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Community vote
Based on votes
The community score represents our users' personal view on this project.
Summary
Type
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State
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Country
Switzerland
Founded
2016
Dlt Type
Blockchain
Exchanges
n/a
Regulator
Switzerland FINMA
Blockchain
Own network
Product Stage
In development
Blockchain Necessity
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OTC Index Position
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CoinMarketCap Position
184
Last ReportLast Report
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Financial Summary
Price
$0.19
Fair value
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Market cap
$21,745,108
24H Change
4.52%
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There are no reports written about this project yet, but you can request one here, or even publish your own here.
About project
⦁ ARK is a fast, decentralized, scalable, collaborative system that allows for bridging between blockchains. Transactions on the network average around 8 seconds, much faster than the estimated one hour for Bitcoin transactions. The Ark platform aims to make crypto technologies more socially acceptable. It wants to achieve this through secure core technology and the implementation of practical services.
Deploying a smart contract to the Ethereum network can be done via Arks wallet which has the benefit of reducing bloat on the Ark system whilst connecting Ethereum and Ark together.
DPOS is a system in Ark which stands for Delegated Proof of Stake, it’s a model that improves on the PoS system by having delegates forge the blocks instead of the entire network. For Ark there are 51 delegates who forge the blocks and holders of Ark can then allocate their coins to a delegate of their choice via the wallet. These delegates have various payment plans, which share the rewards that are given to the delegate upon forging the blocks. Most delegates pay out on a daily or weekly basis and therefore it’s a way to obtain extra Ark from one’s holdings. As it currently stands, about 90% of all Ark is staked through the system. Staking costs 1 Ark to vote and unvote and it is not necessary to keep the wallet open, therefore the users are always making passive income just by voting for a delegate.
DPOS also relies on relay nodes which whilst are not forging, help to add extra security to the network. Anyone can become a delegate or a relay node.
Core team
JS
Mike Doty
Managing Director/Co-founder
 
JS
Francois-Xavier Thoorens
CTO/Co-founder
 
JS
Lars Rensing
CFO/Co-founder
 
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Travis Walker
Board Member/Co-founder
 
JS
Rok Černec
Board Member/Co-founder
 
JS
Scott McPherson, MD
Board Member/Co-founder
 
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Matthew DC
Board Member/Co-founder
 
JS
Velislav Valkov
Lead Network Architect/Co-founder
 
JS
Chin Song
Support Director/Co-founder
 
JS
Khanh Vuong
Co-founder
 
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Stefan Neagu
Project Manager/Co-founder
 
JS
Lúcio Rubens
Full-Stack Developer
 
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Oleg Shcherbyna
UI/UX Designer
 
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Juan Martín
Full-Stack Developer
 
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Alex Barnsley
Full-Stack Developer
 
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Arnaud Deborne
General Secretary
 
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Kristjan Košič
Core Developer
 
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Jeremy Epstein
Lead Marketing Advisor
 
JS
Simon Downey
IoT Team/Developer
 
JS
Adrian Kerchev
Network Architect
 
Advisors & CM
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