Emerged a new cryptomoneda that has an ecosystem consisting of several technologies, it is Skycoin, this is not just a

cryptomoneda for the exchange of goods and services.

What is Skycoin?

Well, we are talking about a new internet formed by all the people who will have free access, without censorship, with a lot

of privacy and speed. In addition to the new Internet, we will also have a new consensus algorithm (Obelisk) based on what

any blockchain should always be based on; in the confience. To this we must add a new infrastructure to host blockchain

applications (Fiber), a new programming language (CX) and a new data storage mode (CXO). Skycoin is completely secure,

infinitely scalable and ISP-independent. Backed by bandwidth, storage and computational power.

It will have a Self-Sustainable Ecosystem. The backbone of this new technology is the community itself. By providing

Skycoin and Coin Hours rewards to the nodes (computers that participate in the network), incentives are offered for the

community to contribute to the network. The more the network is used, the stronger, faster and more robust it will be.

What are the Coin Hours?

In simple terms the Coin Hours are the "fuel" for Skycoin. Simply keeping Skycoin in a purse automatically generates Coin

Hours at a rate of 1 Coin Hour per Skycoin per hour. The most outstanding feature of Coin Hours is that they keep the

network free of transaction fees. This means that miners do not charge fees for profit, as is commonly seen with other

cryptocurrencies such as Bitcoin. Users will never have to pay in Skycoin or in fiat currency to access and use the network.

Coin Hours will take care of that for you.

The Coin Hours do not only serve to keep transaction fees to zero, they will also be used to buy services, buy bandwidth,

play video games and much more. Because they will be negotiable in several use cases, the Coin Hours will also have a

monetary value established by the market.

This project is tentatively very promising in the future, it has been in development for 7 years and it is still in

test phase, it is not finished yet. There is much ahead, and it is not about buying Skycoins just to speculate in

the crypto-market, it's about entering and contributing to the growth of this new technology that will change

everything, and make our lives much easier, and better.