What problem does this service solve?

Skycoin aims to decentralize the internet and provide a platform to build DApps.Decentralized Software Development Kits make it easier to build blockchain-based applications.

Token Stats

Company Description

Skycoin began as an ambitious infrastructure project aimed at replacing the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms that dominate current blockchain platforms. It has since evolved into a project focused on creating a decentralized mesh-Internet and a platform for other blockchain-based projects. Skycoin is developing an ecosystem with a variety of goals, including: the elimination of mining rewards, development of energy-efficient custom hardware, advancing security and privacy, and achieving transaction speeds that rival current digital payment systems. The ecosystem consists of the native SKY coin, Skywire (decentralized mesh-Internet), Skyminer (hardware and access point for Skywire), Skyledger (decentralized open blockchain network), and a suite of DApps. The consensus algorithm is called Obelisk. The network's nodes agree based on a Web-of-Trust consensus. The ability to influence transaction verification is distributed over the network creating a web of trust. To eliminate mining completely each node on the network connects to a list of nodes that it sees as trustworthy.

Emercoin is a blockchain-based development platform. It has developed a range of easy-to-use dSDKs (Decentralized Software Development Kits) that can be used to more easily build DApps. This set of software development tools allow the creation of blockchain-based software and services.
Emercoin's dSDKs have been implemented in several innovative DApps and provide developers with solutions for a variety of functionalities. Some of the dSDK's that Emercoin offers are specifically geared for decentralized DNS, SSH, SSL, and DPO solutions.
Emercoin has a hybrid consensus mechanism that combines elements of Proof-of-Stake (PoS) with a Proof-of-Work (PoW) algorithm that is merge-mined with Bitcoin. The network is powered by the EMC coin.

Ratings

(0)

(0)