cryptopromisespromises, checked
Dashboard

Pirate Chain

ARRR#524 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pirate Chain is for private payments. We have not written its record yet, so its promises are not checked. It trades at $0.2273, #491 of all coins by size, 99% below its highest ever price.

This week Nothing changed on its record.

A real job. No dated promises on its pages. Nothing dated ahead. #5 of 19 privacy coins. Nothing to be careful of on the record.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
8 yearson the marketsince 29 August 2018
ExpandCollapse

2 of 4

  • A real-world jobReal-world purpose: private payments
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $44.6M, 7 times smaller than Decred, the biggest coin within reach doing the same thing (Privacy Coins)

No named backer

  • Origin29 August 2018about about 8 yearspiratechain.com, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet3 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Privacy Coins ($7.28M). To match the leader, Decred ($292.32M), its price would need to rise 555%, to about $1.49.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags
  • Only 3 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

ExpandCollapse

Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#5of 19 privacy coinsthe typical one is worth $7.28M
$44.6Mworth todayprice × coins out
$7.28Mthe typical rival is worthPrivacy Coins
$292.32Mthe leader is worthDecred
ExpandCollapse

Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Private payments

21 coins tagged Privacy Coins, worth $29.75B together. #7 of 21 by worth.

Privacy Coins: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Pirate Chain$44.6Mthis coin+0.1%no maxno record
  • Decred$292.32M6.6× bigger, +$247.73M−1.1%, gap −1.284% outnone dated
  • Zano$94.48M2.1× bigger, +$49.88M−2.7%, gap −2.8no max51 of 69 delivered
  • Nockchain$87.41M2.0× bigger, +$42.81M−13.1%, gap −13.254% out20 of 30 delivered
  • Verge$44.75Mabout the same size−0.9%, gap −1.1no maxno record
  • Zclassic$16M2.8× smaller, −$28.59M+241.2%, gap +241.190% outno record
  • Firo$14.36M3.1× smaller, −$30.23M+4.0%, gap +3.989% outno record
  • MinoTari (Tari)$11.33M3.9× smaller, −$33.27M+1.8%, gap +1.7no maxno record
Same job, different how

Privacy Coins: this coin next to Decred, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Pirate Chain says
Pirate Chain (ARRR) is a 100% private send cryptocurrency.
Decred says
Decred is a cryptocurrency where coin holders vote on network changes and treasury spending, and development is paid for from the network's own treasury.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Pirate Chain (ARRR) is a 100% private send cryptocurrency. It uses a privacy protocol that cannot be compromised by other users’ activity on the network.

Problem it says it solves: private payments. 21 coins are working on it and together they are worth $29,751,829,740. This coin is 0% of that.

Where it trades: Nonkyc.io, MEXC, Gate, CoinEx

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

ExpandCollapse
Why is it this small?

Privacy Coins: this coin next to the group's largest, Decred.

Pirate ChainDecred
Years trading8 years11 years
Major exchanges03
Named backers01
Headlines, last month31
Promises deliveredno recordno record

What it says is different: Pirate Chain (ARRR) is a 100% private send cryptocurrency. It uses a privacy protocol that cannot be compromised by other users’ activity on the network.

It is 15.3% the size of Decred. On the facts above it is behind on years trading, major exchanges, named backers. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.2273price of one+0.1% today
99%below its highest ever$17 on 23 April 2021
100%of the supply is out196.21M coins
ExpandCollapse

The last 7 days

7 days ago: $0.2723now: $0.2273 (−16.0%)

Where today sits against its highest ever price

$0.2273

Highest ever: $16.76 on 23 April 2021. Today is 1% of that.

98%

of all ARRR that will ever exist is already out in public hands: 196.21M coins.

2% (3.79M coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.2273price of one
×
196.21Mcoins out
=
$44.6Mworth today, #491 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 196.21Min circulation of 200M total. No hard maximum is set, so more can be created.
  • 1%of its all-time high of $16.76 on 23 April 2021. That is −98.6% from the top.
  • #491by market cap, $44,596,318.
  • 29 August 2018first block, as listed by CoinGecko.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

3headlines, last monththat name this coin
0about governmentregulation, courts, central banks
ExpandCollapse

Headlines per day, last 30 days

3 headlines named this coin in the last month.

What they were about

    Why it movedDown 16% this week. No headline named it in the last three days, so the move is not explained by news we can see.

    In the news

    Headlines are the publishers' own. News is never placed next to price.

    The record itself

    Qualifies for a record and its pages are captured daily, but the record has not been written yet.

    Pages saveddailycaptured every night
    Promisesnone yetno record drafted
    ExpandCollapse

    Six facts, the project's own replies, its peers, contract facts, references and every stored copy