Some more details about the inner workings of CloakCoin’s anonymity features have been released by TheDagger, who is the ,main developer for CLOAK. It’s actually more of a sneak peek of how the beta version works, but there’s some good stuff in there!
Even though it looks very simple on the outside (as you can see in the screenshot below), there is an intricate code making sure the transactions are completely anonymous. Let’s take an in-depth look !
The core components of the website are a public website, an admin website, MySQL database (got to store the data somewhere, right?) and a Windows service used for monitoring deposits and taking care of completing transactions.
The CloakWallet itself, which will just be set up on a HTTPS server for the purpose of testing is running behind the scenes. Once the setup is completed, the live public beta for CloakWallet will begin, which should be at some point over the next few days.
For those CloakCoin users who would like to have an additional layer of security when using CloakSend, an optional Tor proxy function will be implemented. I like the idea of this, what do you guys think?
Screenshot of the CloakSend beta :
We will keep an eye out for more details in regards to this project.
CloakCoin donations are welcome to : CDswzkxhdkK6gY7jwUJnUNQDDGrMZJsrZc