loak was scam the dagger first topic c4shm3n has a lot of money in it he take over cloak coin then you had BOBSURPLUS he was in cloak tho cloak was from 2013 not 2014 Wink BOBSURPLUS that day he had 600 BTC +/_ thanks from my verry good engels Grin
You are talking about a story from 5 to 6 years ago concerning the historical pseudo-founders who were discarded.
Since Cloak has largely evolved, emancipated itself, its teams and its community too, there has been an audit of the code that has been produced and validated the safety and validity of anonymisation of the software systems deployed, moreover there have been new updates evolving until this month that support the extension of the guarantees of confidentiality, the implementation of enigma, cloakshield is active, byob function must be delivered.
During the last tests, it was to include CloakFX directly in the wallet functions but it seems that the HALDE has threatened heavy sanctions since it does not validate the Cloak / FOREX exchange membership concerning CloakFX. As soon as solutions for circumventing global surveillance systems are established, State authorities (even private) threaten or sanction without warning and censor the adoption (even with FUD) or manipulation of low-volume markets.
(like CZ who charged $1M to enable registration on Binance) these choices were validated and a jackpot was collected from discrete contributors and business angels to finance the registration on Binance.
This did not bother CZ who fired Cloak without any explanation, Binance took the money and offered a place on the platform for almost 15 months and ejected Cloakcoin.
This distribution plan to promote Cloak seems expensive, I agree, but what alternative solutions would you have found instead? What do you think could be useful to promote Cloak and stand out from the 9000 other crypto products? (maybe it is possible to implement your ideas now?).
And then there is the legal context, for the moment cryptoes offering anonymity are discarded by the centralized exchanges, pointed out by the regulators, but don't be under any illusion, Cloak is not dead, on the contrary, once this cycle is over it can be reborn like a phoenix but it won't be without you.
See how crazy the prices are to be registered on a centralized platform applying the KYC rule. That's why the brilliant answer ByoB was born.
The idea of the ByoB function is to create a dedicated DEX to emancipate itself from the centralised exchanges under KYC and stand up against the state regulator, Cloak's slogan is "be your own bank" - not for nothing, it's usually appropriate.
From a marketing point of view if Cloak does not fight to be known then there will be less adoption, less users and therefore less liquidity other than in Bitcoin BTC. The mechanics of communication need to be adjusted and properly coordinated so that the product can be presented or distributed to more people (multilingual and multicultural).
(Other crypto teams spend huge amounts of money to make sure they are known via armies on the networks, others use much more aggressive methods) This is not what Cloak does.
Cloak has not been hacked and continues to offer the deep intractability of transactions. It is an operational system (25 asymmetric RSA hops) completely different from Monero XMR which also offers anonymity. Cloak which allows transactions to be transacted cheaply and quickly (almost immediately).
Adopting Cloak is not a political gesture in itself, it's just a fair and useful choice of life for its users and its community.
Even if you have nothing to blame yourself for, nothing illegal here, you may not want a third party to follow your transactions or worse, listen to your network ports! Nothing prevents you from using an anonymity transfer solution or a perennial confidentiality to carry out your transactions, this is what Cloak offers and even allows an annualized return of 6% (staking) to the contributors and maintainers of the network.
Using https://www.cloakcoin.com this choice is up to you.