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 proofShow more [+] (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.
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BTC
1MhJJKDEdRTPjDK6oRjq7LYF8nvc6nwT9X
ETH
0x878330469300301859ca7549869b66e98a08511c
LTC
LLpKbWkJ8FUtvzRdj8wgwBYu3XyBVmqMSL
BCH
qq6cc539pekzs9hhjekrptecd8u9umfpjgf85tyy6e
DASH
XnePqvwndoiKUmpwccZ8qtGjF6BBAwj6xD
ETC
0xb45b3de6780a07cacde2249df4a5068bd10860f4
XVG
DBgKdG6SwwvY85VeKrp6VkxBjXGZnKhsta
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