ARDR tokens are primarily used for: * **Securing the Network:** ARDR operates on a proof-of-stake consensus mechanism. Those who hold and stake ARDR tokens participate in the process of validating and forging new blocks, helping to maintain the security and integrity of the network. * **Fees for Child Chain Creation:** Entities wishing to create their child chains on the Ardor platform may be required to pay fees in ARDR tokens. * **Voting:** ARDR tokens can also be used in some decision-making processes within the network, allowing stakeholders to have a say in certain developments or changes to the platform.

Ardor

Q: What is it?

**Ardor (ARDR)** Ardor (ARDR) is a cryptocurrency token that is primarily used to establish consensus and secure the Ardor network. The ARDR token operates as a "proof-of-stake" token, which means that holders can "stake" their tokens to help validate and forge new blocks on the Ardor blockchain, thereby receiving rewards in the process. **Ardor Platform** The Ardor Platform is a scalable, multi-chain blockchain-as-a-service (BaaS) platform designed to allow businesses, institutions, and other entities to develop their blockchain solutions with relative ease. Ardor's architecture is unique in that it separates the network security chain, also known as the parent chain, from the transactional chains, known as child chains. This separation allows for scalable and customizable child chains that can be tailored to specific use cases, without congesting the main Ardor chain.

ARDR

#475

$0.02786($0.00)

Key Stats

Market Cap$27.84M

Volume (24h)$3.09M

Fully Diluted Value$27.82M

Vol/Mkt Cap (24h)11.09%

Total Supply998.47M ARDR

Max Supply∞

Circulating Supply999.00M ARDR

Launch Date2018-01-01

Block Number4,699,528

Ardor Information

Websites

ardorplatform.org Whitepaper

Block Explorers

ardor.tools

Hashing Algorithms

SHA-256

Industries

Platform

Ardor Price Converter

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Instrument	Exchange	Benchmark Data	Price	24h Change
ARDR-USDT ardrusdt	huobipro	C	0.02770USDT	-2.46%
ARDR-KRW KRW-ARDR	upbit	B	40.60KRW	-0.73%
ARDR-KRW ARDR_KRW	bithumbkorea	-	40.47KRW	0.45%
ARDR-BTC BTC-ARDR	upbit	B	0.0₆3399BTC	-5.56%
ARDR-USDT ARDR_USDT	poloniex	C	0.02150USDT	-14.00%

About Ardor

Ardor (ARDR) is a cryptocurrency token used to secure the Ardor network. It operates on a proof-of-stake consensus mechanism, allowing holders to stake their tokens to validate and forge new blocks. The Ardor Platform is a scalable, multi-chain blockchain-as-a-service (BaaS) platform, separating the network security chain from transactional chains for scalability and customization. ARDR tokens are used for securing the network, paying fees for child chain creation, and participating in decision-making processes within the network.

Frequently Asked Questions

Ardor (ARDR) Ardor (ARDR) is a cryptocurrency token that is primarily used to establish consensus and secure the Ardor network. The ARDR token operates as a "proof-of-stake" token, which means that holders can "stake" their tokens to help validate and forge new blocks on the Ardor blockchain, thereby receiving rewards in the process.

Ardor Platform The Ardor Platform is a scalable, multi-chain blockchain-as-a-service (BaaS) platform designed to allow businesses, institutions, and other entities to develop their blockchain solutions with relative ease. Ardor's architecture is unique in that it separates the network security chain, also known as the parent chain, from the transactional chains, known as child chains. This separation allows for scalable and customizable child chains that can be tailored to specific use cases, without congesting the main Ardor chain.

ARDR tokens are primarily used for:

Securing the Network: ARDR operates on a proof-of-stake consensus mechanism. Those who hold and stake ARDR tokens participate in the process of validating and forging new blocks, helping to maintain the security and integrity of the network.
Fees for Child Chain Creation: Entities wishing to create their child chains on the Ardor platform may be required to pay fees in ARDR tokens.
Voting: ARDR tokens can also be used in some decision-making processes within the network, allowing stakeholders to have a say in certain developments or changes to the platform.