What is ARPA Chain (ARPA)?
ARPA Chain is a layer-2 solution that focuses on security and privacy. Besides the use of already-existing security methods such as Homomorphic Encryption, Zero-Knowledge Proofs, and Trusted Execution Environments, it deploys its own Multiparty Computation (MPC) model that enables different parties to work on the same task without revealing their inputs to one another. These together with sharding allows the network to achieve both security and scalability.
ARPA Chain offers data renting and secure private smart contract services for both individuals and enterprises. Its partners include AlibabaCloud, Sinochem, JD.com, IOST, and Zhejiang University, to name a few.
How ARPA Chain (ARPA) Works
ARPA Chain consists of two layers:
- Protocol layer, where nodes contribute computational power to receive ARPA tokens, node activities are recorded, and MPC is prepared for the computation layer.
- Computation layer, where MPC is executed and data is verified.
Unlike most other networks, ARPA Chain uses three mechanisms for consensus:
- Proof of Correctness (PoC), which is a consensus mechanism quite similar to PoW. But with PoC, only a few nodes are assigned work instead of all nodes in PoW.
- Proof of Computation, which records the amount of computation completed by nodes and releases rewards accordingly.
- Proof of Secureness, which verifies off-chain computation done in Trusted Execution Environments.
How Many ARPA Chain (ARPA) Tokens Are in Circulation?
ARPA is the native governance and utility token of the ARPA chain. There are 2 billion tokens in total supply, and 1.24 billion in circulation.
How to Buy ARPA Chain (ARPA)
Consider investing in ARPA Chain (ARPA)? It only takes 2 minutes to create an account on Bitget and start trading ARPA.
Check out the available ARPA trading pairs on Bitget!
Spot market
ARPA Chain (ARPA) Resources
Simple 3-step guide to buying ARPA today in Armenia
Create your free Bitget account
Select a funding method
Complete your ARPA purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for ARPA using a payment method of your choice:
Buy ARPA with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your ARPA order.
How to buy crypto with credit/debit cardBuy ARPA with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into ARPA is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your ARPA order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your ARPA order.Buy ARPA with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your ARPA order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor ARPA in your Bitget spot wallet
Bitget—where the world trades ARPA
How to buy ARPA for free
- Learn how to earn ARPA for free through the Learn2Earn promotion
- Earn free ARPA by inviting friends to join Bitget's Assist2Earn promotion
- Receive free ARPA airdrops by joining On-going challenges and promotions
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FAQ
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Armenia is a landlocked country in Western ASia. It neighbors Turkey to the west, Georgia to the north, the Lachin corridor and Azerbaijan to the east, and Iran and the Azerbaijani exclave of Nakhchivan to the south. The country has a total area of 29,743 km2 and a total population of 3,000,756. The capital is Yerevan, which is also the biggest city and the financial center of the country. Armenian is the recognized official language and Dram (AMD) is accepted as the national currency.
The country is mostly made up of mountainous terrains cut by rivers and sprinkled with forests. The culture of Armenia goes way back to the 9th century BC and has gone through many ups and downs of history. It is fortunate that we are able to experience their unique and rich culture today. Some top sights to visit in Armenia include Republic Square, Tsitsernakaberd Armenian Genocide Memorial Complex, Pagan Temple of Garni, Cascade Complex, and Geghard Monastery.
Whether you choose to visit Yerevan, Gyumri, or Vanadzor, ARPA(ARPA) can be purchased in a few minutes with Bitget. Bitget is the top crypto exchange in Armenia that offers a range of secure payment options to make trading easier, including P2P trading, crypto deposits, and other third-party merchants like Google Pay, Apple Pay, and credit card services.