
Bitcloud is a Scrypt PoW/PoS hybrid digital currency which tries to “decentralize the Internet” via a new Proof of Stake/Proof of Host protocol in which Hostnodes will bring space, CPU, and RAM. Similar to normal coins such as USDA, BTD is a medium of exchange; however, the coin is created with the aim of exchanging digital information via a process made possible by certain rules of cryptography. Cryptography is utilized to guarantee the transactions and to manage the creation of new coins through Proof-of-stake protocol.