[ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency

[cloakteam]

Dear Cloak Community,

We're happy to announce that you can now buy all items from Amazon, eBay, and Walmart with CloakCoin.

Visit: https://Shopping.io

Powered by Coinpayments



Team Cloak

[1618872690]

1618872690

[1618872690]

1618872690

[1618872690]

1618872690

[Ferdo]

So with no livecoin and bittrex delisting privacy coins (please don't say we are currently negotiating) what is the next move?

No CEXes because there is no development and no money. No DEXes because there is no development and Cloak is stuck on the old code

In other words, cloak is going to go....... nowhere!

Not necesserily. It can still go down

[nier00]

Where can i get a v1 version of cloakCoin wallet.

I am trying to get back my cloak, but i am getting "wallet is corrupted" message with the v2 wallet.

Thanks

[cloakteam]

Dear Cloak Community,

It has been a while since our last update and we have been very busy with planning the new strategy for CloakCoin to be competitive on the market. This year has possibly been the strangest year in our lifetime, due to COVID-19. But we are very optimistic that 2021 is going to be a much better year and we are happy to make CloakCoin one of the most advanced cryptocurrencies on the privacy market.


DEVELOPMENT

As we already announced in previous development updates the codebase upgrade has been already started. Now, we are happy to inform you that the code base upgrade to v0.17.0.1 is now fully funded thanks to the core team and long-term Cloak supporters. Our developer has already resumed the task and we estimate this to be finalized in 8-10 weeks from now on.

The original CloakCoin codebase is based on an outdated version of Bitcoin and it will require portions of code to be refactored and rewritten to bring a lot more stability, security, and testing. We strive to be fully transparent about the progress and publish a report every second week.

What sort of possibilities are there with the new Codebase upgrade?

- Atomic swaps
- Integration on decentralized exchanges
- Integration on multi wallets
- Governance system
- More stability and performance

We are also looking into the Defi markets and planning how we could get CloakCoin integrated and benefit most from it. Among other things, we have also thought about offering ENIGMA on the Ethereum chain. Unfortunately, this is not an easy task and almost impossible to implement. This also applies to other blockchains. ENIGMA only works with the best-operating conditions on our CloakCoin blockchain. Atomic Swaps is the solution to connect CloakCoin to other chains.

EXCHANGES

Unfortunately, the Livecoin hack also affected CloakCoin's liquidity. We always recommend to hold your coins on our desktop wallet. We are carefully selecting to be listed on legit exchanges with long term potential. Since our current focus is now on development, we focus more on decentralized exchanges and see this as the future for privacy.

The recent weeks showed an attack on privacy in the delisting waves of centralized exchanges. Privacy will be an issue on centralized exchanges. We strongly believe that decentralized exchanges, atomic swaps, and steady development are the keys to survival. In the short term, we propose to get listed on another potential centralized exchange and focus on the upgrade of the codebase.


MARKETING

We started to work with a big advertising agency and will spread the message of CloakCoin via email marketing to potential crypto investors. We also partnered with Blockidex a crypto community platform to get also more exposure. We approached influencers and got their inquiries which we will accept as soon as possible. We will also focus on new vendors to increase the adoption and offer Giveaways to attract new investors to our social media channels.

We thank you all for sticking with us together. If we all put our hands together, we can get everything done!

We will keep you up to date!

We are CloakStrong!



Team Cloak

[Ferdo]

Lol, the team predicts that dexes are the future. No shit sherlock. We've known and suggested that 3 years ago and we urged to get the codebase upgrade done. One community member even did a dex proposal. The team nonetheless decided to spend $1m on binance listing instead of development

[SuperBro]

Lol, the team predicts that dexes are the future. No shit sherlock. We've known and suggested that 3 years ago and we urged to get the codebase upgrade done. One community member even did a dex proposal. The team nonetheless decided to spend $1m on binance listing instead of development

Did Binance refund that $1M at least after they delisted?

[Ferdo]

Lol, the team predicts that dexes are the future. No shit sherlock. We've known and suggested that 3 years ago and we urged to get the codebase upgrade done. One community member even did a dex proposal. The team nonetheless decided to spend $1m on binance listing instead of development

Did Binance refund that $1M at least after they delisted?

They do not pay refunds for delistings

[SuperBro]

Lol, the team predicts that dexes are the future. No shit sherlock. We've known and suggested that 3 years ago and we urged to get the codebase upgrade done. One community member even did a dex proposal. The team nonetheless decided to spend $1m on binance listing instead of development

Did Binance refund that $1M at least after they delisted?

They do not pay refunds for delistings

What a waste of 1 million!

[enhu]

Lol, the team predicts that dexes are the future. No shit sherlock. We've known and suggested that 3 years ago and we urged to get the codebase upgrade done. One community member even did a dex proposal. The team nonetheless decided to spend $1m on binance listing instead of development

Did Binance refund that $1M at least after they delisted?

They do not pay refunds for delistings

What a waste of 1 million!

Truly a waste of money and we have not heard of Binance ever refunded after delisting. If it isn't really delisted, this could be one of the coin that already pumped higher than the defi tokens.

Maybe the team can try adding Cloak to the top DEX https://coinmarketcap.com/rankings/exchanges/dex/ like nash exchange, Birake and vitex. There ones where it is now listed are not very known. Maybe one will be willing to buy at yobit but normally that exchange don't update its blockchain that is why we can't withdraw there.

[cloakteam]

Dear Cloak Community,

In this CloakCoin Developer Report, we want to inform you about the current status of our project and the development progress. With detailed updates, we strive to be fully transparent about the progress.

CURRENT STATUS OVERVIEW

There are multiple branches and suggestions about CloakCoin and BitcoinCore. We can finally confirm that we have been starting from 0.17.1 to Bitcoin 0.21.0.

WHY WE CHOOSE 0.21.0 OVER 0.17.1?

Basically, our latest Cloak 0.17.1 rebase was not finished at that time and still needs a lot of effort. Even ENIGMA Engine v1.2 and stealth addresses are not integrated. After an intensive review of the current Cloak Codebase 0.17.1, we noticed that it is more advantageous to update to 0.21.0 to ensure the latest technological status. Among other things, BitcoinCore v0.21.0 offers new features, various bug fixes and more performance. Notable changes such as updates in the P2P network, RPCs, and Wallet. Also, security and performance factors have been updated like in consensus, policy, mining, block, and transaction handling.

Check the latest Bitcoin Core release notes here: https://bitcoincore.org/en/releases/0.21.0

WHAT IS THE PLAN?

Originally, we targeted to rebase from Bitcoin 0.21.0 and add the latest Phoenix update which synced in 0.17.cloak commits to our new 0.21.0 branch to make sure it compiles first.

This is heavy work and required manually validate all commits because a lot of functions and files have already been changed and replace even removed from 0.21.0. Once we finish moving all commits to 0.21.0, we will need to make sure it compiles and syncing the daemon properly. After that, we will need to make sure if it can connect to another new client, and check if it can connect to the other old/current clients, and make sure if it can receive/sync the blocks from them.

There is a new branch on Github and you can check every development activity. Furthermore, Anorak checks and monitors all changes on Github.

Detailed progress (codebase upgrade):

- Base off from Bitcoin core 0.21.0 (success to compile and launch)

- Daemon now syncs up to block 8779 [#=5ca1568f775e46440d52471f1af7dc6dd6a69c965157ded45457182234315c5f]

- Header verification fails due to CheckPoW failing for PoS block headers. This can probably be addressed using checkpoints as the PoW mining period has now ended.

- There is an issue with peers being banned for sending duplicate headers. This may well only manifest when syncing with older [legacy] peers, but should be addressed if possible, to provide for as smooth a launch as possible.

- EvalScript (via VerifyScript) sometimes fails due to the script stack completing evaluation with a [false] return value present on the stack. This also causes peers to be banned and should be resolved.

- Merge Sync/PoS changes

- Resolve secp256k1_ecdsa_verify issue with TX validation

Github:

https://github.com/CloakProject/codename-phoenix/pull/50
https://github.com/CloakProject/codename-phoenix/pull/49
https://github.com/CloakProject/codename-phoenix/pull/48

SUMMARY AND OUTLOOK

Basically, we have succeeded to migrate around 2/9 of PRs from the latest 0.17.cloak and hoping to finalize all migration in the next few weeks. There aren´t any technical barriers. It´s just taking time due to some functions and files replaced, changed or updated in the new Bitcoin Core. Furthermore, time is needed to investigate and test all functions manually.

Thank you

[cloakteam]

Dear Cloak Community,

In this CloakCoin Developer Report, we want to inform you about the current status of our project and the development progress. With detailed updates, we strive to be fully transparent about the progress.

Detailed progress (Bitcoin Core v0.21.0 Codebase Upgrade):

Check prefix and update: c70bfc3

Change COIN&CENT values to match bitcoin, adjust coindayweight calculation: abbfc4d

Fix regtest working: 6a46c7e

Add proper genesis & merkle root hash for regtest: c90bda4

Remove warnings for compile: 77d59a7

Getcoinstake improve: 8809b9b

Refactor and update configuration: 59e4087

Code refactor and build run: 810ba16

Compile without errors: 20a1192

Update testnet port to match current client: 4649e50

Move GetCoinAge code to PoS.cpp: edb5abc

Fixes and refactoring: 128b020

Move GetCoinAge methods to pos.cpp to make them context insensitive: 5fd8d57

Remove obsolete KnapsackSolverStaking method: 198c6fb

Tidying: a7eecd8

Fix up CBlock::GetCoinAge: 8e5b78c

Consensus rule for MAX_BLOCK_SERIALIZED_SIZE has also been updated to match the existing Cloak codebase value: c30332f

GetCoinAge (CTransaction) progress: ec29122

Add GitCoinAge placeholders: 8dd78ed

Fix some FeeRate and CreateCoinStake issues: a7e0e0b

More staking changes: 432ef7c

More CreateCoinStake work and fixing up related test compiler issue: 5db243b
 
More CreateCoinStake work: f2c18c0

CreateCoinStake progress: 3483b88

CreateCoinStake progress: 724b1a2

Start fleshing out CreateCoinStake: 5c56822

More staking progress: e380ac9

Squash commit: 25cfe3a

Update some Cloak/BTC references: 71f5454

Add Cloak references: be75d75

Resolve secp256k1_ecdsa_verify issue with TX validation: 8806e08

More proof-of-stake code and minor refactoring: 58b2566

Fix GetStakeModifierChecksum and removed unwanted uint256 arith extensions: ad37d7a

Add crypto/hmac_sha512.h to src/Makefile.am: 937041a

Fix nProofOfWorkLimit and nProofOfStakeLimit consensus values for mainnet: 73daa61

Add more proof-of-stake code and re-add canHandlePoSHeaders logic: 90750ea

Fix some sync issues: 5aa90a6

Stake modifier work: 63bba49

Stake modifier work: c8e1daf

Add X13 crypto sources to makefile: c5c2338

Update chainparams: e762b6d

Update version.h: 1de3eec

Update block, transaction and uint256 (add uint512): 749652f

Add PoS placeholder and params. Update clientversion: 850f5c6

Update PoW check to ignore genesis block: 687bc08

Fix up fees and block extra connections when using connect: 1a00326

Update CBlockIndex for PoS. Fix coinbase maturity in consensus rules: 40b2167

Multi-line: b840689

Add Enigma annoucement message skeleton and Fix up PoW validation: 1a85d7c

SUMMARY AND OUTLOOK

There aren't any technical barriers at the moment.
Anorak is also focused on the codebase and helping with compiling.
Your patience and support are something the Team very much appreciates.
We are moving CloakCoin forward and everything is going well.
We are glad to announce some amazing development steps in the near future and are very excited about where the future is taking us.

Stay along for the ride.

[Ferdo]

Ded?