What is ARC? All You Need to Know About ARC

BeginnerJan 03, 2024
ARC (ARC) is a blockchain platform for dApp development, using DPoS consensus and supporting smart contracts and decentralized exchanges.
What is ARC? All You Need to Know About ARC

In a rapidly evolving blockchain landscape, marked by innovations like DeFi, NFTs, and metaverse applications, the complexity and fragmentation of the industry have become significant barriers. While rich in opportunities, this diverse ecosystem poses a steep learning curve, often deterring full participation by the general public and hindering mass adoption. Addressing this challenge, ARC emerges as the world’s first decentralized multi-market aggregator, designed to simplify and unify the experience, making the multifaceted world of crypto accessible from a single platform for everyone.

What is ARC (ARC)?

ARC has brought together a team with diverse expertise in both the blockchain industry and the corporate world. At the helm as CEO is TJ Dunham, whose deep understanding of traditional and decentralized finance is key to ARC’s development as a leading aggregator. His background includes managing international trading teams and contributing to award-winning blockchain projects.

Henry Syahputra, ARC’s CTO and scrum master, enhances the team’s efficiency with his extensive experience in technology stacks and blockchain development. His work spans multiple continents and includes designing integrated DEXs and managing complex crypto applications.

George Fox, the COO, combines military discipline with business acumen. His expertise in planning and executing complex operations in high-pressure environments translates seamlessly into driving ARC’s growth and efficiency.

Nick Ashley, the CMO, blends traditional corporate marketing with crypto-specific strategies, effectively positioning ARC in the global market. His diverse experience includes roles in Singapore Airlines and international business development consultancy.

Ryan Kowalczyk, the Community Manager, uses his experience from both civilian work and the military to develop and implement effective community engagement strategies, crucial for ARC’s success in the dynamic crypto space.

ARC stands out for its user-friendly design, comprehensive feature set, and strong commitment to security. It appeals to both institutional-grade investors and retail users by offering advanced trading tools, instant liquidity, and an intuitive interface.

How Does ARC Work? ARC Virtual Machine and Smart Order Routing

At the heart of ARC’s innovative offerings lies the ARC Virtual Machine (AVM), a key component of its Reactor software package. This advanced VM distinguishes itself in the Web3 space with its remarkable speed, being over 90% faster than competing VMs. This speed is vital for efficiently managing large volumes of transactions, particularly in high-demand areas such as decentralized finance (DeFi) and gaming. Achieving this impressive speed is made possible through the use of advanced optimization techniques, including JIT compilation, which optimizes smart contracts in real-time, and a resource-efficient architecture that ensures compatibility across a broad range of devices.

Besides speed, the ARC VM is renowned for its enhanced security features and ability to interoperate with other EVM chains, making it a crucial element in ARC’s technology stack. When integrated with the Reactor GUI, the ARC VM enables developers to quickly ingest, audit, and deploy smart contracts across various blockchain networks, streamlining the development process and cutting costs and potential human errors. This integration highlights ARC’s commitment to providing a user-friendly, comprehensive, and secure environment for blockchain development. As ARC continues to innovate in the blockchain sector, features like the ARC Virtual Machine play a pivotal role in shaping a more efficient, secure, and versatile blockchain development landscape.

This technological innovation sets the stage for ARC’s Smart Order Routing, another key feature in its robust ecosystem.

Source: ARC whitepaper

Smart Order Routing

Smart Order Routing (SOR) is a pivotal technology in ARC’s arsenal, designed to optimize asset trading for its users. This technology scours the global cryptocurrency market to ensure that users secure the best possible deal when trading on the platform. It achieves this by distributing each trade order across a wide array of centralized and decentralized exchanges. This strategy allows the algorithm to tap into the most favorable prices from the available liquidity.

This feature of ARC caters to a broad spectrum of users, from institutional-grade investors seeking advanced trading tools and instant liquidity to retail users who benefit from an intuitive and powerful interface. The SOR system’s efficiency and effectiveness make ARC an appealing platform for both seasoned crypto traders and newcomers. By leveraging this technology, ARC enhances user experience, providing an edge in the fast-paced and competitive cryptocurrency market.

ARC Use Cases

ARC, with its innovative approach in the cryptocurrency ecosystem, offers distinct use cases:

  • Consolidated Multi-Market Aggregator: ARC integrates major centralized (CEX) and decentralized exchanges (DEX), NFT markets, and DeFi apps under one platform. This consolidation simplifies managing digital assets across various platforms, enhancing user experience.
  • Decentralized Wealth Management: Emphasizing user autonomy, ARC provides a non-custodial framework. This approach allows users to maintain complete control over their digital assets, bypassing the limitations and restrictions often imposed by centralized financial entities.
  • Optimized Trading Experience: By employing Smart Order Routing technology, ARC ensures that users receive the best possible pricing. It achieves this by comparing and selecting optimal trade values across a wide spectrum of available liquidity.
  • Intuitive User Interface: ARC’s interface is crafted for accessibility, making it simple for users to navigate and manage their assets. This feature is especially beneficial for newcomers to the cryptocurrency world, providing a straightforward entry point.

ARC’s platform is geared towards making the complex landscape of cryptocurrency trading and asset management more accessible and efficient for a diverse range of users.

What is the ARC Coin?

The ARC Coin is a cryptocurrency that facilitates trading and asset management on ARC. Its maximum supply is capped at 1 billion units, of which 861 million (86.1%) are already in circulation (December 2023).

The ARC Coin ($ARC) is a pivotal component of the ARC ecosystem, distinguished by its strategic tokenomics and versatile use cases.

In its token allocation, 33% is distributed to seed, private, and public investors, 12% is held by the team, 20% is earmarked for rewards and incentives, 15% for CEX, market makers, and partners, and the remaining 20% funds ecosystem development.

Source: ARC whitepaper

Staking $ARC grants users $stARC, a synthetic token essential for training ARC’s AI model, operating a node in the AI database, and participating in governance. $stARC, earned through product engagement and holding $ARC, acts as a ranking mechanism within the ecosystem but cannot be purchased or yield-generated. It is intricately tied to user efforts in AI training and product utilization, highlighting the interconnected nature of ARC’s components. This integration positions $ARC as a cornerstone in ARC’s aim to foster an engaging and dynamic blockchain environment.

ARC Main Features

ARC’s Reactor and Decentralized GUI are key innovations, reshaping the Web3 landscape by enhancing user accessibility and simplifying blockchain interaction for a diverse range of users and applications.

Reactor

ARC’s Reactor is a groundbreaking development in the Web3 space, designed to simplify and democratize access to blockchain technology. This innovative software package streamlines development, significantly reducing costs and human error. With features like the ARC Virtual Machine, a proprietary programming language, and advanced error detection capabilities, Reactor empowers developers with enhanced functionality akin to having an entire team. Its intuitive design and integration of AI technology make it a user-friendly onramp for Web3 adoption, opening the doors to a wider range of users. By facilitating the creation, editing, and deployment of smart contracts across various blockchain networks, Reactor is positioned as a pivotal tool for mass Web3 adoption, mirroring the historical impact of GUI in personal computing.

Decentralized GUI

In parallel, ARC’s Decentralized GUI represents a significant innovation in data management within the digital world. It serves as a semantic, programmatic interface that allows users to construct, manage, connect, and deploy both front-end interfaces and smart contracts within the blockchain and beyond. This decentralized GUI goes beyond traditional block explorer functionalities, offering a clear, transparent method to access and understand code. Users can navigate smart contracts on any EVM chain through a web browser, gaining a comprehensive understanding of functions from both an entity relationship and activity perspective. This decentralized semantic GUI output not only enhances efficiency compared to other methodologies but also redefines the conventional notion of a block explorer. By making code more accessible and understandable, ARC’s Decentralized GUI plays a crucial role in enhancing accessibility and comprehension within the Web3 environment.

Is ARC a Good Investment?

The ARC project’s intricate technology seems to hold significant potential. Its advanced features and functionalities are designed to cater to both traditional users and institutional-level participation. The innovative blend of decentralized finance tools, user-friendly interfaces, and comprehensive market aggregation could position ARC as a valuable tool in the evolving world of blockchain and cryptocurrency.

As with any investment, potential investors should conduct thorough research and consider various factors, including market trends, technological advancements, and their personal investment strategy, before making decisions.

How to Own ARC?

To own ARC, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account, and get it verified and funded. Then you are ready to go through the steps to buy ARC.

News on ARC

According to the update on ARC’s Medium channel dated November 3, 2023, ARC unveiled its ambitious roadmap from Q4 2023 to Q4 2024. The plan includes significant enhancements like the Archimedes Expansion, integrating dynamic search and WalletConnect upgrades, and the introduction of a subscription model. 2024 will witness the integration of the Reactor Engine, boosting token utility and governance. The roadmap also focuses on community engagement, with initiatives like virtual meetups and special rewards. These advancements aim to streamline Web3 interactions, enhance security, and deepen user involvement, solidifying ARC’s position in the evolving Web3 landscape.

Useful References

For the latest updates about ARC, you can visit:

Take Action on ARC

Check out ARC price today, and start trading your favorite currency pairs.

Please follow the instructions for purchasing ARC outlined on Gate.io’s dedicated page.

Author: Mauro
Translator: Cedar
Reviewer(s): Matheus、Wayne、Ashley He
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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