[3. Privacy and Data Ownership]

https://www.forbes.com/sites/rogeraitken/2018/05/13/bitcoin-hype-aside-blockchain-for-the-public-good-comes-to-the-rescue/#1416ea5d4edc


Cloakcoin is mentioned under section ''3. Privacy and Data Ownership''

I wrote an a small ABC about Cloakcoin, to whoever is interest and in the text I posted a link for the donation wallet.dat file
- If you feel like a brutal cracker, then have a go at it and see if you can crack the encryption.


https://medium.com/@hrogfrkhappy/quick-overview-on-cloakcoin-and-a-private-key-33ac5807ce7f

I put together a very small covering of Cloakcoin and in the ''article'' you can find a link to a private key.

https://medium.com/@hrogfrkhappy/quick-overview-on-cloakcoin-and-a-private-key-33ac5807ce7f

[for me its Cloakcoin]

Privacy coins is the future of money - But which do you think will walk the walk?

We all know privacy coins like Monero, Zcash, Bitcoin Private, PivX etc. are in a sector that will only gain a lot more attention in the future, but which one do you think will be the big winner in the future, and why?

Myself are seeing a mostly unknown coin as one of the big winners, especially taking the current price in consideration, for me its Cloakcoin.

It is using Stealth address to hide you identity and (from my understanding) a offline shuffle with transaction so it isn't clear who and how much anyone received.

Why I think this could be very interesting, isn't really the way they do privacy, because we are seeing many privacy coins doing it in different ways (Many roads lead to Rome), some with more success than others But, it is the hole structure of them giving the little guy a chance to also make money on this.

They are ofc using PoS, which of many are seeing as the future of structure in blockchain, and for staking you don't need a masternode - Actually you just need 1 Cloakcoin to start. They have 6% interest a year and the best part is, you don't even need to have your wallet online to gain 'coinage'.
- You can simply just unlock your wallet for staking/minting, close it down and open it again 1 year later and the wallet/blockchain will know you have gained 1 year of coinage for your coins (after it has synched), which will lead to 6% extra coins in reward. For me that is amazing, not even gonna have a wallet running 24/7 or anything, passive income without even using electricity.

BUT - If you want your wallet to stay online 24/7 and gain small fractions of the 6% interest over the year, you can ofc do that AND also become a node (help the network with privacy transaction). For this you will earn an extra little amount of Cloakcoin (taking from the senders Enigma fee and given to nodes)..


For the future they are gonna move the codebase from Bitcoin to Litecoin, because the technology is adapting much quicker with Litecoin and therefor it gives the project more opportunities.

From 2014 and up until now, all they have done has been self funded - Which may be one of the reason why they haven't gained the traction like others with big money has, but that is also gonna be changed with the coming developer fund. A fund which will probably put an extra 1% to the 6%interest of staking, but that 1% will go directly to the teams fund so they can expand the team and knowledge about this project.


To see there little presentation https://www.youtube.com/watch?v=6KWx0NnahHM&
To read more about them go to www.Cloakcoin.com - or join the chat channels on www.chat.cloakcoin.com or telegram https://t.me/cloakproject
You can also read the Audit report from NASDAQ listed Cognosec http://www.cloakcoin.com/user/themes/g5_cloak/resources/CloakCoin_Audit_Report.pdf
And the solutions to the Audit findings https://bitcointalk.org/index.php?topic=823143.msg28710538#msg28710538


Looking forward to see which one you prefer and why - Thank you !

In some projects you can get in before an actually ICO. An Pre sale ICO of some kind. Do anyone here know a website that is collecting those, so it is easy to find ''none'' public projects at a early stage?