WHAT IS CLOUDCOIN?

Besides Blockchain, there is one data structure that has "Data Supremacy". Data Supremacy is when a database cannot be brought down by hackers, governments, tech giants and even the system administrators that manage it. This data structure is the DNS Root servers that have been up and working since the day they were created in 1985. We call this the "Redundant Array of Independent DNS Agents" or "RAIDA" for short.

CloudCoin uses this RAIDA technology to create an actual cash system that does not have a public ledger. Instead, the data is physical held by the owners just like regular paper cash. Only CloudCoins must be stored on a computer, smartphone or storage device. CloudCoin provides a theoretically “perfect” global currency that is most private, fastest, most scalable, easist to use, most energy efficient, digital currency in the world. It has a fixed supply and is quantum safe.

100% Confidentiality

CloudCoin does not record transactions. There are no user accounts. Authenticity codes are hidden in files. If you have the codes, you own the coins. If you give the file to other people, then they have the codes. Anyone with the codes can can change the codes. So they can change the codes and become the new owners because you no longer know the codes.

100% Integrity

Data Supremacy: The Blockchain has it, so does CloudCoin's RAIDA. The RAIDA is based on the Root DNS servers. "The Redundant Array of Independent DNS Agents". The Root DNS servers have never gone down since the day they were created in 1985. We have a new RAIDA that just authenticates coins and has not gone down since its creation in 2016.

100% Available

Like the DNS system it was based on, CloudCoin can handle the entire world's transactions, and uses less electricity than any other payment system in the world. It is the only coin that has no fees. It is also the fastest payment system in the world and is scalable.

Redundant Array of Independent Detection Agents. The 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, or government hackers can bring down the RAIDA. It is quantum-safe, self-healing, simple, fast, and reliable. RAIDA can detect the authenticity of a CloudCoin within milliseconds.

WHAT IS RAIDA?

COMPARE RAIDA TO BLOCKCHAIN

WHAT IS RAIDA?

Blockchain and the RAIDA are both databases.

DATA SUPREMACY Blockchain and the RAIDA both have data supremacy and cannot be brought down. The only other database in the world with data supremacy is the root DNS system.

PHYSICAL INTEGRITY

Blockchain gains its physical integrity by being mirrored on hundreds of thousands of needlessly redundant "mining" servers. The RAIDA gets its physical integrity by being shredded and sent to twenty-five independent clouds located in different geopolitical jurisdictions worldwide.

DATA CENTRALIZATION

Blockchain centralized its data on one public blockchain. The RAIDA does not centralize the data. With RAIDA, the data in the files are private. This data is only known to and owned by the user. These files are called CloudCoins. Bits of each coin are shredded and distributed amoung twenty-five clouds so that each cloud receives different data, which is meaningless and holds no value by itself.

ACCOUNTS

Blockchain requires every user to have an account on a public ledger and have public and private keys to access permissions. The RAIDA has no ledger. The CloudCoins have accounts, not the users.

PRIVACY

Blockchain is pseudonymous. The RAIDA is 100% anonymous, just like paper money.

SPEED

Blockchain requires transactions to be synchronized over the servers of thousands of miners, and it trades very slowly. The RAIDA authenticates CloudCoins in parallel, and in less than a second.

SCALABILIY

Blockchain is not scalable. The larger it gets, the slower it gets. The RAIDA is scalable and can handle many millions of transactions every day.

ELECTRICITY AND BANDWIDTH

The blockchain network uses terabytes of electricity, comparable to the energy used by a small country. The entire RAIDA network uses less electricity than the average home. Blockchain must use huge amounts of bandwidth to synchronize. The RAIDA uses extraordinarily little bandwidth.

FEES

Blockchain charges fees. RAIDA has no fees.

COIN LOSS

When you lose cryptocurrencies on the blockchain, they are lost forever. RAIDA allows lost CloudCoins to be retrieved. No coins are lost forever.

THEFT

Blockchain uses a private key that has systemic risk of theft. Blockchain is too big to be placed on most computers, so keys must be stored by other people with servers, increasing the risk of theft. The RAIDA has no accounts, and theft can be mitigated. CloudCoins can be stored on any device.

ACCOUNT SETUP

Blockchain requires much time to set up an account. The RAIDA does not require accounts. There is less difficulty or "friction" when using CloudCoin.

SUPPLY

Blockchains often have a dynamic amount of coins that can be mined, thus creating inflation. RAIDA has a fixed amount, and there is no monetary inflation.

DATA & LOGIC

Blockchain combines both logic and data, which constrains what can be done with it. RAIDA separates data from logic. This is incredibly significant and results in things like CloudCoins being able to cross over from the real world into virtual reality, video games, computer programs, spreadsheets, etc. and then be brought back into the real world. This increases value by increasing the usefulness many times over.

QUANTUM SAFETY

Blockchain uses public key encryption that is not quantum-safe, according to the US NIST (National Institute of Standards and Technology). RAIDA is quantum-safe in both storage and transportation. RAIDA does not require encryption to store since it is shredded, and CloudCoins can be transported using AES encryption that is quantum-safe according to the NIST. AES is the same encryption used by the US Government.

FUTURE ROLE

Blockchain was the first digital currency technology. RAIDA is the last because no others are now needed, and nothing could be better.