What is Pirate Chain? The Pirate Chain (ARRR) is a cryptocurrency that allows to process cryptocurrency in a completely anonymous form. We answered the questions of what is the Pirate Chain, what it offers, what is ARRR coin, what is it for, how to get it. Let’s examine this project, which claims to offer 100% closure to users.
What is Pirate Chain?
Launched in 2018, The Pirate Chain (ARRR) is a cryptocurrency that aims to provide 100% process anonymity. One of the main goals of Bitcoin (BTC) was to serve as an alternative to government-backed fiat. While privacy-conscious individuals flocked to the token in its early days, more than one realized that it did not adequately protect user and process privacy. This was partly due to a few fundamental principles that were implemented at the development stage of BTC.
Bitcoin and many other cryptocurrencies run on public blockchain networks. These networks allow anyone to see public addresses and processes on the network for transparency. BTC and others use standard security protocols to protect wallets. But they do this without a protocol used to protect the identity of every user participating in a process. This is where Pirate Chain comes into play. The project argues that it will increase the functionality of cryptocurrencies, with a focus on tacitness.
What does Pirate Chain offer?
Cryptocurrency projects such as Pirate Chain are quite abundant in the market. It has leading cryptocurrency altcoins like Monero and ZCash. So what makes Pirate Chain different from them? It is difficult to give a single answer to this. However, the thesis that Pirate Chain will increase the functionality of privacy altcoins such as Monero and ZCash is valuable. Accordingly, the project solves the security problems of Monero (XMR) and mutability of Zcash (ZEC) by integrating new implicit methods. By doing this, it aims to solidify its place in the cryptocurrency market.
What is ARRR? What’s the use?
ARRR is the market code for the Pirate Chain cryptocurrency. This closed altcoin, which has made a name for itself in the last period, works with the zk-snark technique. This procedure maximizes the privacy and security of users. However, the asset is also supported by Tor Browser, which is in the middle of the most adequate privacy-focused browsers on the market. Through dApps on the Blockchain network, users can integrate their wallets with various E-commerce platforms. Thus, it is possible to shop anonymously with ARRR.
What is Pirate Chain? How to get ARRR?
Pirate Chain is listed on KuCoin, Gate.io and CoinEx exchanges. Investors who want to buy ARRR coin must choose one of these exchanges and then become a member of the selected exchange. Users who do this can buy the cryptocurrency by depositing an asset in their account according to ARRR parities.