Topic: [ANN] NEWB - The crypto market's dirty little secret - page 18. (Read 153786 times)

Great!! hope we'll see a 1$ newbium by then 

We have a decentralized team located around the world, development is always taking place even when we do not provide updates.    

I’ve been trying to figure out how to explain Blockchain, Cryptocurrency, and ICOs in a short elevator pitch.  Got a great suggestion from “Blockchain Business Consultants” (www.bchainconsult.com) I’m sharing here.  If you like it, please feel free to use it.  If you have suggestions to make this better (but not longer), please let me know.

How to Explain Blockchain, Cryptocurrency, and ICOs in one short paragraph Elevator Pitch


A blockchain is a secure distributed ledger or database where past “blocks” of entries are “locked in” so securely that you cannot alter them.  It is not run by a company or any trusted party—but a computer network.  A network of computers reach a consensus on the current block of transactions and once a majority agree, the new block of transactions is locked onto the blockchain database.  It’s a virtually unhackable, highly secure distributed ledger that can replace intermediaries like banks, or any company and authority now relied on as “trusted party” or controller of an information system.  With “Smart contracts” in the blockchain system, executed by the computer network when agreed upon conditions are met, you can conduct transactions without lawyers and middlemen.  Blockchain is used for virtually unhackable digital currency to pay for online transactions (cryptocurrency—like Bitcoin, Ether, others) and for a new means of raising funds:  an “Initial Coin Offering” where you produce a “token” you can trade on a blockchain that, combined with Smart Contracts, provides rights to buyers to use services or buy products.

For NEWB on C-Cex exchange you will need to store it using Nxt wallet.  Etherwallet is used to store NEWB traded on EtherDelta.



 

Ca't withdraw Newbium to etherwallet... says it needs nxt address .

I would put the timeframe for automated swap at 12- 24 months depending on when Ethereum moves to POS.  Manual swaps would not be practical.  

Good work Dev team, I am already seeing the activities on newbium price on c-cex at this rate we should be seeing 400sat days again

Great news! Realistic use cases.

When will it be possible to swap Newb-NXT to Newb-ETH?

NXT works on a brainwallet meaning if you have your NXT address and the secret passphrase you should be able to log into your account from any computer with a NXT wallet.

Check MyNxt wallet to see if it give you the option of writing down and backing up your secret passphrase.

Do you mean I can Import my wallet or I have to send to a new address? I prefer to import because on mynxt wallet I have some assets.

Alternatively you can just type in your account number and secret passphrase into the desktop wallet.

Thank you, I am trying to access my MyNxt Wallet account in the Nxt Client.
I am following this precedure https://nxtforum.org/mynxt-info/accessing-your-mynxt-wallet-accounts-in-the-nxt-client/

Childchains is the main feature of Ardor (Nxt 2.0) and will allow us to do much more with NEWB NXT token.

Both NEWB NXT & NEWB ETH are on coinmarketcap.   Please move your NEWB NXT from MyNxt wallet to either the NXT local wallet follow instructions here: https://medium.com/newbium-news-updates/newbium-nxt-blockchain-coin-distribution-process-c6c716a786b1    or temporarily move it to C-Cex exchange.

ok childchains? I'll look into it, sounds insteresting

This is a unique Idea for those who are interested in Crypto News.

Thanks for telling us for such an important thing.

I have newbium on Mynxt (which is closing) and Newbium on ethereum Blockchain.

Please dev, can you explain which is the one on coinmarketcap?

Newbium on NXT -----> Exchange?

Newbium on Eth -----> Etherdelta?

We will not move to IGNIS chain but instead migrate directly to Newbium childchain once childchains are enabled on Ardor.

 

nice to see good development here