STEEM Nation: NXT and Ardor Will Be Presented April 25-26th

beeridiculous (57)in #cryptocurrency • 7 years ago

Welcome to steem Nation! Today lets talk NXT and Ardor. Now April 25-26th the NXT and Ardor blockchain will be presented by the Jelurida Team, in my short time in cryptocurrency this usually a sign of these coins uprising in price. Am I right ? I think you should buy and I already have, these prices are at the perfect price to make a substantial amount of $$$. Now let's take a look at what these currencies are and what they do.

NXT DECENTRALIZING THE FUTURE

Nxt is an advanced blockchain platform which builds on and improves the basic functionality of pioneering cryptocurrencies such as Bitcoin. Cryptocurrency and financial systems are the first widely used applications of blockchain technology, but the blockchain and its associated technology can be used for so much more.
Nxt revolutionises the financial technology, crowdfunding and governance industries by providing not only the groundbreaking NXT crypto-currency, but also a powerful, modular toolset to build with in any way Nxt users can imagine. Nxt gives users complete freedom to create their own applications.

Ardor

Advanced Blockchain Technology at Your Fingertips

Ardor is a blockchain-as-a-service platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. Since all processing will be done on the Ardor main chain, child chain creators won’t need to worry about common issues when creating a blockchain as well as securing it with enough nodes. Child chains will be able to utilize features currently seen in Nxt such as decentralized phasing, voting, and trading, as well as be able to interact with other child chains on the platform, including IGNIS, the first child chain to be launched.

The Ardor Main Chain

The Ardor Main Chain will be where all Ardor tokens (ARDR) will reside. It will serve as the system that secures all child chains and processes their transactions. While some transactions will be possible on the Main Chain, such as exchanging ARDR from one account to the other, most features will be unavailable on the chain itself in order to improve its performance and reduce blockchain bloat. Because it is 100% Proof-of-Stake, no additional processing will be needed for mining as no new tokens will be created.

Fast

Each block containing all child chain transactions will be processed in around 60 seconds or less.

Scalable

Child chain transaction data will be pruned, thus making the size of the blockchain independent of the number of child chains.

Secure

Ardor will be built by Jelurida, the company of the core development team of Nxt, a blockchain with years of proven security and stability.

Pretty cool stuff here, you be the judge I'm definitely invested in both in hopes of hitting it big.

Thanks for reading!

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