#ARPA Chain is designed as a computing network that preserves data privacy. This network is a #layer2 scaling solution and enables data leasing. The purpose of the network is to separate data utility from ownership and provide a secure environment for data processing. #feedfeverchallenge
ARPA Coin is the native token of ARPA Chain. It runs on the #Ethereum network and is used to cover computation costs, data rental and value transfer. Token holders can pay for data processing or use computing power. #btc
They also have access to all features of the network, such as renting network space.
ARPA Chain consists of a private blockchain and utility token. The network also includes multiple proprietary systems. Proxy smart contracts are used to interconnect blockchains and secure the network.
The network structure consists of nodes, providers, consumers and supporters.
ARPA Chain protects data confidentiality using the MPC protocol. This ensures data processing by keeping each party's data input confidential and secure. Thus, data owners can ensure that their data is processed securely.
ARPA Chain is a serious candidate when it comes to data privacy and security. By enabling data rental, the network acts as a bridge between data owners and data processors.
ARPA Coin is the token used to conduct transactions on the network and is used to reward computing power used in data processing operations.
Advantages:
Securing data rental without revealing user identity and private data makes ARPA Chain stand out for many industries that require sensitive data storage solutions.
DAPP offers efficient and privacy-based smart contracts solutions for developers.
It expands the sectors it addresses by offering privacy-based rental services for individuals and businesses.
It has a scalable infrastructure with computational sharding.
Listed on Binance, Coinbase and many more major cryptocurrency exchanges
Disadvantages:
Due to the extreme volatility in the price, investors looking for a safe and risk-free investment tool may remove ARPA Coin from their lists.
Maximum supply can be said to be inflationary.
The token may need to be stored in a hardware wallet against the risk of attack, theft and hacking.
This article is for informational purposes only and is not a recommendation for personal investment decisions.