Skycoin is a third-generation cryptocurrency promoting a new free and open internet. Skycoin is the cryptocurrency of Skywire. A currency for digital bandwidth, backed by the modern web. Fast transactions, no transaction fees.
WHAT IS SKYCOIN(SKY)?
Skycoin is a next-generation cryptocurrency. Skycoin discusses those problems and limitations of Bitcoin that cannot fix due to how Bitcoin created implemented and deployed. Skycoin is formed to satisfy the need for a medium of exchange for those who want to keep what they produce.
Skycoin’s center features are privacy, speed, security, and ecosystem.The Sky Privacy Protocol resolves the problems implicit in PoW- and PoS-based coins to bring you a decentralized and democratic agreement network. The organization has a market capitalization of US$26,787,499. Michael Terpin (Coinovate, CoinAgenda, BitAngels) and Richard Kastelein (Blockchain News, CryptoAssets Design Group) are advisors to the project and assisting with marketing. The synth is the architect and project figurehead.
HOW DOES SKYCOIN(SKY) WORK?
Skycoin coded from its primary structure in the Go programming style initially produced by Google. Bitcoin has wasted much of its decentralized structure due to pool mining. Skycoin needs to prevent this with its very own consent algorithm, named Obelisk. Moreover, there is no mining at Skycoin. For Satoshi, mining grounded out to be one of the primary downfalls and non-cryptographic threats to the development and endurance of Bitcoin. Skycoin enables users to continue earning coins in return for the network’s power supply.
HOW TO BUY SKYCOIN(SKY)?
The user can’t buy SKY directly for fiat on any exchange. The user can choose the best coin exchange for the region and obtain BTC/ ETH there, then trade it for SKY on exchanges. Check if Coinbase is open for your country and buy there – as it is by far the safest and best-regulated bitcoin exchange. Once the user has BTC/ ETH with them can head to Cryptopia or C2CX and trade BTC/ETH to SKY.
SKYCOIN(SKY) PRICE PREDICTION 2018
SKY can be a profitable investment option. Skycoin price equal to 13.132 USD at 2018-03-08. If you buy Skycoin for 100 dollars today, you will get a total of 7.615 SKY. Based on our forecasts, a long-term increase expected, the price prognosis for 2023-03-03 is 231.604 US Dollars. With a 5-year investment, the revenue is supposed to be around +1663.63%. Your current $100 investment may be up to $1763.63 in 2022. SKY price today is $13.132, and the market cap value stands at $100,872,902. The volume marked as $795,034, and the current supply is 7,679,294 SKY.