ARK
Current price
$0.1808
−2.16%24h
LiveUpdated 20s ago
TodayARK falls 2.2%, outpacing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour+0.44%
- 24 hours−2.16%
- 7 days−18.15%
- 30 days+24.31%
- 1 year−47.46%
ARK's move in context
Beating the market today
−2.16% today against −3.24% for the market as a whole, a gap of 1.1 points. Small gaps like this are common, so they don't point to anything specific.
Trend has turned
−18.2% over 7 days and +24.3% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About ARK
Overview
ARK is a versatile blockchain platform designed to facilitate the creation and integration of decentralized applications and custom blockchains. The core mission of ARK is to make blockchain technology accessible and adaptable for various use cases, by offering a modular and user-friendly platform. At its heart, ARK aims to foster an ecosystem where users, developers, and communities can benefit from a simplified blockchain experience. One of ARK's distinguishing features is its focus on interoperability and scalability, facilitating seamless communication between different blockchain networks. Additionally, ARK provides a suite of tools and SDKs that empower developers to launch custom blockchains tailored to specific needs, without the need for extensive blockchain expertise.
Technical Features
ARK employs a Delegated Proof of Stake (DPoS) consensus mechanism, which enhances the security and efficiency of the network while maintaining decentralization. In this system, ARK token holders elect a set of delegates to validate transactions and produce new blocks, ensuring a democratic governance model. This consensus mechanism significantly decreases the energy consumption compared to Proof of Work (PoW) systems and increases transaction speeds. ARK also stands out with its unique SmartBridge technology, enabling different blockchains to communicate with each other through the ARK ecosystem. This capability ensures ARK’s strength in interoperability, allowing cross-chain transfers and interactions without complex protocols. The platform’s security model is robust, incorporating advanced cryptographic algorithms to protect against threats and maintain data integrity across its distributed network.
Use Cases
ARK’s technology facilitates a wide range of use cases in the blockchain landscape. It plays a significant role in decentralized finance (DeFi), providing foundational tools for creating custom tokens and developing decentralized financial applications. ARK also supports governance applications via its DPoS system, allowing communities to engage in decision-making processes more efficiently. The platform's SmartBridge technology is instrumental in cross-border payments, offering users a seamless, fast, and secure way to transfer assets across different blockchain networks. Furthermore, ARK’s flexibility and modular architecture serve as a fertile ground for developing non-fungible tokens (NFTs) and smart contracts, broadening its utility in art, music, and digital identity sectors.
Development Background
ARK was founded in 2016 by François-Xavier Thoorens and a team of blockchain enthusiasts aiming to create a user-friendly ecosystem suited for widespread adoption. The project launched its initial coin offering (ICO) in 2017, gathering support from a global community. Significant contributors to its development include the ARK Ecosystem SCIC and ARK.io, which continue to play pivotal roles in steering the project's direction. Over the years, ARK has undergone several major updates, including protocol improvements and expansion of its core functionalities, such as the ARK Core v3 release, which underlined its commitment to ongoing innovation and development.
Community and Ecosystem
The ARK community is active and supportive, playing a crucial role in its development and growth. The ARK ecosystem comprises a range of projects and applications that leverage its blockchain solutions. Notable partnerships and collaborations have been established with various companies and organizations to expand its reach and effectiveness. The ARK Community Fund (ACF) and various developer initiatives further support its growth, incentivizing the creation of new applications and platforms. Moreover, ARK hosts events, hackathons, and developer meetups to engage with the broader blockchain community, contributing to a thriving and dynamic ecosystem.
Future Potential
The future potential of ARK is promising, driven by its technical prowess and adaptable platform. With an ongoing focus on enhancing interoperability, the platform is well-positioned for growth, particularly as demand for cross-chain capabilities increases. The development team’s roadmap includes expanding its DeFi tools, enhancing the SmartBridge technology, and integrating additional modules to accommodate emerging blockchain trends. These advancements forecast a significant impact on the blockchain space, furthering ARK’s position as a leader in accessibility and innovation. Its community-centric approach and continuous technological advancements ensure ARK remains pivotal in shaping the future of decentralized applications and blockchain infrastructure.
ARK market
- Position by market cap among the coins we track.
- #266
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $36.12M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.1714High $0.1850
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $10.22
- Now 2% of itReached 10 Jan 2018 · Needs +5,553% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 199.77M ARK
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
ARK converter
1 ARK = $0.1808
