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

[Simss]

From an economical point of view, the ROI for forging is very low right now, because there aren't that many transactions (i.e. fees) in each block. Keep in mind that forging is a lottery. The more ARDR you have, the higher your chances to win the lottery. According to ardor.tools, currently there are around 300 000 000 ARDR used to forge. If you are using 10000 ARDR to forge it means that your chances are 1/30000 to generate a block. Or, in other words, you'll most probably need to wait 30000 blocks (around 20 days) to get to forge a block if you use 10000ARDR. And when you forge a block you receive the fees of the transactions included in that block, no new coins are created.

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[MrChicken1987]

From an economical point of view, the ROI for forging is very low right now, because there aren't that many transactions (i.e. fees) in each block. Keep in mind that forging is a lottery. The more ARDR you have, the higher your chances to win the lottery. According to ardor.tools, currently there are around 300 000 000 ARDR used to forge. If you are using 10000 ARDR to forge it means that your chances are 1/30000 to generate a block. Or, in other words, you'll most probably need to wait 30000 blocks (around 20 days) to get to forge a block if you use 10000ARDR. And when you forge a block you receive the fees of the transactions included in that block, no new coins are created.

That is why a forging pool might be a good idea. I currently leased my Ardor to www.ardorpool.org
It's not very profitable but I like to believe that I support a small pool to keep the network decentralized. Also, the pool has no fees right now.

[d5000]

Seems that StackExchange is, according to Lior Yaffe's wishes, to become the main discussion portal for Ardor. There's an Ardor Stackexchange in the making, until it's ready the Bitcoin Stackexchange should be used (where altcoins are allowed).

I was wondering if a trustless variant of Lightweight Contracts is possible. It would however, very likely, need a new type of Phased Transactions. If someone knows the answer, feel free to post there. If this works, then Lightweight Contracts could be used for similar use cases than Ethereum smart contracts.

[martismartis]

Seems that StackExchange is, according to Lior Yaffe's wishes, to become the main discussion portal for Ardor. There's an Ardor Stackexchange in the making, until it's ready the Bitcoin Stackexchange should be used (where altcoins are allowed).

I was wondering if a trustless variant of Lightweight Contracts is possible. It would however, very likely, need a new type of Phased Transactions. If someone knows the answer, feel free to post there. If this works, then Lightweight Contracts could be used for similar use cases than Ethereum smart contracts.

Did you check https://nxtwiki.org/wiki/Lightweight_Contracts ?

[Münzpräger]

So you can lease your Ardor for a maximum of around 65k blocks or around 40 days. Does the lease have to finish/run out before you can do a new one or can you extend a running lease by repeating the necessary steps?

[MrChicken1987]

So you can lease your Ardor for a maximum of around 65k blocks or around 40 days. Does the lease have to finish/run out before you can do a new one or can you extend a running lease by repeating the necessary steps?

AFAIK you can plan your next lease directly, but not more than one future lease. So only the one that is running right now and the next one.

[d5000]

Did you check https://nxtwiki.org/wiki/Lightweight_Contracts ?

Yep.

Lior Yaffe (I think it's him, "lyaffe" at Stackexchange) has answered my question at Stackexchange. The main problem being that currently Contracts are not allowed to be triggered by phased transactions, but if I interpret his answer right then that could be changed. And a small enhancement of Phased Transactions would be required, too.

I'll soon write an a bit more detailed answer to Lior at Stackexchange - it seems that I misunderstood something about Phased Transactions (because I thought they worked more like Bitcoin's scripts), so I first want to ensure I understood it right now re-reading the Phased Transaction description.

If you ask me, if that could be implemented (and it looks so), that would be tremendously bullish

[wangxiaoyan888666]

The ARDOR coin project has a good future and investors can hold 30% of the positions. The next bull market is coming. I firmly believe that the price of ARDOR will satisfy the current investors.

[allinvain]

The ARDOR coin project has a good future and investors can hold 30% of the positions. The next bull market is coming. I firmly believe that the price of ARDOR will satisfy the current investors.

No it's not; at least not until the next btc bull market comes.

[apenzl]

FYI

There's less than 1 hour left until Dominium announces the final secret word that gives access to nxter.org's #SummerQuest (IV) bonus account with 1000 $DOM tokens.

https://www.nxter.org/summer-quest/#stage4

Another account has 1000 $IGNIS up for grabs, and the final word in its passphrase will be revealed during the Gamejam hackathon in Krems this weekend.

[apenzl]

ARDR has been listed on the TOKOK exchange today

https://www.nxter.org/nxt-and-ardr-trades-on-chinese-tokok-exchange/

[Black Angel]

It is difficult to choose a coin that can give big profits in a short time, but with patience we can get a big profit, Ardor is a coin that has good potential in the future so it is worthy of being a long-term investment.

[alinayatsko34]

It seems to me that the Ardor project is very unstable, because at first the price soared, and then it also fell.

[yyz13857180757]

The development prospects of ARDOR project are worthy of further expectation. At present, I hold 1/2 position of ARDOR coins. I believe that ARDOR will be Huiyou once the overall market rallies.

[StealthPay]

StealthPay allows you to buy Ardor with PayPal. Here are some easy steps to go:

1) Get a Stealth (XST) address on Bittrex.com
2) Go to www.stealthpay.com
3) Click on "Buy Stealth", fill in the relevant fields and click "Order Now".
4) In the "Payment Method" choose PayPal payment method.
5) Follow the displayed instructions.
6) After you receive your Stealth (XST), sell them on Bittrex against BTC.
7) Buy Ardor.

[RubenBC]

Nxter News – August 2018 (IV): People Do Not Quit Playing Because They Grow Old; They Grow Old Because They Quit Playing

[R-J-F]

Nxter News – August 2018 (IV): People Do Not Quit Playing Because They Grow Old; They Grow Old Because They Quit Playing

That is GREAT quote! Love it...

[TOM47]

Ardor Updates 08/2018: Intro, Quick Updates, Lightweight Contracts and Transaction Vouchers Testnet
Ardor Updates is a new series funded by Jelurida that focuses on providing monthly updates on the Ardor and NXT blockchain ecosystems. This first episode covers 3 topics: a 1 minute introduction to the Ardor blockchain-as-a-service platform; a series of quick updates from throughout the community; and an overview of the new features recently released on the Ardot experimental testnet 2.1.0e. New features include Turing-complete lightweight smart contracts, transaction vouchers, and new custom bundlers. https://www.youtube.com/watch?v=X9N5hkRiRWk&feature=youtu.be

[RubenBC]

Nxter News – September 2018 (I): Minds Are Like Flowers, They Only Open When The Time Is Right

[Tonisim]

Ardor (ARDR) Interview with Lior Yaffe
Ardor is about solving the several limitations of blockchain technology today
https://www.youtube.com/watch?v=LNEHeVWtiZI