I'm reading both XC and cloakcoin OP's and cannot seem to understand the difference between XC's new PBoC, and cloakcoin PoSA?
Does anyone know what separates these coins as obviously two front runners in the anon tech. Maybe explained for those that don't know ins and outs of anon tech.
thanks
What does PBoC stand for?
no idea, just keep hearing of multipath and this PoBC that they keep talking about. Obviously XC is the buzz and just really trying to see what is better that investors are putting all there money there? I'm not seeing anything other than developer there is real guy.
What i'm getting as is I cannot see why so many are investing in XC, thread is explosive, yet cloakcoin is not talked about much at all? What am i missing here?
Marketing, cloakcoin devs posted a few pages back that marketing won't start until they release PoSA and I assume a few other features like CloakVPN..etc. Cloak coin devs are focused on developing cloak coin and doing the marketing later as development is way more important in a coins early age.
Cloakcoin's new features start to come out, people will take care of the marketing and hype. Also gaining popularity before their feature is released is risky, if they delay the release or have issues then prices will drop and the word spreads fast.
Darkcoin had this problem. PoSa has been delayed due to some flaws in POS but notice the price per cloak hasn't dropped dramatically it really just looks like a minor correction. Not everyone invested follows this thread.
PoBC stands for Proof of Blockchain. This is what the XC thread says:
È- In distinction from PoS, which secures a blockchain, roughly speaking PoBC allows blockchains to talk to each other.
- PBoC is such new tech that (a) no-one except people at XC understand it (it's Jasinlee's invention), (b) it's not coded yet.
- PBoC is not going to be implemented in the near future because it will take an enormous amount of work and there are more immediate goals, like real staking Android wallets."
Notice the very last line. Cloak is way superior