Weekly Crypto News — Dec II, 2018

Arthur Penzl
Nxtermag
Published in
6 min readDec 15, 2018

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Attitude. If you haven’t been building, testing or playing around with all the Ignis functionality on testnet, you might have forgotten that Jelurida recently speeded up Ardor to generate new blocks every 10 seconds. No hiccups, it’s just fast. Jelurida is in no hurry to bring this to the mainnet — not until it’s necessary, they say.

You can’t read that in the news.

It’s a matter of attitude. Some teams focus on GUI first, expensive video commercials and PR’s about killer features they haven’t even started to code yet. They show attitude. They prioritize influencers, “partnerships” with tech celebrities, little progress > big announcements. How else to make headlines? You gotta look like a million to make a million. Why? They find it necessary. And maybe it is just that.

If the users are impressed, it’ll start their engines. You’ll find them promoting the product to friends, sharing their belief in it on social media, youngsters so eager to be seen as first movers that “found” this awesome new tech, sooooo cool! Attitude.

The NRS (Nxt Reference Software) Client, which is still Jelurida’s official client for both Nxt, Ardor, and all child chains, was developed by an early Nxt community member, and it was one of 5+ great wallets back then. When the Nxt core developers decided to adopt it, other wallet devs stopped developing theirs, and the client GUI hasn’t changed much since, only more and more features have been added. Today, most people forgot — or wasn’t told — that it’s a “reference software client”, originally meant to be a dev tool. Every little button in it makes perfect sense for the core devs, but new crypto users, who aren’t expecting an advanced dev client, are scared off. What used to be the most impressive crypto wallet in existence has become overloaded, simply because core functionality has exploded. Now, we, the community, talk about the tech and the endless possibilities of combining Nxt’s and Ignis/Ardor’s features into new functionality. We get tired of talking… and then we talk some more, we can’t really onboard people by pointing them to an attractive user-friendly client, web wallet, or “official” mobile app, or an easy-to-understand website.

Do we have a problem? Yes. Is there a reason for it? Yes. And a good one:

Second generation smart contracts, lightweight, stateless, oracles, check. Easy KYC-and AML-ready token creation, 1-click dividend payments, inbuilt cross-chain DEX. Zero-fee transactions. Check, check, check. Parent-child chain architecture running in production. Scalable PoS solution. Subnets coming. And this week: another new stable Ardor main net version was released. Our problem? Who knows.

Ardor Platform Client — unparallelled features — for advanced users mostly

It’s a red sea, and many of those well funded, well-marketed blockchain visionaries that made it to the media and CMC top 20 are taking new headlines again: they have already burnt their millions it seems — even before launching a mainnet. Their celebrity promoters are being hunted down by TAX authorities, and yes… mainstream reporters LOVE IT! Breaking! Blockchain: oversold, overhyped, overbought, run by stupid inefficient market-crashing money-spending unregulated big fucking attitudes. With pretty but featureless wallets, mockups, whitepapers, and high market cap, all over the news. Large corporations must love it too, gives them a chance to catch up. But that’s the reported truth we’re up against. Backed by the market mayhem. They said they would have our features. They failed.

It’s a good time for Jelurida to show a new product. An attitude. To attract customers. To get more devs and blockchain-ready businesses to understand their BaaS offering. We’re so good, but others must build Dapps and attractive GUI’s to kick off any network effect. So darn good, that it’s a fact we have a better core tech than IBM, Amazon, Microsoft, Ethereum. What we do NOT have, though, is obvious proof, In-Yo-Face-proof, because proof is presented in an inaccessible way, unless you’re Jean-Luc, dev by the age of 2. For 4 years the core dev team’s attitude has been: build it and they’ll come. For 1 year it’s been: we’re here to sell our tech and do business. Spark a revolution, but make money and protect our IP. Scale and develop the shit out of the competition, decentralize everything, but also make sure that we, as real people, as a legal entity, can’t be convicted for anything illegal, even if it’s all decentralized.

To go viral, we need to start building useful Dapps, with UI/UX designers to onboard masses. 10 sec block times on the main net — not necessary, they say. Sure. Mainnet doesn’t have enough transactions at the moment for it to make sense, and Jelurida develops solutions for developers and businesses, not just for show. FOMO, ignore it, troll it, or love it. Nxt PoS, Ignis, and the Ardor platform, and the new version release might turn the tides. Win a great market share for what it is. Jelurida is a software company. They are here to build and hire. And show attitude. If you’re reading our newsletter, you know blockchain won’t go away. You might as well start programming. Choose an undervalued, scalable blockchain platform to work on, and come with a good attitude. Let us know what you’re working on. We are here to help.

JELURIDA

> Ardor v 2.2.1

This new stable release introduces Lightweight Contracts to the main net, new Max Crowdfund (formerly Dominium) child chain, Asset Properties, and API additions. This is a stable release and a mandatory upgrade for all nodes, with block 543000 (Jan 10) as the final deadline.

> Jelurida Is Hiring

Web and mobile developers
Senior server-side Java engineers
Website designer and UI/UX specialist

> New Hackathon Deadline and Events

Submit your contracts for the Ardor Lightweight Contracts Hackathon before January 10, 2019. The winners will be announced on January 31, 2019. This week Ignis/Ardor has been presented at blockchain events in Nigeria, London, and Madrid.

COMMUNITY

> A Week With Triffic

This week’s special guest: James Malach, founder and CEO of Triffic, and Coinerz Group. His GPS Early Bird Sale runs from December 3 until December 17, but this week, he is also announcing words for this week’s Nxter Puzzle.

> Tarasca DAO Auction

Original watercolor painting — tokenized and put on blockchain auction

The blockchain auction for 5 original Mythical Creatures artworks is live. Bid with IGNIS or AEUR directly in your Ardor Client. Tarasca DAO introduces the cards and their history on a new website, and you can meet’em @ ardor.rocks.

BUSINESS

> AEUR

If you like “real money” but want the advantages of the blockchain, you should look into the AEUR child chain. This Euro-pegged token is not just for money transfers and trading. This price stable Euro pegged blockchain token has more functionality than fairly estimated 95% of all blockchain tokens out there.

> MPG Accepts AEUR

Max Property Group (a.k.a. Dominium) accepts AEUR as a currency equal to EUR, which earns investors 20% more tokens this week. AEUR allows foreigners to also get this Euro discount. There are 2 weeks left of the ITO.

> EZYcount ICO: Final Days!

EZYcount offers lifetime software licenses for its accounting software, in the form of an innovative software license model based on the Ardor blockchain. Funds will be used to build in AI and expand. Last chance to buy at ICO prices.

DEVELOPMENT

>Contracts Security

Lior Yaffe explains the design that prevents Lightweight Contracts from locking user funds if the contract runner stops — the solution was found in Nxt.

This edition of Nxter News was first published in Nxter Magazine. Translations are published as they come in — Spanish | Russian | Chinese | Korean

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Arthur Penzl
Nxtermag

Updates from the IGNIS, Ardor and Nxt blockchain ecosystem.