| General information | |
|---|---|
| Global rank: | 611 |
| Name: |
Pirate Nation |
| Symbol: | PIRATE |
| Current coin price (KMF): | 71.62 CF |
| Last hour: | arrow_upward2.67 % |
| Last 24 hours: | arrow_downward-4.93 % |
| Last 7 days: | -12.64 %trending_down |
| Capitalisation (KMF): | 17 031 358 448.66 CF |
| Volume 24h (KMF): | 379 786 278.22 CF |
| Available supply: | 237 813 528.00 PIRATE |
| Total coin supply: | 105 000 000.00 PIRATE |
| Start date: | 2018-10-17 |
Pirate Nation/Comorian Franc (PIRATE/KMF) price chart
Pirate Nation/Comorian Franc (PIRATE/KMF) capitalisation and volume charts
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.
$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.