Skeincoin is a peer-to-peer version of digital cash and maintains a consensus mechanism based on the SHA3 hashing candidate Skein. Skeincoin has a fast blocktime, which results in faster transaction time and uses a flexible and energyShow more [+] efficient hashing. By following Bitcoin's development all technical features developed for the Bitcoin network can be introduced in the Skeincoin network. The original team got together with new members from the business world to reboot Skeincoin, continue the development, gather the community and take the next steps to use Skeincoin's potential. Now the Skeincoin Foundation is developing Skeincoin and it’s ecosystem further while Skeincoin Ltd., a company registered in Belarus' High Tech Crypto Park in Minsk, is the legal entity responsible for business plans and contracts using Skeincoin and it's fast and cost efficient micro-payment ecosystem.
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