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

[farl4web]

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

Amazing partnership! Good news for Nxt (and Linux). 

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[wolffang]

http://www.newsbtc.com/2016/07/08/major-nxt-exchanges-agree-distribute-ardor-tokens/

[wolffang]

Asian Exchange BTC38 also agrees to help with performing internal snapshots for Ardor distribution.

http://www.btc38.com/general/10864.html

[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?

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.

Thanks for the reply. I shall be following your approach and model of a smart contracts platform. Follow up question, with your model, how do you think would it scale better vs the likes of the 3 platforms mentioned? I believe scalability is a big issue in all decentralized platforms.

[jwiz168]

I will just hodl my nxt and once my node finished downloading the blockchain I'll  have my balance leased so it may continue earning.

[Damelon]

Marenkar has just finished the first version of our newest site https://www.ardorplatform.org/!

The site is at this moment meant as an easy way into Nxt and thus into Ardor.

It has counters, and points to the exchanges where people can buy Nxt as well as a link to Bitpanda, where you can send people who want to buy Nxt with fiat.

The site will be expanded over time, and ideas are always welcome.

Share it! https://twitter.com/NxtCommunity/status/751726444254986240

[wolffang]

Hooah awesome news!

[nagatraju]

Damelon, the site is very informative.  Good job.  Keep it up.

[wolffang]

On #LinkedIn? Follow us there
https://www.linkedin.com/company/ardor-platform #Ardor #Nxt

[wolffang]

http://www.wanbizu.com/xinbi/201607107156.html
The Chinese are taking notice of Ardor!

[d5000]

Good job with the Ardor website. It looks clean and professional.

What I miss on this site is a NXT download link (or at least I didn't see it). There is a link to nxt.org and the forum, but what I would suggest is a direct link to the download page and a little section talking about it. Perhaps it is intended to focus on the "get ardor on exchanges" call to action link, but I think it's very important to point out that at least the technologically savy of the future NXT 2.0/Ardor users should move their NXT / ARDR to a wallet they control. You could also offer a link to the web wallet for non-techies.

[redhero]

It is a big chance

[futuraprocessa]

Good job with the Ardor website. It looks clean and professional.

What I miss on this site is a NXT download link (or at least I didn't see it). There is a link to nxt.org and the forum, but what I would suggest is a direct link to the download page and a little section talking about it. Perhaps it is intended to focus on the "get ardor on exchanges" call to action link, but I think it's very important to point out that at least the technologically savy of the future NXT 2.0/Ardor users should move their NXT / ARDR to a wallet they control. You could also offer a link to the web wallet for non-techies.

I think this is a great idea as well.

[yubit]

Interesting!
But when snapshot will be made?

[paddox]

http://www.wanbizu.com/xinbi/201607107156.html
The Chinese are taking notice of Ardor!

It's good that the Chinese are noticing it. The new ardorplatform website is only in English at the moment. If it had a Chinese version it could encourage greater adoption of Ardor by Chinese people. If they hear about it on wanbizu and want more information from ardorplatform.org they have to go through Google translate until there's a Chinese version of ardorplatform.org.

https://www.ardorplatform.org/

[farl4web]

Interesting!
But when snapshot will be made?

Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. So you have 3 days before the start. Be sure to download the latest client: https://nxt.org

Good luck snapping! 

[LitcoinCollector]

Website looks great.

So if you create a wallet at https://wallet.mynxt.info/ and send nxt to it.
The Ardor will be sent the as well, right?

Tried to download the full client but it takes very long, can this be speed up?

[freshman777]

So if you create a wallet at https://wallet.mynxt.info/ and send nxt to it.
The Ardor will be sent the as well, right?

Yes.

[wolffang]

Nice article to read about Nxt's past and future!
http://www.enterstageright.com/archive/articles/0716/nxtunderground.htm

[spiete]

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