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Media Mentions

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Who’s Afraid of Ethereum? The Top 12 Smart Contract Platforms

Cryptobriefing: One-liner: “Parent-and-child chain” architecture with lightweight smart contract capabilities and no blockchain bloat. Ardor is operated by Jelurida and has its roots in the Nxt blockchain, which was one of the first PoS networks and has been running since 2013. Ardor was created by the same team to overcome the adoption challenges of traditional linear blockchain architecture. These include the use of a single token, a lack of customization capability, and blockchain bloating as a result of processing and storing every single transaction in the same way. Ardor aims to overcome this with an architecture that comprises the main parent chain and child chains. Each child chain is entirely customizable according to user requirements and can use its own token. Ardor also makes use of stateless, lightweight smart contracts programmed in Java.

June 7, 2020

Wendy O (Watch CoinHQ.tv)

Wendy O: So I definitely remember #Peercoin was the first PoS, but it was hybrid PoW. I'm also pretty sure #NXT was the first Pure PoS, not $ALGO. Can someone clarify?

June 4, 2020

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Ivan on Tech

Ivan on tech: As I recall #Nxt was indeed the first pure #PoS, does anyone remember otherwise?

June 4, 2020

Algorand Accused of Stealing NXT’s Claim to Be the First Pure PoS Blockchain

Ihodl: A war of words has erupted over Algorand’s repeated claims to be the world’s first pure Proof of Stake blockchain. As long-time industry observers know, that assertion isn’t remotely true, since enterprise blockchain Algorand only launched in 2017 and PoS has been around a lot longer than that. The first blockchain to experiment with Proof of Stake was Peercoin, which debuted a hybrid PoW/PoS chain. However, the accolade for first pure PoS chain, which Algorand has been so keen to claim, goes to NXT. The Proof of Stake chain launched in 2013 – four years before Algorand shuddered into life. It’s a fact that Jelurida co-founder and NXT core developer Lior Yaffe has been at pains to point out.

June 4, 2020

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Both NXT and Algorand Claim to Have Developed First Proof-of-Stake Chain

Cointelegraph: Cryptocurrency Algorand (ALGO) claims in its promotional materials to be the first proof-of-stake, or PoS, blockchain, but NXT lead developer Lior Yaffe claimed that his project was first. In a June 3 tweet, Yaffe accused Algorand’s of misleading the cryptocurrency community for marketing purposes, by falsely claiming to be the first PoS blockchain. As Yaffe pointed out in a subsequent tweet, Algorand uses the claim on its official website and in much of its promotional material. He also told Cointelegraph that he believes the information is a lie with malicious intent.

June 4, 2020

Algorand’s Claim to Be 1st “Pure PoS Blockchain” Slammed by NXT Core Developer

Coincodex: It’s not uncommon for startups to embellish their achievements or for marketers to indulge in half truths. Sometimes such liberties go undetected, but other times they meet fierce pushback. Algorand’s claim that it is the world’s “first permissionless, pure proof of stake blockchain platform” has fallen into the latter category, provoking the ire of developer Lior Yaffe, who points out that NXT was the first platform to implement a pure PoS solution several years ago. Yaffe was an early adopter and core developer of Nxt, and has later co-founded Jelurida - the company powering the NXT and Ardor blockchains.

June 4, 2020

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