ArcBlock can be introduced as a blockchain-based ecosystem which is specially made to design and develop the decentralized blockchain applications. The platform is well rich in relevant basic units to gear up the business upon the blockchain. The optimum utilization of the decentralization makes the ventures automated and advanced in the ecosystem.

ArcBlock

ArcBlock is specially made not only to eliminate the barriers of the majority public society of accessing for the current blockchains but also to develop advanced features which enhance the future of blockchain. There will be a revolution with ArcBlock in future cryptocurrency industry as ArcBlock developers have understood the issues of current blockchain industry well. Identified major problems are mentioned below.

Poor performance. Not customer friendly. Cost Platform lock-in. Lack of features.

The poor performance is one of the main issues appears in the current blockchain applications. As per the current day scenario, an application should be able to handle several millions of users regularly. Lots of the blockchain-based applications which are available today can be got access by technology enhanced minority only. For the rest majority can not use such advanced applications as they are inadequate in technical knowledge.

As sames as in the lot of technology based considerations, the higher cost has become a major barrier for the development of the blockchain industry. Difficulty of switching from one blockchain to another can be identified as another big issue that developers are facing today. With the globalization, the demands of the people have been increased rapidly. Still the blockchain access providers can not fulfill the high expectations of the customers due the the lack of features of the foundation.

ArcBock has seen all of these problems they have created a platform service to overcome all the issues. ArcBlock solution is a combination of both blockchain technology and cloud computing. It has also become an incentive-driven marketplace. Miners will be able to bring new services and applications apart from their computers structures. All the contributors will be received tokens for there efforts.

The Open Chain Access Protocol of the ArcBlock will link the multiple blockchain protocols. Possibility if implementation the applications in new blockchains will be occurred due to the Open Access Protocol. The Blocklet component of the platform increases the full capacity while offering a good performance.

Compared to current market situation, the ArcBlock has significant advantages. Those are mentioned below.

Built for the new token economy. Optimized for the best experience. Built for the cloud. Build with an open standard.

The economy driven nature of the ArcBlock gives wings to the blockchain community because of the higher incentive schemes. The system service is run by the token economy. This encourages users to contribute for the development of a better blockchain. The strategy of ArcBlock creators is a top-down approach. It has focused the user experience. Lots of currently available blockchain technologies are not user friendly. But ArcBlock simplifies the all the advance features and creates an user friendly environment. No need of running local blockchain test nodes for creating applications as mock blockchain adapters are there.

The ArcBlock is developed to work in the cloud but it gives the ability to test and develop on a computer. A node of the ArcBlock will be contained either virtual machines or a computing environment of set of cloud services. Open standard concept of the ArcBlock is a huge advantage of further development. Apart from that there will be various active contributions for blockchain communities.

ABT TOKEN DISTRIBUTION

The ArcBlock Token (ABT) which is designed as a general purpose token, is linked to ArcBlock platform. This token service has the facility of the usage of an advanced blockchain system due to that the system can achieve high performance transactions. ABT can be identified as a utility token which can be used to pay costs of the services of the platform usage. As per the fund transaction system the application providers settle the transaction fees of the end users. The token is linked with ERC20. So, the developers are able to use their knowledge and expertise that they have with Ethereum community.

Not like several other blockchains miners of ArcBlock can join to the overall service network here. Mining can be categorized in to basic two sections. Resource mining and Component mining. The contribution of computer resources is the resource mining. Either cloud computing or hosted computing resources can be provided. Provision of software components is the component mining.

The public sale of ArcBlock token will be started on 03rd Feb 2018. The more details of ArcBlock are available in the links mentioned below.

Official website: https://www.arcblock.io Official ArcBlock ANN Thread: https://bitcointalk.org/index.php?topic=2699379

KBJ

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1605832