Ardor Rank 87
$0.025377
Ardor Rank 87
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998,999,495 ARDR

Ardor
Ardor
ARDR

Ardor Price
$0.03

Ardor 24h Vol
$1,354,936

Ardor Market Cap
$25,351,250

24h Vol
315 BTC
1 H
-7.21 %
24 H
-41.79 %
7 d
-53.63 %
Today Ardor price in US dollars is currently 0.0254 USD, and if converted to Bitcoin is 0.00000590 BTC. A total of 5,891 coin's are currently circulating in the Market. Ardor prices are currently experiencing a change of -41.79 %, check all cryptocurrency. Over the past 24 hours 0.014 M US dollars Ardor has been traded on Crypto Exchanges. Get Ardor's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Ardor
Symbol
ARDR
Algorithm
BTC Price
0.00000590 BTC
BTC Market
5,891 BTC
BTC 24h Vol
315 BTC
Total Coins Mined
998,999,495 ARDR
1h
-7.21 %
24h
-41.79 %
7d
-53.63 %
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Website
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Description

Description


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.


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