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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 116. (Read 395870 times)

sr. member
Activity: 700
Merit: 330
Tell me why one will use Ardor if there is NXT? What is the purpose of this?


You can build a bunch of new applications and different designs inside the blockchain without the NXT limitations. You could for example open a blockchain to record business documents and have all your documents secured by the Ardor Network without adding gigabytes in the main blockchain cause you can set an archival node.


In the current NXT blockchain the users need to use nxt coin, but with Ardor you can set your own child chain and charge the user transactions with your own token and it can be a token backed by USD, Euros or wwzsocki's Coin.

This solves problems like scalability issues, cross chain trade tokens and others. The NXT team is one more time leading the blockchain tech industry to a whole new level.

But what will be the purpose of Ardor token in this network? If anyone can create its own token and charge transactions with this token, isn't Ardor token useless in this case?
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Tell me why one will use Ardor if there is NXT? What is the purpose of this?


You can build a bunch of new applications and different designs inside the blockchain without the NXT limitations. You could for example open a blockchain to record business documents and have all your documents secured by the Ardor Network without adding gigabytes in the main blockchain cause you can set an archival node.


In the current NXT blockchain the users need to use nxt coin, but with Ardor you can set your own child chain and charge the user transactions with your own token and it can be a token backed by USD, Euros or wwzsocki's Coin.

This solves problems like scalability issues, cross chain trade tokens and others. The NXT team is one more time leading the blockchain tech industry to a whole new level.

Thank you now I have to wait for low entry.
sr. member
Activity: 335
Merit: 250
Ardor broke 10 cents!  Cheesy
sr. member
Activity: 378
Merit: 250
s there an ardr wallet or should i use the nxt wallet?

Btw how long will it take to sync?

Thank you

Same question here. Appreciate if someone has the answers.

Use this wallet to withdraw ARDR from exchanges:
https://nxtforum.org/nrs-releases/nrs-v1-11-5/

You have three options:

1) sync from scratch, can take a few hours;

2) download the latest ready blockchain files from peerexplorer.com (bottom of page link);

3) Activate Lite mode:

3a) Unpack Nxt client if you use the zip link or install if you use the installer.

3b) Locate directory nxt/conf.

On Windows it is here: C:\Users\AppData\Roaming\NXT\conf

Mac: ~/.nxt/conf

Linux: /conf folder under the root installation

3c) Create a text file nxt.properties in this directory with a single line:

nxt.isLightClient=true

start the Nxt client and it will not be downloading the blockchain.




Once you have withdrawn ARDR to your account, wait for Ardor launch in 2-3 months.
newbie
Activity: 11
Merit: 0
s there an ardr wallet or should i use the nxt wallet?

Btw how long will it take to sync?

Thank you

Same question here. Appreciate if someone has the answers.
member
Activity: 84
Merit: 10
s there an ardr wallet or should i use the nxt wallet?

Btw how long will it take to sync?

Thank you
sr. member
Activity: 378
Merit: 250
FYI, newcomers!
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
full member
Activity: 145
Merit: 100
Announcement!

Ardor added on list Coin Price ticker.

Go to google play: https://play.google.com/store/apps/details?id=wiskunde.nl.coinpriceticker&hl=nl to download Coin price ticker(CPT).

For a preview see link: https://twitter.com/WISKUNDESTUDENT/status/864910167443468288

Sincerely,

Wiskunde
sr. member
Activity: 378
Merit: 250
The roadmap says Ardor will be released in Q3 2017. Could you bring us more information on this topic, is it going to be launched in 2 weeks or by the middle or the end of the quarter ?

There is no such information at this time. Stay tuned.
full member
Activity: 130
Merit: 100
thecryptoconsultant.com
The roadmap says Ardor will be released in Q3 2017. Could you bring us more information on this topic, is it going to be launched in 2 weeks or by the middle or the end of the quarter ?
full member
Activity: 230
Merit: 111
Editor no Cointimes
Tell me why one will use Ardor if there is NXT? What is the purpose of this?


You can build a bunch of new applications and different designs inside the blockchain without the NXT limitations. You could for example open a blockchain to record business documents and have all your documents secured by the Ardor Network without adding gigabytes in the main blockchain cause you can set an archival node.


In the current NXT blockchain the users need to use nxt coin, but with Ardor you can set your own child chain and charge the user transactions with your own token and it can be a token backed by USD, Euros or wwzsocki's Coin.

This solves problems like scalability issues, cross chain trade tokens and others. The NXT team is one more time leading the blockchain tech industry to a whole new level.
legendary
Activity: 1162
Merit: 1005
Tell me why one will use Ardor if there is NXT? What is the purpose of this?


Here is a good read to understand differences between Nxt and Ardor: https://www.jelurida.com/ardor-nxt-feature-comparison
sr. member
Activity: 378
Merit: 250
Tell me why one will use Ardor if there is NXT? What is the purpose of this?


Ardor is 35x more scalable than Nxt or Bitcoin.

Some companies will want their own blockchains (in the form of child chains) secured by the main forging chain of Ardor tokens. It's a blockchain as a service thing. One analogy, you don't build a shipping company to deliver whatever you sell to customers, you hire someone else to ship products. Another, you don't build your own datacenter to host a website, you hire specialized services.

Ardor platform is like that, it can be hired to process transactions on a company's custom blockchain and it gives a rich toolset to businesses.

There are some limitations in Nxt for businesses, fees higher than what they will get in Ardor, less tps.
For smaller companies and persons who don't need high tps, Nxt is just fine.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Tell me why one will use Ardor if there is NXT? What is the purpose of this?
hero member
Activity: 770
Merit: 500
Nxt news – May 2017 (III): The Only Freedom You Truly Have is in Your Mind – Use It


May 2017 (III)

NXT COMMUNITY

    Blockchain Event by El Pais Retina – Decentralized Voting
    Nxt in a Box – How to Setup a Nxt Node on a Raspberry Pi 2
    Jelurida – Using the Nxt and Ardor Blockchains Without Installing the Client
    Janus – New Projects and Q&A Session
    Adel – Roadmap and New White Paper Published
    19800.com – New Market ARDR/CNY

NXT IN THE MEDIA

    Cointelegraph – Reviews and Articles About Adel

PRICE EVOLUTION

    Weekly NXT/ARDR Price Evolution

https://www.nxter.org/nxt-news-may-2017-iii-freedom-truly-mind-use
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
sr. member
Activity: 742
Merit: 257
And we go again.
i think that 10k sats or even 12k sats are possible. this is one of the coins that did not move to a new ATH like a lot coins did. and NXT will follow.

I agree, I think ardor and NXT are not pump and dump. this make them more safe to invest.

10k sats will bring more people and investors in the project.

of course 10k is possible. It is not even release now. Just image, what will be with price in some months)
legendary
Activity: 1162
Merit: 1005
Wall of BS. Give the facts or shut up. Thank you.
legendary
Activity: 1162
Merit: 1000
THE FACT THAT THE NXT TEAM doubled their already HUGE HOLDINGS

How much do they have? How do you know?
And how did they double it? If they doubled the chains for everyone, then everyone got double - so it all stays the same.
The Ardor chain isn't even started yet - we do not know what the plan for the remaining 50% IGNIS are. Do you know things from the future?

Only when the responsible parties have made public, openly, their intentions. From the first announcement, they were very clear about the other 50% going to the development team. Since that development team actually create the private company that Jelurida is, with the express purpose of selling the subsequent childchains in Ardor, one doesn't need to "know things from the future", as you put it, to know the FACTS. All of this has been published and commented on at length on this very thread. Perhaps you should read the pertinent information before jumping the gun? Just a suggestion. Yes, they doubled their coins with the snapshot just like everyone else... only difference is that they forge about 98% of all coins forged, as a group, so not exactly the fair distribution it is claimed to be. Not altogether unfair either, just the way it was.


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The other thing that is quite frustrating is the pretended ignorance that this is now a centralized project (not exactly now but in the very near future), in fact a private shop, Jelurida, selling, among other things, child chains for profit. Jelurida owns the platform, so they own NXT, they own ARDR and they will own 50% of IGNIS and 100% of every and all subsequent childchains.

They will not "own" the childchains. Those will be owned by anyone who creates them. It will be essentially just like the assets in NXT.
And Jelurida doesn't own the platform - they only own the commercial license. At the start that will be limited, as far as I understand to make sure the system works before everyone can do it. I doubt proceeds will then go to Jelurida - as far as I see from the license some income will go to ARDR holders - basically fees just as in NXT.

Nope, like above, you are wrong. Jelurida owns both the platform AND every single one of the childchains THEY create on Ardor.

One can argue maybe that they're moving to too much centralization - but it's hard to argue from your confusing points. They seem all over the map. But then you openly say you are actually not interested in the details.... maybe you shouldn't spout invented information then?

I never "invent" any information and all of this is, I repeat, has been posted here very clearly -for normal people with regular understanding abilities in the English language-. There's not "too much centralization" nor "perhaps" either, you are just reaching. Jelurida is a 100% private company who controls the childchains they create and sell commercially on Ardor. It's centralization, 100%. no one con "argue" about that. No more than you can argue about "maybe she's a little pregnant".  And I never "spout" anything either. Ever. Nothing in NXT is sold commercially by a private party -at least publicly-, so that's a big difference right there: NXT is owned by the coinholders while the childchains of Ardor, created by the team we are all supporting with our investment and -those who forge- our computers securing the network, will belong to Jelurida who is the sole beneficiary of the sales proceeds.


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I really don't know what kind of wisdom, "help" -or religion- you want me to get on slack.... I've been around long enough to know that 60 people own 90% -or so- of the total NXT and ARDR in circulation,

Again, how do you know any of that? It's total bullshit. First off: when NXT started it was 73 holders, not 60. And that's nearly three years ago, most of these years with a price in the gutter. Whales sold a lot, and anyone could have bought for cheap. Nobody knows how many own how much.

Probably no one actually knows that. What we DO know -again because it is information widely available to any one-, is that there's a significant accumulation still in the top 50 wallets... not to mention the obvious facts that those initial 72 (one sold out to enormous ruckus, very early on) own several wallets, potentially a large number of them. But just because no one can "put up" everyone should "shut up" about a very troublesome problem relative to the distribution of NXT/ARDR? I do not think so, sorry. For the simple reason that the forging level achieved by those top wallets gobbles up the lion's share of the whole forging proceeds, possibly to the tune of 98% of it. Of course, since it cannot be documented, you can choose to disregard the concern, but it will be your choosing, not a lack of legitimate concern on the part of most average supporters of this project.

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...and that the biggest of the holders are part of Jelurida

Which isn't even possible if what you just before said is true. Jelurida is new - and didn't exist on the original NXT ICO. You're contradicting your own inventions.

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Telling me I am wrong in any of these statements, with dire proof of the deed, would "help" me. Cultist, absurd, baseless rhetoric, on the other hand...

You have of course no "proof of the deed" whatsoever. I would say: Put up or shut up.

Sorry can't do. While "proof of the deed" is impossible to obtain, the legal figure of reasonable doubt could easily apply in this case while the burden of proof is neither on the average supporters, nor the cultist wanting to "help".
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