True global transaction freedom...
Cloag is the fastest, most secure way to transact cryptocurrency using blockchain technology and truly next-gen ENIGMA encryption to create fully private transactions. Fly free with Cloag.
Why CLOAG?
Overview
CLOAG provides a more secure and private world of currency transactions
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Lightning-fast
Experience almost instant transactions. No more waiting for slow blocktimes or network transactions to take place.
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Earn rewards
Everyone can earn more with Cloag. 6% annual interest is rewarded for simply staking your coins in your wallet.
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Untraceable to you
Cloag has onion-routing privacy set to default, or switch on state of the art ENIGMA for the ultimate in cloaging.
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Community focused
We live and breathe community and rely upon active participation and volunteers to help the project. Get involved.
Privacy
Open source
CloagShield utilizes end-to-end encryption and delivers secure communication out of the box, allowing nodes to circumvent traffic analysis. Combined with ENIGMA, it is the crème de la crème for privacy, utilizing up to 25 hops using symmetric RSA encryption backed by an ECDH key exchange.
Open source is important to Cloag as it provides complete transparency and the ability to peer review the software. Users can have complete faith that the software is continually reviewed for bugs, tracking, malware or any other unwanted software.
Key features
Enhance your privacy
Introducing
Enigma
If you need the ultimate in transaction privacy, you need ENIGMA...a unique, advanced, private & secure transaction system from the Cloag Team allowing Cloag Coins to be sent anonymously, while avoiding the need to 'trust' other nodes not to steal funds or leak sensitive information.
Benefits
Rewards and circulation
Earn from PoS (Staking)
+6%p.a.
CloagCoin is a pure proof-of-stake (PoS) cryptocurrency that offers an interest of 6% per annum on staked coins. Should they wish, users are also eligible to a share in the network's linear fee from 0.2% (>1000 coins) to 1% (0 coins) fee for their support towards ENIGMA transactions. It’s more energy efficient than mining and it’s easy to earn more Cloag by simply placing coins in your wallet.
Limited circulation
Cloag is designed to be a rarity and is such limited in supply, offering excellent potential to currency holders. Increasing circulating supply is minimal, raised by a theoretical maximum of 6% p.a. in line with rewards. Typically, this is a much lower % in reality, so the coin does not suffer from over-inflation and remains a scarce commodity.
Specification
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