Cloak | TronCloak - Secure, private, anonymous transactions , HackaTron Season 4!

Would be used for money laundering and crime alot

We have designed the platform with privacy and security as top priorities, and have implemented cryptographic algorithms and one-time-use keys to keep user information confidential and secure. Additionally, we are conducting testing procedures, code reviews, and audits to identify and address any potential security vulnerabilities.
,the Cloak platform has not experienced any reported security breaches to date. However, we recognize that security is an ongoing concern, and are dedicated to continually monitoring the platform for potential vulnerabilities and promptly addressing any issues that may arise.

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Cloak is not designed to facilitate illegal activities. Its simply a tool that allows users to maintain their financial privacy on the Tron blockchain. Its up to the users to ensure that theyre not using the technology to facilitate any illegal activities .

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Where is the private key generated: locally on the user browser, or on the dApp back-end? How can the user be sure that no one else can intercept it, even the team behind Cloak?

Good Question!

The private key is generated on demand by combining the users dontrevealme key with an ephemeral public key using a mathematical process known as elliptic curve multiplication. This process produces a unique private key for each transaction that is not stored in any backend or on the blockchain.

It is important to note that the private key can only be calculated by the user who holds the dontrevealme key, and not by anyone else. This provides an additional layer of security, as it means that only the intended recipient of the transaction can access the funds sent to the stealth address.

Furthermore, since the private key is not stored on any central server or on the blockchain, it is much harder for hackers or other malicious actors to gain access to it. As long as the user keeps their dontrevealme key secure and follows best practices for securing it.

Ok, but on which side is the key generated: on the client side or the server side?

on client side not on server

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We kindly request you to explore our live application, available at https://troncloak.netlify.app/ on the Shasta testnet. We would greatly appreciate your valuable feedback on any usability concerns or potential issues you may encounter. Your input is highly valued and instrumental in further enhancing our product. Thank you for your feedback and support!:pray:

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we are doing a bit upgrade on our User interface. Goal is to make cloaks Ui extremly user-friendly.:heartpulse:

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Dont forget to vote Cloak in defi category
If u have any doubt related to the project make sure to comment here .

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Wishing you all the best cloak team. I hope you come out victorious.

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Thank you for your well wishes! We appreciate your support. @Nana66419

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Before the name of the project, the logo caught my attention. It was a successful design work, but when I wanted to see it on the platform, a simpler screen greeted me.

Maybe you can make your logo the main design of your platform, not just a logo. It looked beautiful when I imagined it. What do you think?

Thank you @Aurora for your feedback! We appreciate your interest in our project and were glad that the logo caught your attention. Were continuously working to improve the user experience of our platform, and the current version you saw is just the initial MVP (Minimum Viable Product). We have plans to enhance the design and incorporate more visual elements, including the logo, throughout the platform as we progress. We encourage you to stay connected with us to witness the evolution of our platform. Your support is valuable to us, and we look forward to bringing you an even better user experience. Thank you for being a part of our journey!

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Awesome Project @maaz! Looks like promising!

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Thanku @strandgeek for the feedback We appreciate your support and love :smiling_face:

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Most people create projects and post them on the forum. But they do not advertise using social media adequately.

I saw you as the first project to share the Twitter account. It is really a logical and clever approach to use social media actively like this. You have put forward a great project, I hope you will get a nice prizes and reach more people with more advertisements.

Best wishes with you. Good luck in competition :dizzy:

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If you appreciate our project, please follow this link TronCloak and vote for us in the DeFi category. :heart:

Thank you for your message and for taking the time to appreciate our approach to promoting our project. Yes, We believe that utilizing social media is an important aspect of gaining exposure for our project. Your kind words mean a lot to us, and we are grateful for your well wishes. We will continue to work hard and strive for success in the competition. Thanks again!

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You are welcome to hackaTRONs4 ! Privacy is very important, with blockchains providing public ledgers and allowing anyone to track transactions, anonymity of the users is also equally important. If Im not wrong even Satoshi visioned bitcoin to be a privacy enhancing DLT. But this was implemented in monero. Also, from what I know even TRON has stealth address but they are very expensive to activate. Your project has created a new for users to maintain their privacy. I wish you good luck for this season and future !

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