Ahoy fellow Pirates!
A new month is upon us, and with it the monthly Pirate Chain update, which can be found here: https://www.youtube.com/watch?v=yWoAguReoAw (USA update) and https://www.youtube.com/watch?v=_o96Q8x0iiI (EU update). Last month, full wallet encryption was added to the full node wallet. This was mentioned in a previous ARRRticle, but is worth mentioning again due to the impact it has in keeping our ARRR treasure as private as possible. It doesn’t stop there either, as they are working on the peer to peer traffic encryption for another level of privacy.
Pirate Chain hasn’t stopped in maintaining the security of our treasure either, as a bounty of 500 ARRR is up for grabs for anyone who is able to break the wallet.dat encryption. The amount will be increased by 100 ARRR weekly (https://pirate.black/treasure-chest-full-node-wallet-encryption-added/). They are doing everything they can to ensure it’s security and privacy is up to date.
Seed phrases have also been added to the full node wallet. The seed phrase can be imported from and to any other wallet, allowing for increased compatibility.
Pirates haven’t been holding back in having some fun, as the Pirate Life Casino is thriving, with over 140,000 bets having been placed thus far. This equates to over $5000 worth of profit. 25% of that goes to Pirate Chain for marketing and other developments.
A portion of wARRR fees will go toward marketing, promotions, and any other expenses that may occur. It has brought in about $5200.
Pirate Chain is not the only one seeking to make use of profits to fund further development and progress.
El Salvador President Nayib Bukele has announced that the government will be using profits from Bitcon to build 20 new schools. These schools will be funded entirely from Bitcoin earnings, with no taxpayers’ money. A veterinary hospital was already funded using Bitcoin gains. The fund, known as the FIDEBITCOIN trust account, is managed by the Bank for the Development of El Salvador (https://cryptobriefing.com/el-salvador-will-use-bitcoin-profits-build-new-schools/?utm_source=main_feed&utm_medium=rss and https://crypto-academy.org/building-schools-with-bitcoin-gains/).
Siam Commercial Bank (SCB), one of Thailand’s oldest banks, has announced that it will acquire a 51% stake in cryptocurrency exchange Bitkub for Thai Baht 17.85 billion (roughly USD $535 million) by the second quarter of 2022. The transaction will be subject to regulatory approval. The acquisition is expected to “help the SCB Group create new growth value in the long term amid a new financial world” (https://fortune.com/2021/11/03/thailand-crypto-exchange-newest-unicorn-siam-commercial-bank-bitkub/).
Miami Mayor Francis Suarez announced on Twitter that he would take his next paycheck 100% in Bitcoin (https://twitter.com/FrancisSuarez/status/1455562833006059528?s=20). This was in response to a tweet by Anthony Pompliano, an American entrepreneur, investor, and host of a podcast focusing on technology and finance, where he asked, “Who is going to be the first American politician to accept their salary in bitcoin?” Suarez asked for assistance from Miami’s CIO Mike Sarasti, who, in a later response, said that a Strike link had already been sent over to register.
If you’re looking to spend some ARRR, then look no further than the ARRRmada, as more merchants accept Pirate Chain as a form of payment, including to purchase seeds, livestock, and farm tools. The adoption rate continues to grow.
The Pirate Chain community hasn’t failed to come together once again, as some of them have taken the initiative to spearhead a hashtag campaign in October that involved posting as much as possible about Pirate Chain under the hashtag #weARRRpirate. This campaign has increased the visibility of Pirate Chain on Twitter and generated a lot of activity and follows.
Fellow Pirates and freedom-seekers in the US looking to get together may want to check out the MYOFB Meetup for individuals looking to discuss Pirate, cryptocurrencies, privacy technology, cybersecurity and freedom (https://pirate.black/pirate-chain-miami-meet-up/). The meeting will take place at the Crab Du Jour, 3201 North Miami Ave every second Tuesday of the month starting on November 9, from 7pm to 11pm.
Also in Miami is the Crypto Experience from November 10 to 12. It is an educational event where people can learn about blockchain technologies (https://www.facebook.com/events/james-l-knight-center/miami-crypto-experience/931657334073622/). Pirate Chain will have a booth there. Tickets are $350 US, but they are working to get a 20% discount with the code ARRR at checkout.
You may have heard it said that “It’s not Pirate Chain’s time,” but it’s always the time to invest in a coin that offers a currently unmatched level of privacy and security in a world where we are watching it fall apart. What this means, though, is that there are moments on the sea where the winds are still. The ship doesn’t appear to be moving, but it is during this lull that activity still occurs deep below the surface and high into the skies. We need to be ready for when the winds gust again and the currents flow.
It is during times like these we must strengthen our hold and amass our treasure. Let your treasure chests be filled to the brim and be ready for when you see movement again. For, a Pirates time is never over, nor are we ever really in a standstill. We are still only in the beginning of what is to come for Pirate Chain, for the Pirate Chain crew never ceases in refining our treasure and pushing the boundaries of the technology.
Be ready, Pirates. Our time is now. Fare thee well until next time.
No comments:
Post a Comment