Fuck me sideways this coin is so incredibly cheap. Gotta be dumb not to buy this dip. It used to cost 10€...

true redpill right there
we are unironically going to make it

I can buy about 8k of these right now. How many do I need to make it?

Who the fuck knows, honestly this is one of the harder coins to put a price on, but I have no doubt it will eventually hit a couple billion in MC, after that who knows

the less you have the higher the chance of you making it.

Not here for the tech. Here to make money and now. Time is money desu.

My estimate is that it will surpass ETH before 2022.

how much would i get monthly if i put 500 bucks in this thing from staking?

right now? about 3-4 $ a week?

Fuck off nigger

Checked. Price wise ark aint fun at the moment, but at least it wont become obsolete like the others.

holding this when polkadot and block collider enter the market is criminally stupid

No one uses it and no partnerships so why do you think it isn't going to keep dying?

that's just smartbridges. one aspect of ark
ark is a platform like eth. only substantially better because it can scale. mark my words, a substantial part of all future blockchain projects will be launched on this platform

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Idk maybe cause its not done.. if not one uses it once complete then you'd have a legit point.

DORFF

>eth can't scale
how ignorant can you be. your pic is very related
the only real selling point of ark is made entirely redundant by a decentralized oracle network that would not require other chains to change their code for compatibility, unlike with ark.

Other chains having to change their code? Go do your homework retard.

he's kinda right, for now eth has a serious scaling problem and sharding is at least 2 years away

>how ignorant can you be

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people have been saying this shit will moon for a year now. truth is you're desperate fucks who've been holding onto one of the worst performing alts of the past 6 months. your in denial if you think ark v2 will give you anything other than a 10% pump followed by a subsequent harder dump, just like everything else they've released. face it arktards, even though it appears like a solid project, this one just ain't a money maker.

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but what exactly does ARK do?

It's eth on steroids
Ark will serve as gas on their own network with ridiculously easy to set up blockchains, dapps, and smart contracts

It did moon though. When people first shilled ARK here it was $0.13 and only like

thats a giga-fucking moon...dont feel we'll see anything like it for anything for quite some time

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>Other chains having to change their code? Go do your homework retard.
Unless something changed in their plans after I actually did my homework 7 months ago then yes. It said so on their own home page.

Anyone still remember Jeanne d'ARK? Pic related

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that changed. a fair while ago. as a matter of fact you can already seamlessly swap to btc and eth using (for the time being) centralised nodes. spend ark, pay your eth bill.
and eth did not change its code

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Ark on Coinbase confirmed

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HOLY FUCK THOSE DOUBLE DUBS CONFIRM

IT'S HAPPENING

>as a matter of fact you can already seamlessly swap to btc and eth using (for the time being) centralised nodes.
probably a brainlet question but is there some way I can skip binance and just swap eth directly for ark?

my iron hodl coin, don't have a whole lot but I've been gripping it since last June

nope

>nope

I guess I have to go back...

to Binance.

the only coin that i will hold...i will short any other coin except this...because this coin is long term.....30 eoy....screencap!

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ARK or OMG?

One day you'll wake up and Ark will be 65k sats and the ensuring FOMO to 200k sats will be one for the ages! Right guys?

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the ark girl dumped on you pajeets and never came back

god im so happy i sold my stack a long time ago. i wonder if holders will go into panic mode if it drops below 20k sats.

Fuck it, I'm buying some (more) ARK right now. You're right. I've been following the development for a while now and it's pretty on point. They don't oversell or overhype it, point-click-blockchain has potential to replace Eth/Neo, pare that with smart bridge and ark and it will also do wonders.

I do have some complaints, the coin is far from perfect, but I believe in the ARK.

I take it back. I just tried 4 exchanges and looks like my bank blocked them all. Oh well, I guess I'm not increasing my stack lol

Back answering technical questions if anyone has any.

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Besides interoperability, what else is the ARK token used for? For example, do you need to own a certain amount of ARK to deploy a sidechain?

The coin has no interoperability besides ACES which is basically using a normal exchange(except the guy running the node is less reputable)

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isn't this like saying: "our token is useless, but we'll suck dicks and accept payment only in ARK. This should create demand and give it value".

any other lowish market cap coins you think are alright?

deluded arkies

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Projects built on Ark do nothing with the Ark token as they are 100% independent. Therefore "push button blockchains" will do fuck all for its valuation. Get out if you're still in the green because this shit is going down.

Why the fuck would any company bother with setting up its own chain + delegates if they can just use a Baas platform like Vechain? Dumb fucks.

No, but you need ARK to interact with the main chain. ARK is the "gas" of the ecosystem.

The only newish coin I'm holding is NIM.

is this guy right?

If you have no plans to interact with other other chains, yes. You don't need ARK.

ARK is closer to a stock for people who don't plan to use the interoperability feature. If ARK dies the sidechains don't have active development. None of the existing side chains have any real devs, they're all basically just clones run by brainlets.

This is true for 99% of all coins on the market.

Why would a side chain interact with the main chain? ArkVM isn't even meant to be on the main chain as per your discussion logs.

Persona just hired their own devs so that is just not correct. Since it's all open source anyway nobody really needs the Ark main dev team if they need another functionality.

Really loved you guys as delegates, but I'm done with the Ark token.

ArkVM has nothing to do with anything except running Solidity contracts on Ark. The magic is being able to add custom code into v2 consensus using the plugin system, which is more low level and cleaner than running shitty meme contracts. VM is not important except for "legacy" code written in Solidity.

Side chains may want to interact to pass information to other side chains. Just like ETH contracts interact with other ETH contracts.

Persona is fucking garbage, and are a prime example of shit devs.

See this trash? - github.com/PersonaIam/persona-mainnet/commit/248e08c5667950d210eba8ae2900282d3ea975ba

This was Chang's emergency test fix for Ark's mainnet issue last week. It was not meant to be merged into a mainnet branch. Persona stole the code and merged it without realizing what it does. This code breaks ALL bridgechain and local testing environments, rendering anyone trying to test on Persona's blockchain unable to use the software at all.

A proper patch was put out later, written by me and deployed to ARK mainnet, and I had to do a PR to Persona just to remind them to remove the hack they foolishly put in earlier.

Thanks for replying, Moon. My impression of the Ark project is that they are focused on the "how" and the "what", but never asked themselves "why".

Yeah, I already regret going into persona as a small side bet. I saw more focus on their use case but the execution is a fucking joke. Will sell as soon as I can.

I don't care for the interoperability memes. I want a clean crypto system that is easy to fork and manage custom consensus code to run custom applications, and I want it to be as decentralized as possible. Ark v2 ticks all those boxes like no other coin does, and after AIP11 it will do even more.

I respect that you're there for the tech. Do you see the Ark token as a good investment?

ARK is my second biggest hold after BTC. I'm treating it like a stock with really good dividends. I expect it to go up, but I won't worry if it takes a few more months, I don't expect to exit it any time soon.

Hello uncle Chang. What do you think of Blockport? Aren't Blockport and ARK in a partnership? How are they supporting each other?

Ark is run by the same scammers as skycoin

Go read the AMA with the scammer synth. All the ark devs are bumming it and we all know ark is manipulated. And then guess what it’s confirmed that skycoin is a ponzi vapourware scam

Don’t need to say any more if you have basic logic abilities

Being an adviser does not equal being a co-founder in a project, brainlet.

Read the ama
They bum it more than anyone and it was over a year ago

ARK was not involved with Skycoin in an official capacity. The ARK adviser Mike once gave them some advice and they put him on their team page or something without his knowledge. He's been asking to be removed for a while now. I verified this in person with the ARK team. They're unrelated.

I'm not Uncle Chang.

Blockport hasn't done anything yet.

Yes they are.

No idea, but Blockport used the ARK private room at consensus to give some presentations, so they're definitely working together in some official capacity.

checked

pow and pos blockchains will become available in the future. right now its dpos, wich ensures maximum decentralization atm.

all these copied blockchains, the thousands and tens of thousands are all private. yes. but if they would want access to exchanges or other crypto currency platforms or services it goes through ark.

Gathering ICO funds for deployed chains & other projects.

Network fees i.e Transacting, voting, unvoting, second password registration etc.

A currency, to be used on deployed chains, in Dapps & smart contracts.
Store of value; DPoS system encourages some holding - can be both a currency and a store of value spending the interest on your stack keeping the bulk untouched, staking.

yes, the ICO perspective should not be understimated. Its a major drive as well for the ark team to attract ICO's (and hence developers).

right now ICO's either follow ETH, but after crypto kitties people arent so sure. Stellar is one I believe is getting more ICO's lately, but ARK might just take this niche by storm once everything is ready.

fuck your erc20 heres a blockchain.

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completely forgot about ICOs. This is big actually. The more popular the platform is, the more ICOs it will attract that will raise money in ARK.

and it will be so ez to start your ico on ARK all the scams will run to it and market the shit out of ark

"The thing I think everyone needs to remember is that the sole purpose of the ARK Core layer was to create a bare bones light weight payment network that did not have full smart contract support (to eliminate security and bloating/congestion issues) but would be able to transact in and out to pegged bridgechains by utilizing a combination of SmartBridge (and atomic swap style tx's) as well as ACES.

Every bridged chain that our team builds, so if we build an ark bridge chain for token issuance for ICO's, our IPFS storage chain, our ARKVM full smart contract chain, will all most likely (it is the plan right now) feature pegged tokens. Meaning using SmartBridge, you send one token to the bridged chain, you get one token out on the other chain.

The key is that you won't ever have to do that process or even theoretically know it is happening once we get to the later stages of our roadmap.

If you want to issue a smart contract on Ethereum using ACES, you simply send ARK. If you want to store something on our IPFS chain, you power up your capacity with ARK and then upload your docs, and our system can do the conversions automatically using SmartBridge, ACES, or partnered exchanges like Blockport for liquidity.

So essentially ARK becomes a core currency for the entire ecosystem.

Will every bridged chain that is built on ARK feature pegged chains? Probably not. But the key is that they have that option right out of the box. Assuming they don't alter the code to somehow avoid it, our ecosystem developers & community could build the capability to transact between that bridged chain without their devs having to do anything as long as the liquidity exists.

So ARK is a lean, fast payment layer, that can then be seamlessly converted on the fly to whatever token is needed for the chain you want to interact with.

It's the entire reason for building bridges. To eliminate the need for users to hold 1,000 different tokens to do what they want to do in the decentralized economy."

Is there a consensus on whether V2 is actually good? I imagine that devnet has plenty of problems to iron out, but does it seem like it could one day run the ARK ecosystem without any catastrophic issues?

I'm waiting to continue my audit, but so far it is a full rewrite of v1 with most AIP11 support already written in as well. It is definitely worth the hype from what I can tell, but I will wait to give further thoughts because I have not been able to test much since devnet is still fucked from unstable nodes.

Why are there unstable nodes? Why is V1 fooked?

Give me your cum, Bull

Devnet nodes have to be ran, but there is limited incentive to do this atm so it takes time to get it going properly. At least this is what i got.