Glossary Category:

Multi-Signature Accounts

Ardor accounts can be configured to have all their transactions require approval by other accounts, defined in a whitelist, thus making them multi-signature accounts. Even more flexible control can be achieved by requiring transactions to be approved for example by voting based on number of asset shares (e.g. shareholders voting on the company spending), or any of the voting models supported on the Ardor blockchain. Configuring account control must be done on the Ignis child chain, but once set it applies to all account transactions regardless of the chain.

Multi-Signature Accounts

Multi-Signature Accounts. on Ignis Public Blockchain on Ardor Platform

Multi-Signature Accounts is a feature on the public blockchain Ignis and available to all child chains on the Ardor Platform

More information about Ardor Blockchain Features can be found on the Ardor Learning Hub

Phasing

Phasing is a feature that allows certain phasing-safe transactions to be created with conditional deferred execution based on the result of a vote, on a list of linked transactions or on the revelation of a secret; or simply with unconditional deferred execution.

Phasing

Phasing on Ignis Public Blockchain on Ardor Platform

Phasing is a feature on the public blockchain Ignis and available to all child chains on the Ardor Platform

More information about Phasing on the Ardor Learning Hub

Plugins and Add-Ons

The Ardor blockchain software is designed to be extensible. On the client side, plugins implemented in javascript can be used to enhance the wallet functionality and improve the user experience. On the server side, add-ons written in java can be deployed to achieve integration with off-blockchain systems, or to implement custom back-end functionality.

Plugins and Add-Ons

Plugins and Add-Ons Ignis Public Blockchain on Ardor Platform

Plugins and Add-Ons is a feature on the public blockchain Ignis and available to all child chains on the Ardor Platform

More information about Plugins and Add-Ons can be found on the Ardor Learning Hub

Proof of Stake

Proof of Stake Consensus

Ardor uses a 100% proof of stake (PoS) consensus algorithm. This protocol allows the platform to be extremely energy efficient and not dependent on expensive hardware. It makes Ardor equally suitable for public and private implementations that easily work on any desktop or mobile device.

Shamir Secret Sharing

The Ardor platform support the use of Shamir Secret Sharing for splitting an account passphrase into several pieces, and reconstructing it from only a few of those pieces. There are two main scenarios where such passphrase splitting can be used to improve security – secure passphrase backup, and remote node management.

Shamir Secret Sharing

Shamir Secret Sharing on Ignis Public Blockchain on Ardor Platform

Plugins and Add-Ons is a feature on the public blockchain Ignis and available to all child chains on the Ardor Platform

More information about Shamir Secret Sharing can be found on the Ardor Learning Hub

Transaction Vouchers

Transaction Vouchers are used like invoices – a user can request a payment by preparing a digitally signed transaction template (voucher), and sending it to the payer off-blockchain. The payer then simply loads the template, verifies the amount and other details, signs and submits the transaction. This prevents sending funds to the wrong account, and proves that the party that requested a payment actually controls the specified recipient account.

Transaction Vouchers

Transaction Vouchers on Ignis Public Blockchain on Ardor Platform

Transaction Vouchers is a feature on the public blockchain Ignis and available to all child chains on the Ardor Platform

More information about Transaction Vouchers can be found on the Ardor Learning Hub

Voting System

The Voting System allows anyone to set up a poll, on any topic they wish, with a configurable number of single or multiple choice options. The results of a poll can be evaluated based on a variety of voting models – by account, by balance, by asset shares, etc, and are presented graphically after the poll ends. Voting on the blockchain ensures transparency and permanent immutability of the results. While voting is public by default, advanced features such as controllable monetary system currencies and coin shuffling can be used to improve the privacy of the voters.

Voting System

Voting System on Ignis Public Blockchain on Ardor Platform

The Voting System is a feature on the public blockchain Ignis and available to all child chains on the Ardor Platform

More information about The Voting System can be found on the Ardor Learning Hub