The Skycoin project is a long term infrastructure project that began around the time Litecoin was launched. Writted from scratch in Golang, it's the first provably secure non-pow coin. Designed having absolute availability in mind, i.e. running well on budget hardware, slow networks, and under continuous attacks.
>New consensus algorithm - Obelisk.
Obelisk was inspired by academic research into adversarial distributed time-stamping and algorithms such as Ben-Or's, Paxos, and the Castro-Liskov PBFT algorithm. Obelisk is a new solution to the Byzantine Generals problem which offers strong mathematical security guarantees, even when the majority of nodes are hostile.
Skycoin has a robust ecosystem that includes a growing number of multifunctional tools and apps, the most important of which is Skywire: a decentralized internet service provider.
Skywire is faster and more secure than the current internet. It’s encrypted by default, making man-in-the-middle attacks impossible. The traffic passing through a node cannot be traced back to an IP address. Third parties passively observing cannot link individual packets to a stream or user. It doesn’t suffer from throttling and other service outages that are commonplace with centralized ISPs. It's designed to be more secure and private than any alternative protocol available now.
Basically if you don't buy this you're a straight up retard.