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maturín
4 Level
224 Review
288.25 Karma

Review on Ignis by gregori cordova

Revainrating 4 out of 5

a child- chain with very notable features to continue to spread blockchain technology

Very few projects in the crypto world have made such a valuable and powerful integration as blockchain projects created by the Jelurida company. Each project's wishes are intended to offer services for the implementation of blockchain technologies in different spaces, and there is a very direct correlation between them to achieve this. Since the launch of NXT, 2 new tokens have been created or as they call them: child chains, which are Ardor and Ignis. Ignis is a child chain that was born as a result of the Ardor blockchain and that has among its main objectives, the creation of Icos, creation of tokens and light smart contracts that cannot be executed in all blockchains and that have peculiar characteristics other than common smart contracts, thus giving you a higher level of interoperability to interact with other chains. It is like a kind of small Ardor chain that uses its own Ignis token for its operation and that would be in the entire ecosystem like gas in ethereum and that at the same time helps its mother chain to obtain a better economic balance. The ignis token was distributed through Ico and airdrops, and as expected, all Nxt token holders received ignis as a reward. The correlation that exists with its mother chain Ardor is quite remarkable, and even the money raised in its Ico was used in large part to continue advancing in the development and update of the entire blockchain ecosystem

The work that jelurida has been doing to spread the implementation of blockchain technology through its 3 flagship projects has been very well accepted by the community and they have already had partnerships with very important companies worldwide, to which they have given consulting to identify the use cases in which their future tokens can be implemented.



Pros
  • Through the Exchange offered by this platform, users can enjoy minimal commissions when making transactions
  • It offers very remarkable levels of interoperability and scalability through its innovative lightweight smart contracts
  • Like its parent chain Ardor, Ignis has the ability to send encrypted messages
  • Transactions made with Ignis have a very rare level of approval called account control which must go through a mandatory approval process
  • The Ignis token is available to exchange in several very reputable exchanges in the market
  • They are backed by a company that has as a priority, continue with the development and update for blockchain technologies in general
Cons
  • no doubt they need to give their platform a better look as it does not look as professional as it should

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