ArcBlock is the world’s first blockchains ecosystem for building and deploying decentralized applications. The founder and CEO of ArcBlock Robert Mao is graduated from Southeast University department of computer science and engineering. He is former researcher with Microsoft Research, Serial Entrepreneur and technology innovator, together with Flavien Charlon, the creator of colored coins, open assets protocol and open chain. And also, ArcBlock have well experienced team with big ambitions.
ArcBlock Team
ArcBlock has been developed with the sole aim of addressing the challenges that have hindered adaption of the blockchain technology by the public, businesses, and developers. ArcBlock is attending the right time to further empower the blockchain technology to be implemented into the real world and has an extraordinary epoch-making significance in the long run. ArcBlock is platform service, this is expected to help in addressing the various challenges expected by the current blockchain technology.
The Advantages of ArcBlock
#1. Built for the new token economy
ArcBlock is a self-evolving ecosystem, its not just a software platform built by one centralized organization. ArcBlock, ink and the Arcblock foundation are igniting the project, the platform is driven by the token economy and will continue to develop and grow on it own.
#2. Optimized for the best experience
ArcBlock platform is using a ‘top-down’ strategy that centers on the user experience application built with ArcBlock after reactive, rest time experiences. Users can simply access them from a web browser (no additional plugins required), or download a mobile app directly form an app store either way the process is familiar.
#3. Built for the Cloud
ArcBlock si designed to run natively in the cloud. Initially they will build on top of Amazon web services and windows Azure, then expand to support Google compute Engine, major cloud-computing players in china, and other platforms.
#4. Built with an open standard
In addition to open sourcing their care components, ArcBlock will contribute actively to a verity at blockchain communities ArcBlock’s team members are involved actively with a range of standards organizations, non-profit foundations, and committees. These currently include the W3C Blockchain Community Group, Community Group (CG), IEEE Blockchain, Special Interest Group (SIG), Enterprise Ethereum Alliance, Linux Foundation and Hyperledger Foundation.
ArcBlock’s open chain access protocol enables the application to adapt to a verity of blockchain protocols including Bitcoin, Ethereum, Hype ledger, and more. ArcBlcok’s primary goal is to remove the barriers that have slowed blockchain adaption among the general public. Blockchain is having significant impacts and the financial services industry. And also, blockchain technology is now widely believed to be a game changer. When blockchain is used in managing the supply chain, it can have a significant impact in bringing transparency in the sector. The blockchain technology is both transparent and incorruptible. The data stored in this network is safe.
The ArcBlock Token (ABT) is native to the ArcBlock platform. To achieve high-performance transactions, they built an optimized blockchain dedicated to ArcBlcok’s own token services and the public ledger. The design goal is to achieve > 100, 000 Tx/s, which is more than adequate for a wide range of applications. In the future the blockchain could be improved for broader purposes. The ARC is designed as a general-purpose token that can be used in different scenarios. Within ArcBlcok, the ARC’s basic utility value is to pay for the cost of using the ArcBlock system Like a cloud computing services, the ARC is a utility token for paying the cost associated with using the services.
Ethereum or Bitcoin users pay a fee for each transaction they make. But ArcBlock is designed to pay the transaction fees for their end users. Developers pay on a monthly basis, enabling them to add up small units and save money. When ArcBlock need to provide mission critical services, they request developers to lock in a number of ARC token as a stake. They allow miners to do platform services and join the overall service network. So, ArcBlock is different from Ethereum and Bitcoin.
The ArcBlock marketplace is a decentralized blockchain application built an ArcBlock platform itself. The App services as a marketplace for listing, searching, evaluating using, and ranking reusable components such as chain adapters, blocklets components and applications. The marketplace is also responsible for maintaining public feedback about the quality of components and the reputation of their developers, as well as other information. This information will help users evaluate reusable components. All the market-place information is recorded in the public ledger powered by ArcBlock’s blockchain technology to ensure transparency and the trust.
In my opinion ArcBlock is extremely superior with a team of experienced founders. Inventors should also take this opportunity to invest in crypto currencies as their values are expected to increase due to increased usage. ArcBlock gives you to tokenize everything in your application. In near future you will be able to make ICO with ArcBlock’s application.
You can join the ArcBlock community and support to the ArcBlock development,
Official Website: https://www.arcblock.io
Official Announcement Thread: https://bitcointalk.org/index.php?topic=2699379
GitHub: https://github.com/arcblock
Facebook: https://www.facebook.com/arcblock.io/
Twitter: https://twitter.com/ArcBlock_io
LinkedIn: https://www.linkedin.com/company/18355951/
Instagram: https://www.instagram.com/arcblock/
Medium: https://medium.com/arcblock
Reddit: https://www.reddit.com/r/arcblock/
Telegram: https://t.me/ArcBlock
