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

August 2017 (III)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • IGNIS ICO

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

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

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

News from Kristina

Kristina Kalcheva, on behalf of Jelurida:

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

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

Update your NRS Client to Participate

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

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

  • Buy JLRDA with Scheduled Transactions

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

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

Source

  • Scam Assets

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

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

JLRDA scam assets

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

Live data from the Nxt blockchain

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  • FAQ about the IGNIS Token Sale

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

What is the JLRDA token?

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

Can I buy IGNIS tokens using Bitcoin or another altcoin?

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

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

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

When will exchanges support the IGNIS token?

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

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

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

Source

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  • New video introduction to the Ardor Platform

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

Source

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

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  • #OpEasterEgg

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

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

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NXT AE

  • Adel – Update – Response to SEC Release

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

In their own words:

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

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

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

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

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

 

More info

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  • 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

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  • CORE Announcement

OFFICIAL CORE GROUP ANNOUNCEMENT

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

———————————————————————————-

Current Core Asset Supply: 1,000,000

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

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

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

———————————————————————————-

Current Core Media Asset Supply: 478,998

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

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

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

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

———————————————————————————-

THE SWAP PROCEDURE

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

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

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

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

Regards
Core Group
Administration

More information

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DEVELOPMENT

  • Nxt Hacks – Ardor / Nxt Scripts

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

Source

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  • 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

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PRICE EVOLUTION

      • Weekly NXT/ARDR Price Evolution

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

NXT/BTC

 

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

ARDR/BTC

 

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

IGNIS ICO Report 3

Only 1 batch left of Round 1!

UPDATE: no JLRDA left from Round 1! 

Round 2 will begin on August 26.

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

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

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

 

The Get-There-First Hackathon

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

Only the bot was coded by Jelurida.

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

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

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

 

Lior Yaffe (Riker) has uploaded this tutorial:

So, are we equal now?

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

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

 

Speculation and over-thinking

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

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

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

bidji [9:20 AM]

basically luck

Scor2k, developer of NxtBridge and NxtBridge-OFFLINE:

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

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

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

apenzl [1:02 PM]

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

scor2k [1:03 PM]

No )))

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

This is good.

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

IGNIS logo

forkedchain [9:39 PM]

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

napdude [9:43 PM]

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

 

“This shit project will not exist next year”!

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

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

Then they get angry.

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

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

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

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

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

Most though has found the ICO setup ingenious.

The adrenaline!!!!

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

Don’t fall for scammers

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

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

scor2k [10:34 AM]

May the forge be with you (c)


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

August 2017 (II)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • IGNIS ICO

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

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

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

New NRS release: 1.11.7

Kristina Kalcheva, on behalf of Jelurida:

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

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

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

From the change-log:

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

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

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

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

ATT: MyNxt users: Go full NRS!

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

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

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

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

More info

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

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

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

Live stats:

Live data from the Nxt blockchain

 

  • FAQ about the IGNIS Token Sale

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

What is the JLRDA token?

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

Can I buy IGNIS tokens using Bitcoin or another altcoin?

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

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

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

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

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

When will exchanges support the IGNIS token?

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

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

Many more questions are answered in the wiki.

Source

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

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  • 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.

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  • 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.

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  • #OpEasterEgg

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

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.

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  • 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

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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.

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  • 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

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  • 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

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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

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  • 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.

 

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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

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PRICE EVOLUTION

  • TradingView – NXT Buy Opportunity

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

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

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

IGNIS ICO Report 2

Did you hold your breath?

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

But look at this now:

Live data from the Nxt blockchain

69 new buyers got their hands on JLRDA  –

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

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

What’s next?

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

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

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

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

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

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

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

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

Questions?

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

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

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

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

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

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

 

IGNIS ICO Report 1

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

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

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

1st round sold out in a flash


Live data from the Nxt blockchain

IGNIS logo

Boom – first round is over…

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

And then…

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

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

What happened?

Take a look at the whale’s account.

https://nxtportal.org/accounts/11731960900805566730

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

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

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

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

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

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

The release schedule is as posted from Jelurida:

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

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

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

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

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

IGNIS ICO Report 2 >

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

August 2017 (I)

 

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

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

NXT COMMUNITY

DEVELOPMENT

NXT AE

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

  • IGNIS – New Details about the ICO

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

The IGNIS token sale and the SEC

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

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

From the Nxt forums:

Lurker – How will this effect IGNIS ICO?

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

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

Source

JLRDA coins will be sold in batches

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

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

Riker states:

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

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

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

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

Source

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  • Meetups – Riker in London, soon in Berlin

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

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

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

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

BigchainDB elaborates:

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

Source 

Berlin info

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  • Fake Tokens Warning

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

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

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

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

Riker, on the Nxt forum:

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

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

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

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

martis:

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

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

FAKE TOKENS WARNING

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

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

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

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DEVELOPMENT

      • NRS Update – Version 1.11.6

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

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

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

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

Future Nxt clones must give 10% to NXT holders.

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

Ignis ICO Page + New Improvements

Full changelog

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

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

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

Print Paperwallet

Riker explains:

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

Updated Android Client App

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

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      • Technical Roadmap – From Nxt to Ardor

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

Timeline from Nxt to Ardor

Source

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      • The Ardor API

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

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

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

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

This document corresponds to Ardor version 2.0.3e.

Source

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      • Weekly Reminder: No Handholding – Buyer Beware!

Let’s break it down once again.

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

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

PLUS:

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

From the Nxt forums

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

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

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

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NXT AE

  • Janus Update

July Dividend

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

ascendus [5:15 PM]:

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

Janus’ dividend history

Janus’ move to the Ardor platform

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

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

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

Janus: 4348103880042995903
JanusXT: 14572747084550678873
ComJNSXT: 13363533560620557665

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

Janus Roadmap

ae-Janus-4348103880042995903

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  • Adel – Update

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

In their own words:

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

*Community Portal Update*

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

*Home Page Development*

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

*Content Creation*

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

*Marketing Press & Events*

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

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

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

More info

.

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  • Bitswift – Update and Pitch

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

In their own words

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

Are you still wondering what Bitswift actually is?

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

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

We will accomplish this through our companies and community.

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

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

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

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

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

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

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

Source

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NXT IN THE MEDIA

      • Ethereumworldnews – Top 5 Cryptocurrencies To Invest For The Moment

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

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

Ardor

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

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

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

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

Source

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

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

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

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

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

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

Listen to the interview

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

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

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

Source

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      • Steemit – IGNIS ICO: What are your options?

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

scenarios_small-3.jpg

Source

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PRICE EVOLUTION

      • TradingView – NXT Entry Levels

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

Source

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      • Weekly NXT/ARDR Price Evolution

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

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

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

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

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

July 2017 (IV)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • Jelurida Details IGNIS ICO

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

— NXTER Magazine (@Nxter_org) July 17, 2017

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

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

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

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

Lior Yaffe (Riker):

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

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

Lior Yaffe (Riker):

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

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

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

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

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

Source

More info

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

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  • JELURIDA PUBLIC LICENSE

https://www.jelurida.com/jpl

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

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

Kristina:

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

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

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

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  • The Issue of the Chinese name of Ignis – 火链

marenkar:

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

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

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

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

NXT

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

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

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

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

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

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

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

Source

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  • #OpEasterEgg

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

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

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  • Ardor/Nxt – Original and unique art painting

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

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

Title:- NXT COIN 01-
Year:2017

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

Source

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

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

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  • Video Tutorial with Riker – Creating your new Nxt account

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

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

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  • SCAM ALERT: JRLDA is NOT JLRDA

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

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

Source

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  • Meetup – BigchainDB & IPDB: Token ICOs

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

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

Speaker: Lior Yaffe

Abstract:

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

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

Source

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NXT AE

  • Janus – Status Update

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

From the Janus message boards

Active Sites and Dividends

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

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

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

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

Future Plans

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

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

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

Yours in business,

 

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  • Adel – Become a Member

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

In their own words:

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

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

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

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

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

 

Membership privileges include:

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

▲ Vote on projects based on your ADL balance

▲ Submit ideas and become an innovator

▲ Communicate & collaborate exclusively with other members

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

▲ Collaborate Project Planning (P2)

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

▲ Buy ADS tokens (Adelshares), in future projects

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

 

How to Acquire ADL

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

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

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

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

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

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

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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  • Bitswift Token Migration

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

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

In their own words:

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

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

 

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DEVELOPMENT

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

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

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

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

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  • Ardor Explained, by Lior Yaffe Himself

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

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

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NXT IN THE MEDIA

  • Steemit – IGNIS ICO Date released!

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

@askaran

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

Source

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  • BtCurrencies – Ardor (ARDR)

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

Source

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PRICE EVOLUTION

  • TradingView – NXT Double Bullish Divergence

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

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

Source

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  • TradingView –  NXT Buy Opportunity

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

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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! See you next week.

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

July 2017 (III)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

The community has spoken.

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

And here are the final results:

Congratulations to our top-3 nominees!

savandra:

and bjorn_blockchain (x2):

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

marenkar (Nxt Foundation):

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

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

More information

Source

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

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

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

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

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  • Bitswift to Join the Ardor Platform as a Child Chain

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

Paul Busch, Founder of Bitswift:

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

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

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

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

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

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

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

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

Roadmap

Source

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

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

Riker, core developer, Jelurida, writes:

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

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

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

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

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

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

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

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

Source

BREAKING: ICO UPDATE

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

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

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  • Nxt.org – Overview of Main Features

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

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

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

Source

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  • Talk about Ardor in Chiang Mai, Thailand

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

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

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

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

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

Source and more information

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  • Ardor Business Case in a Nutshell

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

His summary can be read here: Ardor in a Nutshell

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

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NXT AE

  • Adel – Founders Visits Isle of Man

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

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

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

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

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

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

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

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

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

If you want to read the whole conversation click here

How to Acquire ADL

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

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

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

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

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

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

 

 

Membership privileges include:

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

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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DEVELOPMENT

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

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

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

Riker:

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

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

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

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

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

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

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

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

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

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

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

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

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

Source

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  • Weekly Reminder

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

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

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

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

The original question:

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

Riker, one of our core developers, responds:

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

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NXT IN THE MEDIA

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

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

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

Bitswift to Join the Ardor Platform as a Child Chain

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PRICE EVOLUTION

  • TradingView – NXT/USDT Bullish

Source

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

Source

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

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

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

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

July 2017 (II)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

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

Poll title is “IGNIS LOGO

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

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

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

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

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

More information

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

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  • IGNIS ICO will be held on Nxt Blockchain

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

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

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

IGNIS child chain tokens will be distributed as follows:

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

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

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

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

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

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

Source and more information

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  • #OpEasterEgg

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

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

48 hours.

Passphrase:

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

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

 

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

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

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

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

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

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  • NxtWiki – New Page regarding NXT Transaction Fees

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

Source

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

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

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

Lurker10 explains:

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

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

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

Megalodon:

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

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

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

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

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

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

Arthur explains:

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

It will cost you just 1 NXT.

Click on your balance in the Nxt Client

> Click Account Leasing

> Click Lease your balance to another account

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

Lease.

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

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

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

Source

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  • ARDOR Startpage in Heatnodes.org

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

Source

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NXT AE

  • Janus – Summary 

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

From Bjorn, the marketing director:

bjorn_bb [7:38 PM]

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

Alphonso has a contact in commercial production we may use 

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

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

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

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

https://janustoken.com

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  • Adel – Video Presentation

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

In their words:

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

 

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

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

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

How to Acquire ADL

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

You can currently purchase ADL on 3 different exchanges:

1 – NXT Asset Exchange (Asset ID: 17477397104276156702)

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

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

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

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

 

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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DEVELOPMENT

 

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

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

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

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

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

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

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

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

Source

(Back to the Index)

 

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

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

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

Clicking this widget will open the existing generators page.

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

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

Source

(Back to the Index)

 

 

NXT IN THE MEDIA

  • World Economic Forum – Realizing the Potential of Blockchain

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

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

 

Source

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

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

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PRICE EVOLUTION

  • Steemit – NXT price performance

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

In their words:

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

Source

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  • TradingView – NXT, ready for next push

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

Source

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  • TradingView –  LONG powerful Resistance area for ARDR

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

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

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

July 2017 (I)

 

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

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

NXT COMMUNITY

NXT AE

DEVELOPMENT

PRICE EVOLUTION

 

NXT

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


NXT COMMUNITY

 

  • IGNIS ICO will be held on the Nxt Platform

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

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

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

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

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

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

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

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

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  • Nxt Foundation in Money 20/20 Europe

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

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

Looking sharp Travin

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

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

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

Growing our community requires full-time work and we are indebted to the many hours of work Travin and many many others put in for us. Supporters help greatly in this initial stage. Becoming a supporter of the Nxt Foundation also comes with numerous benefits, such as being listed on this page and having your own @nxtcommunity.io or @ardorcommunity.io email address. Please note, however, that while the Nxt Foundation is grateful to its supporters, being one is not a sign of endorsement from the Foundation.

Travin Keith states:

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

Source and more information:

https://www.money2020europe.com/

nxtforum.org/news-and-announcements/nxt-foundation-supporter-program/

https://www.nxtfoundation.io/supporters

www.nxtfoundation.io/wp-content/uploads/2017/03/Nxt-Foundation-Marketing-Strategy-2017.pdf

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  • #OpEasterEgg

Hint: Try searching the Nxt Marketplace.

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

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NXT AE

 

  • Janus – Summary 

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

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

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

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

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

Best regards,

The Janusproject Team

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

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

https://janustoken.com

 

 

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  • Adel – First Members-Only Mastermind

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

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

Hello,

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

ADL Membership Rate Reveal

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

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

First Members-only Mastermind

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

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

6 New Videos

https://vimeo.com/AdelEcosystem

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

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

Thanks for your continued support and engagement.

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

 

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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

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

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

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

The ID of the TRUE Asset ARDR is 12422608354438203866.

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

 

 

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  • Transactions sent to the Ardor issuer account by mistake

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

Riker states:

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

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

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

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

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

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DEVELOPMENT

 

  • Changelly Integration coming soon to the NXT wallet

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

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

Menu item


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

Changelly Page


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

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

Buy NXT


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

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

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

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  • Ardor Testnet Reset

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

Riker:

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

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  • Weekly Reminder

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

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

No patience downloading the Nxt blockchain?

martis [7:10 AM]:

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

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

Lurker10:

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

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

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

b) Locate directory nxt/conf.

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

Mac: ~/.nxt/conf

Linux: /conf folder under the root installation

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

nxt.isLightClient=true

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

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

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

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

 

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PRICE EVOLUTION

  • TradingView – NXT One More Wave

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

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

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  • Trading View – NXT/BTC Breaking Triangle

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

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

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  • Trading View – ARDR making its way 14,000

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

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

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

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

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

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

Stay tuned next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space.

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

Nxt News – May 2017 (IV): Only Those Who Will Risk Going Too Far Can Possibly Find Out How Far One Can Go

May 2017 (IV)

 

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

NXT COMMUNITY

DEVELOPMENT

NXT IN THE MEDIA

PRICE EVOLUTION

 

Here below are more details about each of these:

 

NXT COMMUNITY

  • Jelurida – Blockchain Expo Europe 2017

Jean-Luc, Nxt and Ardor core developer, has announced that Kristina Kalcheva and Tomislav Gountchev, both members of Jelurida, will be attending  the Blockchain Expo Europe 2017 event, which will take place on the 1st and 2nd of June in Berlin. This event will be focused on learning and building partnerships in the emerging blockchain space and will explore the industries that are set to be disrupted the most by this new technology. These include: legal sectors, financial services, healthcare, insurance, energy, music, government, real estate, and numerous others.

Jean-Luc states:

Jelurida will be presented by Kristina and Tomi at Blockchain Expo Europe June 1-2, 2017 in Estrel, Berlin.

This event will be bringing together more than 1500 people across key industries for two days of world-class content from leading brands embracing and developing cutting-edge blockchain technologies.

The Blockchain Industry conference track will look at a variety of platforms and services from startups to cloud providers, including developer networks, applications and APIs as well as the impact on legal, finance and government sectors with smart contracts.

Blockchain Technologies will focus on the evolution of blockchain and its applications. The conference will explore the many launches and trials being conducted, the different uses of blockchain technology in these verticals, and the vast opportunities in these sectors.

Source and more information: https://nxtforum.org/general-discussion/jelurida-attending-blockchain-expo-europe/msg232059/?topicseen#msg232059

https://blockchain-expo.com/europe

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  • Janus – Introducing Alphonso Morris Jr

On the 18th of May, the Janus team organized an interesting Questions and Answer (Q&A) session which was moderated by Travin Keith, Marketing Director and Blockchain Advisor of the Nxt Foundation, on the #janusproject channel on NxtChat on Slack. The aim of this event was to make public the addition of Alphonso Morris Jr as the new Content Product & Marketing Manager as well as Public Relations & Brand Ambassador for the Janus team.

Travin Keith, aka Marenkar, gave the starting signal this way:

Welcome everyone to the QA with the newest member of the Janus team, Mr. Alphonso Morris jr. I have personally verified his information to be accurate based on several techniques to prove identity.

Below are some answers given by Alphonso to the questions stated by users:

Question: Who are you and what is your career experience?

Alphonso: My full name is Alphonso Morris Jr… I have several years of experience in various fields not as much in the Crypto / Blockchain world more so in the fields of Photograpy, Event Planning & Promotions. Public Relalations Director, Artist Management, Personal Assistant, Music & Television for over 20yr

Q: What ways will you help the Janus team expand grow as both a team and future company?

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

Q: What advice do you have for potential investors looking at JANUS?

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

Q: To what degree can you utilize your ‘special’ industry contacts to help your team gain an advantage with online business sites and other Janus activities?

A: From my personal experience we are only as good as our word on any level. Information is power in the right hands coming from the right people. I’ve earned mutual respect from some influential people in the entertainment industry who Iv’e worked for or with over the years. People like Ken Ehrlich (Tv Producer Grammys), AMA’s, Usher Raymond (Music Producer / Entertainer) I consider close contacts. There’s always the possibility of a outright endorsement of a product, company, idea or the like based how Bjorn wants to proccede… With my unlimited contacts in music and television it wouldn’t be a problem for me to explain Janus to as many influential people and companies as possible

Q: Since you are the brother of Boyz2Men member, do you know Beyonce through him? There’s a group trying to parody her name as blockchain.

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

Q: Speaking of Nxt, did you try to play with Nxt features? And if yes, what is your first impression?

A: Yes I have It installed and have looked at it. Its a very powerful platform!

The session extended for over an hour and there was time to discuss many questions about the present and future situation of Janus, but there was also time for sharing some personal and professional anecdotes from situations that only a person immersed in such a world as Alphonso has experienced throughout his career. No doubt he is a great addition to the Janus team.

You can read the full Q&A session on the #qa_answers channel on NxtChat on Slack.

Source and more information: https://www.nxter.org/ae-janus-4348103880042995903/

#janusproject (Link to join Nxtchat on Slack)

News compilation about Janus

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  • Adel – 20% Extra Bonus For The ICO Contributors

Adel, the blockchain project incubator that uses Nxt technology as a base to build its ecosystem, has recently published its 11th Whitepaper, titled “Foundation of a Community Accelerator”, where a new plan is outlined to make sure that enough funds are collected to move forward with building the Adel ecosystem and progressing with its roadmap.

This way, in case the 900 BTC minimum will not be reached, ICO contributors will have the opportunity to vote for the adoption of this new plan that will give ICO participants the ability to receive a new 20% Post-ICO bonus on their contributions, in addition to the ICO bonuses already achieved through the ICO. Contributors will also have the chance to ask for a refund of their contributions before this voting process takes place. You can find more details about all of the above in the aforementioned White Paper.

G. Dusil: the advantage is that 1st round contributors all get a 20% Post-ICO bonus plus their accumulated ICO bonus – contingent on the members voting on the plan outlined in the white paper. In other words, we either refund contributor BTCs back to participants, and no ADL will be issued, and no bonuses. Or contributors agree to the plan and get up to (a theoretical bonus limit of) 40% more in ADL. Make sense?.

At the same time, the Adel team has announced an initial agreement with the exchange Stocks.Exchange so that the new “Adel” token will be listed in this exchange once the ICO is over. This exchange was created by Vadym Kurylovych, a member of the Nxt communty, where, in addition to buying and selling some tokens like Nxt or BTC , you can also receive dividends on your account which are issued to token investors. This has already been done with the JNS assets that users can keep on their account in this exchange.

G. Dusil: We are excited to be working with Stocks.Exchange, as our first crypto exchange provider.

More information: ICO Portal

The Adel ICO is live

Stocks.Exchange ICO

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  • Ardor – Bundler example

On the 15th of May, Marenkar opened a 1250 ARDR bounty (i.e. around 160$) on the Ardor channel on Reddit to the first user who could correctly expand and solve a challenge. The proposed challenge was:

Set Up

Jayne is forging ARDR and let’s assume that he will forge the next block.

Mal sets up bundler with

Minimum Rate = 5 IGNIS/ARDR Therefore, a single basic transaction will cost 0.5 IGNIS because 5/1 = 0.5/0.1 where 0.1 ARDR is the base transaction fee.

Fee Limit = 10 ARDR Therefore, Alice will pay the maximum fee of 10 ARDR ( VERIFY This means that once 10 ARDR has been paid, the bundler will be shut down. )

Overpay = 0 ARDR No overpay in effect. ( EXPAND In your example, include an overpay more than 0 and explain what happens to it)

Transaction

River sends 5 IGNIS to Simon and pays 0.5 IGNIS to Mal, as he is the only bundler ( EXPAND Explain what happens if another bundler is present. What condition would make Mal be the bundler over the other bundler? Also include the information of the other bundler like how I did with Mal’s. Use whatever other name you like. ). Mal then receives the 0.5 IGNIS.

There are no other transactions in the child chain block so Mal pays Jayne the 0.1 ARDR fee to include the transaction in the block.

It did not take long before GCMartinelli, a new community member, solved the problem by drafting a detailed response which was later confirmed and accepted as valid by some of the Ardor core developers, thus winning the prize. You can see the full explanation on the Ardor channel on Reddit. We recommend that you frequently check this channel in case more bounties come up.

Source: https://www.reddit.com/r/Ardor/comments/6b8n9e/ardor_bounty_opportunity_bundler_example/

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  • Jelurida – Ignis ICO

As we already announced some months ago, the IGNIS token will be the primary transactional token on the Ardor network when it launches, and until new child chains are spawned. Ignis tokens will be distributed ~ 50/50 to NXT holders/Nxt core development team. The ~ 50% Ignis which are to be distributed to the core development team will be theirs to use to fund the continued development of the Nxt and Ardor platforms.

Jean-Luc, wrote:

Ignis will be created in the Genesis block of Nxt 2.0. At the moment NXT holders will get 50% Ignis of their NXT balance. The other 50% will be reserved for the devs, for instance to do an ICO with, or something else. As this is still one year in the future, the exact method of this is still being debated.

This week, Jelurida, the corporation that brings together all the Nxt and Ardor core developers, has announced that it’s preparing an announcement with more details about the upcoming Ignis ICO:

Jelurida will conduct an ICO (Initial Coin Offering) for most of the 500,000,000 remaining IGNIS coins planned to be created, in a crowdfunding sale, to be performed before the above mentioned snapshot. The funds collected in the ICO will be used by Jelurida to ensure the future development of the Nxt and Ardor blockchain platforms. Some small percentage of IGNIS coins may be kept by Jelurida for future use, but as the goal of the ICO is to provide financing for the company, most of the funds collected will be converted to fiat and not kept in crypto.

Full details of the ICO terms and conditions, with exact amounts and timeline, will be published as soon as all details have been finalized, but at least one week before the start of the ICO.


Source: https://www.jelurida.com/ico

Ardor and Ignis distribution

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  • Shuffling – ARDR Assets

Coin and Assets Shuffling is a core feature on Nxt which enables users to mix their funds quickly and efficiently with other users’ funds by creating a random mapping between the existing user accounts and new recipient accounts provided by the users.

A few months ago it was customary that some members of the Nxt community set up a weekly “shuffling party” to make use of this Nxt feature and shuffle some NXT in a decentralized manner with differente users, thus showing the world the potential and abilities of this platform.

Recently, lurker10 has invited the community to re-launch this interesting initiative but, this time, using the ARDR asset for the shuffling.

lurker10 states:

The first party time was amid grim times of the bear market, the link has insights for what to expect and best practices: https://nxtforum.org/general-discussion/shuffling-party-time/

Let’s do it again for ARDR asset on Shuffling Sundays?

Please remember that participants must keep their node running at the time the shuffling process takes place in order for it to finish properly, together with other minor conditions. Initially, the agreed on time was on Sundays between 15:00 UTC and 18:00 UTC, because this was the time which was most convenient for multiple time zones in order to have the largest number of participants. However, always check the active shufflings in your Nxt client to see which ones are open.

Jean-Luc also states:

One good reason to shuffle ARDR now is that on the Ardor platform it will not be shuffleable, parent chain does not support coin shuffling. Do it now before the snapshot, while it is still an asset.

Source and more information https://nxtforum.org/general-discussion/shuffling-party-time-(ardr-edition)/msg232092/?topicseen#msg232092

https://nxtwiki.org/wiki/Coin_Shuffling

https://bitbucket.org/JeanLucPicard/nxt/issues/325/coin-shuffling

http://crypsys.mmci.uni-saarland.de/projects/CoinShuffle/coinshuffle.pdf

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  • Job offer – Java / Blockchain Developers and Senior Blockchain Engineer

The blockchain industry and its applications are booming. As a result, more and more people are interested in this technology and new developers join this ecosystem everyday. Recently, some job offers were published on Nxtforum and NxtChat on Slack related to blockchain. The candidates must have enough familiarity and expertise with the Nxt blockchain. These are the job offers:

kirbypuckett states:

…The company’s developing on open source version at the moment but is in advanced discussions with Jelurida about license

Flgalaxy is a FinTech company founded in 2015 with the goal of reaching out and letting consumers and merchants have the tools needed to build lasting relationships with customers. It builds applications using the power of blockchain architecture to offer secure borderless commerce options from the ground up.

We strive to further the movement around the world to open up markets and empower individuals and businesses alike to work together and establish prosperous local communities while also bringing people together by further allowing people with unique products to get them to the public.
We hope that with the advanced tools that we provide, our partners can continue to grow and develop new businesses and build strong relationships with customers by rewarding them in ways that help them continue to enjoy the new products that come as a result of their efforts. We believe that the blockchain is an a powerful emerging force in freeing the global economy and that is why we have chosen to place our time and effort into building apps that leverage its strengths to continue the process of removing barriers and rewarding consumers and businesses alike.

Source: https://nxtforum.org/job-board/recruiting-java-blockchain-developers-great-pay-in-london-office/

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  • Nxter Magazine – 2000 Followers on Twitter and 450 Newsletter Subscribers

We have a reason to celebrate! Nxter’s twitter account has reached 2000 followers and our weekly email newsletter is already regularly sent to over 450 subscribers! Thank you all!Nxter is a community driven initiative, so we encourage you to keep giving us your support and sharing our news and articles to achieve wider visibility. Remember that you can also publish your own articles, subscribe to our newsletter, or follow us on social networks, in order to always stay on top of everything that happens around Nxt and Ardor.

More information: Nxter.org Twitter

Spanish Twitter

French Twitter

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DEVELOPMENT

  • Beecrypt – A Decentralized P2P Exchange That Will Be Built On Top of Ardor

Beecrypt is company based in Bangalore, India, managed by highly specialized technology experts, successful entrepreneurs, and veterans in the semiconductor & fintech industry. This company has recently announced that Beecrypt’s flagship product, Migretor, a decentralized P2P exchange for cryptocurrency, as well as a wallet, will be built on top of Ardor.

Migretor would be featuring:

  • Usability with an easy to use application which runs ubiquitously on all platforms
  • Secure, with no custodian for user funds. Users will be in full control with no trusted third party of their funds
  • Utmost transparency in exchanging in a decentralized manner by locally signing all transactions before broadcasting to the network
  • Unprecedented privacy with end-to-end encrypted message exchanges
  • Robust, effective against DDoS
  • On chain transactions
  • Cost-effective exchange

Hariharan Parasuraman, CEO at Beecrypt states:

Beecrypt is excited to develop Migretor on top of the Ardor blockchain platform as it offers the first real world solution to the blockchain bloat problem.

Source and more information: https://www.jelurida.com/beecrypt-migretor-decentralized-exchange

http://beecrypt.io/index.html#partners

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NXT IN THE MEDIA

  • The Wiring – Ardor Fees, Child Chain Fees, Bundlers, Forgers… Let’s Clarify

TheWireMaster, an active member of the Nxt community, and admin at NxtFolks as well as the composer of the Ardor song, has recently published an article titled “Ardor Fees, Child Chain Fees, Bundlers, Forgers… Let’s Clarify” at TheWiring.com. The text explains how the forging process on the Ardor main chain will work as today’s NXT forging. However, in Ardor, these blocks will contain transactions from the main chain and from the child chains. The Ardor main chain will be the only one forging and providing the blockchain infrastructure to all child chains.

The article includes some practical examples showing how the bundling process works.

A “bundler” is the link between the child chain and the main chain. It’s the one that collects the child chain fees and then pays the main chain (Ardor) to pack those transactions in a block…

…The field “Minimum Rate” is a multiplier for the defined Ardor fee for that specific transaction. The result of that multiplication will be the minimum transaction fee in child chain token users will have to pay so that the bundler will bundle their child chain transaction

“Fee Limit” is the total amount you want to spend in Ardor fees.

“Overpay” is the extra you want to pay more in case of competing bundlers. This is a multiplier of what you will pay in terms of Ardor fee.

Let’s hypothetically assume that these are the fixed prices for a couple of transaction in Ardor (still in development so let’s not be too picky with the exact amounts):

Basic transaction (money transfer, sending message, etc): 0.1 Ardor
Asset issuing: 1000 Ardor

Now lets assume a bundler is set with these parameters:

Minimum Rate: 10
Fee Limit: 200
Overpay: 0.1

Someone now sends a message to someone else in the Ignis child chain. The client will automatically set the fee to the minimum fee offered by the bundlers. Let’s assume that our bundler is the only one, then the fee that will be applied will be:

0.1 Ardor fee x 10 Minimum Rate = 1 Ignis

So the message will be delivered with 1 Ignis fee.

The bundler then has to pay 0.1 Ardor + (0.1 Ardor x 0.1 Overpay) = 0.11 Ardor

Source and more information: https://thewiring.com/2017/05/19/ardor-fees-child-chain-fees-bundlers-forgers-lets-clarify/

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PRICE EVOLUTION

  • TradingView – Time to Continue this Crazy Race with NXT

TradingView is an advanced financial visualization platform that is easy and intuitive to use, with many users around the world making use of it. The service provides all the charting tools you need to share and view your trading strategies.

Recently, a technical analysis of the NXT price has been carried out by Paulto. This user has given his thoughts of the path that NXT’s price is going to follow.

The Bears left a dance floor, new strong lever support detected, seems like a good time to enter this mad train now

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

Source: https://www.tradingview.com/chart/NXTBTC/JkklY8cv-Time-to-continue-this-crazy-Race-with-NXT/

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  • Weekly NXT/ARDR Price Evolution

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

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

(Back to the Index)

Ardor Testnet is Launched

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

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

Ardor’s Decentralized Polling

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

Sending Bitcoin Using the Alias Feature On Ardor

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

Does Ardor mean the death of Nxt?

The Ardor snapshot phase is over and the Ardor assets (ARDR) have been distributed. The amount of NXT in an account no longer influences the number of real ARDR forging tokens it will receive once the Ardor network goes live. Watching the price of NXT fall these last few months should give a good hint to everyone – there is no longer any reason to hold NXT. Ardor and its child chains are the future. Make way!

Really? I don’t think so.

make-way

Going on the Nxt road in 2017?

1. Ardor won’t be there until the third quarter of 2017

The recent “Ardor” distribution is only an asset that will determine how much real ARDR tokens you will get once the Ardor platform goes live. It is not the real thing and won’t be soon.

The Ardor testnet is expected to go live in the first quarter of 2017, but the production network completion is planned for later in 2017. Why not use Nxt until then? It is still secure, fully functional, and also supports many assets and coins which are trading on multiple external exchanges.

2. Nxt will still be maintained

The core development team has promised to support Nxt for at least one year after the release of Ardor. We are talking about software that will be actively maintained until at least the end of 2018. And after that, motivated developers may still adopt the project and maintain it.

Even if new features probably won’t be added, the software is still functional and has proven itself trustworthy during these last three years. Some assets and coins will move to the Ardor platform but others will still use the Nxt 1.0 platform.

Many altcoins are not developed anymore or do not have major updates but are still trading actively.

3. Ignis snapshot will benefit Nxt

In Q3 2017, the snapshot for the Ignis distribution, the first Ardor child chain, will most likely attract a lot of speculators. Ardor is the fuel of the network but Ignis is the first currency with all the features we love in Nxt : voting, coin shuffle, aliases,…

This second snapshot will be a good occasion for people to learn about Nxt and attract newcomers.

look

Trying to guess the future value of cryptocoins

However the fall of the NXT price may be faster than the rise. After the snapshot, it will most likely drop again. How much is the question.

4. Jelurida is watching

Jelurida exists to protect the intellectual property of the Nxt code. To commercially succeed, it needs Nxt to succeed. Having a team working full time to improve and protect Nxt would make sense for its future.

During the Q&A session about the creation of Jelurida, the following question was raised:

> @josenxt
> Will we see in 6 months from today another big surprise (like Jelurida’s) which is currently being cooked behind the scenes?

> @jean-luc
> hopefully sooner

Let’s hope it will benefit Nxt.

5. Existing applications are still functional

The Nxt API is very stable and easy to use. Many developers have built their own applications based on Nxt (MyNxt, SuperNET, nxtportal, Nxter.org, Nxt3D…). Even if the Ardor API ends up being very close to Nxt’s (which is not sure), it will require some work before such applications can be ported to Ardor (if ported at all). But, they will work on the Nxt 1.0 platform no matter what.

Nxt has a rich ecosystem and it will take some time for Ardor to catch up with it, even after the release.

6. Cheap NXT means cheap transaction fees

Nxt has always used transaction fees of 1 NXT for most operations. In June 2016, when 1 NXT was worth 13000 Satoshi, a transaction fee cost around 8 euro cents per transactions (still cheaper than Bitcoin by the way). Now, at almost 1000 Satoshi, these fees are only worth 0.6 cents. It’s basically free.

Those who consider NXT to be a currency will be disappointed. Those who see Nxt as a platform of asset exchanges, discussions, or distributed hosting will be glad.

A coin shuffle costs 12 NXT, or 0.07€. Isn’t it a good time to anonymise some coins or assets? How about starting that asset you were thinking about? Issuing an asset only cost 1000 NXT or around 6€ today.

nicholas

The future is bright

Also read: http://test.nxter.org/developers

As long as there are just a few people holding and forging Nxt, the network will be functional. Remember that for all those selling their NXT, there are buyers who think it is worth it to buy.

This opinion post was submitted by mart_e: NXT-XZ53-H97E-6FK5-9RHAS

Do you want a blog post published on nxter.org? Contact us and let your voice be heard.

The ARDR token is trading!

Today, on October 13th, at block height 1000000, or 42 days before the Nxt blockchain’s 3rd birthday, the Nxt 1.0 -> Nxt 2.0 snapshot period came to an end, and 998.999.495 ARDR assets were automatically distributed to all accounts which had held any amount of NXT since the first snapshot was taken 3 months ago.

For every 1 NXT which has stayed in your account since the first snapshot, you’ve received 1 ARDR asset. If you’ve been a NXT hodler for half the period, you’ve received 0,5 ARDR per NXT. (For information about the distribution model read this)

This is the ONLY official Ardor asset:


Live feed from the Nxt AE

NXT and ARDR on exchanges

UPDATE

ARDR < > BTC markets:
https://hitbtc.com/exchange/ARDR-to-BTC
https://bittrex.com/Market/Index?MarketName=BTC-ARDR

Poloniex has distributed ARDR. We’re waiting for them to open a market.

ARDR Marketcap: http://coinmarketcap.com/currencies/ardor/

ARDR assets have been distributed to all NXT-holding accounts on participating centralised exchanges and now need to be distributed among the exchanges’ customers.

The Nxt team writes:

The distribution method used will depend on each respective exchange’s internal architecture, so the Nxt team and community can’t provide a universal solution for Ardor distribution within exchanges.

Poloniex, Bittrex, HitBTC, BTC38, etc., must be contacted directly by their customers for more information about their distribution method, if you haven’t yet received your ARDR.

HitBTC was the first centralised exchange to open a BTC < > ARDR market, but more exchanges are expected to follow soon. As most NXT-exchanges have active Nxt asset markets going too, it will be very easy for them to add ARDR.

Next snapshot – IGNIS

One snapshot remains – if you want to get full value for your NXT.

Ignis will be the first child chain, which is guaranteed to get launched on the Ardor platform. In Nxt 2.0, Ardor is the token used for creating consensus and Ignis will be the first transactional token. It will be created at the Ardor Genesis block. Free Ignis tokens will be distributed with a ratio of at least 1:0.5 to all NXT-holders at Genesis. A last snapshot of the Nxt blockchain will be taken just before that, so Ignis can launch together with Ardor.

Ignis will inherit all the current Nxt core features, but will be have others added and be further developed by the Nxt development team. The snapshot will be taken in Q3 2017.

And the unparalleled Nxt platform?

Nxt will continue, and be supported, by the Nxt core devs.

As the Nxt core developers wrote, in a Q&A session a few days ago:

riker
NXT promoted Jelurida and Jelurida will promote NXT.

jean-luc
There will be small businesses and end users who don’t need, or can’t afford, a private blockchain. Those will continue using Nxt, or start a child chain on Ardor.

riker
We can use the funds we receive from private chains to promote the development of the public chain which will in turn provide marketing and public relation for NXT/Ardor and bring us more private chain business.

ipsec [9:08 PM]
Now its very risky to invest NXT and ADROR…..because after 13 price of NXT will down

jean-luc [9:09 PM]
Everybody expecting a dump after 13th… then everybody would sell before 13th
my guess is, the dump has already happened, but then I am not a trader.
If you dump, what else would you buy that has better “incentive structure”?

And that’s the case. If Nxt is not the platform to start coding your new Ardor Nxt 2.0 projects on, then which?

With the Nxt Foundation marketing it, with an educational book about Nxt 1.0 coming out soon, with businesses rushing in to get into the best blockchain tech before the technology itself disrupts them…. will it be wise to sell NXT?

Jean-Luc:

We have projects using the public Nxt blockchain which will need to be supported for at least the next 2 years and probably longer. We’re also in the process of bringing in more core devs for Nxt as well as for Ardor, with the aim of establishing 2 semi-independent core dev teams.

There has been lot of public FUD and confusion about all of this, so I hope this clears up any questions or doubts that you may have about the future plans for Nxt and Ardor.

In doubt? Get involved.

Join nxtforum.org or the Nxtchat Slack channel:

DeBuNe is currently looking for extra developers to join their distributed team. m19: “We are creating our own custom version of NXT/Ardor and some of the changes you make might even end up in the core, we are in no way competing with them but instead actively supporting it.

https://nxtchat.slack.com/messages/job-offers/mentions/

LQD asset CEO libertynow [2:37 AM]: “If NXT goes below the Oct 4 bottom at 1667 I’ll start getting worried. well, not really. i don’t care that much. I can just use the NXT for divs if I really need to”.

You might also want to read: The Nxt Asset Exchange Tutorial

Congrats with your ARDR assets. Exchanges are open. The future will not be centralised. It will be you.