Skycoin Project is building the new internet. This includes:

What is Skycoin?

A currency for digital bandwidth, backed by the new internet. Fast transactions, no transaction fees, Skycoin is a third-generation cryptocurrency supporting a new free and open internet.

Skycoin is the cryptocurrency of Skywire. That means Skycoin has a practical application more than simply acting as another digital currency. The way Skycoin works is this: When you pass something along the Skywire network, you earn Skycoin. When you need to access the bandwidth yourself, pay via Skycoin. It only takes seconds to send and receive, with thousands of transactions per second.

What is Skywire?

Skywire is the new internet. An incentivized mesh network poised to become the privacy protocol of the future.

Skywire’s goal is to make corporate internet service providers a thing of the past by giving the internet back to the people with its revolutionary privacy protocol. Peer-to-peer technology with a grassroots ethos, Skywire’s new networking protocol promotes net neutrality and sharing without blocking, slowdowns or censorship.

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Skywire Miner: hardware for the new internet

Skycoin’s meticulously designed miners are the backbone of the new internet. Energy-efficient Skyminers transmit information to our state-of-the-art mesh network to earn Skycoin without the environmental cost of traditional mining.
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The Sky Privacy Protocol solves the problems inherent in PoW- and PoS-based coins to bring you a decentralized and democratic consensus network. Take a look at the technology behind it:

Obelisk: The Skycoin Consensus Algorithm

Satoshi originally intended the Bitcoin network to be decentralized, over hundreds of thousands of computers. Today, the Bitcoin network is completely controlled by three mining pools. Bitcoin is no longer decentralized. Skycoin's consensus algorithm is designed to achieve true decentralization of blockchain consensus.

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True decentralization means no government can censor Skywire, no corporate interest can stop it.

The internet began as a community of people wanting to share information — the time has come to bring back that vision of the internet using a cryptocurrency that truly fulfills Satoshi’s vision of a decentralized cryptocurrency with Skycoin.