Ardor (ARDR) - USD

Ardor is a multichain blockchain platform with a unique parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the rich functionality. This elegant design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards mainstream adoption of blockchain technology. Not only that - Ardor is created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions.

Where did Ardor come from?

Ardor is being developed by Jelurida Swiss SA, founded in 2016. The company started upgrading Nxt blockchain system and created Ardor to provide a platform for facilitated and accelerated transactions. The platform obtained a good reputation among users, analysts, investors, and experts. Ardor’s mission is to form a universal, user-friendly, and easy crypto platform facilitating different concepts implementation. Jelurida worked on creating ways to allow each third-party developer to make his own projects. The platform’s authors presented a smart contract technology that is completely different from Ethereum although some parallels are made between them.

What are the advantages of Ardor?

• All child chains have their own native tokens, used as a unit of value and for
  paying transaction fees, and a variety of ready to use features;
• Scalability is achieved by pruning of the unnecessary child chain data once they
  are included in the permissionless Ardor parent chain, preventing the "bloat" of
  the network;
• All child chains are connected and share the same source code, ensuring
  ecosystem interoperability that allows child chain token trading to one another in
  a fully decentralized way and transactions on one child chain to access data or
  entities on another.

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