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.
Deepend, I'm the same guy who just asked you this question on telegram an hour ago, you don't need to respond to me like I'm cloakcoinscam.
I've invested a lot of money in this coin and I just want an explanation.