Altcoins News
By Dan Saada
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Ignis Started as a Test Child Chain
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Ignis – Permissionless
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The price of Ignis has been trending at $0.027 at the time of reporting. Ignis is the first child chain of Ardor.
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Child chains are a lot similar to side chains. The purpose of child chains is to help the network scale globally.
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The Ardor website states: “The Ardor Platform operates as a Blockchain-as-a-Service solution.
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Sydney Ifergan, the crypto expert, tweeted: "Ignis and related child chains from Jelurida address the issue of Blockchain bloating.
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Ignis started as a test chain used to establish the functionality of the child chains. It was used to identify how fast the network can run further to see whether it will clog up…
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A child chain can define the value of its token. Therefore, IGNIS can be further exchanged with any other coin through an Ardor decentralized coin exchange.
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Ignis is the main public child chain, and it has fully functional features. Further, businesses or projects will be able to create new child chains to suit their needs.
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All the action happens on Ignis, while Ardor Chain facilitates the security of the whole network.
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The “stateless lightweight smart contracts" are used to automate calls to the platform's APIs across child chains. It is further deployed exclusively on the Ignis child chain.
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The Jelurida white paper details the goals of Ardor and Ignis. Ignis has all the features available in the Nxt blockchain.
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