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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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8939758 No.8939758 [Reply] [Original]

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.

>> No.8939914

>>8939758
They ment sky runs on nodes because they are more efficient.

>> No.8939997
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8939997

we moon now

>> No.8940159

>>8939758
>nodes require less electricity
Not compared to today's servers, which is what they're trying to replace.
I think Skywire will grow because there is a demand for decentralization and anonymity, but if it ends up a haven for illegal activities it will get shut down eventually.

>> No.8940189

They're conflating security and consensus, and hoping your understanding of blockchain technology will be superficial enough using familiar words like "web-of-trust", "nodes", "miners", "energy efficient" and "centralization" will lead you to believe their proposal is serious.

>> No.8940324
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8940324

>>8939997
we've been moving for some weeks, hop on the train for steady growth
>>8940159
I've been thinking the same, I'm not so sure about mass adoption, or at least mass adoption in 10 years, but the road is long
>>8940189
people have been dedicating their last years for this what else will convince people the proposal is serious

>> No.8940453

I got into Skycoin in yesterday's dip. No idea if Skywire will work but fuck that, this coin is going up.

>> No.8940504
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8940504

>>8940453
even if skywire doesnt take off, skycion fiber will still be the best way for businesses to deploy their own blockchain and digital assets

https://youtu.be/L2-q2jra13Q

>> No.8940696
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8940696

>>8940453
It's the only coin actually to get close to it's btc ath. from $0.01 during the ICO to 16$ in less than 2 years and the project has been growing steady.
>>8940504
Even if they achieve 50% of what they stated this shit is going to explode in price.

>> No.8940732

>>8940696
I'm just hoping for a decentralized internet, but an increase in price is nice as well

>> No.8940996
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8940996

>>8940732
Depends what you want out of it. I acknowledge that I am in more for the money but I think it's mostly libertarians who get hyped about decentralization. I think most people are ok with being spied on and mostly controlled.

>> No.8941153

>>8940732
It won't replace the internet since major companies have no incentive to use it. But I'm hoping it'll be a Tor on steroids.

>> No.8941208
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8941208

>>8941153
unless, they create their own ecosystem of companies using this alternative. You can expect that people will flock not only for profits, but because they want to retain a semblance of freedom in the future. It will be us and them. I don't know about you or anyone else, but I stand for freedom.

>> No.8941268
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8941268

>>8941208
>>8940996
>>8940696


No idea what this thread is about but I'm bumping for your taste in women.

>> No.8941311

>>8941268
It's a thread about beauty. Thanks for joining in. I hope you don't mind if I save this image, haha

>> No.8941325
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8941325

>>8941268
Sorry, forgot to ad a pic

>> No.8941493

>thread is full of girls
do you really think anyone actually stupid enough not to see through this shill circlejerk?

>> No.8941523
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8941523

>>8941493
there is no way to post without people talking shit about you, might as well post in a way that is pleasurable to yourself, have a pic friend

>> No.8941560

>>8941523
ugly tbqh fampai

>> No.8941616
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8941616

>>8941560
It was supposed to represent you. What ever you saw was what you saw in yourself. Have a new one.

>> No.8941655

>>8941208
Fav coin and favorite photographer as far as hot chicks go

>> No.8941783 [DELETED] 
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8941783

>people whining about Verge and Intense Coin getting raped
>DERO dev team is literally BEGGING ASICs and others to try to break them
>begging for 51% attacks and anything else that can be thrown at them
>DERO hasn't been attacked for the past 10 days because the DERO blockchain is impenetrable
>FUD is absolutely ridiculous, some fag spamming outdated and incorrect information, DERO threads being completely ignored while everyone accumulates in secret

Come at me bros.

I know you won't. You'll just ignore the thread and HOPE the thread dies so you can keep accumulating. And don't worry, it will die, because DERO is the moon mission /biz/ doesn't deserve.

>> No.8941807

>>8941783
god damn it pajeet

>> No.8941824

>>8941153
The whole point is to ignore governments and massive corporations.

>> No.8942409

>>8939914
Just like NANO!