Everything about ARPA (ARPA Network) cryptocurrency :
ARPA Network
ARPA Chain constructed an easy-to-use multi-party computing network (ARPA MPC), aiming to solving the problem of data privacy.
1. Project introduction
ARPA Chain constructed an easy-to-use multi-party computing network (ARPA MPC), aiming to solving the problem of data privacy.
Some potential use cases would be:
(1) Developers can use ARPA network to build a privacy dApp without having deep knowledge on cryptography.
(2) The providers of data can separate data utility from ownership and enable data renting.
ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure. Due to the nature of MPC computing, a Layer-2 architecture is adopted. The main network includes smart contract layer, protocol layer, and computing layer. The security of the network is protected by cryptography design (secret sharing and massage authentication code) and economic design (individual account credit system and bidder deposit).
2. Team introduction
CEO: Felix Xu
Linkedin: https://www.linkedin.com/in/felixmxu/
COO: Yemu Xu
Linkedin: https://www.linkedin.com/in/yemu-x-76b01b64/
3. Investment institution
GBIC, XRP Capital, Connect Capital
4. Application and distribution
Total supply: 2 billion
Token application:
ARPA token can be used as deposit of running a computing node and rewards of computing. Nodes participating in the calculation are rewarded with ARPA tokens, and ARPA is used as a security deposit for participating in the calculation, and community governance.
Token distribution:
Private Sale 1: 1.5%
Private Sale 2: 2.5%
Public Sale: 7%
Team: 20%
Foundation: 15%
Ecosystem: 5%
Reserve: 13%
Bootstrap Rewards: 30%
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