29/12/2018
Encrypcurrency to take charge of the global market as the “Rise of dime” emerges. However, MR Skipjack, an unknown scientist, electronics expert in embedded hardware and software including robotics and a futurist science fiction, inventor of encrypt currency declares Skipjack (SKJ) as the first encryption currency to oppose traditional fiat money and cryptocurrencies.
In cryptography, Skipjack is a block cipher, an encryption for transmission of information. It uses a Diffie-Hellman key exchange algorithm for distribution of the cryptographic session keys between peers. This tech is said to be developed by U.S. National Security Agency (NSA) but that’s by the way. In this post, I will be making more reference to Skipjack dime itself. You can read more about Skipjack (cipher) algorithm on Wikipedia.
Skipjack was born from the weakness of crypto currency. It is a global digital currency and the world’s first secure global encrypt currency in the form of digital to be traded in international financial markets by 2019 and it will be used by more than 50,000 members in a 2018 world conference service, Digital World Congress , to buy, share, and trade knowledge, goods, and services. The value of SJK is determined on the supply and demand plus financial markets from a basket of underlying asset in the form of currencies, commodities and carbon futures.
In 2017, Carmen Group from UAE Royal family and a private group of business based in Dubai and London acquired non disclosed amount for the exclusive right from the inventor of Encrypt Currency, Mr SkipJack .Carmen Group becoming World Exclusive Owner and Distributor encryp currency and shall announce that skipjack will be first encryp currency with underlying assets added to the weighted basket that determines the value of Skipjack. According to the company, this change made skipjack “the first and only currency that is linked to the supply and demand backed by asset
Skipjack is managed by the Feistel Core Network (FCN), that is, it can be sent anywhere and to anyone and is convenient to use. Its structure also makes it great for the environment
The question whether skipjack currency is a potential. Skipjack have three useful qualities in a currency, they are “hard to earn, limited in supply and easy to verify”. Economists define money as a store of value, a medium of exchange, and a unit of account and agree that skipjack has some way to go to meet all these criteria. It does best as a medium of exchange
