ARPA Onboards ScalingX as Node Partner, To Enhance Network Security and Ecosystem Growth
We are thrilled to announce that ARPA Network has established a strategic partnership with ScalingX for node operation. ScalingX is a rising Web3 developer community and accelerator. This collaboration marks a major milestone in our continued efforts to enhance the robustness, security, and decentralization of the ARPA network.
ARPA BLS-TSS Network consists of multiple groups of nodes. Such design optimizes both network security and computation performance. The network becomes increasingly reliable as more nodes join.
In addition to hosting nodes and providing professional tech support, partners like ScalingX have to stake a considerable number of tokens. Also, we apply a staking mechanism ensuring good behavior is rewarded, while malicious nodes get their tokens slashed. Thus, the more nodes there are, the less likely a single bad actor can do damage worth the cost. Each new node makes the entire network more secure.
“Having ScalingX as a new node operator will not only enhance the reliability and robustness of our network,” said Felix Xu, CEO & Co-founder of ARPA. “As a Web3 developer accelerator, ScalingX will also play a crucial role in introducing ARPA Network to more BUIDLERs, fostering the growth of the ARPA ecosystem and the broader Web3 ecosystem.”
“We are filled with immense excitement as we embark on this remarkable venture as an ARPA Network node operator,” said Chichi Hong, Co-Founder of ScalingX. “This powerful partnership signifies a new chapter of growth, as we help fortify the network’s infrastructure and elevate its resilience against potential risks. Let’s forge a path towards a stronger, more secure ecosystem together.”
Decentralization is at the heart of the ARPA Network. This partnership is a major step in advancing the decentralization of the ARPA network. By spreading node operation across a broader range of partners, we’re preventing the concentration of power, improving network performance, and ensuring that the ARPA network remains truly decentralized and resilient against various attacks. These are essential in spurring ecosystem growth, which will potentially enhance rewards for our community members and ARPA token holders through increased network activity.
Looking ahead, we aim to continue growing and strengthening our network through strategic node partnerships. The collaboration with ScalingX is a key step toward our goals. We couldn’t be more excited to get started!
For further inquiries about the partnership or if you’re interested in becoming a node operator, please contact us at contact@arpanetwork.io.
About ScalingX
ScalingX is a global VC/accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.
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
