ARPA is a decentralized computation network, formerly ARPA Chain, that enhances blockchain privacy, security. More
| Fully Diluted Valuation | $44.52M |
|---|---|
| 24H Trading Volume | $9.79M |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 982.17 M |
| Total Supply | 2.00 B |
| Max Supply | 2.00 B |
| Categories | Animoca Brands Portfolio 5 more |
|---|---|
| Founder | Felix Xu 1 more |
| Website | arpanetwork.io |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Binplorer 5 more |
| Contracts |
0xba5....0b71a
2 more
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| Name | Pair | OG Score |
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ARPA Network, previously recognized as ARPA Chain, has evolved into a decentralized computation network aiming to improve the fairness, security, and privacy of blockchain applications. Established in 2018, it operates as a standalone network, offering a range of features and applications.
ARPA's Evolution:
Originally focusing on privacy-preserving Multi-party Computation (MPC), ARPA Chain transitioned to become ARPA Network. The Mainnet has completed over 224,000 computation tasks, fostering experience in MPC and cryptography, which laid the groundwork for innovative threshold BLS signature schemes (TSS-BLS) system design.
Key Features:
Privacy and Security: ARPA ensures secure off-chain computation by utilizing a proxy smart contract, integrating network nodes with the receiving blockchain. Nodes are incentivized for good behavior, and computation correctness is verified, even under malicious conditions, employing secret sharing and information-theoretic Message Authentication Code (MAC).
Flexibility and Compatibility: Operating as a permissionless standalone network, ARPA allows participants to autonomously join and share computation resources in return for rewards. It is designed to be compatible with major blockchains.
Scalability and Efficiency: ARPA Network comprises two layers - protocol and computation. The protocol layer handles supportive tasks, such as node selection and acting as a bridge between MPC nodes and smart contracts on the blockchain. The computation layer conducts ARPA's Multiparty Computation, ensuring scalability and efficiency.
Use Cases:
ARPA Network's applications are diverse, with its RNG application, Randcast, providing tamper-proof randomness suitable for metaverse, gaming, lottery, NFT minting, whitelisting, key generation, and blockchain validator task distribution. Developers can utilize ARPA for privacy-preserving smart contracts, data protection in fintech and insurance, and secure data transfer in digital advertising.
Accessing ARPA:
For those interested in engaging with ARPA, its native cryptocurrency, ARPA, is tradable on major platforms like Binance, Lbank, and Gate.io. The token serves as the currency for paying for data and computation within the network and plays a role in governing its future.
In summary, ARPA Network positions itself as a contender in the blockchain space, providing a secure, private, and scalable solution. With its focus on adaptability and innovation, ARPA is poised to contribute significantly to the evolution of decentralized computation networks.
ARPA is a decentralized computation network with a focus on privacy, utilizing a threshold BLS signature network for applications such as a verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody. Its innovative threshold BLS signature schemes and MPC experience set it apart, offering privacy, security, and scalability for blockchain networks.
The founders of ARPA, formerly known as ARPA Chain, include a team of cryptographers, engineers, and entrepreneurs who established the privacy-preserving Multi-party Computation (MPC) network in 2018. Their collective experience in MPC and cryptography laid the foundation for the development of ARPA Network.
You can buy ARPA (ARPA) on Binance, Gate.io, BitgetMEXCCoinbase cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of ARPA (ARPA) is ($982,174,603), max supply of ARPA ARPA is ($2,000,000,000) and the market cap of ARPA ARPA is ($21,863,651).
What is the ARPA (ARPA) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of ARPA (ARPA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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Does Coin (ARPA ARPA) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does ARPA (ARPA) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
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As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether ARPA (ARPA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
