1D
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USD

Pirate Chain ($ARRR)

ARRR Price
$2.9401
22.66%
Market Cap
$542.89M
22.69%
Volume
$878,366
40.04%
Transp. Vol.
12%54.24%
Grade
B gradeB grade
Rank
#120

ARRR / Pirate Chain Chart

(24 hour)
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Pirate Chain Daily Performance

Today's Pirate Chain price is $2.9401, which is up 23% over the last 24 hours. Pirate Chain's market cap is $542.89M. 24 hour ARRR volume is $878,366. It has a market cap rank of 120 with a circulating supply of 184,650,414 and max supply of 200,000,000. Pirate Chain is traded on exchanges. Pirate Chain had an all-time high of $13.57 3 months ago. Over the last day, Pirate Chain has had 12% transparent volume and has been trading on 36 active markets with its highest volume trading pairs being .

ARRR Data Highlights
Pirate Chain Price (24hr)$2.9401 (22.66%)
Market Cap$542.89M (22.69%)
Trading Volume (24hr)$878,366 (40.04%)
Transparent Vol. (24hr)
$103,60112% (54.24%)
Transparency GradeB gradeB grade(Good)
Circulating Supply184,650,414 (92.33%)
7D Price Prediction
N/A
1st 1D CandleApr '19
1st TradeJun '19
1st OrderbookJun '19
Exchanges15
Trading Pairs36
Updated1 minute

Pirate Chain Statistics

Price

$2.9401
Price Change
$0.543121 (22.66%)

All-Time High

$13.57
Date of ATH4/23/2021
Days Since ATH94
% of ATH21.67%
Price vs ATH

Market Cap

$542.89M
Mkt Cap Change
$100.40M$100,397,062 (22.69%)
Mkt Cap Rank120
Mkt Dominance<1%
Mkt Dominance

Circulating Supply

184,650,414
Max Supply200,000,000
% in Circulation92.33%
% in Circulation

Volume

$878,366$878,366
Vol. Change
$251,146$251,146 (40.04%)
Exchange VolumeUnknown

Transparent Volume

12%
Transparent Volume (Δ)
54.24%
Transparent Volume
A - 12%
C - 29%
D - 60%
? - <1%

About Pirate Chain

Pirate Chain token or ARRR is a cryptocurrency that was released by the Pirate Chain platform in 2018. The main goal of the facility was to create a private and secure digital asset. For this reason, the main priority was the security and the privacy of the user when the protocol was designed. Pirate Chain has accumulated the best security practices in the industry combining the features of ZK-SNARK, ZCash, and Monero’s privacy enforcement.

The aims targeted by the Pirate Chain project

The founders of the platform pursued the goal of providing transparency and security simultaneously thus providing financial freedom to the members of the community. Pirate Chain technologyю The official website of the platform assures that it managed to create the strongest privacy protocol in the industry that contributes to the quality of the strategy chosen by the company.

The platform uses the consensus algorithm Equihash proof-of-work taken from Zcash but the team added the security layer to it taken from Komodo that provides an enhanced level of security to Pirate Chain's protocol. Though security features are common for different cryptocurrencies nowadays, they are often optional. In contrast to them, ARRR implements an obligatory, private-only usage of zk-SNARKS technology, which is based on a zero-knowledge proof protocol that enables proof to the other party that the statement is true without disclosing the information beyond the validity of the statement.

As the proofs are succinct, there is a possibility of their almost instant verification. Using the most secure privacy protocol, the cryptocurrency differs from other assets. The private information of its users is never revealed. It refers to such personal data as the address of the sender, the amount of transaction, the address of the receiver, and transaction ID. Only two parties of the transaction are aware of these details. The customers are still entitled to opt-out of privacy if they wish. Thus, the platform returns the control to users who can decide upon the security issues on their own.

The blockchain originates from the Komodo ecosystem. The platform has managed to solve the fungibility problem encountered by Zcash. In the opinion of the developers, disabling the ability to send to transparent addresses can be a solution to this problem.

The team employs the dApp zMigrate, which is a standalone program interacting with the daemon “Komodod” for the conversion of the user’s funds in Sprout addresses into a Sapling address. Technical enhancement of Sapling allowed adding the point-of-sale integration, webshop plugins, hardware wallets, and mobile wallets via the capability of zSPV (Simple Payment Verification).

Pirate Chain platform

The platform started its work after the public launch in August 2018. There was no pre-mining of coins, and no developers’ fees were charged. Also, no ICO or IEO was organized before the launch of the platform, so the growth of the project is absolutely organic. The project of the platform is self-financing through the KMD Notary Nodes and the community.

Being a fully decentralized blockchain, it is not controlled by a third party so the person is in charge of his funds at any time. The code takes care of the validity of transactions. It means that the third party is not required for that.

Using dPOW (delayed Proof-of-Work) consensus, the protocol is more difficult to hack, while the fees are affordable for vendors and customers. The code makes fraudulent chargebacks impossible. The confirmation of transactions takes several minutes. The transaction fee is 0.0001 ARRR.

The blockchain is secured by Komodo’s 64 elected Notary Nodes, which notarize transactions embedding them into Bitcoin’s network in a delayed manner. The platform also contributed to the creation of ARRRmada, which is a network of stores that accept ARRR payments. This is an attempt to promote the cryptocurrency of the platform and make it a more widespread payment method.

It is possible to run Piratechain over the TOR Network that is done with the goal to obfuscate the user’s IP address. Only concealing a number linked to geographical location, the person can feel secure. Customers only need a TOR browser and the Komodo binaries to run PirateChain. It is possible to find detailed guidance on the site of the platform telling users how to do it.

The cryptocurrency is traded on such platforms as Tradeogre, Turtle DEX, Changelly, CoinEx, Polarity, BTDEX, SafeTrade, Bilaxy, and others.

Pirate Chain team

Many leading developers of the Komodo project are involved in the development of the Pirate Chain project. For instance, such names are mentioned on the Medium channel of the community as James Lee, the lead developer of Komodo, Grewalsatinder, Komodo developer, Jane Mercer, a developer for ZCash, Duke Leto, a developer for Hush, and so on. The platform uses the labor of more than 100 contributors who worked a lot to grow and develop the system from the first days of its existence.

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Pirate Chain Markets

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Pirate Chain Historical Data

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Frequently Asked Questions

  • What’s the current Pirate Chain price? How much is 1 Pirate Chain worth?

    The price of 1 Pirate Chain is $2.9401. Over the last 24 hours, a Pirate Chain is worth 22.66% more. Go here to convert ARRR prices to currencies other than USD.
  • When did Pirate Chain start?

    The earliest trading data for Pirate Chain is on April of 2019 (based on current exchange data).
  • How high can the Pirate Chain price go?

    Pirate Chain’s price has gone as high as $13.57 (which is ARRR’s all-time high). It achieved this price 3 months ago. Speculations abound for how high Pirate Chain’s price will get in the future.

Today's ARRR / Pirate Chain News for July 26, 2021

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