I read the whitepaper. Phase 1 is a very basic type of anon that is inferior to most coins (including VRC). Phase 2 seems identical to how VRC/XC anon works using nodes but claims to use some kind of multi signature presumably encrypted, does VRC/XC not also do this?
Theres a lot of risks right now to invest in this coin-
1) It is very easy to design phase 1 type of system but we have no guarantee the dev has the skills to develop phase 2 and dev is refusing to give more information about phase 2, another
ominous sign.
2) Since we do not know much about phase two, maybe even the devs still need to design it and dont even know if it will work yet. Even if it was released what if it would fail? Terrible!
3) Since we do not know much about phase two, how do we know it is not inferior to other coins?
4) We do not know what nationality the devs come from, and they have not very good English. Can we know what nationality are the devs?
5) What is special about SUPER, OK maybe it will not be the best anon coin but what will make it good enough to be in the top 3? Dev can tell us the reason so we can know why we should long term invest in this coin. If dev cannot confidently tell us why this will be in the top three anon coins then its no more value than pump and dump.
6) Terrible English and gimmicky immature name (SUPER) puts off most investors. I am hoping this poor appearance will turn around as PRICE rises because in crypto price=trust. I am confident many Western people see the name super and instantly assume its a scam so this coin is being supported mostly by non-English investors so far.
7) Under the radar. Due to all the things stated above this coin is under the radar which is why I bought it. HOWEVER due to all the things above I am buying in the knowledge I may lose everything.
So the top ANON coins are XMR, XC and CRYPT. CRYPT kind of sucks and I know CLOAK sucks big time. Surely we can be better than CRYPT? I would be happy with position three and I know we couldn’t beat XMR and XC for technology.
Since I have lived in China for over six years as a Westerner and learned very fluent Chinese yet my Chinese grammar still sucks so I have a lot of sympathy with foreigners that do not have very fluent English trying to appear with credence on these forums. Indeed the very premise of WHO is able to make profit in today’s world is all based on trust and communication. So because of poor English, poor name and still no physical anon arrival it is hard for investors to buy on trust right now.
Edit: Expect pump and dumpers to dump because of my post but NOT including me. I already bought all my SUPER and have no BTC left. I am just addressing some concerns to help us improve the coins image in future. I bought most of my coins at 5k and already lost substantial amount on this price but I am not scared. Please do not be scared of the big dumps