ARKARK

Live ARK price updates and the latest ARK news.

price

What is ARK?

ARK is a blockchain-based development platform that enables anyone to create their own fully customizable and interoperable blockchain. It aims to reduce the industry's reliance on smart contracts by using custom transactions, logic, and multiple programming languages. ARK was founded in mid-2016 and raised $800,000 in a Token Exchange Campaign (TEC) later that year. The ARK Public Network went live on March 21, 2017, hosting the native ARK crypto asset, and the ARK business entity, ARK ECOSYSTEM SCIC, was formed shortly after.

What is ARK Trying to Solve?

ARK aims to simplify working with blockchain technology and developing solutions that cater to various use cases. The ARK Core Framework is designed to provide developers with easier access to blockchain technology. The framework consists of the ARK Core, handling peer-to-peer operations, ledger database management, API access, custom business logic, and more. The Generic Transaction Interface (GTI) within the ARK Core Framework allows developers to create custom transaction types that run on a customized blockchain and fulfill their desired use case, all using the TypeScript programming language.

How Do You Mine or Stake ARK?

ARK cannot be mined; it is forged by elected delegates that run the network using a custom-designed delegated proof-of-stake (DPoS) blockchain with 51 forging delegate slots and eight-second block times. Each forged block generates 2 ARK, which is sent to the validating/forging delegate as a reward. Delegates are elected by ARK token holders with a voting power of 1 ARK = 1 Vote.

To become a forging delegate, users can run instances of the ARK Core and campaign for forging status by gathering vote weight from token holders. Users can execute a special vote transaction using the ARK Desktop or ARK Mobile wallets to assign vote weight to a delegate. The staking rewards system is managed by the delegates themselves, with each delegate's reward system being unique. The ARK team does not run the ARK public network.

market data

Market Cap

$ 148.47M

-1.82 %

Market Cap Rank

#374

24H Volume

$ 4.60M

Circulating Supply

180,000,000

Newsletter

Blockworks Daily

Get the daily newsletter that helps thousands of investors understand the markets.

recent research

Research

Hyperliquid Deep Dive: The Future of Perp DEXs

It's increasingly apparent that orderbooks represent the most efficient model for perpetual trading, with the primary obstacle being that the most popular blockchains are ill-suited for hosting a fully onchain orderbook. Hyperliquid is a perpetual trading protocol built on its own L1 that aims to replicate the user experience of centralized exchanges while offering a fully onchain orderbook.

by Carolina

Research

Avail: A Unification of Crypto Infrastructure

Data publishing costs have historically been a bottleneck for rollups, and as more rollups launch, interoperability will continue to be a major challenge. Avail presents a potential solution to rollup fragmentation through its three products: Avail DA, Nexus, and Fusion, which together aim to unify the web3 experience.

by Ren Yu Kong

ARK Stats

What is the market cap of ARK?

The current market cap of ARK is $148.47M. A high market capitalization implies that the asset is highly valued by the market.

What is the current trading activity of ARK?

Currently, 4.60M of ARK were traded within 24 hours of time. In other words, 4.60M have changed hands within the past 24 hours through trading. That's a change of -1.82%.

What is the current price of ARK?

The price of 1 ARK currently costs $0.82.

How many ARK are there?

The current circulating supply of ARK is 180.43M. This is the total amount of ARK that is available.

What is the relative popularity of ARK?

ARK (ARK) currently ranks 374 among all known cryptocurrency assets. The popularity is based on relative market cap.