[ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 47.

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: Vivaldisto on March 17, 2018, 06:27:12 AM

There are so many such projects now. Tell me, how do you differ from others? Your road map seemed to me incomprehensible, unfortunately. do you plan to release an app for iOS and android?

Well, CLOAK has a ready and working product, our CLOAK.ENIGMA anonymity for anonymous transactions. This was audited by Cognosec in the beginning of 2018. The next steps are as mentioned in the roadmap.

We work on an iOS wallet and we have an android wallet since more than a year already! Please search on the play store: cloak wallet

Thanks

Vivaldisto

member

Activity: 210

Merit: 10

“Marketplace for sensor data”

There are so many such projects now. Tell me, how do you differ from others? Your road map seemed to me incomprehensible, unfortunately. do you plan to release an app for iOS and android?

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: btc123thatthere on March 17, 2018, 05:21:39 AM

So when Enigma is enabled, is there a way to calculate how much might be earnt?

When Enigma is enabled, you allow your node to help "cloaking" a tx. That means when someone else wants to send with Enigma and your node is chosen as one of the mixers, you will get a share of the Enigma fee the sender has to pay.

e.g. someone sends 100 Cloak and uses 10 cloakers and the enigma fee was 1 cloak, each of the 10 cloakers will get a share of the fees. and this is what you can earn with enigma.

well currently there are hardly any enigma tx on the network, but when enigma is used more and more that could be a good extra income.

btc123thatthere

member

Activity: 131

Merit: 29

So when Enigma is enabled, is there a way to calculate how much might be earnt?

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: btc123thatthere on March 16, 2018, 10:10:11 PM

Must Enigma be enabled to get the 6%?
I'm pretty sure it does'nt, just wanna be sure.

no enigma is not needed for the 6% stake

btc123thatthere

member

Activity: 131

Merit: 29

Must Enigma be enabled to get the 6%?
I'm pretty sure it does'nt, just wanna be sure.

Ferdo

member

Activity: 323

Merit: 19

Quote from: ?? on ??

Quote from: yogibaer on March 16, 2018, 09:32:42 AM

Quote from: btc123thatthere on March 16, 2018, 09:08:10 AM

Sometimes, down the bottom, when the mouse is placed over the CloakShield symbol, the symbol is greyed out and the pop-up text reads "CloakShield unavailable."
What is happening / not happening here?

It happens when no anon nodes are available.

I have staked Cloak for over a year. I installed Evolution. Rewards stopped on or about 2/20. I also see that the number of nodes I am connected to has fallen to only 3. Cloakshield is unavailable. Only one Enigma node available. What do I need to change to fix this? Sure, I could reinstall, but is there something else going on that I missed reading about?

Thanks.

Had a similar issue around that date. Restart wallet and see what block you are on. In my case I wasn't synced for days. Wallet started syncing, caught up with the last block and I started receiving rewards again. More rewards came as they were not coming for the days I wasn't synced. Hope it helps

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: ?? on ??

Quote from: yogibaer on March 16, 2018, 09:32:42 AM

Quote from: btc123thatthere on March 16, 2018, 09:08:10 AM

Sometimes, down the bottom, when the mouse is placed over the CloakShield symbol, the symbol is greyed out and the pop-up text reads "CloakShield unavailable."
What is happening / not happening here?

It happens when no anon nodes are available.

I have staked Cloak for over a year. I installed Evolution. Rewards stopped on or about 2/20. I also see that the number of nodes I am connected to has fallen to only 3. Cloakshield is unavailable. Only one Enigma node available. What do I need to change to fix this? Sure, I could reinstall, but is there something else going on that I missed reading about?

Thanks.

Did you unlock your wallet for minting? The wallet stakes the coins fine there are no known issues with that. In avg. you can expect 60-70 anon connections or more, i think there are still a lot of older wallets not updated and the old enigma nodes cannot communicate with the new enigma nodes.

Did you restart your wallet ?

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: btc123thatthere on March 16, 2018, 09:08:10 AM

Sometimes, down the bottom, when the mouse is placed over the CloakShield symbol, the symbol is greyed out and the pop-up text reads "CloakShield unavailable."
What is happening / not happening here?

It happens when no anon nodes are available.

btc123thatthere

member

Activity: 131

Merit: 29

Sometimes, down the bottom, when the mouse is placed over the CloakShield symbol, the symbol is greyed out and the pop-up text reads "CloakShield unavailable."
What is happening / not happening here?

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: bct_ail on March 16, 2018, 07:55:36 AM

I made a wallet and at first start, I have a two adresses: One with "no label" and a cloak adresse. Another one calls "Cloaking" and has a long adresses? with numbers and letters. What is that last one for?

you can create 2 different addresses. the regular (short) is used for regular transactions. if you want to use enigma ans receive anonymous payments or you want to send to someone you need the cloaking adress (long)

bct_ail

legendary

Activity: 2688

Merit: 2229

https://t1p.de/6ghrf

I made a wallet and at first start, I have a two adresses: One with "no label" and a cloak adresse. Another one calls "Cloaking" and has a long adresses? with numbers and letters. What is that last one for?

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: btc123thatthere on March 16, 2018, 06:22:18 AM

So if I have 100 CLOAK that are say 1 month old, if I leave the computer turned off for say 12 months (meaning I don't run the wallet for 12 months), when I do start the wallet and let it run for say 24 hours (this is called the 'stake', isn't it?), will the 6% be received?

You will receive the stake 6% (here 6 Cloak) but you do not have a guarantee that it happens within 24h.

This is an estimate how many times oyu can expet your amount of coins to stake within 24h:

"about staking: In the whitepaper there is a good explanation of what to expect from staking and how often one will stake. If someone holds 1% of all CLOAK this one would likly stake 1% of all blocks. We have 1440 block /d (1 min block time) 1% of that is 14x staking on avg. if someone holds a few hundred cloak they will stake likly less blocks daily."

btc123thatthere

member

Activity: 131

Merit: 29

I watched JSNIP4's interview with the two blokes and remember one of them saying 'you can set it up on raspberry pi'.
Pity not all the needed files are available for download.

I'm using my old 10" x86 EEEPC to keep the wallet running (it's synced and I'm leaving it enigma/cloaking-unlocked) which is pulling 17 watts from the wall with the screen turned off (I'll put in a $30 32GB SSD drive some time). Pretty sure the Raspberry Pi would only pull about 4 to 5 watts from the wall.
I'm glad the x86 windows build is available for download otherwise this wouldn't have been so easy

--

So if I have 100 CLOAK that are say 1 month old, if I leave the computer turned off for say 12 months (meaning I don't run the wallet for 12 months), when I do start the wallet and let it run for say 24 hours (this is called the 'stake', isn't it?), will the 6% be received?

btc123thatthere

member

Activity: 131

Merit: 29

I suppose sooner or later most of the good cryptos will give the user the (default) choice to keep transactions private, but also make it possible to prove where funds were sent to / came from - for the best of both worlds.

Cloak will probably be a valuable stepping stone for this happening (and likely make 15 dollars look cheap as chips in the process).. and likely retain a fat 'first mover' advantage/premium I dare say.

Just a theory!

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: btc123thatthere on March 16, 2018, 05:40:44 AM

How often do I have to let the wallet load for to earn the (annual) 6%? Why the particular frequency?
How long do I have to let the wallet load / how do I know it's done what it has to do in order to earn the annual 6%?
Thanks

You only get rewarded when your coins find a block. Cloak is a pos coin and depends on open wallets. If you have a low amount of cloak you can expect to find ablock (stake/kint) after a few days or even weeks. You will get the reward but you cannot say when your coins will stake. Just to have an idea how long you might have to wait: 1000 CLOAK with an age of several days might stake within 5-10h after syncing the wallet. 100 Cloak might take a day or more when the wallet is synced. I hope this clarifies the staking process a bit.

As long as u do not move your coins they gain coin age and when your coins stake you get the reward for that age e.g. you waited 365 days with 100 cloak and then they stake you get 6 cloak (6%) if they stake after 1 month you get 1/12 of 6 Cloak => 0.5 Cloak.

btc123thatthere

member

Activity: 131

Merit: 29

How often do I have to let the wallet load for to earn the (annual) 6%? Why the particular frequency?
How long do I have to let the wallet load / how do I know it's done what it has to do in order to earn the annual 6%?
Thanks

kolinko

full member

Activity: 518

Merit: 101

CLOAK purpose allows people to use a coin to provide privacy. This is a safe investment project. I think the future will grow and I hope the project will be in the best possible direction and soon to succeed in the future.

Petersha

member

Activity: 266

Merit: 16

CloakCoin is now available for exchange with http://Coinmonkey.io website! @CoinMonkey_io #CloakCoin #CloakEnigma #Privacy #CoinMonkey

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: btc123thatthere on March 15, 2018, 05:11:09 PM

To earn the annual 6%, what exactly must be done?

download the cloak wallet, send your coins and wait keep your wallet open you coins will then stake after a while.
Please keep in mind that the reward is only paid when you find a block, this is what staking/minting means.

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