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 a logical computer or a virtual machine. ArcBlock also has Miners incentive mechanism to enable their cloud service for both resource and component perspectives which will be paid with a smart contract.
To eliminate the 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 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 is using Decentralized Publish/Subscribe API Gateway & Chain Adapters components on its ends. ArcBlock has set the 100,000 transactions/seconds goal for their design.
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