The team includes experienced blockchain developers who previously worked on Nxt. The project was developed in 2016.
Ardor is an open-source blockchain platform.
The platform is considered an evolution of the Nextcoin software, offering many advantages in scalability and functionality. Ardor features large storage, simplified anonymous transactions, and the ability to create accounts and vote. With the help of the system, you can create your chains with different settings for asset release. To solve the zooming problem, creators have developed two chains: the main one is Ardor (responsible for security), and the branch one is Ignis, which has all the necessary functions and settings and is connected to the main chain.
This data distribution structure is considered the main advantage of the network. ARDR uses a new transaction clipping scheme to avoid bloating the blockchain. In the future, there will be no need to store a copy of the transaction history, only the last data for a specific period that is linked to the branch chain.
ARDR is a coin that serves to maintain the blockchain. All fees for conducting monetary transactions are paid in domestic currencies. Mining is not provided.