Now that blockchain technology is finding its way into applications that are used in routine, day to day programs, ArcBlock is the new platform that provides an interesting solution to creating new applications using blockchain.

ArcBlock’s introduction of the Open Chain Access Protocol enabled open connectivity over multiple blockchain protocols. Developers now have the freedom to evaluate blockchain protocols, and even switch back and forth between them. The Open Chain Access Protocol makes it easy to implement new blockchains as the technology evolves. It eliminates the platform lock-in issue and enables applications to run on multiple blockchain fabrics, vastly improving the developer and user experiences

Anyone looking to automate their existing business system that comes with the gathered data and intel, are faced with many barriers and ArcBlock promises to eradicate these barriers and significantly advance blockchain development and adoption. And they don’t stop there. The platform promises to offer any necessary foundational elements for using blockchain to drive complex business systems.

ArcBlock is a platform service, rather than a standalone software package or set of APIs. It is a comprehensive solution that combines blockchain technology with Cloud Computing.

Don’t you still understand How ArcBlock is better over OtherBLOCKCHAINS.



Let’s Have a comparison

• PROBLEMS WITH TODAY’S BLOCKCHAINS

1.POOR PERFORMANCE

Bitcoin uses is designed to handle seven transactions per second, and Ethereum can only handle a few more.

2.NOT CONSUMER FRIENDLY

Almost all blockchain applications expect clients to either run a blockchain node or introduce a “light node.”

3.COST

To a great degree high cost of utilizing blockchain innovation is a noteworthy obstruction to standard appropriation. It likewise restricts engineers who require the adaptability to assemble free administrations.

4.PLATFORM LOCK-IN

Engineers would prefer not to be bolted into working with a specific blockchain innovation. They require the opportunity to assess, utilize, and switch between alternatives.

5.LACK OF FEATURES

Individuals have exclusive standards for blockchain — the news media, evangelists, and columnists paint a brilliant future for decentralized applications for general society, particularly with the undeniably high costs of cryptocurrencies. In all actuality, notwithstanding, blockchain innovation is still in its early stages

• ArcBlock’s ADVANTAGES

1.BUILT FOR THE NEW TOCKEN ECONOMY

ArcBlock is a self-evolving ecosystem — it’s not just a software platform built by one centralized organization. ArcBlock, Inc. and the ArcBlock Foundation are igniting the project; the platform is driven by the token economy and will continue to develop and grow on its own.

2. OPTIMIZED FOR THE BEST EXPERIENCE

The ArcBlock platform is using a “top-down” strategy that centers on the user experience. Applications built with ArcBlock offer reactive, real-time experiences. Users can simply access them from a web browser (no additional plugins required), or download a mobile app directly from an app store. Either way, the process is familiar.

3. BUILT FOR THE CLOUD

ArcBlock is designed to run natively in the cloud. Initially we 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 core components, ArcBlock will contribute actively to a variety of 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

More detailed descriptions of ArcBlock key components and core algorithm.

Did you understand above Diagram about Blockchain basic Format. Lets discuss some key words in simple way and try to understand it;

What is OPEN CHAIN ACCESS LAYER?

The Open Chain Access Layer characterizes high-level, non specific APIs that empower open availability and access to a range of blockchain protocols. The Layer is upheld by a Chain Adapter under layer. Each Chain Adapter is actualized for a particular blockchain protocol

The Open Chain Access Layer has three levels of APIs:

Level Description Level 1: Common Chain APIs

This set of APIs provides the foundation for the Open Chain Access APIs. Any Chain Adapters must support all of the APIs included in this level.

Level 2: Common Chain Data APIs

This set of APIs enables fundamental access to blockchain data, and treats each blockchain under layer as a finite state machine. Chain Adapters may either support the APIs at this level, or alternate capabilities. The set includes APIs that allow applications to query the supported capabilities. A Chain Adapter must support all of the APIs included in this level. However, they may implement a different capacity set.

Level 3: Native Chain APIs

This advanced API set exposes the native features of underlying blockchain protocols. While supporting this set is optional, it will maximize your application’s ability to use native blockchain features. Supporting the API set at this level is optional for Chain Adapters

What is BLOCKLET?

Blocklet is a serverless computing architecture component for running various types of applications. Use Blocklet for smart contracts, oracle, resource and asset handling, and off-chain business logic. Blocklet communicates with blockchains through ArcBlock’s Open Chain Access Protocol, and can be orchestrated with our Algorand-based consensus algorithm. Anyone can use Blocklet to build services and components and contribute them under the incentive system. Community members will receive tokens when others use their contributions.

Blocklet is the core of ArcBlock. More than an application protocol, it’s also a software architect that lays the foundational building blocks of ArcBlock itself. The ArcBlock platform is built on a series of Blocklets. The Open Chain Access Protocol allows Blocklet to communicate with under layer blockchains. The Distributed pub/sub gateway allows Blocklets to communicate with the client-side code live in the user’s browser or mobiles apps. In short, Blocklets are at the center of the entire system.

For more informations

Website: https://www.arcblock.io/

Whitepaper: https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf?v=4

Official ANN Thread: https://bitcointalk.org/index.php?topic=2699379

Twitter: https://twitter.com/ArcBlock_io

Facebook: https://www.facebook.com/arcblock.io/

Instagram: https://www.instagram.com/challenge/

Reddit: https://www.reddit.com/r/arcblock/

Linkedin: https://www.linkedin.com/company/18355951/

Telegram: https://t.me/ArcBlock

Author details: https://bitcointalk.org/index.php?action=profile;u=1360414