ARK provides users, developers, and startups with innovative blockchain technologies. Accessible via button clone-able blockchains, and our SmartBridge technology. ARK aims to create a whole system of coupled chains and a virtual spiderweb of endless use-cases that make ARK extremely versatile, adaptable, and ascendible. ARK may be a secure platform designed for mass adoption and can deliver the services that buyers need and developers want.
Pros
1. independent
The aim of Ark is to create the Ark platform accessible to purchasers simply. this is often to an extent that purchasers don't seem to be aware that they're using it. The team offers special services that users perceive, want, and are willing to shop for with the platform. The ARK team has developed additional services and platforms ensuing from the ARK technology.
This offers offline and online streams of revenue for ARK. This has LED to faster analysis and development for brand new and attention-grabbing ways in which to extend shopper participation, adding worth to ARK, and educating users on blockchain technology. Incorporation of revenue streams into this project provides additional specialised services for adoption by users.
2. Privacy
Users will send ARK transactions using ARK’s Anonymous Network Integration that has elective privacy. Privacy applies to any or all services that are created for the ARK platform. These services may also be offered by third party technology integration partnership.
3. Security
ARK understands that security may be a major concern to everybody. this is often why security and cryptologic principals are incorporated throughout the whole system. This guarantees a secure core and meets the expectations and necessities of the users. ARK endlessly undertakes internal revenant penetration tests and risk analysis to supply a system that meets the high standards required for this sort of atmosphere.
4. Smartbridge
ARK sensible bridges bridge along proprietary and helpful blockchains to elongate the reach of the platform. These sensible bridges enable communication between blockchains that are valid and bridged. These blockchains thus gain a capability to perform advanced functions and tasks. In a shot to attach the blockchains, sensible bridges produce a bond that's unifying among numerous ecosystems. as an example, the ARK crew can bridge Bitcoin, Lisk, and Ethereum because the 1st blockchain.
5. Speed
The core of ARK incorporates a configuration that produces in no time transactions, having eight second block times. the upper turnout is offered whenever ARK needs it owing to the long run scaling that's simply enforced.
6. Decentralization
The legal system of ARK is additional suburbanized than different DPoS agreement models. voting weight is spread across all votes rather than distribution all weight to 1 vote. thus the whole network can't be taken.
Cons
1. Despite the safety options that are incorporated into the system, the money can never be entirely secure. this is often owing to hacking and thus your funds can never be 100% secure. there's still a risk that you simply may lose your funds.
2. Adoption of the currency faces a serious challenge due to government regulation. The widespread of the technology is restricted since not all governments are willing to adopt digital currency absolutely.
3. The technology consumes lots of pc power due to lots of mathematical solutions that are wont to validate transactions.
Market summary
Current worth - $2.89
Market Cap - $283,177,164
Volume (24h) - $6,539,400
Circulating provide - 97,851,098 ARK
Total provide - 129,101,098 ARK
ARK SYSTEM
ARK CREW
A diverse cluster of proficient people uniting to appreciate the vision shared by our 27 members - all turbulently dedicated to collaboration and also the development of the Ark system.
PHYSICAL CARD SYSTEM
Physical cards and transfer equipment(POS/NFC) accessible to people without ancient bank accounts. This conjointly includes tools to manage off-chain transactions.
BRIDGED BLOCKCHAINS
Ark can bridge different blockchains via a vendorfield referred to as the SmartBridge. This includes, however isn't restricted to: Bitcoin, Ethereum, and Lisk.
UNDERLYING TOKEN
ARK coin. Fast, secure, and stable. Utilizing delegated proof of stake and sensible Byzantine fault tolerance(PBFT) to secure the network.
HYPERMEDIA PROTOCOL PLATFORM
A peer-to-peer interplanetary File System(IPFS). IPFS integration can change ARK to enter the long run of media and hosting. permitting ARK to host giant amounts of information without the blockchain bloat that plagues different chains.
INTERPLANETARY-SCALE BLOCKCHAIN KNOWLEDGE BASE
A peer-to-peer interplanetary database (IPDB), are integrated into ARK. *pending IPDB final unleash
CONSTANT ENHANCEMENT
Our developers are operating round the clock creating enhancements to our core. Keeping it quick, secure, and stable.
OPTIONAL PRIVACY
To increase the reach of the ARK system we are about to implement elective non-public transactions. which is able to presumably be enforced via our SmartBridge system.
SELF-SUSTAINING
We not solely develop the tools developers need and want, however conjointly offer the distinctive services customers need, understand, and can use.