Pirate Chain

Currency:

Price

0.22 USD

Today +/-

+0,00 USD

Today %

+null %

Market Cap

$41.27M

24h Volume

$459.8K

Vol/MCap: 0.0111

Fully Diluted Valuation

$43.40M

Circulating Supply

196.21M ARRR

100%Max: 196.21M

24h Range

$0.2180

$0.2270

All-Time Range

$0.007978

$16.76

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

Exchange	Market Pair	Price	Depth +2%	Depth -2%	Volume 24H	Volume %	Type	Liquidity Rating	Freshness
Gate	ARRR/USDT	0.13	266.07	71.5	100,551.66	0	cex	97	7/9/2025, 4:23 AM
MEXC	ARRR/USDT	0.13	223.81	843.56	99,600.52	0	cex	110	7/9/2025, 4:18 AM
Gate	ARRR/ETH	0.15	7.06	89.12	84,048.35	0	cex	1	5/29/2025, 6:09 AM
LATOKEN	PIRATE/USDT	0.04	134.86	266.6	28,504.72	0.01	cex	22	4/7/2025, 4:29 AM
CoinEx	ARRR/USDT	0.13	87.29	53.19	5,208.58	0	cex	60	7/9/2025, 4:23 AM
CoinEx	ARRR/BTC	0.13	138.48	118.94	4,630.5	0	cex	104	7/9/2025, 4:23 AM
TradeOgre	ARRR/USDT	0.13	8,656.25	0.35	4,386.7	0.19	cex	19	7/9/2025, 4:21 AM
ChangeNOW	ARRR/BTC	0.36	39.49	39.49	6.07	0	cex	1	7/9/2025, 4:18 AM
FMFW.io	ARRR/BCH	0.1	0	0	0	0	cex	1	7/9/2025, 4:21 AM
Changelly PRO	ARRR/BTC	0.15	0	0	0	0	cex	1	7/9/2025, 4:21 AM

Pirate Chain FAQ

On August 29, 2018, a group of developers from the Komodo community initiated an independent asset chain utilizing the technology provided by the Komodo Platform. Pirate Chain leverages Delayed Proof of Work (dPoW) from Komodo, zero-knowledge proof (zk-SNARKs) transactions from ZCash, and enforces private-only transactions rules similar to Monero. While many other "privacy" coins offer optional privacy features, Pirate (ARRR) claims to be a completely private send cryptocurrency and is touted as the first 'z transaction-only' chain. ZK-Snarks technology (zero-knowledge cryptography) is employed to secure peer-to-peer transactions. The team asserts that this approach has resulted in the largest shielded private pool of funds among all privacy coins. Pirate is safeguarded against 51% attacks through the use of Komodo’s dPoW, which means its blocks are notarized onto both Komodo and Litecoin blockchains. Any attempt to conduct a Sybil attack on Pirate would need to surpass the combined hashrates of Bitcoin, Komodo, and Pirate, posing a prohibitively high cost for malicious actors. Pirate was launched fairly, with no ICO, no premine, and no developer fees.

Pirate Chain (ARRR) is distinguished in the cryptocurrency domain for its emphasis on privacy and security. Initiated on August 29, 2018, by developers from the Komodo community, Pirate Chain utilizes advanced privacy protocols to guarantee full anonymity for its users. Unlike numerous cryptocurrencies that provide optional privacy settings, Pirate Chain mandates private transactions through the use of zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge), a technology derived from ZCash. This ensures that all peer-to-peer transactions on its blockchain are completely shielded. Pirate Chain's architecture is reinforced by the Komodo Platform, incorporating Delayed Proof of Work (dPoW) to bolster security. This method notarizes Pirate Chain's blocks onto both the Komodo and Litecoin blockchains, making it highly resilient to 51% attacks. The combined hashrates of Bitcoin, Komodo, and Pirate Chain create a significant barrier against Sybil attacks, substantially increasing the cost for any potential malicious entity. Pirate Chain's dedication to privacy is highlighted by its boast of having the largest shielded private pool of funds among privacy coins. This is accomplished through its distinctive enforcement of private-only transactions, setting it apart from other privacy-oriented cryptocurrencies. With a maximum supply of 200 million ARRR and a block time of 60 seconds, Pirate Chain provides a robust and efficient network for secure transactions. The project was launched fairly, with no initial coin offering (ICO), no premine, and zero developer fees, underscoring its community-focused philosophy. The codebase and ongoing developments are accessible on GitHub, ensuring transparency and fostering trust within the community. Pirate Chain's official website offers a central resource for additional information and updates.