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Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 196. (Read 810836 times)

sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Cloak doesn't need another Bob, we just need development and nice steady rise.
Overnight success is very hard to achieve but who knows we can hit mainstream very easy. PR team already assured us they are working hard and surprised us with few good videos @ Youtube. Price is much better than it was recently, you must admit it!

JosNekoKopa et al

- SNIP -

Spending some time working to implement Cloak support in Open Bazaar (for starters) would probably work out a lot better in the long run. There's often little point in reinventing wheels and having Cloak support elsewhere should still work out really well. This is just one of the things we can focus on (in addition to the core wallet etc.) if we have more available developers on the Cloak project.

Cloak Strong!

Joe

Yes, agreed, we don't need to do something that has been done many times, just use services already out there. The crypto community (users) are not that big of a group yet to support numerous market projects. Use what already works to enhance CLOAK's capabilities, spend development time on the core focus, not the peripherals.
sr. member
Activity: 476
Merit: 250
Yes Open Bazaar support is probably better idea then inventing wheel again..One Market is already old fashioned you can find proofs in other projects BLK,SDC,SYS..and they are not interesting as supposed to be, only conclusion would be if development taking too long project risking to become obsolete.
full member
Activity: 171
Merit: 100
Some people just want to watch the world dance.
Cloak doesn't need another Bob, we just need development and nice steady rise.
Overnight success is very hard to achieve but who knows we can hit mainstream very easy. PR team already assured us they are working hard and surprised us with few good videos @ Youtube. Price is much better than it was recently, you must admit it!

JosNekoKopa et al

I agree on the whales, that rarely ends well. The idea of taking outside investment makes me grimace due to the associated expectations and implications. Unless of course it was along the lines of "We love what you guys are doing, here's a bunch of funding with no strings attached", which is unlikely Smiley

We are tossing around a few ideas relating to funding at the moment, but we need to thrash things out a bit more. Personally, I'm happy to do this publicly as I feel we all have a stake in Cloak and these decisions affect us all. The reality is that if we want to work at a faster pace and develop more things simultaneously, we need extra development manpower and that comes at a cost. Finding people within the Cloak community to contribute to things like promotion is workable, but sourcing experienced developers is a lot trickier. I spend the majority of my time with the head in the engine and sometimes it would make far more sense for me to be doing interviews, writing articles and working on designs and implementation plans. Having one or two extra developers would enable me to concentrate more on that side of things, which as we've seen in the past, can generate a lot of buzz for Cloak. I currently have at least 5 people wanting me to do interviews about Cloak, I really would love to have more time to focus on that side of things too...

One idea that has been discussed is minting a 'superblock' and using this to kickstart funding of a Cloak foundation. The Cloak foundation could be a non-profit entity that manages funding for development, PR and technical expenses such as server costs. For this to be workable, all funds would need to be publicly audited. Such a 'superblock' makes me think of scammy pre-mines, but the benefits it would bring make me think it's worth some serious consideration. The end result would be that every Cloak holder/stakeholder effectively donates a percentage of their holdings to the funding of the Cloak foundation. I think this is a lot fairer than the same 10 or so people paying for costs, which has been how things have worked in the past. I'm very interested to hear people's thoughts on this and also any other suggestions people may have. This is the critical issue with Cloak for now and the sooner we can come up with a workable solution, the better.

Going forward, we could generate foundation funding during mining and also have the network generate some reward for cloakers/mixers (in addition to the sender fee, which could be reduced slightly). With the addition of community governance in future (via PoS voting or whatnot), the Cloak community could vote to dictate which future features get funded and developed. As we've seen with the current Bitcoin/Litecoin SegWit situation, governance is becoming very important in crypto projects. Ideally, we'd like to also have non holders (exchanges for instance) have some input going forward, but vote-by-stake is a good first step imho.

I've also been bouncing around the practicalities of micro-rewarding nodes that onion route traffic for others. This could be very neat and would really help Cloak get traction in developing markets where users may have Cloak wallets with a small balance. Increasing the number of active cloakers and relays on the network always helps. I envisage us having to make a few tweaks to how the onion routing within CloakShield functions as the Cloak network grows too. There's quite a clear distinction between the functioning of Enigma and CloakShield in terms of security and privacy and I think it's paramount Enigma remains decentralised with only the sender being aware of the final transaction structure (rather than entrusting some sort of supernode to take care of any part of the mixing - ahem).

Marketplaces are also something that needs some discussion. Personally, I've never been keen on the OneMarket idea for Cloak as I think it would be a huge developmental drain and would get limited usage compared to established markets such as Open Bazaar. Spending some time working to implement Cloak support in Open Bazaar (for starters) would probably work out a lot better in the long run. There's often little point in reinventing wheels and having Cloak support elsewhere should still work out really well. This is just one of the things we can focus on (in addition to the core wallet etc.) if we have more available developers on the Cloak project.

Cloak Strong!

Joe
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Cloak doesn't need another Bob, we just need development and nice steady rise.
Overnight success is very hard to achieve but who knows we can hit mainstream very easy. PR team already assured us they are working hard and surprised us with few good videos @ Youtube. Price is much better than it was recently, you must admit it!

Overnight success is also very hard to maintain, we don't need that, we need lasting success...
sr. member
Activity: 476
Merit: 250
Cloak doesn't need another Bob, we just need development and nice steady rise.
Overnight success is very hard to achieve but who knows we can hit mainstream very easy. PR team already assured us they are working hard and surprised us with few good videos @ Youtube. Price is much better than it was recently, you must admit it!
hero member
Activity: 770
Merit: 501
Have you sources whales to assist with the open sourcing of the client?  If you open source and no one knows, why even bother?
I believe whales can only make damage at the moment. They are interested only in profit they don't care about technology,  to expect help from them is same as expect from Wall Street to save the world from hunger!
They will pump it again and dump it immediately after releasing of code, no matter how code is good they will destroy every chance for success with greed.
I def agree with you stay on the path we are on and let it speak for itself dont need no manipulation
sr. member
Activity: 476
Merit: 250
Have you sources whales to assist with the open sourcing of the client?  If you open source and no one knows, why even bother?
I believe whales can only make damage at the moment. They are interested only in profit they don't care about technology,  to expect help from them is same as expect from Wall Street to save the world from hunger!
They will pump it again and dump it immediately after releasing of code, no matter how code is good they will destroy every chance for success with greed.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
nice to see all this new faces in chat.cloakcoin.com  Wink already 101+ user  Cheesy

Haven't seen you in a while, just wanted to thank you for all you have done for CLOAK. Without your involvement, we would all have lost our investments. Now that we have a solid development team, there is truly a bright future for this project. Thanks for all the hard work you and the new team are doing, it really is appreciated!
sr. member
Activity: 448
Merit: 250
hero member
Activity: 719
Merit: 500
CLOAK Private,Secure & Untraceable Digitalcurrency
nice to see all this new faces in chat.cloakcoin.com  Wink already 101+ user  Cheesy
hero member
Activity: 770
Merit: 501
I can tell which people who never played the stock market. The price went up on very low volume. But hey, people get excited to pay off their house with the investments in Cloak.
yea its crazy how much the price moves with the volume so low which means people are holding for something big i dont see that being a issue.
newbie
Activity: 27
Merit: 0
I can tell which people who never played the stock market. The price went up on very low volume. But hey, people get excited to pay off their house with the investments in Cloak.
hero member
Activity: 2128
Merit: 520
Team Cloak are planing for the future at the moment!
I read in Cloak Chat, something huge is coming next week Smiley

Very excited Cheesy
well is this something that community will benefits with? or just to spread some news to make the investors to buy the coin expecting that the price will jump high because of this updates, i know cloak team are really doing their best to continue this project but hopefully we'll be able to see updates here as well coming from the team. good luck
newbie
Activity: 41
Merit: 0
I am very interested in learning more about the revival of cloak and this new enigma tech, can the dev or manager please contact me at contactcoremedia(at)gmail(dot)com

THX
LooTz
hero member
Activity: 695
Merit: 500
Team Cloak are planing for the future at the moment!
I read in Cloak Chat, something huge is coming next week Smiley

Very excited Cheesy
hero member
Activity: 770
Merit: 501
nice price bump today, poloneix would be huge open source cant come soon enough gonna be a good three months~!
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Have you sources whales to assist with the open sourcing of the client?  If you open source and no one knows, why even bother?

I believe their main objective is to be listed on Poloniex. Someone here, long ago, had a contact there and was told that CLOAK would not be listed as long as the code was closed source.
hero member
Activity: 868
Merit: 1000
Have you sources whales to assist with the open sourcing of the client?  If you open source and no one knows, why even bother?
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
@RJF wasnt hating on you just trying to stay positive thats awesome you been here since the beginning I left the scene for a while just got back into it more as a investor this time around last time i was after the quick buck I like where cloak is headed things are def looking up.

Yea, it looked pretty bleak for a while there but when cashm3n took over things started to turn around. I'm perfectly happy with the current developers and I think they are moving in a good direction. Just like to be reassured of that from time to time!  Grin
hero member
Activity: 770
Merit: 501
@RJF wasnt hating on you just trying to stay positive thats awesome you been here since the beginning I left the scene for a while just got back into it more as a investor this time around last time i was after the quick buck I like where cloak is headed things are def looking up.
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