Review on Pirate Chain by Pedro O. Alvino M.
Cryptocurrency with anonymous functions
By having anonymous functions, the project aims to compete against other cryptocurrencies with similar functions since, despite the fact that its network was launched in 2018, it does not have a solid support from the community.
By using ZK-Snarks it covers the private transactions that the operator requires in addition, being compatible with the TOR network.
The road map presenting for this year 2020 can have a great impact on the market due to the integration of platform tools, all of which are proposed in an anonymous way.
Pros
- Blockchain with anonymous functions.
- It uses ZK-Snarks as an anonymous function of the currency in the network.
- Independent blockchain using delayed proof of work protocol.
- It offers a protection system against attacks on the platform (PirateOs).
- It is compatible with the TOR network.
- The confirmation of blocks in 60 seconds in addition to establishing a reduction of rewards every 270 days.
- Its road map meets many implementations for this 2020.
Cons
- There are already several projects with the same privacy operation with greater use.
