Skeincoin (SKC) is a cryptocurrency that aims to enable instant cross-border payments. Skeincoin uses peer-to-peer technology to operate with no central authority - managing transactions and issuing money are carried out collectively by the network.
The coin was forked from Bitcoin Core in order to take different directions in development including a focus on speed and affordability of transactions. Skeincoin is named after its own hashing algorithm in 2013. Skein hashing is energy efficient in the sense that it requires much fewer operations to calculate. Skeincoin was the first cryptocurrency to start using the skein hash.
Skeincoin Core is the name of open source software which enables the use of this currency.
For more information, please see (https://www.skeincoin.co/).