After managing to bounce on Black Thursday, there’s no follow through and instead seeing a strong rejection over diagonal resistance. On 3rd test of support and forming descending triangle at the moment. “Choppiness” is what to be said about this timeframe. A strong rejection on EMA99 retest, follows by a strong protection of EMA25 and EMA7, as well the S/R flip at ~6.1k. It has been a hella couple of weeks on the crypto market (and traditional market, and every other corner in life). In the above table you see the total amount of NXT (careful, this is your investment worth in NXT in the end) if you are holding all your NXT for the snapshot.

They can issue a separate coin (or token) for their chain, enable and disable specific network features and get their transactions processed fast and without mixing them with information from parallel child chains. Freewallet team is always on the lookout for ambitious projects and coins of great potential to support in our apps. Back in October 2016, we released a dedicated ARDR Wallet, a digital asset which was later included in our Crypto Wallet app. Initially a part of the NXT blockchain, ARDR switched to a standalone network on January 1st, 2018.

Ardor: A Long Way Home Freewallet updates ARDR Wallet

The maximum available supply of the tokens (1 billion) is already in circulation. Made a nice move to retest 1D EMA200 this week over the news of its being accepted into Berkeley Blockchain Accelerator 2020 cohort (with not super impressive volume to be frank). Technically would be gambling to enter before it at least flip any level in the chart but daily uptrend is still holding (indicating by the bounce over 1D EMA99).

Ardor is a blockchain platform designed as an efficient Blockchain-as-a-Service (BaaS) solution. It means that there isn’t one and only blockchain, but rather a parent chain supporting multiple child chains. Every child chain has a native coin (token) used for transaction fees, and a set of features, such as creating and exchanging assets, poll voting, messaging, etc.

Crypto Notifications

There is a maximum available supply of 1 billion ARDR tokens and all of them are currently in circulation. As of December 2017, ARDR’s market cap reached $708 million USD with a 24-hour trade volume of $15 million USD. The value of ARDR was $0.708 and Ardor ranked 26th in the top 30 crypto assets by market capitalization.

You may, however, buy Bitcoin with fiat currency and subsequently convert it for Ardor. He oversaw the development and product management of a major mainframe integration solution at Software AG before founding Jelurida. Jelurida recommends storing ARDR in the Nxt core client that can be downloaded from Nxt.org. There are versions available for Windows, Linux, and Mac OS X. There is also a mobile version of the wallet available for Android. Volume is pretty much very lacking on this one (which is understandable on consolidation and given the liquidity drain of crypto market as a whole). Looking from a wider perspective, 1D EMA99 (~60 sat at the moment) would be a significant obstacle that probably will take some times to break before a real run (if there’s ever any).

View Historical Data

Scalability is achieved by pruning superfluous child chain data once it has been integrated into the permissionless Ardor parent chain, minimizing network “bloat.” Starting the next 14th of July, the Nxt network will take a snapshot of all the account balances https://cryptolisting.org/coin/ardr every hour. So anyone who holds NXT during the snapshots period, regardless of when the NXT were acquired, will participate in the initial Ardor distribution. Basically, any project or individual can create a dedicated child chain with the ARDR platform.

• Its one-of-a-kind architecture was developed from the start to address existing blockchain technology issues and assure scalability.
• Ardor is a multi-layered Blockchain project developed by the Nxt platform that is sold on exchanges under the ARDR code.
• Back in October 2016, we released a dedicated ARDR Wallet, a digital asset which was later included in our Crypto Wallet app.
• Transactions in the network are handled very rapidly, in only 60 seconds.
• Every child chain has its own native tokens, which are used as a unit of value and to pay transaction fees, as well as a number of ready-to-use features.
• The value of ARDR was $0.708 and Ardor ranked 26th in the top 30 crypto assets by market capitalization.

Child Chains provide a low-cost and stable ecosystem and connect to other chains thus making the main Ardor blockchain. The system can be used for any purposes as well as personal and public ones. The total amount of IGNIS coins issued will be equal to half of the amount of NXT coins existing on the Nxt blockchain at the time of the Ardor Genesis Snapshot, plus 500 M (five hundred million). Transactions in the network are handled very rapidly, in only 60 seconds. There is no link between the variety of child circuits and the size of the blockchain.