EleanorZ
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October 10, 2017, 12:01:37 AM |
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well, i voted when i have 2 ark in my wallet. after that, i sent 200 ark to my wallet. is it enough ? You can calculate your rewards here: http://calculator.reconnico.com/So...0.05 +/- Ark/day, depending on the delegate you voted for. Might as well buy a few more while prices are down a bit
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chikiuso
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October 10, 2017, 12:13:46 AM |
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What is the tech behind ARK so you had a strong and profitable ICO return?
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Johnny00
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October 10, 2017, 02:22:07 AM |
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Cool. Just need to download this and it will use your old wallet details?
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GaleRecoN
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October 10, 2017, 02:49:24 AM |
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I've downloaded the new wallet but a few seconds after I open it everything freezes, can't click on anything except the menu buttons (Application/Edit). Any idea why?
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vickigoh
Member
Offline
Activity: 151
Merit: 10
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October 10, 2017, 03:53:49 AM |
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Hi,
I am new and may i know is Ark a proof of stake coin too??
hope someone can share more info thanks.
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Totscha
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October 10, 2017, 07:03:21 AM |
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Hi,
I am new and may i know is Ark a proof of stake coin too??
hope someone can share more info thanks.
Sort of. It is a delegated proof of stake coin. There are delegates that perform the block generation and are voted for with Ark wallets. The 51 with most votes are active and can confirm blocks and forge new Ark as a reward. You get a % of Ark made by the delegate you voted for. So it's even better for the average person. You make a vote and close the app.
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wavespump
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October 10, 2017, 07:05:45 AM |
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According to the source, ARK is one of the most profitable project out there. Like lisk.
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szafa
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October 10, 2017, 07:10:34 AM |
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Which delegate are you vote?
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shinep
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October 10, 2017, 07:11:55 AM |
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ARK is slowly starting to recover now.Its still a very good price to get in for the newcomers.
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shinep
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October 10, 2017, 07:14:07 AM |
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vickigoh
Member
Offline
Activity: 151
Merit: 10
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October 10, 2017, 02:29:59 PM |
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so ark basically just do voting only and earn Ark coins??
How it earns?? Ark seem so different from other POS coins...
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endchat
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October 10, 2017, 04:41:13 PM |
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anyone having issue with new wallet showing a different balance on the main page/tab versus the transaction page/tab?
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EleanorZ
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October 11, 2017, 06:51:09 AM |
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so ark basically just do voting only and earn Ark coins??
How it earns?? Ark seem so different from other POS coins...
Delegated Proof of Stake (DPoS) isn't really that weird--it just seems confusing at first. Ark is also not the only asset that uses it; BitShares and Shift are two others. The point is that instead of everyone staking their own Ark, they instead add the 'weight' of their Ark together into pools that are run by specific 'delegates'. Only delegates can create new blocks on the network, and they are rewarded for this service. As an Ark holder, you use your Ark to vote for a delegate of your choice. Anyone can attempt to become a delegate, but of course you, as an Ark holder, will vote for a delegate that offers more benefits than the others. Mostly, these benefits take the form of redistributed rewards; i.e., the delegate promises to return X% of their rewards back to voters. But there are other considerations: maybe a delegate also proposes to use some % of their rewards for advertising that will benefit Ark, or maybe they propose to use some % to build and maintain a super-awesome server that will improve the network. So, rewards are the main reason people vote for one delegate over another, but they are not the only reason. Only the 51 delegates with the most votes at any given time receive rewards. As soon as they fall out of the top 51, they receive nothing--and of course the people voting for them receive nothing also. So there is an incentive for delegates to always improve their service to the network in order to stay in favour with voters. Think of it this way: instead of paying for a computer and electricity (and your time) to stake your own coins in your own wallet, you are contributing the weight of your Ark by voting for a delegate, and paying them a small fee, to do it for you. The democratic nature of the system means that only reliable, trustworthy delegates will remain in the top 51, ensuring network health. The system is also more favourable to small holders, for whom the cost/benefit of staking might otherwise be prohibitive. If you want more detailed info, check out: https://steemit.com/dpos/@dantheman/dpos-consensus-algorithm-this-missing-white-paper
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AltScope
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October 11, 2017, 09:39:02 PM |
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so ark basically just do voting only and earn Ark coins??
How it earns?? Ark seem so different from other POS coins...
Delegated Proof of Stake (DPoS) isn't really that weird--it just seems confusing at first. Ark is also not the only asset that uses it; BitShares and Shift are two others. The point is that instead of everyone staking their own Ark, they instead add the 'weight' of their Ark together into pools that are run by specific 'delegates'. Only delegates can create new blocks on the network, and they are rewarded for this service. As an Ark holder, you use your Ark to vote for a delegate of your choice. Anyone can attempt to become a delegate, but of course you, as an Ark holder, will vote for a delegate that offers more benefits than the others. Mostly, these benefits take the form of redistributed rewards; i.e., the delegate promises to return X% of their rewards back to voters. But there are other considerations: maybe a delegate also proposes to use some % of their rewards for advertising that will benefit Ark, or maybe they propose to use some % to build and maintain a super-awesome server that will improve the network. So, rewards are the main reason people vote for one delegate over another, but they are not the only reason. Only the 51 delegates with the most votes at any given time receive rewards. As soon as they fall out of the top 51, they receive nothing--and of course the people voting for them receive nothing also. So there is an incentive for delegates to always improve their service to the network in order to stay in favour with voters. Think of it this way: instead of paying for a computer and electricity (and your time) to stake your own coins in your own wallet, you are contributing the weight of your Ark by voting for a delegate, and paying them a small fee, to do it for you. The democratic nature of the system means that only reliable, trustworthy delegates will remain in the top 51, ensuring network health. The system is also more favourable to small holders, for whom the cost/benefit of staking might otherwise be prohibitive. If you want more detailed info, check out: https://steemit.com/dpos/@dantheman/dpos-consensus-algorithm-this-missing-white-paper
thanks for this, its something I to have been wondering. I'm just to lazy when I'm not busy to look it up
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Chiraag001
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October 12, 2017, 02:06:15 AM |
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I just want to say I bought into Ark at $0.53. I never follow the project that closely (i have them on twitter) and never hear much from the team but its been my best performer. I think the team are head down working very hard for their investors and have provided some very good returns for early investors and great returns for the earliest investors. Just want to say I appreciate it all. I wonder where we will be at in a years time? Maybe 10,15,20USD? Noone knows but hey thats the beauty of it
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BoldNinja
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October 12, 2017, 08:05:41 AM |
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Another milestone - over 5,000 followers and over 5,000 likes of ARK Facebook page! You are all amazing - thank you for your support! If you haven't yet follow and like: https://www.facebook.com/ArkEcosystem/
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