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Ark Public Network is a flexible platform focused on bringing blockchain to everyday users and enabling interoperability. Right now, getting started with blockchain often demands a high level of technical know-how for complicated workflows, which limits participation to a smaller group of people and developers. They then tend to build for a narrower range of real-world scenarios. ARK is designed to address this gap and support broad adoption and easier access to blockchain-especially for businesses. By combining blockchain technology with a straightforward stack and a beginner-friendly interface, the network aims to deliver a highly adaptable, customizable solution so that nearly any client can apply blockchain to their own specific needs.
Ark, the company behind the network, was established in mid-2016, and the ARK public network began in 2017. To support the ecosystem, the company introduced the ARK token (ARK), which can be used to buy a variety of ARK-based products and services.
To help teams create applications and explore new use cases, Ark created an ARK blockchain Framework. This framework includes the tools businesses need to construct their own modular, fully customizable blockchains. While building blockchains often requires proficiency in Solidity, Ark’s blockchain framework enables developers to create smart contracts using TypeScript.
The mainnet runs on a Delegated Proof of Stake (DPoS) consensus mechanism. Instead of miners, the system relies on delegates (block producers) to confirm transactions and create new blocks. At present, there are 51 delegates and blocks are produced every 8 seconds. For each forged block, 2 ARK tokens are issued as rewards to the delegates responsible for securing the network. Delegate selection happens via voting, and all ARK holders can vote-one ARK token gives one vote. To encourage participation, voters receive additional ARK tokens. Tokens used for voting are not locked and can be moved between voting wallets at any time; for example, a token holder can change their vote by reallocating tokens.
The ARK token is intended to function as a more affordable and quicker way to store and transfer value compared with other cryptocurrencies. The network is compatible with multiple chains, and ARK can transfer between different blockchain platforms through the ARK SmartBridge. Any blockchain created with the ARK Blockchain Framework automatically includes ARK HTLC SmartBridge Technology, supporting interoperability.
ARK is fully open source, so it is available to anyone worldwide. Network participation and contributions are rewarded with ARK tokens.
ARK can be purchased on the CEXs and DEXs listed here. It is available on several major exchanges, including Binance and OKX. The ARK price will differ by exchange, and it may also move with shifts in market interest. For more detailed ARK pricing data, check the price charts above.
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