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Latest Nxt Client 1.11.5 - NEW RELEASE: Ardor 2.0.3e TestNet IS LAUNCHED!

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Author Topic: [ANN] Ardor, or Nxt 2.0, a Scalable Child Chain Platform  (Read 32082 times)

martismartis

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Ok. so going forward forging will only be on the Ardor chain but will include forging profits from all child chains?

Yes.

I don't think Ardor forgers gets profit from child chains. Child chain native fees will go to child chain block bundlers, who will pay Ardors to Ardor main chain forgers. Correct me if I'm wrong.

lurker10

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Ok. so going forward forging will only be on the Ardor chain but will include forging profits from all child chains?

Yes.

I don't think Ardor forgers gets profit from child chains. Child chain native fees will go to child chain block bundlers, who will pay Ardors to Ardor main chain forgers. Correct me if I'm wrong.

I don't think you're wrong. That still can be called forging profits :) Like you know, Ardor holders forge and get profits from that activity, they don't care that fees don't come directly from child-chain users, they get forging fees from "someone", and these are forging profits in my dictionary :)
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lurker10

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awesome - thank you for clarifying. That's is very exciting. If I understand correctly though the snapshot for the first child coin will not include ardor holdings. hmm... decisions... decisions... Is that snapshot still scheduled for Jan 1st?

Ardor is Ardor, it's been distributed already.
IGNIS is the first child chain, to be distributed when the snashot is taken, but it was never scheduled for Jan 1st as far as I know. January is the start of testnet.
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P4ndoraBox

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As seen on www.ardorplatform.org

''Because it is 100% Proof-of-Stake, no additional processing will be needed for mining as no new tokens will be created.''

Can someone develop a bit of that statement ?

Will we be able to Stake our Ardor by forging...Or just staking...I'm not sure to understand.

Thank you.

farl4bit

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As seen on www.ardorplatform.org

''Because it is 100% Proof-of-Stake, no additional processing will be needed for mining as no new tokens will be created.''

Can someone develop a bit of that statement ?

Will we be able to Stake our Ardor by forging...Or just staking...I'm not sure to understand.

Thank you.

In Ardor, no extra coins are mined. There is a fix supply of coins and with Proof-of-Stake the network is secured and consensus is reached. Yes, you can forge with Ardor. Holding it in your account and with forging enabled, you can create blocks and earn the fees inside those blocks.

Brangdon

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I don't think Ardor forgers gets profit from child chains. Child chain native fees will go to child chain block bundlers, who will pay Ardors to Ardor main chain forgers. Correct me if I'm wrong.
That's correct, but in practice most forgers will also be bundlers, at least for the major child-chains. There's not a lot a 3rd party bundler can do that a forger can't do for themselves more efficiently.

I believe the main role for a non-forging bundler is to sponsor a child-chain, making its fees lower than they otherwise would be if it were left to forgers.

''Because it is 100% Proof-of-Stake, no additional processing will be needed for mining as no new tokens will be created.''

Can someone develop a bit of that statement ?
It's contrasting Ardor with Proof of Work coins like Bitcoin. Bitcoin mining uses massive processing power for hashing; its security relies on wasting 12.5 BTC worth of electricity every block. Ardor won't have that overhead.

Quote
Will we be able to Stake our Ardor by forging...Or just staking...I'm not sure to understand.
Yes you will, but because the number of Ardor coins is fixed, you'll only get the transaction fees for the blocks you process. There is no block reward in Ardor, no equivalent to the 12.5 newly created Bitcoins that Bitcoin miners get in addition to their transaction fees.
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P4ndoraBox

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Thank you Farl4bit and Brangdon. Very appreciated.

lurker10

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cryptAnalyzer

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Nice and neat. You guys have a great taste in finding the right name: Ardor  :)

cryptAnalyzer

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Yeah its a great name

xiaopeifeng

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Who can tell me the difference between Ardor and PeerAssets?Which one is better?
Thank you.

qq2536007339

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Who can tell me the difference between Ardor and PeerAssets?Which one is better?
Thank you.

看你的ID像是中国人,我就用中文简单回答一下。

Ardor是一个平台,而PeerAssets只是发行资产的工具,资产功能只是Ardor众多功能的一部分,所以两者不适合直接对比。在我看来Ardor或NXT的资产功能在几方面都比PeerAssets要好。首先是易用性,使用Ardor或NXT发行资产是一件很容易的事情,点几下鼠标,敲几下键盘即可。PeerAssets是从头开始自己创建一个区块链,难度更大。Ardor或NXT基本没有维护费用,PeerAssets需要发行者自己搞定节点等区块链的维护工作。Ardor或NXT的资产分红很简单,另外自带了去中心化的交易功能。

你只要自己使用一下Ardor或NXT测试网络的资产功能,相信很容易就能得出结论了。
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xiaopeifeng

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Who can tell me the difference between Ardor and PeerAssets?Which one is better?
Thank you.

看你的ID像是中国人,我就用中文简单回答一下。

Ardor是一个平台,而PeerAssets只是发行资产的工具,资产功能只是Ardor众多功能的一部分,所以两者不适合直接对比。在我看来Ardor或NXT的资产功能在几方面都比PeerAssets要好。首先是易用性,使用Ardor或NXT发行资产是一件很容易的事情,点几下鼠标,敲几下键盘即可。PeerAssets是从头开始自己创建一个区块链,难度更大。Ardor或NXT基本没有维护费用,PeerAssets需要发行者自己搞定节点等区块链的维护工作。Ardor或NXT的资产分红很简单,另外自带了去中心化的交易功能。

你只要自己使用一下Ardor或NXT测试网络的资产功能,相信很容易就能得出结论了。
好的,知道了,非常感谢!

chesslover

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Hello to all!

We would like to create a currency in Nxt and also transition it to Ardor. In this regard we would like to ask, what changes in terms of the currency issuer account, currency supply, currency holders, etc., will be affected during the move? Detailed answers are greatly appreciated!

Also a follow-up question, for the "Controllable" currency property, "It imposes the following limitations on the currency (1) Currency can be transferred only to/from the issuer account", so holders will not be able to exchange the currency with others?

Thanks a lot in advance!

cayenne

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« Last Edit: July 24, 2017, 12:41:07 pm by cayenne »

chesslover

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See the roadmap here:
ardor-roadmap

It looks very summarized but thanks for the link! I would like some detailed answers/explanations to my queries, if possible.
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