Market Cap
$89,475,294.9
Fully Diluted Valuation
$89,475,294.9
24 Hour Trading Vol
$14,291,219.2
Circulating Supply
998,466,231.3
Total Supply
998,466,231.3
Max Supply
998,466,231.3
Ardor Price
$0.090
24h Range
$0.087 - $0.095
Percent Change 1h
1.31%
Percent Change 24h
-0.04%
Percent Change 7d
-9.87%
All-time high
$2.04
All-time low
$0.008745
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7D
1M
1Y
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Ardor (ARDR) is a blockchain platform that aims to solve the issues of scalability and bloat that many blockchain systems face. Launched in January 2018 by the Nxt community, Ardor is a multi-chain architecture that allows users to create their own custom blockchains, known as "child chains," which are secured by the main Ardor blockchain. This design enables high transaction throughput and flexibility while maintaining the benefits of decentralization. As of 2024, Ardor supports various use cases ranging from token creation to decentralized applications (dApps), providing a robust environment for developers and businesses alike.
Ardor was developed by Jelurida, a software company founded by a team of blockchain enthusiasts, including Lior Yaffe and his colleagues. Lior Yaffe, one of the key figures behind Nxt, played a crucial role in the development of Ardor, bringing his experience in blockchain technology and innovative thinking to the project. Jelurida is focused on providing blockchain solutions and has a commitment to furthering the ecosystem through ongoing development and support.
Ardor operates on a unique architecture that separates the concerns of security and transaction processing. The main chain, Ardor, secures all transactions and maintains the overall network integrity, while child chains are created for specific applications or businesses. These child chains can have their own tokens and functionalities, allowing for customization without burdening the main chain with excessive data. The main chain uses a Proof-of-Stake (PoS) consensus mechanism, where holders of ARDR can participate in block forging and earn rewards. This structure enhances scalability and allows for a more efficient transaction process, making Ardor capable of handling thousands of transactions per second.
Ardor has various use cases that illustrate its versatility and functionality:
Securing your Ardor (ARDR) is crucial for protecting your assets. Here are some best practices:
Investing in Ardor (ARDR) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Ardor: Once your account is funded, you can purchase Ardor directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Ardor using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Ardor (ARDR) is currently trading at $0.090 and exhibits good potential for future growth. Check the latest Ardor (ARDR) price prediction.
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