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Author Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency  (Read 810676 times)
liquidflames
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December 12, 2017, 02:17:42 AM
 #9541

Well there you have it people talking about delays. The team said Q4 and you all started bashing them becuase it's Dec 11th/12th and it wasn't announced. NOW ITS ANNOUNCED. They set a date and delivered. Great job team!
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1708790151
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cryptoba
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December 12, 2017, 11:27:25 AM
 #9542

Hi,

How long does it take usualy to get the wallet to sync? Any fresh node list?
yogibaer
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December 12, 2017, 11:32:35 AM
 #9543

Hi,

How long does it take usualy to get the wallet to sync? Any fresh node list?

Did you do the automated blockchain download at the first start? It can can take a few minutes to 1 h after the blockchaindownload.

If you need help join our chat at https://chat.cloakcoin.com

We can help there quickly!
cryptoba
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December 12, 2017, 11:43:11 AM
Last edit: December 12, 2017, 11:55:30 AM by cryptoba
 #9544

Thanks Yogibaer  Smiley

Downloaded the win wallet, followed the instructions, everything opened fine.
I do not know if I did the automated process.
I let it open for one hour, only opened it since 10 min!
cryptoba
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December 12, 2017, 11:53:56 AM
 #9545

I will be staking...
If I stake lets say 100 Cloak on 2 seperate wallets, would I get more rewards If I staked 200 Cloak on one?
yogibaer
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December 12, 2017, 11:58:11 AM
 #9546

I will be staking...
If I stake lets say 100 Cloak on 2 seperate wallets, would I get more rewards If I staked 200 Cloak on one?

it is better to stake 200 coin on one wallet. You only get max 6% reward per year there is no chance to trick the wallet by splitting or using the same wallet on different machines.

With 200 CLOAK you can expect an avg stake reward of 1 CLOAK / month (equals 6% / year, simple maths)
bribed
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December 12, 2017, 01:57:53 PM
 #9547

Great to hear that the code audit is underway. I hope that everything goes smoothly and that the source code will then be ready to be released.

Is there an estimate of time the audit will need to be done? In other words, is there a possibility that the source code will be released still within this year?
TSVHoff
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December 12, 2017, 03:08:32 PM
 #9548

Great to hear that the code audit is underway. I hope that everything goes smoothly and that the source code will then be ready to be released.

Is there an estimate of time the audit will need to be done? In other words, is there a possibility that the source code will be released still within this year?

3-5 weeks
PetATL
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December 12, 2017, 03:35:44 PM
 #9549

Vote for Cloak

Which privacycoin do you think will get big in 2018?

https://twitter.com/BruceR37466210/status/940268619606515715

Duderino123
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December 12, 2017, 06:27:05 PM
 #9550

Could be even faster. Some people say 10 days.

Great to hear that the code audit is underway. I hope that everything goes smoothly and that the source code will then be ready to be released.

Is there an estimate of time the audit will need to be done? In other words, is there a possibility that the source code will be released still within this year?

3-5 weeks

Stay Cloakstrong!
bribed
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December 12, 2017, 06:29:28 PM
 #9551

Could be even faster. Some people say 10 days.

Great to hear that the code audit is underway. I hope that everything goes smoothly and that the source code will then be ready to be released.

Is there an estimate of time the audit will need to be done? In other words, is there a possibility that the source code will be released still within this year?

3-5 weeks

Thanks for the answers.

10 Days would be awesome! But even if its five weeks, making the code open source will be done in perfect time for the altcoin bull market to start! I think it is a great strategic move from Cloak to do this now. Best timing imho.
turtledovestorm
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December 13, 2017, 01:29:11 AM
 #9552

On which exchanges will tokens trade?
newspaperchowder
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December 13, 2017, 05:41:33 AM
 #9553

Great idea. Excellent team! Btw how is my income calculated? (provide an example here as well)
yogibaer
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December 13, 2017, 06:46:32 AM
 #9554

On which exchanges will tokens trade?

We are not a token! We are a Coin-Project since 2014!

www.bittrex.com www.livecoin.net www.cryptopia.co.nz have the best volume.
yogibaer
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December 13, 2017, 06:49:29 AM
 #9555

Great idea. Excellent team! Btw how is my income calculated? (provide an example here as well)

As easy as calculating interests in the bank savings account!

1000 Cloak => 6% of 1000 / year = 60 CLOAK /year equals 5 CLOAK / Month equals 1.25 CLOAK / week

plus you can earn a share of the ENIGMA fees when your node hellps cloaking a TX which is a part or the 1.8% fee the sender has to pay.
hunnykaushal
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December 13, 2017, 09:32:38 AM
 #9556

Wow. I love this news

"We are proud to inform our community
that we sent the source code to the auditor Cognosec Limited.

We are waiting now for more details about the audit procedure."
R-J-F
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December 13, 2017, 06:00:03 PM
 #9557

Wow. I love this news

"We are proud to inform our community
that we sent the source code to the auditor Cognosec Limited.

We are waiting now for more details about the audit procedure."


Don't we all! You could call it "FUD Repellent"  Grin

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
ainsleyfran
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December 13, 2017, 06:32:17 PM
 #9558

Don't you think that making cryptos even more untraceable will attract to many illegal goods traders?
yogibaer
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December 13, 2017, 06:37:15 PM
 #9559

Don't you think that making cryptos even more untraceable will attract to many illegal goods traders?

"illegal" products are bought with cash as they mght be bought we cryptos. Is cash illegal? What is "illegal"? it's defintion question.
FineCloakWeather
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December 14, 2017, 05:15:12 AM
 #9560

Don't you think that making cryptos even more untraceable will attract to many illegal goods traders?


Likely. A huge user-base for Monero has been Mexican Drug Cartels.
Cloakcoin>Monero IMO.

Anonymity is power, which like all forms can be used for good or bad.

I'm not concerned about the latest methods drug smugglers are using to hide their money.
I am concerned about multi-national financial corporations controlling and corrupting political establishments and altering monetary control policies in their favor to exploit the 99%.

Depends what you feel is more likely to impact your life I guess...
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