Also whats to stop a bad actor from creating as many wallets/nodes as he/she wishes and capturing the data / stealing incoming transactions. This was done with XC rev 1.0 and the same applies to Cloak's design.
A system we have put in place to require a small investment to be a node thus stopping unlimited bad nodes by investment deterrence.
small investment...isnt that the same as masternodes for DRK???
additionally, how will you blacklist - XC had its dynamic learning trust system which went down the drain....any black listing system is easily flawed and centralized.
Obviously black listing will not be enough. No you will not have to have 1000 CLOAK like a masternode. But if you want 1000 nodes on the network spying it will cost you.