Polkadot has been hitting the crypto headlines lately, after a long-awaited main net launch that’s been several years in the… read more
What is Ardor?
These tokens will house the features of the first Ardor child chain. 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. 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.
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