Pirate Chain Plans Hard Fork to Address Unauthorized Mint of 39.8 Million ARRR

Pirate Chain plans a network upgrade and hard fork beginning at the block before an unauthorized mint of about 39.8 million ARRR, an issuance that increased supply by roughly 20%. The project has not announced a block height or activation date.

A transaction-validation flaw discovered Oct. 14 let an issuance check be bypassed and output scripts be interpreted incorrectly. The newly created ARRR entered the Sapling shielded pool, and their later movement cannot be tracked in full.

The proposal followed an initial notice that set a rollback target of Oct. 14 at 4 p.m. ET (20:00 UTC). A later update said the decentralized network could not be frozen or rolled back unilaterally, then outlined the hard-fork plan. The update did not explain how the proposed fork relates to the earlier rollback target.

The network remains operational. dPoW operators have voluntarily halted notarizations, while exchanges and mining pools were urged to pause operations and users were urged to leave funds unmoved. The proposal adds a recovery plan to earlier coverage of the mint and initial response.