Post
Topic
Board Announcements (Altcoins)
Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK on BINANCE 🔹
by
burfy174
on 21/11/2017, 03:00:48 UTC
Hi there,
Relatively new to ARK but have invested because of the amazing tech and potential of this project. A couple of questions. Will ARK be used in a similar fashion to ether with gas on transactions?? Is that the benefit of holding ARK one the entire ecosystem is up and running?? Can you see it reaching the current value of ethereum today?
Also, with regards to staking, I'm currently getting about 10% pa on my coins. How can this be maintained with a total supply of only 127 million? Won't the coins all run out far too quickly, or do they want all coins in the system circulating quickly??
Thanks.... By the way, I have scrolled through the white paper but couldn't locate the answers, so I'm not trolling. Just wanted to get an understanding from other members in a way that explains it better.