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Easily convert PAXG to ARK with ConvertOnline's efficient tool.
PAX Gold (PAXG) is a digital asset that represents a claim on physical gold, where each token is backed by one fine troy ounce of gold stored in professional vaults. It combines the stability of gold with the efficiency of blockchain technology, allowing users to trade, transfer, and hold gold in a digital format.
Ark (ARK) is a cryptocurrency that aims to facilitate the creation and deployment of blockchain-based applications and services. It employs a unique Delegated Proof-of-Stake (DPoS) consensus mechanism, allowing users to vote for delegates who validate transactions and secure the network, thereby enhancing scalability and efficiency.