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Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 936. (Read 1266574 times)

legendary
Activity: 980
Merit: 1000
Traveling in subspace
Is cloak.suprnova getting DDoS attacked? My miner keeps switching to failover pools.
full member
Activity: 224
Merit: 100


Hi Guys,


I have been looking at anonymous cryptocurrencies for a long time now, I am very worried if I look at that proposal, I have the following questions based on your diagram:

This just looks like a built in mixer service on those diagrams. Come to think of it, what makes this different what vertcoin is doing with stealth addresses ?

The creation of "fullfillment" nodes are causing the network to vulnerable to centralization and third party abuse such as DDoS. I don't feel centralization is the way to go, there are much better ways to ensure privacy of transactions. And yes, Darkcoin is doing it wrong too, too centralised. I mean - a single entity just needs to own a certain level of the masternodes - to seriously mess up the coin. Cloak/dark etc. are such a small entity - any government agency could buy up enough servers + coin (with their lunch money) and mess the network up (and yes spy).

Could you be more specific (systems diagram) of how having stealth address will anonymise or 'cloak' the coin more - please emphasise the cryptography used to ensure this.

Please be as technical as possible on how you want to achieve your objectives.

Regards

Hi,

It's good to see some intelligent questions.

They will be answered in the FAQ released Sunday evening.
What will change by Sunday?
Nothing, it just buys time for the dev to dump all the coins that are secretly being sent to him in the background.
Don't cry FUD. Do yourself a favor and review the code people. This coin has a secret.

Just before I delete this post.

You're not very good at creating FUD, at least back it up with some evidence.

Please do it.
hero member
Activity: 852
Merit: 500
Nice thread cleanup Dagger. Zero post fudders lol.
hero member
Activity: 686
Merit: 500
When can we expect to see an Alpha version of the ANON feature?

^^^ Yes please share your ETA for this. Its the coins most distinguishing feature!
member
Activity: 62
Merit: 10
If a tool is need to extract the file maybe that should be mentioned in the OP.

You must be a beginner with computers? Smiley
It is really common to use a packer-tool like winrar for files you download.
It is used since like 20 years.
Please ask anyone you know who has some computer background and he will agree on this.
The tools are free and easy to get everywhere, i recommend 7zip or the testversion of winrar.
Infact every OS should come with built in support for it.
Good luck!
hero member
Activity: 686
Merit: 500
Bouncing nicely after that dump down to 22K.
we should see 50K pretty soon

Yes, nice bounce!

If it breaks .0003 on bittrex again it could test new highs very quickly. The order book is still thin at this point so any significant buying/selling pressure moves prices very fast.
full member
Activity: 224
Merit: 100


Hi Guys,


I have been looking at anonymous cryptocurrencies for a long time now, I am very worried if I look at that proposal, I have the following questions based on your diagram:

This just looks like a built in mixer service on those diagrams. Come to think of it, what makes this different what vertcoin is doing with stealth addresses ?

The creation of "fullfillment" nodes are causing the network to vulnerable to centralization and third party abuse such as DDoS. I don't feel centralization is the way to go, there are much better ways to ensure privacy of transactions. And yes, Darkcoin is doing it wrong too, too centralised. I mean - a single entity just needs to own a certain level of the masternodes - to seriously mess up the coin. Cloak/dark etc. are such a small entity - any government agency could buy up enough servers + coin (with their lunch money) and mess the network up (and yes spy).

Could you be more specific (systems diagram) of how having stealth address will anonymise or 'cloak' the coin more - please emphasise the cryptography used to ensure this.

Please be as technical as possible on how you want to achieve your objectives.

Regards

Hi,

It's good to see some intelligent questions.

They will be answered in the FAQ released Sunday evening.
hero member
Activity: 686
Merit: 500
Bouncing nicely after that dump down to 22K.
we should see 50K pretty soon

Yes, nice bounce!
newbie
Activity: 21
Merit: 0
As requested:

A glimpse into the forthcoming Cloakcoin Exchange Anon System.

Page 1:


http://oi58.tinypic.com/121e4oy.jpg

Page 2:


http://oi58.tinypic.com/71l3r7.jpg

Next Step:

Build is underway and I will take a list of the most reasonable and common questions, to satisfy curiosity, and will issue a
FAQ Whitepaper soon.

In other news:

I now have a c++ dev on my team. We will be doing some very cool updates to the wallet, live market data being the first.



Hi Guys,


I have been looking at anonymous cryptocurrencies for a long time now, I am very worried if I look at that proposal, I have the following questions based on your diagram:

This just looks like a built in mixer service on those diagrams. Come to think of it, what makes this different what vertcoin is doing with stealth addresses ?

The creation of "fullfillment" nodes are causing the network to vulnerable to centralization and third party abuse such as DDoS. I don't feel centralization is the way to go, there are much better ways to ensure privacy of transactions. And yes, Darkcoin is doing it wrong too, too centralised. I mean - a single entity just needs to own a certain level of the masternodes - to seriously mess up the coin. Cloak/dark etc. are such a small entity - any government agency could buy up enough servers + coin (with their lunch money) and mess the network up (and yes spy).

Could you be more specific (systems diagram) of how having stealth address will anonymise or 'cloak' the coin more - please emphasise the cryptography used to ensure this.

Please be as technical as possible on how you want to achieve your objectives.

Regards
newbie
Activity: 54
Merit: 0
CLK can be copied like anything else that's open source but as of today and as of right now, CLK is and will be in rare company. 

Some of you will continue to be counterproductive (but crying underneath the surface) when this hits .001 BTC or better. 
hero member
Activity: 686
Merit: 500
Does anyone know any if we're going to push this coin to another exchange anytime soon?

https://www.cryptsy.com/coinvotes/
cy6
newbie
Activity: 41
Merit: 0
Does anyone know any if we're going to push this coin to another exchange anytime soon?

Maybe cryptsy, will see
legendary
Activity: 1288
Merit: 1000
When can we expect to see an Alpha version of the ANON feature?
full member
Activity: 210
Merit: 100
Does anyone know any if we're going to push this coin to another exchange anytime soon?

I'm pretty sure Cryptsy will add it. I told him to add it before Mintpal get's it and he asked me for the IRC
member
Activity: 84
Merit: 10
Does anyone know any if we're going to push this coin to another exchange anytime soon?
full member
Activity: 153
Merit: 100
I have been following this from the beginning. Absolutely crazy valuation for a coin that just uses exchanges for "anon" transactions. Any coin could copy this in days. It is slow and not really anonymous.

Dumping every coin I own on bittrex.com shortly

the dump has already begun..

fck off - take your lies/ FUD elsewhere you lame ass
member
Activity: 70
Merit: 10
I have been following this from the beginning. Absolutely crazy valuation for a coin that just uses exchanges for "anon" transactions. Any coin could copy this in days. It is slow and not really anonymous.

Dumping every coin I own on bittrex.com shortly

You come into a thread and announce to everyone that the coins you currently hold are not worth the current valuation before you dump them. So you will risk lowering the value of your coins by posting fud. You seem very credible  Roll Eyes
full member
Activity: 210
Merit: 100
Now would someone please tell me how to extract my wallet please, how do I use the password?

Use your eyes.
It's really easy.
The password is next to the link for the wallet.
I had no problem extracting it.

If you don't have a tool to unzip files, then seach for the tools "Winrar" or "7zip".

If a tool is need to extract the file maybe that should be mentioned in the OP.
hero member
Activity: 560
Merit: 500
...I'm almost positive price is actually low and I think you are misunderstanding the innovation of anon exchange
hero member
Activity: 852
Merit: 500
anyone can send any coin anonymously through an exchange without using cloakcoin.
this is not innovative.

delete this post i don't care.
i don't understand how the price is so high now.

i will trade 210,000 honorcoins for 5,000 cloakcoins.

total coins for honor coin is 21 million
total coins cloak coin is 5 million.
giving you 10x more because i think cloakcoin is better.

Thats because you invest in free distribution (premined) coins like honorcoin. Spreading fud won't get your order filled here.

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