Hi Friends!!! As you already likely guessed in this article I will tell you about PirateChain(#ARRR). I am going to be with you honest and I hope this text I will be able to display the Personal opinion fully. I will not specify formulas and data. Articles with detailed analysis of a technical component are available in prosperity. I will try to tell simple words which I hope will understand everyone.

I learned about this project from the good acquaintance to whose words I already several times did not listen and in a consequence was sorry about it.

I consider will be correct to begin with a project name. Frankly speaking, at the first acquaintance it seemed to me amusing and even frivolous. But after a while after reading of thematic articles and communication in the chats of the same name I understood that this name was thought up not accidentally. As well as at the real pirates of last centuries the name of the project displays independence and devotion in the bosom of the family. And it is not mere words. A few days ago Developers announced the decision to compensate losses of those users who lost the means because of the carelessness and indifference. As a result of ignoring of obligatory actions with change of a purse these users had to lose the investments. However the team Pirate showed unprecedented nobility and closed eyes to such irresponsibility.

I mentioned about reading of articles? Yes them was quite a lot. Here only some. I persistently recommend to you to begin acquaintance to this project with these.

https://medium.com/@flexatron/mimblewimble-coins-beam-grin-vs-pirate-arrr-5b973b9e1180

https://medium.com/piratechain/dash-vs-pirate-arrr-31386a460ab8

https://medium.com/piratechain/bitcoin-private-btcp-vs-pirate-arrr-fe5b9aa50e8f

https://medium.com/piratechain/verge-xvg-vs-pirate-arrr-2b87a5cc3175

https://medium.com/piratechain/monero-xmr-vs-pirate-arrr-d3398dbd9500

If you became interested, then the complete collection of all videos and articles about the project can be found here.

I am not strong in a technical part, but articles are written in language, rather simple for understanding. If to remove all figures and to try to tell any person, then PirateChain uses zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge), pioneered by Zcash, and used subsequently on Komodo.

A Monero leading developer once openly stated that zk-SNARKs are better at producing pure untraceability that Monero, but with a caveat. Monero’s Riccardo Spagni said:

“There absolutely are better products! MimbleWimble provides significantly better scaling properties than Monero, and ZCash’s zkSNARKs provide much stronger untraceability characteristics than Monero (but a much smaller privacy set and much higher systemic risks).”

Pirate also looks to differentiate itself from Zcash by offering strict privacy, as opposed to optional privacy.

Agree even if the head of one of the largest private projects confirms the fact of superiority PirateChain, it means much. PirateChain took all the best from Zcash and Monero, but at the same time remained not similar to them and unique. Comparisons with other most popular private projects are also given in these articles. For comparison of Pirate(ARRR) with other private cryptocurrencies over time articles will be written too. I am sure such articles still will are written and I do not even doubt superiority of PirateChain.

I think that it will be very important to specify the separate fact. This project develops in very hard time for young projects. The idea and the embodiment are so original and timely that speeds of development can envy even very large projects which carried out the Bounty programs and early sale of coins.

On some points the team of developers copes even quicker than is defined by the road map.

For a small period contracts of mutually beneficial cooperation with various services and shops were signed. The main network was started on August 30, 2018, but even for such short period the team achieved amazing results. Already several shops and services accept ARRR as a payment method.

This list constantly is replenished and developers do not think to be satisfied with what has already been achieved.

Information on the project can be found on various thematic information resources. The largest of them added PirateChain to the lists too. I was strongly surprised that even Coinmarketcap made it absolutely free of charge. I consider that analysts of this website highly appreciated progress of the project. On these resources you can obtain necessary information on the exchanges on which ARRR bargains. Also there are references to official social networks and messengers and other very useful information.

https://www.cryptocompare.com/coins/arrr/overview

https://coinmarketcap.com/currencies/pirate-chain/

At the end of the narration I can tell that this project very strongly surprised me. Surprised dissimilarity with other projects, excellent marketing, philanthrophy and the highest degree of a technical component and support. I think that if is more than such projects, then the relation to cryptocurrencies and investments into them will quickly change in a positive side.

All thanks for reading!!!

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