/biz/ - Business & Finance

Thoughts on sky coin?

My jew friend advised me to buy some sky since I just started investing in crypto. He is obsessed with any coin that makes him any sort of profit and preaches it but never mentions how he's ever fucked up wich I'm sure he has many times before. He's a bro but talks shit up way to much and I'm skeptical about this.

I think Sky coin is one of the best projects in crypto bit has one of the worst communities and worst pr in crypto I have ever seen.
I got kicked again from Sky coin. They are such a weird bunch of boomers there. They actually think John Mcafee is helpful to their pr. They are like a fucking cult of fucking retards. I have bought a ton of Sky coin rcently and am now heavily invested so I want them to succeed but their community are dipshits creating nothing but boomer hatred. I know who is to blame for creating this culture. Sudo the fucking dumb boomer. He created an echo chamber of fucking boomers. The guy is clearly a retard who is new to crypto. Only worse community manager I have ever seen is Ccreveolution on xtrabytes. Literally a one man band and making a project look like fucking idiots that no one wants to invest in.

The guy I think will kill Sky coin. Why dont they get that a project based on public perception is fucked up by making everyone hate u. Imagine btc was controlled by Sudo. Everyone would think sky is a piece of scammy shit.


He cleary doesn't understand the open source nature of crypto Sky is involved in.

Well Sudo and Ccrevolution. Well fucking done on the pr you fucking stupid monkey headed dipfuck. Geez....

Scam or not, hate it or love it... All this drama brought a fuckton of attention to skycoin and more people are looking into it. If you're not buying at these prices what the fuck are you even doing in crypto, have you not learnt anything all this time in this market? Buy at peak despair or you're never gonna make it.

I love Skycoin and the kooky dev.

Skycoin was a reactionary project to fix the problems in bitcoin, and has been in development longer than any of these other shitcoins on the market. It was meant specifically to replace it. Skywire is only one app. Skycoin is what Satoshi envisioned, a true distributed ledger.

Here is a list of a few of the problems SKY had fixed in Bitcoin:
Elimination of the need for miners for network consensus through a new consensus algorithm.
Elimination of dependence on the human element in the network operation.
Duplicate Coinbase outputs
Signature malleability.
Reduction in complexity in implementation.
Dozens of other small security related improvements.
Elimination of external network dependencies that create security concerns.
51% attack proof and strengthening against various cryptographic attacks.
Simplified, more power data, transaction and wallet APIs.
Bainwallet, deterministic wallets as default.
Intrinsic support for gmaxwell CoinJoin transaction privacy protocol.
New networking protocols to enable the verification of the mathematical prerequisites for consensus network convergence.
Separation of coin creation from consensus network, to eliminate Bitcoin's tendencies towards mining centralization.
Directed bipartite TX/UTXO transaction graph structure which is more elegant and efficient than Bitcoin's multi-graph structure.
Provably upper bounded network, RAM and CPU resource usage for network operation
Soft coded, adjustable blockchain size parameter to enable network transaction rate scaling
Rolling unspent output state error correction coding in the block header for early detection of software/hardware non-determinism.
Blockchain/transaction/history storage database with constant time lookup, index-less operation for all major blockchain history queries.
We are even getting Sky hardware wallets.. Good stuff.

Skycoin was a reactionary project to fix the problems in bitcoin, and has been in development longer than any of these other shitcoins on the market. It was meant specifically to replace it. Skywire is only one app. Skycoin is what Satoshi envisioned, a true distributed ledger.

Here is a list of a few of the problems SKY had fixed in Bitcoin:
Elimination of the need for miners for network consensus through a new consensus algorithm.
Elimination of dependence on the human element in the network operation.
Duplicate Coinbase outputs
Signature malleability.
Reduction in complexity in implementation.
Dozens of other small security related improvements.
Elimination of external network dependencies that create security concerns.
51% attack proof and strengthening against various cryptographic attacks.
Simplified, more power data, transaction and wallet APIs.
Bainwallet, deterministic wallets as default.
Intrinsic support for gmaxwell CoinJoin transaction privacy protocol.
New networking protocols to enable the verification of the mathematical prerequisites for consensus network convergence.
Separation of coin creation from consensus network, to eliminate Bitcoin's tendencies towards mining centralization.
Directed bipartite TX/UTXO transaction graph structure which is more elegant and efficient than Bitcoin's multi-graph structure.
Provably upper bounded network, RAM and CPU resource usage for network operation
Soft coded, adjustable blockchain size parameter to enable network transaction rate scaling
Rolling unspent output state error correction coding in the block header for early detection of software/hardware non-determinism.
Blockchain/transaction/history storage database with constant time lookup, index-less operation for all major blockchain history queries.

Help me /biz/ I just sustained massive losses in Nano, Link and Pearl. Should I just allah akhbar straight into Skycoin ?

Skycoin is pretty great still low marketcap. ENG might moon a bit harder. Bulwark can grow. Rai and XLM are both 3x+.