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Unlike most cryptocurrencies, CLOAKCOIN is a mature and serious competitor, ready to lead the anonymous cryptocoin market. The development of CLOAKCOIN is handled by a dedicated community of enthusiastic members, coders and investors. It has thus become a highly sophisticated tool for private, secure and untraceable transactions.
At an initial price of INR 449.32 on 1 September 2017 CLOAK was fluctuating and finally traded at INR 472.34 on 30 September 2017.
CLOAK started off at INR 490.48 on 1 October 2017 and was reflecting at INR 339 on 30 October 2017.
CLOAK was INR 309.81 on 1 November 2017 and its price over the following weeks was trading at INR 398.31 on 30 November 2017.
CLOAK started off at INR 461.92 on 1 December 2017 and quickly was seen trading at INR 1977.65 on 31 December 2017.
CLOAK started off at INR 1985.36 on 2 January 2018 and dipped downwards to INR 837.33 on 31 January 2018.
CLOAK started off at INR 790.74 on 1 February 2018 and took a dip towards INR 704.91 on 28 February 2018.
The main objective of Cloakcoin is to provide a coin that allows true anonymity. They work on a completely decentralized anonymity structure, but for the moment, their development team hosts mixing services. Nobody has ever built a decentralized mixing service at the moment. Cloakcoin is not just another Darkcoin clone. They have a fairly elaborate amount of functionality creating its unique anonymity features, such as PoSA. Aside from anonymity, the currency team has put in place an integrated currency exchange that uses APIs for some popular exchanges. The team is working on a new project called ‘OneMarket’ which is an entirely electronic form of e-commerce on the Internet that allows buyers and sellers to trade with each other without having a central point of control. The existing Cloakcoin blockchain plays a key role in the distribution of the ‘public market listing ledger’ through an existing p2p network. OneMarket is designed to be a decentralized, unsecured, self-organizing and self-regulating system to facilitate trading.