Ardor is a platform that runs on blockchain-as-a-service that enables people to use Nxt’s blockchain technology. Since all the transactions are proces
Ardor is a platform that runs on blockchain-as-a-service that enables people to use Nxt’s blockchain technology. Since all the transactions are processed on Ardor’s main chain, the creators of the child chain have no need to worry about any issues that may arise when creating a blockchain as well as securing it by use of nodes. Ardor’s child chains can utilize all the features currently observed on Nxt, and these include voting, trading, decentralized phasing, as well as making interactions with other child chains on the cryptocurrency platform. All Ardor’s tokens reside in the platforms main chain, that is, the Ardor Main Chain. This approach creates a secure system that protects all the transaction that are done on the child chains.
In a bid to improve the platform’s performance and reduce bloating, many transactions have been disabled in the main chain, and the most noticeable of these include the exchange of tokens. Since the platform is 100% based on a Proof-of-Stake basis, there is no need for any additional processing for any new mining activity as no additional tokens can be created. Ardor guarantee speed since all the blocks having the child chain transactions can be processed only in 60 seconds or less. The fast speed means that any cryptocurrency transaction carried out on the platform gets to be finalized at the required time.
The child chains transaction data can be scaled thereby making the blockchain’s size to be independent of the number of the child chains that may be present within the system. Security is ever an issue of concern whenever cryptocurrency is discussed. The developer behind Ardor is Jelurida – a firm famed for its involvement in creating Nxt, blockchain which over the years has established the reputation of proven stability and security. By joining Ardor, members will be able to create projects, trade assets, and many other transactions. The platform has a feature that prevents prohibited transactions from passing through as certified approvals must first be granted.