Ardor is a multiple-blockchain cryptocurrency platform launched in 2013, which aims to offer scalability, low fees and a simple programming interface.
ARDR uses Proof of Stake consensus mechanism and is coded in the Java programming language.
The Ardor main net was launched on January 1st 2018 and its node client software is available for Windows, MacOS, Linux, Raspberry Pi and even Android mobile phones.
Mineable? If so how is it mined?
ARDR or Ardor Cryptocurrency is not directly mineable because there is no inflation, but there’s a way to earn fees from staking.
In order mine Ardor coins on a PC, the user must first purchase $100 or more worth of Bitcoins which should be traded for NXT cryptocurrency.
After purchasing NXT you may exchange your NXT coins into Ardor and ensure it amounts of at least 1,400 coins as a starting amount.
ARDR Ardor Cryptocurrency runs with at 998,999,495 ARDR circulating coins.
NXT was firstly introduced during the year 2013 considered as one of the first substitute cryptocurrencies to Bitcoin and was also first introduce the blockchain of a Proof of Stake wherein it has operated via secure way. The technology stepping stones which were presented in the beginning as what they promise in which the features are laden blockchain with the ease of use and as well as the flexibility in terms of business applications.
Because of the innovative improvement by the team via deeper exploring into the opportunities as well as potentials of the blockchain in which they came up with smart solutions to rising challenges dealing with blockchain technology. Since then, they suddenly decide to generate an evolution of the blockchain under NXT by permitting NXT to continue with it’s distinct as well as proven applications. Then the evolution of Ardor happens. The two blockchains exist under the supervision of Jelurida. In fact, numerous proven features, as well as test done in NXT blockchain including the Monetary Systems, Asset Exchange, Voting System, Data Cloud, Aunthentication, Account Control, Aliases, Third Party Plug-ins Acoount Ledgers and Account Properties as well and the Marketplace, is also in the Ardor.
What makes it Different?
Ardor is abbreviated as (ARDR) and it also known as “ardor coin” a type also of altcoin cryptocurrency. Ardor is greater than pretty much money. It is all about constructing blockchains platform in which everyone could access. Which means anyone can be able to operate blockchain with the ease of use. Ardor also works with its child chains and main blockchains. Therefore, ardor acts as the main block chains wherein all the process is done in here while the child chain acts as the creators aiming no worry about numerous issues exist when securing enough nodes as well as the creating block chains. Child chains also use the features wherein currently run in NXT including the voting, trading, decentralized phasing and the interaction between child chains in the platform it include the IGNIS considered as the first launched child chain.
In addition, transaction fees are being paid once the blockchain transaction are successfully done. The ardor act as main block chains associate all childchains. It also include the storing ardor coins besides assisting the trading accounts with ardor accounts.
Who is behind Ardor?