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
Cloak had a bad reputation at first, but new dev have proven himself to take it into the right direction. You should be glad no marketing have started yet...gives you a good opportunity to get in at a good price..I will forever support cloak..it's a project that deserves good fortunes..might I also add that I haven't found a coin yet with faster transactions..it's seriously fast compared to others i've used. +go check out blockpay and scroll down to partners
