Cloud Currencies do not depend on encryption but on redundancy along with a patent-pending distributed authenticity protocol. CloudCoin™ is the first and only of its kind yet.
Yes, they are easier to buy, sell and trade. They cannot be mined, counterfeited or double-spent. They are more private, more secure and more fun.
The RAIDA was created in October 2016 and passed all checks on March 15th 2017. RAIDA has never gone down and the most RAIDA that have ever been off line at the same time is four.
The secret to CloudCoin is the CloudCoins themselves. The 25 authentication clouds are located in 22 different countries and managed by independent operators. Governments would have to shut down all 25 clouds in order to stop CloudCoins from authenticating. If one RAIDA cloud is brought down, others pop up to replace it. As time goes by and the value of CloudCoins grow, the number of servers will grow to 6,000.
The Cloud Currency Consortium tries to improve the value of CloudCoins. The RAIDA (Redundant Array of Independent Detection Agents) cloud is not owned or controlled by anyone or any entity. It is in the best interest of all these people that their part of the RAIDA cloud is independent and available.
In order to hack CloudCoin the hackers would need to take control of a majority of the RAIDA servers. It is highly unlikely that this would happen because RAIDA servers under attack could simply be shut down and repaired if damaged.
We are developing a classified system to allow for searchable public registry of those who will accept CloudCoins to help you spend them.
You can sell your CloudCoins on-line assuming you have a PayPal account or other bank. You may also accept electronic checks. You may also request cash, check or coin be mailed to you and send CloudCoins upon receipt. CloudCoin was designed to allow for easy escrow service so this is another option for riskier purchases. Each CloudCoin has an escrow password that you can use to identify yourself as the owner. This is necessary for an escrow account but is not necessary for regular transactions.
There will be hundreds of websites you can go to. You can load your JPEG’s into your browser and they can be checked for authenticity. You can also download Apps for your PC, MAC and phone that do this. You can go to this site https://cloudcoin.digital/detect to check your coins if authentic.
Find someone who takes CloudCoin. Check that your CloudCoin is authentic by going to a website and authenticating. Then send the CloudCoin to the merchant. Wait for them to take ownership. If they say they can’t take ownership then immediately re-authenticate your CloudCoins. If it fails then they have taken ownership and are lying. Otherwise expect them to give you the merchandise.
RAIDA – Redundant Array of Independent Detection Agents
RAIDA is a global counterfeit detection system that is indestructible and cannot be tampered with or hacked. Neither nuclear bombs, comet strikes, world wars, dictatorships nor government hackers can bring down RAIDA. Quantum safe, self-healing, simple, fast and reliable, RAIDA can detect the authenticity of a CloudCoin within milliseconds.
We will email you .stack file within 48 hours of receiving your payment.
Contact your seller, and let them know the CloudCoins were shown as counterfeit when you Powned them.
CloudCoins can be stored on flash drives, external hard drives, in Cloud storage, or anywhere that you can store digital data.
We accept, Bank Wire Transfer, Check, or Money Order.
Because there is not a set price for CloudCoins. The price at which they are sold is left completely up to the seller.
Protonmail is an encrypted email service, and it’s the most secure way to send and receive CloudCoins, which is why we recommend Protonmail to all our customers.
CloudCoins can be purchased in 1’s, 5’s, 25’s, 100’s and 250’s.
It only takes milliseconds to verify the authenticity of a CloudCoin.
Yes, you need a connection to the internet in order to contact the RAIDA, which is necessary to authenticate your CloudCoins.