Ethereum: What is Ardor and how is it different from NXT 1.x?
Ethereum: Ardor vs. NXT — what’s in the name and how are they different?
When discussing the upcoming Ethereum fork, many of us wondered: what is all the hype about? In particular, we are interested in learning about Ardor, its predecessor NXT (NXT 1.x) and how they differ from each other.
Ardor: New Blood in Blockchain Ecosystems
In recent months, a new player appeared on the wall of the Ethereum blockchain – Ardor. This fork promises to bring exciting changes, using the full power of the built-in functionality of Ethereum smart contracts. Thanks to compatibility with NXT 1.x, users can easily upgrade their existing assets and protocols from the original version of NXT.
NXT (v1.x): deprecated fork
Before we dive into what makes Ardor so special, let’s take a quick look at the NXT fork. NXT is an old blockchain with a unique set of features that are still useful today. Despite the fact that the NXT project has existed since 2018, the community continues to make updates and improvements to it. However, the moment finally came when it was time for a new generation, namely NXT v1.x.
So what makes Ardor different?
Now that we’ve covered NXT (v1.x), let’s move on to Ardor. Here are the main differences between the two forks:
1. Smart contract architecture
Ethereum is built on a gas-based system for executing smart contracts. Instead, NXT uses a second architecture known as “gasless”. This means that users will get more flexibility when creating and deploying their own smart contracts on Ardor.
2. Gas efficiency
Gas efficiency refers to the ability of the computing power of the Ethereum blockchain to process large volumes of transactions without excessive energy consumption. NXT, being a gas system, was designed with energy efficiency in mind, but there is a price to pay. This led to higher transaction fees and slower transaction times on NXT.
3. A platform for creating individual smart contracts
Ardor is a customizable smart contract platform that allows developers to create complex contracts without worrying about the underlying Ethereum architecture. This flexibility makes Ardor an attractive option for creating decentralized applications (dApps).
4. Backward Compatibility
As mentioned earlier, Ardor is backwards compatible with NXT 1.x assets and protocols. This means that users can easily switch from NXT to Ardor without significant changes.
Conclusion: What lies in the name?
In conclusion, it should be noted that the recent announcement of Ardor as the successor to NXT v1.x is a welcome change for many developers and users of the Ethereum blockchain. Using the full power of Ethereum’s built-in smart contract functionality, Ardor promises to deliver exciting new features and capabilities.
Although NXT will still be supported to some degree, it’s clear that Ardor represents an evolution of the ecosystem rather than a radical departure from its predecessor. Regardless of whether you are an experienced developer or just want to get involved in blockchain technology, Ardor definitely deserves your attention.