Quick jump
Hello and welcome to this blog post about ARPA Chain ARPA White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the ARPA Chain ARPA white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the ARPA Chain (ARPA).
I can ensue you that, you will be able to understand every bits and pieces related to ARPA Chain (ARPA) after going through the ARPA Chain ARPA white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
ARPA Chain ARPA White Paper
ARPA Chain ARPA white paper will be going to provide you, all the information that is needed to get started with ARPA Chain (ARPA), including the inspiration for creating, the problem it is trying to solve and the solution proposed by ARPA Chain (ARPA).
Abstract
“We propose a secure computation solution for blockchain networks. The correctness of computation is verifiable even under malicious majority condition using information-theoretic Message Authentication Code (MAC), and the privacy is preserved using Secret-Sharing.
With state-of-the-art multiparty computation protocol and a layer2 solution, our privacy-preserving computation guarantees data security on blockchain, cryptographically, while reducing the heavy-lifting computation job to a few nodes.
This breakthrough has several implications on the future of decentralized networks. First, secure computation can be used to support Private Smart Contracts, where consensus is reached without exposing the information in the public contract.
Second, it enables data to be shared and used in trustless network, without disclosing the raw data during data-at-use, where data ownership and data usage is safely separated.
Last but not least, computation and verification processes are separated, which can be perceived as computational sharding, this effectively makes the transaction processing speed linear to the number of participating nodes.
Our objective is to deploy our secure computation network as an layer2 solution to any blockchain system. Smart Contracts\cite{smartcontract} will be used as bridge to link the blockchain and computation networks. Additionally, they will be used as verifier to ensure that outsourced computation is completed correctly.
In order to achieve this, we first develop a general MPC network with advanced features, such as:
1) Secure Computation,
2) Off-chain Computation,
3) Verifiable Computation, and
4)Support dApps’ needs like privacy-preserving data exchange.”
White Paper Link: ARPA Chain (ARPA) White Paper
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