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# What is Ark Blockchain? ARK Token Review
- URL: https://dexplain.com/what-is-ark-blockchain-ark-token-review/
- Published: 2020-08-12T10:44:00.000Z
- Updated: 2021-11-30T10:45:42.000Z
- Description: What is Ark Blockchain? Latest news about Ark Core v3, MarketSquare and Deployer. In depth ARK token review to understand the ecosystem.
- Author: wizardfromspace
- Tags: Ark, Cryptocurrency, Blockchain, Project Review, Altcoins

The Ark Crew is scheduled to deploy Ark Core v3 to [mainnet before the end of Q3 2020](https://dexplain.com/six-crypto-mainnet-launches-and-hard-forks-to-watch/). This will implement some of the biggest upgrade to the Ark ecosystem to date. Here we will take a look at what is Ark blockchain, take a quick ARK token review and dive deeper into Ark Core v3\. Excitingly, Core v3 will enable the launch of two new products ****MarketSquare*** and ***Deployer**. MarketSquare will be the new hub of the decentralized web. Deployer will enable any one to launch and manage their own blockchains with a couple of clicks. Amazing milestones for worldwide blockchain adoption.

## **What is Ark Blockchain?**

[ARK](https://dexplain.com/tag/ark/) is a decentralized ecosystem focused on building tools that will bring blockchain to the masses. The idea is to achieve this through a perfect user experience. While many platforms have copied Ethereum, the Ark blockchain has taken a different approach. Instead of building dapps with smart contracts, ARK’s sandbox ecosystem enables blockchain creation in just a couple of clicks. ARK has also built numerous ****SmartBridges** to other blockchains. Thus solving the problems of interoperability between networks, along with supporting various programming languages to onboard developers quickly.

![](https://dexplain.com/content/images/2021/11/image-41.png)

## **Quick ARK Token Review**

ARK is the platform’s native currency, currently, it can be used to pay for various mainnet services.

- Recent Price: $0.49
- Market Cap: $60M
- Circulating Supply: 123,055,683 ARK
- Total Supply: 151,526,580 ARK
- All-time-high: $10.22 (Jan 10th 2018)
- All-time-low: $0.033 (Mar 22, 2017)

The main trading market is ARK/BTC with the most liquidity found on [Binance](https://dexplain.com/tag/binance) exchange.

## ****Deeper Dive: Ark Core v3**

**When? ETA is Q3 2020 (by September 30th)*

The Ark blockchain originally launched in 2017, it is not a new project by any means. The next upgrade ****is the biggest Ark update to date**. The upgrade will feature completely new architecture for the Ark Core Framework. Along with setting a new standard for modular development within the blockchain industry. Much of the updates are technical and developer-focused. But to summarize, the main gist of the upgrade is that there will be many more options for [BridgeChains](https://ark.io/?ref=dexplain.com).

Currently, when launching on on the platform you are stuck following the ARK voting system. Once live, the upgrade will let businesses choose models that suit their project: PoW, PoS, or a different logic entirely. Node management will be possible from a new Dashboard GUI. Which will be a big improvement over having to use a command line tool.

![](https://dexplain.com/content/images/2021/11/image-42.png)

More excitingly and perhaps much easier to understand the value, Ark Core v3 prepares the network for a new product. MarketSquare aims to be the new face of the decentralized web. A hub where users can create their profile discover new crypto businesses, DeFi applications, and blockchain – ****along with ratings**! Will be interesting to watch the Ark ecosystem grow in Q4 with the release of new flagship products.

Stay safe and trade well!