Ardor (ARDR) is a blockchain platform as a service (Blockchain as a Service- BaaS). Ardor provides blockchain infrastructure for businesses and organizations to help them take advantage of blockchain technology without having to invest in developing other custom blockchain solutions. Instead, Ardor provides a main chain that solves the security and decentralization of the blockchain along with child chains available for various business applications.
Ardor is developed on the blockchain of NXT – the project to democratize access to the blockchain. Ardor goes beyond NXT when it comes to scalability, customizability, and blockchain bloat issues. Ardor has now successfully launched the mainnet (mainnet) and moved to its own blockchain.
What is the goal that Ardor is aiming for?
Ardor is backed by the NXT Blockchain with separation from security functions by creating multiple chains. When users want to do a certain project, they will create child chains (subchains) because they have features and customization capabilities on NXT.
These child chains can apply specific custom cases, and it has all the features like speed, security and usability upgrades of the main chain, since they are all integrated on the main chain. a foundation.
In the future, Ardor uses a new system that cuts down on transactions so that each node doesn’t need to keep a copy of the transaction history. However, Ardor will also support storage nodes to save transaction history if needed.
Main features of Ardor
Modern architecture: The Ardor platform allows companies to build their products and services using child chains while relying on the security provided by the main blockchain.
Energy Efficiency: The Ardor platform uses a Proof of Stake consensus algorithm that eliminates mining competition. Therefore, the network nodes will consume low energy and save on hardware.
Solution for blockchain bloat: Child chain transactions can be removed from the blockchain once they are confirmed. The aim is to keep the actual blockchain compact and efficient.
Trusted and easy to use blockchain: Ardor builds on NXT’s 4 years of manufacturing experience and is developed using the Java language. It is the most popular development language for commercial applications.
The Ardor project started on January 1, 2018 by Jelurida. Jelurida is also the development team of NXT and Ignis. This group has been active since 2013 and has many years of experience in blockchain development. In addition, the team members have more than 4 years of experience in creating and maintaining blockchain code.
Ardor is taking important steps in planning new ways to build secure blockchain and infrastructure. If done correctly, the end result is a solution that can be applied to any business. However, it will require extensive technical expertise or ongoing maintenance.
It can be concluded that the next year or two will probably be the most important for Ardor. If this project is considered a viable development platform for important projects, then it will become a great choice in the future.
You can see ARDR pricing here.
According to AZCoin News
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