Title: Thoughts on this? Post by: Anonymous Kid on January 21, 2018, 02:41:41 AM Looks good. Anyone know anything about it? Quote Several years ago, an Ethereum's (ETH) founder and one of its first developers, Houwu Chen, wrote an interesting whitepaper, titled: "SkyHash: A Hash Opinion Dynamics Model" With the help of former Bitcoin developers, Skycoin (SKY) was born. Skycoin (SKY) is not a simple blockchain project but is designed as a platform and foundation infrastructure for supporting an ecosystem of applications. Skycoin (SKY) is focused on core features, security, and usability. A coin that fixes all the problems with previous generation cryptocurrencies by implementing Satoshi's original vision for a decentralized cryptocurrency. Skycoin (SKY) didn't concentrate on marketing and as a result of being an open source project, their ideas and code have been stolen and replicated countless times among some well-known altcoins. Have you heard of Ripple (XRP)? What Skycoin (SKY) has implemented is the next generation of Cryptocurrencies. A new consensus algorithm to achieve true decentralization which enables anyone to become an Internet Service Provider. Skycoin (SKY) provides a brand-new consensus mechanism for managing the three elements of decentralized computing: computing + storage + network. It brings us a new consensus mechanism that can be used for a world computer. Satoshi Nakamoto has been quoted on numerous occasions acknowledging that “mining is Bitcoin's only flaw - miners are the greatest non-cryptographic threat to Bitcoin retaining value on geographic time scales - mining introduce human factors and greed into the survivability of Bitcoin as a currency.” It is no surprise, Skycoin (SKY) was designed to eliminate mining completely and eliminate the problems it creates. Skycoin (SKY) supersedes reliance on honest miners with reliance on mathematics and is backed by an anonymous and private Internet. It wasn't possible for SKY to launch on a massive scale earlier because the hardware wasn't available. With advancements in technology, the hardware finally exists to sustain Skycoin’s (SKY) infrastructure for supporting an ecosystem of applications. The next Bitcoin knocks on the door. We are talking about guys that were involved in the crypto space since the beginning. Houwu Chen, Satoshi Nakamoto, and founders who hold insanely substantial amounts of Bitcoin (BTC). A few weeks ago Skycoin (SKY) hired several CTOs, marketing, and video firms. Skycoin (SKY) recently finished the process to get listed on 3 of the biggest exchanges and already paid millions in signup fees. I wouldn't be surprised if we see Ripple (XRP) like growth in Q1 – 2018 for Skycoin. Title: Re: Thoughts on this? Post by: Tipstar on January 21, 2018, 02:48:28 AM Skycoin can be a good long term investment. Though a tough competition and old established options making the largest gain, we've also seen an overall increase in the price of alts. And as of Skycoin, I can't call it a purely genuine concept, but it's a concept that works and that haven't till now.
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