The Modern Financial Terminal

Subscribe for $2

Trusted by leading companies and financial institutions

BlackRock logoAllianz logoGoogle logoAnthropic logoBloomberg logoRevolut logoNASDAQ logoCoinbase logo
BlackRock logoAllianz logoGoogle logoAnthropic logoBloomberg logoRevolut logoNASDAQ logoCoinbase logo
Analyse
Profile
Ark Stock

Ark

ARK

Price

0.27
Today +/-
+0
Today %
+0 %

Ark Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
UpbitARK/KRW0.3932,588.9467,604.05732,945.60.08cex470
BVOXARK/USDT0.487,436.8386,068.06660,149.020.08cex513
BinanceARK/USDT0.436,838.6940,012.75524,403.860cex548
BitMartARK/USDT0.430,240.7931,384.75332,638.860.02cex422
GateARK/USDT0.435,215.3631,305.58230,595.560.01cex449
MEXCARK/USDT0.432,910.1533,427.35178,131.760.01cex496
BitgetARK/USDT0.440,391.1245,721.98172,987.910.01cex433
TapbitARK/USDT0.41,828.854,201.57144,104.740.01cex171
WhiteBITARK/USDT0.411,062.89,781.39124,636.790.01cex304
BinanceARK/TRY0.414,248.7510,060.3479,454.50cex695.41
1
2
3
4

Ark FAQ

What is ARK?

ARK is a cryptocurrency and blockchain-based development platform enabling users to create fully customizable and interoperable blockchains. It minimizes the industry's reliance on Smart Contracts by utilizing custom transactions, logic, and multiple programming languages. Established in mid-2016, ARK conducted a Token Exchange Campaign (TEC) later that year, successfully raising $800K in Bitcoin and other cryptocurrencies. Due to sound financial planning, the team has remained well-funded since its inception. The ARK Public Network became operational on March 21, 2017, featuring the native ARK crypto asset. Shortly thereafter, the ARK business entity was established, known as ARK ECOSYSTEM SCIC, commonly referred to as 'ARK.io,' which is integral to both the team's branding and website. The ARK Ecosystem comprises an open-source blockchain technology stack written in the TypeScript programming language. The ARK public network functions as a practical implementation of ARK technology. It includes node operators who act as delegates, standalone blockchains operating on ARK technology with independent node operators, business entities that develop products powered by ARK and contribute to maintaining the codebase, an enterprise division dedicated to driving adoption, and a community of users, developers, and service providers. The ARK Public Network accommodates special transaction types, such as multi-payment, multisignature, a variety of registration transactions, and IPFS hash transactions. ARK’s Launcher product facilitates the creation of fully customizable, interoperable blockchains through a graphical user interface. This plug-and-play creation method empowers developers to fully leverage ARK’s consensus model, technology stack, product line, and custom transactions.

What is ARK Aiming to Address?

ARK is designed to address the challenges associated with utilizing blockchain technology and developing solutions that meet diverse use case requirements. The ARK Core Framework provides developers with simplified access to blockchain technology. This framework features the ARK Core, which serves as the foundation of an ARK-based network, managing peer-to-peer activities, ledger database administration, API access, custom business logic, and more. A key component of the ARK Core Framework is the Generic Transaction Interface (GTI), enabling developers to create custom transaction types that operate on a bespoke blockchain tailored to the developer's specific use case. This concept is akin to developing a decentralized application in Solidity; however, there is no need to learn a new complex language, as the GTI is implemented in TypeScript. Furthermore, the decentralized application built on the ARK platform, along with any associated crypto assets, operates on a sovereign interoperable blockchain to effectively address scalability concerns.

How Can ARK Be Mined or Staked?

ARK cannot be mined. Instead, it is forged by elected delegates who manage the network. It operates on a custom-designed delegated proof-of-stake (DPoS) blockchain with 51 forging delegate slots and eight-second block times. Each forged block generates 2 ARK, which is rewarded to the validating/forging delegate for their contribution. Delegates are elected by ARK token holders, and the voting power of these holders is fixed at a rate of 1 ARK = 1 vote. Users cannot vote for more than one delegate per wallet address, which addresses concerns about centralization and power groups that have historically affected DPoS systems. Aspiring forging delegates can run instances of the ARK Core and campaign for forging status by accumulating vote weight from token holders. Users who want to place their delegate within the top 51 slots execute a special vote transaction using ARK Desktop or ARK Mobile wallets, thereby assigning vote weight to their chosen delegate. ARK used in voting is not locked and can move freely in and out of the voting wallet address at any time. The staking rewards system is managed by the delegates themselves, with each delegate offering a unique reward system. The ARK team does not operate the ARK public network.

Where Can You Purchase ARK?

ARK can be purchased at any cryptocurrency exchange that supports this digital currency. For the most up-to-date list of exchanges and trading pairs for ARK, you may refer to the complete list on the ARK website or navigate to the market pairs tab on Eulerpool. Additionally, downloadable exchange plugins are available for the ARK Desktop Wallet. ARK can be stored on an exchange, in ARK wallets, multi-asset crypto wallets, crypto debit card wallets, or Ledger hardware wallets.

Investors interested in Ark are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.