CloudCoin Weekly Bulletin 77

Design samples show new client software wallet functions

The CloudCoin 'advanced client' software incorporate a wallet that makes it easier than ever to transfer funds. It allows users to send CloudCoins to each other quickly and safely through Trusted Transfer accounts. Internal testing is ongoing and the software should be released in May.

Earth Day highlights eco-benefits of RAIDA and CloudCoin

Earth Day was marked internationally April 22, and it is a fitting time to reflect on the positive contributions RAIDA technology can make toward environmental protection. The waste and inefficiency of bitcoin and other blockchain endeavors are estimated to annually consume more 70 terawatt hours (TWh) of electricity, which is more than the entire nation of Ireland, with Bitcoin alone accounting for 57 TWh . A single bitcoin transaction uses as much energy as 300,000 Visa transactions. Cryptocurrency mining creates as much as 15 million tons of carbon dioxide , the same as 1 milllion cars. The blockchain proof-of-work mining process also creates tons of waste in the form of discarded ASIC hardware, power supplies and cooling equipment that often has a lifetime of a year or less.

RAIDA-based technology uses just the smallest fraction of the energy required by blockchain and is at least 41,000 times more energy efficient. RAIDA nodes can be completely solar powered. CloudCoin transactions require exchange and authentication of tiny 400-bit files, while bitcoin requires universal updates of its 160 GB blockchain. CloudCoins aren't mined and there's no special equipment going to landfills. CloudCoin is the only eco-friendly digital currency.

News Roundup

TechCrunch: Attorney General alledges $850 million crypto fraud Hard Fork: Drug dealers who relied on Bitcoin’s ‘anonymity’ get 30 years behind bars Phys.org: New robust device may scale up quantum tech Info Security: Quantum Computing and Cryptography Fraud and deception is impossible with CloudCoin, and CloudCoin is the only truly and fully anonymous digital currency. The advent of super-powerful quantum computers is coming sooner than anyone had predicted. CloudCoin is the only quantum-safe digital currency.

Life isn't all about digital currency...

This was a great week for hockey fans in two of the regions where the CloudCoin Consortium has key operations, with two dramatic Game 7 wins Thursday during the first round of the NHL playoffs. The Carolina Hurricanes upset the defending Stanley Cup champion Washington Capitals in the 'Canes first playoff appearance since 2009. They advance to face the New York Islanders for an Eastern Conference semi-final series.

The San Jose Sharks defeated the Las Vegas Golden Knights, the reigning Western Conference champs after scoring an amazing four goals during a single third-period power play opportunity. The Sharks will battle the Colorado Avalanche in second round action.

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Follow @CloudCoinConsortium on Twitter for news and updates. # cloudcoin #raida # postblockchain #digitalcurrency #futuremoney

Want to work for the Consortium? We're hiring!

The CloudCoin Consortium is on the lookout for proven, experienced and qualified individuals with a passion for digital currency. There are both full-time and part-time openings at California HQ and remote. Attorneys/Paralegals Grant Writers Software developers/programmers Software testers for all operating systems Minecraft developers/modders Electron programmers HR/personnel professionals Accounting/bookkeeping professionals Marketers, social media pros and PR experts Software solutions salespeople Filmmakers and video specialists Writers and bloggers Click 'reply' with a resume or CV to inquire or visit our Careers page.

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We now have the graphic design of the new CloudCoin Wallet software. It uses the DNS system to allow people to associate a friendly name with a Trusted Transfer account. This makes it easy to transfer money to others.

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CloudCoin Weekly Bulletin 76

Client software in final phase

The CloudCoin 'advanced client' software is near completion, according to the developers. The User Interface (UI) design is complete. The wire frames have also been completed after months of design, test and re-design. Developers are attaching code for particular software functions. There are a few recovery pages that still need to be added on the back end ,then everything will be turned over to artists to improve the user experience. A test version of the console edition is available on GitHub.

Exchange news

Major developments were announced this week about the creation of digital currency exchanges that will trade CloudCoin and tokenized equities using RAIDA-based technology. The founder of the exchange network was featured on the Digital Frontier News webinar . Initial planned locations include such jurisdictions as Panama, India, then later Colombia and Malta, all of which were described as being very receptive to digital currency trading.

The exchanges will the first and only places to trade post-blockchain properties and further enhance the awareness value of such assets and the advantages of the underlying technology, whether they be RAIDA-based coins ( CloudCoin ) or RAIDA-based assets ( tokenized securities ). The exchanges will also trade existing blockchain-based currencies, meaning users can trade CloudCoin for bitcoin and vice versa. The integration of RAIDA technology with the existing Modulus trading platform could be completed in 60-90 days.

More RAIDA Detection Agents live

The first cluster of RAIDA Detection Agents are now all online. The Detection Agents nodes make the RAIDA network more robust and more secure. There will ultimately be over 800 new nodes (32 Detection Agents for each of the 25 main RAIDA servers). The long-term goal is to even have nodes in space as micro-satellites! Detection Agent owner-operators receive compensation for maintaining node uptime and will receive a percentage share of paid network traffic. If you would like to own a node, email here .

CloudCoin Events

CloudCoin lead scientist Sean Worthington was a featured guest at EOS World Expo this weekend in San Francisco. Sean shared how CloudCoin can be used in conjunction with existing cryptocurrencies to make them faster, safer and more private and will took part in a pitch competition about the RAIDA-based EOSStealth project. Sean has also been invited to return as speaker to FreedomFes t this summer in Las Vegas, where he will join panelists Jeffrey Tucker and Naomi Brockwell, both major names in digital currency. CloudCoin made a big splash as a major sponsor of the event last year.

Ace Fogerson will speak about CloudCoin's role in protecting freedom and privacy during the Libertarian Party convention next month in Wilmington, NC.

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Want to work for the Consortium? We're hiring!

The CloudCoin Consortium is on the lookout for proven, experienced and qualified individuals with a passion for digital currency. There are both full-time and part-time openings at California HQ and remote. Attorneys/Paralegals Grant Writers Software developers/programmers Software testers for all operating systems Minecraft developers/modders Electron programmers HR/personnel professionals Accounting/bookkeeping professionals Marketers, social media pros and PR experts Software solutions salespeople Filmmakers and video specialists Writers and bloggers Click 'reply' with a resume or CV to inquire or visit our Careers page.

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The wire frames for the advanced client UI are done! Months and months of design and testing for usability. Now to sent them to the artists.

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CloudCoin Weekly Bulletin 75

Video: A System Administrator's Approach to Perfecting Capitalism

Watch CloudCoin Lead Scientist Sean Worthington 's latest video, where he discusses how our economic system can be improved by applying to money the same basic rules that computer scientists apply to data. "Money is information and monetary systems are information systems," Worthington says.

News Roundup

More advances in quantum computing were unveiled this week, along with a good analysis of blockchain weaknesses and run-down on major cryptocurrency hacks/thefts. Edgy: New Quantum Computer can Predict the Future Phys.org: Research boosts quantum computer speed IT Pro Portal: A weak link--Is blockchain as secure as we think it is? Coinshark: Top 10 Loudest Cryptocurrency Hacks in History The advent of quantum computing will make encryption (and thereby cryptocurrencies) obsolete. CloudCoin is the world's only quantum-safe digital currency. Awareness is growing about the shortcomings of distributed ledger technology and blockchain-based currencies. CloudCoin solves those problems and is the only digital currency that cannot be hacked or permanently lost.

Upcoming Events

CloudCoin lead scientist Sean Worthington will be a featured guest at EOS World Expo this weekend in San Francisco. Sean will share how CloudCoin can be used in conjunction with existing cryptocurrencies to make them faster, safer and more private and will take part in a pitch competition about the RAIDA-based EOSStealth project. Sean has also been invited to return as speaker to FreedomFes t this summer in Las Vegas, where he will join panelists Jeffrey Tucker and Naomi Brockwell, both major names in digital currency. CloudCoin made a big splash as a major sponsor of the event last year.

Ace Fogerson will speak about CloudCoin's role in protecting freedom and privacy during the Libertarian Party convention next month in Wilmington, NC.

Consortium exploring new structure, jurisdiction

The CloudCoin Consortium is preparing to take on a new structural form and members are exploring options like private membership associations, foundations and other organizational types in a variety of jurisdictions around the globe. The group is weighing advantages and disadvantages of each model and each location. If you're an attorney or entity formation specialist, we'd like to hear your input and can compensate for advice with CloudCoins. Click 'reply' to this newsletter for more information.

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Want to work for the Consortium? We're hiring!

The CloudCoin Consortium is on the lookout for proven, experienced and qualified individuals with a passion for digital currency. There are both full-time and part-time openings at California HQ and remote. Attorneys/Paralegals Grant Writers Software developers/programmers Software testers for all operating systems Minecraft developers/modders Electron programmers HR/personnel professionals Accounting/bookkeeping professionals Marketers, social media pros and PR experts Software solutions salespeople Filmmakers and video specialists Writers and bloggers Click 'reply' with a resume or CV to inquire or visit our Careers page.

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