Rank #508
ardr Ardor
$ 0.08277
0.00%
0.051316 BTC
131 satoshies0.00%
Market Cap
82,64 MLN. $
24 Hour Trading Vol
10,13 MLN. $
Circulating Supply
998,46 MLN.
Total Supply
998,46 MLN.
Max Supply
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Fully Diluted Valuation
82,98 MLN. $
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About Coin
Ardor is the latest in the growing field of contenders for blockchain as a service (BaaS) providers. Ardor provides the blockchain infrastructure for businesses and institutions to leverage the strengths of blockchain technology without having to invest in developing custom blockchain solutions. Instead, Ardor offers a main chain that handles blockchain security and decentralization plus customizable child chains that come ready to use, right out of the box, for various business applications. Ardor goes beyond Nxt to solve critical issues of blockchain bloat, scalability, and customization.
Nxt is a well respected, verified, and established blockchain technology with a comparatively long history and an experienced development team. However, as blockchain usage increases over the coming years Nxt, and other blockchain technologies, will face some fundamental problems with payments, scalability, and customization. The first and most straightforward problem is the use of native tokens for transaction fees. Nxt uses a forging proof of stake system, meaning that the total token supply has already been created and new tokens aren’t created with each block. Instead, the forgers that verify the blocks receive a portion of the transaction fees paid on the network. As such, the transaction fees need to be paid in NXT, even if you’ve created a new currency that’s independent of Nxt, you’ll still need to own NXT in order to pay miners, diluting the value of your own currency.
To test Ardor’s capabilities and serve as an example of an operating child chain, the Ardor developers have created Ignis. Ignis will implement all of the customizable features that come from the Nxt code base. Essentially, Ignis will be a proof of concept and could be the first of many more child chains on the Ardor platform. The Ignis ICO recently raised $15 million in funding for development. In the future, Ardor child chains could be used to create equity trading platforms, digital file transfer services, private enterprise blockchain applications, and many more use cases. Ardor’s strengths are quick time to setup and wide customizability, making it a great option for companies looking to leverage blockchain without the resources to dedicate to custom development.
Ardor has many architectural advantages. One of them and perhaps the most influential one is that it has been created using Java; one of the most widespread programming languages in the world today. This is definitely a step in the right direction seeing as it becomes ten times easier for a commercial application to succeed if the development language is one which most programmers can relate to.
Where is Ardor available for purchase?
You can exchange ARDR tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Ardor is Upbit, notably the ARDR/KRW pair, which saw a trading volume of $ 3,60 MLN. in the past day. Additionally, HTX and ProBit Global are popular alternatives for trading tokens.
What is the highest value Ardor (ARDR) has ever reached?
Ardor (ARDR) reached its peak price at 2.04 $ on 13 January 2018, approximately 7 years ago ago. Presently, the current price is -95.94% lower than this all-time high.
What is the historical minimum price for Ardor (ARDR)?
The minimum price reached for Ardor (ARDR) was 0.008745 $, documented on 06 December 2016, more than 8 years ago. In comparison, the current price is 846.48%, it above this historical low.
What is the fully diluted valuation of Ardor (ARDR)?
The fully diluted valuation (FDV) of Ardor (ARDR) stands at $ 82,98 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ARDR tokens. The realization of this FDV might take several years depending on the emission schedule of ARDR tokens.
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