Swapzone partners with Ardor to power Jelurida ecosystem

Blockchain technology is widely regarded as one of the most disruptive technological innovations in the past decade. It is undeniable that it has had a direct impact on world financial trends and created huge value in applications in various industries. However, as blockchain technology continues to be used, some fundamental issues have gradually emerged, such as challenges in payments, customization, and scalability. One obvious problem is that every cryptocurrency project using another blockchain needs to use its native token for payments, such as Ethereum. This situation could result in limited interactivity and interoperability between projects using different blockchains. To solve this problem, a more flexible and open solution needs to be sought so that various blockchains can better connect and collaborate with each other.

Additionally, major blockchains may face blockchain bloat issues. Blockchain bloat means that every time a new node wants to run on the blockchain, they have to download the entire history in order to run. Fortunately, the Ardor project is growing rapidly and offers several fundamental advantages over other blockchains, such as reducing blockchain bloat and providing multiple transaction tokens. Now, let’s take a closer look at what Ardor is and how it works.

Ardor

Ardor is a decentralized multi-chain blockchain platform whose unique architectural design elements bring innovation to the field. It adopts a "mother-child" architecture, where the parent chain is responsible for network security and transaction processing, while all customizable business-ready functions are displayed on the child chain. The Ardor team believes that this ability to mix user permissions is crucial to promoting the popularity of blockchain technology.

Compared to all other blockchains, the Ardor parent-child architecture has three basic advantages. These advantages include:

n Child chains on the Ardor parent chain have their own native tokens that can be used to pay for all transaction fees and other out-of-the-box functionality.

Since the sub-chains are interconnected and share source code, the system maintains interoperability, allowing tokens running on one sub-chain to be traded to another.

n Blockchain bloating can be solved by "pruning" unnecessary sub-chain data.

Jelurida Ecosystem

Jelurida is a blockchain software company headquartered in Switzerland. It has been steadily building blockchain ecosystem solutions since 2013. Jelurida's team has been developing new technology solutions to address some of the many challenges associated with emerging technologies. Currently, Jelurida develops and maintains the Ardor, Ignis, and Nxt blockchains, which together form the Jelurida ecosystem. Ignis is a fully functional low-fee subchain on Ardor, while Nxt is a universal framework for the ongoing transformation of blockchain technology.

The Jerulida ecosystem has already demonstrated several real-world applications thanks to its interoperable platform and proof-of-stake protocol. First, it is already involved in a number of Austrian government-funded projects such as Cycle4Value, TreeCycle and HotCity. All three projects rely on the Jelurida ecosystem’s PoS protocol and multi-chain platform. For example, Cycle4Value utilizes a PoS protocol to reward its users for cycling. This innovative decentralized project helps position Jelurida as a one-stop solution surrounding traditional blockchain problems.

Swapzone joins hands with Ardor to help Jelurida ecosystem

Swapzone is a cryptocurrency exchange aggregator that analyzes and exchanges cryptocurrencies in one interface by integrating different platform services and exchange rates. All transactions are escrow-free and no registration is required. Recently, Swapzone announced that Ardor will be launched on its platform to help open up trading channels for the Jelurida ecosystem.

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