What does ARK actually do...

Mo money, mo bitches.

Maybe it can't be achieved by the meme team behind it.

They have a ton of money in funding, and have been hiring a couple of new full-time devs lately. Not to mention a highly active community that helps them out

Any explanation as to its recent crashing?

Just natural market rises and falls, especially in something as volatile as crypto

Nothing, the crypto bubble will have popped before this project is worth anything so a waste of time holding

WTF i love being deluded now

It's the coin that will replace BTC

Just download the fucking wallet and see how easy it is. No need to download the blockchain to use a proper 1st party wallet and be 100% secure. Means loads of applications can be made easily.

New coins are distributed amongst users

Miners can be voted out if they fuck around, unlike bitcoin where the whole network is held to ransom

Transactions take 8 seconds and scalable

The coin is going to have its own fucking smart card for payments. Where you are going to hold the money in YOUR wallet, and use a card to pay with it. All these scams like TENX just hold your money in their account

And then theres all the smart bridging shit and push button blockchains which are going to fuck ERC20 tokens in the arse

If anyone on biz still doesn't have a bag then you are fucking deluded. The faggots in the biz delegate keep coming here and posting meme FUD pastas so they can buy more. Go lurk in the discord and see how they design new pastas every day for more FUD.

lol wtf ARK is 90% of my portfolio and I just learned this now. This sounds legit

now im extra deluded

I read this guy's post and immediately said to myself, i'm going to sit right down and tell this motherfcker exactly how i stake my motherfcking ARK.
i roll a gigantic fcking batch from the faucet every fcking day. When im done i have an enormous glass of BitCuck tears and at this point i generally take the first few feet of my cock out of my pants and fap because the sight is beautiful
every morning i take a goodly portion of my bitconnect stack of glory and I tip the 12/10 sideways pussy escorts while they GTFO my penthouse.
i've now got a wallet full of hot ARK and an infallibly rigid dick but i am not done motherfcker and it is not yet time to forge
i reach around behind me and grab my fckin .45ACP from the cupboard point the fckin laser sight at the CAPTCHA bullshit, it fckin solves itself in fear.
At this point i collapse onto the floor and fck a new hole into the hardwood of my kitchen because i just can't fcking stand my gorgeous mobile wallet, then i stand up and i fck that fcking blockchain, the whole fcking thing including the fckin genesis block itself, without any fckin lube and then i go throw myself at the sex doll i have dressed up like the quaker oats guy and i literally fck it until my neighbors call the cops.

Smart-bridge Technology will allow any and all blockchains to interact with one another. Imagine lightning network or plasma, but universal.

It is a Delegated Proof of Stake (dPoS) coin. Rather than just a normal PoS coin, there are pools of Ark holders and there is a delegate from each pool that does something to contribute to the Ark network. Think bounty, coding, creating a game for people to play, or anything else that generates traffic to Ark or helps with the infrastructure.

Download the desktop wallet and just look and feel how sex it is. Then vote for biz_classic as your delegate.

The biz_classic group is one of the top pools and we have our own Faucet, which can be visited here: classicdelegate.biz/faucet

You roll and you win fractions of an Ark. You should know what a faucet is if you know crypto.

Also, the lead behind the project is a literal rocket scientist.

I don't get staking or the delegate thing. Can you explain it in a way that doesn't require 4 pages of reading?

What is it with you guys? Day in and day out, constantly posting about ARK in these not so creative ways.
You mean to say BIZ CLASSIC, am'i'right?

You vote for your miner
You get a share of the new coins in proportion to the number of Ark you have

If you miner fucks around you vote for someone else and if he loses enough votes he can’t mine anymore

>Put your ark in the desktop wallet.
>Vote for biz_classic

Read the biz_classic blog: medium.com/@biz_classic

Read the FAQ:
classicdelegate.biz/faq

So the reason you get free coins for nothing is a reward for managing the mining community?

Hey user, do you like ARK? It definitely gave me some hesitation early on and a lot of people think that ARK is overly ambitious, but when compared to earlier Crypto projects like Bitcoin and ETH, I think ARK's really come into their own, commercially and development-wise. The whole project has a clear, sound direction and gives a new sheen of consummate professionalism to blockchain space that really gives the coin a big boost! ARK's been compared to Lisk, since the lead dev has worked on both projects, but I think ARK has a far more solid development team. In August, ARK released ACES, the first proof of concept for their smart bridge. But I think their most important masterpiece will be push-button deployable chains and ArkVM. A development release so hyped, most people probably don't understand the implication. But they should, because it's not just about the ability to create SmartContracts on the chain. It's also going to be the harbinger of the blockchain based Web 4.0. Hey ChainLink! Try solving the oracle problem now, you fuckin' shitty shitcoin.

Ark Virtual Machine, what for?

>fck
This kills the pasta. Write fuck like a man.

>Where you are going to hold the money in YOUR wallet, and use a card to pay with it. All these scams like TENX just hold your money in their account

I like that the Ark team has said that they're not going to "partner with Visa" or some bullshit. They're straight up going to manufacture their own cards.

Trustless swaps. You can swap between any two cryptos without needing a fork on that chain.

Ark is the mothership for liberation

This.

I put a small portion of my gains into my Ark wallet once a month. Compared to most of the other projects floating around, Ark is lightyears ahead. Reasonable speed. Great marketing. Excellent PR.

It moons every couple of months and then has a soft slow downtrend that you can day trade to accumulate more.

When the mobile App is released here soon, expect that moon. And then when they finalize their own card, I will likely move most of my capital into Ark and stake it all and use it as my "bank".

Imagine if your checking account accrued interest.

And why should I pick one delegate over another? Assuming both are morally good why pick biz_classic over Jarunik who I also see shilled sometimes, does it even matter?

Jarunik isn't shilled here, that was a false flag by someone here, probably the known retard heem. Jarunik knows not to step on our turf.

biz_classic isn't the highest paying delegate, but we're the only delegate with guaranteed returns, the most competent dev team, and we're the only delegate that has NEVER dropped out of the top 51, which means you can stake and know for sure you won't lose the free income tomorrow.

Jarunik pays 80%
Biz pays 90% and has a faucet for more free ark

Also we have a faucet and nobody else does.

I’m also planning on using Ark as my bank next year

This is the sign of how good this coin is. People are actually going to use this shit instead of having it sit in a 3rd party wallet and type HODL until it gets ‘hacked’ and stolen by the wallet programmer

You should pick jarunik so you don't dilute my stake any further. It's not like you can get the magnet survivor badge. I mean why even live at that point?

I see, well, it doesn't sound like it'd lose me anything. Is there some kind of list of these delegate rankings so I can confirm you're not bullshitting about the never dropped thing?

>You should pick jarunik so you don't dilute my stake any further.
Dilute?

Delude me more daddy.

Nope, there's no historical data for delegates dropping out of the Top 51. But we've been around since June, and nearly every Veeky Forums user is a biz_classic voter.

Lol if biz_classic ever dropped out you would've heard about it by now from the mass chimpout by almost 1700 voters

It seems like a pretty safe bet so I'll probably go ahead and do it, any explanation as to why Jarunik has a lot more Ark/votes on the report right now? Doesn't seem like he'd ever drop.

Why should I vote for biz_classic over del?

His returns are way higher, I dont see the benefit

Search ‘ark node vote report’ in google
Almost 60% are being used to vote and it’s rising each month

The autist buterin said it would never get more than like 10%

Look at his voter distribution. All he needs is for one whale to leave for him to drop out. It's not about the number of voters but the amount of ark the voters have. Biz has more many small wallets which means more people would have to coordinate and leave to drop the delegate out.

Del also has this issue. He's even worse and is relying on one whale with over 500k ark.

He's dropped out multiple times, he subsidizes smaller wallets with bigger wallets to pay fees, and he pays less overall. There is literally no reason to vote for him, he's a horrible choice and every redditard defaults to him because he owns the ARK sub and brainlets can't bother doing research.

Guarantee that we won't drop out of forging tomorrow, and if you're autistic you can use the faucet and get triple the rewards compared to non-voters. If you are willing to take the risk then go for it.

>The autist buterin said it would never get more than like 10%

He said that about Ark?

He's wrong about most things so I'm not surprised

Alright, gonna move some money into it soon. Probably not much, maybe $500-1000.

lol when the crytpo bubble pops this will be pointed to as the pets.com. ya so lyke you vote for delegatz in tha ark and they lazer beam tha gainz into your bank account via push button smart contracts because blockchain!!

dude i am in fucking tears. this pasta is amazing. literally killed me

basically yes

the idea is that the payout for voting provides incentive for investors to hold delegates accountable and participate democratically on the way the network functions. It's kind of like an election. The delegate's job is to provide a stable and productive investment and development network to their constituents. And the system enforces the elective power stakeholders over the delegates.

Is it just me or does the wallet for this not have a password option? As in once you generate the wallet it's immediately usable every time the application is opened with no way to encrypt or secure it.

You would have to be pretty smart to make a bridge that you can put between a blockchain - oh wait. Is the answer you would have to be dumb?

Ark employees blockchain blockchain technology and it would be really smart if other blockchains add code to let ark find tasks.

Ark is a cuck coin that looks for stuff it can do for other coins if they want to play in the ark ecosystem. Ark holders think blockchain developers are smart.

Im only scratching the surface here you idoit

You don’t need your password to open the wallet. But if you want to do anything like send Ark or vote etc it will ask you for it.

Oh. Do I need to store the address too? Or is the seed enough to recreate the entire wallet if I were to try?

> is the seed enough to recreate the entire wallet if I were to try?
Exactly

Nevermind, tested it myself and it seems to work fine.
It's probably fine but this feels shakey in security coming from using monero-wallet-cli

10/10

having trouble figuring this out as well.

I guess you're fucked if somebody has the password to your computer, unless you put the client launcher in an encrypted folder.

Yeah that's what I was thinking. Not a problem in my case (well shouldn't be), but as a general thing it feels needlessly unsafe compared to other wallets. Why not just have a password to open the wallet at all? It'd also be a lot easier to confirm withdrawals with my own password than the seed.

They would still need your 12 word passphrase to do anything with your Ark

No one can do anything other than look at your wallet without your password. Try to send some Ark now and it will prompt you for your password.

Fetching that seed every time you want to send Ark is gay though.

hey remember when ark had no real life use case and never will and was just an autistic nerd pipe dream where everyone earns "passive income" by "voting for delegates" lololololollllolololol fuckin dumb niggers

If you don't care why'd you post again after half an hour?

Gayer than entering it every time you just want to open the wallet? You’re kind of stupid huh

No, the 3rd option that every other wallet uses you dumb fuck. You allow the user to set a password which encrypts the wallet including its seed so they can use that to open and send instead.

But why are you so hung up about make believe security flaws when you’re only investing $500-$1000 user?

Because every other wallet I've used offers it and it's offputting. It's not going to stop me, especially since this could change in the future, I'm just saying it's pretty dumb that it's not an option.

the fact that a Veeky Forums account is in the top 50 on ark really doesn't make ark look good at all

Ark wallet doesn't have a password, right, just the seed phrase?

P sure I never made a password...

It can provide a user facing layer that allows for easy interfacing with the valuable solutions that hundreds of other blockchains provide. It's like all of these other coins are websites, and ark is the damn browser.

How much lisk do the Ark team still hold? They had like 115 million in USD to fund Ark a week ago, guess that has gone up with lisk mooning.

I think they sold a ton of it (~$40 million) at the top.

Which is good news, that will allow them to fund new things for Ark with.

Not only are we the best and most technically competent delegate in the ecosystem, but we're also on the Ark Community fund board (which is a total of 5 people).

You have a false assumption about Veeky Forums being only full of brainlets.

>we're also on the Ark Community fund board
>Moon Man
heh

I'm personally not, Chang is.

give the faucet more room for high rolls, I want to stop being poor

So use a hardware wallet fag

Alright, BTC finally cleared and I got some coin into the Ark wallet. I don't need to worry about voting ever again now right? I can just add more to my wallet when I feel like it and it'll do all the magic on its own.

I must say it was nice being able to do a transfer in such a short amount of time for a pretty cheap fee. I had to wait almost an hour for BTC to confirm and it cost a hell of a lot more.

there was a password, user I hope you remembered it

>The autist buterin said it would never get more than like 10%
he also said that there is nothing wrong with possession of cp

He said he had the seed phrase though, which basically is the password

LISK

I think it's also because the incentive to hold Ark and earn staking rewards keeps many investors out of the market. This leaves the coin with low trading volume, making it a prime target for manipulation (there were large sell walls suppressing the price on Bittrex for weeks).

The manipulation seems to be over now that Ark is on more than one exchange, but I still don't see any major price increases happening until another round of hype gets more people interested in the project. Maybe the formation of their business entity (98% complete) and their mobile wallet (also 98% complete) will be the catalysts it needs for another bull run.

Yepp, as long as you've voted for a delegate and they're in the top 51 then you're good.

Yeah, Ark has 8 second blocktimes and they're working on getting it down to 5. Voting and transaction fees will also be lowered to .01 Ark with the next core update as well.

There's a huge fucking sell wall right now lmao.

Hope you're right about the long term, but frankly, in the long term, committing

Hah! That looks like the same whale from before - now 121k Ark instead of 150k. I hope selling 30k this low was worth it.

Who can afford to put up a wall worth $350k like that?

Nah, the core update probably won't be for months.

It could just be an early investor trying to cash out. Not all rich people are good with money.

I have 50 left. I bought 200 at 2.80 and sold today at 3.30 to buy into NEO it dumped after that. I also sold all my ETC for NEO which kills me ETC has been reliable. Held my ETH though

>Transactions take 8 seconds and scalable
How are 8 second transactions scalable?

Transactions don’t take 8 seconds this terd is full of shit. They take 5 minutes to 2 minutes.

From my understanding it interlinks block chains. Somewhat like a currency exchange. But you need to always transfer it back to ark in order to exchange it to something else.

Every time I've sent ARK to my wallet from bittrex, it's there in seconds. He's right.

But I'm wondering how it's scalable.

List people, it's known...

Maybe for extra confirmations, but when I send Ark from Bittrex they're in my wallet by the time I type my passphrase.