Bitcoin Forum

Welcome to Skycoin!
This is the official channel for information on the release of Skycoin (SKY).

About Skycoin:
 
Skycoin (SKY) is a next-generation cryptocurrency. Skycoin has no mining, no scripting language, and no 51% or DDoS vulnerability. It is a pure coin that has been designed from the ground up to resolve key structural issues in the current generation of digital currencies and create a sustainable, immutable value store.

Skycoin is also the currency of Skywire. Skywire is the new distributed Internet, designed to distribute content quickly, safely, and anonymously. Skycoins will be distributed over time to participants in the Skywire network who provide connectivity and services.

Key Features and Benefits:

-   Security and Privacy: Skycoin has been designed from the ground up in Golang, using time-tested cryptographic standards.

• Skycoin cannot be 51% attacked – no matter how much money or hashing power an adversary has, they cannot reverse transactions.
• No duplicate coinbase outputs, no transaction malleability, no signature malleability, and significantly reduced edged cases.
• Skycoin has native support for G Maxwell’s “coin join” algorithm to provide a higher level of user anonymity compared to similar cryptocurrencies.

-   Usability and Sustainability: Skycoin uses neither proof-of-work (POW) nor proof-of-stake (POS), featuring the first new consensus algorithm since PeerCoin. The new network consensus algorithm is based on Ben-Or’s decision procedure. This facilitates two key benefits:

• With transaction confirmations in as low as 4 seconds and no transaction fees, Skycoin is ideal for Point of Sale (POS) and IOT applications.
• By avoiding proof-of-work, Skycoin does not waste electricity by consuming exponentially growing, unsustainable amounts of electricity through mining.

-   Not just a coin: Skycoin tokens are both a cryptocurrency and a token.

• Skycoin is the currency and facilitator of Skywire, a new alternative Internet, giving it practical application beyond a digital currency.
• The Skycoin ledger is just a component of a larger application ecosystem.

-   Supply and Distribution: The total supply of Skycoin is capped at 100 million coins. They can neither be created nor destroyed, and are totally immutable. Skycoins will be disbursed to participants in the Skywire network who provide connectivity and services.

About Skywire:

Skywire is the new Internet. It is designed to distribute content faster, safer, and anonymously.
It is composed of 2 key components: Aether, a peer-to-peer replicated object system, and Skynet, a distributed networking backbone.

Aether powers the distribution of immutable, anonymous web content. Applications include video streaming, message boards, chats, and any other service that can be created on the traditional Internet.

Skynet is a source routed, public MPLS network which allows every user to essentially become their own ISP. It is built on a whole new networking stack and in its own namespace. 

While Aether and Skynet can run independently, their full potential is reached when they are combined to create a truly indestructible network.

Progress

Skycoin and Skywire has been in development for over 4 years. We are at the precipice of our initial release. Stay tuned for access to exclusive ICOs and demos of Skywire technology.

Key Links:
-   Skycoin Website: http://skycoin.net/
-   Download The Wallet: http://skycoin.net/downloads.html
-   White Papers: http://skycoin.net/documentation.html
-   Github: https://github.com/skycoin 

BS!

Lol skycoin has be in development for 4 years so in those 4 years you have never seen bitcointalk.org nor have you bothered to join midway and announce omg... total fail coin with default copy paste template hahah

when ico selling use escrow or not
and any bounty or not, signature campaign and social media campaign

Low supply (200,000) and Yobit please

Extremely interested in anything to do with Meshnet and am interested in this , more info is good read and you have me interested !!

you're wrong, you could at least do some BTT research before throwing such attack
https://bitcointalk.org/index.php?topic=380441.0

;)

Lost me Here: Skycoin has no mining

Good Luck.

so Four years for  developing  the coin .. why do you have not said anything before ... why do you have kept hidden the development, understand me, four years are many, especially in IT
regards
aahhh ok...
tnk eB101... https://bitcointalk.org/index.php?topic=380441.0

Hmmm wallet wont unzip?? windows that is

whether these old coins? because I see there
https://bitcointalk.org/index.php?topic=380441.0

starting by saying lies is not a good start

As long as the original skycoin account isn´t posting here a confirmation, I consider this as a scam attempt. Be aware guys.

lol. This is one of our marketing channels. I told him "SkycoinOfficial" was a stupid name.

He need to work on the name.

The marketing people are supposed to push weekly updates into each of the social media channels.

Yes. The meshnet is very excited.

We do not have the meshnet whitepaper on the website yet, but the three consensus whitepapers are online.
- http://skycoin.net/whitepapers.html

The "meshnet" Skycoin is not actually a meshnet. It is a new type of modular software defined networking, that could be used to build meshnets or community ISPs. It is also very useful for machine-to-machine communication, IoT and building VPN clients.

It is actually not even possible to build one of these networks on top of IPv4 or IPv6, because meshnets require features like route selection, multihoming, store-and-forward, connection fall over and have to have mathematical properties that IPv4/IPv6 networks and routing do not have. We proved early that it is mathematically impossible to meet the technical requirements in a stateless routed network (ruling out IPv4, IPv4. BGP), so this is a completely new networking namespace and essentially a new internet build on top of the existing internet (for now, until people run physical cables).

We are also doing experiments in content addressable storage and source independent networking. Which will be essential for fully taking advantage of this new type of networking.

Here some infographics.

https://i.imgur.com/VYd53ow.png

https://i.imgur.com/PO9pKbo.png

https://i.imgur.com/zVKo8VP.png

https://i.imgur.com/3OVTH4R.png

https://i.imgur.com/UeOPPBX.png

https://i.imgur.com/XVojFIK.png

https://i.imgur.com/v5mFSCL.png

https://i.imgur.com/sJ5FlUD.png

https://i.imgur.com/5giFIe4.png

The meshnet is basicly working, but we have not finished the first applications yet.

Mining is a security flaw. Satoshi's original vision was for a decentralized cryptocurrency. The Bitcoin network is controlled by three mining pools. At one point Gigahash.io controlled over 65% of the network.

The objective of the Skycoin project from the start was to fix the problems in Bitcoin. This includes redecentralizing consensus over more than three people.

For security and incentive reasons, the blockchain consensus network has to be independent of coin creation. It is suicide to link coin creation to whoever controls the consensus network. Unless you want a "decentralized" coin whose consensus network is controlled by three for profit mining pools (who are basicly a cartel now, who splits ASIC costs and divides the hash power between themselves by agreement).

The idea behind mining is that whoever has the most money, to buy hashing power should own and control the consensus network. "Whoever has the most money should own the government and make the laws".

The original premises (economic and human) required for the security of PoW established by Satoshi have been shown to be empirically false in reality.

Right now, eliminating mining seems absurd. In the future, that mining was accepted will be absurd. People only support the cost of mining as long as they make money from it and the price is going up.

Another objective for Skycoin, was to have transactions that were as fast or faster than credit cards. We are able to do 10 second blocks. In order to do that, PoW and PoS has to be eliminated. Decreasing the block time decreases securities for PoW/PoS coins.

Additionally, mining costs the Bitcoin network tens of millions of dollars per month and does nothing that anyone is willing to pay for directly. Bitcoin requires an exponentially growing influx of new users and capital to offset the mining costs. No one would use Bitcoin if they had to pay the mining costs directly and each transaction cost $50.

Skycoin transactions do not cost $50 in inflation from new coins being created every block.

It is my opinion that in the long run, we are going to see all the existing Pow/PoS coins die as people realize the actual economic incentives. The cost of PoW/PoS mining is bounce by the users and paid for in a lower market valuation as money is bled out of a coin by mining costs until the coin is abandoned. Only a few coins, like Bitcoin and Ethereum can achieve enough new users coming in with new money to offset hundreds of thousands a dollar a month to tens of millions a month in electricity costs, just to process seven transactions per second.

The price equation is simple
- this may dollars per month are coming in from new users and capital inflows
- this many dollars per month are being thrown in a pit and burned by mining costs

We are moving away from "free coins for miners" and moving towards "community coins" and treating cyptotokens as digital property and a type of equity. The objective is to make the coins useful and that people doing useful work people are willing to pay for should get coins.

Right now the Bitcoin economy consists of new users putting them money in and then the money being thrown in a pit and burned in a sacrifice ritual to the mining electricity costs.

If the average user had to paid the miners electricity cost directly as transaction fees, instead of it being robbed from them through inflation by the creation of new coins, then each Bitcoin transaction would cost more than $50. It would be more expensive than an international bank transfer.

Achieving mathematically provable consensus in a decentralized way, without the cost ($50 per transaction) and problems of PoW/PoS is a cornerstone of the Skycoin project. Solving the PoW cost problem is a requirement for stability and mainstream adaption of crypto assets.

Skycoin is not premined, because Skycoin does not have mining. The objective of the Skycoin consensus algorithm was to eliminate the miners and the downward pressure they create on the coin price.

The most important thing about mining however, is that when everyone had a GPU miner in their house and was getting coins, it was "decentralized". Now that ASICs and three mining pools dominate the network, there is nothing for the Bitcoin community to do or participate in. It is no longer fun and relevant. Its not fun anymore and people are unable to participate in mining in any meaningful way. This is what has driven a lot of the activity and community out of Bitcoin and into the altcoins.

We need a new model for people to get coins.

what about exchanges and distribution?

http://skycoin.net/faq.html

Can I setup a Skymesh node now?

??

How do I setup a Skymesh node?

??

When will it be mentioned?

I do not get any information, did you break development?

any update dev
about ico selling, distribution coin, bounty, signature campaign, facebook campaign
and when added skycoin to exchanger

https://www.virustotal.com/en/file/ce16a2f615ca9e6362ca5c5abd0634dfad10fee69e29d8461d43cf4b34f5f797/analysis/1483428547/

SHA256:   ce16a2f615ca9e6362ca5c5abd0634dfad10fee69e29d8461d43cf4b34f5f797
File name:   skycoin-0.8.1-gui-win-x64.zip
Detection ratio:   0 / 53

skycoin? falls from the sky? disappear aand nowhere to run, where is the dev, he just created the account and published this ANN and disappeared after a week, so what will we expect from this project? An active dev is a factor of a successful project, a dev which is always online and ready to answers every questions that will throw to him.

The way u handle the situation makes me doubtful about ur professionalism. U respond in a scam topic named Skycoin official release and post truncated infographics that someone created for u. U were too dumb to draw schemes and put text boxes under the bottom of a message section to make ur graphics look smoother. U're a punk that learned about crypto at the recreational meeting in detroit. Which makes it impossible for u to gather knowledge about meshnet, and proves that u couldnt acquire knowledge after release from prison since u had a hard period during which u were selling stacks of outdated newspapers. Ur skull was freed up from brain and u occupied a profession of cadger. Now u launched the second thread. This thread reiterates the message of the main thread, the only difference is that u created another account and slightly changed wording. Why do u need multiple threads for talking about something that u dont understand and will never try to understand.

why you are so harsh my friend! remember, sky is the limit!

what are you talking about man, this coin is like shit!

interesting, more information on the stage

How can i get some skycoins.

I'm not so like altcoins because they do not offer a significant advantage for replace the Bitcoin.
but! - this currency "skycoin" is look really overcome on all the shortcomings of Bitcoin!

i will be happy to get some coins of this currency just for testing.
skycoin wallet: 25rSJmjgEQYddik1dJCStEMuGxKjx21DMcf


i have question: why not to transfer/copy all the money from bitcoin to this currency automatically by the protocol? genesis block will contain all the balances from bitcoin at one of time point.

i think that is more reasonable than to start again from zero economy.
people dont want to forgetting something that worth so much like the bitcoin.

Not sure about the ICO since I think you've already had one running for years that values this quite high haven't you?

But looking forward to the release still and will check it out and try to follow developments.

Like GTTIGER said in another topic, skycoin is probably one of the most undervalued coin :

"

1') Uxto transactions like qtum
2') Data storage like sia
3') Meshnet like maidsafe
4') Decentralized apps like ether
5') New consensus algo
6') VPN like MYST
7') IPFS
8') Decentralized web wallet
9') Anon
10') Great goal ("We have long wanted a more secure, open and distributed Internet and we’re glad to say that Skycoin is finally building it.")

"

Skycoin will probably be in the top five coins for the plenty advantages it have on the others.
I've invested the third of my btc some days ago and now it's x3. it is just the begining ! i believe the value from now will x4 to x8 in the next three months.

Where can i buy SKY coins ? Or there will be an ICO ?

Hey guys, was the general consensus here that Skycoin is a scam?

where can I get skycoins ?ICO or airdrop or bounty?

This is the main thread -> https://bitcointalk.org/index.php?topic=380441.3200

Skycoin has been expanding off of bitcointalk.

Main page [WIP] -> https://www.skycoin.net
Blog -> https://blog.skycoin.net
Telegram -> https://t.me/Skycoin
Source code -> https://github.com/skycoin

We are most active in Telegram now.  

We would use Slack too, but their app is so slow I can have 200 open tabs in a browser no problem but when I open slack everything goes to shit.  Telegram sucks in general but does is not digital sludge.  Whatever happened to IRC?

This thread was also real but was a mistake.  It is not scam.  Skycoin has never scammed anyone. You think we write software for years to run scam? We are capable of building a new coin from scratch with its own consensus algorithm, but we are too stupid to scam you like many other coins have done? The reason you get scammed is because you cannot read, you cannot tell difference between real coin and scam, so you call Skycoin a scam and buy bullshit.

Skycoin has things together for marketing and promotion now.  Sorry we did not try to lie and hype you with no product first.  I recommend you join the telegram group for updates.

Skycoin partnership with SPACO project announced. Announcement about strategic partnership between SPACO and Skycoin
https://spaco.online/2017/12/10/big-news-the-announcement-about-strategic-partnership-between-skycoin-and-spaco/

looking forward for this project. it's very promising and has a good progress, plus developed by expert team.