Topic: [SKY] Skycoin Launch Announcement - page 13. (Read 381594 times)

The standard for Skywire miners is to use a cluster of ARM boards because this gives better security and efficiency. That being said, Skywire supports Linux and MacOS, and there are instructions for installation available for those platforms as well.

https://downloads.skycoin.net/skywire/Skywire-Installation-Guide-v1.0.pdf

There is currently no official support for Windows, but you might want to try following this guide.

https://skywug.net/forum/Thread-Skywire-node-on-Windows

Running a Skywire node will allow you to run the node client app which lets you test out the vpn function of Skywire, connecting to the internet from all over the world.

Since we are still in the testnet phase, there is no whitelisting planned for nonstandard Skywire nodes, so don't expect to gain mining rewards. During the mainnet, any Skywire nodes would be able to receive mining rewards, but serious participants will be using a standard Skyminer setup with ARM boards, either DIY or Official.

Please have a look at the Official Skywire announcement and visit our telegram.

https://medium.com/@Skycoinproject/skywire-testnet-whitelisting-installation-manuals-eac7bca63597

https://t.me/skywire

Hello Skycoin believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Skycoin at: https://cointopper.com/coin/skycoin

Constructive criticisms are always welcome at CoinTopper.  Thank you!!

Why there should  be a special device to run a miner?
Why can't we use a normal computer?
Why there is no Windows version?

Skycoin is a cryptocurrency that is backed by investment in physical infrastructure that generates bandwidth. Skycoin also emits a secondary currency, Skyhours, at a rate of 1 Skyhour per hour for each Skycoin held in your wallet. Skyhours are used to prevent transaction spam, while eliminating fees in Skycoin; but are also able to be traded for goods and services, bandwidth in particular, on the Skywire network. This allows Skycoin to serve as a store of value while the inflationary Skyhours will stimulate economic growth.

Because Skycoin's consensus algorithm, Obelisk, is cheap to participate in, there is no purpose in having a block reward. Therefore all 100,000,000 Skycoins were emitted at the genesis block allowing mining rewards to be provided for those who provide services on the Skywire meshnet application instead. This approach promises to make productive use of the economic activity that grows in and around the Skycoin community. In order to be paid a share of mining rewards, users can set up inexpensive Skywire miners and antennas. This physical infrastructure generates valuable bandwidth and provides the foundation on which a new internet will be born.

Of the 100 million Skycoin that exists, 75 million are locked away in a time release multisig wallet, while 25 million coins were made available to be distributed. At this time, only 8,999,574 Skycoin have been distributed. Once the first 25 million coins are distributed, a maximum of 5 million coins will become available for distribution per year until all 100 million are in circulation.

This means that the minimum distribution period is 15 years, while the actual distribution of remaining Skycoin can be expected to take more than 30 years. Having a slow distribution for the coin and a highly decentralized subsidized ecosystem helps to ensure that the coin supply tends to become more decentralized over time. Human systems have a tendency to become more centralized over time and it is the intent of Skycoin's design to counteract that tendency.

Here is a link to the official statement on Skycoin distribution from Oct. 2017.
https://www.skycoin.net/blog/statement/skycoin-distribution-plan/

Can anyone tell me how skycoins created and at what rate ?

Unfortunately it did not jump after reaching the bottom

Congrats to whom made the profile from recent spike. I am the one who made the good profit with that. But upset it goes down to that same level...

just found this out, really interested by blockchains these days and it seems a nice one..
what a pitty I'm a ETH holder really hard to sell ETH today .. :/
I will be watching this closer

Well the HoloChain might not be a real competitor if you dig a little deeper. I can only advise you to join the telegram channel. There is quite a lot of talk lately about that. And not just some FUD. It really is a quite good comparison especially from the technical site. maybe you could just ask for a quick summary. Or maybe someone will make a medium post about that

Yes, HoloChain

Do you have competitors?

Finally listed on Binance

Question guys: What are coin hours and how are Skycoin distributed?

Hi,
Did someone bought a skyminer? And what is your opinion about it? Is it profitable to have skyminer or is it only useable on the testnet?
Does people really use the skywire? What is really present on the skywire? Some websites/applications? Do we need a special browser/system to use the skywire? Or is it only a kind of VPN/Tor?
Thanks.

Great Team 

Congrats to the skycoin devs, looks like you guys started developing the real piedpipercoin back in 2014 , amazing to think a new decentralised internet is going to get a real chance of mass adoption now, great stuff!

1 skycoin = 1000$

wtf i have a lot of old coin in a wallet  dreams come treu 

there is no SURPRISE, rather expected.
I'm surprised that you don't even read.
ITS A BINANCE FOMO

It is surprising when all go down, skycoin has gained +25.90%, now that's something like it.