The Skycoin team has announced the impending release of its official Android mobile wallet. The team has made it clear that the new wallet will offer users a high level of security and flexibility.
– Users will be able to load an existing wallet or create a new one
– QR-code scanner and code generator present
– New address generator present
With the latest wallet, users can also choose the UTXO (unspent outputs) for sending their Skycoin. This feature allows users to customize their coin hours usage.
Security conscious users have the choice to choose their node. The wallets seeds are hardware encrypted and never leave the device.
The team is also working on several exciting additions. To download the wallet, visit https://www.skycoin.net/downloads/
The Skycoin has a very advanced blockchain. The platform was created by early devs of bitcoin and Ethereum. The platform is secure and highly scalable and independent of ISP.
Skywire is a DLT-powered internet service that is far more advanced than the internet protocols available today. It has a mesh system that connects to each other to route internet traffic., giving users a more stable and faster web.
Obelisk is the consensus algorithm of the Skycoin platform. It is a web of trust system. Every node must subscribe to another node’s network.
Each node has a personal blockchain that functions as its public broadcasting channel.
Fiber – The Fiber network was built from scratch by the Skycoin team. It is robust, customizable, and scalable. Fiber allows Skycoin to carry out cheap transactions at very high speeds.
The Obelisk algorithm was built with Fiber.
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