Author

Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 209. (Read 396062 times)

newbie
Activity: 2
Merit: 0
Do you have italian trabslation?
legendary
Activity: 1092
Merit: 1010
So there will be like 2 coins (ardor & nxt 2.0) on 1 blockchain? Also I thought there will be the same supply of ardors as it was with nxt 1.0, but what about nxt 2.0 coins ?

There will be one "coin" called Ardor which powers the Main Chain of Ardor which is where the consensus is done.

There will be many child chains which will record their transactions and will use their own "coins".

One supply: yes, Ardor will have the same supply as Nxt 1.0.
A child chain *can* have a different supply, but the first child chain (which you call Nxt 2 in this post) will have the same supply as Nxt 1.0.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==

I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.

Glad to have been with you in both successful project, both NXT and VpnCoin Smiley
sr. member
Activity: 351
Merit: 250
So there will be like 2 coins (ardor & nxt 2.0) on 1 blockchain? Also I thought there will be the same supply of ardors as it was with nxt 1.0, but what about nxt 2.0 coins ?
sr. member
Activity: 406
Merit: 250
I don't understand all the technicalities about getting early into NXT 2.0.

But what i understand so far is that If I hold 10,000 NXT in my wallet (web or local) from 14th July to 14th Oct, I will get 10,000 Ardor when it is launched plus I also get to keep my NXT.

Sorry if it is a dumb question but someone in poloniex trollbox said it and i wasn't sure whether to believe it or not before I buy some NXT.

you get 50%. so you will get 5000 Ardor used for staking i believe.

No, he will get 10,000 ARDOR, 5,000 NXT2 (if he holds it to the launch of NXT 2.0 platform in 2017) and will keep his 10,000 NXT1. See my signature, he will kill 3 birds with one stone.
sr. member
Activity: 251
Merit: 250
So I'm new to nxt. How much Ardor do I get if I own 10k nxt tokens? Do we get to keep our nxt too? I'm confused.
If you keep 10k NXT through the whole snapshotting period (july-oct), you get 10k ARDR tokens (=assets) ánd keep your NXT of course.
If you keep it all until the actual launch of the Ardor blockchain, your ARDR assets will be redeemed for 10k of actual Ardor blockchain tokens. Plus you get 5k of the first Ardor-childchain coins (no name yet, 'FNX'). And you still keep your 10k NXT.

That's how I understand it.

hero member
Activity: 532
Merit: 500
So I'm new to nxt. How much Ardor do I get if I own 10k nxt tokens? Do we get to keep our nxt too? I'm confused.
full member
Activity: 165
Merit: 101
I don't understand all the technicalities about getting early into NXT 2.0.

But what i understand so far is that If I hold 10,000 NXT in my wallet (web or local) from 14th July to 14th Oct, I will get 10,000 Ardor when it is launched plus I also get to keep my NXT.

Sorry if it is a dumb question but someone in poloniex trollbox said it and i wasn't sure whether to believe it or not before I buy some NXT.

you get 50%. so you will get 5000 Ardor used for staking i believe.
hero member
Activity: 545
Merit: 500
I don't understand all the technicalities about getting early into NXT 2.0.

But what i understand so far is that If I hold 10,000 NXT in my wallet (web or local) from 14th July to 14th Oct, I will get 10,000 Ardor when it is launched plus I also get to keep my NXT.

Sorry if it is a dumb question but someone in poloniex trollbox said it and i wasn't sure whether to believe it or not before I buy some NXT.
sr. member
Activity: 406
Merit: 250
sr. member
Activity: 330
Merit: 250

I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.

I'm sorry if this is painfully obvious. Was this a rich donor or some type of collection fund to offer this big bonus?
A rich donor, at least he used to be rich before he gave away his NXT  Grin
sr. member
Activity: 448
Merit: 250

I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.

I'm sorry if this is painfully obvious. Was this a rich donor or some type of collection fund to offer this big bonus?
legendary
Activity: 1619
Merit: 1004
Bitcoiner, Crypto-anarchist and Cypherpunk.

I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
legendary
Activity: 1205
Merit: 1000
legendary
Activity: 1092
Merit: 1010
newbie
Activity: 28
Merit: 0
Go talk shit about that shitcoin elsewhere

Why the hostility and fowl language?  Grin dude it ain't that serious really. In the end the proof will be in the pudding.   
legendary
Activity: 1205
Merit: 1000
There's a lot of misunderstanding about this project on Polo trollbox. I'm not encouraging spam but some supporters might want to spend some time on there correcting misinformation and politely directing them to updated resources. I was on there with CryptoPro earlier and helped start a great exchange.

Good job, I don't have much time today, but when I can I chip in. More people should.
sr. member
Activity: 448
Merit: 250
There's a lot of misunderstanding about this project on Polo trollbox. I'm not encouraging spam but some supporters might want to spend some time on there correcting misinformation and politely directing them to updated resources. I was on there with CryptoPro earlier and helped start a great exchange.
full member
Activity: 145
Merit: 100
Exciting to see NXT taking off again.  So much good tech and the way their moving NXT to Ardor is ingeniously seemless.
Jump to: