Bitcoin Forum

https://i.imgur.com/RLvL9Sx.png (https://arpachain.io/)


The goal of Project ARPA is to separate data ownership and usage, or data renting. We are creating ways for multiple entities (enterprises or individuals) to collaboratively compute data, run big data analysis, while keeping each party’s data private and secure. ARPA’s cryptographic Multi-party Computation (MPC) protocol has obvious applications across industries, including fintech, insurance, advertising, artificial intelligence, healthcare, and more.

With ARPA network, enterprise and individual data can be analyzed or utilized without being exposed to anyone. In return, the data provider will be able to receive fair compensation every time their data gets rented, without putting their privacy at risk.

ARPA is collaborating with conglomerates such as JD.com, SinoChem Group and Fosun Group. Ongoing applications include 1) Joint anti-fraud solution and black list sharing, 2) Smart insurance pricing, 3) Secure risk analytics for financial institutions. In longer term, individuals
can better manage and monetize their private data using secure data wallet.

ARPA has partnered up with the Chinese Academy of Information and Technology (CAICT), Alibaba Group, Baidu, and Ant Financial in making the TC601 Chinese national standard for multiparty computation (MPC).

On December 21, 2019, ARPA was named as China’s Top 10 Most Innovative Blockchain Company by China Enterprise News and China Software Industry Association.

ARPA’s highly-international core team consists of engineers, computer scientists, and blockchain pros who have worked at Google, Amazon, Huawei, Blackstone, and other global enterprises. Members have also worked with academics at Harvard, Carnegie Mellon, Peking
University, University of Tokyo, Tsinghua University, and the University of Michigan.

The ARPA testnet, Astraea, has been live since Feb 23rd, 2019.

ARPA’s pre-alpha version mainnet was launched on January 5th, 2020.

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 ✅ Efficient private smart contract for DApp developers
 ✅ Privacy-preserving individual & enterprise data renting
 ✅ Highly scalable infrastructure via computational sharding

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https://i.imgur.com/611otSp.png (https://arpachain.io/)

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There is big market of platform which promises privacy and security of user data in coming years. Users are now getting more and more concern about there data and are not willing to sell there data for free to tech giants like GAFA.

Yes we are fully aware of that fact, user data privacy and security is one of the core values on which the foundation of ARPA platform stands.

ARPA is built to provide secure computation capabilty as an off-chain solution for most blockchain networks. Source (https://docsend.com/view/t69gzij)

Why your Arpa website is not working?
It opens only blank white page.
I also see not information about Arpa economics anywhere

For real? as far as I know, the project is prohibited to disclose this kind of information due to the NDA.
I have seen a few projects claimed to be listed on a certain exchange but failed to meet it because they broke the NDA.

It works for me, just click the first image above or this link: https://arpachain.io/
You are right, I can not find Arpa's tokenomic on the website and the whitepaper. I also visited the explorer but did not get anything out of it.

this has been in the market for quite some time already so why did the OP decide to create their thread in the forum? based from the markets that you have, you are currently doing great. And with the long list of your investors and partners, I don't think you need more audience. any particular reason why you introduced this project to the forum? curious here...

mining?

pow？  pos？  mn？

Great, but I always say for every platform that I will trust you only when I will see this all happening, since there is too much scam and fake promises in crypto market.
Just show me this is happening on your platform and get my investment.

We are missing out on a vital platform that's the primary reason we created Ann Thread here. There are approx  2.7 million crypto aware users here https://bitcointalk.org/index.php?action=stats. We don't think there is any such crypto platform elsewhere.

We have checked at our end and everything is working fine here.
Are you still not able to access the website?

Good going. But I give you one suggestion that try to accumulate funds from private investors also don't rely on ICO crowdfunding only. The more options you have better are your chances of success.

Obviously they are here for more investment,  they must be here long ago. Good to see successful projects also showing up on the bitcointalk.org. 

This is addressing one key drawback of bitcoin and ethereum i.e. data privacy. Our company have suffered a lot because of this loophole in bitcoin and ethereum blockchain. Using MPC solves the issue of privacy while not impacting the scalability.

That's correct. ARPA is taking the privacy and security of user data to the next level and we delivered what we claimed. You can have a holistic view of our security and services in our Youtube promo video. https://www.youtube.com/watch?v=IwK9Z8r506U

I haven't seen many running projects here. Mostly projects came during initial phase of there crowdfunding. The statistics of ARPA as per coin market cap are good, https://coinmarketcap.com/currencies/arpa-chain/ . Last 24 hours market cap is 1.7 M.

MPC has many real world usage, through MPC business can collaborate on risk control, know-your-customer (KYC), blacklist sharing, security model analysis, distributed key management system. Organizations are looking for solutions based on MPC. 

One key problem that MPC can address and explained by frobes (https://www.forbes.com/sites/yoavvilner/2019/06/15/new-report-illustrates-the-problem-with-cryptocurrency-exchanges/#6635b3526b60) is fake volumes on cryptocurrency exchanges. MPC in the context of exchanges means that "exchanges joining forces to self-regulate, and to expose that they are solvent beyond a precise threshold without revealing the exact financial details of each exchange."

I see. since exchanges don't have to share there actual financial data and that's the biggest cookie they are getting for sharing real data. It will finally bring transparency in exchange data. A thing longly desired by the crypto community.

The team always inspires me. Your research team has 3 Ph.Ds, including one Post Doc from MIT. If the team is convincing only then I follow the project else I just move on.
Hope to see LinkedIn profiles of your team soon.

It is because of this team that we are performing too good. It was not easy to build a solution that can practically solve the problem faced by businesses. 
We have noted your request and will upload LinkedIn profiles of all team members soon.

Bringing everything i.e. security, scalability and decentralization on one table is not easy in case of blockchain. My first impression was it would be a centralized platform. But your whitepaper explains very well that how decentralization is still maintained.

It is difficult but not impossible. ARPA introduced secure computation solution for blockchain as layer 2 scheme., the layer 2 computation solves the scalability issue by taking the consensus computation off the blockchain, only results are verified on the public in case there is a dispute.

it took me a while to understand what this project is about. I think this solution will be in demand for many businesses in the coming days and the price of ARPA coin will deemed to go up. Am I on the right track?

It's fairly cheap at the moment, 0.011797$.
I will keep it in my portfolio. Hope I will get a good surprise in the long run. Wish me luck.

We welcome you on board. Those who foresee the future are embracing the ARPA solution with open arms. Today ARPA coin is very cheap but it won't remain cheap forever. Remember todays 9k$ bitcoin was once 0$.

looks like a hybrid of first and fourth generation of blockchain technology. Bringing privacy and scalability to the public and slow blockchain, its application and usage obviously grow in the future.

This coin is already listed on too many exchanges including Binance, there is not much risk involved in buying this coin at this discounted price. This is obviously not a scam since its a running project. I am placing this in my watch list.


P.S DYOR before investing in this project.

bitcoin and other publicly available ledger technology is  not meant for today's enterprisees that needs privacy as core value.

What's your strategy of Digital Advertising, as mentioned in your use cases?

This is one of the most interesting use case we have. We will build a community of advertisers and consumers, based on user preference ads will be shown. This will defiantly result in better lead generation and all this will happen without any middlemen.

What reward you give to miners who manages your blockchain?

We have a different mechanism as compared to PoS/PoW. 3x Parties are rewarded with total 15 arpa token for every task they perform per 5 minute. More about this here https://explorer.arpachain.io/

are you following timelines mentioned in your roadmaps or they are just a table? I am asking since the roadmap has very congested Quarters. Are you able to meet goals in every quarter?

So far we have achieved everything on time. Our Mainnet is live since Dec 2019, we launched testnet on time. Our coin is already on exchange and trading. We are on security enhancement phase of our project.

any airdrop or bounty program you have to attract more people towards your project. here mostly people come to hunt bounties, your coin has value so many will participate in your bounty program.

Thank you for the valuable suggestion. we are here to target 2.5 million crypto community. those who understand crypto will definalty come and join our ecosystem. right now we don't have any bounty or airdrop in the pipeline, is we have we will definitely post here.

On one you claim that ARPA will share data b/w different parties and on other side you saying parties can still maintain privacy also? Dont you think they both are contradicting each other?

No they are not.
ARPA enables bank to join the compute for risk metrics for borrowers without disclosing borrowers account info to any other party. Traditionally that was not possible but ARPA made it a reality, thanks to MPC. So now banks have better picture of borrowers and no bank is shy in disclosing borrowers info to the pool.

Theoretically that looks fine but do you have any proof of this use case? that how banks are doing this?

Yes we have a demo for this available here ARPA MPC Demo (English Version) (https://youtu.be/jBmt20xgXAg?t=172) (2:52 - 5:17).
Here you can see how three banks share authentic data without disclosing there original data. A win-win sitation for all parties.

I saw its a Chinese project. Government policies in China are not in favor of blockchain technology, this may bring harm to such projects in the long run.

Chinese government is in favour of blockchain technology more then any other government. Last years President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain (https://www.coindesk.com/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain).
ARPA project is working with many government agencies, big Chinese private companies  and overseas. In future, China will be hub of blockchain backed projects.

Yes I know that statement that started biggest bull run of 2019. But he referring to blockchain not crypto. So my point of concern still holds true.

Well where there is blockchain there is crypto and the Chinese government is full aware of this and is fully supporting regulated cryptocurrency projects. Unregulated cryptos are not welcomed by majority of countries.

The way corona virus has put us in quarantine position for months (though new cases are going down and people are recovering) , work from home culture is increasing in many countries like Japan, Korea , Italy. In that scenario I guess such platforms fits very well. Where you need to share data with privacy among other party. 

I think that will be an excellent use-case, even in single office you don't want your data to be seen and analyzed by different parties. Any solution that do so fit very well in that scenario.

The biggest inspiration for starting ARPA is that there is no ready solution in blockchain that provides privacy for exchanging data. Like there is amazon for Goods but nothing like that for data. There will be many more use-case emerge with time.

is this solution intrinsic to ARPA or it can be adopted by other blockchain as well?

The ARPA smart contract is compatible with other blockchains also, which means other blockchains that are looking for such privacy solution can use this. You can see ARPA as AWS of data, we dont see any of your data but we can transfer it privately.

What you will do with unused token, is there any token burning sort of thing?

For Token Burn please follow this link

I saw this projects earlier when they were in here initial phase. Now they are listed on too many exchanges. This shows they are going good. Way more to go.

Here are few more updates regarding our listing

Derivatives Exchange FTX Adds ARPA to its Famous Dragon Index (https://medium.com/@arpa/derivatives-exchange-ftx-adds-arpa-to-its-famous-dragon-index-eacbe2f05361)


ARPA Partners with HitBTC, Listing to Follow on March 9th (https://medium.com/@arpa/arpa-partners-with-hitbtc-listing-to-follow-on-march-9th-98fef6a7d56)

anything for miners? can you mine this coins? any info about mining pool. which consensus algorithm you are following?

We are following Proof of stake consensus algorithm to make this coin energy efficient, you can stake coins at Binance.

and what about your wallet? you have your own wallet.

ARPA is ERC20 cmpatible. To earn reward you can leave it in binancefor instance. If you store it in your own wallet there will be no reward. We recommend Trust Wallet/Ledger nano.

how would you manage lightning speed to your network ? because complex smart contract like this require high processing which will bring the speed down. are you doing compromise on your speed by bringing privacy (encryption or other techniques via your smart contract)?

You can find answer of this question in following video.

https://i.imgur.com/V13XyQD.png1 (https://youtu.be/YxiVwKdfDU0?t=402)

while reading your whitepaper I came across the concept of data renting instead of data selling. whats that, need to know more about that.

ARPA gives a data wallet that lets user monetize its data on blockchain without losing it, means they can sell it again and again to same and different parties since they cant see the original data. Data is stored secrtly on different trust less nodes, anyone want to analyze that data using MPC will have to pay you to access that data.

Wow thats something I have never heard. So If we give someone our data he can do some specific operations on that data but cant cant see the original contents. So we own our data and can monetize it ourselves.
Wts the way to buy the data?

ARPA coin is native token of ARPA eco-system. Anyone can do data renting using ARPA conin, our coin is already on many exchanges.
More about arpa coin here (https://coinmarketcap.com/currencies/arpa-chain/).

Who is supporting your project.
Only founders are sponsoring it or someone from outside is also supporting this project.

There is long list of our investors and parnters. You can view them on following links

1. https://arpachain.io/#investor

2. https://arpachain.io/#partner

Looking at the problems of scalability inherent in some existing blockchain, ARPA's approach will offset this thereby creating more scalability for projects which will enhance the speed of the blockchain. I hope the project eliminates the issues of blockchain congestion in the future.

Data is the new oil of 21st century once there's data theft or exposure, lots of harms can be done to  the individuals who own the data. Privacy security is something everyone should look into to secure lives and wellbeing of others. Storing data on a secure system should be the focus of every data agency. This project can be embraced by all for data security purposes.

Yes you're right. With amazon delivery, only the sender and the receiver have basic knowledge of what is contained in the parcel. This can be applied to data as well whereby only the owner of the data and those in need of such data can have access to it removing third parties access to data. This will enhance data security in the long run. Keep it up.

Your project came at the right time. Off-chain computation will reduce the issue of block size which will in turn eliminate the consistent forks aimed at creating more block size for existing blockchains.

If one doesn't have to wait for blockchain comfirmation time to spend on the blockchain, won't transactions be double spent?

Transactions can't be double spent. The fact that these transactions are computed off-chain doesn't mean they're not mined. Every transaction on the blockchain is mined and added to the block. With off-chain computation, transactions are verified as well and this stops double spending on the blockchain.

Transactions can't be double spent. The fact that these transactions are computed off-chain doesn't mean they're not mined. Every transaction on the blockchain is mined and added to the block. With off-chain computation, transactions are verified as well and this stops double spending on the blockchain.
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Alright, I understand the off-chain technology. I will keep a close watch on the project.

Same here I'm trying to understand how they intend to implement most of the features in their whitepaper.

 Off-chain computation removes block verification costs from each transaction. How will miners get paid mining these transactions?

Costs are not being totally removed to my understanding but rather, it is minized due to the minimized block size which removes multiple block confirmations as is seen in on-chain computation networks
Here is the most interesting part of the project. Off-chain computation solves the problems of on-chain computation at the moment especially that of block size.

If they can market this project well and can deliver their objectives here, they have high chance to make real good in crypto market. The common bottleneck of a starting company is to get customers on board. If they can collaborate with one famous company and show the success of their project, it would be easy to market with others. So I guess, they should partner with at least one or couple of popular companies that will attest the efficiency of their network.

I really like this project, the blockchain-based secure computation network of Multi-party Computation. I see on the roadmap token sale start have detail about date, bonuses and what the minimum investment in this project?

Hi and thank you for the good feedback.

Please be aware t
We will announce all details on our token sale phases in due time to ensure that everyone gets a chance to join in.
If you want to make sure that you don't miss the details, please subscribe to our newsletter or follow our social media.

Good to see the thread of ARPACHAIN. Hope everybody would understand the potential of this coin. . Wishing all the best to ARPACHAIN!  Smiley

One question @ARPACHAIN how to increse the browser mining? What is the approximate date of launching ARPACHAIN  browser app for desktop and mobile?

Thanks for reaching us here
please have alook at our mainnet and test net

you will get all the info

Thanks

Any bounty program live ?

Any investment portal to invest in your coin?

We will update about the bounty very soon
Be in touch
Thanks

Have you conducted private sales to attract investments from large venture capital funds?

Please connect us https://t.me/arpa_community
you will get all the info about our capital investment policy`

How to digital advertising evaluate via ARPACHAIN?

Advertisers can display ads to target customers for relevant products based on massive user behaviour tags, without breaching user privacy

How its secure as Monetization?

Users can 'rent out' data to advertiser for product preference analysis, free of personal data leakage

How many MPC TASKS has been done yet?

Go through with this link : https://explorer.arpachain.io/

When your partnership program is releasing?

Have a look at our progress in technology & project growth in Feb.https://link.medium.com/OMEMEDL6H4

mark

the chart(btc pair in Binance) shows that arpa will take off

just stay to see

Have you read update about burning ARPA tokens this month? if not, please read here https://medium.com/@arpa/arpa-foundation-burnt-10mil-arpa-tokens-b4999930d045
10,000,000 ARPA tokens were burnt in this round. This is worth about $215,000 at the current price.

I was thinking to buy some today but I ran out of funds so tomorrow if the price hasn't gone up too much I will buy some to stake on Binance to get BEL or BELLA TOKEN. Bella protocol is the Defi project that ARPA is launching and is going to make DeFi really good for noobs and professionals alike with it's one click system. I staked 22 BNB coins in Binance as I will get free BELLA tokens and if I can get ARAP two it will be great. The other great potential of BELLA is the fact we won't have to pay the high gas we pay usually when on ramping to other FIAT protocols.

Can you guys post a normal white paper? In txt or pdf? WTF is docsend?

Regards.