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ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. ARPA threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge and decentralized custody across multiple blockchains.
ARPA was previously known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. ARPA Mainnet has completed over 224,000 computation tasks in the past years. Our experience in MPC and other cryptography laid the foundation for our innovative threshold BLS signature schemes (TSS-BLS) system design and led us to today’s ARPA Network.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness.
What is ARPA?
ARPA (ARPA) is a cryptocurrency that redefines privacy and secure computation within the blockchain ecosystem. Emerging from its roots as ARPA Chain, this decentralized network leverages advanced cryptographic techniques to enhance blockchain fairness, security, and privacy. Central to ARPA's architecture is its threshold BLS signature network, which underpins a range of applications including verifiable Random Number Generators (RNG), secure wallets, cross-chain bridges, and decentralized custody solutions.
Founded in 2018, ARPA has evolved through its expertise in Multi-party Computation (MPC), completing over 224,000 computation tasks. This foundation paved the way for its innovative threshold BLS signature schemes (TSS-BLS), which are integral to its current network design. Randcast, a notable application of ARPA, offers a cryptographically secure RNG that provides tamper-proof randomness for diverse applications such as metaverse projects, gaming, lotteries, NFT minting, and blockchain validator task distribution.
The ARPA Network's infrastructure supports these applications by ensuring low-cost, high-security random number generation, crucial for maintaining integrity across multiple blockchain platforms. This focus on privacy-preserving computation and secure infrastructure positions ARPA as a pivotal player in the blockchain landscape, continually advancing the capabilities of decentralized networks.
What is the technology behind ARPA?
The ARPA Network (ARPA) stands as a beacon of innovation in the realm of blockchain technology, intertwining privacy and security with its advanced cryptographic methods. At the heart of ARPA's technology is the threshold BLS signature scheme (TSS-BLS), a sophisticated cryptographic protocol that enhances the security and efficiency of blockchain operations. This scheme is pivotal in ensuring that digital signatures are both secure and verifiable, a crucial aspect for maintaining trust in decentralized systems.
Diving deeper, ARPA's foundation is built upon a privacy-preserving Multi-party Computation (MPC) network. This network allows multiple parties to jointly compute a function over their inputs while keeping those inputs private. Imagine a group of people wanting to calculate the average of their salaries without revealing individual amounts; MPC makes this possible. This technology is not only about privacy but also about enabling secure computations across different entities without exposing sensitive data.
ARPA's infrastructure supports a variety of applications, with the verifiable Random Number Generator (RNG) known as Randcast being a prime example. Randcast provides a cryptographically secure source of randomness, which is essential for applications like gaming, lotteries, and NFT minting. The randomness generated is tamper-proof, ensuring fairness and unpredictability, which are critical in these domains.
The network also plays a significant role in enhancing cybersecurity and data management. By leveraging its cryptographic prowess, ARPA offers solutions for secure wallets, cross-chain bridges, and decentralized custody. These features allow for secure transactions and data exchanges across multiple blockchains, reducing the risk of attacks from malicious actors. The threshold BLS signature scheme further fortifies this by ensuring that even if some nodes in the network are compromised, the overall system remains secure.
In terms of preventing attacks, ARPA employs a decentralized approach, distributing tasks and data across various nodes. This decentralization makes it challenging for attackers to target a single point of failure. Additionally, the use of advanced cryptographic techniques ensures that data remains encrypted and secure, even if intercepted.
The versatility of ARPA's technology extends to improving remote productivity and data storage. By enabling secure and efficient computations, businesses and individuals can collaborate remotely without compromising on data security. This capability is increasingly important in a world where remote work is becoming the norm.
ARPA's journey from its origins as ARPA Chain to its current form showcases its commitment to advancing blockchain technology. The network has completed over 224,000 computation tasks, demonstrating its robustness and reliability. This extensive experience in MPC and cryptography has laid a strong foundation for ARPA's innovative solutions, positioning it as a leader in secure computation networks.
In the ever-evolving landscape of blockchain technology, ARPA continues to push the boundaries of what's possible, offering a secure and private infrastructure for a wide range of applications. Its commitment to privacy, security, and efficiency makes it a vital player in the ongoing development of decentralized systems.
What are the real-world applications of ARPA?
ARPA Network (ARPA) is a decentralized secure computation network designed to enhance the fairness, security, and privacy of blockchain systems. One of its standout applications is Randcast, a verifiable Random Number Generator (RNG) that provides cryptographically secure random numbers. This RNG is crucial for applications like the Metaverse, gaming, lotteries, NFT minting, and whitelisting, where tamper-proof randomness is essential.
Beyond Randcast, ARPA Network supports multi-chain operations, serving as a foundational infrastructure for secure wallets, cross-chain bridges, and decentralized custody. This multi-chain support allows ARPA to facilitate secure transactions and interactions across different blockchain networks, enhancing interoperability and security.
In the realm of financial technology, ARPA's privacy-preserving capabilities enable secure data computation and storage, which is vital for maintaining confidentiality in sensitive transactions. Its applications extend to artificial intelligence and the Internet of Things, where secure data sharing and computation are necessary for efficient operations.
Healthcare and digital advertising also benefit from ARPA's secure computation network. In healthcare, it ensures the privacy of patient data while allowing for collaborative research and analysis. In digital advertising, ARPA enables privacy-preserving data marketplaces, ensuring that user data is protected while still allowing advertisers to target audiences effectively.
ARPA's infrastructure supports key management, blind voting, and dark pool trading, providing secure and private solutions for these complex processes. Personal data wallets are another application, allowing individuals to manage their data securely and privately.
The decentralized nature of ARPA Network allows anyone to run a node, contributing to its security and decentralization. This open participation model ensures that the network remains robust and resistant to centralized control, fostering a secure environment for its various applications.
What key events have there been for ARPA?
ARPA Network (ARPA) stands out as a decentralized secure computation network designed to enhance the fairness, security, and privacy of blockchain systems. Initially launched as ARPA Chain in 2018, it was built on the foundation of privacy-preserving Multi-party Computation (MPC). This early focus on MPC and cryptography paved the way for the development of innovative threshold BLS signature schemes (TSS-BLS), which are integral to ARPA's current infrastructure.
One of the pivotal moments for ARPA was the introduction of Randcast, a verifiable Random Number Generator (RNG). Randcast is the first application to utilize ARPA's infrastructure, offering a cryptographically secure random source that is both cost-effective and highly secure. This RNG is particularly beneficial for applications in the metaverse, gaming, lotteries, NFT minting, and blockchain validator task distribution, providing tamper-proof randomness essential for these sectors.
The ARPA Mainnet has achieved significant milestones, completing over 224,000 computation tasks. This accomplishment underscores the network's capability and reliability in handling complex computational processes. The completion of these tasks highlights ARPA's role in providing decentralized services that are crucial for various blockchain applications.
ARPA's journey also includes its listing on multiple cryptocurrency exchanges, broadening its accessibility and adoption within the crypto community. This expansion has facilitated greater engagement with developers and users, further integrating ARPA into the broader blockchain ecosystem.
The network's evolution from ARPA Chain to ARPA Network reflects its commitment to advancing blockchain technology through secure and efficient computation solutions. By serving as the infrastructure for verifiable RNG, secure wallets, cross-chain bridges, and decentralized custody, ARPA continues to play a vital role in enhancing blockchain functionalities across multiple platforms.
Who are the founders of ARPA?
ARPA (ARPA) is a decentralized secure computation network designed to enhance blockchain security, privacy, and fairness. The founders of ARPA are Felix Xu and Yemu Xu, with Felix Xu also serving as CEO alongside Lei Zhang. Felix Xu is known for his expertise in cryptography and entrepreneurship, contributing significantly to ARPA's development. Yemu Xu, a cryptographer and engineer, played a crucial role in establishing ARPA's technical foundation. ARPA, initially known as ARPA Chain, was founded in 2018 and has since evolved into a robust network supporting applications like Randcast, a verifiable Random Number Generator.
The live ARPA price today is $0.045809 USD with a 24-hour trading volume of $33,952,745 USD. We update our ARPA to USD price in real-time. ARPA is down 1.94% in the last 24 hours. The current CoinMarketCap ranking is #459, with a live market cap of $69,610,516 USD. It has a circulating supply of 1,519,586,598 ARPA coins and the max. supply is not available.