ARK Launching New Multi-Asset Blockchain

Blockchain ecosystem ARK is set to launch its Mainnet, a proprietary blockchain that can communicate with bitcoin, ethereum and other assets using a crypto token.

ARK’s delegated proof of stake (DPoS) consensus-based crypto token will be out on Tuesday, March 21, according to a press release. The decentralized digital asset token will be distributed as part of a Token Exchange program among registered users, all part of a company plan to eventually promote mass consumer adoption of cryptocurrencies.

“March 21st, 2017 will be the birth of the ARK main BlockChain,” said a release from the company, speaker unattributed. “At 19:00 UTC, ARK will be generating the genesis block, which will include all ARK Tokens to be distributed amongst our Token Exchange participants. After the creation and start of the ARK BlockChain, all Token Exchange participants will be able to visit website to claim their ARK tokens by withdrawing them to a personal ARK wallet or address.”

The launch of Mainnet will spotlight several upgrades to the ARK system, including replacing sidechains with SmartBridge, allowing it to communicate with other blockchains; removal of the custom node version of the software; a new user interface; and changes in various other site specialities.

The ARK development team cautioned that system stability will be prioritized over speed of execution during the launch period.

Mainnet participants can go to http://tec.ark.io and claim their ARK tokens by withdrawing them to their own personal ARK wallets/addresses.  However, all existing wallets will need to be updated to the latest Mainnet release version (available at http://ark.io.) prior to the launch.