[ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA

[synechist]

Hi people

Full disclosure: I do PR for XC and don't own Cloak.

However I'm not here to argue, or to tell you that XC is better than Cloak. We all know what an ill-advised idea that would be.


But I'm interested in PoSA. It's a new approach in crypto - which is rare and a signal that you're competent - and I'd like to understand it.

Is anyone online able to explain it to me (and not refer me to the white paper)? In particular, the part about mining an anonymising stake is confusing to me since normal mining faces the risk of orphaned blocks.

If an anonymising stake is mined and then orphaned, how do you prevent the transaction from getting lost?

Alternatively if you wait for the block to mature, how do you maintain fast transaction times?

Finally, if you have to send a whole lot of dust around, how do you avoid bloating the blockchain?


As you've probably guessed, this stuff is new to me. If PoSA works then no doubt you guys have done something very cool. I'd love to give you a chance to show me, and I have no intention of keeping a closed mind about it.



Thanks


Synechist

[CryptoGretzky]

Who gives a flying F I don't give a rats ass what his previously posted. Stop clogging up this forum with your BS

Oh hi... guess why we are telling you this... because your Cloak trolls are posting in the XC thread...   namely.. Pookie...

[papagravel]

He doesn't represent the community. We tell people to stop doing that. No reason for coins to bash other coins.

[synechist]

He doesn't represent the community. We tell people to stop doing that. No reason for coins to bash other coins.

I couldn't agree more.

My number one hope is to engage in respectful, mutually enlightening conversation across projects.

As you may know, we made our Rev 1 mixer tech open source yesterday. I hope this can serve as a gesture of goodwill toward projects other than XC.

So yes, down with FUD and offensive behaviour; up with mutual respect.

[DaveyJones]

Hi people

Full disclosure: I do PR for XC and don't own Cloak.

However I'm not here to argue, or to tell you that XC is better than Cloak. We all know what an ill-advised idea that would be.


But I'm interested in PoSA. It's a new approach in crypto - which is rare and a signal that you're competent - and I'd like to understand it.

Is anyone online able to explain it to me (and not refer me to the white paper)? In particular, the part about mining an anonymising stake is confusing to me since normal mining faces the risk of orphaned blocks.

If an anonymising stake is mined and then orphaned, how do you prevent the transaction from getting lost?

Alternatively if you wait for the block to mature, how do you maintain fast transaction times?

Finally, if you have to send a whole lot of dust around, how do you avoid bloating the blockchain?


As you've probably guessed, this stuff is new to me. If PoSA works then no doubt you guys have done something very cool. I'd love to give you a chance to show me, and I have no intention of keeping a closed mind about it.



Thanks


Synechist

I think atm it would be better to ask that question in the IRC, where you can catch the devs faster to reply to you.

[blg425]

He doesn't represent the community. We tell people to stop doing that. No reason for coins to bash other coins.

I couldn't agree more.

My number one hope is to engage in respectful, mutually enlightening conversation across projects.

As you may know, we made our Rev 1 mixer tech open source yesterday. I hope this can serve as a gesture of goodwill toward projects other than XC.

So yes, down with FUD and offensive behaviour; up with mutual respect.

lol, n00b question here. What is "FUD"? I see everyone using it. Does it mean like non-sense or something?

[synechist]

He doesn't represent the community. We tell people to stop doing that. No reason for coins to bash other coins.

I couldn't agree more.

My number one hope is to engage in respectful, mutually enlightening conversation across projects.

As you may know, we made our Rev 1 mixer tech open source yesterday. I hope this can serve as a gesture of goodwill toward projects other than XC.

So yes, down with FUD and offensive behaviour; up with mutual respect.

lol, n00b question here. What is "FUD"? I see everyone using it. Does it mean like non-sense or something?

FUD stands for "fear, uncertainty and doubt".

[synechist]

Hi people

Full disclosure: I do PR for XC and don't own Cloak.

However I'm not here to argue, or to tell you that XC is better than Cloak. We all know what an ill-advised idea that would be.


But I'm interested in PoSA. It's a new approach in crypto - which is rare and a signal that you're competent - and I'd like to understand it.

Is anyone online able to explain it to me (and not refer me to the white paper)? In particular, the part about mining an anonymising stake is confusing to me since normal mining faces the risk of orphaned blocks.

If an anonymising stake is mined and then orphaned, how do you prevent the transaction from getting lost?

Alternatively if you wait for the block to mature, how do you maintain fast transaction times?

Finally, if you have to send a whole lot of dust around, how do you avoid bloating the blockchain?


As you've probably guessed, this stuff is new to me. If PoSA works then no doubt you guys have done something very cool. I'd love to give you a chance to show me, and I have no intention of keeping a closed mind about it.



Thanks


Synechist

I think atm it would be better to ask that question in the IRC, where you can catch the devs faster to reply to you.

Thanks, I'll try that too.

[papagravel]

Amen brother

[smokim87]

Hi people

Full disclosure: I do PR for XC and don't own Cloak.

However I'm not here to argue, or to tell you that XC is better than Cloak. We all know what an ill-advised idea that would be.


But I'm interested in PoSA. It's a new approach in crypto - which is rare and a signal that you're competent - and I'd like to understand it.

Is anyone online able to explain it to me (and not refer me to the white paper)? In particular, the part about mining an anonymising stake is confusing to me since normal mining faces the risk of orphaned blocks.

If an anonymising stake is mined and then orphaned, how do you prevent the transaction from getting lost?

Alternatively if you wait for the block to mature, how do you maintain fast transaction times?

Finally, if you have to send a whole lot of dust around, how do you avoid bloating the blockchain?


As you've probably guessed, this stuff is new to me. If PoSA works then no doubt you guys have done something very cool. I'd love to give you a chance to show me, and I have no intention of keeping a closed mind about it.



Thanks


Synechist

I think atm it would be better to ask that question in the IRC, where you can catch the devs faster to reply to you.

Thanks, I'll try that too.

Linked your post and asked if one the devs/testers that know the ins and outs of PoSA to help with your questions. Their currently busy with testing but will post once they are free.

[smokim87]

fake announcement!!!!!!!!!!!!!!!!

Try not to quote it, it will fade away in the posts. Hit the ignore button that retard.

EVERYONE hit the IGNORE BUTTON on "ThedEgger"

[Doublethink]

I really hope that the cloak-code will be opensource in the future.

[synechist]

Hi people

Full disclosure: I do PR for XC and don't own Cloak.

However I'm not here to argue, or to tell you that XC is better than Cloak. We all know what an ill-advised idea that would be.


But I'm interested in PoSA. It's a new approach in crypto - which is rare and a signal that you're competent - and I'd like to understand it.

Is anyone online able to explain it to me (and not refer me to the white paper)? In particular, the part about mining an anonymising stake is confusing to me since normal mining faces the risk of orphaned blocks.

If an anonymising stake is mined and then orphaned, how do you prevent the transaction from getting lost?

Alternatively if you wait for the block to mature, how do you maintain fast transaction times?

Finally, if you have to send a whole lot of dust around, how do you avoid bloating the blockchain?


As you've probably guessed, this stuff is new to me. If PoSA works then no doubt you guys have done something very cool. I'd love to give you a chance to show me, and I have no intention of keeping a closed mind about it.



Thanks


Synechist

I think atm it would be better to ask that question in the IRC, where you can catch the devs faster to reply to you.

Thanks, I'll try that too.

Linked your post and asked if one the devs/testers that know the ins and outs of PoSA to help with your questions. Their currently busy with testing but will post once they are free.

Thanks :-)

[Doublethink]

Last check 27 june, till 22 juli:

27th june:
/r/drkcoin : 2347 members
/r/nxt : 799 members
/r/worldcoinalliance : 142 members
/r/peercoin : 3343 members
/r/potcoin : 1717 members
/r/megacoin : 427 members
/r/cloak : 38 members

22th july:
/r/drkcoin : 2455 members (4.6% increase)
/r/nxt : 870 members (8.8% increasement)
/r/worldcoinalliance : 142 members (0% increase)
/r/peercoin : 3359 members (0.47% increase)
/r/potcoin : 1724 members (0.4% increase)
/r/megacoin : 429 members (0.46% increase)
/r/cloak : 218 members (21.1% increase)

/r/XCofficialreddit (didnt check last time)
/r/dogecoin : 87697 shibes (didnt check last time)
/r/bitcoin : 130052 members (didnt check last time)
/r/blackcoin : 3258 members (didnt check last time)
/r/vertcoin : 5277 members (didnt check last time)
/r/cinni : 131 members (didnt check last time)



So, 473.6842105263158% growth in reddit is nice, but i expected more.

Please join www.reddit.com/r/cloak

(EDIT: corrected percentage growth cloak coin)

[Cloak1]

I really hope that the cloak-code will be opensource in the future.

http://www.youtube.com/watch?v=vP-tcesOVoo

[eric.thompson]

27th june: /r/cloak : 38 members
22th july: /r/cloak : 218 members

Actually 473.684% increase

[bangomatic]

Which anon coin will succeed? Vote here: https://bitcointalk.org/index.php?topic=568166.0

[Doublethink]

actually...lol, its 473.6842105263158% improvement.

I forgot how to math, thanks eric.thompson

[mpmsvv]

Hi people!! You will release the PoSa or all of this is just speculation? It seems you are talking to much about poSa but the reality is that you have nothing working and nothing to show. Just hype and speculation. Maybe this is another SCAM and P&D coin. Who knows!!

[Cloak1]

Which anon coin will succeed? Vote here: https://bitcointalk.org/index.php?topic=568166.0

 With all respect http://www.youtube.com/watch?v=zTDeEJyCmNA