FAQ

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General

What is the total supply of Cloakcoin?

In 2014 the initial supply was 4500000 coins, with a 6% yearly inflation the current supply is of Error: no local variable "available_supply" was set. coins.

How long will a transactions take?

The current block time is 60 seconds.

Is Cloakcoin a POS coin?

Yes.

What is the mission of CloakCoin?

CloakCoin is a fast, private, secure, untraceable and decentralized digital payment service, which aims to overcome the limitations of Bitcoin in privacy and speed.

CloakCoin introduces inviolable privacy, unbrakeable security and fast untraceable transactions. Providing to privacy oriented users a tool for global business with reasured performance and privacy thus making them truly autonomous.

On what platforms is CloakCoin available??

CloakCoin is available for: Windows, Linux, Mac iOS, Raspberry Pi and Android

What's the diference between staking and minting?

Minting and staking are the same thing. Essentially its the same as mining but because Cloakcoin is a PoS coin the reward you get from helping the network is based on the coins you hold (minting/staking) not your processing power(mining).

Investiment

How can i buy CLOAK?

You can buy CLOAK from this digital cryptocurrency exchanges:

  1. Bittrex
  2. Livecoin
  3. Cryptopia
  4. LiteBit

Litebit accepts a different number of payment methods. (SEPA, SOFORT, PAYPAL..)