Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 266. (Read 810899 times)

have u started it?  normaly it should be enought just to open it

1 minicloak is smallest cloak unit. -> 0.01 cloak

can somebody explain me 1 minicloak is how many cloak?? 

hello, How do I run or install cloakcoin-qt in ubuntu, I'm new to linux? thanks

Buying & staking 

Im sure its no biggie and the BE will be back up and running. Are all the current fees paid for?

https://vid.me/H62V                                     https://vid.me/CF7s

not yet.......coming soon

No android  wallet active?

Looks to be down. I forwarded it to the team. They'll look into it soon. Thx for your patience.

BlockExplorers not updated?

Here is an improved version of the cloakcoin explanation:


Why is CLOAKCOIN cool?

Cloakcoin provides a fast, fully private, secure, untraceable and user friendly transaction system with guaranteed fungibilty (all coins being equal and interchangeable) operating 100% decentralized on low-cost consumer hardware with very little energy consumption. You will soon be able to run a Cloakcoin node on a Raspberry Pi at home - silent and low priced. Our wallets are easy to install and easy to run!

How does it work?

We use proof of stake (PoS) for consensus, which means existing coins held by users are used to help secure the Cloak network. This negates the need for expensive mining hardware associated with proof of work (PoS) mining. Cloakcoin requires no master nodes, custom blockchain formats or sub-blockchains. Cloakcoin wallets connect to each other and CLOAKSHIELD enables them to establish a private onion routing network like TOR (minimum 3 hops) and on this private network the wallets find participants to create and send ENIGMA transactions. ENIGMA produces transactions that are 'Cloaked' by other wallets. This means that as well as ENIGMA senders adding their funds to the ENIGMA transaction, Cloakers also provide matching amounts, which they receive back alongside a reward for helping to Cloak the send. This means that anyone examining the transaction cannot determine who is sending and who is receiving funds.

Here a sample ENIGMA transaction: http://explorer.cloakcoin.com/tx/0ff9d024a916b6f621159b685d3e191466321afb5e5ab36040f537569e53d6f9

Imagine a scenario where many people put anonymously 10 USD notes into a pot, others take these 10 USD notes anonymously out. One of these people is the sender, one of them is the recipient. All others are “Cloakers”. That is what ENIGMA will do for you: nobody can tell who put in which 10 USD note or took it out.

Cloakshield provides a private Cloakcoin network for the exchange of encrypted messages between all Enigma nodes. It uses ECDH/RSA encryption to protect all communication required by Enigma. And, to use our previous money pot scenario, this is what Cloakshield does to cover your tracks:
You don’t throw the 10 USD into the pot yourself. You announce that you want to put 10 USD into the pot. You will receive a “secret list” of codes pointing to unknown recipients. You put the 10 USD into an envelope and stick one of the codes on it. This envelope is put into another envelope and the next code is used as address. You can repeat this up to 25 times. You hand the envelope over to the first person next to you. If the address code corresponds with his ID he opens the envelope, takes out the next envelope and passes it on. This will be repeated until the last envelope reaches its recipient. He opens it and finds the 10 USD which he throws into the pot.

If you keep your Cloakcoin wallet with your coins in it online you will earn an interest of 6% p.a. with PoS minting. If you participate as “Cloaker” for Enigma transaction you can earn a share of transaction fees.
As active ENIGMA node you will have the added bonus of getting your coins swapped during the ENIGMA process again and again.

It's good to see you too 

Nice to see legendary members here,good signal! And yes,cloak stake very well.

Only recently discovered this coin and its value, and it's already paying off! Keep up the good work Cloak Team & let's AL make some money!

Staking nice on cloak

https://www.youtube.com/watch?v=1DxEi77OqMc

Oh, and don't forget good old luck. Many a deal has gone good and bad, simply because of the right place and the right time and vise versa.

BTW, marketing before the fact is just as useful if you are selling something still in development. It drives innovation and helps bring products to market on or before time. I have personally used this tactic in several of my startups. Generating interest in something new is the key to the first step of success.

That was boring to say the least.
I have another one :

"The secret to success is about doing things that drive success"

As far as I know, many great coins with active devs do not need marketing to create sucess, they just need to prove they are active, and doing usefull things.

Then eventually marketing can be usefull.