So by voting for groups to forge ARK you get ARK? How does this work?
ARK Delegates
Luke Lee
Luke Hughes
So you can pretty much according to this I can make $20 a day by doing this. How is this possible?
Alexander Reyes
Heard of Proof of Stake? Yeah it's basically that.
I make ~20 ARK a week.
Kevin Thompson
51 top voted delegates runs the nodes, which makes new Arks. Depending on the delegate policies, those delegate may choose to share the rewards with people who voted for them.
You can buy like 2m Arks and run your own delegate to stake as well if you want to.
Angel Allen
Delegated proof of stake
You give people power to forge for you, the amount of power you give is determined by how much ARK you have, and your payout is proportional to how much you dedicate to the person you're voting for
Carter Thompson
Tyler Johnson
Any delegate recommendations?
Oliver Ramirez
Whats your stash? 10k?
Elijah Cruz
I voted dr10 because he's a good guy, brings value with his work overall.
Elijah Wilson
And I mean his video productions as well youtube.com
Jose Young
how can non delegated stake coins even compete
Adam Harris
How come biz_classic isn't on that?
Hudson Cook
biz_classic is bigger than all of them
imagine 5% of voters experiencing mad gains and putting some into ARK
Tyler Cooper
Where can I find the "Passphrase" to vote for him? Cheers
Bentley James
We're not doing a simple X% payout system like every other delegate.
We have a US "tax bracket" system so that people under a certain amount of Ark gets paid 100% while their next amount gets taxed 10%, so on and so forth.
This makes us the most minnow-friendly delegate since we have the most voters (645) out of everyone but only an average wallet size of 2000 ark.
Jace Gutierrez
...
Luke Clark
>Being this new on Veeky Forums
Have a (You)
James Gray
Hey Uncle,
Moonman back in yet??
Jayden Edwards
Nope.
Alexander Phillips
but why?
has he given up on ark?
Chase Flores
We're doing bounties, contributing code to the Ark community.
Blake Foster
what's in for you by doing this?
Adrian Williams
The stuff we're doing benefits the delegate. We're currently working on a true-block-weight payout system with rolling-average-balance to help combat whales. No other delegate has this. Everyone's just either doing a naive static % calculation or using Toons' fidelity estimates, which isn't perfect. If we can collect a bounty on this by open sourcing our work, even better.
Chase Robinson
Combat whales and pool hoppers*
But mostly pool hoppers. Whales adversely affect biz_classic the most because of the large amount of small voters we have.
John Young
sounds good, they should hire you to be part of their community support
ark really is make, believe