#SUNDAYCOINDAY Ep. 9 Ark (ARK)
We saw a selloff this week, and between that blood river, there was one Crypto floating in the green, funny because its name is Ark.
Ep. 9: Ark (ARK)
1- OVERVIEW
ARK aims to create an ecosystem of linked chains using a SmartBridge technology. Claims to be fast, decentralized and sustainable.
It uses a variation of other DPoS consensus models, where the voting weight is divided across all votes instead of assigning 100% weight to each vote, they say it makes it nearly impossible for a takeover of the network (i'm not so sure about that but it reduced a lot the "tragedy of the commons" issue).
2- Ark's Ecosystem
Physical Card System
They'll provide physical cards and tools for off-chain transactions. They claim to reach even people without traditional bank accounts.Bridged Blockchain
As stated before, using SmartBridge technology they'll bridge Bitcoin, Ethereum and Lisk's blockchains for now, they are clear stating that it is not limited to those three.Optional Privacy
They'll look to implement optional privacy payments in an effort to increase the reach of Ark's ecosystem.Ark Shop
E-Commerce with Ark related items, as clothes, mugs, ledgers..
Payable with BTC and ARK
More on: https://shop.ark.io/
3- THE TOKEN
Name: Ark
Ticker: ARK
Circulating Supply: 97,629,258 ARK
Total Supply: 128,879,258 ARK
Market Cap: $350,888,340 (92,276 BTC)
Price at the time of writing this post: $3.59 [2.57%]
Exchanges:
- Bittrex
- Cryptopia
- Litebit
- Coinspot
Further information on their website: https://ark.io/
Documentation: https://ark.io/whitepaper
IF YOU LIKE THIS POST AND THE IDEA TO CONTINUE THIS SERIES, PLEASE UPVOTE AND RESTEEM, If you missed it the first episodes of the series here it is!
Ep. 6: MONACO (MCO) (https://steemit.com/cryptocurrency/@erodriguezc11/sundaycoinday-ep-6-monaco-mco-2017827t223953696z)
Ep. 7 Lisk (LSK) (https://steemit.com/quote/@erodriguezc11/sundaycoinday-ep-7-lisk-lsk-201793t16710338z)
Ep. 8 BASIC ATTENTION TOKEN (BAT) (https://steemit.com/bitcoin/@erodriguezc11/sundaycoinday-ep-8-basic-attention-token-bat-2017911t0411117z)
THIS IS NO FINANCIAL ADVICE, ALWAYS DO YOUR OWN EXTENSIVE RESEARCH AND DO NOT INVEST MONEY YOU'RE NOT WILLING TO LOSE
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Looks like a decent coin. That's rare nowadays!
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