ARDR Ardor Prices, Charts and Graphs | Coinread
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ArdorARDR#164

$0.30
-11.03% (-$0.037, 24H)
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  • Market Cap$298,055,050
  • Volume (24H)$14,966,997
  • Circulating Supply998,999,495
  • Max Supply998,999,495
  • High (24H)$0.34
  • Low (24H)$0.28
  • Change (1H)-0.059%
  • Change (7D)-9.4%
  • Change (1M)13.12%
  • Change (1Y)527.48%

Launched in 2017, Ardor’s (ARDR) blockchain-as-a-service provision opens the possibility of crypto technology to businesses and individuals without any requirement to code or secure it themselves. Because blockchains still require complex coding and expensive fees to set up, many institutions which could benefit are not harnessing their potential. Ardor seeks to change that, with coding in Java for maximum accessibility and its unique ‘parent-child’ architecture. In this configuration, a single chain connects to multiple transactional ones, working to reduce chain traffic and diffusing single-token dependency by ‘bundling’ transactions — paid for in Ardor, and rewarded in the child chain’s currency. As well as supporting these multiple transaction tokens, the platform also hosts a built-in exchange for simple trading between chains. Ardor operates an energy efficient Proof-of-stake consensus which means users don’t need access to expensive or specialist hardware, and hybrid user-permissioning capacities make flexibility part of Ardor’s fabric. Their bid to build blockchain into new arenas has made Ardor popular with numerous third party users, who engage the technology in everything from smart voting to property management.

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