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What does AR Coin mean? (Is AR Coin an American project?)

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What does AR Coin mean? According to Arbitrum data, Bitcoin produced 29,000 coin

What does AR Coin mean? (Is AR Coin an American project?)

What does AR Coin mean? According to Arbitrum data, Bitcoin produced 29,000 coins (approximately $6) at block height 530,000, while Ethereum generated 10,500 new coins. ArCoin is a digital currency based on blockchain technology. Arcoin is a special virtual machine and cryptographic asset that possesses security, anonymity, and tamper-proof characteristics; and unlike other tokens, it operates on the network.

AR is a peer-to-peer electronic cash system designed to allow users to complete instant cross-border payments.

Is AR Coin an American project?

AR Coin (AR) is a decentralized blockchain project based on Ethereum with the codename “ard.” In December 2018, Arweave founder Michael Egorov stated that he hopes ArCoin becomes a global payment network and plans to establish its own cryptocurrency exchange.

According to reports, in January 2019, the U.S. Securities and Exchange Commission announced that digital asset company Arkane Digital Assets was registered in the United States. It is reported that the company was founded by former Microsoft executives and is backed by tech giants such as Amazon and Apple.

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