Arcblock Whitepaper

Abstract

The ArcBlock Platform
ArcBlock solves these problems 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.

ArcBlock is an incentive-driven marketplace for reusable services, components, and even applications. “Miners” in ArcBlock platform not only bring computing resources, more over they help to build the platform together by providing reusable components, new services, and even ready to deploy applications. People who contributed resources or services will be rewarded with tokens to form a positive, self-growing platform that continues to evolve on its own. The ArcBlock platform service isn’t our creation alone. It’s developed by the entire ArcBlock community—we’re just kick-starting a new blockchain revolution.

ArcBlock’s introduction of the Open Chain Access Protocol enabled open connectivity over multiple blockchain protocols. Developers now have the freedom to evaluate blockchain protocols, and even switch back and forth between them. The Open Chain Access Protocol makes it easy to implement new blockchains as the technology evolves. It eliminates the platform lock-in issue and enables applications to run on multiple blockchain fabrics, vastly improving the developer and user experiences.

Blocklet is another revolutionary component that takes advantage of the latest microservice architecture and serverless computing technology. Blocklet is a high-level application protocol that can be implemented with any platform or language. It leverages the full capacity of the native platform and offers the same level of performance, rather than running on a low-performing virtual machine.

Blocklet does more than access blockchains. It connects to any existing data source, and performs both on-chain and off-chain computing.

Our unique design aims to provide a high-performance, user-friendly, cost efficient, and protocol-agnostic platform. We believe that ArcBlock represents a major technological advance that will usher in the 3.0 generation of blockchain applications.

Arcblock Website
Arcblock Whitepaper

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