ARPA Monthly Report | May 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!
This is a look back at May. Enjoy!
01 ARPA Development Dynamics & Technology Progress
- Finished smart contract audit of Staking v0.1
- Conducted lint and static analysis of Randcast smart contracts
- Improved gas calculation in Randcast randomness requests
- Added operation support in components of Randcast
- Prepared for the launch of Randcast Alpha
02 Community, Marketing & Listings
ARPA Released a Guide to Crypto Events in Q3 2023
Step into the ever-evolving world of crypto with ARPA’s insightful guide to the most prominent events of Q3 2023. Freshly released on May 25th, this guide presents a unique opportunity to expand your knowledge, connect with industry leaders, and be at the forefront of the latest developments in the crypto world. Be sure to mark your calendars and plan to attend these events, and stay tuned for more guides to future events in the coming quarters.
ARPA Continues Network Refinement and Launched TestNet 2.0
Following the successful TestNet 1.0, ARPA has been diligently improving its network through the implementation of resilient retry mechanisms and bug fixes, and introduced the launch of TestNet 2.0 on May 24th. The ARPA BLS-TSS Network is now smoothly interacting with Ethereum-Sepolia 200K times daily. The team remains dedicated to further testing as we gear up for the MainNet release. Please stay tuned!
Insights From ARPA Co-Founder Yemu Xu: Exploring the Lessons DeFi Can Take from TradFi Industry
In a recent feature on Advisorpedia, Yemu Xu, the co-founder of ARPA, shared enlightening perspectives on how DeFi can derive invaluable knowledge from the well-established TradFi industry. Yemu Xu explored the ways in which DeFi can leverage the time-tested methodologies of TradFi to drive progress and overcome challenges. Discover the advantages, growth opportunities, and potential consequences when DeFi falls short. Delve deeper into this thought-provoking discussion on Advisorpedia:
ARPA-sponsored ScalingX ZK Hackathon — The Hunt For X Demo Day
On May 18th, Majorknight, the co-founder and CTO of ARPA, joined the Demo Day of “The Hunt for X” ZK Hackathon sponsored by ARPA. Out of the impressive pool of 77 applications, a select group of 15 projects was chosen to participate in the Demo Day, creating an exclusive environment where visionary developers and innovators converged.
This exceptional platform facilitated an in-depth exploration of the limitless potential of Zero-Knowledge Proof (ZKP) technology and Random Number Generation (RNG) as pioneering solutions for scaling blockchain networks. The event not only encouraged exploration but also provided invaluable support and momentum for the ongoing development efforts in this dynamic field.
Learn more about the Demo Day here:
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 (Indonesian): https://t.me/Arpa_Indonesia
Telegram(Sri Lanka):https://t.me/arpa_srilanka
Telegram(Africa):https://t.me/arpaafrica
