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Topic: All you need to know about Ardor and NXT 2.0 (Read 3216 times)

legendary
Activity: 1205
Merit: 1000
August 05, 2016, 04:52:32 AM
#26
Check out the presentation from last week from Lior Yaffe (username Riker).
He's one of the core developers of Nxt/Ardor and he talks about the future.




https://youtu.be/soHe4UMyCCk

Slides: https://bitcoil.co.il/files/Advanced.Concepts.in.Blockchain.Design.pptx and http://prezi.com/x8jyard5-h51/

Filmed during Israel Bitcoin Meetup in Tel Aviv on 27 July 2016
legendary
Activity: 1205
Merit: 1000
legendary
Activity: 3010
Merit: 1460

What will happen to 1.0?
The Nxt Core Devs are committed to providing support, bug fixes and any possible emergency updates for the Nxt 1.0 chain.
It will not be necessary to burn your 1.0 coins to receive 2.0 tokens, and you are free to trade your Ardor Tokens which you will receive after the snapshot period has ended.

The Core Team wants to make migrations to Nxt 2.0 as easy as possible, so is allowing a wide window for making this move.
In short, nothing will change for Nxt 1.0, except that active work on new features will come to a halt. The platform will be actively maintained, so users will still benefit from a secure and well-kept platform.
The Core Team will also provide help and support for users that wish to move their enterprises from Nxt 1.0 to 2.0.


I have a question. Why not just add the new features to NXT 1.0? Why was there a need to create NXT 2.0 aka Ardor? Were there any technical barriers that made it harder to do so? Please explain thank you.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
Snapshots for Ardor started! Happy Ardor!!



Hold until 12 October to get free ARDR!  Smiley

I got 0.4 Ardor Cry
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
You can change all the FXT to Ardor now.  Grin

fixed, thanks. didnt really expect this thread would catch fire
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
member
Activity: 112
Merit: 10
i hear is nxt open source every people can with coin platform nxt with token distribution
how step by step if i can develop coin with token nxt distribution ?
share link if you have tutorial develop coin token nxt
full member
Activity: 165
Merit: 101
https://www.mynxt.info/account/18337650001428593901?

someone just gave 10,000 nxt to some random miner.
full member
Activity: 165
Merit: 101
this is a clever way to get people to withdraw their nxt from the exchanges, hence lowering the supply in the market... who came up with this idea? ingenious!

If you hold Nxt on Poloniex, Bittrex and btc38 they will divide the Ardor tokens there too.  Smiley

i wouldn't trust exchanges holding onto it. is there a written statement somewhere that says they would do it?
legendary
Activity: 1205
Merit: 1000
this is a clever way to get people to withdraw their nxt from the exchanges, hence lowering the supply in the market... who came up with this idea? ingenious!

If you hold Nxt on Poloniex, Bittrex and btc38 they will divide the Ardor tokens there too.  Smiley
full member
Activity: 165
Merit: 101
this is a clever way to get people to withdraw their nxt from the exchanges, hence lowering the supply in the market... who came up with this idea? ingenious!
legendary
Activity: 1205
Merit: 1000
Snapshots for Ardor started! Happy Ardor!!



Hold until 12 October to get free ARDR!  Smiley
member
Activity: 84
Merit: 10
Bleh do i have to go digging for the bad stuff myself here?   Roll Eyes
newbie
Activity: 41
Merit: 0
Ok, so from what I understand. Correct me if I am wrong.


- In October, if you have NXT in a client account you will be rewarded with Ardor assets? Is this true?

- Then in 2017, your NXT 1.0 coins will be changed the NXT 2.0 coins? Or will you have to buy NXT 2.0 separately?
sr. member
Activity: 448
Merit: 250
Hope this shines a light on NXT, it's been quiet there for awhile.

Not really quiet, there was a lot going on the beginning of the year. Not all positive btw...  Wink

Do you have any links to the not so positive?

We burned, buried and destroyed them.  Wink

I think this community is asleep at the wheel. You know a day or two after the snapshotting starts, you'll hear complaints on how it wasn't fair. lol
sr. member
Activity: 292
Merit: 265
I skimmed through that information their but i couldnt see anything on who all the new coins would be distributed to. Does anyone know if im an nxt holder but have coins on an exchange will i be rewarded the new coins from the snapshot or will the exchange be given them and then i wont see any of them?

Edit:- or is this nothing to do with what im talking about?

If you have coins on an exchange you may miss out on the new coins from the snapshots. You should withdraw your coins to your nxt wallet to ensure are rewarded with the new coins from the snapshot.

At a guess the exchange might be given them otherwise, or the coins on exchanges might be missed out of the snapshots.
legendary
Activity: 1205
Merit: 1000
1. Where did the name ardor come from?

2. What is the purpose of the first child chain?

1. https://nxtforum.org/general-discussion/the-story-behind-the-name-of-ardor/msg219934/#msg219934

2. It's the functional chain, now called FXT temporarily. It looks much like Nxt 1.0 now is. Is has Asset Exchange, Messages, Voting, Phased transactions, Account control, Marketplace, MS, etc... all the Nxt functions.
sr. member
Activity: 332
Merit: 250
1. Where did the name ardor come from?

2. What is the purpose of the first child chain?
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
I skimmed through that information their but i couldnt see anything on who all the new coins would be distributed to. Does anyone know if im an nxt holder but have coins on an exchange will i be rewarded the new coins from the snapshot or will the exchange be given them and then i wont see any of them?

Edit:- or is this nothing to do with what im talking about?
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