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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.
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>>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
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