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.
Source: Live Bitcoin News - 1 month ago
Internet maverick John McAfee is sporting a new tattoo in honor of his collaboration with the Skycoin platform. One thing you can say about John McAfee is that he never does anything in half-measure. The cybersecurity specialist and cryptocurrency enthusiast usually plows straight ahead when something catches his interest. Over the last year or so,...
Source: NEWSBTC - 5 months ago
A lot of rumors are flying around regarding the Skycoin cryptocurrency. Some team members claim they were subject to a robbery. Those claims are met with a fair bit of skepticism. As such, the Skycoin team decided to cut all ties with its Chinese marketing team. It still raises a lot of questions regarding the...
Source: Bitcoinist - 5 months ago
Allegations of criminal activity continue at Skycoin as executives freeze funds to contain fallout from a theft by the coin’s own marketing team. 18 BTC, Skycoins Stolen In ‘Burglarization’ Skycoin, which describes itself as “the most advanced blockchain platform in the world,” saw massive sell-offs this month after it emerged insider trading had taken place around the time Binance announced it would list the coin in May. In a blog post June 18, Skycoin confirmed
Source: NEWSBTC - 8 months ago
Ninety percent of companies conducting initial coin offerings are expected to fail in the future. The often-cited statistic is no doubt intimidating to an investor in blockchain and cryptocurrency startups. Knowing why crypto projects will fail can help you invest your money more wisely in the crypto economy. At this early stage, the majority of...
Source: Bitcoinist - 1 year ago
SkyCoin plans on ushering in an age of third generation cryptocurrency by moving to a Web of Trust system instead of miners. [Note: This is a press release.] The world of cryptocurrency is undergoing a revolution these days. The days of Bitcoin soft forks
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