Ardor Coin – Main blockchain and Childblockchains

The Ardor Coin, also called ARDR for short, offers some novel blockchain technologies. The biggest achievement is the possibility to create several individual Childblockchains based on the main blockchain of Ardor. On these subchains you can also create your own childblockchains. Due to NxT technology and infinite scalability, the forecast looks pretty good.

Wikipedia describes Ardor for Bitcoin trader

Ardor is an open source platform and not a Bitcoin trader scam for blockchain-as-a-service written in Java and launched on 1 January 2018 by Amsterdam-based Jelurida . It represents the second iteration of the company NXT , a crypto currency that is widely respected as it is the first to secure its Bitcoin trader blockchain with Proof of Stake – eliminating the need for energy-intensive „mining“.

The crypto currency is the coin of the platform of the same name. This coin is used within the platform as a transaction fee and is passed on to the developers. Another function of the ARDR coin is „forging“. Forging serves a similar purpose to mining blockchains, which use the proof-of-work process to verify transactions. Instead of the PoW, Ar/dor uses the proof-of-stake method. Here a user only has to hold coins in his Ad/or Wallet so that the platform can generate new blocks. In return, the user will be credited a few fees. No new coins will be distributed, instead a fixed amount of 998,999,495 ARDR coins will circulate.

The main focus of the development are the blockchains. The programming is very different from most crypto currencies, because ARDR is based on the NxT software. This software makes it possible to create potentially infinite secondary blockchains, so-called „childchains“, in addition to a main blockchain. These can be created by anyone, the source code is open-source. On the childchains you can create your own coins, which then serve as sub currency for the Ardor crypto currency.

Ethereum code – What is this crypto currency?

The application spectrum of the Ethereum code is broad: they can be a decentralized asset exchange on which digital assets are traded. Marketplaces for all kinds of goods are conceivable. They can also be used as Ethereum code data storage, working in a similar way to a cloud.

The advantage of this system is that the Childblockchains do not load the main blockchain. Theoretically an infinite number of childchains can be created and used, the main chain does not become slower and more unstable. At the same time this system is also very safe, because the safety precautions of the childchain are integrated into the mainchain. This is guaranteed by the fact that the childchains have their own way of forging.

The „bundlers“ collect all new transactions in the secondary chain and pass them on to the main chain after a certain period of time. This ensures that the computing power consumed by all the different chains does not degenerate. The „Pruning“ also helps here. Only the last 1,440 blocks of a secondary chain are checked by the main chain. The rest is declared unchangeable and does not have to be processed further.

A childchain has already been created by the developers for testing purposes. It is called IGNIS and allows not only trading with assets but also voting on internal matters, multi-signature accounts, time-stamping of documents, a marketplace, aliases and encrypted messages.

Microsoft’s search engine Bing prohibits Crypto commercials

Melissa Alsoszatai-Petheo of Microsoft’s search engine Bing announced that all crypto ads will be banned with immediate effect. Microsoft is thus following in the footsteps of other market leaders such as Facebook, Google and Twitter, where these types of ads are either severely restricted or completely banned. will implement these changes to the Financial Products

„We are constantly evaluating our advertising policies to ensure a safe and enjoyable experience for the user and the digital advertising ecosystem,“ said Melissa Alsoszatai-Petheo, „Because crypto currencies and related products are not regulated, we have identified an increased risk for our users and found that malicious actors could engage in fraudulent behavior or otherwise deceive our users.

„To protect our users from this risk,“ continued Bing, „we have decided to ban advertisements for crypto currencies, related products, and unregulated binary options. Bing Ads will implement these changes to the Financial Products and Services Directive worldwide in June and will implement them by the end of June to the beginning of July.“

Bing is the second largest search engine after Google. How this will affect prices remains to be seen.


Verge is a promising privacy coin with the claim to be used by the masses. The Verge Mining is similar to its Multi-Algorith-Mining. This allows a larger number of people to participate in mining and earn money from the crypto currencies.

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Market and competition with Bitcoin

Using a specially developed Smart Wallet, users are to be able to execute transactions as well as to be processed as Smart Contracts.

We like the idea of Quarkchain very much. If their approach proves successful, the project could outstrip many blockchain projects. That’s why we give 5/5 points for the idea.

Market and competition of Bitcoin Trader

I don’t think we need to mention that the application possibilities for the Blockchain technology are gigantic. If the trilemma of decentralization, security and scaling is resolved, the blockchain technology Bitcoin Trader will affect all areas. However, there is a danger of „The Winner Takes All!“ here. If a solution to the promised breakthrough were found, the majority of companies would most likely jump onto this blockchain infrastructure and the other projects would disappear from the scene. And there is a lot of competition in this area. In addition to the old hand Ethereum, new players such as Fusion or Zilliqa are also playing, who also want „THE solution“ to be found. And unlike Quarkchain, some of them have already entered into partnerships with companies.

In the long term, only one project is likely to survive. Will it be quarkchain? Let’s have a look at the development status of the project.

We give 3/5 points for the market/competition ratio.

Project development and roadmap
Since March 2018 the first tests have been running on Testnet 0.1 at a speed of over 2000 transactions per second (for comparison: Bitcoin approx. 7-12 tps, Ethereum 12-15 tps.). In the next quarter, the first Smart Contracts on the „test site“. The Mainnet is to launch before the end of this year. However, experience and bitcoin code review so far has shown that it usually takes a little longer, which is why we expect the Mainnet to be launched at the beginning of 2019, which in our opinion is still a good value for a blockchain project.


Since the Quarkchain ICO only issues ERC-20 tokens once, which are later converted into their own tokens, we assume that the tokens are already listed on the stock exchanges before the Mainnet is launched. However, no information from the team is yet available. We assume that more information will appear before the start of the ICO.

Since the Github code and the Testnet of Quarkchain are not yet publicly accessible (hopefully before the ICO start) we give 3/5 points for the development. (We may upgrade this as soon as the Testnet and Github code are released)

As far as the roadmap is concerned, new updates are already available in the second quarter, which further increases the interest in the project. We can therefore well imagine that the value of the tokens could increase in the short term. However, it will be several months before the next major update, which could lead to a correction in the medium term. (Of course, the whole market situation has to be taken into account, which of course we cannot predict). In the long run it depends on whether 1. Quarkchain will find favour with his project and 2. the competition will not succeed in making a breakthrough even before the launch of Quarkchain. We have 4/5 points for the roadmap.

Quarkchain ICO Total Product Points: 4.2/5 points

The Quarkchain team has a very high level of expertise in the field of software engineering. Besides the founder, other employees were also employed at Google or Facebook for several years. Qi Zhou, CEO and founder of Quarkchain, has a high core competence in the area of sharing and clustering solutions on which Quarkchain’s idea is based.

To avoid fake profiles we searched for public appearances of the team as well as the LinkedIn profiles. Recently, the founder had conducted an interview with a crypto-currency influencer.
The team also made a presentation at this year’s GMIC Global Blockchain Summit in Beijing. It can therefore be assumed that this is not a fake project.

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Today at GMIC Global Blockchain Summit in Beijing!The topic of our scientist @YaodongYang8 speech is „High performance blockchain that can deliver hundreds oh thousands of Tps like visa by using sharding technology“

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The Quarkchain team is quite respectable, which is why we have awarded 4.5/5 points for our expertise.

In our opinion, the Advisor Board of Quarkchain is well distributed. There are consultants for various fields of activity.

Bitcoin Code is a new blockchain project

Quarkchain is a new blockchain project that aims to achieve a perfect balance between decentralization, scaling and security. With over 1 million transactions per second, the project should not only eclipse well-known blockchains such as Bitcoin and Ethereum, but also put transaction giants such as Visa and Co. in their pockets. An ambitious goal that is being tackled by the Quarkchain team. And the team, which consists of former employees of Google and Facebook, is impressive. More below.

Token, token price and presale
The QKC token will initially be an ERC-20 token. Since Quarkchain creates its own blockchain, however, the ERC-20 tokens are converted into tokens that are tailored to its own blockchain when the mainnet is launched.

At the private sale round of Quarkchain 16 million USD were collected for a value of 39416 QKC / ETH. At the ICO the course will be 31533 QKC / ETH. This resulted in a bonus of 25%. Unfortunately, there is only $4 million left for the ICO, as the hardcap should not exceed $20 million.

Token distribution and Bitcoin Code market cap

Taking the current value of $740 / ETH at hand, the market capitalization is over USD 200 million at QKC 10 billion at $0.023 each, which is unfortunately too high for us. The token distribution is thus also less than 20% for Bitcoin Code investors fortunately, however, the tokens of private sales are blocked for a certain period of time. For the first 4 months 10% of the tokens are released by the presale every month, then 20% / month. We have a plus point for that.

The overall score for the Quarkchain Token Metrics is 2.6/5 points.

Quarkchain project details

Quarkchain wants to solve nothing less than the current blockchain trilemma. On today’s blockchains, all data such as account data, contract codes and transactions from all nodes are still validated. This ensures a high degree of decentralization and security/transparency, but it also severely limits the scalability of transactions per second. In short: The current blockchains are extremely slow. Despite Segwit implementation, Bitcoin only achieves about 12 transactions per second (tps). At up to 15 tps, Ethereum is also far too slow compared to visas and the like, which handle over 50,000 transactions per second. Increasing scaling in turn harms decentralisation or security… Our current blockchains are facing a trilemma!

While Bitcoin Code is now tryin

While Bitcoin is now trying a new approach with the Lightning Network, Ethereum is also developing various possibilities. But it could take years before the scaling problem is finally solved, because changes to an already running blockchain can only be carried out with great care and therefore take a correspondingly long time. With Quarkchain, a new Bitcoin Code project is now in the starting blocks, which, if the project succeeds, could take over from Ethereum and Co.

That’s how Quarkchain wants to solve the problems:
The biggest innovation is splitting the blockchain into 2 parts: A root layer and a so-called sharding layer:

Many small blockchains (shards) process a part of all transactions every second, while a large blockchain (root blockchain) uses a proof-of-work method to combine the block headers of the individual shards into a „large“ block and back them up on the blockchain every minute.

Many other mechanisms such as collaborative mining, node clustering and a hybrid proof of work procedure are to ensure not only scaling but also security and decentralization. Smart contracts should also be able to be executed via Quarkchain, which paves the way for decentralized applications.

Bitcoin plunge – Important $6,000 support zone must hold

The entire crypto currency market is suffering tremendously today. The Bitcoin course is currently facing an important support zone that must withstand to prevent another crash of the price.

Bitcoin Price Highlights
Bitcoin’s share price did not gain and broke through several important support zones
Bitcoin is currently under strong sales pressure and approaching the important $6,000 support area
The descending channel is still intact and one approaches the channel center
Technical indicators Signals
The 100 SMA is below the 200 SMA to show that the path of least resistance is down and thus the selling pressure is still present. The bitcoin is currently taking a hit and is around $6,100 with another negative outlook. It looks like they’re testing the important $6,000 psychological support level last reached in February. If BTC breaks through the important support, the price will fall in the next few days, towards channel support at $5,200. As already mentioned in the last technical analysis, the RSI has not been able to break above the 61 mark for days, so that there is still a lack of decisive buying dynamics. Currently, the 4-hour chart’s RSI is at 20, reaching oversold territory, signaling that selling pressure may ease in the near future. The MACD is again in a declining zone. Bitcoin is still in the descending channel and has reached the channel center with today’s „crash“. As already mentioned, the $6,000 support zone is important to avoid further panic selling and a crash towards $5,000.


Bitcoin Chart from TradingView

The explanation of the terms of the technical analysis can be found under this link.

Note: This is not a buy recommendation but merely the opinion of the analyst. Technical analyses do not guarantee success in trading. Crypto currencies are a high-risk investment, even a total loss is possible. The losses can also have long-term health effects.