ArQmA is a decentralized public blockchain project and is fully open source. The development team consists of enthusiasts who have been dealing with cryptography and computer science for a long time.
ArQmA is based on the Monero codebase and is constantly enhanced with new features, developed by the team itself or integrated from the rich and flourishing Cryptonote ecosystem.
Actually, the ArQmA Network uses the Cryptonight Turtle v2 PoW Hashing Algorithm, is ASIC and Nicehash resistant to give everyone a chance to mine. The blockchain is fast to synchronize. Transfers are anonymous and untraceable using Bulletproof RingCT.