Bitcoin Forum

NXT/Ardor Platform to Make Blockchain Cheaper and Safer:

https://cointelegraph.com/news/nxtardor-platform-to-make-blockchain-cheaper-and-safer

Did you get your piece of Ardor yet?
www.ardorplatform.org

And what you think of Ardor smart transactions in the context of the Dao/eth fiasco?

your drowning in a sea of ETC posts m8

Actually, I have found this a very interesting concept. Given the fact that smart contracts has caused too much trouble in the world of Ethereum, I would say that this could probably be the next big thing. Maybe once it is released, it will increase interest into NXT and its prices will soar so just in case I would be good to buy a few NXT before this happens. It may turn out to become a very good investment in the long term.  :)

how is this better than ethereum that can do everything?

Ardor is scalable and solve blockchain bloat. You are also guaranty that all smart transactions are well peer-review by the devs and tested by the community on the testnet first before going online on the mainnet.

This is obviously can't the case on a platform (such as eth/etc) where anyone can execute any contract (where some are bad, as the dao). Imo, platform such as Nxt/ardor are more secure. The Nxt devs reject turing completeness to avoid bad contract such as the dao.
 

It is good to put the word out there for Ardor. If we use the NXT price and volume as barometer we can see that the interest in Ardor is not enough. Most of the interest came only from the base supporters of NXT and maybe some traders buying and selling for profit in bitcoins played a role in the increase of the price. But there is nothing else.

A poster here called barrabas has a theory that made me think that this is just the NXT whales way to double their holdings. They are already holding most of the coins and all they have to do is wait for the snap shots until the release of all the Ardors. But I do not believe him without proof.

there are not many whales left! we had a very long downtrend with a lot of selling pressure! the biggest NXT accounts are wallets of poloniex and chinese exchanges.

http://www.nxtcs.com/main/nxt_accounts_identified
10% of all NXT are sitting in exchange wallets and are definitely traded

There has been many articles mentioning Ardor.
Here is a few that you can find:

Forbes: "DIY Blockchain? NXT Announces Customizable Ardor Platform"
http://www.forbes.com/sites/rogeraitken/2016/06/21/nxt-crypto-blockchain-team-prepares-ardor-scalable-child-chain-platform/#793b66ac349b

Cointelegraph: "Ardor - New Competitor to Ethereum Arises Amidst Reports of The DAO Attack"
http://cointelegraph.com/news/ardor-new-competitor-to-ethereum-arises-amidst-reports-of-the-dao-attack

Poloniex, BTC38, and Bittrex agree to distribute Ardor tokens to customers
http://www.econotimes.com/Poloniex-BTC38-and-Bittrex-agree-to-distribute-Ardor-tokens-to-customers-232665

I think there is more, but these are the one I found rapidly.

There is also the announcement on this forum:
https://bitcointalk.org/index.php?topic=1518497.msg15282835#msg15282835

It is not to late to get a stake in Ardor (mother chain token), you just need to hold NXT until 12 october (first snapshot is continuous between 14 july to 14 october, it is the average holding that count).Then your holding of NXT counts for a second instantaneous snapshot (for distributing the first childchain tokens) at the release of the Ardor platform.

Yet another NXT token?

No thanks, I don't need platform-as-a-platform bamboozling services.

Do not want.

Are people using Pangea Poker yet?  That seemed like a better idea.

its like DAO? hmm i do not want if its like DAO. but if NXT make it another different or upgrade it into another version, i think its a good option to get started while market is still confusing of bitcoin halving yesterday.

Not like DAO.

Thanks for sharing these articles. They really explain a lot about Ardor and its features. In my opinion, it looks like a whole new concept and it might me even something better than The DAO. Still, there is one thing that I don't get though. Does that mean that NXT will be called Ardor instead when trading at exchanges? Even though my NXT will be swapped to the new tokens, I'm curious to know if the NXT name will be preserved.

But if the token/currency itself will be named Ardor, then I think that it might bring the attention of new investors to pump the price of it to the moon .(as it will have a new name + logo which they will think it is a new crypto currency) Just my opinion.  ::)

^^^
Your NXT won't be swap. If you hold NXT up to the release of ardor platform, you will automatically get the main chain token (ardor token), also you will get the first child chain token (name yet to be defined) and you can keep your NXT because they will still exist. Nxt 1.0 platform is planned to be supported by the devs for a while (next 2 years at the least).

In the end, 1 NXT = ardor + child token + NXT 1.0

So there should be 3 type of tokens trade in exchanges in the end.

Thanks for letting me know about this mate! At first, I thought that my NXT were going to be swapped towards the new token but I guess that it will be totally different than I expected. I think that this way it will be better since I get to keep my NXT + get a bonus of ardor and the child token. It will be a win-win situation in my opinion. Can't wait for Ardor platform to become a reality. In the meantime, I'll just buy more NXT while they're cheap. I have the feeling that these prices won't last for long!  :D

But also be careful of the dump after the distribution of Ardor. Thoughts like your last sentence have made newbies lose their money so you be careful also. I am saying this because other newbies like you might believe that the price will only go up and they might make a mistake of buying at the peak.

I think it's safe to invest in NXT/Ardor until the beginning of September. That's the date where you will get about half of the amount you invested in NXT in ARDR (e.g. if you bought 10000 NXT you get 5000 ARDR). It's even probable that until then we will see new highs, as NXT has maintained the "hype price level" from near the beginning of the snapshot period very well and after a little price drop ("sell the news") is getting bullish again.

I expect a little crash near the end of the snapshot period, around October 10-14. But then the price will recover, as people will begin to speculate on the FNX snapshot. And Ardor can be really a game changer regarding blockchain scalability.

i am buying nxt after i read on the link you share. but i hope this will not be like ETH and ETC or DAO, because this will make market confusing and i see the rate of nxt is up but still its really slow but sure. i think its a good movement from nxt although i do not understand as much as people on here. so keep continue and make a new step. good luck

In Ethereum there are smart contracts, anyone can execute code of various levels of reliability and (in)security.

In Nxt1.0 and Nxt2.0 (Ardor) you have smart transactions.
Smart transactions of Nxt go through rigorous testing before they are released to production. Secure smart transactions are building blocks for blockchain applications. In the end, Nxt smart transactions cover almost all the use cases that you can program with Ethereum, the difference is you can be sure the platform is safe for mission critical apps and basic use of saving hard earned cash.
The other difference, Ethereum has loads of money for marketing themselves, so everyone and their mother went to chase it.

Start instantly using the wallet, do not wait for the blockchain to fully download, in the new release!
https://nxtforum.org/nrs-releases/nrs-v1-10-0e/

Believe me, I'm not a newbie. It is known that there will be a dump (as it happens most of the time on new and hyped cryptos) after the distribution of Ardor. That is why I will be extra careful and try to invest wisely. As soon as I see an increase in price, I will sell my NXT + Ardor tokens to secure my profits. Even still, I've got a lot to learn about trading cryptocurrencies. I guess that I'm only good at the technical aspects of cryptocurrencies, instead of trading them wisely.  :(

I see that it is not only me who is thinking about this. So I speculate that the people are planning the same thing. Once the snapshots are over I foresee a dump in NXT. But with Ardor we will still have to see. This will depend on the Ardor holders from the NXT community if they continue to hold or decide to dump.

Next has a decent step long time now, but it's price is been stuck for a while now, and by while I mean years , good for community bad for profit tho

Traders will take advantage of the rise cause by the ones who want to get Ardor which is mostly from the NXT community. Using the NXT price as barometer we can see that not much outside traders got in yet. This will change when the release of Ardor gets closer.

Is NXT pronounced 'next'? Or do you sound out the individual letters 'N-X-T'?

Nxt =next, NXT = N X T

I also use NXT as Next.

Exactly. The more closer the release of Ardor is, I think that the more the price will rise but all will fall eventually as the hype passes by. Maybe that's the reason NXT is worth nearly $0.03 today (when it used to be worth $0.01 USD and sometimes even less) and I can't imagine how far will it go during the next days.

As for ETH and ETC, it seems that ETH's price is declining while ETC continues to rise. It can probably mean that ETC will take the lead and become the second largest crypto currency on the market.  ;D

Yes. If you know how to play the market you can trade NXT profitably while the Ardor snap shots are still happening. That is what is happening right now that is why the NXT chart is very choppy.

In ETH and ETC I speculate that it is the ETH traders themselves that are buying ETC. They want a safety net.

I thought about this too. In fact, ETH's price has fallen down drastically yesterday whereas ETC's been rising. However, this has changed today as ETH recovers and ETC goes down in price. Only time will tell what will happen to these two iterations of Ethereum. I think that only one of them will survive in the long run. Let's wait and see.  :)

Check out the presentation from last week from Lior Yaffe (username Riker).
He's one of the core developers of Nxt/Ardor and he talks about the future.

https://i.imgur.com/vydLKuW.png (https://youtu.be/soHe4UMyCCk)

https://youtu.be/soHe4UMyCCk

Slides: https://bitcoil.co.il/files/Advanced.Concepts.in.Blockchain.Design.pptx and http://prezi.com/x8jyard5-h51/

Filmed during Israel Bitcoin Meetup in Tel Aviv on 27 July 2016

Would be great to have more of your thoughts on Ardor?
It is not to late to get your stake in the platform.

yeah, it is not to late to buy more NXT.
But soon it is time to sell NXT. I don't expect that the price will rise. just because if you are holding your next since the beginning of the snapchat you already have a nice amount of Ador.

The snapshots aren't even half way over yet. We are what? 30%?

Yes, about that.

Hi

I own few NXT

Like for a week on poloniext, I don't understand something if I sell them for example in september I will still receive some Ardor because I had some NXT during the snapshot? Or do I need to hold until the end?

What is the thinking behind that opinion? I completely disagree. You see there's no advantage to buy NXT in order to get Ardor since you get the AVERAGE of the snapshot period, NOT the amount you have on the final day or days, so actually you will find yourself buying in October and collecting less than 10-15% of what you hold through the snapshot period.  The ONLY interest in buying NXT from here on, will be the speculation of the price that would be assigned to the first "child chain", since at least 50% (don't expect more, you'd be disappointed), will be given, as well as the ARDOR to the holders of NXT NOT at the end of the snapshot period, but for their AVERAGE during the entire snapshot period. I hope you get a clear hold of how this is going to work because otherwise you will be severely disappointed.

I don't know how many people is going to dump NXT before October 12. I fully expect at least 50 million NXT to be dumped between now and then, but the figure could be lower since there's still plenty of time to buy and get a nice amount of ARDOR, so many people -less and less every day though, to be expected- is still buying/accumulating... unfortunately, I agree with the opinion that most from inside the NXT community. Outside the community, not many are buying into the merits of this scheme which was obviously very smartly planned to be able to get a lot of money selling a lot of NXT and that worked wonders by tripling or quadrupling the price overnight.

I have posted my opinion that the price could continue going up and I fully expect it to go close to the double digit, but that's just pure (more or less educated) speculation. I am quite impressed by the resources of the NXT community that are an economy system on it own and therefore capable of making a very big success of Ardor while Next 1.0 becomes obsolete, support or no support. I believe also the value of the first "child chain" will be very low and that, eventually, Ardor will get to the mid 2Ks and both Next 1.0 and whatever participation is distributed of the first "child chain", will both be quite insignificant. I also believe a significant dumping will happen between mid September and October 12th... or starting even earlier than that. Just my opinion. What do I know, right?

^^ That a rather pessimism point of view!

Anything more positive? Consolidation seems to be done and I hope for another price rally!

But seriously, are there more people around that took a look at fundamentals of Ardor?

Ethereum can do anything, because it's Turing complete. But that's what basically makes it less secure. Especially for a companies who don't really have the funding to create and thoroughly test their code. From what I've been reading Ardor is giving the users all the important functions, while also eliminating bloat. People can also create their own private blockchain if I'm not mistaken, and the security is handled by the NXT blockchain.

You pretty much nailed it.

after i am played for a while with nxt, i am make a pingpong to buy and sell nxt and its really make a profit, although it was small profit but when i am doing this, i realize that nxt can give more profit in the future. and i wish ardor can give me profit too.

I heard a developer say that in the beginning it was pronounced Next, but now it's just N X T.