Published on Feb 21, 2020
ARK provides users, developers, and startups with innovative blockchain technologies. We aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
The ARK Desktop Wallet is natively built for all major Operating Systems. Our full HD wallet meets the top security standards in the industry and supports the Ledger Nano S secure hardware wallet. ARK wallets connect to fully synced network peers removing the need to download the full blockchain. With the ARK wallet you are up and running as soon as it’s installed, no more syncing! And, with 8 second block times you can actually see your transactions occur in real time! No more checking in every 30 minutes to see if your transactions were confirmed
The Primary objective of ARK Crew is simple; increasing consumer adoption by focusing on two critical areas: A Fast Secure Core Technology and Practical Services for Real People.
The ARK Founder Team (AFT), as presented on ARK.io, acts in the name of the ARK Crew.
The AFT is responsible for the proper use of funds collected under the Token Exchange Campaign (ARK-TEC) presented below in this document. The AFT undertakes that the result of this TEC will be used exclusively for the financing of the "ARK" project as explained in this whitepaper - which will be made available on the collection platform: tec.ark.io - and which should result in th creation of a legal entity whose name will be "ARK Ecosystem". The creation of thisbcompany is scheduled for the first quarter of 2017. To this end, AFT intervenes on behalf of "ARK, a company in the process of being incorporated
Any node running the core blockchain code wishing to become a forging node must register their account within the ARK network. The fee for this registration is set to 25Ѧ per delegate account registered. ARK incorporates a new DPoS voting system originally envisioned by the Crypti Founders. The ARK system fee is 1Ѧ per delegate vote.
The voting weight of each wallet will be split evenly between all delegates voted. For example:
- If a wallet votes for one delegate, that delegate receives 100% of the wallets voting weight.
- If that wallet votes for an additional delegate, the entire vote weight is split evenly between the two delegates at 50%.
- By adding a third delegate, the voting weight splits again, and each of the three delegates receives 33.333% of the voting weight from that wallet
The 51 forging nodes with the highest number of votes are eligible to Forge ARK blocks. This design eliminates the possibility that any single large ARK holder or an organization holding large percentages of ARK are able to gain control over the entire network by voting for all of their nodes into forging positions, thus effectively taking complete control over that DPoS Blockchain. Votes from ARK Tokens held by ARK Crew may be used at ARK Crew's discretion
