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 Chain Price | $0.030411 USD |
|---|---|
| Pirate Chain ROI | -68.60% |
| Market Rank | #523 |
| Market Cap | $4,791,339 USD |
| 24 Hour Volume | $136,438 USD |
| Circulating Supply | 157,553,543 ARRR |
| Total Supply | 157,553,543 ARRR |
| Max Supply | 200,000,000 ARRR |
| All Time High | $0.296761 USD (Jun 03, 2019) |
| All Time Low | $0.012739 USD (Mar 16, 2020) |
| 52 Week High / Low | $0.296761 USD / $0.012739 USD |
| 90 Day High / Low | $0.046323 USD / $0.012739 USD |
| 30 Day High / Low | $0.036026 USD / $0.019784 USD |
| 7 Day High / Low | $0.032984 USD / $0.024787 USD |
| 24 Hour High / Low | $0.032984 USD / $0.029051 USD |
| Yesterday's High / Low | $0.032984 USD / $0.029051 USD |
| Yesterday's Open / Close | $0.030592 USD / $0.029692 USD |
| Yesterday's Change | $-0.000900 USD (-2.94%) |
| Yesterday's Volume | $69,105.05 USD |