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1  Alternate cryptocurrencies / Altcoin Discussion / ARC INTEGRAL TOKEN (ARCI) - NEXT GEN COMMUNITY on: May 20, 2019, 02:40:13 AM
ARC Integral Token



Your Future of Next-Gen Community Is Here designed to help community can get better.

What is ARC Integral Token?
ARC Integral Token (ARCI) is using ERC-20 Technology which has emerged as the technical standard used for all smart contracts on the Ethereum blockchain for token implementation. ARCI peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency." ARCI platform designed to help community can get better.

ARC Integral Token using this technology

Blocks
A blockchain, originally block chain, is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree).

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority. Although blockchain records are not unalterable, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been claimed with a blockchain.

Blockchain was invented by a person (or group of people) using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The identity of Satoshi Nakamoto is unknown. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications, and blockchains which are readable by the public are widely used by cryptocurrencies. Blockchain is considered a type of payment rail. Private blockchains have been proposed for business use. Sources such as Computerworld called the marketing of such blockchains without a proper security model "snake oil".

Decentralization
The validity of each cryptocurrency's coins is provided by a blockchain. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

Blockchains are secure by design and are an example of a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been achieved with a blockchain. Blockchains solve the double-spending problem without the need of a trusted authority or central server, assuming no 51% attack (that has worked against several cryptocurrencies).

ERC-20
ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. The majority of tokens issued on the Ethereum blockchain are ERC-20 compliant. As of May 7, 2019, a total of 185,387 ERC-20 compatible tokens are found on Ethereum main network.

ERC-20 defines a common list of rules for Ethereum tokens to follow within the larger Ethereum ecosystem, allowing developers to accurately predict interaction between tokens. These rules include how the tokens are transferred between addresses and how data within each token is accessed.


Details About ARCI Token :

Name : ARC Integral Token
Ticker : ARCI
Total Supply : 5.000.000
Token Type : ERC-20
Token Decimals : 18
Smart Contract Address : 0x7265d4611a9633814E8538871520f2f2f798c726
Etherscan : https://etherscan.io/token/0x7265d4611a9633814e8538871520f2f2f798c726
Whitepaper : https://arcitoken.info/files/ARCI-WhitepaperENv100.pdf

For more details please visit us in https://arcitoken.info/

Telegram Channel Community : https://t.me/arcigroup
Telegram Channel Info : https://t.me/arcitoken

Contact Us
contact@arcitoken.info
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