NXTER.ORG

Nxt news – January 2017 (III): The Question isn’t Who is Going to Let Me; it’s Who is Going to Stop Me

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

 

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

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • Cold Storage – Offline Transaction Signing

Recently, there were some Nxt users who have shown some interest in offline transaction signing, which consists of operating a device that isn’t connected to the internet when using the Nxt wallet in order to achieve a higher level of security against viruses and trojans.

ScripterRon, a Nxt core developer and member of Jelurida, has shared some instructions to developers who are interested in using the Nxt API to achieve this objective:

…Take a look at https://github.com/ScripterRon/NxtCore to see how to sign a transaction. The Transaction() class creates a signed or unsigned transaction…
…I took a different approach for Ardor which might be simpler to understand. Take a look at https://github.com/ScripterRon/Nxt2API. Look at Nxt.broadcastTransaction() which takes the unsigned bytes returned by the server, signs the transaction, and then broadcasts the transaction…

Moreover, with the recent release of the NRS mobile app, it’s now easier for all Nxt users to sign the transactions while being offline.
Riker, also a Nxt core developer and member of Jelurida, commented on this when he introduced the latest NRS version:

One interesting use case for the mobile app is to use an old phone or tablet completely offline only for signing transactions. This way you never have to expose your passphrase to online computer. See https://nxtwiki.org/wiki/Offline_Transaction_Signing
…When the mobile device is offline, the device settings modal allows signing transactions and generating tokens to support cold storage functionality.

For those of you who are interested in this feature, we’d like to remind you that there is a step-by-step tutorial at the Nxt Wiki in order to achieve this.

Source and more information: https://nxtforum.org/general-discussion/how-to-sign-a-transaction-locally-and-then-send-it-to-a-server
https://nxtforum.org/index.php?topic=12990.msg227076#msg227076
https://nxtforum.org/nrs-releases/nrs-v1-11-1e
https://nxtwiki.org/wiki/Offline_Transaction_Signing

(Back to the Index)

 

  • BetterBets – Successful ShapeShift Integration

As we announced in previous newsletters, BetterBets.io, the platform that was created in the past by some members of the Janus team, has successfully implemented ShapeShift on its system, which allows anyone who is interested, from this moment on, to exchange any cryptocoin accepted by ShapeShift for NXT and be able to place bets on this platform.

Bjorn_bb has been the one in charge to make this announcement on Janus’ channel on Slack, and has shared an image with us to show the results:

More information: https://nxter.org/nxt-news-december-2016-iii-the-future-belongs-to-those-who-believe-in-the-beauty-of-their-dreams/#BetterBets

https://nxter.org/nxt-news-january-2017-i-every-beginning-is-cheerful/#Janus

https://nxter.org/nxt-news-january-2017-ii-trees-that-are-slow-to-grow-bear-the-best-fruit/#Betterbets_update

https://nxtchat.slack.com/archives/janusproject Link to join Nxtchat on Slack

Under The Knife #Janus

(Back to the Index)

 

DEVELOPMENT

  • Ardor – Child Chain Bundler Operation

Damelon, of the Nxt Foundation, has shared some details about the future ways child chains on Ardor will operate, as well as information of the bundlers that will bundle these chains with the Ardor main chain. Anyone who meets the requirements can be a bundler. The child chain issuer and the bundler don’t have to be the same person.

Damelon says:

– Block submission is paid for in Ardor on the main chain. If you want your transaction to be validated, they will need to be sent to a bundler who will then offer them to the main chain…
– Payment to the bundler is in the child chain token. Bundlers will exchange child chain tokens to Ardor. That’s where their economic incentive is…
– …But a child chain without a bundler cannot exist. It needs a bundler for transactions to get into the main chain…To start a complete child chain, you need a bundler…
– Bundlers handle two tokens. Users on a child chain will only need one.
– If the business model is correct, though, you can bet you can find a bundler who would see value in bundling it.
– Here are multiple hierarchical tokens: Top token is Ardor, then come the child chain main tokens. One each child chain, you also can have tokens specific to that child chain, like MS currencies which are tied to the specific child chain. Assets are global on the Ardor system and can be traded across chains…
Ardor does the forging, the child chains do the pooling of transactions. Bundlers pool the transaction and then submit them to a block, but in order to be included in the ledger, you will need the main chain.

ScripterRon, Nxt Core Developer, has also given us an example of the operational details of a bundler:

The child chain fees are determined by the bundlers for that chain.  For example, an IGNIS bundler could accept transactions with a fee rate of 0.01 IGNIS.  That means a transaction which costs 1 ARDR will cost 0.01 IGNIS.  So a transaction costing 40 ARDR would cost you 0.4 IGNIS and the bundler would pay 40 ARDR.  Obviously, the bundler wants to also be a forger or have some way to recover the 40 ARDR cost…

Source and more information: https://nxtchat.slack.com/archives/general/p1483904127002759

https://nxtforum.org/index.php?topic=13176.msg229127#msg229127
https://nxt.org/nxt-2-0-overview/
https://nxter.org/ardor-blockchain/

(Back to the Index)

 

  • Ardor – New Leaked Images

Damelon, of the Nxt Foundation, has again shared some previews with us regarding the Ardor platform, of which its testnet is expected to be launched during this first quarter of 2017. This time, Bas has showed us a screenshot of the Coin Exchange, which allows us to exchange tokens in one child chain against tokens in another child chain, or against Ardor. Here it is:

A preview of the dialog window for bundlers has also been shared. You can find more information in this same newsletter:

If you want to keep up with all the previews published about Ardor, you can check this summary by wolffang, a Nxt community member, at: https://nxtforum.org/general-discussion/summary-of-ardor-platform-teasers/

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

(Back to the Index)

 

  • Nxt Kit – Software to Manage Your VPS Nodes

User EmoneyRu has announced an update to his useful application to manage Nxt nodes on VPS servers.

EmoneyRu says:

With the latest commit, I’ve migrated to ‘chain-original-conf.ZIP’. It means that from now we can use snapshots from peerexplorer.com (or, of course, we can pack the similar archive).

Usage block was updated correspondingly.

This open source software, is an easy way to deploy or update Nxt on any of your VPS or Dedicated Servers that run Linux (Redhat, Debian, Ubuntu, etc). Among its features include easy Hallmarked nodes deployment (it changes its config to make the node public), malfunction detection, and automatic client restart (when needed). Moreover, it lets you download the blockchain straight from peerexplorer.com, thus speeding up this part of the set up process of your node.

For more details about installation and usage, you can read the readme file included with the application. If you are planning to make a donation to the developers of this application, here is their Nxt account: NXT-VPP6-RFBG-WMAH-54SDX
Source and more information: https://nxtforum.org/index.php?topic=306.msg229089#msg229089
https://github.com/nxt-ext/nxt-kit

(Back to the Index)

 

  • Docker Image – Nxt 1.11.2

User chevdor has uploaded the latest NRS in a Docker open source container with version version 1.11.2

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


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

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

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

(Back to the Index)

 

NXT IN THE MEDIA

  • InfoMarket Daily- Does Blockchain Really Matter?

InforMarket Daily wrote a piece about the first Moldovan Blockchain Laboratory, which we already announced in a previous newsletter, organized by Drachmae, instigator, among other initiatives, of Nautilus Coin, which uses the Nxt Monetary System.
The article states:

The… Moldova’s first Blockchain Laboratory… will study the possible benefits and use cases of the technology, and will afford opportunities to students and non students for internships where they will gain knowledge and work experience in this exciting new field….

Lee Gibson Grant, of Drachmae, says:

With… our partnership and Officially Moldova’s First Blockchain Lab “Drachmae Project Lab 2.0” hosted at ASEM, Academy of Economic Studies of Moldova…Hopefully EvilDave can attend 23rd to 24th…

The panel discussion: “Innovative and Creative Economies: how Blockchain creates microeconomics start-ups”

What has not been announced publicly but the First Three projects in the Lab by Three different companies, are based on NXT:

  • Land Registry
  • Digital Identity Tools
  • E-voting

Source and more information: https://nxtchat.slack.com/archives/general/p1484670854003735
http://infomarket.md/en/infomarket/Does_Blockchain_Really_Matter_Moldovas_First_Blockchain_Laboratory_Drachmae_Project_Lab_20
https://techannouncer.com/drachmae-project-laboratory-2-0-partnership-it4ba-innovative-incubator-asem-university-chisinau-moldova/

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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


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

(Back to the Index)

Nxt news – November 2016 (II): Don’t be a magician – be magic!

Newsletter-topNovember 2016 (II)

 

Here, we bring you some of the latest news about Nxt over this past week in November

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

 

DEVELOPMENT

  • Docker image: Nxt 1.11.0.e

User chevdor has uploaded the latest NRS in a Docker open-source container, with version 1.11.0, and experimental version.

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

docker dockernxt

Running NRS in a Docker container could be even easier than running it “the normal way”. It’s specially useful when running Nxt on a VPS: No java required, no download, no specific configuration… Besides this, in spite of being a type of “virtual machine”, it does not decrease performance.

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

https://github.com/chevdor/docker-nxt

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

(Back to the Index)

 

  • Debian 8 64bits – How to set up a Nxt node

Lurker10, writer of the articles Beer, Betting and the Nxt Blockchain, Lottery on the Nxt Blockchain in Golang and Programming the Nxt Blockchain for fun and profit, has shared a quick tutorial about how to set up a Nxt node in a Debian 8 – 64 bit system.

The steps are as follows:

    1. Change the root password from the one assigned by datacenter (optional but a good idea): passwd root
    2. The next big command updates system packages, removes unnecessary services, installs necessary services, nxt, blockchain, simple ssh bruteforce protection and automatic Nxt restart on reboot. Before you run it, replace the dropbox blockchain link inside of it with the current one that you can find on www.peerexplorer.com/peerexplorer-api:
      cd /root; echo "deb http://ftp.us.debian.org/debian 
      jessie-backports main" >> 
      /etc/apt/sources.list; 
      apt-get update; apt-get -y purge apache2 postfix; 
      apt-get install -y openjdk-8-jre fail2ban mc nano wget; 
      wget "https://bitbucket.org/JeanLucPicard/nxt/downloads/
      nxt-client-1.10.3.zip";
      unzip nxt-client-1.10.3.zip; 
      wget "https://www.dropbox.com/s/yktn0yvd5ttdwnb/
      nxt_db_peerexplorer.zip?dl=1"
      -O /root/nxt_db.zip;
      unzip nxt_db.zip; 
      echo "@reboot cd /root/nxt; 
      ./run.sh" >> /var/spool/cron/crontabs/root; 
      chmod 600 /var/spool/cron/crontabs/root; 
      chown root.crontab /var/spool/cron/crontabs/root; 
      /etc/init.d/cron restart; 
      cp /etc/fail2ban/jail.conf /etc/fail2ban/jail.local;
      sed -i '80s/banaction = iptables-multiport/banaction = 
      iptables/g' 
      /etc/fail2ban/jail.local; 
      /etc/init.d/fail2ban restart;
    3. The following is the same command but with no blockchain from Peerexplorer. It will take some time to download all blocks:
      cd /root; 
      echo "deb http://ftp.us.debian.org/debian jessie-backports main" >> 
      /etc/apt/sources.list; 
      apt-get update; 
      apt-get -y purge apache2 postfix; 
      apt-get install -y openjdk-8-jre fail2ban mc nano wget; 
      wget "https://bitbucket.org/JeanLucPicard/nxt/downloads/
      nxt-client-1.10.3.zip"; 
      unzip nxt-client-1.10.3.zip; 
      echo "@reboot cd /root/nxt; 
      ./run.sh" >> /var/spool/cron/crontabs/root; 
      chmod 600 /var/spool/cron/crontabs/root; 
      chown root.crontab /var/spool/cron/crontabs/root; 
      /etc/init.d/cron restart; 
      cp /etc/fail2ban/jail.conf /etc/fail2ban/jail.local; 
      sed -i '80s/banaction = iptables-multiport/banaction = 
      iptables/g' 
      /etc/fail2ban/jail.local; /etc/init.d/fail2ban restart;
    4. Prepare a file with the following settings and paste its content in  nano /root/nxt/conf/nxt.properties

      nxt.maxNumberOfInboundConnections=500 
      nxt.maxNumberOfOutboundConnections=100
      nxt.maxNumberOfConnectedPublicPeers=200 
      nxt.myAddress=w.x.y.z (your VPS ip address)
      nxt.allowedBotHosts=* 
      nxt.apiServerCORS=true 
      nxt.myHallmark=xxxxxxxxxxxxxxxxxxxxxxxxxxx 
      nxt.myPlatform=NXT-XXXX-XXXX-XXXX-XXXX
      nxt.apiServerHost=0.0.0
    5. cd /root/nxt; nohup ./run.sh & ; exit
    6. exit

debian

Source: https://nxtforum.org/general-discussion/5-million-nxt-bounty-for-nxt-ardor-forgers/msg227437/#msg227437

(Back to the Index)

 

NXT IN THE MEDIA

  • Asset Servicing Times – Nxt joins the Hyperledger project

The fortnightly magazine Asset Servicing Times has published a brief article by Becky Butcher about the Nxt Foundation joining the Hyperledger project, an alliance of which we explained in a previous newsletter that we also elaborated in some other previous articles.

Source: http://www.assetservicingtimes.com/assetservicesnews/article.php?article_id=7022#.WCSf2mf2azm

(Back to the Index)

 

NXT COMMUNITY

  • Nxt Notifying Sevices – Receive email alerts in your inbox

Following some recent questions about this subject stated at NxtChat on Slack, we are going to review what options are available in order to have a notification service in our Nxt account. These services will allow us to receive an email alert every time our Nxt accounts have some movements. We can choose, among many options, what transactions we want to be notified about.

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

It supports Alias Operations and Arbitrary Messages. It doesn’t use you passphrase, so there is no security risk. They also promise not to spam you!

nxtalerter

    • Argus Notifications:

      This tool is developed by the user TeStDrUiF. It allows you to choose many different transactions for a given account to receive an email notification. You can also choose other coins which have a good API. Currently, the service is available for the following coins: BTC, ETH, WAVES, DOGE, NHZ and, of course, NXT.

argus-notification

Source: https://arguseyes.net/

https://www.mynxt.info/alerts.php

(Back to the Index)

 

  • Why Nxt/Ardor and not Bitcoin? – Riker has the answer

Lior Yaffe, A.K.A Riker, Nxt Core Developer, has answered this big question asked by a user at Nxtforum.org. Why Nxt or Ardor and not Bitcoin? This is his answer:

As an NXT developer I get to talk with many people and businesses about their plans of using blockchain. One issue that comes up every time is scalability. It is now clear for everyone in the industry that traditional blockchain architectures like Bitcoin, Ethereum and NXT 1.0 does not scale.

A major problem we need to solve in order to scale blockchains, is the ability to separate the token used for securing the network from the operational token used by applications. NXT 2.0 is all about this. Once we are able to separate the forging token from any application specific token we can optimize the blockchain by eventually removing (pruning) transactions which do not affect the forging token balance by only saving a cryptographic proof for their past existence. Achieving this requires a monumental programming effort of separating the static singleton blockchain design of NXT 1.x into parent/child blockchain architecture or even a tree of blockchains. This is our vision for NXT 2.0, Ardor will be the forging token of the parent chain.

As to NXT 1.x … it is a stable and mature blockchain product which, in my view, is vastly superior to anything else out there. However, from the view point of application developers it has severe limitations which currently reduces its usability, mainly the need to store every transaction in the blockchain forever and the need to use the NXT token even for transactions which has nothing to do with NXT itself like asset exchange, monetary system and digital good store. This are the problem we are addressing with NXT 2.0

rikerconference

Source: https://nxtforum.org/general-discussion/why-ardornxt-and-not-bitcoin/msg227378/#msg227378

(Back to the Index)

 

  • The Janus Project- The ICO begins

Janus has made a public announcement this past Thursday on its website about its business plans. Janus has published an interesting and detailed whitepaper and some other documents with terms and conditions. The funding campaign for this business has already begun.

The ICO will last until the amount of 7,000 BTC is reached or until the 31st of December, whichever comes first. Five different members of the Nxt Foundation will act as an escrow for this campaign.

The whitepaper details the main reasons why Janus chose the Nxt platform. They are as follows:

  1. Nxt is an established blockchain platform with a solid record: it has never been hacked, forked or compromised in any other manner.
  2. The Nxt wallet will make the distribution of dividends to token holders fast, easy and transparent.
  3. Nxt will implement a business-focussed blockchain next year called Ardor. All Janus tokens will migrate to this platform when it is available (scheduled to launch in Q3 2017) and be among the first users of this exciting new technology.
  4. The installation of the Nxt wallet is a relatively easy process and the size of its blockchain is rather small compared to Bitcoin qt wallets. As such, the process of using the Nxt wallet is quite easy and does not present any significant barriers to interested users
  5. With the security of Smart Transactions, we can have a peace of mind that our business operations on the child chain will be secure

Five percent of the crowdfunding campaign will go to the Nxt Foundation for its escrow service. For more information about the Janus project, we recommend that you visit the links below.

januslogo

More information: https://janustoken.com/

Official thread: https://nxtforum.org/the-janus-project/

Whitepaper: https://janustoken.com//Janus/assets/JanusWhitepaper.pdf

Details about the escrow: https://janustoken.com//Janus/assets/JanusEscrowDetails.pdf

(Back to the Index)

 

  • Decentralized Voting – New Infographic about Nxt

The Nxt Foundation, with the help of Savandra, has chosen the Nxt Voting System as the feature to be presented in a series of infographics about Nxt’s features:

voting-infographic

We’d like to remind you that some other infographics about Nxt’s features were published some time ago, such as Coin/Asset shuffling and the Alias System.

Source: https://nxtchat.slack.com/archives/general/p1478918318011820

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_13_nov_2016The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

ardr_btc_13_nov_2016
(Back to the Index)

 

Nxt news – October 2016 (IV): Ready for takeoff

Newsletter-topOctober 2016 (IV)

 

Here, we bring you some of the latest news about Nxt over this past week of October.

DEVELOPMENT
NXT IN THE MEDIA
NXT COMMUNITY
PRICE EVOLUTION

 

Below, we give you more details about these news:

DEVELOPMENT

  • NRS 1.10.3 available in the AUR Archlinux repository

Archlinux users are to be congratulated. Thanks to the efforts of mart-e, who has taken up the job where jones left off. Because of him, the AUR package with the newest Nxt version (1.10.3) is already available in that repository.

As we mentioned in a previous Newsletter in August, Arch User Repository (AUR) is a community-driven repository for Archlinux users. It contains package descriptions (PKGBUILDs) that allow you to compile a package from source with the command makepkg and then install it via pacman. The AUR was created to organize and share new packages from the community and to help expedite popular packages into the community repository.

archlinux

A good number of new packages that enter the official repositories start in the AUR. In the AUR, users are able to contribute their own package builds (PKGBUILD and related files). The AUR community has the ability to vote for or against packages in the AUR. If a package becomes popular enough, provided that it has a compatible license and good packaging technique, it may be entered into the community repository (directly accessible by pacman or abs).

Source: https://aur.archlinux.org/packages/nxt

https://wiki.archlinux.org/index.php/Arch_User_Repository

(Back to the Index)

 

  • NRS 1.10.3 in a Docker Container

The user chevdor has uploaded the latest NRS 1.10.3 in a Docker open-source container.

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

Running NRS in a Docker container could be even easier than running it “the normal way”. It’s specially useful when running Nxt on a VPS: No java required, no download, no specific configuration… Besides this, in spite of being a type of “virtual machine”, it does not decrease performance.

Source: https://nxtforum.org/index.php?topic=9567.msg225757#msg225757

https://en.wikipedia.org/wiki/Docker_(software)

https://www.docker.com

(Back to the Index)

 

  • New version NxtLib 1.1.26

The user NxtSwe has just released the latest version of his opensource library NxtLib 1.1.26. This tool intends to make life easier to those developers that use C# and Visual Basic .Net when using the Nxt API, since it makes the json API into typed .NET objetcs. Currently it supports all json api functions in NRS 1.10.2, .NET framework 4.0 & 4.5 as well as .NET Platform Standard 1.3.

Daniel (AKA NxtSwe) describes the supported features:

  • All 245 api functions found in Nxt core client API, with typed request/responses. More info on how to find the functions here.
  • Support for local signing of transactions, without having your secret phrase leave your local application. Sample program can be found here.
  • Support for local message encryption/decryption/compression/decompression, with full compatibility with NRS messages. Sample program can be found here.
  • Support for local token generation and decoding.
  • A Password Generator, with support for variable bit strength (128 is default). The same logic and dictionary as NRS is being used.

[vsw id=”jc8BqEKIRjg” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

The latest novelty introduced to NxtLib is the support for local sign and verify bytes for TransferAsset, so that your passphrase won’t be sent to a remote node. This new feature joins all the previous existing ones. It’s therefore not surprising that almost 2,000 users have already downloaded this utility.

Source and more information: https://nxtforum.org/api-discussion/nxtlib-a-typed-net-api-wrapper-for-nxt

Buy an asset using NxtLib, C# and local signing

https://github.com/libertyswede/NxtLib

https://github.com/libertyswede/NxtLib/tree/master/Examples

  • The NSD hasn’t released the code for their Nxt-Based Voting Application, yet

On the 28th of April 2016, Russia’s National Settlement Depository announced that they have successfully developed a decentralized voting system, based on Nxt’s Voting System, that was able to process 80 votes per second with virtually no effort, and is looking to improve this benchmark up to 300 votes per second or even more, according to some news.

The Nxt software is distributed under the GPL version 2.0, and that means that any developer can take and modify the Nxt code, as long as the derived code remains opens-source under the same GPL2 license, among other requirements.

To this day, with almost 6 months after the release date have already passed, the NSD continues to hide the code of its Voting Application. The repository they previously used (https://github.com/dsx-tech/e-voting/tree/master/sources/e-voting) only shows a CLOSED SOURCE “nxt.jar” file under the “libs” folder, and the client-side code, which is used to interface with that modified Nxt server code. Therefore, the NSD is clearly breaching the conditions of the license.

captura-de-pantalla-de-2016-10-22-14-06-28

Source and more information: https://github.com/dsx-tech/e-voting/tree/master/sources/e-voting

https://www.nsd.ru/en/press/ndcnews/index.php?id36=628973

http://allcoinsnews.com/2016/05/04/russias-national-settlement-depository-trials-nxt-blockchain-based-e-proxy-voting-prototype/

https://bitcoinmagazine.com/articles/russia-s-national-settlement-depository-successfully-tests-blockchain-based-e-voting-system-1464198071

 (Back to the Index)

 

NXT IN THE MEDIA

  • Steemit.com – Update your Raspberry Pi 3 running as a Nxt node

Paul Rogers reminds all the readers at the Steemit platform how easy it is to update your Nxt node in a Raspberry Pi to the latest version. Here you can find an extract of the step-by-step sequence described in the article

nxt-raspberry-pi2

Updating the software release

  1. Stop your node by holding CTRL + C and wait until it shuts down completely
  2. Change to the nxt directory if required using the command cd nxt
  3. Use the ls command to list all files and directories. It should contain a directory called lib
  4. Delete the lib directory using the command rm -r lib
  5. Change to the root directory with cd
  6. Download nxt-client-1.10.3.zip (or latest version) using the command:
    wget https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.10.3.zip
  7. Unzip nxt-client-1.10.3.zip using the command unzip nxt-client-1.10.3.zip and overwrite all files by choosing A
  8. To start your node use cd ~/nxt and then ./run.sh

1533c9f0bff17c3d3accc63d823cf72f

Source: https://steemit.com/howto/@paulrogers/how-to-update-your-raspberry-pi-running-as-a-node-for-nxt

If it’s the first time that you run your own node in your Raspberry Pi, you’ll need to modify your nxt.properties file to be eligible to Megalodon’s campaign (AKA The Forging Bounty Lottery). You can get more information about this process by following these links:

“The Forging Bounty Lottery campaign” will pay 5 million in rewards to forgers and Nxt nodes

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

(Back to the Index)

 

  • Coincidental.eu – Opportune moment to trade ARDR at Poloniex

This article on Coincidental.eu alerted that the very same day that the ARDR token was included on the Poloniex platform, Ethereum announced its second hardfork, which could encourage investors to turn their heads around towards other trading possibilities like ARDR, the newcomer.

The text also mentions that Nxt’s decentralized Asset Exchange is the soundest place to watch the correlating price between Nxt and ARDR.

fork-977499_640

Source: http://coincidental.eu/2016/10/17/perfect-timing-for-ardor-trading-on-poloniex

(Back to the Index)

 

  • ARDR distribution

writer for the Ibtimes.co.uk magazine, and for News.blockchain.hk cover, in their respective articles, the snapshotting process that took place in order to distribute ARDR assets among the current NXT holders. This snapshotting process is better for the current Nxt community because the value of NXT isn’t diluted as there is no monetary inflation. The articles also deal with the future behavior of the platforms.

Bas Wisselink: We’ve employed a method where everybody holding NXT would get a stake into the new system.

Dave Pearce: Had we ICO’d it, we probably could have taken down a fairly vast quantity of money, but that would have been at the expense of the entire NXT system and of the guys who have been supporting and working with us.

nxt

Sources: http://www.ibtimes.co.uk/nxts-ardor-token-distribution-uses-snapshot-existing-value-network-1586778

https://uk.finance.yahoo.com/news/nxts-ardor-token-distribution-uses-111851888.html

http://news.blockchain.hk/nxts-ardor-token-distribution-uses-snapshot-existing-value-network/

(Back to the Index)

 

  • Cryptocoinsnews – HitBTC introduces the pair ARDR / BTC

This article remarks what we already pointed out last week: ARDR has already been distributed among the HitBTC users who were staking NXT, and now HitBTC opens up the market in its platform to trade the pair ARDR / BTC.

This piece of news, previously announced at its official blog, confirms HitBTC’s support to Ardor. Paul Clarkson, general manager of this exchange, stated:

Nxt has a great technology, reputed team, and tons of followers. The redistribution of Ardor tokens is our way to support the Nxt revolution, and we’re more than glad to do so. We reached out to the Nxt team beforehand to find out how to implement everything correctly, and it was a pleasure to cooperate with them.

cryptocoins logo

The text also describes the new features that Ardor’s blockchain will have, such as unlimited scalability, safe smart transactions, and customizable child chains.

Travin Keith, of the Nxt Foundation, remarks in the article:

Ardor will allow people to utilize blockchain technology without having to worry about the common issues that people face when setting up a blockchain, such as having enough nodes.

Source: https://www.cryptocoinsnews.com/hitbtc-launches-ardor-redistributes-ardr-nxt-holders/

(Back to the Index)

 

  • Econotimes.com – ARDR, the native token of Ardor blockchain

This article at Econotimes.com talks about the snapshot process of the balance of every Nxt account in order to distribute ARDR, which ended some days ago. The text also deals with the future functionality of Ardor’s blockchain, and how it’s going to sort out the intrinsic issues that all the cryptoplatforms show today, such as blockchain bloat, which will be solved by pruning all child chain transactions history every 1440 blocks (about 24h at the current block generation rate).

The article also reminds us that Nxt will be supported as long as it’s needed, so both blockchains will exist in the future.

the-economic-times-logo

Source: http://www.econotimes.com/nxt-announces-release-of-ardr–native-token-of-ardor-blockchain-357624

(Back to the Index)

 

  • Euromoney – Central banks and digital currencies

Dave Pearce, of the Nxt Foundation, takes part in this article written by Solomon Teague for Euromoney.com. In the text, Dave explains why he believes that central banks will ultimately embrace digital currencies, as will the broader financial community, because the technological proposition is too compelling to ignore.

The financial community has been adding layer upon layer of antiquated protocols, some of them dating back to the renaissance. The blockchain allows them to cut through all that.
euromoney_logo

Source: http://www.euromoney.com/Article/3595010/Celent-calls-on-central-banks-to-issue-their-own-digital-currencies.html?p=1

(Back to the Index)

 

NXT COMMUNITY

  • [Pre-announcement] Nxt Freemarket

Nxt FreeMarket allows users to trade freely, globally, and privately using the Nxt blockchain to store all items for sale, so there is no centralized service that has your personal information, and there is no single-point of failure for the FreeMarket system. Nxt has a built-in “Digital Goods Store,” but it is not designed to handle physical goods, which require shipping options, special instructions, and photos.

This service has already been working for quite some time, but it seems as if some news were coming. PoofKnuckle announced:

Here is the pre-announcement I promised. The NXT community finds out before everyone else:

Soon, the FreeMarket team will announce our market’s relaunch in a new form, rebuilt with the latest technology and backed by an expanded team, more funding, and a worldwide marketing campaign. Our market will be reborn as the global marketplace you always knew it could be – and our original investors, the FreeMarket asset holders, will become investors in our new, revitalized project.

Don’t miss our announcement and app preview – coming very soon!

cgrskf4weaea-4x

Source and more information:https://nxtforum.org/freemarket/pre-announcement/msg225666/?topicseen#msg225666

http://nxtfreemarket.com

https://freemarketlite.cc

(Back to the Index)

 

  • The Forging Bounty Lottery is ready to give away ARDR

Megalodon announced a few days ago that he’ll start to give away ARDR assets in his forging Bounty Lottery campaign. This week, with the help of lurker10, it has been announced that the script for the raffle is ready and deployed to distribute NXT and ARDR among the Nxt forgers.

Megalodon states:

Forging bounty is now randomly chosen as a “random number of ARDR asset” or a “random number of NXT”. The last 100 record is available at http://192.3.196.10:7876/stats.html

New version of script (bounty-0.7.php) is available in the Nxt Datacloud.
Many thanks to Lurker10 for developing & upgrading the script.

VMNH_megalodon

Source: https://nxtforum.org/general-discussion/5-million-nxt-bounty-for-nxt-ardor-forgers/msg225620/#msg225620

(Back to the Index)

 

  • It’s already possible to buy ARDR / NXT with Euros

The company litebit.eu, based in the Netherlands, was the first to allow buying ARDR using Euros (€). With this, it has become one of the fastest ways to buy ARDR and NXT without having to exchange any other cryptocurrency.

You have to register first, but afterwards, you’ll have a wide range of cryptocoins, such as ARDR and NXT, to choose from that you can purchase with Euros. You can make your payments with iDeal, Sofort, SEPA, or Giropay, among others.

euros

Source: https://www.litebit.eu/en/buy/ardor

https://www.litebit.eu/en/buy/nxt

(Back to the Index)

 

  • Help needed on Social Media

More and more people are getting interested in Nxt and Ardor. In addition to this, more and more forms of media are available for users to learn and take part in the Nxt Community.

Wolffang states:

Our community is great so lets show it to the world!
http://Reddit.com/r/nxt
http://Reddit.com/r/ardor
http://Reddit.com/r/cryptocurrency

https://bitcointalk.org/index.php?topic=1518497.msg16597234;topicseen#msg16597234

https://bitcointalk.org/index.php?topic=587007.msg16596239;topicseen#msg16596239

http://Twitter.com/nxtcommunity
http://Twitter.com/ardorplatform

http://Facebook.com/nxtcrypto
http://Facebook.com/ardorplatform

http://Poloniex.com/trollbox

globalisation-1651516_1280

For this reason, it’s necessary that, along with the Devs and members of the Nxt Foundation, community members take a step forward and collaborate in giving answers to the newcomers’ concerns. If you are not sure about an answer you want to give to an interested person, feel free to throw it in the group at #social-media-support at Nxtchat’s Slack.

Source: https://nxtforum.org/general-discussion/we-need-your-help-on-social-media!

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

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

nxt_btc_23_oct_2016

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

ardr_btc_23_oct_2016

(Back to the Index)