Topic: ARDOR NXT - page 2. (Read 8047 times)

how to coount ARDOR dristributions if not full day NXT stake (for example: 1 month nxt stake) ?

is this online wallet called mynxt wallet ( https://wallet.mynxt.info ) part of nxt org, can I store my nxt there and receive ardor safely.

Thanks for your help   in advance

p.s Also whats the difference between installing nxt client and web wallet. Installing the nxt client takes a lot of bandwidth making it a bit expensive and time consuming.

What does the ardr coin do exactly?

Nxt and Ardor very specifically did not go for scriptable Smart Contracts. There are several reasons for not doing so:

1. You have no way of controlling the quality of the code. This can lead to unfortunate results and create huge problems.
2. A large portion of the market has need for out of the box solutions, not custom ones. Nxt and Ardor offer hardcoded and modular Smart contracts (or smart transactions) which are tested and secure. For most SME's these cover a lot of use cases and are more cost effective.
3. Lisk is still in development: Nxt already works, and has been operational for 2,5 years. Ardor will use the same tech. If a company wants to use software that's tested and tried, it should go to Nxt or Ardor (depending on the use case).
4. Waves is also still in development. Same argument as before. The idea might be sound, there is no way to predict now whether it will pull off its promise.

The child chain architecture is unique to Ardor. Lisk and Waves do not have it, neither does Ethereum. Bloat is a problem that all of them have and Ardor is the system that is concentrating on it.

What does the ardr coin do exactly?

can u guys tell me what can be done with the nxt-ardor in the real life at this point of time?

~CfA~

We can't give away too much until the final features of Ardor are tested repeatedly.

But, here are a few of the features coming with the new Ardor release:

1. Offering Blockchain as a Service - Ardor will open blockchain development to organizations and individuals across the world. The high barriers to getting started with blockchain are about to vanish.

2. Manageable Blockchain Size - Ardor will solve the problem of scalability by separating transactions and data that do not affect security from those that do, and moving all of those that don't affect security onto child chains. The Ardor team will create the first child chain to house many Nxt 1.0 tools as well as future features. This small size also comes with short transaction times so processes need only a fraction of time compared to Bitcoin to execute functions.

3. A Decentralized Asset Exchange - Building off of the Asset Exchange on Nxt, Ardor will enable the ability to trade assets on any child chain for any of the child chain tokens. This allows child chains to interact with each other and opens up numerous opportunities for collaboration as well as allow cross chain asset trading, a long-requested feature within the Nxt ecosystem.

4. Decentralized Voting and Governance Systems - Ardor will be at the core of decentralized consensus in the future. Secure and anonymous voting will be an available feature on all child chains as it is on the Nxt platform.

5. Phased Transactions - Users can set multiple conditions before a transaction is executed, such as a minimum number of votes and a set amount of time. Like Nxt, Ardor will use Smart Transactions. With this, users will only need to submit the parameters necessary for the transaction and the ID of the functionality they want to use. The transaction process is also completely decentralized. No centralized server, service, or application, like Ethereum’s Oracle, is needed.

“Rather than providing smart contracts, NXT is focused on implementing the important use cases and functions directly into the core of both Nxt and Ardor. This approach has proven to be scalable and secure and will become more so when Ardor is released” – Riker

These are a few of the things Ardor will give you and the cryptocurrency community. As development continues and testing is finalized, you'll get a detailed analysis of each of the new tools, as well as the core features built into Ardor. We'll also reveal, step-by-step, a list of our partners and what they're doing with our technology.

Now you can keep your NXT.

I don't understand how is that different.

ARDOR NXT is better than the ICOs that are everywhere. Most ICOs lose investors money like with the WAVES and RISE ICOs, but the devs get paid thousands of BITCOINS even if their coin flops. ARDOR will make investors money because it's in the devs interest to make it successful.

In the new Nxt Client (1.9.2) you can see how much Ardor you are getting realtime.

Do we still get Nxt 2.0 for holding Nxt if we don't update to Nxt client 1.9.2 until after the snapshots stop? I sent my Nxt to an address, and intend to leave them in it for the full three months of snapshots without updating or syncing my wallet.

Do we still get Nxt 2.0 for holding Nxt if we don't update to Nxt client 1.9.2 until after the snapshots stop? I sent my Nxt to an address, and intend to leave them in it for the full three months of snapshots without updating or syncing my wallet.