Pirate Nation

Pirate Nation (PIRATE)

Full information about Pirate Nation (PIRATE). Current Pirate Nation price in CLP, PIRATE open/close rates, Pirate Nation history charts, Pirate Nation market capitalization and volume.

1 PIRATE = 149.11 $ Chilean Peso (CLP)
0.1691048 CLP

Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago 1 USD = 881.740203 CLP

General information
Global rank:611
Name: Pirate Nation Pirate Nation
Symbol:PIRATE
Current coin price (CLP):149.11 $
Last hour:arrow_upward2.67 %
Last 24 hours:arrow_downward-4.93 %
Last 7 days:-12.64 %trending_down
Capitalisation (CLP):35 459 547 304.09 $
Volume 24h (CLP):790 720 807.06 $
Available supply:237 813 528.00 PIRATE
Total coin supply:105 000 000.00 PIRATE
Start date:2018-10-17
Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago

Pirate Nation/Chilean Peso (PIRATE/CLP) price chart

Pirate Nation/Chilean Peso (PIRATE/CLP) capitalisation and volume charts

What is PirateCash (PIRATE)?

PirateCash (PIRATE) is an experimental digital ecosystem designed to facilitate private B2B services and personal payments globally. Utilizing peer-to-peer technology, PirateCash operates without a central authority, with transaction management and money issuance being collectively handled by the network. PirateCash Core refers to the open-source software that enables the use of this currency. Emphasizing anonymity and privacy, PirateCash is a fully Proof of Stake (PoS) Cyber Decentralized Ecosystem, offering untraceable transactions to protect user privacy.

What is $PIRATE used for?

$PIRATE, the native currency of PirateCash, is used for several key functions within its ecosystem:

Efficient Security: Being a PoS coin, $PIRATE secures its network without the need for extensive computing power. This approach is detailed in the PirateCash whitepaper.Limited Supply: There is a cap on the total supply of PIRATEs, with only 105 million coins ever to be created. This limited supply ensures that $PIRATE cannot be printed or debased, maintaining its value.Coin Staking: Users can earn rewards by holding onto their PirateCash. After holding $PIRATE for 8 hours, they become eligible to earn a reward of 50 PIRATEs. This reward is subject to halving every four years. This staking process is an integral part of the coin's minting mechanism, encouraging users to invest and participate in the network's growth. Additionally, $PIRATE can be acquired through various PirateCash exchanges, allowing users to start participating in the ecosystem easily.