Written From Scratch in Golang. Inspired by Bitcoin
Third generation crypto asset
10 second transactions. 100 million coins
Provably Secure. First Secure Non-PoW Coin. Not based upon PoW or PoS.
No mining. No 51% attack. No double spending
About
Website: http://skycoin.net
Wallet Client: http://skycoin.net
Market Tracker: https://coinmarketcap.com/currencies/skycoin/
Exchanges:
- C2CX: https://www.c2cx.com/trade_sky (Yuan/SKY, BTC/SKY)
- Cryptopia: https://www.cryptopia.co.nz/Exchange/?market=SKY_BTC (BTC/SKY)
- more soon
Telegram Group: https://t.me/Skycoin
Slack Channel Signup: http://skycoin.herokuapp.com/
Slack Channel: https://skycoin.slack.com
Github: https://github.com/skycoin
Bitmessage Channel
name: skycoin
address: BM-2cW9oxq2cx8PmWgySvaHyJnTpcxpsiFhqD
Bitmessage Developer Address:
- BM-2cXFat4fHmeRe8EFJjY3Dzo6RoifcgiKgp
- BM-2cU8XJp3GPVQG75ZwMjiyzdDEa9eD4B7iM
Skycoin is a third generation crypto coin. The Skycoin project is a long term infrastructure project that began around the time Litecoin was launched. Skycoin is designed a successor to Bitcoin. Skycoin is focused on core features, security, usability and simplifying Bitcoin instead of adding features as a marketing gimmick.
There are still major outstanding problems with Bitcoin and those are the problems we are addressing.
- elimination of the need for miners for network consensus through new algorithms, elimination of dependence on the human element in the network operation
- duplicate coinbase outputs
- signature malleability
- reduction in complexity in implementation
- dozens of security/crypto related improvements
- elimination of external dependencies that create security concerns in Bitcoin
- 51% attack proof and strengthening against various attacks
- simplified, more power data, transaction and wallet APIs
- brainwallet, deterministic wallets as default
- network security improvements
- intrinsic support for gmaxwell CoinJoin transaction privacy protocol
- new networking protocols to enable the verification of the mathematical prerequisites for consensus network convergence
- separation of coin creation from consensus network, to eliminate Bitcoin's tendencies towards mining centralization
- directed bipartite TX/UTXO transaction graph structure which is more elegant and efficient than Bitcoin's multi-graph structure
- provably upper bounded network, RAM and CPU resource usage for network operation
- soft coded, adjustable blockchain size parameter to enable network transaction rate scaling
- rolling unspent output state error correction coding in the block header for early detection of software/hardware non-determinism
- blockchain/transaction/histrory storage database with constant time lookup, indexless operation for all major blockchain history queries
- etc...
Skycoin is 51% attack proof and addresses many of the security issues in Bitcoin. Skycoin is designed to be a simpler, easier to use, more secure Bitcoin. Skycoin emphasizes simplicity, security and usability.
Skycoin is a major research undertaking and has taken several years. We are finishing up phase one of project implementation and then focusing on services and driving adaption.
Skycoin is being developed in collaboration between AKS, Myth and Syndicate under Darknet Plan and OP Redecentralize.
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Hello,
Thanks for this overview of SkyCoin. Do you already know how the ICO will work ? How many coins released ? Maximum Cap ? Etc ?
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