Why am I posting this? I believe in the dev team and think Ark has the potential to be top 5 coin in the near future. More awareness will help that happen sooner.
Ark's goal: "To make blockchain technology easy for consumers".
* Ark is fast - 8 second block times.
* Ark is designed to be simple to use for normies. Even the wallet that is currently being redesigned is still better than most other wallets.
* Ark dev team is 30 man strong with impressive achievements.
* Ark is under very active development in multiple areas. Check github https://github.com/ArkEcosystem
* Ark has a very ambitious vision, check the roadmap: https://ark.io/roadmap/
* Ark has a small market cap ($90,000,000) relative it's potential and the quick development progress.
* Ark has not had a crazy 10x increase.
* Ark has a good visual design, a neat symbol Ѧ and strong marketing.
====== SmartBridge ======
Ark does not provide direct support for dapps or other fancy shit meme blockchains overload themselves with. Instead, Ark will bridge with other networks to exchange information. This includes existing networks like Ethereum and Lisk and side networks developed to supplement Ark with extra functionality. This is also the same mechanism that will be used to integrate Ark into real world transactions.
Read more: https://blog.ark.io/smartbridge-technology-by-ark-ab3e97a081db
====== BlockChain ======
Block time: 8 seconds (can be decreased with with upgrades to the core)
25 transactions per block (can be increased with a soft fork)
Voting mechanism: DPoS (Delegated Proof of Stake)
> How does does DPoS work?
People can register delegates for a fee and run special forging nodes. Forging nodes are responsible for forging blocks. Typical users can vote with their Ark for delegates for a one time small fee. The delegates with top 51 votes take turns forging blocks and receive 2.0Ѧ for each block + all the fees from transactions in that block.
part 1/2
>>2418031
These delegates typically share the Ark they gained from forging with the voters. The biz delegate will share 100% of the profits for the first 50 days.
Each delegate makes a base of 422 Ark per day. If you voted and have 1000Ѧ and the Delegate has 900,000 voted ark, you will gain 0.47Ѧ (422Ѧ * 1000Ѧ / 900000Ѧ) per day by doing absolutely nothing.
Read more: https://blog.ark.io/dpos-and-ark-voting-explained-68596a171ca1
====== Fees ======
Transaction fee: fixed 0.1Ѧ
Vote fee: fixed 1.0Ѧ
Create delegate: fixed 25.0Ѧ
====== Coin distribution ======
Initial supply: 125,000,000Ѧ
75% [93,750,000Ѧ] - Sold during the ICO
15% [18,750,000Ѧ] - ARK Founders Team
10% [12,000,000Ѧ] - Managed fund to provide healthy long term growth, including for bounties and OTC exchanges.
Inflation per year: 7,885,000Ѧ (6.31% 1st year, 4.02% 10th year)
Current increase from inflation: 1,757,004Ѧ
====== Links ======
READ THE WHITEPAPER: https://ark.io/Whitepaper-ARK.pdf
Official site: https://ark.io
Official Ark Slack: https://ark.io/join-ark-slack/
Discord: https://discord.gg/ZyM6FZy
Acquire Ark: https://bittrex.com/Market/Index?MarketName=BTC-ARK
CoinMarketCap: https://coinmarketcap.com/currencies/ark/
This original post is a product by another anons concentrated autism. If you found this helpful, send them some ark AdDxxU4cBG73U89ksF9Q5J8jKch3eVH9U6
Is it simply a coincidence the Bancor team consists entirely of Semitic people of the Jewish faith?
No? Just like humaniq consists of nothing but niggers and eth of nothing but slavs. Why would you want a """diversity""" coin anyway, it's about the tech and marketing and nothing else.
Bancor is literally unstoppable
With Jews you win!
>Here's your free money, sir
odd way to spell NIGGER
>>2418149
Bancor is the greatest keynesian ponzi mumbojumbo ever written, I hope it turns into a great meme when it fails
Is this happening to everyone right now? wtf, i cant get eth cos they cant even spell correctly!?
this has been going on all day
legit been waiting since 5PM +1 gmt time
>>2417897
Yep, still done. Don't know what the fuck they are playing at.
isnt this a form of manipulation
If you want a laugh, read this published article in an economics journal from 2015.
Dowd (2015) "Bitcoin Will Bite the Dust"
The fact that the Bitcoin system was designed not to require
trust, but now depends on it, suggests that it is living on borrowed
time. Human nature being what it is, the temptation to abuse that
trust will prevail. The history of central banking is full of breaches
of such trust, and it would be perverse to assume that the big bitcoin players would be immune to the same human failings as
central bankers.
Our best guess is that in the short term there will continue to be
a drip-by-drip erosion of confidence as the realization grows that the
system is compromised. The current bitcoin oligopoly cannot
resolve this problem: like the Roman triumvirates, it is unstable and
the principal parties involved cannot agree on a lasting solution; they
also lack the ability to provide the necessary credible assurances anyway.
Humpty is well and truly broken and neither all the King’s
horses nor all the King’s men can put him back together again: it can
only be a matter of time before the whole unsteady edifice will
collapse.
Even in the unlikely event that it survives into the medium run, we
would still rate its longer-term chance of survival as zero. First, we
should remember that a recurring theme in the history of innovation
is that the pioneers rarely, if ever, survive. This is because early models
are always flawed and later entrants are able to learn from the
mistakes of their predecessors.
1/2
>>2417837
There is no reason why Bitcoin should
be an exception to this historical rule. The second reason is that in the
very long run bitcoin would be uncompetitive against efficient
closed-wall systems such as PayPal or COEPTIS, the successor to
e-gold. Once the production of bitcoins becomes insignificant, then
the Bitcoin system will entirely depend on transaction fees to cover
its operational costs, and its fee levels would be higher than those of
more traditional payment systems because of the need to maintain
excess hashing and excess capacity to deter new entrants into the
transaction validation business. Put differently, Bitcoin can never
achieve the technical economic efficiency of competitors that can
operate with a very small number of servers, or even just one. In the
very long term, when there are no new bitcoins being produced to
subsidize the validation process, the Bitcoin system will no longer be able to compete.20 Last but not least, there is still the problem that
Bitcoin is not backed by anything.
Yet the undeniable achievement of Bitcoin is that it demonstrates
the practical possibility of fully decentralized monetary systems
based on the principle of distributed trust rather than central authority.
Like the Wright brothers, it shows that such systems can fly, but
it does not demonstrate that they can stay in the air for too long. We
would therefore regard Bitcoin as an instructive creative failure, but
we are hopeful that the lessons to be drawn from the experience of
Bitcoin and other crytpocurrencies will lead to superior private currencies
in the future, crypto and otherwise. Further experimentation
in the private money space is therefore to be welcomed. As is the
nature of capitalist innovation, most of these experiments will doubtless
fail, but a few will succeed—perhaps hybrids of crypto and gold.
As the old saying goes: “Make new friends, but keep the old. One is
silver and the other is gold.”
>>2417880
Final bump then letting die.
What are some good resources to get started with learning about virtual currencies (in general)?
Also, what are the best platforms for charting virtual currencies (including alt coins)?
What got you started with virtual currencies?
>>2417792
Btc-e for everything. Totally legit. Best charting, best shitposters.
1. Just begin with general stock market/trading principles on youtube or something.
2. Stay away from /biz/.
3. Invest SOME of your money
4. ???
5. Profit.
But seriously anyone who follows this board is doom to fail.
wtf is this
Internet of coins logo
Bye
>>2417741
thanks
>he didn't buy either the BTC or ETH dip this morning/afternoon.
Dohohoho.... my my... C'mere anon...
>puts hand around your shoulder
There's a simple rule to this little game here.. See.. Were all just trying to make it there yeah? But you weren't paying attention before but ya are now? Well listen up. When we break through all time highs and then come down a bit, people go crazy ! Every time. I don't need to tell you why. But I do need to tell you with BTC and ETH, buy the fucking dip son...
Thats all there is too it. You see that shit falling and you get ready to pounce on that sun of a bitch right as it evens out.. I don't need to get into the math specifics of why we do this because it's pretty simple, but if I catch you out on /biz/ one more time complaining about not being able to get in on time when the next coin goes a quarter past its next all time high, by god I will slap the shit out of all of you personally. It don't matter when you get it in, shits only going up in the next 5 years! So buy the NEXT fuckin dip and SIT on that sumbitch
Shits real easy son
>buy the coinz IAM selling goy
>look at my funny frog
>isn't it funny?
Alright /biz/, I need your help.
I'm trying to make quick gainz with these coins, and am looking for discord channels and the like where people coordinate proper pnds. Some group just did one on bitshare and I make a cool $500 in less time than it takes me to shit.
Spare me your judgements, we're all here to turn a profit, aren't we? I'm losing years of my life trying to daytrade these coins, I'd like a bit less stress and a bit more guaranteed income.
Thanks in advance.
>>2417518
We're all trying to do what you're doing. If we knew how to do it we wouldn't be here. Coming into this market thinking you'll make $1K a day is going to spectacularly backfire on you.
AmmoRewards is a new Dynamic POS cryptocurrency that aims to create an independent gaming community and grow through gameplay monetization and clan matches betting. Every gamer knows how hard it is to publish gameplay videos on YouTube without having any sort of legal issues from publishers/game creators. AMMO's goal is to set a new pace by boosting this business thanks to blockchain technology. Thanks to AMMO gamers will be able to publish freely their gameplays, without fear of closed or suspended accounts. E-sports revenues had a significative revenue growth in the last two years, reaching $696 millions in 2017, at the same time E-sports betting business is growing especially in the United States, and many championships are coming out every year. AMMO Rewards will offer the chance to bet anonymously on internal and external clan matches.
>>2417469
The concept itslef definitely has a shitton of potential. Don't know if the devs will be able to handle it though. Having said that, they are self-funded and may have more ambition than I give them credit for. Not putting any money just yet but I'll follow up on this coin for sure.
>tfw no blockfolio alarm for 3 days
Shits fucked. I'm scared to look at my losses. Please tell me there will be a recovery.
They really need to add a system where you can get alerts for dollar amounts instead of bitcoin.
How the fuck am I suppose to know what 10 cents equals in sat?
Also, dgb general
Also, apparently DGB is being featured on bitcoin gambling sites, if that gains anymore attention.
http://digibytecasinos.com
>>2417237
But does he state wha is the fucking plan
>>2417237
Penis
Poo
Pee
Pancreas
Cup and Handle forming...
You do not want to miss this
I lold
I'm not technically supposed to let /biz/ know this, but I figure the more the merrier (but I won't tell you the sell price we're aiming for, be warned). The bittrex discord chat I'm in is just started to pump OKCash, there's definitely a chance to make a lot of money here. Just be careful since we know the price we're selling at, although I'll give you a hint and tell you it's above 6000, so at least you're safe until there.
https://bittrex.com/Market/Index?MarketName=BTC-OK
>>2417068
When is soon?
>>2417102
right now, we tried at 4pm too but didn't hit our mark, stalled at 5980 or thereabouts
Wanted to buy some OkCash just before last weekend when it was at 0,09€, but the money I sent didn't arrive in time.
What did they mean by this?
(((new opportunities)))
>>2417079
Why did they include a video of lightning? hmm
>>2417115
Lightning network coming to Litecoin
old news