Ardor (ARDR) offers a multichain platform with customizable child chains and energy-efficient consensus. More
Fully Diluted Valuation | $87.80M |
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24H Trading Volume | $4.16M |
24H Low / High | $0.09 / $ 0.09 |
Circulating Supply | 998.47 M |
Total Supply | 998.47 M |
Max Supply | ∞ |
Categories | Infrastructure 1 more |
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Founder | Lior Yaffe 2 more |
Website | ardorplatform.org |
Socials | 1 more |
Explorer | Ardor 2 more |
Name | Pair | OG Score |
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Ardor (ARDR) is a multichain blockchain platform known for its innovative parent-child chain architecture. Launched in 2016 by Lior Yaffe, Kristina Kalcheva, and Petko Petkov, Ardor aims to address key challenges in blockchain technology, such as scalability, blockchain bloat, and single token dependency.
Parent-Child Chain Architecture
Ardor's parent-child chain architecture provides security through the parent chain while allowing interoperable child chains to handle operational functionality. This design enables a wide range of use cases and paves the way for mainstream blockchain adoption.
Proof-of-Stake Consensus
One of Ardor's key features is its Proof-of-Stake Consensus mechanism, which ensures energy efficiency by not relying on expensive or power-consuming hardware.
Customizable Child Chains
Ardor's child chains are fully customizable, with each chain operating as an independent blockchain. This allows for the creation of unique tokens tailored to specific use cases.
Interoperability
Another notable feature of Ardor is its interoperability. All child chains share the same source code, making them interoperable and allowing for the direct trading of native tokens on the platform's decentralized exchange.
Accessibility and Use Cases
Ardor's use of Java as its programming language makes it accessible to many existing companies across various sectors, including finance and trading. Companies can build directly on the Ardor platform, seamlessly connecting and deploying their applications to the network.
Blockchain as a Service
Furthermore, Ardor offers a live multi-chain "blockchain as a service" platform, with over 250 APIs and lightweight smart contracts coded in Java. This allows businesses to launch custom blockchains on the Ardor platform, with each child chain interfacing with off-chain databases while leveraging the Ardor parent chain's decentralized network of nodes for security.
Conclusion
In conclusion, Ardor's unique architecture, scalability, and focus on interoperability make it a promising platform for a wide range of blockchain applications. With its innovative approach, Ardor is poised to play a significant role in the future of blockchain technology.
Ardor's unique parent-child chain architecture sets it apart, providing security through the parent chain while allowing interoperable child chains to handle operational functionality, enabling a wide range of use cases.
Ardor (ARDR) was founded by Lior Yaffe, Kristina Kalcheva, and Petko Petkov in 2016.
You can buy Ardor (ARDR) on Binance, HTX, Upbit, CoinExPionex cryptocurrency exchanges.
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