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Topic: Ardor: Lisk/Eth's biggest competition . 1billion potential cap(10x returns) - page 3. (Read 19589 times)

full member
Activity: 280
Merit: 100
Thanks for this thread on ardor. You hear a lot of uücoming things regarding ardor. I will do my own research and then decide.

Cheers
full member
Activity: 238
Merit: 102
I believe he's referring to the second part stating ardor will be 1 to 1, too bad no bonuses .


The bonus was 1 year ago with the Ardor airdrop for NXT....Too bad you are late.

Well... for the basics ardor is offering...the price right now is definitely a bonus as well! 3k satoshi will be a Gift.... just wait until the mainnet is launched and you will agree.
newbie
Activity: 1
Merit: 0
@cryptomessiah What do you think about ethereum's plasma, will it diminish the advantage of ARDR?
newbie
Activity: 42
Merit: 0
I believe he's referring to the second part stating ardor will be 1 to 1, too bad no bonuses .


The bonus was 1 year ago with the Ardor airdrop for NXT....Too bad you are late.
full member
Activity: 175
Merit: 100
Hoqu.io – Decentralized Affiliate platform
I believe he's referring to the second part stating ardor will be 1 to 1, too bad no bonuses .
legendary
Activity: 1162
Merit: 1005
on 25th December they will take a snapshot for all NXT wallets (ardor amount) and give the same amount of ardor in the new ardor wallets.

So not sure what will happen if you store them on a exchange. Better get them safe in your wallet before that date.

For 1 NXT you hold during snapshot, you'll receive 0.5 Ignis and will still have your NXT.
For 1 ARDR asset you hold during snapshot, you'll receive 1 ARDR token on Ardor platform, but ARDR asset will be frozen on Nxt platform, no usage of them after snapshot.

So it will be like coin swap?? and we will receive the same amount with nothing extra

What do you mean with nothing extra? You'll receive 0.5 Ignis for 1 Nxt you hold extra and still have your NXT.
legendary
Activity: 1162
Merit: 1005
on 25th December they will take a snapshot for all NXT wallets (ardor amount) and give the same amount of ardor in the new ardor wallets.

So not sure what will happen if you store them on a exchange. Better get them safe in your wallet before that date.

For 1 NXT you hold during snapshot, you'll receive 0.5 Ignis and will still have your NXT.
For 1 ARDR asset you hold during snapshot, you'll receive 1 ARDR token on Ardor platform, but ARDR asset will be frozen on Nxt platform, no usage of them after snapshot.

So it will be like coin swap?? and we will receive the same amount with nothing extra
member
Activity: 73
Merit: 10
If you are interested in doing an interview about the project please get in touch as it looks a good project.
full member
Activity: 294
Merit: 100
on 25th December they will take a snapshot for all NXT wallets (ardor amount) and give the same amount of ardor in the new ardor wallets.

So not sure what will happen if you store them on a exchange. Better get them safe in your wallet before that date.

So it will be like coin swap?? and we will receive the same amount with nothing extra
legendary
Activity: 1162
Merit: 1005
New Ardor testnet version 2.0.4e released: https://nxtforum.org/nrs-releases/ardor-v2-0-4e

What's new:

Change log:

This Ardor platform release introduces several important new features.
It is for testnet only, and involves a reset of the existing testnet and
starting from a new Genesis block.


Major new features:

- - Asset Control.

Similar to Account Control which once set requires all transactions of an
account to be subject to approval (i.e. to use phasing), the new Asset Control
feature allows imposing such restriction to all transactions involving a given
asset - such as placing bid and ask orders, transfers, share deletions, and
dividend payments that use the asset as a dividend.
This feature enables for example a private company to issue its shares on the
Ardor blockchain, yet to impose control over who can purchase or sell them, for
example requiring asset transactions to be approved by its board of directors,
or a shareholder voting.
It also allows asset issuers to be KYC compliant, by only allowing verified
accounts to transact with their assets.

- - Composite Phasing

The Composite Phasing ("Smart Phasing") is a very powerful new feature that
allows approval models for conditional transactions to be defined in terms of a
Boolean combination of other approval models, i.e. allows joining the current
primitive approval models such as by whitelist, by asset balance, by hash, etc,
using the AND, OR, and NOT operators.
This allows the new Asset Control feature to be used in combination with the
Account Control feature when required, the transaction execution being made
conditional on satisfying both the Asset Control and Account Control settings.
It also allows for example combining the existing by hash or by transaction
approval models with by whitelist, by balance, etc, approvals, which enables
doing atomic coupling of transactions (including cross-blockchain) even for
multisignature accounts (i.e. subject to Account Control), or with assets
subject to Asset Control.
The NOT operator allows for dead-man-switch type conditions, where a
transaction is executed only if some condition (e.g. revealing a secret) is not
satisfied.

- - By-Property phasing

The new by-property approval model allows the transaction execution to be made
conditional on the sender account or the recipient account having a specific
account property set. If this property is set, the transaction will be executed
immediately, else, a second check whether the property is set is performed at
the finish height defined. This allows for example enforcing KYC by asset
issuers, who can define in their Asset Control settings that only KYC-verified
accounts, labelled with a predefined account property by a trusted authority
(or the asset issuer itself), to perform transactions with their assets.

- - Asset share increase

A new transaction type has been added, allowing the asset issuer to increase
the total number of asset shares in existence. The new shares are allocated to
the asset issuer account, but can be then distributed to shareholders using
a separate dividend payment transaction. This allows corporate actions such as
capital increases or stock splits to be performed.


Imports from Nxt blockchain:

To test the snapshot process planned for the production Ardor release, this
testnet release is based on a Genesis block created from a snapshot of the
production Nxt blockchain as of block height 1558030. The following records
have been imported:

- - Accounts public keys

- - Account balances. ARDOR chain balances are based on ARDR asset balances, and
IGNIS chain balances are based on NXT balances divided by 2, plus JLRDA asset
balances. Each of those has been additionally divided by 2, in order to
allocate 50% of the testnet coins to developer accounts for testing purposes.
BITSWIFT chain balances are based on Bitswift asset balances, plus a 10%
airdrop distributed proportionately to all IGNIS holders.

- - Account info (name and description)

- - Account properties

- - Account control settings, but only for account control by whitelist with no
minimum balance. Other types of account control will not be imported.

- - Account aliases have been imported to the IGNIS child chain.

- - Assets. Only the Janus, JanusXT, and ComJNSXT assets have been imported, with
their asset ids preserved.

- - Monetary system currencies have been imported to the IGNIS child chain, but
only the currency code and name, in order to reserve those. It would be up to
each currency issuer to re-issue the currency with the appropriate properties
and re-distribute it to users.


Modified APIs:

GetAssetDeletes has been replaced with GetAssetHistory, with "deletesOnly", and
"increasesOnly" optional parameters to retrieve only share delete or share
increase history events.

ApproveTransaction now takes multivalued revealedSecret parameter, to allow
revealing multiple secrets for transactions using composite phasing.

SetPhasingOnlyControl now optionally also accepts the account control phasing
parameters in a JSON format, as a single "controlPhasing" parameter.

All CreateTransaction API now optionally also accept the transaction phasing
parameters in a JSON format as "phasingParams" and "phasingSubPolls" parameters.

For by-property phasing, the following new parameters have been added:
"phasingSenderPropertySetter", "phasingSenderPropertyName",
"phasingSenderPropertyValue", "phasingRecipientPropertySetter",
"phasingRecipientPropertyName", "phasingRecipientPropertyValue".

For composite phasing, the boolean expression can be supplied in Disjunctive
Normal Form as "phasingExpression" parameter, with no parentheses, variables
in format [a-zA-Z][a-zA-Z0-9]* and operators "&" (AND), "|" (OR), "!" (NOT).

For each variable appearing in the boolean expression, the phasing parameters
of its sub-poll can be specified as separate parameter with prefix
"phasing", or as JSON in the "phasingSubPolls" parameter.


New APIs:

IncreaseAssetShares - create new asset shares. Only the asset issuer can submit
a share increase transaction.

EvaluateExpression - evaluates a Boolean expression, for use in composite
phasing.

ParsePhasingParams - converts phasing parameters, submitted as HTTP request
parameters, to a JSON format.

GetPhasingAssetControl - returns the phasing control for a given asset, if set.

SetPhasingAssetControl - set or unset phasing control for an asset. Only the
asset issuer can change asset control settings. If an asset is not under asset
control, a new asset control can only be set if all shares are currently owned
by the asset issuer.


Ported various bugfixes and improvements from Nxt up to version 1.11.9.

Updated jetty to version 9.3.22, bouncycastle to 1.58, and the izpack installer
to version 5.1.2.

Since this release requires a full reset of testnet starting from a new Genesis
block, if upgrading from 2.0.3e or earlier, in addition to the lib folder the
nxt_test_db folder must also be deleted. The import of snapshot balances on
first start may take a few minutes and should not be interrupted.

The testnet Genesis block timestamp has been set to 00:00 (midnight) UTC time
on Monday, Nov 6th, in order to allow time for users to setup nodes check their
balances, and start forging.
Block generation will commence automatically once that time has been reached,
and only then it will become possible to create and send new transactions.
member
Activity: 151
Merit: 11
for the technology,it is one of the most promising altcoins
and i just love how it is performing in the market.
still in red but it's the only one in my portfolio that's not bleeding to death.
legendary
Activity: 1162
Merit: 1005
One of the problems with me with ardor is that is really complicated to understand, even the team when you ask them you cannot get few sentences simple description. all is really confusing

Just few posts before you posted. Core dev Q@A. If it is still unclear what Ardor is, www.jelurida.com has enough resourses for explaining.
full member
Activity: 238
Merit: 102
on 25th December they will take a snapshot for all NXT wallets (ardor amount) and give the same amount of ardor in the new ardor wallets.

So not sure what will happen if you store them on a exchange. Better get them safe in your wallet before that date.
member
Activity: 66
Merit: 10
One of the problems with me with ardor is that is really complicated to understand, even the team when you ask them you cannot get few sentences simple description. all is really confusing
hero member
Activity: 812
Merit: 509
Hopefully this can legitimately go up.

Right now its BTC value has stayed put while the fiat value has been jumping up because of the fact that bitcoin has gone up. Market cap is around 1/5th of what the OP is suggesting is possible in a short amount of time.

I would have thought that NEO would be the biggest competition for ETH/lisk though?
full member
Activity: 294
Merit: 100
I am keeping ardor tokens in the exchange as I have small amount, should I send it to NXT wallet ??


Is there any benefit of transferring to NXT wallet?
legendary
Activity: 1162
Merit: 1005
newbie
Activity: 42
Merit: 0
NXT still has the best wallet I ever used. I'm not aware of any API rivaling it either. The tech worked perfect for four years. And Ardor is made for developers. And working on testnet - ahead of the direct competition.


Those are wise words, my man.
sr. member
Activity: 252
Merit: 250
But my concern with such project is, why would it grow significantly if there are already other similar project, yet already bigger. I mean even the title says it's Lisk/Eth biggest competition. But they are miles ahead of it. It takes only one good move from lisk or even ark developers to get their technology widely used, while eth is already very popular and people are even expecting the price of $1000 by the end of the year. So why a new, unknown project is even worth researching into, if there are others that are much more developed. I mean, is one tweak or small difference in execution really enough to beat coins that are at least x10 more valuable and used on the market.

It's a good question I would say. Ethereum is already trying to copy Ardor with their Plasma idea - they don't mention Ardor, but the similarities are very clear. So if they get there first, or even second but with their marketing advantage, they might eat the cake again (like with smart contracts, where Burst was earlier).
The advantage on Ardor's side is that the tech is working already. Launch is close. And big projects like Ether will have a harder time catching up with the smaller - more agile ones.
We'll have to see. It's an uphill battle. The rewards are bigger though if Ardor makes it. Ether's cap is already maxed out. I think it will go lower before it can rise again.

Lisk and Ark though are not even that far ahead. It's like 2 steps on coinmarketcap.

The issue I have with NXT/Ardor team is that they are missing the marketing aspect of their coin, what rely help Ethereum s the way it was branded, NXT foundation use to have sound developers though most of them have moved on to other projects now but they should be doing better than they are currently

No team will ever pull such a marketing stunt like Ether. Brilliant salesmanship - with a clear figurehead that people can follow. Ardor doesn't have any of that so far. 
With the ICO money things will get better - but the market is much more crowded than 2 years ago. Getting attention is even tougher. My hope is that the merits will work out in the long run: NXT still has the best wallet I ever used. I'm not aware of any API rivaling it either. The tech worked perfect for four years. And Ardor is made for developers. And working on testnet - ahead of the direct competition.
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