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Italy
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189 Review
984 Karma

Review on Ark by Fabrizio Zampieri

Revainrating 4 out of 5

ARK provides users, developers, and startups with innovative blockchain…

ARK provides users, developers, and startups with innovative blockchain technologies. Founders aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption.



Pros
  • ARK pays up to 10% dividends on coins when you stake them and vote for one of the 51 delegates. These dividends are paid out every few days (or sometimes daily) so you’re getting instant growth in your tokens. Transactions on the network average around 8 seconds, much faster than the Bitcoin transactions. The advantage of this algorithm is that it provides a fast, efficient, decentralised and flexible consensus finding. Coin holders can make decisions about the future course of action via a voting system, in a grassroots democratic sense. The Ark system, like many other block-chains, uses the system of Byzantine fault tolerance. This means that: - no computer on the network trusts the other computers; - no hacker in the world who does not know the system code can hack into the P2P network. This is because every computer in the network that spreads false information is excluded from the system.
Cons
  • The project is not very known and widespread. Marketing actions need to be improved.

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