ARPA Chain update: ARPA Live price, price chart, news and markets

The ARPA price update as of now is $0.01427. In the previous 24 hours, its trading volume was $3,370,076, and its value has decreased by -2.48%. As of now, ARPA's live market cap is $14,054,170, and it is ranked as the #768 on the Coincu. ARPA has a circulating supply of 2,000,000,000 and a maximum supply of 2,000,000,000.

Introducing ARPA Chain (ARPA) ARPA Chain (ARPA) is a privacy protection network that utilizes cryptography. It was established in April 2018 and is dedicated to ensuring complete privacy for individuals. By incorporating Multi-Party Computation (MPC) technology, ARPA Chain introduces a Layer 2 solution computing network based on Blockchain. This innovative platform allows multiple parties to perform various secure computations simultaneously. Addressing Challenges through ARPA Chain Traditional Blockchain technology operates on a single-layer mechanism. While this ensures secure transactions, it often leads to lengthy and inefficient processing times, especially with increased performance requirements. To enhance productivity and tackle scalability issues, many cryptocurrency platforms are focusing on Layer 2 solutions. ARPA Chain offers a Layer 2 structure that allows developers to maximize the platform's potential for building decentralized and secure dApps. The platform comprises of the Protocol Layer and the Computation Layer. Exploring the Protocol Layer The Protocol Layer is responsible for establishing the system for MPC Nodes. It also tracks and reports the status of Nodes within the Blockchain ecosystem. Understanding the Computation Layer The Computation Layer primarily implements MPC for participating Nodes while monitoring any fraudulent activities within the ARPA Chain network. Key Elements in the ARPA Chain Ecosystem Computation Nodes Computation Nodes contribute computing and storage capabilities for multi-party operations. They provide a certain amount of ARPA coins to support the calculations. In the event of canceled calculations, this contribution compensates other Nodes involved in the task. Data Providers Data Providers can be individuals, businesses, or institutions in various fields. ARPA Chain enables them to earn passive profits by securely sharing their data while ensuring privacy through computation. Data Consumers Data Consumers, such as businesses, researchers, and universities, access the data. They pay fees in ARPA coins and benefit from subleasing the data. However, the profit received by Data Consumers is lower compared to Data Providers. Model Providers Model Providers, which can be businesses or individual developers, generate profits from their models. They receive rewards in tokens through model rentals, which can be on a pay-per-use or subscription basis. Data/Model Backers Data/Model Backers are individuals and businesses that invest in the ARPA Chain platform. They receive revenue shares in ARPA coins as a return on their investment. Roadmap for ARPA Chain