Pirate Chain
ARRRDecentralized blockchain focused on user privacy
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Project Overview
Pirate Chain is a private, decentralized blockchain that uses zk-SNARKs to shield 100% of the peer-to-peer transactions on the blockchain, making them highly anonymous and private.
Pirate Chain releases mandatory update v6.0.14, chain rolled back to pre-attack block
In an announcement posted on October 22 via Pirate Chain’s official X account (@PirateChain), the team released mandatory update v6.0.14. On October 14, attackers exploited two verification vulnerabilities to mint approximately 39.82 million fake ARRR in the transparent coinbase pool, temporarily inflating the supply by about 20%. Following a consensus reached by the community, node operators, mining pools, exchanges, and dPoW notarizers, the chain was rolled back to block height 4,176,944 (October 14 at 19:55:14 UTC, prior to the attack). Version 6.0.14 automatically rejects the exploited blocks and all subsequent blocks, completely removing the counterfeit coins, while the maximum supply of ARRR remains unchanged at 200 million. dPoW notarizers have agreed to continue notarizing the patched chain, and old forks will no longer receive notarization. The team requires all users, Treasure Chest and CLI node operators, miners, mining pools, exchanges, and service providers to immediately deactivate the outdated version and upgrade.
Pirate Chain Hit by Vulnerability Exploit, Causing Approximately 20% Increase in Token Supply
According to official reports, privacy blockchain project Pirate Chain disclosed that it suffered a transaction verification vulnerability exploit, resulting in the unauthorized minting of approximately 39.8 million ARRR and an increase in the total token supply of about 20%. The attacker transferred the newly minted funds into the Sapling shielded pool, after which part of the funds flowed into the NonKYC exchange, with related deposit accounts restricted from withdrawals; due to the shielding features of the transactions, the complete subsequent flow of funds cannot be traced.
Related news
Pirate Chain releases mandatory update v6.0.14, chain rolled back to pre-attack block
In an announcement posted on October 22 via Pirate Chain’s official X account (@PirateChain), the team released mandatory update v6.0.14. On October 14, attackers exploited two verification vulnerabilities to mint approximately 39.82 million fake ARRR in the transparent coinbase pool, temporarily inflating the supply by about 20%. Following a consensus reached by the community, node operators, mining pools, exchanges, and dPoW notarizers, the chain was rolled back to block height 4,176,944 (October 14 at 19:55:14 UTC, prior to the attack). Version 6.0.14 automatically rejects the exploited blocks and all subsequent blocks, completely removing the counterfeit coins, while the maximum supply of ARRR remains unchanged at 200 million. dPoW notarizers have agreed to continue notarizing the patched chain, and old forks will no longer receive notarization. The team requires all users, Treasure Chest and CLI node operators, miners, mining pools, exchanges, and service providers to immediately deactivate the outdated version and upgrade.
Pirate Chain Hit by Vulnerability Exploit, Causing Approximately 20% Increase in Token Supply
According to official reports, privacy blockchain project Pirate Chain disclosed that it suffered a transaction verification vulnerability exploit, resulting in the unauthorized minting of approximately 39.8 million ARRR and an increase in the total token supply of about 20%. The attacker transferred the newly minted funds into the Sapling shielded pool, after which part of the funds flowed into the NonKYC exchange, with related deposit accounts restricted from withdrawals; due to the shielding features of the transactions, the complete subsequent flow of funds cannot be traced.