Not minted or endorsed by any nation, but by users across the globe. Anywhere there is internet, you can send or receive Bitclouds. Even in outer space. Bitclouds are mined by users at a set rate for decades into the future. You can get Bitclouds for free by mining or trading for them on an exchange. Bitcloud is a payment system across the Universe. You can send Bitcloud to your relatives or business partners to the other side of the world. No hoops to jump through, no questioning. Just hit send. Unlike Banks which can require a Credit Check or Social Security Number, Bitcloud doesn’t ask for anything except a smile. A Bitcloud account is completely free and with low transaction fees. Transactions are complete within seconds, worldwide. Buying bitcloud is similar to using bitcoin kaufen app, which requires setting up an account to buy bitcoins. Bitcloud has a class of decentralized workers called miners to keep the payment system secure.
Specialized Cloud Computers run encryption software to distribute Bitcloud and verify all transactions on the payment network. Bitcloud is absolutely secure against forgery. Everyone can become a miner, it´s very easy to rent hardware and join a mining pool. Additional to that, there are Masternodes. A Masternode is a server connected with the network that performs certain tasks related with Private Send, which is what the anonymity feature is called, and gets paid for it. It is Proof of Service. Bitcloud is open source software and released under the terms of the MIT license. The global network uses peer-to-peer technology and consists of strategic nodes all over the world. Bitcloud is global, it faces no boundaries and connects people even from the most faraway places on earth.
• Source: www.bitclout.com