ARPA Monthly Report | December Progress Review
Dear ARPA Community,
To ensure that the ARPA community is well-informed on the team’s latest improvements, we update ARPA’s development dynamics and progress through our monthly report. Thank you all for your support!
Here is a look back at December. Enjoy!
01 ARPA Development Dynamics & Technology Progress
- Added L2-related scenario test cases to the existing suite
- Published and continuously follow up on bug bounty on Immunefi
02 Community, Marketing & Listings
Community Pool Staking Program Round II Now Live
On December 31st, ARPA launched the Community Pool Staking Program Round II, following the resounding success of our initial 6-month program that began in late June 2023. A heartfelt thanks goes out to our community for your steadfast support during Round I. We warmly invite you to join us in the next phase of ARPA’s ecosystem expansion.
The ARPA Network Community Pool Staking Program is an initiative designed to reward our early supporters. It’s a great opportunity for those interested in contributing to our network’s growth while earning passive income. The program is tailored for participants who prefer not to run a node. Through our user-friendly staking portal, ARPA token holders can easily stake their tokens. This not only contributes to the network’s robustness but also allows stakers to earn an attractive yield. We encourage both new and returning participants to take advantage of this opportunity to be a part of ARPA’s exciting journey ahead.
Introducing ARPA’s Korean Community Accounts
On December 28th, we made a significant stride in global outreach by introducing @ARPA_Korea on Twitter and ARPA Korea on Telegram. This initiative is a step towards strengthening our global presence and fostering closer ties with our Korean audience. By providing dedicated channels for our Korean community, we aim to ensure more personalized and accessible interactions, updates, and support.
ARPA Released a Layman’s Guide to Cryptography in Decentralized Systems
On December 26th, we published an enlightening piece on the crucial role of cryptography in decentralized systems. Aimed at both beginners and enthusiasts, this article demystifies the complex world of cryptography, revealing its pivotal part in blockchain technology, cryptocurrencies, and decentralized finance (DeFi). Delve into our comprehensive guide to understand how cryptography goes beyond being a mere buzzword, anchoring the security and integrity of modern digital systems. Explore the intricacies of cryptographic principles and their practical applications in today’s tech landscape.
Read the full article:
Bitget Türkçe x ARPA: Telegram AMA Event
On December 21, 2023, ARPA partnered with Bitget Türkçe for an exciting AMA session on Telegram. This event provided a unique opportunity for the community to engage directly with the ARPA team, offering a platform to ask anything about ARPA. This event was a part of ARPA’s ongoing efforts to foster community engagement and provide transparency and insight into our projects and developments. Stay tuned for more such events and opportunities to connect with the ARPA team!
Opinion Article: Not All Random Number Generators Are Created Equal
In a recent feature on Digital IT News, Yemu Xu, co-founder of ARPA, provides an in-depth analysis of Random Number Generators (RNGs) and their critical role in modern computing and blockchain technology. The article delves into the importance of RNGs in ensuring fairness, security, and unpredictability across various digital platforms.
Whether it’s participating in online lotteries, acquiring rare NFTs, or engaging in gaming for exclusive items, the essence of true randomness is indispensable. The article encourages readers to gain a better understanding of what constitutes a high-quality RNG, the challenges with existing solutions, and what differentiates a good RNG in the tech world. Read the full article here:
2024 Crypto Events Calendar: Your Q1 Guide
As 2024 dawns, the crypto and Web3 universe is brimming with anticipation and groundbreaking developments. To ensure our community stays ahead of the curve, ARPA proudly released the 2024 Crypto Events Calendar on December 20th. This comprehensive guide is an essential tool for navigating the dynamic landscape of crypto events in the first quarter of 2024. From the investor hotspots in Dubai to the vibrant ETHDenver, the guide covers a broad spectrum of gatherings that are crucial for enthusiasts, developers, investors, and innovators in the space.
ARPA Joins Forces with Mirror World for World Store Launch
On December 18th, ARPA proudly participated in the grand launch of World Store, a revolutionary trading platform powered by AI Asset Agents, in collaboration with Mirror World. This event not only showcased the versatility of $ARPA, but also brought forward a new era of asset trading and management.
To celebrate this collaboration, we organized a special giveaway, offering our community members a chance to win 3 World Store Raffle Tickets. This giveaway was a unique opportunity for participants to engage with both ARPA and Mirror World, and to explore the innovative World Store platform.
Launch of ARPA Network Bug Bounty Program with Immunefi
On December 12th, ARPA Network took a significant step towards fortifying its ecosystem by launching the ARPA Network Bug Bounty Program. This initiative, in partnership with Immunefi, web3’s leading bug bounty platform, underscores our unwavering dedication to security and our commitment to the continuous enhancement of the ARPA ecosystem.
In an effort to incentivize the discovery and reporting of vulnerabilities, the program offers substantial rewards, with a maximum bounty of USD 50,000 for critical smart contract bugs. The reward structure is tiered, reflecting the severity of the identified threats. Contributors can expect different levels of rewards based on the threat level of the bugs they uncover. For a comprehensive understanding of the reward tiers and guidelines, visit:
Opinion Article on Threshold Signatures: Their Potential in Blockchain Security and Practical Applications
On December 4th, we took our community on an informative journey through the intricate world of threshold signatures, with our featured article on Hackernoon. This piece is a must-read for technology enthusiasts and professionals alike. It breaks down the complex concepts of threshold signatures, an essential element in blockchain technology, into an easily digestible format.
Whether you’re a blockchain expert or just starting to explore this exciting field, this article offers valuable insights into how threshold signatures contribute to the robustness and efficiency of blockchain systems. For an engaging and informative read, check out the full article here:
ARPA/TRY Now Available on Bitget Türkiye
We are thrilled to announce that starting from December 1st, ARPA/TRY trading pair is now available on Bitget Türkiye! This marks a significant step in expanding our presence in the Turkish market and offering our community more flexibility and accessibility in trading. We’re excited about this development and look forward to seeing increased engagement from our Turkish community. For more information on this listing, visit:
About ARPA
ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. ARPA threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains.
ARPA was previously known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. ARPA Mainnet has completed over 224,000 computation tasks in the past years. Our experience in MPC and other cryptography laid the foundation for our innovative threshold BLS signature schemes (TSS-BLS) system design and led us to today’s ARPA Network.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness.
For more information about ARPA or to join our team, please contact us at contact@arpanetwork.io.
Learn about ARPA’s recent official news：
Twitter: @arpaofficial
Medium: https://medium.com/@arpa
Discord: https://dsc.gg/arpa-network
Telegram (English): https://t.me/arpa_community
Telegram (Turkish): https://t.me/Arpa_Turkey
Telegram (Việt Nam): https://t.me/ARPAVietnam
Telegram (Russian): https://t.me/arpa_community_ru
Telegram (Korean): https://t.me/ARPA_Korea
Telegram (Indonesian): https://t.me/Arpa_Indonesia
Telegram(Sri Lanka):https://t.me/arpa_srilanka
Telegram(Africa):https://t.me/arpaafrica
