Wat. You don't have to pay to spin up an ark blockchain. Who's going to make you since you're the one hosting it?
Question for you arkies out there
Christopher Nelson
Jacob Lee
No, Skycoin is a platform.
Skywire is the network.
Fiber is Skycoin's cloneable blockchain where every project gets its own feeless blockchains.
Kevin Cruz
Wow... why would the devs degrade their coin to a utility token while it could be a very valueable commodity if they just charged 1 ARK for the creation process itself?
It boggles my mind, yet it explains why this coin has been performing so badly while having some of the most awesome tech behind it.
They are not monetizing that wich gives it its actual real world value... jesus fucking christ. This explains it all.
Austin Stewart
Ark's instrinsic Value:
>Network fees
>Currency
>Coin swaps & attributed fees
>Funding; ICO's & escrow type services
>Store of value, spending interest gained from DPoS rewards
>Unconfirmed; ArkVM gas payment
This is what needs to happen for ARK to become a $500 token eoy:
The ARK coins are required to create your own chains and generate ARKgas. Then they use ARKgas for all the other things such as network fees, coin swaps, etc.
Why are they not doing this? Again, why would they give something away for free that's literally worth millions?
Andrew Young
U need 0 ark to create and x Ark to send your scamcoin A to your friends Scamcoin B
Josiah Cox
Ranjid creates coin Absess for 0 Ark
Phil creates coin Aleggo for 0 Ark
Ranjid wants to send 5 Absess to Phil
He pay Ark for that.
Michael Peterson
so you're basically inviting trash projects and then choose to collect their generated scraps.
If they charge ARK for the creation itself, you'd invite actual quality and ARK would become the next ETH within 1 year.
I'm tempted to invest a sizable amount of money in this, but this basically is my major braking point. I just don't get why they would not monetize the very thing that gives ARK its real world value.
Point Click Blockchain. Oh btw... it's free. WTF.
Asher Young
How are you going to reinforce the fee, retard. Clicking "fork" cannot be hidden behind a paywall.
Bentley Kelly
Because they’re stuttering potheads. Seriously there’s something wrong with a project that combines the best of Eth and EOS and yet is ranked #70 by market cap. Maybe you’re onto the reason why.
Angel Smith
>so you're basically inviting trash projects and then choose to collect their generated scraps.
It's the better strategy. If a good coin is created on ARK, then everyone will use it. If everyone uses it, then it must undergo some trasactions and transfers. Skimming a little bit of off every transfer of one whale is a far better long term strategy than getting 1 flat fee up front for every token created. One requires infinite production and expansion. The other requires a single success to maintain viability.