March 13th, 2018, Shanghai – Work on Skycoin began in 2011 with the merging of three separate projects that aimed to improve upon the design and implementation of Bitcoin. The Skycoin developers identified several major philosophical design issues that they saw as obstacles to global use of cryptocurrency as a censorship-resistant payment system. Skywire, the decentralized internet protocol and mesh network, was created as a solution to answer many of these problems. Skywire Mainnet is here for Developers to Test After about ten months of intensive testing on a network of nearly 10,000 nodes spanning the globe, Skycoin is happy to announce that the developer version of
The post Skycoin Announces Public Release of Skywire Mainnet appeared first on The Merkle Hash.
Powered by WPeMatico
Technology is advancing at an unprecedented rate. As we progress into a further hyper-connected world the reliance on this technology is becoming more apparent. These advancements in technology, such as the rise of the blockchain technology have allowed companies to utilize a decentralized ecosystem in varying industries worldwide. This technology is, in turn, inspiring trust and providing a level of security that was once thought to be impossible. One such company that has made an impact in this ever growing industry is Skycoin. Disclosure: This is a Sponsored Article Skycoin is a blockchain based company that believes in providing a
Bitcoin and Ethereum may have revolutionized the digital and financial worlds but both of them pose big challenges in the future. It is unlikely that they will improve as drastically and innovativally as required. Both are termed Blockchain 1.0 and Blockchain 2.0 technologies because Bitcoin gave the world the technology and Ethereum used the technology for its smart contracts, thus paving the way for its use in dApps and decentralized companies. But, scalability issues and slower transactions still plague the future development of cryptocurrencies and Blockchain-based systems. In order to move forward with this revolutionary idea, many other startups are
Quite a few different cryptocurrencies exist in the market today, although not all of them will have use cases. Whether or not Skycoin will gain traction as a cryptocurrency remains to be seen. Its blockchain application platform, known as Skywire, will certainly attract a lot of interest on a global scale. What is Skycoin Exactly? There are many aspects of Skycoin which make it appealing, even though it is the Skywire ecosystem which will get most people excited. Skywire is designed to be the new internet by offering an incentivized mesh network with a strong focus on privacy features. Making corporate ISPs a thing of the past