Salute all Çloak investors + devs cuz this is one of a few green coins today. Wish 100x for you guys.
Do you think this profit is related to privacy of Cloak and its usability in these tough days of bitcoin ban? Or a normal refection of current development?
Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 112. (Read 810899 times)
September 10, 2017, 08:58:31 AM
September 10, 2017, 07:45:10 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
6% on the coins you hold in your wallet for 1 year.
example:
10000 CLOAK => 6% => 600 CLOAK p.a.
1000 CLOAK => 6% => 60 CLOAK p.a.
100 CLOAK => 6% => 6 CLOAK p.a.
and so on .... any amount
So all I need to do is keeping cloak in my wallet (Bittrex wallet is okay right?) then wait for 1 year to get 6%? Or 6% will be split to monthly interest?
Exchange wallets, Paper wallets and android wallets DO NOT STAKE! You have to transfer your coins to your desktop wallet or a running daemon.
If you keep your wallet online 24/7 you will stake many small amounts. If you switch on your wallet once a week you get that share for a week at once. After staking you may send all your coins to another address in our local wallet to combine them into 1 Block. That will increase your weight at next time staking.
How to do this without new wallet? Just new receive adress and sending all to that?
September 10, 2017, 07:20:07 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
6% on the coins you hold in your wallet for 1 year.
example:
10000 CLOAK => 6% => 600 CLOAK p.a.
1000 CLOAK => 6% => 60 CLOAK p.a.
100 CLOAK => 6% => 6 CLOAK p.a.
and so on .... any amount
So all I need to do is keeping cloak in my wallet (Bittrex wallet is okay right?) then wait for 1 year to get 6%? Or 6% will be split to monthly interest?
Exchange wallets, Paper wallets and android wallets DO NOT STAKE! You have to transfer your coins to your desktop wallet or a running daemon.
If you keep your wallet online 24/7 you will stake many small amounts. If you switch on your wallet once a week you get that share for a week at once. After staking you may send all your coins to another address in our local wallet to combine them into 1 Block. That will increase your weight at next time staking.
Thank you for the information. That is useful. I'm new to crypto and Cloakcoin is my first altcoin, hope it will grow more
September 10, 2017, 06:25:11 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
6% on the coins you hold in your wallet for 1 year.
example:
10000 CLOAK => 6% => 600 CLOAK p.a.
1000 CLOAK => 6% => 60 CLOAK p.a.
100 CLOAK => 6% => 6 CLOAK p.a.
and so on .... any amount
So all I need to do is keeping cloak in my wallet (Bittrex wallet is okay right?) then wait for 1 year to get 6%? Or 6% will be split to monthly interest?
Exchange wallets, Paper wallets and android wallets DO NOT STAKE! You have to transfer your coins to your desktop wallet or a running daemon.
If you keep your wallet online 24/7 you will stake many small amounts. If you switch on your wallet once a week you get that share for a week at once. After staking you may send all your coins to another address in our local wallet to combine them into 1 Block. That will increase your weight at next time staking.
September 10, 2017, 06:00:38 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
6% on the coins you hold in your wallet for 1 year.
example:
10000 CLOAK => 6% => 600 CLOAK p.a.
1000 CLOAK => 6% => 60 CLOAK p.a.
100 CLOAK => 6% => 6 CLOAK p.a.
and so on .... any amount
So all I need to do is keeping cloak in my wallet (Bittrex wallet is okay right?) then wait for 1 year to get 6%? Or 6% will be split to monthly interest?
September 10, 2017, 05:49:59 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
6% on the coins you hold in your wallet for 1 year.
example:
10000 CLOAK => 6% => 600 CLOAK p.a.
1000 CLOAK => 6% => 60 CLOAK p.a.
100 CLOAK => 6% => 6 CLOAK p.a.
and so on .... any amount
So all I need to do is keeping cloak in my wallet (Bittrex wallet is okay right?) then wait for 1 year to get 6%? Or 6% will be split to monthly interest?
September 10, 2017, 03:27:39 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
6% on the coins you hold in your wallet for 1 year.
example:
10000 CLOAK => 6% => 600 CLOAK p.a.
1000 CLOAK => 6% => 60 CLOAK p.a.
100 CLOAK => 6% => 6 CLOAK p.a.
and so on .... any amount
September 10, 2017, 12:46:04 AM
who can explain to me what is good in this coin? I do not understand just why she gave so good growth over the past six months
What is good here? Well basically the trustless anonymity because we do not use masternodes. Any wallet with a positive balance is a full node. Besides the anonymity through the Enigma Engine you will earn 6% rewards p.a. for holding CLOAK in your wallet, and you do not need to buy expensive mininghardware, or have 1000++ coins in your wallet to be able to stake or earn Enigma rewards. You can do that with any laptop or even a raspi. That saves you a lot of power costs, too.
If the market wants to see cloak-prices in the mid xx regions or more then a few Cloak staking rewards are qite a lot in fiat! Already now at current prices the staking rewards a fine.
6% per year? And how much money does it take?
September 10, 2017, 12:42:35 AM
hi, is cloack still close source?
Open source will happen this month!
Well, something sure as hell is happening. Selling is thin and people want in. Seriously good news for those of us believers of this technology. It's gonna be a great month.
September 09, 2017, 11:02:23 PM
September 09, 2017, 06:57:11 PM
hi, is cloack still close source?
Open source will happen this month!
This will moon massively when open sourced.
ok, keep holding. almost 3 years now.... jaja
September 09, 2017, 06:43:26 PM
Is there a way to download the blockchain data without using the auto loader. it keeps stalling and I am just burning up data here.
https://www.cloakcoin.com/en/downloads.html
Download the Blockchain there and unpack it into the cloakcoin folder in %appdata%Roaming/Cloakcoin on windows machines.
awesome thank you
September 09, 2017, 06:06:28 PM
Is there a way to download the blockchain data without using the auto loader. it keeps stalling and I am just burning up data here.
https://www.cloakcoin.com/en/downloads.html
Download the Blockchain there and unpack it into the cloakcoin folder in %appdata%Roaming/Cloakcoin on windows machines.
September 09, 2017, 05:53:52 PM
For staking this coin I have two questions.
1. Is it better to split the funds for staking into smaller amounts to increase chances, if so what size?
2. I had read somewhere to send the funds one you have staked to another address. this is new to me is this correct?
Thank you.
Better to keep in one wallet and then move it to a different wallet every 30 or so days. I learned this recently, Yogi goes into more details about this a few pages back on this thread.
Thanks man I'll take a look, must of missed it when looking through the forum.
I have searched the forum and cannot find info on this. I hate to be a bother but I have a few questions I cannot find the answers to and am hoping the Cloak community can welcome me with some help.
First, right now I hold about 170 Cloak and I am staking with no results. Currently, I have about 5-7 deposits between 20-30 coins as I have read with other coins it is better to break up the coins to improve chances of reward. Should I just send my self the whole lump sum to stake or leave it the way I have it?
The second question, in setting "Enigma reserve balance %" does this option affect staking.
Third I have 5 failed requests for enigma cloaking. Is this normal? Do I need to be around to approve the request?
Thank you in advance.
It's best to transfer all your CLOAK to one address. This will increase your weight. Do this after each time or after some stakings. You will earn 6% p.a. for 170 CLOAK that equals 10 Cloak pa or 0,028 Cloak / day. You compete with many other wallets and some wallets may contain several thousand coins. You will get 6% but it needs some time.
Enigma reserve balance may not affect staking. The failed requests are nothing to worry about. Currently we have hardly any enigma TX on the network as almost nobody uses this feature (Why not? it's the anon engine to make your TX private!)
Feel free to join out chat at chat.cloakcoin.com there is always someone around and u get answers much quicker than here
Thanks for the info man. I'll see you in the chat!
September 09, 2017, 05:50:24 PM
Is there a way to download the blockchain data without using the auto loader. it keeps stalling and I am just burning up data here.
September 09, 2017, 05:42:38 PM
hi, is cloack still close source?
Open source will happen this month!
This will moon massively when open sourced.
wait! are you saying it will moon when others can copy it? Why??
September 09, 2017, 05:28:57 PM
hi, is cloack still close source?
Open source will happen this month!
This will moon massively when open sourced.
September 09, 2017, 05:20:43 PM
p. 433
-------------
Quote from: parat8t9 on August 24, 2017, 08:32:51 PM
Quote from: yogibaer on August 24, 2017, 06:51:42 PM
Quote from: parat8t9 on August 24, 2017, 04:34:30 PM
Quote from: yogibaer on August 24, 2017, 09:55:24 AM
Quote from: eLNoXX on August 24, 2017, 09:46:19 AM
Man i wish cloak would go up above 150k again :/
--------------
Also a question, 0.5% monthly that means lets say you own 200 cloak: 200/100= 2 / 2 = 1 cloak a month?
correct! only switch on your wallet once a month and wait until the 200 cloak staked. after it is confirmed (after 60 bocks) send your 201 Cloak to another addres in your wallet. wait one month and then you stake 201 Cloak.
stake and repeat!
So is it recommended to send coins to different address every month to maximize staking or should coins be held in a single wallet address and left alone? I don't understand the benefit of moving it around.
After each time you stake the coins are split into 2 halfs. example: 1000 split into 504 and 506 if you staked 10 coins. after a while these amount stake again and split into 2 halfs each. That means the fractions are becoming smaller and smaller and have less weight. If you stake once or maximum twice and put your coins back into 1 block on another address in your wallet the whole amount will stake again and faster coz it will have a higher weight. I hope you understood what I wanted to say.
Yes this makes sense. So is there a way to tell if coins have been staked? I do get a lot of minted coins even though I've kept them in the wallet for several months. Am I confusing minting and staking? Aren't they the same thing?
minting/staking is the same. maybe then you've got many small fractions. combine all of your coins into 1 address. you can check your adresses with coin control features activated. there you see how many splits you have and how old each of them is.
----------------
-------------
Quote from: parat8t9 on August 24, 2017, 08:32:51 PM
Quote from: yogibaer on August 24, 2017, 06:51:42 PM
Quote from: parat8t9 on August 24, 2017, 04:34:30 PM
Quote from: yogibaer on August 24, 2017, 09:55:24 AM
Quote from: eLNoXX on August 24, 2017, 09:46:19 AM
Man i wish cloak would go up above 150k again :/
--------------
Also a question, 0.5% monthly that means lets say you own 200 cloak: 200/100= 2 / 2 = 1 cloak a month?
correct! only switch on your wallet once a month and wait until the 200 cloak staked. after it is confirmed (after 60 bocks) send your 201 Cloak to another addres in your wallet. wait one month and then you stake 201 Cloak.
stake and repeat!
So is it recommended to send coins to different address every month to maximize staking or should coins be held in a single wallet address and left alone? I don't understand the benefit of moving it around.
After each time you stake the coins are split into 2 halfs. example: 1000 split into 504 and 506 if you staked 10 coins. after a while these amount stake again and split into 2 halfs each. That means the fractions are becoming smaller and smaller and have less weight. If you stake once or maximum twice and put your coins back into 1 block on another address in your wallet the whole amount will stake again and faster coz it will have a higher weight. I hope you understood what I wanted to say.
Yes this makes sense. So is there a way to tell if coins have been staked? I do get a lot of minted coins even though I've kept them in the wallet for several months. Am I confusing minting and staking? Aren't they the same thing?
minting/staking is the same. maybe then you've got many small fractions. combine all of your coins into 1 address. you can check your adresses with coin control features activated. there you see how many splits you have and how old each of them is.
----------------
WOW thanks for the info. It is the exact opposite of what I have been told about other POS coins that I stake, I guess some are different than others. I will make a payment to myself with the full amount of coins. Thanks again.
September 09, 2017, 05:10:58 PM
CLOAK The Sleeping Bull woke up today!
The double bottom (with two significant lows at 85k sat. and a high at 235k sat.) has been activated today. The target for the double bottom is 390k sat. Activating the double bottom can also be the start for the expected rally
which could lead us to about 1M sat. or 1.4M sat.
High chance for the long awaited rally, price corrections are expected to be flat.
Important price levels and targets
Strong Support: 85k sat.
Resistance: 345k sat. 550k sat.
Target: 1M sat. (0.01 BTC / CLOAK) 1.4M sat.
September 09, 2017, 05:10:33 PM
hi, is cloack still close source?
Open source will happen this month!
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