Ardor

Ardor is a blockchain platform that offers a unique approach to blockchain technology by providing a parent-child chain architecture. This design allows for the creation of multiple child chains, each with its own unique features and applications, while benefiting from the security and decentralization of the parent chain.

Overview

Ardor was developed by Jelurida, a company known for its work on the Nxt blockchain. The platform was officially launched on January 1, 2018. Ardor aims to address several key issues in the blockchain space, including scalability, customization, and ease of use.

Architecture

The Ardor platform consists of a main chain, known as the parent chain, and multiple child chains. The parent chain is responsible for the overall security and consensus of the network, while the child chains can be customized for specific use cases. This architecture allows for greater flexibility and scalability compared to traditional single-chain blockchains.

Parent Chain

The parent chain handles the core functions of the Ardor network, including proof-of-stake consensus, security, and transaction processing. It ensures that all transactions on the child chains are secure and immutable.

Child Chains

Child chains are customizable blockchains that operate under the security umbrella of the parent chain. Each child chain can have its own unique features, such as custom tokens, transaction types, and business logic. This allows developers to create specialized applications without the need to build a blockchain from scratch.

Features

Ardor offers several features that make it a versatile platform for various applications:

• Scalability: The parent-child chain architecture allows for horizontal scaling, as new child chains can be added without affecting the performance of the parent chain.
• Customization: Developers can create child chains with specific features tailored to their needs, such as custom tokens, voting systems, and data storage.
• Security: The parent chain provides a secure and decentralized environment for all child chains, ensuring the integrity of transactions and data.
• Interoperability: Child chains can interact with each other and with external blockchains, enabling a wide range of use cases and integrations.

Use Cases

Ardor's flexible architecture makes it suitable for a variety of applications, including:

• Supply Chain Management: Companies can use child chains to track and verify the movement of goods through the supply chain.
• Financial Services: Financial institutions can create custom tokens and smart contracts for secure and transparent transactions.
• Voting Systems: Organizations can implement secure and transparent voting systems using Ardor's customizable child chains.
• Data Storage: Businesses can store and manage data securely on the blockchain, with the ability to customize access and permissions.

Related Pages

• Blockchain
• Nxt
• Proof-of-stake
• Smart contract
• Cryptocurrency

See Also

• Jelurida
• Scalability (blockchain)
• Decentralization
• Tokenization