Topic: Pros and Cons to Anon coins, Including Darkcoin / Cloakcoin, lets discuss them. - page 8. (Read 8787 times)

I agree with both your statements. (I think I saw one more comment?)

From my point of view, I always check the very top or the peak of the "pump", if I can express myself like that. And I always like to see where's the bottom or where is the "base", where people would rather hold then sell. And at the moment, we can't see these details from Cloak, but DRK has hit the bottom at the moment in my opinion, while Cloak is still rising. We shall see very soon how things turn out.

So if you take the Cloak's volume as a Pro, is way to dangerous to say, because as fast as you can earn money, you can also lose it..

-N.

I think the reason volume is up for Cloak at the moment is due to the bullish market.. alot of people buying and holding. Verses Darkcoin is going down in price and people are just holding, or occasionally buying up at lower prices.. If you could short Darkcoins i am sure the volume would increase.

Hello,

just wanted to point out that, speaking from experiences, that volume comes and goes. Be aware of that, all these breathtaking coins had volume at some point, rising the price up, then it just vanishes! But take into the consideration the amount of volume throo a longer period, which DRK has.

-N.

It seems there is alot of argument of which coins are "better" though each have their pros and cons. One is more established, the other has some features promised with new technology. See below for the Pros and Cons i have found for each, if you can give me more to add to the list i will. But please provide sources to the information you are giving.

Cloakcoin:


Pros:

Trading volume is much higher around 3 times the amount. https://coinmarketcap.com/
Uses a architecture for anonymity. See PoSA, Point of Stake Anonymity. https://mega.co.nz/#!1c9UnKBI!BdEaoBuYDAr5F4nwltpYjYNOrZt7Jretk07eGc-oPDc
Cloaktrade: Working on an exchange system built into wallet using an API code from Bittrex. http://altcoinstrader.com/cloakcoin-cloak-announcements/
Has a feature of Stealth Addresses. http://sx.dyne.org/stealth.html
Plans on having a built in Marketplace on the wallet called OneMarket http://www.cryptoarticles.com/crypto-news/cloakcoin-development-update-onemarket-posa-oneledger-ciara

Cons:

Traded on fewer exchanges. http://bitinfocharts.com/darkcoin/
The developers are completely anonymous.
Cloakcoin ANN on Bitcointalk is self moderated, many critical comments have been deleted. https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-no-premine-x13-decentralized-market-and-posa-637704
Very short mining period, Mining will stop after 10080 blocks (7 days). https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-no-premine-x13-decentralized-market-and-posa-637704

Dark Coin:


Pros:

Is more established, has been around since January 2014. https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615
Has a higher Market Cap of currently 20 Million dollars. https://coinmarketcap.com/
Very low bloat in the blockchain. http://wiki.darkcoin.eu/wiki/FAQ#Is_Darkcoin_going_to_implement_ring_signatures.3F
A higher network hashrate. http://bitinfocharts.com/darkcoin/
Is more commonly known in the crypto community and social media. http://topsy.com/analytics?q1=darkcoin&q2=cloakcoin&via=Topsy


Cons:


Was instamined over 2 million DRK on launch, due to only a few having access to the windows mining client and not publicly released for some time. And due to problems with the difficulty readjustment. http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F

XCurrency:


Pros:

Known dev team http://xc-official.com/the-xc-team/
Decentralised trustless Privacy in several layers, https://bitcointalksearch.org/topic/xcxcurrency-decentralised-trustless-privacy-platform-encrypted-xchat-pos-630547
Encrypted messaging XChat https://bitcointalksearch.org/topic/m.8119953
multi-path implementation that employs multi-sig to route fragments of transactions down separate paths through the network, compounding anonymity while adding redundancy and security http://www.cryptocoinsnews.com/news/xcurrency-unveils-cryptographic-privacy-technology-wake-nsa-xkeyscore-outrage/2014/07/04

Cons:


Premine of 125k (2.27% of all coins to exist in the form of a premine) https://bitcointalk.org/index.php?topic=630547.18800
ANN on Bitcointalk is also self moderated (after unmoderated thread turned into a fud fest, so requested by community) https://bitcointalksearch.org/topic/xcxcurrency-decentralised-trustless-privacy-platform-encrypted-xchat-pos-630547

Supercoin:


Pros:

Supersend feature http://cryptocoins.co/supercoin-supersend-feature
POS superblocks http://cointelegraph.com/news/112195/supercoin-a-trustless-decentralized-anonymous-p2p-network

Cons:

Supersend based on Coinjoin www.super-coin.net/SuperSend.pdf