>0 Fee transactions >Transactions confirmed in seconds >Infinitely scalable >Coded from scratch in Golang >6 years of development, originally started as an effort to fix the security vulnerabilities of bitcoin >New consensus algorithm replacing PoW and PoS >New UXTO based blockchain structure >Allows to have a truly decentralized network without miner or stakeholder influence >Increasing business adoption, companies that don't want to maintain a blockchain of their own or use Ethereum (solarbankers, spaco, MDL, some more starting up) >Actually secure and private, unlike most shitcoins advertising as such >Untraceable transactions because of Coinjoin >Holding Skycoins generates extra income in the form of coinhours >Massive ecosystem of applications running on Skywire. Including decentralized exchange, social media, file sharing and VPN apps.
Skywire >New openflow based networking protocols, lower latency and more secure than tcp/ip >Will function through a decentralized wireless meshnet that ISPs have no control over >Encrypted by default >Bandwidth aggregation is possible, prividing nearly unlimited internet speed(this sounds far fetched but the tech is already there - ubnt.com/airfiber/airfiber5/) >Wireless meshnet that is literally faster than the legacy internet >Running hardware nodes, providing bandwidth and storage gets you coins >Coins are spent to get a priority of network resources over others >Immune to all currently known network based attacks, exploitation and manipulation tactics of ISPs >No throttling, censorship or service outages >Plebs will be able to connect through regular wifi >No learning curve, they won't even know they're using it
It's one of those coins that will actually change the world.
Most of it they already have working, the code's on github. github.com/skycoin Skywire nodes are being shipped, testnet is starting up. Long range antennas are already designed and being built. Just giving you a chance to be one of the early adopters.
Nicholas Bailey
Are there smart contracts?
Ryder Walker
They are banned from reddit cryptocurrency, also lots of post about it being a scam. Devs have 90% of coins. There will be heavy inflation in coinhours
Luke Bell
there's an actual programming language designated for blockchain applications, not some shitty script "smart contracts"
this is stupidly massive but nobody knows about it yet
Connor Green
It was completely obscure, then r/cryptocurrency got flooded with posts about it being a scam, several threads reaching first page with tons of upvotes but no arguments rather than "the dev is rude and banned me for this, stay away". It's almost like the competition is nervous and doing organized fud attacks, kinda makes you think huh.
The coin distribution is hardcoded and explained on the site, the devs can't spend those 90%. Those coins are going to skywire providers.
Not sure about the coinhours thing, maybe. Who knows.
Michael Rivera
Ok , but if a company wants to use skycoin, & skycoin build this company a series of blockchains, how does the company get real world data onto these skycoin bkockchain? Unironically, link? It's supposedly blockchain agnostic so I don't see why not. I like sky my stack is only 600 though. I intend to build a skyminer
Robert Collins
Coinhours will be created 1/1 by holding skycoin, 50% burnt if i decide to sell coinhours on exchange, but if i want to hold them there will be heavy inflation. This was what the devs couldnt answer. If we all hold and want to use their product, there will be way to many coinhours. Full inflation
