ARPA Monthly Report | April Progress Review

4 min readMay 9, 2020

Dear ARPA community,

To make sure that fellows of ARPA community are well informed of the latest developments of the team, we will update the project dynamics and progress in ARPA community in our monthly report. Thank you all for your support!

This is April in the rearview. Enjoy!

01 ARPA Development Dynamics & Technology Progress

Staking: Mining Pool

Mainnet mining pool front-end optimization
Mainnet mining pool front-end API access integration test
Mainnet mining pool front-end user process QA
Development test and reconstruction of recharge system, cash withdrawal module, pledge module, MPC reward module
API design, implementation, development, deployment and front-end testing
Mainnet mining process verification
Mainnet pool UX optimization
Increase amount movement correction function

Threshold Signature

SIKE open source library local environment construction
Post-quantum ECDH + SIKE hybrid key exchange protocol survey

MPC

Pluggable general audit framework survey for MPC
Provided MPC robust Hyperbadger framework survey
Improved GMP-based extended domain data structure for pairing operations
96/128 / 160bit traditional encryption strength MPC performance comparison test
Design of MPC preprocessing process based on trusted execution environment
Privacy-preserving computation technology and application horizontal comparison and use cost report writing

02 Community, Marketing & Listings

Cointelegraph Covered ARPA and MPC

The well-known blockchain technology media Cointelegraph took ARPA as an example to deeply interpret the great potential of MPC. The founder of modern MPC, Professor Nigel Smart, retweeted and commented on that Twitter.

MXC x ARPA AMA

On April 13th, ARPA conducted an interactive AMA with MXC on Tiktok.

Felix shared the solution to the DeFi cross-chain problem with threshold signature. The live broadcast received great participation and enthusiastic response, and the total number of viewers exceeded 600 by the end of the live broadcast.

ARPA x Jinse Finance AMA

On April 15th, ARPA co-founder & CEO Felix Xu was invited to the Jinse roundtable conversation to share how blockchain and privacy-preserving computation can be a game changer for information security.

ARPA Listed on Jubi.com

On April 16, ARPA was listed on Jubi.com as the first project after its relaunch. Jubi.com, is a seven-year old exchange, which topped the global trading volume in 2017.

ARPA foundation bought back and burnt 10 million ARPA tokens

This was worth about $100,000 at the current price. The amount burnt has been sent to the black hole address shown below.

Black hole address:

0x168115cf806009f8984f47c90033e9a9705b4f65

TXID:

0xbdce139f5b20236e92545266d47e011738e9ef65e09f96aceb1aae94905354b6

Browser address:

https://cn.etherscan.com/tx/0x2d50d4df7c0423ffcecf2efe15000ec7b0b67f00f97d9a761ac0dc963e973dcc

Binance Launched Monthly ARPA Staking Airdrop Program

Binance, the world’s largest crypto trading platform, opened a new round of ARPA staking program on April 30, 2020, with an annualized return of 15%.

About ARPA

ARPA is a blockchain-based solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to 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. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using information-theoretic Message Authentication Code (MAC).

Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include: credit anti-fraud, secure data wallet, precision marketing, joint AI model training, key management systems, etc. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.

Team members have worked at leading institutions such as Google, Amazon, Huawei, Fosun, Tsinghua University, Fidelity Investments. ARPA is currently assisting the China Academy of Information and Communications Technology in setting the national standard for secure multi-party computation. ARPA is a corporate member of MPC Alliance and IEEE and is in partnership with fortune 500 companies to implement proof-of-concepts and MPC products. In 2019, ARPA was named as the Top 10 most innovative blockchain companies in China by China Enterprise News and China Software Industry Association.

For more information about ARPA, or to join our team, please contact us at about@arpachain.io.

Learn about ARPA’s recent official news：

Telegram (English): https://t.me/arpa_community

Telegram (Việt Nam): https://t.me/ARPAVietnam

Telegram (Russian): https://t.me/arpa_community_ru

Telegram (Indonesian): https://t.me/Arpa_Indonesia

Telegram (Thai): https://t.me/Arpa_Thai

Telegram (Philippines):https://t.me/ARPA_Philippines

Telegram (Turkish): https://t.me/Arpa_Turkey

Korean Chats: https://open.kakao.com/o/giExbhmb (Kakao) & https://t.me/arpakoreanofficial (Telegram, new)

Medium: https://medium.com/@arpa

Twitter: @arpaofficial