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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 77. (Read 395841 times)

full member
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Read the Article - ARDOR Implements Game-Changing Features In New TESTNET RELEASE

Release - Ardor 2.0.4e

Quote from:
This Ardor platform release introduces several important new features. It is for testnet only, and involves a reset of the existing testnet and starting from a new Genesis block.
Major new features:
- - Asset Control
- - Composite Phasing
- - By-Property phasing
- - Asset share increase

+
Modified APIs
New APIs ...
hero member
Activity: 574
Merit: 501
It's now!

Last chance to be part of the IGNIS ICO.

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


@agreetag: 1 billion, hard cap.

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.
legendary
Activity: 996
Merit: 1133
Get Some!
where can I read about bounty?
Nowhere. No bounty here.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
It's now!

Last chance to be part of the IGNIS ICO.

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


@agreetag: 1 billion, hard cap.
newbie
Activity: 48
Merit: 0
how much is soft and hard cap?
sr. member
Activity: 396
Merit: 250
It's now!

Last chance to be part of the IGNIS ICO.

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

hero member
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Merit: 500
member
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full member
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Merit: 107
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!
sr. member
Activity: 460
Merit: 250
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  Smiley

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.
legendary
Activity: 1162
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full member
Activity: 394
Merit: 104
Last weekly of the month!!

Click and enjoy fellows

member
Activity: 80
Merit: 10
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  Smiley
newbie
Activity: 30
Merit: 0
why do you need blockchain for this project?
newbie
Activity: 14
Merit: 0
developers, good luck to your project!
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
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.

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 Wink

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?
hero member
Activity: 1302
Merit: 504
I'm new in the cryptoworld and just heard about Ardor. It seems to be a solid project. If I invest in Ador, should I invest on Nxt also??

no need to get nxt but you can if you want.  it'd gone up nicely since over a year ago, i don't bother with nxt though.

ARDR shall moon nicely one day for sure. Smiley

Thanks for your answer. But the market cap is already too high to expect a huge return.

market cap of Ardor is too low for real
Yes it is. Ardor will be a rival to Ethereum one day. It is better in almost every way and is already gaining child chains. It should blow up next year just as Ethereum did.

mate when you say it is almost better in every way, how do you know that? Ardor has not yet been where Ethereum already is. Problems only occur along the way up to the top.

His hearts in the right place but, only time will tell if he is right.


ETH's success is 90% due to smart contracts and unless Ardor doesn't implement them one way or the other I don't even see it as a competitor.
Ardor is doing the childchains which is basically the same idea. The more chains it adds and grow the more Ardor grows. And now with decent funding they can finally get the word out and advertise better unlike what they did with NXT. 2018 will be a huge year so get ready.

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.
sr. member
Activity: 460
Merit: 250
... 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.

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.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Didn’t quite get... Where can I buy tokens?

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.
sr. member
Activity: 1638
Merit: 364
ETH's success is 90% due to smart contracts and unless Ardor doesn't implement them one way or the other I don't even see it as a competitor.

The competition emerges as both can be used as a platform for ICOs and other kinds of crowdfunding, and also as a platform for "private currencies". Ethereum isn't really used much for its advanced smart contract functions. And Ardor's child chains have the advantage that no ARDR transaction fees would have to be paid for token transactions if a bundler is available.

As far as I know, this advantage is unique. Only in "empty blockchains" of Bitcoin-based coins, where zero-fee transactions are possible because of the low usage, this disadvantage does not exist, but empty blockchains aren't a sustainable model for a successful currency ...

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.
 

Fair points that I didn't think of.  Smiley
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.
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