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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 23/07/2014, 11:19:31 UTC
mpmsvv,
Have you gone to IRC to ask your PoSA questions or are you still here asking other people to do your research for you?

I'll make it simple for you.
1. You send coins.
2. Cloak the magic dragon incinerates the evidence.
3. Manbearpig is destroyed and we are once again, safe.

Cloakcoin already has better features than all other alts combined. TOR, Cloaktrade, Cloaksend 1.0... Dev's have delivered on all their promises to date in my opinion. I've been trading alts since LTC was 40 cents and CLOAK is my fav of the many kinds of coins I invest in.
 


Stephen thanks for the advice. It's good to see people answer with good education. I will seat and wait for the coming news/developments of this coin. Then I will recognize if I'm wrong or not...
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 23/07/2014, 10:19:57 UTC
Is that all you come back with? Hahaha you imbecile. Must've been dropped on the head as a kid. Ignored.

When you have nothing more to say you do personal attacks. I can live with that. Don´t worry and don´t be nervous. It´s bad for your health..
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 23/07/2014, 10:12:27 UTC
mpmsvv, please read what you've been posting all over the place. You have been rude without prior research, claiming and spreading FUD without reading anyone's post properly. None of anyone's response is an attack on you due to your opinion, but rather your opinion is that of an uneducated spoiled brat who had the answers right in front of you the whole time.

Like mikerutch has mentioned, you look to have been burned badly with your poor knowledge when investing into GPUCOIN and LEAFCOIN, which in turn was a MASSIVE LOST for you. And everyone here would rather like you to invest elsewhere if you keep on posting like an immature 12 year old. I couldn't care less how good your English is or you speak 3 languages everyday, cause I speak 5 languages.... fluently.

Yes I was a MASSIVE LOST of 0.05 btc in GPUCOIN. It's the end of my life!! ohh poor life!!
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 23/07/2014, 09:55:59 UTC
This thread is full of newbie profiles saying good things about cloak. I know that my english isn´t good. But it's difficult to talk more than 3 languages everyday. English is the worst i know. I'm not making personal attacks. People here and also on the IRC like to make personal attacks when the opinion of others is different. This is rude!!!
Please stop quoting all the answers every single time.

Devs have proven they deliver announced features. At least enough for some people to trust them with their investment.
Investing in cryptocurrencies is your voluntary choice and there is always (as in any investment in this profit range) a high risk attached to it. From reading your older posts it seems you have no other interest in participating in this thread other than raising doubts.

Yes, I have doubts. I will wait and see. The future will say who is wrong and who is right. I was raising doubts but any of them had a good answer.Like others like me asking for technical questions. No one is able to give a good technical explanation. Sorry guys to raising doubts and you don´t like doubts and starting offense people. It's not my way to talk with people. You need to listen and make good argumentention, preferably showing results..
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 23/07/2014, 09:24:00 UTC
i'm potentially going to invest in cloak, but can someone address some of these concerns that i've seen on reddit?

1
 -No proof of technical details. The whitepapers are very vague and contain no groundbreaking details. Details that would be potentially groundbreaking, like how PoSA works or how the OneMarket protocol works are glossed over. The FAQ gives half-assed answers.
2
 -The client is nothing more than Bitcoin-QT with integrated API trading. No stealth transaction functionality.
3    
-The dev(s) are completely anonymous.
4
-Users on Bitcointalk have complained about critical posts deleted in the CloakCoin announcement thread
5  
-The PoW stage lasted 7 days, which means the dev(s) could have mined a large portion of the total coins. Some miners reported seeing 20 GH/s on the network immediately. This is effectively a premine dump.
6    
-I can't find much original code in the Github repo. It seems like it's all code copied from Bitcoin-qt and related repos with minor modifications. Certainly no code for the alleged groundbreaking algos in CloakCoin.
7  
-The site is all talk and no show. The vague whitepapers, the snazzy meaningless graphics, the pointless youtube videos under "development," and the lack of technical discussion in the community.
8
and these technical questions as well:
- how do you prevent blockchain bloat if nodes are sending dust to each other all the time?

- if staking coins are spent to mix/forward txs to recipients, then how can you trust the nodes won't steal coins instead of forwarding them?

- if new addresses are mined to anonymise transactions, then how do you avoid losing transactions due to orphaned blocks?

- alternatively if you wait for the blocks to mature, then how do you avoid long transaction times?


thanks


Hey Montreal,

The person who posted this is a FUDpacker and is no doubt one of the competing currency's cultists.
1
-The current whitepaper gives a general overview of the PoSA process. The anon implementation is an extension to the proof-of-stake protocol; Hence why it is called PoSA. If a wallet is open and staking it is contributing to the PoSA protocol. Think of PoSA staking as a similar concept to turning on your tor browser. An in-depth technical whitepaper is on the way.
2
-There is an anonymity protocol in CloakSend 1.0. The developers discovered a unique approach to anon that blew anything they thought of originally out of the water with CloakSend 2.0 (PoSA - Proof-of-Stake Anon)
3
-Yes, the devs are anonymous. This is an anonymous currency. The respect for individual privacy is a core foundation of Cloakcoin. Our holders should have the same respect for privacy that Cloakcoin provides them financially. Besides the most successful crypto currency is from an anonymous developer (Satoshi)
4
-No critical post get deleted. The posts that are erased from the world are ones that don't contribute to the development of a privacy focused cryptocurrency. Fear, Unproven, Doubt (FUD) are baseless accusations made by individuals and sometimes groups of individuals with the sole purpose to discredit/degrade a coin developers efforts; Furthermore, these accusations usually have a financial agenda driving them. The FUDpackers mission is to create a panic sale so that the price of the coin can drop to a level that's affordable for them to enter the market. Healthy criticism is always welcome in the Cloak community and is usually a precursor to technical debate.
5
-The coin was pre-announced and this gave miners plenty of time to point their rigs at mining pools. The was no pre-mine and nobody is paying these developers to develop this currency. If people didn't believe in mining the coin at launch then that's their own fault. Using the coin's development team as scapegoats for their ignorance in making an investment call is piss poor. Short PoW periods are meant to save overall energy costs by moving the coin as quickly as possible into the PoS scheme. The majority of the features of this coin are PoS related so it would make sense that there would be a shorter period vs a longer one so the devs could begin working on the new features.
6
-Of course this is a Bitcoin fork. What you are seeing is the initial commit of the 1st Cloakcoin source release. We are keeping the innovative features closed source for a time to protect the investors of the coin. In this space there are too many copycat operations stealing innovation. The source will be opened in the future and we are currently looking for a qualified candidate to audit PoSA. We will post an independent audit when we have found an acceptable candidate.
7
-I would suggest going through the website and downloading the whitepapers. They are meant for the general public to understand the direction the coin is heading. The OneMarket paper is technical and you're more than welcome to study it so you can get a better idea of what Cloak can offer you as a holder. http://www.cloakcoin.com/onemarket.pdf. As stated in answer 1 a technical paper is coming that will put any of these FUDpackers to rest.

8
The XC PR guy was in here earlier asking similar questions. We are not at liberty to release this information at this time. I would suggest you wait for the technical whitepaper as it will answer your questions and offer an in-depth comparison of the other approaches to anon.



Every time that someone come to this thread an put some technical questions and doubts about cloak no one is able to give a good technical answer. It seems that many people are hidden something bad here. PoSa is as thing that only a few people with a connection to the dev team know. Any ordinary person that comes to this thread don´t have access to the details. In the IRC the same is happen. Everybody is trying to hidden something. With this lack os transparency this coin will die quickly. The devs are trying to put the price up with the poSa promise and then will cash out the cloaks and left the coin. Very very similar to other coins. Maybe I'm wrong, maybe. The future will say who is right or not...


Why don't you check out the IRC and analyse the evidence you will be provided by any number of beta testers? We all know you have no interest in actually receiving any information; the only thing worse than that FUD attempt is your poor grasp of the English language.

This thread is full of newbie profiles saying good things about cloak. I know that my english isn´t good. But it's difficult to talk more than 3 languages everyday. English is the worst i know. I'm not making personal attacks. People here and also on the IRC like to make personal attacks when the opinion of others is different. This is rude!!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 23/07/2014, 09:01:25 UTC
i'm potentially going to invest in cloak, but can someone address some of these concerns that i've seen on reddit?

1
 -No proof of technical details. The whitepapers are very vague and contain no groundbreaking details. Details that would be potentially groundbreaking, like how PoSA works or how the OneMarket protocol works are glossed over. The FAQ gives half-assed answers.
2
 -The client is nothing more than Bitcoin-QT with integrated API trading. No stealth transaction functionality.
3    
-The dev(s) are completely anonymous.
4
-Users on Bitcointalk have complained about critical posts deleted in the CloakCoin announcement thread
5  
-The PoW stage lasted 7 days, which means the dev(s) could have mined a large portion of the total coins. Some miners reported seeing 20 GH/s on the network immediately. This is effectively a premine dump.
6    
-I can't find much original code in the Github repo. It seems like it's all code copied from Bitcoin-qt and related repos with minor modifications. Certainly no code for the alleged groundbreaking algos in CloakCoin.
7  
-The site is all talk and no show. The vague whitepapers, the snazzy meaningless graphics, the pointless youtube videos under "development," and the lack of technical discussion in the community.
8
and these technical questions as well:
- how do you prevent blockchain bloat if nodes are sending dust to each other all the time?

- if staking coins are spent to mix/forward txs to recipients, then how can you trust the nodes won't steal coins instead of forwarding them?

- if new addresses are mined to anonymise transactions, then how do you avoid losing transactions due to orphaned blocks?

- alternatively if you wait for the blocks to mature, then how do you avoid long transaction times?


thanks


Hey Montreal,

The person who posted this is a FUDpacker and is no doubt one of the competing currency's cultists.
1
-The current whitepaper gives a general overview of the PoSA process. The anon implementation is an extension to the proof-of-stake protocol; Hence why it is called PoSA. If a wallet is open and staking it is contributing to the PoSA protocol. Think of PoSA staking as a similar concept to turning on your tor browser. An in-depth technical whitepaper is on the way.
2
-There is an anonymity protocol in CloakSend 1.0. The developers discovered a unique approach to anon that blew anything they thought of originally out of the water with CloakSend 2.0 (PoSA - Proof-of-Stake Anon)
3
-Yes, the devs are anonymous. This is an anonymous currency. The respect for individual privacy is a core foundation of Cloakcoin. Our holders should have the same respect for privacy that Cloakcoin provides them financially. Besides the most successful crypto currency is from an anonymous developer (Satoshi)
4
-No critical post get deleted. The posts that are erased from the world are ones that don't contribute to the development of a privacy focused cryptocurrency. Fear, Unproven, Doubt (FUD) are baseless accusations made by individuals and sometimes groups of individuals with the sole purpose to discredit/degrade a coin developers efforts; Furthermore, these accusations usually have a financial agenda driving them. The FUDpackers mission is to create a panic sale so that the price of the coin can drop to a level that's affordable for them to enter the market. Healthy criticism is always welcome in the Cloak community and is usually a precursor to technical debate.
5
-The coin was pre-announced and this gave miners plenty of time to point their rigs at mining pools. The was no pre-mine and nobody is paying these developers to develop this currency. If people didn't believe in mining the coin at launch then that's their own fault. Using the coin's development team as scapegoats for their ignorance in making an investment call is piss poor. Short PoW periods are meant to save overall energy costs by moving the coin as quickly as possible into the PoS scheme. The majority of the features of this coin are PoS related so it would make sense that there would be a shorter period vs a longer one so the devs could begin working on the new features.
6
-Of course this is a Bitcoin fork. What you are seeing is the initial commit of the 1st Cloakcoin source release. We are keeping the innovative features closed source for a time to protect the investors of the coin. In this space there are too many copycat operations stealing innovation. The source will be opened in the future and we are currently looking for a qualified candidate to audit PoSA. We will post an independent audit when we have found an acceptable candidate.
7
-I would suggest going through the website and downloading the whitepapers. They are meant for the general public to understand the direction the coin is heading. The OneMarket paper is technical and you're more than welcome to study it so you can get a better idea of what Cloak can offer you as a holder. http://www.cloakcoin.com/onemarket.pdf. As stated in answer 1 a technical paper is coming that will put any of these FUDpackers to rest.

8
The XC PR guy was in here earlier asking similar questions. We are not at liberty to release this information at this time. I would suggest you wait for the technical whitepaper as it will answer your questions and offer an in-depth comparison of the other approaches to anon.



Every time that someone come to this thread an put some technical questions and doubts about cloak no one is able to give a good technical answer. It seems that many people are hidden something bad here. PoSa is as thing that only a few people with a connection to the dev team know. Any ordinary person that comes to this thread don´t have access to the details. In the IRC the same is happen. Everybody is trying to hidden something. With this lack os transparency this coin will die quickly. The devs are trying to put the price up with the poSa promise and then will cash out the cloaks and left the coin. Very very similar to other coins. Maybe I'm wrong, maybe. The future will say who is right or not...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 12:06:48 UTC
if u bothered to read the thread u would see some demonstration of posa in testing... but u don't...

I can get 7 people to test an imaginary feature and post on a forum for the others believe that is real...
Come on... I'm not 5 years old. You think I'm?

Are you retarded? Check the posts, check the block explorer (testnet) and compare them. Fuck you people are getting dumber by the minute.

I guess trolls always have excuses. Do your fucken homework before trying to debate.

Hitting the ignore button, I can't talk to ignorant little fucks. Not worth the effort.

Yes I am being rude, not defending Cloak as you have no affect on it. It boils my blood to see people arguing without doing their research...a fool.

I'm glad to see that you are stressed. Seems that you are hidden something. You don´t deserve any respect. Yes, you are very rude. You think you are superior than other people? Respect the others if you want some respect in the future.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 11:54:34 UTC
Hi people!! You will release the PoSa or all of this is just speculation? It seems you are talking to much about poSa but the reality is that you have nothing working and nothing to show. Just hype and speculation. Maybe this is another SCAM and P&D coin. Who knows!!

Maybe you should take just a few minutes to actually read some of the thread before u spread ur bs.

Yes, I read. I saw a lot of newbies profiles saying good things about this coin. A lot of backstage work in order to pump the coin value. In respect of working features this coin only have the cloaktrade built in the wallet. Regarding PoSa, you are just speculating in the laste weeks. Release today, tomorrow next week, next month. Maybe in the final of the year you have PoSa ready...

So what do you want?

Not seeing a pump here nor dump here price is stable at the moment. PoSA is being tested as we speak, it takes times to develop something new. If you took the time to do some research and at least check the IRC you would of heard the updates.

Acting like a 5 year old having a tantrum.



every time someone put a doubt about posa and cloak you stayed very offensive and mad. This is not a good feeling for you. You don´t demonstrate anything until now. Who is the kid here? I just put some questions in the air and you should answer with true demonstrations of the poSa working.

Your that ignorant, go through the last 10-15 pages on this thread and you'll see the proof your looking for, check Cloaks twitter page...etc

Do your research before trying to argue.

You don´t need to call me ignorate. It demonstrates the classe of person you are. I wasn´t rude with anybody here. I respect all. I just put some doubts ok?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 11:51:28 UTC
if u bothered to read the thread u would see some demonstration of posa in testing... but u don't...

I can get 7 people to test an imaginary feature and post on a forum for the others believe that is real...
Come on... I'm not 5 years old. You think I'm?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 11:46:53 UTC
Hi people!! You will release the PoSa or all of this is just speculation? It seems you are talking to much about poSa but the reality is that you have nothing working and nothing to show. Just hype and speculation. Maybe this is another SCAM and P&D coin. Who knows!!

Maybe you should take just a few minutes to actually read some of the thread before u spread ur bs.

Yes, I read. I saw a lot of newbies profiles saying good things about this coin. A lot of backstage work in order to pump the coin value. In respect of working features this coin only have the cloaktrade built in the wallet. Regarding PoSa, you are just speculating in the laste weeks. Release today, tomorrow next week, next month. Maybe in the final of the year you have PoSa ready...

So what do you want?

Not seeing a pump here nor dump here price is stable at the moment. PoSA is being tested as we speak, it takes times to develop something new. If you took the time to do some research and at least check the IRC you would of heard the updates.

Acting like a 5 year old having a tantrum.



every time someone put a doubt about posa and cloak you stayed very offensive and mad. This is not a good feeling for you. You don´t demonstrate anything until now. Who is the kid here? I just put some questions in the air and you should answer with true demonstrations of the poSa working.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 11:39:16 UTC
Hi people!! You will release the PoSa or all of this is just speculation? It seems you are talking to much about poSa but the reality is that you have nothing working and nothing to show. Just hype and speculation. Maybe this is another SCAM and P&D coin. Who knows!!

Maybe you should take just a few minutes to actually read some of the thread before u spread ur bs.

Yes, I read. I saw a lot of newbies profiles saying good things about this coin. A lot of backstage work in order to pump the coin value. In respect of working features this coin only have the cloaktrade built in the wallet. Regarding PoSa, you are just speculating in the laste weeks. Release today, tomorrow next week, next month. Maybe in the final of the year you have PoSa ready...

And all are looking for cheap Cloak (;-)

No. This is not the question. Don´t try to divert the attentions. The question is that most of you are speculating about a feature that doesn´t exist yet. It´s just a promise..
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 11:31:47 UTC
Hi people!! You will release the PoSa or all of this is just speculation? It seems you are talking to much about poSa but the reality is that you have nothing working and nothing to show. Just hype and speculation. Maybe this is another SCAM and P&D coin. Who knows!!

Maybe you should take just a few minutes to actually read some of the thread before u spread ur bs.

Yes, I read. I saw a lot of newbies profiles saying good things about this coin. A lot of backstage work in order to pump the coin value. In respect of working features this coin only have the cloaktrade built in the wallet. Regarding PoSa, you are just speculating in the laste weeks. Release today, tomorrow next week, next month. Maybe in the final of the year you have PoSa ready...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 22/07/2014, 11:22:48 UTC
Hi people!! You will release the PoSa or all of this is just speculation? It seems you are talking to much about poSa but the reality is that you have nothing working and nothing to show. Just hype and speculation. Maybe this is another SCAM and P&D coin. Who knows!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 21/07/2014, 14:04:47 UTC
Who in this forum, are in the PoSa testnet?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
mpmsvv
on 17/07/2014, 12:55:28 UTC
someone has an idea about how big hitbtc is compared to other exchanges?

Hi! You can read a review about hitbtc in this link http://99bitcoins.com/hitbtc-review/

I personally know only a few things about this exchange...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Metadisk - Blockchain Based Cloud Storage - Powered by Storj
by
mpmsvv
on 14/05/2014, 18:36:04 UTC
Hello,
I'm following similar projects and im interesting in participating. Please, let me do my contribute for this to move forward. Any additional information send me a PM.
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Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
mpmsvv
on 24/04/2014, 16:54:44 UTC
I think its pretty clear at this point there are stolen bitcoins being laundered here.
How many are being laundered is speculative.

I also think its safe to say that if we have large amounts of funds coming from mtgox accounts which no one has been able to withdraw from in months, these are stolen bitcoins. In my opinion these investments should be disqualified unless the "investors" are willing to come forward and make a statement regarding the legitimacy of these bitcoins. If they were purchased (somehow) then they should have no trouble backing that up.

If we have 100% sure that stolen Mtgox coins are used in this IPO, the MaidSafe admin can suspend the safecoin emission for these address until they proof the true or the identity.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
mpmsvv
on 24/04/2014, 16:20:03 UTC
People this isn´t an anonymous project.
This is a real project with real people.

You can check the news http://www.forbes.com/sites/kashmirhill/2014/04/08/beyond-bitcoin-crypto-ownership-companies-hope-youre-ready-to-decentralize-everything-on-the-internet/


I didnt see this forbes article. Now Im very confused. Would these guys really show their faces for this super scam?

The link is working... This is a real project people...

I like your world where real people do not scam.

Not saying this is an outright scam, but certain individuals are certainly making a lot of profits with insider information.

What I want to say is, this is not a anonymous group trying to scam. They have been working on this project since several years. Before bitcoin ecosystem existence. What they are doing is using this system to rise funds to go forward with the project. And it seems me legitimate.
I belive in these guys and in this project...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
mpmsvv
on 24/04/2014, 16:04:09 UTC
People this isn´t an anonymous project.
This is a real project with real people.

You can check the news http://www.forbes.com/sites/kashmirhill/2014/04/08/beyond-bitcoin-crypto-ownership-companies-hope-youre-ready-to-decentralize-everything-on-the-internet/


I didnt see this forbes article. Now Im very confused. Would these guys really show their faces for this super scam?

The link is working... This is a real project people...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
mpmsvv
on 24/04/2014, 14:22:26 UTC
People this isn´t an anonymous project.
This is a real project with real people.

You can check the news http://www.forbes.com/sites/kashmirhill/2014/04/08/beyond-bitcoin-crypto-ownership-companies-hope-youre-ready-to-decentralize-everything-on-the-internet/