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Ibadan
3 Level
97 Review
16 Karma

Review on Ignis by Flourish Titilope (Abesther)

Revainrating 5 out of 5

Ignis- Cryptocurrency tokens with good operations

Ignis (IGNIS) is a cryptocurrency token and is operated on the Ardor platform. Ignis has a current offer of 999,449,694 with 761,143,950 outstanding. The last known price for Ignis is $ 0.023370 and is in the last 24 Hours increased by 1.62%. has served in 15 active markets, trading $ 746,934,477 in the last 24 hours. gnis is an integral part of the Ardor platform. It is the main fully featured sub-chain with no permission for daily low-fee transactions. and the functions are available in the Ignis children's chain.In addition, account-specific functions such as account property settings and multiple signature settings (account control) are exclusively provided by Ignis, but are accessible in all sub-chains. securely share with third parties. Use Ignis to experiment and build fully functional public apps available on the Ardor platform. You don't need permission, just install the software, download the blockchain, get some tokens from an exchange (or swap with ARDR tokens on the chain), then start using APIs and coding. It really is that simple. Ignis is the exclusive chain for developing stateless light contracts. Use Ignis to implement your contracts even if at some point they interact with other child chains. . a sophisticated multi-signature feature called Account Control Transactions sent from an account under such control are subject to a mandatory approval process. The account control is based on approval models that have been defined using the escalation function. Compound approval templates can be created from base templates using a combination of Boolean logical operators. Asset transactions can be restricted in a similar way using the Asset Control function. All Ignis transactions are stored in a public ledger that anyone can view or review. However, there are some use cases. , require a higher level of data protection. Ignis supports the coin mixing algorithm, which allows multiple users to mix equal amounts of tokens in newly initialized recipient accounts without connecting to the source accounts. Ignis supports natively encrypted messages. These can be securely shared with a third party with a message-specific encryption key.

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Pros
  • Proof of stake
  • decentralized exchange
Cons
  • Risky

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