What is going to be the next logo for SuperSend Trustless?

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While I am writing the whitepaper, I think instead of publishing it all at once when I finish, I will post it in parts, every 2-3 days, so community will get more details about the algorithm we use and logistics behind it. It is also an education process so people will understand what is a trustless system and why we need it. So expect 3 parts to be posted in this thread. I will prepare a pdf file with all parts together (the formal whitepaper).

All questions are welcomed, though I may not have time to answer all the questions. Because I still need to do testing on the code and fix bugs, and add bells and whistles etc.

Below is the first part on the SuperSend Trustless system. I will try to publish the next part in 2-3 days, maybe Monday/Tuesday time frame. Next parts will describe the overview and details of the algorithm.

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SuperSend Trustless is an advanced p2p completely decentralized anonymous system. It belongs to Coinjoin category of the anonymous wallet. In this system all nodes (clients) are equal; there are no centralized or special nodes that hold more info than others. The coin transfer happens with the help of middle nodes that are randomly chosen. Mini-escrow is used with multisig address and transactions to ensure all the parties behave according to the transfer rules. This is a complete trustless system. The system is designed in a forceful way for all parties to behave correctly. If any party tries to cheat, he will lose more than his gain in the cheat.

Among all the online coin clients, if some minimum requirements are met (e.g. with minimum amount of coins in the balance, and with minimum 2 addresses in the wallet, etc), the node will advertise itself as a service node. Other nodes receiving the advertisement will add it to their service node list. There’s a limit in the service node list for each client (currently limited at 30). Any client can turn off the advertisement, if it does not want to be a service node. To turn off the service node advertisement, user just need to put a line in the config file. A service node will receive certain fee for each service it performs. Node not want to be service node can still receive other node’s advertisement and use the anonymous service, as long as it pays the service fee.

SuperSend Trustless makes heavy use of multisig technology. The sender of the coin will choose randomly 2 middle service nodes from his service node list to help the anonymous transfer. Among the two nodes chosen, one provides mix service, and another provides guarantee service. Why need 2 nodes? Because if there are any disputes between sender and mixer, it is up to guarantor to make a final judgment and then distribute the fund in the escrow accordingly.

Mixer is the node to mix the coins with his own, and send to destination. It is possible to have multiple mixer nodes, so to further obfuscate the transfer. At the current implementation, we use a single mixer node.

Guarantor is the one who will make the final judgment if any dispute between sender and mixer. If everything goes on well, Guarantor’s job is just to create multisig address and multisig transactions. It will not be involved in the signing processes of the multisig transactions in normal cases. But if there are disputes, the Guarantor will decide, based on the facts of the existing transactions, the outcome of escrow distribution. Of course, Guarantor cannot decide alone, he has to coordinate with another party (see below for the signing of multisig transactions).

We use a 2-of-3 multisig address for escrow. What is a 2-of-3 multisig address? It is an address that is created based on 3 public keys, each from Sender, Mixer and Guarantor, respectively. Remember, Sender, Mixer and Guarantor each hold the corresponding private key of the public key. Anyone is free to deposit coins to the 2-of-3 address. But in order to spend any fund from the address (i.e. send to another address), the transaction needs to be signed using at least 2 out of 3 private keys. Since the private keys are in different nodes, different nodes must willing to sign the same transaction before it becomes valid. In another words, the coins in that address cannot be spent by anyone alone, at least two of them should agree before the money can be spent.

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wonderful, when more people realize the significance, the SUPER will go to the moon...

+1

And it still doesn't work for me either

Yes its not urgent just to play and see how it will be. There is no actual payment for these test periods.

We can accept %50 of signups truly rest has to be fixed some bug appearing there. You should use better wallets starting with "S" 
We will sort this out soon. There some wallets starts with "T".

XC,VRC tell us their identity and background,so many people believe them.We know nothing of you.

You want us to believe,you have to bring out and explain it.

Told guy who wrote... ( like Super coin was not another copy paste BC code with some improvements... )
And man without Blackcoin it won't be your Supercoin,Vericoin,Pink coin and 100+ other coins...
show some respect... ( i as BC holder respect PPC very much without it it wont be BC Nova HBN FTC too... )

Just a heads up on MasterMind710. He's responsible for the Cloak FUD subreddits and most of the baseless comments in the sections of Cloak related articles and videos. The only thing backing up his claims is his investment in DRK masternodes..

Moving forward.

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Since when is the right to privacy of developers a CON? Cloak developers have done more in the last month than most other coins have done in the last nine. Please explain to me how advocates of anon technology also advocate that developers reveal themselves in order for their work to be taking seriously. If you believe anon to be a negative factor in development, then the same argument will be made later down the road for merchants using anonymous currencies. Remember Satoshi was a fellow anon. Just because a new altcoin popped up with developers willing to expose themselves doesn't mean it is a recipe for success; Morever, this should not validate their work or their abilities.

I would hope the OP would reconsider his criteria for PRO/CON in relation to personal privacy.

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Please show me at least one alt-coin that has invested money into a high-level independent audit - closed or open. I'm not talking about Kristov Atlas, I'm saying a real authoritative audit from a place like www.opencryptoaudit.org. These places are backed up 3-5 months in advance and the costs are upwards of $50k+. It's comes out to around $5,000+ a week per auditor. It's one thing to sit in this forum and play armchair auditor it's another thing to do it for a living. I'm an investor for Cloak and I'm willing to fund 100% of the independent audit for PoSA. I doubt anyone here is willing to do the same for their investment. I'm already speaking with various candidates and their results will eventually be made public when finished. Dagger, the project lead for Cloak clocks in 20+hour days as do the others on the team. This type of commitment is all I need to validate my investment in a professional audit. The crypto space is one of the most vile and disgusting communities on the internet. Shameless promotions and baseless accusations are all the norm here. Innovation is ripped from another coin and re-branded almost the same day the source is published. It's not a surprise that developers who innovate are moving to more of a closed source development cycle to protect their investors.

Pony up and do the same for your coin because once these results come in your internal reviews won't hold a candle to Cloaks.

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A detailed diagram has been released that outlines the inner workings of the Proof-Of-Stake Anon (PoSA) protocol. There is a public beta available for Cloak's PoSA. Feel free to join the IRC #CloakCoin. There are 7 core developers working on Cloak in addition to 5 other developers working on supporting projects. Anyone of them is available to answer questions. There is a diagram on the way that will be easier to read for those who have trouble understanding this one.

we are getting close to a real turstless system I hope. I looked at the description for Cloakcoin, they don't have a trustless system, no forceful actions to make all parties compliant.

You get this complete wrong. If it were bitcoin dev team, yes I'd like them to audit the code. But XC? excuse me?? How do you know they know better than Super dev? Mostly like no. Also, they are competitiors, have you ever heard that US military ask Soviet government to audit their nuclear system?? Don't make jokes like this please, a kid will know what that means. Don't be ridiculous.

+1, that's why I like the supercoin!

How to attract investors part I :
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Prove it works. Once you’ve built a business successfully — even a small one — investors are more likely to believe in you. Get an idea going, and achieve small successes to show you’ve got the drive to see things through. As someone who’s been on both sides of the table, I personally feel more confident investing in ideas that have already proven viable.
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Build relationships. Every person you meet is a potential investor or a contact who will lead you to one.
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Be likable. It’s impossible to raise money if investors don’t like you. Engage people and be friendly. Look sharp and exude positivity. An investor once told me that he chose to invest in my company because I was personable. “I know we have a winner here because of you. I like you,” he said.
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Diversity: The more well-rounded your investment group is, the better suited they’ll be to address the challenges your company will face. Look for investors with diverse backgrounds and experiences.
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Positivity: Supportive people can be the difference between a project’s success and failure. No company can grow without encountering problems. Finding people who remain confident through these times can improve your chances of success.
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Focus the discussion on issues that matter to investors. Companies should also recognize that different investors prioritize different issues. They should understand which issues their investors care most about, and tailor their communications accordingly. For example, when talking to pension funds, investor relations officers should take time to talk about the governance performance of their company and articulate how strong governance allows the company to nurture long-term value creation


Every good idea attracts more and more competitors. So when I look at a potential deal, I analyze the startup’s management team and ask ‘why them?’ I ask if this is a team that can build barriers to a potential competitor’s entry and I ask who on the team is going to implement the steps required to do that. Solid answers given to these questions will get my interest.
 I tell startups that they need a great narrative; a great story. Investors know and meet so many people that in time they all become a blur. But a great story of you and your startup. . . that's something that will always get attention of investors and it¹s something that'll be remembered.


So this is just a copy paste from the web guys,i have much more materials but i need time to translate them.I think this is enough for a first How to post so if you have any suggestions please do tell.
I am happy that i saw the IGNORE button in the avatar section of a user,i am glad that i have ignored some users who are spreading fud in different forms and ways.So Fabula if you are reading this please stop this because of the other users not for me,i have ignored you so i won't be frustrated by your negativity.
Thank you all

But the rig site continue zero... For I can see, it's OK, right?

YES if pool can see the shares, it will pay, so have no worry at all.
Also thanks for the screen cap, it looks you spend some time on it