Buy ARPA Chain (ARPA)
What is ARPA Network (ARPA)?
ARPA Network (ARPA) is a blockchain-based secure computation network designed to enhance privacy, security, and fairness in decentralised systems. It provides privacy-preserving computation capabilities, secure data sharing, and verifiable randomness for various blockchain applications.
How does ARPA Network (ARPA) work?
ARPA operates as a Layer 2 solution built on Ethereum, with plans to support multiple blockchain networks. It utilises advanced cryptographic algorithms and privacy-preserving technologies, including:
- Threshold BLS Signature Schemes (TSS-BLS): Ensures secure and efficient digital signatures.
- Secure Multi-Party Computation (SMPC): Enables collaborative computations without exposing sensitive data.
- Verifiable Random Number Generator (Randcast): Generates provably random numbers for use in gaming, NFT minting, and other blockchain applications.
ARPA’s infrastructure is designed to seamlessly integrate with existing blockchain networks, providing privacy and scalability enhancements.
What are the potential use cases for ARPA Network (ARPA)?
ARPA supports a wide range of applications across industries such as DeFi, gaming, and healthcare, including:
- Secure Wallets: Enabling privacy-focused wallet development.
- Cross-Chain Bridges: Facilitating secure asset transfers between blockchains.
- Custody Solutions: Providing decentralised and secure asset custody.
- Random Number Generation: Powering fair gaming mechanics and NFT minting.
- Privacy-Preserving Data Analysis: Supporting confidential computations in finance and healthcare.
What is the history of ARPA Network (ARPA)?
ARPA Network was founded in 2018 as ARPA Chain to address privacy and scalability issues in blockchain networks. Key milestones include:
- 2018: Founded as ARPA Chain.
- October 2022: Rebranded to ARPA Network to reflect its expanded focus.
- 224,000+ Computations: Completed tasks on the ARPA Mainnet.
- $76 Million Market Cap: Achieved significant market traction.
- Exchange Listings: Listed on major platforms like Binance.
Notable Features and Partnerships
- Randcast: Developed as a verifiable Random Number Generator for gaming and DeFi.
- Open Layer: Partnered for ecosystem development in October 2024.
- Particle Network: Collaboration for node operations and network expansion.
Evolution of ARPA Network (ARPA)
Initially focused on privacy-preserving multi-party computation (MPC), ARPA has expanded its scope to include verifiable randomness and cross-chain compatibility. The network has gained significant traction in DeFi and gaming, positioning itself as a leading solution for privacy and security in blockchain ecosystems.
Unique Features of ARPA Network
- Cross-Chain Compatibility: Works across multiple blockchain networks.
- Privacy-Preserving Computation: Ensures data confidentiality and security.
- Verifiable Randomness: Supports fair and transparent blockchain applications.
ARPA continues to evolve as a robust platform for secure computation and privacy in decentralised applications.
DCA Calculator
The information presented in this comparison table is for educational purposes only and is not an investment recommendation for your personal circumstances. Past performance is not an indicator of future performance.
The data points in this table are sourced as follows: ASX200 from Google’s ASX200 index price, Gold from ABC Bullion’s website (abc bullion.com.au), and BTC from CoinGecko (coingecko.com.au). All data is recorded at 10 am AEST on the first day of each calendar month.
Related Assets
Resources
Learn More About ARPA Chain
Frequently Asked Questions (FAQs)
What is the current price of ARPA Chain (ARPA)?
The ARPA Chain price is $0.08177263 AUD, representing a -1.9% from the day prior.
Where is the best place to buy ARPA Chain (ARPA) in Australia?
The best place to buy ARPA Chain (ARPA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell ARPA Chain (ARPA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of ARPA Chain (ARPA)?
The trading volume of ARPA Chain (ARPA) is $17.0M AUD in the last 24hrs, representing a -1.9% from the day prior.
How can I buy ARPA Chain (ARPA)?
ARPA Chain (ARPA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of ARPA Chain (ARPA)?
The current market cap of ARPA Chain (ARPA) is $123.6M AUD.
Can I convert ARPA Chain (ARPA) to cash?
Yes - With Coinstash you can convert your ARPA Chain (ARPA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many ARPA Chain (ARPA) are there?
The current circulating supply of ARPA Chain (ARPA) is 1.5B.
Is Coinstash a safe place to buy ARPA Chain (ARPA) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling ARPA Chain (ARPA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.