Q&A:
There's been a lot of questions coming back repeatedly, which isn't really bad in my opinion as it indicates that there's new people coming in. However, there are a few misconceptions going around so we're creating this in order to clear some things up. We'll continue adding more questions to this list, but please feel free to ask if you have a question now that isn't answered here.
What is Ardor?Ardor is a scalable blockchain platform with child chains. With it, people can use blockchain technology without having to build things from scratch. In addition, they will be able to trade with other child chains on the platform. Since it is built with Nxt technology, the features of Nxt, like Assets, Messaging, and Voting, will be available on the child chains.
Will Nxt Die?No. Nxt will be supported by the core developers for at least a year after the launch of Ardor and will most likely be supported beyond that.
When will Ardor Launch?
Ardor is scheduled to launch in the third quarter of 2017. The distribution after the snapshot will be of assets that represent the Ardor tokens that you will get when Ardor launches. These tokens can be traded on the Asset Exchange of Nxt after they are issued, which will be at block 1,000,000 (around October 13th).
Will I get ARDR if my NXT is on an exchange?We have a written confirmation from BTC38, Poloniex, and Bittrex that they will be participating in the snapshot and will be distributing the tokens.
What is IGNIS?IGNIS will be the first child chain of Ardor.
How do I get IGNIS Tokens?Before the launch of Ardor, there will be a one-time snapshot to all accounts with NXT. You will receive 50% of whatever amount of NXT you have at that time. Like with the snapshotting for ARDR, no NXT will be burned.
Do I Need to Have Ardor Tokens (ARDR) to get IGNIS Tokens?No. The only determining factor of the amount of IGNIS Tokens you'll get is the amount of NXT you have.
What Will Happen to My Assets on Nxt?It all depends on the Asset issuer if they choose to stay on Nxt or move on to Ardor. It will not be automatic.
What Will Happen to My Monetary System Tokens?Like Assets, it depends on the issuer of the MS Token on what they would want to do. Also like Assets, this will not be automatic.
Q&A is updated daily, as new questions arrive from users. For most up to date Q&A always check
https://www.reddit.com/r/NXT/comments/55svmu/frequently_asked_questions