Can what the Cloak devs are trying to do, be done? Truly anonymous payment/settlement would be a big deal.
Of course they can do! Look at the Whitepaper & Audit.
First live PoSA3 transaction was successfull! (last update)
The key to success on this project will be patience
Step by step. I'm sttill holding my 50K CLOAKs. I bought them under 5K. I bought similiar dead coin CRYPT coin under5K at the same time. Its a a good investment buying dead coins.
So you will make a big jackpot with CLOAK
CLOAK will have in future true trustless anon tech