Market
Pirate Chain
ARRR
$0.2349
-14.64%
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USD
ARRR
≈
42.5642
ARRR
$50
$150
$500
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Market data
Market cap
$46.1M
Rank
#594
24H volume
$159,447
Circulating supply
196.21M ARRR
100% of total
All-time high
$16.90
-7095.81%
All-time low
$0.01
94.58%
Total supply
196.21M ARRR
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About Pirate Chain
Pirate Chain Price Summaries
Pirate Chain's price today is $0.2349, with a 24-hour trading volume of $159,447. ARRR is -14.64% in the last 24 hours. It is currently -31.76% from its 7-day all-time high of $0.3443, and 8.10% from its 7-day all-time low of $0.2173.ARRR has a circulating supply of 196.21M ARRR.On 29 August 2018, several developers from the Komodo community piloted an independent asset chain with the technology offered by Komodo Platform. Pirate Chain harnesses Delayed Proof of Work (dPoW) from Komodo, zero-knowledge proof (zk-SNARKs) transactions from ZCash, and the rule of enforced private-only transactions by Monero.
Whereas many other “privacy” coins have optional privacy features, Pirate (ARRR) claims to be a 100% private send cryptocurrency, as well as the first 'z transaction-only' chain. ZK-Snarks technology (zero-knowledge cryptography) is utilized to shield peer to peer transactions. The team claims that this has created the largest shielded private pool of funds of any privacy coin.
Pirate is protected from 51% attacks by utilizing Komodo’s dPoW, meaning its blocks are notarized onto both Komodo and Bitcoin blockchains. Attempts to mount a Sybil attack against Pirate would have to overcome the combined hashrates of Bitcoin, Komodo, and Pirate. This is an astronomical cost that would deter malicious actors. Pirate started with a fair launch - no ICO, premine, and 0 dev fees.
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