Topic: [ANN] [SKC] SKEINCURRENCY| | REVIVAL | (Read 1196 times)

#PROOF OF REGISTRATION
Forum Username: alma991
Forum Profile Link: https://bitcointalksearch.org/user/alma991-3445156
Telegram Username: @alma99
Participated Campaigns: Twitter,  Tik Tok, Discord
Bsc Wallet Address: 0x4E82025fDb95FC999Fc3A8CaA2101D8C61A08626

History of Development

Skeincoin was developed at the end of 2013, so it is a working network with an experienced team. The Skeincoin team has overcome many challenges and challenges during the development of Skeincoin.

The network turned out to be stable, but despite this, development was suspended after the Mt.Gox19 crisis, as two exchanges trading Skeincoin were hacked (openex20/atomictrade), and the entire cryptomarket faced a steady decline.


After many years of inactivity, the original source code was taken as a basis and our developers resumed work on the Skeincoin blockchain. This activity, along with renewed interest in the coin, attracted new team members who brought both new technical and business skills.

By joining forces, the two groups began to promote the core with new Bitcoin features and use the potential to the fullest. At the same time, rebranding began, new concepts appeared. This reboot began in November 2020.

SKC is a peer-to-peer version of digital assets supporting a consensus mechanism based on the candidate's SKEIN for SHA3 hashing. SKC has a fast lock time, which leads to faster transaction times and uses flexible and energy efficient hashing. Following the development of Bitcoin, all technical functions developed for the Bitcoin network are implemented into the SKC network, which leads to almost instant transactions with ultra-low costs. The original team teamed up with new members to reboot SKC, continue development and take the next steps to harness the potential of SKC.

- The only way to scale Proof of Work is to scale block production.  This is why SKC  has emphasized how many blocks the network has mined.  Let's examine the technical details of why this is the case...

- There's a limit to how many transactions you can fit into a block and there's also a limit to how low you can make the block time.  Improvements in the network efficiency can help you do more within these limits, but at the end of the day there's only so much you can do.

- First let's look at the limit on the number of transactions in a block.  This is driven by two factors: space and time.  Every transaction uses some space because you have to store at least the sender, receiver, and amount

- Smart contract blockchains also have an additional time component because transactions are computer programs and it takes time for the system to run those transactions.  The more (and bigger) transactions you put in a block, the longer it takes to process the block.

- The second limiting factor is how fast you can make the block time.  The network is trying to establish worldwide consensus about the state of the blockchain.  This means that each block has to be sent all over the world.  The speed of light limits how fast this can be done.

- The speed of light is ~300,000 km / s.  The earth is ~40,000 km in circumference, which means it's ~20,000 km to get to the other side of the world.  20,000 km / 300,000 km / s = 0.067 seconds.

- There are all kinds of other things that introduce overhead into the system, but if we assume that a block can be sent instantaneously no matter how big it is, then it's still going to take 0.067 seconds to get to the other side of the world.

- This means we definitely can't have a block time shorter than ~0.07 seconds.  Again, keep in mind this is not an accurate estimate, it's an absurdly low lower bound that assumes zero overhead in the rest of the network which is obviously not realistic.

- And of course as I've mentioned before the best part of this is that  SKC  is not limited to the current block production rate.  It can scale to dramatically larger numbers of chains as needed.  The best is yet to  come!



Circulating supply    :  2,762,305 SKC
Uncirculated supply : 11,948,860 SKC

========================================
Total supply           : 21,000,000 SKC
Percent mined        : 56.89%

📣 SKC Listing Announcement 📣

SkeinCurrency is now available to trade on TxBit!

👉 https://txbit.io/Trade/SKC/USDT

Happy Trading! 🚀

We only support USDT on BEP20 on BSC!


MINING POOL

http://pool.skeincurrency.io/

The SLL certificate will be uploaded soon. 🚀

We have set up a mining pool. Now everyone can become a part of the common future of Mosaic Universe. If someone is interested in mining on their own, then I am waiting for your messages. http://pool.skeincurrency.io/

The team is looking for a wallet developer for our coin. Our wallets were taken from the SkeinCoin blockchain. https://bitcointalksearch.org/topic/ann-skc-skeincoin-segwit-skein-sha2-wp-legal-entity-2800098

We are currently negotiating. When the memorandum is signed, we will immediately launch the platform. Without a real state, we will not be able to implement some parts of the platform.

When do you plan to launch a MosaicChain in full mode?

MosaicChain will be a peer-to-peer joint-stock cooperative. Each of its participants (digi-citizen) will have a share in a peer-to-peer joint-stock cooperative, confirmed by a personal token action. A personal token promotion, on the one hand, is an analogue of a passport, since it records all the data about a person, allows him to create a personal account in MosaicChain, and is also the basis for receiving public services and participating in administrative procedures. On the other hand, a personal token share guarantees dividends from MosaicChain's profits, which makes it similar to securities. A personal token campaign also gives you the opportunity to participate in voting on any issues (crowdreferendums), sign documents.

I completely agree with you. We talked to the CMC listing service. We were advised to develop organics. That's what we're doing now. I think that by the end of the year or at the beginning of next year we will be on the list.

---

We've only been on the market for a month. I don't take into account that we left on December 13. There was a test period, then Christmas and New Year holidays. We started working on the project more actively on January 20. There is activity, but it is not visible. We work a lot as a company. We are negotiating with investors. We are negotiating with stock exchanges.

We have already paid for the listing on two platforms. The integration process is underway. Since SKC is a coin with its own blockchain, the integration process takes much longer than a regular token.

To increase the volume of trade, we are gradually developing the project. In a year, everyone will see the results. There will be an additional listing soon. We are launching several active advertising campaigns. We also attract small investors and community members who will begin to bring conversion. Now, we are at the beginning of the road.

---

Let's start talking a little bit about our project.

Our project is to create a fully digital jurisdiction based on a small state with the goals of increasing the level of automation, speeding up and reducing the cost of life processes around the world, creating a universal jurisdiction, increasing the involvement of the inhabitants of the planet in the process of political governance, simplifying registration and doing business, attracting investment, financing social, cultural and environmental projects. The virtual country will have all the attributes of a real state: citizenship, registration procedures, currency, private property, inheritance, entrepreneurship, investment environment, voting, charity, cultural, environmental and social activities, social protection. The virtual state will be based on joint-stock ownership, where every citizen is a shareholder, which will later help to realize the idea of guaranteed income. The project will be implemented under the jurisdiction of an existing UN Member State.

Yes. We know that. There will be a listing on other exchanges. We will meet the CMC requirements and then we will be added to the list. 4 years ago, there were no such requirements. It doesn't scare us. We have a long-term project.

We will soon be on the list of two more exchange platforms and then we will submit another application for CMC. We are trading on P2PB2B.

We are not negative towards the community. You have seen for yourself how much the situation around cryptocurrency has changed. 4 years ago, a large number of exchanges claimed that they were decentralized institutions. As a result, we saw, once again, that the world is ruled by those who have more money and there is no talk of decentralization.

Today we do not meet the CMC requirements. We have submitted an application for CG. I think that in the near future we will appear on their list. Now we are actively working on an advertising campaign. We started cooperating with one of the largest PR agencies. Gradually we will come to a result. Give us time. We respect everyone from the world of blockchain and crypto.

Well, a post made by a bumping service, but... they held a nice valid point. CMC helps indexing price, many people went there to quickly check price of tokens on the market they're on instead of just going manually from one exchange to another. It offers awareness and boost (no matter how "illusive" it is) confidence on holders. Not only that, they also helps screen poor performance projects (no team details, poor website  low liquidity) with those who put more efforts into their token

Coinmarketcap is very comfortable tool for investors and traders.
It allows quickly evaluate the price of the tool on different exchanges and trading volumes on different exchanges.
That is why coinmarketcap so popular tool.

The part that I marked in blue, isn't it sounds more corporate-centered and not community friendly? Your company decide every point you think would be best based on your opinion, and your community can only follow that decision

We are planning to issue additional tokens for the Ethereum, Tron and Binance blockchain. To issue new tokens, we will use our own solutions of the Mosaic platform. We will implement tokens on ricardial contracts. This is the future of our development.

Will you have additional tokens that you can sell through uniswap? Perhaps this will attract more investors.

We are negotiating with four island States. I can't say which ones. This will be known from the news when we sign a memorandum of cooperation.

The credit platform will start working as soon as Mosaic is launched. We are also thinking about the preliminary launch of Mosaic. It is still too early to launch the platform, since we have been on the market for about 1 month and we have started active actions quite recently.

We are working on additional listings. Integration is now underway on an additional two exchanges, and we have also started working with advertising companies to make our project more famous and popular.

The payment cryptocurrency will be used for payments inside the MosaicChain, as well as outside the mosaic for settlements with counterparties who are ready to accept this cryptocurrency to their wallets. The rate of the payment cryptocurrency will depend on the capitalization of MosaicChain and the number of users. Later, a credit platform will be created within MosaicChain, within which digi-citizens and digi-mosaic companies will be able to give P2P loans in payment cryptocurrency to both citizens and residents of MosaicChain, as well as to any other interested parties. The payment cryptocurrency will be issued by mining. The first issue of the payment cryptocurrency will be distributed among the founders, the project team and investors. If necessary, several types of currencies can be issued within MosaicChain.

It is impossible to cover all the details of the Mosaic project with one post. We are building a digital state and this is not a game in the universe. Each participant will benefit, not just illusions and endless promises.

We have quite clear details of the project. I applied for CMC. It is put on pause, with the manager's response and a recommendation to develop the project further. There is a huge pile of garbage on CMC, which they include for money. Any listing on a major exchange worth $75,000 and you are on CMC. This is not the portal that was 4 years ago. Now this dump belongs to the BINANCE group. We will come there when we need it. This is not the company's goal in itself. Moreover, at the moment we do not meet the requirements of the CMC policy. We have a long-term project that we have been developing for many years.

CMC listing is not as easy and simple as being listed on two exchanges, you need a clear details of the project, daily trading volume, and a good spread

We are currently working with advertising companies. We started mailing and working with investors from Japan and Singapore. By the end of the year we will have a good result.

We are not a means of payment. Our project is to create a fully digital jurisdiction based on a small state with the goals of increasing the level of automation, speeding up and reducing the cost of life processes around the world, creating a universal jurisdiction, increasing the involvement of the inhabitants of the planet in the process of political governance, simplifying registration and doing business, attracting investment, financing social, cultural and environmental projects. The virtual country will have all the attributes of a real state: citizenship, registration procedures, currency, private property, inheritance, entrepreneurship, investment environment, voting, charity, cultural, environmental and social activities, social protection. The virtual state will be based on joint-stock ownership, where every citizen is a shareholder, which will later help to realize the idea of guaranteed income.

Our launch took place on December 13. We applied for CMC, but it was in December. The CMC manager advised us to develop and re-apply later. Soon we will add a second listing and be included in the CMC. We are posted on other rating portals.

They are listed here - https://p2pb2b.io/trade/SKC_USDT/.

But the reputation of this exchange in this forum is quite not good. So do your homework before trading on this exchange.

Maybe, the reason why it is not yet listed in cmc is that they haven't applied yet. The dev team need to submit their coin to cmc. I remember before, they require at least 2 exchanges, but the requirements may have changed already.

I did not find [SKC] SKEINCURRENCY on coinmarketcap.
What are the advantages of your coin?

the price increase is seen slowly rising, currently only 1 exchange is trading SKC coins, I'm sure this year it will be listed on several exchanges
I have saved SKC coins myself

We'll add everything. We have just started, there are not enough people.

explorer not work

no wallets

Our goal is gradual development. In the near future we will start talking about the project and its advantages. News and details of the development of the MosaicChain project will soon begin to appear in various official SkeinCurrency groups.

We are not another payment system and we never will be.