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/biz/ - Business & Finance

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File: 80 KB, 1263x800, skycoin.png [View same] [iqdb] [saucenao] [google]
5265656 No.5265656 [Reply] [Original]

Blockchain thats been in developement since the bitcoin early days, fixing literally all of the issues with bitcoin:
>web of trust algo that got rid of the miners and pos hoarding from network operation
>fixed double spending
>fixed signature malleability
>51% attack impossible
>secure deterministic wallets
>coinjoin protocol for privacy
>created their own networking protocols for consensus verification
>uses a lot less resources than bitcoin nodes
>soft coded blockchain size parameter for ez scaling
>provably hundreds of txs per seconds
>no tx fees
>timelocked distribution over a 14 year timeline
>actually got their own programming language for developing dapps on blockchain, no "smart contracts" bullshit

Coin itself is used for operating skywire, a new decentralized internet built from the ground up, designed to be in every way better than tcp/ip
>got their own hardware infrastructure
>uses public keys instead of ip addresses
>all traffic encrypted by default
>man in the middle attacks impossible
>nodes forwarding traffic can only see the previous and next hop, not origin or destination
>latency superior to ipv4 because ISPs use hot potato routing and skywire doesnt
>speed superior because bandwidth aggregation is possible, using the unused bandwidth of your neighbours
>immune to all of ISP fuckery such as throttling, censorship, outages etc
>works as an overlay over the current internet as of now, but will be completely independant as soon as the network backhaul is in place
>incentivized for the first 14 years, you get paid for running a node and transferring packets for the network
>it will be faster and pretty much free, no way current ISPs can compete

Don't get left behind /biz/

>> No.5265817

>>5265656
also
>the person who wrote the original ethereum whitepaper is one of the early skycoin devs

Houwu Chen, google it

>> No.5266005

>>5265656
thank u sir i buy many skycoin sir targets pls?

>> No.5266019

memecoin

>> No.5266100
File: 440 KB, 960x891, En5se5d.png [View same] [iqdb] [saucenao] [google]
5266100

>>5265656
no point shilling it here, biz just buys whatever pump and dump shitcoin is hyped at the moment

good effort tho

>> No.5266398

>>5265656
shit looks legit, thank you for letting me know kind anon. I will invest in this before normies awake to its existence in which case it will go to the moon and beyond.

>> No.5266489
File: 116 KB, 1200x592, photo_2017-12-13_01-32-36.jpg [View same] [iqdb] [saucenao] [google]
5266489

They're also creating a decentralized uncensorable BBS on blockchain, designed to be a successor to 4chan once (((they))) finally shut this site down.

It's functional already.
https://www.youtube.com/watch?v=vPawRTTWjag
The devs are literally /ourguys/

>> No.5267018

>>5265656
Personally holding my BTC until solid 20k, then will move everything over to commodity backed coins like Sky.

>> No.5267134

>>5265656
only on cryptopia

dont think itll pump much until its on bigger exchanges

>> No.5267207
File: 51 KB, 500x625, photo_2017-12-13_13-00-22.jpg [View same] [iqdb] [saucenao] [google]
5267207

>>5267134
Yeah so that's why you get some before that

>> No.5267286

>>5267134
That's why you accumulate before it goes on bigger exchanges. Buy high sell low

>> No.5267482
File: 99 KB, 640x640, e2FmBAd.jpg [View same] [iqdb] [saucenao] [google]
5267482

how many sky do i need for a gf like this

>> No.5268185

>>5267482
14.88 in Q2 2018

>> No.5269034

>>5265656
OK I bought 50 of your shitcoin
What is the next step?

>> No.5269652

>>5269034
moon
you're welcome

>> No.5270076

>>5265656
Quality thread