ARCBLOCK: A comprehensive solution that combines Blockchain technology with cloud computing.
Arcblock is a blockchain ecosystem for building and deploying decentralized applications. The Arcblock Blockchain, is revolutionising the contemporary Blockchain technology by providing services which are lacking in todays blockchain technology. These services will provide solutions to the following problems or setbacks which has slowed down blockchain adoption. In the contemporary society today, Blockchain technology is yet to be known to the masses. And to those who has a basic knowledge of it, it's usage is limited to a major few who has an indepth knowledge and technical knowhow and resources required to use a blockchain effectively.
The reasons for slow Blockchain adoptions includes poor performance of transactions speed. This can be seen in the clogging of networks when large number of users are trying to perform a transaction at the same time. A lot of unconfirmed transactions are on the bitcoin blockchain mempool. This is solely because the Bitcoin network can only perform or handle seven transactions per second while ETH includes just a few more transactions per second on its Blockchain. With the above mentioned transactions time interval, one can vividly see that when larger users want to make transactions, these networks get clogged and transactions gets delayed and users lose out on what they intended doing with such transactions.
Due to the complex nature of today's Blockchain, without a good knowledge of the technology, one can't use it. This has slowed it's adoption. This is because one has to undergo one or two rigorous tasks, before acquiring enough knowledge to use it. Also the high cost of using blockchain has made Developers not to offer any free services and only those who can afford the Blockchain fees can use Blockchain. The inability of Developers to be able to switch between blockchains is also a setback in Blockchain adoption. This is due largely to the Lock-in nature of today's Blockchain.
But Needless to worrying about all these major problems facing blockchain mass adoption, a solution has risen and this is where Arcblock comes in with its primary goal of removing the barriers that have slowed Blockchain adoption among the general public. This Arcblock tends to do by ushering in a new stage of Blockchain 3.0 which will feature all that's not seen in the recent blockchains in order to make Blockchain technology to be user friendly. This will be achieved through its many features and designs.
Through the Arcblocks Open Chain Access Protocol, the freedom to evaluate blockchain protocols and even switch back and forth between different blockchains to get a good and better platform to launch an application is being given to developers. Open Chain Access Protocol eliminates the Lock-in features as seen in today's Blockchain,and enables applications to run on multiple Blockchain fabrics and vastly improving developer and user experiences.
Arcblocks Blocklet feature, is a high level application protocol and can be implemented with any platform or language. Blocklet connects with any existing data source, and performs both on-chain and off-chain computing.
Arcblocks unique design aims to provide high-performance, user friendly, cost efficient and agnostic platform. To access applications built on Arcblocks Blockchain, users can simply access it through Web browsers or download it as apps from appstore. No additional plugin is required for any of this.
Arcblock is a new revolution which will make the understanding of Blockchain technology and use easy to a layman. And to developers, it gives them another edge and concept over their projects. This is because when developers are able to switch between different Blockchain, it will help them better test which Blockchain exactly their project runs better on. It will also help companies to be able to deploy their products on the Blockchain and manager their community as well. Arcblock solves the problem of poor performance providing a 100,000 transactions per second time frame for transactions. Being able to handle such huge transactions in a second, will make users to use the platform without any hassle or difficulty. All these features, makes Arcblock unique and it's a good project happening at the right time. It's quest to expose Blockchain technology more and bring it to the masses it's Arcblocks selling point.
Arcblock tokensale starts on the 3rd of February. Take part in it to be part of those early starters who kick started the project development with their funds.
Useful links
Website: https://www.arcblock.io
Ann : https://bitcointalk.org/index.php?topic=2699379
Whitepaper: https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf?v=4
My BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1016770
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