nxt vs bitcoin

Buy Cryptocoins Please select a cryptocoin, the payment provider and the amount of EUR you want to spend.The quoted price is an estimate and will be finalized on the last step.Select a Cryptocoin Bitcoin Ethereum Dash Litecoin 2.Choose the payment provider 3.Choose amount to spend or receive Base price per Spend Receive Next Step Historic Price Chart Cryptocoin InformationThree weeks ago, NXT announced Ardor, a child chain platform built for anyone.This Blockchain-as-a-service platform will allow users to create their own sidechain’s, while still being able to communicate with the main NXT blockchain.This will allow regular users to benefit from lower storage requirements while still being able to interact with other sidechains and the main NXT 2.0 blockchain, bringing along features like asset-to-asset exchange (a long requested featured in the NXT platform and cross chain asset trading.The announcement seems to have been well received by the crypto community as NXT experienced a 157% rise in value since the day of the announcement.
This increase in value was bound to happen, considering that the only way to get Ardor is through NXT balance.This effect can also be observed in Ethereum that shot up a few days after the creation period for The DAO started.But unlike an ICO or a creation period, The NXT foundation will distribute the Ardor tokens throughout users depending on their NXT balance at a ratio of 1 Ardor token for 1 NXT, meaning that users will get to keep both NXT and Ardor tokens.free bitcoin botnetThis will be achieved through a snapshot campaign that will run from July 14th to October 12th.ethereum hardware walletDuring this period, daily snapshots of the NXT balances in the user’s wallets will be taken hourly,  and will then be averaged and the Ardor tokens will be uniformly distributed across users.bitcoin loophole
Major exchanges Poloniex, BTC38, and Bittrex have also agreed to participate snapshot and distribution process being the Ardor creation, allowing users who don’t have an NXT wallet to still benefit from this campaign, and opening the doors for simple fiat currency investments and allowing users to safely trade NXT without the fear of missing out on Ardor.Other exchanges may also follow suit by setting up the Ardor snapshotting system for their customers.bitcoin mlm softwareThe Ardor platform will not be available at the end of the distribution process in October, but tokens can be exchanged freely until its release during the third quarter of 2017.bitcoin podcast plan bBas Wisselink, Director, Nxt Foundation said: This is a really exciting time for Nxt users and people who wouldn’t normally engage with the cryptocurrency world.bitcoin to gbp graph
Many of the concerns our users had with regard to scalability and the ability to customize individual chains using the central Blockchain have been addressed with the design of Ardor.The introduction of Fiat currency exchange will enable retail investors and people beyond the Fintech and investment world to access the benefits of a decentralized asset exchange in these uncertain times.Users who simply want to hold NXT until the distribution period can do so while forging more NXT.bitcoin france atmConsidering that the cryptocurrency has a Proof of Stake consensus algorithm, users can earn rewards from transaction fees proportional to their NXT balance while contributing to the NXT blockchain and ecosystem as a whole.ethereum apple payThe best place to start today would be Ethereum, because when you download the Mist wallet, it gives you detailed instructions on how to launch your own cryptocurrency.It also has the largest development community of all the cryptocurrencies, which means that it will have the best resources for you to improve your cryptocurrency and experiment.Actually, I’m curious about how you are going to link your currency to the price of an external asset if it isn’t backed by the asset?bitcoin foundation russia
Are you going to buy and sell the currency to make sure price stays in line with that of external asset?How do you manage this price link?(Serious question, not trying to be a wise ass or anything, I’m just trying to understand how it will work).If you use Ripple, NXT and Ethereum, you have to pay the underlying networks to run on top of them.You can make a new cryptocyrrency, like the ones you can see in coinmarketcap.You can create your own, with a developer to specify it's properties.So all roads are open, you just have to choose.commits branches releases Fetching contributors Apache-2.0 Fetching latest commit… README.md TokenExchange Version 4 TokenExchange is a NRS add-on that automates the process of exchanging Nxt currency for Bitcoins and issuing Nxt currency when receiving Bitcoins.TokenExchange Version 4 stores the Bitcoin wallet in SQL tables stored in either the NRS database or a database managed by an external server.If the tables are stored in the NRS database, be sure to empty the Bitcoin wallet before deleting the NRS database directory or your coins will be lost.
TokenExchange watches for currency transfer transactions for the specified currency.If the transfer is to the redemption Nxt account, a Bitcoin transaction will be initiated to send the equivalent amount of Bitcoins to the Bitcoin address that was specified as a message attached to the transfer transaction.The attached message must be a plain or encrypted prunable message.TokenExchange watches for Bitcoins sent to a Bitcoin address that has been associated with a Nxt account.The Bitcoin transaction must be P2PKH (pay to public key hash).A Nxt transaction will be initiated to send the equivalent amount of currency units to the associated Nxt account.The TokenExchange Bitcoin wallet will need to be funded with Bitcoins in order to process token redemptions.A Bitcoin address is automatically assigned to the NXT redemption account and can be displayed using the TokenExchange GetStatus API.You can send Bitcoins to this address whenever the Bitcoin wallet needs to be funded.The TokenExchange GetBalance API request will return the current wallet balance.
The TokenExchange SendBitcoins API can be used to send Bitcoins to an external Bitcoin address if you want to reduce the current wallet balance.The TokenExchange EmptyWallet API can be used to send all of the bitcoins in the wallet to an external Bitcoin address.The token-exchange.properties configuration file controls the operation of TokenExchange.The configuration file contains the following fields: exchangeRate=nnn.nnn This specifies the initial value of a single currency unit in Bitcoins.For example, a value of 0.001 indicates that 1 currency unit is equal to 0.001 Bitcoins.The exchange rate can be changed using the TokenExchange SetExchangeRate API.A maximum of 8 decimal places can be specified.currency=xxxxx This specifies the 3-5 character Nxt currency code that will be used for the token exchange.secretPhrase=secret-phrase This specifies the NXT account used to issue currency and process redemption requests.nxtConfirmations=n This specifies the number of blocks following the block containing a Nxt transaction before the transaction will be processed.
bitcoinConfirmations=n This specifies the number of blocks following the block containing a Bitcoin transaction before the transaction will be processed.bitcoinTxFee=nn.nn This specifies the Bitcoin transaction fee in BTC/KB.A send request with one input and two outputs is 226 bytes.bitcoinServer=host:port A local Bitcoin server will be used if one is found.If there is no local server, then the server specified by this field will be used.A set of random servers will be selected if this field is not specified.dbType=type NRS specifies the database managed by the NRS server and is the default.H2 specifies a database managed by a separate H2 database server.POSTGRESQL specifies a database managed by a separate PostgreSQL database server.dbURL=url This specifies the URL used to connect to an external database server and is ignored for the NRS database.The URL format is defined by the external database server.H2 server: jdbc:h2:tcp://host:port/db-path (uses TCP/IP connection) Local PostgreSQL server: jdbc:postgresql:database (uses Unix socket connection) Remote PostgreSQL server: jdbc:postgresql://host:port/database (uses TCP/IP connection) dbUser=user This specifies the user for a connection to an external database server and is ignored for the NRS database.
dbPassword=password This specifies the password for a connection to an external database server and is ignored for the NRS database.TokenExchange API TokenExchange provides an NRS API under the ADDONS tag with 'requestType=tokenExchange'.The NRS test page (http://localhost:7876/test) can be used to issue requests or an application can issue its own HTTP requests (http://localhost:7876/nxt?requestType=tokenExchange&function=name&adminPassword=administrator-password).Nxt transactions represent requests to redeem tokens and send Bitcoins.Bitcoin transactions represent requests to issue tokens for the received Bitcoins.The following functions are available: DeleteAddress Delete a bitcoin address associated with a Nxt user.Specify 'function=deleteAddress&address=s' in the HTTP request.Any Bitcoins sent to the address after it has been deleted will be lost.EmptyWallet Empty the Bitcoin wallet and send all of the coins to the target address.The transaction fee will be subtracted from the amount sent.
Specify 'function=emptyWallet&address=string' in the HTTP request.GetAccounts List bitcoin addresses that are associated with NXT users.Specify 'function=getAccounts&account=n&address=s' in the HTTP request.Specify 'account' to return the bitcoin addresses associated with that NXT account or specify 'address' to return the NXT account associated with that bitcoin address.All addresses are returned if neither parameter is specified.GetAddress Get the bitcoin address associated with a Nxt account.Specify 'function=getAddress&account=nxt-account&publicKey=hex-string' in the HTTP request.Bitcoins sent to this address will cause tokens to be issued to the associated Nxt account.The public key is optional but should be specified for a new Nxt account to increase the security of the account.A new address will be generated if the Nxt account does not have an address or if the current address has been used.Otherwise, the current address is returned.GetBitcoinTransactions List transactions received by the Bitcoin wallet for addresses associated with NXT accounts.
Specify 'function=getBitcoinTransactions&address=s&height=n&includeExchanged=true|false' in the HTTP request.This will return all transactions at or after the specified Bitcoin block chain height.The height defaults to 0 if it is not specified.Specify the 'address' parameter to limit the list to transactions for that address.Otherwise, all transactions are returned.Specify the 'includeExchanged' parameter to return transactions that have been processed as well as pending transactions.Otherwise, only pending transactions are returned.GetNxtTransactions List currency tokens that have been redeemed.Specify 'function=getNxtTransactions&height=n&includeExchanged=true|false' in the HTTP request.This will return all transactions at or after the specified Nxt block chain height.The 'includeExchanged' parameter is 'true' to return exchanged tokens in addition to tokens that have not been exchanged.Only pending tokens are returned if 'false' is specified or the parameter is omitted.GetStatus Get the current TokenExchange status.
Specify 'function=getStatus' in the HTTP request.Resume Resume sending bitcoins for redeemed tokens and issuing tokens for received bitcoins.Specify 'function=resume' in the HTTP request.Pending requests will be processed and normal processing will resume.RollbackChain Roll back the Bitcoin block chain to the specified height.Specify 'function=rollbackChain&height=n' in the HTTP request.This function can be used to recover transactions that are in blocks but were not processed previously.A new best chain will be constructed when the next block is received from the network.SendBitcoins Send Bitcoins from the SPV wallet.Specify 'function=sendBitcoins&address=string&amount=number' in the HTTP request.SetExchangeRate Set the token exchange rate.Specify 'function=setExchangeRate&rate=number' in the HTTP request.The initial exchange rate is specified by 'exchangeRate' in token-exchange.properties when the TokenExchange database is created.The rate set by SetExchangeRate will be used until a new rate is specified and will persist across server restarts.
Suspend Stop sending bitcoins for redeemed tokens and issuing tokens for received bitcoins.Specify 'function=suspend' in the HTTP request.Token redemption requests and bitcoin deposits will still be added to the database but the requests will not be processed until sending is resumed or the NRS server is restarted.Installation Extract the files to the Nxt installation directory cd nxt tar xf TokenExchange-v.r.m.tar.gz Check for duplicates in nxt/addons/lib.A duplicate is a jar file with the same name as another file but with a different v.r.m.When duplicates are found, you should keep the latest one and delete the earlier one.If TokenExchange is the only NRS addon installed, you can just erase all of the files in nxt/addons/lib before unpacking the tar file.Copy token-exchange.properties to the 'conf' subdirectory of the NRS application data directory.Fill in the configuration parameters for your installation.Read access should be restricted to the NRS application.