CloakCoin's onemarket (p2p exchange)

Cloak coin has implemented peer2peer exchange in their wallet, check out whitepaper for this “onemarket”:
http://www.cloakcoin.com/onemarket.pdf

Thoughts?

bump

Mining only lasted for 7 days, wow, such a bullshit coin! I think the author got most of coins although no pre-mine or IPO, but this kind of short time POW mining is just like IPO or pre-mine.

which is totally not important, I don’t say care about this coin but see the have p2p exchange integrated in wallet.

  1. could be a scam. Possible

  2. store exchange information in blockchain? I don’t think it a good idea. The performance and blockchain size are main issues.

  1. could be a scam. Possible

  2. store exchange information in blockchain? I don’t think it a good idea. The performance and blockchain size are main issues.[/quote]
    Like the idea of a ledger for the exchange, but it should be in a side chain imo. I think I like Mastercoin implementation better, but didn’t research them both in depth.