Today Ardor price in US dollars is currently
USD, and if converted to Bitcoin is
BTC. A total of 6,959 coin's are currently circulating in the Market. Ardor prices are currently experiencing a change of -1.32 %, check all cryptocurrency. Over the past 24 hours 0.207 M US dollarsArdor has been traded on Crypto Exchanges. Get Ardor's progress by adding it to your favourites and creating a free portfolio if you wish.
Ardor is a “full blockchain-as-a-service” (Full BaaS) multi-chain platform that evolved from the time-tested Nxt blockchain. The mainnet went live on 01 January 2018. The unique parent-child chain architecture of Ardor, with a single security chain providing energy-efficient proof of stake consensus for multiple transactional “child chains,” enables three fundamental advantages – reduced blockchain bloat, increased scalability, and the ability to launch and host ready-to-use interconnected blockchains.
ARDR tokens are used to secure the network through a process called, “forging.” Since all tokens have been distributed and the supply will never increase, “forging” nodes are rewarded from the transaction fees in each block of transactions.
The advanced features and functionality available on Nxt were implemented on the public and permissionless Ignis child chain – along with new features such as lightweight contracts, account and asset controls, and composite phased transactions. Businesses can launch dApps and services using the features available on Ignis such as issuing and trading digital assets, launching voting systems, and leveraging distributed cloud storage.
Alternatively, businesses and developers can pick from these features, launch their own child chain, and simply plug into the security provided by the decentralized Ardor parent chain’s network using the innovative “bundler” system. Bundlers are nodes that collect transaction fees in the native child chain token, while paying with ARDR tokens to send the child chain transactions for validation on the parent chain. Five custom bundler templates are built-in to the platform to enable app and child chain owners to sponsor the transaction fees for only their intended end-users, eliminating the need for users to directly interface with the blockchain.
Ardor Crypto Technology
Sorry, detailed technology about Ardor is not currently available
Ardor Crypto Features
Sorry, detailed features about Ardor is not currently available
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer