Pirate Chain Price (ARRR)
Pirate Chain Price Chart (ARRR/USD)
Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.
|1||KuCoin||ARRR / USDT||$0.31538700||0.41%||$77,644|
|2||TradeOgre||ARRR / BTC||$0.45259000||0.88%||$34,544|
|3||KuCoin||ARRR / BTC||$0.34876500||0.72%||$23,070|
|4||CoinEx||ARRR / BTC||$0.21412200||0.70%||$22,005|
|5||Gate.io||ARRR / ETH||$0.39586300||3.29%||$20,559|
|6||Gate.io||ARRR / USDT||$0.32302300||0.35%||$12,997|
|7||CoinEx||ARRR / USDT||$0.17519800||0.39%||$8,539|
|8||FMFW.io||ARRR / BTC||$0.23342400||1.76%||$88|
|9||HitBTC||ARRR / BTC||$0.39089400||2.61%||$16|
|10||FMFW.io||ARRR / BCH||$0.28463300||57.36%||$59|
|11||SafeTrade||ARRR / BTC||$0.40121000||6.33%||$0|
|12||HitBTC||ARRR / BCH||$0.28623800||57.36%||$60|
|13||CITEX||ARRR / BTC||$0.20986100||56.91%||$1,266|
|14||CITEX||ARRR / USDT||$0.19122400||66.35%||$702|
ARRR Price Statistics
- Pirate Chain Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $41,934
- Market Cap Rank #459
- Market Cap $39,016,388
- Volume / Market Cap 0.0011
Apr 23, 2021
Nov 26, 2020
Pirate Chain: A Cloaked Cryptocurrency
Cryptocurrencies have revolutionized the financial world as we know it. They offer a decentralized, secure, and anonymous method of conducting transactions. Among the many cryptocurrencies available, Pirate Chain has gained attention for its focus on privacy and security.
Pirate Chain: An Overview
Pirate Chain (ARRR) is a privacy-centric cryptocurrency that aims to provide its users with complete anonymity. It was launched in August 2018 as a fork of Komodo, a well-established blockchain platform. Pirate Chain operates on the ZK-Snarks protocol, which ensures that all transactions are completely shielded and untraceable.
Unlike most cryptocurrencies, Pirate Chain does not rely on any centralized entity for its governance or management. It operates as a decentralized autonomous organization (DAO), which means that all decisions regarding its development and future are made by the community through a consensus mechanism.
The primary objective of Pirate Chain is to facilitate private and secure transactions without compromising on the fundamental principles of blockchain technology.
Privacy and Security Features
Pirate Chain has implemented various privacy and security features to safeguard user transactions. One of its standout features is the use of shielded transactions, which employ zero-knowledge proofs to ensure that the transaction details remain completely hidden from prying eyes. This means that senders, receivers, and the transaction amounts are obfuscated, offering users complete anonymity.
Another notable feature is the delayed proof-of-work (dPoW) mechanism utilized by Pirate Chain. dPoW adds an extra layer of security by leveraging the notarization services provided by the Bitcoin blockchain. This process enhances the immutability and reliability of Pirate Chain by linking its blockchain to the well-established Bitcoin network.
Benefits of Pirate Chain
The focus on privacy and security makes Pirate Chain an attractive choice for users who value anonymity in their transactions. By utilizing ZK-Snarks technology, Pirate Chain enables individuals and businesses to conduct transactions without leaving a traceable digital footprint. This feature has gained popularity among those who value financial privacy, such as activists, journalists, and individuals living in oppressive regimes.
Furthermore, Pirate Chain's decentralized structure ensures that no central authority can control or manipulate transactions. This increases trust and reduces the risk of censorship or interference by external entities.
Pirate Chain has gained a loyal community of supporters who believe in its mission of providing private and secure transactions. As awareness about the importance of privacy grows, Pirate Chain is likely to see an increase in adoption and usage.
While Pirate Chain faces competition from other privacy-focused cryptocurrencies, its robust privacy and security features, combined with its decentralized governance, give it a unique positioning. With continuous development, partnerships, and community support, Pirate Chain has the potential to establish itself as a prominent player in the cryptocurrency industry.