| ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 214.

fedmahnkassad

hero member

Activity: 840

Merit: 500

Twitter: @FedKassad

Quote from: Damelon on June 21, 2016, 06:32:23 AM

Quote from: paddox on June 20, 2016, 06:13:10 PM

Is there a minimum amount of nxt a wallet must hold before it gets get Ardor tokens for the new project? Do wallets with 0.1 nxt get Ardor tokens or do they need to hold more nxt for that?

I read it's a 1:1 swap, but surely if there's only dust in a wallet that's less than the fee needed to send coins then that wallet won't get any Ardor tokens.

Quote from: Damelon on June 20, 2016, 09:32:47 AM

6. For the rest: yes, a 1:1 swap and you are in.

I need to correct my use of the word "swap". Late night and all that.

It's NOT a swap: you get ARDR *and* keep your Nxt.

I still can't seam to understand very well, do you also get 50% of something else apart from keeping your NXT and getting 1:1 ARDR?

Cadel Lee Stormer

newbie

Activity: 4

Merit: 0

Sound good. See you in 2017 Ardor.

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: paddox on June 20, 2016, 06:13:10 PM

Is there a minimum amount of nxt a wallet must hold before it gets get Ardor tokens for the new project? Do wallets with 0.1 nxt get Ardor tokens or do they need to hold more nxt for that?

I read it's a 1:1 swap, but surely if there's only dust in a wallet that's less than the fee needed to send coins then that wallet won't get any Ardor tokens.

Quote from: Damelon on June 20, 2016, 09:32:47 AM

6. For the rest: yes, a 1:1 swap and you are in.

I need to correct my use of the word "swap". Late night and all that.

It's NOT a swap: you get ARDR *and* keep your Nxt.

EvilDave

hero member

Activity: 854

Merit: 1001

Quote from: kjadB on June 20, 2016, 07:46:33 PM

The name 'Ardor' is Don Draper brilliant ... it's so BAD it sticks in the mind like a terrible TV commercial, or an irritating pop song ... well done team Ardor!!

Thanks, mate. It did take quite a lot of brainstorming before we came up with 'Ardor'.....mainstream adoption is now guaranteed Grin

Quote from: habraken on June 21, 2016, 12:54:24 AM

I wonder how many Ardor tokens will be sent to abandoned accounts that were used for coin shuffling for example Wink

Doesn't matter, really, and there's nothing to be done about it.
Someone suggested trying to remove 'abandoned' accounts from the Ardor distribution, but there's no easy way to distinguish between abandoned and long term hodling.
Everyone gets the Ardor they deserve...... Cheesy

(and, btw, this is not a swap. If you hold NXT Original, you will recieve Ardor tokens (based on the snapshot balance) , and you get to keep your NXT Original.
The Nxt 1.0 blockchain will continue to run in parallel with the new Ardor/Nxt2.0 blockchain, so you get 2 systems for the price of one)

Lastly: It's good to be back on BTT, kids. I've kinda missed this place over the last few months....... Shocked

andyatcrux

legendary

Activity: 938

Merit: 1000

Quote from: VanBreuk on June 21, 2016, 05:03:32 AM

Quote from: andyatcrux on June 21, 2016, 04:32:50 AM

So Ardor (ARDR) is the FNXT from earlier proposals, just the name changed?

ARDR token is the FNXT token from previous discussions, Ardor is the name of the new platform (Nxt 2.0).

I see, thanks. Seems like the timing is perfect for this new direction that NXT is taking. Looking forward to following it's development.

andyatcrux

legendary

Activity: 938

Merit: 1000

Quote from: HCLivess on June 21, 2016, 04:50:45 AM

I invite you to my other thread:
https://bitcointalksearch.org/topic/--1521369

Did I open Pandora's box with my earlier post> Huh

Yikes. Mprep will likely be placing that thread in the trashcan soon. Get a hold of yourself HCLivess, lol. Cheesy

VanBreuk

sr. member

Activity: 460

Merit: 250

Quote from: andyatcrux on June 21, 2016, 04:32:50 AM

So Ardor (ARDR) is the FNXT from earlier proposals, just the name changed?

ARDR token is the FNXT token from previous discussions, Ardor is the name of the new platform (Nxt 2.0).

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

I invite you to my other thread:
https://bitcointalksearch.org/topic/--1521369

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

As an NXT fish, I support this project

flyer88

hero member

Activity: 1177

Merit: 500

Great Project, bought in

The ability for corporations to use a fully programmed and tested blockchain for their own is the future marked in my opinion. Like we can see at NEM these days.

andyatcrux

legendary

Activity: 938

Merit: 1000

So Ardor (ARDR) is the FNXT from earlier proposals, just the name changed?

stenkross

sr. member

Activity: 330

Merit: 250

Quote from: paddox on June 20, 2016, 06:13:10 PM

Is there a minimum amount of nxt a wallet must hold before it gets get Ardor tokens for the new project? Do wallets with 0.1 nxt get Ardor tokens or do they need to hold more nxt for that?

I read it's a 1:1 swap, but surely if there's only dust in a wallet that's less than the fee needed to send coins then that wallet won't get any Ardor tokens.

Quote from: Damelon on June 20, 2016, 09:32:47 AM

6. For the rest: yes, a 1:1 swap and you are in.

The Ardor asset have 4 decimals, while NXT has 8 decimals.
So yes, if you hold less than 0.0001 NXT would might not get anything if I understand it correctly (depending on how rounding is handled).
This is the asset that will be used btw: https://nxtportal.org/assets/12422608354438203866

andyatcrux

legendary

Activity: 938

Merit: 1000

Quote from: freshman777 on June 21, 2016, 01:02:48 AM

Quote from: kjadB on June 20, 2016, 07:46:33 PM

The name 'Ardor' is Don Draper brilliant ... it's so BAD it sticks in the mind like a terrible TV commercial, or an irritating pop song ... well done team Ardor!!

+1 it's terrible but sticks Cheesy

It does stick in your head. One might even feel compelled to say it repeatedly.

freshman777

sr. member

Activity: 406

Merit: 250

Quote from: kjadB on June 20, 2016, 07:46:33 PM

The name 'Ardor' is Don Draper brilliant ... it's so BAD it sticks in the mind like a terrible TV commercial, or an irritating pop song ... well done team Ardor!!

+1 it's terrible but sticks Cheesy

habraken

sr. member

Activity: 251

Merit: 250

I wonder how many Ardor tokens will be sent to abandoned accounts that were used for coin shuffling for example Wink

kjadB

sr. member

Activity: 406

Merit: 250

The name 'Ardor' is Don Draper brilliant ... it's so BAD it sticks in the mind like a terrible TV commercial, or an irritating pop song ... well done team Ardor!!

futuraprocessa

newbie

Activity: 12

Merit: 0

Hello everyone,

futuraprocessa here, I'm the marketeer, along with Marenkar, on the Nxt team. I handle marketing strategy, PR, and copywriting.

If you're excited by the news, that's wonderful to hear. There will be lots more to come in the near future. We're assembling a solid team and you'll see the results over the weeks and months to come.

Be excited.

Also, do join us slack. We have fun... and you should too. With us. We'd be happy to answer questions there anytime!

paddox

member

Activity: 77

Merit: 10

Is there a minimum amount of nxt a wallet must hold before it gets get Ardor tokens for the new project? Do wallets with 0.1 nxt get Ardor tokens or do they need to hold more nxt for that?

I read it's a 1:1 swap, but surely if there's only dust in a wallet that's less than the fee needed to send coins then that wallet won't get any Ardor tokens.

Quote from: Damelon on June 20, 2016, 09:32:47 AM

6. For the rest: yes, a 1:1 swap and you are in.

TravelsAsia

sr. member

Activity: 448

Merit: 250

Quote from: DappInvestigator on June 20, 2016, 02:05:27 PM

Quote from: CryptoMaik on June 20, 2016, 01:37:44 PM

Any exchanges available?

You didn't read anything from the first post right ?

Launched in October and if you want Ardor token (fnxt), you need to buy and keep NXT in your wallet between july and october

I like this approach over an ICO.

marenkar

newbie

Activity: 14

Merit: 0

Hey everyone!

Thanks for your interest in Ardor and the positive response to this announcement!

I'm marenkar, one of the people working with the NXT/Ardor team and was heavily involved in the creation of this announcement. I used to help out the NXT team as a moderator on the #nxtalk IRC channel (still hanging around there sometimes!) in late 2013, just shortly after NXT launched. I left mid-2014 due to life issues, but I've been slowly coming back since February of this year and this time I'm looking to stay.

Right now, I'm helping the team out in a marketing, communications, and branding capacity. As I'm usually online most of the day, I am also active on NXTChat on Slack. Come and join us - https://nxtchat.herokuapp.com/

Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 214. (Read 396062 times)