mindfox (costas) is working hard and the non-masternode linking solution is real. They aren't revealing until it is ready because lots of copy cats out there. There is a giant anti-NSA crowd of investors funding this.
Who is funding this? MoosaNYC admitted to pay about 20 BTC to the dev team. 20 BTC is clearly not enough for any serious development. MindFox denied that he received any money for the development of anonymity feature.
People dumping this coin are going to wish they hadn't. when anon is unveiled it will easily be newsworthy. DRK never got anon working yet they got an article on Wired. Imagine a new method that actually works and the news that generates?
I doubt that anybody from cryptcoin community will be able to prove (in more or less strict mathematical sense) that the proposed anonymity method will work (that it actually provides any anonymity at all).
It seems that (besides MindFox and maybe some other devs) there are no people in cryptcoin community that have enough knowledge or experience to critically review any proposed solution.
You're mixing this new anonymity method with DRK which implements CoinJoin. CoinJoin is much more general concept and with this concept it is fairly clear what kind of anonymity it provides (it is more clear against which attacks is resistant).
Many other coins have already created their own anonymity solution but it seems that no one of them received any serious media coverage.
I can't speak for Moosa. He is an investor, not sure how much. I'm not too familiar with some of the new 2013 names in Crypto since I come from more of an old-school Bitcoin mining background.
I won't disclose my investment but some of us have been given demonstrations because of that investment. Other coins that have implemented a non-coinjoin method away from the masternode still had an element of centralization to it. This is a completely decentralized solution that is something new and not dependent on anything. They have re-engineered something that I think even Satoshi would be proud of.
I've signed an NDA so I won't be leaking technicals. If that causes you to lose confidence then please dump. I wish I was around when Fattious pulled his little scam. 35K was fricken cheap considering what is coming. 60K is still hella cheap.
I really don't understand this cryptcoin community.
MindFox may have some ideas for working anonymity solution (although he calls it "hard to trace system" instead of anonymity, but ok). I don't deny that.
This community decided to publish whitepaper which describes some solution for anonymity. The proposed anonymity solution won't work at all. And then this community creates a great hype around this non workable anonymity solution.
But when the anonymity issues are exposed by some reddit post and this reddit post starts to influence the price, no one with knowledge provides any actual technical explanation. Instead the mods (probably MoosaNYC) simply decide to remove post from reddit.
Why is so hard for pumpers, "founders" or community to publish any kind of updated whitepaper? They don't have to include any technical details in it, they can just write general description and concept behind this idea (zero knowledge proofs etc.). And - of course - they can also throw in some marketing buzzwords.
I think that more open and transparent development would be very beneficial to cryptcoin.
I'm a developer and I don't understand anon technology much because I am not a cryptographer nor did I study computer security. However, do you know what I understand less? You. There are over 10 coins in the market which promises Anon technology, yet here you are on this thread, with no money tied to it, consistently, subtly trying to FUD this coin so concerned for its anon technology.
Mindfox and the other devs haven't disclosed how the anon will truly work, therefore you have no business here, no money, not anon to analyse, nothing, yet look at how much time you've spent here. When the anon IS released, feel free to come back, criticize it, give us your technical analysis as to why its an inferior anon compared to the other 'anon coins'.
Thank you.
