Equity Overview
Price & Market Data
Price: $0.00126
Daily Change: +$0.0₃184 / 14.61%
Range: $0.00105 - $0.00141
Market Cap: $1,258,771
Volume: 0
Details
Ignis is an essential part of the Ardor platform. It is the main child chain - fully featured and permissionless for everyday transactions with low fees. All the Ardor platform transaction types and features are available on the Ignis child chain. Furthermore, account specific functions, such as setting account properties and multi-signature configurations (account control), are facilitated exclusively by Ignis but accessible across all child chains. Ignis supports out of the box advanced privacy mechanisms including coin shuffling, and encrypted messages which can be shared securely with third parties.Where did Ignis come from? Ignis was created to demonstrate the easiness of making your tokens based on Ardor. It’s necessary to consider Ignis along with Ardor. The platforms were launched at the beginning of 2018 by the same authors who developed Nxt coin NXT and Ardor.What are the advantages of Ignis?Every business representative working with Ardor can create his cryptocurrency.Ignis is an example of creating such a subsidiary network.Simple smart contracts can be created with a small knowledge in programming,and this will mainly be enough to work with it.Payments can be made autonomously but if it’s necessary to confirm both sides’personalities, confidentiality can be controlled in settings.Use Ignis to experiment and build public applications with all the featuresavailable on the Ardor platform. You don't need any permission, simply installthe software, download the blockchain, get some tokens from an exchange (orexchange with ARDR tokens on-chain) then start using the APIs and coding. Itis really that simple.