Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 215. (Read 396062 times)
June 20, 2016, 04:03:36 PM
The start of a new beginning.
June 20, 2016, 03:24:37 PM
To quote Jean-Luc, the lead developer:
Oh man!
The lead developer is called Jean-Luc!!!
me like
June 20, 2016, 02:52:36 PM
I dont understand Why people arent holding 
Ardor has a very big potencial... Nxt will increased the price 10x in one or two month, very easy...
Ardor has a very big potencial... Nxt will increased the price 10x in one or two month, very easy...It's starting to pump on poloniex, just wait and you'll see it rising soon !
There is still a lots of people who didn't heard about this awesome coming 2.0
June 20, 2016, 02:23:43 PM
I dont understand Why people arent holding Ardor has a very big potencial... Nxt will increased the price 10x in one or two month, very easy...
Ardor has a very big potencial... Nxt will increased the price 10x in one or two month, very easy... June 20, 2016, 02:05:27 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
June 20, 2016, 01:37:44 PM
Any exchanges available?
June 20, 2016, 01:24:31 PM
Where can we need to submit "snap shot"?
deves will take it
The devs are not involved anymore in any of this, it's the software that takes care of it.
To quote Jean-Luc, the lead developer:
Quote
The number of ARDR asset shares starts at 1,000,000,000. At the snapshot end, after ARDR has been distributed to all accounts based on their average balances during the snapshot, whatever is left in the asset issuer account is deleted automatically. Currently 1,000,000 is expected to be left and deleted, if anyone burns more, this number will change.
You can observe this process on testnet, where the snapshot will end in 4 days. Click on the "Ardor Distribution Status" button in 1.9.1e to check current and expected ARDR token balances. Current is what you are guaranteed to get, expected is the total you will get assuming you maintain the same NXT balance in your account till snapshot end.
The asset issuer account is intentionally locked by setting account control with Genesis only on the whitelist, this way no more transactions can be issued out of this account. So there is no risk that someone can abuse and transfer ARDR assets out of it manually. And if anyone doubts the calculations, during or after the snapshot, set nxt.logFxtBalance to the account number you want to track and do a rescan, snapshot balances at each height for this particular account will be logged as it goes.
You can observe this process on testnet, where the snapshot will end in 4 days. Click on the "Ardor Distribution Status" button in 1.9.1e to check current and expected ARDR token balances. Current is what you are guaranteed to get, expected is the total you will get assuming you maintain the same NXT balance in your account till snapshot end.
The asset issuer account is intentionally locked by setting account control with Genesis only on the whitelist, this way no more transactions can be issued out of this account. So there is no risk that someone can abuse and transfer ARDR assets out of it manually. And if anyone doubts the calculations, during or after the snapshot, set nxt.logFxtBalance to the account number you want to track and do a rescan, snapshot balances at each height for this particular account will be logged as it goes.
https://nxtforum.org/core-development-announcements/(ann)-ardor-or-nxt-2-0-a-scalable-child-chain-platform/msg219458/#msg219458
June 20, 2016, 12:26:47 PM
yah, don't jinx it
June 20, 2016, 10:59:04 AM
Biggest bug of ARDR or NXT is that they don't have enough swedish girls. Great to see them finally working on this now.
June 20, 2016, 10:43:32 AM
Where can we need to submit "snap shot"?
No need to submit it, deves will take it, will average it after the period and then the Ardor tokens will be sent to each NXT address according to the snapshot average.
June 20, 2016, 10:19:37 AM
Where can we need to submit "snap shot"?
June 20, 2016, 09:32:47 AM
[random thought] If people are starting to look at fundamentals due to the eth/dao hack, nxt/ardor might have a strong case.
I have bought 2 btc worth of NXT recently as this is all I can spare at the moment but if the price of NXT holds or drops before the snapshot period starts, I will be looking to get some more.
You have time, even during the snapshot period
Can you perhaps be so kind to answer this:
Can we get some additional information for people who are not much in NXT but are interested in Ardor? Same number of coins as NXT? No development fund, no premines, no bounties? Just 1/1 swap for NXT holders based on the snapshot average?
Ok, never mind. So this is what I understood. Buying NXT now and holding it through the snapshot period gives us NXT 2.0 main net tokens, which will later give us the same amount of main net coins on the new chain. Holding NXT until the genesis block of 2.0 is created ensures that we also get the uquivalent of 50% of the transaction tokens for the first child chain. At the end of the day we also get to keep our NXT 1.9 if we want to.
All in all buying NXT now gives us a share in a total of 3 projects (NXT 1.9, NXT 2.0, First Child Chain). Somebody please correct me if I am wrong.
1. Same number of coins as the current amount of Nxt.
2. The dev and bizdev team are not holding back any Ardor, which is the consensus coin. They *will* keep back 50% of tokens on the first child chain, if no other funding is found.
3. Funding is actively being chased for many months now and we are in talks with parties. We're also chasing innovation money.
4. Premine doesn't make sense from a PoS point of view, but no, no coins kept back.
5. Bounties may become available, as we do have community funds and nxt foundation funds which could be used for such. Will keep you updated on this.
6. For the rest: yes, a 1:1 swap and you are in.
Extra: you don't need to hold Nxt until the Ardor Genesis block. After the 3 month snapshot, you will receive your Ardor tokens on the Nxt Asset Exchange which then can be traded if you wish. THOSE will be converted to Ardor on the new blockchain in the Genesis block. So there is at least a window to trade of half a year.
June 20, 2016, 09:12:02 AM
[random thought] If people are starting to look at fundamentals due to the eth/dao hack, nxt/ardor might have a strong case.
I have bought 2 btc worth of NXT recently as this is all I can spare at the moment but if the price of NXT holds or drops before the snapshot period starts, I will be looking to get some more.
You have time, even during the snapshot period
Can you perhaps be so kind to answer this:
Can we get some additional information for people who are not much in NXT but are interested in Ardor? Same number of coins as NXT? No development fund, no premines, no bounties? Just 1/1 swap for NXT holders based on the snapshot average?
Ok, never mind. So this is what I understood. Buying NXT now and holding it through the snapshot period gives us NXT 2.0 main net tokens, which will later give us the same amount of main net coins on the new chain. Holding NXT until the genesis block of 2.0 is created ensures that we also get the uquivalent of 50% of the transaction tokens for the first child chain. At the end of the day we also get to keep our NXT 1.9 if we want to.
All in all buying NXT now gives us a share in a total of 3 projects (NXT 1.9, NXT 2.0, First Child Chain). Somebody please correct me if I am wrong.
June 20, 2016, 08:43:31 AM
I'm interested to see how this plays out.
June 20, 2016, 07:08:07 AM
[random thought] If people are starting to look at fundamentals due to the eth/dao hack, nxt/ardor might have a strong case.
I have bought 2 btc worth of NXT recently as this is all I can spare at the moment but if the price of NXT holds or drops before the snapshot period starts, I will be looking to get some more.
You have time, even during the snapshot period
Can you perhaps be so kind to answer this:
Can we get some additional information for people who are not much in NXT but are interested in Ardor? Same number of coins as NXT? No development fund, no premines, no bounties? Just 1/1 swap for NXT holders based on the snapshot average?
June 20, 2016, 06:54:22 AM
[random thought] If people are starting to look at fundamentals due to the eth/dao hack, nxt/ardor might have a strong case.
I have bought 2 btc worth of NXT recently as this is all I can spare at the moment but if the price of NXT holds or drops before the snapshot period starts, I will be looking to get some more.
You have time, even during the snapshot period
June 20, 2016, 06:49:40 AM
[random thought] If people are starting to look at fundamentals due to the eth/dao hack, nxt/ardor might have a strong case.
I have bought 2 btc worth of NXT recently as this is all I can spare at the moment but if the price of NXT holds or drops before the snapshot period starts, I will be looking to get some more.
June 20, 2016, 06:32:16 AM
[random thought] If people are starting to look at fundamentals due to the eth/dao hack, nxt/ardor might have a strong case.
June 20, 2016, 06:21:41 AM
Why is this getting such low attention here? It's a great opportunity to get into a new project and the team is top notch.
If you have Twitter, or are on any trollbox at a Nxt exchange, spread the word.
I am on it
Can we get some additional information for people who are not much in NXT but are interested in Ardor? Same number of coins as NXT? No development fund, no premines, no bounties? Just 1/1 swap for NXT holders based on the snapshot average? June 20, 2016, 06:04:15 AM
Why is this getting such low attention here? It's a great opportunity to get into a new project and the team is top notch.
If you have Twitter, or are on any trollbox at a Nxt exchange, spread the word.
Jump to: