Hey guys could anyone enlighten me on how private Cloak actually is with an available block explorer?
I just want to silence my own FUD.
Transaction sources seem well hidden as well as identities of wallet holders from what I can understand.
Not trying to ruin the triumphant gif parade but I just wondered if someone with enough skill could write a comparing script to check balances between addresses for a given block time frame and determine which wallets lost X amount of cloak and which wallets gained....
Would kind of defeat the purpose of the off chain mixing and such....
Tell me Im wrong please.
Transaction details are well hidden. I like that comment. Well hidden is understated by the way. Its algorithm is incredibly complex. I hope you and others continue your efforts to solve the privacy issue though. This is how bitcoin evolves. Keep on trucking bud. Gltu.