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 our California HQ and remotely. Compensation-Is in CloudCoins. *RAIDA network02 system administrators *Social Media pros and community managers *Marketers and PR experts *Content creators *Web developers *Filmmakers and video specialists *Graphic designers *Writers and bloggers *Attorneys/Paralegals *Grant Writers *Software developers/programmers *Software testers for all operating systems *Software solutions salespeople *Minecraft developers/modders *Electron programmers *HR/personnel professionals *Accounting/bookkeeping professionals

16.05.2020

Сloudcoin weekly bulletin 132

RAIDA officially patent officially issued
The United States Patent and Trademark Office (USPTO) officially issued the patent protecting RAIDA and CloudCoin on May 12.

The patent, entitled " Method of Authenticating and Exchanging Virtual Currency, " will be protected from infringement or encroachment for a decade after issuance. The network of distributed, decentralized, and independent servers in Sean Worthington 's patent, is what we now call RAIDA (Redundant Array of Independent Detection Agents).

Check out this blog post for more information.

This is momentous news for CloudCoin! The USPTO approval is a strong affirmation of the value of the underlying protocol as a novel system for authentication, as well as for its use as a blockchain alternative or possible amelioration/supplement to overcome blockchain inefficiencies. This is the first proven technology for digital currency to receive a patent.

CloudCoin to be Gold Sponsor at FreedomFest
CloudCoin will be a Gold Sponsor at this year's FreedomFest in Las Vegas, July 13-16.

This will be CloudCoin's third appearance at FreedomFest, which hails itself as " an annual festival where free minds meet to celebrate 'great books, great ideas, and great thinkers' in an open-minded environment. It is independent, non-partisan, and not affiliated with any organization or think tank."

CloudCoin will have a booth in the exhibit hall and Sean Worthington is among the speakers who will participate in panels and other events.

Winners for CloudCoin AMA announced
Nine winners were announced for the first in a new series of CloudCoin AMA ("Ask Me Anything") May 9. Each winner receives 2,000 CloudCoins.


More than 500 questions about CloudCoin and RAIDA were submitted and ultimately answered, with the winning top questions answered live during the session.

The first session of the "Mission Towards A Fair and Ethical Monetary System" series was on general topics, while Episode II will focus on CloudCoin Wallet software and SkyWallets.

AMA sessions have reached over 120,000 viewers to date.
You can support CloudCoin on GitHub
CloudCoin founder Sean Worthington invited readers to help support the work done by Consortium programmers and developers recently, and already 17 sponsors have signed up.

As Sean shared, sponsorship will allow the Consortium to grow and develop, to help complete the task of becoming chartered as a Swiss verein (non-profit association), to be listed on more exchanges, and to continue to raise awareness about CloudCoin and RAIDA.

Sean became the first sponsor by pledging $100 per month at GitHub.

GitHub is the world's largest suite of tools for open source developers, and becoming part of their sponsorship program is an important step forward.

Upgrades for software and RAIDA system
Version 3.0.2 of CloudCoin Wallet is now available for download
(dark skin only).

The newest version includes Remote Procedure Calls (RPC) that allows anyone to set up a 'cloud bank' server to accept or pay out CloudCoins and let that server communicate with the wallet. It also allows PNG debit cards to be used as the ID coin.

The RAIDA network architecture has also seen improvements, including boosting speed on some operations by 10x. The network is also now better optimized for RAIDA proxy "Guardians" that protect against hacks and attacks.

Protect RAIDA from hackers as a Guardian
RAIDA Guardians operate proxy servers to make RAIDA more reliable and robust, and they can receive 100,000 CloudCoins for participating.

Guardians are a vital part of CloudCoin's global effort to create a perfect monetary system that will increase the freedom and prosperity of everyone, while helping combat authoritarian governments who rely on currency manipulation for their existence.

If you are interested in becoming a Guardian, please sign up here for more information and an invitation to a members-only Telegram group.

The Future Calls for Honest Money
Weekly Guest Commentary
by Vincent Puccio , Consortium Member

Digital currency was born against the backdrop of the fiat currency monopoly that nation states use against their own citizens. The bitcoin Genesis Block in January 2009, had a message referencing the bank bailouts of that time. The United States government has recently infused over $2.4 trillion into the US economy and is promising more. As of May 11, the US debt exceeds $25 trillion dollars and is 117% of GDP The future of the dollar will almost certainly be an inflationary roller coaster as the quantity of dollars increases more and more quickly.  

From the beginning, digital currency promised a future of money which was neither controlled by the state nor inflationary. A currency with a static supply maintains its integrity and cannot be debased by a central bank. Such currencies, like the US Dollar in the 19 th century, are deflationary. The currency’s value goes up over time as more and more people want to use, earn, and save it.

The bitcoin halving has gotten a lot of people excited and talking. The halving is the time when the block rewards are cut in half in order to slow the creation of new coins.There has been wild speculation that the halving would set bitcoin on a meteoric rise to $100K, or $250K. The bitcoin maximalists seem to have unlimited faith in the future of their chosen coin. Of course, this meteoric rise has yet to show itself, and bitcoin remains well below its historic high. The recent halving reduced the block reward from 12.5 BTC to 6.25 BTC. How will this affect the economics of bitcoin mining? If the price of bitcoin cannot establish a new price floor at least at $9,000, will mining farms consider shutting down? They do, after all, want to turn a profit.

The best estimations are that the last bitcoins will likely be mined around the year 2140 and there will only ever be 21 million bitcoins. At the present, 18.5 million have already been mined.
CloudCoin is on a much faster schedule to get all coins into circulation. As of May 2020, 928,304,333 CloudCoins have entered circulation. That is 65% of the total 1,428,160,512 that will exist in February 2022. After that, there will be no more CloudCoins entering circulation.

This current economic crisis is not just a downturn in the economy. The worldwide shutdown prompted by the Corona Virus Crisis is bringing to a head the largest sovereign debt crisis in history. The sovereign debt crisis is worldwide and a making of bad economic theory, namely Keynesianism , and an unwillingness of government leaders and central bankers to accept that the world economic order they want to protect is a fraud. It is a fraud in which dishonest governments use dishonest money to mortgage the future, in order to buy political power in the present.

When the monetary hegemony of the US dollar comes to an end people will look for an honest currency, one independent of state interference and the games central bankers play. CloudCoin is ready to fill that need.
RAIDA Detection Agents earn CloudCoins & $$$
There are still slots remaining for people interested in becoming founding RAIDA Detection Agents .

Operators of these units help make the RAIDA network stronger, faster, and more secure. Operators earn a portion of network traffic revenues, as well as a bonus paid in CloudCoins. Be advised, however, there are a limited number of special "Founders" opportunities available and there are now several clients ready to create traffic on the DA network.

There is also a referral program where you can become a Detection Agent, with zero licensing fees, simply by referring potential operators.

Email for more information about becoming a Detection Agent operator or joining the referral program.

Total social media followers passes 70,000
Consortium social media followers passed 75,000 as marketing outreach continues.

Join the CloudCoin Learn and Earn group (see next article) to be a part of this growing community.

The chart below, tracked by Consortium statistician Mike Bulbuck , shows continued growth among Twitter, Instagram, LinkedIn, and YouTube followers, with the most dramatic growth among CloudCoin Telegram groups which now have over 16,000 followers.

CloudCoin Weekly Bulletin readership, too, continues to grow, with over 6,200 new subscribers in the past 30 days.

Educate & enrich with CloudCoin 'Learn & Earn'
Anyone can earn CloudCoin while learning about this next-generation digital currency and the underlying RAIDA technology.
To start earning CloudCoins, first join the CloudCoin Learn and Earn Telegram group .
 
CloudCoins are being awarded to everyone who installs CloudCoin Wallet and tells their friends about it. 
 
$1000 worth of CloudCoin is also being awarded to participants who ask the best questions during the upcoming five-episode, "Ask Me Anything" series.
Happy Birthday Ivan Sutherland
Tomorrow, May 16, will be the 82nd birthday of computer pioneer Ivan Sutherland , the "father of computer graphics."

Sutherland invented Sketchpad in 1963, the very first graphical user interface (GUI) which influenced virtually every element of how computers, video games, and digital devices are used today.

He has received the 1988 Turing Award and the 2012 Kyoto Prize among many honors and holds seven patents.
All CloudCoin related links in one place!
Can your talents help make a difference?
Are you interested in using your talents and experience to make a difference? Do you have a passion for learning about the revolutionary new world of digital currency? Would you like to connect with like-minded, liberty-loving people from around the globe?

Consider joining the CloudCoin Consortium. There are opportunities available in numerous capacities. Whether you can spare a few hours a week or devote several hours a day working from the privacy and comfort of your own home, or are available to join us in our California HQ, we encourage you to apply. If you have experience in any of the following fields, visit our Opportunities page with a resume or CV.

  • 3D artists
  • Mobile App developers
  • RAIDA network02 system administrators
  • Social Media pros and community managers
  • Marketers and PR experts
  • Content creators
  • Web developers
  • Filmmakers and video specialists
  • Graphic designers
  • Writers and bloggers
  • Attorneys/Paralegals
  • Grant Writers
  • Software developers/programmers
  • Software testers for all operating systems
  • Software solutions salespeople
  • Minecraft developers/modders
  • Electron programmers
  • HR/personnel professionals
  • Accounting/bookkeeping professionals
 
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