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Updated: 12 Jan, 5:59 pm UTC
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CloudCoin is a revolutionary new cryptocurrency that has been designed to optimise the efficiency and security of digital transactions. The innovative CloudCoin protocol has been developed by the Skyway Network, an international consortium of academics, entrepreneurs, and software engineers. CloudCoin is the first cryptocurrency to use an innovative consensus algorithm, called Proof of Stake Consensus (POSC™), which combines the best aspects of Proof of Work and Proof of Stake consensus algorithms. The POSC™ algorithm is designed to be highly secure and efficient, allowing for near instantaneous transactions and eliminating the need for miners.

CloudCoin was initially released in 2017 and has since become one of the most widely used cryptocurrencies in the world. It has been adopted by a wide range of businesses, from large multinationals to small startups. CloudCoin's popularity is due to its low transaction fees, fast transaction speeds, and high levels of security. Furthermore, the CloudCoin protocol is designed to be easily integrated into existing systems, allowing businesses to quickly and easily implement the technology. This has enabled CloudCoin to become one of the most popular cryptocurrencies for businesses and individuals alike.