Topic: Trusted by... PR Exposure | Startproject: Cloakcoin | Get the right Information (Read 9227 times)

20:29] Hello alty, all things coming along for the 10th still?
[20:29] @alty Smiley
[20:30] <@alty> yep it's looking good... Monday we should be testing in private beta

Update:

The announcement turned into a PDF file for ease of explanation and so here we are....

It will give you a clearer picture about the direction that our team is taking this coin.

You'll also get to hear about something new called CECIL, alongside PoSA v3 and more.

https://mega.co.nz/#!RJ02FSxL!RHaKohmGBCeWOa7SYW3JcqTBJqH-xWLIRwNmzvnSdeA

Who said Cloak is dead? Wink

PoSA v2 paper is almost ready just getting some finishing touches made to it.

Later on today it will be posted on www.cloaktalk.org as we aim to encourage community interaction outside of bitcointalk.

http://CloakCoin feature launched!


Send and receive CLOAK using just a phone number.

Check it out!

www.cloakpal.com

Update:

Cloak devs working hard as usual, there's a lot to get done and we're not stopping for anything.

Block escrow for the time being is the center of that development as it applies to both PoSA and OneMarket.

CloakPal, the SMS mobile wallet from the secondary dev team has been made public at www.cloakpal.com

Questions can be directed to Ludx on #Cloakcoin IRC related to CloakPal.

We've also been working on a graphical and relatively "easy to follow" explanation of how PoSA v2 works, that should become public over the next 24 hours or so.

PoSA v1 : Proof of Stake Anonymity

Welcome to the ground floor of a breakthrough anonymous system. In this version we sever the link when sending from person A to person B and therefore there is no solid proof that B received from A. You'll notice in the wallet that there is an extra icon near the minting icon that lights up green when other PoSA nodes are detected. Sometimes a few minutes is needed to find other PoSA broadcasting wallets.

It took no less than 33 builds to get it to this stage, but we're not leaving it there.

Part of the cloak team is already working on a PoSA v2, in which we introduce our "Block Escrow System".

Block Escrow (interestingly an integral part of OneMarket) was drafted in to PoSA to protect senders and receivers from so called "bad actors". What that means is, there is a known risk of a phase 1 node or phase 2 node being a bit naughty and attempting to interrupt the flow of a tx, for self gains or not. It is unlikely that happens but; in our quest for true trustless anon, as laid out on the day we first introduced PoSA we are not ignoring any chances of a "bad actor" disrupting PoSA flow and that concern is now being ruled out entirely.

What we have shown with PoSA v1 is real anonymity and when block escrow is built in, it'll make PoSA the strongest anon system to date (as far as we can tell).

Not only will block escrow make PoSA 100% trustless, we'll be able to provide users with more control over anon sends, to raise or lower the amount of nodes and splits etc but also to remove certain fees that will make a PoSA tx blend into the blockchain even further.

The hard work is completed for PoSA with increased PoSA node stability, various node broadcast checkpoints in place and loads of other tweaks over previous versions in order to get PoSA flow working correctly.

So to recap: In PoSA v1 you now have a working anon right here to play with and test, Cloak team will deliver PoSA v2 in the very near future along with continuous developments of OneMarket and other projects.




Extra command for .conf (optional):

posa=0 Turn posa off, default is on.

Anyone having trouble loading up an old wallet.dat on 1.9.7.33 is advised to make a new one and send some coins over to it.

To send PoSA there is a an Anonymize PoSA check box, after sending once it will stay checked. For normal tx it's recommended to deselect this as using PoSA incurs greater fees for the sender.

Windows 1.9.7.33

https://mega.co.nz/#!FdFBwCDT!l98LjYaVzEABWohecbaL906GUf-HyVWYzgW_Vi7x408

Linux 1.9.7.33

https://mega.co.nz/#!xNVm0bxA!uQ69298Cz48cd81SIiqSuaEvwEH28W09hjYv8hoty3o

OSX / Mac 1.9.7.33

https://mega.co.nz/#!VY1EwaJL!Bnu8oKm5z4Hb4KCQAde_YeWFjDxJ44L-RbodaVmrHeI


The time is approaching when we have to introduce a new tx fee structure for Cloak. As the price of 1 cloak rises the fees are getting more expensive. We'll time the lowering of fees (in which a fork will be needed), with the launch of PoSA v2.

PoSA has been a closed source build, to protect it from cloning but when PoSA v2 launches expect a full audit from cryptographer/s or code analyst/s with the aim of adding an extra level of "trust and authenticity" in our work.

1.9.7.33 with Windows installer:

https://mega.co.nz/#!kIE23AoQ!p1SH6pyGSkxPqRCYjpCPMCE29Pm0Ey0lwQVtxryaBR8

i was under the impression that Cloak was the being pumped before and who and how and where attracted negative attention.
i have to admit i have been occasionally confused and forget which is which with Cloak and Crypt..
both came out around the same time etc etc.

i will wait and see if someone else has something to ay about this coin.. i actually know little.

i appreciate you did not delete my comment out of a knee jerk response.

ALL of these coins even Bitcoin has negative aspects.. including my favorite coin in my sig.
so i think criticism is warranted on them ALL !

so i don't see much as FUD'ing as it is talking and making sure people have all info available to make an informed decision.
just because there is some negatives about any given coin does not mean it's bad.. bitcoin seems to be doing alright after all LOL

I started in January and i am a Bag holder and expert now and i DEMAND my opinion be enforced.
cue Self Moderated topic about scam coin.  

Also, just to give everyone an idea of where we are in the long term, here's Bittrex's chart from the beginning.  Notice there are now 3 "channels."  One at the beginning, one during the MintPal phase and one we have now entered.  Usually, we'll stay in a channel until we reach a "channel breakout" point.  What causes this?  Could be news (e.g. Cloak being released on MintPal).  Could be a lot of things.  The point is not to get too caught up in the short term prices unless you're high frequency day trading and look at where Cloak is long term.  Things you want to be aware of is whether Cloak breaks this new channel on the high side or the low side (e.g. < 200, or does it go > 270?).  Until something of that nature happens, it's just noise and normal fluctuation as we continue to develop this channel.