skycoin is looking for people to help build a new internet.
Skycoin will be looking for info graphic artist's , golang programmers and application developers, media experts and promotion people. project managers and bug hunters..
contact https://t.me/Skycoin Synth
The basics, skycoin is a community driven developer project that has been researched and developed over 7 years.
It is broken up in two parts a next generation wallet that is more secure and faster then bitcoin and network technology that will help keep our information private and without censorship or control.
Similar project is maidsafe and bitcache.
What skycoin has is a wallet that is not POW or POS
The basics of the coin - Uses protocol called Obelisk instead of PoW. Obelisk is a provably secure PoW alternative for creating fair total orderings in decentralized systems with adversarial nodes. Obelisk was chosen over other proposals because it is provably secure and can be layered over Bitcoin's existing security model to eliminate the possibility of 51% attacks.
Transactions are free. Users receive coin-hours for each hour they hold a coin. Coin-hours are spent on transaction fees. Transactions bid to enter a fixed sized block.
Transactions are fast. Most transactions are executed within fifteen seconds.
The second part is the network.
Broken up into 8 layers for flexibility
Sky Ledger is Skycoin's block chart standard based upon uxto model.
- Obelisk is Skycoin's innovative consensus algorithm which replaces POW and POS with a web of trust. The new cryptographic and network primitives allow verification of mathematical conditions for unanimous network consensus, both for public and private blockchains. The new network primitives also enable detection of malicious node behaviour. Obelisk was inspired by academic research into adversarial distributed time-stamping and algorithms such as Ben-Or's, Paxos, and the Castro-Liskov PBFT algorithm. It is a new solution to the Byzantine Generals problem which offers strong mathematical security guarantees, even when the majority of nodes are hostile.
- BlockDB is Skycoin's block storage engine which doesn't use SQL. It is a key-value store for constant time operations without indices.
- Aether is Skycoin's peer-to-peer caching and replication protocol of immutable CXO objects.
- CXO is Skycoin's immutable object system.
- CX is Skycoin's programming / application / blockchain language.
- Skywire is Skycoin's meshnet. A new public source routed MPLS network protocol, designed and integrated into the Skycoin ecosystem.
- Skycoin is the token powering the ecosystem, through which Skywire and Aether can be used.
learn more http://skycoin.net/
interesting! nice idea to use MPLS protocol 😊