CloakCoin's main feature (expected in the next couple of days) is called Proof of Stake Anonymous (PoSA), and it uses the PoS feature to conduct anonymous transactions. Pretty cool stuff...
Please put the concept behind this feature into a couple of lines for us
EDIT: looked at the condensed whitepaper FAQ for CLOAK
Can someone confirm what it looks like - that at the moment the entire CLOAK anon system is centralized and managed by the CLOAK devs? If so, then this project is very, very far behind Darkcoin. With Dark we are considering how, to have a point of failure at the moment (regardless of further ongoing anon development), a series of masternodes has to be compromised. But if I understand it correctly all an interested agency would have to do to compromise CLOAK 100% is knock on the dev's door. Is this correct?