| ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake

[BTCMILLIONAIRE]

Newb question incoming!

I feel like I've been looking and researching Ardor for ages but still don't understand the basic idea of BAAS. Why would a business want their own block chain and currency?  How does this idea transit into the real world? Is it just a way for new projects to gain from ICO crowdfunding? Is it a way for the business to take on its own currency that would be viewed as shares for its employees and/or shareholders? Can these businesses add and store data safely on their respective chains?

The only thing I can think of is having an immutable ledger for resource allocation. But I'm not sure what kind of company would need this outsourced. Smaller companies shouldn't need that type of book-keeping, and larger ones would probably be able to have this done cheaper themselves, or am I missing something?

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[ThomasVeil]

Newb question incoming!

I feel like I've been looking and researching Ardor for ages but still don't understand the basic idea of BAAS. Why would a business want their own block chain and currency?  How does this idea transit into the real world? Is it just a way for new projects to gain from ICO crowdfunding? Is it a way for the business to take on its own currency that would be viewed as shares for its employees and/or shareholders? Can these businesses add and store data safely on their respective chains?

Well, one use case that will be implemented as child-chain close to launch is assets that are pegged. So 1 token would be 1 Euro or such. It's ideal on the child-chain since the fees would be denominated in Euro with this example.

Similarly for example for businesses that want customer loyalty tokens. Let's say Starbucks-dollars. Starbucks can set tighter controls. For example it can block trade between users, so that only the company can give them out. Again, transfer fees could be nasty for users... so Starbucks could even support the chain and pay all fees (it would become the bundler).

That's only some ideas. As far as I understand, that could even allow them to create unique functionality for their own tokens. I would personally really like to see limited wallets for end users, that only support the features they specifically need.

At the end a lot of the Ethereum use cases, you could probably do with child-chains. It's more limited, but might do for most ideas. It will be more secure and easier to create.

Starbucks might even run their own blockchain ... I suppose they could afford it. But they don't really need to - they can rely on a big decentralized network of nodes. That should be fine. And for mid-sized or smaller businesses it would be a great option.
Also here I found an example for Blockhain-as-a-Service based on NXT that seems interesting (saving server logs on the blockchain to prevent hacks)

[SilverCryptoFX]

Newb question incoming!

I feel like I've been looking and researching Ardor for ages but still don't understand the basic idea of BAAS. Why would a business want their own block chain and currency?  How does this idea transit into the real world? Is it just a way for new projects to gain from ICO crowdfunding? Is it a way for the business to take on its own currency that would be viewed as shares for its employees and/or shareholders? Can these businesses add and store data safely on their respective chains?

Well, one use case that will be implemented as child-chain close to launch is assets that are pegged. So 1 token would be 1 Euro or such. It's ideal on the child-chain since the fees would be denominated in Euro with this example.

Similarly for example for businesses that want customer loyalty tokens. Let's say Starbucks-dollars. Starbucks can set tighter controls. For example it can block trade between users, so that only the company can give them out. Again, transfer fees could be nasty for users... so Starbucks could even support the chain and pay all fees (it would become the bundler).

That's only some ideas. As far as I understand, that could even allow them to create unique functionality for their own tokens. I would personally really like to see limited wallets for end users, that only support the features they specifically need.

At the end a lot of the Ethereum use cases, you could probably do with child-chains. It's more limited, but might do for most ideas. It will be more secure and easier to create.

Starbucks might even run their own blockchain ... I suppose they could afford it. But they don't really need to - they can rely on a big decentralized network of nodes. That should be fine. And for mid-sized or smaller businesses it would be a great option.
Also here I found an example for Blockhain-as-a-Service based on NXT that seems interesting (saving server logs on the blockchain to prevent hacks)

Thank you for the taking the time to reply with a nice angle of what could be with Ardor. I didn't know they could peg coins to currency, and have not seen that information anywhere on the platforms. That in itself could be a game changer as it screams stability to me for businesses and projects that want to get into the block chain space.

I'll be checking that link out. Thanks again.

[MoneyJ]

Price of ardor is steadily rising now in anticipation of mainnet release. I just could imagine how many in hundreds would make their business into blockchain. As the years go by it may be in thousands.

[tribanogrami]

Price of ardor is steadily rising now in anticipation of mainnet release. I just could imagine how many in hundreds would make their business into blockchain. As the years go by it may be in thousands.

Hey. Can you tell me when the ARDR project is launched?

[Cymatoxa]

Price of ardor is steadily rising now in anticipation of mainnet release. I just could imagine how many in hundreds would make their business into blockchain. As the years go by it may be in thousands.

Hey. Can you tell me when the ARDR project is launched?

Starting immediately after the end of the ICO at IGNIS. But the exact date of the end of no one knows as it moved

[ChesThor]

Does anybody know how much ignis Jelurida need to sell on ICO yet, 500 000 000?

[MaoChao]

Ardor vs Waves
https://www.nxter.org/ardor-vs-competition-pt-4-waves/

[NickCrypto]

Chart is great, look like that it want to hit 0.0006BTC as soon as BTC touches $5K
https://bitscreener.com/coins/ardor

[cryptohan]

I'm thinking about buying some ardor tokens before the mainnet release. What do you guys think from the potential of ardor?
Personally i'm pretty convinced about ardor but i'm a newbie in the cryptoworld. Hope you will give me your up-to-date opinion about Ardor.

[NickCrypto]

I'm thinking about buying some ardor tokens before the mainnet release. What do you guys think from the potential of ardor?
Personally i'm pretty convinced about ardor but i'm a newbie in the cryptoworld. Hope you will give me your up-to-date opinion about Ardor.

Anyone knows the algorithm of this coin?

[martismartis]

I'm thinking about buying some ardor tokens before the mainnet release. What do you guys think from the potential of ardor?
Personally i'm pretty convinced about ardor but i'm a newbie in the cryptoworld. Hope you will give me your up-to-date opinion about Ardor.

Anyone knows the algorithm of this coin?

Proof-of-stake.

[d5000]

Has the Ardor software testing (on the testnet) finished or will there be other test versions (e.g. because there are still problems or missing features)?

Quote from Riker (core dev) from slack: "There will be at least one more testnet release for ardor before mainet to introduce smart phasing and asset control."

Thanks martismartis (a bit late)! Although that would mean (almost for sure) at least one month more of Ardor testing. I think it will be likely that the final Ardor launch will then be in December, as we've already October 11 and there are still no signs of Ardor 2.04e (at least in the NXT forum).

But OK, I'll look forward to the "official" timeline that should be released in a few days.

What do you guys think from the potential of ardor?

If you are concerned about scaling of cryptocurrencies (a hot topic in the Bitcoin community ), then you should know that Ardor is one of the boldest attempts to solve that problem. And I think the solution Ardor provides is sound.

[Nightz]

I have looked into the the NXT forum and a question came up that unfortunately isn't answered here or there:

Has the Ardor software testing (on the testnet) finished or will there be other test versions (e.g. because there are still problems or missing features)?

The last Ardor test version I saw is v2.0.3e, but it is around a really long while already (April 1, according to this thread.) That could indicate that Ardor is basically finished, but a confirmation from a developer or an "insider" would be cool

Quote from Riker (core dev) from slack: "There will be at least one more testnet release for ardor before mainet to introduce smart phasing and asset control."

When is everything going to be ready for main net? And what are the results from the testing you conducted thus far?

Official timeline for the Ardor release will be published by the end of next week (October 14th). Testing on testnet is only for finding bugs, but latest version works without big flaws. Next version will introduce new features, as core dev said.

thanks mate. Where do they provide most of the info? Here on this thread?

Most active place is Nxt slack, invitation is at https://nxtchat.herokuapp.com/

For the news: www.jelurida.com

alright, will join you guys!

[Piston Honda]

ARDR MOOOOOOOOOOOOOON DUE
locked and loaded with cheap coins

lol waves, fuck that.

[Crumo]

I’ve ardor for a while... can’t wait for the main net to finally be launched.

[BTCINVESTOR]

Just invested heavily in Ardor. Tech is sound. The ICO ecosystem needs this. Ardor will be a staple.

[Nightz]

nicely climbing for the last few days now! Ten figures market cap incoming

[m4kstep]

14.10.2017
Ardor.World Updated!
Add Nxt Blockchain activities https://www.ardor.world/en/analyze_nxt/
Analyzed 1,415 days of network life Nxt blockchain
Translated three articles from nxter to Russian https://www.ardor.world/ru/news/

[cryptohan]

Really can't wait till the mainnet release. i'm getting more and more excited about Ardor/NXT now we are getting closer to the launch.
I'm going to buy some cheap coins now, because the price won't be beneath the $1 if everyone see the huge potential of Ardor.