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Author Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake  (Read 395411 times)
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d5000
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May 30, 2018, 05:36:03 AM
 #3861

I've read a little bit about Ethereum's problems with the implementation of "sharding", and got the impression that for Ardor this feature may be easier to achieve, what would be a big point for it.

Sharding is one of the "holy grails" of cryptocurrency scaling - it means basically that not all full nodes must process and validate the whole blockchain. The problem - very oversimplified - seems to be when transactions of different "shards" conflict - who is the arbitrator then?

Well, in Ardor's child-chain design one could simply assign one shard per (major) child-chain, while the main Ardor chain continued to be processed by all nodes (but that's not a problem given Ardor should not be used for everyday transactions). Child-chain transactions of one shard would never conflict with those of another, because they belong to a different child-chain.

There are however some points to take into account:
- What about assets and currencies that are not child-chains? According to what I've read they are "global", so transactions involving them would have to be processed by all shards.
- Security of child-chains. Afaik there is no "forging" on child-chains, only bundling. So how to incentive forgers to validate child chains? One idea could be that all nodes that actively forge must process all child-chains for the blocks when they're participating. This could however limit the efectiveness of sharding and encourage centralization as only pretty big nodes would be able to forge once the system sees mass adoption.
- Some child-chains are meant to be more popular than others. One example is IGNIS which should be the main transactional currency. In the one-shard-per-childchain model IGNIS would be processed by one shard. A possible solution would be - pegged child-chains, as I've proposed some years ago on the NXT forum. So there could be various IGNIS child chains, fungible via some kind of two-way peg (Ignis that are "parked" in one child-chain become available in another, and are only released on chain 1 if they're "returned") just like it's possible with MS currencies.

Just some loud thinking - maybe it's possible to discuss some of these points here Wink

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May 30, 2018, 02:49:11 PM
 #3862

Could someone explain to me? If you are running a node, approx what ardor balance do you need to compete and win blocks?
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May 30, 2018, 04:56:53 PM
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 #3863

Could someone explain to me? If you are running a node, approx what ardor balance do you need to compete and win blocks?

Theoretically you can forge blocks with 1000 Ardor. But that takes a while.

If you look at https://ardorportal.org/monitor you can see the Top Block Generators of the last day on the left side.
If you take this account ARDOR-D9Q6-HDEX-EZKU-3M9KQ it has a forging power of 2,259,061 and generated approx. 0.56 % of all Blocks in the last 24 h.
So in absolute numbers: With a forging power of approx. 2,250,000 ARDOR you may find 8 Blocks per day.

If you have more ARDOR you may do the forging on your own. If you have less, a forging pool might be the best choice.
At the moment, I try this pool : ardorpool.org
Its not the biggest pool, but it has no fees and I don't want to make the other pools even bigger (there are 2 very large ones).
I will see how it turns out. Even though the whale of the pool might get the biggest share.
wangmidi
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May 31, 2018, 04:46:45 AM
 #3864

The development of the Ardor coin project is worth the attention and expectation of the investors. It is definitely a value coin, and its growth may be very amazing in the future.
Münzpräger
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May 31, 2018, 11:49:19 AM
 #3865

Could someone explain to me? If you are running a node, approx what ardor balance do you need to compete and win blocks?

Theoretically you can forge blocks with 1000 Ardor. But that takes a while.

If you look at https://ardorportal.org/monitor you can see the Top Block Generators of the last day on the left side.
If you take this account ARDOR-D9Q6-HDEX-EZKU-3M9KQ it has a forging power of 2,259,061 and generated approx. 0.56 % of all Blocks in the last 24 h.
So in absolute numbers: With a forging power of approx. 2,250,000 ARDOR you may find 8 Blocks per day.

If you have more ARDOR you may do the forging on your own. If you have less, a forging pool might be the best choice.
At the moment, I try this pool : ardorpool.org
Its not the biggest pool, but it has no fees and I don't want to make the other pools even bigger (there are 2 very large ones).
I will see how it turns out. Even though the whale of the pool might get the biggest share.

So I'm bad at Math. Is there a way to calculate if it is better to forge alone with a couple of thousand Ardor or lend to a pool where your share would be below 1%?
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May 31, 2018, 08:54:55 PM
 #3866

Somebody start panic sell of ardor on bittrex
Amount over 100 btc in 5 minutes

What's going on?
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June 01, 2018, 04:13:13 AM
 #3867

Ardor: A Scalable BaaS Platform for Business Enterprises

https://sludgefeed.com/ardor-scalable-baas-platform-for-business-enterprises/
MrChicken1987
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June 01, 2018, 02:18:25 PM
 #3868

Could someone explain to me? If you are running a node, approx what ardor balance do you need to compete and win blocks?

Theoretically you can forge blocks with 1000 Ardor. But that takes a while.

If you look at https://ardorportal.org/monitor you can see the Top Block Generators of the last day on the left side.
If you take this account ARDOR-D9Q6-HDEX-EZKU-3M9KQ it has a forging power of 2,259,061 and generated approx. 0.56 % of all Blocks in the last 24 h.
So in absolute numbers: With a forging power of approx. 2,250,000 ARDOR you may find 8 Blocks per day.

If you have more ARDOR you may do the forging on your own. If you have less, a forging pool might be the best choice.
At the moment, I try this pool : ardorpool.org
Its not the biggest pool, but it has no fees and I don't want to make the other pools even bigger (there are 2 very large ones).
I will see how it turns out. Even though the whale of the pool might get the biggest share.

So I'm bad at Math. Is there a way to calculate if it is better to forge alone with a couple of thousand Ardor or lend to a pool where your share would be below 1%?

There is no way how to tell what way is "better". Better for what should be the further inquiry.

To quote myself:
So in absolute numbers: With a forging power of approx. 2,250,000 ARDOR you may find 8 Blocks per day.
So rule of thumb is: If you have less than that, a pool should be your choice.

Sure your share in the pool might be small. But if you have less ARDOR and try to forge alone, there might be no yield at all, because you find no blocks.
Also: If you try to forge by yourself you need to have some sort of computer running 24/7.

I have a few thousand ARDOR and I go with the pool choice.
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June 03, 2018, 02:40:36 PM
 #3869

Hello dears! Ardor is a good project convenient network scaling options and has a convenient setup for business.Where can I find out more about the Testnet Launch and recent changes?
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June 04, 2018, 03:29:52 AM
 #3870

Hello dears! Ardor is a good project convenient network scaling options and has a convenient setup for business.Where can I find out more about the Testnet Launch and recent changes?

Start from www.jelurida.com
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June 04, 2018, 07:22:00 AM
 #3871

KYC on the ARDOR platform is a bit difficult, but this is an excellent project that deserves long-term attention to this coin.
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June 04, 2018, 08:03:39 PM
 #3872

Am I only the one who noticed that some big holder of ardor trying to escape from it from 1st June on bittrex?
The price will go to zero soon (not to the moon)...

It seems that real investors don't believe in bright future of ardor...
All we have is posts that it's good project with great future, long term ivestment, bla bla bla...
But the price goes lower and lower..
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June 05, 2018, 08:29:43 AM
 #3873

Nxter News – June 2018 (I): A Man Who Has No Imagination Has No Wings

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June 05, 2018, 04:44:34 PM
 #3874

Am I only the one who noticed that some big holder of ardor trying to escape from it from 1st June on bittrex?
The price will go to zero soon (not to the moon)...

It seems that real investors don't believe in bright future of ardor...
All we have is posts that it's good project with great future, long term ivestment, bla bla bla...
But the price goes lower and lower..

Yes, unfortunately you are right. Bla bla bla cool project, great investment, outstanding technologies.... and what do we have right now? Ardor pulls up the rear... Angry
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June 05, 2018, 08:41:22 PM
 #3875

Am I only the one who noticed that some big holder of ardor trying to escape from it from 1st June on bittrex?
The price will go to zero soon (not to the moon)...

It seems that real investors don't believe in bright future of ardor...
All we have is posts that it's good project with great future, long term ivestment, bla bla bla...
But the price goes lower and lower..

Either someone wants to exit the market, or they want to manipulate the price lower. As to which it is, only the seller knows.

Based on the selling pattern, it appears to be manipulation. If you want to sell a lot of coins, you either dump (if you truly believe the entire crypto market is about to crash), or better yet, slowly sell over time to maximize profits. You don't set up big sell walls like we have been seeing.

That said, it could be a dump... but if so, he's doing it idiotically.
d5000
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June 05, 2018, 10:59:19 PM
 #3876

As long as we are stuck in a bear market, you folks won't be happy trying to short-term "profit" from an altcoin.

The obvious exception, as we saw these days with EOS, is a big "news announcement". In the case of Ardor, the next big announcement would be surely the "pruning" feature - only when this feature is enabled, Ardor can claim it possesses the "scalability" advantage it's advertising with.

Maybe the pattern of the "dumper" is related to that: (s)he tries to manipulate the price to the downside, to be able to enter cheap before Q3 and then profit from the pruning feature.

But also if there is no manipulation (I generally am skeptic about manipulation accusations), I expect even lower prices in the coming weeks - for Ardor and most other altcoins. The hype/mania phase of 2017 and early 2018 is over. Now back to work on adoption Wink Maybe the 3000-4000 satoshi corridor holds, that would be a very strong sign, but I don't expect it - unless the whole crypto market sentiment is turning, then everything is possible.


PS: These "cool project blablabla" trolls are most likely bots, they don't care about Ardor, they only want to increase their forum rank. You can safely report them.

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June 07, 2018, 11:08:33 AM
 #3877

The technology of Ardor project is pretty good. It pioneered the concept of mother child chain, but the ability of main funds to pull the disk is relatively lacking.
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June 08, 2018, 02:32:01 PM
 #3878

Dominium group is planning to launch its blockchain on Ardor.

They operate in the property sales, ranting and things like that, a huge sector ( they manage properties worth hundreds of millions  ).

This is going to be huge

https://finance.yahoo.com/news/people-able-invest-property-1-130000009.html?guccounter=1
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June 08, 2018, 04:12:36 PM
 #3879

Ardor (ARDR) Interview with Lior Yaffe
Ardor is about solving the several limitations of blockchain technology today
https://www.youtube.com/watch?v=LNEHeVWtiZI&feature=youtu.be
Münzpräger
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June 08, 2018, 07:20:45 PM
 #3880

Ardor (ARDR) Interview with Lior Yaffe
Ardor is about solving the several limitations of blockchain technology today
https://www.youtube.com/watch?v=LNEHeVWtiZI&feature=youtu.be

Good to see a video with Riker, especially towards the end when he talks about the markets and is very relaxed.  Grin
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