PirateCash (PIRATE) is an experimental digital ecosystem created for B2B services and private global payments, operating on a peer-to-peer model without a central authority. It uses the PirateCash Core open-source software and is built on a Proof of Stake (PoS) system, prioritizing user anonymity and privacy with untraceable transactions. The $PIRATE currency is integral to this ecosystem, offering efficient network security without massive computing power. The supply of $PIRATE is limited to 105 million coins, ensuring its value against debasement. Users can earn rewards through coin staking, with an eligibility criterion of holding $PIRATE for at least 8 hours and a halving reward system every four years. $PIRATE can be obtained from various exchanges, facilitating user participation in the PirateCash ecosystem.
