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ARPA Chain

ARPA

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About ARPA Chain

ARPA is an Ethereum token that powers ARPA Chain, a computation network that enables privacy-preserving smart contracts, data storage, and scalable off-chain transactions. The ARPA token can be used to pay for data and computation in addition to governing the future of the network.

ARPA, also known as ARPA Network, is a decentralized computation network that strives to enhance the fairness and privacy of blockchains. It utilizes a threshold BLS signature network as the infrastructure for a variety of applications, including a verifiable Random Number Generator (RNG), a wallet with enhanced security, a cross-chain bridge, and decentralized custody across multiple blockchains. ARPA Network is designed with flexibility and verifiability in mind, with the ability to adapt to multiple blockchains, catering to developers' needs in the multiverse.

ARPA Network operates through a unique system architecture of threshold signature scheme (TSS). It employs an innovative protocol design and multiple unique mechanisms, allowing it to adapt the threshold BLS scheme for blockchain. The network is decentralized, with multiple entities in different regions running individual nodes, making it resistant to tampering from a physical perspective. All signatures generated by ARPA Network are verified on-chain before fulfilling the request, ensuring the integrity of the system. The network also adopts an asynchronous non-interactive communication design for the signature generation, aiming to guarantee responsive service and high availability.

ARPA Network has a wide range of potential use cases. Its first application, Randcast, a verifiable Random Number Generator (RNG), offers a cryptographically generated random source with enhanced security and low cost. This randomness, which is resistant to tampering, can be beneficial for metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution. Additionally, ARPA Network can serve as the infrastructure for wallets with enhanced security, cross-chain bridges, and decentralized custody across multiple blockchains. It also supports various applications utilizing the threshold signature schemes due to its flexible network topology.

ARPA was initially known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. Over the years, ARPA Mainnet has completed over 224,000 computation tasks, gaining experience in MPC and other cryptography. This experience laid the foundation for the innovative threshold BLS signature schemes (TSS-BLS) system design, which played a part in the creation of today’s ARPA Network. The network is built by cryptographers, engineers, and entrepreneurs, participating in a decentralized blockchain ecosystem together with the community.

Market

Market stats

Market cap

$112.7M

Volume (24h)

$9.5M

Circulating supply

1.5B ARPA

Typical hold time

16 days

Popularity

#443

All time high

$0.28

Market performance

Price change (1h)

+0.52%

Price change (1d)

-1.03%

Price change (1w)

+7.1%

Price change (2w)

+6.17%

Price change (1m)

+20.34%

Price change (1y)

+18.2%

Coinbase Bytes

Coinbase Bytes

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ARPA Chain is on the rise this week.

The price of ARPA Chain has increased by 0.52% in the last hour and decreased by 1.03% in the past 24 hours. ARPA Chain’s price has also risen by 7.10% in the past week. The current price is $0.0774 per ARPA with a 24-hour trading volume of $9.48M. Currently, ARPA Chain is valued at 71.85% below its all time high of $0.28. This all-time high was the highest price paid for ARPA Chain since its launch.

The current circulating supply of ARPA Chain is 1,457,888,698.4 ARPA which means that ARPA Chain has as total market cap of 1,457,888,698.4.

FAQ

What is the current price of ARPA Chain?

We update our ARPA Chain to USD currency in real-time. Get the live price of ARPA Chain on Coinbase.

What is the market cap of ARPA Chain?

The current market cap of ARPA Chain is $112.68M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of ARPA Chain?

The all-time high of ARPA Chain is $0.28. This all-time high is highest price paid for ARPA Chain since it was launched.

What is the 24 hour trading volume of ARPA Chain?

Over the last 24 hours, the trading volume of ARPA Chain is $9.48M.

How many ARPA Chain are there?

The current circulating supply of ARPA Chain is 1.5 billion.

What is the typical holding time of ARPA Chain?

The median time that Coinbase customers hold ARPA Chain before selling it or sending it to another account or address is 16 days.

What is the relative popularity of ARPA Chain?

ARPA Chain ranks 118 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of ARPA Chain?

Currently, 73% of Coinbase users are buying ARPA Chain. In other words, 73% of Coinbase customers have increased their net position in ARPA Chain over the past 24 hours through trading.

Can I buy ARPA Chain on Coinbase?

Yes, ARPA Chain is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy ARPA Chain guide.