- So how is Ardor different from Ethereum Smart Contracts?
- Wouldn't this make NXT and easy pump as all the speculators would want nxt to hop onto the new Ardor platform when it comes out?
Is ardor the only blockchain that can spawn other blockchains within itself? How is that different from every other blockchain that uses a color coin technology?
- Nxt (and Ardor) have decided very specifically not to go the "Smart Contract" route in 2014.
The main reason that was given was that Smart Contracts are open to all kinds of problems, from malicious code to badly written contracts.
I think the last weeks proved that these worries were justified.
Wat Nxt and Ardor do is implement a collection of "Smart Transactions" that are hardcoded into the system and are executed on the system Nodes.
These transactions have been tested and for a lot of use cases are more than enough, especially because they are modular and can be combined into more complex use cases.
So there is much flexibility in what can be done, but it's not completely open like Ethereum.
As far as we know, Ardor is the only blockchain that is able to do this.