CloakCoin is an open-source blockchain platform that focus on speed and anonymity in cryptocurrency trading. Its PoW (Proof of Work) block reward is at 496 coins and stops within seven days while its PoS (Proof of Stake) gives a 6% interest per year.
This platform promises lightning fast transactions, with a block limit time of just 60 seconds. The transactions are also untraceable thanks to the platform's onion-routing privacy that is set to default. Security is top-notch due to theShow more [+] d-to-end encryption that enable nodes to avoid traffic analysis. The system also uses 25 hops, that utilize symmetric RSA encryption with ECDH key as a back-up.
CLOAK coin is the native currency of this platform. It is never premined, has good liquidity and utilizes X13 algorithm. The coin is supported by CoinPayments wallet, and is available for trading in Binance, Buyucoin, Upbit, LiteBit.eu, Mercantox and Cryptopia exchanges.
ClockCoin relies on its community's active participation for its maintenance. It also partners with partners promoting crypto business such as Handelsblatt, CCN, NEWSBTC and Forbes among others.