Cloak? don't tell me that, please read SuperSend's white paper, then read Cloakcoin's thread. They have no idea what is a trustless system, yet they claimed they will have it, what a FUD. Only a fool will believe it.
Agree. Supersend white paper clearly explained what is a trustless system. So Supercoin's dev team understands the context very well. They said they are working on it.
Go to Cloakcoin's thread, reading their posts they indeed have no idea of what is a trustless system. They thought as long as they can find a mixer to pair and that's it. It is far from that. A simple pairing system can easily be cheated and it is not a trustless system at all. I think they need to learn the concept first, before they can claim they want to build a trustless system.
I made a profit off this coin and now I'm out.
Btw, I'm not even going to entertain your lack of understanding of CLOAK's PoSA extension protocol. Keep bashing it and you will eventually come around once Coinjoin Suduko comes out. I'll leave you with this security analysis which states that any crypto transaction using the Coinjoin protocol can be denanonymized
100% of the time.
Taken from the Supercoin Whitepaper: "SuperSend is an anonymous send technology belonging to the
Coinjoin catalogue."
"The SharedCoin mixing service provided by Blockchain.info offers only limited privacy to users due to weaknesses in its design. Bitcoin users should carefully consider their privacy requirements and evaluate other mixing services if they require serious privacy guarantees.
A tool for analyzing SharedCoin and other CoinJoin-based mixing protocols will be released approximately two weeks following this advisory to allow SharedCoin users adequate time to protect their privacy."-Kristov Atlas, Security & Privacy Researcher
That was two weeks ago so anyday Coinjoin Suduko will be released. Anyways good luck with your coin and if you would like further information on this tool visit
http://www.coinjoinsudoku.com/ and click the "advisory" tab for a detailed analysis. He's given people ample time to cut their losses with the Coinjoin protocol which in my opinion was a very courteous gesture.
