ArcBlock Price

ArcBlock (ABT) is a cryptocurrency that operates on the Ethereum platform. It's designed as a comprehensive blockchain ecosystem for developing and deploying decentralized applications (dApps). The platform uses reusable software components called Blocklets to simplify dApp development, making blockchain technology more accessible. Currently ranked #790 on CoinMarketCap, ABT is trading at $0.247 with a -0.52% change in the last 24 hours. The token has a market capitalization of $24.34M with 98.58M ABT in circulation out of a total supply of 186M ABT. ABT serves as the utility token within the ArcBlock ecosystem, primarily used for transaction fees and platform services. The project focuses on interoperability and DeFi applications, making it part of the broader Ethereum ecosystem. Since its launch in 2018, ArcBlock has established itself as a platform that aims to bridge the gap between blockchain technology and practical, everyday applications.

ArcBlock (ABT) was created on February 26, 2018, when it was first listed on cryptocurrency markets. It operates as an ERC-20 token on the Ethereum blockchain, designed to support decentralized application development and blockchain interoperability. Since its launch, ArcBlock has established itself in the blockchain ecosystem with a focus on marketplace solutions, DeFi applications, and AI integration. Currently ranked #790 among cryptocurrencies with a market cap of $24.34M, ArcBlock continues to evolve its blockchain infrastructure and use cases.

ArcBlock was founded by Robert Mao and Flavien Charlon. Robert Mao serves as the CEO and founder, bringing extensive experience in blockchain technology and software development. Flavien Charlon, the co-founder, is known for his work on colored coins and blockchain innovations. Together, they launched ArcBlock in 2018 with a vision to create a platform that bridges blockchain technology with cloud computing, making decentralized application development more accessible and efficient.

ArcBlock operates as an ERC-20 token on the Ethereum blockchain, powering a decentralized platform designed for building and deploying blockchain applications. The ABT token serves multiple functions within its ecosystem: 1. Transaction fees: Users pay for services using ABT 2. Governance: Token holders can participate in network decisions 3. Staking: Validators stake ABT to secure the network 4. Interoperability: ABT facilitates cross-chain communication The platform uses a unique consensus mechanism that combines proof-of-stake with Byzantine fault tolerance, allowing for high throughput and scalability. With a circulating supply of 98.58M ABT out of 186M ABT, ABT maintains a market cap of $24.34M. The token's price of $0.247 represents a -0.52% change in the last 24 hours, with trading volume reaching $32.57K.

ArcBlock operates on a multi-layered technical architecture designed for scalability and interoperability. At its core, ABT utilizes a hybrid consensus mechanism combining Delegated Proof-of-Stake (DPoS) with Byzantine Fault Tolerance (BFT) to ensure fast transaction processing and network security. The architecture consists of three main layers: 1. Base Layer: Handles consensus, blockchain storage, and network communication 2. Protocol Layer: Implements smart contracts, decentralized identity framework, and cross-chain protocols 3. Application Layer: Provides developer tools, APIs, and services for building dApps ABT tokens are ERC-20 compatible, with a total supply of 186M ABT. The platform features a unique 'Open Chain Access Protocol' that allows seamless interaction between different blockchains, enabling developers to build applications that can operate across multiple blockchain networks simultaneously. The architecture also incorporates AI capabilities for optimizing network performance and security.

ArcBlock has outlined an ambitious roadmap focusing on blockchain interoperability and decentralized application development. In 2025, ArcBlock is expanding its ecosystem with enhanced DeFi capabilities and AI integration, leveraging its marketplace technology. By 2026, the team plans to launch improved cross-chain solutions and expand their developer tools. The 2027 roadmap includes enterprise adoption initiatives and scaling solutions to handle increased network demand. Looking toward 2030, ArcBlock aims to establish itself as a leading platform for interoperable blockchain applications. The project's long-term vision includes continued innovation in the Ethereum ecosystem while maintaining its focus on interoperability, marketplace solutions, and AI integration. With a current price of $0.247 and market cap of $24.34M, ABT has potential for growth as it executes on these strategic initiatives.