Tag: Cloakcoin

Bitcoin ≠ Eco-awareness – A bill that won’t work out in the long run Solution = Proof-of-Stake

Background: Bitcoins are created by solving highly complex computational tasks, and the computing power provided by them. This requires special computers with expensive, extremely fast processors, which have been specially installed for this purpose. To incentivize these acquisition costs, to mine bitcoins and thus to operate the network, the procedure Proof of Work (POW), better known as Mining, was established. With additional Bitcoins the network rewards the miners for their …
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Which Privacy Cryptocurrency is the Most Undervalued Right Now?

CLOAK is one of the few strongly privacy driven cryptocurrencies out there. And privacy is the last human right we have forgotten to fight for. CLOAK is also incredible, because it rewards every single coin holder that wishes to participate in maintaining the CLOAK transaction system called ENIGMA – something none of the top cryptocurrencies do for their users. Before the following description of CLOAK, in advance big news has …
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