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What is ARPA Chain (ARPA)?

ARPA Chain is a blockchain-based solution that focuses on secure multi-party computation (MPC). That means it allows multiple parties to collaborate on computations without revealing their private data. The protocol is widely applicable in sectors like finance, healthcare, and advertising where data privacy is critical. 

The ARPA token powers the ecosystem, enabling payments, staking, and governance.

 

Who founded ARPA Chain?

ARPA Chain was founded in 2018 by Felix Xu and Yemu Xu. The project was designed to address growing concerns about data privacy and security while enabling businesses to leverage collaborative data solutions.

 

 

Primary features of ARPA Chain (ARPA)

• Secure multi-party computation: Allows data owners to collaborate securely without sharing raw data.

• Governance: ARPA token holders can vote on protocol updates and decisions.

• Scalability: Designed for high throughput, enabling enterprise-grade applications.

Is ARPA a promising cryptocurrency?

ARPA Chain addresses a critical need for privacy-preserving computation in the blockchain and business ecosystem. Ranked among the top 600 cryptos by market cap, ARPA is gaining traction in sectors requiring secure and efficient data sharing. Analysts predict strong growth as data privacy concerns drive demand for such solutions.

You can buy ARPA from crypto exchanges like CoinSwitch.

How do I use ARPA (ARPA Chain)?

• Data privacy solutions: Use ARPA’s MPC capabilities for secure and efficient data sharing.

• Governance: Participate in the protocol’s decision-making process by voting with ARPA tokens.

• Payments: Use ARPA tokens to access services on the ARPA network.

• Staking: Stake ARPA tokens to secure the network and earn rewards.

 

Pros & Cons of ARPA (ARPA Chain)

Pros

• Provides privacy-preserving computation solutions for sensitive data.

• Scalable and suitable for enterprise applications.

• Offers governance and staking opportunities for ARPA holders.

 

 

Cons

• Competes with other privacy-focused protocols like Oasis Network and Secret Network.

• Adoption depends on growing awareness and demand for privacy-preserving solutions.

• Market volatility, as its use case is niche and specialized.

 

How to trade ARPA on CoinSwitch?

• Start investing in ARPA with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for all users.

• Easily manage your transactions and portfolios on the app.

 

ARPA Chain (ARPA) ICO summary  

ARPA (ARPA) is a privacy-preserving computation network that enables data providers to collaborate on data analysis without exposing raw data. The ARPA token serves as the native utility token within the network, facilitating secure multi-party computation and data sharing. The tokenomics of ARPA include allocations for ecosystem development, team incentives, and community rewards, though specific distribution percentages are not detailed in the available sources.

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FAQ's on ARPA

1. What is ARPA Chain (ARPA) and what makes it unique?

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ARPA Chain is a blockchain protocol that enables secure multi-party computation (MPC), allowing multiple parties to collaborate on computations without exposing private data. This makes it ideal for finance and healthcare industries requiring data privacy.

 

 

2. How can I buy and trade ARPA tokens?

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You can buy and trade ARPA on cryptocurrency exchanges like CoinSwitch. Simply create an account, deposit funds, and start trading with as little as ₹100. CoinSwitch provides a user-friendly platform for managing your ARPA investments.

 

 

3. What are the main use cases of ARPA tokens?

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ARPA tokens are used for governance (voting on protocol updates), payments within the ARPA ecosystem, staking to secure the network, and accessing privacy-preserving data computation services.

 

 

4. Is ARPA a good investment?

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ARPA Chain addresses a growing need for privacy-focused blockchain solutions, making it a promising project. However, its growth depends on adoption within privacy-sensitive industries, and its price remains subject to market volatility.

Highlight

ARPA Chain (ARPA) is a blockchain protocol that enhances privacy-preserving computation, enabling secure and efficient data sharing without compromising privacy.

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Arpa Price Statistics

ARPA Price Today

ARPA Price

₹1.881

Price Change 24h

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0%

Price Change 7d

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12.04%

Market Rank

#717

Market Cap

₹238 Cr.

Trade Vol 24h

₹87 Cr

Circulating Supply

₹152 Cr. ARPA

Trading Activity

57% Buy43% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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