Post
Topic
Board Announcements (Altcoins)
Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK on BiTTREX 🔹
by
cannabanana
on 08/08/2017, 16:44:50 UTC
Ark is a good investment for the vision.

Eventually they will create an entire ecosystem which allows anyone to easily create, customise and deploy their own blockchain with the click of a button. All the blockchains within the ARK ecosystem will be connected via Smartbridge. They'd also have the option of using Ark to buy Eth tokens with the use of ACES (many more tokens to come too).

The way I view blockchains at this moment in time is very similar to how the "internet" or rather "intranet" systems were in the 1970's. Isolated networks. TCP/IP came along and connected all the intranets together and eventually created the internet as we know it. Well ARK is trying to connect all blockchains together, we probably don't even appreciate or understand the true potential of what that will bring (I'm guessing not many people in the 70's had any idea what TCP/IP was going to achieve). But that is ARK's goal. And as far as I understand, they are way ahead of any opposition.

$5 is a complete understatement for this coin.

ARK is trying to create one large blockchain composed of smaller blockchains that can communicate between each other using built in functions. TCP/IP is a communication protocol that is comparable to the COMIT protocol (Cryptographically-secure Off-chain Multi-asset Instant Transaction network).

I know that ARK is not strictly for transaction purposes between blockchains, but either way can anyone still explain some key differences between ARK's Smartbridge technology and COMIT protocol?

You're talking about something that's never been done before.  How can you expect people to compare projects when the goals are the same but methods of trying to reach that goal are different.  Especially when the goal has NEVER been obtained before and how to get there are all theoretical.

The question is, WHY do you need to compare what ARK is doing to what Comit is doing?  Is your investment strategy to go all in on one project and flip it?

If you are not smart enough to know that interoperability is the future of blockchains, you really need to get out of this industry.