Originally invented as a means to create a fair initial distribution for the BitShares (BTS) DAC, LarkX has matured and is now a currency on its own. The objectives and core values of the new LarkX are
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simplicity - LarkX is delegated proof of stake (DPOS). It is a pure implementation of the core DPOS protocol without the application-specific functionality of the many profitable DACs that will be built on top of it. In this way, LarkX is the foundation layer of the BitShares ecosystem.
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openness - LarkX is not only open-source, but also open strategy. LarkX promotes open development and contribution to the BitShares platform by third party developers and investors. At the same time, LarkX is agnostic to the features, technology, and business strategy of any particular DAC that is built on top of it. LarkX is the Switzerland of DACs.
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collaboration - LarkX will be built with extensibility and collaboration in mind. In addition to serving as the common core of profitable DACs, LarkX will also serve as a launching pad and resource for developers of new DACs. In this way, any contribution to LarkX is a contribution to the BitShares ecosystem. The mantra of LarkX is: easy-to-use, easy-to-build, and easy-to-fork.
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stability - LarkX is a stable, non-inflationary, and fairly distributed token. LarkX is not a business and is not designed with the objective of maximizing profit. As the business environment changes, application-specific DACs will have to evolve to maintain their competitive advantage. LarkX may also evolve, but only with a slow and steady hand that serves the interest of LarkX holders and these core values.