Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Proof of Stake Anon
by
darkproton
on 02/07/2014, 17:01:08 UTC
Can someone explain what is different about XC and Cloakcoin methods of anon tech now? Both seem to be releasing same day, july 7th. What will set cloak appart from XC?

So will XC also be fully anon decentralized? I'm not finding much information comparing the two, is there one better than the other or both work the same way?
Not fully certain on xc anonymizing but it appears on first glance to be similar to darkcoin in that one needs 550?( may in fact be 500) xc to make a node. That node is then used in the anon features. Cloak whitepaper mentions nothing of nodes and integrates entirely with the staking process. If I am wrong, please correct.