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

[Duderino123]

smart people are buying...  including me.

so i also want to be a part of smart people

 Hilarious

[Sidi25]

Hey Cloaker ,

The winners of the CloakCoin Video Competition #CloakVC are nominated!

https://t.co/WeHdhTyEKT



Congratulation and thanks to everyone who participated!

[Duderino123]

The amazing news is that Cloak is going to be listed on Binance!

something big news coming for cloak coin and its amazing


hxxps://twitter.com/lasvegas831/status/968384741983576066

[S3cco]

CloakCoin announced the revised CloakCoin-ENIGMA White Paper unveiling how the ENIGMA technology works:
https://bitcoingarden.org/cloakcoin-announced-revised-cloakcoin-enigma-white-paper-unveiling-enigma-technology-works/

CloakCoin was one of the first digital currency concepts in the crypto market to address privacy inadequacy, and was introduced in 2014 with the aim of enabling people to use a coin that would provide total privacy, in a world that is more and more encroaching on the freedom of its population, stating real and perceived threats to national security as a reason to “protect” its citizens.

CloakCoin has been professionally audited by Cognosec, a NASDAQ listed cyber security company for weaknesses in their efforts to prove the technology.

The Development Team of CloakCoin proudly announced the revised CloakCoin-ENIGMA White Paper, which explain how CloakCoin-ENIGMA technology works. The white paper details the evolution of CloakCoin and the untraceable transaction system called ENIGMA.

CloakCoin is based on the revolutionary Blockchain concept but has added some very simple and clever layers of communication and a sophisticated off-­blockchain coin mixing system making it impossible for 3rd parties to trace transactions between CloakCoin wallets. Today CloakCoin is one of the best systems available providing private, secure, decentralized and untraceable digital monetary transactions....

[Ferdo]

Hold your horses regarding being listed on binance. Application is in progress, meaning there is a possibility that cloak wont be listed.

Fingers crossed but lets wait for the official news

[CaptNemo]

Would be fantastic news if the application was approved!

[tradercouch]

Would be fantastic news if the application was approved!

other some coins application also in progress so lets see which approved or which not

[tradercouch]

if bithumb add cloak then its called also huge news and success of cloak coin

[deepend]

if bithumb add cloak then its called also huge news and success of cloak coin

looking good, tradercouch!

[Merovingio81]

Hi, in the latest version of the wallet it's possible to disable enigma and put the percentage to zero via config file before start?

[Petersha]

Cloak coin is looking solid now.

Binance application is submitted, if approved it will take us to next level.

If any more good news from development  then it will take it to 100$.

All the best

[tribanogrami]

I never realized they call the big news is added to Binance? Or something else?

[bamsterdam]

Very nice work. I still need to read the audit but is there a document somewhere that outlines what's been changed in this release that addresses (point by point would be nice), concerns etc raised in the audit?

I would like to know that to is the audit documented somewhere? Have some weaknesses been addressed already or were none found ? Good to know cloak is back in the game

[liquidflames]

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

http://cloakcoin.com/resources/CloakCoin_Audit_Report.pdf

[tradercouch]

i do not want to say but 100% pump amd dump cloak. do not blame me just look yourself

[tradercouch]

Particl scam coin now doing good job

https://bitcointalk.org/index.php?topic=1835782.660


Particl is coming to the Ledger Nano S   

[Viper1]

Particl scam coin now doing good job

https://bitcointalk.org/index.php?topic=1835782.660

Particl is coming to the Ledger Nano S  

Not sure why anyone here would care? I used to like ShadowCash but them basically closing up shop to move to Particl made me not want to have anythign to do with them anymore as they can just so it again and again. Not to mention all the stuff behind the scenes that was going on like having discussions with PnD type people.

[tradercouch]

after open source cloak coin. team member should also contact to trezor and leadger nano S for cloak coin support on hardware wallet

[veso86]

Yup that was a pump and dump. But still good project. Hopefully it gets listed on more exchanges soon!

[shixd8899]

The price is beginning to rise again. When the current price is far behind the highest point of the coin, let's take off again soon.