How & Where to Buy Ardor (ARDR)
Step 1: Buy BTC or ETH at Coinbase
Sign up and purchase bitcoin (BTC) or Ethereum (ETH) at Coinbase.
If Coinbase is not available in your jurisdiction, view our list of exchanges that sell BTC or ETH for Government issued money.
Use Ardor: Ways to send & spend ARDR
Ardor Price & Information
Current ARDR price and historical price chart
What is Ardor
Ardor is a derivative of Next platform which allows anyone to create his own blockchain for specific and even personal uses against a fee which can be paid via the native coin, Ardor (sym. ARDR).
Ardor main blockchain is called the main child chain while the user created ones are called child chains.
History of Ardor
The Ardor Testnet was launched in Q1 2017 and in Q2 2017 several major updates took place including implement Smart Phasing and By-Property Phasing. The Ignis ICO was launched during Q3 2017 and asset control mechanism was implemented.
Ardor mainnet is launch on Q4 2017 and soon BitSwift became one of the early adopters of the network. There are several ETH, BTC and USD pegged child coins which are back by the 3rd party business entities.
How Ardor Works
Creating a blockchain is a technical task but the need of using blockchains for every digital purpose is growing rapidly.
Ardor utilises the Next (sym. NXT) network and presents a decent interface to developers to create child chains (side-chains). The processing will be done on the Ardor main chain and thus, the developers don’t need to worry about that. The child chain users can take part in decentralized phasing, voting, and trading and more.
The coin itself is used to pay for the charges for using the Ardor main chain.
- Data Cloud: Using the irreversibility of data on blockchains, one can store sensitive data in the blockchain where it is permanently stored and the timestamped.
- Voting Power: users can take part in completely anonymous and secure voting. Nobody can hack it or change the outcome because it is all on the blockchain.
- Phasing: It is easy to create conditional payment or payment in future (deferred execution) on the Next network and Ardor inherited that feature as well. place: The marketplace allows all the users to buy and sell items and services from each other, even if they are on different child chains.
- Aliasing: Funds can be transferred to a ‘name’ instead of a complex wallet address. This makes transactions easier.
- Account Control: Users can secure an account or transaction authorisation using multiple signatures. This greatly improves the usability on DAO or private company networks.
- Monetary System: Child chain creators can easily create their own coins and name it whatever they want.
- Plugins: Easy availability of plugins allows developers to instantly add further features into the network. This saves the extra effort needed when installing a common feature.
- Child chain Interoperability: The user of a child chain on the Ardor network can trade seamlessly with the user of another child chain and exchange assets.