Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 99. (Read 941430 times)

Quote from: martismartis on May 10, 2017, 03:55:39 AM

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

There is nothing complicated.
Ardor can do ~35x more transactions than Nxt or Bitcoin, a) using about the same amount of resources, b) on a decentralized peer-to-peer network. This is as dumbed down as could be. No project has this in mainnet. Perhaps some do in testnet of which I am not aware?

Can it do 35x more transactions than Ethereum?

More than 35x on the same hardware because Ethereum is less scalable than Nxt or Bitcoin.
Ethereum's blockchain is larger than Bitcoin's blockchain while Bitcoin has been around much longer.
Most Ethereum users don't run full nodes, which brings Ethereum much closer to centralized bank design with few dedicated clusters processing payments, users connecting to them with lite wallets or online wallets.
Obviously dedicated clusters can implement any sort of policy for transactions. If you don't run a full node, you must obey the rules of your payment provider.

That is a very bold statement... with dubious base. At best. In any case, I am not knowledgeable enough to dispute it so I won't. It's also very vague ("most users don't run full nodes...") As for "dedicated clusters", are not those things actual, effective child chains? It certainly sound very, very similar.

Regardless, a comparison with Ethereum, on any level, is neither real nor productive here for Ethereum is in another stratosphere and with development growing exponentially -as well as adoption through the world- while NXT/Ardor is really not growing either it's distribution, market cap or actual use, regardless what the tech is. NXT/Ardor would be at #19 in market cap, light years below #2 ETH, so comparisons are absurd.

barabbas

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Activity: 1162

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Quote from: lurker10 on May 10, 2017, 04:06:10 AM

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

There is nothing complicated.
Ardor can do ~35x more transactions than Nxt or Bitcoin, a) using about the same amount of resources, b) on a decentralized peer-to-peer network. This is as dumbed down as could be. No project has this in mainnet. Perhaps some do in testnet of which I am not aware?

Can it do 35x more transactions than Ethereum?

How Ethereum is related to your concerns, that Ardor is only name change of Nxt. Don't see Lurker10 mentioned Ethereum in his post.

And again, did you read about Nxt and Ardor differences from the links I posted before?

I had read them before. And the differences make no difference to the fact that ARDR is (will be) an evolution of NXT designed to render NXT itself obsolete very quickly (the team has also been very clear about the fact that development will stop gradually after Ardor is out, so I keep not understanding your pretension they are two separate projects).

Ethereum is related to "my concerns" because "lurker10" is saying NXT is more capable and faster than BTC and others but did not mention what has become the reigning prince of the crypto world (where most of the new money is going). It doesn't represent a concern to me the fact that Ardor is just the new name of NXT, it is a fact. One that bears no implications either negative or positive, it just is.

ShroomsKit_Disgrace

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Yeah! I hate ShroomsKit!

More than 35x on the same hardware because Ethereum is less scalable than Nxt or Bitcoin.
Ethereum's blockchain is larger than Bitcoin's blockchain while Bitcoin has been around much longer.
Most Ethereum users don't run full nodes, which brings Ethereum much closer to centralized bank design with few dedicated clusters processing payments, users connecting to them with lite wallets or online wallets.
Obviously dedicated clusters can implement any sort of policy for transactions. If you don't run a full node, you must obey the rules of your payment provider.

Very interesting conversation. Thanks

lurker10

sr. member

Activity: 378

Merit: 250

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

There is nothing complicated.
Ardor can do ~35x more transactions than Nxt or Bitcoin, a) using about the same amount of resources, b) on a decentralized peer-to-peer network. This is as dumbed down as could be. No project has this in mainnet. Perhaps some do in testnet of which I am not aware?

Can it do 35x more transactions than Ethereum?

More than 35x on the same hardware because Ethereum is less scalable than Nxt or Bitcoin.
Ethereum's blockchain is larger than Bitcoin's blockchain while Bitcoin has been around much longer.
Most Ethereum users don't run full nodes, which brings Ethereum much closer to centralized bank design with few dedicated clusters processing payments, users connecting to them with lite wallets or online wallets.
Obviously dedicated clusters can implement any sort of policy for transactions. If you don't run a full node, you must obey the rules of your payment provider.

martismartis

legendary

Activity: 1162

Merit: 1005

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

There is nothing complicated.
Ardor can do ~35x more transactions than Nxt or Bitcoin, a) using about the same amount of resources, b) on a decentralized peer-to-peer network. This is as dumbed down as could be. No project has this in mainnet. Perhaps some do in testnet of which I am not aware?

Can it do 35x more transactions than Ethereum?

How Ethereum is related to your concerns, that Ardor is only name change of Nxt. Don't see Lurker10 mentioned Ethereum in his post.

And again, did you read about Nxt and Ardor differences from the links I posted before?

barabbas

legendary

Activity: 1162

Merit: 1000

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

There is nothing complicated.
Ardor can do ~35x more transactions than Nxt or Bitcoin, a) using about the same amount of resources, b) on a decentralized peer-to-peer network. This is as dumbed down as could be. No project has this in mainnet. Perhaps some do in testnet of which I am not aware?

Can it do 35x more transactions than Ethereum?

lurker10

sr. member

Activity: 378

Merit: 250

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

There is nothing complicated.
Ardor can do ~35x more transactions than Nxt or Bitcoin, a) using about the same amount of resources, b) on a decentralized peer-to-peer network. This is as dumbed down as could be. No project has this in mainnet. Perhaps some do in testnet of which I am not aware?

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: lurker10 on May 10, 2017, 01:59:24 AM

Growing up and evolution of Nxt sounds good to me, I'll take it.

That it is. Always was. Makes no sense whatsoever to pretend otherwise, as you guys are doing of late. It only adds to the confusion and confusion -to most people- is one of the major problems of this project: Too complicated.

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: barabbas on May 10, 2017, 01:48:27 AM

Quote from: lurker10 on May 10, 2017, 01:39:40 AM

Quote from: barabbas on May 10, 2017, 01:59:03 AM

Meanwhile BTC is literaly exploding -above $2,000. within hours-. Get ready for NXT (and ARDR, along with the ret of alts) to tumble further. Significantly

Nxt has a little troll now, a good sign it is doing something well

Really? A legendary member with hundreds of posts on this thread is a "now"? Wow. But, paraphrasing yourself, to each his own. Love the argument about the facts stated, though.

Yes, now. It was quiet here in 2015-2016. Now that Nxt is doing better, there is this little trolling happening. Keep it up! Wink

Not too much for credibility but hey... As for NXT "doing better"... well, considering that even that proven scam (Bobsurplus even bailed out when caught) named BAY has gone x10 -along with every other worthless project- in the last few months, NXT is doing only relatively "better". Hopefully, for those of us that hope to benefit greatly from the scheme by these developers, the money that is pouring practically indiscriminately across the boards onto every coin project, will continue or, at least, won't run after being taken. We will see.

Stating facts, such as the ones stated above, can be called "little trolling" only if one has not very legitimate interest in keeping them unaddressed. But, like I said, the scheme is working, so let's benefit all.
But in knowledge, not chosen ignorance -or blatant deceit- of what really is going on.

I bet you haven't opened the new Ardor testnet client and do not understand how it is different from Nxt.

As for Nxt doing only relatively better in price charts, with that I can somewhat agree. It can be argued that the new product isn't launched in mainnet, there is a lot of action ahead.

What's this interest now in pretending that Ardor is like a whole new creature? This is just an evolution of the very same project and, admitted by it's creators -as it should- designed to not only stand on it own but to render NXT obsolete in the very near future. The ONLY value NXT has now -accepting the resounding success of Ardor who no one doubts for, after all, it is... well NXT!- is that it represents 50% of IGNIS and, in present terms, it is the network support of Ardor. It doesn't matter how "different" it is from the current version of NXT, it IS NXT 2.0 or whatever else you want to call it, just like the 2018 Prius is the evolution of the previous years' model. It is the SAME project, by the SAME people, with the SAME community and the same target audience/consumers. I don't understand where is the motivation for that absurd pretension. It definitely doesn't add value to the project, so why? Or what is negative about stating what is not just evident but thoroughly admitted when the project was presented. This is not an acquisition. Or another project by a different team with entirely different technology. This is just the growing up and evolution of NXT. No more and definitely no less.

Baffling, really.

martismartis

legendary

Activity: 1162

Merit: 1005

Quote from: martismartis on May 10, 2017, 01:41:21 AM

Quote from: barabbas on May 10, 2017, 01:48:27 AM

Meanwhile BTC is literaly exploding -above $2,000. within hours-. Get ready for NXT (and ARDR, along with the ret of alts) to tumble further. Significantly

Nxt has a little troll now, a good sign it is doing something well

Really? A legendary member with hundreds of posts on this thread is a "now"? Wow. But, paraphrasing yourself, to each his own. Love the argument about the facts stated, though.

Trolling posts do not count.

By checking poloniex I see green color with Nxt and Ardor. Do you have other sources, where Nxt and Ardor tumble significantly?

You see 1% gains after tumbling 20% -from much higher prices-. But give it a little time so BTC recharges and keeps going much, much higher. Let's see what happens then. We will indeed revisit this in months to come. Years, even.

That said, I'm the first to congratulate -and participate in the profits- the schemers because it obviously worked -even before the river of new money inundating crypto of late-. Hey, overnight they doubled the market value of this project by simply calling NXT Ardor. That was impressive. And as such, chapeau, once again. Now it needs to go back to 10k -minimum-, to really be a participant of the "raining money" going on across the board. Close, but still not quite there yet. I'd be the first to celebrate for it indeed has some tech value under the hood, as opposed to so many others that have gone x10, x20 and more in the last few weeks. I am very surprised the whole thing is so (price) vulnerable, though, giving the circumstances.

I'd recommend you start from reading this: https://www.jelurida.com/ardor-nxt-feature-comparison and this https://www.jelurida.com/ardor-blockchain-platform-design

It's not a wall of text, so when you'll read these two links, come back and we could talk further. Thank you.

lurker10

sr. member

Activity: 378

Merit: 250

Quote from: lurker10 on May 10, 2017, 01:39:40 AM

Quote from: martismartis on May 10, 2017, 01:41:21 AM

Meanwhile BTC is literaly exploding -above $2,000. within hours-. Get ready for NXT (and ARDR, along with the ret of alts) to tumble further. Significantly

Nxt has a little troll now, a good sign it is doing something well

Really? A legendary member with hundreds of posts on this thread is a "now"? Wow. But, paraphrasing yourself, to each his own. Love the argument about the facts stated, though.

Yes, now. It was quiet here in 2015-2016. Now that Nxt is doing better, there is this little trolling happening. Keep it up! Wink

Not too much for credibility but hey... As for NXT "doing better"... well, considering that even that proven scam (Bobsurplus even bailed out when caught) named BAY has gone x10 -along with every other worthless project- in the last few months, NXT is doing only relatively "better". Hopefully, for those of us that hope to benefit greatly from the scheme by these developers, the money that is pouring practically indiscriminately across the boards onto every coin project, will continue or, at least, won't run after being taken. We will see.

Stating facts, such as the ones stated above, can be called "little trolling" only if one has not very legitimate interest in keeping them unaddressed. But, like I said, the scheme is working, so let's benefit all.
But in knowledge, not chosen ignorance -or blatant deceit- of what really is going on.

I bet you haven't opened the new Ardor testnet client and do not understand how it is different from Nxt.

As for Nxt doing only relatively better in price charts, with that I can somewhat agree. It can be argued that the new product isn't launched in mainnet, there is a lot of action ahead.

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: lurker10 on May 10, 2017, 01:39:40 AM

Meanwhile BTC is literaly exploding -above $2,000. within hours-. Get ready for NXT (and ARDR, along with the ret of alts) to tumble further. Significantly

Nxt has a little troll now, a good sign it is doing something well

Really? A legendary member with hundreds of posts on this thread is a "now"? Wow. But, paraphrasing yourself, to each his own. Love the argument about the facts stated, though.

Trolling posts do not count.

By checking poloniex I see green color with Nxt and Ardor. Do you have other sources, where Nxt and Ardor tumble significantly?

You see 1% gains after tumbling 20% -from much higher prices-. But give it a little time so BTC recharges and keeps going much, much higher. Let's see what happens then. We will indeed revisit this in months to come. Years, even.

That said, I'm the first to congratulate -and participate in the profits- the schemers because it obviously worked -even before the river of new money inundating crypto of late-. Hey, overnight they doubled the market value of this project by simply calling NXT Ardor. That was impressive. And as such, chapeau, once again. Now it needs to go back to 10k -minimum-, to really be a participant of the "raining money" going on across the board. Close, but still not quite there yet. I'd be the first to celebrate for it indeed has some tech value under the hood, as opposed to so many others that have gone x10, x20 and more in the last few weeks. I am very surprised the whole thing is so (price) vulnerable, though, giving the circumstances.

barabbas

legendary

Activity: 1162

Merit: 1000

Meanwhile BTC is literaly exploding -above $2,000. within hours-. Get ready for NXT (and ARDR, along with the ret of alts) to tumble further. Significantly

Nxt has a little troll now, a good sign it is doing something well

Really? A legendary member with hundreds of posts on this thread is a "now"? Wow. But, paraphrasing yourself, to each his own. Love the argument about the facts stated, though.

Yes, now. It was quiet here in 2015-2016. Now that Nxt is doing better, there is this little trolling happening. Keep it up! Wink

Not too much for credibility but hey... As for NXT "doing better"... well, considering that even that proven scam (Bobsurplus even bailed out when caught) named BAY has gone x10 -along with every other worthless project- in the last few months, NXT is doing only relatively "better". Hopefully, for those of us that hope to benefit greatly from the scheme by these developers, the money that is pouring practically indiscriminately across the boards onto every coin project, will continue or, at least, won't run after being taken. We will see.

Stating facts, such as the ones stated above, can be called "little trolling" only if one has not very legitimate interest in keeping them unaddressed. But, like I said, the scheme is working, so let's benefit all.
But in knowledge, not chosen ignorance -or blatant deceit- of what really is going on.

martismartis

legendary

Activity: 1162

Merit: 1005

Meanwhile BTC is literaly exploding -above $2,000. within hours-. Get ready for NXT (and ARDR, along with the ret of alts) to tumble further. Significantly

Nxt has a little troll now, a good sign it is doing something well

Really? A legendary member with hundreds of posts on this thread is a "now"? Wow. But, paraphrasing yourself, to each his own. Love the argument about the facts stated, though.

Trolling posts do not count.

By checking poloniex I see green color with Nxt and Ardor. Do you have other sources, where Nxt and Ardor tumble significantly?

lurker10

sr. member

Activity: 378

Merit: 250