Re: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake
Real ARDR? What is that?(i'm sorry if I put some stupid questions, but I'm trying to understand it as clear as possible)
And when this will happen with ardr?
And when this will happen with ardr?
The current "ARDR" is only a token on the NXT blockchain.
When Ardor is released, you will get real Ardor coins (not tokens!) on the Ardor blockchain for the ARDR tokens. That's the whole purpose of the token. So there is no "free money" this time, sorry
The ARDR tokens on the NXT blockchain will probably be burnt after the Ardor launch ... or become worthless, the same way than the JLRDA tokens.
Thanks for the post .. so overall.. The Current ARDR Token will be given a 1:1 ARDR coin at the time of the Airdrop and the ARDR tokens will be burned leaving only the coins useful.
Whoever holds NXT will be given .5/1 IGNIS. So if you hold 1000 NXT, you will then have 500 IGNIS and 1000 NXT. In order to receive the ARDR COINS and IGNIS, one must transfer off an exchange to the client.
Please tell me if I'm wrong about this summary.
My question is: Will the new ARDR coins and IGNIS coins be available for trade on exchanges? I'm assuming "NXT" won't be affected? I currently use Bittrex so my plan is to transfer both ARDR and NXT over before XMAS and hold them until after the airdrop is done. Any thoughts.. suggestions? Thank you.