What are the main differences between Ardor and NXT in the cryptocurrency market?

3 answers

• Dec 17, 2021 · 3 years ago
  Ardor and NXT are both blockchain platforms, but they have some fundamental differences. Ardor is designed to address the scalability issues of NXT by implementing a parent-child chain architecture. This allows for the creation of multiple child chains that can operate independently while still benefiting from the security of the parent chain. NXT, on the other hand, operates as a single blockchain and does not have the same scalability features as Ardor. Additionally, Ardor introduces the concept of 'transaction pruning' which removes old and unnecessary transaction data from the blockchain, further improving scalability and reducing storage requirements.
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• Dec 17, 2021 · 3 years ago
  When it comes to transaction fees, Ardor uses a unique fee structure called 'Bundling'. This means that multiple transactions can be bundled together and paid for with a single fee, reducing the overall transaction costs. NXT, on the other hand, has a more traditional fee structure where each transaction incurs its own fee. This difference in fee structure can have an impact on the cost-effectiveness of using Ardor or NXT for various types of transactions.
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• Dec 17, 2021 · 3 years ago
  As for the consensus mechanism, both Ardor and NXT use a proof-of-stake (PoS) consensus algorithm. However, Ardor introduces a concept called 'forging'. In Ardor, only the parent chain validators are responsible for forging new blocks, while the child chain transactions are secured by the parent chain. This separation of responsibilities allows for greater scalability and efficiency. NXT, on the other hand, uses a more traditional PoS consensus mechanism where all nodes can participate in block forging. This can lead to potential scalability limitations as the network grows.
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