What is Pirate Chain (ARRR)? | Pirate Chain Explained in Under 60 Seconds

3 years ago
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Pirate Chain ARRR is a private, decentralized blockchain that uses a privacy protocol to provide advanced security and anonymity to users.

The Pirate Chain cryptocurrency $ARRR can be used for completely private, shielded and anonymous peer-to-peer transactions.

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Forced Z-Transactions (Fungibility) - Unlike other ‘privacy’ coins, Pirate Chain only accepts ‘Sapling’ shielded transactions, which eliminates transparent transactions on its blockchain and provides fungibility.

zk-SNARKs (Zero-Knowledge Cryptography) technology is utilized to shield every transaction, creating the largest private pool, and the first ‘z-transaction-only’ blockchain.

Pirate Chain is secured by Komodo’s Delayed Proof of Work (dPoW) mechanism, which provides a high level of security and protects against 51% attacks.

Technical improvements to Sapling allows for the development of mobile wallets, PoS integration, web shop plugins, and much more.

WEBSITE: https://pirate.black/

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