Blockchain Financial *News*
Mar 21, 2019 8:19 AM (6 years ago) 2,239

CloakCoin is now available on Blockchain Financial

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Cloak provides a more secure and private world of currency transactions.

  • Lightning-fast. Experience almost instant transactions. No more waiting for slow blocktimes or network transactions to take place.
  • Untraceable to you. Cloak has onion-routing privacy set to default, or switch on state of the art ENIGMA for the ultimate in cloaking.
  • Earn rewards. Everyone can earn more with Cloak. 6% annual interest is rewarded for simply staking your coins in your wallet.
  • Community focused. We live and breathe community and rely upon active participation and volunteers to help the project. Get involved.
  • Privacy focused. CloakShield utilizes end-to-end encryption and delivers secure communication out of the box, allowing nodes to circumvent traffic analysis. Combined with ENIGMA, it is the crème de la crème for privacy, utilizing up to 25 hops using symmetric RSA encryption backed by an ECDH key exchange.
  • It is Open Source. Open source is important to Cloak as it provides complete transparency and the ability to peer review the software. Users can have complete faith that the software is continually reviewed for bugs, tracking, malware or any other unwanted software.
  • User friendly. Today Cloak offers advanced private, secure, decentralized and untraceable digital monetary transactions. User friendly, it will allow anybody with a computer or smartphone to safely participate in today’s digital currency markets with reduced worry of unwanted parties spying or hacking.
  • It gives you freedom. The sole purpose of Cloak is to give its owners innate financial freedom in a simple, practical, economical and virtually instantaneous manner. However, it is not –and it never will be– the intention of Cloak to support illegal markets, activities or elements acting outside of the law.

Technical specs:

  • Coin Suffix: CLOAK
  • Algorithm: x13
  • Block Time: 1 minute
  • Total Coins: 4,500,000
  • PoS reward: 6%
  • PoS min stake age: 6 hours

Resources:

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