Introduction
Blockchain technology has been around for more than a decade now, and it is only growing more popular with time. Today, there are plenty of blockchain platforms available, each with its unique features and benefits. Nxt and Ardor are two such platforms that have made a name for themselves in the blockchain world. Both these platforms offer a wide range of features and functionalities, making it challenging for users to choose one over the other. In this post, we will make a factual comparison between the two platforms and help you decide which one is best for you.
Nxt
Nxt is an open-source blockchain platform that aims to provide a simple and cost-effective solution for businesses to create and deploy their decentralized applications. It was launched in November 2013 and was the first platform to use the Proof of Stake (PoS) consensus algorithm. Nxt is written in Java and is known for its lightweight and modular architecture.
Ardor
Ardor is a blockchain platform that has been developed by Jelurida, the same team that developed Nxt. Ardor was launched in January 2018 and is based on the Nxt blockchain. However, it has some significant improvements that make it stand out from its predecessor. Ardor is a scalable blockchain platform that allows businesses to create their customizable child chains, thus reducing transaction costs and increasing network efficiency.
Comparison
| Criteria | Nxt | Ardor |
|---|---|---|
| Launch | November 2013 | January 2018 |
| Consensus Algorithm | Proof of Stake (PoS) | Proof of Stake (PoS) |
| TPS | 100 | 300 |
| Child Chains | Not Available | Available |
| Transaction Fees | 0.1 NXT | 0.001-0.01 ARDR |
From the above comparison, we can see that both Nxt and Ardor use the same consensus algorithm(Proof of Stake) and have a decent transaction rate that is suitable for most use cases. However, Ardor scores over Nxt when it comes to scalability due to its customizable child chain feature. This feature allows businesses to create and manage their blockchains without the need for separate infrastructure. In contrast, Nxt lacks this feature, making it less versatile than Ardor.
When it comes to transaction fees, Ardor is again the clear winner, with transaction fees ranging between 0.001-0.01 ARDR, whereas Nxt charges a flat fee of 0.1 NXT for every transaction.
Conclusion
Both Nxt and Ardor are stable blockchain platforms that offer unique features and benefits for users. However, Ardor seems to be more scalable and versatile than its predecessor, thanks to its advanced child chain feature. In contrast, Nxt is a lightweight and modular blockchain platform that is well suited for smaller applications. Ultimately, the choice between the two platforms depends on the user's needs and preferences.