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CloudCoin Weekly Bulletin 138

Quantum computers may end bitcoin,
other cryptos, sooner than expected
A new quantum computer from Honeywell has more than doubled the stable number of quantum bits (qubits) previously achieved by Google and IBM, it was announced this week .

Advancements in quantum computing continue to exceed expectations. Many analysts said it would take a decade before quantum computers reach the 2,500 qubits needed to break bitcoin's SHA 256 encryption. That could now happen within two years.

Quantum safety was a key factor in the creation of CloudCoin, which may well be the only digital currency left after the 2,500 qubit threshold is reached, as all other currencies rely on the kind of encryption that quantum computers will soon be able to breach.

Bitcoin was designed to be able to be mined until the middle of the 22nd century-- quantum computers could not only mine all outstanding coins, but also commandeer the consensus model and make the currency worthless. CloudCoin cannot be compromised by quantum computers and cannot be derailed through consensus.

Next CloudCoin AMA tomorrow
The fourth installment of the CloudCoin "ask-me-anything" (AMA) series will take place tomorrow at 9 am UTC (5 am EDT).

CloudCoin Lead Scientist Sean Worthington will field questions live. The event will be hosted by Coin Keeper on their Telegram channel.

Check out an update from Sean with details about the AMA on CloudCoin's YouTube Channel .

Telegram group launched for CloudCoin traders
A peer-to-peer CloudCoin trading platform has launched on Telegram to connect buyers and sellers.

The closed group requires approved application to join. Contact @bmehta001 via Telegram to participate.

The group guidelines include:
  • Only registered traders who have submitted the P2P registration form for buying or selling CloudCoins will be permitted in the group.

  • Traders who submit the form will be manually invited into the group by our admins.

  • Traders must be pass simple captcha for joining the group.
  • For security reasons, it is a private group only for traders who want to buy/sell CloudCoin in the P2P escrow exchange.

More upgrades for CloudCoin Wallet
The next batch of upgrades to CloudCoin Wallet are in development.

New features expected to be added by August 1 include:
  • Recover by email: Allows users to embed a hash of their email address to the CloudCoin authentication codes, then they can drop lost coins into a folder and recover those coins automatically by email.

  • "Simple" mode: Allows first-time users to create a Skywallet and gives them the ID coin for free. Email recovery will be on by default. Security will be simpler and Skywallet will work like an email inbox by downloading coins whenever checked. Most functions will take place invisibly in the background, with the option to view.
  • RAIDA-X: Allows users to create their own currency. It stores a list of all the CloudCoin serial numbers that are associated with a custom currency. When CloudCoin wallet starts, it can download this list along with custom branding like fonts, colors and images. This has huge potential for anyone who wants to create a unique digital asset.

  • Many improvements to speed, including faster send, receive, and change-making.

  • More color options and a high contrast version for visually challenged users.

  • Health check: Users will be able to have all of their coins detected to make sure they are authentic.

  • File association: Operating systems will open their CloudCoins in CloudCoin Wallet by default (this has already been done for Windows but needs to be done for Mac OS).

  • Distribution and authentication: The CloudCoin Wallet should soon be in the Apple Store so it can be downloaded like all other software there. Digital signatures will be added to the Windows version so that it is not mistaken for a virus.

Visit with CloudCoiners at FreedomFest
Join CloudCoin at FreedomFest , in Las Vegas, July 13-16.

Last week FreedomFest organizers teased about a "very special guest" that they said "requires Secret Service protection."

They've since added two: Libertarian Party presidential nominee Jo Jorgensen and Donald Trump, Jr .

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. In addition, Sean Worthington is among the speakers who will participate in panels and other events.

The venue for FreedomFest was "upgraded" from the Paris Resort to Caesars Palace.

CloudCoin will also be represented at the Libertarian National Convention in Orlando the week before FreedomFest.

You can support CloudCoin on GitHub
CloudCoin founder Sean Worthington invited readers to support the work done by Consortium programmers and developers on GitHub. Twenty sponsors have already signed up.

As Sean previously shared, sponsorship plays an integral role in allowing the Consortium to grow and develop. Some of the Consortium's current goals are to 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.

Protect RAIDA from hackers as a Guardian
RAIDA Guardians operate proxy servers to make RAIDA more reliable and robust, and Guardians 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 receiving more information on becoming a Guardian, please sign up here for an invitation to a members-only Telegram group.

RAIDA Detection Agent program to be enhanced
There are big changes coming for the RAIDA Detection Agent program.

Operators of a new "Enhanced Detection Agent" option will not only make the RAIDA network stronger, faster, and more secure, they can also act as cloud storage servers to facilitate programs such as RAIDA DATA and RAIDA MAIL that are being implemented. The enhanced agents will have different hardware and programming.

Applications for new Detection Agents is currently on hold as the enhanced storage option is tested and fine-tuned, but you can email to be added to the wait list for more information once the new option is implemented.

Detection Agent operators earn a portion of network traffic revenues, as well as a bonus paid in CloudCoins. The storage server operators will have additional incentives. 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.

Educate & enrich with CloudCoin 'Learn & Earn'
Anyone can earn CloudCoins 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. There are also periodic games and other fun activities for which participants can earn CloudCoins.

Happy Birthday, Frédéric Bastiat
June 30 will have been the 219th birthday of French economist, philosopher and statesman Frédéric Bastiat .

The Age of Enlightenment was known for its pamphleteers--but no other writer was as thorough, yet so concise (easily read in an hour) as Bastiat with 1850's The Law .

Bastiat's attacks on state redistribution of wealth as "legal plunder" were beyond prescient. He foresaw the apparatus of the modern welfare state and forewarned of its abuses and expansiveness.

The Law is a must read for anyone who shares the "Liberty, Privacy, Prospertiy" values that CloudCoin is built upon.

Bastiat originated the economic concept of opportunity cost and served briefly in the French National Assembly before his death in 1850 at age 49.

Happy Birthday, Atlas Fogerson
Editor's Note: I couldn't pass up the chance to embarrass my son, Atlas Fogerson , on his 16th birthday today. Time flies. Looking forward to our roadtrip this summer, buddy!

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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