What is Arcblock?

Symbol: ABT · Market cap rank: #779

Short answer

Arcblock (ABT) is a cryptocurrency currently ranked #779 by market capitalisation.

Source: isthiscoinascam.com

Overview

ArcBlock is a project initiated in 2018, aimed at developing a blockchain ecosystem that facilitates the creation of decentralized applications (DApps). The project emphasizes bridging the gaps between different blockchains and their respective ecosystems through an open chain access layer. ArcBlock launched its services on March 1, 2018, and has focused on technological advancements to enhance blockchain applications.

The team behind ArcBlock completed its token sale and is working on the Open Chain Access Protocol, with a public release candidate expected in Q3. Future developments include the introduction of new technical features and a prototype known as the Ethereum Blocklet, scheduled for early 2019. The project offers a business model centered on connecting various blockchains and aims to contribute to the growth of the blockchain ecosystem.

Scam-risk analysis

Arcblock has a moderate score — some risk signals were raised but no critical concerns. Is Arcblock a scam?

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