CloakCoin
| Last updated | 8 hours ago |
| Price per CLOAK in USD | $ 1.4687583074217 |
| Price per CLOAK in Bitcoin | 0 |
| Volume over the last 24 hours | $ 1,299 |
| Market cap in USD | $ 8,939,358 |
| Change in % over the last hour | 0.0142559 |
| Change in % over the last 24 hours | -7.42903736 |
| Change in % over the last 7 days | 279.48507655 |
| Block chain updated | 18 hours ago |
| Block height | 6238246 |
| Difficulty | 0.00042559 |
| Current supply | 6086313.2939944 |
CLOAK specifications
| Name | CloakCoin |
| Symbol | CLOAK |
| Minable | No |
| Algorithm | X13 |
| Prooftype | PoW/PoS |
| Block explorer | CLOAK block explorer |
| Bitcointalk | CLOAK bitcointalk |
| Homepage | CLOAK homepage |
Coin description
CloakCoin is a privacy-focused cryptocurrency designed for secure and anonymous transactions. It operates on a proof-of-stake (PoS) consensus mechanism, allowing users to stake their CLOAK tokens to validate transactions and secure the network. CloakCoin emphasizes speed, privacy, and usability.
CloakCoin Privacy Features
CloakCoin incorporates advanced privacy technologies like onion routing and encrypted transactions to protect user identities and activities. Its Enigma feature enables private transfers between users, ensuring confidentiality. For example, merchants can accept CloakCoin payments while safeguarding customer privacy.
One of CloakCoin's strengths lies in its focus on anonymity. By providing tools for secure communication and transactions, it empowers individuals seeking privacy. Keywords like CloakCoin privacy and anonymous transactions are closely tied to this project.