Quick jump
Hello and welcome to this blog post about Ardor ARDR White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the Ardor ARDR white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the Ardor (ARDR).
I can ensue you that, you will be able to understand every bits and pieces related to Ardor (ARDR) after going through the Ardor ARDR white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
Ardor ARDR White Paper
Ardor ARDR white paper will be going to provide you, all the information that is needed to get started with Ardor (ARDR), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Ardor (ARDR).
Introduction
“Ardor is a blockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain. It is currently successfully running on a testnet and will be launched in Q4 2017.
The unique parent-child chain architecture of Ardor, with a single security chain and multiple transactional chains, enables three fundamental advantages – reducing blockchain bloat, providing multiple transactional tokens, and hosting ready-to-use interconnected blockchains.
To kickstart the Ardor project and allow it to compete with the rapidly-growing blockchain market, the development team behind Nxt and Ardor decided to conduct a crowdsale for 50 % of IGNIS – the token of Ignis, the first Ardor child chain.
Jelurida will be the corporate entity that will be responsible for the development of Ardor and Nxt platform. The Ignis child chain will be completely unrestricted and decentralised with all features and functionality which currently exist on the Nxt blockchain.
Multiple additional child chains can be created on the Ardor platform for various organizations, such as public entities, enterprises, consortiums, research institutions, and financial service providers.
The platform technological innovations make it possible for large corporations and SMEs to have a child chain with ready-to-use features, instead of creating their own blockchain and developing features from scratch. Child chains can be implemented in a cost-efective way without compromising their security, which is guaranteed by the parent Ardor chain.”
White Paper Link: Ardor (ARDR) White Paper
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