If you visualise the chart its quite simple to understand how it works.
Heres my questions for "The Dagger and Alty" regarding the Q/A sesson for the whitepaper and anonmity:
1. Doesnt this mean that the anonmity process is centralised, the exchanges acting as the centralized based.
2. How will the protocol know which addresses belong to the exchanges?
3. Doesnt this mean anyone with a high amt of Cloakcoin unintentionally become an exchange?
Please post your questions guys, stop posting bullshit.