[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 2 KB, 32x32, sky.png [View same] [iqdb] [saucenao] [google]
9867965 No.9867965 [Reply] [Original]

So, is this a scam or not?

>> No.9868029
File: 3.32 MB, 4608x3456, IMG_20180527_194046.jpg [View same] [iqdb] [saucenao] [google]
9868029

>>9867965
Connect to my node and find out

>> No.9868045

All I want to know is how much sky I'll get if I buy the miner tomorrow. What's the rebate? What exchange rate will they use?

>> No.9868055

>>9867965
If a scam, it's the longest con you will ever have seen.

>> No.9868132

>>9868029
prepare to get your ass busted when freakos use your little vpn to download pizza
and they will
gl
inb4
>its encrypted faggot, you don't understand
just wait

>> No.9868153

>>9868055
>Years of development
>One of the ethereum founders wrote the whitepaper
>Ark founder is an advisor
>QTUM CEO is an investor

>Must be Skycoin scam

>> No.9868429

>>9868132
It is a bit frightening that I'm forced to be an exit node for now. But it's on a company's internet connection, so I won't be held responsible personally.
The testnet rewards seem to be high enough to be worth this risk.

>> No.9868474

>>9868429
what are the rewards?

>> No.9868549

>>9868474
no one knows
as far as the latest ramblings from the cultleader go, the rewards will be coinhours for the testnet too
maybe you can sell them for coins in the future

>> No.9869177

>>9868549
>coinhours for testnet
Fuck you pajeet. Coinhours are paid only on the mainnet for forwarded bandwidth and other services. On the testnet the reward is entirely in Skycoin. You are paid Skycoin for testnet participation. On mainnet there will be a coinhours buyback program to exchange your coinhours for Skycoin and burn the coinhours. But if you really want to get paid on mainnet you will need to spread the network in your area, if you don't do it someone else will.

>> No.9869264

They claimed that the network will be without isp. How will you connect then? Connect pc to sea with usb?

>> No.9869287

>>9869264
It's a pretty old idea (look up meshnets)

>> No.9869307

>>9869264
>>9869287

tl;dr it requires lots of other users around you so your phone/wifi/whatever can connect to them and they connect to others and so on forming a distributed "mesh"

>> No.9869326

>>9869287
>>9869307

That said, you don't need SkyCoin to build it.

>> No.9869393

>>9869287
>>9869307
Yea. And how to connect across the sea or oceans, or any remote locations? That isea only works well for big city and even then they can't connect to others.

>> No.9869450

Skycoin was a reactionary project to fix the problems in bitcoin, and has been in development longer than any of these other shitcoins on the market. It was meant specifically to replace it. Skywire is only one app. Skycoin is what Satoshi envisioned, a true distributed ledger.

Here is a list of a few of the problems SKY had fixed in Bitcoin:
Elimination of the need for miners for network consensus through a new consensus algorithm.
Elimination of dependence on the human element in the network operation.
Duplicate Coinbase outputs
Signature malleability.
Reduction in complexity in implementation.
Dozens of other small security related improvements.
Elimination of external network dependencies that create security concerns.
51% attack proof and strengthening against various cryptographic attacks.
Simplified, more power data, transaction and wallet APIs.
Bainwallet, deterministic wallets as default.
Intrinsic support for gmaxwell CoinJoin transaction privacy protocol.
New networking protocols to enable the verification of the mathematical prerequisites for consensus network convergence.
Separation of coin creation from consensus network, to eliminate Bitcoin's tendencies towards mining centralization.
Directed bipartite TX/UTXO transaction graph structure which is more elegant and efficient than Bitcoin's multi-graph structure.
Provably upper bounded network, RAM and CPU resource usage for network operation
Soft coded, adjustable blockchain size parameter to enable network transaction rate scaling
Rolling unspent output state error correction coding in the block header for early detection of software/hardware non-determinism.
Blockchain/transaction/history storage database with constant time lookup, index-less operation for all major blockchain history queries.

>> No.9869537

>>9869450
Not all are true.
And some are only on paper

>> No.9869545

>>9869450
>6 years in the making
>satoshis true vision
>can't even make a functioning wallet
just

>> No.9869861

>>9869545
The wallet works fine, what's wrong with it?

>> No.9869912

>>9869861
it's kaputt