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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 205. (Read 395464 times)

newbie
Activity: 33
Merit: 0
legendary
Activity: 1092
Merit: 1000

Looks amazing!  Smiley

You can use it for the countdown to the end of the snapshotting too. Keep the spirit alive!

Thanks!
Get the word out! Widespread adoption is the way to strengthen the Ardor project!
legendary
Activity: 1205
Merit: 1000
legendary
Activity: 1092
Merit: 1000
Thought I make a Ardor sig. To get the word out some more!  Cool

If you want you can adjust.

When you quote this message you can copy the bb code for the signature.
table...
.../table



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hero member
Activity: 770
Merit: 500
Fresh from the press news!

Nxt Foundation launches full suite of Smart Transactions!

http://www.econotimes.com/Nxt-Foundation-launches-full-suite-of-Smart-Transactions-234420
legendary
Activity: 1246
Merit: 1011
do i need to hold NXT on my wallet or it can be on Polo?
From what I understand Polo will be working with NXT to distribute the tokens to exchange holders..

So is it safe to assume that Ardor will be listed in Poloniex exchange? I hope it will be because Poloniex is the biggest altcoin exchange right now.


It'd be a great news to be listed on Poloniex... I wish you will keep working on that issue  Wink
legendary
Activity: 2926
Merit: 1440
do i need to hold NXT on my wallet or it can be on Polo?
From what I understand Polo will be working with NXT to distribute the tokens to exchange holders..

So is it safe to assume that Ardor will be listed in Poloniex exchange? I hope it will be because Poloniex is the biggest altcoin exchange right now.
legendary
Activity: 2114
Merit: 1002
The price of $NXT is going to the roof with only 3 days until #Ardor snapshots. Really amazing, that volume!! #Nxt
https://twitter.com/Nxtgids/status/752565152277553152

indeed it is pretty crazy. grabbing popcorn.
sr. member
Activity: 321
Merit: 252
hi there

Quote
Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th, which will be freely tradeable up until the Ardor system launches.

i don't have to forge to make this happen, right?

btw: is there a way / tool to calculate forging revenue?

Forging is not necessary to be eligible for ARDR tokens. You can even keep your NXT on Poloniex and still get ARDR. But setting up your own wallet is recommended due to potential failure of centralized exchanges.

The forging revenue depends on how many of the 999 million coins are forging, how many coins you are forging with and how many transaction fees are paid in the block you forge. You can calculate your probability of forging a block. But you cannot know in advance how many fees will be in this block. If somebody issues an asset in the block you forge, you get 1000 NXT. But if there are no transactions in your block, you get 0 NXT.

The more users the higher the forging revenue.
hero member
Activity: 882
Merit: 500
Everything you want, is everything you need.
Ardor looks really interesting. Will surely keep an eye on this. Good thing was already able to buy NXT tokens when it was cheaper.
legendary
Activity: 1498
Merit: 1113
hi there

Quote
Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th, which will be freely tradeable up until the Ardor system launches.

i don't have to forge to make this happen, right?

btw: is there a way / tool to calculate forging revenue?
hero member
Activity: 770
Merit: 500
The price of $NXT is going to the roof with only 3 days until #Ardor snapshots. Really amazing, that volume!! #Nxt
https://twitter.com/Nxtgids/status/752565152277553152
legendary
Activity: 1498
Merit: 1113
yeah, lets try version 1.9.2.
and after that just wait and try to forget my NXT again.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
do i need to hold NXT on my wallet or it can be on Polo?

Short answer: You can, but you shouldn't.

Long answer: Poloniex is one of the exchanges that have agreed to distribute ARDR to their users. But there are many possibilities it could go wrong. NXT on an exchange are only IOUs, and ARDR assets are the same. So if the exchange goes bankrupt (until October it's much time in the altcoin exchange world) you wouldn't see anything.

Another possible problem is that if you trade the NXT in the snapshot period, then it is possible that the exchange will calculate the ARDR the wrong way. That must not even be caused by bad intentions: Let's suppose you have a trading bot that trades small price swings, and it just happens that at most of the hourly snapshot intervals you are "in fiat". The exchange could then say "Ah, but you didn't have NXT at the moment of the hourly snapshot.", and they would be totally right to not distribute you the amount of ARDR you expected.
legendary
Activity: 1120
Merit: 1003
do i need to hold NXT on my wallet or it can be on Polo?
From what I understand Polo will be working with NXT to distribute the tokens to exchange holders..
member
Activity: 98
Merit: 10
do i need to hold NXT on my wallet or it can be on Polo?
hero member
Activity: 770
Merit: 500
sr. member
Activity: 406
Merit: 250
So if you create a wallet at https://wallet.mynxt.info/ and send nxt to it.
The Ardor will be sent the as well, right?

Yes.
legendary
Activity: 1092
Merit: 1000





Website looks great.

So if you create a wallet at https://wallet.mynxt.info/ and send nxt to it.
The Ardor will be sent the as well, right?

Tried to download the full client but it takes very long, can this be speed up?
legendary
Activity: 1205
Merit: 1000
Interesting!
But when snapshot will be made?
Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. So you have 3 days before the start. Be sure to download the latest client: https://nxt.org

Good luck snapping!  Wink
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