Skycoin Official Announcement: Status Update
Official announcement regarding recent incident with Chinese marketing team members
The Skycoin Platform is the most advanced blockchain platform in the world. Developed by early contributors to both Bitcoin and Ethereum, Skycoin’s platform is completely secure, infinitely scalable, and ISP independent. Backed by bandwidth, storage, and computational power Skycoin is built to fulfill Satoshi’s original vision.
“Net neutrality and consumer data privacy emerged as two key issues in tech in 2017. If you’re concerned about paying ridiculous fees to ISPs for unreliable coverage, having your data sold, or government monitoring and censorship - Skycoin provides hope. These are the core issues Skycoin is attempting to solve.”
The Skycoin Skyminer is meticulously designed and configured to provide a rock-solid telecom backbone for the Skywire infrastructure. The custom-built hardware is focused on delivering maximum security, efficiency and performance to the software-defined network. The multi-board architecture enables each node to support an independent service on Skywire. By isolating the nodes, each service can safely operate independently of attacks on peripheral services. These service-providing nodes are managed by an OpenWRT router with strict packet forwarding and access control rules for additional security. Skyminers are paid in Coin Hours for providing services and security to the Skywire network.
At Skycoin, we want to bring users what they asked for: a true, decentralized network without central authority. To accomplish this task, we went beyond PoW and PoS to create a wholly new decentralized algorithm that reconfigures the inner workings of blockchain. Our distributed consensus algorithm, Obelisk, succeeds in delivering just such a network.
Its web-of-trust style consensus prevents the development of centralized power. Skycoin requires no mining, is immune to 51% attack, and transactions occur in seconds. Decisions are made through community consensus, not based on the wishes of a few majority stakeholders.
The most powerful and complete cryptocurrency platform ever created.
The “web of trust”, a new kind of consensus algorithm solving the fundamental flaws with PoW & PoS.
The infinitely-scalable and highly customizable parallel peer-chain architecture of the Skycoin platform.
The new Decentralized Internet, a wireless mesh network that pays you for supporting it.
The hardware backbone for an unbreakable decentralized internet. Get paid for providing bandwidth, storage, and cpu power while you sleep.
A custom built programming language, developed on top of Golang. Designed to be easy to learn and fast to implement.
Accrued by holding Skycoin, Coin Hours are the payment mechanism for services on the Skycoin platform.
The building blocks of the Skywire network, deployable by anyone to ensure decentralization of the Skywire ecosystem.
A peer-to-peer cloud storage service tailored to service the distributed network of Skywire.
Native platform support for CoinJoin to provide completely private, untraceable transactions.
Built-in end-to-end virtual private encryption over the Skywire network to ensure privacy.
The most popular application currently built on Fiber. Kittycash is a complete gaming ecosystem, powered by cats.
Our fully encrypted messenger service, free from prying eyes or bad actors.
The framework for building distributed social network services.
Stay current, receive updates from the Skycoin team, and enjoy the progress by subscribing to our newsletter! Enter your personal email address & prepare for liftoff today.