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Ardor (ARDR) - Live streaming prices and market cap | 181mm- Crypto Currency Tracker
Cryptocurrencies: 2193 / Markets: 15921 Market Cap: 24h Vol:
Ardor (ARDR) Rank 70
$0.052577
Ardor (ARDR) Rank 70
Website Twitter
998,999,495 ARDR

Ardor (ARDR)
Ardor (ARDR)
ARDR

Ardor (ARDR) Price
$0.05

Ardor (ARDR) 24h Vol
$1,671,512

Ardor (ARDR) Market Cap
$52,523,937

Ardor (ARDR) Circulating
998,999,495

Full Name
Ardor (ARDR)
Symbol
ARDR
Algorithm
BTC Price
0.000014396300 BTC
BTC Market
14,382 BTC
BTC 24h Vol
458 BTC
Total Coins Mined
998,999,495 ARDR
1h
-0.29 %
24h
-3.1 %
7d
0.31 %

Charts



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.

Full Name Ardor (ARDR)
Start Date N/A
Algorithm N/A
Proof Type PoS
Website https://www.ardorplatform.org/
Twitter @ArdorPlatform
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 998,999,495 ARDR
Previous Total Coins Mined N/A
Net Hashes Per Second N/A