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

[johnambush]

So Ardor is nxt 2.0, nxt will be the history right? Or they 2 will be both existing? Am i late if i didn't join snap before? thx

Both will exist. It is not too late. You can join till 12th October but your average number of coins will be less. Snap begins today at 19:00 hours.

[xsentus]

how many ardor totaly supply ?

[Damelon]

What I don't understand: by launching Ardor the way you have done now, it will give the initial stakes from NXT an equal advantage in Ardor. Wasn't that the major "problem" a lot of people had/have with NXT (the initial distribution). Aren't you now 1 on 1 transferring that "problem"?

Not at all.
As you may have noticed, we've seen quite a few stakeholders offloading Nxt.
They have found an exit point they felt happy with which is good for the distribution and which we are very happy with.

Your example also seems to imply a static distribution over two and a half years, which is simply not true.
We've seen multiple stakeholders offload over the years, most visibly during the middle of last year when we had a downward pressure for a few months when an initial stakeholder kept selling around the 3000-4000 mark.

Ardor will start with a much improved distribution exactly due to this method.

I would also argue that there is no other way short of disenfranchising any current Nxt holders (which is a much larger group than the initial stakeholders. They consist of people who invested and traded for 2,5 years), which would be infinitely more destructive: we'd be breaching investor trust, which the devs refuse to do.

[Damelon]

how many ardor totaly supply ?

The same as the total current supply of Nxt: 998,999,999 (Some Nxt have been burned over the years and cannot be converted to ARDR)

[Damelon]

So Ardor is nxt 2.0, nxt will be the history right? Or they 2 will be both existing? Am i late if i didn't join snap before? thx

Nxt will continue, alongside Ardor.

No, you are not late. Even during the snapshot you can still enter, although due to the averaging, you will receive progressively less ARDR.

[MrCluster87]

We are at block 870.110... in 300 blocks it will start the snapshot!!  

https://i.imgur.com/7drHiqr.gif

[wolffang]

Snapshots for #Ardor (#Nxt 2.0) start in 5 hours!!
- Hold NXT get free Ardor -

[altcoinrich]

So Ardor is nxt 2.0, nxt will be the history right? Or they 2 will be both existing? Am i late if i didn't join snap before? thx

Nxt will continue, alongside Ardor.

No, you are not late. Even during the snapshot you can still enter, although due to the averaging, you will receive progressively less ARDR.

thx, dev. I read the news on the OP, it says polo will give us ardor?     So we keep nxt on the balance to get ardor, is this ok?

[HCLivess]

So Ardor is nxt 2.0, nxt will be the history right? Or they 2 will be both existing? Am i late if i didn't join snap before? thx

Nxt will continue, alongside Ardor.

No, you are not late. Even during the snapshot you can still enter, although due to the averaging, you will receive progressively less ARDR.

thx, dev. I read the news on the OP, it says polo will give us ardor?    So we keep nxt on the balance to get ardor, is this ok?

yes, although a mod told me that they are not sure if NXT on orders count or not

[mikesbmw]

What I don't understand: by launching Ardor the way you have done now, it will give the initial stakes from NXT an equal advantage in Ardor. Wasn't that the major "problem" a lot of people had/have with NXT (the initial distribution). Aren't you now 1 on 1 transferring that "problem"?

Not at all.
As you may have noticed, we've seen quite a few stakeholders offloading Nxt.
They have found an exit point they felt happy with which is good for the distribution and which we are very happy with.

Your example also seems to imply a static distribution over two and a half years, which is simply not true.
We've seen multiple stakeholders offload over the years, most visibly during the middle of last year when we had a downward pressure for a few months when an initial stakeholder kept selling around the 3000-4000 mark.

Ardor will start with a much improved distribution exactly due to this method.

I would also argue that there is no other way short of disenfranchising any current Nxt holders (which is a much larger group than the initial stakeholders. They consist of people who invested and traded for 2,5 years), which would be infinitely more destructive: we'd be breaching investor trust, which the devs refuse to do.

What did cause Nxt to lose so much value over the last couple of years? (honest question, no smartass)
There seems to be a large disinterest for some reason that sticks.
Too me Nxt was and still IS, one of the best and most versatile crypto networks out there.

What will make Ardor a succes in the long run? Not your classic: Rise...downtrend....smaller uptrend.....long period of decline.

[MrCluster87]

Block 870.304 on Nxt blockchain!!! last 100 blocks to go before the snapshot!!!

[box0211]

if i hold nxt for 10 days and then i sell it. how does it average how much ardor i get? can someone do some number crunching on how this works?

[farl4web]

Snapshots for Ardor started! Happy Ardor!!

[dranster]

3.......2.......1
DUMP

[freshman777]

if i hold nxt for 10 days and then i sell it. how does it average how much ardor i get? can someone do some number crunching on how this works?

if you hold for 90 days you get 100%
if you hold for 10 days, you get 100% / (90 / 10)=11.1%
if you hold for 25 days, you get 100% / (90 / 25)=27.7%

[farl4web]

3.......2.......1
DUMP

And ... buy more low!! 

[nagatraju]

Holding is enough? or we need to open our wallet for 90 days, 24/7?

[luis77]

Can´t find that directory, how many mb do you think is going to be?

search for nxt_db Directory and Copy Paste it.

[Damelon]

Holding is enough? or we need to open our wallet for 90 days, 24/7?

Holding is enough.
The Ardor distribution is not linked in any way to forging.

[andreibi]

It was said Bittrex and Poloniex will distribute Ardor to exchange NXT holders. How is that possible? Will they also take snapshots of exchange accounts every hour?