RE: SkyCoin - An Ongoing Coin Distribution Event And The Rise Of The Arms

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SkyCoin - An Ongoing Coin Distribution Event And The Rise Of The Arms

in bitcoin •  8 years ago 

This is a hint for the founders not being honest.
Now I bet it is an inflationary coin with a higher inflation rate than Monero and Ripple.
Just because it was not explicitly stated.
My advise is to stay out of it.

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just dig deeper into the skycoin blog, they have superior tech to any existing coin today, it's like whole different league: the cost of transactions is zero, the tx speed is few seconds, which is visa/othercrypto-killer and , same with security as it uses consensus algorithm that detects malicious node behaviour. and im agree, skycoin site sucks, its hard to find info there but the team is working on the new site anyway

The cost of transactions is never zero, it is just being financed by other costs, such as the cost of inflation.