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Pirate Chain
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ARRR
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26.5163
ARRR
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Explore ARRR in Onchain
ARRR may be available for swapping via Onchain, our official decentralised product. Try it now.
Explore ARRR in Onchain
ARRR may be available for swapping via Onchain, our official decentralised product. Try it now.
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ARRR
$0.3771
+12.40%
Market cap
$74M
Rank
#402
24H volume
$182,679
Circulating supply
196.21M ARRR
100% of total
All-time high
$16.90
-4382.35%
All-time low
$0.01
96.62%
Total supply
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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