Review on Ardor by gregori cordova
a blockchain with very novel components and characteristics to allow the massive adoption of this technology in more spaces
The changes that we have witnessed in recent years in the global financial markets have been without rest, and there are constantly new ideas and new technologies to create more efficient and equitable environments for the benefit of all. In this sense, a project emerged whose adoption has been very receptive and that has many possibilities of success in the cryptographic environment, called Ardor. The objective of the Ardor project, and of the entire Jerulida ecosystem (a company in charge of creating open source blockchain platforms), is to search for applications and use cases of blockchain technology in the real world to especially allow companies and businesses (bussiness to business ) create the so-called child-chains, a kind of secondary chains that are mainly responsible for the voting and consensus processes and thus facilitate the creation of smart contracts between companies and people through a super simple and easy-to-use platform, in the which is not necessary to be an expert programmer to achieve it. Ardor was born as an evolution of the NXT blockchain, adding more advanced features and components in terms of scalability, with a token that serves to provide security and at the same time make staking. It has the ability to allow companies to create tokens under their chain without the need to worry about the consensus system or infrastructure, thus delegating security to the main Ardor chain.
I must honestly say that it seems to me a very interesting project, which is going to be very successful in the near future, due to the great possibilities of use cases in the real world, and the advantages it offers to companies to create tokens that they may have total interoperability with other projects created under its blockchain, such as IGnis, thus allowing the massive adoption of blockchain technology in more spaces of our daily environment.
Pros
- It is a project created by a very prestigious and recognized company that seeks to develop and improve blockchain technology more and more
- Through this blockchain , a token called Ignis was created which had a collection of more than 15 million dollars in its ICO and was a success
- It has a 100% POS consensus system which avoids consuming large amounts of energy or using very expensive hardware equipment
- Projects created through the Ardor blockchain delegate their security to the Ardor blockchain, which is an advantage for companies by not investing time or resources in that area.
- It allows direct exchange with all tokens created under its chain, which makes it a fully interoperable network
Cons
- At the beginning of the project, they did not do many marketing campaigns and that is why although the project has a great future, it is still undervalued in itsprice
