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ArcBlock

ArcBlock

ABT
#536
$0.1847Up 1.76 percent($0.00)

Key Stats

Market Cap$18.22MUp 1.76 percent
Volume (24h)$55.15K
Fully Diluted Value$34.37M
Vol/Mkt Cap (24h)0.30%
Total Supply186.00M ABT
Max Supply∞
Circulating Supply98.58M ABT
Launch Date2018-02-23
Built OnETH
Token StandardERC20
Smart Contract Address0xB98d…E986
Decimal Places18

ArcBlock Information

Websites
www.arcblock.ioWhitepaper
Industries
Platform

ArcBlock Price Converter

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ArcBlock Markets

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InstrumentExchangeBenchmark DataPrice24h Change
ArcBlockUSD logo
ABT-USD
ABT-USD
coinbase logocoinbase
AA
0.1850USD
2.10%
ArcBlockUSDT logo
ABT-USDT
ABT_USDT
gateio logogateio
A
0.1827USDT
-0.16%
ArcBlockUSDT logo
ABT-USDT
ABTUSDT
latoken logolatoken
D
0.1801USDT
-1.59%
ArcBlockTHB logo
ABT-THB
THB_ABT
bitkub logobitkub
C
6.11THB
0.00%
ArcBlockBTC logo
ABT-BTC
abt_btc
yobit logoyobit
-
0.0₅2210BTC
0.00%

ArcBlock Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
ABTERC20ETH0xB98d4C97425d9908E66E53A6fDf673ACcA0BE9862018-02-23

About ArcBlock

The ArcBlock Token (ABT) is a general-purpose token native to the ArcBlock platform. The platform has its own optimized blockchain to achieve high-performance transactions, with a goal of >100,000 Tx/s. The ABT is primarily used to pay for the cost of using the ArcBlock system, similar to a utility token. Developers can pay transaction fees for their end-users, which improves the user experience. The ABT maps to ERC20 tokens 1:1, which simplifies token exchanges and allows developers to tie into the Ethereum community. However, the ABT may become obsolete as the platform matures and the community grows.

Frequently Asked Questions

ArcBlock is a blockchain development platform and ecosystem designed to simplify the process of building and deploying decentralised applications (dApps). It combines blockchain technology with cloud computing to deliver a service-oriented platform where developers can access reusable services, components, and application infrastructure.

The platform introduces a number of core technologies:

  • Open Chain Access Protocol: An abstraction layer that allows applications to work with multiple blockchains without changing business logic.

  • Blocklet: A serverless, microservice-based application protocol for managing both on-chain and off-chain logic.

  • Cloud Nodes: Cloud-based service nodes that support scalability, security, and decentralisation.

ArcBlock aims to solve performance, usability, cost, and interoperability issues faced by earlier blockchain platforms. Its architecture allows for off-chain computation, seamless user experiences, and the reuse and sharing of application components via the ArcBlock Marketplace.

ABT is the native utility token of the ArcBlock platform. It is used within the ecosystem for various operational and incentive purposes, including:

  • Paying for services: ABT is used to cover the cost of using ArcBlock’s platform services, similar to how cloud service subscriptions operate.

  • Developer staking: Developers may be required to lock ABT tokens when deploying mission-critical services.

  • Ecosystem incentives: Contributors such as miners (both resource and component miners) receive ABT as rewards for supplying compute resources or developing reusable components like Chain Adapters and Blocklets.

  • Marketplace transactions: ABT facilitates exchanges within the ArcBlock Marketplace, where users can obtain and contribute components, services, and applications.

  • Token economy support: Applications developed on ArcBlock can issue their own tokens, which inherit ArcBlock’s features and can interact with ABT where needed.

ArcBlock also enables developers to map ABT to ERC-20 tokens for compatibility with Ethereum infrastructure.

ArcBlock was architected by Robert Mao, who also authored the project's technical whitepaper.