1 Level
1 Review
7 Karma
Review on Ardor by User Removed
Today not many blockchain solutions are ready for business use such as Ardorβ¦
Today not many blockchain solutions are ready for business use such as Ardor. Lack of trading and marketing activity can be neglected cause its technological background is well beyond its competitors and has many different features embedded into Ignis, its first child chain.
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Pros
- Ardor is a blockchain for business solutions that efficiently solves blockchain bloat problem while keeping fees low. NXT (Ardor predecessor) was the first completely Proof of Stake cryptocurrency. Its child chains have one unique feature that no one has. It is bundlers which create child chain blocks while on the parent chain forgers create Ardor chain blocks and collect fees from bundlers. What interests me from the investor`s perspective is the sustainability of their business model through three main revenue sources (as stated in a whitepaper): child chain creation and customization, consulting and private chain licensing.
Cons
- Still not recognized as a top player due to lack of marketing activities and by being frozen on exchanges for some time. Trading volume is still low.
