Ardor

Ardor PriceARDR

Rank #631

$0.09119

+0.36%
0ARDR
1ARDR$0.09119
0ARDR
1ARDR$0.09119

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About Ardor (ARDR)

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Ardor is the latest in the growing field of contenders for blockchain as a service (BaaS) providers. Ardor provides the blockchain infrastructure for businesses and institutions to leverage the strengths of blockchain technology without having to invest in developing custom blockchain solutions. Instead, Ardor offers a main chain that handles blockchain security and decentralization plus customizable child chains that come ready to use, right out of the box, for various business applications. Ardor goes beyond Nxt to solve critical issues of blockchain bloat, scalability, and customization. Nxt is a well respected, verified, and established blockchain technology with a comparatively long history and an experienced development team. However, as blockchain usage increases over the coming years Nxt, and other blockchain technologies, will face some fundamental problems with payments, scalability, and customization. The first and most straightforward problem is the use of native tokens for transaction fees. Nxt uses a forging proof of stake system, meaning that the total token supply has already been created and new tokens aren’t created with each block. Instead, the forgers that verify the blocks receive a portion of the transaction fees paid on the network. As such, the transaction fees need to be paid in NXT, even if you’ve created a new currency that’s independent of Nxt, you’ll still need to own NXT in order to pay miners, diluting the value of your own currency. To test Ardor’s capabilities and serve as an example of an operating child chain, the Ardor developers have created Ignis. Ignis will implement all of the customizable features that come from the Nxt code base. Essentially, Ignis will be a proof of concept and could be the first of many more child chains on the Ardor platform. The Ignis ICO recently raised $15 million in funding for development. In the future, Ardor child chains could be used to create equity trading pl

Ardor (ARDR) Price Trends

24H High$0.09229
24H Low$0.0865
24H Volume$5.90M
Market Cap
$91.05M
All-Time High(ATH)$2.04
Circulating Supply
998.46M ARDR
All-Time Low(ATL)$0.008745
Total Supply
998.46M ARDR
Market Cap/FDV
100%
Max Supply
998.46M ARDR
Fully Diluted Valuation
$91.05M
Market SentimentNeutral

Live Ardor (ARDR) Price Update

Ardor price today is $0.09119 with a 24-hour trading volume of $5.90M, and as such Ardor has a market cap of $91.05M, giving it a market dominance of 0.0021%. The Ardor price moved +0.36% in the last 24 hours.

Time period
Change amount
% Change
1H+$0.001638+1.83%
24H+$0.0003271+0.36%
7D-$0.01207-11.69%
30D-$0.004588-4.79%
1Y-$0.007341-7.45%

Credibility Indicators

65.21
Reliability Score
Rank #2979
PercentileTOP 20%

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