Pirate Chain is privacy-focused crypto-currency that features best-in-class anonymity by using optional Zk-SNARKs transactions. Pirate Chain crypto is an excellent way to guarantee anonymity for transactions, making it valuable to those users that are serious about their privacy.
Pirate Chain is the first crypto to implement a privacy-by-default use of the strongest, best-reviewed privacy protocol in the industry, ZK-SNARK (Zero-Knowledge-Succinct Non-Interactive Arguments for Knowledge). Pirate Chain leverages the best technologies of various platforms, such as Delayed Proof-of-Work protocol (DPOW) by Komodo, Zero Knowledge-Succinct Non-Interactive Argument of Recursive Knowledge (zkSNARK) by ZCash, and Private-Only Transactions Enforced Rule used by Monero. The Pirate Chain (ARRR) uses a Delayed Proof-of-Work (dPoW) algorithm which works to increase the security while validating its blocks on both Komodos (KMD) and Bitcoins blockchain.
Addresses utilizing Pirate Chains pirate-themed, in-house cryptocurrency, ARRR, are shielded, meaning no one can see a wallets balance or past transactions. On Pirate Chain, all transactions are shielded and visible only to senders and recipients of the pirate chain native cryptocurrency, ARRR, with an option to waive the privacy by explicitly releasing transaction identifiers. Today, with ARRR, users can expect to conduct fully private, anonymous transactions.
Using the Pirate Chains proprietary ARRR cryptocurrency to conduct transactions provides full privacy and security by default, which is something no other privacy-focused crypto has offered so far. Unlike other coins which provide optional privacy, The Pirate Chain has 100% privacy, enshrouding each and every transaction. This guarantees holders collective knowledge of the Pirate Chains total market capitalization (ARRR), as well as privateizing token usage for every transaction afterward.
Right now, Pirate Chain claims to have the largest shielded private pool out of all the privacy coins. While projects such as Zilliqa (ZIL) or Polygon (MATIC) might have loftier goals such as achieving widespread enterprise adoption, Pirate Chain (ARRR) is going to fulfill its goal so long as it keeps up the anonymity promises. An under-the-radar privacy-focused altcoin is Pirate Chain (ARRR), a project which uses privacy protocols that cannot be compromised by other users activities on the network, according to its website.
Pirate Chain (ARRR) is based on the Asset chain in Komodo Platform, which is a fork of privacy-focused blockchain ZCash a Privacy-focused blockchain. Pirate Chain uses ZK-Snarks to secure 100% of the peer-to-peer transactions in the blockchain, making it a highly anonymous, private transaction. This information is available only to sender and recipient, who maintains the ability to choose not to privacy, by disclosing transaction identifiers as evidence for transactions, should they wish.
