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Author Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency  (Read 809047 times)
Flex2222
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August 21, 2019, 03:55:42 PM
 #10781

market cap 1 million.
resulting in 20 cent per coin which is ridiculousy low in my eyes.
Big buy opportunity for me.
Just my 3 satoshis
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Duderino123
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August 22, 2019, 06:54:11 AM
 #10782

A really interesting project. However, I've invested in the past several times. And they all screewd me. Now I don't really know if this is a real project or not:(Give us more real-world information about you guys.

Cloak has been around since 2014. What else do you need to prove that it's a "real project"? It's a fully functional coin, not just a white paper...

Stay Cloakstrong!
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August 27, 2019, 01:56:47 PM
 #10783

It looks like Cloak is waking up... Buyers have some interest  Grin
cloakteam
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August 28, 2019, 03:35:50 PM
 #10784





Dear Cloak Community,

The CloakCoin project made tremendous forward progress during the past couple of months!

The core team decided that our Dutch Coordinator — Iwidepiwi — is best suited to move into the role of PR & Marketing Lead. Please join us in celebrating his achievement. You can always reach out to Iwidepiwi on Twitter to offer your congratulations. 

Coordinator Report — August 2019



Peace & Love

Team Cloak

Cloak Blog: http://bit.ly/2Zz0La4



                ,╓▄▄▄▄▄▄▄▄▄╓                
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,        
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖      
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌    
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,  
   ▐███ ▐███ .███           ███  ███▌ ███▌  
   ▐███ ▐███ '███           ███  ███▌ ███▌  
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`  
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████    
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜      
         ╙█████▄▄╓,       ,╓▄▄█████▀        
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin | CloakCoin Private, Secure, Untraceable & Decentralized Digitalcurrency |  Enigma
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R-J-F
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August 30, 2019, 12:06:53 AM
 #10785





Dear Cloak Community,

The CloakCoin project made tremendous forward progress during the past couple of months!

The core team decided that our Dutch Coordinator — Iwidepiwi — is best suited to move into the role of PR & Marketing Lead. Please join us in celebrating his achievement. You can always reach out to Iwidepiwi on Twitter to offer your congratulations. 

Coordinator Report — August 2019



Peace & Love

Team Cloak

Cloak Blog: http://bit.ly/2Zz0La4


Excellent decision!

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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August 30, 2019, 12:11:41 AM
 #10786

What are the differences between Cloak and Monero
tradercouch
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August 30, 2019, 07:29:34 AM
 #10787

Why cloakcoin detail not showing on this url

hxxps://folgory.com/coin-detail
Do_zzze
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I 'm a supporter of BitcoinSV BSV #capacity #build


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September 01, 2019, 06:40:29 AM
 #10788

What are the differences between Cloak and Monero

Info on
Quote

Source from https://www.cloakcoin.com/en/learn/privacycoins_2019
COMPARING CLOAKCOIN TO THE LEADING PRIVACY COINS IN 2019
1st Apr 2019 /  CRYPTO , CLOAKCOIN , PRIVACY , PRIVACYCOINS , MONERO , ZCASH , DASH , FUNGIBILITY


The essence of Bitcoin, upon its conception, was to give back financial power to the masses. Banks and other monetary institutions had control over money leaving the masses at their mercy.

Bitcoin offered freedom from such institutions. However, another need arose that was equally as pressing. The requirement for private transactions.


PRIVACY NEEDS
Most people may think that they have nothing to hide.

However, safety and security concerns arise from the ease through which people can be traced and their habits discovered over the financial transactions they make.

Having never declared privacy, there was a need for privacy coins that would offer the benefits of Bitcoin while ensuring that the transactions undertaken could not be traced; thus- the creation of privacy coins.


PRIVACY COINS
Privacy coins were set up to offer privacy during transactions done via cryptocurrency through innovations that would mask crypto wallet addresses among other specific identifiers.

Private crypto coins such as CloakCoin were among the first to be introduced to the market.

The anonymity promised by these applications and the ready market for these products and services influenced innovators to come up with more privacy coins such as Zcoin, Monero, Zcash, and Dash.

The privacy coin companies were banking on their anonymity appeal to break into the cryptocurrency market. However, the privacy coins offered more than just privacy; fungibility was another advantage users would enjoy once they started transacting through privacy coins.

The following section discusses some of the privacy coins in the market.


CLOAKCOIN
CloakCoin is an all-around privacy coin. Its main engine is Enigma which is an offchain mixing system that ensures privacy is maintained in all transactions.

In as much as privacy is the goal, convenience also has to be factored in. CloakCoin has impressive speeds which are up there with its competitors.

It is ten times faster than Bitcoin, and its transaction speeds also rivals that of some of its competitors, such as Zcash.

Enigma makes all transactions carried out via CloakCoin anonymous and private. CloakCoin is arguably an industry leader when it comes to these two attributes.

CloakCoin is fully anonymous and private. CloakCoin offers a perfect balance between privacy and convenience in the privacy coin space.

CloakCoin ensures that all transactions carried out via the platform are safe.

Users are assured that every transaction they initiate will be successfully executed through the application with no third parties involved thus increasing the privacy of the platform.

Fungibility is a crucial feature in privacy coins.

CloakCoin is fungible; hence the value of the coins transacted remains the same, while transaction history remains private.


MONERO
Monero offers its unique system that ensures privacy and anonymity. Monero has robust systems; Stealth Addresses and Ring Confidential Transactions, for privacy and anonymity.

Stealth address prevents any links among addresses on the Monero Blockchain while ring signatures ensure that outputs are masked such that the original sender of the coins is unable to trace the movements of the sent coins.

Fungibility in Monero is also maintained. With fungibility users in Monero are assured that their coins retain the same value throughout their trading cycle.

Because of the lack of history, the coins are unable to be blacklisted.

Monero is on the front foot in terms of privacy as they are at the time of writing, working on Kovri, an extra layer of privacy and security in their system.

The most notable feature of Kovri is the dissociation of IP addresses from transactions which makes traceability even harder.

It is also important to note that Monero is fully decentralized and is led by volunteers.


ZCASH
Zcash uses the cryptographic privacy method “zk-SNARKs” (zero-knowledge Succinct Non-Interactive Argument of Knowledge).

This method ensures that the data sent can be verified as true without revealing the data. The technique employed is robust.

However, the challenge with Zcash is that privacy is optional; thus users have to opt-in.

Zcash is also slow compared to other privacy coins as the process of creating zero-knowledge proofs takes much time.

In terms of fungibility, it is possible for coins to be traced as Zcash only offers optional privacy.

More information on fungibility and how it applies to privacy coins such as CloakCoin can be found via the official CloakCoin wiki.

Zcash is also not fully decentralized. Zcash has some representatives that may influence the control of the platform.


INCENTIVES
CloakCoin released a native crypto coin wallet that helps in maintaining the privacy and anonymity users require.

CloakCoin’s secure crypto wallet is primarily for storing CloakCoins which can be staked yielding 6% in returns annually.

Rewards are a popular way of getting users to sign up. Zcash, Monero, and other privacy coins have their reward programs to stay as competitive in the privacy coin market.


TO CONCLUDE
Fungibility, decentralization and privacy are the key features through which privacy coins can be judged.

The higher the privacy coins score in these categories, the more likely they are to perform. All these privacy coins have their strengths and weaknesses.

Depending on the requirements of the potential user, any privacy coin may be suitable.

Based on the information provided in this article, cryptocurrency users are encouraged to make informed decisions about privacy coins and how they satisfy their individual requirements.



BTC is not same of original source code set in stone only by Satoshi Nakamoto check here https://github.com/bitcoin and compare with https://github.com/bitcoin-sv You will see the facts, what became technically BTC modified because implemented by Core and named Bitcoin is very far from the original. You will notice that the BSV code is in conformity with Satoshi Nakamoto's masterpiece thanks to nChain which cleaned the code of the successive incrementations (SegWit and others) that Core had imposed by voice of community BIP against what Satoshi has created. I'm convinced that BitcoinSV (BSV) original XBT is the best technological opportunity of capacity for use and stable build on original Bitcoin protocol.
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September 01, 2019, 07:01:35 AM
 #10789

Why cloakcoin detail not showing on this url

hxxps://folgory.com/coin-detail

CloakCoin is an intractable crypto currency based on proof of stake that pays a lot of attention to privacy and is confidential and can be anonymous via Enigma function but remains auditable. Its steaking offers interests of 6% per year on the parts put into play (no MN masternode) to do this you must leave your Cloak parts in your wallet (https://www.cloakcoin.com/en/wallets) - create a password in your wallet and choose the option in parameter "unlock for staking only" this allows to activate the staking function, it is even possible to activate or not Enigma or even by assigning a percentage allocated [...].

Concerning the development the teams are gradually progressing and is still active they have even set up a blog to communicate regularly it is on https://www.cloakcoin.com/en/blog or this Bitcointalk place...

The devs and their partnership with Chainsulting will make it possible to set up new features including BYOB EXCHANGE FUNCTION: THE FIRST TRUE PRIVATE AND DECENTRALIZED EXCHANGE.

It also seems that several updates are coming and a new Cognosec's audit is planned for this year!

Now it remains to be seen what anonymous "liquidity" will be available via BYOB, No KYC, USD/ EUR / KWR ? Updates ? ... at what rate and also technically what system resources will be committed..... to avoid latencies and all the alleys of such a very appreciable objective?

I don't know if the devs have planned any other new additional features. Personnaly i think "The technology is thoroughly explained that means that CloakCoin is prepared to become one of the true innovators in the crypto world" is real.

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September 01, 2019, 07:29:08 AM
Last edit: September 01, 2019, 08:14:26 AM by -.xXx.-
 #10790

I read your Cloak Blog link and seems very interesting Byob/CloakX would be an anonymous broker service after all.

I wonder how Cloak will "allow me to legally position myself with SEC and other financial and regulatory bodies around the world" or to declare to the tax authorities because ultimately "each purchase involves calculating the capital gain or loss".

If Cloak and its Byob/CloakX succeed in establishing itself throughout the world and being adopted globally then Cloak can be an extremely effective breakthrough technology. To do this, it will require multi-lingual communication and push to personalize the communication on each Cloak shareholder. Cloak is pronounced how in the land of the rising sun? I wonder "GOG" Wink

Hypothesis: The logical continuation of such a deployment as Byob would be a withdrawal card or via app like the one of Coinbase / Wirex convenient to recruit new customers and attract them to a feature to pay for coffee in crypto. Charges of 0.001 would be an ultra aggressive offer, a big fuck to the banks, at the sight of billions of possible transactions would be a rocket space to other universes in the sciences of complexity both from the fundamental theoretical point of view and from the point of view of their applications to economics and foresight.

It's all about mass adoption, for it to be adopted it has to work without any latency or hiccups, for that it needs innovative features. Cloak seems to be positioning himself there.


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September 04, 2019, 10:16:27 PM
 #10791




The monthly dev update series will inform users about the progress of the development from CloakCoin

Another month has passed by and our focus for the last 30 days was with our devs at Chainsulting on the new wallet upgrade to electonJS. The other part of Cloak dev team focused on the upcoming codebase upgrade and its preparation. We also did more research on BYOB and especially the escrow and deposit guarantee functions. You will see in the upcoming dev reports more detailed descriptions about BYOB functions and we are keen to make the development progress public, as soon as we can. In the last month we also had phone calls to our office (Chainsulting), from our crowd about development updates.

Regards to that I just want to share with you, that we can only talk about public stuff which is on Github or shared via the blog article, but you are free to call us for some small talk. Seriously which other developers in crypto projects are you able to call by phone (smile). We want to show you transparency and privacy can work nicely together, and we are still a community running project, which works only with your commitments (funding, ideas, comments etc.).


MILESTONE UPDATES

WALLET UPGRADE

Let me share with you some facts and updates from the wallet upgrade. So far 2 authors have pushed 37 commits to master. On master, 425 files have changed and there have been 38,526 additions and 3 deletions. We finished the front end and also some rpc calls. The dashboard is already working and right now we need to make some changes. We will definitely finish the wallet in Q3 and then able to focus completely on the BYOB development.

Github activity August 2019



Follow our repository on Github and stay up to date: CloakProject

CODEBASE UPGRADE (CODENAME PHOENIX)

The Cloak core-developer rzr (r3rcloak) is working on the codebase update and especially is doing a lot of R&D (Research and Development). Right now it looks like a merge to bitcoin codebase 0.17 and some fractions of PoS coins, which had already done some work for us ;-). We don’t need to reinvent the wheel, will save a lot of time, which we need for our DEX. Still a lot of work in front of us but possible to solve.

Small sneak peek of the new frontend (made by @cdittmann )



CONCLUSION

The last 30 days been more a push code and hacking the keyboard until the fingers are bloody, instead of releasing something new. But we will soon be back in September with some new cool Cloak releases, to get closer to our main goal, as most used privacy tool for digital transactions. Stay tuned and follow us on Github or feel free to reach out via dev@cloakcoin.com

Peace & Love




                ,╓▄▄▄▄▄▄▄▄▄╓                
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,        
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖      
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌    
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,  
   ▐███ ▐███ .███           ███  ███▌ ███▌  
   ▐███ ▐███ '███           ███  ███▌ ███▌  
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`  
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████    
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜      
         ╙█████▄▄╓,       ,╓▄▄█████▀        
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin | CloakCoin Private, Secure, Untraceable & Decentralized Digitalcurrency |  Enigma
Telegram | Bitcointalk | Twitter |   Facebook |  Steemit |  Reddit |  CloakTV |  Instagram
CookyCook72
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September 04, 2019, 10:50:04 PM
 #10792

I hope the new wallet will consume less resources. The current one pumps 1300MB of RAM memory and from 400mHz to 700mHz of peak processor. At least the screenshot looks a lot like Denarius wallet.

The global mass adoption of all is the key, is simply.
R-J-F
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September 07, 2019, 08:21:21 PM
 #10793

Will the QT wallet still be usable or is this being replaced?

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
CookyCook72
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September 09, 2019, 11:39:54 AM
 #10794

Will the QT wallet still be usable or is this being replaced?

A "wallet" is an "access point like a gateway to the blockchain".

From what I've read, the old wallet will still be usable unless "the whole protocol changes" and the new wallet seems to have several new features. Only the developers could answer you.

Looking at the Github it appears that all versions including the one for MAC, LINUX and PC as well as Android, iOS Mobile, Raspberry PI version will be prepared for the new released versions.

https://wiki.cloakcoin.com/index.php/Main_Page will probably be updated as well as the new roadmap and can be a white paper before the upcoming Cognosec security audit.


https://www.cloakcoin.com/en/getcloak List and new Partners may also be updated.

Anyway, this piece could be better known because their solutions work like the fire of God!

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September 09, 2019, 11:50:57 AM
 #10795

Thank you for these updates of information. Cloak is great, I like using it. It's very fast and confidential so I like it. But, do you ever think of Renaming "Cloak" for an easy + international name for pronunciations and handwriting (Asia - Latin - Russian...) with a shorter ticker same of "XA" or "XIP"..... would be easier to be known and adopted en masse everywhere in the world?

BTC is not same of original source code set in stone only by Satoshi Nakamoto check here https://github.com/bitcoin and compare with https://github.com/bitcoin-sv You will see the facts, what became technically BTC modified because implemented by Core and named Bitcoin is very far from the original. You will notice that the BSV code is in conformity with Satoshi Nakamoto's masterpiece thanks to nChain which cleaned the code of the successive incrementations (SegWit and others) that Core had imposed by voice of community BIP against what Satoshi has created. I'm convinced that BitcoinSV (BSV) original XBT is the best technological opportunity of capacity for use and stable build on original Bitcoin protocol.
Yaka_MoZ
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September 09, 2019, 12:13:00 PM
 #10796

Thank you for these updates of information. Cloak is great, I like using it. It's very fast and confidential so I like it. But, do you ever think of Renaming "Cloak" for an easy + international name for pronunciations and handwriting (Asia - Latin - Russian...) with a shorter ticker same of "XA" or "XIP"..... would be easier to be known and adopted en masse everywhere in the world?
it's a great idea, I hope it will be heard and understood
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September 09, 2019, 05:01:34 PM
 #10797

Thank you for these updates of information. Cloak is great, I like using it. It's very fast and confidential so I like it. But, do you ever think of Renaming "Cloak" for an easy + international name for pronunciations and handwriting (Asia - Latin - Russian...) with a shorter ticker same of "XA" or "XIP"..... would be easier to be known and adopted en masse everywhere in the world?
it's a great idea, I hope it will be heard and understood

Indeed, this remark is totally justified, let us hope that their communication service will take it into account Smiley
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September 11, 2019, 10:59:40 AM
 #10798

Dash and monero also anonymous crypto currency but still trading on bittrex and binance why? And still we get right reason of delisting cloakcoin from binance and bittrex?? Any future chance of list again?Huh
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September 11, 2019, 04:58:27 PM
 #10799






Dear Cloak Community,

We're entering the next round!

The third round of the CloakCoin ENIGMA Competition is unhacked!

We extend for another 42 days 🔥

10,000 $CLOAK - #Giveaway

🔐 http://bit.ly/2J9UF8w



Peace & Love



                ,╓▄▄▄▄▄▄▄▄▄╓                
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,        
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖      
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌    
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,  
   ▐███ ▐███ .███           ███  ███▌ ███▌  
   ▐███ ▐███ '███           ███  ███▌ ███▌  
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`  
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████    
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜      
         ╙█████▄▄╓,       ,╓▄▄█████▀        
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin | CloakCoin Private, Secure, Untraceable & Decentralized Digitalcurrency |  Enigma
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September 14, 2019, 07:49:29 PM
 #10800

It looks like Cloak is waking up... Buyers have some interest  Grin
So, we have very low trade volume of altcoins at present month.
From the other side, STEX and Live give us some opportunity to trade Cloak.
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