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Topic: [ANN][PIRATE CHAIN](ARRR) A zk-SNARKS only blockchain, secured by dPoW - page 46. (Read 50371 times)

hero member
Activity: 1068
Merit: 523
Make sure your address is in the list! Airdrop will happen soon.
Arrrr! All aboard! I'm in!
Get ready, Monero! PIRATE is coming!

PIRATE is the best of Zcash combined with the best of Monero. It’s a forced Shielded-transactions (z-transactions) only blockchain, meant for completely anonymous transactions. PIRATE is mined into a transparent address, but can only go into a shielded address from there. PIRATE is an independent blockchain built using Komodo Platform technology which is privacy transactions only blockchain. PIRATE is feature complete for what it does, there is no need for any more PIRATE core improvements.

The only risk for PIRATE is that another similar z only asset chain gets launched that dilutes the value going into this super private anon coin for komodo ecosystem. Normally this is a huge problem in crypto i.e. there is no digital scarcity when the cost of cloning is effectively zero, so new comers prefer a  cheaper alternative to the expensive original, so we see litecoin and doge etc etc  

 As PIRATE is based around the existing komodo community though, i think there is much less risk of PIRATE clones diluting the value of the original inside the kmd ecosystem , and any PIRATE clones will appear in the ecosystems of komodo clones, which makes sense!

I think komodo will have only one PIRATE!
sr. member
Activity: 1622
Merit: 270
Undeads.com - P2E Runner Game
Make sure your address is in the list! Airdrop will happen soon.
Arrrr! All aboard! I'm in!
Get ready, Monero! PIRATE is coming!

PIRATE is the best of Zcash combined with the best of Monero. It’s a forced Shielded-transactions (z-transactions) only blockchain, meant for completely anonymous transactions. PIRATE is mined into a transparent address, but can only go into a shielded address from there. PIRATE is an independent blockchain built using Komodo Platform technology which is privacy transactions only blockchain. PIRATE is feature complete for what it does, there is no need for any more PIRATE core improvements.
newbie
Activity: 5
Merit: 0
Make sure your address is in the list! Airdrop will happen soon.
newbie
Activity: 53
Merit: 0
we can use open source cex
hero member
Activity: 1068
Merit: 523
This is fantastic project!  When exchange?  Wink

Yes, PIRATE is a fantastic project, afaik komodo team is working on details for how centralised exchanges could list a coin like this with only anon z transactions by default. Some technical things to work out, but hopefully soon we can trade this wonderful addition to crypto privacy, fungible digital cash!
Can someone explain why centralized exchanges (eg binance/bittrex) will not list a only anon z transaction coin like this?

Some exchanges want to kyc devs now to list coins, or at least have a real person to deal with from the dev team. Also, with PIRATE the problem might be how to track down lost payments for support tickets, with anon z only transactions the exchange will need to factor in other ways to track deposits and withdrawals, they can't use a block explorer,  or payment Id's like monero. It's possible, they just need to be motivated to do the work, PIRATE isn't a regular  plug n play crypto, that's why it's so promising!
newbie
Activity: 26
Merit: 0
This is fantastic project!  When exchange?  Wink

Yes, PIRATE is a fantastic project, afaik komodo team is working on details for how centralised exchanges could list a coin like this with only anon z transactions by default. Some technical things to work out, but hopefully soon we can trade this wonderful addition to crypto privacy, fungible digital cash!
Can someone explain why centralized exchanges (eg binance/bittrex) will not list a only anon z transaction coin like this?
hero member
Activity: 1068
Merit: 523
This is fantastic project!  When exchange?  Wink

Yes, PIRATE is a fantastic project, afaik komodo team is working on details for how centralised exchanges could list a coin like this with only anon z transactions by default. Some technical things to work out, but hopefully soon we can trade this wonderful addition to crypto privacy, fungible digital cash!
full member
Activity: 144
Merit: 100
Great idea for a zcash clone, hope it gets on an exchange with some volume
newbie
Activity: 58
Merit: 0
Arr PIRATE maties,

More than 10% of current PIRATE supply will be airdropped to those who missed out on early days mining.

There is now a public pool with working payouts to Z-addresses, if you want to mine it easily (thanks to Webworker01): https://pirate.komodostats.com
To qualify for the airdrop all you need to do is supply a Z-address in a PM.

RULES:
-> The airdrop amount is 250,000 PIRATE
-> Send your z-address in a PM to this user
-> The airdrop will happen on: 19th of September 2018
-> Cut off for supplying Z address is the day before: 18th September at 0 UTC
-> Any Z-address submitted after this time will not be included in the airdrop
-> The PIRATE will be divided evenly over the addresses supplied. If 250,000 people apply you will each get 1.
-> Any BTT accounts made after 1st September 2018 or newbie accounts, will not be included in the airdrop!

(This account will be the official PIRATE account from now on)

Thank you for doing this airdrop Smiley

I removed previous critical posts about the test launch, you guys more than compensated!
newbie
Activity: 156
Merit: 0
Integrating pirate with hushlist could be one application

Centralized exchange another
exactly. I like the project to be listed on exchange the top 10 of coinmarketcap
newbie
Activity: 26
Merit: 0
Ahoy, Pirates!
I can't understand what I'm doing wrong.

I create wallet in accordance with instructions.
Quote
Generate Wallet and Address
    Build Komodo
    Launch PIRATE chain:
    ./komodod -ac_name=PIRATE -ac_supply=0 -ac_reward=25600000000 -ac_halving=77777 -ac_private=1 -addnode=136.243.102.225
    Generate Z address:
    ./komodo-cli -ac_name=PIRATE z_getnewaddress
    Securely backup your private key:
    ./komodo-cli -ac_name=PIRATE z_exportkey "zaddr"
Mined PIRATE for a few days.
Today I decide to check my balance in local wallet.
I restore my z-address using private key :
komodo-cli -ac_name=PIRATE z_importkey "mykey"
There were no any messages in cmd.
After:
komodo-cli -ac_name=PIRATE getwalletinfo
And it shows that balance is 0.

komodo-cli -ac_name=PIRATE getbalance
Again 0.

Then I go to :\Users\*****\AppData\Roaming\Komodo and delete PIRATE folder.
Download blockchain from the beginning, restore wallet with priv key, checking balance...still 0.
 
Aaaarrrrgggghhhh!!!! Where is my gold ?!

use:
z_gettotalbalance
sr. member
Activity: 1622
Merit: 270
Undeads.com - P2E Runner Game
Ahoy, Pirates!
I can't understand what I'm doing wrong.

I create wallet in accordance with instructions.
Quote
Generate Wallet and Address
    Build Komodo
    Launch PIRATE chain:
    ./komodod -ac_name=PIRATE -ac_supply=0 -ac_reward=25600000000 -ac_halving=77777 -ac_private=1 -addnode=136.243.102.225
    Generate Z address:
    ./komodo-cli -ac_name=PIRATE z_getnewaddress
    Securely backup your private key:
    ./komodo-cli -ac_name=PIRATE z_exportkey "zaddr"
Mined PIRATE for a few days.
Today I decide to check my balance in local wallet.
I restore my z-address using private key :
komodo-cli -ac_name=PIRATE z_importkey "mykey"
There were no any messages in cmd.
After:
komodo-cli -ac_name=PIRATE getwalletinfo
And it shows that balance is 0.

komodo-cli -ac_name=PIRATE getbalance
Again 0.

Then I go to :\Users\*****\AppData\Roaming\Komodo and delete PIRATE folder.
Download blockchain from the beginning, restore wallet with priv key, checking balance...still 0.
  
Aaaarrrrgggghhhh!!!! Where is my gold ?!
newbie
Activity: 53
Merit: 0
Integrating pirate with hushlist could be one application

Centralized exchange another
hero member
Activity: 1068
Merit: 523
It will take a while until it's needed.

The algo can be changed to verushash in 2 or 3 years

Until then mine the screws out of this

Oh that's good news, changing to verus algo would make pirate cpu friendly, brilliant!

One day tx fees alone might sustain some PoW chains, just got to get adoption going,
newbie
Activity: 53
Merit: 0
It will take a while until it's needed.

The algo can be changed to verushash in 2 or 3 years

Until then mine the screws out of this
hero member
Activity: 1068
Merit: 523
Especially if dpow becomes technically feasible

If the devs can add dPoW PIRATE would become the best anon crypto in the world, by far the best anonymity,  and with Bitcoin level security. Maybe it's not possible to notarize z transactions, but if it is, PIRATE becomes the perfect coin to store wealth in, and liquidity would grow with komodo adoption. PIRATE is a great complement to kmd, one for spending and everyday use, and one for buried treasure! If bitcoin is digital gold, PIRATE is digital buried gold.

May not be needed according to jl777

Interested to know what jl777 means, if it's possible to secure PIRATE with bitcoin level security some day i hope it happens, but I don't fully understand Zcash tech that well, let alone this new variation with z only transactions by default. All I know is enforcing privacy by default makes PIRATE a direct competitor with monero, but with better anon tech, and without the founders tax of zcash , so PIRATE is pretty darn awesome!
sr. member
Activity: 1204
Merit: 252
Can pirate mining be by CPU? Is other pool available for mining? The commands for cli wallet seems to be only for linux?
newbie
Activity: 53
Merit: 0
Especially if dpow becomes technically feasible

If the devs can add dPoW PIRATE would become the best anon crypto in the world, by far the best anonymity,  and with Bitcoin level security. Maybe it's not possible to notarize z transactions, but if it is, PIRATE becomes the perfect coin to store wealth in, and liquidity would grow with komodo adoption. PIRATE is a great complement to kmd, one for spending and everyday use, and one for buried treasure! If bitcoin is digital gold, PIRATE is digital buried gold.

May not be needed according to jl777
hero member
Activity: 1068
Merit: 523
Especially if dpow becomes technically feasible

If the devs can add dPoW PIRATE would become the best anon crypto in the world, by far the best anonymity,  and with Bitcoin level security. Maybe it's not possible to notarize z transactions, but if it is, PIRATE becomes the perfect coin to store wealth in, and liquidity would grow with komodo adoption. PIRATE is a great complement to kmd, one for spending and everyday use, and one for buried treasure! If bitcoin is digital gold, PIRATE is digital buried gold.
newbie
Activity: 26
Merit: 0
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