Review on Ignis by Özgün A
I want to love this system !
When we talked about the Ardor project, we separated it as main account and sub account. Here is Ardor as main account and Ignis as sub account. One of the most prominent features of Ignis: it attaches great importance to the security of personal data (compared to others). This is one of the main reasons that attract users to the system. The Ignis system wants to take part in all areas where credit cards are used. Also, you can work with many companies (companies) on the Ignis system. This is a really useful system feature. If Ignis is developed as desired, I believe the system will grow. But of course we cannot say anything definite about the future. We can only guess.
Updated 3 years ago
Rating has not been changed
Ignis is a sub-part of the main chain of the Ardor project. In other words, it is a chain algorithm that works on the main chain and is dependent on the main chain. Its purpose is to reduce transaction fees and increase efficiency. Since transactions are carried out on sub-chains, there is no congestion and transaction fees are reduced.
Now let's come to the features that make Ignis stand out;
1) It eases the processing load of the main chain. The main chain, which is in heavy transaction traffic, can reduce the transaction load by creating Ignis (a subchain connected to the main chain). Thus, process bottleneck is avoided. Transactions are performed faster and more efficiently.
2) It can create a liquidity link (bridge) between Ardor and the fiat money system.
3) Global assets can be created for the entire Ardor platform.
4) It provides the use of assets as a cryptographic proof with the data cloud.
5) With conditional transactions, each transaction has its own characteristics. In this way, security is increased. This is a validation process. Transaction parties carry out their transactions with conditional transactions.
6) With the composite stage feature, it allows the creation of advanced smart contracts using primitive consent models.
7) If you activate the asset control feature, every transaction is performed with a code you specify.
You can secure your account in Ignis in different ways. You can verify KYC. You can also stratify your account by adding features such as email and phone number from the account properties section.
As a result; The Ignis system is the chain algorithm that has made the greatest contribution to the development of Ardor. It is aimed to solve the problems that may arise fundamentally.
Pros
- The system is logically good
- Can be improved
- Protection of personal data
Cons
- Complex
- Hard to understand
