Skycoin

DLT Technology · Mining & Hardware · Payments
Skycoin header

Skycoin

DLT Technology · Mining & Hardware · Payments

Blockchain Application Platform and Cryptocurrency

China, Shanghai
2017
Year of establishment
Active
Status

About

Hi we’re Skycoin!


The Skycoin blockchain uses a novel consensus algorithm to replace PoW and PoS. It also fixes security problems associated with other blockchain networks and decouples coin creation from the mining process. The result is a fully decentralized cryptocurrency that fulfills Satoshi’s original vision.
The Skycoin blockchain does not use mining, so user power cannot be concentrated in a few large mining pools as it is with Bitcoin today. Coin creation doesn’t give certain users disproportionate control over the network. The supply of Skycoin is fixed. Skycoin transactions occur in seconds and are more secure. With Skycoin, we’ve created an immutable cryptocurrency that functions as digital property, rather than a political tool for amassing control over networks.

Key objective

Skycoin leverages blockchain to provide a universal, decentralized and secure mesh-internet.

Slogan / Motto

The New Internet For The New World.

Use cases

Digital Currencies
Hardware
Micropayments
Infrastructure

Team

Tokens

Skycoin
Skycoin
($SKY)
Type
Utility tokens
Price
$3.43
Market Cap
$68,538,298.00