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Nxt / Ardor Historical Timeline

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Elizabeth Mong
Elizabeth Mong

A history of the Nxt Cryptocurrency over four years of development to the launch of Ardor. Ardor is a blockchain platform that evolved from NXT and offers solutions to scalability and ease of use for business blockchain applications.

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INTRO¡°It was a bright cold day in April, and the clocks were striking thirteen.¡± These immortal words began George Orwell¡¯s 1984 and were to be the passphrase to the Nxt genesis account. BCNext, the anonymous founder of Nxt, had a vision. BCNext saw Bitcoin as a failed attempt to create a digital economy and so he created Nxt as a platform to build a digital economy upon. He wanted Nxt to be more than a currency, his vision was for Nxt to be a platform with easy implementation of new features. In September, 2013 he appeared on Bitcointalk (BCT) to announce Nxt, the ?rst 100% Proof-of-Stake (PoS) blockchain.
2013 Nxt / Ardor Timeline The beginning: at ?rst the BCT community was not sure what to make of this idea Voting began about the ?rst advanced features to implement. The choice was between messaging, two-phase payment, a voting system, and colored coins. $1,500 USD was raised. (28-09-13) BCNext announced the NXT ICO on Bitcointalk. There would be 1,000,000,000 coins with only integer amounts. The fundraising target was 99.5 BTC (18-10-2013) BCNext announced that after the genesis block is approved he will use the funds for further project development of advanced features and services September October
Fundraising for Nxt ends, 21 BTC was raised. BCNext posts for the last time on BCT. He never wanted to be the face of Nxt - his vision was a decentralized and community driven platform. Come-from-Beyond (CfB) announced that BCNext would communicate to the community through him. CfB said that BCNext was frustrated that many of the 73 stakeholders were not actively contributing to help Nxt by running nodes or supporting Nxt bounties or participating in any promotional activities. Powerless to force them to contribute, BCNext announced that he might quit the Nxt project and contribute his ideas to a competitor. BCNext¡¯s vision of a decentralized and community driven blockchain is fracturing as only small segments of the community take active interest. December (24-11-2013) The Genesis block was launched. 1,000,000,000 NXT were distributed to the 73 stakeholders according to their levels of contribution. (28-11-2013) Dgex created ?rst NXT/BTC exchange November
December (09-12-2013) Jean-Luc replied to BCNext: ¡°All of us that spend most of our waking hours following Nxt development tend to forget that not everybody has the time, technical knowledge, and interest, to do so. These ¡®stakeholders,¡¯ myself included, tend to invest in a variety of crypto-related things. Somebody with a full time job absolutely doesn't have the time to follow the development in all the areas he has invested in, let alone actively participate. Let's not forget that the maximum investment was capped at 1BTC. With so many projects out there, the interest occasionally is passive. Many of the Nxt stakeholders may have the same attitude towards Nxt - they put some money in it, just in case, and moved on because they are busy with other things. We have to accept this behavior as normal, and BCNext should not risk ruining the entire project because of it.¡± (26-12-2013) Nxt source code sent to one skilled Java programmer for peer review. Discussion begins about retaining full time positions for Nxt software development. (27-12-2013) First posting for skilled Java programmers to join the Nxt core dev team. (28-12-2013) Jean-Luc joined the Nxt core dev team as the leader of core development. Nxt surpassed 1000 accounts.
(29-12-2013) There is internal debate among community members over the direction of Nxt. Some want to develop new features, while others want to have a focused marketing campaign to raise awareness. Millions of tokens are unclaimed by one of the stakeholders. These stats show how the community is not diversi?ed enough from the original stakeholders: The top 10 accounts own 41% of all NXT. The top 20 accounts own 55% of all NXT. The top 30 accounts own 66% of all NXT. The top 40 accounts own 74% of all NXT. The top 50 accounts own 79% of all NXT. December
BCNext is asked questions about the direction of Nxt and many are unhappy with his ¡°greedy founders¡± rhetoric. Nxt is supposed to be worked on by a signi?cant part of the community and yet it is only in hands of a few talented developers. 2014 January February (13-01-2014) Launch of Nxter, a community driven project lead by apenzl. Nxter Magazine would become the best source of news and analysis for Nxt coverage. (14-01-2014) NXT Messaging arrived at block 40000. Community busy developing. (11-02-2014) Asset exchange - on the 11th of February the public test begins! (03-01-2014) CFB Nxt source code was released on 03.01.2014 with 3 ?aws intentionally injected by BCNext. The 1st person to ?nd and report these ?aws were promised to get a 1¡¯000, 10¡¯000 or 100¡¯000 NXT reward.
The full source code was released to the public on March 1st, 2014 under the MIT License. Three funding committees were established to control nine million unclaimed NXT from the genesis block. Jean-Luc continued to lead the dev team The community elected committees to control the unclaimed coins. (07-03-2014) The TechDev Committee, an Infrastructure Committee, and a Nxt Marketing Fund Committee were created with ?ve community-elected members in each. Proposals for funding from each committee would be voted upon by the community at large. (22-03-2014) Nxtforum website launched. (29-03-2014) Jean-Luc resigned from committee over the community¡¯s refusal to form an official legal entity, not accepting the resulting personal legal risk. He wanted to only develop code for Nxt and not play a part in the larger decision making process of the community - a role the community thrust upon him. He refused to be included in roles beyond software architecture and design. March
April CfB announced that BCNext left the Nxt project permanently. Despite this the community continued to grow. Under Jean-Luc and the contributing members of the dev team the Nxt platform grew in sophistication and offered new functionality that would later be copied by many following blockchains. (14-04-2014) Nxt BitCoin Talk forum thread locked after an amazing 2763 pages.
The launch of the Asset Exchange, a ?rst in the blockchain community. Nxt suffers a big attack and GLEFU saved the network (11-05-2014) NXT.org website launched (19-06-2014) Massive DDoS attack on the network; GLEFU saves the day (20-06-2014) Jean - Luc wrote up on the GLEFU incident: ¡°Interesting how far a discussion based on incorrect assumptions can go. There has been no malformed or malicious transaction whatsoever. There is no bug in the Asset Exchange code. The only bug was in the calculation of uncon?rmed balances for accounts that long time ago had a transaction with referenced transaction set, while having a balance less than 100 NXT. It resulted in those accounts being incorrectly refunded a deposit against their uncon?rmed balance, which deposit they never paid in the ?rst place, thus leading to the uncon?rmed balance being higher than the real balance. The ?x was to start deducting/refunding this deposit only after a certain block, in the past, at a point where this logic was already there.¡± May
July August The Nxt white paper is released. This also marked the beginning of the community members branching off and starting their own projects. Eventually they include: LISK - Max, KOMODO - jl777, WAVES - Sasha Ivanov, JINN - Team CFB, IOTA - Team CFB Community member jl777, a very active Nxt visionary and programmer announced SuperNetwork and user Triangle presented JINN (15-08-2014) The BTER exchange was hacked and 50M NXT were stolen. Jean-Luc released several software updates for the community of forgers to decide the outcome. It was decided not to roll back the blockchain and not to continue the negotiation with the hacker.
Nxt celebrates its ?rst birthday. Many new versions of Nxt are released to improve the functionality and stability of this revolutionary blockchain. Core developer Lior Yaffe announces that they are working on the Coin Shuffling feature. November
The NXT Foundation is now officially registered as a non-pro?t organisation (Stichting) in the Netherlands. The Voting System, Phasing, and Client Plugin System are all added to Nxt. 2015 March The European Securities and Markets Authority (ESMA) published responses to their call for evidence. If you're not at the table you're on the menu August
The Tennessee Project is proposed with the following goals: a major increase in and professionalisation of Nxt marketing, improving the Nxt user experience, in terms of ease of use, support and documentation, and the acquisition of leads to both incorporate Nxt into real world applications and businesses, and attracting investors to the platform. (08-10-2015) Bas Wisselink presents The Tennessee Project with the goal of raising a set amount of funding and increasing awareness of Nxt. (16-10-2015) The Tennessee Project timeline over the next 12 months is released, 10M NXT target for funding revealed. (17-10-2015) Growth of the community 10 largest accounts have 22.4% 50 largest accounts have 53.7% 100 largest accounts have 67.9% 500 largest accounts have 88.3% (25-10-2015) Tennessee Project reached target funding goal October
Lior Yaffe is introduced as the new Core Project Manager. Nxt celebrates its second birthday and new features are added including prunable plain and encrypted message attachments, account control for phased transactions and the 1000 NXT minimum for forging balance is instituted. November Vitalik, founder of Ethereum, mentions that their PoS algorithm will use Nxt ideas - including Nxt-style random number generator to determine who can generate a block at each height. December
Bounties are issued to try and break the CoinShuffle technology. Community engagement helped the core dev team identify bugs. (04-02-2016) Tennessee Project redesigned Nxt Wikipedia page (08-02-2016) Jean-Luc posted the core development team¡¯s vision for the next important step in Nxt¡¯s evolution - the idea of a parent/child chain architecture is developed. (10-02-2016) Nxt Foundation joined Linux Foundation and HyperLedger. 2016 January The dev team announced their vision of the future - a new main chain made up of child chains that are pruned every 1440 blocks, with child chain token exchange rates with parent token determined by market forces. February
Nxt 2.0 Roadmap announced, later named Ardor. The National Settlement Depository (NSD), Russia¡¯s central securities depository, developed and successfully tested an e-proxy voting system running on a distributed ledger built with the NXT distributed cryptographic platform. Community member Megalodon destroyed 1M NXT by sending it to the genesis block, wiping it from existence, total supply of NXT now 999M Ardor Snapshot began, lasting over three months with the average NXT balance during that three month span being the equivalent amount of ARDR tokens being distributed to Nxt holders. June July (22-06-2016) Nxt article in Forbes announced Ardor (09-07-2016) Ardor Platform website launched (14-07-2016) ¡°Snapshots of account balances will start on an hourly basis, starting on July 14th (block 870,400) to October 12th (block 1,000,000). Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th.¡± May
After community debate, the name Ignis was chosen for the ?rst Ardor child chain. Later at the launch of Ardor, NXT holders would get IGNIS token airdropped into their account at the rate of 0.5 for every 1 NXT in their account. Jelurida BV is incorporated in the Netherlands for the purpose of owning the Nxt and Ardor IP. An important change to the copyright of the GPLv2 license followed: the Jelurida Public License (JPL). At Nxt block height 1000000 all 999M ARDR tokens are distributed. There is a 1:1 ratio with NXT tokens. Nxt has been running continuously for three years October November (13-10-2016) Block 1000000, Ardor Distribution (14-10-2016) Version 1.10.3 is launched under new copyright. The copyright of all GPLv2 code contributed to the Nxt Reference Software now belongs to Jelurida B.V. September
The ?rst release of the Ardor testnet. It represents the ?rst milestone in the building of the Ardor platform. New Features include: Forging Chain, Child Chains, Coin Exchange, Bundling, Peer Networking, New APIs, Transaction types and bytes format. 2017 The Jelurida Public License (JPL) was announced in order to protect the Nxt ecosystem from being diluted by clones of the Nxt blockchain July (29-07-2017) Nxt Version 1.11.6 is launched under JPL, with the Special Conditions requiring a 10% airdrop to the NXT holders from Nxt clones. February
IGNIS ICO begins with up to 420M JLRDA tokens available for purchase over three months on the Nxt blockchain with goal of gauging public interest in Jelurida actively z`maintaining Nxt with the new year launch of Ardor. Whales gobble up the ?rst two batches of NXT prompting the dev team to release a new NRS update to ensure every- one can participate. 500M IGNIS tokens are reserved for an airdrop to NXT holders. With the Nxt Foundation ?oundering and with insufficient powers, a new administrative body: the Ardor Nxt Group (ANG) is announced. Travin Keith is the interim director until permanent one is hired. The IGNIS ICO ends with over $15M raised. This is enough funds to actively develop and maintain the Nxt blockchain for at least the next three years. Nxt turns four years old. October November (24-11-2017) Jelurida released Ardor source code on Nxt¡¯s fourth birthday August
A new director for the ANG is found. Jelurida announces that a Nxt Snapshot will occur at block height 1636363 on December 28th. On Ardor¡¯s launch all Nxt accounts with a balance will receive 0.5 IGNIS per 1 NXT. December (05-12-2017) Travin Keith announced: ¡°Hello everyone, I am happy to announce that though there was only one candidate who quali?ed after all the interest has been expressed and so there will be no election, it¡¯s none other than Elizabeth, formerly known as qbtc, who will be the new Director of ANG after the Interim Period. For the rest of the Interim Period, she will be actively working towards the growth of ANG and its foundation before January 15th. Congratulations Elizabeth!¡± 500M IGNIS were given away as a free airdrop to all NXT owners with supported wallets¡¯s the IGNIS tokens were not distributed on the Nxt blockchain, and not before the launch of Ardor.
Ardor goes into production at 001:001:00 UTC on January 1st. 500M IGNIS are given away as a free airdrop to all NXT owners with supported wallets. Ardor is now its own blockchain and is no longer a Nxt blockchain asset. IGNIS is now a child chain and found in the Ardor client. Nov 24-2013 Birth Dec 22 - 2013 Aliases Jan 11 - 2014 Messaging May 6 - 2017 Balance Leasing May 12 - 2014 Issue assets May 12 - 2014 Asset Exchange Dec 17 - 2014 Dividend Payments Aug 1 - 2014 Marketplace Jan 10 - 2015 Crowdfunding Jan 10 - 2015 Monetary System Jan 10 - 2015 Currency Exchange June 6 - 2015 Voting June 6 - 2015 Multi-phased Transactions Approval by Vote Approval by Hash Approval by Transaction June 14 - 2015 File tokens Aug 14 - 2015 Offline Transaction Signing April 6 - 2015 Client Plugins Oct 31 - 2015 Peer Services Oct 31 - 2015 Account Ledger Jan 1 - 2016 Data Cloud Jan 21 - 2016 Coin Shuffling Jan 21 - 2016 Singleton Assets Jan 21 - 2016 Account Control Jan 21 - 2016 Account Properties 2018 January
Sources https://www.jelurida.com/evaluation https://www.jelurida.com/blockchain-creation-kit https://en.wikipedia.org/wiki/Nxt https://www.nxter.org/ https://www.nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions/ https://nxtforum.org/index.php https://nxtwiki.org/wiki/Main_Page https://nxtwiki.org/wiki/Nxt_Software_Change_Log All changelogs - https://github.com/mrv777/NXT/blob/master/changel- ogs/changelog.txt http://nxter.org/bcnexts-nxt/ https://bitcointalk.org/index.php?topic=587007.0 Main Bitcointalk thread Original Bitcointalk thread Transparent mining 1, or What makes Nxt a 2nd generation currency Transparent mining 2, or What part of Legacy should be left behind Bitcointalk "technical" threads API of Nxt thread Decentralized Asset Exchange Discussion Thread Nxt: Automated Transactions (AT) - progress and discussion NXT API 2 Brainstorming NXT cross chain transaction 3M to 5M bounty Nxt Decentralized App Store Nxt Instant transactions with guaranteed con?rmation Nxt source code analysis (QA) Nxt source code ?aw reports Nxt web service providers - progress tracking thread Sources

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Nxt / Ardor Historical Timeline

  • 1. INTRO¡°It was a bright cold day in April, and the clocks were striking thirteen.¡± These immortal words began George Orwell¡¯s 1984 and were to be the passphrase to the Nxt genesis account. BCNext, the anonymous founder of Nxt, had a vision. BCNext saw Bitcoin as a failed attempt to create a digital economy and so he created Nxt as a platform to build a digital economy upon. He wanted Nxt to be more than a currency, his vision was for Nxt to be a platform with easy implementation of new features. In September, 2013 he appeared on Bitcointalk (BCT) to announce Nxt, the ?rst 100% Proof-of-Stake (PoS) blockchain.
  • 2. 2013 Nxt / Ardor Timeline The beginning: at ?rst the BCT community was not sure what to make of this idea Voting began about the ?rst advanced features to implement. The choice was between messaging, two-phase payment, a voting system, and colored coins. $1,500 USD was raised. (28-09-13) BCNext announced the NXT ICO on Bitcointalk. There would be 1,000,000,000 coins with only integer amounts. The fundraising target was 99.5 BTC (18-10-2013) BCNext announced that after the genesis block is approved he will use the funds for further project development of advanced features and services September October
  • 3. Fundraising for Nxt ends, 21 BTC was raised. BCNext posts for the last time on BCT. He never wanted to be the face of Nxt - his vision was a decentralized and community driven platform. Come-from-Beyond (CfB) announced that BCNext would communicate to the community through him. CfB said that BCNext was frustrated that many of the 73 stakeholders were not actively contributing to help Nxt by running nodes or supporting Nxt bounties or participating in any promotional activities. Powerless to force them to contribute, BCNext announced that he might quit the Nxt project and contribute his ideas to a competitor. BCNext¡¯s vision of a decentralized and community driven blockchain is fracturing as only small segments of the community take active interest. December (24-11-2013) The Genesis block was launched. 1,000,000,000 NXT were distributed to the 73 stakeholders according to their levels of contribution. (28-11-2013) Dgex created ?rst NXT/BTC exchange November
  • 4. December (09-12-2013) Jean-Luc replied to BCNext: ¡°All of us that spend most of our waking hours following Nxt development tend to forget that not everybody has the time, technical knowledge, and interest, to do so. These ¡®stakeholders,¡¯ myself included, tend to invest in a variety of crypto-related things. Somebody with a full time job absolutely doesn't have the time to follow the development in all the areas he has invested in, let alone actively participate. Let's not forget that the maximum investment was capped at 1BTC. With so many projects out there, the interest occasionally is passive. Many of the Nxt stakeholders may have the same attitude towards Nxt - they put some money in it, just in case, and moved on because they are busy with other things. We have to accept this behavior as normal, and BCNext should not risk ruining the entire project because of it.¡± (26-12-2013) Nxt source code sent to one skilled Java programmer for peer review. Discussion begins about retaining full time positions for Nxt software development. (27-12-2013) First posting for skilled Java programmers to join the Nxt core dev team. (28-12-2013) Jean-Luc joined the Nxt core dev team as the leader of core development. Nxt surpassed 1000 accounts.
  • 5. (29-12-2013) There is internal debate among community members over the direction of Nxt. Some want to develop new features, while others want to have a focused marketing campaign to raise awareness. Millions of tokens are unclaimed by one of the stakeholders. These stats show how the community is not diversi?ed enough from the original stakeholders: The top 10 accounts own 41% of all NXT. The top 20 accounts own 55% of all NXT. The top 30 accounts own 66% of all NXT. The top 40 accounts own 74% of all NXT. The top 50 accounts own 79% of all NXT. December
  • 6. BCNext is asked questions about the direction of Nxt and many are unhappy with his ¡°greedy founders¡± rhetoric. Nxt is supposed to be worked on by a signi?cant part of the community and yet it is only in hands of a few talented developers. 2014 January February (13-01-2014) Launch of Nxter, a community driven project lead by apenzl. Nxter Magazine would become the best source of news and analysis for Nxt coverage. (14-01-2014) NXT Messaging arrived at block 40000. Community busy developing. (11-02-2014) Asset exchange - on the 11th of February the public test begins! (03-01-2014) CFB Nxt source code was released on 03.01.2014 with 3 ?aws intentionally injected by BCNext. The 1st person to ?nd and report these ?aws were promised to get a 1¡¯000, 10¡¯000 or 100¡¯000 NXT reward.
  • 7. The full source code was released to the public on March 1st, 2014 under the MIT License. Three funding committees were established to control nine million unclaimed NXT from the genesis block. Jean-Luc continued to lead the dev team The community elected committees to control the unclaimed coins. (07-03-2014) The TechDev Committee, an Infrastructure Committee, and a Nxt Marketing Fund Committee were created with ?ve community-elected members in each. Proposals for funding from each committee would be voted upon by the community at large. (22-03-2014) Nxtforum website launched. (29-03-2014) Jean-Luc resigned from committee over the community¡¯s refusal to form an official legal entity, not accepting the resulting personal legal risk. He wanted to only develop code for Nxt and not play a part in the larger decision making process of the community - a role the community thrust upon him. He refused to be included in roles beyond software architecture and design. March
  • 8. April CfB announced that BCNext left the Nxt project permanently. Despite this the community continued to grow. Under Jean-Luc and the contributing members of the dev team the Nxt platform grew in sophistication and offered new functionality that would later be copied by many following blockchains. (14-04-2014) Nxt BitCoin Talk forum thread locked after an amazing 2763 pages.
  • 9. The launch of the Asset Exchange, a ?rst in the blockchain community. Nxt suffers a big attack and GLEFU saved the network (11-05-2014) NXT.org website launched (19-06-2014) Massive DDoS attack on the network; GLEFU saves the day (20-06-2014) Jean - Luc wrote up on the GLEFU incident: ¡°Interesting how far a discussion based on incorrect assumptions can go. There has been no malformed or malicious transaction whatsoever. There is no bug in the Asset Exchange code. The only bug was in the calculation of uncon?rmed balances for accounts that long time ago had a transaction with referenced transaction set, while having a balance less than 100 NXT. It resulted in those accounts being incorrectly refunded a deposit against their uncon?rmed balance, which deposit they never paid in the ?rst place, thus leading to the uncon?rmed balance being higher than the real balance. The ?x was to start deducting/refunding this deposit only after a certain block, in the past, at a point where this logic was already there.¡± May
  • 10. July August The Nxt white paper is released. This also marked the beginning of the community members branching off and starting their own projects. Eventually they include: LISK - Max, KOMODO - jl777, WAVES - Sasha Ivanov, JINN - Team CFB, IOTA - Team CFB Community member jl777, a very active Nxt visionary and programmer announced SuperNetwork and user Triangle presented JINN (15-08-2014) The BTER exchange was hacked and 50M NXT were stolen. Jean-Luc released several software updates for the community of forgers to decide the outcome. It was decided not to roll back the blockchain and not to continue the negotiation with the hacker.
  • 11. Nxt celebrates its ?rst birthday. Many new versions of Nxt are released to improve the functionality and stability of this revolutionary blockchain. Core developer Lior Yaffe announces that they are working on the Coin Shuffling feature. November
  • 12. The NXT Foundation is now officially registered as a non-pro?t organisation (Stichting) in the Netherlands. The Voting System, Phasing, and Client Plugin System are all added to Nxt. 2015 March The European Securities and Markets Authority (ESMA) published responses to their call for evidence. If you're not at the table you're on the menu August
  • 13. The Tennessee Project is proposed with the following goals: a major increase in and professionalisation of Nxt marketing, improving the Nxt user experience, in terms of ease of use, support and documentation, and the acquisition of leads to both incorporate Nxt into real world applications and businesses, and attracting investors to the platform. (08-10-2015) Bas Wisselink presents The Tennessee Project with the goal of raising a set amount of funding and increasing awareness of Nxt. (16-10-2015) The Tennessee Project timeline over the next 12 months is released, 10M NXT target for funding revealed. (17-10-2015) Growth of the community 10 largest accounts have 22.4% 50 largest accounts have 53.7% 100 largest accounts have 67.9% 500 largest accounts have 88.3% (25-10-2015) Tennessee Project reached target funding goal October
  • 14. Lior Yaffe is introduced as the new Core Project Manager. Nxt celebrates its second birthday and new features are added including prunable plain and encrypted message attachments, account control for phased transactions and the 1000 NXT minimum for forging balance is instituted. November Vitalik, founder of Ethereum, mentions that their PoS algorithm will use Nxt ideas - including Nxt-style random number generator to determine who can generate a block at each height. December
  • 15. Bounties are issued to try and break the CoinShuffle technology. Community engagement helped the core dev team identify bugs. (04-02-2016) Tennessee Project redesigned Nxt Wikipedia page (08-02-2016) Jean-Luc posted the core development team¡¯s vision for the next important step in Nxt¡¯s evolution - the idea of a parent/child chain architecture is developed. (10-02-2016) Nxt Foundation joined Linux Foundation and HyperLedger. 2016 January The dev team announced their vision of the future - a new main chain made up of child chains that are pruned every 1440 blocks, with child chain token exchange rates with parent token determined by market forces. February
  • 16. Nxt 2.0 Roadmap announced, later named Ardor. The National Settlement Depository (NSD), Russia¡¯s central securities depository, developed and successfully tested an e-proxy voting system running on a distributed ledger built with the NXT distributed cryptographic platform. Community member Megalodon destroyed 1M NXT by sending it to the genesis block, wiping it from existence, total supply of NXT now 999M Ardor Snapshot began, lasting over three months with the average NXT balance during that three month span being the equivalent amount of ARDR tokens being distributed to Nxt holders. June July (22-06-2016) Nxt article in Forbes announced Ardor (09-07-2016) Ardor Platform website launched (14-07-2016) ¡°Snapshots of account balances will start on an hourly basis, starting on July 14th (block 870,400) to October 12th (block 1,000,000). Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th.¡± May
  • 17. After community debate, the name Ignis was chosen for the ?rst Ardor child chain. Later at the launch of Ardor, NXT holders would get IGNIS token airdropped into their account at the rate of 0.5 for every 1 NXT in their account. Jelurida BV is incorporated in the Netherlands for the purpose of owning the Nxt and Ardor IP. An important change to the copyright of the GPLv2 license followed: the Jelurida Public License (JPL). At Nxt block height 1000000 all 999M ARDR tokens are distributed. There is a 1:1 ratio with NXT tokens. Nxt has been running continuously for three years October November (13-10-2016) Block 1000000, Ardor Distribution (14-10-2016) Version 1.10.3 is launched under new copyright. The copyright of all GPLv2 code contributed to the Nxt Reference Software now belongs to Jelurida B.V. September
  • 18. The ?rst release of the Ardor testnet. It represents the ?rst milestone in the building of the Ardor platform. New Features include: Forging Chain, Child Chains, Coin Exchange, Bundling, Peer Networking, New APIs, Transaction types and bytes format. 2017 The Jelurida Public License (JPL) was announced in order to protect the Nxt ecosystem from being diluted by clones of the Nxt blockchain July (29-07-2017) Nxt Version 1.11.6 is launched under JPL, with the Special Conditions requiring a 10% airdrop to the NXT holders from Nxt clones. February
  • 19. IGNIS ICO begins with up to 420M JLRDA tokens available for purchase over three months on the Nxt blockchain with goal of gauging public interest in Jelurida actively z`maintaining Nxt with the new year launch of Ardor. Whales gobble up the ?rst two batches of NXT prompting the dev team to release a new NRS update to ensure every- one can participate. 500M IGNIS tokens are reserved for an airdrop to NXT holders. With the Nxt Foundation ?oundering and with insufficient powers, a new administrative body: the Ardor Nxt Group (ANG) is announced. Travin Keith is the interim director until permanent one is hired. The IGNIS ICO ends with over $15M raised. This is enough funds to actively develop and maintain the Nxt blockchain for at least the next three years. Nxt turns four years old. October November (24-11-2017) Jelurida released Ardor source code on Nxt¡¯s fourth birthday August
  • 20. A new director for the ANG is found. Jelurida announces that a Nxt Snapshot will occur at block height 1636363 on December 28th. On Ardor¡¯s launch all Nxt accounts with a balance will receive 0.5 IGNIS per 1 NXT. December (05-12-2017) Travin Keith announced: ¡°Hello everyone, I am happy to announce that though there was only one candidate who quali?ed after all the interest has been expressed and so there will be no election, it¡¯s none other than Elizabeth, formerly known as qbtc, who will be the new Director of ANG after the Interim Period. For the rest of the Interim Period, she will be actively working towards the growth of ANG and its foundation before January 15th. Congratulations Elizabeth!¡± 500M IGNIS were given away as a free airdrop to all NXT owners with supported wallets¡¯s the IGNIS tokens were not distributed on the Nxt blockchain, and not before the launch of Ardor.
  • 21. Ardor goes into production at 001:001:00 UTC on January 1st. 500M IGNIS are given away as a free airdrop to all NXT owners with supported wallets. Ardor is now its own blockchain and is no longer a Nxt blockchain asset. IGNIS is now a child chain and found in the Ardor client. Nov 24-2013 Birth Dec 22 - 2013 Aliases Jan 11 - 2014 Messaging May 6 - 2017 Balance Leasing May 12 - 2014 Issue assets May 12 - 2014 Asset Exchange Dec 17 - 2014 Dividend Payments Aug 1 - 2014 Marketplace Jan 10 - 2015 Crowdfunding Jan 10 - 2015 Monetary System Jan 10 - 2015 Currency Exchange June 6 - 2015 Voting June 6 - 2015 Multi-phased Transactions Approval by Vote Approval by Hash Approval by Transaction June 14 - 2015 File tokens Aug 14 - 2015 Offline Transaction Signing April 6 - 2015 Client Plugins Oct 31 - 2015 Peer Services Oct 31 - 2015 Account Ledger Jan 1 - 2016 Data Cloud Jan 21 - 2016 Coin Shuffling Jan 21 - 2016 Singleton Assets Jan 21 - 2016 Account Control Jan 21 - 2016 Account Properties 2018 January
  • 22. Sources https://www.jelurida.com/evaluation https://www.jelurida.com/blockchain-creation-kit https://en.wikipedia.org/wiki/Nxt https://www.nxter.org/ https://www.nxter.org/snapshot-nxt-unsurpassable-blockchain-solutions/ https://nxtforum.org/index.php https://nxtwiki.org/wiki/Main_Page https://nxtwiki.org/wiki/Nxt_Software_Change_Log All changelogs - https://github.com/mrv777/NXT/blob/master/changel- ogs/changelog.txt http://nxter.org/bcnexts-nxt/ https://bitcointalk.org/index.php?topic=587007.0 Main Bitcointalk thread Original Bitcointalk thread Transparent mining 1, or What makes Nxt a 2nd generation currency Transparent mining 2, or What part of Legacy should be left behind Bitcointalk "technical" threads API of Nxt thread Decentralized Asset Exchange Discussion Thread Nxt: Automated Transactions (AT) - progress and discussion NXT API 2 Brainstorming NXT cross chain transaction 3M to 5M bounty Nxt Decentralized App Store Nxt Instant transactions with guaranteed con?rmation Nxt source code analysis (QA) Nxt source code ?aw reports Nxt web service providers - progress tracking thread Sources