Review on Ignis by The hsotaka
My review about the Ignis project.
Ignis is a side chain project of the better known Ardor project.
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The Company behind these project, " Jelurida Swiss SA", created the Ardor blockchain, the Ardor wallet, the Nxt project, a decentralized exchange and of course Ignis, a side chain of Ardor.
Jelurida is a blockchain software company that develops and maintains blockchains. Companies and organizations can license their technology for a private blockchain implementation based on Nxt or Ardor, or launch a custom child chain on the Ardor platform.
With Ignis, Jelurida built a product which supports out of the box advanced privacy mechanisms including coin shuffling, and encrypted messages. Of course it also brings the advantages of Ardor like proof of stake consensus, great scalability and its Multi-Chain Platform nature.
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Pros
- Promising project, which can be attractive for companies who want to use blockchain technology.
Cons
- There are a lot of competitors in the space.
- I can't see the unique selling point of the Jelurida projects.
