Categories
Cryptocurrencies

Ardor

Ardor (ARDR)

Ardor is a Blockchain-as-a-Service platform that utilizes two types of blockchains: the main blockchain and child blockchains. The Ardor Coin (ARDR) is integral to the system, as it is used for transaction fees within the child chains. These fees are collected in ARDR and paid to the main blockchain. The platform is designed to manage scalability and versatility issues, providing a comprehensive ecosystem where users can interact without leaving the platform. It addresses the challenge of storing and processing large amounts of non-essential long-term data by separating chain security tokens from those used for regular transactions.

Ticker ARDR
Category Infrastructure
Website https://www.ardorplatform.org/
Twitter @ArdorPlatform
Reddit https://www.reddit.com/r/Ardor/

Features of Ardor Coin

The Ardor Coin has several notable features, including:

  • Aliasing: Enables transactions using easy-to-remember names, with each alias having an expiration date.
  • Data cloud: Offers secure data storage on the blockchain, with options for public or private storage and timestamping.
  • The control account: Allows account restrictions or transaction prohibitions without multi-party approval.
  • Monetary system: Supports the creation of custom tokens alongside local subsidiary chain tokens.
  • Secure message transfer: Facilitates encrypted communication and file transfers.
  • CoinShuffle: Enhances privacy by enabling users to move funds through other users' tools.
  • Voting: Provides decentralized polling for secure, anonymous voting.
  • Plug-ins: Enables functionality customization through plug-ins.
  • Staged transactions: Allows for creating automatic transactions with deferred execution.
  • Marketplace: Offers a platform for buying and selling physical and digital items.

The company behind Ardor

Jelurida, a Swiss blockchain software development company, is the creator of Ardor. Established in the Netherlands in 2016, Jelurida focuses on developing and maintaining both Nxt and Ardor blockchain platforms. The company aims to ensure the long-term sustainability of these projects while exploring commercial opportunities for public, private, and hybrid blockchain solutions. In 2017, Jelurida expanded globally with offices in Spain, Israel, Netherlands, Bulgaria, South Korea, and Nigeria. The company assists various entities, including businesses, startups, and academic institutions, in integrating blockchain technology into their projects.

Team and development

Jelurida is the private entity behind Ardor, Nxt, and Ignis projects. The team, which has roots in the creation of Nxt in 2013, is one of the most experienced blockchain development groups worldwide, with numerous software engineers having over five years of experience working on these platforms.

Updated roadmap

Q1-Q2 2022

  • Introduction of per-transaction-type asset control
  • Implementation of asset trade royalties
  • Release of Ardor 3.0.1e on the testnet
  • Ongoing development and integration of Bridge Champ

Q3-Q4 2022

  • Launch of Ardor 3.0 on the mainnet
  • Continued development and maintenance of gateway contracts for wrapping Ardor assets with EVM-based tokens
  • Further development and integration of Bridge Champ
  • Continued development and maintenance of IPFS integration contracts
  • Feature development to support the end-user application ecosystem

Research projects

  • Development of child-chain subnets
  • Creation of decentralized pegged tokens
  • Establishment of decentralized liquidity pools
  • Integration of HD account functionality with contract runner and shuffling
  • Enhancement of contract runner security
  • Configuration of market-making contracts