Project Overview
Ardor (English name ardor) is the token of the Future Coin 2.0 system. The Future Coin team released the Aduo plan (that is, the Future Coin 2.0 token) in May 2016, and in 2017, the Future Coin blockchain system with new features was released. Ardo ARDR is generated by a 1:1 snapshot of the old future coins, with a total amount of 1 billion. The existing Ardor ARDR is generated by the snapshot of future coins from July to October 2016.
Ardor is a scalable blockchain platform. Ardor solves the blockchain bloat problem by dividing Nxt into forged chains and pruable sub-chains. The Ardor main chain focuses on protecting all main chains and processing transactions without having business conflicts with sub-chains. The scientific architecture makes Ardor the infrastructure of the entire NXT sub-chain ecosystem. Since it is built with Nxt technology, Nxt features such as asset exchange, dividend payments, messaging, voting, shuffling and currency systems will be available on the subchain. Additionally, users will be able to conduct certain cross-linked transactions between sub-chains on the platform. Users can issue their own subchains, and people can use blockchain technology without building a framework from scratch. Speed, scalability, security and reliability are the characteristics of ADO, which opens the door to a new world for enterprise-level blockchain technology applications.
Project Highlights
1. Advanced Architecture
The unique parent-child architecture of the Ardor platform allows companies to build products and services using child chains while relying on the safety.
2. Energy efficient
The Ardour platform uses a Proof-of-Stake consensus algorithm to eliminate mining competition, so nodes can use low-energy and economical hardware.
3. Reliable and maintainable products
Ardor is based on NXT's four years of production experience and is the most popular development language for commercial applications developed in Java.
4. Fast
Each block containing all subchains is packed in 60s or less. Subchain transactions can be removed from the blockchain after confirmation to keep the actual blockchain lightweight and efficient.
5. Scalability
Subchain transaction data will be pruned so that the block size is independent of all subchains.
6. Security
Ado is developed by Jelurida, a company that is part of the core development team of Future Coin. Future Coin is proven to be safe and stable.
Application scenarios
1. Provide blockchain services - Ardor will open a blockchain development platform for organizations and individuals around the world. The high barriers to entry for blockchain are about to disappear.
2. Manageable blockchain capacity size - By separating out transactions and data that do not affect security, Ardor will solve the scalability problem and integrate all those that do not affect security. Transactions and data are moved to child chains. The Ardor team will create the first subchain to accommodate many of the Nxt 1.0 tools and future features. This small size also has short transaction times, so processes take a fraction of the time to perform functions compared to Bitcoin.
3. Distributed asset exchange - by establishing asset exchange on NXT, Ardor will be able to exchange the assets of any sub-chain token on any sub-chain. This allows sub-chains to interact with each other and opens up many opportunities for collaboration and allows for cross-chain asset trading, a long-requested feature in the Nxt ecosystem.
4. Distributed voting and governance system - will become the core of decentralized consensus in the future. Secure and anonymous voting will be a feature available to all subchains on the Nxt platform.
5. Staged transactions - Before executing a transaction, the user can set a number of conditions including a minimum number of votes and a set amount of time. Like Nxt, Ardor will use Expert Advisors. Therefore, the user only needs to submit the required parameters for the transaction and the ID of the function to be used. The transaction process is also completely decentralized. No need for centralized servers, services or applications like Ethereum's Oracle.
