CloakCoin's main feature (expected in the next couple of days) is called Proof of Stake Anonymous (PoSA), and it uses the PoS feature to conduct anonymous transactions. Pretty cool stuff...
Please put the concept behind this feature into a couple of lines for us EDIT: looked at the condensed whitepaper FAQ for CLOAK Can someone confirm what it looks like - that at the moment the entire CLOAK anon system is centralized and managed by the CLOAK devs? If so, then this project is very, very far behind Darkcoin. With Dark we are considering how, to have a point of failure at the moment (regardless of further ongoing anon development), a series of masternodes has to be compromised. But if I understand it correctly all an interested agency would have to do to compromise CLOAK 100% is knock on the dev's door. Is this correct? |
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Am I in a fucking hippie shop buying mood rings and scented candles?
I don't know, but you do like trying different alts, don't you. Like League of Legends coin for example. Indeed, only lost half my value in a couple days
LOL!!     |
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Darkcoin patrol. Now we know that CLOAK is the real deal cause they have to advertise here.
Don't worry. It's nothing to do with who's the "real deal" or not. I was just inviting the poster of the comment to read and watch the work going on out in the open, over at darkcointalk, to learn about how the anonymity is being implemented. There's more to it than meets the eye. |
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Ok, so looks like other team dropped the ball.
There are several big "teams" out there I can think of that are fumbling, either due to rushed, shoddy work or simply due to disinterest. I can't tell which you are referring to! |
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As the days go by, I watch the work going on at Darkcointalk. As Dark starts climbing back up, gathering speed, I'm going to wonder why many altcoin investors didn't see this coming.
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This is just a scam.
If the dev was serious he would have made the effort to reassure the community.
A pretty new site to pull in buyers. Nothing else.
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Please look at the developers VRC. (I already give my love who will say to me "Troll".)
The funny thing is, when I look at VRC I see a few fun ideas hastily patched together, but get the impression that none of it has been rigorously tested. it is also very apparent that this coin has been selected by every pump and dump crew out there - it's now impossible to tell which of these charming people is pissed because they lost money on the coin and which are trying to FUD it down to pump it back up. With Dark I know exactly where I am. I know there is a rigourous testing going on. I know the core community members really believe in this project. I know it's a long-term plan. It's a different kind of feeling altogether. And this will win people over as the weeks and months go by. Just watch. |
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Either way, I'm ok with it.
Me too |
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Dev i spoke with you about it on chat.
You need to communicate more about the coin and the projects.
Piggy week is a nice thing but you need to communicate others days than piggy week.
The wallet issue is really a big one, please solve it as soon as possible its more than 250 000 piggy lost for a month for me for example.
Lets see what will happen but piggy week need to be followed by more invest on this topic and more information.
I don't understand what everyone is getting at. We are all the same boat. The POS reduction is the same for us all - look at it the other way: the coins we have are becoming more valuable! Of course it needs to be fixed, but it's not such a big priority in my opinion. And it also requires a fork, if I understand correctly, which is quite a serious job to do. So take your time dev. I for one am really pleased to have found an altcoin with a genuine dev who does obviously work and is not just looking to make a fast buck. This is rare among cryptocurrencies, and it makes me feel secure. Thanks dev! |
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Just for fun, I looked up another address. This is currently the richest non-exchange address I can find. The balance is 14,093,671 PIGGY (nearly 3% of all PIGGY). On 7/6 there were 31 PoS blocks mined, worth a total of just 31.35016905 PIGGY, and it looks like the wallet was offline for a full day -- meaning the stake weight should have been two days, not one. Anyway, returns for just one day of staking on that wallet are 0.0000222% for the day, or 0.00812% for the year. That would be off by a factor of at least 185X, and doubled (for two days of staking) it would be off by 370X. Not good, dev; not good at all.... For a post about interest, your message is not, er... how shall I put it... not very interesting! |
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What has been taking place for the past couple of days is one of the many reasons cryptocurrency as a whole is having a hard time to make a dent in the financial world. We are flat out too busy attacking each other, my coin is bigger than yours etc.
Nothing wrong with reaching out to another developer and bridge the gap between communities, especially due to the open source nature of development in the first place.
For Cryptocurrency to move the mass, we need to respect other.. period. I make a point of not to trash another coin, because I respect the hard work they put in their products. I can't do what they do.
I gave the VRC devs my support because I believe in what they are trying to accomplish.
keep it civil ~
Who's trashing who's coin here? |
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Buy now, or forever hold your peace...
Zoom out - there's a lot more work to do Zoomed out... RSI at 30. Depends how far you go, doesn't it. And if you are happy with the 4 hour charts then look how far and often the rsi went over 70. Every action must have an equal and opposite reaction, etc... |
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I just have to quote this post 1h ago: By the way, for those selling now when the desperation level is at its highest... you should avoid markets in the future But it is the sum total of all participants - panickers included - that make the market. They are inseparable! |
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Buy now, or forever hold your peace...
Zoom out - there's a lot more work to do |
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break above 0.000415 and things might change.
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if we dont bounce off of this, veri shitcoin this is..
1hr rsi divergence still on, but 30 mins is barely holding..
recover u bastard. pump it if you give a shit bout vericoin
No. It is in the middle of 2 fibs - around 0.00023 would be normal. I understand the emotion, but the facts are there. |
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It is a shame, but this coin is pulling a perfect parabola on the 1 day charts.
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Next step is a bash script that makes all the mentioned above in 1 click. And duckNote OS, that have all lucky ducky tools to go.D<
Thank you very much for the explanation dNote. Being non-computer literate, to be on the safe side I will wait for the layman's UI! |
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nice advertisement for those three coins
You know any other? I will add to poll... duckNotes!!! Please add... This anonymous crypto has got enormous growth potential |
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