Project Update: Ark (ARK) the All-in-One Blockchain Solutions. Should you invest?

by birtanpublished on September 13, 2020

Hello descriptive coins and welcome to another project update now in this one I'm looking at arc all-in-one blockchain solution today's 28th of August 2018 and let's see how arc is doing so first of all some basic information about arc who they are and what they're trying to do

So they're trying to bridge the gap between the different block chains out there essentially connecting all of them together so they created something called smart bridge which is a technology that allows the block chains

To connect and communicate with one another so once a block chain connects to the arc system either via code snippet or they have something called encode listener they're essentially set up and connected to the arc smart bridge

System and as a result can talk to all of the other block chains as well essentially making one eco system meant for a cryptocurrency mass adoption very interesting system pretty pretty brave project you could

Say that so the fees on our top chain will have to be paid in the arc token so many the entire ecosystem will be running using the arc token since the arc blockchain and the smart bridge technology is meant

To be used as a highway to transmit the different messages between different options the demand for the coins will obviously increase the more blockchain join the arc ecosystem how the arc software stack aims to make it easy to

Launch and customized options as well developers get access to the arc ecosystem of different plugins used to customize their network mobile and desktop wallets and pretty much anything you would need when setting up your own

Blockchain arc is one of the projects that can generate income through holding since it allows you to stake your tokens so if you have any tokens you can put them in a staking mode and the delegated proof of stake meaning you can get

Income simply by holding which is always good way to earn some passive income some of the recent news about the project so the team is very busy with recruiting new team members and they're are expanding the team even though size

Wise the team actually decreased since the initial project release some of the team members of the team are involved it kind of started not read as a fork since it's a new code base but they have some similarities to risk really middle

Of August our core version – dev net was released with the aim of fixing any final bugs in the code base before our core version – hard fork which suppose happen very soon if not by the time you see this video maybe possibly already

Happened overall there plenty of updates to the project that also includes wallets for example there is a lot of github activity one of the more active projects when he compared them to the similar ones they have announced

Partnership with abduction HR marketplace called highway highway IO but there really isn't that much ease of the actual reduction in their domine understand that partnership I'm sure they have a reason impossibly high well

Can I get involved with Ark more in the future roadmap as I always look in this video so the roadmap of the website is very detailed one of the best roadmaps in terms of showing the progress because they do show the different tasks

Progression for all of the tasks the biggest of current developments are our core version to better technical implementation and alternative development implementation programming languages so that means the developers

Will be able to use multiple programming languages when they develop for arc which is always a good way to get more developers on board long term developments include the arc virtual machine integration push-button

Deployable boxing so basically a very easy way to deploy your own Broxson broke chains and also integration of the interplanetary file system means you can get your own files stored on the blockchain which is also a great way to

Share different information using it availability of the arc token and the current price so arc is listed on several exchanges of balance obviously being the main one – is the biggest exchange in terms of volume here in the

World and if you want to buy the arc you pretty much should be able to buy it from balanced with any type of amounts that you want because there's quite a lot of volume going through it so this is on Korean exchange a bit if you don't

Like balance you can do it on barracks and ozone or key X mostly for the Chinese class and then a bunch of different small exchanges also list arc current price as of that should say August the unit

Vargas is around 89 cents of arc is ranked on 71 place in terms of the market capitalization in a market cap of 94 million US dollars in terms of the tokens in the circulation 105 million out of the 136 million is in circulation

Meaning 23% of tokens will be added in the future not that many considering so it shouldn't increase the evaluation that much which is a good sign price range so arc has been doing quite poorly this year as you can see this is January

So the price pretty much went down so if you bought in early 2017 somewhere in this area you probably made profit when compared to both Fiat and Bitcoin but the performance was very poor this year even

Though there was a little bit of a pump happening here and April May of our arc is very very disappointing this year one of the worst outcomes really out of the top 100 so then overall how is it doing not my opinion of it so the development

Is going well if you check the website you can see there's quite a blog Ching and Arc was a first blockage in bridge project for a while but now they do have some competition the lakhs of poccadot elf or IntelliJ and there will be more

In the future since Ark is not only connecting two options either what is also allowing the users to deploy their own blockchain just compete with the likes of it cerium or neo 2 which is also not great because

Those projects are already way ahead the problem is in my personal opinion that arc is very ambitious and maybe even too big in terms of scale since it does have different news cases on top of just simply being a blockchain platform so it

Would like a lot of development power and partnerships to make arc widely adopted but if you like the idea of all the blocks trees connected together and creating one big massive ecosystem then I just think arc it's one

Of the best projects of its kind however whether you believe it's possible because it is a very very brave and very difficult task to do that so everything this task is not possible then obviously Ark is not

Something you would be interested in if you think connecting all the blockchains it's something we should look for and something that is possible then I do you think Ark is one of the best options so it pretty much depends if you believe in

The technology behind this project and that's basically whether you should invest or not not a personal advice as always thank you very much for watching the appreciate you checking out this video and I did hope you enjoyed it if

You want to see more content like this make sure to subscribe have a lovely day and I love you Cheers and bye

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