hi guys my name is dr. 10 and I welcome
you to my channel if you are new to
cryptocurrency please make sure
to check out my youtube playlists crash course crypto
before watching this video
thank you very much
people call it the Google of blockchains
or the tcp/ip of blockchains card wants
to grow a sandbox like ecosystem on
which people and startups can create
their own blockchain clone of Ark
simply with a few clicks
by interconnecting all kinds of blockchains
through smartbridges and implementing
the most widely used coding languages
Ark also wants to give people
and companies all the tools they need to
express any idea within the space of
cryptocurrencies and the upcoming
Internet of Things and that's why you
could call Ark also
the sandbox of blockchains
today's video is for all those who are
new to cryptocurrencies or just want to
have a quick sum up of Ark
however the other videos within this playlist
dig much deeper. check out "Ark for Experts" if
you want to have more information about
its technology and the features and
check out "Ark for Investors" if you want
to have behind the scene information
about the team, the vision, the roadmap
and competitor coints. This video today
will feature the following topics
1) What is Ark 2) Coin attributes of Ark
3) Where to buy Ark and how to install the
wallet
Ark is a cryptocurrency blockchain as
are Bitcoin and Ethereum, built as a
derivative from blockchains like LisK
Crypti and Bitshares. It's founded by the
core developer of Lisk and one of the
original creators of crypti. Arcs
use-case will come by several
technologies like smartbridges, the
implementation of a variety of coding
languages and Ark cloning. Smart Bridging
basically means if someone wants to have
for example bitcoins you can send your
Ark and it converts itself on the way to
the receiver. Ark language libraries
implement wildely used coding languages
as tools to interconnect crypto space
with your own project and the
World Wide Web
While smartbridging is their
approach to interconnect Blockchains
whether it's Ark startups or already
existing Blockchains, the coding libraries
will interconnect the languages that the
Internet and industries like gaming
mobile apps, online shopping and more is
based on. And a very important aspect is
that you will be able to clone Ark easily
with a few clicks so you can create your
own blockchain project and adjust it to
your needs without being a coding expert
these blockchains or sidechains will
also be instantly smartbridged to the Ark
mainchain. Yet there's a lot more to Ark
they are also working on an
interplanetary file system IPFS
something like Dropbox but
decentralized. Smartcards like credit cards
for crypto currencies and NFC devices
similar like Bluetooth payments from
mobile phone to mobile phone or paying
with your ring and also optional private
transactions. So all these kinds of
languages and interconnected blockchains
and the fact that everyone can
clone Ark easily and adjust their
needs, could bring cryptocurrencies
to a whole new level because it's not
more limited to a small group of people
but for everyone with useful ideas for
the upcoming Internet of Things. We will
have a deeper look at these technologies
in my video "Ark for Experts".
The coin supply is at a 125 million Ark
with approximately 7.85 million coins
forged each year
the inflation rate is quite low.
With 6.31 percent for the first year
5.93 percent for
the second year and 4.02
percent for the 10th year.
Ark currently has an eight second
block time which can be improved in the
future and has already been tested at
higher speeds on the testnet
when I did a transaction test from wallet
to wallet it took me about ten seconds
I also did a transaction test from wallet
to bittrex exchange and it took me about two
minutes because the Bittrex demands are
high ammount of confirmations
transaction fees by now are 0.1 Ark for each
transaction. If you want to vote someone
it costs one Ark. All fees can be
adjusted in the future if Ark becomes
more and more valuable. A dynamic fee
structure is being in the work. these
fees are paid to the delegates node who
is currently forging. Again check out our
experts for more information. Basically
forging is like mining in the Bitcoin
network or staking in the NXT network
it's basically validating and confirming
the transactions and therefore receiving
a reward of freshly produced Ark coins
the governance of Ark is an improved
version of the delegated proof of stake
consensus algorithm with 51 delegates
there are 51 people who are getting
voted by the community and run a server
node to forge all transactions it's
their cryptographic open-source book
holding system that's their way of
verifying and storing all the
transactions via forging as previously
mentioned and it's also the governance
system. Deciding as a community about
updates, upgrades, new technologies or
changes in the governance itself.
you can vote and unvote anyone who
offers him or herself as a delegate
if you as a new Ark holder vote a
delegate. You earn Ark without having
your wallet open. Unlike that's the
case in a proof of stake environment. how
much you earn depends on how much Ark for.
you hold and which delegate you vote
you can use our reward calculator to
get information about potential rewards
however small Ark holders should ask
within the community preferably on slack
or delegates directly, if and how much
Ark they would earn. Because until the
fees adjusted or there's an alternative
payment rhythm next to daily payouts
small Ark holders may have to wait a
longer timeframe to get rewarded.
Check out the market exchanges listed at
coinmarket.com/ark/markets
or visits the website
itself at www.ark.io and click on exchanges
to install the wallet simply visit the
website and click on download you can't
miss it when you install your wallet and
created your account make sure to write
down the 12-word passphrase. With this
you can enter your wallets account from
any internet ready computer in the world
here you can vote send and receive
transactions the same way as with any
other cryptocurrency. If Ark succeeds, it
could be used for nearly everything that
involves money and data transactions.
By the time you watch this video you should
convince yourself about its progress and
have a look at the road map on the
website or my Ark playlist. Don't forget
to connect to my social media and follow
this channel as I'm gonna go
through a lot more these
cryptocurrencies and if you liked this
video then share it with a friend
or on a crypto platform. Thanks for
watching
Không có nhận xét nào:
Đăng nhận xét