Cloak will come out on top because of this. Honesty and not sweeping bad news under the rug thats the way to do it. Once dagger gets this done, and he will, Cloak is going back to the top.
I agree..but..... I wouldn't expect anything too soon, if at all. This is a 1/100 bet now. It is clear now, that trustless p2p anon marketplace is very complicated, requires top skills in coding and theoretical cryptography, as well as some genuine thinking out of the box.
The team had a concept, and they thought they could solve something big, but they were proved wrong. Maybe they knew it all along (that it was near to impossible), and just wanted to create the hype, who knows.
Maybe what is left to do is to mimic Supercoin's approach, who btw claims that they have found a solution to p2p trustless anon (although using coinjoin tech, which might be the weak link), and are also aiming to launch a marketplace in the "near future"...
Hell... I hope cloak succeeds, but there is no time to waste... whoever does this tech first will be the winner, and there are no second places..
Cloak devs, good luck. Thanks for trying and being at least a little honest. Try harder. In the meantime I will hold, and maybe catch a few more "cheap" cloaks, as there is nothing more left to do but close your eyes and hope... and hope... and hope.... Damn this is getting depressing.