NXT will continue for whoever wants to use it, but in practice, the current NXT developers will abandon it and start working on Ardor and Ignis. At the moment, Ardor is a token on NXT. In the future, Ignis will be a subchain of the Ardor blockchain, and external developers will be able to create other subchains, so they can use Ardor's features for various applications.
Actually, that's not exactly true. Some of the funds collected through the IGNIS ICO will be used to further develop NXT. Sure, ARDOR will be the new main project, but NXT will not be abandond by the developers. Actually they will have 2 different use-cases. But at the end we will see what will happen to NXT. No one knows for sure.
In the 3rd quarter of 2017! There is not a specific date, yet!
Then what happens to NXT? Does it continue along or is it being replaced with Ignis/Ardor?
NXT will continue for whoever wants to use it, but in practice, the current NXT developers will abandon it and start working on Ardor and Ignis. At the moment, Ardor is a token on NXT. In the future, Ignis will be a subchain of the Ardor blockchain, and external developers will be able to create other subchains, so they can use Ardor's features for various applications.
Actually, that's not exactly true. Some of the funds collected through the IGNIS ICO will be used to further develop NXT. Sure, ARDOR will be the new main project, but NXT will not be abandond by the developers. Actually they will have 2 different use-cases. But at the end we will see what will happen to NXT. No one knows for sure.
For more infos: https://www.jelurida.com/ico
OK, I stand corrected. And I guess it wouldn't be too difficult to port some improvements from Ardor to NXT or the other way around.
Thank you very much @edb for your great explanation!
NXT will continue along and you will get Ignig for holding NXT on the snapshot period!
Looks like I just missed it though didn't I?
The Snapshot will be taken on Dec 28th