Ardor (ARDR) trading has been locked on Bittrex since the NXT snapshot on Dec 28 2017. The price has been locked at .00011738 BTC with ARDR been on a uptrend for weeks before the snapshot, will the uptrend continue? Will it Moon?
What is Ardor?
Ardor is a blockchain-as-a-service ecosystem. Much like Ethereum, the Ardor platform eliminates the need to operate outside of the robust platform, and also – as a Proof of Stake platform – eliminates the need for mining. While Ardor’s open source nature will drive much of its innovation, its parent company offers commercial licensing on this product as well.
Ardor offers two key chains.
The Ardor main chain is the processing brain behind all Ardor child chains. It serves to improve performance by relieving blockchain bloat, with each block containing child chain transactions processed in 60 seconds or less. It also functions to distribute the Ardor token (ARDR) from one account to another.
Ardor child chains are independently-created and owned chains. Child chains offer the option to use the Ardor token, or any other token of the chain owner’s choosing. Thanks to bundling, processing non-essential and secure data take place in the child and main chain, respectively. Child chains have the ability, however, to trade assets with any other child chain on the entire Ardor ecosystem. While the setup is still a manual process at this stage, it’s far easier than creating one’s own blockchain.
If you need a breakdown of what happened, check out the launch flyer below.
So with the main-net launch will this price blow up tp new ATHs, I think it is an interesting Crypto to keep an eye on.