Bitcloud is a new type of decentralized cryptocurrency with 200 million limited units of existance to prevent inflation. Bitclouds are mined at a set rate for the future and the only ways to get them is to mine them or to trade them on an exchange platform. The idea behind Bitcloud is to complete payments rapidly and anonymously. Bitcloud has its class of decentralized miners to keep everything secure.Bitcloud BTD was released back in September 2016 and is using the QUARK algorithm. It supports InstantX & PrivateSend, which are the main pros of the cryptocurrency. InstantX is the system that allows instant transactions by locking inputs to specific transactions as it verifies them through the Masternode network. PrivateSend is the decentralized mixing implementation that provides levels of anonymity and privacy in the Bitcloud network. Bitcloud is open source that uses peer-to-peer technology and consists of strategic nodes all around the globe. Developers want to “decentralize the Internet” using new PoS protocol, with Hostnodes being the ones providing the RAM, CPU, and space.

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