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Ark (ARK)

#42

ARK is a fast, decentralized, scalable, collaborative system that allows for bridging between blockchains. Transactions on the network average around 8 seconds.


Ark (ARK) Pros | 3

Another advantage of DPoS (Delegated Proof of Stake) is updates can be included quickly and in a coordinated fashion, minimizing disruption to the network. This greatly reduces the need for hard forks

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Ark is always listening for code execution on other blockchains via the SmartBridge system, allowing the execution of any instruction to any blockchain, provided it is connected to the system.

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In Delegated Proof of Stake, accounts vote for delegates to create the blocks, allowing faster blocktimes and avoiding centralization, where a few large miners and pools control the blockchain

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Ark (ARK) Cons | 2

Hard to find any concrete information. Lots of promises, but still very little to show.

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It's basically a long-play coin, it's likely not going to do anything in the next 1-2 years but it could become very important after that.

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