Whats up fellow Crypto-heads and Blockchain enthusiasts! Today’s Two-Minute Token talk will be on one of the OG privacy coins!
CloakCoin (CLOAK)
For this two Minute Token Talk, we'll be taking a look at CloakCoin!
The Must Know Info!
- Launch Date: June 2014 (re-vamp in October 2016)
- Launch Price: ~$0.18 USD
- Current Spot Price: $3.58 USD (July 30, 2018)
- Market Rank: 309th (July 30, 2018)
- Market Cap: ~20 Million (July 30, 2018)
Some Quick Thoughts
Being a project from the pre-ico era that made it out of the woods, CloakCoin has a special place in my heart (we're a big fan of time-tested and established projects if you can't tell lol). But the biggest thing that keeps me coming back to CLOAK is the unparalleled privacy and anonymity features. As many of you know, ZEC was my first crypto, so privacy coins have always been of interest to me. While Monero may head the pack in Marketcap, the onion routing style stealth transactions on CLOAK's Enigma network quite simply blow other privacy coins out of the water in both anonymity and transaction speed.
Part of that transaction speed is influenced by the fact that CLOAK is also entirely migrated to a proof-of-stake ledger system! This may not seem like a huge deal now, but in the future as Crypto pushes mainstream, I believe there will be a renewed concentration on improving the energy usage of blockchain ledgers and that proof of stake networks will be an integral part of that change.
Anywho, hope you enjoyed this little snippet on CloakCoin, and remember to check back in for our in depth look at CLOAK later this week!
Also, if you have a coin you'd like to learn about, an aspect of a certain project you'd like discussed, or even an entire point of comparison you think we should add to our coin tutorials, let us know in the comments!
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Thank you for the quick intro into the coin, I'm hoping that when you do your full description later in the week That you'll tell us about the application And some of the adopters that have used it already. After all they've around for bunch of years And should have A Large following already. Looking forward to it thank you again .
I definitely shall! If you check out our profile we've actually got an interview with a local guy down here in Miami that accepts CLOAK at his specialty beer company!
I may be Bearish on most things in the crypto space, but I feel about CLOAK like I do about ETH. Ether being below BTC is crazy to me considering the number of other projects built on it, and Monero and ZEC being over CLOAK seems nuts considering how much worse their "private "TX's are lol
its like looking at crtpto20...it should be the haven dor long term hodlers
For real, Ive been saying the same thing about ethereum for ages.
Nice post
Upvote me back
nice crypto
please please please help me and like my videos
I checked out your page, I highly suggest creating more organic content. STEEMIT is a place for users to get their own stuff out there, not repost on a decentralized platform to sidestep content copyrights! I'm always game to help promote other steemians, but you gotta be playing the honest hand!
Nice my friends im Gona keep reading your post, they have good
Informations
Thanks Gabriel! We should have some more great content about CLOAK up here on friday!
Great my friend i hope you hace nice night
Nice Information..Thanks
Always glad to help!
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@cryptoplayhouse Do you think bitcoin can cross All time high price this year ?
you did it on my blog stop, i gave you this sticker....
I think its possible, but realistically I do my best to stay away from price predictions. Going mainstream takes time and we're here for the long haul, not the instant cash out and run.
that was click spam.....
same question sent to anyone with
tag altcoins cryptocurrency or bitcoin
dont upvote flag them
Can you talk about the latest coin that we can join before they airdrop
Coins mentioned in post:
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