Skycoin (SKY) is an open-source, community-owned, hardware-based peer-to-peer internet that leverages the incentive structure of the blockchain.
Skycoin’s platform has been billed as 'completely secure, infinitely scalable, and ISP independent' by the project team. Written in Golang and running on the Obelisk consensus algorithm, Skycoin is focused on security, usability, and ease of use. Obelisk is predicated on the notion of ‘web of trust dynamics’, which makes consensus decisions depending upon the influence score of each node. Each node subscribes to a select number of other network nodes, and the density of a node’s network of subscribers determines its influence on the network.
Skywire, the flagship application of Skycoin, aims to decentralize the internet at the hardware level. Skywire's objectives extend beyond providing decentralized bandwidth - it also aims to offer storage and computation.
| Skycoin Price | $0.621908 USD |
|---|---|
| Skycoin ROI | 6,119.08% |
| Market Rank | #420 |
| Market Cap | $11,194,336 USD |
| 24 Hour Volume | $639,569 USD |
| Circulating Supply | 18,000,000 SKY |
| Total Supply | 25,000,000 SKY |
| Max Supply | 100,000,000 SKY |
| All Time High | $53.83 USD (Dec 30, 2017) |
| All Time Low | $0.197872 USD (Mar 13, 2020) |
| 52 Week High / Low | $1.09 USD / $0.197872 USD |
| 90 Day High / Low | $0.952691 USD / $0.403226 USD |
| 30 Day High / Low | $0.952691 USD / $0.491978 USD |
| 7 Day High / Low | $0.686118 USD / $0.554332 USD |
| 24 Hour High / Low | $0.650352 USD / $0.616892 USD |
| Yesterday's High / Low | $0.656597 USD / $0.620173 USD |
| Yesterday's Open / Close | $0.645432 USD / $0.626115 USD |
| Yesterday's Change | $-0.019317 USD (-2.99%) |
| Yesterday's Volume | $587,773 USD |