What is the total supply of ARK coins?

ARK's 140 million coin supply is widely distributed among community members, fostering a decentralized ecosystem and supporting ongoing project growth and development.

Dec 26, 2024 at 11:35 pm

Key Points:

• ARK's total supply is 140,010,220 ARK.
• The majority of the ARK supply is held by community members.
• ARK's blockchain serves as the foundation for numerous other projects.
• The ARK ecosystem is governed by a decentralized autonomous organization (DAO).
• ARK has a strong focus on scalability, efficiency, and usability.

Total Supply of ARK Coins

The total supply of ARK coins is 140,010,220 ARK. This supply is distributed as follows:

• 50 million ARK (35.7%) were distributed to the community through a fair launch in 2016.
• 20 million ARK (14.3%) were allocated to the ARK Foundation for development and ecosystem growth.
• 20 million ARK (14.3%) were allocated to the ARK Development Team for their ongoing contributions.
• 20 million ARK (14.3%) were allocated to the ARK Ecosystem Fund for strategic investments and partnerships.
• 30,010,220 ARK (21.4%) were allocated as a reserve for future development and community initiatives.

Distribution of ARK Coins

The distribution of ARK coins has ensured a wide distribution of ownership within the community. This has helped to create a strong foundation for the network and has contributed to its ongoing growth.

Blockchain and SmartBridge Technology

ARK's blockchain is the foundation for numerous other projects. It is a high-throughput, low-cost blockchain that supports smart contracts and decentralized applications (dApps). ARK's SmartBridge technology allows other blockchains to connect and communicate with each other, enabling the exchange of data and assets.

Decentralized Governance

The ARK ecosystem is governed by a decentralized autonomous organization (DAO). The DAO is a community-led organization that oversees the development and operation of the ARK network. All members of the community have the opportunity to participate in the governance process through voting and delegation.

Scalability, Efficiency, and Usability

ARK has a strong focus on scalability, efficiency, and usability. The ARK team is committed to developing a blockchain that can handle a high volume of transactions with low fees. ARK's user-friendly interface makes it easy for developers and users alike to interact with the network.

FAQs:

• Where can I buy ARK coins?

ARK coins can be purchased on a variety of cryptocurrency exchanges.

• What is the ARK consensus mechanism?

ARK uses a delegated proof-of-stake (DPOS) consensus mechanism.

• What is the block time for ARK?

The block time for ARK is 60 seconds.

• What is the transaction fee for ARK?

The transaction fee for ARK is 0.1 ARK.

• Is ARK a good investment?

ARK is a long-term investment with a strong focus on scalability, efficiency, and usability. The ARK team is dedicated to developing a blockchain that can meet the needs of the future.