Author

Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 172. (Read 810836 times)

hero member
Activity: 560
Merit: 500
Source code opening come with some risks, also this is the only way to satisfy some basic required of investors - no secrets. Team is aware that they only this way can show real work which is already done behind the curtains, and this way they finally can break the chains from the past. It is evident this "announcement" brought lot of attention.
LBX
hero member
Activity: 1025
Merit: 534
A
If anyone would like to assist in adding new languages to the QT wallet, please let us know and we'll provide you with a translation template file which you can add the new translations to. The translation process is carried out using a tool called QT Linguist, which makes the process relatively straightforward and pain-free for anyone adding translations. We already have Russian and French (and Japanese is on the way), but any other languages would be most welcome and very much appreciated.

Thank you!


Spanish and Portuguese are also in progress now too Smiley

Sometimes my account does not receive private messages from members
I do not know why I will talk to the supervisor
Have you sent me before.??
Send me files
I will translate to Arabic

LBX
hero member
Activity: 1025
Merit: 534
A
CLOAK going to 10$ in 1 month buy now or cry later

 
We will see this soon & There is no specific time
Be excited for a long time Wink
sr. member
Activity: 686
Merit: 320
full member
Activity: 295
Merit: 100
CLOAK going to 10$ in 1 month buy now or cry later
member
Activity: 70
Merit: 10
It might be good to have a countdown to open source.  Free advertising.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
going open source is not going to turn this around..this is not the reason for the lack of interest.

other projects are closed and doing well.

This is being held down by someone.

Focus more on develpment funding and governance mechanisms and marketing.

I agree, in principle, with cryptohunter. I think the "open source" thing has gotten out of hand. The original discussion for "open source" was to get CLOAK on Poloniex. I'm sure there is a way to give it to them if that is indeed what is needed to be listed there, and not give it to the rest of the world at the same time. I would request the developers talk to Polo see if they can get a straight answer from them but, Polo will NOT make or break CLOAK, we still need PR and public awareness as well as places to use it. Polo is only one of many exchanges, remember that.

totally agree.
Open the code if we guarantee some benefit, okay.
But to open it without any guarantee I consider too risky.

In crypto, if you want to be taken seriously, you need to be open source.

Monero - open source
Dash - open source
Zcash - open source
Zcoin - open source
NAVcoin - open source
Shadowcash - open source
Bytecoin - open source
PIVX - open source

That's just some of the competition. Notice how I listed anonymous coins and not some others that are heavy on gimmicks and ignore the core fundamentals of being a solid cryptocurrency first and foremost. If you can't exceed what they do then you might as well close the doors and walk away.

It is not always as straight forward as that though... we will never know how much larger or smaller they would have been either by doing vetted analysis of their code by other top devs or even staying closed to all. Also many delayed going open until they dominated and had big clear lead.

Monero - open source - well the copied bytecoin right? so could not close it then
Dash - did not open source properly for a long time until they dominated anon
Zcash - open source - cost them being much larger imho so many clones from day 1
Zcoin - open source - same zcoin classic stealing their thunder
NAVcoin - open source - needs investigation soopy and myself are in discussions due to some of his prior actions.
Shadowcash - open source - not looked into it
Bytecoin - open source - nobody knew about it for months and months over taken by xmr now since they cloned it an had bigger team
PIVX - open source -

Imagine the code vetted by peter todd or some other very respectable developers and given the green light in an article
far more powerful than open sourcing imho.


You seem to be missing the fact that they are all open source and they are the competition. It doesn't matter what the history is, that's the current state and if you can't compete on the core fundamentals of crypto currencies then you might as well not even try. If this was some other type of product, then sure. But it's fundamentally a crypto currency and it's focus needs to be on that in order for it to truly succeed.

I also don't have a clue why anyone would think others would want to clone Cloak before it has a chance to really get itself going again. Oh sure, there will be some that do it and almost all of them will be scams. But people are more interested in cloning Dash because they see dollars signs in the masternodes. Things like ZCash are the flavor of the day for cloning but the tech is far from being truly usable as a crypto currency due to various performance issues as well as the issue of the trusted setup. Its highly doubtful that any clone will make any real technical advances with those ones.

I will say though, that a crypto currency based on Mimblewimble has the potential to beat every anon coin out there. That's based on what I know of it so far and assumes anyone doing a coin based on it doesn't introduce various forms of centralization or require trust. The truly "scary" part for anon coins should be that some core bitcoin developers are looking at it and doing some work with it.


I don't follow your first paragraph.
The history illustrates how these successful projects (well some are) may not have got there unless they had remained closed source until they had a clear lead. Anoncoin was open source at the time and was the competition to xcoin/darkcoin

For example - dash didn't believe it could not compete with anoncoin and perhaps XC. However had they not remained closed source for a period then anoncoin and others would have immediately cloned away any clear advantage dash had at the start. Evan was shrewd to hold it closed until they had a clear lead.

It all depends really on

1. how revolutionary cloaks enigma is
2. how easy it will be for any copy and paste dev to paste it to their project.
3. the clear benefits of going full open source compared to vetted dev review and analysis.
4. the potential risks of your hardwork being used against you by competition.


I can fully see komodo going past zcash - I see also PIVx going past  zcoin in fact it has done so mainly on the basis of them being able to trump dashs model by replacing mixing with zcoins tech .

If zcash and zcoin had been vetted but remained closed source to other devs for a longer period of time I suspect they would not be having their own hardwork used by their competition to extract invesment away from them and would have far larger MC's. I know zcoin had a big problem but still.

If dash had gone open source whilst still small they would have had a much tougher time

If bytecoin wasn't open there would be no monero dominating them.

To learn one must often examine historical events and I think history is a very valuable tool.

Of course everyone can have their own opinion.

We will see if going open source makes any immediate difference to the price and how quickly clones start popping up if the tech is found to useful.

It perhaps will make little difference either way.

Better to spend time implementing features people perceive they want right away.

I notice voting and funding mechanisms are very popular.

Cloak to not have pumped much at all during this bull run is strange I find. Although the dev team is not really that vocal and the thread appears quite dead quite a lot of the time.

Either way their mind seems made up to go open source. Perhaps it may work out in some way. If he tech is good and is cloned and used by a larger more active team with a bigger community then I guess cloak will get the credit in their OP hopefully.

BTW polo is great but not required to hit 100M MC as PIVX illustrate same for a few others.

It boils down to is enigma amazing if so it will be cloned by many rather quickly perhaps some large teams too.

If enigma is not amazing open source will have no bearing on it only to reveal it is not amazing and you lose the mystery.

I think if you have something amazing and a huge team with lots of development funding then you can go open source from the start. Has not hurt ETH.












sr. member
Activity: 686
Merit: 320
going open source is not going to turn this around..this is not the reason for the lack of interest.

other projects are closed and doing well.

This is being held down by someone.

Focus more on develpment funding and governance mechanisms and marketing.

I agree, in principle, with cryptohunter. I think the "open source" thing has gotten out of hand. The original discussion for "open source" was to get CLOAK on Poloniex. I'm sure there is a way to give it to them if that is indeed what is needed to be listed there, and not give it to the rest of the world at the same time. I would request the developers talk to Polo see if they can get a straight answer from them but, Polo will NOT make or break CLOAK, we still need PR and public awareness as well as places to use it. Polo is only one of many exchanges, remember that.

totally agree.
Open the code if we guarantee some benefit, okay.
But to open it without any guarantee I consider too risky.

In crypto, if you want to be taken seriously, you need to be open source.

Monero - open source
Dash - open source
Zcash - open source
Zcoin - open source
NAVcoin - open source
Shadowcash - open source
Bytecoin - open source
PIVX - open source

That's just some of the competition. Notice how I listed anonymous coins and not some others that are heavy on gimmicks and ignore the core fundamentals of being a solid cryptocurrency first and foremost. If you can't exceed what they do then you might as well close the doors and walk away.

It is not always as straight forward as that though... we will never know how much larger or smaller they would have been either by doing vetted analysis of their code by other top devs or even staying closed to all. Also many delayed going open until they dominated and had big clear lead.

Monero - open source - well the copied bytecoin right? so could not close it then
Dash - did not open source properly for a long time until they dominated anon
Zcash - open source - cost them being much larger imho so many clones from day 1
Zcoin - open source - same zcoin classic stealing their thunder
NAVcoin - open source - needs investigation soopy and myself are in discussions due to some of his prior actions.
Shadowcash - open source - not looked into it
Bytecoin - open source - nobody knew about it for months and months over taken by xmr now since they cloned it an had bigger team
PIVX - open source -

Imagine the code vetted by peter todd or some other very respectable developers and given the green light in an article
far more powerful than open sourcing imho.
You seem to be missing the fact that they are all open source and they are the competition. It doesn't matter what the history is, that's the current state and if you can't compete on the core fundamentals of crypto currencies then you might as well not even try. If this was some other type of product, then sure. But it's fundamentally a crypto currency and it's focus needs to be on that in order for it to truly succeed.

I also don't have a clue why anyone would think others would want to clone Cloak before it has a chance to really get itself going again. Oh sure, there will be some that do it and almost all of them will be scams. But people are more interested in cloning Dash because they see dollars signs in the masternodes. Things like ZCash are the flavor of the day for cloning but the tech is far from being truly usable as a crypto currency due to various performance issues as well as the issue of the trusted setup. Its highly doubtful that any clone will make any real technical advances with those ones.

I will say though, that a crypto currency based on Mimblewimble has the potential to beat every anon coin out there. That's based on what I know of it so far and assumes anyone doing a coin based on it doesn't introduce various forms of centralization or require trust. The truly "scary" part for anon coins should be that some core bitcoin developers are looking at it and doing some work with it.
full member
Activity: 153
Merit: 100
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
going open source is not going to turn this around..this is not the reason for the lack of interest.

other projects are closed and doing well.

This is being held down by someone.

Focus more on develpment funding and governance mechanisms and marketing.

I agree, in principle, with cryptohunter. I think the "open source" thing has gotten out of hand. The original discussion for "open source" was to get CLOAK on Poloniex. I'm sure there is a way to give it to them if that is indeed what is needed to be listed there, and not give it to the rest of the world at the same time. I would request the developers talk to Polo see if they can get a straight answer from them but, Polo will NOT make or break CLOAK, we still need PR and public awareness as well as places to use it. Polo is only one of many exchanges, remember that.

totally agree.
Open the code if we guarantee some benefit, okay.
But to open it without any guarantee I consider too risky.

In crypto, if you want to be taken seriously, you need to be open source.

Monero - open source
Dash - open source
Zcash - open source
Zcoin - open source
NAVcoin - open source
Shadowcash - open source
Bytecoin - open source
PIVX - open source

That's just some of the competition. Notice how I listed anonymous coins and not some others that are heavy on gimmicks and ignore the core fundamentals of being a solid cryptocurrency first and foremost. If you can't exceed what they do then you might as well close the doors and walk away.

It is not always as straight forward as that though... we will never know how much larger or smaller they would have been either by doing vetted analysis of their code by other top devs or even staying closed to all. Also many delayed going open until they dominated and had big clear lead.

Monero - open source - well the copied bytecoin right? so could not close it then
Dash - did not open source properly for a long time until they dominated anon
Zcash - open source - cost them being much larger imho so many clones from day 1
Zcoin - open source - same zcoin classic stealing their thunder
NAVcoin - open source - needs investigation soopy and myself are in discussions due to some of his prior actions.
Shadowcash - open source - not looked into it
Bytecoin - open source - nobody knew about it for months and months over taken by xmr now since they cloned it an had bigger team
PIVX - open source -

Imagine the code vetted by peter todd or some other very respectable developers and given the green light in an article
far more powerful than open sourcing imho.


full member
Activity: 140
Merit: 100

I made the last days some profit with my altcoins and bought also some CLOAKs Smiley
I see wallet is coming very sooon  Roll Eyes Grin

when we will see 0.002 Btc/Cloak price? i think after 100 years and answer is YES Smiley Smiley
I do not think so 100 years  Cheesy Cheesy
CLOAK is Unique project and has good developers so It can happen at any time
no Rules in digital currencies Today people buying  DASH For example Tomorrow dropping  DASH  and buy CLOAK
hero member
Activity: 1030
Merit: 502
★777Coin.com★ Fun BTC Casino!
newbie
Activity: 41
Merit: 0
Well Said Viper! Open source for cloak is the correct decision and when it finally happens in June or July
you will see renewed interested for cloak with new/more investors.

When Cloak does open source we need to pair it with PR to get the word out.
sr. member
Activity: 686
Merit: 320
going open source is not going to turn this around..this is not the reason for the lack of interest.

other projects are closed and doing well.

This is being held down by someone.

Focus more on develpment funding and governance mechanisms and marketing.

I agree, in principle, with cryptohunter. I think the "open source" thing has gotten out of hand. The original discussion for "open source" was to get CLOAK on Poloniex. I'm sure there is a way to give it to them if that is indeed what is needed to be listed there, and not give it to the rest of the world at the same time. I would request the developers talk to Polo see if they can get a straight answer from them but, Polo will NOT make or break CLOAK, we still need PR and public awareness as well as places to use it. Polo is only one of many exchanges, remember that.

totally agree.
Open the code if we guarantee some benefit, okay.
But to open it without any guarantee I consider too risky.

In crypto, if you want to be taken seriously, you need to be open source.

Monero - open source
Dash - open source
Zcash - open source
Zcoin - open source
NAVcoin - open source
Shadowcash - open source
Bytecoin - open source
PIVX - open source

That's just some of the competition. Notice how I listed anonymous coins and not some others that are heavy on gimmicks and ignore the core fundamentals of being a solid cryptocurrency first and foremost. If you can't exceed what they do then you might as well close the doors and walk away.
full member
Activity: 154
Merit: 100
going open source is not going to turn this around..this is not the reason for the lack of interest.

other projects are closed and doing well.

This is being held down by someone.

Focus more on develpment funding and governance mechanisms and marketing.

I agree, in principle, with cryptohunter. I think the "open source" thing has gotten out of hand. The original discussion for "open source" was to get CLOAK on Poloniex. I'm sure there is a way to give it to them if that is indeed what is needed to be listed there, and not give it to the rest of the world at the same time. I would request the developers talk to Polo see if they can get a straight answer from them but, Polo will NOT make or break CLOAK, we still need PR and public awareness as well as places to use it. Polo is only one of many exchanges, remember that.

totally agree.
Open the code if we guarantee some benefit, okay.
But to open it without any guarantee I consider too risky.
sr. member
Activity: 686
Merit: 320
how cloaky is cloak?
This question is very nice,
i would also like to hear from main developer what does he have to say about other coins for example XMR, ZCASH,  ZCOIN, he probably had chances to investigate their source code.  I know some things can be achieved in different ways..
Can we say really ENIGMA doesn't has weaknesses, and if has how they can be neutralized?  Does wallet have minimal anon connections? i mean under some conditions (under minimal number of connections), we have less protection or, am i wrong? I would like to here more about this and how things works, in depth if possible. What really happening in wallet?
The whitepaper you can download from the site has some information on these things. But it's lacking a lot of technical aspects (full discussions of attack vectors with probabilities etc) IMO when I compare it to others. My hope is that when they're almost ready to release source code and have a code review done, they'll expand on the whitepaper.
hero member
Activity: 560
Merit: 500
how cloaky is cloak?
This question is very nice,
i would also like to hear from main developer what does he have to say about other coins for example XMR, ZCASH,  ZCOIN, he probably had chances to investigate their source code.  I know some things can be achieved in different ways..
Can we say really ENIGMA doesn't has weaknesses, and if has how they can be neutralized?  Does wallet have minimal anon connections? i mean under some conditions (under minimal number of connections), we have less protection or, am i wrong? I would like to here more about this and how things works, in depth if possible. What really happening in wallet?
 
hero member
Activity: 711
Merit: 500
CLOAK Trustless Anonymous Cryptocurrency
how cloaky is cloak?

has there been something groundbreaking in terms of stealth technology?

are there masternodes?

I used to hold cloak 3 years ago and i see it is still around, very nice Smiley

Hi Jiggy0001,cloak is really decentralised currency and we haven't masternodes,cloak use ENIGMA technology
 

https://explorer.cloakcoin.com/tx/5e333026dd52d2d1ff76d1b014510f8e81eb72740a4803e60dfb5af35d097383

https://explorer.cloakcoin.com/tx/e58c51ef2754b5386776396fcdbd770f560412a0b2bedbf47a4dca5c2310b53c

https://explorer.cloakcoin.com/tx/c1e6528a0b5e0f942349f8bade86eae0441ffa37bbd977dd8ab58d971331a0a8

https://explorer.cloakcoin.com/tx/8822fa748041d480ebc4a654d3b5654e4cf62a72ad449ffd1c131fff7cc76d53


On our website you will find everything you care about like update,news and video

https://www.cloakcoin.com/en/

https://www.cloakcoin.com/en/videos.html
sr. member
Activity: 476
Merit: 250
I only hope someone smart will look at code when everything be ready, and will confirm our guessing, from the moment we all know what is going to happen. But i'm also aware it will be many insinuations and wrong interpretations, which can take us back as well. Team will be ready for this challenge i hope. This will be big event, and many members waiting to see what is Enigma and how working under the hood.
full member
Activity: 239
Merit: 100
Jump to: