Why Skycoin’s powerful blockchain platform is the smart choice for your Initial Coin Offering
As the new cryptocurrency bull market begins, emerging blockchain projects are once again searching for the best platform on which to launch an ICO (Initial Coin Offering). The first choice that often springs to mind is Ethereum, a platform that was used to launch countless ICOs during the 2017 bull run.
But technology evolves quickly in the blockchain industry, and Ethereum is looking increasingly dated compared to faster, cheaper and more scalable solutions like Skycoin Fiber.
Skycoin Fiber is a highly flexible plug-and-play blockchain platform that enables projects to quickly launch their own customized cryptocurrencies.
Contrasting Mark Zuckerberg’s Libra Coin with a real cryptocurrency like Skycoin
Amid much fanfare, Facebook this week revealed the details of its new digital currency.
The coin, officially called Libra, has also been acerbically dubbed GlobalCoin, CIA Coin, Illuminati Coin, and ZuckBux by members of the cryptocurrency community. That’s because, despite Mark Zuckerberg’s claims, Libra is not a real cryptocurrency.
Libra fulfills none of the characteristics traditionally expected from a cryptocurrency. It’s not private. You don’t have control over your own coins. It’s not a non-inflationary store of value. It’s not censorship resistant. And it’s not even built upon blockchain technology.
So let’s compare Libra to a real cryptocurrency like Skycoin.
Move over BitTorrent and DropBox.
Skycoin’s immutable objects system with content-addressable storage will revolutionize global file storage and sharing.
Hypermedia refers to a non-liner collection of information such as video, audio, text, graphics and other files. The World Wide Web is the definitive example of hypermedia.
But the way in which media is stored on the Web today is beset by three major drawbacks — it’s inefficient, unreliable, and hazardous.
A picture is worth a thousand words when it comes to describing the complex Skycoin ecosystem and its many components
This is a selection of infographics created by the Skycoin community. These images help to simplify the Skycoin platform and describe the complex interactions between the many components of the Skycoin ecosystem.
Every blockchain platform claims to be decentralized. But are they really? What does it mean to be truly decentralized?
If your cryptocurrency can be rendered unusable by governments, invading forces, or natural disasters, then is it really a decentralized currency?
The problem with all blockchain platforms is that they rely on the Internet. Without the Internet, Bitcoin simply doesn’t work. Bitcoin, Ethereum, XRP, and every other cryptocurrency is completely dependent on Internet access.
Except one. Skycoin.
That’s because Skycoin is building a new Internet. A fully decentralized global peer-to-peer meshnet in which nodes connect to each over directly over dark fiber, or wirelessly, thus bypassing traditional Internet Service Providers.
Why is this important?
How to build a steady cash flow with the Skycoin project
How do you make money from cryptocurrencies? With Bitcoin and most other cryptos there’s really only one option. You buy some coins or tokens and sell or trade them to somebody else, hopefully for a profit.
Skycoin is different. It’s a complex blockchain ecosystem with many working parts. Skycoin is not simply a currency to be traded on exchanges. It’s a comprehensive and functional platform designed to be actively used. This means the Skycoin ecosystem offers many ways to generate a steady income.
These are nine options you might consider.
Skycoin recently announced the launch of its CX Labs Project, giving everyone the opportunity to build decentralized applications using the world’s most powerful blockchain language, while also being financially rewarded for those efforts.
But what exactly is Skycoin CX? Here are seven key facts you need to know.
Skycoin CX and the Skycoin Fiber blockchain platform are set to disrupt the video game industry for many years to come
The impact of blockchain technology on the video game industry is likely to be one of the biggest talking points of 2020 and beyond. As game developers strive to stand out from the crowd, one way to achieve this will be to incorporate blockchain and cryptocurrency support into their products.
The Skycoin CX programming language, together with the Skycoin Fiber blockchain platform, offer the most powerful and comprehensive solution for developers who wish to leverage this groundbreaking new technology. And gamers are the ideal audience, because they’re already accustomed to making online payments, and they understand the value of digital assets.
So let’s examine some of the ways in which Skycoin Fiber and CX can enhance the gaming experience.
Ethereum is the world’s second largest cryptocurrency platform by market capitalization. Instrumental to Ethereum’s success has been its native programing language, Solidity, which developers have used to launch countless ICOs, games and applications.
But ask yourself this. Four years after Ethereum’s launch in July 2015, what are some of the most widely adopted business applications on the platform? And what are some of the most popular games?
Can you think of any?
In fact, the top Ethereum application (based on daily active users) is IDEX, an exchange for trading ERC-20 tokens. And the top game is CryptoKitties, a digital cat trading game that enjoyed brief popularity in 2017 when it infamously caused the entire Ethereum network to grind to a halt.
As for business adoption… well, there hasn’t been any business adoption at all.
So why have Ethereum and Solidity struggled to gain a foothold in the apps/gaming industry?
(This is a French to English translation of Blévenec’s original article. Images not included.)
In my last article I discussed the Skycoin cryptocurrency. This attracted the interest of many people who kept asking me how to obtain this amazing coin.
As a digital currency, the first step is to create a wallet in which to store and transact with Skycoin.