Very important message from Sean Worthington, the founder of RAIDA and CloudCoin:

Dear Cloud People,

CloudCoin has a fixed supply. The only exception to this is if we were to double everyone’s coins by cloning every server in the RAIDA. Cloning is actually a very difficult operation because we would have to clone as many as 800 servers. Our RAIDA admins signed a contract promising that they would do this cloning if the price ever reached $2. The reason why we would consider doing this is that it would allow us to scale out and increase the transactions we could handle. It would also (in theory) reduce the value of CloudCoin to a usable amount should CloudCoins become too valuable.

As it turns out, we have canceled all plans to split the coins and to clone the RAIDA. This is because our Sentinel model is turning out to be extremely scalable. We have processed 160,000 notes in one second in our tests. I believe that we could process up to 8 million transactions per second if the RAIDA upgraded their processors.

Also, the RAIDA has had an uptime availability of 100% since it was created in October 2016 and each of the components have had an uptime that averages over 99.9%. https://raida.cloudcoinconsortium.com

In addition, we have the option of dividing CloudCoins into CloudCents without adding any additional supply. We can do this by creating second tier of databases simular to how the .com, .net,.edu are a second teir to the root DNS servers. The fractions will solve the problem of CloudCoins ever becoming too valuable because it is unlikely that a CloudCent will ever be worth more than $2.

So here is the end:

1. All plans to split CloudCoin have been canceled.
2. The RAIDA has had 100% availability since its inception.
3. The RAIDA appears to be able to handle many more transactions than any other system known to mankind.
4. CloudCoin’s authenticity information is being divided among the RAIDA’s 800 Detection Agents ( custom no-share RAM-based databases).
5. The Detection Agents are hidden behind 25 Sentinel Server Clusters. Soon, it will be impossible to bring a Sentinel down, let along many of them.
6. RAIDA Detection Agents use very little electricity and you can probably run one on your cell phone. Now, many of them are located in people’s homes.
7. If the value of CloudCoins become too high we can split them into CloudCents using a hierarchical database approached similar to the DNS.

NOTE: The RAIDA is based on the DNS system that has not gone down since its inception in 1985.

Thank you very much for your interest in CloudCoin — designed to be the World’s most perfect currency.
Sean Worthington
Lead Scientist, CloudCoin Consortium