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Class Leading Security with Cutting Edge Privacy.

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Self custody. Default Privacy. State of the Art Technology

What is Pirate Chain?


Discover Pirate Chain: The Future of Privacy in Cryptocurrency

In a world where privacy is increasingly threatened, Pirate Chain (ARRR) made its grand debut on August 29th, 2018, promising a sanctuary for those seeking an anonymous, secure, and untraceable cryptocurrency. With its cutting-edge cryptographic techniques, Pirate Chain not only matches the standards set by Bitcoin and other cryptocurrencies but surpasses them.

Pioneering Unprecedented Transactional Privacy

Pirate Chain doesn't merely play the game of digital currencies; it changes the rules entirely. Its unparalleled transactional privacy ensures that the sender, receiver, and transaction amounts are cloaked in privacy. This groundbreaking feature provides an armor of security for users that is unrivaled in the realm of digital currencies.

Revolutionizing the Art of Cryptocurrency Mining

Pirate Chain isn't just about transactional privacy; it also reinvents the concept of mining privacy. Employing a proof-of-work consensus mechanism similar to Bitcoin, Pirate Chain shields the amount mined per address, thus providing a mining experience that is as private as it is secure.

Meet the Masterminds Behind Pirate Chain

At the heart of Pirate Chain is a team of visionary developers hailing from renowned projects such as Bitcoin, Komodo Platform, ZCash and Monero. United by their staunch belief in financial privacy as a non-negotiable human right, this dynamic team continues to steer Pirate Chain towards the mainstream, one milestone at a time.

Financial Privacy: No Longer a Luxury, But a Necessity

In an era where your digital footprint can be your downfall, financial privacy has transformed from a luxury into a necessity. Pirate Chain addresses this growing concern head-on, offering a transactional experience that is as anonymous as it is secure, effectively safeguarding your financial data from misuse and surveillance.

Pirate Chain vs Bitcoin: The Battle of Giants

When put head-to-head with Bitcoin, Pirate Chain doesn't just compete—it dominates. Pirate Chain's offering of truly private transactions, lightning-fast confirmation times, and an accessible mining process set it apart as a superior alternative to Bitcoin.

Beyond Privacy: The Practical Utility of Pirate Chain

Pirate Chain isn't just about enhancing privacy—it's also about practicality. With a growing network of online retailers and service providers accepting Pirate Chain as payment, this cryptocurrency isn't just a concept, but a reality. As the world wakes up to the importance of financial privacy, the adoption of Pirate Chain is set to skyrocket.

In essence, Pirate Chain is more than just a cryptocurrency—it's a movement. It underscores the importance of financial privacy as a fundamental human right, ushering in a new era of secure, private, and anonymous digital transactions. Get onboard the Pirate Chain today and secure your financial future.

Introduction: What is Pirate Chain?

What Is Pirate Chain? Advancing Frontiers in Cryptographic Privacy through Innovatively Integrated Protocols: A Deep Dive into Pirate Chain's Model

Pirate Chain's Mission

Charting the course in the emergent domain of privacy-centric cryptocurrencies, Pirate Chain (ARRR) showcases itself as a technological vanguard in the turbulent digital seas, promulgating a sophisticated melange of advanced cryptographic methodologies to fortify transactional anonymity. Since its inaugural voyage in 2018, the keystone objective of Pirate Chain’s operations orbits around the meticulous safeguarding of users' financial privacy on a global scale, fortified through an unwavering strategic implementation of a robust, industry-endorsed privacy protocol.

Unique Privacy Strategy

Pirate Chain's transactional privacy strategy takes an unorthodox tack, pioneering the obligatory incorporation of shielded z-addresses and z-transactions, ensuring absolute obfuscation of transactional data from public purview. This operational thrust is quintessentially facilitated through the deployment of the Zero Knowledge-Succinct Non-interactive Argument of Knowledge (zk-SNARKs) protocol - a groundbreaking zero-knowledge proof protocol that empowers an entity to affirm the veracity of information to another party, without divulging any subsidiary details beyond the statement's truthfulness. This compact nature of zk-SNARKs, permitting rapid verification, underpins the protocol's industry-wide acceptance as the pinnacle of privacy protocols.

Building the Technological Foundation

Building upon this technological foundation, Pirate Chain elevates the paradigm by imposing mandatory privacy for every transaction, a marked departure from most extant cryptographic assets that present privacy as an optional attribute, yielding a convoluted mix of concealed and transparent transactions. Pirate Chain's privacy imperative ensures that all transactional minutiae, including the sender and receiver addresses, transaction quantum, and transaction ID, remain enshrouded from public scrutiny. The exclusive accessibility of this data is granted solely to the transacting entities, empowering them with the prerogative to renounce privacy by publicizing the transaction ID as evidentiary proof of the transaction, when deemed necessary.

Consensus Model: Delayed Proof of Work (dPoW) Protocol

The consensus model undergirding Pirate Chain's operations is the Delayed Proof of Work (dPoW) protocol, a security schema designed to co-opt the formidable infrastructure of the Bitcoin network as a deterrent against malevolent incursions. This dPoW model adjoins an ancillary layer of consensus rules to the extant Proof of Work (PoW) framework, thus inducing an additional security stratum. This stratified consensus mechanism is engineered to periodically capture blockchain snapshots and sequester them within the Bitcoin blockchain, enabling Pirate Chain to reap the security dividends of Bitcoin's architecture. In an act of preemptive defense against potential 51% double-spend attacks, Pirate Chain exploits the dPoW algorithm proffered by Komodo, thereby indexing Pirate Chain's blockchain onto Komodo’s and Litecoin’s blockchains. This makes the breaching of Pirate Chain's defenses a herculean task, necessitating an improbable overcoming of both Komodo's and Litecoin's blockchains - a logistical and financial improbability.

Economic Model

In the economic sphere, Pirate Chain operates within a deflationary model, incorporating a block reward structure poised to undergo halving roughly every 270 days. This model is designed to stimulate token scarcity and thereby potentially amplify the ARRR token's value longitudinally. The total supply of ARRR tokens is slated to just marginally exceed 200 million. With a block generation period close to 60 seconds, reward halving events are orchestrated to recur every 388,885 blocks, approximately aligning with a 270-day timeline.

Community Engagement

At the heart of Pirate Chain lies an unyielding commitment to community engagement. This is reflected in the extensive initiatives undertaken to cultivate a dynamic and vibrant community ecosystem. This grassroots collective, galvanized by an unequivocal dedication to personal privacy, embodies the quintessential ethos of the pirate life - an untiring pursuit of freedom and the entitlement to a life devoid of oppressive systemic intrusion. The Pirate Chain collaborative network comprises a decentralized assembly of altruistic volunteers, unified by a collective commitment to advancing privacy safeguards for humanity.

The Impact of Pirate Chain

The inception of Pirate Chain is emblematic of a pivotal advancement in the realm of privacy-centric cryptocurrencies. By intertwining the zk-SNARKs protocol with an obligatory private transaction mandate and bolstered security mechanisms, Pirate Chain presents itself as a formidable bastion of transactional privacy. In contrast to its contemporaries, Pirate Chain achieves a distinctive privacy paradigm, fortified through relentless technological innovation, fostering an anonymous and private digital currency ecosystem.

Community Activities and Future Plans

The robust Pirate Chain community maintains an active presence across various social media platforms, facilitating lively exchanges, timely updates, and peer support. Weekly communal meetings further the spirit of transparency and engagement, discussing the project's development trajectory, user inquiries, and future strategic planning. In addition to offering a robust privacy-centric cryptocurrency, Pirate Chain's ambitions stretch into the realm of infrastructural development for practical applications. These encompass the construction of point-of-sale systems, payment gateways, and mobile wallets, besides promoting interoperability through collaborative endeavors within the Komodo ecosystem.

A Significant Privacy Milestone

Pirate Chain represents a significant milestone in the relentless quest for comprehensive financial privacy. Resiliently navigating the stormy digital waters, it stays steadfastly anchored to its core tenets of privacy, security, and freedom. It is this unwavering dedication to the preservation of privacy rights that will continue to guide Pirate Chain towards fulfilling its mission, reinforcing the adage, “Not your keys, not your coins; Not your ship, not your voyage.”

In the fiercely contested domain of cryptographic assets, Pirate Chain has carved its niche, consistently outperforming benchmarks in privacy, security, and transactional efficiency. A detailed analysis of its attributes reveals why Pirate Chain stands as an unrivaled leader in its class.

Key Features of Pirate Chain

  • Unprecedented Privacy and Security: Pirate Chain mandates absolute privacy via the zk-SNARKs protocol and the dPoW consensus model, engineering a robust bastion against intrusive transactional scrutiny and malevolent security breaches. This has resulted in an impregnable fortress of transactional privacy, the zenith of Pirate Chain's accomplishments. Furthermore, the support for the TOR network enhances the privacy and security features, making Pirate Chain the epitome of transactional anonymity.
  • Exceptional Transactional Speed: Pirate Chain excels in executing high-velocity transactions, facilitated by the 'succinct' nature of zk-SNARKs proofs. The compactness of these proofs expedites the verification of transactions, fostering superior efficiency and user experience.
  • Minimal Transaction Fees: In the competitive cryptographic landscape, Pirate Chain offers minimal transaction fees. This economic efficiency amplifies its allure to users seeking cost-effective transactional solutions in a privacy-centric digital currency environment.
  • Optimized Full Node Wallet The lightweight design of Pirate Chain's full node wallet augments the user-friendliness and practicality of its adoption. This design consideration not only bolsters overall system efficiency but also incentivizes increased adoption, contributing to the decentralization ethos that Pirate Chain champions.
  • Commitment to Decentralization Pirate Chain’s emphasis on maintaining a decentralized network of volunteers cultivates a democratic and transparent operational ethos, reinforcing its strong commitment to privacy and freedom.
  • Strategic Collaborative Endeavors Pirate Chain's active collaborations within the Komodo ecosystem and its focus on fostering interoperability highlight its progressive approach, aligning its operations with the trajectory of future blockchain developments. The implementation of the Sapling upgrade paves the way for lite wallets, mobile wallets, and Point of Sale functionality, indicating a forward-thinking strategy.

The amalgamation of distinctive features

The amalgamation of these distinctive features has catapulted Pirate Chain into a unique position in the realm of privacy-centric cryptocurrencies. As it continues to navigate the turbulent digital seas, Pirate Chain remains committed to its mission, guided by the north star of privacy, security, and freedom. The current market trends and future developments further solidify Pirate Chain's position in the cryptographic asset sphere.

Comparison Chart

This chart is under construction and not currently accurate. Do not use or copy.
Pirate Zcash Monero Dero Dash Bitcoin Ether
Circulating Supply 196M16.3M17M13.5M11.2M19.3M120M
Max Supply 200M21MUnlimited21M18.9M21MUnlimited
Privacy Protocol ZK-SnarksZK-Snarks Ring SignaturesRing Signatures contain an inherent security flaw called a decoy attack involving the use of decoys (or "mixins") to attempt to deanonymize the sender. CryptoNotePrivateSendNoneNone
51% Attack Proof dPoWNoRandomXDeroDAGChainLocksNoNo
Trustless Setup WIPHalo 2YesYesNoNoNo
Quantom Proof WIPNoNoNoNoNoNo
Mandatory Privacy YesNoYesYesNoNoNo
Shielded Balance YesPartiallyYesYesNoNoNo
Shielded Supply YesOptionalOnly optional private Zcash blockchain transations are shielded. Read more.YesYesNoNoNo
Anonymity Set Large Zcash's large anonset is the result of artificial Zcash bots, rather than being organic. Read more. Botted MediumSmallMediumNoneNone
Turing Complete Applications that are Turing Complete carry a potential memory loop vulnerability that may make them less secure. NoNoNoYesNoNoYes
Mining Dev Tax NoYesNoNoYesNoNo
ICO NoYesNoNoYesNoYes
Premine NoNoNoYesDero premind 2 million DERO tokens. These tokens are not part of the circulating supply. The tokens were allocated to the team and they will be unlocked according to a specific vesting schedule.NoNoYes
Fully Auditable Supply YesYesYesYesYesYesYes
Decentralized YesNoYesPartiallyYesNoNo
Transfer Fees LowMediumLowLowLowHighHigh
Transaction Speed FastMediumMediumFastMediumSlowSlow
Node Size Small blockchain full nodes make it easier for people to host their own node, thus make a project more decentrlized SmallMediumMediumMediumLargeLargeLarge