Skycoin
Company Information
Description: A blockchain platform empowering independent blockchain solutions, applying blockchain enabled programming languages for virtual assets and implementing the foundations of a decentralized web. Bandwidth backed, incentivized and environmentally friendly. Skycoin will fuel the new internet. Skycoin leverages blockchain to provide a universal, decentralized and secure mesh-internet. Empowering people to become their own ISPs and offering a faster and cheaper internet free from censorship. Skycoin addresses the drawbacks of Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus by introducing a Web-of-Trust consensus protocol called Obelisk. Obelisk is ecological, boasting free transactions, and, unlike PoW and PoS, is designed to prevent centralization in the consensus of the blockchain.