Tor is used on heaps of coins, and encrypted video,voice and IM are a big deal, lite wallet for android, IOS that stakes and contains all the before mentioned features plus zk-SNARKs is a big deal.
I'm even more skeptical now because you didn't even bother to link to an explanation of how zk-SNARKS could possibly be used to prove key ownership.
At least wave your hands or make excuses. But don't ignore the question.
[addendum]Chat, video, phone calls, smoke signals absolutely do not matter to people who care about anonymity and security.
[addendum 2]XC Tor stick is still vaporware:
http://xc-official.com/xc-tor-stick/ A.I find it odd that you're debating and attempting to belittle a holder based on your assumption that Ryno and the Shadow team are incapable of developing zk-SNARKs into a working crypto. Everything developed here (Shadow) were firsts for crypto (PoS) - Android, iOS, Dual-Key Stealth (authored and open-sourced). Whitepapers always come with new technical releases and not prior. This project functions like a real software project, not a crypto meth lab. Why? Because the Ryno is a real developer, with a heavy background in the financial software development - specifically internet banking infrastructure.
My question to you: Why would he pre-release the blueprints for one of the biggest advances in cryptography since Bitcoin?
If you're a cautious investor, then wait until it gets released (with WP) and panic buy with the rest of the sheep. On the other hand, if you want to find out more information hop into IRC #shadowcoin. The closest you'll get to a spec prior to it's release is the statement below from Bitcoinist. This industry is cut throat and most of the other "developers" are shameless as fuck. This coin has already been cloned about 5 times in the last few weeks.
B. Ownership Solutions
There are different solutions one being coinwitness. If you actually took the time to research this project, or have spoken to someone on the dev team prior to posting here would know that a whitepaper comes with each new technical feature release. Products that are announced are already in the test cycle. Shadow doesn't pre-announce vaporware here. Devs are in IRC pretty much 24/7.
3. How does your privacy methods differ from other methods?"Our solution (ShadowSend) is completely trustless and it allows automatic creation of new addresses for each transaction. It does not rely on any other nodes to deliver the transaction, so its instantaneous. In addition, the transaction sizes are small, so blockchain bloat wont be an issue.
Furthermore, with our upcoming trustless zk-SNARKs implementation, coin values will be hidden on output transactions to stealth addresses and a proof will be included in the transaction. The benefit of having the values hidden in transactions: no one would be able to trace outputs back to the Coinbase."
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http://bitcoinist.net/shadow-coin-developer-interview/
C. Private Comm.
You're arguing that chat, video, phone calls that are anonymous do not matter to people who care about "anonymity and security" Lulz. That makes absolutely zero sense. You also state that communication has no value to a cryptocurrency and is a "gimmick" feature.. Man you really have no clue about business do you? The primary factor in a financial or private commerce ecosystem is secure communication between parties. You could have the most secure coin but something like e-mail, txt sms or a call could compromise the transaction or the negotiations. If you look at the preview you can send funds right through the ShadowChat. If you can't see the value or the innovation here then I don't know what to tell you.
P.S. If someone mentions TOR as an innovation for crypto here on Bitcointalk, I'm going to take another break from the altcoin section. The ignorance here shines brighter than anywhere else on the net. Even one of the Bitcoin core developers agrees with me:
https://twitter.com/TrolIsRoyce/status/507365985247301632