didn’t have a chance to buy in the previous, to be buying this NXT. And at the end, indeed those who want to hold for the snapshot. But even after the snapshot, we believe NXT will continue to have value, and this value will probably become stable, as no major disruptions will happen to it anymore.

kristina

People believed that NXT will lose value after the Ardor asset was launched too, but it didn’t happen… It indeed dropped temporarily but after that it went back up again…

Q

myco

What new functionality is present in IGNIS that was not present in NXT?

tomi

We have a feature comparison table on the website, few things I can think of: asset dividend payments using other assets, or MS currencies, or other child chain coins; asset share increase transaction; smart phasing (a boolean composite of phasing conditions); asset control…

About Ardor

Q

myco

What is the current status of development on ARDOR? When will that be a useable technology in production?

tomi

It is running on testnet now. The multiple child chains framework is implemented and working, you can try it. We are planning a new testnet release some time before the snapshot, which will introduce some innovative features – smart phasing and asset control for example.

The pruning and snapshotting parts of the Ardor design are currently being worked on, and will not be part of the initial release, they will be ready later. See the roadmap on our website for all details.

Q

myco

What mechanisms would cause the rise in price of Ardor? What is Ardor used for?

tomi

Ardor will only be used to provide security for the whole system, it is the token used in the proof-of-stake algorithm. It intentionally has very limited other functionality, as Ardor transactions by design must remain in the blockchain (and cannot be pruned like child chain ones). Having significant Ardor stake will allow users to run forging nodes, and collect fees from all child chain transactions (converted from native tokens to ARDR by their bundlers).

myco

I can understand that value if you get native tokens from staking ardor… but why would I want to get more ardor for staking ardor if there is no additional utility to it besides getting more ardor? It seems circular. what am I missing?

petko

Ardor is like the mining hardware in bitcoin, minus all the wasted electricity

marenkar

For child chains to run, bundlers will need to exist to collect child chain tokens and then pay ARDR to the forgers to process the transactions. Any account can opt to be a bundler as long as they have ARDR and set the rate they want for accepting child chain coins relative to the ARDR paid out to forgers. Transaction fees paid out to forgers will be fixed based on the amount of data processed and/or the type of transaction and have a similar fee structure as that with Nxt ( `https://nxtwiki.org/wiki/Transaction_Fees` ).

In terms of value, assuming all other things held constant, the more child chains on Ardor and the more activity on the child chains on Ardor, the higher the demand for ARDR as the need for it increases to handle the increased demand for transaction processing.

Q

oojacoboo

So Jurlidia needs money to develop Ardor so it can try and sell sidechains to companies?  That the tldr; ?

tomi

Child chains can be useful not only for companies, but for the general public, even when there is a company behind a particular child chain. For example a pegged child chain, with token value fixed to fiat currency, maintained by a 3rd party business who charges commission on entry and exit from the system – but all users than can transact with this currency on the blockchain, denominating their transactions in it. And the Ignis child chain, for which the ICO is being conducted, will always remain decentralized and accessible to everyone.

kristina

not only creating child chains, but also private blockchains – it depends on the use case

and please note that the Ardor child chains are not side chains. The difference between them is explained in our Whitepaper.

Link to white paper – `https://www.jelurida.com/sites/default/files/JeluridaWhitepaper.pdf`

Link to page about side chains vs child chains – `https://www.jelurida.com/child-chains-and-side-chains`

Q

sanchopansa

What are the major industries/verticals that you are hoping would be using NXT?

tomi

Banking and financial sectors, asset issuance and trading, voting (including shareholder meeting voting), crowdfunding. We have been in talks to several banks that are testing internally our technology, but since this is under NDA I can’t mention names until it becomes publicly known.

Q

sanchopansa

Do you have any commercial partnerships/deals that you can talk about?

kristina

The ones not covered by NDAs – we have partnerships with companies/projects like TLVC, Beecrypt, Bitswift, Sigwo Technologies and quite a few others to be announced soon…

Q

sanchopansa

If I understand correctly, you’re in the blockchain-as-a-service space so that would make Stratis, Lisk, Ark and maybe to some extent Ripple your competitors. Why would any business use Ardor instead of these other options?

tomi

We believe that our parent – child chain architecture is currently unique in the blockchain space, and it opens the door for even more use cases and a greater interoperability between child chains. It also solves the blockchain bloat problem – which I don’t believe those other platforms have a solution for. Ardor is based on the tested and stable Nxt codebase, and has a very rich feature set which will be carried over to it from Nxt.

Price speculation

Q

myco

Why do you think that NXT has been left behind in price, relative to new coins coming out in the past year?

marenkar

There’s quite a lot of reasons because Nxt has existed for quite a long time, such as a lack of a proper team, which Jelurida now fills, a lack of funds, which this ICO now aims to address. Also it being the first Proof of Stake platform during a time when everyone wanted to mine held things back a bit. I made a long post about it if anyone’s interested – `https://www.reddit.com/r/NXT/comments/6m2tyd/why_did_nxt_never_catch_on/djyjxa6/`

Q

myco

What are you going to do differently with IGNIS to make a token that people want to hold?

Or will you focus on making money through corporate consulting use cases?

Petko

My personal opinion is that there is no need to do something special with IGNIS in order to differentiate it from the other child chain tokens. Same like NXT – everyone is free to clone NXT and start another blockchain and token (and there are many clones existing), but the NXT token only one

Q

oojacoboo

And why would I want to own any JLRDA tokens?  What value do they have, since this is a funding model for Ardor…

thewiremaster

The JLRDA MS tokens represent the IGNIS tokens you will get at Ardor launch.

vanbreuk

If a company is funded for developing the platform where your tokens are used, there is a much bigger chance that tokens will appreciate in value. I don’t understand the question.

kristina

Yes, we are selling tokens, that’s right. You may want to fund the development of Ardor because it will be a scalable PoS multi chain ecosystem – it will be the next big step in the blockchain industry

marenkar

Ignis will be the first child chain on Ardor. The Ardor main chain will not have substantial features as it is intended to secure the Ardor network and not be a regularly-used chain. Ignis provides an unrestricted way for users and organizations to utilize the features of Ardor, such as creating an asset or setting up a decentralized poll. Transaction fees to do these transactions will be in IGNIS not ARDR. Other child chains will also have these capabilities but they may set restrictions on them.

The JLRDA > IGNIS ICO

Q

myco

Where can we find the best instructions for how to participate in the ICO? The software used for the ICO is different than the BTC/ETH icos we’ve been participating in lately

tomi

Since we are running our ICO on our own blockchain, it is using the Nxt wallet. It may indeed look different from the BTC and ETH client, but shouldn’t take long to figure out, and especially for the purposes of the ICO we added a separate page – accessible from the Ignis Token Sale link in the header, which really makes it easy.

But do read the instructions on our jelurida.com/ico page, there is also a video showing how to do it, and we plan to post more instructions in a video or pdf too. And remember, only use the IGNIS Token Sale link from the header – do not buy any similarly named tokens/assets/marketplace goods, as unfortunately there have been scammers selling fake JLRDA or Ignis tokens.

Q

myco

What does it mean that IGNIS is “fully permissionless” compared to other child chains

kristina

It means that it is open for everybody to use freely. Other child chains will be associated with a specific use case, a company or an organization behind them. Some of them may want to implement restrictions such as KYC for example….

tomi

Permissioned blockchains is something our enterprise customers ask for, as they want to be able to control who can connect to the blockchain (read access), who can send transactions (write access), and who can give or take such permissions (admin access). Some of this functionality will also be added to child chains that may need it.

Q

lordcameltoe

How will the next IGNIS sale be handled to avoid having whales scoop up the majority of coins before everyone else?

tomi

Everyone has equal chance to participate in the Ignis sale, using our scheduled transaction feature which automatically submits their purchase transaction as soon as the sale offer is posted. And the batch will be split into 4 rounds of 20 M each, again to give users multiple chances to participate.

lordcameltoe

So the technique one person used last time to get most of the tokens has been patched?

vanbreuk

Rather than patched, the Nxt Client now allows for everyone to place a buy order in advance, before the next batch of tokens is effectively placed for sale. So the tactical advantage of that person in the first few batches is not there anymore, since anyone can do it from the client.

marenkar

I’m not 100% sure how it works but it ends up being a lottery of sorts. Some users couldn’t get in, others could. A few users were able to get in even without the scheduler though, but that was rare. Well, at least from what people claimed on Slack.

–

Thanks for tuning in, dear readers. That was an interesting and informative AMA from Jelurida. They clarified a lot of their plans and continued to bring attention to the IGNIS ICO.

For our ongoing coverage of the ICO, we have our special report series and a weekly Nxter Newsletter, that follows blockchain trends and reports on the last week in the ever growing world of the blockchain. Follow us on Twitter for important breaking updates as they occur. Stay informed and keep reading.

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

IGNIS ICO Report 4

And so, the hunt for JLRDA is about to resume.

Round 2 of the IGNIS ICO will kick off Aug 26 between 06:45 – 07:15 UTC

The price will be 0.55 NXT per JLRDA, with 80M JLRDA tokens for sale in this round.

Anyone who did their due diligence will know:

Ignis will be launched with all of the features of Nxt, plus more, and it will be created with no restrictions. When Ardor launches, hopefully, November 2017, each JLRDA token on the Nxt blockchain will be swapped for one IGNIS coin in the Ignis Genesis block. 

First child chain, so what? Well, take notice that Ignis will be unrestricted. Ardor child chain creators may choose to disable certain features or set overall rules that not everyone may agree with, as well as possibly control the supply or future distribution of coins used on their child chain. Permissioned child chains can impose restrictions on their users such as KYC/ AML, personal data protection, time-limited data retention, local securities trading laws for asset issuers, etc. But the Ignis child chain will be permissionless, available to the general public, with no restrictions on who can transact with it.

Nxt’s features are described here.
The differences between Nxt and Ardor is available here.

Ignis holders will have easy access to other child chains and benefit from services they provide. Assets, for example, are global, so assets issued using the Ignis child chain can be traded on all other child chains and vice versa. IGNIS can also be traded for any other child chain coin or even ARDR using the inbuilt, decentralized Coin Exchange.

NXT > IGNIS

You need NXT to buy JLRDA, and the NXT price has taken a good beating since Round 1.

The bright side is that the current NXT price makes 0.55 NXT per JLRDA a mighty favorable buy, also compared to the price in Round 1. Not investment advice, just saying, if you’re eager to own JLRDA, now is not a bad time to get in. Long term investors may see every round as a bargain, but do your own due diligence, read the white paper, try Nxt in production, try IGNIS and Ardor on the testnet, and draw your own conclusions. We mean it – you should ask for testnet coins here.

NXT can be bought on exchanges with fiat or BTC or with most cryptocurrencies directly in the NRS Client, using Changelly or Shapeshift.

80M JLRDA in Round 2

In Round 2, 80M JLRDA will be released, divided into 4 batches.
The 4 sell offers will be placed randomly within these 30-minute time frames:

Sat, Aug 26th between 06:45 – 07:15 UTC
Sun, Aug 27th between 18:45 – 19:15 UTC
Tue, Aug 29th between 06:45 – 07:15 UTC
Thu, Aug 31st between 18:45 – 19:15 UTC

To get a fair shot at getting in, ICO participants are recommended to place their orders using Jelurida’s official ICO sales page in the latest client release, NRS 1.11.8. Install, wait for the blockchain to download, place your order and keep the client running until the sale is over. Run the client in full mode.

As many buyers missed out on getting tokens in Round 1, we foresee another battle for tokens coming up. If you miss out on a batch, try the next one. Due to much higher demand than supply, the ICO is set up to run like a lottery to give equal chances for all.

Here’s how to attend:

https://youtu.be/NsRs0vpeNHE

The NXT to invest

When should you get in? Jelurida cashes out their NXT on Bittrex, and also the late BTC rally has been too tempting for some traders to stay in NXT. If you want to crystal ball the NXT market movements, at least be aware of this >

https://nxtportal.org/accounts/9419511406156481100

That is Jelurida’s ICO account. 3M NXT only, out of the first 24M (from Round 1), is left at the time of writing, the rest has been liquidated.

gabriel [8:35 AM]

Jelurida sells the NXT that was raised to fund the future development of Ardor/Ignis/Nxt, so while there is a strong demand for NXT, it is partly offset by the sell pressure from the ICO itself.

This is however great news for the future of all 3 platforms since they will have strong funding.

Jelurida sells the collected funds in batches on the market, to avoid a big dump, which so far seems to work according to the plan.

Plus, as summarised by Riker in nxtchat.slack:

riker [8:54 AM]

Jelurida now has more than enough resources for PR and marketing and we chose Blonde 2.0 and TLVC as our partners since they have a lot of experience in promoting the crypto/crowdsale business.

In addition we are now running full scale marketing campaigns on CMC, Google, Facebook and with anyone who is willing to cooperate and market us. If marketing and PR was indeed our problem for all these years, this problem has been solved.

Afraid of whales?

Sure, the first batches of Round were eaten by MAAC The Whale and rightfully so, due to his study of the Nxt blockchain and tests done beforehand. That said – you should stop worrying.

In case it went over your head, Jelurida solved the problem within 24 hours and released a version of the NRS Client, which not only hacked the hacker but also allowed ICO participants to place their JLRDA orders in advance of the scheduled sales windows.

Use that to buy in, and you’re good. But still, be aware not to place your order more than 24 hrs ahead of time;

When running as a full node, the Nxt software allows you to schedule the JLRDA currency buy transaction in advance, before the JLRDA tokens are offered for sale.

Since transactions by default expire in 24 h, such scheduled transactions must be submitted not earlier than 24 h before the expected time of the offer. Scheduled transactions are kept in memory, therefore restarting the node will also clear them and will require you to re-schedule them again.

Good luck. We will keep you informed.

Want to share your IGNIS ICO experience with us? Leave or comment or email us! Stay tuned and happy hunting!

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

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • Undervalued Cryptocurrencies: Ardor (ARDR)   

Crypto Coins YouTube Channel writes:

Another episode in my Undervalued Cryptocurrencies series.

In this episode I cover Ardor (ARDR)

(Back to the Index)

 

  • 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.

(Back to the Index)

 

  • “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.

(Back to the Index)

 

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

(Back to the Index)

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

(Back to the Index)

 

  • 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)

(Back to the Index)

 

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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

  • 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

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

 

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

(Back to the Index)

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

 

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

NXT COMMUNITY

 

  • IGNIS ICO

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

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

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

News from Kristina

Kristina Kalcheva, on behalf of Jelurida:

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

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

Update your NRS Client to Participate

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

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

  • Buy JLRDA with Scheduled Transactions

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

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

Source

  • Scam Assets

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

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

JLRDA scam assets

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

Live data from the Nxt blockchain

(Back to the Index)

 

  • FAQ about the IGNIS Token Sale

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

What is the JLRDA token?

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

Can I buy IGNIS tokens using Bitcoin or another altcoin?

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

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

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

When will exchanges support the IGNIS token?

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

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

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

Source

(Back to the Index)

 

  • New video introduction to the Ardor Platform

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

Source

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

(Back to the Index)

 

  • #OpEasterEgg

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

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

(Back to the Index)

 

NXT AE

  • Adel – Update – Response to SEC Release

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

In their own words:

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

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

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

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

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

 

More info

(Back to the Index)

 

  • Bitswift – Update: Bittrex Swap

Last Friday the Bitswift token swap happened on Bittrex.

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

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

Bittrex writes:

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

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

Ignis Holder Credit:

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

Unclaimed Tokens:

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

Source

(Back to the Index)

 

  • CORE Announcement

OFFICIAL CORE GROUP ANNOUNCEMENT

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

———————————————————————————-

Current Core Asset Supply: 1,000,000

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

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

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

———————————————————————————-

Current Core Media Asset Supply: 478,998

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

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

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

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

———————————————————————————-

THE SWAP PROCEDURE

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

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

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

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

Regards
Core Group
Administration

More information

.

.

.

.

DEVELOPMENT

  • Nxt Hacks – Ardor / Nxt Scripts

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

Source

(Back to the Index)

 

  • Weekly Reminder: Getting Started as a Developer

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

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

Developers

Source

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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

 

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

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

 

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-Luc, Nxt 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!