Piratechain is the world's first private cryptocurrency which implemented shielded transactions as a default. We all know that zcash is the first cryptocurrency using zero-knowledge-proof protocol but zcash don't use it as a default. Approximately only 4-5 percent of the all zcash transactions are shielded and rest are transparent. It means that shielded transactions can be easily identified. Because PirateChain uses default shielded transactions there's no way to know how much money you have, to whom you've sent the money etc. Additionally piratechain uses komodo's dpow to be secure against 51% attacks. Using zk-snarks and dpow makes this cryptocurrency world's most private and secure cryptocurrency. Piratechain is community project and had no premine or ico. Maximum supply of this coin is 200 million and approximately 56 arrr already mined.
Privacy is too important in blockchain world and therfore l think that Piratechain has a huge potential to compete with privacy coins like monero and zcash.
Purpose of this post is to show the uniqueness of this cryptocurrency and buying this coin isn't a financial advice!
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