Review on Ardor by Mayra Coba
Platform and evolved cryptocurrency
It is a cryptocurrency and platform that uses structurally sound and reliable features with NXT blockchain technology. The Ardor cryptocurrency is an improvement or evolution of NXT for the use of certain applications that have the need to scale, it also avoids mining and many of its characteristics are limited to improve performance in everything that fits. Ardor really impresses us with its scalable technology that uses the 100 percent proof-of-stake consensus algorithm to streamline and reduce hardware requirements on the network. The ARDR token is used for the generation of new blocks and the consensus of the entire network.
In summary, Ardor created by Jelurida is an evolution of NXT with extremely beneficial characteristics where child chains are incorporated, efficiency thanks to the proof of stake algorithm and even a market for asset trading.
๏ปฟ
Pros
- Cryptocurrency and evolutionary solid platform.
- Low energy consumption and storage requirements.
- Speed and security in transactions thanks to childchains.
Cons
- It is a limited improvement.
