Cloakcoin is a new cryptocurrency featuring decentralized, peer-to-peer anonymization via Proof of Stake Anonymity. The coin has since implemented OneMarket, a peer-to-peer, fully decentralized marketplace. The CLOAK token price uses the X13 hashing algorithm and the Cloakcoin price is determined with no pre-mine or IPO. Its founders claim it’s the most secure and fastest method to transact cryptocurrency utilizing blockchain technology and a next-generation ENIGMA encryption to support fully private transactions. Users can expect instant transactions and earn rewards with a six percent annual increase in value for staking CLOAK tokens in users’ wallets.
Source: Bitcoinist - 8 months ago
Privacy-focused altcoin CloakCoin (CLOAK) hit $16 April 18 after the world’s largest cryptocurrency exchange Binance confirmed it had listed the asset. The Long Road From Rags To Riches In a move also confirmed by CloakCoin developers, Binance appeared to reverse the fortune of the stagnant altcoin, which had seen little activity for most of its four years on the market. Issued in June 2014 at $0.18 per token, CLOAK then traded below that rate from
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