Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 77. (Read 395743 times)

Looks good and chance to participate in Ignis ico can give a good profit in the future. But we will see a snapshoot soon, and now there is a choice, buy for NXT or hold NXT for the snapshoot.

Nowhere. No bounty here.

Calculating the current price, it seems still to be a good decision to invest in JLRIDA/IGNIS tokens.

At the current price of 0.058 USD per NXT, one IGNIS token costs about 0.084 USD (1.45 * 0.058).

Let's compare that now with the situation at the beginning of the ICO. IGNIS tokens were sold for 0.4 NXT. But one NXT was at 0.17 to 0.25 USD! So one IGNIS, if you were _very_ lucky, did cost 0.07 USD, not that much less than now. But if you bought on the top, you paid 0.1 USD per IGNIS - >15% more than now!

At the end, the mega-whale that bought the whole first ICO batch wasn't so smart - at that moment the NXT market cap was at over 200 million USD, so very likely he bought for a higher price than now


@agreetag: 1 billion, hard cap.

how much is soft and hard cap?

It's now!

Last chance to be part of the IGNIS ICO.

https://www.nxter.org/ignis-ico-report-8/

done

Ok thanks, that was helpful.

Am very excited about ARDOR,
child chains/blockchain as a service is an excellent good idea that can definitely become popular

Loaded up on ARDR!

Hello, you're not quite right in your interpretation.

The Ardor tokens, ARDR asset id 12422608354438203866 in the Nxt blockchain until the snapshot, "power" the main chain (there's only one main chain) in the new platform. This means they are used to generate blocks and secure the whole Ardor ecosystem. But they are exclusively used for this purpose.

IGNIS is the token for the first child chain under Ardor. Child chains in Ardor, unlike the main chain, can have for starters all the existing features in the Nxt blockchain. Issuing assets, sending messages, voting, trading digital goods, etcetera. So IGNIS has all the features, except for generating blocks, which only ARDR can do. But other than this, IGNIS does not "power" anything. Any other child chain that will be added to Ardor, including other few initial child chains like Janus or Bitswift, can have access to the same Nxt features and other features that will be added to Ardor.

What is particular for IGNIS is that it is the first child chain, hard-coded by developers, so it becomes the initial transactional token for many things inside of the ecosystem, which should give it good usage and volume.

And about investment advice, it is difficult to give. ARDR has in principle more long term potential because it will gather fees from all child chains, but IGNIS will have more usability out of the box. You should make your own investment decisions after reading and understanding the platform.

Core dev Lior Yaffe Q@A about Ardor: https://medium.com/@lyaffe/ardor-q-a-5390fc2294fa

Last weekly of the month!!

Click and enjoy fellows

Hi there, newb question incoming ;-)

I have a few things about NXT and ARDOR, but would not say that I understand everything. The way I got it is basically that ARDOR tokens "power" the main chains, whereas IGNIS powers the child chains...in the sense that other child chains inherit features from IGNIS. Hope that´s not complete BS, but thats what I understood.

Now, what I don´t really get is: Which token is the better investment? Why should I own ARDOR instead of IGNIS, or the other way around?

Comments appreciated 

why do you need blockchain for this project?

developers, good luck to your project!

A more simple interface with an "advanced" button would be a great addition. Maybe this concept can be realized with the "NXT (ARDOR) Desktop" (run-desktop.sh) wallet version, because this one is easier to use for people that don't know what this strange "localhost" thingy is

There were some alternative NXT clients in the past, some I remember had minimalist interfaces (I had tried the ClienNXT wallet and liked it a bit, it was not very "beautiful" but very simple to use). Does anybody know if some of these alternative still exist?

Ardor is another great experiment and I will follow it closely and see how they are managing the network should it really start growing at enormous rates. Will be interesting for sure.

Some of your points are already addressed, others are in the roadmap as far as I know.

Anyone can use now https://nxt.jelurida.com as public Nxt wallet without downloading anything. They also have testnet public wallets for Nxt and Ardor, and will make available an Ardor mainnet public wallet after launch.

Also, the Nxt Client can be installed in light mode and no blockchain download will happen. The client will use API and blockchain data from remote public nodes.

But it is true that Nxt/Ardor could use a simplified version of the desktop wallet. I think Nxt has a great wallet, but I'm used to it and I understand newcomers can be overwhelmed by a lot of tools that could be under the "advanced" hood of a simplified wallet.

Ardor tokens are readily available at all major crypto exchanges namely bittrex and poloniex. Better hurry up while it is darned cheap before devs could implement child chains.

Fair points that I didn't think of. 
However, if you really wanna go toe-to-toe with the big guy (ETH), the ease of use should be comparable. People these days hate desktop wallets for some reason and the NXT one isn't really the most casual friendly or good looking one. On the other hand, nobody in their right mind runs an Ethereum full node at home either. This is why MEW is the de facto official ETH wallet. If Ardor/Jelurida offered a web wallet like MEW or a highly polished desktop wallet I believe this would help immensely.

And don't forget that many use cases that have gone Ethereum due to market effect could have perfectly used Nxt.

Associating smart contracts with Ethereum and not with Nxt/Ardor, in this sense, is a fallacy. A smart contract allows for self-enforcing rules in a blockchain, and the Nxt architecture provides modules that allow for self-regulating contracts (specially the whole phased transactions API) and other modules that work as a template for frequent uses in Ethereum, like asset/currency issuance and trade.

Turing completeness in Ethereum surely does allow in theory for virtually limitless custom tools, that is undisputed. But the idea behind Nxt/Ardor is modularity, which can simplify implementation of a lot of common cases, even if theoretically limited in scope so far. Enter the scalability provided with Ardor, which in the case of Ethereum (plasma, sharding...) still has a long way to go, and it is quite clear that, if we all put our fanboy hats aside, Ardor can and will be a competing technology.