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CloudCoin is the first fully decentralized, fully private digital asset with ZERO fees and INSTANT transaction time, built on the RAIDA (Redundant Array of Independent Detection Agents). CloudCoin is not assembled on blockchain and has no record of all transactions sent and received. It can be stored online or offline in a wallet, JPEG, PDF, or Stack File and transferred via email, SMS, Cloud transfer, or even on paper.
CloudCoin is a theoretically perfect global currency that is tamper-proof, fraud-proof, and recoverable if lost or stolen. CloudCoin is quantum-safe. Each CloudCoin consists of 3,200 bits of secret data that change when the coin is transferred so that no CloudCoins may be double-spent.
With a starting fixed supply of 16,777,216 coins, CloudCoin is scalable as the value grows. The RAIDA Admins have the authority to vote to split coins (like stocks), creating a copy of all coins belonging to the owners of each coin to ensure equal distribution, with new coins receiving a new serial number. This exists to sustain a sensible denomination for real-world transactions. There is no inflation to the supply and no deflation to the supply. CloudCoin is intended to be the first digital currency that can be used as real-world money.
CloudCoin is environmentally friendly, and the entire network runs on the equivalent electrical consumption of a handful of Tesla Superchargers.
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