What is ARDOR ? | All about ARDOR in Short | Crypto Currency ARDOR

What is ARDOR?

Ardor is a multichain blockchain platform with a parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the functionality. The team believes that this design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards the mainstream adoption of blockchain technology.

Importance of ARDOR?

Ardor was created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable yet compatible blockchain solutions. Ardor is based on Nxt technology and claims to offer the first pure proof of stake consensus algorithm. Ardor's first child chain is Ignis.

Future of ARDOR?

According to tech analysis, Ardor is rather a long-term investment. The period of the return of the investments is estimated at 1 - 2 years. In 4 years from now, the price is likely to keep on growing little by little. If in two years ARDR is going to reach $0.1 price, by 2025 the ARDR price will pass the $0.11 mark.

ARDOR Logo