| ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake

[Damelon]

The visual style of Ardor is taking shape!

Here is our new logo. The new website will be up soon!

[lordoliver]

The visual style of Ardor is taking shape!

Here is our new logo. The new website will be up soon!

ok, with this spaces its way better :-)

[Damelon]

ok, with this spaces its way better :-)

Perhaps he should do my picture as well

[Damelon]

We are making great headway in being recognised in the actual industries we are changing.

Asset Servicing Times is the go-to industry resource for free news, views and opinion on securities services and asset servicing.

We spoke to them a few months ago and they included Nxt in their Tech Handbook.

Turn to page 33 to read all about it: http://assetservicingtimes.com/astimes/AST_Tech_Handbook2016.pdf

What goes for Nxt, goes for Ardor, so good times!

[Damelon]

Tomorrow, I will be giving presentations at Amsterdam City Hall about Nxt and Ardor in front of an audience of Govtech professionals.

[farl4web]

Nice one! Good luck tomorrow! 

[wolffang]

Don't forget, Nxt/Ardor has a Slack channel! Join us via https://nxtchat.herokuapp.com/

[Kostolany, Jr.]

Hi, everything about Ardor sounds very interesting.

I just wanna make sure I understand how snapshotting works correctly:
Say I have 1000 NXT in my wallet at the beginning of snapshotting on July 14th and I will move them away October 11th = 1 day before snapshotting ends.
  Will I get (about) 989 Ardors or zero?

All those who hold an amount of NXT will also get a piece of Ardor. Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th, which will be freely tradeable up until the Ardor system launches.

[freshman777]

Hi, everything about Ardor sounds very interesting.

I just wanna make sure I understand how snapshotting works correctly:
Say I have 1000 NXT in my wallet at the beginning of snapshotting on July 14th and I will move them away October 11th = 1 day before snapshotting ends.
  Will I get (about) 989 Ardors or zero?

All those who hold an amount of NXT will also get a piece of Ardor. Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th, which will be freely tradeable up until the Ardor system launches.

989

[wolffang]

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

[bbc.reporter]

What is the reason why NXT decided to create a child chain? Isn't NXT enough already or is there a technical reason why? Could this be a sort of "reboot" for marketing purposes.

In a glance this looks like a move driven by marketing reasons since NXT never really went anywhere in that regard.

[freshman777]

What is the reason why NXT decided to create a child chain? Isn't NXT enough already or is there a technical reason why? Could this be a sort of "reboot" for marketing purposes.

In a glance this looks like a move driven by marketing reasons since NXT really went anywhere in that regard.

Running a blockchain is costly and many entities don't have the expertise.
They would like to use a blockchain to solve various problems and not worry about security, blockchain maintenance, volatile coin rates. In Nxt 2.0 they will get specialized blockchains with custom features, for instance they can peg their custom blockchain token to one USD or cowry shell, or their custom blockchain will be feature tailored to their specialized usage. It's a blockchain as a service thing. They will pay block fees to the global network of ARDOR token holders when they must make a hashes record of their custom child chain operations into the main chain. It's a 'focus on your job without all the worries that come with running a blockchain' customer-oriented solution. Transactional throughput will grow manyfold.

[wolffang]

Snapshots to get free Ardor tokens for your NXT start in 6 days! The earlier you buy and hold NXT the more Ardor you will receive. Get your NXT now!

https://twitter.com/ArdorGuide/status/751312355926151168

[HCLivess]

Snapshots to get free Ardor tokens for your NXT start in 6 days! The earlier you buy and hold NXT the more Ardor you will receive. Get your NXT now!

https://twitter.com/ArdorGuide/status/751312355926151168

there is a strong buy wall on Poloniex since yesterday, at around 2800 sat

[Damelon]

The Nxt Foundation has become an affiliate member of the Linux Foundation.

Nxt has always been an advocate of Open Source software, as the licensing under the GPL v2 also shows.

We want to be in contact with people who are like minded and therefore have formed this partnership.

The Linux Foundation just formally announced our membership. 

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

[dranster]

Wow...great news.
Linux has partnered with NXT.
And with Ardor around, this thing is gonna skyrocket

[DreamSpace]

it's great to see some progress again with nxt

[dranster]

Is this news posted in the oroginal NXT Ann page?
And can someone share the link of that page please?

[bbc.reporter]

What is the reason why NXT decided to create a child chain? Isn't NXT enough already or is there a technical reason why? Could this be a sort of "reboot" for marketing purposes.

In a glance this looks like a move driven by marketing reasons since NXT really went anywhere in that regard.

Running a blockchain is costly and many entities don't have the expertise.
They would like to use a blockchain to solve various problems and not worry about security, blockchain maintenance, volatile coin rates. In Nxt 2.0 they will get specialized blockchains with custom features, for instance they can peg their custom blockchain token to one USD or cowry shell, or their custom blockchain will be feature tailored to their specialized usage. It's a blockchain as a service thing. They will pay block fees to the global network of ARDOR token holders when they must make a hashes record of their custom child chain operations into the main chain. It's a 'focus on your job without all the worries that come with running a blockchain' customer-oriented solution. Transactional throughput will grow manyfold.

So how is Ardor different to the other blockchain platforms like Ethereum, Lisk and Waves? And why do you think a company should choose to use Ardor over the 3 mentioned?

[Damelon]

What is the reason why NXT decided to create a child chain? Isn't NXT enough already or is there a technical reason why? Could this be a sort of "reboot" for marketing purposes.

In a glance this looks like a move driven by marketing reasons since NXT really went anywhere in that regard.

Running a blockchain is costly and many entities don't have the expertise.
They would like to use a blockchain to solve various problems and not worry about security, blockchain maintenance, volatile coin rates. In Nxt 2.0 they will get specialized blockchains with custom features, for instance they can peg their custom blockchain token to one USD or cowry shell, or their custom blockchain will be feature tailored to their specialized usage. It's a blockchain as a service thing. They will pay block fees to the global network of ARDOR token holders when they must make a hashes record of their custom child chain operations into the main chain. It's a 'focus on your job without all the worries that come with running a blockchain' customer-oriented solution. Transactional throughput will grow manyfold.

So how is Ardor different to the other blockchain platforms like Ethereum, Lisk and Waves? And why do you think a company should choose to use Ardor over the 3 mentioned?

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.