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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 102. (Read 395841 times)

legendary
Activity: 1205
Merit: 1000
Vote for the new Ignis logo
(easily on the Nxt blockchain of course)  Cool

Account: NXT-ZZW7-U2KL-AV2U-8P8FE
Poll ID: 1977236085310946157
The logo's: https://nxtforum.org/general-discussion/ignis-logo-lets-create-one-together!/msg233655/#msg233655

legendary
Activity: 1205
Merit: 1000
Ardor is a NXT-Asset yet. You have to transfer them to your NXT-Wallet.

2 questions.

1. do I simply transfer to NXT address like Ethereun and ERC20?
2. then I don't understand how to stake ARDR if it's on NXT wallet..

ARDR is just an asset on the Nxt blockchain (on the Nxt Asset Exchange to be precise). Later on the launch of Ardor, all accounts with ARDR assets will get Ardor tokens (on the new Ardor blockchain). Just be sure to keep your ARDR in your account.

full member
Activity: 308
Merit: 100
Ardor is a NXT-Asset yet. You have to transfer them to your NXT-Wallet.

2 questions.

1. do I simply transfer to NXT address like Ethereun and ERC20?
2. then I don't understand how to stake ARDR if it's on NXT wallet..
hero member
Activity: 1177
Merit: 500
Ardor is a NXT-Asset yet. You have to transfer them to your NXT-Wallet.
full member
Activity: 308
Merit: 100
Where can I add my Ardor coins to? from the exchange to where? can't see any ardor wallet
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Let me show you the safe way [...]

Thank you. That was the clearest statement to this topic so far.

Just wanted to say "Welcome" in case nobody else did. You were lucky to get someone like "lurker10" who understands that it isn't as easy as most of the "old timers" here thing it is to figure all this out on your own. That was my problem when getting involved with NXT and all it's branches and limbs, no one would would take the time to explain it all to a "newbie". Problem is, without newbies, sooner or later, it all falls apart...

jr. member
Activity: 35
Merit: 3
Let me show you the safe way [...]

Thank you. That was the clearest statement to this topic so far.
sr. member
Activity: 378
Merit: 250
Do NXT holders in exchanges also get ignis?

I don't think so.

Wouldn't it be in the interest of the exchanges to support this and prevent massive withrawal?

They can but they don't have to.

Why take chances?

Let me show you the safe way:

Today.
Download and install the wallet from https://nxt.org/download

Create a new account, remember/write down your passphrase, don't forget it.

Withdraw ARDR from the exchange to your address, the one that starts with NXT- (can be found in the top left corner of the wallet, also called Account id).

Sync the blockchain to the end (can take a few hours depending on your hardware speed) and you will see your ARDR under Asset exchange.

In September.
Wait for Ardor platform launch in September, download the Ardor wallet when it becomes available and log in using the same passphrase.
jr. member
Activity: 35
Merit: 3
Do NXT holders in exchanges also get ignis?

I don't think so.

Wouldn't it be in the interest of the exchanges to support this and prevent massive withrawal?
hero member
Activity: 1358
Merit: 635
God what a mess.

So I should sell my NXT/ARDOR asap?

I don't understand what is this ICO about and how it is related to NXT/ARDOR

Ardor has the same function as hashrate in btc, it does not transfer the value. Ignis coin  will ransfer value via its own blockchain which is the childchain of the ARDOR. ICO is opportunity to get some IGNIS coin.
hero member
Activity: 700
Merit: 500
Do NXT holders in exchanges also get ignis?

I don't think so.
newbie
Activity: 24
Merit: 0
Do NXT holders in exchanges also get ignis?
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Ardor is low now . Time to buy more and ready to embrace its Blockchain as a Service property with its first child chain Ignis though you should have Nxt for you to have 1/2 of Ignis token.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Could you please explain to the crypto retarded what this means for Ardor? Is it time to dump Ardor and buy more NXT?

ARDR distribution

The ARDR coin distribution will be 100% based on ARDR asset balances from the Nxt blockchain, in 1:1 ratio, with each user account automatically receiving the same number of ARDR coins on the Ardor platform as the number of ARDR tokens they have at the time of the snapshot. As a reminder, ARDR tokens on the Nxt blockchain were allocated to NXT holders based on their average NXT balances during a three month period in 2016. ARDR tokens have been freely tradeable ever since. No new ARDR coins will be created.

https://www.jelurida.com/ico
that's explain ardor but how this project will affect ardor system? if buying more next will be more profitable than holding ardor I think this project
will be messed up since another project will be coming out coming from this mother project.
sr. member
Activity: 285
Merit: 251
God what a mess.

So I should sell my NXT/ARDOR asap?

I don't understand what is this ICO about and how it is related to NXT/ARDOR

IGNIS distribution

The total amount of IGNIS coins issued will be equal to half of the amount of NXT coins existing on the Nxt blockchain at the time of the Ardor Genesis Snapshot, plus 500 M (five hundred million).

As already promised, approximately half of the IGNIS coins will be reserved and distributed automatically to the NXT holders based on their account balances at the time of the Ardor Genesis Snapshot, at 1 NXT = 0.5 IGNIS ratio.

From the remaining 500 M (five hundred million) IGNIS, 420 M (four hundred and twenty million) will be offered to the general public in a crowdsale (ICO), and 80 M (eighty million) will be kept by Jelurida. The funds raised during the IGNIS token sale will be used for the further development, maintenance, advancement and world-wide promotion of the Nxt and Ardor blockchain platforms, as well as protecting the intellectual property of the code base.

The Jelurida team is now happy to announce that the legal, technical and organizational preparations for the IGNIS ICO are entering their final stage. The ICO will start near the end of July or early August 2017 (exact date and time to be disclosed at least two weeks in advance).

The token sale itself will be conducted on the Nxt blockchain platform. A "controllable currency" called JLRDA will be issued and offered for sale in several consecutive rounds. The price of the JLRDA tokens will be denominated in NXT and will increase at each round. Each round will continue one week and there will be at least one week break between subsequent rounds. The first few rounds will be priced attractively compared to the 2:1 snapshot ratio, but the price will increase significantly for the later rounds.

https://www.jelurida.com/ico

Will it at least be fair with the core community of NXT that support it for years? as, if ratio of 0.5 IGNIS for 1 NXT, in terms of initial NXT investment weight, will it get at least equal so we (early NXT investors wont lose money by holding NXT).

Also, I also hold ARDOR, what will happen to them?
And also my ARDORs are currently on bittrex, should I move them somewhere else?

ICO participants will be in more favorable conditions, as they give their NXTs. It should be so. The distribution scheme is very interesting. In my opinion, it will be most profitable to participate both in ICO and in the snapshot (in equal parts.) So now it's time to buy NXT.
full member
Activity: 308
Merit: 100
God what a mess.

So I should sell my NXT/ARDOR asap?

I don't understand what is this ICO about and how it is related to NXT/ARDOR

IGNIS distribution

The total amount of IGNIS coins issued will be equal to half of the amount of NXT coins existing on the Nxt blockchain at the time of the Ardor Genesis Snapshot, plus 500 M (five hundred million).

As already promised, approximately half of the IGNIS coins will be reserved and distributed automatically to the NXT holders based on their account balances at the time of the Ardor Genesis Snapshot, at 1 NXT = 0.5 IGNIS ratio.

From the remaining 500 M (five hundred million) IGNIS, 420 M (four hundred and twenty million) will be offered to the general public in a crowdsale (ICO), and 80 M (eighty million) will be kept by Jelurida. The funds raised during the IGNIS token sale will be used for the further development, maintenance, advancement and world-wide promotion of the Nxt and Ardor blockchain platforms, as well as protecting the intellectual property of the code base.

The Jelurida team is now happy to announce that the legal, technical and organizational preparations for the IGNIS ICO are entering their final stage. The ICO will start near the end of July or early August 2017 (exact date and time to be disclosed at least two weeks in advance).

The token sale itself will be conducted on the Nxt blockchain platform. A "controllable currency" called JLRDA will be issued and offered for sale in several consecutive rounds. The price of the JLRDA tokens will be denominated in NXT and will increase at each round. Each round will continue one week and there will be at least one week break between subsequent rounds. The first few rounds will be priced attractively compared to the 2:1 snapshot ratio, but the price will increase significantly for the later rounds.

https://www.jelurida.com/ico

Will it at least be fair with the core community of NXT that support it for years? as, if ratio of 0.5 IGNIS for 1 NXT, in terms of initial NXT investment weight, will it get at least equal so we (early NXT investors wont lose money by holding NXT).

Also, I also hold ARDOR, what will happen to them?
And also my ARDORs are currently on bittrex, should I move them somewhere else?
newbie
Activity: 26
Merit: 0
Nxt/Ardor developer Riker has stated that most probably the Ardor launch will be in September.

and the IGNIS ICO? At the same time?

from marenkar (the NXT marketing guy) on Ardor's reddit:

"Also, the snapshot date is not even announced yet and Jelurida will be announcing that soon"

this make me think the date is set and they wait to announce it

Quote
iginis ICO? i thought that just need to hold next to receive ignis tokens.

the total IGNIS available will be 1 billion
500 millions will be distributed to NXT holders
the other 500 millions will be sold as an ICO

good luck making any profits with NXT/ARDR/IGNIS with their billion coin supply...

Coin supply is NOT as important to market cap and overall price as you think it it is. As the market grows, supply becomes less and less of an issue. I've already made quite a bit of profit on this project/coin so there goes your argument. Please do some research before posting blanket statements such as this without a deep understanding of what you are talking about.

 


It is your statement that is blank. Sure a lot of profit was made with ARDR and XEM and even Ripple when they were cheap but do you seriously think this can have a 10 Billions + marketcap? These large supply coins reached their limits already. IOTA and XEM to some extent are a special case as they are innovative technologies, the rest is just hype and dumb money.

Total coin supply does matter and will always matter.
hero member
Activity: 560
Merit: 500
sr. member
Activity: 285
Merit: 251
Could you please explain to the crypto retarded what this means for Ardor? Is it time to dump Ardor and buy more NXT?

ARDR distribution

The ARDR coin distribution will be 100% based on ARDR asset balances from the Nxt blockchain, in 1:1 ratio, with each user account automatically receiving the same number of ARDR coins on the Ardor platform as the number of ARDR tokens they have at the time of the snapshot. As a reminder, ARDR tokens on the Nxt blockchain were allocated to NXT holders based on their average NXT balances during a three month period in 2016. ARDR tokens have been freely tradeable ever since. No new ARDR coins will be created.

https://www.jelurida.com/ico
hero member
Activity: 560
Merit: 500
Could you please explain to the crypto retarded what this means for Ardor? Is it time to dump Ardor and buy more NXT?
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