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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 178. (Read 395484 times)

sr. member
Activity: 321
Merit: 252
What are the differences between Ardor and Strat?
What's the difference between McDonald's and Burger King?

So they are similar then? I was hoping to find out how they were different.
Nxt is located in Amsterdam, Stratis in London.
legendary
Activity: 2156
Merit: 1070
What are the differences between Ardor and Strat?
What's the difference between McDonald's and Burger King?

So they are similar then? I was hoping to find out how they were different.
legendary
Activity: 1162
Merit: 1000
What are the differences between Ardor and Strat?
What's the difference between McDonald's and Burger King?

I wouldn't know I don't eat their crap food!  Lips sealed
Can somebody explain please?!  Huh

Both projects are smoke and mirrors... for now. In that regard, Ardor obviously has a lot more credibility (and nodes) than Strat. Nodes are the key, the whole shebang. That's why Megalodon is being so "generous"... and why Strat will go nowhere soon. BUT.... you should consider that the value the markets are giving to NXT/ARDR is many times, many many many times that of the one given to Strat. Credibility is the main reason for that.
hero member
Activity: 924
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
Hi sir, do you need a portuguese translation to ur thread?

Call me if you want this. Cya
hero member
Activity: 1106
Merit: 534
What are the differences between Ardor and Strat?
What's the difference between McDonald's and Burger King?

I wouldn't know I don't eat their crap food!  Lips sealed
Can somebody explain please?!  Huh
sr. member
Activity: 321
Merit: 252
What are the differences between Ardor and Strat?
What's the difference between McDonald's and Burger King?
hero member
Activity: 770
Merit: 500
So after ardor is out when is the snapshot for the childchain to take place, and how long is the snapshot?

This.
Do I have to hold both NXT and Ardor until goes live (NeXT summer?) to receive Ignis?

Yes, and after that you need to keep NXT, Ardor and Ignis to recive Pomtium:D

ps. ofc im joking but in this crypto Zoo you must be prepared for everything

What are the criteria to receive Ignis?

Hold NXT for a single snapshot when ardor goes live on mainnet q3 2017.
There is alot of news coming for Nxt in the coming months, so if you keep your NXT from now till snapshot or buy it right before the snapshot  is something you need to think of for yourself.
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
So after ardor is out when is the snapshot for the childchain to take place, and how long is the snapshot?

This.
Do I have to hold both NXT and Ardor until goes live (NeXT summer?) to receive Ignis?

Yes, and after that you need to keep NXT, Ardor and Ignis to recive Pomtium:D

ps. ofc im joking but in this crypto Zoo you must be prepared for everything

What are the criteria to receive Ignis?
hero member
Activity: 910
Merit: 1000
We are now entering he last quarter of snapshot. Huge potentials for ardor on the horizon . Gonna hold ardor til fin tech companies started adapting its platform.
legendary
Activity: 2156
Merit: 1070
What are the differences between Ardor and Strat?
full member
Activity: 217
Merit: 100
So after ardor is out when is the snapshot for the childchain to take place, and how long is the snapshot?

This.
Do I have to hold both NXT and Ardor until goes live (NeXT summer?) to receive Ignis?

Yes, and after that you need to keep NXT, Ardor and Ignis to recive Pomtium:D

ps. ofc im joking but in this crypto Zoo you must be prepared for everything
member
Activity: 71
Merit: 10
So after ardor is out when is the snapshot for the childchain to take place, and how long is the snapshot?

This.
Do I have to hold both NXT and Ardor until goes live (NeXT summer?) to receive Ignis?
sr. member
Activity: 537
Merit: 259
bought some nxt from poloniex, did i get free ardor on October 12th without need to transfer my coins to nxt wallet.
sr. member
Activity: 378
Merit: 250
I been lucky to forge 7 blocks the past 2 days. 6 goose eggs and 1 with a total of 1 nxt in it. I'm going to the casino.

Feel proud you made history Smiley
legendary
Activity: 1205
Merit: 1000
I been lucky to forge 7 blocks the past 2 days. 6 goose eggs and 1 with a total of 1 nxt in it. I'm going to the casino.

Congratulations!  Wink

That's why Ardor will be better. You can forge blocks for all the childchains at once. Imagine 10 childchains on Ardor, you will get 60 goose eggs and 10 NXT.  Grin
sr. member
Activity: 385
Merit: 250
I been lucky to forge 7 blocks the past 2 days. 6 goose eggs and 1 with a total of 1 nxt in it. I'm going to the casino.
sr. member
Activity: 460
Merit: 250
Thank you for the attempt but, unfortunately, too confusing and convoluted in reality. The question everyone has is really, really very simple: what, if anything, OF REAL VALUE, will IGNIS bring to its owners (50% NXT the other 50% NXT holders). From what you posted the answer that I get is "whatever the transaction fees from that child chain will be" which, beyond doubtful speculative value, will amount, unless I am wrong,  to a very small stake-like percentage fee.

Trying a MUCH simpler approach -as opposed to the technical one --lets all assume the tech works flawlessly- -
could do wonders for people to understand the benefits and value or potential value of both IGNIS and ARDOR, beyon a doubling or tripling of the NXT total coins count.

You know perfectly that real value beyond mere market speculation is in usability and use cases, and that the "real value" of something like Bitcoin goes a bit further than transaction fees, but even if we explained again the concept of white label custom blockchains behind Ardor, use cases for both the platform and the chains within (Ignis being again the reference one) you would still be nitpicking about it, so I will pass, thanks.
legendary
Activity: 1162
Merit: 1000
IGNIS is chosen (by decentralized voting on the #Nxt #blockchain) as name of the first #childchain on top of #Ardor!

Perhaps you want to try to explain, in as layman's terms as possible, what is IGNIS and, above all, in which way ownership of it will represent any value at all. I certainly would appreciate it.

Ignis (as finally chosen, in development talk this was referred to as FNX) is the name for the first reference child chain in the Ardor platform. This chain will be included into first Ardor release.

ARDR, currently in distribution process via snapshots, is the token to fuel the main Ardor chain. As you probably know, the purpose of this main chain is to PoS secure the whole platform, using fees in ARDR, by providing validation of all the child chains transactions. But that's essentially the whole functionality for ARDR. You have forging/network transaction type, and ARDR token transfer transactions within the main chain and between the main chain and any child chain. But the ARDR chain itself does not use all of the features currently run in Nxt - the Asset Exchange, the Monetary System, the Marketplace, Voting, Phased Transactions, Data Cloud and so on. All these tools can be enabled in any child chain, but they are not meant to be run using ARDR.

So Ignis becomes the first hardcoded child chain with at least the whole current toolset in Nxt. This will be the first, default token for anyone who wants for instance to issue an asset or place an order in the asset exchange within the Ardor platform. Of course there might be other early chains in Ardor created by third parties (whether included in the release, or created after Ardor goes live) that will also be able to use these features if they want.

For a detailed and more technical description you may want to read the developers introduction here.




Thank you for the attempt but, unfortunately, too confusing and convoluted in reality. The question everyone has is really, really very simple: what, if anything, OF REAL VALUE, will IGNIS bring to its owners (50% NXT the other 50% NXT holders). From what you posted the answer that I get is "whatever the transaction fees from that child chain will be" which, beyond doubtful speculative value, will amount, unless I am wrong,  to a very small stake-like percentage fee.

Trying a MUCH simpler approach -as opposed to the technical one --lets all assume the tech works flawlessly- -
could do wonders for people to understand the benefits and value or potential value of both IGNIS and ARDOR, beyon a doubling or tripling of the NXT total coins count.
legendary
Activity: 1205
Merit: 1000
This is what #Ardor is good for, securing small blockchains (with a few nodes) by the main Ardor chain. #childchains
http://cryptohustle.com/51-attack-crew-extorts-and-hijacks-blockchains-for-ransom

Ignite IGNIS !!  Smiley

sr. member
Activity: 460
Merit: 250
IGNIS is chosen (by decentralized voting on the #Nxt #blockchain) as name of the first #childchain on top of #Ardor!

Perhaps you want to try to explain, in as layman's terms as possible, what is IGNIS and, above all, in which way ownership of it will represent any value at all. I certainly would appreciate it.

Ignis (as finally chosen, in development talk this was referred to as FNX) is the name for the first reference child chain in the Ardor platform. This chain will be included into first Ardor release.

ARDR, currently in distribution process via snapshots, is the token to fuel the main Ardor chain. As you probably know, the purpose of this main chain is to PoS secure the whole platform, using fees in ARDR, by providing validation of all the child chains transactions. But that's essentially the whole functionality for ARDR. You have forging/network transaction type, and ARDR token transfer transactions within the main chain and between the main chain and any child chain. But the ARDR chain itself does not use all of the features currently run in Nxt - the Asset Exchange, the Monetary System, the Marketplace, Voting, Phased Transactions, Data Cloud and so on. All these tools can be enabled in any child chain, but they are not meant to be run using ARDR.

So Ignis becomes the first hardcoded child chain with at least the whole current toolset in Nxt. This will be the first, default token for anyone who wants for instance to issue an asset or place an order in the asset exchange within the Ardor platform. Of course there might be other early chains in Ardor created by third parties (whether included in the release, or created after Ardor goes live) that will also be able to use these features if they want.

For a detailed and more technical description you may want to read the developers introduction here.


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