Cryptocurrency attributes
Other attributes
Cloakcoin is a open-source cryptocurrency and worldwide payment system. CloakCoin is one of the first decentralized concepts in the crypto market that address Bitcoin's inadequacy in offering true anonymity. By using a algorithm that provides total privacy, Cloakcoin aims to enpower people with financial freedom and data privacy in a simple, practical, economical and virtually instantaneous manner.
Cloakcoin is a dual PoW/PoS (Proof of Work, Proof of Stake) coin, which is now in the Proof-of-Stake (interest bearing) stage.
CloakCoin purpose is to give its owners innate financial freedom. CloakCoin distances itself in supporting activities or malicious elements acting to harm others in any way. The Team repeatedly reiterates that the software should never be used to cause any kind of damage or injury to individuals or organizations.
Since 2014 CloakCoin's motto is: Peace & Love and every official announcement is terminated by this message.
Anyone can generate Cloakcoin with annual interest rates of 6%.
Cloakcoin aims to allow any computer or smartphone user to participate in the cryptomarket with complete security and without the fear of unwanted hacking or multi-channel spying activity.
If you would like to know where to buy CloakCoin, the top cryptocurrency exchanges for trading in CloakCoin stock are currently YoBit, Bitbns, STEX, Mercatox, and TradeOgre.