1.Project information
Private Chain (ARRR), Chinese name: pirate chain, is indeed a private, decentralized private token and the key assets chain of coin and Komodo big ecology. Relying on security trading of “seedling”, pirate chain is disconnected with miner award and trading notarization to reach the goal of improving the private and security function of Monero and solving “exchange problem” of big coin.
2.Project information（As of April 24, 2019）
- English name: ARRR
- Chinese name: Pirate chain
- Algorithm: Equihash
- Block time: 60s
- Scale: turn volume: 84 million, total quantity: 200 million
- Market value: 3230 thousand dollars
- Financing: No ICO, No pre-mining
- For computer power: https://miningpoolstats.stream/piratechain
3.rating: A
Strengths:
- ARRR is the key assets chain of Komodo ecology, solving the pain points of Monero and coin;
- Deep decentralizing and strong anonymous function;
- ARRR gives consideration to secure and quick transmission, security mechanism which is much difficult to be cracked than Bitcoin is adopted, privacy and security are guaranteed by delaying Proof-of-Work (dPOW);
- Development team has over 30 members with strong development capability;
- Output deduction by half is about to happen, time of the next deduction by half is May 27, 2019.
Weaknesses:
- Very large turn volume, accounting for 42% of total;
- Disclosure of route map and team information is not detailed.
4.Useful links
Official website: https://pirate.black
Block chain browser: https://explorer.pirate.black