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Topic: [RELAUNCHING CLOAK] | No Premine | No IPO | X-13 | Built in Anon via Exchanges! - page 17. (Read 34611 times)

sr. member
Activity: 336
Merit: 250
hero member
Activity: 714
Merit: 500
RISE Project Manager
hero member
Activity: 518
Merit: 500
The blockchain is the future
Please answer my PM thanks.
newbie
Activity: 56
Merit: 0
member
Activity: 93
Merit: 10
No IPO and no premine
I will put some rig in.
sr. member
Activity: 392
Merit: 250
No IPO and no premine - good start.
hero member
Activity: 714
Merit: 500
RISE Project Manager
Maybe for a really fair start

i think i will mine this Smiley

Greetings

We'll be doing a soft start of only 1 cloak for the first 50 blocks. This will give people time to get things together.
sr. member
Activity: 729
Merit: 251
Maybe for a really fair start take a look at Philosopher Stone start, this was really fair with slowly increasing block reward the firs day or week https://bitcointalksearch.org/topic/ann-philosopherstone-phs-no-premine-mandatory-update-12beta3-263744

You say its no pum n dump and good devs so pls share us who are the devs? (maybe i overlooked so pls reffer me )



i think i will mine this Smiley

Greetings
hero member
Activity: 714
Merit: 500
RISE Project Manager
Hey guys,

I'm part of the team behind this coin and have assembled together the people making it happen.

Feel free to step into the IRC channel #CloakCoin

We'll get a tip bot up and running later on.
full member
Activity: 167
Merit: 100
I have a question as a newbie in the forum to newbie. Where and when you gain experience, to innovate. Smiley
member
Activity: 112
Merit: 10
Introducing CLOAKCOIN:  The first currency with anonymous feature via exchanges


We have seen literally hundreds of new coins coming into existence. A lot of great ideas, a TON of attempts to capture the firestorm of memecoin success, and some terrible ideas. We have also seen some outright scams, by unrepentant greedy people who lack the motivation to even bother trying to innovate at all, and simply choose to prey on the hopes and dreams of the great, vibrant community that the cryptocurrency phenomenon has brought together.

CloakCoin is totally different from other alt coins, which are made for Pump n Dumps. We are a team of 4 highly experienced developers, currently working on a totally different anonymous feature for CloakCoin; anonymity via exchanges.

Main advantage of using exchanges for anonymity: Hundreds more transactions going into an exchange than a node, some of these tx take weeks to come out. This means that it renders statistical analysis (which can uncover so called anonymous transactions) much less effective. Result = stronger anonymity, straight from your CloakCoin wallet.

newbie
Activity: 56
Merit: 0
2014年6月1日,08:39:15    发射吗 不发射早说 哥等了好久了
pt7
member
Activity: 98
Merit: 10
Will this coin generate a support ticket if there is a withdraw issue at the exchange?
hero member
Activity: 686
Merit: 500
cloak seems promising
I'll mine it
full member
Activity: 224
Merit: 100

How is this system any better than a centralized mixer?

btw the lag will be terrible

This system is like having external mixer, except instead of having all of the funds going into and coming out of the mixer there is no connection. Funds go from wallet to point A (exchange somewhere), and blockchain is monitored and then funds come from some other point B to the destination. You can't trace through the exchange to the destination, because there is no direct link.
hero member
Activity: 518
Merit: 500
The blockchain is the future
Ummm where wallet, pool etc?

Can we see your resume? how come you just made a coin out of nowhere? Were you working on this since way before you decided to launch it? And i repeat show us your identities. How will you manage profits?
legendary
Activity: 952
Merit: 1000
Stagnation is Death

So... does that mean you have wallets setup in all exchanges and that the coins will go through the wallets that you have setup in those exchanges?  

The more wallets that are created (within an increasing number of exchanges) the stronger the anon service will become.

So... you go create these wallets explicitly in these exchanges without their knowledge or you have partnership/collaboration?

So, that means MAJOR lag between transactions because for each "exchange node" that you pass through, you have to deposit into each exchange, then wait for their confirmations, before you can withdraw them out of the exchange and move onto the next "exchange node" and withdraw (repeat to X) before finally getting to the destination address??

You keep avoiding this question.   I would assume that this is exactly the method you are using and that there will be major lag between transfer...

This will be nothing but FAIL COIN...

The assumption on how the system will work, as outlined in the above is incorrect.

Whilst there will be some lag (due to the nature of this highly anonymous system), transactions will take nowhere near as long to complete as described in the above scenario.

How is this system any better than a centralized mixer?

btw the lag will be terrible, every exchange has a different confirmation number and if it is higher than 5, the network will be ultra slow
full member
Activity: 224
Merit: 100

So... does that mean you have wallets setup in all exchanges and that the coins will go through the wallets that you have setup in those exchanges?  

The more wallets that are created (within an increasing number of exchanges) the stronger the anon service will become.

So... you go create these wallets explicitly in these exchanges without their knowledge or you have partnership/collaboration?

So, that means MAJOR lag between transactions because for each "exchange node" that you pass through, you have to deposit into each exchange, then wait for their confirmations, before you can withdraw them out of the exchange and move onto the next "exchange node" and withdraw (repeat to X) before finally getting to the destination address??

You keep avoiding this question.   I would assume that this is exactly the method you are using and that there will be major lag between transfer...

This will be nothing but FAIL COIN...

The assumption on how the system will work, as outlined in the above is incorrect.

Whilst there will be some lag (due to the nature of this highly anonymous system), transactions will take nowhere near as long to complete as described in the above scenario.
sr. member
Activity: 322
Merit: 250

So... does that mean you have wallets setup in all exchanges and that the coins will go through the wallets that you have setup in those exchanges?  

The more wallets that are created (within an increasing number of exchanges) the stronger the anon service will become.

So... you go create these wallets explicitly in these exchanges without their knowledge or you have partnership/collaboration?

So, that means MAJOR lag between transactions because for each "exchange node" that you pass through, you have to deposit into each exchange, then wait for their confirmations, before you can withdraw them out of the exchange and move onto the next "exchange node" and withdraw (repeat to X) before finally getting to the destination address??

You keep avoiding this question.   I would assume that this is exactly the method you are using and that there will be major lag between transfer...

This will be nothing but FAIL COIN...
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