Nxt News – March 2017 (III): Alone We Can Do So Little; Together We Can Do So Much


March 2017 (III)


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



Below are more details about each of these topics:



  • Nxt Foundation – Supporter Program

Travin Keith has announced the launch of the Nxt Foundation Supporter Program. The final objective is to raise enough funds to allow the Foundation perform its operations well, as well as to strengthen the bonds of the community.

There are several forms of support included in this program, each of them with different benefits and rates. In every case, you can make your contribution with EUR, NXT, ARDR or BTC:

  • Organizational Supporters – This category is targeted towards large businesses and organizations that wish to support the Nxt Foundation. The benefactor, who will donate €2500 every year, will be publicly acknowledged as a Nxt Foundation Organizational Supporter on the Nxt Foundation website with a dedicated page to the organization, as well as many other benefits.
  • Annual Supporter This category is for both community members and projects that wish to support the Nxt Foundation in its activities. It’s subdivided into two tiers, depending on the donation level, which will bring benefits such as the appearance of the name or username on the Supporter Page, a personalized @nxtcommunity.io email or @ardorcommunity.io email, link to a personal/project website, and a few other benefits.

Travin Keith states:

If you would like to be a supporter, please send me a private message on nxtforum, on Slack, or to travin@nxtfoundation.io, with your desired amount to contribute, your preferred method, and other relevant details to your desired tier

Janus and Sigwo Technologies have been the very first ones to give support to the Foundation through the Organizational Supporters plan mentioned above.

This piece of news adheres to the Nxt Foundation Marketing Strategy, which was mentioned in our previous newsletter.

Source and more information: nxtforum.org/news-and-announcements/nxt-foundation-supporter-program/



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  • Tipper – The Service Will Be Shut Down on the 1st of April

Daniel, aka NxtSwe, is an active member of the Nxt community, with which he was always willing to help and participate in its discussions. His aptitude as a developer are evident in many open source contributions to the Nxt ecosystem, such as the NxtLib library, the Tipper bot for Slack, some plugins for Nxt, (Asset Feeds or Plugin Dividend, for example) as well as a lot of valuable inputs and technical feedback, all while always keeping a constructive and kind tone.

Daniel has announced that, for personal reasons, he is forced to close down all these services that the has offered to the community which he was sustaining by himself:

I will be shutting down tipper service on april 1st.
I am very sorry for this, but I urge everyone to withdraw their funds from tipper until then using the withdraw command, for example:
If you have assets, withdraw them first so you have enough to cover the transaction fees.
Again, I am very sorry for this.

NxtSwe, displaying once more his exceptional personality, warned users in advance of the closing of this service so that not a single nxter is adversely affected by this decision. The source code of the app will remain freely available at Github for anyone who wants to keep benefiting from NxtSwe’s contributions.

From Nxter, on behalf of the whole Nxt community, we’d like to thank you very much, Daniel. Thank you for being a part of Nxt’s history!

Source: https://nxtforum.org/nxt-projects/nxttipbot-for-slack/msg230674/?topicseen#msg230674


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  • Intel & The Floor – International Banking Blockchain Hackaton

In our previous newsletter, we mentioned that Lior Yaffe, Nxt and Ardor core developer and a member of Jelurida, announced his participation in the International Banking Blockchain Hackathon that will take place in Tel-Aviv on the 29th and 30th of March, 2017.

Lior is especially excited with this hackathon and recently stated:

I’m assembling an NXT dream team for this event. I spoke with the organizer today and they welcome Jelurida/NXT/Ardor solutions. They are looking for a team of 5-6 people not necessarily all technical. Great opportunity to promote NXT.  First prize is 5K$ paid in BTC. If someone wants to join me in Tel Aviv for this event I can help with travel arrangement and show you around before or after the event.

There are less than 10 days left before the event, so, if you are willing to be a part of this dream team and help promote Nxt for 36 hours during this hackathon, all while you learn new insights and forge new bonds in this field, don’t hesitate to contact Lior.

Source and more information: www.eventbrite.com

nxtchat.slack.com/archives/developers/p1489394716463016 (link to join Nxtchat on Slack)

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  • What’s The Best… – ARDR Listed

Whatis, originally a comprehensive knowledge base launched in 2008, has shifted its focus entirely to insights that help people understand the concepts of cryptocurrency.

“Whatis” will enlighten you about various aspects of best cryptocoins to invest in, it will describe how to get coins into your wallets, how to create your own coins, how to trade various assets and many, many of HowTos that may change our whole life.

Recently, ARDR has been added to this database, just like Nxt, which was added some time ago. Here, we can find a basic description of Ardor’s features, such as the creation of child chains, transaction pruning to avoid blockchain bloat, as well as a few other details such as the way the ARDR distribution took place, when IGNIS will be released, etc.

Source: http://whatis.wikidot.com/ardor


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  • Alt19 Index – ARDR and NXT Listed

NXT and ARDR have been included on the Alt19 website, the oldest altcoin market index, where you can see the volume, capitalization, and exchange prices of altcoins, plus many other interesting data related to buying and selling coins and assets.

The detailed information provided by this site will come in handy for those traders who intend to make as much profit as possible when trading altcoins. Moreover, you can download the data from this website in CSV format, so that you can use it to draw your own graphs and perform your own technical analysis.

Source: https://bitcointalk.org/index.php?topic=587007.msg18156307#msg18156307


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  • Chocolatey.org – Nxt Repository for Windows (Unofficial)

Chocolatey is a package manager for Windows. It was designed to be a decentralized framework for quickly installing applications and tools that you may need.

Chocolatey packages encapsulate everything required to manage a particular piece of software into one deployment artifact by wrapping installers, executables, zips, and scripts, all into a compiled package file.

Chocolatey.org is a feed of packages provided and maintained by the community.

One of the latest available packages is NRS version 1.1.14.

To install the Nxt Client, run the following command from the command line or from PowerShell:

C:\> choco install nxt

To upgrade Nxt Client, run the following command from the command line or from PowerShell:

C:\> choco upgrade nxt

Chocolatey is a practical an easy way to install Nxt in a Windows system for users who want to keep it simple. However, keep in mind that this isn’t the original NRS software provided by the Nxt core developers, but rather an amplified project that another user has created by themselves to make it easier to install. By using Chocolatey, we are forced to trust the good intentions of the package creator so, in the end, we are run into a level of risk when installing software using chocolatey, one that must be taken into consideration when dealing with a sensitive software such as your Nxt wallet where you keep your money.

The only way to be completely sure that our Nxt wallet hasn’t been maliciously altered at all is by downloading the latest release from the official thread for new versions of the NRS at Nxtforum, or use the update function inside the Nxt client itself. Once downloaded, you must check that the sha256 hash is the same that Jean-Luc, Nxt core developer, announced on that thread.

Source and more information: https://chocolatey.org/packages/nxt/1.11.4


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  • Hyperledger Blog – Blockchains for Business: Why Decentralization is Still a Factor

This article by Travin Keith, Marketing Director and Blockchain Consultant of the Nxt Foundation, recently published an article on Hyperledger’s blog, which details some of the benefits that blockchain’s decentralized technology, such as the one with Nxt, can bring to business and organizations:

  •  Security: …there is always a high level of availability for the data. So, even if a large number of nodes fail or are shut down by an attack, the data is still available for people to access
  • Distributed Processing: …the system can also continue to process additional data and add more blocks into the blockchain… the system can continue operating as long as there are active nodes in the system…
  • Partnerships and Consortiums: …trust is not needed in terms of processing data as well as storing it… Verifying that one has the same information that another party has is relatively easy to do…


Source: https://www.hyperledger.org/blog/2017/03/15/blockchains-for-business-why-decentralization-is-still-a-factor

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  • Core Media – Sigwo Technologies: Blockchain as a Service Platform

This article by Kanoptx published on the Core Media magazine, mentions the launch of Jupiter eSyslog, the private blockchain platform based on Nxt, managed by Sigwo Technologies.

The Jupiter eSyslog platform is based on the NXT world leading blockchain technology developed by Jelurida B.V. the company behind the NXT and Ardor blockchain technology.

This new platform intends to be a boundless way to ensure that the server logs are securely stored in recoverable, encrypted, and immutable databases, all with the highest grade of security so that the logs are always available. All the data is massively replicated across dozens of nodes, which makes Jupiter very resilient against attacks, even insider attacks.

Lior Yaffe, Nxt core developer and co-founder of Jelurida B.V., says:

The un-matched reliability, security and scalability provided by the NXT blockchain provides the Jupiter eSyslog platform the necessary tools to provide a world leading blockchain as service platform. We are delighted to work together with Sigwo Technologies to make eSyslog a de-facto standard in storage and maintenance of system log information.

Source and more information: http://coremedia.info/blockchain-news/item/718-sigwo-technologies-blockchain-as-service-platform

Nxt Newsletter



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  • Nxt Folks – Value of Blockchain Technology is Exponentially Growing in the Past Months

In this article at NxtFolks, The Wire Master goes over how BTC has managed to keep its price high, even after the SEC voted against the Winklevoss Bitcoin Trust ETF. However, after the result of this vote, it seems as though a considerable amount of money is moving from BTC towards some other cryptos, which is a clear sign that blockchain technology still arouses interest and people will continue to trust this tech despite the rejection.

The price of Dash, ETH, and Monero have risen significantly due to this movement of capital, although it’s worth noting that the price of NXT has experienced the same, though to a lower degree, as well. There is a tense situation in the BTC community at the moment, which looks to be there for some time, so it would be no surprise if this trend keeps up.

Maybe is the right timing for the Ardor launching, which will take place in the third quarter of 2017…

Source: https://nxtfolks.com/2017/03/15/value-of-blockchain-technology-is-exponentially-growing-in-the-last-months

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  • BLK Chain – Blockchain and Trust in Online Advertising

This article in French by Baptiste Lac, published on the BLKchain, speaks about some challenges and difficulties that the online advertising industry is facing and how blockchain technology could help to overcome these challenges. It’s expected that advertisers will demand more and more transparency in the contracts signed with advertising agencies. Here is where using smart contracts or Smart Transactions, which Nxt has built in its core, together with the use of assets, seems to be the right solution for this problem.

Smart Transactions will ensure that the rules signed regarding the visibility of ads are fulfilled, allowing businesses to make precise measurements to better evaluate the efficacy of the advertising campaign. According to the author, it’s also possible to carry out complete monitoring and audit of the views through analyzing the metadata associated with the received token.

Source and more information: http://blkchain.fr/blockchain-confiance-industrie-epub

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  • Weekly NXT/ARDR Price Evolution

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

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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.



Below, we give you more details about these news:


  • 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.


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


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  • 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



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  • 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



  • 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.


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




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  • 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


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


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

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  • 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.


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

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  • 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.


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



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  • 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/

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  • 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.


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

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  • 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.

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

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  • [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!


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



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  • 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

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


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

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  • 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.


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


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  • 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!







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!

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  • Weekly NXT/ARDR Price Evolution

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


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


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