Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
TheDagger
on 01/08/2014, 14:21:07 UTC
PoSA tx when final public version is released, has some advanced features to allow those "extra paranoid users" Cheesy a way to raise and lower certain key parameters.

For example.

Bob wants to send 1000 Cloak to Alice but is concerned that despite the fact it cannot be traced directly from A to B it can still be "speculatively" followed with blockchain analysis because it is a large amount.

Bob can choose how many nodes he wishes to split his 1000 cloak, could be 10 could be 15, PoSA does a check to see if the balance is available in these nodes before the tx is permitted and can randomly split accordingly. He can also, if desired, select the amount of blocks he wishes to split the tx out. The higher the values he inputs the more spread out the tx becomes.

For everyday smaller amount this type of advance selecting would not be necessary.

However, for a VERY LARGE tx of say 100K Cloak. An ideal scenario would be to input even higher inputs to the parameters allowing it to take a longer time and being split over many more nodes and blocks.