Skycoin (SKY)
Skycoin (SKY)
0.058091 15.66 %
Rank # 3692 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 22,241,374.00
Total Supply 100,000,000.00
Max Supply 0.00
  Week Month Year All Time
High

15-12-2024

0.058091
0.00%

15-12-2024

0.058091
0.00%

19-05-2024

0.061817482194
-6.03%

29-12-2017

₹5,730,800.59
-99.88%
Low

11-09-2024

0.045843873569
26.71%

10-09-2024

0.042502357012
36.68%

26-01-2024

0.017863741642
225.19%

29-08-2022

₹5,628.29
9,104.66%

Skycoin News (Sky News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Skycoin Chart (Sky Chart)

Skycoin Price USD (Sky Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Skycoin Price History (Sky Price History)
Price Market Cap Volume Date
Coin Skycoin
Comments
Skycoin Price Today (Sky Price Today)
The Skycoin Platform is the most advanced blockchain platform in the world. Developed by early contributors to both Bitcoin and Ethereum, Skycoin’s platform is completely secure, infinitely scalable, and ISP independent. It uses its own specific distributed consensus algorithm, called Obelisk, instead of other commonly used algorithms like proof of work (POW) and proof of stake (POS). Obelisk uses the concept of ‘web of trust dynamics’ which distributes influence over the network and makes consensus decisions depending upon the influence score of each node. Each node subscribes to a select number of other network nodes, and the density of a node’s network of subscribers determines its influence on the network. Skycoin is very fast. With transaction speeds close to 2 seconds and no transaction fees it can rival any other cryptocurrency on the market as a payment method. The transaction costs of Skycoin are covered by Coin Hours. This is value paid to Skycoin holders for each hour they hold a Skycoin. Skycoin is against charging transaction costs and mining incentives as it only drives up the costs of the network. The biggest benefit of Skycoin is that it is energy efficient due to the Web-of-Trust social proof. It can even run on a 30-watt cell phone processor making it great for mobile payments. Centralization becomes less of an issue when anyone can participate in the blockchain. Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers. A major goal of Skycoin is to promote actual usage of cryptocurrency rather than speculation. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycoin also has its own ICO platform called Fiber, their own deterministic programming language, CX, derived from Golang, a private decentralized messenger system called Sky-Messenger, and a decentralized social media platform, BBS. Here is another way to think of Skycoin: An open-source, community-owned, hardware-based peer to peer internet designed from first principles and leveraging the incentive system of the blockchain. Also read: Skrumble Network Skm Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Skycoin (SKY) is USD 0.058091
24 Hours, High Price of Skycoin (SKY) is USD 0.058178 and Low price of Skycoin (SKY) is USD 0.050203
The total supply of Skycoin (SKY) is 100000000 and Circulating supply of Skycoin (SKY) is 22,241,374.00
The trading volume of Skycoin (SKY) is 147870 In the last 24 hours