The Equal Market You Ought to Explore

Equality has always been a farfetched term and only exists in the dreams. Unfairness and inequality have gone beyond the five fingers and have eaten deep into all systems. But then, this isn’t a conversation that concerns us at the moment. However, the market is. Who can survive without a market? No living man can, unless he provides everything he needs all by himself. The greatest of all markets of course is the financial market, as money is another commodity one can’t do without and a conversation everyone wants to engage in. After all, it makes the world go round. So, let’s talk about “The Market”, “The Money Market”.

Let me throw out a rhetorical question to my dear readers. “Have you ever been to a market place?” The obvious answer is that nearly everyone has – whether from the corner of our rooms through the internet windows on our mobile phones, or actually through physical interactions. It’s a place for all commodities essential to human life. Several years back before the introduction of the Financial Market system, it will be deemed a myth to forecast a future of such market. Today we have Foreign Exchange Markets and, even more, we have the Exchange for Digital currencies. Now, that’s a market everyone is talking about. A future some few are afraid of.

The idea of having a decentralized, difficult to corrupt system and a future of independent financial structure terrifies me. I am the man behind the corrupt politics, a wealthy aristocrat who wants it all for himself.  But then, the world we know has become little and encircled by the Crypto-space. Cryptocurrency is here to stay. Cheers to the common man as he at last has a fair and equal opportunity in the space.

Available materials show that Cryptocurrency came in as a side product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first Cryptocurrency, never intended to invent a currency. In his announcement in late 2008, he declared that he had developed a ‘Peer-to-Peer Electronic Cash System”. Satoshi’s invention was a successful creation of a decentralized digital cash system, which came in after several attempts had failed. Well, that was about ten years ago when Satoshi made his invention, which is still raising questions, fear, as well as optimism among the populace.

Years have passed and the rains of ideas have fallen unto the plains of execution effecting sudden germinations of several digital currencies. They rose from all directions with similar offer but only a different name and people behind it to distinguish them. Few stood out with more to offer and determination to bring that future even nearer. From BCNext came the idea of such a rare currency in 2013. A second generation of cryptos that was developed from scratch. It came with it many features that would have been thought of to be the future of digital currency such as shuffling, decentralized DNS, peer-to-peer exchange, voting system to mention a few. It emphasized on the broad nature of blockchain which was more than just a currency.

As a continued effort of the 5-year Legacy of NXT came Ardor in the earliest hours of 2018. A second iteration of NXT, a whole new exciting journey of cryptocurrency with new and interesting features. Sitting on the throne as the first parent chain, Ardor welcomed the first child chain, “Ignis”, each with individual differences and goals in the blockchain vision realization. To the team behind it, the future is all that matters. A future with a carefully laid foundation is definitely a never-ending one. Part of the features that makes the whole development more than just a currency to be traded is the Market Place. The end dream of every currency is to be spent and not just traded of. Paving the path to the future where cryptocurrency realizes its goal of being a genuine means of exchange makes it a cryptocurrency of the future.

As the Ardor Platform puts it: “The Marketplace enables direct peer-to-peer trading on the blockchain. It is an open decentralized store for all digital goods. You may sell or purchase software, music, video, ebooks or any other kind of digital good here. Simply browse the available products, place an order and the seller will send you information of how to download the good (usually a link) inside the blockchain system. Although Marketplace was designed for buying and selling digital merchandise, physical items have also been listed for sale.”

So, when the idea crossed your mind of being part of the great future in the emerging blockchain industry, think no further. It can’t get any better than the one that builds on the two greatest entities, Market and Money. This is the big thing. It is a market for you, me and every one of us. It is a market you ought to explore.

Nxt news – October 2016 (I): Improved security

NXT NxtCoin 2. generation cryptocurrency news

October 2016 (I)


Slowly but surely, news about Nxt kept coming up this past week:

Here below are more details about each of these:


  • mentioned at Techbullion

Angela Scott-Briggs wrote an article for the Techbullion magazine regarding the ten most significant sources of information in the blockchain scene. NXTER.ORG appears in fifth position in that list due to the following arguments:

NXTER is an online magazine that covers cryptocurrency features and development. The magazine has one of the most active communities.  Last year, the magazine was the Platinum sponsor of “Mind the Gap” crypto money expo.
Taking advantadge of this moment, we’d like to thank Angela for her nice words towards our magazine.

(Back to the Index)

  • How to improve security when using the Nxt wallet

After reading the testimony of a user who has suffered an account hacking at, we’d like to remind users that using a strong, unique and long passphrase must be the first thing to do when setting up our account. Besides this, there are several advanced ways to secure our accounts even more:

  • From the NRS version 1,7 on, launched on November 2015, the Nxt platform has the Account Control feature enabled. This feature implements a number of methods for applying limits and controls on Nxt accounts, such as setting a lock on an account to prohibit any outgoing transactions or defining a set of rules for unlocking the account. The account control feature will allow a user to set a “lock” on an account which prohibits any outgoing transactions until certain conditions are met. This equates to having a Two-Factor Authentication when using your Nxt wallet. The following video by MrCluster87 explains in details how to activate this function.

[vsw id=”pV2eKifqrOg” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

  • Another possibility available for users to increase the level of security when using our Nxt Wallet is by using Offline Transaction Signing, which keeps us from introducing our passphrase on an internet-connected computer. The full process is detailed in the NxtWiki.


(Back to the Index)

  • Citizen blockchain

The fortnightly magazine Asset Servicing Times has published an article by Bas Wisselink, of the Nxt Foundation.

This article deals with the governance models that we can find in an open-source community like Nxt: how the first devs get together and started the project, the project management necessary to coordinate all the tasks that must be carried out, the governance system to coordinate all the people that take part in it, etcetera.

The article explains how the Nxt Foundation acts as a promoter and point-of-contact for anything that concerns the public blockchain version of the Nxt software, as well as manages the community around it, initiates development of applications, engages in research and thought leadership, and provides structured feedback from users to the core development team.



(Back to the Index)

  • Ardor and Nxt subreddits have been updated

Travin Keith (AKA Marenkar), of the Nxt Foundation, has customized and optimized the Nxt and Ardor threads on the popular social media and news aggregation website Reddit. This is  what he has said about the changes made:

I played around a bit with the CSS by using a theme and then customizing it in an effort to make things look better… it’s important to keep in mind that a lot of people who are casually in crypto aren’t on the forum, IRC or Slack.



(Back to the Index)


  • MyNxt will be managed by the Nxt Community

The Nxt community is going to take over the website, which so far has been financed by SuperNet and managed and maintained by Tosch and VanBreuk. This is what VanBreuk says about the process:

Since the end of last year until recently, the hosting costs have been funded by SuperNET and this is in process of changing. So please do not blame Nxt Support for a malfunction in the block explorer, since it is not managed by the core Nxt team at this moment…

Both Tosch and I are working in multiple fronts and it is becoming difficult to spend time and resources on MyNxt. The whole MyNxt environment is a great tool, but it requires considerable attention and upgrades, and it is becoming more difficult to keep up….

But this also put in the table the convenience of a change in management, so these days the MyNxt infrastructure is leaving the SuperNET domains (where it’s been since the end of last year) and moving both feet into the Nxt community.



(Back to the Index)

  • Ardor at Bitcoin Wednesday

In this excellent video The Nxt Foundation’s Bas Wisselink introduces Ardor to a packed house during Bitcoin Wednesday on 7 September 2016 explaining the future features of the platform and the common problems that all the cryptos face, like blockchain bloat, which will be solved with Ardor.

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


(Back to the Index)

  •  ARDR distribution on the exchanges

Dave Pearce, of the Nxt Foundation, has published a new tutorial addressed to exchanges in order to establish a precise way to distribute the ARDR assets among the clients that keep their NXT in exchanges.

We’d like to remind you that the exchanges Poloniex, BTC38 and Bittrex have publicly expressed their intention to distribute the corresponding ARDR assets to those users that keep NXT in those exchanges.


(Back to the Index)

  • Weekly NXT price evolution

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

Nxt Price 02 oct 2016

(Back to the Index)

‘Breaking News’ on


Consider this “Breaking News”.
Starting from today, there will be live UPDATES posted directly to

The Nxt Newsletter has been praised, but Nxt is moving fast. Daily Summaries and a weekly newsletter is simply not enough, if you want to stay in the loop with this truly decentralized project. Nxt is innovation based upon the Bitcoin protocol, but coded from scratch. Energy efficient, PoS, with Colored Coins, Alias system, Anonymous Transfers and AC built in.

Subscribe to the rss feed HERE, or get these updates through TWITTER.

The sources for the UPDATES are (as always) our various Nxt BCT threads and Nxt forums.
If you are the one making the news, send a private notice to HERE or do it publicly HERE.