Blockchain Solution for Business
Ardor is a younger product of Jelurida Company. It is a blockchain platform based on a proven reliable technology of their NXT product but with more advanced technology and a slightly different idea behind it. Ardor is more oriented on providing solutions for businesses.
The main issue that this new platform is going to solve is the so-called bloating of the blockchain when all the information about transactions that ever happened on the blockchain is stored forever thus increasing the size and effort to process it exponentially over time.
Ardor Parent-Child Chains
Ardor solves this problem by using the unique parent-child architecture, which allows the nodes to work with only essential information from the Parent chain and using only 24-hour-old info from the Child chains. The first Child chain that will start on Ardor platform is called Ignis, and it’ll have its own token.
Ardor’s coin has the ticker symbol of ARDR, it is non-mineable and has a maximum amount supply of around 1B coins.