| ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 210.

farl4web

legendary

Activity: 1205

Merit: 1000

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.

farl4web

legendary

Activity: 1205

Merit: 1000

Quote from: realm on June 26, 2016, 08:21:24 PM

Quote from: Damelon on June 19, 2016, 03:05:13 PM

At block 1,000,000 on October 12th, 2016, snapshotting will stop, and you'll be allowed to trade your Ardor tokens in NXT 1.9 in preparation for the launch of the Ardor blockchain.

Does that means that someone can get ardors on October 12th 2016 at the exchanges without having nxts, or it will be something like asset trading on the NXT 1.9 blockchain? Sorry for the question ,but I am new to nxt.

After October 12th everyone will receive assets that represent Ardor tokens, they can be freely traded on the Nxt Asset Exchange. Later they can be converted to real Ardor Tokens. I don't know if the assets will be available on exchanges, that is not mentioned yet. Could be a possibility.

farl4web

legendary

Activity: 1205

Merit: 1000

Quote from: WhatDisk on June 26, 2016, 11:49:51 PM

just a plan? or ?

No, development already started a few months ago by the core dev team, but this is so new and never done, so it takes time to solve several problems.

wanderffa

full member

Activity: 218

Merit: 250

I am looking forward to NXT 2.0, hoping to have a leap in the development of it

box0211

full member

Activity: 165

Merit: 101

- 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?

WhatDisk

full member

Activity: 153

Merit: 102

just a plan? or ?

statdude

legendary

Activity: 1498

Merit: 1000

watching

realm

sr. member

Activity: 351

Merit: 250

Quote from: Damelon on June 19, 2016, 03:05:13 PM

At block 1,000,000 on October 12th, 2016, snapshotting will stop, and you'll be allowed to trade your Ardor tokens in NXT 1.9 in preparation for the launch of the Ardor blockchain.

Does that means that someone can get ardors on October 12th 2016 at the exchanges without having nxts, or it will be something like asset trading on the NXT 1.9 blockchain? Sorry for the question ,but I am new to nxt.

farl4web

legendary

Activity: 1205

Merit: 1000

Quote from: TravelsAsia on June 26, 2016, 03:17:27 PM

Quote from: jwiz168 on June 25, 2016, 05:24:23 PM

Quote from: stenkross on June 25, 2016, 05:11:45 PM

Quote from: TravelsAsia on June 25, 2016, 03:27:04 PM

Quote from: dedmax on June 24, 2016, 06:06:52 PM

Intriguing look forward to see this become notable

Anyone else surprised we haven't seen an even bigger buy-in? People are willing to throw thousands of BTC at unproven ICOs and here we have a major upgrade to an established project.

Not really tbh.
This is not an ICO, and it lacks the high level speculation aspect and potential to make 5-10x amount of money in a very short amount of time, like so many other projects out there.
That seem to be what attracts most interest these days.

You bet its not. It is a reward or incentive hodling NXT. Much like a polymorphic digital asset. Nxt is turning out to be pretty cool. Hope more of this happen in 2.0

I'm still surprised people don't see the long term potential with this approach. They have until mid July to figure it out if they want all the rewards.

It can become Mining 2.0. Many companies/organizations start their own blockchain and all these chains will be 'mined' with Ardor. 'Mining' multiple childchains on the same time.

rytyr

sr. member

Activity: 473

Merit: 251

Good plan for Nxt. I own a little stake and considered to sell. I will wait becuase 2.0 looks good.

Yuzu

sr. member

Activity: 368

Merit: 250

Okay, I think I understand. For me it's basically update my wallet and wait. Ardor won't be distributed until October.

TravelsAsia

sr. member

Activity: 448

Merit: 250

Quote from: jwiz168 on June 25, 2016, 05:24:23 PM

Quote from: stenkross on June 25, 2016, 05:11:45 PM

Quote from: TravelsAsia on June 25, 2016, 03:27:04 PM

Quote from: dedmax on June 24, 2016, 06:06:52 PM

Intriguing look forward to see this become notable

Anyone else surprised we haven't seen an even bigger buy-in? People are willing to throw thousands of BTC at unproven ICOs and here we have a major upgrade to an established project.

Not really tbh.
This is not an ICO, and it lacks the high level speculation aspect and potential to make 5-10x amount of money in a very short amount of time, like so many other projects out there.
That seem to be what attracts most interest these days.

You bet its not. It is a reward or incentive hodling NXT. Much like a polymorphic digital asset. Nxt is turning out to be pretty cool. Hope more of this happen in 2.0

I'm still surprised people don't see the long term potential with this approach. They have until mid July to figure it out if they want all the rewards.

marenkar

newbie

Activity: 14

Merit: 0

Quote from: ashapasa on June 26, 2016, 11:26:19 AM

Is keeping my nxt in my exchange account valid?

What if I but nxt from polo and keep it there? Do I receive ardor?

Also how does the snapshot system work? If I have 100 nxt starting July 14 and sell half after a week how much will I receive? Is it 50 ardors? 100+50/2= 50 ardors?

Also how long is this snapshot period? Is till the release of ardor? In this case might it not limit nxt transactions.

Thanks.

P.s I already own nxt but am intending to buy more.

Hi ashapasa,

We're working with the exchanges so you'll be able to keep it there and not have to move it to your wallet. We'll be posting an announcement once things get finalized.

The snapshot system for ARDR averages throughout the entire snapshotting period. So if you had 100 NXT at the start and sold all of that halfway (not one week) through the snapshotting period, then you would receive 50 ARDR. However, since you won't have any at the end, you will receive 0 FNX.

The snapshotting period is from July 14th until October 12th - about three months.

Thanks for intending to buy more!

Quote from: habraken on June 26, 2016, 11:32:24 AM

If an exchange has one big nxt wallet for all the customers combined, the exchange's wallet will be used with the snapshots and awarded the Ardor tokens. Depends on the exchange if and how they distribute it amongs their customers.

Hi habraken,

We're trying to work with the exchanges to make this as easy as possible

Will keep you guys updated

habraken

sr. member

Activity: 251

Merit: 250

If an exchange has one big nxt wallet for all the customers combined, the exchange's wallet will be used with the snapshots and awarded the Ardor tokens. Depends on the exchange if and how they distribute it amongs their customers.

ashapasa

sr. member

Activity: 420

Merit: 250

Is keeping my nxt in my exchange account valid?

What if I but nxt from polo and keep it there? Do I receive ardor?

Also how does the snapshot system work? If I have 100 nxt starting July 14 and sell half after a week how much will I receive? Is it 50 ardors? 100+50/2= 50 ardors?

Also how long is this snapshot period? Is till the release of ardor? In this case might it not limit nxt transactions.

Thanks.

P.s I already own nxt but am intending to buy more.

freshman777

sr. member

Activity: 406

Merit: 250

Quote from: HCLivess on June 26, 2016, 10:15:34 AM

Quote from: klee on June 26, 2016, 05:12:28 AM

NXT made top $100m market cap - 0.1$.
The big resistance for every coin is $1bn.

Assuming ARDR will catch the same performance as NXT it will take it at around 0.05$ (because we have x2 coins total than NXT).
Assuming it will reach 1bn resistance (only LTC touched it in the past and collapsed and ETH broken it for good) that would mean 0.5$.

It is good to know what the ceiling might be Wink

So before the end of the snapshot we could see a $0.1-$1 / NXT?
$1 / NXT would be bloody AWESOME

Wow, slow down

klee

legendary

Activity: 1498

Merit: 1000

Quote from: HCLivess on June 26, 2016, 10:15:34 AM

Quote from: klee on June 26, 2016, 05:12:28 AM

NXT made top $100m market cap - 0.1$.
The big resistance for every coin is $1bn.

Assuming ARDR will catch the same performance as NXT it will take it at around 0.05$ (because we have x2 coins total than NXT).
Assuming it will reach 1bn resistance (only LTC touched it in the past and collapsed and ETH broken it for good) that would mean 0.5$.

It is good to know what the ceiling might be Wink

So before the end of the snapshot we could see a $0.1-$1 / NXT?
$1 / NXT would be bloody AWESOME

The timing not sure!

But IMO we could see NXT price going as high as ARDR can, so between 0.05-0.5$

This is very rough calculations of course, may mean nothing. The certain is that 1bn market cap is VERY strong resistance.

farl4web

legendary

Activity: 1205

Merit: 1000

Quote from: kennyP on June 25, 2016, 11:49:47 PM

Quote from: HCLivess on June 25, 2016, 09:25:21 PM

holy smoke, that green candles been snorting viagra ...

Piece of art

futuraprocessa

newbie

Activity: 12

Merit: 0

Quote from: TravelsAsia on June 25, 2016, 08:31:12 PM

Quote from: stenkross on June 24, 2016, 01:48:01 PM

Some coverage: https://cointelegraph.com/news/ardor-new-competitor-to-ethereum-arises-amidst-reports-of-the-dao-attack

Would like to hear more about the overall marketing plan for Ardor. Should we start to see more articles soon or will it start to come in when the snapshotting hits in mid July?

Hey there TravelsAsia, I'm another marketer on the Nxt team.

First of all, everything Marenkar added is 100% right.

Second, expect to see us here at Nxt/Ardor more regularly. We're professionalizing to handle the influx of interested parties. This will mean more content in the months to come and thereafter.

You're also going to see some pretty innovative moves coming out of the Nxt community. All I'll say is stay tuned till we post about it, we'll be sure to keep this top up to date.

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Quote from: klee on June 26, 2016, 05:12:28 AM

NXT made top $100m market cap - 0.1$.
The big resistance for every coin is $1bn.

Assuming ARDR will catch the same performance as NXT it will take it at around 0.05$ (because we have x2 coins total than NXT).
Assuming it will reach 1bn resistance (only LTC touched it in the past and collapsed and ETH broken it for good) that would mean 0.5$.

It is good to know what the ceiling might be Wink

So before the end of the snapshot we could see a $0.1-$1 / NXT?
$1 / NXT would be bloody AWESOME

Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 210. (Read 395419 times)