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

[barabbas]

whats going on with nxt/ardor? angry comments, price tanking.. whats going on  

I think it was the price rise.  
For about two years I've heard no one complaining about the original NXT ICO for example - I nearly thought the topic was over with, since anyone could have bought tons of NXT for a nickel and a dime. But as soon as NXT joined the alt bubble, all this old stuff comes up again.  
People get panicky if the value involved is higher. See also: all the drama queens at r/bitcoin.

Ah the "old" distribution problem... 115 accounts (many of them belonging to the same individuals) own 70 million NXT (same on ARDR, on ARDR for free, not even for pennies). 73 people bought all the ICO of NXT. I'd say there's still a distribution problem not about to go any time soon.

Being that technologically NXT was more advanced than most cryptos (until recently), it isn't very hard to figure out why the price of this thing doesn't quite take off like any other has in the last several weeks.

Nor will it. Ever.

[Burmik123]

Someone knows when the snapshot fir IGNIS will be performed?

Hi, between this July and September.
Exact date for the 1 time snapshot not known yet.

Thank you, but where can i read it by myself?

[simplecoin1]

Someone knows when the snapshot fir IGNIS will be performed?

Hi, between this July and September.
Exact date for the 1 time snapshot not known yet.

Thank you, but where can i read it by myself?

Here you go:
https://www.jelurida.com/ardor-roadmap

[ThomasVeil]

I am a little bit confuse. At what asset will IGNIS snapshot at? And what is FNX? Can anyone clear the cobwebs here?

IGNIS will not have an asset. It will directly be put into the Ardor blockchain at the first block (0.5 IGNIS per NXT you own). When that will happen is not announced yet - will be the coming months though, as the development is right on track so far.

FNX is just an old name for the tokens - you don't have to worry about it anymore.

[sorrisoporcino]

Excuse me for the question...

How much time do you have for snapshot? Are they still in time? (ignis)

oh sorry i haven't read above      

[MandalaRay]

https://twitter.com/ArdorPlatform/status/870538017768951808

[vlom]

i read on twitter that janus paid dividend in NXT. i did not receive any? is it possible that i have not enough janus?

[puremage111]

I am a little bit confuse. At what asset will IGNIS snapshot at? And what is FNX? Can anyone clear the cobwebs here?

IGNIS will not have an asset. It will directly be put into the Ardor blockchain at the first block (0.5 IGNIS per NXT you own). When that will happen is not announced yet - will be the coming months though, as the development is right on track so far.

FNX is just an old name for the tokens - you don't have to worry about it anymore.

Hello, for ignis, in order to get it at ratio of 0.5 Ignis per NXT owned, it is depends on the amount of NXT i hold in my wallet?

Or the total NXT Value my Wallet Held like
Balance of NXT + Value of Assets in NXT

And i am kinda confused anyhow, hope someone can help me

As currently, we are now NXT 2.0. Therefore the current token for NXT 2.0 is Ardor and we are still under Beta till Q3 of 2017 and the main net will launch?
Then, Ignis is the child chain token, what is the difference of child chain and main chain?

Thanks

[ThomasVeil]

i read on twitter that janus paid dividend in NXT. i did not receive any? is it possible that i have not enough janus?

Please ask in the nxt forum - there are janus-threads where you probably get help quickly.

[ThomasVeil]

Hello, for ignis, in order to get it at ratio of 0.5 Ignis per NXT owned, it is depends on the amount of NXT i hold in my wallet?

Yes. If you have it in your wallet, then you're safe.
Might be that NXT held in exchanges works too - for Ardor the Poloniex exchange did the sharing properly. But I haven't heard word from them yet on IGNIS.

Or the total NXT Value my Wallet Held like
Balance of NXT + Value of Assets in NXT

No, the value of your assets doesn't count.   

And i am kinda confused anyhow, hope someone can help me

As currently, we are now NXT 2.0. Therefore the current token for NXT 2.0 is Ardor and we are still under Beta till Q3 of 2017 and the main net will launch?
Then, Ignis is the child chain token, what is the difference of child chain and main chains

Now you're nearly confusing me We are not on NXT2.0 yet - that was only the temporary name for Ardor.
But yes, the Ardor asset-tokens on the NXT chain will become actual Ardor on the Ardor chain - which will be launched in the coming months.
Ignis will directly be given according to your NXT balance (additionally you can buy more in an ICO that will still have to be announced in detail).

Now as to what child chains are: Basically the idea is, that there is one main chain (that is ARDR) that takes care of all child chains. The advantage is, that not all information of the child chains has to be stored in the main chain - transactions will be 'bundled' together, and then only the hash of the final block gets stored in the long run. Meaning: ARDR will scale fine, even if the child chains are full of hundreds of thousands of transactions.   
That makes it unique - we know that Bitcoin has scaling issues, and people just don't seem to connect the dots that Ethereum is also soon in trouble.

To 'keep an eye on' the child chains is the job of ARDR. But else it's quite limited (to prevent blockchain bloat). You cannot buy assets with ARDR, and it's not meant for daily transactions (like buying coffee). That's what the child chains will be for - and IGNIS will be the first (for a while also the only one).
One quite interesting feature is that child chains have more freedom - they can do more stuff than NXT did. And they won't necessarily have to pay fees in ARDR. Or, some could also be very restricted - and only allow the issuer to transfer tokens (that would be handy for little businesses, that give vouchers to customers).
You can find some more detail on the Ardor and child-chain transactions here.

[ptrk]

I looked at the project. I like the idea of having sidechains backed by the Ardor blockchain which can be completely run with colored-coin fees. This avoids a big drawback NXT has.

What I could not figured out from the Ardor documents I have read so far, could there also be issued own tokens in the respective sidechain which can be traded with the respective currency of the sidechain? So a own token exchange within a sidechain?

[VanBreuk]

What I could not figured out from the Ardor documents I have read so far, could there also be issued own tokens in the respective sidechain which can be traded with the respective currency of the sidechain? So a own token exchange within a sidechain?

Tokens (assets, in Nxt terminology) are platform-wide. This means any child chain can issue assets, that can be traded in the native child chain token AND in any of other child chains tokens in the Ardor platform.

[AceStep]

one of the few great tech coins that goes unnoticed, keep up the great work ardr/nxt fam

[lurker10]

FYI, newcomers!
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.

[preshpresh]

bought some nxt for the ignis snapshot - maybe a tad premature

[ShroomsKit_Disgrace]

bought some nxt for the ignis snapshot - maybe a tad premature

I believe you did great. I predict price to double in next 2weeks for NXT.

[Fredomago]

one of the few great tech coins that goes unnoticed, keep up the great work ardr/nxt fam

yes i guess still unnoticed and many things about this project still not been realized by big investors but surely after things has been assess
investors and traders will be in here just keep it up dev team and the community will wait for more. good luck

[puremage111]

Hello, for ignis, in order to get it at ratio of 0.5 Ignis per NXT owned, it is depends on the amount of NXT i hold in my wallet?

Yes. If you have it in your wallet, then you're safe.
Might be that NXT held in exchanges works too - for Ardor the Poloniex exchange did the sharing properly. But I haven't heard word from them yet on IGNIS.

So conclusion in order to

To Get Ignis , i will need to buy and hold NXT
To Get the Real Ardor, i will buy and hold Ardor?

[issie81]

Correct me if i am wrong but isn't IGNIS a airdrop from Ardor?

i think it set to be release Q2/Q3 of 2017

[jwiz168]

Now that ardor's framework is beginning to form . Crypto enthusiasts are recognizing the immense potential of this platform . I am glad that I caught the bus at the right time.