Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digitalcurrency
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
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
Could just be who you know not what you know. I really dont get how this concept works with Enigma and to have it on an exchange also. Then it goes into bitcoin anyways when cashing in cloak. There is too much buy and hold in this community. I my as well do the same just for a chance of hitting the motherload. Haha watching to many gold mining shows.