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These tickets were sent for future events in Russia. Thank @madfox1234. $IGNIS @Ardor_Nxt_Group - @Nxter_org https://t.co/J8EYH3tJg5

@ardor_world
Oct. 13, 2018, 6 p.m.

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Roubini is Right

Reflecting on Nouriel Roubini’s cryptocurrency testimony at the senate on 12 October 2018.As an entrepreneur in public blockchain networks, my first reaction to this inaccurate and misleading testimony was to dismiss it as yet another horse carriage manufacturer speaking about steam cars, as a turbo propeller engine specialist referring to jet engines, as an MS-DOS user talking about Windows 1.0, or as a Nokia executive reviewing the first iPhone.Roubini looks at the crypto industry specifically through the lens of comparing it to the existing financial system. He is ignoring the vast potential of blockchain technology to disrupt other industries such as voting, identity, legal proofs, supply chain, land registries, real estate, and so on. From this narrow, financial sector point of view, one has to agree with some of the claims he makes.For example, I agree that crypto currencies have a long way to go before they can present a real alternative to existing fiat currencies and that existing crypto wallets do not provide enough protection for user funds.However, I believe that these problems will be addressed with time and that blockchain will mature into a robust technology which will improve many aspects of our lives, and the way we do business.In my view, the crypto industry should take this testimony as constructive criticism and consider how we can do better. I’ll do so for sure.Let’s discuss his pointsConsensus — I generally share his concerns around the massive energy consumption required by proof of work systems. This is why Jelurida’s core products, NXT and Ardor, are some of the pioneering solutions in energy efficient, proof of stake secured blockchain networks. But remember that these are early days for the industry and Roubini is, in a sense, looking at the first steam cars trying to predict how the Tesla 3 model will look.Scaling — Indeed, the existing single blockchain single token model does not scale. Existing cryptocurrencies do not have a way to remove transactions once they are no longer needed thus suffering from blockchain bloat, and blockchain protocols currently require that every transaction is processed by every node. Off chain solutions are in the early stages of development and therefore lack the stability and usability required for mainstream adoption.We at Jelurida understood these inherent problems years ago. Our flagship product, Ardor, is the first true multi-chain architecture deployed to production. It addresses the issue of blockchain bloat, and will remove the need for every node to process every transaction in the future. We have extensive plans for improving the platform in the coming months and years to make it a truly global scale solution.Regardless, blockchain engineers have a long way to go. Windows 1.0 wasn’t a very good product, but Windows 3.0 took the world by storm.Cloning — a sad fact that Roubini points out is that it is much more profitable to clone a blockchain and create new token supply under your control, than to contribute to an existing chain. This causes the industry to fragment into multiple, single purpose, competing products instead of consolidating into a robust and scalable blockchain ecosystem.However, this phenomenon is an inherent part of discovering the true potential and limitations of new technologies. Many of the existing clones are single chains requiring maintenance of a network of nodes by each of those teams. As multichain solutions like Ardor get more attention, I believe we will see a long-term trend toward outsourcing those networks of nodes in favor of joining an interoperable ecosystem where your blockchain can communicate with every other business’s blockchain. At Jelurida, we are anticipating this broader consolidation in the blockchain space. That’s why we are focusing on providing the tools to launch your own business-ready blockchain as a “child chain” secured by the Ardor “parent” chain’s decentralized network of nodes. This design means all child chains are interoperable — you can even try this out now, with our three existing child chains IGNIS, BITS, and AEUR, and soon with our newly announced DOM child chain.Security — indeed end user security is a huge problem for crypto users. Hardware wallets and multi-signature accounts provide partial solutions, but there are still big problems like sending funds to the wrong address. It is worth considering this issue exists in the current banking system as well — incalculable sums are lost by consumers each year when they make mistakes with where they wire their funds. In Ardor, we are addressing this using a foolproof feature we call transaction vouchers, which requires both parties to sign a transaction before it is submitted. You can follow a tutorial here to learn how to use this new feature.Market Manipulation — I agree that manipulation exists with trading of blockchain tokens, but due to the pseudonymous nature of the technology, it is almost impossible to estimate its scale. I believe this phenomenon is the exception not the norm and that its scale will further decline as the markets mature. In contrast, consider how fiat currency supply is constantly and publicly being manipulated by central banks.To summarize, Nouriel Roubini placed a mirror in front of the blockchain industry’s many faces. The picture reflected in the mirror is not pretty. Is it a picture of a frog that given the right attention from prince engineers will transform into a princess? Time will tell.Roubini is Right was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Oct. 13, 2018, 5:53 p.m.
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Roubini is Right

Reflecting on Nouriel Roubini’s cryptocurrency testimony at the senate on 12 October 2018.As an entrepreneur in public blockchain networks, my first reaction to this inaccurate and misleading testimony was to dismiss it as yet another horse carriage manufacturer speaking about steam cars, as a turbo propeller engine specialist referring to jet engines, as an MS-DOS user talking about Windows 1.0, or as a Nokia executive reviewing the first iPhone.Roubini looks at the crypto industry specifically through the lens of comparing it to the existing financial system. He is ignoring the vast potential of blockchain technology to disrupt other industries such as voting, identity, legal proofs, supply chain, land registries, real estate, and so on. From this narrow, financial sector point of view, one has to agree with some of the claims he makes.For example, I agree that crypto currencies have a long way to go before they can present a real alternative to existing fiat currencies and that existing crypto wallets do not provide enough protection for user funds.However, I believe that these problems will be addressed with time and that blockchain will mature into a robust technology which will improve many aspects of our lives, and the way we do business.In my view, the crypto industry should take this testimony as constructive criticism and consider how we can do better. I’ll do so for sure.Let’s discuss his pointsConsensus — I generally share his concerns around the massive energy consumption required by proof of work systems. This is why Jelurida’s core products, NXT and Ardor, are some of the pioneering solutions in energy efficient, proof of stake secured blockchain networks. But remember that these are early days for the industry and Roubini is, in a sense, looking at the first steam cars trying to predict how the Tesla 3 model will look.Scaling — Indeed, the existing single blockchain single token model does not scale. Existing cryptocurrencies do not have a way to remove transactions once they are no longer needed thus suffering from blockchain bloat, and blockchain protocols currently require that every transaction is processed by every node. Off chain solutions are in the early stages of development and therefore lack the stability and usability required for mainstream adoption.We at Jelurida understood these inherent problems years ago. Our flagship product, Ardor, is the first true multi-chain architecture deployed to production. It addresses the issue of blockchain bloat, and will remove the need for every node to process every transaction in the future. We have extensive plans for improving the platform in the coming months and years to make it a truly global scale solution.Regardless, blockchain engineers have a long way to go. Windows 1.0 wasn’t a very good product, but Windows 3.0 took the world by storm.Cloning — a sad fact that Roubini points out is that it is much more profitable to clone a blockchain and create new token supply under your control, than to contribute to an existing chain. This causes the industry to fragment into multiple, single purpose, competing products instead of consolidating into a robust and scalable blockchain ecosystem.However, this phenomenon is an inherent part of discovering the true potential and limitations of new technologies. Many of the existing clones are single chains requiring maintenance of a network of nodes by each of those teams. As multichain solutions like Ardor get more attention, I believe we will see a long-term trend toward outsourcing those networks of nodes in favor of joining an interoperable ecosystem where your blockchain can communicate with every other business’s blockchain. At Jelurida, we are anticipating this broader consolidation in the blockchain space. That’s why we are focusing on providing the tools to launch your own business-ready blockchain as a “child chain” secured by the Ardor “parent” chain’s decentralized network of nodes. This design means all child chains are interoperable — you can even try this out now, with our three existing child chains IGNIS, BITS, and AEUR, and soon with our newly announced DOM child chain.Security — indeed end user security is a huge problem for crypto users. Hardware wallets and multi-signature accounts provide partial solutions, but there are still big problems like sending funds to the wrong address. It is worth considering this issue exists in the current banking system as well — incalculable sums are lost by consumers each year when they make mistakes with where they wire their funds. In Ardor, we are addressing this using a foolproof feature we call transaction vouchers, which requires both parties to sign a transaction before it is submitted. You can follow a tutorial here to learn how to use this new feature.Market Manipulation — I agree that manipulation exists with trading of blockchain tokens, but due to the pseudonymous nature of the technology, it is almost impossible to estimate its scale. I believe this phenomenon is the exception not the norm and that its scale will further decline as the markets mature. In contrast, consider how fiat currency supply is constantly and publicly being manipulated by central banks.To summarize, Nouriel Roubini placed a mirror in front of the blockchain industry’s many faces. The picture reflected in the mirror is not pretty. Is it a picture of a frog that given the right attention from prince engineers will transform into a princess? Time will tell.

Oct. 13, 2018, 5:53 p.m.
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Roubini is Right

Reflecting on Nouriel Roubini’s cryptocurrency testimony at the senate on 12 October 2018.As an entrepreneur in public blockchain networks, my first reaction to this inaccurate and misleading testimony was to dismiss it as yet another horse carriage manufacturer speaking about steam cars, as a turbo propeller engine specialist referring to jet engines, as an MS-DOS user talking about Windows 1.0, or as a Nokia executive reviewing the first iPhone.Roubini looks at the crypto industry specifically through the lens of comparing it to the existing financial system. He is ignoring the vast potential of blockchain technology to disrupt other industries such as voting, identity, legal proofs, supply chain, land registries, real estate, and so on. From this narrow, financial sector point of view, one has to agree with some of the claims he makes.For example, I agree that crypto currencies have a long way to go before they can present a real alternative to existing fiat currencies and that existing crypto wallets do not provide enough protection for user funds.However, I believe that these problems will be addressed with time and that blockchain will mature into a robust technology which will improve many aspects of our lives, and the way we do business.In my view, the crypto industry should take this testimony as constructive criticism and consider how we can do better. I’ll do so for sure.Let’s discuss his pointsConsensus — I generally share his concerns around the massive energy consumption required by proof of work systems. This is why Jelurida’s core products, NXT and Ardor, are some of the pioneering solutions in energy efficient, proof of stake secured blockchain networks. But remember that these are early days for the industry and Roubini is, in a sense, looking at the first steam cars trying to predict how the Tesla 3 model will look.Scaling — Indeed, the existing single blockchain single token model does not scale. Existing cryptocurrencies do not have a way to remove transactions once they are no longer needed thus suffering from blockchain bloat, and blockchain protocols currently require that every transaction is processed by every node. Off chain solutions are in the early stages of development and therefore lack the stability and usability required for mainstream adoption.We at Jelurida understood these inherent problems years ago. Our flagship product, Ardor, is the first true multi-chain architecture deployed to production. It addresses the issue of blockchain bloat, and will remove the need for every node to process every transaction in the future. We have extensive plans for improving the platform in the coming months and years to make it a truly global scale solution.Regardless, blockchain engineers have a long way to go. Windows 1.0 wasn’t a very good product, but Windows 3.0 took the world by storm.Cloning — a sad fact that Roubini points out is that it is much more profitable to clone a blockchain and create new token supply under your control, than to contribute to an existing chain. This causes the industry to fragment into multiple, single purpose, competing products instead of consolidating into a robust and scalable blockchain ecosystem.However, this phenomenon is an inherent part of discovering the true potential and limitations of new technologies. Many of the existing clones are single chains requiring maintenance of a network of nodes by each of those teams. As multichain solutions like Ardor get more attention, I believe we will see a long-term trend toward outsourcing those networks of nodes in favor of joining an interoperable ecosystem where your blockchain can communicate with every other business’s blockchain. At Jelurida, we are anticipating this broader consolidation in the blockchain space. That’s why we are focusing on providing the tools to launch your own business-ready blockchain as a “child chain” secured by the Ardor “parent” chain’s decentralized network of nodes. This design means all child chains are interoperable — you can even try this out now, with our three existing child chains IGNIS, BITS, and AEUR, and soon with our newly announced DOM child chain.Security — indeed end user security is a huge problem for crypto users. Hardware wallets and multi-signature accounts provide partial solutions, but there are still big problems like sending funds to the wrong address. It is worth considering this issue exists in the current banking system as well — incalculable sums are lost by consumers each year when they make mistakes with where they wire their funds. In Ardor, we are addressing this using a foolproof feature we call transaction vouchers, which requires both parties to sign a transaction before it is submitted. You can follow a tutorial here to learn how to use this new feature.Market Manipulation — I agree that manipulation exists with trading of blockchain tokens, but due to the pseudonymous nature of the technology, it is almost impossible to estimate its scale. I believe this phenomenon is the exception not the norm and that its scale will further decline as the markets mature. In contrast, consider how fiat currency supply is constantly and publicly being manipulated by central banks.To summarize, Nouriel Roubini placed a mirror in front of the blockchain industry’s many faces. The picture reflected in the mirror is not pretty. Is it a picture of a frog that given the right attention from prince engineers will transform into a princess? Time will tell.Roubini is Right was originally published in Good Audience on Medium, where people are continuing the conversation by highlighting and responding to this story.

Oct. 13, 2018, 5:53 p.m.
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Ardor.World - News digest 10.10.18

/r/Ardor
Oct. 13, 2018, 4:57 p.m.
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RT @ardor_world_ru: Дайджест новостей 10.10.18 https://t.co/RqwFusVlDW $crypto $nxt $ARDR $ignis #ardor #nxt #ignis #blockchain #cryptoc…

@ardor_world
Oct. 13, 2018, 4:54 p.m.

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Дайджест новостей 10.10.18 https://www.ardor.world/ru/news/2018/10/13/dajdzhest-novostej-101018/ … $crypto $nxt $ARDR $ignis #ardor #nxt #ignis #blockchain #cryptocurrency #CryptoNews #криптовалюты #блокчей pic.twitter.com/V4TgfKtFxB

@ardor_world
Oct. 13, 2018, 4:54 p.m.

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News digest 10.10.18 https://t.co/qpyzuyWdlz $ARDR $IGNIS $NXT #Ardor #Ignis #Nxt #cryptocurrencies #crypto… https://t.co/JFtZuhpuMF

@ardor_world
Oct. 13, 2018, 4:52 p.m.

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RT @AvdiuSazan: Curious about latest blockchain buzzwords Sidechains, Childchains, Proof-of-stake & Blockchain-as-a-service? Enroll the fre…

@ArdorPlatform
Oct. 13, 2018, 10:33 a.m.

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RT @AvdiuSazan: My $NXT Full Solar 🌞Node from 2015 🌿 As a reminder to all Proof-of-stake newcomers #Ethereum #Casper #tezos #Cardano #Cosmo…

@NxtCommunity
Oct. 13, 2018, 10:03 a.m.

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RT @CoinDiaryNews: Changelly Partnered With Jelurida - https://t.co/Jcjs4lSGRy @Jelurida @Changelly_team #Jelurida #Changelly #BLockchain #…

@Jelurida
Oct. 13, 2018, 9:56 a.m.

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Earn ROCKS asset by simply participating in Ardor Rocks!

/r/Ardor
Oct. 13, 2018, 9:54 a.m.
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"Transaction Vouchers on the #Ardor 2.1.2 mainnet provide an unparalleled level of security for financial transacti… https://t.co/kdoYNMx4vZ

@ArdorPlatform
Oct. 13, 2018, 8:27 a.m.

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Did you miss what advantages $IGNIS has over all other #Ardor #childchains? This #crypto token is as important as… https://t.co/WO7YgoWOLW

@Nxter_org
Oct. 13, 2018, 8:25 a.m.

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RT @AvdiuSazan: How Ardor Platform Could Revolutionize the Crypto Industry Built by @jelurida, the company behind $NXT blockchain, the #Ard…

@ArdorPlatform
Oct. 13, 2018, 8:21 a.m.

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Our $ARDR $NXT $IGNIS #crypto Newsletter (Oct II) is here in English: https://t.co/hm6wHm20l3 #Spanish Nxters, yo… https://t.co/qbSXFdIzbR

@Nxter_org
Oct. 13, 2018, 8:05 a.m.

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NOW 3000 $IGNIS plus some #MUSIC to the first person that solves this #NxterPuzzle #contest! Find the owners of the… https://t.co/Hi20RNRngx

@Nxter_org
Oct. 13, 2018, 7:57 a.m.

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A new article and series of infographics detail how the #Ardor platform's end-to-end services — #FullBaaS — stand o… https://t.co/9lRXEDHjQ8

@IGNISguide
Oct. 13, 2018, 7:17 a.m.

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Programming Blockchain

Whats the skillet of a blockchain dev?

/r/Ardor
Oct. 13, 2018, 4:20 a.m.
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RT @Dominium_me: These Blockchain Millionaires Whom You’ve Never Heard of Are Disrupting a $217 Trillion Market PRESS RELEASE https://t.co/…

@Jelurida
Oct. 12, 2018, 6:28 p.m.

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RT @madfox1234: Our @Nxter_org October I puzzle is still unsolved and additional prize has been added: 2500 $MUSIC to allow all #music peop…

@ArdorPlatform
Oct. 12, 2018, 6:20 p.m.

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$ARDR $NXT Group sponsored the first #Ardor #meetup in #Brazil. #blockchain enthusiasts came sporting their… https://t.co/wflDoXZ9K1

@Ardor_Nxt_Group
Oct. 12, 2018, 4:55 p.m.

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Nxter News – Octubre 2018 (II): Un Viaje de Mil Millas Comienza con Un Primer Paso

Nxter News | Octubre 2018 (II) Un Viaje de Mil Millas Comienza con Un Primer Paso Lao Tzu ¡Bienvenidos apreciados Nexteros y resto de seguidores! Los viajes requieren planificación, esfuerzo, tiempo... y un millón de otros detalles para que todo salga bien. El primer paso dado por Neil Armstrong en la Luna fue un pequeño paso ... Read more The post Nxter News – Octubre 2018 (II): Un Viaje de Mil Millas Comienza con Un Primer Paso appeared first on NXTER.ORG.

Oct. 12, 2018, 4:40 p.m.
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RT @efunkonline: Pretty impressive #dApp demo! Not going to lie, was not expecting it to look this good! #ardor can overtake #eth as a plat…

@ArdorPlatform
Oct. 12, 2018, 3:51 p.m.

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Key factors of a successful team in a #crypto startup: - Experienced founders, committed advisors @veronciatorras… https://t.co/GWj7GQPNFX

@ArdorPlatform
Oct. 12, 2018, 12:56 p.m.

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Dominium and Jelurida announce the Dominium blockchain today

/r/Ardor
Oct. 12, 2018, 10:49 a.m.
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Are you at the @RuhrSummit? Come and visit our stand! @fsarrias #blockchain #Jelurida #Ardor #startup https://t.co/WT3EsuDtqz

@Jelurida
Oct. 12, 2018, 10:07 a.m.

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Check it out! @ crypto_ninjas picked up recent news of #Ardor 2.1.2's business-ready features. #TransactionVouchers… https://t.co/tmqW2N6W2a

@ArdorPlatform
Oct. 12, 2018, 9:38 a.m.

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.@Jelurida has eliminated a key barrier to entry for businesses looking to integrate their offerings w/ the… https://t.co/89OCnDxEjh

@IGNISguide
Oct. 11, 2018, 10 p.m.

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.@Jelurida redefines #Blockchain as a Service w/ #Ardor's pioneering architecture that allows businesses to quickly… https://t.co/G0eeEbdzUa

@ArdorPlatform
Oct. 11, 2018, 3:52 p.m.

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RT @JolyGod: The unique parentchild chain architecture of #Ardor, with a single security chain and multiple transactional chains, offers th…

@ArdorPlatform
Oct. 11, 2018, 3:03 p.m.

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Nxter 新闻 – 2018年10月 (II): 千里之行，始于足下

Nxter新闻| 2018年10月（二）千里之行始于足下老子欢迎，亲爱的Nxters和其他粉丝！旅程需 ... Read more The post Nxter 新闻 – 2018年10月 (II): 千里之行，始于足下 appeared first on NXTER.ORG.

Oct. 11, 2018, 11:57 a.m.
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RT @CryptoDemetrius: Thanks for the write up on new feature releases on #Ardor platform, @IbinexNews. Excited to see how the #BlockchainAsA…

@Jelurida
Oct. 11, 2018, 11:35 a.m.

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The @RuhrSummit is about to begin with conferences and B2B meetings https://t.co/bzi0uhs3bL @fsarrias from… https://t.co/68OTqrSNy7

@Jelurida
Oct. 11, 2018, 8:04 a.m.

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RT @wire_master: Hop on the https://t.co/czJQLYRQ4v bus and gain $ROCKS while using the platform! And don't forget to solve the Ardor Rock…

@ArdorPlatform
Oct. 11, 2018, 7:53 a.m.

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BitcoinexchangeGuide: Jelurida Blockchain SaaS Company Introduces New Ardor Version to Improve Security

/r/Ardor
Oct. 11, 2018, 7:37 a.m.
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RT @jrgros: Take a closer look at @Jelurida’s projects. Look deep into $Nxt, $Ardr, and $Ignis. Blockchain Ardor: Tutorial Seminar on Turi…

@Jelurida
Oct. 11, 2018, 7:35 a.m.

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Check out the “Introductory Tour of #Ardor Parent Chain’s Features — Blockchain Ardor Part 3” by @Cryptodemetrius a… https://t.co/0KOqSbbkI4

@IGNISguide
Oct. 11, 2018, 7:17 a.m.

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All updates on one page! $ARDR $NXT $IGNIS $Ardor #Ardor #Ignis #Nxt #IgnisTotheMoon 🚀🌝 Link:… https://t.co/CRnEk2Pzjh

@ardor_world
Oct. 10, 2018, 6:48 p.m.

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Now that #Ardor 2.1.2 has been released, development continues full steam ahead. Next in the pipeline is using… https://t.co/o0ajaWv7ur

@lioryaffe
Oct. 10, 2018, 5:02 p.m.

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RT @AvdiuSazan: How does Ardor work? The parent chain uses the #Ardor token for the consensus mechanism to secure the whole platform, inclu…

@ArdorPlatform
Oct. 10, 2018, 4:55 p.m.

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#Nxter Newsletter - October II https://t.co/r3l0ww3U7B #Ardor and $NXT mainnet upgrades, win 2000 $IGNIS with… https://t.co/MJBKR4gQuk

@Nxter_org
Oct. 10, 2018, 1:57 p.m.

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Nxter News – October 2018 (II): The Journey Of A Thousand Miles Begins With One Step

Nxter News | October 2018 (II) The Journey Of A Thousand Miles Begins With One Step Lao Tzu Welcome, dear Nxters and other followers! Journeys require planning, effort, time, and a million little things to go right. Neil Armstrong's first step on the Moon was a small step for him that was the culmination of millions ... Read more The post Nxter News – October 2018 (II): The Journey Of A Thousand Miles Begins With One Step appeared first on NXTER.ORG.

Oct. 10, 2018, 12:49 p.m.
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Being a startup in the #Crypto sector is even more challenging than just a regular tech startup, because there are… https://t.co/ABhzdmMCi8

@IGNISguide
Oct. 10, 2018, 10:52 a.m.

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Triffic white paper

The new Triffic white paper is available. Check out triffic.world .

/r/Ardor
Oct. 10, 2018, 10:37 a.m.
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Learn about the challenges of the industry when you try to start a #blockchain company from @veronicatorras from… https://t.co/5NUVRVnIPE

@ArdorPlatform
Oct. 10, 2018, 9:47 a.m.

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ICYMI: #Nxt v1.11.15 is released! This is MANDATORY UPGRADE for everybody! https://t.co/cS81n4Brnl (Nxt downloads)… https://t.co/tVzqjkBZX4

@Jelurida
Oct. 10, 2018, 7:27 a.m.

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Only two days left with 0% fee commission on $ARDR and $NXT exchange at @Changehero_io https://t.co/2m1h8a2kPD… https://t.co/8PymRq0OCO

@Jelurida
Oct. 10, 2018, 7:16 a.m.

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RT @crypto_ninjas: https://t.co/ZIvd18bae4 | @Jelurida improves transaction security, adds sponsored fees and @Changelly exchange plug-in

@Jelurida
Oct. 10, 2018, 7:04 a.m.

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RT @duranaca: Great article by our friend @veronicatorras In an effort to get some clarity in a world that is confusing in principle “Redef…

@ArdorPlatform
Oct. 10, 2018, 6:51 a.m.

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