Ark (ARK) is very persistent in achieving SmartBridge adoption on the rest of the market. The concept of being able to connect to Ark’s blockchain through the addition of a simple snippet of code makes every project connectable amongst them. Recent surge in price may be a glimpse for what is coming in 2018.
Ark (ARK) intends to bring the market together and empower it as a whole through the conncept of an Ecosystem. A lot of expectation has been raised throughout 2017 but besides the gains in value not a lot of releases were made, but they promise something big.
Imagine that you would like to add a smart contract in Ethereum’s network. With Ark (ARK) one could send a message through the Smart Bridge on the mainchain and try to connect with one of these Encoded Listeners shown below:
Now its more clear what they’re trying to do, the concept of side chains is different from the usual. Ark (ARK) does not only intend to create their own Blockchains with the push of a button they also intend to connect with any other blockchain.
By taking comission on the transfer, the Encoded Listeners will be freely assembled by entities that want to take part on Ark’s Ecosystem. If, for example Coinbase, or Bitfinex not only wanted to trade ARK but also they wanted to profit from validating the network, they could then invest on an Encoded Listener.
By developing this project with the concept of a DPoS (Delegated Proof-of-Stake) this comes even handier for the user.
The current stats are:
Push Button Blockchains at 61% Completion
Mobile Wallets at 98.5% Completion
ArkVM at 60% Completion
Ark’s Virtual Machine will be able to deploy smart contracts similar to Ethereum.