/biz/ - Business & Finance

SkyCoin eliminates the need for miners entirely by employing a web-of-trust system that is based on nodes rather than miners. Nodes require much less electricity and are cheaper to set up and are thus more energy efficient. The centralization of power that is possible with Bitcoin and other Cryptocurrencies cannot be possible in SkyCoin because virtually anybody can set up a node at a fraction of the cost.

>>8839937
so you're up in your position, good for you, I bought skycoin at around 20$, at least I'm up in sats on this.