Ardor
Last updated | 6 hours ago |
Price per ARDR in USD | $ 0.070291051848149 |
Price per ARDR in Bitcoin | 0 |
Volume over the last 24 hours | $ 11,683,521 |
Market cap in USD | $ 70,183,242 |
Change in % over the last hour | 0.41310009 |
Change in % over the last 24 hours | -5.77858863 |
Change in % over the last 7 days | 0.00727362 |
ARDR specifications
Name | Ardor |
Symbol | ARDR |
Minable | No |
Algorithm | N/A |
Prooftype | PoS |
Total coin supply | 1000000000 |
Premine: | N/A |
Coin description
Ardor is a blockchain-as-a-service platform designed to simplify the creation and deployment of child chains. It operates on a proof-of-stake (PoS) consensus mechanism, allowing token holders to stake their ARDR tokens to validate transactions and secure the network. Ardor focuses on scalability and interoperability, making it an attractive option for businesses seeking blockchain solutions.
Ardor Child Chains and Scalability
Ardor's architecture separates the main chain, which handles security and consensus, from child chains, which handle transactions and smart contracts. This design reduces blockchain bloat and enhances scalability. For example, businesses can create customized child chains tailored to their specific needs without affecting the main chain's performance.
One of Ardor's strengths lies in its ability to support cross-chain interoperability. Its built-in features like asset exchange and voting systems make it versatile for various use cases, from supply chain management to decentralized finance. Keywords like Ardor child chains and blockchain scalability are closely tied to this project.