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Compare CloudCoin™ vs Bitcoin®
MetricBitcoin®CloudCoin™
Underlying Technology
Crypto Currency / Cryptography
Cloud Currency / RAIDA
Spending Speed
Spending takes 10 minutes or more to update public ledger.
Takes milliseconds to check authenticity
Theft
Can be stolen
100% Safe if encrypted. Theft can be stopped if owner updates RAIDA before thief.
Loss
Loss is permanent. See Guy Lost $67,000 in Bitcoin When he Upgraded His Computer
Loss can be recovered
Counterfeits
Can be mined
Number of CloudCoins does not increase or decrease (except when doubling)
Privacy?
Pseudonymous / Pseudo-Anonymous
100% Anonymous
Software Required?
Requires "Wallet"
No special software needed
Time to get started
Takes over 24 hours to download blockchain. See Why is downloading blocks taking longer and longer?
No downloads required
Account Required?
Account Required. see Bitcoins: How We Got Busted
No Account Required
Public Ledger of all transactions
Uses Public Ledger that is available to the entire world including the KGB, CIA, China etc.
There is no public ledger or centralized database. See: What is the RAIDA?
Hackable
Hundreds of Million already lost. See Theft And Mayhem In The Bitcoin World
Hacked RAIDA servers can be fixed by CloudCoin owners
Quantum-Safe?
Bitcoin is not Quantum-Safe
Yes! Quantum Safe
Storage
Special software Required
Printed on paper, memorized as pass-phrases, in cell phones or computers as text files or jpeg images or offline on any storage device. Encryption is optional. See How will you store your CloudCoins?
Infrastructure Funding
Bitcoin is funded primarily by Bitcoin miners who allow their servers to be used publicly. Anyone can be Bitcoin Miner (Counterfeiter).
CloudCoin authentication by RAIDA Administrators is funded with CloudCoins that have been completely lost or abandoned and recovered by the CloudCoin Consortium. RAIDA Administrators must be Certified by the CloudCoin Consortium
Importable
Bitcoin cannot be imported into video games or other apps.
CloudCoin is the only real currency that can be imported and exported from software including video games. Add a new dimension to your software!
Trademark
Bitcoin is a registed trademark of Mt. Gox
CloudCoin has been registered so that it can be used as a general term throughout the digital currency ecosystem.
Fractions
Bitcoin uses insane fractions like .000002
CloudCoin uses only integer denominations (whole numbers like customary money) and doubles if too valuable to scale to user's needs. Comes in denominations of 1, 5, 25, 100 and 250 CloudCoin units.
Conclusion
First decentralized eCurrency
Next generation decentralized eCurrency. See About CloudCoin

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