Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
zing96
on 09/07/2014, 23:30:30 UTC
is this coin still trying to use exchnages to make sended coins anonimouse ?

if so witch xchange would do that ( sins thats a place the goverment can crack down on ) ia confiscate / sue

if not how is the anonimouse solved then ?


exchanges can't be sued or crack down on. its not against the law to be anonymous when it comes to cryptos. Everyone has a right to privacy.


o i agree on this totaly thats not the problem
the big problem is Facilitating Money Laundering
sins a central point is making it anonimouse ( and helping in the act of money loundry ) make it harder to find iligal drugs money
any exchange offering ( or working whit ) the act of ( Money Laundering ) would be acting illigal
sins this was set up as using xchanges ( those are only a couple of central points )

witch exchange wants to bare that risk ( if the plan is still the same ) ?

or are u working on a decentralized exchange

this is also a problem whit DRK and its centralized node,s but sins many peeps host them its harder to crack down on them  ( p.s not a drk scam fan ! )

SO no one can explain this to me ?

Exchanges aren't used in the PoSA system.  They have an option for their wallets to be turned off.  This isn't an anonymous by exchange system anymore.  Read PoSA pdf in the OP.  This is decentralized.

ty thats all i needed to know can u link it to me so i can investigate it ?

It's in the OP.

Direct link for the lazy:  https://mega.co.nz/#!1c9UnKBI!BdEaoBuYDAr5F4nwltpYjYNOrZt7Jretk07eGc-oPDc