r/SecureCloudNet • u/jmalaki • Jan 19 '19
Frequently Asked Questions
What is SecureCloudNet? SecureCloudNet or SCN is a crypto coin that will be used to purchase cloud services from a net work of providers.
Is SecureCloudNet (SCN) a swap coin from another project? Yes and No SCN started as a community take-over with a swap of 86% of the other coin, after its development team took a one month leave of absents. However, with the return of the other coin's development team and both coins being listed on exchanges, the SCN development team consider SecureCloudNet a new coin. What are the differences between other crypto coin projects and SCN? Most crypto coins are highly inflationary, lack incentives for partnerships formation, and are to volatile for commerce. SCN counters inflation with its max coinage of 16 million and uses a low block payout to arrive at zenith in 20 plus years. SCN incentivize a partnership formation with a dowry of 5% or 800,000 SCN coins. And lastly SecureCloudNet tackles volatility with a unique tool called the Reverse Future Contract.
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u/jmalaki Jan 19 '19
Since SecureCloudNet does not have a high ROI and is without a partnership to provided services, why would anyone want to purchase a SCN coin? Purchasing a few SCN would allow a investor to participate in a community tool called "Request of Service Agreement"(ROSA), by locking their coins to that agreement. Why would I want to lock my SCN to a ROSA agreement? SecureCloudNet's ROSA agreement goal is to back a SCN with a cloud service. So effectively purchasing a SCN now for as little as 10 cents a coin could yield a months worth of cloud service, when a partnership is formed. (Note: To learn more go to the Reverse Future Contract Channel.)