Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digitalcurrency

I am specifically interested in the decentralised governance mentioned. Do you have the design for this already and what time frame until implementation?

Hi cryptohunter

Only a rough design for the governance so far. We still have a few technical details to flesh out. In terms of time frame, the work won't start until the project is open sourced as it will require a fork.

Joe

What is the governance? What does that mean?

Governance is essentially control. The idea being that users cast votes with their wallet (while PoS mining) to control the future direction of the project. This could be used to control which new features are funded and implemented and also allow some community control over things such as block rewards.