I just got paid by my ARK Delegate...
Now I really wasn't sure how this whole Delegate Proof-of-Stake (DPoS) thing was going to work. Frankly I do not own a ton of ARK, but I want to buy more!! A lot more! Mainly because of DPoS.
Why???
Because it is a 10% return on your investment...solely in the DPoS! And this doesn't include the return you get on if ARK goes up in value. Now yes, you could have gotten a better return possible of the last year in the stock market, but even Wall Street just took a hit.
The Idiot's Guide to Delegate Proof-of-Stake
I like to think of DPoS as a dividend or a mining machine (with out the electricity costs and risk of not being awarded a block).
Here are two excellent articles that better explain exactly what Delegate Proof-of-Stake really is doing under the hood.
What is delegated proof of stake?
Ark & Delegated Proof-of-Stake on Medium
More of a visual learner?? Check out this video...
I have said this before, I truly do think that ARK is the more underrated alt coins in existence. Which is GREAT for me! More of an opportunity to buy more ARK!!
Love this Steemit Community!!! Thank you for allowing me to hang with you.
-Beau