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Author Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake  (Read 363001 times)
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July 11, 2016, 03:01:05 PM
 #221

do i need to hold NXT on my wallet or it can be on Polo?
From what I understand Polo will be working with NXT to distribute the tokens to exchange holders..


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July 11, 2016, 05:17:27 PM
 #222

do i need to hold NXT on my wallet or it can be on Polo?

Short answer: You can, but you shouldn't.

Long answer: Poloniex is one of the exchanges that have agreed to distribute ARDR to their users. But there are many possibilities it could go wrong. NXT on an exchange are only IOUs, and ARDR assets are the same. So if the exchange goes bankrupt (until October it's much time in the altcoin exchange world) you wouldn't see anything.

Another possible problem is that if you trade the NXT in the snapshot period, then it is possible that the exchange will calculate the ARDR the wrong way. That must not even be caused by bad intentions: Let's suppose you have a trading bot that trades small price swings, and it just happens that at most of the hourly snapshot intervals you are "in fiat". The exchange could then say "Ah, but you didn't have NXT at the moment of the hourly snapshot.", and they would be totally right to not distribute you the amount of ARDR you expected.

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July 11, 2016, 05:46:34 PM
 #223

yeah, lets try version 1.9.2.
and after that just wait and try to forget my NXT again.

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July 11, 2016, 07:20:31 PM
 #224

The price of $NXT is going to the roof with only 3 days until #Ardor snapshots. Really amazing, that volume!! #Nxt
https://twitter.com/Nxtgids/status/752565152277553152
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July 11, 2016, 07:56:27 PM
 #225

hi there

Quote
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.

i don't have to forge to make this happen, right?

btw: is there a way / tool to calculate forging revenue?

Trade crypto like a boss: Gunbot enables you to make daily automatic profits!
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July 11, 2016, 08:05:06 PM
 #226

Ardor looks really interesting. Will surely keep an eye on this. Good thing was already able to buy NXT tokens when it was cheaper.
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July 11, 2016, 08:18:14 PM
 #227

hi there

Quote
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.

i don't have to forge to make this happen, right?

btw: is there a way / tool to calculate forging revenue?

Forging is not necessary to be eligible for ARDR tokens. You can even keep your NXT on Poloniex and still get ARDR. But setting up your own wallet is recommended due to potential failure of centralized exchanges.

The forging revenue depends on how many of the 999 million coins are forging, how many coins you are forging with and how many transaction fees are paid in the block you forge. You can calculate your probability of forging a block. But you cannot know in advance how many fees will be in this block. If somebody issues an asset in the block you forge, you get 1000 NXT. But if there are no transactions in your block, you get 0 NXT.

The more users the higher the forging revenue.
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July 12, 2016, 03:55:02 AM
 #228

The price of $NXT is going to the roof with only 3 days until #Ardor snapshots. Really amazing, that volume!! #Nxt
https://twitter.com/Nxtgids/status/752565152277553152

indeed it is pretty crazy. grabbing popcorn.

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July 12, 2016, 03:58:26 AM
 #229

do i need to hold NXT on my wallet or it can be on Polo?
From what I understand Polo will be working with NXT to distribute the tokens to exchange holders..

So is it safe to assume that Ardor will be listed in Poloniex exchange? I hope it will be because Poloniex is the biggest altcoin exchange right now.

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July 12, 2016, 05:02:30 AM
 #230

do i need to hold NXT on my wallet or it can be on Polo?
From what I understand Polo will be working with NXT to distribute the tokens to exchange holders..

So is it safe to assume that Ardor will be listed in Poloniex exchange? I hope it will be because Poloniex is the biggest altcoin exchange right now.


It'd be a great news to be listed on Poloniex... I wish you will keep working on that issue  Wink

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July 12, 2016, 06:10:10 AM
 #231

Fresh from the press news!

Nxt Foundation launches full suite of Smart Transactions!

http://www.econotimes.com/Nxt-Foundation-launches-full-suite-of-Smart-Transactions-234420
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July 12, 2016, 10:49:51 AM
 #232

Thought I make a Ardor sig. To get the word out some more!  Cool

If you want you can adjust.

When you quote this message you can copy the bb code for the signature.
table...
.../table



Quote

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 | GET YOUR STAKE IN THE ARDOR PLATFORM! | 2 DAYS BEFORE RECORDING BEGINS!
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July 12, 2016, 01:08:48 PM
 #233

Thought I make a Ardor sig. To get the word out some more!  Cool

If you want you can adjust.


Quote

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   |  GET YOUR STAKE IN THE ARDOR PLATFORM! | 2 DAYS BEFORE RECORDING BEGINS!

Looks amazing!  Smiley

You can use it for the countdown to the end of the snapshotting too. Keep the spirit alive!

Follow the latest blockchain news: https://twitter.com/blockchainguide
LitcoinCollector
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July 12, 2016, 01:22:18 PM
 #234


Looks amazing!  Smiley

You can use it for the countdown to the end of the snapshotting too. Keep the spirit alive!

Thanks!
Get the word out! Widespread adoption is the way to strengthen the Ardor project!
MrCluster87
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July 12, 2016, 01:51:34 PM
 #235

This sig is really cool!!  Shocked  Well done!!

Thought I make a Ardor sig. To get the word out some more!  Cool

If you want you can adjust.

When you quote this message you can copy the bb code for the signature.
table...
.../table



Quote

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  | GET YOUR STAKE IN THE ARDOR PLATFORM! | 2 DAYS BEFORE RECORDING BEGINS!

1 NXT = 1 ARDR (snapshot from July 14 to October 1
TravelsAsia
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July 12, 2016, 01:54:35 PM
 #236

Has anyone at Ardor looked at what Steem.it is doing with rewarding articles and upvotes? The NXT framework looks like it could support something similar with UIA.
futuraprocessa
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July 12, 2016, 02:02:21 PM
 #237

Has anyone at Ardor looked at what Steem.it is doing with rewarding articles and upvotes? The NXT framework looks like it could support something similar with UIA.

Maybe it could. If it could, it'd be an amazing application.
TravelsAsia
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July 12, 2016, 02:07:26 PM
 #238

Has anyone at Ardor looked at what Steem.it is doing with rewarding articles and upvotes? The NXT framework looks like it could support something similar with UIA.

Maybe it could. If it could, it'd be an amazing application.

I didn't like the way Steem launched, I do like what it's doing to attract outsiders that know Reddit style commenting and abilty to get paid for that contribution. Since Ardor seems to be focused on real world business, it would be a great addition.
farl4web
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July 12, 2016, 02:18:16 PM
 #239


Looks amazing!  Smiley

You can use it for the countdown to the end of the snapshotting too. Keep the spirit alive!

Thanks!
Get the word out! Widespread adoption is the way to strengthen the Ardor project!


I announced it on the slack channels too.   Cool

Follow the latest blockchain news: https://twitter.com/blockchainguide
TravelsAsia
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July 12, 2016, 02:38:34 PM
 #240

Fresh from the press news!

Nxt Foundation launches full suite of Smart Transactions!

http://www.econotimes.com/Nxt-Foundation-launches-full-suite-of-Smart-Transactions-234420

Is there a masterlist of news organizations to email great articles for NXT such as Coindesk and Cointelegraph?
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