So I kinda came across Cloakcoin recently and started looking into it.

I didnt really know much about it, but apparently its a privacy coin and has been around for a pretty long time. It uses something called ENIGMA for private transactions.

What I dont really understand is why nobody seems to talk about this coin anymore?

Like is Cloakcoin actually good or am I missing something lol

I also found it trading on FreiExchange against BTC:

https://freiexchange.com/market/CLOAK/BTC

The trading volume looks really low, which makes me wonder if this is just a dead project or if it’s one of those old coins that people completely forgot about.

I know theres a lot of privacy coins out there, but the idea of having a privacy focused coin seems pretty interesting to me.

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