Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
CryptoAllDay
on 05/10/2014, 21:10:25 UTC
And that's silly, what would stop ANY closed source coin or software from inserting a backdoor?

That's EXACTLY my point. That's why no closed source coin can ever be trustless.

I don't get it.  Why would open-source be a requirement of trustless anonymity?  If it works then it works, which the audit will determine.