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

[hunnykaushal]

Hello,

So the result of auditing is on 19 January i guess ?

is there any one who can updat eon this whats going on.

Thank you

[1713897931]

1713897931

[1713897931]

1713897931

[1713897931]

1713897931

[1713897931]

1713897931

[matoxxx86]

Hi,

I have a problem.
I've send from wallet yesterday 0.1 CLOAK as a test to Cryptopia and it arrived.

As a next transfer I've send the rest of my balance from wallet, around 6,39 CLOAK and it not arrived.
Here is the transaction:
https://chainz.cryptoid.info/cloak/address.dws?C6Js82UDr68pfkpdQpXhXA8rGBYfqtBnW6.htm

It shows "Not yet redeemed" in that transaction and also lower value sent (5.642933 vs 5.642933).

When I lanuch the wallet I got the error that private keys are ok but there might be some incorrect balances due to something with wallet.dat..Wallet launches and it shows 0 with this transaction send to address "N/A"...How to fix it? What went wrong?

thank You for help.

it's around 16h since it happened.

[yogibaer]

Hi,

I have a problem.
I've send from wallet yesterday 0.1 CLOAK as a test to Cryptopia and it arrived.

As a next transfer I've send the rest of my balance from wallet, around 6,39 CLOAK and it not arrived.
Here is the transaction:
https://chainz.cryptoid.info/cloak/address.dws?C6Js82UDr68pfkpdQpXhXA8rGBYfqtBnW6.htm

It shows "Not yet redeemed" in that transaction and also lower value sent (5.642933 vs 5.642933).

When I lanuch the wallet I got the error that private keys are ok but there might be some incorrect balances due to something with wallet.dat..Wallet launches and it shows 0 with this transaction send to address "N/A"...How to fix it? What went wrong?

thank You for help.

it's around 16h since it happened.

When you sent coins to cryptopia ad they did not add your coins to your balance you have to contact cryptopia support!

[Nathan047]

Hello,
So the result of auditing is on 19 January i guess ?
is there any one who can updat eon this whats going on. Thank you

We'll probably be informed tomorrow, the 19th.

[R-J-F]

i think now good idea is to sell cloakcoin and buy litecoin

You do that cuteflower and let us know how it turns out...

[cloakteam]

Dear Cloak Community,

We would like to keep you updated about Cognosec's audit report which finally has been delivered today.
First of all we're proud to say that we worked very closely with Cognosec.
The professional audit was a very good decision and it clearly shows Cloak as a real crypto currency and should be recognized as such from the Bitcoin community.

The audit has been beneficial to Cloak goals.
Their analysis comes to the conclusion that Cloak’s “basic mechanisms are quite robust from an application security perspective, but the implementation of Enigma should be reviewed and improved.”
This is precisely what we hoped for from the audit. Stepping through the issues found in the audit, 40% have already been corrected and implemented.

What comes next?

We will update the public Github with all information and code fixes during this weekend.
We will also provide the audit report with a full statement from our developers on monday.
Then we're ready to start the preparation of our live wallet release coming in the near future.



Peace and Love

Team Cloak

[lab rat hoax]

TA-DAAAAAA   !!!!!



https://media.giphy.com/media/5AwCRIooyByLu/giphy.gif

[Duderino123]

Good job!

[Ferdo]

Awesome news

[lab rat hoax]

CLIF HIGH mentioned CLOAK again today......................very cool

https://twitter.com/cloakcoin_promo/status/954538933404209153

[yogibaer]

CLIF HIGH mentioned CLOAK again today......................very cool

https://twitter.com/cloakcoin_promo/status/954538933404209153

AWESOME news !!!!

[RamesesLabs]

I think every good project in the data science field, especially involving payments should present itself for peer review. I think this is just the beginning of a good project turning into a great project. I'm personally pleased with the honesty regarding some of the flaws, however, I think in comparison to a lot of the other products out there, the CloakCoin team is doing a good job. A lot of the popular blockchains on the big exchanges don't even have working products. I say good job team, keep up the good work!

[lab rat hoax]

https://twitter.com/breaking_crypto/status/954912992625295362

[tradercouch]

1,200 BTC VOLUME... NICE VOLUME CLOAK CAN FLY ANYTIME CROSS TO 0.0055

[Cymatoxa]

1,200 BTC VOLUME... NICE VOLUME CLOAK CAN FLY ANYTIME CROSS TO 0.0055

Yes, the amount of 1.500 is nice, but does not always keep it. Since bitcoin can now go below.

[l33tn00b]

Upbit to the rescue. It's nice to see some solid accumulation on the Korean front.

tradercouch, all of your predictions are coming true mate. Pls keep it up! 

[cloakteam]

Dear Cloak Community,

We're proud to present the long awaited Audit Report!

The Audit done by Cognosec a NASDAQ-listed cybersecurity company has been beneficial to Cloak goals and we certainly appreciate their work.
The Security Audit shows also good public recognition of our work because this opens new doors and shows that we are a trustworthy project.
Stepping through the issues found in the Audit, 40% have already been corrected and implemented in preparation for our live release coming in the near future.



Here are the solutions from Cloak Development Team:

#1
Compromise of Anonymity is the largest issue where the sender could be determined, has been resolved.
By analyzing the transactions on the blockchain provided for by Cloak, Cognosec found it was possible to determine the amount sent by summing transactions searching for equal amounts through a method called possibility analysis. Once the amount sent was solved for, it could be determined what the sender addresses were. Based off Cognosec suggestions, we have implemented the following solution. Instead of an equally split Enigma fee, Cloaker participants receive incentives from Enigma fees which are randomly split, 80%-120%, of an equally split Enigma fee. Additionally, the transaction amount is repackaged and is then resplit 2-4 times in a way to prevent any equivalent transaction summations. This prevents using possibility analysis to determine the amount sent. Without the ability to determine the amount sent, it is not possible to determine who sent the coins. Additionally, included in this solution is resolved Problem #9 – Flawed Splitting Randomizer.

#2
Insufficient Wallet Encryption is currently under development.
Cognosec also found that even should the wallet be stolen, the coins could not be used.
The current risk is that the transaction history would be known.

#3
Random generator used without Seed is resolved.

#4, #5, #6, #7 & #8
are all based on the use of the “outdated” bitcoin release and the system libraries used for the project.
Detected DLL preloading vulnerabilities are actually OS dependent and will be mitigated by placing the needed DLLs in the protected system directories (e.g. system32 folder on Windows) when the production/release installer is created as a part of our new wallet package. Eventually, Cloak will be incorporated into source of the latest LiteCoin project, also resolving many similar issues such as this that may arise.

#9
Flawed Splitting Randomizer is resolved as discussed in the initial paragraph and shown in Figure 1.

#10
Weak Backup Methods is under consideration for future releases.

#11
Incorrect Number of Cloakers used is, as Cognosec determined, informational. Cognosec failed to recognize the sender as a participant of the Enigma transaction.
When looking through their analysis, which provides code, it can be seen that the number of participants in the software is reduced by 1, specifically.
The highlighted line in Figure 9.13, of the audit, uses the Function CreateForBroadcast with the first parameter, numParticipants – 1.
This is also described in Figure 1 where 4 Cloakers are used.
On live net, the current number of Cloakers is set to minimum of 5 and can be set by the user.
This enhances the difficulty of analyzing the transactions even further.

Feel free to read the complete Audit Report!

CloakCoin - Security Audit Report by Cognosec

Thanks Cognosec!

Peace and Love

Team Cloak

[TSVHoff]

WOW!

[deepend]

WOW!

It is a very fine report for sure.  Everyone needs to read the report and see the work that's resulted!  It's a great day for Cloak!

[yogibaer]

Awesome stuff is going on here, awesome audit report!