What is Pirate Chain? The Pirate Chain (ARRR) is a cryptocurrency that allows you to transact cryptocurrencies completely anonymously. cryptocoin.com In this article, we answered questions such as what is the Pirate Chain, what it offers, what is ARRR coin, what is it for, how to get it. Let’s take a look at this project, which claims to offer 100% privacy to users.
What is Pirate Chain?
Launched in 2018, The Pirate Chain (ARRR) is a cryptocurrency that aims to provide 100% transaction anonymity. One of the main goals of Bitcoin (BTC) was to serve as an alternative to government-backed fiat. While privacy-conscious people flocked to the token in its early days, many realized that it did not adequately protect user and transaction privacy. This was partly due to several fundamental principles implemented during the development phase of BTC.
Bitcoin and most other cryptocurrencies run on public blockchain networks. These networks allow anyone to see public addresses and transactions 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 transaction. This is where Pirate Chain comes into play. The project claims to expand the functionality of cryptocurrencies, with a focus on privacy.
What does Pirate Chain offer?
Cryptocurrency projects such as Pirate Chain are quite abundant in the market. There are leading privacy 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 claim that Pirate Chain will expand the functionality of privacy altcoins like Monero and ZCash is significant. Accordingly, the project solves the security problem of Monero (XMR) and the interchangeability of Zcash (ZEC) by integrating new privacy methods. By doing this, it aims to solidify its place in the cryptocurrency market.
What is ARRR? What does it do?
ARRR is the market code for the Pirate Chain cryptocurrency. This privacy altcoin, which has made a name for itself recently, works with the zk-snark technique. This method maximizes the privacy and security of users. However, the asset is also supported by Tor Browser, which is among the best 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 for them 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 need to 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.
