Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 113. (Read 810836 times)

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

I am trying to run the wallet but when it tries to download the files it stalls at 70%

anyone have a solution to this?

p. 433

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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 :/

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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.

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hi, is cloack still close source?

I waited the price to go down at 115K and didn't jump on the boat. Look what it's doing right now

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.

  cloack and Dbix nice buying now

Cloak has a lot of potential and people are realising it just now !
With Bitcoin going down, it's time to buy CLOAK with your BTC before its too late !

I use Cryptopia to exchange, but you can use Livecoin or Bittrex as well.

I don't believe that , but it ia real . How can this CLOAK to the moon when all altcoins are downtrend.
If I buy on this time Jam so confuse if I don't have good news about this CLOAK.

What a wonderful day! People are beginning to realize the potential of Cloakcoin. Soon the source code will be opened and the fight with the best will begin. I love a lot of project and this team, and I have confidence in the work done!

how??

easy 40 dollar 30 days 

should i buy some or wait for above 0.0055 because i am little worry if cloak back again to its dip level please any advice?

Devs were on vacation and no new work was being done on the CLOAK side. Now they are back, have decided to open up to new developers to help identify bugs or bring in new innovation. They also stated they are re-engineering the enigma engine to make it even more secure than it currently is.

The way I look at it is Monero had a HUGE price increase recently because people are starting to realize the value of privacy in currency. Three big advantages CLOAK has over Monero is 6% through staking, better wallet, and less coins. Not being a developer I can't really compare code, but from what I've heard, CLOAKS is much "tighter". I think people are starting to realize this coin is way undervalued and the market will correct that.

It's very nice to see the trend reversal, hopefully we'll grow slow and steady so we bring new investors in which will bring about more word of mouth and more innovation into the project.

I quote myself again. This analysis is still valid!

Double bottom activated!

440 pages of the devs keeping their word.......this baby's just warming up

https://www.youtube.com/watch?v=5VzvMoEEBA8

https://bitcointalksearch.org/topic/m.21506894

why the course went up? what news influenced it? is there any prospect in 2017?

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.

The coin had a bad start, since most of the initial team were scammers. This gave it a bad reputation for a long time. Now it has new team, which does excellent work.