Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
BC released blackhalo trading decentralized platform beta today, can go download it on their thread (uses bitmessage too). Hasnt effected market price yet. Played around with it little, interface needs to be little more user friendly. But in end i like how fees/escrows benefit cloak stakers as described in here, overall more cloak centralized marketplace which brings value back to us coinholders/investors.
btw cloak is first coin i actually hold, been daytrading for last few months successfully, this coin too promising to sell for daytrade profits
btw cloak is first coin i actually hold, been daytrading for last few months successfully, this coin too promising to sell for daytrade profits
Cool thanks for the heads up, I just finished checking it out. My question though is what problem are they trying to solve? They don't have any form of privacy protection or anonymity for Blackcoin that I could find. This begs me to ask the question why wouldn't they just use a regular centralized model like blackcoiner.com? I don't see the benefit to the end user to use BC + decentralized marketplace vs a privacy focused currency like Cloak + OneMarket when the payments can be traced back to the buyer/seller..
This would be the same as using Squareup.com to buy weed from a drug dealer.. Sure the transaction can work but why would you want linkability in the equation.