We first became aware of the ARK token in early 2018 when it had reached its ATH of $AUD13.03.

The Ark ecosystem has a number of key features:

Simplicity

Open source-code and blockchain creation tools enable everyone to leverage blockchain technology

Speed

Eight-second block times means the Ark Public Network is both fast and efficient

Scalability

A network of interoperable Bridgechains enable the ecosystem to scale exponentially without slowing down

Sovereignty

Create your own blockchains with bespoke governance to meet your own requirements

...and the best feature being...

Security

51 delegates underpin, secure and maintain ARK's Public Network using a DPoS consensus mechanism

How the ARK Staking Works

The 51 ARK delegates are responsible for validating the transactions and securing the ARK ecosystem. In a DPOS system, validators get rewarded for securing the blockchain. DPoS stands for Delegated Proof of Stake. It uses a fraction of the energy a POW system does. As a HODLer of ARK you get to vote for the delegate of your choice by sending 1 ARK token to them. (This was supposed to be lowered to 0.02 ARK but haven't been able to confirm at publishing). The delegate will reward the wallets that voted for them with a proportional amount of their rewarded ARK. More ARK more staking rewards. Some delegates even pay the vote fee and can also pay any transaction fees associated with receiving your staking rewards

We use the Ark desktop wallet v2.8.0. and have included a screenshot showing the wallet. It is supported by the Ledger Nano S.

Our delegate for this wallet address is "delegate del". To change our vote I would click the "Unvote" button. Then confirm the transaction on the Ledger Nano S. I would need to select another delegate, click "Vote", confirm the transaction on the Ledger Nano S. All done.

For this wallet we choose delegate del because:

del has a higher reward than the other delegate that we use for our other wallet address. It fluctuates but roughly has a ROI of 5%.

del pays out daily as long as your balance is greater than 0.01 ARK. The daily compounding effect is an extra little bonus.

del runs a free Ark Faucet.

It is possible to create any number of wallet addresses in the Ark Desktop Wallet.We also have another wallet address with biz_classic as our delegate. Why we chose biz_classic, thats another story and may write about it at a later date. Probably depend how much interest is shown in the ARK post.

ARKDEL Faucet (Free ARK)

This faucet is not a commercially run faucet that relies on intrusive and dodgy advertising to fund the payouts. Consequently does not need to run a referral program to keep finding new punters. The faucet rewards get added to your staking rewards. It keeps a running total of how many you have played and faucet rewards. And best part is it is "Provably Fair", that it is actually going to roll the higher number and that give you the higher rewards. Also you don't have to vote for delegate del or be a HODLer of ARK to use the faucet.

Screenshot showing 9840 rolled and 0.00050000 ARK

Screenshot of the Arkdel Faucet Roll Rewards. Note the next reward level starts at 9801, much lower than most commercially run faucets. Increasing your chances of higher payouts to 2 out of every 100 rolls (2%).

Screenshot showing how many times you have rolled and the total amount of ARK you have won with the delegate del's free faucet

Note this is a live document and will be updated as new information becomes available.

Feel free to use Comment to provide any feedback. All feedback is much appreciated. I won"t be offended, it is the only way we learn.