Pirate

Buy Pirate
rank 160

2,00166 $

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.

Pirate (ARRR) is a cryptocurrency or a form of digital asset. Pirate (ARRR) price for today is $2,00 with a 24-hour trading volume of $2,466,988

Coin type: coin
Open source: Yes
Development status: Working product
Hardware wallet: No
Proof type: Delayed Proof of Work
Org structure: Decentralized
Hash algorithm: Equihash
Circulating supply: 187 627 147 ARRR
Total supply: 187 627 179 ARRR
Max supply: 200 000 000 ARRR