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

[wolffang]

The Ardor Platform: Nxt 2.0 — Steemit https://steemit.com/blockchain/@damelon/the-ardor-platform-nxt-2-0 #Nxt #ardor

[StolenCoinSalesman]

Weeeeeee forged another block my 2nd one and received 4 nxt. I am going to the casino.

[polycryptoblog]

To sum it up,  Ardor allows you to have your own Nxt 1.0  block chain  where you access to all the features and  some degree of customizability within it.    Security functions of the chain are handled by the ARDOR chain itself  such as making sure no double spends or 51% attacks happen,  however if you want to store data on the chain you will have to have your own child chain specific nodes.

[wolffang]

Interested in helping out with the New media kit and style guide? #Ardor #Nxt

https://nxtforum.org/general-discussion/(tnsse)-new-media-kit-and-style-guide-creation/

[bbc.reporter]

So much donwward pressure on price the past few days

Yes. I welcome it because I still want to get more NXT for a bargain. This also shows that no one is really interested in buying NXT at this price even with Ardor coming soon. Maybe it might be better for it to go down for a while so more people will get into NXT and automatically Ardor for the double whammy.

[wolffang]

Nxt and Ardor are looking for writers?  Interested?

https://nxtforum.org/general-discussion/(tnsse)-bounty-program-for-nxt-ardor-guides-and-faq's/

[StolenCoinSalesman]

Woke up this morning and received 500 nxt from the 5 million forging bounty.   

[freshman777]

Umm, looking to get some nxt since I read the forbes artcle on ardr. anyone got some insights on how its different? been a lurker and want to get into the game now.

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.

[CCEDKaps]

[ANN] NXT token ARDOR with its Child Chain Concept NOW traded on Openledger
https://bitcointalk.org/index.php?topic=1557804.new#new

[exia911]

Been reading up on nxt and the ardor launch. how is the ardor different from nxt or ethereum? i like the childchain concept.

[chickenfried12]

Woke up this morning and received 500 nxt from the 5 million forging bounty.   

  So is it a forging bounty or do you have to setup a node?

[StolenCoinSalesman]

Woke up this morning and received 500 nxt from the 5 million forging bounty.   

  So is it a forging bounty or do you have to setup a node?

Just from forging. I do not have a node setup.

[naj]

how to forg?

[farl4web]

how to forg?

Download the Nxt Wallet and put in your (very strong!!) passphrase to open your account. Now your are forging! 

https://nxt.org/get-started/for-you/

[HCLivess]

Thinking about LSK versus XCR, I think I will keep my NXT until the end of the snapshot

LSK has 31m market cap
XCR has 500k market cap

both are the same tech 1:1

that's 62 times more, yet the code is the same and in fact LSK lacks any programmers unlike XCR

[d5000]

Been reading up on nxt and the ardor launch. how is the ardor different from nxt or ethereum? i like the childchain concept.

Ethereum has no child chains. But it has turing-complete smart contracts.
Nxt 1.x has neither child chains nor turing-complete smart contracts.

The only cryptocurrency project that has some similarities to Ardor seems to be Lisk, but Lisk's "sidechains" are probably less integrated into the main blockchain than Ardor's "child chains". The Ardor child chains are very tightly integrated one with another, because they can all be used for asset and currency trading and assets and currencies are global. I think with Lisk that should not be possible, but maybe I'm wrong.

[bbc.reporter]

Thinking about LSK versus XCR, I think I will keep my NXT until the end of the snapshot

LSK has 31m market cap
XCR has 500k market cap

both are the same tech 1:1

that's 62 times more, yet the code is the same and in fact LSK lacks any programmers unlike XCR

This is a valid point. But let me ask you a question. If NXT stays at current price and Ardor is 10x more than NXT after release, will that argument be also valid in Ardor? Or is Ardor a much better technology than what NXT is?

[Arrakeen]

Is there a way to verify that a snapshot of our nxt accounts have been taken?

[habraken]

Is there a way to verify that a snapshot of our nxt accounts have been taken?

Click a node with OpenAPI on http://www.peerexplorer.com/nodes, and click Open Wallet GUI, Returning user, and enter you NXT address (not your passphrase). Then click on Ardor Distribution Status.

[AmoreJaz]

After watching for a while i guess i need to jump on this train before it gets to far down the line! i am loving the ideas and the solid workmanship of this coin!