/biz/ - Business & Finance

>>13061963

False. You don't need to use a VPN or even be an exit node. When fully deployed, Skycoin exit nodes will mostly be in colo centers and safe countries. Most Skywire nodes will simply be relay nodes, relaying encrypted traffic from one node to the next.

>>12891117

Despite its flaws, Tron is a top-10 ranked project on CMC. For Skycoin GitHub activity to be up there with the high ranked projects shows that Skycoin developers and punching above their weight for such a low market cap project.

>>12853257

>Sky miners don’t MINE

Neither do Bitcoin miners. Mining is the extraction of resources from the earth.

> The database is fucking centralized

The blockchain is an immutable ledger that is distributed across thousands of nodes, so it's decentralized.

The writing of blocks is not yet decentralized, because only the masternode can write blocks into the immutable ledger.

>>12605113
A fast and free VPN/proxy is just one of the working features of Skywire during testnet.

With the upcoming release of the eagerly awaited Skywire antennas, Skycoin’s prominence in the non-crypto world will explode as users start to install these highly visible antennas on their rooftops. Local businesses are expected to spring up, helping to install Skyminers and antennas as residents rush to access this new free decentralized Internet service, and say goodbye to their overpriced and unreliable legacy ISPs.

Skyminers and antennas are designed in a modular fashion, so they can be built by anyone, using readily available low-cost components. This ensures that even the poorest and most remote villages on earth can build the equipment necessary to join the world’s first global decentralized peer-to-peer mesh network. Skywire will bring cheap Internet access to parts of the world with little or no traditional communications infrastructure.

With mass adoption of Skywire, the Coin Hours economy will also take off. Coin Hours are earned at the rate of one Coin Hour per hour for every Skycoin held in a wallet. They are also earned by running a Skyminer node. A Coin Hours Bank and Coin Hours Exchange are due to launch this quarter, which will enable Coin Hours to be saved or traded for more Skycoin. An entire working economy will emerge around Coin Hours, with this currency being used to pay for resources on the Skywire network, pay for services within Skycoin games and apps, and even pay for real-world goods and services. Coin Hours will also be listed on mainstream cryptocurrency exchanges.

Skyminers and antennas are designed in a modular fashion, so they can be built by anyone, using readily available low-cost components. This ensures that even the poorest and most remote villages on earth can build the equipment necessary to join the world’s first global decentralized peer-to-peer mesh network. Skywire will bring cheap Internet access to parts of the world with little or no traditional communications infrastructure.

With mass adoption of Skywire, the Coin Hours economy will also take off. Coin Hours are earned at the rate of one Coin Hour per hour for every Skycoin held in a wallet. They are also earned by running a Skyminer node. A Coin Hours Bank and Coin Hours Exchange are due to launch this quarter, which will enable Coin Hours to be saved or traded for more Skycoin. An entire working economy will emerge around Coin Hours, with this currency being used to pay for resources on the Skywire network, pay for services within Skycoin games and apps, and even pay for real-world goods and services. Coin Hours will also be listed on mainstream cryptocurrency exchanges.

Speaking of exchanges, Skycoin is developing its own DEX (Decentralized Exchange). The SKYDEX will support the trading of Skycoin, Coin Hours, and Skycoin Fiber coins, as well as other leading cryptocurrencies such as Bitcoin and Ethereum.

>>12464885
Hello this is now a Skycoin thread.
Feel free to ask any questions. Skyminers are being subsidized by the team as we speak. It’s also advisable to build DIY miners from other computers and ARM boards.

>>12443737