Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 03/08/2014, 08:41:31 UTC
PoSA Rough Draft Cloak 2.1

http://pastebin.com/ArJNmHEq

Edit - I just don't understand the last part; what good is all this cloaking if bobs IP is (apparently) still connected to the PoSA wallets?

That was my question as well, it talks about protecting bob in case richard is a thief, but what if richard is just a spy.  This is a known issue for drk coin, which is why there are 8 middle men, ensuring that the probability of all 8 being controlled by the same entity is low. What if 1/3rd of the cloak network is sitting at the nsa?

So bob shuffles his coins locally removing their origin, but then he sends to richard to send to alice for drugs, and richard narcs on him.

Your input is much appreciated, for people calling this FUD well it isn't. Its constructive criticism and beneficial to the development of PoSA. The devs listened to issues that might arise with PoSA from members and found solutions.



Exactly, that's why I asked the question. At this moment cloak is the only altcoin I own so I'm not trying to talk it down at all, but when I have questions, potential investors might have the same questions preventing them from actually investing. I am sure that there is a good answer to the question I asked so i would like to get it out into the open.