What are CloudCoins?
The First-Ever Cloud-Based Digital Currency and is not a CryptoCurrency.
CloudCoins provide a theoretically "perfect” Global Digital Currency that cannot be counterfeited, double-spent, mined or lost. Your exchanges are 100% private, requiring no public ledgers, accounts, or even encryption. CloudCoins form a monetary system that is absolutely fair and ethical and requires no special software or downloads, and, like the Internet itself, cannot be brought down by governments, hackers or even nuclear weapons. This level of security is provided by the patented RAIDA technology.
CloudCoins are composed of codes embedded in files, stored on paper or remembered in your mind. These codes can only be used once and then they change making it so that CloudCoins cannot be counterfeited, mined, double-spent or destroyed.
When CloudCoins are spent they are authenticated by the RAIDA which changes there authenticity numbers so that only the new owners knows them. This authentication process takes place in parallel where the users Internet browser (such as Google Chrome, Internet Explorer, Firefox, Safari) contact twenty five Clouds of servers (all at once instantly). Because each RAIDA authenticator has only one state - CloudCoins cannot be double-spent.
CloudCoins consist of 3,200 bits of secret data that only the owner knows. These bits are written into jpg images or in text files that can be stored on your computer and sent to your people by Client Software, Email, Skype, SMS, Facebook or even by regular old paper mail.
How to use CloudCoins
When you want to buy something, you will share the secret numbers with the seller. Now you and the seller know the numbers. Anyone who has the numbers can change the numbers using the RAIDA. There are servers on the Internet that work with other servers to create fault-tolerant storage systems called Clouds. The RAIDA is made up of 25 Clouds located all around the world in different jurisdictions and run by independent RAIDA administrators.
The goal at the CloudCoin Consortium is to make a digital currency accessible and usable for everyone regardless of experience. We believe that a digital currency should be easy to use by people from every walk of life as well as have the best security and privacy available anywhere.
If I send my friend a CloudCoin who lives in another country thousands of miles away, only RAIDA knows money has moved from one person to another. It doesn’t keep a transaction record and both sender and receiver have the benefit of the same kind of anonymity that they would have with a paper currency … actually better. With the newest developments resulting from RAIDAtech research, CloudCoins can be certified as being true before you send them and before you accept them. This ensures that there is no question of what was sent and that everything is legitimate.
We create the NEW CloudCoin Wallet Software with "Trusted Transfer" technology which is also known as the SkyWallet. Trusted Transfer will not allow you to send counterfeit coins. Trusted Transfer will not allow you to receive counterfeit coins. This means that we can send and receive coins without any risk of someone falsely claiming that they received counterfeit coins. You can certainly use Trusted Transfer whenever you send coins to someone you do not trust.
You do not have to provide any private information to send money. To send money, you do not even need to register or become a member with a username and password. Sending money is completely anonymous.
However, receiving money requires that you have wallet which contains a CloudCoin. When you set up a SkyWallet with a CloudCoin you can use it to securely send and receive CloudCoins with another person without even needing to use email.
You can associate a friendly name with the CloudCoin serial number that is used in your wallet and personal DNS server, and you can have a DNS server of your choice. Right now, the development team is offering names on the Skywallet.cc domain for free.
In addition to having a Sky Wallet, you have a personal wallet. This is where you keep your CloudCoins and manage your accounts. Inside your personal wallet, you can have multiple sub-wallets to use for different purposes. You might want one for business and one for personal needs. You might want another for savings or for the kids. There are many possible uses. The wallets and sub-wallets look much like an online checking account that has a section for checking, another for savings, another for credit accounts, etc. There are developments in progress that will allow you to automatically transfer data to spreadsheets and to automatically set up payment schedules and send funds on the dates you select. Again, this is much like an on-line banking system. Since the goal of CloudCoin is to have a perfect currency, CloudCoin will always be working to increase functionality and usability.
As an option, if you register an email for your account, you can avail yourself of the immediate lost coin retrieval service that is now in place. You do not need to provide your real name, and we suggest that you use an encrypted email service such as Protonmail.com that you can open free of charge.
An encrypted email account also allows us to send you notifications and important updates.
What is the RAIDA
RAIDA: (Redundant Array of Independent Detection Agents)
The Indestructible Global Counterfeit detection system used by CloudCoin, it cannot be tampered with or hacked. It is made up of 25 independent RAIDA network administrators (Sentinels) which guard as many as 800 Independent Detection Agents.
The RAIDA was designed to be a Global Counterfeit detection system. RAIDA is Quantum safe, self-healing, simple, fast and reliable, the RAIDA can detect the authenticity of a CloudCoin within milliseconds.
RAIDA operates at least 41,000 times more efficiently than legacy blockchains and has no built-in fees.
The RAIDA technology can be used for lots of other things in addition to CloudCoin.
RAIDA is ideal for any enterprise exploring blockchain but disheartened by blockchain's shortcomings. RAIDA is more scalable, faster, more secure, more affordable and eco-friendlier.
Unfortunately, the hype surrounding the blockchain has not been the reality. As I said earlier, if it was all that it was claimed to be there would not be a need for something like RAIDA and CloudCoin.
But to be fair, blockchain does have some major advantages over older centralized systems and there are some definite uses where it could be of value. But blockchain technology has been hampered by the inability to work on larger scales, its unreasonable transactional times, and its overly complex and time-consuming consensus paradigms.
To put this into perspective, even though blockchain is still in its infancy, less than about 1% of the population have wallets, let alone use them on a consistent daily basis. Large blockchain applications are already consuming more electricity each day than is used by many nations. That is very expensive, and is already immensely harmful to the environment. That’s not to say that there hasn’t been progress made in the application of distributed ledger technology, because there has been, as evidenced by the hundreds of different variations that have popped up to solve one problem or another. But overall the improvements have not come close to solving blockchains' fundamental weaknesses.
How is the value of the coins determined
The market cap should probably be based on how many coins are in circulation and not how many coins have been created. This is the more conservative approach.
No one individual sets the value of CloudCoin. They are worth different amounts to different people and this value can change dramatically over time. Right now CloudCoins are worth something to some people. The value of CloudCoin will always be based on Supply and Demand. There is no limit to how high or how low CloudCoin can be worth. The value is set by the Market.
How to store the CloudCoins safely
You can leave the CloudCoin in ProtonMail because it is encrypted and safe. Alternatively you can copy the cloudcoins to USB pendrives and one external HDD with copies of your CloudCoins for safer-side and most important. We propose to keep the USB pen drives in a hard box safely to avoid any damages, USB drives people tend to use roughly and loose it or damage it.
Frequently Asked Questions...
Can one export in 100s denomination if they only have 250 denomination?
CloudCoin has successfully implemented a first-in-history digital "change" system. This allows us to have a discrete digital currency that uses different denominations efficiently. Suppose you are selling something for 245 CloudCoins but all I have is a 250 CloudCoin note? Not exact change. We can tell my CloudCoin wallet to send 245 and the wallet will automatically go to a public change service (of your choice) and have the 250 broken down into smaller denominations. Then the wallet will send the 245. You will receive your money within four seconds. No logins or accounts required. It took us two years and four different methods to make it work but now it is done for works excellent! Our dedication and work has made this possible! We can all be proud to be part of this historically significant breakthrough.
Is there an iPhone app yet?
We have a web application that it seems we can convert to an Android and iPhone app. It allows someone to get a free CloudCoin by signing up for our email list and then use that cloudcoin as a CloudBank address or Skywallet.cc address. Then they can receive and send CloudCoins very easily. The application will allow people to turn a QR code into a CloudCoin. So imagine that you open a box of cookies. At the bottom is a QR code. You scan the code and now you have CloudCoins in your phone. This will be the easiest system ever. For now you can use the WebSafe option for iPhone.
Hello, I bought a Cloudcoins want to ask! The coins will be widely used anywhere or traded on stock exchanges? Is the price of them will grow without bidding?
Developers are near to finalizing the business logic of a peer-to-peer exchange for CloudCoin and other RAIDA-based assets. The next steps include designing interfaces and graphical elements and incorporating payment systems. The P2P exchange will be one of two types of exchanges expected to launch soon.
New Roadmap for Liquidity is almost developed. This is a plan that will allow anyone to convert anything to cloud coin and visa versa. This plan depends on the CloudCoin Wallet to or a web-client to work. Once we have this and the CloudCoin Wallet, we can go gang busters on liquidity. Liquidity breeds liquidity so we will provide all the tools to make it easy.
CloudCoins are much easier to exchange than other electronic currencies. We expect CloudCoins to be widely accepted in short time because they are so much better than cryptocurrencies. Soon you will be happily benefits the good result of buying CloudCoin.
You do not rely on a "public ledger". You do not need exchanges. With CloudCoin there are many options. You can use Skype or another face-to-face software to share a desktop and transact. You can send them over email, Facebook or USB drive. You can buy and sell them instantly with PayPal. You can use your cell phone and you do not need to be a smarty with computers or software. If you trust the people you are doing business with, you do not even need a computer.
Are the transactions private?
It's totally private and 100% Anonymous (Unique to CloudCoin)! With CloudCoin, there is no information linked to users. The only data RAIDA records is the last year and month (not the day or time) a unit was spent and this information is overwritten every time the unit is spent. It is impossible to link any person to any expenditure.
Can I know how trusted is RAIDA?
The essence of money is that it cannot be counterfeited. The purpose of money is to help us economize. The value of money is based on its physical and logical integrity (trust). CloudCoin take trust to the highest level ever. Using the patented RAIDA technologies (The patent is to keep others from locking us out of the technology), independent system administrators from all around the world leverage thousands of servers and networks to create an unbreakable system that nobody and nothing can dictate. Note that the RAIDA does not create, store, transmit, track or broker CloudCoins or eCurrency. The only function of the each RAIDA Cloud is to detect the authenticity of a CloudCoin.
How secure thus RAIDA against any attacks?
We start by building on the TCP/IP protocol that forms the Internet. This technology was developed in order to allow messaging even while nuclear bombs wipe out major parts of the world's communication networks. TPC/IP is a nuclear-proof technology. The Internet has never gone down on a global scale.
Do you have other Technology used in RAIDA to insure the security of Cloudcoin?
On top of this, we use SSL technology. HTTPS SSL (Secure Sockets Layer) is the standard security technology for establishing an encrypted link between a web server and a browser. This link ensures that all data passed between the web server and browsers remain private and integral. SSL allows you to know that the servers you connect to are in fact the servers that you want to connect to. RAIDA only uses HTTP Strict Transport Security and only passes data that is impossible to infer. RAIDA's HTTPS usage is scientifically un-hackable and there are no known vulnerabilities.
I observed that you are using CDN may I know what it is and its functions?
A content delivery network (CDN) is a system of distributed servers (network) that deliver Web pages and other Web content to a user based on the geographic location of the user, the origin of the web page and a content delivery server. Our CDN also provides DDoS protection (our enterprise-class DDoS protection network has 20 times more capacity than the largest DDoS attack ever recorded.)
Can you tell me the structure of CLOUDCOIN?
Each CloudCoin has 400 bytes of random numbers embedded in them. These 400 bytes are divided into 25 slices (also called stripes). Each slice of numbers is called an AN (Authenticity Number). There are 25 RAIDA clouds called Sentinels who provide RAIDA Resolution. Each of these Sentinels is dedicated to handling one of the CloudCoin's authenticity numbers. Each Sentinels knows the secret locations (IP addresses) of 32 RAIDA clusters (Detection Agents). Each of the 32 RAIDA clusters is designed to handle one or more of the "Shards." There are a total of 800 RAIDA Shards and 25 RAIDA Sentinels per RAIDA network.
How strong is RAIDA from highly trained hackers?
Each RAIDA network is composed of many redundant servers, networks and databases. Such arrangements of hardware are often referred to as Clouds. No matter what components fail or are attacked, the system keeps going. The databases are mirrored in several different physical locations. There are teams of Web servers for high availability. Multiple locations allow for catastrophic failures (such as a meteor strike), yet the system can stay operational. It is highly likely that the RAIDA Clouds will become the target of thousands of highly trained hackers from around the world. Governments may move to suppress RAIDA servers. It is also likely that the RAIDA will be targeted for Denial-of-Service attacks by the worst attackers imaginable. However, the RAIDA Clouds will survive.
How does RAIDA Self-Repair Protocol (Triple Kerberos) functions?
Sometimes, the Sentinels will be unavailable. When unavailable, Sentinels are restored or replaced. The CloudCoins can repair them because all the authenticity data is stored in the CloudCoins themselves. The repair protocol cloud be called "Triple Kerberos" because it uses three tickets. Kerberos is a network authentication protocol that works on the basis of 'tickets' to allow nodes communicating over a non-secure network to prove their identity to one another in a secure manner. It is designed to provide strong authentication for client/server applications by using secret-key cryptography. RAIDA does everything that Blockchain does, only much faster, more reliably and far more efficiently. RAIDA is scalable and more nodes and networks can be brought on to perform all the world's transactions within milliseconds. Work is distributed among more nodes instead of requiring each node to do more work (like Blockchain). The cost of operating one network is $40,000 per month as the requirements for the servers are very small. All data can be stored in RAM. RAIDA is 100% quantum-safe and does not use encryption. The system is fault-tolerant and can withstand government attacks, natural disasters, hackers and even internal subversion. RAIDA is ready for retail and does not require any client download except for a Web page or small client software (under 1 megabyte)
How do Independent Detection Agents works?
Each Sentinel and Detection Agent is controlled by a different person. Each Sentinel may use a different algorithm for dividing the load among the Detection Agents. Some Sentinels may shard (divide by rows) the CloudCoin authentication data between the Detection Agents. Some Sentinels may use a hash or random lookup table to divide the load. Detection Agents may not know the serial numbers of the CloudCoins that they are detecting. When random lookup tables are used, it is impossible for RAIDA administrators to assemble the CloudCoins back together. Only Sentinels can do this. Independence: RAIDA Clouds operate under different controllers not beholden to each other but instead are peers (equals). They can use whatever technologies they like, such as Linux, Windows, PHP, C#, Java, Apache, Tomcat, IIS, MySQL, Microsoft SQL, Oracle, etc. Distributed: With few exceptions, RAIDA Clouds are located in different liberal nations. The word "Liberal" is used in the classical meaning of the term used by Philosopher John Locke to describe nations that protect life, liberty and property. This guards the RAIDA against the actions of governments. Because the speed of electricity can circle the globe in milliseconds, there are no performance issues. Redundant: RAIDA Clouds all do the same basic job. In theory, they could all go down and so long as one still works, the CloudCoins are good. Fixability: It is assumed that RAIDA Clouds will go down completely and have all their data hacked. That is why it is possible to simply discard RAIDA Clouds and rebuild new ones somewhere else. The CloudCoins themselves hold the data. CloudCoins have a grade based on their redundancy and these grades can be improved by fixing themselves on broken RAIDA Clouds.
What is the function of RAIDA Sentinels?
Each CloudCoin can be sliced into 25 parts. There are 25 sub-clouds (called "crypts"). Each is responsible for one CloudCoin slice. One Sentinel cluster guards each crypt. The Sentinel clusters hide behind Content Management Systems. Sentinels are dispersed around the world in countries that are mostly liberal. The Sentinel IP addresses are hidden and only the Content Management Systems know their IPs. The Sentinels each hold a directory of all the IP addresses of the detection agents in their crypt. Only the Sentinels know the IP addresses of the detection agents so the locations of the detection agents are obscured. The Sentinels will query the Detection Agents on behalf of the CloudCoins to detect Counterfeits and fix fracked coins.
How fast is RAIDA Authenticity Detection Protocol processing?
The RAIDA protocol is an extremely light protocol that requires only milliseconds to execute, and sends and receives just a few hundred bytes of data. Clients send authenticity requests in parallel to 25 RAIDA clouds. Thanks to the speed of light, it only takes milliseconds for signals to travel to the other-side of the planet and back. Each RAIDA cloud responds with either "pass" or "fail". The RAIDA protocol requires no sessions or cookies. The conditional GET method is used to reduce unnecessary network traffic.
What if you lose your CloudCoins?
If you can remember your serial numbers and the month and year you lost them, they can be recovered if you file a loss claim. We assume that if you know the serial numbers along with the month they were lost, they must be yours if they haven't been spent for two years. So we give them back to you! We recommend use the Backup copy of your CloudCoins, you can find that option in our New Client Software. The Backup - is an exact copy of an original file that can be used to restore information that has been lost, misplaced or erased.
I Lost my coins because of my Antivirus activated what will I do?
Hi, we will make a lost coin report for your issue it will automatically return to your bank after 2 years as a standard processing of a lost coins. And next time kindly deactivate first the antivirus once you will import coin to your bank. Thanks
Hi I tried to save my jpeg file coins in my import file but my computer erroneously got shutdown when I restart my computer my coins was lost already. What will I do?
Good Day don't worry we will try to recover your lost coins. We will try to resend it with you in your ProtonMail just inform me once you had successfully receive you coins. The CloudCoin Consortium recommends that you get a free encrypted ProtonMail.com account. ProtonMail is the only safe way to receive CloudCoins via email.
Hello can you help me I erroneously deleted my jpeg file CloudCoins, is it lost already?
Don't worry we will try to recover your lost coins and send it in your mail. Please watch our youtube info videos on how to import CloudCoins safely to prevent lost of coins. Thanks.
What will be happened if my hard disk will be burned, i will lost my coins too?
However, if you can record your serial numbers in another place that is safe, then you can tell us that your hard drive burned and we can recover your CloudCoins for you after two years.
If you can recover a “lost” coin after 2 years of not being used then who is to say that someone does not hack the system and call all coins as lost? And at that point the codes can be changed and the coins “recovered” but 2 years is just a number you thought up. This idea seems to create a sinister tone with people. What is the logic behind it all?
The RAIDA is unhackable in the same way that Bitcoin's Blockchain is unhackable. If it was hackable, then it would not be of much use. The RAIDA can recover lost coins in the same way that the Blockchain can create new coins. Does it not sound sinister that the Blockchain pays for itself by allowing so called "miners" to counterfeit new coins? RAIDA miners cannot counterfeit new coins, they can only mine for lost coins. This is a good thing because Bitcoin users have lost between 4 and 6 million Bitcoins permanently. If the amount of coins lost exceeds the coins mined you don't have a currency. The purpose of money is to accurately account how much work each of us has done. Monetary systems are a "proof of work" system. CloudCoin does this better by helping people who lost their coins to recover them. CloudCoin also pays for the infrastructure (So it is free without fees) by allowing RAIDA miners to recover lost coins. Recovering lost coins is a value to our society and worthy of reward.
Would you describe this coin as decentralized? Since coins can be recovered there must be a central point that where that data is stored.
CloudCoin is decentralized. There is no center to CloudCoins that if taken out would destroy the coins. While it is true that RAIDA miners would need to send all their lost CloudCoin shards to have someone put them together, this someone could be anyone. Some shards could be sent to one group, other shards could be sent to another group. The process of putting together lost coins cannot be ended.
May I know the total minted CloudCoins? and The Units of Some Package Coins?
There are 1,428,160,512 CloudCoins or roughly (1.4 billion). However, like regular money, CloudCoins come in denominations. So there are actually only 16,777,216 CloudCoin notes registered in the RAIDA. The denominations are as follows:
There are 2,097,152 Ones
There are 2,097,152 Fives
There are 2,097,152 Twenty-fives
There are 8,388,608 One-hundreds
There are 2,097,152 Two-Hundred and Fifties.
I have a question from someone that I can’t answer. My understanding is that there were 1.4 billion coins minted. No more. But the FAQs says that there are exactly 16,777,216 units and this cannot be increased or reduced I am presuming that a “Unit” is some package of coins?Can you please clarify?
There are 1,428,160,512 CloudCoins or roughly (1.4 billion). However, like regular money, CloudCoins come in denominations. So there are actually only 16,777,216 CloudCoin notes registered in the RAIDA. The denominations are as follows: • There are 2,097,152 Ones • There are 2,097,152 Fives • There are 2,097,152 Twenty-fives • There are 8,388,608 One-hundreds • There are 2,097,152 Two-Hundred and Fifties. Let me know if you have any more questions or concerns.
Hello, may I know if CloudCoins cannot be counterfeited or double-spent. How it works?
Yes, CloudCoins are composed of codes embedded in files, stored on paper or remembered in your mind. These codes can only be used once and then they change making it so that CloudCoins cannot be counterfeited, mined, double-spent or destroyed. The total amount of CloudCoins in the cloud never changes - except if CloudCoin becomes too valuable and then everyone's CloudCoin is doubled. Unlike Bitcoins that can are mined into existence, CloudCoins were minted and then the mint was destroyed. There are exactly 16,777,216 units and this cannot be increased or reduced because the number is based on the length of the Serial Number in bits. When CloudCoins are spent they are authenticated by the RAIDA which changes there authenticity numbers so that only the new owners knows them. This authentication process takes place in parallel where the users Internet browser (such as Google Chrome, Internet Explorer, Firefox, Safari) contact twenty five Clouds of servers (all at once instantly). Because each RAIDA authenticator has only one state - CloudCoins cannot be double-spent unlike Bitcoins which have beendouble-spent.
Hi Do I need to make an account for CloudCoin for it to be private? can you explain?
No need because Transactions are not tracked in Blockchains! There are no public ledgers! Blockchains such as Bitcoin are Pseudo-Anonymous; you have to create an account and download software as well as a huge public ledger. Your account information is available to the public. All they have to do is link you to the account number by getting at your software. With CloudCoin, there is no information linked to users. The only data RAIDA records is the last year and month (not the day or time) a unit was spent and this information is overwritten every time the unit is spent. It is impossible to link any person to any expenditure.
Is CloudCoin users friendly is it easy to buy, spend and sell? Do I need to special software for me to used it easily?
You don't rely on a "public ledger." You don't need exchanges. With Bitcoin, you have to create an account and download software as well as a huge public ledger. With CloudCoin there are many options. You can use Skype or another face-to-face software to share a desktop and transact. You can send them over email, Facebook or USB drive. You can buy and sell them instantly with PayPal. You can use your cell phone and you don't need to be a smarty with computers or software. If you trust the people you are doing business with, you don't even need a computer. We also have an easy-to-use classified website so you can sell your products and services for CloudCoins. Make purchases and get work paid in CloudCoins!
Good Day can I ask if CloudCloin must requires encryption?
CloudCoin is the first Cloud Currency and is not a CryptoCurrency. CloudCoin gets its value from 400 byes of random numbers embedded in JPEGs or text files. A less secure option is to store your CloudCoins on paper by printing them as Barcodes or QRs, or by remembering them as a passphrase in your head. These numbers can be checked for authenticity by RAIDA (Redundant Array of Independent Detection Agents) technology. RAIDA is the world's first decentralized authentication system. It is distributed among over 25 different countries and governed by the CloudCoin Consortium, an independent consortium of members using a patent-pending revolutionary process. Clouds are highly redundant stores of data that can survive huge attacks without going down. We place clouds in Taiwan, Japan, Philippines, Australia, Canada, US, Mexico, Venezuela, Brazil, Argentina, Britain, Sweden, France, Germany, Switzerland, Greece, Italy, Russia, Romania, Hungary, India and South Africa. They could all go down and so long as one still remains, the CloudCoins are safe. If and when they do go down, they can be replaced and repaired.The data is actually stored within the CloudCoins themselves and each CloudCoin has the ability to heal any servers that may fail.
Was CloudCoin can be steal or lost compare to bitcoin?
Bitcoins can be stolen. CloudCoins can, too, but not if you encrypt them! Unlike the Bitcoins that are stolen over the Internet, CloudCoins can be backed up and encrypted so that they are worthless to any would-be hacker and the owner is protected. Why is it that all data in the world can be protected from theft by encryption except for CryptoCurrencies? But what if you lose your CloudCoins? If you can remember your serial numbers and the month and year you lost them, they can be recovered if you file a loss claim. We assume that if you know the serial numbers along with the month they were lost, they must be yours if they haven't been spent for two years. So we give them back to you!
What was the infrastructure of CloudCoin?
The infrastructure of CloudCoin is self-funded by allowing Quorum members to jointly scavenge lost CloudCoins (CloudCoins that have not been spent or checked in years) to pay for their operations. How it works? This feature also allows you to recover your lost CloudCoins. If you lose your CloudCoins, put in a Loss Report and if the CloudCoins are not spent within two years, you can reclaim them! Unclaimed lost CloudCoins pay for the system. Every time someone takes ownership of CloudCoins, the month and year is stamped on each of the 25 RAIDA server data structures. This is the only data that is collected about authentication. The RAIDA servers are independent and do not exchange information except for information about CloudCoins that have gone two years without being authenticated. It is assumed that these units have been lost. The RAIDA operators send their data to a central repository where it is put together to recreate the lost CloudCoins. The recovered CloudCoins are then distributed among the 25 Quorum members to pay for their operations. That makes the system free for all forever!
Hi, can i ask if CloudCoin can be embedded to jpg images?
You can make the JPEG any image you like! It's fun! Express yourself! Use them to advertise your services or products. Or you can print them out and stick them in your wallet just like any other money. Want to save them in your brain so no one can hack them? You can do that! Just write the Serial Numbers down and create a sophisticated pass phrase, and don't forget it! You can go to our Web page that allows you to add your CloudCoins to any JPG. Do anything you want with them! You can put as many CloudCoins into any image that you like. Each image is like a wallet.
How Secure is CloudCoin then Bitcoin?
CloudCoin cannot be counterfeited, damage, hacked nor be lose even nuclear bomb cannot destroy it because we are using RAIDA to know more abour RAIDA plese check above data explainer for your info. Bitcoin can be counterfeited or hacked because they are using blockchain that can be manipulated and can be break by Quantum Computers it is design to break encryption and blockchains.
Is it hard to transact with CloudCoin just like Bitcoin its so hard to download notes it takes me 2 days to finish is it the same with CloudCoin?
No because CloudCoin is Scaleable the more notes you transacts the more fast it can process not like bitcoin it is not scaleable you will take to much time to transact there system.
Hi, may I know if CloudCoin is possible for conscientious attacks? Specially in high level Hacker using high powered servers?
It is not possible for them to hacked because CloudCoin is not Blockchain cryptocurrency like Bitcoin where it is so possible to hacked.
Hi, I'm a Bitcoin investor. I got drain with too much server to invest just to be able to mine bitcoins is it the same with CloudCoin?
Yeah, thats the problem of Bitcoin you need to buy tons of server to be able to transact properly you need much of money to invest but here in CloudCoin is so cheaper you can save much money in CloudCoin because RAIDA is thousand dollar cheaper than Blockchain and more fast and effective. Efficiency is one thing that really sets CloudCoin apart. RAIDA operates at least 41,000 times more efficiently than legacy blockchains and has no built-in fees.
The average Fortune 500 company employs 50,000 workers and their average payroll is $38 million every two weeks. Those companies currently pay at least $1 per employee, per pay period, to their HR people and their banks just to process paychecks or direct deposits. This equates to approximately $1000,000 per month. If they decided to switch to a digital currency, fees would still be close to that level (the average bitcoin transaction fee is $0.64 and could involve a long wait), or about $64,000 per month. With CloudCoin, they could do it totally free while transacting 23,000 times faster and trillions of time more securely. All while promoting environmental responsibility.
For more info you can check our website. Thanks.
Hello what was the difference between bitcoin and CloudCoin in terms of Software required?
In Bitcoin you required a wallet to store you coins but in cloudcoin no special software needed.We are developing a Web page that will allow you to Pown (password-own) your CloudCoins. Until the Web page is finished, you will need to download client software but it is a very quick download.
Good day. I'm a bitcoin holder im so busted in there public ledger is it the same in CloudCoin? Do you need public ledger in all transactions?
There is no public ledger or centralized database in CloudCoin because we are using RAIDA. please see RAIDA details above description.
How was the Privacy of CloudCoin compare to Bitcoin?
CloudCoin is 100% Anonymous and Bitcoin is Pseudonymous / Pseudo-Anonymous. CloudCoin may be the most private currency ever created in human history. This is because there is no public ledger that requires accounts and because CloudCoin can be sent like cash over a computer using encrypted channels.
Hi guys may I know what are the privacy of CloudCoin?
1. We do not collect any information about anyone.
3. Every time a CloudCoin is authenticated, the month and year of the authentication is recorded.
4. If you lose CloudCoins, it may be necessary for you to give us an email address for us to attempt to recover them and return them to you.
5. Other websites, such as classified "Craigslist" types, may collect information in order to allow you to trade with others. These are not our systems.
Welcome to the world's first Cloud Currency!
Also you can find more information about our technology under the links:
BEYOND BITCOIN Part I
BEYOND BITCOIN Part II
BEYOND BITCOIN Part III
BEYOND BITCOIN Part IV
BEYOND BITCOIN Part V
BEYOND BITCOIN Part VI
BEYOND BITCOIN Part VII
BEYOND BITCOIN Part VIII
BEYOND BITCOIN Part IX
BEYOND BITCOIN Part X
BEYOND BITCOIN Part XI
The secrets of money have been discovered.
Monetary systems are, in fact, information systems. They are accounting systems that help humans economize. Like all animals, humans must economize to survive. Monetary systems allow each of us to make decisions to coordinate our actions and to optimize.
Join computer scientist Sean Worthington as he shows you the possible futures of digital currencies. One where prosperity explodes and people live free and in control of their lives. Another future where blockchain socialists track every purchase you make and take your money to give to others.
Read about Worthington's invention: CloudCoin that provides a theoretically "perfect” global currency that cannot be counterfeited, double-spent, mined or lost. With CloudCoin your exchanges are 100% private, requiring no public ledgers, accounts, or even encryption. CloudCoins form a monetary system that is fair and ethical and requires no special software or downloads, and, like the Internet itself, cannot be brought down by governments, hackers or even nuclear weapons.
In this articles, we will explain why people must be interested in digital currencies. We will cover the problems that digital currencies face. And we will tell you how these problems have been solved by this new counterfeit detection system, and how RAIDA technology has been used to create CloudCoin.
Thanks to all that you with us!
To be continued..........