Arcblock abt #742

$0.590368

0.69% (1d)

Market Cap

$58.2M

BTC Price

FDV

$109.8M

Vol24h

$299K

Circulating Supply

186M abt

Total Supply

Info

Website
Website Whitepaper
Community
Algorithm
Proof Type
Block Reward

0
All Time High

$4.69
ATL Date

05/21/2024

The current price of Arcblock is $0.590368 in USD. As of now, a total of 186M abt are in circulation across the market. Arcblock has experienced a price change of 0.69% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Arcblock trading volume on crypto exchanges has reached $299K.

Description

The ArcBlock Token (ABT) is a general-purpose token native to the ArcBlock platform. The platform has its own optimized blockchain to achieve high-performance transactions, with a goal of >100,000 Tx/s. The ABT is primarily used to pay for the cost of using the ArcBlock system, similar to a utility token. Developers can pay transaction fees for their end-users, which improves the user experience. The ABT maps to ERC20 tokens 1:1, which simplifies token exchanges and allows developers to tie into the Ethereum community. However, the ABT may become obsolete as the platform matures and the community grows.