Quote from: R-J-F on July 15, 2017, 07:23:52 PM

Quote from: enzeperix on July 15, 2017, 06:43:17 PM

What are the main advantages over Monero and other privacy centric coins ? I mean except the consensus system which is POS and not POW like Monero is. I find the distribution of Cloak more unfair than Monero's . When the coin was launched any big miner could have pointed his rigs to it and made a shitload of CLOAK during the POW period.

And, how does this differ from Monero exactly?

https://en.wikipedia.org/wiki/Monero_(cryptocurrency)

Cloak coin uses a different method for anonymous transactions, which is based on off-blockchain mixing instead of ring signatures. Both ensure decentralized anonymous transactions. Some advantages of cloak coin over monero are the pos system, the faster block time and the simpler blockchain approach, which makes it easier for backwards compatible updates. Also check this post:
https://www.cloakcoin.com/en/faq/how-does-cloak-compare-to-monero-zcash-dash-etc.html

For some disadvantages of zcash and dash check this list:
https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

I would say cloak coin also has all advantages listed there for monero.