>Skycoin's market cap is lower than its profits from hardware sales last year
Scam founders make money. Shocking! Still running the whole thing on one fucking node? lol
Skycoin vs Forks vs Tokens
Samuel Gutierrez
Ethan Campbell
>Altruism on 4channel
This claim is based on what numbers exactly? Such shameless shilling
Jackson King
Whats so shameless about having a Skycoin thread? Other coins have threads.
Christopher Reed
Consensus is secured by central masternodes until release of Obelisk. It is a very reliable solution used by numerous crypto projects.
It doesn't mean the whole thing runs on one node. Every wallet contains a copy of the blockchain, and every node validates transactions. The masternodes just put the transactions into a block and sign them.
There is less concern about centralization in the case of Skycoin because there is no block reward in the protocol.
This is the code for the Fiber blockchain and visor that Skycoin uses:
github.com
github.com
A blockchain is an immutable data structure, and you can see that the blockchain is distributed to nodes that connect to each other peer-to-peer.
If the blockchains on each node are synchronized, a consensus exists regarding the state of the blockchain. Being an immutable data structure, it is not possible for even a centralized validator node to alter the transaction history without it being very obvious what has occurred.
David Turner
Skycoin isn’t a coin it’s a scam. Completely centralised scam that sells useless hardware to gullible poor people.
There is no consensus algorithm and there never will be. Obelisk is vapourware.
Robert Davis
Hmmm, I'm using the hardware as a VPN/proxy right now.
Even if Obelisk was never released (it will be, this year) Skycoin could still run quite successfully on a masternode system forever (as many other blockchain projects do) and this wouldn't negatively impact Skywire or CX or the hardware wallets or Fiber or anything else.
You need better fud my friend.
Elijah Reyes
Sudo you are a fucking faggot.
stay the FUCK away from this scam project
t. ashamed skyminer owner
Gavin Allen
>SKY
Jason Nguyen
LOL
Kevin Moore
Nice fiddling with PDFs and documentation you have there. Typical of skyscammers taking care of making a ILLUSION. keeping the VAPOR up and kicking.