Review on Ignis by phuong cong
Evaluation of the Ignis main child-chain
Ignis is the first child chain of the Ardor Blockchain platform developed by the Jelurida company in late 2017.
As the main child chain, Ignis will fully inherit the features of the Ardor Blockchain. Ignis has 20 built-in features that make it a wide range of use cases. Its functions include fully decentralized asset exchange, voting, messaging, currency system, markets, data cloud, conditional transaction execution, shuffling, and more.
The most prominent feature of the Ignis child-chain is the automation of external operations via the API, which already has 250API connected to their systems. Security is also its standout function that allows Ignis to scrape all tokens and remain anonymous.
Ignis is traded on major exchanges like Upbit. The project's tokens can be stored on the Ardor wallet.
Pros
- Projects allow rapid development and deployment of contracts, also communicating with external systems
- Privacy in mind: All Ignis transactions are stored in a public ledger that is available to anyone to view or verify.
- Supporting multi-signature feature, transactions will undergo advanced control
- Ignis is the main sub-chain of Ardor so it brings together the best of features
- Users can use it to test and build a lightweight contract simply by downloading and installing
Cons
- The project uses a large amount of tokens to airdrop to Nxt holders, which can affect the price
