Bitcoin Forum
June 27, 2024, 05:38:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22]
421  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 10:53:15 AM
Please answer my PM thanks.

https://bitcointalk.org/index.php?topic=634046.msg7068260#msg7068260
422  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 08:26:55 AM

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.
423  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 08:15:54 AM

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.
424  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 07:55:07 AM
First pool ready : http://cloak.shockpools.com

To avoid cloning / copying before we even start, full details on exchange anon will be made public after Wednesday's implementation.



Are the anon features built in already or are they part of future coin development?

Please read the part about.... after Wednesday's implementation.

3 days time it'll be included in a wallet update.
425  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 07:47:12 AM
First pool ready : http://cloak.shockpools.com

To avoid cloning / copying before we even start, full details on exchange anon will be made public after Wednesday's implementation.

426  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 07:21:08 AM
Countdown to fair launch:

http://www.timeanddate.com/countdown/generic?iso=20140601T2030&p0=136&csz=1&swk=1
427  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: June 01, 2014, 12:15:05 AM

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.
428  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: May 31, 2014, 11:58:19 PM
What if the exchange is compromised by the authority and is already being logged?  

So for sure can't use Cryptsy since it's an USA based entity?

The cloak system will be randomized across multiple exchanges (as added) and only run over tor proxy.
429  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: May 31, 2014, 11:52:35 PM
1st 50 blocks will be of 1 coin reward to avoid instaming. We will make the launch as fair as possible.
430  Alternate cryptocurrencies / Announcements (Altcoins) / [RELAUNCHING CLOAK] | No Premine | No IPO | X-13 | Built in Anon via Exchanges! on: May 31, 2014, 11:36:53 PM
CLOAKCOIN WAS SUCCESSFULLY RELAUNCHED.

CORRECT THREAD CAN BE FOUND HERE:

https://bitcointalk.org/index.php?topic=637704.0

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!