[ANN][ABT] ArcBlock - BORN FOR BLOCKCHAIN 3.0

[GeorgCoin]

We a all tired of alot of coins which come without any innovations . Ppl just copy same idea or make ETH copy erc20 token and nothing else.
When project like Arcblock comes to market with idea like Blockhain 3 it will make alot of hype and price growing and ppl get alot of intresting in that .
I hope devs will make best project and we will see best prices in near future to let ppl make money and help to project !

The project is definitely a strong team and a good idea, let's hope that they implement everything that is described in white paper.

In any case, I plan to take part in ICO, I think it's worth it, all the same it's blockchain.

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[go4crypto]

Great project and will be a very hot ICO. Too bad it is not open for my country to participate in. Will have to do with bounty
and wait for tokens to start trading on exchanges.

[GeorgCoin]

I am also sorry that my country can not participate in this ico. I would be very happy to have taken part. We will wait for the token on the exchange!

Unfortunately, many could not get due to the large number of participants, in any case we have a good opportunity to purchase after the release of the token on the exchange. I think the token will grow strongly in price.

[CryptoWhaler]

Who will be the typical user of Arcblock?

Has any entity expressed willingness to adopt Arcblock?

What value added function(s) will the ABT token perform?

[mojn]

can someone explain whats new with this project ?

[Marahunter]

can someone explain whats new with this project ?

recent news of partnership with Bibox is huge. Bibox are a digital asset exchange utilizing AI in their operations

[Nikolangeles]

I am waiting for the feedback on the Blockchain Connect conference in San Francisco. It's great that they are there.

[revenant2017]

can someone explain whats new with this project ?

If you knew ethereum, there is something and good about it's technology that is about to be developed. One notable feature is the Open Chain Access Protocol. This will be known as the Blockchain 3.0 someday and for sure it'll easily be adapted with the other tools being offered. You can read more on Arcblock's whitepaper here : https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf?v=4

[MrSpasybo]

Do we know something about the gas? Or it will be a gas war?

Many investors are waiting for ArcBlock Public-Sale, which begins on February 3, 2018, which means extremely high competition. So how can you buy the ABT? The answer is to pay a high transaction fee so that your order is validated firstly. But how much is enough?
200,000 gas * 50 Gwei = 0.01 ETH = $10 USD?
Or more? CryptoKitties will bite your order?!
I think the transaction fee is not a problem with Sharks & Whales, but for private investors like us, we have to consider, don't forget:
0.01 ETH = 19 ABT ( = $19.000 USD in future?!)

I think there is no need to put such more GAS(like 200.000). I have send Ethereum yesterday and the price was 21000 Gas(like before CryptoKitties). And it was very fast(2-5 minutes).

You confuse the price of gas and the gas limit. Gas limit for transfer eth = 21000, for interaction with smart-contracts bellow 100000. Do not lower the recommended gas limit by team of project
Gas price depends on network load of etherium

Actual gas prices - https://ethgasstation.info (it's very usefull site, take bookmark). Now standart gas price is only 2 Gwei

P.S CryptoKitties already dead

About to say the same. I would definitely recomment using ethgasstation as reference to gas prices. You actually don't need to pay higher gas prices to be the first one. You just have to be on-time. Important note, Arcblock is going to lower the ETH cap for public presale and i'm pretty sure, only a few people from 100,000 KYC applications have many ETH's to risk.

Thanks for the information about the crazy cats.

I am worried because the Sharks / Whales, who own 75,000 ETH and have been disqualified from the Private Sale, are also having gas / gwei strategies to buy as many ABT tokens as possible.

[MrSpasybo]

Great project and will be a very hot ICO. Too bad it is not open for my country to participate in. Will have to do with bounty
and wait for tokens to start trading on exchanges.

Sympathize with you!
Go ahead with bounty campaigns and get as many ABT tokens as possible. ABT tokens will wait for you on the major exchanges!

[NOCTLJRNE]

Hi, according to this WP, https://arxiv.org/pdf/1607.01341.pdf Algorand's tech are subject of patent application, so how can you use it for commercial use ? What will you do if you don't get the permission of the patent's owner ?

[vk279]

I haven't any body post in this thread that they are verified. Could somebody please let me know if they got verified for the KYC yet?
It is concerning that it still says "verification in process" when I login.
I am really excited and looking forward to this ICO and I don't want to miss out on this.
Thanks in advance.

[jaredl]

ArcBlock will be an amazing success. I think we can all see from the overwhelming KYC applications as well as the number of telegram participants.

The thing about ArcBlock is that what they are building is something revolutionary and yet the idea behind it is simple.

The team wants to make blockchain achieve mainstream adoption and remove the challenges blocking this.

If you do read the whitepaper carefully ( i read it 3 times to really understand it) and listen to what the team is talking about in telegram,

you will understand that the technology they want to build is about a platform that will make it easier for users (with or without blockchain

knowledge) to be able to use applications (DApps) powered by blockchain without even knowing they are using DApps.

This is because users will interact with DApps from browsers as well as downloading DApps from app store or play store.

This is a great idea in Change Management for the traditional space to crypto space.

People will begin to use DApps but yet do not know that the blockchain is behind it.

This is how amazing ArcBlock will be.

And hence the success of the ICO is certain.

I agree with you on many points. After reading the whitepaper, a few very important things became apparent.

Arcblock is not only trying to solve some of the issues the older blockchains have such as speed and transaction cost, but also as you mentioned, that anyone even without the knowledge of the blockchain or Dapps, has the opportunity to use this technology. It will allow business to link their operations to the blockchain.

Furthermore it spoke on another important topic, there are so many different blockchains, and coins currently available, which makes it even more difficult for the layman to grasp what the benefits of crypto and the blockchain are. Arcblock looks to simplify that, as they are only looking to jump-start this platform and form a community that contributes to the platform and continues to grow it over time.

This project has great potential, it looks to fill the gaps left by the older blockchains, and make blockchain technology more accessible and streamlined.

Yes this is why I like ArcBlock. While they are creating a very advanced platform that will not only help to incentivize and resolve many of the

existing blockchain issues, they also have a clear aim of making blockchain simple for the average user.

This is what is admirable about this project and I think the incentivization model of ArcBlock will help to bring more developers and resources onto

this platform and evolve ArcBlock to one of the most commonly used platform and protocol.

Being able to create blocklets and api to connect to different blockchain will mean that DApps developers will be able to increase their speed to

market as they can now use ArcBlock to deploy their DApps on various blockchain without having to rewrite their codes. They simply have to use

the Open Chain Access Protocol provided by ArcBlock.

This project is really getting a lot of attention and popularity and their KYC applications is now through the roof. They had over 100,000 KYC

applications which will translate to a huge sell-out TGE.

I foresee this to be one of 2018 top ICO.

[xcajun21]

I like this particular answer https://www.reddit.com/user/mave99a

We just became IBM PartnerWorld member, and as seen in the white paper, we do have plan to support IBM Cloud (Bluemix) in the future. We have also become a member of SAP's blockchain co-inovation program, which is a preview edition of SAP blockchain solution and we might consider to support for some of our enterprise client. There are more business partnership to be announce in the coming future.

They support Bluemix, Amazon AWS cloud solutions and are planing to release more open source stuff for open standard, thus they partner these companies.

[kazoubg1]

I like this particular answer https://www.reddit.com/user/mave99a

We just became IBM PartnerWorld member, and as seen in the white paper, we do have plan to support IBM Cloud (Bluemix) in the future. We have also become a member of SAP's blockchain co-inovation program, which is a preview edition of SAP blockchain solution and we might consider to support for some of our enterprise client. There are more business partnership to be announce in the coming future.

They support Bluemix, Amazon AWS cloud solutions and are planing to release more open source stuff for open standard, thus they partner these companies.

More and more good news on their projects. Many big investors are interested in this project in the future. it's really different.

[EMS-007]

I joined the signature campaign. but I do not know if I would like to participate. How can I learn this?

Did you request first the bounty with @Phoenixwall in the Telegram before you join the signature campaign?

[Alohaboy?!]

I haven't any body post in this thread that they are verified. Could somebody please let me know if they got verified for the KYC yet?
It is concerning that it still says "verification in process" when I login.
I am really excited and looking forward to this ICO and I don't want to miss out on this.
Thanks in advance.

Yes I got verified and actually pretty fast. You got more than a week left, so don't worry

[yeyz20171031]

The Arcblock project is still very high, and the coin exploration has an interview, the questions and the answers are very professional. Some of the white papers don't know how to find the answer there

[VladKem]

ArcBlock is a platform and an ecosystem for creating and deploying decentralized applications. The platform goes beyond providing the necessary basic components to use the blockchain for business rules. It connects your existing system to network blocking goals, which allows you to automate business processes using data and identifiers associated with existing systems. The main objective of ArcBlock is to remove barriers that have slowed the adoption of the block chain among the general public. We are also passionate about developing unique approaches that will significantly improve the development of detachments.

[Madlen]

ArcBlock solves these problems with a revolutionary new design. Unlike its predecessors, ArcBlock is a platform, not a separate software package or set of APIs. ArcBlock is a complete solution combining blockchain technology with Cloud Computing. ArcBlock is an incentive-oriented market for reusable services, components and even applications.