ArcBlock is a platform and an ecosystem for building and deploying decentralized blockchain applications.

ArcBlock aims to build a scalable, extensible, and easy-to-use platform for building and deploying decentralized blockchain applications.

ArcBlock’s primary goal is to remove the barriers that have slowed blockchain adoption among the general public.

There are several other players trying to solve similar problems, but everyone has a different approach and strategy. Notably, EOS (Enterprise Operating System) is trying to solve very similar problems as ArchBlock does. EOS try to start a new blockchain technology to solve today’s problem and build an ecosystem around their new blockchain, while ArcBlock intentionally NOT to create new blockchains but cooperate with existing mainstream blockchains (e.g. Ethereum, Hyperledger etc.)

ArcBlock platform has a “top-down” strategy that centers on the user experience. Controversely, many existing solutions focus on the blockchain technology itself and at the expense of user-friendliness. Applications built with ArcBlock offer responsive, real-time experiences.

ArcBlock is a computing platform for developing and deploying blockchain applications, Ethereum is a blockchain technology. They are related but are very different at the same time. Comparing ArcBlock to Ethereum is like comparing Apple to Orange.

The design goal is to achieve >100,000 Tx/s, which is more than adequate for a wide range of applications. In the future, this blockchain could be improved for broader purposes.

ArcBlock is a platform service, rather than a standalone software package or set of APIs. ArcBlock is a comprehensive solution that combines blockchain technology with Cloud Computing. ArcBlock is an incentive-driven marketplace for reusable services, components, and even applications.

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.

Blocklet is another revolutionary component that takes advantage of the latest microservice architecture and serverless computing technology.

ArcBlock is a self-evolving ecosystem — not just a software platform built by one centralized organization. ArcBlock, Inc. and the ArcBlock Foundation are only jump-starting the project; the platform will continue to develop and grow on its own.

The ABT is a utility token for paying the cost associated with using the service. The ABT’s basic utility value is to pay for the cost of using the ArcBlock system. People who contributed resources or services (“Miners”) to the platform will be rewarded with tokens.

“Mining” has a very different meaning in ArcBlock. “Miners” in ArcBlock platform bring computing resources, moreover they help to build the platform together by providing reusable components, new services, and even ready to deploy applications. People who contributed resources or services will be rewarded with tokens.

ArcBlock is a platform service, rather than a standalone software package or set of APIs. ArcBlock is a comprehensive solution that combines blockchain technology with Cloud Computing. ArcBlock is an incentive-driven marketplace for reusable services, components, and even applications.

ArcBlock is NOT an open source platform, nor it is an open source project. ArcBlock is developed as a commercial software development practices and process. Several critical protocols and their references implementations will be open sourced.

ABT TOKEN DISTRIBUTION

• Volume: 186,000,000 ABT

• A finite amount of ABT created

• No inflation

• All tokens pre-minted, no mining required

• The maximum token amount for sale: 45%

• Marketing&partner support: 8% (with bounty comprising %1)

• Team(Labs): 15%

• Miners(community rewards): 32%

• Soft Cap: 12000 ETH

• Hard Cap: 37500 ETH + 6M CMT

— Maximum for private sale: 25000 ETH

— Maximum for public sale: 12500 ETH + 6M CMT

• ETH(Ethereum) CMT(Cybermiles Token)

Private sale | KYC required

Private sale Hard Cap: 25000 ETH

1 ETH = 2052 ABT (minimum 100 ETH, 1000 ETH)

Private sale application closed. Review in progress.

Public sale | KYC required

Public sale Hard Cap: 12500 ETH + 6M CMT

1 ETH = 1900 ABT (minimum 0.1 ETH, 50 ETH)

1 CMT = ? ABT (minimum 200 CMT, 150000 CMT)

(CMT/ABT rate will be locked before the public sale)

The public token sale event will begin on

February 3, 2018, at 7 pm CST and end on Feb 10, 2018

ROADMAP

Q1 2017

Concept development.

Proof of concept and prototype development of the decentralized pub/sub gateway.

Q2 2017

Design and implement the EZCommJS, the Node.js implementation of the decentralized pub/sub gateway.

Proof of concept and prototype development of Blocklet with Ethereum.

Q3 2017

Design and implement the mobile and web clients with decentralized pub/sub gateway.

Design Blocklet architecture and Open Chain Access Protocol.

Q4 2017

Develop the architecture for token design functionality and the Token Economy Service.

Implement the Ethereum Adapter with Open Chain Access Protocol.

Complete the prototype for the first end-to-end application built on top of ArcBlock.

Q1 2018

TOKEN SALE EVENT

Select the first group of founding clients that will be powered by ArcBlock.

Token Sale event. Private sale begins Jan 12, 2018. Public sale held from Feb 3, 7 pm CST to Feb 10, 2018. All tokens sold will be distributed within 4 weeks of the end of the public sale event.

Q2 2018

Launch the first decentralized consumer application built on ArcBlock with development partners.

Implement Hyperledger Adaptor with Open Chain Access Protocol. Tokens launch in exchanges.

Q3 2018

The first public release candidate for Open Chain Access Protocol (RC1).

Open source Open Chain Access Protocol and its reference implemented on Ethereum and Hyperledger.

Q4 2018

The official release of the Open Chain Access Protocol and adaptors for Ethereum and Hyperledger.

Full ArcBlock platform ready for clients and partners. Platform open to the general public.

Q1 2019

Widespread deployments with more partners and developers.

First DevCon for ArcBlock developers.

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

Whitepaper: https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf

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

IcoHash

https://bitcointalk.org/index.php?action=profile;u=1695141