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Author Topic: Need help with my NXT. What with the 2.0 stuff?  (Read 1183 times)
freshman777
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June 22, 2016, 01:34:57 PM
 #21

I have some NXT on Poloniex. Does that mean I have to transfer them to the client/Wallet to get NXT 2.0?

This is what the official announcement says.
https://nxtforum.org/index.php?topic=11475.msg219422#msg219422
Quote
For balances on exchange accounts, it will be up to each exchange to handle the re-distribution of the ARDR tokens that will get automatically sent to the exchange account at snapshot end.

To avoid issues it's easy to create an account in the web wallet and withdraw. Exchange is always a third party risk, search for Mt.Gox.

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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Damelon
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June 22, 2016, 04:42:13 PM
 #22

We are talking to exchanges about the Ardor release.
To be absolutely sure, always keep your coins (any coins really) in your own wallet.
We'll give you updates about this specific issue once we have talked this through with all the exchanges that carry Nxt Smiley

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June 22, 2016, 06:19:18 PM
 #23

I have some NXT on Poloniex. Does that mean I have to transfer them to the client/Wallet to get NXT 2.0?

Negotiations are in progress with exchanges

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June 22, 2016, 06:45:21 PM
 #24

Good topic.

I would like to ask how it is with assets. All my NXT is currently in form of NXT assets I own. What will happen with those when NXT 2.0 will launch?

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freshman777
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June 22, 2016, 08:32:32 PM
 #25

Good topic.

I would like to ask how it is with assets. All my NXT is currently in form of NXT assets I own. What will happen with those when NXT 2.0 will launch?

Quote
Existing Nxt 1.0 Assets or Asset Transaction History will NOT be ported directly to the FNX Child Chain.
Since the Nxt 1.0 blockchain will continue to exist, the Core Team believes it is better to leave the choice of when and how to move to Nxt 2.0 in the hands of the Asset Issuers themselves.
This is probably best done by burning existing Assets, requiring them to be sent to the issuer account in order to issue new Nxt 2.0 Assets in exchange. Or it could be done by each asset issuer declaring a height at which they will take a snapshot of 1.0 asset balances, and then re-distributing those on 2.0.
Assets will be universal on Nxt 2.0, which means that for any Asset, regardless on which Child Chain it was originally issued, any Child Chain that will allow its trade will be able to trade it.
http://nxt.org/roadmap/

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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June 24, 2016, 07:16:16 AM
 #26

I have some NXT on Poloniex. Does that mean I have to transfer them to the client/Wallet to get NXT 2.0?

That would be the safest way to do it. However, there are some negotiations ongoing.

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June 26, 2016, 01:24:59 AM
 #27


TravelsAsia
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June 26, 2016, 07:31:22 PM
 #28

I have some NXT on Poloniex. Does that mean I have to transfer them to the client/Wallet to get NXT 2.0?

That would be the safest way to do it. However, there are some negotiations ongoing.

Friendly exchange reminder. If you store your coins on an exchange, all you have is an IOU at that point. Some people like to gamble more than others.
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