/biz/ - Business & Finance

skycoin
buy now

>>7906958
Skywire will function as an overlay over the current internet only during the testing phases, long term game is a decentralized ISP model - wireless meshnets, that are theoretically faster than legacy internet, connecting cities to colo centers, and individuals renting fibers from tier2 providers for connections between cities and countries. They are designing long range antennas, and they have already created new networking protocols needed for that, it's not some fucking ICO where you give them money and waiting for them to make a product, the product's already there, it's on their github.

They do have free, instant, and infinite transactions. They prevent blockchain spam by using a mechanism of coinhours - you get a certain amount of coinhours for every hour you hold your coins, and transactions cost them rather than skycoins. They are worthless at the moment, so it can be claimed that the transactions are free. That's the only caveat.