Ardor is a blockchain-as-a-service platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains
What is Ardor (ARDR)?
Ardor is a derivative of Next platform which enables everyone to build his own blockchain for specific and even personal uses against a fee which can be paid via the native coin, Ardor. The main blockchain of Ardor is called Main child chain and the user created ones are called child chains. Ardor coin is listed as the top altcoins for 2018. Ardor coin is the associated cryptocurrency for the platform.
Ardor (ARDR): History
The Ador Testnet was founded in Q1 2017 and Q2 2017 various major updates took place including implement Smart Phasing and By-Property Phasing. The Ignis ICO was introduced during Q3 2017 and asset control mechanism was executed. Ardor mainnet is launch on Q4 2017 and soon BitSwift became one of the early adopters of the network. Many ETH, BTC, and USD pegged child coins which are back by the 3rd party business entities.
It has a market capitalization of 364 million US dollars, of which 4-6 million are traded daily.
How Does Ardor (ARDR) Work?
The need of using blockchains for every digital purpose is growing fast. Ardor employs the Next network and offers a decent interface to developers to build chains. The processing will be done on the Ardor main chain and the developers don’t need to worry about that. The child chain users can participate in decentralized phasing, voting, and trading and more. The coin itself is used to pay for the charges for using the Ardor main chain.
How to Buy Ardor (ARDR)?
First of all, you have to create an Ardor wallet to store your coins. You have to set a password for the wallet and make sure that you won’t forget the password. Then you can trade Bitcoin from any exchange and then trade it for Ardor.
Ardor (ARDR) Price Prediction 2018
ARDR can be a profitable investment option. Ardor price equal to 0.413 USD at 2018-02-28. If you buy Ardor for 100 dollars today, you will get a total of 241.930 ARDR. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-24 is 2.339 US Dollars. With a 5-year investment, the revenue is expected to be around +465.79%. Your current $100 investment may be up to $565.79 in 2022. Ardor (ARDR) price today is $0.412398 and have the current supply of 998,999,495 ARDR. The market cap value is $411,985,394, and the volume is marked as $2,832,670. Ardor price prediction, Ardor price forecast, Ardor price and news, ARDR price forecast, ARDR price prediction 2018, What is the price of Ardor 2018.