This is the first that I've heard of ChaCha for encryption ( https://en.wikipedia.org/wiki/Salsa20#ChaCha_variant ). Apparently it's a standard that Google is pushing to replace RC4 and already is using for HTTPS between google.com and Android. If arc catches on I'm curious if it could support inline operations. E.g. on a 100gb+ archive can I read the tar index without decrypting the entire archive first, can I extra…
If you are seriously concerned with the effects of Bit Rot on long term storage I suggest you invest in Magnetic Tapes. Which can be insured against bit rot for >300 years (Yes IBM and Oracle sells insurance for this, but only on IBM tape's/decks, they'll also have to inspect your storage facility). With highly specialized requirements comes highly specialized solutions.
However the tape reader/recorder will probably not last that long. These things need special care (don't forget the cleaning tape every other month) and can act a little weird when the mechanical parts wear down (or even before in many cases).
The Ultrium LTO standard states that a tape recorder for version N must read/write N-1 and read N-2. Given that there is a new version around every 3 years, it gives you around 10 years of strong guaranty on your capacity to actually recover your data.
To properly manage data on a longer period you need to migrate the data to a new media. In fact, the problem then became mostly organizational.