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Author Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA  (Read 1266168 times)
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mikerutch
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August 09, 2014, 01:51:34 AM
 #13121

PoSA v1 : Proof of Stake Anonymity

Welcome to the ground floor of a breakthrough anonymous system. In this version we sever the link when sending from person A to person B and therefore there is no solid proof that B received from A. You'll notice in the wallet that there is an extra icon near the minting icon that lights up green when other PoSA nodes are detected. Sometimes a few minutes is needed to find other PoSA broadcasting wallets.

It took no less than 33 builds to get it to this stage, but we're not leaving it there.

Part of the cloak team is already working on a PoSA v2, in which we introduce our "Block Escrow System".

Block Escrow (interestingly an integral part of OneMarket) was drafted in to PoSA to protect senders and receivers from so called "bad actors". What that means is, there is a known risk of a phase 1 node or phase 2 node being a bit naughty and attempting to interrupt the flow of a tx, for self gains or not. It is unlikely that happens but; in our quest for true trustless anon, as laid out on the day we first introduced PoSA we are not ignoring any chances of a "bad actor" disrupting PoSA flow and that concern is now being ruled out entirely.

What we have shown with PoSA v1 is real anonymity and when block escrow is built in, it'll make PoSA the strongest anon system to date (as far as we can tell).

Not only will block escrow make PoSA 100% trustless, we'll be able to provide users with more control over anon sends, to raise or lower the amount of nodes and splits etc but also to remove certain fees that will make a PoSA tx blend into the blockchain even further.

The hard work is completed for PoSA with increased PoSA node stability, various node broadcast checkpoints in place and loads of other tweaks over previous versions in order to get PoSA flow working correctly.

So to recap: In PoSA v1 you now have a working anon right here to play with and test, Cloak team will deliver PoSA v2 in the very near future along with continuous developments of OneMarket and other projects.





Extra command for .conf (optional):

posa=0 Turn posa off, default is on.

Anyone having trouble loading up an old wallet.dat on 1.9.7.33 is advised to make a new one and send some coins over to it.

To send PoSA there is a an Anonymize PoSA check box, after sending once it will stay checked. For normal tx it's recommended to deselect this as using PoSA incurs greater fees for the sender.

Windows 1.9.7.33

https://mega.co.nz/#!FdFBwCDT!l98LjYaVzEABWohecbaL906GUf-HyVWYzgW_Vi7x408

Linux 1.9.7.33

https://mega.co.nz/#!xNVm0bxA!uQ69298Cz48cd81SIiqSuaEvwEH28W09hjYv8hoty3o

OSX / Mac 1.9.7.33

https://mega.co.nz/#!VY1EwaJL!Bnu8oKm5z4Hb4KCQAde_YeWFjDxJ44L-RbodaVmrHeI




The time is approaching when we have to introduce a new tx fee structure for Cloak. As the price of 1 cloak rises the fees are getting more expensive. We'll time the lowering of fees (in which a fork will be needed), with the launch of PoSA v2.

PoSA has been a closed source build, to protect it from cloning but when PoSA v2 launches expect a full audit from cryptographer/s or code analyst/s with the aim of adding an extra level of "trust and authenticity" in our work.
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August 09, 2014, 01:54:43 AM
 #13122

To help sync to PoSA nodes:

You can extract addnodes for 1.9.7.33 from the block explorer  http://cloak.blockexplorer.cc/nodes/

Or atm the following are valid and can be added direct to .conf.

connect=192.99.43.247
connect=107.191.34.156
connect=173.60.106.117
connect=99.153.243.11
connect=77.187.1.18   
connect=91.108.183.162   
connect=205.206.237.243   
connect=98.203.26.14   
connect=70.209.196.121   
connect=71.180.246.164   
connect=37.48.65.72
connect=106.186.20.153
listen=1
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August 09, 2014, 02:00:45 AM
 #13123

Holy Shit

+1000000000

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August 09, 2014, 02:02:31 AM
 #13124


[ Z ] ZooomEx0%  trading  FEE                            CRYPTO EXCHANGE 
facebook  |  TELEGRAM  |  ◥ twitter  [  A N N  ◾  B O U N T Y  ◾  WP   ]
████████████████████ (❪ TRADE NOW ❫) ████████████████████
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August 09, 2014, 02:07:47 AM
 #13125


Buy and hold! haha
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August 09, 2014, 02:17:07 AM
 #13126

When staking with new wallet do the wallet holders get extra fee with now PoSa active?
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August 09, 2014, 02:22:54 AM
 #13127

Can we not send using PoSa to ourselves?
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August 09, 2014, 02:24:23 AM
 #13128

Can we not send using PoSa to ourselves?
Think about that for a second.
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August 09, 2014, 02:26:01 AM
 #13129

Can we not send using PoSa to ourselves?
Think about that for a second.

LOL. Smiley
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August 09, 2014, 02:35:22 AM
 #13130

Amazing !

Cheers Guys! Big Step..
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August 09, 2014, 02:46:51 AM
 #13131

Just received my first PoSA transaction... took about 12 minutes..... worth the wait!!!!!

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August 09, 2014, 02:49:32 AM
 #13132

Very cool. Now if Im not mistaken, One ledger speeds this process up?

[ Z ] ZooomEx0%  trading  FEE                            CRYPTO EXCHANGE 
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August 09, 2014, 02:49:48 AM
 #13133

Just received my first PoSA transaction... took about 12 minutes..... worth the wait!!!!!



Think its time to put the foot down now on Mintpal - Price is too damn cheap for actual working bulletproof PoSA. It's no longer a rumour or a promise - its a verifiable fact =D

22 BTC until 200,000 - Once that is hit watch as 50-100 BTC buy walls pop up at 199,000 and 200,000 to push us up to 300,000. Great time to hold Cloak and/or make more Cloak.
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August 09, 2014, 02:50:26 AM
 #13134

yeah, Cloak has really tits, now I believe too

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August 09, 2014, 02:54:35 AM
 #13135

you sell me 1000 cloak for 1.2 btc, loosers!!! Grin Grin
   
thanks again
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August 09, 2014, 02:54:53 AM
 #13136

Just received my first PoSA transaction... took about 12 minutes..... worth the wait!!!!!


SICK! This sure makes up for the depressing last couple days. ha

SLG: SPWZuB9HsZVQNiHCbLQyw32EdRdVtt87We
pookielax31
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August 09, 2014, 03:00:02 AM
 #13137

Just received my first PoSA transaction... took about 12 minutes..... worth the wait!!!!!


SICK! This sure makes up for the depressing last couple days. ha


CLOAK Trade working again as well...will we still be able to add Mintpal when its API 2.0 is finished?
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August 09, 2014, 03:33:33 AM
 #13138

I dont know how to edit... or add a conf file... im on mac can some 1 please help... new from this community.. I just came from XC
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August 09, 2014, 03:35:11 AM
 #13139

Just received my first PoSA transaction... took about 12 minutes..... worth the wait!!!!!


SICK! This sure makes up for the depressing last couple days. ha


CLOAK Trade working again as well...will we still be able to add Mintpal when its API 2.0 is finished?

If you can show me proof (screenshot) I will likely buy some and a boat load.
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August 09, 2014, 03:36:24 AM
 #13140

Just received my first PoSA transaction... took about 12 minutes..... worth the wait!!!!!



pookie.. let's not..

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