Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Tyreal
on 01/08/2014, 13:56:02 UTC
Also, Just because you have a wallet with a ton of coins, doesn't mean you'll only get the big transactions. You can still stake a large quantity on a small transaction. Isn't that the point of weight?

you are correct. But the higher the value of the transaction, the less nodes that can accommodate the PoSA tx. if you want to send 10 CLOAK PoSA, I am sure there will thousands of wallets that can handle that trade. but if you want to send 1k CLOAK, there will be considerably less wallets, which means the 1k wallets will see that action more often and get nice fees from it.

But unlike DRK, everyone can play, as long as you have CLOAK in your wallet and opt-in to be a PoSA node.

If this theory is correct, anyone with a sizeable trade will run the risk of NOT being anonymous. So if i were a bag holder, or a darkweb guy and wanted to hide hundreds of thousands of dollars from the network, i would have to do hundreds of smaller transactions to guarantee anonymity.

I would expect that the devs have taken into consideration the larger transactions and not limiting who can and cannot accomodate those.