Pirate Chain

Pirate Chain ARRR

$0.0685
Market Cap $ 11.475 MM (#465)
24h Volume $ 51.726 K
Chg. 24h: 3.04%
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Pirate Chain project purpose and description

Pirate Chain clarity of purpose

Pirate Chain purpose and aspects

PirateChain (ARRR) is a private send cryptocurrency. PirateChain uses ZK-Snarks to shield 100% of the peer to peer transactions on the blockchain making for highly anonymous and private transactions.

Pirate Chain categories

Blockchain as a serviceDigital currencyAnonymity

Short description

PIRATECHAIN (ARRR), A truly private, decentralised blockchain secured by Komodo dPoW,

Abstract

A fully private cryptocurrency and shielded blockchain originating from the Komodo ecosystem. Pirate solves Zcash’s “fungibility problem” through the elimination of transaction functionality to transparent addresses in its blockchain, making private usage “fool-proof”. This feature results in a fully shielded user coin base in the Pirate chain. By consistently utilizing zk-SNARK technology, Pirate coin leaves no usable metadata of user’s transactions on its blockchain. All outgoing transactions other than mining block rewards and notary transactions are sent into shielded Sapling addresses maximizing the efficiency and speed of its chain. Pirate utilizes the consensus algorithm Equihash proof-of-work originating from Zcash, with an added security layer of delayed proof-of-work from Komodo which provides a higher than BTCgrade level of security to the Pirate blockchain. The future of private decentralized payments is here.

Link to Roadmap: https://pirate.black/wp-content/uploads/2019/05/PIRATE_roadmap.png
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