Skeincoin Bluepaper

mossystump (25)in #cryptocurrency • 6 years ago

Skeincoin's Bluepaper (aka whitepaper) is a great read!

At 16pages(18 total) it is not too long and dragged on at all while still giving you all the information your looking for and need! It addresses every aspect of where the idea was made, to where it is and to where it's going. The FX on the Bluepaper definitely make it a easier read than most whitepapers, which are usually unedited and rather boring while they hurl the information at you, expecting it all to be retained. The Bluepaper is set up very nice and distinguishable with the information it is providing.
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As in the explanation of the skein hash algorithm and how it is faster and more efficient then the sha-2hash algorithm Bitcoin uses, it describes CSV, lightning network, and atomic swaps that are all laid out for Skeincoin's development. It goes on to talk about the Privacy features they plan to implement including zkSNARKs, bulletproofs, and schnorr/coinjoin mixture, giving you your full privacy while still being able to have some kind of traceability on the Blockchain. All with great visual depictions/explanations along the way. It describes why and where the skeincoin foundation is registered, the industries SKC plans to be involved in like gaming and the micropayment technology to do it!
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The Bluepaper even describes how it is alike/different from other Cryptocurrencys like Bitcoin, litecoin, and ethereum, while being its own standalone coin from them!

A great Bluepaper put out by the devs, and Skeincoin (SKC) is a must buy when it comes to Cryptocurrency. It's a long term hold in my book because in the long run it will be here to stay and valueable.