I want to change the world's internet —— Bitcloud

We already step into a new era of the world that blockchain technologies dedicate to changing our lives in many ways. Bitcloud is one of the revolutionary tech, which runs through a blockchian-based mechanism, with the aim to change the world's internet.

Bitcoin inspired developers to create a delocalized internet in Jan 28th, 2014. The small but ambitious team aims to decentralize the internet. If this succeeded, it would possibly replace most of the internet infrastructure we use today.  

Cloudcoins support  and processor mechanism

Cloudcoin system is supported by a digital currency called "Cloundcoins" as the bitcloud coin in term of Bitcloud white paper. However, it should not apply to cloudcoins: they might not be worth their weright in gold, but they would be backed by actual services provided by the miners.

According to cloud token bitcointalk, Bitclouders are rewarded for solving complex mathematical equations with virtual currency, just like the miners provide computing power to random hit the hashing number in Bitcoin.

The network would use a routing process similar to Tor's hidden services, and it would employ a "proof of bandwidth" to ensure only connected nodes generate money - thus avoiding any attempts to fool the network and flood it with useless connections. In essence, this approach would allow "miners" to make serious money, but only if they perform serious services.

To do that, they would need quite a bit of hardware, not just a couple of ASIC rigs running in the basement. However, this approach might attract some serious organizations and companies. For example, if a business has plenty of spare storage and computing power, it could contribute it to the network when its offices are fast asleep and its infrastructure isn't being utilized.

Too early to draw the future yet

At this stage, it's hard to say this concept will actually work in the future, but what thing is clear is that it would dramatically increase the use of hardware to contribute to the network.  

In a word, it's too early to draw any future for the thing. And the team eagerly needs back-up by developers to sort everything out.