Buy Ark

Ark is a platform that aims to simplify blockchain development and make it accessible to a broad audience. Traditionally, building blockchains is a complex process that requires specific knowledge and skills. Ark solves this with a modular approach, allowing both developers and non-developers to easily set up and customize their own blockchain.

Users can quickly launch their own blockchain without any programming knowledge via the easy-to-use ARKLauncher tool. This graphical wizard guides them step-by-step through setting their network parameters, such as block production times, transactions per block, and validator rewards.

At the heart of Ark’s ecosystem is ARK Core is a flexible framework built on TypeScript. ARK Core provides a foundation for managing peer-to-peer operations, database management, and API access. A key component is the Generic Transaction Interface (GTI), which allows developers to create custom transaction types to suit their needs without having to learn a new programming language.

The ARK token is the native cryptocurrency of the platform and plays a key role as it is used for transactions, asset transfers, staking, and cross-chain transfers. ARK token holders can also vote for delegates who are responsible for validating blocks and maintaining the network.

Who founded Ark?

Ark was founded in 2016 by François-Xavier Thoorens and Lars Rensing. They raised $800,000 with a successful Token Exchange Campaign, then developing Ark with a team of professionals. The project is now managed by ARK ECOSYSTEM SCIC, also known as ARK.io.

Ark offers various applications and functions:

• Blockchain development: Ark makes it easy to create and customize your own blockchains, for both beginners and advanced users.
• Transparency and monitoring: ARKScan allows users to track network transactions, delegate activities, and voting results.
• Crypto storage and management: ARKVault provides a secure way to manage ARK tokens, including integration with hardware wallets.
• Staking and governance: ARK token holders can vote for delegates and participate in decision-making.

ARK works with a combination of modular components and a robust consensus model. Users who want to set up a blockchain start with ARKLauncher.

ARK Launcher and ARK Core

ARKLauncher is a graphical wizard that guides users through the process of setting up a blockchain. Without any programming knowledge, ARKLauncher allows users to easily set key blockchain parameters, such as block time, number of transactions per block, and validator rewards.

After the initial setup, ARK Core provides the ability to further refine and customize the blockchain. It offers a comprehensive set of tools for network management, peer-to-peer communication, and API access. The Generic Transaction Interface (GTI) within ARK Core allows developers to create specific transaction types that fit their unique situation. GTI is a familiar language to many developers, making the creation of transaction types as accessible as possible.

Mainsail and Delegated Proof-of-Stake (DPoS)

The blockchain now runs on the latest version of ARK Core, known as Mainsail. This version introduces advanced security mechanisms that significantly improve the security and reliability of the network. The Mainsail consensus model, similar to Tendermint, provides improved transaction finality, eliminates dangerous rollbacks, and improves fork recovery mechanisms.

Mainsail uses a Delegated Proof-of-Stake (DPoS) system. In this system, 51 delegate validators are responsible for validating blocks and maintaining the network. ARK token holders can vote on these delegates, with 1 ARK token equaling 1 vote. This model creates a decentralized and democratic structure within the network.

ARKScan and ARKVault

After launching the blockchain, users can monitor network activity and performance using ARKScan, a block explorer that provides full visibility into all transactions and activities on the blockchain. With ARKScan, users can easily track delegate performance, view voting results, and identify the largest token holders.

ARKVault offers a secure and user-friendly solution for managing ARK tokens. Available for both desktop and smartphone, this wallet supports basic functionality such as sending and receiving tokens, as well as advanced features such as voting on governance proposals and participating in staking. Additionally, ARKVault offers integration with hardware wallets such as Ledger.

The ARK token is the Ark ecosystem's cryptocurrency and has several important functions within the network. First, the ARK token is used to pay for transactions on the ARK platform and on ARK-based blockchains. Additionally, ARK is essential for staking. Users can stake their ARK tokens to vote for delegate validators and thus participate in the governance of the network. ARK is also used for asset transfers within the ecosystem and supports cross-chain transfers, which promotes interoperability between different blockchains.

There is no set maximum supply for the ARK token, meaning that new tokens can be created over time as a reward for validators. During the pre-launch and launch phases, 125 million tokens were issued. Of these, 75% went to ICO investors, 15% to founders, and the rest to various funds and rewards programs.

The Delegated Proof-of-Stake (DPoS) consensus mechanism allows you to stake your ARK tokens to vote for delegate validators, who are responsible for validating transactions and maintaining the network. You can stake ARK using the ARK Desktop Wallet or the ARK Mobile Wallet.

Each ARK token is equal to one vote. You can assign your vote to any delegate you want, and you can change your vote at any time, without having to trade your ARK tokens. Delegates receive rewards for validating blocks. Some delegates share these rewards with their voters, providing an additional incentive to participate in ARK staking.

Ark stands out for its innovative approach to blockchain development. The platform offers the following unique features:

• User-friendly blockchain development: Thanks to the modular framework and ARKLauncher, a simple GUI wizard, both beginners and advanced users can develop and launch a fully working blockchain in under an hour.
• First platform for non-developers: Ark is the first platform where users without blockchain or software development knowledge can build and launch their own blockchain.
• Interoperability: Ark supports cross-chain transfers and communication between different blockchains, enabling seamless asset and data exchange.
• DPoS consensus mechanism: Using Delegated Proof-of-Stake as the consensus mechanism creates a decentralized and democratic network, with 51 delegate validators elected by the community.

Ark (ARK) and NULS (NULS) are both projects that make blockchain development easier and more accessible through a modular approach. Both allow developers to create custom blockchains and support interoperability between different networks.

The main differences lie in their technical approach and features. Ark offers a direct, user-friendly way to deploy blockchains with ARKLauncher and ARK Core, using the Delegated Proof-of-Stake (DPoS) consensus mechanism. NULS offers a microservices infrastructure with a Proof-of-Credit (PoC) consensus mechanism, increasing flexibility and scalability. Additionally, NULS supports a built-in smart contract virtual machine (NVM) for building decentralized applications (dApps). Both platforms use their native tokens, ARK and NULS, for transactions, staking, and governance, but NULS places extra emphasis on adaptability through its modular architecture.

Ark (ARK) can be bought at Bitvavo. Our platform is suitable for both novice and experienced traders. Follow these steps to buy ARK tokens via our website and app:

1. Log in to your Bitvavo account or create a new account.
2. Add funds to your account by clicking "Deposit".
3. Go to the Ark (ARK) purchase page.
4. Enter the amount in euros you want to spend or the number of ARK Coins you want to buy, and click "Buy".

The current price determines how expensive the ARK tokens are. After purchase, your ARK tokens will be automatically deposited into your Bitvavo account, where you can easily manage and sell them. This allows you to quickly respond to market and price changes.

ARK tokens are stored securely within your Bitvavo account, with the majority of assets kept in cold storage offline for maximum security. Enabling two-factor authentication (2FA) is highly recommended as an additional security measure.

For those who prefer to manage their ARK coins themselves, the tokens can be stored in most modern software and hardware wallets. After purchase, you can easily transfer your ARK to an external wallet by linking your wallet address to your Bitvavo account, giving you full control over your cryptocurrency.