SKYTERE (SKYT)

The SKYTERE coin (SKYT) is a new crypto alternative. It is an open-source, peer-to-peer digital currency that enables instant, near-zero-cost payments to anyone worldwide. One of its key features is its decentralized supply control mechanism, which ensures that the coin’s supply is market-driven and supply-controlled. When the demand for SKYTERE rises, the price increases, motivating miners to participate in the network and creating more coins. Conversely, when the demand decreases, the price and mining difficulty adjusts accordingly, preventing oversupply and maintaining the stability of the ecosystem.

SKYTERE has several standout features that set it apart from other cryptocurrencies. It operates on a demand-driven supply mechanism, ensuring stability in the market price. This unique blockchain also offers high stability and stable mining costs. The mining rewards depend on the network difficulty, creating stability in mining costs. The roadmap for SKYTERE includes plans for its launch, listing on exchanges and pools, promotions, and the development of payment gateways for Android and IOS wallets.

For those interested in participating in the SKYTERE network, the coin has a maximum supply of 21,000,000,000. Before block 5040, mining rewards are fixed at 90% per block, and after that, they are reduced to 30%. Smartnodes, which serve special roles in governing the blockchain and verifying new blocks, require a collateral of 800,000 SKYT. The distribution of rewards is divided into 30% for miners, 60% for smartnodes, and 10% for the Foundation Fund. SKYTERE can be mined offline, and users can download the wallet for their operating system (Windows, Ubuntu, Mac OS) from the website.