Ardor ARDR Genesis Snapshot

The execution of transactions from multiple child chains in parallel is being investigated in order to boost total network throughput even further. The remaining IGNIS tokens will be distributed as a free airdrop to all NXT coin holders based on their account balances at a ratio of 0.5 IGNIS per 1 NXT during the last week of December 2017. Ignis is scheduled to go live a week later on January 1, 2018. It will test the platform’s potential as a decentralized BaaS solution. All existing Nxt blockchain features will be inherited by Ignis in addition to Ardor platform specific enhancements.

The team is made up of well-known, seasoned engineers with more than four years of expertise in developing and maintaining blockchain code. Furthermore, one of the co-founders has a law background and oversees the legal aspects of open-source architecture and blockchain applications. Ardor has its own cryptocurrency called the Ardor token (abbreviated ARDR). ARDR uses a proof-of-stack consensus algorithm, which is an eco-friendly algorithm that doesn’t require an enormous amount of computational power to run.

Coin Marketplace

Ardor builds on the proven technology of NXT and adds new features like pruning and childchain creation. Nxt is an advanced open source application platform which expands the things you can do with a blockchain. Ardor is 100% Proof-of-Stake so no additional processing will be needed for mining as all tokens have already been created. The Ardor Platform improves blockchain performance by reducing bloat and solving the blockchain scalability problem. Ardor is currently unavailable for purchase using fiat currencies on any of the supported exchanges.

Pretty much still on consolidation for a few more days at least. With many majors being bearish after the Bitcoin crash you would think it’s not a good period for high altcoin exposure. After managed to bounce above EMA200 after Black Thursday, the follow through had been disappointing as it broke down below all major EMAs and previous S/R flip at ~0.024 BTC. Unless you got a short entry on that EMA99 rejection, it’s still looks risky to short with tight stop, as a retest of EMA99 still hold significant possibility.

Telegram Coins

The stablecoin solution enables shareholders to deposit and withdraw stablecoins. Ardor  (Ardor) tokens are now available for purchase on multiple exchanges, including many top-tier platforms like Binance, OKEx, Huobi https://cryptolisting.org/coin/ardr Global, Upbit, and HitBTC. The Ardor platform is established by Nxt platform developers. The Nxt platform was established in 2013 and hosted one of the first initial coin offerings (ICOs) in the cryptocurrency market.

I also use the NXT/USD rate (which is not important) and the average JLRDA price in NXT, calculated from the total JLRDA sold in each ICO round with the according price (e.g. 394’000’000/440’000’000). I take no responsibility for any actions you take based on this post. I need to make some assumptions in order to make predictions. And as we all know, the market is not just mathematics, it’s also psychology and therefore not always that easy to predict… IGNIS is the first childchain on Ardor and will be available on the official launch of Ardor.

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Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Ardor’s price and market cap. You can email the site owner to let them know you were blocked. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Retest of the ~1160 sat level and possibly ~1075 sat level would be interesting to watch for possible continuation of uptrend. Vinny coin looks nice for a flip with its on verge of breaking out from the triangle and it also has a history of spiking. Similar to $STORM, doing a test on EMA200 after making higher lows.

• This signals a strong interest of “protecting” this level and when/if it get nears this EMA again in the future, it might be time to zoom in and consider some entry.
• These are not all options you have, but some of the most common.
• Now, if you invest your NXT in ICO round 1, all scenarios will be at least as much worth as the snapshot participation scenario 1.

From the horizontal levels point of view, it’s sitting right on a significant resistance right now, so a flip of this level would signal uptrend bias. With its start making HL and HH a retest of 17–18 sat would make a good entry if you anticipate that trend to continue. Be aware about the risk of daily chart turns into a SFP (Swing Failure Pattern) especially if Bitcoin goes to the downside next week.

Getting Started With Ardor

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).

• From the remaining 500 M IGNIS, 440 M will be offered to the general public in the IGNIS crowdsale (conducted using JLRDA IOU tokens, and 60 M will be kept by Jelurida.
• As many has pointed out, noticably TraderXO, Bitcoin has closed just above EMA200 on weekly last week, and this week has seen a noticable bounce over this EMA, both in % and volume.
• At most it means “it’s not dead yet” as a cleanly close below EMA200 would be hard to recover from macro point of view.

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.

If it fails to break resistance right now, a retrace to 44–45 sat is a possible entry for aggressive trader. Super choppy over the last couple of weeks, yet low timeframe uptrend still intact. Also an interesting project fundamentally, this signals a strong accumulation in my opinion (Bittrex’s volume doesn’t tell you the story as there are strong OTC activities as well).

All of these scenarios work only under the assumption that the JLRDA/IGNIS price in NXT is stable over time. IGNIS could be worth more or less as the average NXT calculated here. But based on what you think where the IGNIS price in NXT will go you can decide which scenario is probably the best for you.