Ethereum
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-0.93% last 24h
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24h vol
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Total liquidity
-
Balance: $0
($34.54 M)
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CoinMarketCap.comARPA Network (ARPA), also known as ARPA Chain, is a decentralized computation network intended to enhance fairness and privacy in blockchains. This privacy-focused Multi-party Computation (MPC) network was launched after 2018 and up to the current time, its Mainnet has executed a significant number of computation tasks. It is important to understand that ARPA Network integrates MPC cryptography and utilizes certain system designs in its construct. One such system is the threshold BLS signature schemes (TSS BLS). This has played a part in influencing the ARPA network. People frequently use the network for purposes such as verifiable Random Number Generators (RNG), highly-protected wallets, cross-chain bridges, and decentralized custody for numerous blockchains. To illustrate, Randcast is one such use, leveraging ARPA's infrastructure. It is a verifiable RNG that provides a comparatively inexpensive random source as compared to other alternatives. Randcast finds its use in areas such as metaverse, games, lotteries, NFT minting, whitelisting, key generation, blockchain validation, and task allocation.
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ARPA Metrics:
Current price: $0.0515
Market cap: $50.54 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $140
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