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!