Skycoin is a third generation crypto coin. The Skycoin project is a long term infrastructure project that began around the time Litecoin was launched. Skycoin is designed a successor to Bitcoin. Skycoin is focused on core features, security, usability and simplifying Bitcoin instead of adding features as a marketing gimmick.
Satoshi originally intended the control of the Bitcoin network to be decentralized over hundreds of thousands of computers. Today, the Bitcoin network is completely controlled by three mining pools. Bitcoin is no longer decentralized. Skycoin’s consensus algorithm is designed to achieve true decentralization of blockchain consensus.