Generalize
Information
Ardor is a blockchain platform with a multichain architecture. The parent Ardor chain provides network security, while the interoperable child chains offer all the necessary functionality. The team believes that this design, along with hybrid user permissioning capabilities, enables flexibility for various use cases and promotes mainstream adoption of blockchain technology. Ardor focuses on scalability and addresses industry issues such as blockchain bloat, single token dependency, and the need for customizable yet compatible blockchain solutions. It is based on Nxt technology and introduces the first pure proof of stake consensus algorithm. The first child chain of Ardor is Ignis. Jelurida Swiss SA manages the development of all three tokens (ARDR, IGNIS, NXT).
Information
What is the description of the coin?
ARDR is the virtual digital asset issued by the ARDR NXT 2.0 system. It is generated through a 1 to 1 snapshot of the old future currency, with a total of 1 billion coins. The existing Ado ARDR is generated through the snapshot of the future currency from July to October 2016. The snapshot took place from July 14th to October 13th. The entire process is automatically formed until the Ardor system starts. The Ardor's main chain will be the home for all Adores (ARDR), serving as a system to protect all sub-chains and handle transactions. While some transactions are possible on the main chain, such as exchanging ARDRs between accounts, most of the features are not available on the Ardor main chain itself. This is done to improve performance and reduce blockchain expansion. As it is a 100% equity certificate, no additional processing is required and no new Adolf coins will be created.
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