Ignis (IGNIS)

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Official site (website): https://www.jelurida.com Official site (website): https://www.jelurida.com/ico PDF document file: https://www.jelurida.com/sites/default/files/JeluridaWhitepaper.pdf

Truth and facts[edit]

  • Ignis is the first Ardor child chain, building the future with proven Nxt technology.
  • Creating an Ardor child chain like ignis allows anyone to utilize technologies of NXT for any blockchain project easily.[1]
  • When ignis chain is created, the total amount of Ignace coins issued will be equal to half of the amount of NXT coins existing on NXT blockchain at the time of the Ardor genesis snapshot, plus 500 million more.
  • The other half will be a combination of the Ignis ICO and the retention by Jelurida.

Token

  • ICO started on August 5, 2017 and ended on October 14, 2017.
  • Free Airdrop: 500 million IGNIS will be given away as a free airdrop to all NXT owners, in a snapshot to be taken on Dec 28th, at block 1636363.

Video Playlist[edit]

Ardor, Nxt, and the Ignis ICO on August 5th 2017

00:00 It's July 28th 2017 and on this crypto coin show, Ardor, a scalable blockchain as a service platform, the Ignis ico child chain and NXT.
00:08 Ardor is a platform which evolved from NXT, where blockchain known as child chains can be created.
00:16 The first child chain to be created is Ignis chain.
00:18 Creating an Ardor child chain like ignis allows anyone to utilize technologies of NXT for any blockchain project easily.
00:25 I'm Ashley Addison from avenging IO and this is a crypto coin show.
00:32 We’ll decrypt the facts to keep you on track in the crypto world.
00:36 Now with Ardor, anyone can get into the block chain space.
00:40 Block chains known as child chains can be created without the need to set up your own node to secure the network, because the transactions are secured by the Ardor parent chain.
00:50 The Ardor platform is focused on better scalability and addresses the blockchain bloat issue by pruning child chain transaction records approximately every 24 hours after taking a snapshot of the state of the child chains while securing the cryptographic hashes of the child chain transaction blocks.
01:08 Historical transactions will still be accessible to the use of archival nodes.
01:12 This is a major hurdle right now in cryptocurrency because the Bitcoin and Ethereum block chains are going to be over 50 gigabytes in size in short time.
01:21 You don't have to code any fundamentals on Ardor because all the child chains are pre fitted with the features currently found on NXT, such as the ability to create assets, trade on the asset exchange, initiate polls and a lot more.
01:34 Shuffling provides increased account anonymity to optionally comply it with kyc and AML regulations.
01:43 The first child chain of Ardor will be the Ignis child chain, using ignis tokens for operation.
01:48 The Ignis child chain will come with all of these features as well as the new ones to be introduced by Jelurida, the development company behind NXT and Ardor.
01:57 Jelurida have created their own unique open-source public license, better suited to protect the interest of cryptocurrency projects.
02:06 The child chains will be released under this new license to ignis holders that have the right to ten percent of tokens from any clone Ardor block chains that may be created in a future.
02:16 Child chains will be able to interact with each other, such as transferring and trading child chain tokens, sending messages, transferring assets and much more, since accounts are global across the platform.
02:29 When ignis chain is created, the total amount of Ignace coins issued will be equal to half of the amount of NXT coins existing on NXT blockchain at the time of the Ardor genesis snapshot, plus 500 million more.
02:42 The other half will be a combination of the Ignis ICO and the retention by Jelurida.
02:47 The ICO is starting on August 5th and is to be conducted on the NXT platform.
02:53 The ICO is actually for Jelurida tokens and then they're redeemed one for one to Ignis tokens once the art orogenesis snapshot takes place at least two weeks after the ICO is over.
03:07 Find more information on the Ignis ICO at jelurida.com/ico.
03:09 What do you think of NXT, Ardor and Ignis?
03:16 Do you see it's scaling feature useful instead of using the Ethereum platform?
03:20 Please leave your thoughts in the comments below.
03:22 This crypto coin show is sponsored by event chain smart ticketing platform, join our community and read our white paper for our upcoming ICO details.
03:30 I'm Ashley Madison and thanks for watching.
03:33 Remember to like this video, share it and subscribe to the crypto coin show on YouTube to see my next video when I decrypt the facts to keep you on track in the crypto world.

Frequently asked questions[edit]

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