Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 723. (Read 1266574 times)
June 25, 2014, 12:49:11 AM
Anything special happening with this coin now or soon?
June 25, 2014, 12:43:07 AM
My wallet now shows Balance and 'Staked' portions. Bit worried as I do not know how this exactly works and it 'seems' to lock up part of my available coins which is fine if there is a mechanism to 'unstake' or the like? Staked portion seems roughly 33% of total coins I have. Is the stake locked ? Can it be configured ? Can total balance eg balance & staked be transacted out of the wallet? Anybody know? I did read the 'stake' portion of the whitepaper as per below. No mention of how stakes work as far as I can tell. Stake based mining works great btw. Love the coin. Just a little paranoid...(;-)
As per the whitepaper:
Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
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.
As per the whitepaper:
Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
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.
Cheers. Mining like a champ. Receipt every minute. The future of mining ! So fkn green! I have to go and burn a tire in the yard to offset against wasted btc electricity (;-) Should really push this point eg the 'green' aspect. The power used to mine btc / scrypt is pretty insane...
go in to settings and click on options and configure the reserve, pretty straightforward from there in the gui, but you really don't need to worry.
June 25, 2014, 12:36:56 AM
Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf
Just resynced mine. Everything's running smooth from my end.Yep, I've been having issues - one of which nearly gave me a heart attack - I thought I lost all my coins. Luckily, I had a backup of my wallet (not just copy/paste of the wallet.dat - created via the UI: File -> Backup Wallet). If I hadn't done that, I would have lost everything.
why wouldn't a copy/paste of wallet.dat not be enough? i thought that this was all you needed for any wallet to be restored?
June 25, 2014, 12:00:54 AM
My wallet now shows Balance and 'Staked' portions. Bit worried as I do not know how this exactly works and it 'seems' to lock up part of my available coins which is fine if there is a mechanism to 'unstake' or the like? Staked portion seems roughly 33% of total coins I have. Is the stake locked ? Can it be configured ? Can total balance eg balance & staked be transacted out of the wallet? Anybody know? I did read the 'stake' portion of the whitepaper as per below. No mention of how stakes work as far as I can tell. Stake based mining works great btw. Love the coin. Just a little paranoid...(;-)
As per the whitepaper:
Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
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.
As per the whitepaper:
Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
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.
go in to settings and click on options and configure the reserve, pretty straightforward from there in the gui, but you really don't need to worry.
June 24, 2014, 11:58:35 PM
As I write this the proportion has change to nearly half staked vs balance. Is this a coin age thing ?
June 24, 2014, 11:57:14 PM
My wallet now shows Balance and 'Staked' portions. Bit worried as I do not know how this exactly works and it 'seems' to lock up part of my available coins which is fine if there is a mechanism to 'unstake' or the like? Staked portion seems roughly 33% of total coins I have. Is the stake locked ? Can it be configured ? Can total balance eg balance & staked be transacted out of the wallet? Anybody know? I did read the 'stake' portion of the whitepaper as per below. No mention of how stakes work as far as I can tell. Stake based mining works great btw. Love the coin. Just a little paranoid...(;-)
As per the whitepaper:
Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
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.
As per the whitepaper:
Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
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.
June 24, 2014, 11:31:22 PM
Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf
Just resynced mine. Everything's running smooth from my end.Yep, I've been having issues - one of which nearly gave me a heart attack - I thought I lost all my coins. Luckily, I had a backup of my wallet (not just copy/paste of the wallet.dat - created via the UI: File -> Backup Wallet). If I hadn't done that, I would have lost everything.
I make backups quite frequently - it's always a good idea. Are you using mac or windows? Seems mine is stuck at 99.88%
June 24, 2014, 11:02:18 PM
Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf
Just resynced mine. Everything's running smooth from my end.Yep, I've been having issues - one of which nearly gave me a heart attack - I thought I lost all my coins. Luckily, I had a backup of my wallet (not just copy/paste of the wallet.dat - created via the UI: File -> Backup Wallet). If I hadn't done that, I would have lost everything.
June 24, 2014, 11:00:13 PM
In other really cool news
Cointicker app just added cloak coin, so now I can add cloak to my portfolio and keep track of everything nicely!
Sweet!
Cointicker app just added cloak coin, so now I can add cloak to my portfolio and keep track of everything nicely!
Sweet!
Sweet, glad my votes counted for something
June 24, 2014, 10:56:54 PM
anyone having issues with transactions? i tried to transfer from bittrex and it was pending for like 2 hours
It's fine now. Try again.
If it's still giving you issues, log out and log back in.
Thanks
turns out the problem was quite easy. 
June 24, 2014, 10:54:16 PM
In other really cool news
Cointicker app just added cloak coin, so now I can add cloak to my portfolio and keep track of everything nicely!
Sweet!
Cointicker app just added cloak coin, so now I can add cloak to my portfolio and keep track of everything nicely!
Sweet!
June 24, 2014, 10:52:54 PM
I fucking love CLOAKCOIN!!!
I'll be holding til we hit 0.1BTC
I'll be holding til we hit 0.1BTC
See, that is what I think to. 4.5 million coins. So few. Cool things in the pipeline.
I cant wait!!
June 24, 2014, 10:49:21 PM
Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf
Just resynced mine. Everything's running smooth from my end. 
June 24, 2014, 10:21:50 PM
I fucking love CLOAKCOIN!!!
I'll be holding til we hit 0.1BTC
I'll be holding til we hit 0.1BTC
See, that is what I think to. 4.5 million coins. So few. Cool things in the pipeline.
June 24, 2014, 09:58:19 PM
Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf
June 24, 2014, 09:54:22 PM
I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Can you share your observations with us?
Sure, I seem to think that we have found a new floor at 55-57 and are now climbing back up over 70K, I believe that seeing 7500 cloak to 69k and 39000 cloak to 50k also indicates that takeoff is about to happen.
June 24, 2014, 09:51:04 PM
I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Can you share your observations with us?
Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack
I am sorry to say that the last recent payout was so terrible that I have to move my rig out for now. I love to support this coin but I need to pay my electricity bill too
Meh, i consider it as putting up a big buy wall for support, and I've mined plenty of coins that barely broke even, only later to increase in value and covered my bill
June 24, 2014, 09:48:16 PM
I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Can you share your observations with us?
Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack
I am sorry to say that the last recent payout was so terrible that I have to move my rig out for now. I love to support this coin but I need to pay my electricity bill too
June 24, 2014, 09:39:33 PM
I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack
Coinigy also has some nice tools (for almost all exchanges). You have to request beta access, but it access usually comes within a couple hours. https://www.coinigy.com.
June 24, 2014, 09:30:55 PM
I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching
Just though I'd share.
Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack
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