Description: Ark is a cryptocurrency platform built on top an improved Delegated Proof of Stake (DPoS) system derived from Lisk, Crypti, and BitShares. It uses Smart Bridges to communicate with other (new and existing) blockchains to further increase its reach, providing a wider range of features in a single place.Ark plans to stimulate cryptocurrency mass adoption by offering multiple consumer tools like a card network, game tokens, anonymous transactions, multi-signature accounts, and others. Adding more features and tools along the way.
Proof type: DPoS
ARK is a cryptocurrency- and blockchain- based development platform allowing anyone to create their own fully customizable and interoperable blockchain. Reducing the industries need for Smart Contracts by using custom transactions, logic and multiple programming languages. ARK was founded in mid 2016, running an ICO later that year which raised $800K. Sound financial planning has allowed the team to become a well-funded entity since its inception. On March 21, 2017, the ARK Public Network went live, hosting the native ARK crypto asset. The ARK business entity formed shortly after, called ARK ECOSYSTEM SCIC. The business entity is commonly referred to as 'ARK.io' which is part of the teams branding as well as the teams website.