ArcBlock Project and ICO Summary

[nguyenthenguyen]

Project Information

ArcBlock is a platform and an 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 primary goal is to remove the barriers that have slowed blockchain adoption among the general public. We’re also passionate about developing unique approaches that will significantly advance blockchain development.
Underperformed Functionality

The blockchain that Bitcoin uses is designed to handle seven transactions per second, and Ethereum can only handle a few more. In December of this year, a simple CryptoKitties application accounted for lots of network traffic jams on Ethereum and as traffic increased significantly, the transaction fees raised up dramatically. This is a clear example of its limitation on handling large amount of concurrent users makes itself less competitive compared to existing non-blockchain alternatives.

Good known problems with today's blockchains:

poor performance
not consumer friendly
Cost
and many other...
ArcBlock solves through its revolutionary new design. Unlike its predecessors, 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.

Token
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.

Token name   ABT
Total Tokens   186,000,000
Platform   Ethereum(ERC20)

ICO Details
Whitelist

Bonus for the First: 8% BONUS ON PRE-SALE

Min/Max Personal Cap: 0.1 ETH / 50 ETH

PRIVATE SALE | KYC REQUIRED

Private sale hardcap: 25000 ETH
1 ETH = 2052 ABT (minimum 100 ETH, 1000 ETH)
Begins: Jan 12, 2018 7pm CST
PUBLIC SALE | KYC REQUIRED

Public sale hardcap: 12500 ETH + 6M CMT
1 ETH = 1900 ABT (miniumum 0.1 ETH, 50 ETH)
1 CMT = ? ABT (minimum 200 CMT, 150000 CMT) (CMT/Ahttp://BT rate will be locked before the public sale)
Begins: February 3, 2018, at 7pm CST and end on Feb 10, 2018

Contacts
Official Website: https://arcblock.io
Whitepaper
Telegram : https://t.me/ArcBlock
Twitter : https://twitter.com/ArcBlock_io
GitHub : https://github.com/arcblock
Email: contact@arcblock.io

[AIRDROPSQUAD]

Project Information

ArcBlock is a platform and an 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 primary goal is to remove the barriers that have slowed blockchain adoption among the general public. We’re also passionate about developing unique approaches that will significantly advance blockchain development.
Underperformed Functionality

The blockchain that Bitcoin uses is designed to handle seven transactions per second, and Ethereum can only handle a few more. In December of this year, a simple CryptoKitties application accounted for lots of network traffic jams on Ethereum and as traffic increased significantly, the transaction fees raised up dramatically. This is a clear example of its limitation on handling large amount of concurrent users makes itself less competitive compared to existing non-blockchain alternatives.

Good known problems with today's blockchains:

poor performance
not consumer friendly
Cost
and many other...
ArcBlock solves through its revolutionary new design. Unlike its predecessors, 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.

Token
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.

Token name   ABT
Total Tokens   186,000,000
Platform   Ethereum(ERC20)

ICO Details
Whitelist

Bonus for the First: 8% BONUS ON PRE-SALE

Min/Max Personal Cap: 0.1 ETH / 50 ETH

PRIVATE SALE | KYC REQUIRED

Private sale hardcap: 25000 ETH
1 ETH = 2052 ABT (minimum 100 ETH, 1000 ETH)
Begins: Jan 12, 2018 7pm CST
PUBLIC SALE | KYC REQUIRED

Public sale hardcap: 12500 ETH + 6M CMT
1 ETH = 1900 ABT (miniumum 0.1 ETH, 50 ETH)
1 CMT = ? ABT (minimum 200 CMT, 150000 CMT) (CMT/ABT rate will be locked before the public sale)
Begins: February 3, 2018, at 7pm CST and end on Feb 10, 2018

Contacts
Official Website: https://arcblock.io
Whitepaper
Telegram : https://t.me/ArcBlock
Twitter : https://twitter.com/ArcBlock_io
GitHub : https://github.com/arcblock
Email: contact@arcblock.io

Good point, but honestly i'm still not understand. You said arcblock will solve to congestion ethereum traffic, but this token is ERC20 based right? Which is also using ethereum network. So where is the solution? Is arcblock will make their own blockchain?

[nguyenthenguyen]

As you know, there is now a pure blockchain project of the same platform as Bitcoin (1.0) and Ethereum (2.0), which is of great interest to the community. It's ArcBlock, Blockchain 3.0. Currently the project is still under development, website and community building, ANN thread just appeared on the BCT.

[MrSpasybo]

...

Good point, but honestly i'm still not understand. You said arcblock will solve to congestion ethereum traffic, but this token is ERC20 based right? Which is also using ethereum network. So where is the solution? Is arcblock will make their own blockchain?

I don't think they will build a new blockchain, they will use new solutions like openchain, cloud-node ... to upgrade the current blockchain technology, create a friendly environment to reach and work with blockchain.

[Snarks]

Where do all those ArcBlock threads come from? This is I think the 4th I've seen in a single day. What makes it so special? Probably a good pay to advertise it.

Even that tagline is misleading. It's not a new blockchain so how can it be called blockchain 3.0?

[ZaoXhou]

Where do all those ArcBlock threads come from? This is I think the 4th I've seen in a single day. What makes it so special? Probably a good pay to advertise it.

Even that tagline is misleading. It's not a new blockchain so how can it be called blockchain 3.0?

Yes it's very misleading, and also very weird these threads come out of nowhere  almost always from newbie accounts.

[CloudM]

Yeah these new accounts' activities look a bit suspicious, still if this ArcBlock team really implemented what they claimed in their whitepaper, then it would be a huge improvement on the current blockchain tech, they're trying to connect up the existing blockchains to make a universal eco-system...if this happens, pretty much like uniting intranets into the world-wide-web in the 1990s.

[lakimens]

Jesus christ... I just posted this in another thread about this..

Why are you still shilling this bitch?
Look at this. 90% of the results say it's scam..

[sarjilcse]

Jesus christ... I just posted this in another thread about this..

Why are you still shilling this bitch?
Look at this. 90% of the results say it's scam..

Yes i don't know what's going on.. i see a lot of thread about ArcBlock. nguyenthenguyen,this guy posting about ArcBlock constantly in many threads like altcoin discussion,bitcoin discussion etc. what if you made a good point. people should understand about ArccBlock. i think they are scam. because when i search it on google, i saw many scam post about it. here you see : ArcBlock Scam

[Tynovten_]

so much discussion about arcblock, and much of them say that it's a scam. with various arguments and evidence that strengthens it but we can only wait for what will happen in the end.

[sourish]

Seems to be another way of creating awareness, discussion and research. Though it seems to be backfiring on all accounts given the reactions here.

[manoj6233]

arcblock project and ico summary. Project InformationArcBlock is a platform and an ecosystem for building and deploying decentralized blockchainapplications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules. Source : Anvi , medium · in 2 ...
Project InformationArcBlock is a platform and an ecosystem for building and deploying decentralized blockchainapplications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules

[G14tz87]

A brief summary of ArcBlock
Arcblock is an ambitious project that aims to build and introduce us to the era of blockchain 3.0 that features blockhain 1.0 (bitcoin) and features blockchain 2.0 (ethereum) simultaneously.ArcBlock is a thriving ecosystem. an ever-evolving blockchain to answer and meet market needs. ArcBlock is an incentive driven economic system that directly encourages blockchain communities to work together to build a better ecosystem.
The reason ArcBlock became the best ICO as our investment goal.
All ArcBlock issues aim to solve real-world problems with current blockchain. with scalability> 100,000 per second transaction, ease of use, cross-community community and flexibility.

[OrcaTech]

ArcBlock is a very interesting project. On the one hand a strong team, roadmap and WP promises to create a strong technological project. On the other hand the last few days there are more reports of scams.. Although I think this is the machinations of competitors and ArcBlock will still fire and the token will fly to the moon! 

[easemypain]

To Arc block community, their main concern is not just to create a blockchain technology as it is previously built by other communities (bitcoin, ethereum, ripple, cadano etc.) but, to create a platform with a great impact on the developers experience, with the provision of (mock block adapters) to assist, this innovation is exceptionally unique from another blockchain.

[easemypain]

the Arcblock platform, the World's first blockchain ecosystem for building and deploying decentralized applications. how far we have come from the project getting less awareness and to the project gaining more grounds. so many hurdles within the period of pre-sales campaign: alert of scam alert, the wrong website to defraud people of their funds, but the team are highly composed to be able to curb the situations, changing the spreadsheet several times for a good course and here we are close to the token sale just in the next 45 hours. kudos to the arc-block team see you all at the top.

[easemypain]

The cryptocurrency designed to be used in the Arcblock platform is the ABT tokens, The ArcBlock tokens will fuel the platform because that is what is been used as a compensation for the services rendered by the miners and every other individual that contribute immensely to the system, meaning every “miners”, is get their financial incentives in ABT tokens.

[easemypain]

The cryptocurrency designed to be used in the Arcblock platform is the ABT tokens, The ArcBlock tokens will fuel the platform because that is what is been used as a compensation for the services rendered by the miners and every other individual that contribute immensely to the system, meaning every “miners”, is get their financial incentives in ABT tokens.