Skicoin is a free open source peer-to-peer electronic bonus system
that is completely decentralized, without the need for a central server
or trusted parties. Users hold the crypto keys to their own coins and
transact directly with each other, with the help of a P2P network to
check for double-spending.
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Website:
https://abseits.ski/Video introduction:
https://youtu.be/Y6RY8s0o1UoBlockExplorer:
http://178.26.180.77:8000/GitHub:
https://github.com/caesar-ski/skicoinWhitepaper:
https://abseits.ski/white-paper/Discord:
https://discordapp.com/invite/sFaAuKN///////////////////////////////////////////////////////////////////
The information within this publication are intended to document the vison,
concepts, features and plans of Skicoin (SKI) . This release will explain the
details of SKI , and the associated benefits of this COIN, the Mining Pool and
other Websites and wallets connected to the SKICOIN PROJECT. Before you
purchase or acquire any SKI, or download our wallets, we strongly
recommend to read this document carefully. Please note that there are no
guarantees or promises relating to the increase or decrease in value of the
coin over any period of time. Our cryptocurrency should be purchased
solely at the discretion of the owner and any technology outlined in this
document is primarily experimental and does not bring with it any
guarantees or certainties regarding operation and intended purpose
The Skicoin Project counts various websites, like the official coins site
(abseits.ski) , our own mining pool (pool.abseits.ski) and many others.
Our foundation does everything to be dependable, which can be seen
in our success in various projects and as well on our quickly growing
community.
Compared to Bitcoin, Skicoin has the capacity to adjust its difficulty
much faster, in addition Skicoin has a small Block size of just 4mb. And
Block time of 5 minutes, combined with the Script algorithm we think
its a very good combination.
The goal is to have fewer coins in circulation. This will increase its
value, giving less control to one person or a group in the market.
Compared to Bitcoin, Skicoin has just 2,100,000 coins. Just 10 % of
Bitcoins 21000000 coins. Which makes a big difference in our opinion
in coin value.
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Why we use scrypt?
It is very much needed to know the main reason why the scrypt
algorithm is being preferred in such a new project. For the purpose of
crypto currency mining, it diminishes the difficulties and enhances
the benefits of deploying applications that are specific with
integrated circuits in order to handle the crypto-coin mining hardware
connected in the particular network.
This makes many mining enthusiasts to have a possibility in
contributing wide range of mining within the network by accessing
the enough mining resources.
One more advantage of utilizing scrypt algorithm is that it needs only
less amount of power and also needs only less energy to run the
network.
As it is blockchain algorithm, scrypt mining has some under noted
following benefits.
Scrypt Algorithm confirms crypto currencies transaction quickly as it
is designed to utilize high speed memory.
It can generate crypto currency that is able to handle bulk
transactions and can instantly mine the block in the network.
It is widely accepted in making the fast transaction by confirming the
currency transformation that help the merchants all over the globe.
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SPECIFICTIONS:
Name: Skicoin
Algorithm: Scrypt
Block: 5 minute
Difficulty: 0.00390625 blocks
Ticker: SKI
Block size: 4mb
P2P Port: 2333
RPC Port: 2332
Prune height: 1,000,000
Max supply: 2,100,000 coins
Premined: 210,000 (10.0%)
Based peer-to-peer cryptocurrency that is forked from Litecoin
Join our discord:
https://discordapp.com/invite/sFaAuKN
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