Bitcoin Forum

NXT has announced their new project Ardor will be NXT 2.0. They decided not to do an ICO, you have to hold NXT to get credit for the new project. What do you think the NXT price will be in the next week, month, 3 months?

1 week -0.000001950
1 month - 0.000002900
3 months - 0.00005800

It's already up 30% on Polo.

https://bitcointalk.org/index.php?topic=1518497.0

NXT has announced their new project Ardor will be NXT 2.0. They decided not to do an ICO, you have to hold NXT to get credit for the new project. What do you think the NXT price will be in the next week, month, 3 months?

1 week -0.000001950
1 month - 0.000002900
3 months - 0.00005800

It's already up 30% on Polo.

https://bitcointalk.org/index.php?topic=1518497.0

it seems that the price will stay the same as investors are not doing some trade because of btc keeps rising up
and most of the traders and investors are focusing on ho they will gonna take advantage of this, thanks for this
info mate i will look on this project i know nxt developer have few more ideas how to make this project worthy
for both the investors and developers.

I can't decide on what the price will do without more details.

Is there a minimum amount of nxt a wallet must hold before it gets get credit for the new project? Do wallets with 0.1 nxt get credit or do they need to hold more nxt for that?

NXT has announced their new project Ardor will be NXT 2.0. They decided not to do an ICO, you have to hold NXT to get credit for the new project. What do you think the NXT price will be in the next week, month, 3 months?

1 week -0.000001950
1 month - 0.000002900
3 months - 0.00005800

It's already up 30% on Polo.

https://bitcointalk.org/index.php?topic=1518497.0

Why would it go up then down because of this news?

Some whales probably still cash out. They've been at it for a year or more. Not sure if it's a good strategy though - could be better to just let it spike first for a while.

Some whales probably still cash out. They've been at it for a year or more. Not sure if it's a good strategy though - could be better to just let it spike first for a while.

NXT 2.0 Ardor No ICO Speculation

Lol

Martin Armstrong turned out to be fallible with his Bremain

Attacking me by attacking any person's name I've ever mentioned. Next you need to compare your pencil dick to your pencil dick, since I mentioned you.

I know facts aren't relevant in your quest to find your dick:

https://www.armstrongeconomics.com/international-news/europes-current-economy/brexit-unexpected-consequences/

Or myself writing last week that BREXIT was likely.

I refer to his predictions from weeks and months ago which you had been promoting on the forum.

Lol, so Jean Luc-the-dicktator fucks the Nxt ecosystem to drive the price way down, scoop all the coins, and now resell them and claim it is not an ICO.

Good obfuscation! The dumbells here are likely to be fooled by it.

If it quacks like a duck, if it waddles like a drunkard duck, ..., it might be a penguin. See it's all Spoetnik's fault. He hosed the original Nxt developers with his penigun.

Citation required. Why are you spamming this thread with off-topic attacks about BREXIT because you can't find your dick?

Are you trying to bury this:

Marc De Mesel is already out with majority, sold 13 million and it did not dump the price terribly

I don't see how Jean Luc drove it down. He is one of devs working his ass off to save Nxt and the ecosystem with the recent Nxt 2.0 initiative.

Think about what smart contracts can do but without the risk (Ethereum/DAO hack). This thing can get huge if they do the right marketing!

To clarify, even if I think you meant it that way: NXT 2.0/Ardor, like Nxt 1.0, will not have a "turing-complete" smart contract language. Until today, to my knowledge they are not even planning to add the complete "Automated Transactions" feature (a limited smart contract toolbox) that was integratet into the two other (Nxt-inspired) Java currencies Qora and Burst.

But NXT developers have stated they will "integrate most relevant use cases" of smart contracts. The Phased Transactions feature is one of these use cases, as far as I know.

That is not what my little birdie told me.

Dicktator driving out all other competitive developments and taking control over Nxt caused many of former Nxt ecosystem developers to leave. Kushti basically admitted this recently w/o implicating Jean-Luc specifically.

i assume alot of people are gonna leave their coins on exchanges. what happens to the distribution then? do they exclude the known exchange addresses from the distribution? are the people who bought on the rise clever enough to realise they need to put the coins in a proper wallet? it's an absolute waste of money for them otherwise.

I am thinking the same thing..

People that leave coins on exchanges are playing russian roulette to being with. I don't even trust exchanges honoring swaps and drops.  Look how BTER screwed over Peertracks and PLAY holders.  If it's not in your wallet, you don't own it.   The best devs can do is continue to communicate the message frequently about distribution.

We'll update about this once we have this completely clear. We are contacting the exchanges, yes.
We'll give you clear communication about this.

The devs are are contacting the exchanges and will give an update on it when they have discussed the matter with them.

I doubt many people have left coins on bter because it wouldn't let them withdraw crypti coins for the lisk coin swap. The devs could work out which are the majority of bter's wallets. The big exchanges like btc38 and poloniex would likely give ardor to nxt holders, but we'll have to wait for confirmation.

1 week -0.000001950

One week has passed seems you are 50% off so far.

NXT has announced their new project Ardor will be NXT 2.0. They decided not to do an ICO, you have to hold NXT to get credit for the new project. What do you think the NXT price will be in the next week, month, 3 months?

1 week -0.000001950
1 month - 0.000002900
3 months - 0.00005800

It's already up 30% on Polo.

https://bitcointalk.org/index.php?topic=1518497.0

One week has passed seems you are 50% off so far.

Sold some but did keep a large investment in NXT.  ;)

Glad to see they are on the rise again.

How many of you are gonna freeze your NXT to lock in Ardor? 

NXT has announced their new project Ardor will be NXT 2.0. They decided not to do an ICO, you have to hold NXT to get credit for the new project. What do you think the NXT price will be in the next week, month, 3 months?

1 week -0.000001950
1 month - 0.000002900
3 months - 0.00005800

It's already up 30% on Polo.

https://bitcointalk.org/index.php?topic=1518497.0


Oop, added an extra 0 on the 1 week and 1 month. :)

I'm only buying for Ardor, I'm not interested in trading. I wish I was wrong, I was hoping to buy in at that lower price.

I haven't watched the NXT price, has it gone up a lot? 

I'd like to hear more of your predictions. I'm somewhat confident I low balled my month prediction since it already broke it. :)

Who can knows what will really happen? I usually look at facts. My prediction is that if speculation currently rules crypto, sky's the limit  :)... There is much more money in alts now than 2 years ago. So Nxt could really skyrocket imho!

NXT has announced their new project Ardor will be NXT 2.0. They decided not to do an ICO, you have to hold NXT to get credit for the new project. What do you think the NXT price will be in the next week, month, 3 months?

1 week -0.000001950
1 month - 0.000002900
3 months - 0.00005800

I didn't took a month to come to 2900 sat, but 1 week. ;D

No one is forced to keep the coin

That's exactly it. The snapshots are frequent, it doesn't stop anyone for trading during that time. I will hold a majority in my wallet and using the rest to day trade for awhile. I also think I remember reading that NXT will contact exchanges to encourage them to honor snapshots.

Who can knows what will really happen? I usually look at facts. My prediction is that if speculation currently rules crypto, sky's the limit  :)... There is much more money in alts now than 2 years ago. So Nxt could really skyrocket imho!

nxt has been a scam since it started, this is just another way to pump and dump it. You and I both know this.

Scam this, scam that. I forget everything is a scam here, NXT will never please that type of person.  I didn't like the fact the original ICO deadline was modified with the original NXT launch, I can nit pick any of my investments. NXT 2 addresses one of my number one issues with distribution.  If you choose not to get in before snapshots take place weeks from now, I don't know what else to say. I like the idea and support it.  I rather see more approaches like this than the amount of ICOs that are bombarding BTT.

There is an investor's q&a with TaiZen and Damelon on saturday 16:00 CEST:
http://www.youtube.com/watch?v=WfNSWu7_AqU&sns=em (http://www.youtube.com/watch?v=WfNSWu7_AqU&sns=em)

Join Tai Zen & Leon Fu Dot Com (The Oracles Of Cryptocurrency) for an investor Q&A about the upcoming release of NXT 2.0 & Ardor:

Special Guests Will Include:
1) Shaka Daniel - Bitcoin Miner/Investor & Crypto vlogger from the YouTube Channel, "Chase That Coin"
2) Bas Wisselink "Damelon" - NXT Foundation Co-Founder
3)

Date & Time: Saturday, July 2, 2016 at 10am EST, 2pm GMT.

Reminder: it's today, about 2 hours left!

I believe NXT has all it need to surpass its ATH. In any case, there is a great future ahead for NXT 2.0.

Price will be shared between NXT1.0 and NXT2.0 while you still have both on market.

...

But all NXT1.0 owners will get NXT2.0 for nothing but keeping NXT1.0 coins in their wallets until October. They will get both coins without having to pay for NXT2.0.

Even if the price is shared between the two coins nobody loses because they only have to pay for NXT1.0. The new technology in NXT2.0 will give it a higher price than NXT1.0 ever had.

I'm holding a decent amount of NXT tokens.  What do I need to do to participate in this "snapshot"?  Where do I find information on converting these to Ardor tokens?

Also, based on the "sell the news" philosophy which seems to be the case almost 100% of the time, would it not be better to sell the NXT tokens on the exchange before the Ardor release, then just buy Ardor after the dump?

Also, based on the "sell the news" philosophy which seems to be the case almost 100% of the time, would it not be better to sell the NXT tokens on the exchange before the Ardor release, then just buy Ardor after the dump?

Don't forget that in 2017 there will be also the FNX distribution, that is a single snapshot where your NXT holdings will give you the right to claim FNX tokens in a 1:0:5 ratio.

It's true that it can be expected that we will see two local highs in the NXT price in the following year: one near the end (but not directly at the end, I expect it about a week early) of the ARDR snapshot phase, and the other one just before the FNX distribution. You can try to ride that waves. But it may be well the case if the testnet deployment of NXT 2.0 goes well, that there will be a high demand for FNX tokens as it will be the main currency for the asset exchange and regular transactions, and that so NXT may have a even higher price in 2017 than in the 2016 snapshot top.

NXT 2.0 is a bold statement in the cryptocurrency world because of its design that favours scalability (along with IOTA) and makes it work as a platform for a really useful "monetary system" (childchains). If it is successful, it may be a major breakthrough for blockchain technology.

10 days countdown till snapshots begin.

Absolutely nothing, hold them, they will be automatically converted. It's preferred that you store your tokens in your account, not at an exchange. Exchange is a risk, while the Nxt platform will convert tokens, the exchange still needs to give them to you. Some exchanges default on their obligations, Mt.Gox, Cryptsy.


What date is the Ardor dump? :)

What "account" are you referring to where I should store them?

Your NXT account or wallet, the simplest way to create one is to go to the 'web' wallet link in my signature.

Keep them in your NXT account or wallet for three months to get one Ardor for one NXT. If you move them before that you get less NXT. For example, if you move them out of your wallet in one and a half months you get half an Ardor for one NXT. Put all your coins in your wallet and don't move them for three months and you get the maximum Ardor you can get for them.

9 days to snapshots.

There will be masses of last minute buyers in 9 days when the snapshots start.

NXT has had a huge long dip for many months.
If smart ones are waiting for a dip, they should think about who will be the sellers? The sellers have already dropped their coins in those months and months of depressed prices.

How do you lock the NXT 1.9.2 client?  I want to make sure I wrote down my passphrase correctly before I fund it.  I can't find a way to lock it to prompt the passphrase entry....Thanks!

How do you lock the NXT 1.9.2 client?  I want to make sure I wrote down my passphrase correctly before I fund it.  I can't find a way to lock it to prompt the passphrase entry....Thanks!

Thanks you for your help, but that is precisely what Im doing.  Im logging out by clocking that button.  It takes me back to the home screen, but it never prompts me for a passphrase to log back in.  It just says "select account to log in with" and once I click the account, it logs in automatically...no passphrase needed.

Thanks you for your help, but that is precisely what Im doing.  Im logging out by clocking that button.  It takes me back to the home screen, but it never prompts me for a passphrase to log back in.  It just says "select account to log in with" and once I click the account, it logs in automatically...no passphrase needed.

6 days.

Can I keep my nxt in poloniex account and still receive ardor?

Major exchanges Poloniex, BTC38, and Bittrex have also agreed to participate snapshot and distribution process being the Ardor creation, allowing users who don’t have an NXT wallet to still benefit from this campaign

6 days.

Is there any reason why I would NOT want to forge?

Today The Linux Foundation also welcomes the NXT Foundation and INUIT Foundation - University of Rome Tor Vergata as Affiliate Members.

Laziness :)

The Linux Foundation has made the NXT Foundation an Affiliate Member.

http://www.linuxfoundation.org/news-media/announcements/2016/07/linux-foundation-welcomes-open-source-experts-security-cloud-and


As a product of the NXT Foundation Ardor will benefit immensely from the Linux Foundation affiliate membership. After the distribution Ardor will be a heavyweight coin in the top ten.

I'm going all in on nxt to get the most Ardor from the distribution as I can.

Marenkar has just finished the first version of our newest site https://www.ardorplatform.org/!

The site is at this moment meant as an easy way into Nxt and thus into Ardor.


It has counters, and points to the exchanges where people can buy Nxt as well as a link to Bitpanda, where you can send people who want to buy Nxt with fiat.

The site will be expanded over time, and ideas are always welcome.

Share it! https://twitter.com/NxtCommunity/status/751726444254986240

what are the pros/cons of Ardor vs Ethereum?

Nxt and Ardor very specifically did not go for scriptable Smart Contracts. There are several reasons for not doing so:

1. You have no way of controlling the quality of the code. This can lead to unfortunate results and create huge problems.
2. A large portion of the market has need for out of the box solutions, not custom ones. Nxt and Ardor offer hardcoded and modular Smart contracts (or smart transactions) which are tested and secure. For most SME's these cover a lot of use cases and are more cost effective.
3. Lisk is still in development: Nxt already works, and has been operational for 2,5 years. Ardor will use the same tech. If a company wants to use software that's tested and tried, it should go to Nxt or Ardor (depending on the use case).
4. Waves is also still in development. Same argument as before. The idea might be sound, there is no way to predict now whether it will pull off its promise.

The child chain architecture is unique to Ardor. Lisk and Waves do not have it, neither does Ethereum. Bloat is a problem that all of them have and Ardor is the system that is concentrating on it.

Nobody can say Ardor's distribution isn't fair, anyone can get a stake after buying Nxt before the snapshots end.

Even if you join a coupel days later in the snapshot, you still will get most of those ardor coins because it takes the average amount until october.

Probably best to buy some in a few days/weeks when price corrects.

Regardless, glad I bought mine when the price was still in the low 1xxx :)

Nxt already delivered. All this aquired knowledge will be applied in Ardor.

1 day to the historic event. We choose how we will live this day, courageously is what I hope to live it.

I am wondering what will happen after all the Ardor tokens are distributed. I'm sure a lot of "investors" bought NXT only to acquire free Ardor. But I am speculating that when the distribution is over people will dump both NXT and Ardor making a double whammy profit. Unless there is an agreement among the big buyers to hold after distribution.

I don't think NXT will be worth much after the snapshots. Crypti got pumped during the Lisk IPO but now its been dumped down to the bottom of the top 100 whereas Lisk is still in the top 10. The same will probably happen to NXT and Ardor.

Stupid bullshit

so its basically a reboot of nxt with proper marketing funds.

I don't think NXT will be worth much after the snapshots. Crypti got pumped during the Lisk IPO but now its been dumped down to the bottom of the top 100 whereas Lisk is still in the top 10. The same will probably happen to NXT and Ardor.

That's the main idea and the rational outcome. But markets do not behave rationally because many traders do not trade rationally. Also there are whales who invested in NXT to collect Ardor and plan to sell both and gain a nice profit. That is what happens usually in trading and there is a big chance that it will happen. So it could go either way. Our hope is yes it must go up some more after Ardor release but also be careful and be also ready to take profits.

True, Many peoples bought Nxt to low prices, so they will receive theirs Ardor tokens and they will want sell both after that.

It is now showing that there is someone in the NXT community who is unloading despite the ongoing snapshots for Ardor. I speculate there is something wrong going on internally with them. I wish we could get some news if there is.

What are the news for this project?

What are the news for this project?

You all have been waiting for this moment:
Ardor testnet is live!

Go play with it :)

https://nxtforum.org/nrs-releases/ardor-v2-0-0e/

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Release 2.0.0e

https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-client-2.0.0e.zip

sha256:

b814ec631d37e2afc1319a458525d1cfd61c583f61f1d77d8312bc7249131711  ardor-client-2.0.0e.zip

https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-client-2.0.0e.sh

sha256:

32ed1df94300275cf8aac9966a3f26bc6cf607c646fda54f7966953cab9aa882  ardor-client-2.0.0e.sh

https://bitbucket.org/JeanLucPicard/ardor/downloads/ardor-client-2.0.0e.exe



This is an experimental release for testing only. Source code is not provided.


Change log:

This is the first release of the Ardor software, for testnet only. It represents
the first milestone in the building of the Ardor platform.


== New Features ==

The main new user-visible feature is the existence of a single forging chain,
using the ARDR token, and multiple child chains, each with its own token.


== Forging Chain ==

The Ardor chain is used to establish the proof-of-stake consensus, using ARDR
balances only. It supports only a few transaction types: ordinary payments,
balance leasing, and coin exchange. Prunable plain or encrypted message
attachments are also supported, but not permanent or standalone arbitrary
message transactions.


== Child Chains ==

The child chains support all transaction types as previously implemented on the
Nxt platform, with the exception of balance leasing which is only available on
the Ardor chain, and tagged data extend transaction which has been removed as
unnecessary. A child chain can optionally be configured to disable certain
transaction types, which has been done for testing purposes on the EUR child
chain, disabling the Asset Exchange and Digital Marketplace.


== Coin Exchange ==

To allow trading of child chain coins to each other, and also between child
chains and the Ardor chain, a new Coin Exchange module has been implemented.

For trading between child chain coins, the coin exchange transactions are
submitted on the child chain of the coin being sold. For trading between a child
chain coin and Ardor, the transaction is submitted on the Ardor chain regardless
of whether it is a buy or sell, and the fees for such transactions are higher.


== Bundling ==

The bundling process is used to group child chain transactions from a child
chain into a transaction on the Ardor chain. Bundlers accept the fees from
those child chain transactions, in the corresponding child chain coin, and
pay fees in ARDR to the parent chain forgers. Bundlers can be started from
the cogwheel/bundlers menu, defining the coin to ARDR exchange rate they accept,
a limit on the total fees in ARDR a bundler will pay, and an optional overpay
amount.

When a bundler is running, it checks the unconfirmed transactions pool every
time a new transaction from the child chain being bundled arrives. If the
transaction fee included by the transaction sender, in child chain coins, when
converted to Ardor using the exchange rate accepted by the bundler is at least
equal to the minimum Ardor fee required for this transaction, the bundler will
generate a ChildBlock transaction, including in it this and all other currently
unconfirmed child chain transactions satisfying this requirement. The Ardor fee
the bundler will include for the ChildBlock transaction is equal to the sum of
the minimum required Ardor fees for each, plus the calculated overpay amount, if
any. Such overpay amount is optional, and may be used by bundlers willing to pay
more in order to have their transactions included in block instead of those of
competing bundlers.
The new ChildBlock transaction will displace from the unconfirmed pool any
ChildBlock transactions of the same child chain that include only a subset of
the same child transactions.
When propagating through the network, ChildBlock transactions will only be
accepted by peers if they either include child transactions not already included
in other ChildBlock transactions the peer already has in its pool, or offer to
pay a higher fee for the same transactions. This ensures the network is not
flooded with ChildBlock transactions even if every node is running a bundler,
and allows bundlers to compete for propagating their transactions through the
network by offering to pay higher fees.

It is now possible for child transactions to be submitted with zero fees, in
child chain coins. If a bundler is willing to pay the Ardor fees for those,
they will be included in the blockchain in the ChildBlock created by such
bundler.

To prevent the unconfirmed pool from being overfilled with such zero-fees child
chain transactions, once the maxUnconfirmedTransactions limit (configured in
nxt.properties, default 2000) has been exceeded, child chain transactions will
be dropped unless a bundler has already submitted a ChildBlock transaction which
includes them.

Bundlers advertise their accepted bundling rates to other peers, signing such
rates announcements with the private key of the bundler's account. To prevent
fake rates announcements, they can be filtered based on this account effective
balance (default set in nxt.minBundlerBalanceFXT is 1000 ARDR).
The GetBundlerRates API can be used to retrieve known bundlers rates, again
with optional filtering by minimum bundler effective balance.


== Peer Networking ==

The peer networking has been fully re-written and optimized to use socket
connections and binary messages instead of http and JSON.

Block and transaction propagation through the network has been optimized, by
sharing with peers the inventory of transaction IDs in the unconfirmed pool or
in recent blocks, and only propagating the missing ones, if any, when a new
block is generated, or a child block is bundled.

The hallmark feature has been removed as it is not needed anymore, hallmarks are
no longer supported.


== New APIs ==

APIs of the new Coin Exchange feature:
ExchangeCoins, CancelCoinExchange, GetCoinExchangeOrder, GetCoinExchangeOrders,
GetCoinExchangeOrderIds, GetCoinExchangeTrade, GetCoinExchangeTrades,
GetExpectedCoinExchangeOrderCancellations, GetExpectedCoinExchangeOrders,
GetLastCoinExchangeTrade.

Bundling related APIs:
BundleTransactions, GetBundlers, GetBundlerRates, StartBundler, StopBundler.

Other new APIs:
GetBalances, GetEffectiveBalance, GetFxtTransaction.


== API changes ==

All APIs that are now chain specific accept a new chain parameter. Either the
chain name or the chain ID can be used.

Transaction IDs are no longer 64-bit longs but 256-bit hashes, necessitating
changes in all APIs that accept transaction ID parameters or return such in the
JSON fields. For transactions on the Ardor chain, 64-bit long IDs can still be
used with the getFxtTransaction API, as those are enforced to be unique. For
child chain transactions, the getTransaction API now requires a fullHash
parameter, in addition to specifying the chain.

Prices and rates are now defined relative to a whole unit of the holding being
bought or sold (asset, currency, coin), not to a QNT indivisible unit.

All priceNQT and rateNQT parameters and JSON fields have been renamed where
appropriate to priceNQTPerCoin, priceNQTPerShare, rateNQTPerUnit, etc., to
reflect their changed meaning of price per whole unit of each holding rather
than per QNT.

All "units" parameters in the Monetary System APIs have been renamed to
unitsQNT.

DividendPayment API accepts holding and holdingType parameters to allow paying
dividends in another asset or MS currency. The amountNQTPerQNT parameter has
been renamed to amountNQTPerShare and now refers to dividend amount in NQT per
a whole share of the asset rather than per QNT.

The GetAccount API no longer returns balanceNQT and unconfirmedBalanceNQT, as
balances are now chain specific. The GetBalance API should be used to get chain
balances instead, or GetBalances for querying multiple chains.

APIs which accept holding and holdingType parameters now require holding to be
set to the chain ID when holdingType=0 (coin).

Since 0 is now a valid fee value for child chains, all CreateTransaction APIs
will accept it, instead of using it as a request for the server to calculate
and use the minimum fee. To let the server calculate the child transaction fee,
a value of feeNQT=-1 should be used, and a new feeRateNQTPerFXT parameter must
be supplied, to indicate the exchange rate to use when calculating the fee
(since minimum fees can only be calculated in ARDR). If feeRateNQTPerFXT is
also set to -1, the server will query the currently known bundlers rates for
this child chain, also subject to the minBundlerBalanceFXT limit on effective
bundler account balance, and use the best one for the fee calculation. As
bundlers rates cannot be trusted blindly, the transaction will not be
broadcasted in this case, the returned transaction JSON including the fees
calculated should be reviewed by the user. The bundler rate used will be
returned in the bundlerRateNQTPerFXT JSON field, -1 if no bundlers are known for
the chain.

The following APIs have been removed: ExtendTaggedData, GetPhasingPolls,
GetTaggedDataExtendTransactions, GetInboundPeers, MarkHost, DecodeHallmark.


== Transaction types and bytes format ==

The numbering of some transaction types has changed, due to the internal
reorganizations of the TransactionType classes. Transaction types on the Ardor
chain use negative numbers, e.g. -1 for ChildChainBlock, -2 for Ardor ordinary
payment. Some transaction subtypes have been moved to a separate type, e.g.
voting and phasing related transactions have been moved out of Messaging to a
new Voting transaction type. The output of getConstants should be consulted for
a full list of the current transaction types and subtypes.

The transaction bytes format has also changed, adding a chain ID, reorganizing
the ordering of attachment and appendix bytes, and allowing prunable attachment
parts to also optionally be represented in the bytes format, for the purpose of
sending them more efficiently over the peer to peer network.

The JSON transaction representation is still supported, even though it is no
longer used in the peer networking. Some attachment fields have been renamed
for consistency with the API changes - units to unitsQNT, priceNQT to
priceNQTPerShare, rateNQT to rateNQTPerUnit, amountNQT for dividend payments to
amountNQTPerShare, etc.


== Entity IDs ==

As part of designing child chain transactions to be prunable, it is no longer
possible to enforce uniqueness of the 64-bit transaction IDs for child chains.
This affects the IDs of derived entities such as Assets, MS Currencies, Polls,
Digital Goods, Shufflings, etc.

For global derived entities such as Assets or Currencies, the 64-bit long IDs
are still unique and used in the corresponding APIs. Note however that this
uniqueness is now only within the same object type, i.e. it is not guaranteed
that an Asset and a Currency will not happen to have the same 64-bit long ID.

For child chain local entities, such as Polls and Digital Goods, the 64-bit IDs
are still unique, but within the same child chain only, and still used in their
APIs. Again, there is no uniqueness guarantee across different entity types
anymore.

For entities that are prunable, such as prunable messages, tagged data, and
shufflings, the full 256-bit hash must be used as an ID now, and the appropriate
APIs have been changed.


== Phasing and Account control ==

Only child chain transactions can be phased. Therefore, when account control
is set for an account, it can no longer submit Ardor chain transactions.
Phasing parameters which refer to transaction IDs must now use transaction
full hashes instead, prefixed with the chain ID separated with ':'.
It is possible to refer to transactions on other chains when approving a phased
transaction, or setting up a by-transaction phasing voting model.
The controlMaxFees parameter when setting mandatory approval now accepts
multiple values, each fee being prefixed with the child chain ID and ':', to
indicate which child chain the limit applies to. If no max fee has been set for
a child chain, there is no phasing transactions fees total limit on it for the
controlled account.


== Transaction selection, sorting, limits and fees ==

An Ardor chain block can contain up to 10 (ten) transactions, this including
both native Ardor transactions and ChildBlock transactions. There is no total
payload size limit.

A ChildBlock can contain up to 100 (one hundred) child transactions, subject
to a total payload limit of 128 kbytes. Prunable child transaction parts are
also counted towards the payload size limit.

There is a limit of one ChildBlock per Ardor block for each child chain.

As in Nxt, it is up to a block forger which transactions to include in a block
and how to sort them. The default forger behaviour is to select transactions
ordered by Ardor fee (not fee per byte as in Nxt, since there is no block
payload limit), and then sort them based on arrival timestamp.

It is also up to the ChildBlock bundler which child transactions to include in
a ChildBlock, and this selection can be customized by defining a custom filter
in the nxt.bundlingFilter property. The default bundler behaviour is to select
child transactions ordered by fee per byte, up to the count and payload limits
of a child block, creating several child blocks if necessary. Within a child
block, child transactions are sorted based on their full hash, but executed
based on sorting them after adding the block hash to the child transaction hash,
i.e. the execution order of child transactions within a block is deterministic
but not predictable and not controllable by the bundler or by the forger. This
is in order to prevent front-running of asset exchange and other trading orders.

Ardor fees from ChildBlock transactions paid to the block forger are shared with
the previous three block forgers in 1:1:1:1 ratio. Other Ardor chain fees are
fully kept by the block forger, and child block transaction fees (in child chain
coins) are fully kept by the ChildBlock bundler.

The back fees sharing which was applied in Nxt for some other transactions types
such as currency or asset issuance has been removed, however the limitations of
one such transaction per block for scarce blockchain resources are preserved.

Default fee for Ardor chain transactions is 10 ARDR. Default fee for child chain
transactions is 0.1 ARDR. A ChildBlock must contain at least one child chain
transaction, but there is no minimum ChildBlock fee requirement, i.e. such a
ChildBlock with a single transaction in it would require only 0.1 ARDR fee if
this is the minimum fee for the child transaction it contains.

Fees for child chain transaction types have been scaled depending on their
impact on the blockchain, e.g. asset issuance fees are still 1000 ARDR as assets
are global and kept permanently. There is a 1 ARDR extra fee added to
transactions that create a new account.

The above fees and limits are set for the current testnet only and are subject
to change before the production mainnet release.


== Testnet accounts ==

The testnet genesis block has been created based on account balances from the
Nxt testnet, as of 2017/01/01 (block height 1061208). Users who had testnet
accounts as of that height should find their ARDR and NXT testnet balances
imported into this testnet, to ARDR and IGNIS tokens respectively, plus an
approximately equivalent amount of BTC, USD, and EUR child chain coins for
testing. To allow for developers testing and running forging and bundling nodes,
account holdings have been reduced by 50% which have been allocated to
developers accounts.


== Upgrading from Nxt ==

The Ardor release is not an upgrade and does not in any way affect your existing
Nxt account or client installation. Both Ardor and Nxt should be possible to run
simultaneously on the same machine, as long as the hardware capacity allows it.

The included ArdorNxtComparison.pdf document summarizes the major differences
between the Nxt and Ardor platforms, for those deciding which one is a better
fit for their use case, or considering a migration from Nxt to Ardor. More
documentation should be added as Ardor development and features mature and
stabilize.


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I think after all project ardor finish , testnet and more
ardor price can incraese high price, incraese to 5 - 10k satoshi, but if incraese to over 100k is very dificult, because total suply ardor is very big

Correction is over, going up again?

What is the quickest way to download the NXT client on Mac? How long does the blockchain take to load up?

Hi lurker,

Thanks mate! If I download the lite client can I still send NXT and Ardor?

I've always thought that the Nxt project was a reqally good one and always tried to support it. I still hold a lot of Nxt tokens and just hope you are right. If it ever goes to 5000 satoshis I'm selling them :)

Sold some but did keep a large investment in NXT.  ;)

Glad to see they are on the rise again.

IMHO this Ardor system will be a great achievement. Think about what smart contracts can do but without the risk (Ethereum/DAO hack). This thing can get huge if they do the right marketing!

Best to ask here.

https://bitcointalk.org/index.php?topic=1518497.0

bump on the calculations

Lol

And you still have no code to show after all these years of talking. And now Martin Armstrong turned out to be fallible with his Bremain and rate hike and gold down to $800 predictions. Poor soul you.

the NXT could see it use cases being use in real life, if the community vote for it on the next Project built on Ardor
http://bitcointalk.org/index.php?topic=2661040.0


hi Marc, im into NXT since im seeing your youtube

would you be interested to take a look at=

the only project available today, which is purely community governance, backed by real asset, and real company, and real projects?
http://bitcointalk.org/index.php?topic=2661040.0

if comparing to all the other projects in which they are all great projects but they all are VIRTUAL
Virtual = not exist in living world, no-one using it..

http://i64.tinypic.com/2hyykih.png (https://www.youtube.com/watch?v=julru4ZPjpc)

please support our project, we use the use cases of all NXT ARDOR ability to the fully working company
http://bitcointalk.org/index.php?topic=2661040.0



hi travels asia, FRAS COIN is giving a lot of benefits, such as free vacation, free stays, and etc

it is the only Coin that can be use on living world for real world usage

maybe you want to be the 1st reviewer when the project is already fully working?
and help improving our company together?


please help us calculate on the chance REAL COMPANY GROWTH, not virtual
http://i65.tinypic.com/rc52rt.png (https://www.youtube.com/watch?v=HBWCtpwPdf4)


currently FRAS COIN is build on top of ARDOR, and become the child-chain, similar to bitswift and ignis