Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digitalcurrency
by
gentil
on 05/04/2017, 00:42:41 UTC
I'm sceptical about Cloakcoin

Its been going to nearly 3 years, yet has a market cap of just over $1 million.

Its never had a market cap of more than $6 million.

Why?

If Cloakcoin really is superior to Monero, why is Monero currently worth 300 times more???

And I also believe the claim to make Cloakcoin opensource is untrue. Going from closed to opensource on a large codebase is a TONNE of work. Who is going to pay for this? Why would developers spend huge energy making it open source when its a failing project?

This isn't a FUD. If someone can answer my concerns coherently I'm listening  Smiley