The Ardor cryptocurrency (ARDR) is a project developed by the NXT blockchain team. The platform was created to simplify the integration of crypto assets into the business, its main task is to facilitate the exchange of digital money for companies. Experts have released a new version of NXT, which successfully solved several key problems. In particular, we are talking about scalability and bloat blocks.
The basis of the platform is the Ardor token. It has the role of maintaining the blockchain and issuing coins to transaction fees, which is equivalent to mining on the mechanism of Proof-of-Stake, provided in NXT. The service is equipped with a number of tools that simplify its work for business and improve the functionality compared to the previous version.
Hardware mining for cryptocurrency is not provided. Digital money can be obtained in ways that are provided by the implemented algorithm Proof-of-Stake. The ARDR emission is strictly limited to counteract inflation.