Mt_Traditional
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October 22, 2017, 10:34:20 PM |
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Hi Bold Ninja, I have a question. Well i know that ARK is great and i invested in the ICO, but i need to know what's the difference between ARK and Polkadot? Difference? Ark is already running, Polkadot not yet. Hi Bold Ninja, Thanks for answering my question. So, this means that Polkadot is imitating ARK's idea/Copying ARK? We'll, if they're copying ARK, clearly ARK is the champion!
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benthach
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Merit: 1000
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October 23, 2017, 02:24:05 AM Last edit: October 23, 2017, 06:09:05 AM by benthach |
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Hi Bold Ninja, I have a question. Well i know that ARK is great and i invested in the ICO, but i need to know what's the difference between ARK and Polkadot? Difference? Ark is already running, Polkadot not yet. Hi Bold Ninja, Thanks for answering my question. So, this means that Polkadot is imitating ARK's idea/Copying ARK? We'll, if they're copying ARK, clearly ARK is the champion! gav wood polkaldot is a serial scammer, he's probably wouldn't mind to call another name as copycat and polkamondot crap is still years away to copy/paste from Ark then releasing. gav wood and vetnlick butterin copy/design Nick szabo smart contracts idea/concept and make millions, gav wood is now moving on to creating another scam(pokemondot) and abandoning eth at this point, clogging, no solid working wallet, unseen fuckup POS, endless bugs, endless forks... and the scam exchange polioniex who single-handed pump eth to be worth billions is now dying.
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reddit btcwriter1 - twitter kingpininvestor
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mr.Grizli
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Activity: 9
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October 23, 2017, 06:56:44 AM |
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BoldNinja
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October 23, 2017, 03:00:48 PM |
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AMA with Flixxo starts in 1 hour (9am PT) in ARK's Slack! Join ARK's Slack to participate: https://ark.io/slack
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bek77
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Activity: 112
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October 23, 2017, 04:20:52 PM |
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I do not understand why the price continues to be always negative
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bek77
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October 23, 2017, 04:23:19 PM |
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How works pos?
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BoldNinja
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October 23, 2017, 05:01:55 PM |
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AMA with MercuryProtocol - Tuesday, 24th of October 2017 at 12 pm PT in ARK Slack! Join ARK's Slack to participate: https://ark.io/slack
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EleanorZ
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October 23, 2017, 08:29:50 PM |
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I do not understand why the price continues to be always negative
a) Because of the upcoming Bitcoin fork and the overall movement of $$ away from alts until that happens; and b) because crypto has almost no attention span and Ark is a 'slow and steady' sort of project. Look at it over a longer time-frame, though, and you'll see that Ark has been developing nicely. Take advantage of the lower prices, don't micro-manage, and enjoy the results over the long run. How works pos?
I am going to recycle a previous post of mine to answer this: 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
...of course, if your question was more general, as in, how does Proof-of-Stake work, as opposed to how does Ark's system work, then something like the Wikipedia entry may be more useful for you: https://en.wikipedia.org/wiki/Proof-of-stake
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bikerleszno
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October 24, 2017, 01:40:18 AM |
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BOOM ! Price growing up
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codemanX
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October 24, 2017, 06:02:24 AM |
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BOOM ! Price growing up Yes, nice to see it's rising, it was undevalued before. What do you guys expect now, will it keep rising again or is this just a small wave and the real giant wave is coming after the November Fork from Bitcoin?
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BoldNinja
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October 24, 2017, 08:05:58 AM Last edit: October 24, 2017, 09:45:32 AM by BoldNinja |
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Zeehenk
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October 24, 2017, 08:29:59 AM |
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invictu$
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October 24, 2017, 10:31:29 AM |
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BOOM ! Price growing up Yes, nice to see it's rising, it was undevalued before. What do you guys expect now, will it keep rising again or is this just a small wave and the real giant wave is coming after the November Fork from Bitcoin? I think November's hard fork is the last chance to buy a cheap ARK
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invictu$
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Activity: 86
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October 24, 2017, 10:33:34 AM |
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in the mobile version of the purse will be the opportunity to vote for delegates? What do you think?
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idahosk
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ARNA | TokenSale - December 15th
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October 24, 2017, 11:53:06 AM |
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Nice move up 20% today. Watching this Project closely, full potential ARK is still on the way.
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BoldNinja
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October 24, 2017, 02:48:36 PM |
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in the mobile version of the purse will be the opportunity to vote for delegates? What do you think?
Yes.
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invictu$
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October 24, 2017, 04:48:16 PM |
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BoldNinja
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October 24, 2017, 05:58:51 PM |
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AMA with MercuryProtocol starts in 1 hour in ARK Slack! Join ARK's Slack to participate: https://ark.io/slack
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mazou
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October 25, 2017, 08:15:14 AM |
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ARK . Great technology.
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Blockhunter
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October 25, 2017, 10:45:02 AM |
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I found this recently. Great project so I boarded the ARK
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