ARDOR
ARDOR
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Type: Cryptocurrencies
Ticker: ARDR
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More information about ARDOR

About

Ardor is a blockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain. It launched on January 1, 2018 after a successful year on testnet. The unique parent-child chain architecture of Ardor, with a single security chain and multiple transactional chains, offers three advantages: reducing blockchain bloat, providing multiple transactional tokens, and hosting ready-to-use interconnected blockchains called child chains.

ARDOR - ADVANCED BLOCKCHAIN TECHNOLOGY
The Ardor Blockchain-as-a-Service Platform was created by Jelurida using the proven features of the solid, reliable Nxt blockchain technology. Ardor extends Nxt for use in certain applications that require scalability and want to avoid “mining” required by some developing blockchains.
There are two parts to the Ardor Platform—the Ardor main chain and child chains that are the distinct blockchains created for business with use-specific features and applications.

THE ARDOR MAIN CHAIN
The Ardor main chain is the blockchain that will secure all of the child chains and process their transactions. Some transactions will take place on the Ardor main blockchain like the exchange of the Ardor token (ARDR) from one account to another.

The features on the Ardor main blockchain are limited to improve performance and to reduce the blockchain bloat that occurs with the accumulated storage of information.

Ardor is 100% Proof-of-Stake so no additional processing will be needed for mining as all tokens have already been created.

- FAST : Each block containing all child chain transactions will be processed in around 60 seconds or less.
- SCALABLE : Child chain transaction data will be pruned to reduce the size of the blockchain.
- SECURE : Ardor was by Jelurida, the company of the core development team of Nxt, a blockchain with years of proven security and stability.

ARDOR CHILD CHAINS
Businesses and organizations can easily have their own private or public blockchain with the Ardor Blockchain Platform.

Each individual blockchain is a “child chain” and is connected to the Ardor main chain which takes care of the processing and security of the network.

An advantage of an Ardor child chain for your business is the pieces are already in place for you to construct your blockchain - similar to modules in a Wordpress site or lego blocks in an adventure set. Child chains on the Ardor Platform will be able to use all features currently seen in Nxt such as decentralized phasing, voting, and trading. Each child chain will be able to interact with other child chains on the platform, including Ignis, the first child chain to be launched.

Ignis is the first child chain to be offered on the Ardor Platform. Ignis operates the entire feature list of the current NXT blockchain and demonstrates how a child chain can be used for multiple use cases for enterprise and small businesses.

https://www.ardorplatform.org
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