About
The ARPA BLS Threshold Signature Scheme (BLS-TSS) Network is a cutting-edge decentralized cryptographic system designed to perform BLS threshold signature tasks. Randcast, our first product leveraging the ARPA Network, provides secure and reliable random number generation on multiple prevailing blockchains. Random number generation is a fundamental cryptographic primitive that plays a crucial role in various applications, including secure communications, encryption, gaming, and lotteries. By employing the principles of threshold cryptography, specifically using the Boneh–Lynn–Shacham (BLS) threshold signature scheme, the ARPA BLS-TSS Network pioneers a novel approach to produce random numbers in a distributed and tamper-resistant manner, thereby enhancing security and trust.
Creating Nodes on ARPA
The ARPA BLS-TSS Network consists of multiple groups of nodes. Within a group, each node is responsible for completing a BLS task (generating a BLS-TSS signature jointly with the other nodes of the group). In order to ensure timely and accurate responses from nodes, each node in the network needs to follow the mechanism of staking and slashing. Currently we are integrating Eigenlayer to leverage ETH restaking to further secure network security. Therefore there are two paths to enter the network, by participating native staking or becoming a whitelisted Eigenlayer operator.
Rewards for Nodes
There are up to four types of rewards a node can earn if acted responsibly in a timely manner:
- Randomness submission reward
- 1 ARPA each time a node successfully submits a randomness result.
- BLS-TSS task reward
- 1 ARPA each time a node completes a BLS-TSS task.
- DKG post-process reward
- 60 ARPA each time a node completes the DKG post-proccess task during node grouping.
- Community staking delegation reward (by native staking only)
- 5% (up to 75,000 ARPA monthly) of the total community staking reward will be evenly distributed among all the delegated nodes. (Note: this reward can only be claimed when the node exits the network)
Coin Website: arpanetwork.io | |
Total Supply of Tokens: 2,000,000,000 ARPA | |
Protocol: Ethereum |
Long Term Price Prediction Table
Presented below is a long term price prediction table that was made using available market and coin information to predict possible future peaks and low points in this assets price. Bullcoins.info offers informational price predictions and not financial investment advice.
Year | Est. Min. Price | Est. Max. Price |
2024 | 0.065$ | 0.148$ |
2025 | 0.078$ | 0.193$ |
2026 | 0.105$ | 0.281$ |
2027 | 0.124$ | 0.502$ |
2028 | 0.189$ | 0.746$ |
2029 | 0.366$ | 1.043$ |
2030 | 0.479$ | 2.482$ |
2035 | 3.740$ | 16.96$ |
Top Volume Exchanges
Exchange | Leverages | Trade |
---|---|---|
125X | Trade on Binance | |
200X | Trade on ByBit | |
125X | Trade on BitGet | |
100X | Trade on Gate | |
125X | Trade on OKX | |
200X | Trade on MEXC |
Frequently Asked Questions:
You can purchase this coin on one of the many exchanges that have it available for trading. If you don’t have an account on any exchange, choose one from the exchanges list on this page.
If you don’t want to keep it in your exchange account’s balance, a wide range of wallets support the Ethereum Protocol, some storage options include: MetaMask, Trust Wallet, Coinbase wallet.
What is a Trading Score?
The Bullcoins Trading Score is based on overall Coin Exchange Performance and Trader Sentiment. This Rating doesn’t signal live market conditions. The order of these scores is: Low, Average, Fair, Good and Excellent