Welcome to Skycoin!
This is the official channel for information on the release of Skycoin (SKY).
About Skycoin:
Skycoin (SKY) is a next-generation cryptocurrency. Skycoin has no mining, no scripting language, and no 51% or DDoS vulnerability. It is a pure coin that has been designed from the ground up to resolve key structural issues in the current generation of digital currencies and create a sustainable, immutable value store.
Skycoin is also the currency of Skywire. Skywire is the new distributed Internet, designed to distribute content quickly, safely, and anonymously. Skycoins will be distributed over time to participants in the Skywire network who provide connectivity and services.
Key Features and Benefits:
- Security and Privacy: Skycoin has been designed from the ground up in Golang, using time-tested cryptographic standards.
- Usability and Sustainability: Skycoin uses neither proof-of-work (POW) nor proof-of-stake (POS), featuring the first new consensus algorithm since PeerCoin. The new network consensus algorithm is based on Ben-Ors decision procedure. This facilitates two key benefits:
- Not just a coin: Skycoin tokens are both a cryptocurrency and a token.
- Supply and Distribution: The total supply of Skycoin is capped at 100 million coins. They can neither be created nor destroyed, and are totally immutable. Skycoins will be disbursed to participants in the Skywire network who provide connectivity and services.
About Skywire:
Skywire is the new Internet. It is designed to distribute content faster, safer, and anonymously.
It is composed of 2 key components: Aether, a peer-to-peer replicated object system, and Skynet, a distributed networking backbone.
Aether powers the distribution of immutable, anonymous web content. Applications include video streaming, message boards, chats, and any other service that can be created on the traditional Internet.
Skynet is a source routed, public MPLS network which allows every user to essentially become their own ISP. It is built on a whole new networking stack and in its own namespace.
While Aether and Skynet can run independently, their full potential is reached when they are combined to create a truly indestructible network.
Progress
Skycoin and Skywire has been in development for over 4 years. We are at the precipice of our initial release. Stay tuned for access to exclusive ICOs and demos of Skywire technology.
Key Links:
- Skycoin Website: http://skycoin.net/
- Download The Wallet: http://skycoin.net/downloads.html
- White Papers: http://skycoin.net/documentation.html
- Github: https://github.com/skycoin
This is the official channel for information on the release of Skycoin (SKY).
About Skycoin:
Skycoin (SKY) is a next-generation cryptocurrency. Skycoin has no mining, no scripting language, and no 51% or DDoS vulnerability. It is a pure coin that has been designed from the ground up to resolve key structural issues in the current generation of digital currencies and create a sustainable, immutable value store.
Skycoin is also the currency of Skywire. Skywire is the new distributed Internet, designed to distribute content quickly, safely, and anonymously. Skycoins will be distributed over time to participants in the Skywire network who provide connectivity and services.
Key Features and Benefits:
- Security and Privacy: Skycoin has been designed from the ground up in Golang, using time-tested cryptographic standards.
- Skycoin cannot be 51% attacked no matter how much money or hashing power an adversary has, they cannot reverse transactions.
- No duplicate coinbase outputs, no transaction malleability, no signature malleability, and significantly reduced edged cases.
- Skycoin has native support for G Maxwells coin join algorithm to provide a higher level of user anonymity compared to similar cryptocurrencies.
- Usability and Sustainability: Skycoin uses neither proof-of-work (POW) nor proof-of-stake (POS), featuring the first new consensus algorithm since PeerCoin. The new network consensus algorithm is based on Ben-Ors decision procedure. This facilitates two key benefits:
- With transaction confirmations in as low as 4 seconds and no transaction fees, Skycoin is ideal for Point of Sale (POS) and IOT applications.
- By avoiding proof-of-work, Skycoin does not waste electricity by consuming exponentially growing, unsustainable amounts of electricity through mining.
- Not just a coin: Skycoin tokens are both a cryptocurrency and a token.
- Skycoin is the currency and facilitator of Skywire, a new alternative Internet, giving it practical application beyond a digital currency.
- The Skycoin ledger is just a component of a larger application ecosystem.
- Supply and Distribution: The total supply of Skycoin is capped at 100 million coins. They can neither be created nor destroyed, and are totally immutable. Skycoins will be disbursed to participants in the Skywire network who provide connectivity and services.
About Skywire:
Skywire is the new Internet. It is designed to distribute content faster, safer, and anonymously.
It is composed of 2 key components: Aether, a peer-to-peer replicated object system, and Skynet, a distributed networking backbone.
Aether powers the distribution of immutable, anonymous web content. Applications include video streaming, message boards, chats, and any other service that can be created on the traditional Internet.
Skynet is a source routed, public MPLS network which allows every user to essentially become their own ISP. It is built on a whole new networking stack and in its own namespace.
While Aether and Skynet can run independently, their full potential is reached when they are combined to create a truly indestructible network.
Progress
Skycoin and Skywire has been in development for over 4 years. We are at the precipice of our initial release. Stay tuned for access to exclusive ICOs and demos of Skywire technology.
Key Links:
- Skycoin Website: http://skycoin.net/
- Download The Wallet: http://skycoin.net/downloads.html
- White Papers: http://skycoin.net/documentation.html
- Github: https://github.com/skycoin
Extremely interested in anything to do with Meshnet and am interested in this , more info is good read and you have me interested !!
Yes. The meshnet is very excited.
We do not have the meshnet whitepaper on the website yet, but the three consensus whitepapers are online.
- http://skycoin.net/whitepapers.html
The "meshnet" Skycoin is not actually a meshnet. It is a new type of modular software defined networking, that could be used to build meshnets or community ISPs. It is also very useful for machine-to-machine communication, IoT and building VPN clients.
It is actually not even possible to build one of these networks on top of IPv4 or IPv6, because meshnets require features like route selection, multihoming, store-and-forward, connection fall over and have to have mathematical properties that IPv4/IPv6 networks and routing do not have. We proved early that it is mathematically impossible to meet the technical requirements in a stateless routed network (ruling out IPv4, IPv4. BGP), so this is a completely new networking namespace and essentially a new internet build on top of the existing internet (for now, until people run physical cables).
We are also doing experiments in content addressable storage and source independent networking. Which will be essential for fully taking advantage of this new type of networking.
Here some infographics.
The meshnet is basicly working, but we have not finished the first applications yet.