About Ark (ARK)
The ARK Public Network is an open-source Layer 1 blockchain solution built using aĀ Delegated Proof-of-StakeĀ consensus algorithm to create an efficient cryptocurrency layer for a larger ecosystem of products and services. The $ARK coin powers the Ark Public Network.Ā
ARK is an interoperable blockchain that links to any other blockchain through its SmartBridge. With a large number of modules and SDKs for this technology, ARK is building an infrastructure of connected chains to launch block-linking ports.
ARK utilizes an adapted Delegated-Proof-of-Stake consensus mechanism derived from platforms like Lisk, Crypti, and BitShares. In Ark DPoS, ARK coin nodes are tasked with running the Ark blockchain network and are rewarded with ARK coins. The live price of ARK coin is available on Binance.
Due to the DPoS consensus mechanism, ARK Staking does not require that user funds be sent or locked. When a user votes, the weight of their vote is assigned to the delegated network validator of their choice. According to ARK, delegates customarily split the profits generated by the rewards they receive when adding new blocks. When users vote for a delegate with profit sharing, users may receive dividends on a regular basis.
OnOS, Wolfram, Ledger, Changelly, Exodus, Atomic Wallet, Bugcrowd, Spend, Major League Hacking, and Hiway are among Ark's commercial and strategic partners. The current price of ARK is updated and live-tracked on Binance in real-time.