The main purpose of ArcBlock is to build and deploy decentralized blockchain applications. It is a platform that creates connection between user's existing system and blockchain networks. As result, it allows to make the business processes automatic using the data and identities which are connected with existing systems. This platform deals with removing the barriers which have slowed blockchain adoption in general public and with developing unique approaches. These approaches will improve blockchain development. ArcBlock is built for the new token economy and with an open standard. Moreover, it is also optimized for the best experience. It means the platform can improve experience of any developer. ArcBlock doesn`t deal with blockchain protocols that have low level. In order to start developing and testing the applications engineers shouldn't run local blockchain test nodes thanks to mock blockchain adapters.
Challenges and problems with blockchaines today
Blockchain technology is now in the stage of developing. There are a lot of challenges that don`t allow developers to create widespread and decentralized blockchain applications, including bad performance, cost, lack of features and many others. First of all, poor performance is one of the main problems while dealing with current blockchain technology. The platform should handle a large ammount of simultaneous users. So, the reliable and quick feedback is necessary. But when there are longer delays, it can frustrate the users and make applications less competitive in comparison with existing non-blockchain alternatives.
Another big problem facing blockchain technology is the high cost of using it. Sometimes it can be a main barrier to mainstream adoption. For developers it is also bad because they need to build free services flexible. Like in the case with Internet, blockchain technology should bring in free applications for its users because they mustn`t pay for every small act. It can lead to widespread adoption. A free platform can give developers new opportunities to make new services which they can monetize. Furtermore, blockchains have critical “platform lock-in” problems. At first developers should decide which blockchain to support and implement platform-specific code. Sometimes developers don`t want to work only with a certain blockchain technology, but it can be very difficult for them to change the blockchain later. They need to have the freedom in evaluation, using and switching between options. There are applications that require to run on multiple platforms for providing the best user experience.
People lack some features becasuse they have big expectations for blockchain. However, blockchain technology is now only starts developing. A lot of blockchain services don`t have good features and have a mechanism which encourages people to contribute to the feature stacks.
How ArcBlock can solve these problems
Innovative new design which ArcBlock has created solves all these problems. It is a complex solution that unites both blockchain technology and Cloud Computing. ArcBlock is a marketplace for components, services and applications. The ArcBlock platform is developed by the entire ArcBlock community and is going to be a product of a new blockchain revolution. ArcBlock’s introduction of the Open Chain Access Protocol allowed to open connectivity over many blockchain protocols. That`s why, developers nowadays can evaluate blockchain protocols, and even switch between them. Blocklet is another kind of revolutionary components that uses the latest microservice architecture and serverless computing technology. It is an application protocol that can be realized with all platforms and languages. Blocklet accesses not only blockchains, but it also connects to all existing data sources and does both on-chain and off-chain computing. Providing a high-performance, convenient and cost-effective platform is the main aim of its unique design.
Architecture of ArcBlock
Building a scalable, expandable and easy to use platform is the main purpose for ArcBlock. One of the design principles is to pay attention first of all at the user experience. Then performance matters are also very important. What is more, the system should be built on an open standard and Incentive-driven economy. The ArcBlock platform offers a lot of innovative technologies which mainstream blockchain applications and make them easy for the every consumer to use.
The token sale will start on 3rd February 2018 and it will end in 8 days. Token sale closing date is 10th Fevruary 2018.
|Official Website||White Paper||Bitcointalk|
Author: https://bitcointalk.org/index.php?action=profile;u=991117
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