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Revainrating 5 out of 5

The main platform that is tied to the network is called ardor am. This is an…

The main platform that is tied to the network is called ardor am. This is an evolutionary software, using which several players can immediately perform a series of operations. This product is sure to find its consumer because of its manufacturability, wide opportunities. This product will be the best solution for all sorts of organizations. After all, everyone needs a simple, comfortable to use platform. There is a ready-made template, you just need to use it correctly. For beginners, this is

Pros
  • It is positive that the currency of the subsidiary chains can be easily exchanged with each other in a crypto-exchange. This process is recorded in the blockchain, the subject of exchange is the ardor coin. Transactions are recorded in the parent chain.
Cons
  • In the Ardor project, as many coins were issued as in the NXT. The distribution option was chosen different. They were distributed to those users who already had on the Nextcoin balance. The proportional number of the last units was taken into account. The ardor developers did not ask permission for platform members. Distribution of affiliated chains occurred in a similar way. At the same time half were heard with a percentage ratio of 2: 1. The authors of the ardor project set themselves two key goals at once. First of all, it was necessary to obtain funds that could soon be used for the development of the ardor project. The second key goal was to increase the audience at the expense of new users ardor.

Revainrating 4 out of 5

Ardor is a platform that offers blockchain as a service to Businesses, unlike…

Ardor is a platform that offers blockchain as a service to Businesses, unlike Bitcoin, which is a cryptocurrency and a worldwide payment system. It works utilizing blockchain technology of NXT (a cryptocurrency) and creating child chains using it which are customizable to some extent. So basically Ardor operates with the help of two chains – parent chain and child chain. The parent chain i.e. Ardor is responsible for providing security to the Ardor platform and all its child chains. It does not

Pros
  • - it’s easy to use and an average user can easily create its own cryptocurrency, digital asset or smart transaction unlike Ethereum where coding knowledge is necessary for customization; - all smart transactions are verified by the core team; - it solves the issues of blockchain bloat; - separation of security tokens from transactional tokens; - parent/child architecture. ARDR can be bought through all the major exchanges like Bittrex, Poloniex, etc. in BTC, NXT, and EUR trading pairs.
Cons
  • It's a young project. He needs to be more known. More communication should be done.

Revainrating 5 out of 5

Today not many blockchain solutions are ready for business use such as Ardor…

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.

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.