ARRR Pirate Chain419
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$ 0.2038
-$0.002917
-1.43%
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About ARRR
Pirate Chain (ARRR) is a privacy-focused cryptocurrency designed to provide completely anonymous transactions. It leverages a Zcash fork with a custom implementation that mandates the use of zk-SNARKs for all transactions on its blockchain, making it one of the most private cryptocurrencies available. This mandatory privacy feature ensures that transaction details, including sender, recipient, and amount, are shielded by default, enhancing user anonymity and fungibility.
At its core, Pirate Chain operates on the Komodo ecosystem's delayed Proof of Work (dPoW) security mechanism. This innovative system notarizes Pirate Chain's blockchain onto the Bitcoin blockchain, providing an additional layer of security against 51% attacks. By regularly backing up its chain onto Bitcoin, Pirate Chain benefits from Bitcoin's immense hash power, making it significantly more resistant to malicious attacks than many other standalone privacy coins.
The ARRR token serves as the native currency within the Pirate Chain ecosystem. Its primary utility is for private, untraceable transactions, making it suitable for individuals and entities prioritizing financial confidentiality. Unlike some other privacy coins where shielded transactions are optional, ARRR's design ensures that all transfers are private by default, eliminating the possibility of accidentally exposing transaction data. This commitment to default privacy positions Pirate Chain as a robust option for those seeking true financial anonymity.
Pirate Chain distinguishes itself in the cryptocurrency landscape through its unwavering commitment to absolute privacy and enhanced security features. Its mandatory zk-SNARKs for all transactions, coupled with the dPoW security mechanism, establish it as a leading contender in the privacy coin sector. The project aims to provide a secure and private medium of exchange, appealing to users who value their financial sovereignty and protection from surveillance.
At its core, Pirate Chain operates on the Komodo ecosystem's delayed Proof of Work (dPoW) security mechanism. This innovative system notarizes Pirate Chain's blockchain onto the Bitcoin blockchain, providing an additional layer of security against 51% attacks. By regularly backing up its chain onto Bitcoin, Pirate Chain benefits from Bitcoin's immense hash power, making it significantly more resistant to malicious attacks than many other standalone privacy coins.
The ARRR token serves as the native currency within the Pirate Chain ecosystem. Its primary utility is for private, untraceable transactions, making it suitable for individuals and entities prioritizing financial confidentiality. Unlike some other privacy coins where shielded transactions are optional, ARRR's design ensures that all transfers are private by default, eliminating the possibility of accidentally exposing transaction data. This commitment to default privacy positions Pirate Chain as a robust option for those seeking true financial anonymity.
Pirate Chain distinguishes itself in the cryptocurrency landscape through its unwavering commitment to absolute privacy and enhanced security features. Its mandatory zk-SNARKs for all transactions, coupled with the dPoW security mechanism, establish it as a leading contender in the privacy coin sector. The project aims to provide a secure and private medium of exchange, appealing to users who value their financial sovereignty and protection from surveillance.
ARRR Data
Market Cap$39.98M
24H Turnover$107.69K
24H Volume522.40K
24H Range10.35%
24H High$0.2163
24H Low$0.196
Prev Open (UTC+8)$0.2235
Prev Close (UTC+8)$0.1998
All-Time High$16.90-98.8%
All-Time Low$0.0127
Circ. Supply196.21M
Total Supply--
Circulation Ratio--
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