Ardor Price, News and Analysis (ARDR)

Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow users to create their own child chains with specific settings for asset issuance. Ardor is the evolution of the NXT blockchain and offers many advantages over its predecessor, both in functionality and in scalability. ARDR, the Main Chain tokens are the backbone of the platform, they will be used maintain the blockchain and forge tokens from tx fees, which is the equivalent of Mining in the NXT Proof of Stake (PoS) protocol. The distribution process for Ardor started on the 14th of July and lasted until 12th of October. During this time hourly snapshots of NXT Balances were taken and averaged, the balance was then given to holders on a 1 to 1 scale. ARDR issued as an asset on the NXT 1.9 Blockchain until the full release of the Ardor Platform in Q3 of 2017. A second set of tokens will be given to users according to their NXT holding on the day the first block of Ardor is mined, meaning that the balance won’t be measured and averaged over a period of time, but will instead be given on a 0.5 – 1 scale according to the one snapshot taken at the moment of the Genesis Block. These tokens will house the features of the first Ardor child chain. (Description provided by CryptoCompare)

Ardor can be purchased or sold on the following cryptocurrency exchanges: HitBTC, Poloniex, AEX and LiteBit.eu.

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

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 S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Ardor (ARDR) is currently worth $0.37 on major cryptocurrency exchanges. You can also exchange one Ardor for 0.00004230 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Ardor in U.S. dollars is $371.76 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.