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Ardor (ARDR) April 2018 Price Predictions, Exchanges and Announcements

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16 Apr 2018, 19:28

What is Ardor(ARDR)?
Ardor is a blockchain-as-a-Service platform. Ardor Coin (ARDR) is the associated cryptocurrency for the platform. Ardor works with two types of blockchain: the main blockchain and child blockchains. Ardor works with NXT, a cryptocurrency that operates with its program code.
Ardor(ARDR): History
The Ardor Testnet was launched in November 2017 several major updates took place including implement Smart Phasing and By-Property Phasing. The Ignis ICO was launched during 2017 and asset control mechanism was implemented.
Ardor main net is launch in 2017 and soon BitSwift became one of the early adopters of the network. There are several ETH, BTC and USD pegged child coins which are back by the third party business entities.
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How does Ardor(ARDR) work?
Ardor secures the entire ecosystem through proof of stake. People will want to hold the coin, so they can forge it, forging Ardor guarantees the whole ecosystem. While you can transact on Ardor and generate fees to go into the forging distribution pool – the majority of transactions will occur on the child chains: All the child chains created on the platform pay in Ardor to do so, all child chains will generate fees on their individual ICO platforms and fees will go into the Ardor forging distribution pool to “reward” Ardor holders for securing the system.The coin itself is used to pay for the charges for using the Ardor main chain.
read full news at https://coinsmarketcap.net/ardor-ardr-j ... uncements/


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