Bandingkan Aion (AION) vs Ark (ARK) Coin

Compare companies

Introduction

Blockchain interoperability has been a major goal in the cryptocurrency space for several years, and projects like Aion (AION) and Ark (ARK) have emerged as key players aiming to address this issue. Both projects focus on enabling seamless communication between blockchains and improving scalability. This guide compares Aion vs Ark Coin by exploring their background, technologies, use cases, and roles in the broader blockchain ecosystem. If you're interested in cross-chain functionality or investing in interoperability-focused platforms, this comparison will provide the insights needed to make an informed decision.


Project Initiation and Guidance

Aion (AION) was launched in 2017 by Nuco Inc., a Canadian blockchain infrastructure company, with Matthew Spoke leading the initiative. Aion’s main goal is to create a multi-level blockchain network that facilitates inter-blockchain communication, offering scalability and effective data transfer. The project introduced the concept of a bridge for different networks to communicate, with a focus on integration across public and private blockchains.

Ark (ARK), also founded in 2017 by a team led by Jack Lu, sought to address blockchain adoption and scalability by enabling modular blockchain deployments. Ark’s platform allows developers to easily create customized blockchains while maintaining interoperability. Ark’s motto, "Point. Click. Blockchain," highlights its emphasis on ease of use and accessibility for blockchain development.

While Aion focuses on protocol-level interoperability, Ark emphasizes the creation of purpose-built chains that can easily integrate with other ecosystems.


Important Technology and Infrastructure

Aion introduced a multi-level structure featuring Aion-1, an in-house blockchain that acts as a bridge between other networks. It also employed Bridge mechanisms to facilitate network switching and a Smart Contract Virtual Machine (AVM) for Java programming. Originally, Aion used a Proof-of-Work (PoW) consensus system but aimed to transition to a hybrid system with Byzantine Fault Tolerance (BFT) elements.

In contrast, Ark uses a Delegated Proof-of-Stake (DPoS) model where 51 delegates are elected to validate transactions and produce blocks. Ark’s modular design allows the creation of new blockchains with customizable features, such as consensus rules and tokenomics. Ark’s system also supports SDKs in JavaScript for developers to easily build applications.

While Aion offers protocol-level interoperability, Ark provides tools for building and managing customized blockchain applications with out-of-the-box functionality.


Token Utility and Network Roles

Aion’s AION token is used for several purposes within the network:

  • Paying transaction fees

  • Rewarding miners and validators

  • Accessing interchain transactions

  • Deploying and running smart contracts

The AION token was designed as a global coin for cross-chain usage, but with a decline in ecosystem activity, its utility has diminished. In 2021, Aion’s development was paused, and the token was officially moved to inactive status.

Ark’s ARK token serves similar functions within the Ark network:

  • Paying transaction fees

  • Electing network delegates

  • Deploying and managing Ark-based chains

  • Fueling plugin-based interactions

ARK is still an active utility token used in the Ark network. It’s involved in network governance, with staking rewards for token holders. Ark has maintained a strong focus on active development and integrations, making its token economy sustainable.


Interoperability and Ecosystem Strategy

Aion initially aimed to bridge blockchain networks, with Aion-1 serving as a relay between public and private blockchains. However, the project faced technical challenges and declining community participation, halting its progress in the interoperability space.

On the other hand, Ark adopted a SmartBridge technology that allows Ark-based chains to communicate with other blockchains by sharing encoded data. Ark’s ecosystem also includes the ARK Vault and a new blockchain platform, ARK Network, with a focus on scalability and integration with DeFi and NFT protocols.

While Aion pursued a centralized hub-and-spoke model for interchain communication, Ark focuses on creating a distributed network of autonomic chains that can communicate through optional protocol layers.


Developer Experience and Tools

Aion initially attracted developers with its Java-based smart contracts, making it easier for enterprise-level developers to create applications. The platform also provided SDKs and APIs to facilitate app development across different chains. However, as Aion’s developer tools became outdated and the platform stopped receiving active maintenance, it became less viable for new projects.

Ark has been more focused on developer accessibility, offering a comprehensive Software Development Kit (SDK) for JavaScript developers, along with tools like the ARK Launcher to help developers create their own blockchains easily. Ark’s active maintenance and constant updates make it a better option for developers compared to Aion.

While Aion offered an enterprise-focused approach, Ark provides a more user-friendly, developer-centric platform.


Security and Network Design

Aion initially used a Proof-of-Work (PoW) security model, which was not as strong as larger networks like Ethereum or Bitcoin. The Aion network faced challenges in maintaining security and miner participation due to its lower hash rate.

In contrast, Ark’s DPoS model allows for fast transaction settlement, low power consumption, and decentralized decision-making. Although this introduces some centralization risks, it allows for efficient performance and network upgrades. Ark also supports multi-signature functionality for enhanced security.

When it comes to security and governance, Ark’s DPoS model is more contemporary and well-implemented compared to Aion’s earlier PoW-based approach.


Pros and Cons

Aion (AION)

Pros:

  • Ambitious vision of inter-chain communication

  • Familiar Java-based smart contracts for developers

  • First mover in the interoperability space

Cons:

  • No longer actively maintained

  • Decreased ecosystem activity

  • Utility of tokens diminished

Ark (ARK)

Pros:

  • Active development and updates

  • Modular blockchain tools

  • Clear token utility and governance

Cons:

  • Smaller ecosystem compared to larger Layer-1s

  • Low awareness outside of developer communities

  • Lacks a native smart contract platform (relies on plugins)


Frequently Asked Questions (FAQ)

Is Aion still active?

No, Aion development was paused in 2021, and the network is no longer supported. Token holders were advised to exit the platform.

Can I still trade AION?

Yes, AION is still listed on some exchanges, but liquidity is limited. Always check for the latest status before investing.

Is Ark suitable for deploying a new blockchain?

Yes, Ark offers tools for developers to easily create personalized blockchains with minimal configuration.

Does Ark use smart contracts?

Ark does not use traditional smart contracts. However, it provides smart contract-like functionality through modular chains and plugins.

Company

User rating

4.3 / 5 3 user review 4 / 5 3 user review

Cryptogeek rating

3.4 / 5 4 / 5

Trust Score

How it works
3.61 / 5 4.3 / 5

About

Aion is currently based on cryptocurrency Ethereum protocol. You can check Aion's market cap and volume on widget of our partner. Also you can see the latest AION price on Cryptogeek.info. You can leave your feedback and reviews about Aion cryptocurrency here.
Ark (ARK) is the native token of the blockchain-based Ark platform. The platform itself provides the instruments that enable users to develop and customize other blockchains. The blockchains can be managed through the TypeScript programming language. Moreover, these blockchains can be connected to each other via the functionality of Ark. The Ark framework can be used to execute peer-to-peer operations, manage the data on a distributed ledger, access API solutions, etc. The Generic Transaction Interface can be used to customize the types of transactions and entire blockchains. Unlike Solidity, TypeScript is much easier for the general public which makes Ark more user-friendly.

Type

coin coin

Founding Date

2018 2016

Country

International International

Languages

No data No data

Team

Not Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.0010 0.4953

All-time high (USD)

10.0000 9.9900

Price change (24h)

0.00 -0.26

Volume (24h)

0.07258 9194018.20816

Hashrate

914 No data

Max Supply

465934587.00000 998999495.00000

Total supply

No data No data

Circulating Supply

550190487.00000 190160972.00000

Transaction speed / Block time

100 18

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Equihash210,9 No data

Proof type

PoW/PoS No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

33098296530.00000 No data

Is trading

yes No data

Block reward

4.500000000000 No data

Block time

14 No data
Company
User rating User rating 4.3 / 5 3 user review User rating 4 / 5 3 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.61 / 5 Trust Score 4.3 / 5
About
Aion is currently based on cryptocurrency Ethereum protocol. You can check Aion's market cap and volume on widget of our partner. Also you can see the latest AION price on Cryptogeek.info. You can leave your feedback and reviews about Aion cryptocurrency here.
Ark (ARK) is the native token of the blockchain-based Ark platform. The platform itself provides the instruments that enable users to develop and customize other blockchains. The blockchains can be managed through the TypeScript programming language. Moreover, these blockchains can be connected to each other via the functionality of Ark. The Ark framework can be used to execute peer-to-peer operations, manage the data on a distributed ledger, access API solutions, etc. The Generic Transaction Interface can be used to customize the types of transactions and entire blockchains. Unlike Solidity, TypeScript is much easier for the general public which makes Ark more user-friendly.
Type Type coin Type coin
Founding Date Founding Date 2018 Founding Date 2016
Country Country International Country International
Languages Languages No data Languages No data
Team Team Not Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.0010 Current price (USD) 0.4953
All-time high (USD) All-time high (USD) 10.0000 All-time high (USD) 9.9900
Price change (24h) Price change (24h) 0.00 Price change (24h) -0.26
Volume (24h) Volume (24h) 0.07258 Volume (24h) 9194018.20816
Hashrate Hashrate 914 Hashrate No data
Max Supply Max Supply 465934587.00000 Max Supply 998999495.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 550190487.00000 Circulating Supply 190160972.00000
Transaction speed / Block time Transaction speed / Block time 100 Transaction speed / Block time 18
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability medium
Algorithm Algorithm Equihash210,9 Algorithm No data
Proof type Proof type PoW/PoS Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 33098296530.00000 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 4.500000000000 Block reward No data
Block time Block time 14 Block time No data

Social

Website

theoan.com ark.io

Twitter

@Aion_Network @ArkEcosystem
Website Website theoan.com Website ark.io
Twitter Twitter @Aion_Network Twitter @ArkEcosystem

Advantages

Scalability Privacy Convenient user interface Smart Bridges technology Multiple coding languages support Low costs

Disadvantages

No backing Low decentralization level Low network speed

Rating

User rating User rating 4.3 / 5 3 user review User rating 4 / 5 3 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Scalability Privacy Advantages Convenient user interface Smart Bridges technology Multiple coding languages support Low costs
Disadvantages Disadvantages No backing Disadvantages Low decentralization level Low network speed

Aion (AION) user rating is 4.3, based on 3 user reviews. Ark (ARK) user rating is 4, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.3 / 5 Write review
Choose other companies

Conclusion

The Aion vs Ark Coin comparison illustrates two different approaches to blockchain interoperability. Aion aimed to create a hub-and-spoke model for inter-chain communication but struggled with technical and community challenges. Ark, on the other hand, has progressed with a strong focus on modular blockchain design, allowing developers to create customizable chains with interoperability. If you're seeking a platform with institutional applications and advanced interoperability features, Aion’s legacy is worth considering. However, if you're looking for an active, developer-friendly solution with an emphasis on DeFi and cross-chain functionality, Ark is the more viable option moving forward.

Introduction

Blockchain interoperability has been a major goal in the cryptocurrency space for several years, and projects like Aion (AION) and Ark (ARK) have emerged as key players aiming to address this issue. Both projects focus on enabling seamless communication between blockchains and improving scalability. This guide compares Aion vs Ark Coin by exploring their background, technologies, use cases, and roles in the broader blockchain ecosystem. If you're interested in cross-chain functionality or investing in interoperability-focused platforms, this comparison will provide the insights needed to make an informed decision.


Project Initiation and Guidance

Aion (AION) was launched in 2017 by Nuco Inc., a Canadian blockchain infrastructure company, with Matthew Spoke leading the initiative. Aion’s main goal is to create a multi-level blockchain network that facilitates inter-blockchain communication, offering scalability and effective data transfer. The project introduced the concept of a bridge for different networks to communicate, with a focus on integration across public and private blockchains.

Ark (ARK), also founded in 2017 by a team led by Jack Lu, sought to address blockchain adoption and scalability by enabling modular blockchain deployments. Ark’s platform allows developers to easily create customized blockchains while maintaining interoperability. Ark’s motto, "Point. Click. Blockchain," highlights its emphasis on ease of use and accessibility for blockchain development.

While Aion focuses on protocol-level interoperability, Ark emphasizes the creation of purpose-built chains that can easily integrate with other ecosystems.


Important Technology and Infrastructure

Aion introduced a multi-level structure featuring Aion-1, an in-house blockchain that acts as a bridge between other networks. It also employed Bridge mechanisms to facilitate network switching and a Smart Contract Virtual Machine (AVM) for Java programming. Originally, Aion used a Proof-of-Work (PoW) consensus system but aimed to transition to a hybrid system with Byzantine Fault Tolerance (BFT) elements.

In contrast, Ark uses a Delegated Proof-of-Stake (DPoS) model where 51 delegates are elected to validate transactions and produce blocks. Ark’s modular design allows the creation of new blockchains with customizable features, such as consensus rules and tokenomics. Ark’s system also supports SDKs in JavaScript for developers to easily build applications.

While Aion offers protocol-level interoperability, Ark provides tools for building and managing customized blockchain applications with out-of-the-box functionality.


Token Utility and Network Roles

Aion’s AION token is used for several purposes within the network:

  • Paying transaction fees

  • Rewarding miners and validators

  • Accessing interchain transactions

  • Deploying and running smart contracts

The AION token was designed as a global coin for cross-chain usage, but with a decline in ecosystem activity, its utility has diminished. In 2021, Aion’s development was paused, and the token was officially moved to inactive status.

Ark’s ARK token serves similar functions within the Ark network:

  • Paying transaction fees

  • Electing network delegates

  • Deploying and managing Ark-based chains

  • Fueling plugin-based interactions

ARK is still an active utility token used in the Ark network. It’s involved in network governance, with staking rewards for token holders. Ark has maintained a strong focus on active development and integrations, making its token economy sustainable.


Interoperability and Ecosystem Strategy

Aion initially aimed to bridge blockchain networks, with Aion-1 serving as a relay between public and private blockchains. However, the project faced technical challenges and declining community participation, halting its progress in the interoperability space.

On the other hand, Ark adopted a SmartBridge technology that allows Ark-based chains to communicate with other blockchains by sharing encoded data. Ark’s ecosystem also includes the ARK Vault and a new blockchain platform, ARK Network, with a focus on scalability and integration with DeFi and NFT protocols.

While Aion pursued a centralized hub-and-spoke model for interchain communication, Ark focuses on creating a distributed network of autonomic chains that can communicate through optional protocol layers.


Developer Experience and Tools

Aion initially attracted developers with its Java-based smart contracts, making it easier for enterprise-level developers to create applications. The platform also provided SDKs and APIs to facilitate app development across different chains. However, as Aion’s developer tools became outdated and the platform stopped receiving active maintenance, it became less viable for new projects.

Ark has been more focused on developer accessibility, offering a comprehensive Software Development Kit (SDK) for JavaScript developers, along with tools like the ARK Launcher to help developers create their own blockchains easily. Ark’s active maintenance and constant updates make it a better option for developers compared to Aion.

While Aion offered an enterprise-focused approach, Ark provides a more user-friendly, developer-centric platform.


Security and Network Design

Aion initially used a Proof-of-Work (PoW) security model, which was not as strong as larger networks like Ethereum or Bitcoin. The Aion network faced challenges in maintaining security and miner participation due to its lower hash rate.

In contrast, Ark’s DPoS model allows for fast transaction settlement, low power consumption, and decentralized decision-making. Although this introduces some centralization risks, it allows for efficient performance and network upgrades. Ark also supports multi-signature functionality for enhanced security.

When it comes to security and governance, Ark’s DPoS model is more contemporary and well-implemented compared to Aion’s earlier PoW-based approach.


Pros and Cons

Aion (AION)

Pros:

  • Ambitious vision of inter-chain communication

  • Familiar Java-based smart contracts for developers

  • First mover in the interoperability space

Cons:

  • No longer actively maintained

  • Decreased ecosystem activity

  • Utility of tokens diminished

Ark (ARK)

Pros:

  • Active development and updates

  • Modular blockchain tools

  • Clear token utility and governance

Cons:

  • Smaller ecosystem compared to larger Layer-1s

  • Low awareness outside of developer communities

  • Lacks a native smart contract platform (relies on plugins)


Frequently Asked Questions (FAQ)

Is Aion still active?

No, Aion development was paused in 2021, and the network is no longer supported. Token holders were advised to exit the platform.

Can I still trade AION?

Yes, AION is still listed on some exchanges, but liquidity is limited. Always check for the latest status before investing.

Is Ark suitable for deploying a new blockchain?

Yes, Ark offers tools for developers to easily create personalized blockchains with minimal configuration.

Does Ark use smart contracts?

Ark does not use traditional smart contracts. However, it provides smart contract-like functionality through modular chains and plugins.