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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 209. (Read 395419 times)

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.
sr. member
Activity: 368
Merit: 250
As a Nxt investor who has been with Nxt since November 2013 and who has seen all the up and downs of Nxt, I really appreciate the new plans. Although, I do not really understand Ardor fully yet, I definetely will keep my Nxt stake and hope the best for Nxt 2.0. Will watch all the upcoming developments.

This echoes my own sentiment. I've been holding NXT for years now, and I'm really looking forward to any new developments.
legendary
Activity: 1092
Merit: 1010
- So how is Ardor different from Ethereum Smart Contracts?
- Wouldn't this make NXT and easy pump as all the speculators would want nxt to hop onto the new Ardor platform when it comes out?

Is ardor the only blockchain that can spawn other blockchains within itself? How is that different from every other blockchain that uses a color coin technology?

- Nxt (and Ardor) have decided very specifically not to go the "Smart Contract" route in 2014.
The main reason that was given was that Smart Contracts are open to all kinds of problems, from malicious code to badly written contracts.
I think the last weeks proved that these worries were justified.

Wat Nxt and Ardor do is implement a collection of "Smart Transactions" that are hardcoded into the system and are executed on the system Nodes.
These transactions have been tested and for a lot of use cases are more than enough, especially because they are modular and can be combined into more complex use cases.

So there is much flexibility in what can be done, but it's not completely open like Ethereum.

As far as we know, Ardor is the only blockchain that is able to do this.

You might have overlooked the fact that Burst has already done this i.e. Smarts Contracts via Automated Transactions https://ciyam.org/at/

Just because Ethereum or the DAO has a problem executing them doesn't mean its not viable and can't be done. Burst has proven that it can thus far.  

I didn't overlook it, as AT was exactly what I was referring to.
The core devs decided not to implement it and it was after integrated into Burst.

I am not bashing Smart Contracts, just explaining that Ardor and Nxt chose to go another route, with a reason.
legendary
Activity: 1205
Merit: 1000
As a Nxt investor who has been with Nxt since November 2013 and who has seen all the up and downs of Nxt, I really appreciate the new plans. Although, I do not really understand Ardor fully yet, I definetely will keep my Nxt stake and hope the best for Nxt 2.0. Will watch all the upcoming developments.

Cool man. HODL!  Grin
tyz
legendary
Activity: 3346
Merit: 1530
As a Nxt investor who has been with Nxt since November 2013 and who has seen all the up and downs of Nxt, I really appreciate the new plans. Although, I do not really understand Ardor fully yet, I definetely will keep my Nxt stake and hope the best for Nxt 2.0. Will watch all the upcoming developments.
newbie
Activity: 28
Merit: 0
- So how is Ardor different from Ethereum Smart Contracts?
- Wouldn't this make NXT and easy pump as all the speculators would want nxt to hop onto the new Ardor platform when it comes out?

Is ardor the only blockchain that can spawn other blockchains within itself? How is that different from every other blockchain that uses a color coin technology?

- Nxt (and Ardor) have decided very specifically not to go the "Smart Contract" route in 2014.
The main reason that was given was that Smart Contracts are open to all kinds of problems, from malicious code to badly written contracts.
I think the last weeks proved that these worries were justified.

Wat Nxt and Ardor do is implement a collection of "Smart Transactions" that are hardcoded into the system and are executed on the system Nodes.
These transactions have been tested and for a lot of use cases are more than enough, especially because they are modular and can be combined into more complex use cases.

So there is much flexibility in what can be done, but it's not completely open like Ethereum.

As far as we know, Ardor is the only blockchain that is able to do this.

You might have overlooked the fact that Burst has already done this i.e. Smarts Contracts via Automated Transactions https://ciyam.org/at/

Just because Ethereum or the DAO has a problem executing them doesn't mean its not viable and can't be done. Burst has proven that it can thus far.   
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
Did you know the legendary creator of Nxt, BCNext has spoken and likes what we are doing with Ardor (Nxt 2.0).  Shocked

https://nxtforum.org/core-development-announcements/(ann)-ardor-or-nxt-2-0-a-scalable-child-chain-platform/msg219417/#msg219417

Quote
Just received this out of the blue...

Quote
Address: 1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a
Message: I am glad to see that Nxt keeps evolving. Good luck!
Signature: G8b5ou0qstF8Mo6LM74NSL+73/YIMkk4cVRjeNz5sKQ1dAIAZdhj43bQJJH1392+ybGTYa63kb1BHO9TbPDFXho=

If you want to verify this: https://www.blocktrail.com/BTC?verifysignedmessage=1

For those who do not recognise this address, this is a message from BCNext, who originally created Nxt.

Glad to know he's still out there, watching. Although I have no idea why he would not line to participate in Hodor
hero member
Activity: 910
Merit: 1000
Nxt , IMO is reliable next to bitcoin. Its asset-token creation function defined what is cryptocurrency 2.0 is. Eventhough Ethereum spearheaded 3.0 with such smart contract capability of block chain. Nxt 2.0 simply would lay down firm foundation of blockchain technology offers to fintech.
legendary
Activity: 1092
Merit: 1010
- So how is Ardor different from Ethereum Smart Contracts?
- Wouldn't this make NXT and easy pump as all the speculators would want nxt to hop onto the new Ardor platform when it comes out?

Is ardor the only blockchain that can spawn other blockchains within itself? How is that different from every other blockchain that uses a color coin technology?

- Nxt (and Ardor) have decided very specifically not to go the "Smart Contract" route in 2014.
The main reason that was given was that Smart Contracts are open to all kinds of problems, from malicious code to badly written contracts.
I think the last weeks proved that these worries were justified.

Wat Nxt and Ardor do is implement a collection of "Smart Transactions" that are hardcoded into the system and are executed on the system Nodes.
These transactions have been tested and for a lot of use cases are more than enough, especially because they are modular and can be combined into more complex use cases.

So there is much flexibility in what can be done, but it's not completely open like Ethereum.

As far as we know, Ardor is the only blockchain that is able to do this.
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