From the captain’s chair

[KorioLinn]

It also bears mentioning that, up to now, Pirate Chain has been a passion project for all involved. Despite providing a resource with a quarter billion dollars in market cap, none of the Pirate Chain crew has been drawing a salary. wARRR’s minimal transaction fee will be going to fund their further efforts as well as to reward liquidity providers.

Even so, it’s unlikely to give each ARRR developer a chestful of doubloons and pieces of eight. Draeth’s frigate is crewed by true believers dedicated to the mission of promoting online privacy.

“I’m a huge privacy advocate,” the captain says. “It started when I came across an app on my Android phone that collected data and couldn’t be uninstalled. Then, when I became an early adopter of crypto, I thought, ‘This is something that had to happen for the good of the world.’ It’s mind boggling how privacy is violated without people even knowing.”

As popular cryptocurrencies and exchanges proved to be less “nonpublic” than envisioned, Draeth focused his attention on privacy coins. Now that Pirate Chain is well established, he expresses the need to take it to the next level by offering wARRR in addition to ARRR.

“wARRR extends the ARRR use case by easing entry,” Draeth says. “This makes the whole project more well rounded.”

[Viki]

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