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Author Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake  (Read 367219 times)
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farl4web
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June 27, 2016, 05:33:23 PM
 #141

As a Nxt investor who has been with Nxt since November 2013 and who has seen all the up and downs of Nxt, I really appreciate the new plans. Although, I do not really understand Ardor fully yet, I definetely will keep my Nxt stake and hope the best for Nxt 2.0. Will watch all the upcoming developments.

Cool man. HODL!  Grin

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June 27, 2016, 06:13:12 PM
 #142

- So how is Ardor different from Ethereum Smart Contracts?
- Wouldn't this make NXT and easy pump as all the speculators would want nxt to hop onto the new Ardor platform when it comes out?

Is ardor the only blockchain that can spawn other blockchains within itself? How is that different from every other blockchain that uses a color coin technology?

- Nxt (and Ardor) have decided very specifically not to go the "Smart Contract" route in 2014.
The main reason that was given was that Smart Contracts are open to all kinds of problems, from malicious code to badly written contracts.
I think the last weeks proved that these worries were justified.

Wat Nxt and Ardor do is implement a collection of "Smart Transactions" that are hardcoded into the system and are executed on the system Nodes.
These transactions have been tested and for a lot of use cases are more than enough, especially because they are modular and can be combined into more complex use cases.

So there is much flexibility in what can be done, but it's not completely open like Ethereum.

As far as we know, Ardor is the only blockchain that is able to do this.

You might have overlooked the fact that Burst has already done this i.e. Smarts Contracts via Automated Transactions https://ciyam.org/at/

Just because Ethereum or the DAO has a problem executing them doesn't mean its not viable and can't be done. Burst has proven that it can thus far.  

I didn't overlook it, as AT was exactly what I was referring to.
The core devs decided not to implement it and it was after integrated into Burst.

I am not bashing Smart Contracts, just explaining that Ardor and Nxt chose to go another route, with a reason.

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June 27, 2016, 08:36:41 PM
 #143

As a Nxt investor who has been with Nxt since November 2013 and who has seen all the up and downs of Nxt, I really appreciate the new plans. Although, I do not really understand Ardor fully yet, I definetely will keep my Nxt stake and hope the best for Nxt 2.0. Will watch all the upcoming developments.

This echoes my own sentiment. I've been holding NXT for years now, and I'm really looking forward to any new developments.
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June 27, 2016, 11:47:35 PM
 #144

Exciting to see NXT taking off again.  So much good tech and the way their moving NXT to Ardor is ingeniously seemless.

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June 28, 2016, 03:50:20 AM
 #145

There's a lot of misunderstanding about this project on Polo trollbox. I'm not encouraging spam but some supporters might want to spend some time on there correcting misinformation and politely directing them to updated resources. I was on there with CryptoPro earlier and helped start a great exchange.
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June 28, 2016, 06:02:43 AM
 #146

There's a lot of misunderstanding about this project on Polo trollbox. I'm not encouraging spam but some supporters might want to spend some time on there correcting misinformation and politely directing them to updated resources. I was on there with CryptoPro earlier and helped start a great exchange.

Good job, I don't have much time today, but when I can I chip in. More people should.

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June 28, 2016, 06:58:56 AM
 #147

Go talk shit about that shitcoin elsewhere

Why the hostility and fowl language?  Grin dude it ain't that serious really. In the end the proof will be in the pudding.   
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June 28, 2016, 12:26:18 PM
 #148

5 million Nxt set aside for stakers!

Put up a Node!


https://nxtforum.org/general-discussion/5-million-nxt-bounty-for-nxt-ardor-forgers/

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June 28, 2016, 01:37:33 PM
 #149



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June 28, 2016, 02:04:18 PM
 #150


Does pool forging qualify?

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June 28, 2016, 02:06:09 PM
 #151


I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.

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June 28, 2016, 05:43:17 PM
 #152


I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.

I'm sorry if this is painfully obvious. Was this a rich donor or some type of collection fund to offer this big bonus?
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June 28, 2016, 05:51:07 PM
 #153


I think so, he will just send transactions with high fees on it, so if you forge a block with one of his transaction on it, just enjoy.

I'm sorry if this is painfully obvious. Was this a rich donor or some type of collection fund to offer this big bonus?
A rich donor, at least he used to be rich before he gave away his NXT  Grin
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June 28, 2016, 06:50:19 PM
 #154


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 28, 2016, 11:49:32 PM
 #155

I don't understand all the technicalities about getting early into NXT 2.0.

But what i understand so far is that If I hold 10,000 NXT in my wallet (web or local) from 14th July to 14th Oct, I will get 10,000 Ardor when it is launched plus I also get to keep my NXT.

Sorry if it is a dumb question but someone in poloniex trollbox said it and i wasn't sure whether to believe it or not before I buy some NXT.
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June 29, 2016, 04:42:44 AM
 #156

I don't understand all the technicalities about getting early into NXT 2.0.

But what i understand so far is that If I hold 10,000 NXT in my wallet (web or local) from 14th July to 14th Oct, I will get 10,000 Ardor when it is launched plus I also get to keep my NXT.

Sorry if it is a dumb question but someone in poloniex trollbox said it and i wasn't sure whether to believe it or not before I buy some NXT.

you get 50%. so you will get 5000 Ardor used for staking i believe.
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June 29, 2016, 05:28:22 AM
 #157

So I'm new to nxt. How much Ardor do I get if I own 10k nxt tokens? Do we get to keep our nxt too? I'm confused.

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June 29, 2016, 07:03:44 AM
 #158

So I'm new to nxt. How much Ardor do I get if I own 10k nxt tokens? Do we get to keep our nxt too? I'm confused.
If you keep 10k NXT through the whole snapshotting period (july-oct), you get 10k ARDR tokens (=assets) ánd keep your NXT of course.
If you keep it all until the actual launch of the Ardor blockchain, your ARDR assets will be redeemed for 10k of actual Ardor blockchain tokens. Plus you get 5k of the first Ardor-childchain coins (no name yet, 'FNX'). And you still keep your 10k NXT.

That's how I understand it.

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June 29, 2016, 07:08:15 AM
 #159

I don't understand all the technicalities about getting early into NXT 2.0.

But what i understand so far is that If I hold 10,000 NXT in my wallet (web or local) from 14th July to 14th Oct, I will get 10,000 Ardor when it is launched plus I also get to keep my NXT.

Sorry if it is a dumb question but someone in poloniex trollbox said it and i wasn't sure whether to believe it or not before I buy some NXT.

you get 50%. so you will get 5000 Ardor used for staking i believe.

No, he will get 10,000 ARDOR, 5,000 NXT2 (if he holds it to the launch of NXT 2.0 platform in 2017) and will keep his 10,000 NXT1. See my signature, he will kill 3 birds with one stone.

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 29, 2016, 11:33:17 AM
 #160

So there will be like 2 coins (ardor & nxt 2.0) on 1 blockchain? Also I thought there will be the same supply of ardors as it was with nxt 1.0, but what about nxt 2.0 coins ?


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