Ark

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Ark (ARK) is a universal innovative platform designed to popularize and simplify as much as possible the processes of mutual relations, cooperation and calculations in the virtual space. Ark has its own virtual sign-Ark token, which carries a monetary value.

Ark project was launched at the end of 2016. A huge team of 27 people is working on its launch and further promotion. Ark defines his mission as the proliferation of blockchain technologies among the broad masses of the population.

Note that Ark is not a traditional virtual currency. It is an entire ecosystem, a safe platform for adaptation. The company has ambitious plans: to stimulate the mass adoption of crypto money by offering those tools that will be useful and in demand by users. The new project has its own currency - ARK coin.

What is an Ark?[edit]

What is Ark in a Nutshell

Ark (ARK) is a platform for consumer adoption. It is not just a cryptocurrency - it is an ecosystem meant for cryptocurrency mass adoption. Ark has a powerful core that allows transactions to take place with an eight-second block time. In addition, full decentralization is a distinctive feature of the project. Ark is also working to ensure anonymity[1].

Features Ark does not end there. The project also uses its own Smart Bridge technology, which allows Ark to communicate with other blockchain technologies.

In addition, a large number of tools from this project are being developed, the purpose of which will be to distribute not only its own cryptocurrency, but also digital money in General.

To explain more easily than good Ark, we list its advantages:

  • decentralization and anonymity;
  • high reliability level;
  • a decent level of protection;
  • the universality of its currency;
  • constant work on the development of new services and tools.

However, Ark's drawbacks also exist:

  • there is always a chance of losing your investment;
  • the possibility of hacking;
  • the lack of security of electronic money, which greatly complicates the prediction of the further development of coins.

To be honest, these disadvantages apply not only to Ark, but also to other cryptocurrencies.

Ark Team[edit]

As already mentioned, the development of this project involved a huge team – 27 professionals in the field of blockchain technologies, most of which were previously involved in the creation of large-scale projects.

Among the experts who created Ark – Francois Xavier, who has long held the position of chief programmer e-currency Lisk, and now manages the Department of development Ark. Also joined the team of professionals who previously engaged in the development of infrastructure network Bitshares.

ARK Coin[edit]

Ark price is available online on CoinMarketCap widget:

ARK market capitalization on 28 MAY 2018: $225,11M On the 28th of May, the ARK token price was $2,19 for a coin.

Perspectives[edit]

Experts working on the development of the project suggest that its further improvement will allow the platform to provide users with such features:

  • payment for goods or services from anywhere in the world;
  • converting Ark tokens to other currencies – both cryptographic and real;
  • create customized maps that will have ultra-secure protection;
  • introduction of the bonus program for token holders.

It should be noted that everything that is done by the Ark project team is done with a single goal – to create a single system that combines a variety of services and tools. If they succeed, the company's support and high liquidity of ark cryptocurrencies are provided.

ICO start date: 2016-12-11

More information in the project whitepaper: https://ark.io/whitepaper/

See also[edit]

External links[edit]

References[edit]

  1. BitcoinTalk - Ark


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