What is CloudCoin? CloudCoin (CCE) is a digital currency that can be recovered even if lost and stored as .txt or .png. cryptocoin.com In this article, we answered questions such as what CloudCoin is, what it offers, what is CCE, what it does and how to get it. Let’s examine this digital money, which has its own characteristics in the crypto money market, together.
What is CloudCoin?
CloudCoins are a special digital currency that can be stored in computer files. It basically consists of codes that the user can remember. These codes are used only once and are changed later. This ensures that CloudCoins cannot be imitated, mined or destroyed. However, the amount of CCE in the market never changes. So it has constant supply.
This project is a minted digital asset, unlike Bitcoins that can be mined. After printing CCE tokens, the project canceled the system in order not to generate any more tokens. There are currently 16.77 million tokens on the market. This number does not increase or decrease as it depends on the length in bits of the Serial Number. Additionally, CCE is not a cryptocurrency. In other words, it does not use Blockchain technology. This gets its value from a 400-byte random number embedded in JPEGs or text files.
What does CCE do?
In traditional monetary systems, people who “own” money get well-being. People who “know” money with CloudCoin enjoy prosperity. CloudCoin does something different than Bitcoin does. Accordingly, it uses a new technology called RAIDA, which is much better than Blockchain. It is basically a decentralized authentication technology. In CCE, the owner of a cloud-based token obtains the code containing the coin in a particular file. When a CCE is sold, this information passes to the other user.
CloudCoin is currently integrated with over 25 digital cloud services. Cloud technology can be expressed as internet-based large data stores. On these platforms, users get the advantage of storing their own data for free or by paying money. An example of these platforms is Google Clouds. CCE is designed for use on such platforms. However, transferring the token is also extremely easy. Instead of an exchange, it is sufficient to send the file through any application.
What are CloudCoins? How to take CCE?
CloudCoin is currently only traded on the BitMart exchange. Interested investors must first become a member of this exchange. After that, investors must verify the account they have created by following the relevant steps. Thus, they can deposit an asset in their wallet according to their CloudCoin parity. Investors who do this can purchase varying amounts of CCE based on their balance.
