ArcBlock tackles blockchain scalability by leveraging decentralized cloud computing

gepubliceerd op by Cryptoslate | gepubliceerd op

ArcBlock has recently released the next milestone in its roadmap-ABT Node, which combines the worlds of cloud computing and decentralized blockchains.

ArcBlock is building a platform for connecting protocol-level blockchains, similar to Polkadot and Cosmos.

ArcBlock is currently ranked 160th based on market capitalization and is currently trading at $0.252 at time of writing.

The ABT token is used for paying for access to the ArcBlock system.

ArcBlock leverages cloud computing servers rather than mining farms to give users the resources they need to build DApps-much like the current paradigm in modern software.

In the first 24-hours of availability, ArcBlock saw more than 10,000 downloads, demonstrating there is strong interest in their approach.

For comparison, the Ethereum network can perform 15 TPS. And, it seems cloud computing companies are taking notice of the new model.

ArcBlock has so far secured partnerships with companies including AWS, Azure, Digital Ocean, Upyun, AURO Cloud, and others.

ArcBlock also recently joined the newly launched Cascadia Blockchain Council as a steering member.

If software developers are able to operate on top of multiple blockchain protocols-and get the computing resources they need-then the pace of application development will be stunning.

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