Ardor is a decentralised blockchain platform which serves as blockchain-as-a-service medium with unique parent-child architecture. One out of the many significant problems Ardor solved, is the ability to customise your blockchain without making the chain incompatible.
This platform, created by Jelurida was designed as a complete ecosystem where multiple individuals can connect without going outside it
Consecutively, these are the three things you should know about Ardor:
It is a multi-chain blockchain platform
This feature was designed from the beginning to eclipse current blockchain technology problems. Therefore with its unique parent-child architecture, one parent chain can create multiple child chains and after a successful transaction, an unnecessary child chain can be pruned, preventing the bloat of the network.
It is an evolution of NXT
To guarantee security, Ardor was developed to become the main chain of NXT and to this effect, multiple child chains exist, whereby they can be cropped out of the system once they are no longer needed. To note that, NXT is an open source user-friendly blockchain and also “remains one of the most trusted and reliable platforms in the industry”.
Pure proof of stake consensus
Ardor uses a 100% proof of stake (POS) consensus algorithm. This means new blocks can be created on the blockchain for processing transactions, and with the feature of ardor which permits multiple chains to be formed, this is a way of achieving distributed consensus in a blockchain.
Conclusively, Ardor is a next gen decentralised platform programmed with scalability and smart contract, you can safely trade your Ardor coin
For example, ARDR can be converted to BTC or other tokens but to ensure easy transactions on Ardor, an ARDR wallet address should be created.
Easy Steps in creating an Ardor Account
- Open the Ardor client wallet website on your pc or mobile device
- Click on the create account button
- A passphrase which is your password to accessing the newly created account will be given (this should not be shared with anyone)
- A public account address is given after the passphrase, both should be written down and kept but this can be shared to receive crypto assets
- You are asked to enter the same passphrase for confirmation
- Account created, you are now logged in!