Re: The Pros and Cons to Cloakcoin and Darkcoin, lets discuss them.
If you guys are up for discussing XCurrency too, here's a brief introduction to get the conversation started:
- XC is the only project with an already-implemented anonymity solution that is currently working.
- XC has a flexible and layered approach to privacy, which is to say there are several ways in which one can be private.
- This "layered" approach is important to make XC relevant for several use cases.
- Here are the functions that will be exposed to XC users:
- conceal your address from the recipient (XC's equivalent of a stealth address)
- conceal the amount sent/received (Multipath, i.e. splitting transactions into fragments and having them routed down separate paths through the network)
- either send directly to recipient or use trustless mixing (that latter of which is a world first - a solution to the Byzantine Generals' problem for privacy-centric currencies)
- conceal your IP address (The XC TOR Stick / embedded I2P-like node)
There are a lot of other aspects to XC, like mobile-centric development (fully functional staking mobile wallets) and blockchain 2.0 capabilities, but since DRK and CLOAK are anoncoins, the privacy-related stuff is relevant here.
- XC is the only project with an already-implemented anonymity solution that is currently working.
- XC has a flexible and layered approach to privacy, which is to say there are several ways in which one can be private.
- This "layered" approach is important to make XC relevant for several use cases.
- Here are the functions that will be exposed to XC users:
- conceal your address from the recipient (XC's equivalent of a stealth address)
- conceal the amount sent/received (Multipath, i.e. splitting transactions into fragments and having them routed down separate paths through the network)
- either send directly to recipient or use trustless mixing (that latter of which is a world first - a solution to the Byzantine Generals' problem for privacy-centric currencies)
- conceal your IP address (The XC TOR Stick / embedded I2P-like node)
There are a lot of other aspects to XC, like mobile-centric development (fully functional staking mobile wallets) and blockchain 2.0 capabilities, but since DRK and CLOAK are anoncoins, the privacy-related stuff is relevant here.