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Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 408. (Read 1266574 times)

member
Activity: 112
Merit: 10
sr. member
Activity: 316
Merit: 250
this just started, the current price is WAY UNDERVALUED

buy NOW, if you hesitated you'll just miss it again


 Grin Grin Grin
sr. member
Activity: 265
Merit: 250
Just reviewing the cloak coin anonymity claims.  This is interesting quote from the Whitepaper: "Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs between the Phase 1 and Phase 2 nodes."

My problem with this is:

1) the transaction are broadcast and, thus, propagated to all nodes.  A malicious node could simply record all these transactions and easily publish the records linking the transactions.

2) the elected node could itself be a spy and publish records of these transactions for all transactions it pretends to anonymise.

Further, there are a few other serious problems:

3) there are only two levels of mixing, which is hardly enough to provide any real guarantees

4) no mechanism is described that would prevent an anonymising node from stealing outputs

Hopefully my concerns and questions can help put the discussion back on to a productive track.

Thanks.

Obfuscation.  You have to think about PoSA like tor.

1. We can black list malicious nodes and rely on the fact that there will be so many nodes on the network (unlike centralized masternodes) that the majority will not be spy nodes and to find any relevant data will be next to impossible.  Nothing is 100% approaching limits is the best way to handle things.

2. Same question as 1

3. 2 levels out of a random selection. powers of two magnify probabilities of not being interfered with exponentially.

4. Again the same questions

Thank you for the technical post.  Hope this answers some.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
Just reviewing the cloak coin anonymity claims.  This is interesting quote from the Whitepaper: "Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs between the Phase 1 and Phase 2 nodes."

My problem with this is:

1) the transaction are broadcast and, thus, propagated to all nodes.  A malicious node could simply record all these transactions and easily publish the records linking the transactions.

2) the elected node could itself be a spy and publish records of these transactions for all transactions it pretends to anonymise.

Further, there are a few other serious problems:

3) there are only two levels of mixing, which is hardly enough to provide any real guarantees

4) no mechanism is described that would prevent an anonymising node from stealing outputs

Hopefully my concerns and questions can help put the discussion back on to a productive track.

Thanks.

shhh no real discussions are allowed in here - you will upset the pump.

Also whats to stop a bad actor from creating as many wallets/nodes as he/she wishes and capturing the data / stealing incoming transactions. This was done with XC rev 1.0 and the same applies to Cloak's design.

Sorry that your precious DRK is a worthless shitcoin, not too late to jump on the CLOAK train  Wink
legendary
Activity: 1036
Merit: 1000
Just reviewing the cloak coin anonymity claims.  This is interesting quote from the Whitepaper: "Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs between the Phase 1 and Phase 2 nodes."

My problem with this is:

1) the transaction are broadcast and, thus, propagated to all nodes.  A malicious node could simply record all these transactions and easily publish the records linking the transactions.

2) the elected node could itself be a spy and publish records of these transactions for all transactions it pretends to anonymise.

Further, there are a few other serious problems:

3) there are only two levels of mixing, which is hardly enough to provide any real guarantees

4) no mechanism is described that would prevent an anonymising node from stealing outputs

Hopefully my concerns and questions can help put the discussion back on to a productive track.

Thanks.

shhh no real discussions are allowed in here - you will upset the pump.

Also whats to stop a bad actor from creating as many wallets/nodes as he/she wishes and capturing the data / stealing incoming transactions. This was done with XC rev 1.0 and the same applies to Cloak's design.
full member
Activity: 236
Merit: 105
It's another beautiful day. Let's go for an All Time High for the fifth consecutive day!

Cloak is the best alt coin on the market - it has profited this week as BTC lost value
Innovation, creativity, and quality make cloak a coin for the future.
Go to cloaktalk.com to learn more!

Highest volume on Mintpal!
Highest volume on Cryptsy!
People who do diligent research know this is the coin to put your money into.
Go to cloaktalk.com to learn more!

The people who come to this channel to tell you negative things about cloak are afraid, only fear leads someone to behave this way....
Alt coins are all about making money speculating, why would someone flame another coin? FEAR


Cloak has made people exceptional profits earned through development people can see and test for themselves.
See for yourself at www.cloaktalk.com
legendary
Activity: 1232
Merit: 1001
Just reviewing the cloak coin anonymity claims.  This is an interesting quote from the Whitepaper.

Quote
"Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs between the Phase 1 and Phase 2 nodes."

My problem with this is:

1) the transaction are broadcast and, thus, propagated to all nodes.  A malicious node could simply record all these transactions and easily publish the records linking the transactions.

2) the elected node could itself be a spy and publish records of these transactions for all transactions it pretends to anonymise.

Further, there are a few other serious problems:

3) there are only two levels of mixing, which is hardly enough to provide any real guarantees

4) no mechanism is described that would prevent an anonymising node from stealing outputs

5) it is still easy to see between which nodes funds have transferred based on the amounts transferred.  No mechanism is incorporated to split up the transfers into smaller units.

Hopefully my concerns and questions can help put the discussion back on to a productive track.

Thanks.
sr. member
Activity: 378
Merit: 250
This shit is ridiculous. These trolls are giving crypto and the coin they represent a shity image. So classless. I myself apologize for talking shit in response. CLOAK ALL DAY EVERYDAY!
sr. member
Activity: 252
Merit: 250
I just cannot believe that this instamined shitcoin managed to survive this long. Shitcoin without any working features.

You are right about DarkCoin.
hero member
Activity: 952
Merit: 500
Dagger.  can you PM me so we can talk.  Thanks!

Finally! You could of did that 12 hours ago and saved everyone including yourself alot of time! Cheesy
full member
Activity: 224
Merit: 100
Please stop quoting Drkman, he's been reported to the moderators several times with 100% success rate.

All posts of his posts and anyone quoting him will continue to be removed due to his insistence on trashing talking this thread.
full member
Activity: 182
Merit: 100
Your posts are being deleted because when a new investor come he doesn't have to read your silly 5 questions repeated 50times.
full member
Activity: 236
Merit: 105
Jealousy is a powerful drug

Meanwhile, Cloak is still TITS
full member
Activity: 159
Merit: 100
drkman, who is this poor guy... you? haha
sr. member
Activity: 378
Merit: 250
LMAO! every one of these fuck heads is a drk cock sucker. Damn, We must be doing shit right to attract this much attention. drk lil bitches, We at Cloak are so flattered.
full member
Activity: 182
Merit: 100
Wow this guy is still here.
hero member
Activity: 1139
Merit: 500
I just cannot believe that this instamined shitcoin managed to survive this long. Shitcoin without any working features. The anon code is not open source. One Market LMFAO not working. Like it's hard to make a design. God fucking DAMN. You can slap the sheep with a dick across the face and still couldn't understand the obvious.

I really need some popcorn. I don't wanna miss this flash dump. It will be the funniest shit in crypto.

In 6 months time this coin will be a forgotten memory to day traders. Just enjoy the current ride and get out when you have made a decent profit and wait for the next coin promising the world.

hero member
Activity: 952
Merit: 500
I just cannot believe that this instamined shitcoin managed to survive this long. Shitcoin without any working features. The anon code is not open source. One Market LMFAO not working. Like it's hard to make a design. God fucking DAMN. You can slap the sheep with a dick across the face and still couldn't understand the obvious.

I really need some popcorn. I don't wanna miss this flash dump. It will be the funniest shit in crypto.

You must of got scammed with so many new shitcoins..hating on every coin now?

Anon code is not open source, why open it so another 1000x shitcoins pop up with working anon to scam you again?

Onemarket is in development, its not even done to be "Not working"
sr. member
Activity: 378
Merit: 250
These muthafuckaz desperate as fuck! I'm starting to get used to these weak minded maggots. It's more like entertainment watching them hate on us so much, because they scared little babies. CLOAK making moves!!!
hero member
Activity: 952
Merit: 500
Smokin.  The guy that got banned had just joined for the very first time that day and asked a couple of legit questions like "is the coin price too high due to recent price moves" and who are the anonymous devs and then asked them again when there was no response.  That is it.  I believe there was another who was saying curse words but snoopy never said anything like that and he was banned without a single warning or getting an answer to his question to attempt to vet the coin.

Then to make matters worse.  When I complained on this thread about it.  I was attacked, told lies to and my posts deleted repeatedly by the same dev, alty.  no clue what his problem is but his actions are not cool and I have tried repeatedly to be civil and have him fix the situation and unban those he banned without warning and who merely asked legit questions.  NOTHING but more deletion and centralized corruption.

Maybe you can help solve the problem.  Just unban the poor guy who got banned and we are done here.  Big money can't move in when you have ban happy devs blocking news outlets!!

Wrong buddy, looking through the chat you were copy-pasting the same line

Quote
The fact that people are being paid to write pro cloak articles is your clue to who is dumping into your buys.
Quote
Also, the fact that cloak's devs are anonymous and that most all development work has still yet to be produced is your other clue.  Not saying it WILL happen ut seen it time and time again and cloak is following the playbook.

Those were repeated over and over again, Alty was on and did say a few words so you could of just private messaged him on the irc asking your question. You were throwing accusations with no proof.

You also mentioned that the developments the dev team announced are just announcements but yet periodic updates of the current developments like PoSA, onemarket are not developments? PoSA was in a public beta test to see how it would function on a large scale and testing was ended. The devs are improving PoSA for the official release and yes the public beta of PoSA was on the main net I have proof of that too. TheDagger announced it when it was released to the public, alot tested it on main net (thats for others claiming that it was only tested on testnet). Also why not post about all coins being risky and scams if the post future feature and developments that never even been released yet? Vericoin didn't do that? Dark with their 4th RC sure it will reach RC100 in a few months.

You also mentioned that 2 guys got banned from the IRC for no reason, but here you said one of them was swearing and spamming.

Please were not stupid, when it comes down to the truth, you were trolling simple as that.

PS. You did mention in the IRC that your in Vericoin and a bagholder of cryptonote, so yes you support them and will troll other coins that are on the rise that are younger than those coins but yet are more popular. Everyone does that in this forum.
Noone answered the questions from the pastebin so anyone would re-ask in a chatroom that scrolls.  correct?  Instead, no answer, no warning and ban for the poor guy.  Is that how a coin is run? Why did the valentinedynamite guy not get banned when he was more critical of the coin?  In a sea full of scam coins you can't even question why the devs are anonymous?? really!?  This is research and vetting because if anyone is going to put real money to work the coin Devs should have easy answers to snoopy's questions.  Instead they ban.  Keep centralizing the corruption and ostracizing people new to the coin.  Those were all softball questions and the Dev failed the legitimacy test there.

We asked the devs before if they would reveal their identity but for what? If you knew who they were and they scam would that make a difference? If your interested into knowing every coin dev identities then go ask who created bitcoin.

Revealing identities doesn't mean anything, hell you can post some fake names and pictures and people will believe it. Look at Vericoin, the devs posted their identities. What did that change? Coin had problems and was dumped, doubt it will recover even with all its cool features.

Anonymous or not, why would you care? You support cryptos and use them for what? Not to stay anonymous?

If the devs tend to scam then thats a risky everyone is willing to take, isn't investing into crypto all a risk?

I'd rather invest in a coin that has new innovations and features but anonymous devs than to invest into a coin that has nothing except the devs real name. Ya thats really going to help when I loose 90% of my investment. So far the devs haven't shown any shady crap, they've been release alot of updates with new features and developments. They showed us PoSA alot said its fake but they came through. Other features are currently in the works and updates are being posted frequently.

Now wondering why are you complaining about a stupid thing like being banned from the IRC? You did not invest into cloak and don't intend to. Why waste 12 hours of your life posting the same thing over and over again?

Looking more like paid FUD or your just angry you missed out on profits.
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