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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 201. (Read 395841 times)

sr. member
Activity: 420
Merit: 250
I think $30 million is the average marketcap of nxt right before snapshot period. So I guess we can roughly assume the price of nxt should be declining at 1.1 % daily as time period for ardor token nears. Just a guess
sr. member
Activity: 385
Merit: 250
what is the difference with nxt.server and nxt.wallet?
member
Activity: 107
Merit: 10
Anybody has the same issue with "Ardor distribution status:" at wallet.mynxt.info which shows x10000 less Ardor as it should?
newbie
Activity: 33
Merit: 0
The main incentive is to forge in order to:

1) collect transaction fees
2) secure the network

there is a light wallet as well: http://www.supernet.org/index.php

walkthrough: https://www.youtube.com/watch?v=eAh7kFcHTHk

Should not the value of NXT decline every time a snapshot of ardor is taken?

The value is subjective, did you mean the price?
If the price declines, people will afford more NXT to get more ARDOR generating more demand for NXT, and price of NXT goes up again. It's a self-sustaining process Wink

But where do you think will it find a balance? I'm sure not everyone will pay for a higher price in NXT just to claim Ardor.



If you care and understand the value of technology, buy small amounts on the dips. If you don't understand the value of this technology and don't want to learn more about it, it's probably best not to buy.

Agree,

The only thing is that, in my opinion, the information is scattered around a lot of different websites.
Nxt could use a more uniform usage of it's corporate identity, so the users are confident that they are using the 'offical' brand.
(MyNXT is a great site, but it is quite different form the 'original' nxt (Color scheme, logo, typeface))

A while back I downloaded the desktop client, and it took ages to download the blockchain, so I couldn't use the client straight away.
Recently I discovered it that you can download the blockchain at http://peerexplorer.com/ and this is very quick.
I think there should be a link near the client download to get the client running fast, with tutorial.
People tend to loose interest very quickly and don't want to wait for the whole blockchain to download.

Also will there be an (financial) incentive to run Ardor Nodes?

Thanks
legendary
Activity: 1092
Merit: 1000
Should not the value of NXT decline every time a snapshot of ardor is taken?

The value is subjective, did you mean the price?
If the price declines, people will afford more NXT to get more ARDOR generating more demand for NXT, and price of NXT goes up again. It's a self-sustaining process Wink

But where do you think will it find a balance? I'm sure not everyone will pay for a higher price in NXT just to claim Ardor.

If you care and understand the value of technology, buy small amounts on the dips. If you don't understand the value of this technology and don't want to learn more about it, it's probably best not to buy.

Agree,

The only thing is that, in my opinion, the information is scattered around a lot of different websites.
Nxt could use a more uniform usage of it's corporate identity, so the users are confident that they are using the 'offical' brand.
(MyNXT is a great site, but it is quite different form the 'original' nxt (Color scheme, logo, typeface))

A while back I downloaded the desktop client, and it took ages to download the blockchain, so I couldn't use the client straight away.
Recently I discovered it that you can download the blockchain at http://peerexplorer.com/ and this is very quick.
I think there should be a link near the client download to get the client running fast, with tutorial.
People tend to loose interest very quickly and don't want to wait for the whole blockchain to download.

Also will there be an (financial) incentive to run Ardor Nodes?

Thanks
sr. member
Activity: 406
Merit: 250
Should not the value of NXT decline every time a snapshot of ardor is taken?

The value is subjective, did you mean the price?
If the price declines, people will afford more NXT to get more ARDOR generating more demand for NXT, and price of NXT goes up again. It's a self-sustaining process Wink

But where do you think will it find a balance? I'm sure not everyone will pay for a higher price in NXT just to claim Ardor.

If you care and understand the value of technology, buy small amounts on the dips. If you don't understand the value of this technology and don't want to learn more about it, it's probably best not to buy.
legendary
Activity: 3010
Merit: 1460
Should not the value of NXT decline every time a snapshot of ardor is taken?

The value is subjective, did you mean the price?
If the price declines, people will afford more NXT to get more ARDOR generating more demand for NXT, and price of NXT goes up again. It's a self-sustaining process Wink

But where do you think will it find a balance? I'm sure not everyone will pay for a higher price in NXT just to claim Ardor.
legendary
Activity: 3010
Merit: 1460
which is the most popular exchange for nxt right now?

Poloniex is the most popular. It has the most volume as of now. And come to think of it it has the most volume with the other popular coins in circulation.
sr. member
Activity: 406
Merit: 250
Should not the value of NXT decline every time a snapshot of ardor is taken?

The value is subjective, did you mean the price?
If the price declines, people will afford more NXT to get more ARDOR generating more demand for NXT, and price of NXT goes up again. It's a self-sustaining process Wink
sr. member
Activity: 378
Merit: 250
Should not the value of NXT decline every time a snapshot of ardor is taken?

It depends on what you expect the price of Nxt to Ardor to be. I'd expect a price drop to start with a couple of weeks to go. I think a price rise before the first month is over is very likely.
newbie
Activity: 41
Merit: 0
Hello,



I have an account with NXT in it. I never use the client, I don't want to download it as it takes to long. Am I eligible to be receiving Ardor? Will I get 1 Ardor for 1 NXT if I just leave all my coins in the account as they have been for about a year?



Cheers
sr. member
Activity: 448
Merit: 250
Should not the value of NXT decline every time a snapshot of ardor is taken?

Snapshots are hourly, if anything people should start locking up their NXT. Less NXT on the market should help the price.
newbie
Activity: 33
Merit: 0
which is the most popular exchange for nxt right now?

According to coinmarketcap, its poloniex i think
legendary
Activity: 1146
Merit: 1000
Should not the value of NXT decline every time a snapshot of ardor is taken?
full member
Activity: 165
Merit: 101
which is the most popular exchange for nxt right now?
newbie
Activity: 33
Merit: 0
Whats a good wallet to use for the ardr distribution?

I just try myNXT web wallet  Smiley
newbie
Activity: 11
Merit: 0
Whats a good wallet to use for the ardr distribution?
legendary
Activity: 1092
Merit: 1010
It was said Bittrex and Poloniex will distribute Ardor to exchange NXT holders. How is that possible? Will they also take snapshots of exchange accounts every hour?

i seems safer to just withdraw and do it on your own computer. i dont see how the exchanges are going to split the ardr tokens as its given out by averaging how much you have over X amount of days. this means the exchanges would have to write up their own script just to calculate this for you, i doubt they would do that.

This is exactly what these exchanges did and do.
Some exchanges are happy to go the extra mile for their users and with our help they are calculating this.  Smiley

Still: the most exact way is always from your own personal wallet.
newbie
Activity: 11
Merit: 0
It was said Bittrex and Poloniex will distribute Ardor to exchange NXT holders. How is that possible? Will they also take snapshots of exchange accounts every hour?

i seems safer to just withdraw and do it on your own computer. i dont see how the exchanges are going to split the ardr tokens as its given out by averaging how much you have over X amount of days. this means the exchanges would have to write up their own script just to calculate this for you, i doubt they would do that.
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