Ignis (IGNIS) is a child chain on the Ardor blockchain platform, offering a highly scalable, 100% Proof of Stake, and permissionless environment for everyday transactions with low fees. It supports advanced features like account control, asset issuance, coin shuffling for privacy, and stateless lightweight contracts, making it suitable for a wide range of use cases.
Ignis (IGNIS) is the main child chain of the Ardor blockchain platform. It supports advanced privacy mechanisms, including coin shuffling and encrypted messages, which can be shared securely with third parties.
Key Features and Use CasesAccount Control: Ignis allows users to add a layer of protection to their Ardor accounts by setting up approval accounts that must approve all outgoing transactions, similar to decentralized two-factor authentication.
Asset Issuance and Exchange: Users can issue tokens and assets on Ignis, which can be traded on a decentralized exchange. This feature supports various use cases such as private equities, public equities, bonds, derivatives, and commodities.
Voting System: Ignis has a built-in decentralized polling system for secure and anonymous voting. Users can create polls with various options, and voting privileges can be determined by account balance or asset ownership.
Smart Contracts: Ignis supports simple smart contracts that can be created with minimal programming knowledge. These contracts can automate various tasks such as conditional payments and asset management.
Shuffling: Ignis offers a privacy feature called shuffling, which allows users to mix their coins or assets with others, making the origin of the assets untraceable.
Singleton Assets: Ignis allows the creation of unique tokens to represent items such as art, cars, or houses, with a built-in way to trace ownership history on the blockchain.
- Account Properties: Users can tag accounts and restrict trading of assets to specific accounts, enabling features like customer tracking in a shop.
Ignis is designed to be highly scalable and supports a wide range of use cases, including decentralized applications, marketplace transactions, and data storage. It is permissionless, meaning anyone can use it without needing approval, and it offers a high degree of flexibility and customization.
To store Ignis (IGNIS) tokens, you can use several wallet options:
Freewallet: Freewallet offers a mobile-first cryptocurrency wallet for Android, which allows you to store, send, and receive IGNIS tokens. The wallet is simple, secure, and user-friendly, with features like fee-free transactions within the Freewallet ecosystem and real-time price charts.
Hebe Wallet: Hebe Wallet is a decentralized wallet that supports IGNIS tokens. It offers advanced security features like local signature and offline signature, reducing the risk of theft. Hebe Wallet is available for Android, iOS, and web platforms.
Ardor Wallet: Since Ignis is a child chain of the Ardor platform, you can also store IGNIS tokens using the Ardor wallet. This wallet supports all the transaction types and features available on the Ardor platform, including advanced privacy mechanisms like coin shuffling and encrypted messages.
- Web Wallets: Additionally, you can use web wallets like Freewallet's web application, which allows access to your IGNIS wallet via the Freewallet website on various operating systems.
Before choosing a wallet, consider factors such as security, user interface, and compatibility with your devices.
To buy Ignis (IGNIS) tokens, follow these steps:
Register on a Fiat-to-Crypto Exchange:
- Sign up on a reputable exchange that supports fiat-to-crypto transfers, such as CryptoWallet.com.
- Complete the verification process and secure your account with two-step verification.
Buy USDT or Bitcoin:
- Use the exchange to purchase USDT or Bitcoin with your fiat currency.
- Choose the coin that will be most cost-effective for converting to IGNIS on the altcoin exchange.
Transfer to an Altcoin Exchange:
- Transfer the purchased USDT or Bitcoin to an altcoin exchange that supports IGNIS trading, such as Bittrex or Probit Global.
- Ensure the exchange supports the necessary trading pairs, like IGNIS-USDT or IGNIS-BTC.
Buy IGNIS:
- Use the transferred USDT or Bitcoin to buy IGNIS tokens on the altcoin exchange.
- Monitor the market and adjust your strategy as needed.
Store Your IGNIS:
- Store your IGNIS tokens securely in a wallet that supports the token, such as the exchange's wallet or a dedicated IGNIS wallet.
Remember to stay informed about market trends and updates on IGNIS and the cryptocurrency space to make the best trading decisions.