Ark is cryptocurrency designed to connect all blockchains of every cryptocurrency in the world. Ark utilizes a modified version of the Delegated-Proof-of-Stake (DPoS) consensus mechanism with 51 delegates running the Ark network that are rewarded with block rewards every 8 seconds. The Ark platform also uses its own SmartBridge technology to off-load functions that are not essential to the Ark platform to hundreds of side blockchains, enabling the Ark blockchain to stay operating efficiently. The company offers Ark desktop cryptocurrency wallets for Windows, Mac OS, and Linux, and also offers ARK mobile device wallets for Android and IOS.
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- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- Delegated proof of stake (DPOS)Delegated proof of stake (DPOS) is a method of providing security to a crypto-currency network through the approval voting of delegates.