Inspired by Bitcoin, released around the same time as Litecoin, and written in Golang, Skycoin uses a network consensus algorithm to build the infrastructure developers need. Because of its unique algorithm, Skycoin doesn’t need Proof-of-Work or Proof-of-Stake. The Skycoin price is steady, with no mining for the tokens, leaving SKY price intact. It has a ten-second transaction time and 100 million coins are in circulation. Skycoin is scalable for anyone’s needs, secure, and completely ISP-independent. Many of the founders and builders of Ethereum and Bitcoin worked on Skycoin as well.
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