Bulletin #91
CloudCoin Wallet beta release date August 11
Consortium developers plan to release the beta version of CloudCoin Walletin just over a week, on August 11.

"This has been a long process, but I am confident the results will be worthwhile," Consortium Lead Scientist Sean Worthington said, "Many thanks to everyone who did bug testing and filed reports."

Skywallet is an important new component in the wallet software, Worthington said. It enables CloudCoins to be used more efficiently, including making change, accepting payments for merchant sites, exchanges, stores and allowing currency to crossover into video games and other programs.

"This application provides the ability to rapidly and securely transfer authentic coins from person to person. No email or other file transfer systems are needed. What makes Skywallet so powerful is that like RAIDA, it cannot be brought down because, like RAIDA, Skywallet has data supremacy," Worthington said.

How-to-videos and guidebooks for the new software are under development.
CloudCoin Wallet features and new functionality

  • Allows users to send CloudCoins to each other quickly and securely through Skywallets
  • Enhanced UI/UX with similar look and user-experience across platforms (Windows, Android, Mac, etc.).
  • Optimized efficiency that reduces measured CPU usage to 0%
  • A vault to eliminate any possibility of theft
  • Ability to automatically recover coins by email
  • Easily make change/split notes
  • Support for collectibles, a decentralized exchange and ATM functionality
  • Support for merchant services
  • Crossover currencies for games and other apps
  • Multi-fix functionality that can fix thousands of fracked coins within seconds
  • Multi-language support/localization

Referral Program

A referral program will be part of the launch of the final software version. Plans include incentives for referring friends, for downloading the software and for correctly answering quiz questions about its functions and features. Tens of thousands of CloudCoins will potentially be given away, so stay tuned for more information about how you can join in to spread the word.
Huge bonus offered to RAIDAtech investors
Crowdfunding investors can now receive a major premium for investing inRAIDAtech , the private company that develops new applications for RAIDA technology, but the offer is only good for one more week, through August 9.

Each dollar invested will be matched with 100 CloudCoins, RAIDAtech CEOSean Worthington announced this week. Worthington also said he expects the company to make announcements about soon about major partnership agreements.

The crowdfunding offering page has information about the company, applications and its potential, including the $1 trillion-plus market for RAIDAtech applications.

The offering page features a video invitation from Shark Tank's Kevin Harrington extolling the value of investing in RAIDAtech.

RAIDAtech is now valued at $11 million and any investor anywhere can take part in this funding round, with a minimum of $200. The earlier round was limited to only a small number of investors. This second funding round is managed by crowdfunding platform truCrowd.

RAIDAtech was founded last year by Worthington and is a separate entity from the CloudCoin Consortium, although RAIDAtech's success will also benefit CloudCoin by expanding utility and value of the RAIDA network's native currency.
CloudCoin store opens on eBay
CloudCoin fans can now get CloudCoin merchandise on eBay . Shirts, caps and coffee mugs are among the items available at the unofficial store.
Earn CloudCoins & $$$ as a RAIDA Detection Agent
There are still slots remaining for people interested being 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. There is a limited number of special "Founders" opportunities, who receive a bonus paid in CloudCoins.

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

Email solutions@raidatech.com for more information about becoming a Detection Agent operator or joining the referral program.
Fast Facts
Concerned about environmental stewardship?

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 million 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 have an operational lifetime of a year or less.

RAIDA-based technology uses just the smallest fraction of the energy (about 3 watt hours per node) consumed 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.
Follow CloudCoin on Twitter
Hundreds of millions of people around the world are sending 6,000 tweets per second! Help spread the word about CloudCoin to the Twitterverse.

Follow @cloudcoinglobal #cloudcoin #raida
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 our California HQ and remote.

  • Social Media pros and community mangers
  • 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

Click "reply" with a resume or CV to inquire or visit our Careers page.