ARPA x Binance 1.6 AMA: Mainnet, 2019 in Rearview, and Plans for 2020

In celebration of the mainnet launch, ARPA team conducted an Ask-me-anything (AMA) session in Binance’s English Telegram Group. ARPA’s cofounders, CEO Felix Xu and CGO Yemu Xu, joined 100,000 Binancians and answered their questions about mainnet, trading competition, partnership and business development progress, and more. The founding team gave a summary of 2019 and shared plans for 2020.

We summarized the whole session for those who missed it. Enjoy!

Introduction:

Felix: My name is Felix Xu, Co-founder & CEO of ARPA. I graduated with Finance, Information Systems degrees from New York University, which is known for its CS and AI research.

Prior to founding ARPA in early 2018, I worked in venture capital investment space for 6 years, in Fintech, big data, and AI startups. Most recently I led blockchain sector research and early stage investment at Fosun Group, one of the largest conglomerates in China. To give some examples I invested Suishou Technology, Datebao Insurance, Huike Group in China and MakeMyTrip (NYSE: MMYT) in India. I came into blockchain space since 2016 working with enterprise and consortium blockchains (non-crypto) and bought my 1st bitcoin in mid-2017. Still Holding. At ARPA, we also help China for setting the national standard on multiparty computation, a core tech of ARPA.

Yemu : Okay, let me introduce myself. My name is Yemu Xu and I am the cofounder & CGO at ARPA. At ARPA I’m in charge of the overall BD, PR, marketing and growth. Prior to cofounding ARPA I was the Head of Growth at Boro, a Money 20/20 fintech startup that raised over $10mil. Before that, I worked as an actuarial consultant at Fidelity Investments in Chicago. I am also a entrepreneur-in-residence at ZhenFund, one of China’s most prominent VCs.

Segment 1

Q1: Could you please give an ARPA introduction?

A:ARPA is a blockchain-based layer 2 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. We were actually just awarded as China’s Top 10 Most Innovative Blockchain Company in December!

This is a short video explaining the concept of ARPA in 1 minute.

Q2: Could you talk a bit about mainnet?

A:Mainnet is one small but meaningful step for ARPA privacy-preserving computation network. We all stayed up late night till 3am to make sure it runs smoothly

We successfully launched the very first version of ARPA mainnet on January 6, 2020. The purpose is to run our protocol for different kinds of multiparty computation tasks and measure the reliability, robustness and efficiency. In the Pre-alpha mainnet phase, participants will be able to join the world’s first multiparty computation (MPC) network and become computing nodes. By correctly completing 8 kinds of privacy-preserving computation tasks, participants will be able to earn corresponding rewards (bootstrapping reward)

ARPA is a layer 2 network for multiparty computation, enabling verifiable, privacy-privacy off-chain computation feature to Ethereum. Therefore, ARPA mainnet token will still be ERC-20 and there is no swap needed for mainnet. More info can be found here.

Here is an article that we explain pre-alpha version of mainnet and expectations for future works

Essentially there are three parts:

1) Multiparty Computation (MPC) Protocol

2) MPC Virtual Machine

3) Bootstrapping Reward Mechanism

1) Multiparty Computation (MPC) Protocol

The protocol implemented in ARPA’s computation network is organized as the chart shown — The procedure can be viewed as a two-phase protocol: Preprocessing phase and Computation phase. The computation phase is the main procedure that involves secret sharing, function evaluation, and revealing outcomes. On the other hand, the preprocessing phase is the foundation which provides necessary raw materials (MPC triples) for computation. We separate these two phases apart because preprocessing is independent of both the function and the data.

2) MPC Virtual Machine

The core component of ARPA multi-party computation node on mainnet is MPC virtual machine. APRA MPC virtual machine is driven by byte-codes, which are produced by the high-level MPC language compiler. One can write an MPC program following our development direction to define a function. Then the compiler will translate this program into byte-codes which later will be handled by VMs. It works like this:

3) Bootstrapping Reward Mechanism

To incentivize early adopters for ARPA computation network, 30% of all 2 billion ARPA tokens (600 million ARPA) will be distributed through bootstrapping reward over 5-year period. We started bootstrapping reward upon Pre-alpha mainnet launch on January 6th.

ARPA MPC mainnet uses a voting system to build this selection algorithm. Nodes with more staking will be more possibly selected. On the other hand, randomness should be induced to the selection process to designate the lucky nodes. First, a specific number of tickets will be granted to each node according to its staking amount. Then, an evenly distributed random number will be generated to select several tickets from the ticket pool. In the end, those nodes who possess these tickets will jointly compute a multi-party function.

Here are some log for MPC tasks, reward distribution, and processes. Currently our MPC network can perform 8 kinds of complex computation tasks.

I mean pre-alpha version v0.1 is still very early, and a long way to v1.0. There are many many things to be worked on. and we will open-source our code by batch after auditing and such. The audit is TBD at the moment, you know, we’ve been super busy to roll this out for the past couple months 😊.

Q3:Could you give us a summary on what you did in 2019?

A:I will break this section down to the following sections: Tech Developments, Research, Token & Exchange listings, Communities, PR & Marketing and partnerships

On Tech Developments:

ARPA’s privacy-preserving computation network testnet went live on Feb 27th, 2019. We launched our pre-alpha mainnet yesterday. In public blockchain space, ARPA testnet is built on top of Ethereum and we will support more blockchains in the future.

Research:

On the research side, we are working along with Alibaba, Baidu, Ant Financial to assist the China Academy of Information and Communication Technology (CAICT) to set the national standard of MPC. Recently China’s President Xi publicly expressed support for blockchain industry. We also just joined IEEE as a corporate member and are contributing a lot to the work group for multiparty computation and federated machine learning. Click here to read more.

CAICT is at the forefront of setting IT and communication standards in China, such as 4G, 5G telecom standards. The guy in blue jacket is a senior government official at CAICT. He is in the middle next to me.

Together ARPA and CAICT set the very first industry standard in multiparty computation, along with conglomerates like Alibaba, Baidu and Ant Financial.

More details here if you can read some Chinese.

For IEEE, we are lucky enough to contribute to IEEE P2830 Shared Machine Learning Working Group.

Token & Exchange listing:

We did our TGE in April and were listed on major exchanges with lightning speed. Exchanges: MXC, Kucoin, Gate.io, Huobi Global, Binance DEX and Binance.

We burned 50 mil ARPA in total and pushed back first team token release by 1 year. We will continue to increase the use cases for ARPA token in 2020.

We did staking events on MXC, Gate.io and Huobi Global. Now our supporters can stake on our pre-alpha mainnet.

We started a trading competition with Binance. It is still ongoing — first place gets a brandnew Tesla CyberTruck!

Communities, PR & Marketing:

The past few months we have done many offline meetups, events and there will be more in 2020:

  • We spoke at the FinD 2019 Fintech & Blockchain summit by IT Chosun, one of the largest newspapers in Korea.
  • We co-hosted a meetup with Gate.io in Seoul, more than 100 people attended
  • We co-hosted a meetup with Binance in Vietnam, CZ also joined the meetup thru video
  • ARPA was invited to speak at China Enterprise Development forum held in the Great Hall of the People in Beijing, China. During the forum, ARPA was awarded as the Top 10 Most Innovative Blockchain Company in China.

Today, we are also very excited to share that we are going to speak at CES 2020, the world’s largest gathering event for consumer technologies, I am going to give a talk on data privacy and the technology to protect data & privacy.

In terms of community data, we have seen exponential growth on multiple dimensions.

  • Weibo: 50,000+ followers,100+ daily discussions, 54,000+ daily impressions
  • Twitter: went from 6k to 12k followers over the past 2 months
  • WeChat(Chinese): 120 directly-managed WeChat groups, totaling 40,000+ people
  • Telegram ARPA Official Community (English): 15,700 members
  • We have 9 language groups in total. Besides Chinese and English, other language groups are Thai (300), Indonesian(1,000+), Russian(4,000+), Vietnamese (600+), Filipino (900+), and Korean (3,000+). Totaling 9,000+ members

Lastly, partnerships:

Since the inception of ARPA, we have been relentlessly delivering secure computation solution to some of the largest companies in the world, including JD.com, Sinochem and Fosun Group.

Business partners are one of the most important assets ARPA has. ARPA’s protocol integrated with Alibaba Cloud blockchain-as-a-service. We landed a contract with JD.com’s fintech division, Chinese 2nd largest e-commerce company with 45bn USD market cap, to support secure risk model analysis between JD and its financial institution clients. The list goes on for nearly 20 leading international corporations. Ongoing applications include 1) Joint anti-fraud solution and black list sharing, 2) Smart insurance pricing, 3) Secure risk analytics for financial institutions.

Q4: Are there are any links where our binancians could learn more about staking on pre-alpha mainnet?

A:https://medium.com/@arpa/node-registration-opens-as-arpa-mainnet-set-to-launch-on-january-6th-653eed87cb4b

There are only 30 computation nodes during pre-alpha phase, and registration is closed now. Our team current control partial of the 30 nodes and will explore collaboration with different exchanges. Of course we will open for more nodes in later version of mainnet

Q5: Could you share with us about APRA’s plan for 2020, such as BD, partnership, development and marketing?

A:Annual review + future outlook. We had a 4 hour meeting internally to discuss the strategy for 2020, last week

On the development side, in future versions of mainnet, computation nodes will be able to program and publish customized functions themselves and pay tokens to other nodes to provide data and participate in the computation. Furthermore, Developers can leverage ARPA MPC network to protect dApp data privacy and build privacy-preserving dApps, free of cryptography knowledge.

We continue to work with researchers at KU Leuven and Aarhus University, famous for their cryptographic protocol work. I notice there are several famous professors in cryptography who joined startups recently. So we will pay close attention to see if we can get support from them as advisors or such

In pre-alpha mainnet, we assembled our development resources to design and develop a generic, cloud-native, serverless, scalable, and easy-to-deploy MPC infrastructure, which enables plug-in and play of any MPC Core.

This MPC network will later be bridged via the proxy smart contract to different blockchains in the future, our vision is to have a large-scale distributed MPC network infrastructure that can be reached with the proxy smart contracts from many different blockchains.

On Business Development side: 2020 is the year that ARPA develops hand in hand with large organizations on both protocol level and application level. We made significant progress on enterprise adoption of privacy-preserving computation in 2019 and are actively involved in standardization of MPC in China and internationally.

So partnerships are going to be the most important aspect for ARPA in 2020!

We notice that in order to push forward privacy-preserving computation in finance, advertising and healthcare industry for secure data sharing, we need to partner with gov entities, leading industry associations, and tech companies with deep roots in these sectors

We are in the final phase of negotiation with China Software Industry Association (CSIA) , the largest industry association in tech.

If things goes smoothly, they can promote our MPC network as an option to CSIA members.

Consortium blockchains are important prospects and partners to go after as well.

Sinochem is another large company that we work with.

Sinochem’s Gateway — Sinochem is trying to build a blockchain platform for energy trading. ARPA did an early product for Sinochem for KYC and blacklist sharing among members in Gateway digital platform:

https://www.reuters.com/article/us-china-sinochem-blockchain/sinochem-unit-discussing-blockchain-platform-with-shell-macquarie-sources-idUSKCN1VQ16N

In 2020, we will continue to expand our presence in this sector, with Sinochem, to implement ARPA privacy tech to Gateway alliance:

We are in process in joining MPC Alliance, formed by our peers in MPC technology, including Alibaba, Curv, CYBAVO, Cybernetica, Fireblocks, IJS Technologies, Partisia, Sepior, Unbound Tech, and ZenGo

JD.com has been our partner since early 2019. We did two early products for financial risk secure analysis and PSI for blacklist. We are going to publish a case study soon on JD collaboration. We have plenty in our pipeline and will be released in a timely manner.

The list goes on with IBM, Minsheng Bank, Fosun Group and more.

We are adding more advisors, senior business professionals that will push this tech forward.

ARPA can potentially disrupt the whole data industry by eliminating trust issues and data intermediaries within: finance, healthcare, IoT, retail, energy sectors, and other sectors where data is a valuable and sensitive asset to enterprises and individuals.

In 2020, we will have more exchange listings. We will mainly pursue regulated exchanges, emerging exchanges, and derivative exchanges.

We will host more meetups and conferences to raise awareness around the world.

  • We plan to participate in at least 3 large, influential conferences, beginning with Binance Vietnam Blockchain Week in late Feb early March.
  • We plan to host/co-host 6 meetups in 5 regions or countries of the world, including Vietnam, Turkey, Korea, Russia and South America.
  • We are also expecting more press releases and more case studies — to raise awareness and to educate our audience on $ARPA, and more importantly, a bright future in data and privacy. In this upcoming year, we will also continue to build our global info distribution channels. More to come on that front soon.

Q6:How do we translate this for our non-techy users which are looking for good investments?

A:Solid team, advanced tech, and rapid growth

Q7:Regarding the trading competition you guys have going on Binance, why a Cybertruck and what’s your thought on this?

A:https://www.binance.com/en/market-activity/62

Why Cybertruck — I love the film Blade Runner which happens in 2020, though it seems still quite distant from now.

Another thing very important is the Lucky draw: Trade 350,000 ARPA and Win 60,000 USD in ARPA Tokens. To ensure fairness and transparency of the draw, we will broadcast the lucky draw live on multiple social media platforms. The live draw time will be announced at a later date. If you guys trade ARPA now you can still be eligible, as the event lasts till Jan 8th

We researched on other trading competitions and most of them give sizable reward to top10 or 20 traders. And those are likely to be quant fund or whales. We want normal people to participate and share the reward. We want FAIRNESS in this game Not just the whales get all the reward

Questions from the Community:

Q:The total supply of ARPA is 2,000,000,000 ARPA. Does ARPA have plans for buyback and lock-up of tokens and community tasks/activities to raise awareness and bring mass adoption?

A:Yes. We have done 5 monthly tokens in the past 5 months, adding up to 50mil ARPA in total. We also deferred team token release schedule by 1 year. For example, our latest token burn — https://medium.com/@arpa/arpa-foundation-conducted-5th-token-burn-df4bb7e4b508. We are also exploring real world ARPA token use cases, more to come on that front.

Through token burn, deferred release schedule and exploration of additional use cases, we are decreasing supply and enriching token ecosystem. So every holders can benefit from it.

Q:How do you assess the acceptance of IEEE as an Institutional Member, where very large and important institutional members participate and ARPA is invited? What is the importance of this invitation in terms of brand value at international level and in terms of its advantages for ARPA?

A:I would say joining IEEE is quite important and beneficial for ARPA.

https://medium.com/@arpa/arpa-becomes-ieee-corporate-member-a9dc2ca2fb83

We were invited to the kick-off meeting for IEEE P2830 in Beijing as we worked with Ant Financial on CAICT standard before. We shared our thoughts on implementing MPC for shared machine learning. Later we were invited to an interview with IEEE lead China coordinator.

Q:Which countries are the focusing area of ARPA for growth?

A:As we mentioned in Segment 1, in 2020 we will focus on the following 5 regions and countries: Vietnam, Korea, Russia, Turkey and South America. We have seen exponential growth in our user base in these places and we will go all in.

Q:How efficient is the system?

A:Privacy-preserving computation achieves computation on encrypted data, but efficiency loss is inevitable. Currently we are ~100–300x slower than normal computation on plaintext. We are improving this.

Q:Why use the ARPA token as a reserve? Wouldn’t it be more practical to use stablecoin?

A:ARPA token plays a critical role in the ecosystem.

Computation Cost: All participants in MPC computation are compensated with ARPA tokens for their contribution of computing power. The computation power consumed are mainly measured by the amount of triples consumed in one instance of computation.

Data and Model Usage Fee: To encourage data providers to list high quality data resources on ARAP network, each MPC computation will be charged for data usage fee to compensate the data provider.

Security Deposit for computation nodes: MPC participants will use ARPA token as a form of safety deposit for launching and fulfilling computation jobs. Abortion during computation and other malicious actions result in loss of stake. This is to ensure fairness for all parties and limit the misuse of ARPA by bad actors.

Staking reward for staking nodes: ⅓ of all mining reward goes to staking nodes.

Community Governance: Token holders above a specific threshold can have the right to vote for future accepted payment tokens and other proposals. The token holder are also able to participate in the arbitration of failed MPC computations and take part of the cheaters deposit.

In addition, we also developed various incentive programs to increase the token usage.

Q:Nowadays, technology is developing and 4G is getting replaced by 5G, so do you think that 5G will help improving for ARPA network? and what is you plan for using 5G in ARPA?

A:One barrier for Multiparty computation (privacy-preserving computation) is communication overhead. 5G can significantly improve the speed for MPC. Super important for ARPA.

Q:What next after pre-mainnet?

A:Continued expansion, more listings, partnerships and standard setting on an international level, as we mentioned in our 2020 outlook in Segment 1 😉

Q:ARPA is an ERC20 token for now. Will mainnet ARPA be ERC20 also?

A:ARPA is a layer 2 network, we will still be ERC20 token for mainnet.

Q:How is ARPA development going? Can you describe in detail current development efforts, market expansion plans, expected applications, and when will they become commercially available?

A:Mainnet code will be open sourced in the future on https://gitlab.com/arpachain.io

Game plan for development can be found here: https://medium.com/@arpa/node-registration-opens-as-arpa-mainnet-set-to-launch-on-january-6th-653eed87cb4b

We build several early products to solve data privacy problems for enterprises in 2019, for example blacklist secure sharing among banks. 2020 we will flex out more and push for adoption.

Q:You organized an AMA session very rewarding and received a lot of questions related to utilities and technology, future vision. So now I want to ask: what do you want to receive from the community?

A:Good question. Love, support and patience. ARPA is a young project and we need time to grow and realize our full potential. We are laying a solid foundation right now and solid growth takes time. We will improve, grow and thrive gradually but surely.

Q:I saw that ARPA had a Minimum-Viable-Product(MVP) for Finance use case. Can you disclose some information about its testing report as well as customers/users reaction on it? Did technology on it have enough conditions to response to requirements of Finance field?

A:Yes as I mentioned before we build several early products in the finance sector.

We landed a contract with JD.com’s fintech division, Chinese 2nd largest e-commerce company with 45bn USD market cap, to support secure risk model analysis between JD and its financial institution clients.

Q:Do you expect that Launching Your Pre alpha Mainnet will lead to an increase in the price of your token?

A:Though I don’t really comment on price, we do push for more use cases and better liquidity of ARPA token. As I mentioned before, more exchanges, more events, more circulation on enterprise level.

Q:As a regular user, by when can I expect to be able to monetize my own data?

A:That is exactly what we aim to do in the longer term. Though we focus on enterprise in short term as there is more demand, driven by regulation around the world.

Suppose that a company has partnered with ARPA and started sharing data.

A crime has been committed in the country where the company is located,and the crime-related data is available to the company but does not accept sharing of it in his country.

Q:What is your approach when that country applies to you to obtain data for a crime committed?

A:We don’t even see/touch the data in the whole process. That’s the main point.

Q:When will $ARPA hold a staking event in binance? because I only trade in binance.

A:Please stay tuned.

Q:How does the MPC protocol work?

A:We are a layer 2 network based on multiparty computation so we are not POS/POW.

Q:Since mainnet’s launch on December 2019, what are some key achievements for ARPA? And does ARPA has any plans to keep up with this productivity in the future?

A:A lot of progress going on and several major events in the pipeline. At ARPA we never missed our roadmap. We are a lean team but can achieve more than most other projects with more people on their team.

Q:What’s the idea behind the name ARPA?

A:Salute to ARPANET, world’s first internet. We aim to become the first privacy-preserving computation network and open up a whole new era.

Q:As today we see 90% of traders only see short term trading profit without understanding the project’s long term strength and I believe Arpa would be one of the precious projects of 2019–2020 in the crypto field by seeing your roadmap lots of exciting updates are coming to my question is After Q3 2020 on which countries Arpa is looking to increase adoption of Arpa?

A:Currently we pick countries with positive attitude to blockchain and crypto to expand, except China where we are based, Vietnam, Russia, Turkey, Korea and more. In 2020 we also expect overseas companies to look into our technology. We are attending CES and some other conference to talk to industry leading companies all over the world

Q:Could you touch the SECURITY side of ARPA ? How secure is your platform?

A:ARPA is a distributed computation network based on MPC. In some sense it’s even more secure than POW’s 51% attack resistance. ARPA network can resist n-1 attack. Meaning even if there’s only 1 honest node, the secret will not be leaked.

Q:How can I be assured that my data is not being compromised as being a consumer?

A:Data privacy is governed by cryptographic algorithm of multiparty computation. Secure multiparty computation (MPC) is a set of cryptography technologies with the goal of creating methods for parties to jointly compute a function over their inputs while keeping those inputs private.

Informally, MPC enables multiple trustless parties A, B, C, … to jointly compute a function with the participants’ secret value without learning more information than what the result reveals.

A wonderful characteristic of MPC is that MPC is verifiable, and therefore it can be used as an off-chain computation method. In ARPA MPC protocol, Message Authentication Code (MAC) is a value that can be used to confirm a message has been created by a certain party, and to detect if a message has been changed.

Q:Long STANDING , established PROJECTS are struggling with their CAPITAL and VALUATIONS . Don’t you FORESEE a situation where #ARPA will face the same too ?

A:We have sufficient runway and extremely low valuation. We are very conscious of cost and spending too. We always remind ourselves that market could go bad next month. So we keep our head down, get things done, and spend frugally.

Crypto industry has highs and lows. We try our best to educate people about multiparty computation, we work with the largest and best in class enterprises, and we push forward standard in this field. Look at long term my friend

Q:ARPA is a blockchain-based layer 2 solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). What is the meaning of this two layer?

A:Layer 2 is relative to layer 0 and layer 1. We are an off chain computation network that can work with any blockchains

Q:With computation ability, ARPA will have a good chance to perform itself in finance field like Credit Anti-fraud on Bankings or Secure Risk Analytics. However, how will ARPA team convince them to use your project technology to replace/improve legacy system while they are familiar with traditional one and banking doesnt like crypto/blockchain at all?

A:Replacement takes time of course. But it’s a little funny that privacy regulation is on our side. EU’s GDPR, US’ CCPA and China’s Cybersecurity Law, all ban financial institutions to buy or sell personal data like they did before. As far as I know, a lot of biz is affected by this law and they will have to turn to secure computation.

Q:Investors are paying great attention to the experiences of the members of the project team. In this sense, do you believe that working with such an experienced team will make ARPA project a favorite of investors in the future?

A:Investors do pay attention to team but its not the only good thing about ARPA. We have strong execution and we are lean.

Q:I found an article on Indonesian ARPA medium where it was written that Arpa will work together with iost and ontology, why did you choose IOST and ontology as the next partnership?

A:We are already working with IOST in making IOST more private. POC in progress.

Q:It has become a common practice for project teams to run a prototype on a “TESTNET” first before MAINNET.Did u launch testnet first?

A:Yes our testnet was launched in Feb 2019, which was 2 months ahead of the schedule.

Q:How does ARPA handle abortion during computation or similar malicious activities?

A:We plan to build a credit system to track abortion. malicious activities can be found by checking MAC value in MPC.

Q:What is the biggest WEAKNESS of BLIND voting? Nothing is PERFECT right?

A:The weakness is the efficiency. Currently MPC is still 100–300 times slower than plaintext computation.

Q:How does ARPA handle abortion during computation or similar malicious activities?

A:That’s why ARPA token is so important in the ARPA ecosystem. Whoever joins as a computation node need to stake their ARPA token to incentivize them not to do malicious acts.

Q:How does ARPA attach importance to the protection of personal data?

A:We are focusing on enterprises and governments for now because this has to be top-down. Eventually we are enabling individuals to be the owner of their data and can receive fair compensation when they lend their data to others.

Q:Enigma, Oasis labs, Platon seems your big competitors so what make ARPA most highlight?

A:Enigma is pursuing TEE, a hardware based solution I believe. TEE is still centralized and you have to delegate trust to TEE manufacturer. Currently Intel has the most mature TEE.

Oasis labs and Platon partnered but I am not too aware of their progress.

Q:Does ARPA have what it takes to be among the few Alts that will make it? Because i think many are of the opinion that in the nearest future most Alts will be eroded, only BTC and few Alts will survive this erosion. What is your opinion?

A:We have always kept excellence in mind. The past few months our trading volume ranks very high for a new project like us with such low market cap. We are laying a solid foundation right now and waiting for the right moment to “moon”.

Q:what does ARPA mean in your thinking, in your own spirit ?

A:Italian ARPA is beautiful and Turkish ARPA is necessary. We want ARPA to be both.

Q:What is the most important goal that ARPA must achieve by 2020? Has it helped blockchain adaptability in the global stage?.

A:More partnerships. More listings. More real world use cases and more awareness. We cannot let any one of these pillars go.

Q:ARPA is using Ethereum and ERC-20 based right, will you migrate to own blockchain and network after the mainnet? or will you stick with Ethereum?

A:We currently have no plans to leave Ethereum but will certainly be open to options as blockchain evolve

Q:As a crypto investor Why should I invest in #ARPA ?What is future planning of #ARPA in next 2 yrs?

A:A lot of good things are happening the next 2 yrs. 2020 is the year for collaboration with large companies to push out product and 2021 we will continue to refine infrastructure for different use cases

Q:Can you also discuss relationship with ARPA and large companies such as CSIA, MPC Alliance, and more in use cases for ARPA?

A:Here is the chart for some of the ARPA use cases:

About ARPA

ARPA is committed to providing secure data transfer solutions based on cryptographic operations for businesses and individuals.

The ARPA secure multi-party computing network can be used as a protocol layer to implement privacy computing capabilities for public chains, and it enables developers to build efficient, secure, and data-protected business applications on private smart contracts. Enterprise and personal data can, therefore, be analyzed securely on the ARPA computing network without fear of exposing the data to any third party.

ARPA’s multi-party computing technology supports secure data markets, precision marketing, credit score calculations, and even the safe realization of personal data.

ARPA’s core team is international, with PhDs in cryptography from Tsinghua University, experienced systems engineers from Google, Uber, Amazon, Huawei and Mitsubishi, blockchain experts from the University of Tokyo, AIG, and the World Bank. We also have hired data scientists from CircleUp, as well as financial and data professionals from Fosun and Fidelity Investments.

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

Reddit: https://www.reddit.com/r/arpachain/

Facebook: https://www.facebook.com/ARPA-317434982266680/54

ARPA is a privacy-preserving blockchain infrastructure enabled by MPC. Learn more at arpachain.io

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store