Cloakcoin

Cloakcoin

CLOAK
$0.177261135%63.34

Key Metrics

Price$0.177261135
Real Volume (24H)$0
Marketcap$1,067,933.41
Fully Diluted ValuationN/A
ATH$31.28
ATH Date1/2/2018, 3:00:00 AM
ATL$0.00301783
ATL Date5/28/2020, 11:24:10 AM
Circulating Supply5.9M
Total Supply4.5M
WebsiteN/A
WhitepaperN/A
Popularity Rank2335
Chart
What is Cloakcoin?

CLOAK, launched in June 2014, is a well-known provider of open-source blockchain solutions that make use of ENIGMA® technology. This technology is designed to make transactions completely confidential, and it has been successful in achieving this objective. CLOAK's technology is decentralized, secure, reliable, and scalable, making it a popular choice among users.

The Proof of Stake protocol, which is used by CLOAK, is designed to reduce operating costs and carbon footprint. This has made CLOAK a popular choice among those who want to participate in the cryptomarket while keeping their carbon footprint low.

CLOAK uses onion routing enabled by default with ENIGMA® technology, which is a unique feature that makes transactions completely confidential. The CloakShield® function, which is combined with ENIGMA®, offers end-to-end encryption and direct and secure communication. This ensures that nodes can evade traffic analysis, and transactions remain completely confidential. The use of up to 25 jumps with symmetric RSA encryption and ECDH key exchange further increases the confidentiality and security of transactions.

With annual interest rates of 6%, anyone can generate Cloakcoin, making it accessible to all. The aim of CLOAK is to enable computer and smartphone users to participate in the cryptomarket with complete security and without fear of unwanted hacking or multi-channel spying activity.

CLOAK is a reliable and secure blockchain solution that provides complete confidentiality and security to its users. The use of ENIGMA® technology and the Proof of Stake protocol have made CLOAK a popular choice among users who want to participate in the cryptomarket without compromising on security and confidentiality.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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