UK-based cryptocurrency CLOAKCOIN is ready to take on the so-called anon coin market currently being dominated by the latecomers like Monero, ZCash, and others.
There are also examples of many people abusing the anon coin market to turn it into an “easy come, easy go” market by creating Ponzi-like schemes around it. These fraudulent actions on their part have given the whole cryptocurrency market a bad reputation among serious investors.
Unlike a majority of cryptocurrencies, CLOAKCOIN is a mature and serious contender, prepared to lead the anon coin market. Since the development of CLOAKCOIN was taken over by a dedicated team of enthusiastic organizers, coders and investors, it has turned into a highly sophisticated tool for private, secure and untraceable transactions.
The CLOAKCOIN team has implemented a unique off chain peer-to-peer coin mixing arrangement called ENIGMA covered by a TOR like onion routing system named CLOAKSHIELD. The strong and independent technology introduced by CLOAKCOIN contains no master nodes, encryption that can’t be forced and no traceability guarantees anonymity for all transactions while addressing issues like fungibility and more.
Based on POS Consensus algorithm, the cryptocurrency offers an interest of 6% per annum to every hot CLOAKCOIN owner. In addition, they are also eligible to a share in the network’s 1.8% transaction fee for their support towards ENIGMA transactions. CLOAKCOIN’s easy to use wallets are already available on multiple platforms, with support for more operating systems to be added soon.
Best of all, where many other coins offer command line interface wallets which are hard to handle by the average user, CLOAKCOIN offers GUI based wallets for all major platforms which are easy to install and easy to run as you can see in this Windows Wallet v220.127.116.11 screenshot.
These developments are reflected in the cryptocurrency’s price that is currently stable in the range of 0.0002 and 0.0003 BTC. The CLOAKCOIN team has already forged new cooperations and partnerships with different payment services and investors. In addition, the team is also launching new updates and PR campaigns, which is set to push the cryptocurrency’s price further upwards in the near future.
The following releases are expected shortly:
• Update Windows Wallet;
• Update Linux Wallet;
• Update Mac Wallet;
• New Release Mobile Wallet/HTML Wallet;
• Raspberry Pi Preconfigured Low Cost CLOAKCOIN Minting & Enigma Earning Station.
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