Ardor Price, News and Analysis (ARDR)

Ardor is a multichain blockchain platform with a unique parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the rich functionality. This elegant design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards mainstream adoption of blockchain technology. Not only that - Ardor is created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions. Where did Ardor come from? Ardor is being developed by Jelurida Swiss SA, founded in 2016. The company started upgrading Nxt blockchain system and created Ardor to provide a platform for facilitated and accelerated transactions. The platform obtained a good reputation among users, analysts, investors, and experts. Ardor’s mission is to form a universal, user-friendly, and easy crypto platform facilitating different concepts implementation. Jelurida worked on creating ways to allow each third-party developer to make his own projects. The platform’s authors presented a smart contract technology that is completely different from Ethereum although some parallels are made between them. What are the advantages of Ardor? All child chains have their own native tokens, used as a unit of value and forpaying transaction fees, and a variety of ready to use features;Scalability is achieved by pruning of the unnecessary child chain data once theyare included in the permissionless Ardor parent chain, preventing the "bloat" ofthe network;All child chains are connected and share the same source code, ensuringecosystem interoperability that allows child chain token trading to one another ina fully decentralized way and transactions on one child chain to access data orentities on another. (Description provided by CryptoCompare)

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Ardor.

Weiss Research, an investment research firm that rates cryptocurrencies, has given Ardor an overall rating of "D", a technology and adoption rating of "E+", and a market performance rating of "B+".

Ardor produces its own wallet software that is available for download on its website, which allows you to store Ardor on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Ardor (ARDR) is currently worth $0.16 on major cryptocurrency exchanges. You can also exchange one Ardor for 0.00000428 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Ardor in U.S. dollars is $160.78 million.

Ardor is a proof-of-stake (PoS) currency, which means that blocks on the Ardor blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

The official Reddit community (subreddit) for Ardor is r/ardor.