/biz/ - Business & Finance

[Anonymous No.6444030]

Skycoin will unironically catch up to bitcoin this year.

[Anonymous No.6444106]

>>6444030
lol oooook

[Anonymous No.6444107]

>>6444030
why

[Anonymous No.6444325]

>>6444106
>>6444107
Just letting you know ;)

>0 Fee transactions
>Fast - transactions confirmed in seconds
>Skycoin is coded from scratch in Golang
>6 years of development, originally started as an effort to fix the security vulnerabilities of bitcoin
>Revolutionary new consensus algorithm to replace PoW and PoS
>Allows to have a truly decentralized network without miner or stakeholder influence
>Increasing business adoption, companies that don't want to maintain a blockchain of their own or use Ethereum (solarbankers, spaco, some more starting up)
>Security and privacy were the main objectives designing it
>Untraceable transactions because of Coinjoin
>Holding Skycoins generates extra income in the form of coinhours
>Massive ecosystem of applications running on Skywire. Including decentralized exchange, social media, file sharing and VPN apps.

Coins are used to pay for resources on Skywire
>An actual decentralized internet, ISPs have no control over it
>Designed to be ran on Skycoin's own open source hardware infrastructure
>New networking protocols
>Facilitates faster, secured, private browsing
>Distributes content faster and more anonymously than alternatives
>Sustainable democratization of the Internet
>Earn coins for running hardware nodes, providing bandwidth and storage
>Spend coins to get a priority of network resources over others
>Nodes function as “miners” for Skycoins cryptocurrency
>Immune to all currently known network based attacks, exploitation and manipulation tactics of ISPs
>Encrypted by default
>No throttling, censorship or service outages
>Enhanced privacy and security for a new Internet
>Eliminates attacks on individual IP addresses

I'm not sure whether it's going to replace BTC, but it should catch up to it at least.