Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ARDR][NO ICO] Ardor, or Nxt 2.0, a Scalable Child Chain Platform
by
barabbas
on 09/08/2016, 18:28:30 UTC
Looking at purchasing roughly 70k NXT tokens and I just setup my 1GHs ETransactions farm to mine to a ShapeShift wallet that auto converts ETH to NXT to reach my goal of 10Contractoins.

This project solves all the problems I feel ETH and other platforms have and adds functionality on top....The fact that Barclays is holding out to see what the Smart Contract/Blockchain world has to offer, makes me think that they don't think that ETH is the be all end all. They mention that competition is a good thing, and this definitely proves that to me. I can see major companies adopting the NXT 2.0 system and I want to be a part of that...

I can't wait to see what the next few months have it store...
All we can say for sure right now is that the Nxt Foundation is in talks with dutch banks. But possible that banks like Barclay will watch out for Nxt's Smart Transactions as an easier and more secure way of using distributed ledger tech than Ethereum's Smart Contracts.


People who hold their NXT in active sell orders will consider legal action, if they dont get their ARDR tokens.



As per Richie Lai (Bittrex), regarding distribution of ARDR: "We are waiting for NXT to provide us with the MECHANICALS to proceed with the distribution..."

So, what's up devs? Distribution of ARDR, just like in the wallets, should have already been occurring in the exchanges. I figure a lawsuit would be in order, of course. At Bittrex alone, there are more than 8 million NXT in hundreds of accounts.

The distribution doesn't happen until Oct, so there's still plenty of time for the Devs to work this out. The ARDR in wallets is just an estimation of what to expect when distribution finally happens and is easier to apply the distribution model to than exchanges where there are many moving parts that need to be considered.

Granted it is a bit more complex but the MECHANICALS should have been distributed already and everyone should be having the same estimations that in the regular wallets... because, you DO know they are just regular wallets at the exchanges, right? I don't see how the little bit of more complexity in the distribution and estimations is a problem. The SNAPSHOTS are happening on those wallets (or the main wallet at least) just like in the rest of the wallets, so it is not a very complex problem to provide that by-the-hour- estimation to everyone holding NXT wherever they are holding it.