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.
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