Ardor

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Ardor is a public platform that will allow people to utilize the blockchain technology

Ardor is a public blockchain-as-a-service platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. A child chain, which is a ‘light’ blockchain that can be customized to a certain extent, is designed to allow easy self-deploy for your own blockchain. Nxt claims that users will "not need to worry" about security, as that part is now handled by the main chain (Ardor). This is the chief innovation of Ardor.[1] The first child chain on the Ardor platform will be Ignis for which an ongoing crowdsale has been launched.[2] It has been built on the successful Nxt technology and is designed with unlimited scalability, safe smart contracts, and customizable child chains. These features are designed to increase business profits, efficiency, and security.


Principle[edit]

Ardor is the development software Nxt, which eliminates the problem of inflating, scalability and versatility of the blocks. Ardor is developed as a complete ecosystem where multiple players can interact with each other without going beyond the platform.

The problem of storing and processing a large amount of non-essential long-term data in a block chain is solved by separating the chain security tokens from those used for regular transactions. Like Nxt, the so-called will work as open-source software open-source. Ardor will also be available for commercial licensing. Ardor is a blockchain-based ecosystem that offers convenient network scaling options and has a convenient setup for business.

Features[edit]

Ardor will provide you with the opportunity to create your own subsidiary chains within The ardor ecosystem. Just think about all the possibilities associated with creating your own subsidiary chain, not just an asset or a coin.

All the features that NXT has, will also be available for the child chains Ardor:

  • Aliasing: to initiate a transaction with easy names. All aliases end with a period preceding the name of the child chain.
    Undervalued Cryptocurrencies: Ardor (ARDR)
  • Data cloud: is it safe to store data directly on the block chain. It can be both public and private, as well as with a timestamp.
  • The control account: Restrict access to the account or prohibit transactions without the approval of multiple parties.
  • Monetary system: create custom tokens for the monetary system in addition to the local subsidiary chain token.
  • Secure message transfer: send encrypted messages and files without a centralized system.
  • CoinShuffle: allows users to quickly and efficiently move funds using other users ' tools to further enhance privacy.
  • Voting: decentralized polling for secure and anonymous voting.
  • Plug-ins: plug-ins can be installed to enhance and customize functionality.
  • Staged: create automatic conditional or unconditional transactions with deferred execution.
  • Marketplace: have a market where everyone can buy and sell physical and digital items.

Advantages[edit]

  • Transactions in the network are processed very quickly, it takes no more than 60 seconds (often less).
  • There is no relationship between the number of child circuits and the blockchain size.
  • A high degree of safety due to a professional approach to solution of this problem by competent experts of the company Jelurida who has put his hand to the development of NXT.
  • The NXT technology has made significant improvements, which, when generating a subsidiary chain, will be available for the creation of independent projects, for the work of public and private companies, for business development in various sectors.
  • Each child chain Ardor has its own" native " token, which will be used for transactions. Participants of these chains do not need to have on the balance of the parent coin chain ARDR.
  • Transaction fees will also be collected in tokens in the chain where the account was created.
  • It is impossible not to note the available settings. Despite the fact that everything happens in manual mode, you should not have difficulties.
  • Storage and trading of ardor assets is possible for users of any of the chains-"daughters".

Links[edit]

Official Ardor website
Twitter @ardorplatform

See also[edit]

References[edit]

  1. DIY Blockchain? NXT Announces Customizable Ardor Platform
  2. Ignis crowdsale


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