Skycoin SKY to WeShow Token WET Exchange

Crypto Pair Details: SKY to WET

Skycoin SKY

The Skycoin Platform is the most advanced blockchain platform in the world. Developed by early contributors to both Bitcoin and Ethereum, Skycoin’s platform is completely secure, infinitely scalable, and ISP independent. It uses its own specific distributed consensus algorithm, called Obelisk, instead of other commonly used algorithms like proof of work (POW) and proof of stake (POS). Obelisk uses the concept of ‘web of trust dynamics’ which distributes influence over the network and 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. Skycoin is very fast. With transaction speeds close to 2 seconds and no transaction fees it can rival any other cryptocurrency on the market as a payment method. The transaction costs of Skycoin are covered by Coin Hours. This is value paid to Skycoin holders for each hour they hold a Skycoin. Skycoin is against charging transaction costs and mining incentives as it only drives up the costs of the network. The biggest benefit of Skycoin is that it is energy efficient due to the Web-of-Trust social proof. It can even run on a 30-watt cell phone processor making it great for mobile payments. Centralization becomes less of an issue when anyone can participate in the blockchain. Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers. A major goal of Skycoin is to promote actual usage of cryptocurrency rather than speculation. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycoin also has its own ICO platform called Fiber, their own deterministic programming language, CX, derived from Golang, a private decentralized messenger system called Sky-Messenger, and a decentralized social media platform, BBS. Here is another way to think of Skycoin: An open-source, community-owned, hardware-based peer to peer internet designed from first principles and leveraging the incentive system of the blockchain.

WeShow Token WET

What is “WeShow” Platform? Weshow platform is Decentralized short-video entertainment platform. Weshow overthrows excessive brokerage fee and unreasonable profit sharing structre of existing me media broadcasting platform. New short-video platform “Weshow” allows everyone to become producer who can freely produce diverse contents, and to make profit through their contents, communicating with other users of platform. Community Incentives “Weshow” platform users can make profit through “Wetoken incentive' that can be easily earned simply by participating in the Platform. Free content production “Weshow” platform contents providers can make independent producing space to freely make new contents communicating with the participants. Professional team All members participating on “Weshow” project are experienced experts from “wecasting” of MCN corporation which already has annual sales of over 100million USD. Diverse business model “Weshow” platform can offer diverse business models to both contents provider and community participants by gift delivering, “Wetoken” sending, advertisement services. Contents Provider Using short-video making, live broadcasting services They can produce contents freely in their independent space. Community Participants By participating in “Weshow” platform, contents provider and community participants can communicate with each other developing the platform. WeToken It is incentive crypto-currency used in “Weshow” platform, provided to both contents providers and community participants giving them profits. Gift sending service Gift sending service opens a new communication channel between content provider and community participants

SOURCE: COINGECKO

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