$SKY
coin (SKY) is a long-running cryptocurrency project (since around 2013) that aims to build a decentralized internet and ecosystem focusing on security, privacy, and peer-to-peer networking, using its own Obelisk consensus algorithm instead of traditional PoW or PoS.
Unique concepts: It includes a parallel unit called Coin Hours, generated by holding SKY, meant to fuel network services and reduce transaction fees.
Technical angle: The project claims design improvements over early cryptos like Bitcoin (e.g., no mining, web-of-trust consensus, CoinJoin privacy).
Market behavior: Skycoin remains a low-price, low-cap altcoin, with recent prices around a few cents per coin and price history showing a massive drop from its 2017 peak (~$49).
Perception & risks: Community views vary, with some praising technical goals and others pointing to controversies or low liquidity/listings. (Note: community sentiment and delisting history are anecdotal and not financial advice.) #WhenWillCLARITYActPass #StrategyBTCPurchase #PredictionMarketsCFTCBacking #HarvardAddsETHExposure #OpenClawFounderJoinsOpenAI