What is Arpa Chain

Article Summary, Automatically Generated By AI

Summary of ARPA Network

  • ARPA Network: decentralized secure computation network for fairness, security, and privacy in blockchains.
  • Infrastructure for:

    • Verifiable Random Number Generator (RNG)
    • Secure wallet
    • Cross-chain bridge
    • Decentralized custody across multiple blockchains
  • Founded in 2018 as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network.
  • Completed over 224,000 computation tasks.
  • Randcast: first application leveraging ARPA as infrastructure, offering cryptographically generated random source.
  • R

About ARPA

ARPA is a blockchain-based secure computation network that enables the creation of a secure and scalable data exchange ecosystem. By leveraging cryptographic algorithms and multi-party computation, ARPA provides a decentralized platform for data sharing and collaboration, ensuring the confidentiality, integrity, and authenticity of data.

ARPA Network (ARPA) is a decentralized secure computation network designed to enhance the fairness, security, and privacy of blockchain ecosystems. The ARPA threshold BLS signature network functions as the underlying infrastructure for a verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody solutions spanning multiple blockchain platforms.

Previously operating as ARPA Chain, a pioneering privacy-preserving Multi-party Computation (MPC) network established in 2018, ARPA has successfully executed over 224,000 computation tasks in recent years. Our extensive expertise in MPC and cryptography has provided a solid foundation for the innovative design of our threshold BLS signature schemes (TSS-BLS) system, ultimately giving rise to the ARPA Network of today.

Randcast, a pioneering verifiable Random Number Generator (RNG), marks a groundbreaking milestone as the inaugural application to harness the power of ARPA as its underlying infrastructure. By leveraging cutting-edge cryptography, Randcast provides an unparalleled random source that boasts superior security and cost-effectiveness compared to existing solutions. A diverse range of applications, including metaverse, gaming, lottery, NFT minting, and whitelisting, key generation, and blockchain validator task distribution, can significantly benefit from Randcast’s tamper-evident and unbiased randomness.

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