ArcBlock-"Is a Alatform And Ecosystem Type to Build And Use Decentralized Blockchain Applications"

What is ArcBlock?

ArcBlock is a kind of platform and ecosystem for building and using decentralized blockchain applications. The platform offers more than just important background components, such as For example, controlling complex business rules using blockchain. It is also a chain-link-blocking link-stream system that automates business processes by leveraging data and identities from the existing system. The main purpose of creating ArcBlock is to remove any obstacles that slowed down the progress of blockchain introduction to the public. In order to get closer to this goal, necessary strategies are being developed to develop unique approaches that significantly speed up the process of introducing log cabins.

THE EXISTING BLOCKCHAIN VERSION

1.Poor performance

The blockchain bitcoin uses seven transactions per second, and Ethereum can only handle a few more. As of December 2017, a simple CryptoKitties1 application can slow Ethereum and increase transaction fees dramatically.

2.Not consumer friendly

Nearly all blockchain applications require users to either run a blockchain node or install a "light node."

To attract large numbers of people, blockchain applications need to be as simple as today's web and mobile apps. Blockchain technology should be completely transparent to the consumer.

3.Cost

The extremely high cost of using blockchain technology is a major barrier to mainstream adoption. It also limits developers who need the flexibility to build free services.

4.Platform lock-in

Developers have to decide which blockchain to support, then implement platform-specific code that makes it very difficult to switch to application to a different blockchain later on. They need the freedom to evaluate, use and switch between options. Some applications may even need multiple platforms to provide the best user experience.

5.Lack of features

Most blockchain services paint rich features and do not have the mechanism to encourage the community to contribute to the feature stacks.

ArcBlock wants to solve all the problems above through its revolutionary new design.

THE ARCBLOCK PLATFORM

ArcBlock is a platform and ecosystem for building and deploying decentralized blockchain applications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules. It connects your existing system to blockchain networks, enabling you to automate business processes using the data and identities associated with existing systems.

ArcBlock's Open Chain Access Protocol Enables Open Connectivity Over Multiple Blockchain Protocols. Developers now have the freedom to evaluate block chain protocols, and even 7-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.

Blocklet is another revolutionary component that takes advantage of the latest microservice architecture and serverless computing technology. Blocklet is a high-level application protocol that can be implemented with any platform or language.

Blocklet does more than access blockchains. It connects to any existing data source and performs both on-chain and off-chain computing.

ADVANTAGES

1.Built for the new token economy

The entire ArcBlock service is driven by the token economy. Rather than a basic service platform, ArcBlock is an economy driven by incentive that encourages the blockchain community to build a better ecosystem.

2.Optimized for the best experience

Applications built with ArcBlock offer reactive, real-time experiences. Users can simply access them from a web browser, or download a mobile app directly from an app store. Either way, the process is familiar. ArcBlock dramatically improves the developer experience.

3.Built for the cloud

ArcBlock is designed to run natively in the cloud. It can therefore run on a single computer for testing and development. In ArcBlock, a node can be a "logical computer" of one or more virtual machines, or a group of cloud services working together as a computing environment. This approach marks the next level, including our patent pending technologies.

4.Built with an open standard

We're trying our best not to reinvent the wheel and build for the developer's needs and needs. In addition to open sourcing our core components, we also want to actively contribute to a variety of blockchain technology communities.

Our team members are actively involved with a range of standards organizations, non-profit foundations, and committees. These currently include the W3C Blockchain Community Group Community Group, the IEEE Standard Association's Blockchain Community, the Enterprise Ethereum Alliance, the Linux Foundation, and the Hyperledger Foundation.

ARCHITECTURE

THE TOKEN ICO

The Arcblock token (ABT)

The ARC is designed as a general-purpose token that can be used in different scenarios. Within ArcBlock, the ABT's basic utility value is to pay for the cost of using the ArcBlock system.

Unlike Ethereum or Bitcoin, where users typically pay for each transaction, ArcBlock is a service provider for their end users. This approach vastly improves the user experience.

Token Distribution and ICO event

Volume: 186,000,000 ABT

All tokens pre-minted, no mining required

Maximum token amount for sale: 45%

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

Team (Labs): 15%

Miners (community rewards): 32%

Softcap: 12000 ETH

Hardcap: 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

Private sale hardcap: 25000 ETH

1 ETH = 2052 ABT (minimum 150 ETH, 3000 ETH)

Private sale begins: Jan 12, 2018 7pm cst

PUBLIC SALE

Public sale hardcap: 12500 ETH + 6M CMT

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

The public token event will begin on

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

THE TEAM

Robert Mao: Worked for 3 years as a microsoft engineer, experienced programmer who co-founded and ran pixomobile for 5 years.

Flavien Charlon: So worked for micosoft for 4 years, experience with microsoft azure (cloud system). Co-founded coinprism one of the earliest blockchain start ups.

Jean Chen: Experienced marketer, worked alot in chinese markets with idriver.media and cyzone.cn, essential to spread ArcBlock popularity across the china and then the world!

Joe Wallin: Experience corporate laywer, based in Seattle, provides much needed guidance and framework to enable mass adoption of ArcBlock

Overall I think the team is very filled with all-stars, well poised to carry out their vision forward.

FINNALY

With the need for this product in the market and the strong team i am very excited to participate in this ICO. I reckon this could be the best ICO of 2018 and want to try to participate in their token sale. I hope to welcome all fellow community members reading this to join this project and support it to full fruition.

ROADMAP