||A digital ledger in which transactions are recorded chronologically and publicly
||A Redundant Array of Independent Detection Agents: globally dispersed; self-healing; cloud-based; tests for authentication of CloudCoins; does not track transactions
||Blockchain process takes between 15 and 45 minutes (or more) to make changes to the Blockchain
||RAIDA process takes less than 2 seconds to authenticate a CloudCoin
||user's 32 byte private keys
||400 bytes of unguessable authenticity numbers (like DNA), which change with every owner
||The Blockchain Ledger was 100GB as of 1/16/2017 and continues to grow as transactions are added. Expected to grow too large for most hard drives within a few years... and keep growing.
||Fixed size: 500MB per RAIDA Cloud; never grows or shrinks
People are authenticated. People have accounts and may have many accounts
||CloudCoins are authenticated. CloudCoins have accounts; People trade ownership of CloudCoin accounts
|Number of Accounts
||Number grows as people create accounts. So too does the size of the Blockchain
||Number of accounts fixed at: 16,777,216 (a 24 bit number)
||Each person has one or more accounts and each account changes values
People exchange account ownership and each account (CloudCoin) is worth a fixed amount. Denominations are: 1s, 5s, 25s, 100s, 250s
||The Blockchain is protected from hacking by encryption. Quantum computers run by governments most likely can already crack the Blockchain's encryption
||A CloudCoin note holds its own information. Authentication data is globally spread out (stripped or shredded) across 25 Clouds per network
||Requires Bitcoin Miners to crack codes faster than the next computer
||25 random GUIDs* are sent from the CloudCoin to the RAIDA in parallel. (*Globally Unique Identifyer)
||Accounts never expire. Money can be lost forever
||Accounts (CloudCoins) expire after two years, if not authenticated. Lost money can be recovered by owners
|Account Setup Time
||Accounts require 3 to 4 days to set up. See:
||No accounts required. CloudCoin accounts are self contained. This allows for instance use
|Public Ledger of All Transactions
||Uses Public Ledger which is available to the entire world including the KGB, CIA, China etc.
||There is no public ledger or centralized database. See:
What is the RAIDA? (Unique to CloudCoin)
||Hundreds of millions already lost. See:
And Mayhem In The Bitcoin World
||Hacked RAIDA servers can be fixed by CloudCoin owners (Unique to CloudCoin)
||Bitcoin is funded primarily by Bitcoin miners who allow their servers to be used publicly. Anyone can be Bitcoin
||CloudCoin authentication by RAIDA Administrators is funded with CloudCoins that have been completely lost or
abandoned and recovered by the CloudCoin Consortium. RAIDA Administrators must be Certified by the CloudCoin Consortium
(Unique to CloudCoin)
||Huge computers requiring huge amounts of electricty are required
||The RAIDA infrastructure is very inexpensive; runs on many small clouds
||Blockchain uses technologies that will not be practical in the future. Try for yourself, but be ready to spend days downloading software and creating accounts.
||The RAIDA does everything the Blockchain does, only much faster and more reliably. Try it. Spend $5.00 and see what it's like.
Learn more about the RAIDA here!.