/biz/ - Business & Finance

Some of Skycoin’s working products are listed below.

1. Skycoin—a lightning fast currency, with free transactions, and privacy/anonymity via the CoinJoin protocol

2. Software wallets—elegantly designed desktop/mobile wallets for Windows, Mac, Linux, iOS and Android

3. Hardware wallets—highly secure, and available at a fraction of the price of competing Trezor/Ledger/KeepKey models

4. Skyminers—can be purchased from Skycoin or built DIY, with almost 10,000 nodes already deployed globally

5. Coin Hours—earned by holding Skycoin in a wallet, and used to purchase services on the Skycoin ecosystem

6. Skycoin CX—a comprehensive programming language for creating games, apps and smart contracts

7. Skycoin Fiber—a platform for launching ICOs whereby each project is given its own dedicated blockchain

8. Skywire—a global decentralized peer-to-peer mesh network of interconnected Skyminer hardware nodes

9. Antennas—due for release in Q1 2019, enabling Skywire nodes to connect wirelessly and bypass ISPs

10. Online stores—making it easy for users to purchase Skycoin hardware and Skycoin-branded merchandise

11. KittyCash—a blockchain collectibles game that improves upon Ethereum’s infamous CryptoKitties game

How much Skycoin to make it by 2020?

Skycoin’s first flagship application, Skywire, moves from testnet to mainnet this quarter, after which the number of deployed Skyminer nodes is expected to grow from thousands, to hundreds of thousand, and then to millions within a few years. Second generation plug-and-play Skyminers are in development, which will further accelerate adoption. Skyminer nodes are rewarded with payments in Skycoin and Coin Hours for providing bandwidth, storage, and computing power to other users of the Skywire network. Skywire also functions as a fast and secure VPN/proxy service.

But Skywire is just one of the many applications running on the Skycoin ecosystem.

As the year progresses, we will see more and more games and apps being developed and released on Skycoin CX, which also transitions to mainnet this quarter (meaning full integration of CX with the Skycoin blockchain). Several basic games have already been developed, but adoption will increase even more rapidly following the recent publication of books on CX development, and with CX education courses becoming available in colleges.

Not content with two mainnets, Skycoin is going for the hat trick. The Skycoin blockchain is currently running on protected masternodes, and the public launch of Skycoin’s groundbreaking consensus algorithm, Obelisk, will round out this years ‘triple mainnet’ for the Skycoin project. Obelisk makes Proof of Work and Proof of Stake consensus algorithms obsolete, and is the biggest breakthrough in blockchain consensus for the past decade.

Additionally, with the upcoming release of the eagerly awaited Skywire antennas, Skycoin’s prominence in the non-crypto world will explode as users start to install these highly visible antennas on their rooftops. Local businesses are expected to spring up, helping to install Skyminers and antennas as residents rush to access this new free decentralized Internet service, and say goodbye to their overpriced and unreliable legacy ISPs.

Skyminers and antennas are designed in a modular fashion, so they can be built by anyone, using readily available low-cost components. This ensures that even the poorest and most remote villages on earth can build the equipment necessary to join the world’s first global decentralized peer-to-peer mesh network. Skywire will bring cheap Internet access to parts of the world with little or no traditional communications infrastructure.

With mass adoption of Skywire, the Coin Hours economy will also take off. Coin Hours are earned at the rate of one Coin Hour per hour for every Skycoin held in a wallet. They are also earned by running a Skyminer node. A Coin Hours Bank and Coin Hours Exchange are due to launch this quarter, which will enable Coin Hours to be saved or traded for more Skycoin. An entire working economy will emerge around Coin Hours, with this currency being used to pay for resources on the Skywire network, pay for services within Skycoin games and apps, and even pay for real-world goods and services. Coin Hours will also be listed on mainstream cryptocurrency exchanges.

Speaking of exchanges, Skycoin is developing its own DEX (Decentralized Exchange). The SKYDEX will support the trading of Skycoin, Coin Hours, and Skycoin Fiber coins, as well as other leading cryptocurrencies such as Bitcoin and Ethereum.

Skyscam is a scam lol invest in a real project like SUB or HOT

Furthermore, John McAfee, the famous blockchain advocate who is running to become the next United States president, has selected Skycoin as his official technology partner. We can expect to see the merits of Skywire—freedom, decentralization and net neutrality—promoted heavily during his “McAfee2020” election campaign.

John McAfee isn’t the only big name to recognize Skycoin’s potential. Cryptocurrency exchange Binance lists Skycoin as one of their Gold Label projects, and has also established a strategic cooperation agreement with the Skycoin project. Furthermore, Skycoin technology has been recognized by the United Nations as a potential solution to world poverty, inequality and hunger.

https://www.youtube.com/watch?v=7zc12ZPbMLE

NPCs hate Skycoin. But to be fair, you have to have a very high IQ to understand Skycoin. The project is extremely deep, and without a solid grasp of the technology most of the news and updates will go over a typical NPC’s head. There's also Synth’s weaponized autism which is so deftly woven into the SKY platform. His personal philosophy draws heavily from Jacques Attali’s literature, for instance. Skycoin holders understand this stuff. They have the intellectual capacity to truly appreciate the depths of the Skycoin project. To realize that it’s not just cryptocurrency. That it’s a comprehensive blockchain ecosystem that makes most other cryptos obsolete.

Skycoin MATTERS. It says something deep about life, freedom, decentralization, and net neutrality. As a consequence, people who fud Skycoin truly ARE idiots. Of course they wouldn't appreciate, for instance, the elegance of the Skyminer, the unlimited power and scalability of Skycoin Fiber, the sophistication of the CX programming language, or the subtlety of the Coin Hours mechanism. I'm smirking right now just imagining these addlepated simpletons scratching their heads in confusion as they watch the latest Synth interview, as his genius unfolds on their PC screens. What fools. How I pity them.

And yes, by the way, I do have a Skyminer - one of the thousands already deployed. And yes, I built it myself. But it's for the ladies' eyes only. And even then they have to demonstrate that they're within 5 IQ points of my own (preferably lower) beforehand. But they’ll never hold my antenna or get their greedy paws on my Skycoin hardware wallet. Nothing personal.

I managed to get ~10mil coin hours from binance before the sky team implemented advanced send feature in their wallets and whatnot. Only have a few hundred actual skycoin but will grab more soon.

my mom said i cant buy skycoin sry

>>12595008
Looking forward to the Coinhour bank thing. I heard it was like an auction where there will be a certain amount of Skycoin available in a pool each day and everyone will just bid amounts of coinhours to determine the exchange rate.

Has sky coin price bottomed ?
Is sky coin token run on ERC 20 ?

>>12595498
Building a working blockchain from scratch requires a great deal of time, effort and ability. It’s not something that can be done quickly by an unskilled scammer. A cryptocurrency that functions on its own dedicated blockchain is known as a coin (as opposed to a token).

Skycoin has developed its own blockchain with lightning fast, free, private, and infinitely scalable transactions. Not only that, but the Skycoin Fiber platform also enables other projects to launch their own ICOs (with coins, not just tokens) on their own dedicated blockchains, all built on Skycoin technology. By giving each ICO/project its own blockchain, Skycoin Fiber eliminates the contention for resources that occurs on other platforms like Ethereum, in which every project shares the same chain.

Several projects have already launched their coins on Skycoin Fiber, including SolarBankers and MDL Talent Hub.

I’ve had enough of this fucking Skycoin shilling. Why the fuck is this stupid sky shit not banned or censored on biz yet?

>>12596124
Use a filter?

>>12596189
Filter is useless because other people will still be able to see the shill threads.

>>12596124
>>12596533
Imagine being such a faggot that you can't stand other people being able to read things you disagree with. Is this how reddit got the way it is?

>>12596189
It needs to be censored for everyone, too many people are falling for this scam

>>12596813
Nobody is falling for it. Price is eating shit and theyre hemmoraging bagholders.

>>12596958
Price of pretty much everything is eating shit. It's called a bear market. Skycoin's market cap is lower than its profits from hardware sales last year. The coin price says nothing about the fundamental strength of the project.

>>12597210
>Skycoin's market cap is lower than its profits from hardware sales last year
Scam founders make money. Shocking! Still running the whole thing on one fucking node? lol

>>12596533
>>12596813
>Altruism on 4channel
>>12597210
This claim is based on what numbers exactly? Such shameless shilling

>>12597289
Whats so shameless about having a Skycoin thread? Other coins have threads.

>>12597251
Consensus is secured by central masternodes until release of Obelisk. It is a very reliable solution used by numerous crypto projects.

It doesn't mean the whole thing runs on one node. Every wallet contains a copy of the blockchain, and every node validates transactions. The masternodes just put the transactions into a block and sign them.

There is less concern about centralization in the case of Skycoin because there is no block reward in the protocol.

This is the code for the Fiber blockchain and visor that Skycoin uses:

https://github.com/skycoin/skycoin/blob/develop/src/visor/blockchain.go
https://github.com/skycoin/skycoin/blob/develop/src/visor/visor.go

A blockchain is an immutable data structure, and you can see that the blockchain is distributed to nodes that connect to each other peer-to-peer.

If the blockchains on each node are synchronized, a consensus exists regarding the state of the blockchain. Being an immutable data structure, it is not possible for even a centralized validator node to alter the transaction history without it being very obvious what has occurred.

>>12597980
Skycoin isn’t a coin it’s a scam. Completely centralised scam that sells useless hardware to gullible poor people.

There is no consensus algorithm and there never will be. Obelisk is vapourware.

>>12598440

Hmmm, I'm using the hardware as a VPN/proxy right now.

Even if Obelisk was never released (it will be, this year) Skycoin could still run quite successfully on a masternode system forever (as many other blockchain projects do) and this wouldn't negatively impact Skywire or CX or the hardware wallets or Fiber or anything else.

You need better fud my friend.

Sudo you are a fucking faggot.

stay the FUCK away from this scam project

t. ashamed skyminer owner

>SKY

>>12598531
LOL

>>12598627
Nice fiddling with PDFs and documentation you have there. Typical of skyscammers taking care of making a ILLUSION. keeping the VAPOR up and kicking.

>>12598634
Unoriginal fud. Anyone can go to github and review the commits.

>>12598082
Looks really good, interesting to split the outputs and transactions into separate objects.

MODS! Ban this fucking skyscamtoken!

>SKY

I despise skyscam and all the pajeets that shill it

Paid fud is pretty slimy in this thread. I would stay away from any projects that might be spending ICO funds on this kind of smear tactics. SUB and HOT have been mentioned.
>>12594895