Ardor (ARDR)

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Average Ratings

Risk?

Measures absolute and relative price fluctuations over several time frames and other variables.

★★☆☆☆
Roi?

Calculates returns in comparison to moving averages and other factors.

★★☆☆☆
Tech?

Measures the ability to scale, upgrade and other technological weaknesses or strengths.

★★★★☆
Team?

Evaluates public acceptance, participation of developers and other key factors.

★★☆☆☆
Total
★★☆☆☆

Website:

https://www.ardorplatform.org/contact-us-more-information-about-ardor

Social:

Risk: 2 Star

Ardor competes with Stratis as a blockchain as a service (BaaS) to Businesses. Ardor runs on the NXT platform. This provides a great advantage and disadvantage. On the plus side, Ardor offers all of the features associated with the NXT platform, but on the downside, Ardor is at the mercy of the NXT platform and can only grow as fast as the NXT platform updates. So if you invest in Ardor you are in a way investing in NXT as well.

ROI: 2 Stars

Ardor operates with the help of parent chains and child chains. Ardor operates the parent chain and is responsible for providing security to the Ardor platform and all its child chains. It does not have many features due to which it is lightweight and fast. It’s important to understand that Ardor is not a currency, but a token that securitizes Ardor platform and all the child chains.

Tech: 4 Stars

Every node needs to store and reprocess all the transactions since the blockchain has been created. This processing bottleneck keeps on increasing as the blockchain increases and is called blockchain bloat – which leads to the issue of network scalability. Ardor addresses this problem by creating parent chain that secures and processes all the child chain transactions, and these limited features of the parent chain help in reducing the blockchain bloat that occurs with the accumulated storage of information.

Team: 2 Stars

Ardor uses PoS as a consensus algorithm which enables anyone to participate in forging (transactions processed into blocks) as PoS doesn’t need a huge amount of hardware.

Overall

Ardor is a platform that offers BaaS to Businesses. Whereas Bitcoin is attempting to becoming a worldwide payment system, Ardor wants to become the cryptocurrency that is used within business transactions.

Risk: 2 Star

Ardor competes with Stratis as a blockchain as a service (BaaS) to Businesses. Ardor runs on the NXT platform. This provides a great advantage and disadvantage. On the plus side, Ardor offers all of the features associated with the NXT platform, but on the downside, Ardor is at the mercy of the NXT platform and can only grow as fast as the NXT platform updates. So if you invest in Ardor you are in a way investing in NXT as well.

ROI: 2 Stars

Ardor operates with the help of parent chains and child chains. Ardor operates the parent chain and is responsible for providing security to the Ardor platform and all its child chains. It does not have many features due to which it is lightweight and fast. It’s important to understand that Ardor is not a currency, but a token that securitizes Ardor platform and all the child chains.

Tech: 4 Stars

Every node needs to store and reprocess all the transactions since the blockchain has been created. This processing bottleneck keeps on increasing as the blockchain increases and is called blockchain bloat – which leads to the issue of network scalability. Ardor addresses this problem by creating parent chain that secures and processes all the child chain transactions, and these limited features of the parent chain help in reducing the blockchain bloat that occurs with the accumulated storage of information.

Team: 2 Stars

Ardor uses PoS as a consensus algorithm which enables anyone to participate in forging (transactions processed into blocks) as PoS doesn’t need a huge amount of hardware.

Overall

Ardor is a platform that offers BaaS to Businesses. Whereas Bitcoin is attempting to becoming a worldwide payment system, Ardor wants to become the cryptocurrency that is used within business transactions.