/biz/ - Business & Finance

Today’s Skycoin Project has deployed multiple innovations (e.g. Skycoin, Skywire, Fiber, etc) under the hands of 15 development teams worldwide. While still growing, 2018 is the year Skycoin intends to make its formal introduction to the public.

The Skycoin Project is one of the oldest crypto projects in development, and Skycoin is its first creation. Built as an infrastructure project rooted in the founding concept of decentralization, Skycoin runs on a completely different consensus algorithm, “Obelisk” or a “web-of-trust.” With Obelisk, Skycoin is not susceptible to the weaknesses of PoW and Proof-of-Stake (PoS)

>Lightning Fast
Transactions take as little as 2 seconds. With no bottlenecks or fees, Skycoin is faster than other cryptocurrencies and competitive with credit cards and Apple Pay.

>Zero Fees
Skycoin transactions cost Coin Hours, a separate currency paid to Skycoin holders for each hour they hold a coin.

>Secure
Built from the ground up in Golang, Skycoin makes full use of time-tested cryptographic standards to ensure transactions can’t be tampered with. Skycoin renders useless such threats as 51% attack, reversal, duplication, and malleability.

>Private
Skycoin’s transaction structure was designed to seamlessly adopt the CoinJoin protocol. Once integrated, Skycoin mixes transactions from multiple wallets to ensure they are indistinguishable from one another.

>Sustainable
Without the enormous computational energy requirement typical of PoW and PoS processes, Skycoin can run on a 30-watt cell phone processor.

>Incentivized
Skycoin is more than a cryptocurrency. It derives inherent value from the Skywire mesh network. Users earn and use Skycoin for providing and consuming network resources.

>Utility Backed
Skycoin’s practical application means it is backed by a real asset: bandwidth.

>>9205952

t.me/Skycoin

The Telegram is very active.

If you don't get into SKY before May 15 then you must really hate making money.

https://www.youtube.com/watch?v=tII6Ml0I5Wo

- Created by the the original 2009 developers of Bitcoin and Ethereum
- Lead dev Synth worth billions due to BTC mined and acquired in 2009 (SKY project has near infinite funding)
- Highly active GitHub for over seven years
- Literally the Internet of the future (deploying custom hardware to build a new decentralized Internet)
- Lightening-fast currency with free transactions
- Stronger privacy than Monero or any other so-called ‘privacy coin’
- Holding Skycoin generates one Skyhour per hour per Skycoin
- Skyhours can be sold, spent on services, or traded for more Skycoins
- Powerful DAPP platform with many ICOs in the pipeline (will crush EOS)
- Does pretty much everything - literally makes every other crypto obsolete
- Very undervalued right now because it's not on any big exchanges
- Will skyrocket when it hits Binance or any big exchange (five new major exchanges coming soon)
- Very little marketing so far, normies haven't even heard of it yet - still sub $150M market cap!
- Better memes than LINK or AMB
- Low circulating supply (lower than BTC) - very few Skycoins in circulation means they will be hoarded
- Chart looks juicy, consolidating right now for the next leg up
- Top 3 on CMC by end of year (lead dev predicts $800 Skycoin by end of year)
- Massive announcement coming on 15th May - get in quick because it's going to moon hard