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CloudCoin to be accepted as payment at virtual mall

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XYZBUYS.com will become the first online retailer to accept CloudCoin as payment. Implementation is expected within the second quarter of 2018.

XYZBUYS is the anchor tenant of a virtual shopping mall along with 130-plus name brand and specialty retail stores featuring over two million products, in additional to products and services offered by hundreds of XYZ affiliates.

CloudCoin lead scientist Sean Worthington discussed this major advancement on a recently aired “The XYZ Radio Show” on iHeart Radio.

Cloud-Currency Expert Sean Worthington is Guest on “The XYZ Show”

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CloudCoin continues the series of successful media appearances over the United States introducing the RAIDA technology and presenting the updates of our journey to create the perfect digital currency. Sponsored by XYZBUYS.com, “The XYZ Show” is pleased to announce that Sean Worthington, cloud-currency expert and initiator of the “CloudCoin”, will be the featured guest. The “XYZ Show” airs on AMFM247.com this Saturday, 3/31/2018, at 9:00 AM EST.

XYZBUYS is the anchor tenant of a virtual shopping mall along with 130+ name brand and specialty retail stores. Rooted in community, XYZBUYS encourages everyone to take initiative for their career and financial future.

CloudCoin is not a Security

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We are almost eleven months into the CloudCoin experiment and it has been a great success. We can see that there are on average close to 5,000 transactions every day and growing. These transactions happen completely anonymously and within seconds. This next year promises huge advances CloudCoin use throughout the world.

However, there is at least one person, or small group of people (mostly Italians) who somehow got the idea that CloudCoin was a security. They believed that CloudCoin was run by a company and the owner is Sean Worthington. They bought CloudCoins as an investment and are angry because they were unable to sell their CloudCoin for a profit on an exchange. They call CloudCoin a scam and its inventor a clown.

10 reasons why CloudCoin is better than Bitcoin and will dominate the world of digital currencies

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If you are not living under a rock you already know at least one or two things about the newest stars on the internet – Blockchain and Bitcoin (traded as BTC). There are public listed companies nowadays which added Blockchain to their name and became 300% more valuable in the span of just few days. The absolute harsh reality is that 95.89% of Bitcoins are owned by 3.47% of the wallets (September 2017 stats) this meaning at the end of the day that the owners of the wallets can manipulate the price of Bitcoins.

Also, for a transaction of $5 in Bitcoin equivalent the fees are $20 in average which makes a daunting task for BTC to be mass adopted in retail. If you also add the fact that it takes hours to even days to have a transaction confirmed then you simply understand that Bitcoin failed big time in becoming a mass adopted currency. The major payment platform Stripe announced recently that will stop processing Bitcoin transactions on April 23, 2018. Stripe staff anounced this on the blog: “Over the past year or two, as block size limits have been reached, Bitcoin has evolved to become better-suited to being an asset than being a means of exchange. Given the overall success that the Bitcoin community has achieved, it’s hard to quibble with the decisions that have been made along the way. (And we’re certainly happy to see any novel, ambitious project do so well.)

This has led to Bitcoin becoming less useful for payments, however. Transaction confirmation times have risen substantially; this, in turn, has led to an increase in the failure rate of transactions denominated in fiat currencies. (By the time the transaction is confirmed, fluctuations in Bitcoin price mean that it’s for the “wrong” amount.) Furthermore, fees have risen a great deal. For a regular Bitcoin transaction, a fee of tens of U.S. dollars is common, making Bitcoin transactions about as expensive as bank wires.

Because of this, we’ve seen the desire from our customers to accept Bitcoin decrease. And of the businesses that are accepting Bitcoin on Stripe, we’ve seen their revenues from Bitcoin decline substantially. Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense.” Read here the entire article on Stripe’s blog! 

CloudCoin launches in Beta the automated exchange CloudCoin.exchange

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The beginning of 2018 brings a major leap in the development of CloudCoin – one of the most innovating projects in the digital currency space, the launch in Beta of the automated exchange CloudCoin.exchange. The digital currency CloudCoin runs on RAIDA, the only functional alternative to Blockchain solving three major problems faced today by the Bitcoin users:

1. CloudCoin transactions are 100% anonymous compared with Bitcoin ones where all the transactions can be tracked via the public ledger.
2. CloudCoin transactions are instant, compared with Bitcoin ones which can take hours and even days to be confirmed by the network;
3. RAIDA is fully scalable where scaling Blockchain is like wanting to build a Tesla car on the chassis of a car from the ’90.

Since the beginning of the early adoption in March, thousands of people from all around the world were exposed to the technology and also had the opportunity to become owners of CloudCoins. And many of them expressed interest to start trading their CloudCoins which helps the liquidity of the digital currency and leads to an increased market value for CloudCoins. 

Sean Worthington Interviewed on The Blaze National Radio

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Sean Worthington, Leader of the CloudCoin Consortium was interviewed on The Blaze Radio, a nationally syndicated radio program. During the interview Sean Worthington talked about potential issues with Bitcoin as well as his proposed solution: CloudCoin, a digital currency created to counter these perceived design flaws in Bitcoin. CloudCoin purportedly offers a much faster transaction time and anonymity while not requiring a giant server farm to keep it going. Listen here for the whole interview.    

Sean Worthington, RAIDA and CloudCoin’s founder was recently interviewed by Todd “Bubba” Horwitz (replay link)

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Sean Worthington, the founder of RAIDA technology and CloudCoin just started a massive radio and podcast interview tour in USA right before the  publishing of his first book (more details soon about the book). Todd "Bubba" Horwitz, the host of the popular financial radio show "The Bubba Show"  was the kickstarted of the radio interview tour and click here so you can enjoy Sean's interview. This will give you more updates about the current state of CloudCoin, Sean's vision and why it is the best moment for you to involve in owning CloudCoins.

Now it’s the people that know the money own it

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“In the past, the people that had the money in their wallet (had) physical ownership,” Sean Worthington, the founder of RAIDA and CloudCoin said during the recent interview with Chicoer.com. He continued: “Now it’s the people that know the money own it.”

It takes only 16,777,216 CloudCoin notes to change the world of digital currencies. Be part of the change!

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On August 8th, 2016  Sean Worthington minted 16,777,216 CloudCoin notes and
registered them with the RAIDA. The denominations are as follows:

RAIDA has a new logo

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RAIDA (Redundant Array Of Independent Detection Agents), the powerful proprietary technology powering CloudCoins has a new logo.