ICO short overview
Ignis (IGNIS)
NXT
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Optimal Shelf Availability Token (OSA) 2 days
Ignis ICO summary information

Project Description

Jelurida, the company behind NXT, is building Ardor as a next-gen version of NXT. The platform will feature child chains as a service, the first of which will be Ignis which will se IGNIS for its operations. All of the existing and well tested Nxt blockchain features will be available on the Ignis child chain, with multiple Ardor platform specific enhancements being added.Team:Kristina Kalcheva: Co-Founder Lior Yaffe: Co-Founder, Senior Developer Petko Petkov: Co-founder, Core Developer Tomislav Gountchev: Lead Software Architect  Jelurida will be holding an ICO for Augur, starting on the 26th of August (2nd round) and lasting until the 14th of October with some pauses along the way. The total amount of IGNIS coins issued will be equal to half of the amount of NXT coins existing on the Nxt blockchain at the time of the Ardor Genesis Snapshot, plus 500 M (five hundred million).Approximately half of the IGNIS coins will be reserved and distributed automatically to the NXT holders based on their account balances at the time of the Ardor Genesis Snapshot, at 1 NXT = 0.5 IGNIS ratio.From the remaining 500 M (five hundred million) IGNIS, 440 M (four hundred and forty million) will be offered to the general public in a crowdsale (ICO), and 60 M (sixty million) will be kept by Jelurida.There are bonuses for the Ignis ICOBonus Structure:DatesJLRDA tokens for salePrice of 1 JLRDA in NXTAug 05 - Aug 1260,000,0000.40Aug 26 - Sep 0280,000,0000.55Sep 09 - Sep 16100,000,0000.76Sep 23 - Sep 30100,000,0001.05Oct 07 - Oct 14up to 100,000,0001.45

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
IGNIS Latest Updates
July 13, 2018

Dead Man Switch

How to save your crypto when you dieIn the next 100 years or so we will all die and this is one of the two facts of life we have to accept. This creates an awkward problem, since in crypto you are responsible for your funds, if you die your crypto will die with you.Is there a way to recover...

From: Lior Yaffe

July 05, 2018

Random Number Generator in Contracts

Ardor lightweight contracts have a fast and secure method for random number generation.Random Number Generator in Contracts. Image Credit: Nick Hillier from UnsplashBlockchain-based contracts often need to generate random numbers for use cases such as gaming, gambling, simulation...

From: Lior Yaffe

June 26, 2018

When you prune transactions it means that a new node which joins the network cannot calculate the…

When you prune transactions it means that a new node which joins the network cannot calculate the up to date account balances by re-validating all the transactions in the ledger since some transactions are not available anymore.This means that the node has to first obtain a snapshot of the...

From: Lior Yaffe

Even two nodes working on the same internal network will sometimes create forks when both nodes…

Even two nodes working on the same internal network will sometimes create forks when both nodes generate a block at the same time independently. At some point, each node will learn about the other node’s block and will resolve the fork, each blockchain protocol has a way to resolve these forks...

From: Lior Yaffe

In my view, the main problem is that nodes will see transactions in a different order so when one…

In my view, the main problem is that nodes will see transactions in a different order so when one node submits a transaction which references two older transactions (according to this node view), some nodes will receive this transaction before receiving the “old” transactions it references...

From: Lior Yaffe

Same for Raiblocks (now Nano?)

Same for Raiblocks (now Nano?) is it infinitely scalable? What are the limiting factors? Did you try to loadtest it?

From: Lior Yaffe

I really like the byteball project but wouldn’t it suffer from the same problems under high TPS…

I really like the byteball project but wouldn’t it suffer from the same problems under high TPS where each node has a different set of transactions?

From: Lior Yaffe

June 25, 2018

My Crypto Investment Strategy

My Crypto Investment Strategy. Credit image: Raw Pixel, at Unplash.In a previous article I published more than 4 months ago, I explained why I think the crypto market won’t suffer from a tulip mania, dot.com or housing type crash where many investments suffered losses of 97% or more over a...

From: Lior Yaffe

June 18, 2018

NXT POS Block Skipping Attack Myth

In the Ethereum proof of stake FAQ, NXT is mentioned as suffering from a class of “Stake Grinding” attack. The author refers to this attack as “Block Skipping Attack”. In this article, I’ll explain why this imaginary attack is not practical.The idea of a block skipping attack is that...

From: Lior Yaffe

June 09, 2018

Stateful vs. Stateless Blockchain Contracts

Stateless vs. Stateful Blockchain Contracts. Credit Image David di Veroli Unsplash.Or what is wrong with Ethereum Contracts and how the new Ardor Lightweight Contracts can fix thisSee more lightweight contracts articlesTo understand how broken the existing Ethereum smart contracts are, take a...

From: Lior Yaffe

May 31, 2018

If I understand correctly, plasma is moving contract execution to the child chains, this means that…

If I understand correctly, plasma is moving contract execution to the child chains, this means that not every node will execute every contract, but if so how can nodes that did not execute a contract, trust that whoever did execute the contract did not cheat? The Whitepaper refers to fraud...

From: Lior Yaffe

May 16, 2018

Introduction to Transaction Vouchers

One of the most annoying and error prone aspects of crypto trading is the process of deposits and withdrawals from exchanges.Take a look at this Bittrex deposit dialog for ArdorLet’s think together about all the things which can go wrong when you send your precious Ardor tokens from your...

From: Lior Yaffe

May 15, 2018

Lightweight Contracts Design

Architecture of the Ardor Lightweight ContractsLightweight Contracts Design. Image credit: Fleur Treurniet from Unplash.See all previous lightweight contracts articlesThe design of the Ardor Lightweight Contracts feature continues to progress rapidly. I would like to share some of the design...

From: Lior Yaffe

May 13, 2018

Lightweight Contracts Articles

Lightweight ContractsLightweight Contracts FAQMore Advanced ContractsOracle Contracts on ArdorArdor Lightweight Contracts Use Case

From: Lior Yaffe

April 24, 2018

Ardor Lightweight Contracts Use Case

Ardor Lightweight Contracts Use Case. Credit image: Joey Huang from UnsplashWe can now solve the ARDR paradox using a simple contractOne of the most annoying problems for new users of Ardor is that you cannot buy the ARDR parent chain token unless you already own ARDR tokens to pay the...

From: Lior Yaffe

April 20, 2018

The NXT wallet is the ICO platform.

The NXT wallet is the ICO platform. You can develop a plugin on top of it with your own user friendly UI.

From: Lior Yaffe

April 18, 2018

Oracle Contracts on Ardor

Oracle Contracts on Ardor. Image credit: Luca Laconelli from Unplash.Contracts which load information from external sourcesAn Oracle in the context of a blockchain, is a process which retrieves information from external resource and registers it on the blockchain. Other contracts or online...

From: Lior Yaffe

April 16, 2018

More Advanced Contracts

More Advanced Contracts. Image credit: Rawpixel, from UnsplashDeep Dive into Ardor Lightweight Contracts DevelopmentIn my previous articles, I presented a sample hello world contract and answered some common questions. Now, let’s look into more advanced use case.Assume that we have a group...

From: Lior Yaffe

April 13, 2018

Lightweight Contracts FAQ

Based on discussions with Ardor community membersSee Ardor Lightweight ContractsDisclaimer: The lightweight contracts feature development is still evolving. Right now this is just a proof of concept, so it’s more advanced than a Whitepaper but less advanced than a testnet release. Therefore,...

From: Lior Yaffe

April 10, 2018

Lightweight Contracts

Lightweight Contracts — The Ardor answer to smart contracts. Image credit: Hudson Hintze, Unplash.The Ardor answer to smart contractsOne of the main bottlenecks of existing smart contract technology is that it requires every node in the blockchain to process every contract to reach the...

From: Lior Yaffe

April 09, 2018

proof of stake

proof of stake

From: Lior Yaffe

Hi Shaan, nice article, you may want to add that Ardor’s child chains does not require locking your…

Hi Shaan, nice article, you may want to add that Ardor’s child chains does not require locking your parent chain coins in order to transact using your child chain coins. In fact the Ardor child chains design is quite different than side chains design. Take a look here for more details...

From: Lior Yaffe

March 30, 2018

Blockchain — We Need Standardization

Cube houses (Dutch: Kubuswoningen) are a set of innovative houses built in Rotterdam and HelmondEveryone is talking about the need for clear government regulations in the blockchain industry, clear instructions to define the rules of engagement, and taxation on transactions such as...

From: Lior Yaffe

March 26, 2018

Yes, most of the workshop was recorded with high quality video and audio.

Yes, most of the workshop was recorded with high quality video and audio. We are currently working on breaking this video into short episodes that we will upload gradually.

From: Lior Yaffe

March 23, 2018

Reflections on the Ardor Workshop

Developing Ardor Java Add-on at the NFEA Ardor/Ignis Workshop 22.3.18On Thursday (March 22, 2018) I delivered what probably was the first ever developers workshop for the Ardor and Nxt blockchain platforms.The workshop took place in Kristiansand, Norway and was attended by interested business...

From: Lior Yaffe

The Ardor Workshop

Developing Ardor Java Add-on at the NFEA Ardor/Ignis Workshop 22.3.18On Thursday (March 22, 2018) I delivered what probably was the first ever developers workshop for the Ardor and Nxt blockchain platforms.The workshop took place in Kristiansand, Norway and was attended by interested business...

From: Lior Yaffe

March 06, 2018

I don’t think the ETH state pruning is equivalent to the Ardor transaction pruning.

I don’t think the ETH state pruning is equivalent to the Ardor transaction pruning.

From: Lior Yaffe

February 25, 2018

Is there some documentation of the Lisk side chains I can read?

Is there some documentation of the Lisk side chains I can read?

From: Lior Yaffe

Last Minute Preparations for 4YFN

Heading to Barcelona tomorrow evening as things are starting to shape up towards this great event.For anyone who is catching up now, Jelurida and friends are heading to the 4YFN event in Barcelona after being selected as 1 of the 10 most promising startups out of over 300 applications submitted...

From: Lior Yaffe

Corrected Summary of Notable Blockchain Projects Table

In response to the TON WhitepaperReferring to the “Telegram Open Network” Whitepaper published by Dr. Nikolai Durov on December 3, 2017 (which may or may not be a legit publication of the Telegram team itself, I can’t tell at the moment)I decided to refer to section 2.9 which lists an...

From: Lior Yaffe

February 21, 2018

IGNIS holders does not get anything automatically when a new child chain is listed (they got 10% of…

IGNIS holders does not get anything automatically when a new child chain is listed (they got 10% of Bitswift but this was a one off agreement). The JPL has a condition that if someone clones the whole Ardor platform then 10% of the new forging token is distributed to IGNIS holders.

From: Lior Yaffe

February 20, 2018

We get a lot of requests for child chain creation, this was the trigger for writing this article.

We get a lot of requests for child chain creation, this was the trigger for writing this article.When agreements are signed we will announce it if possible, otherwise you would see it when we deploy the child chain to production.

From: Lior Yaffe

February 19, 2018

Ardor Child Chain Listing Process Explained

Ardor is running in production now for a month and half. It is the first operational multi-chain architecture which provides solution to blockchain bloat and separation of concerns.The main offering of Ardor is the ability for businesses to use their own lightweight child chain with its own...

From: Lior Yaffe

February 08, 2018

Ardor Launch — Update #5

To go where no Jeluridian has gone beforeAnother productive week in cryptoland. Ardor and its child chains continue to operate perfectly. The dev team has started working on the pruning and snapshot feature (but this is still several month away). Meanwhile, next week we are planning to release...

From: Lior Yaffe

February 05, 2018

Why I think the “Bitcoin Bubble” is not going to burst any time soon

There seems to be a strong consensus in the financial circles including government officials, bankers, journalists and even Nobel prize winners that the Bitcoin market specifically, and the cryptocurrency market as a whole, is in a state of a financial bubble which is about to burst anytime...

From: Lior Yaffe

February 03, 2018

Benefits of Ardor 0 Fee Transactions

In my previous article about the token duality problem I explained why the model of single blockchain/single token does not work well for real life applications.To emphasis this, let’s look at a simple example. Shortly after we released the Nxt Monetary System back in 2015 we were approached...

From: Lior Yaffe

January 29, 2018

Ardor Launch — Update #4

The Plateau of ProductivityA quick recap of the last 10 days in Ardor land.On January 23 we released Ardor 2.0.13 with the Account Properties Bunlder some exchanges and businesses were waiting for, a redesigned bundling page and few more fixes and goodies. We now plan to merge some of the...

From: Lior Yaffe

January 23, 2018

The Account Property Bundler

How your users can submit zero fee transactionsBundling is the process of packaging multiple child chain transactions into a single ChildChainBlock transaction on the parent chain.A simple explanation of this process is provided in our wikiIn Ardor version 2.0.13 released today we improved the...

From: Lior Yaffe

January 21, 2018

The Token Duality Problem

The existing single blockchain, single token model does not scaleIn June 2015 shortly after we released Nxt 1.5 with ground breaking features like Phasing, Account Control and Data Prunning, which almost 3 years later are still unmatched in their functionality and simplicity, we started looking...

From: Lior Yaffe

January 20, 2018

Ardor Launch — Update #3

Looking for New Child ChainsThe first couple of weeks after the launch where dedicated to stabilization of the chain itself. This week the focus shifted into making Ardor and it’s child chain easier to work with. It’s becoming crystal clear now that one of the most powerful features of...

From: Lior Yaffe

January 12, 2018

Ardor Launch — Update #2

More Fixes then Stable OperationOn Jan 7th we released version 2.0.11 which finally black listed the remaining fork nodes. On Jan 9th we then released another bug fixes release. We are now at block 16452 and all systems are go.We are making good progress on all frontsPeer Explorer is back...

From: Lior Yaffe

January 05, 2018

Ardor Launch — Update #1

Brief overview of the project statusThe IGNIS airdrop was performed on time on block 1636363, any account holding NXT at the time received 0.5 IGNIS per NXT. Version 2.0.9 was released with a new Genesis block.Then on 00:00:00 UTC Jan 1st the first block of Ardor was forged. It started slow...

From: Lior Yaffe

December 26, 2017

Dealing with Scammers

Difficult story with a happy endingDealing with hackers and scammers is one of the most frustrating aspects of crypto. But this scammer made the mistake of a lifetime.When issuing our IGNIS ICO token as a currency on the NXT blockchain we named it JLRDA, choosing this rather complex name,...

From: Lior Yaffe

ICO Insider: How to Deal with Scammers

Difficult story with a happy endingDealing with hackers and scammers is one of the most frustrating aspects of crypto. But this scammer made the mistake of a lifetime.When issuing our IGNIS ICO token as a currency on the NXT blockchain we named it JLRDA, choosing this rather complex name,...

From: Lior Yaffe

December 15, 2017

NXT based Multi-Currency ICO

Register your crowdfunding tokens on NXT when raising funds using multiple crypto-currenciesIn my previous article I explained how we used the NXT blockchain as a crowdfunding platform for our IGNIS ICO and how you can reuse our technique for your own crowdfunding campaign.However, due to price...

From: Lior Yaffe

Made some corrections and clarifications.

Made some corrections and clarifications. Mainly the technique of randomizing the block height in which to submit the sell offer is no longer necessary when using scheduled transactions.

From: Lior Yaffe

December 09, 2017

How to implement a Fair and Secure ICO

A technical look into the inner workings of our own IGNIS crowdfunding campaign which you can duplicate for your own NXT based ICO for a fraction of the cost of other solutionsDevelopment of smart contracts for an Ethereum ERC20 token is expensive. Typical costs include around $20K for the...

From: Lior Yaffe

You are just quoting IOTA’s PR and not addressing any of my claims.

You are just quoting IOTA’s PR and not addressing any of my claims.To clarify I claim that(1) IOTA does not have infinite scalability(2) There is no proof that IOTA scales better than a blockchain(3) IOTA is not even close to be able to support the load required by a single simple weather...

From: Lior Yaffe

December 05, 2017

The Data Marketplace

Looking into IOTA’s latest announcementIn a brilliant but risky PR stunt IOTA has managed to insert a story into Reuters which was quickly picked up by other reputable sources like the NYTimes about it’s upcoming “Data Marketplace” initiative on which it “teamed up” with some big...

From: Lior Yaffe

December 02, 2017

Post ICO Solutions

Choosing a Blockchain platform for your projectCongratulations! you managed to raise funding for your project using an ICO by issuing a token and selling it to investors.Alas, in your Whitepaper you made a lot of promises about the wonderful decentralized applications you’ll develop, but now...

From: Lior Yaffe

November 18, 2017

Scaling a Blockchain vs Scaling a Tangle

Pointing out possible weaknesses in the DAG scalabilityOn its face, the DAG (Directed Acyclic Graph) design used by distributed ledgers like IOTA and Byteball, looks like an amazing innovation. Instead of bulky blocks used as transaction containers in existing blockchain designs, the DAG builds...

From: Lior Yaffe

November 10, 2017

Blockchain as a Service

What blockchain? Which service?We hear more and more recently about “Blockchain as a Service” or “BAAS” solutions from large corporations such as Microsoft, IBM and Oracle to name a few. But what do they really mean? I decided to investigate.MicrosoftThe Redmond giant promotes...

From: Lior Yaffe

November 05, 2017

Ardor 2.0.4e released

A significant update with important new featuresToday we released Ardor 2.0.4e this is an experimental release available for anyone to test. This release introduces several important features, documented in the changelog, that we will review in depth over the next several days and weeks, at the...

From: Lior Yaffe

October 30, 2017

Ardor Q&A

Discussion with potential stake holderQ: What is Ardor?Ardor is the next generation of the Nxt platform, addressing several important deficiencies which required architectural changes in the software.Q: What are you offering?Something that no one else is, a blockchain as a service platform...

From: Lior Yaffe

October 25, 2017

Enough is Enough

Everyone wants a ride on the success of POSAlso see my previous articles NXT Proof of Stake Theory vs Practice and POS vs POW revisitedSuddenly everyone piggybacks on the POS trend. It started with Ethereum and their unnecessarily complex, Casper vaporware, which they promote everywhere as the...

From: Lior Yaffe

WEF: Ardor is a leading “Digital Asset”

In a long and rather boring article, the world economic forum writer lists a list of leading digital assets (page 21). Ardor was listed as 7th in the list of “Top 10 Digital Assets, as of 17 June 2017”. In fact Ardor is not a digital asset, it is a revolutionary blockchain architecture...

From: Lior Yaffe

October 23, 2017

Please email us at [email protected]

Please email us at [email protected]

From: Lior Yaffe

Fixed

Fixed

From: Lior Yaffe

October 21, 2017

Visa Scale Blockchain

Dispelling some myths around blockchain scalabilityLight speed is finite and this is a bummer but we’ll get to that in a moment.But let’s start with Visa, every blockchain scaling discussion these days starts with Visa’s 2000 TPS myth. More precisely, what this statement means is that at...

From: Lior Yaffe