Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 93. (Read 395841 times)

New version 1.11.7 is released: https://nxtforum.org/nrs-releases/nrs-v1-11-7/
And please read a Q&A of this new release: https://nxtforum.org/general-discussion/nxt-1-11-7-qa/

(I'm sorry if you've seen this before. I just posted this on Reddit and I thought I'd say it again here.)

People had been complaining about the ICO, for good reason. They were also saying the devs didn't care; that they were happy if a few whales bought as long as they got their money. Those of us that have been involved in Nxt for a while knew better.

This update is important for two reasons. The first is that it levels the playing field. It effectively gives the bot advantage to everyone. Now whether you get to buy or not mainly depends on whether your transaction is lucky enough to reach the forging node before the offering is sold out. That mostly depends on your network connectivity. Whales don't get any particular advantage any more.

Perhaps more importantly, it also shows that the devs listen to the community, they care, and they work hard to fix problems. They have been doing this for more than the 4 years that Nxt has been a running crypto-currency. They will keep on doing it into the future. They believe in crypto-currencies as a force for good in the world and they are making it happen.

The potential here is huge. Nxt has taken a bit of a beating over the last year, partly because the devs have been working on their vision for Ardor and so Nxt itself has not had many updates in that time. All that behind-the-scenes work is about to come to fruition, with Ardor now on Testnet and going to be properly launched on Livenet by the end of the year. Ardor finally solves the scalability problems that cripple all other crypto-currencies.

The problems this ICO has had are problems of success. It is over-subscribed. Whales want in because they know the devs will deliver. They also want to put their money in because they know money is needed. Nxt raised some Bitcoin for development and marketing back when it started, all those years ago, and that money ran out. The community tried to raise money other ways, but really Nxt has been running on fumes for a while now. The success of this ICO means that phase is over.

The Ardor platform will finally have the financial backing it deserves. With that, and the unmatched technology, and some of the best devs in the business, Ardor/Ignis is poised for take-off.

what evidence you need, already people posted so many details about ICO coins being purchased by one address during the very first day and also people having issues while trying to buy coins in next rounds. With all this it means IGNIS was never meant to be given to normal people like us in ICO.
Who barrabas ? I dont know that guy.

ICO to ignis is getting out of hand . Surely hurting the potentials of Ardor. I want to contribute to the ICO with my newly purchase NXT with JLRDA tokens but somehow no instructions to do it.

what evidence you need, already people posted so many details about ICO coins being purchased by one address during the very first day and also people having issues while trying to buy coins in next rounds. With all this it means IGNIS was never meant to be given to normal people like us in ICO.
Who barrabas ? I dont know that guy.

    Hi,

    Everyone is thinking i'm using some kind of bot. I'm gonna tell you the truth.
    I'm not... for the very simple reason that I wouldn't know how to make one. I'm not a programmer and i don't know how to code.

    I work in a movie theater guys...

    The reason i'm able to be the first is because I prepared this ICO since weeks before. I learned how it worked, how transactions worked, I read wiki about the API, and learned how to use it.
    And more importantly, I tested everything. I used the testnet and tried everything multiple time. I made hundreds of transactions to test all the different possible case.
    I even made plan to be ready in case the developers tried to changes the rules at the last minute.

    That's what made me able to be the first...i invested time and work. And you didn't.

    I'm planning on buying 5 millions additional Ignis at this price level.
    But not on the next round, I have to go to work.

@shade_wrath, please give an evidence and facts of whales, belonging to NXT team or stop fudding. You and @barrabas are the same person?

Damn, you guys just make my day! I think all threads need comic relief like this from time to time, just to break up the serious stuff. So, rock on idiot, and please, keep posting this funny, funny stuff!

I highlighted in first place, the whole process of using one coin and then re-issuing another coin based on same is not a good idea and highlight the greed of devs. Moreover developers keep doing the same thing multiple times, again and again. This process is not for funding the project its for cheating people and getting money from them  as they know this has been successful before and so it will be in future.

Moreover with Whales (belonging to NXT team) buying over all ICO tokens and apart from that  50% of entire project tokens Devs are keeping with themselves,  they will just dump all this IGNIS on poor traders who will be busy buying it in hope of getting rise and profit.

using one coin and then re-issuing another coin based on same is not a good idea

Maybe it's Jelurida who sells their coins?

yes i was able to buy by just refreshing in browser wallet

How do you know that the whale is a female?

By the way, account NXT-CFLD-HWZ9-8YR4-E3BYQ used the same technique as that whale. So it's too early to celebrate.

Is there anyone here who was lucky to buy JLRDA coins from the token sale page?