What’s ABT (ArcBlock Token)?

ABT is a ticker symbol for the ArcBlock Tokens in ArcBlock, a blockchain platform service. To support Cloud computing, A Nodes in ArcBlock can be logical computer or virtual machine. ArcBlock also has Miners incentive mechanism to enable their cloud service for both resource and component perspectives which will be paid with smart contract.

To eliminate platform lock-in issue, ArcBlock has introduced its key components. The abstract layer: Open chain access Protocol and  the customizable serverless microservice applications: Blocklets both in which facilitate the access in any blockchain,  data source connection, on-chain handling or off-chain computing, and events triggered by complex logic and smart contracts. The connection between user’s Apps & Blockchains are using Decentralized Publish/Subscribe API Gateway & Chain Adapters components on its ends. ArcBlock has set the 100,000 transaction/seconds goal for their design.