We don't need to learn anything from XC or take advice from you.
When you go around the net starting reddit FUD sub-threads in r/Cloak, posting FUD in the comment sections of Cloakcoin related articles and YouTube videos - you get classified as a gutter trash trader. Your posts have absolutely nothing to do with technical information. All you are doing is planting fear, uncertainty and doubt in the minds of potential investors i.e premine, ninja launch, instamine, vaporware etc. You've posted this same exact post all over the net and yet you can't prove any of it. I hope you know that some of Cloaks biggest holders and advocates are also some of DRKs biggest holders. You should think about that one real hard next time you decide to get drunk and troll the net with your BS.
Cloakcoin at a glance...
The
in wallet btc exchange and marketplace looks interesting but
(oops, just found out the in wallet exchange is actually just an api from a small centralized non-trustless exchange and not actually a decentralized trustless wallet to wallet exchange.)
Cloakcoin had a failed Ninja launch with a 7 day pow 4.5 million coin instamine that has a 6% pos inflation issue. it's also a self-moderated thread that has been censored to cover up launch issues.
so far cloak looks to be mostly vaporware but time will tell. anon devs with closed source unreviewed features is also troubling. it has lots of problems to overcome but it could give xc (
1% 2%+ premined, 3 week, 4 million+ coin instamine, self-moderated thread) a run in the pos lane. i may still invest in cloak but i think ill wait for more solid info and the inevitable big dump before buying in. congratulations to those who instamined all the coins in the first 7 days. when those people start dumping just a small part of their holdings it will be epically brutal.
you may say that darkcoin also had a instamine issue the first few days and you would be correct, darkcoin should have been relaunched. drk was however distributed very well over the next few months for pennies because no one knew how big the anon market would be.
the same can't be said of cloak and xc as the anon hype created by darkcoin caused instaminers to hold those instamined coins waiting for the perfect opportunity/liquidity to dump.
the
cryptobloat cryptonote coins have worse compatibility issues than cloak and xc preventing mass adoption as well as bloating issues that are supposedly being worked on but it's just theoretical vaporware fixes right now.
darkcoin is a superior pow coin purposely based on bitcoin for easy integration everywhere bitcoin is (this is huge). plus i won't even get into the unlimited 2.0 functionality possibilities of the trustless decentralized masternode system or all the other drk innovations like x-11, dgw, sporks and the fastest/instant anon transactions (darksend+) on the market.
the only question is who will take 2nd place to darkcoin?
any questions?
