Skycoin (SKY) is a unique cryptocurrency built from scratch to replace Bitcoin's flaws. It uses Obelisk consensus, no mining, and Coin Hours for feeless transactions. Its real goal? A decentralized internet called Fiber. Learn how it works - and why it's still obscure.
Coin Hours
When you hear Coin Hours, a crypto reward mechanism that gives users tokens based on time spent interacting with a platform. Also known as time-based staking, it’s not a coin you buy—it’s a token you earn by doing something, like logging in, referring friends, or holding a wallet open. Unlike mining or staking, Coin Hours doesn’t lock up your assets. It just tracks activity. Some projects use it to build loyalty. Others use it to trick people into thinking they’re getting paid for nothing.
But here’s the catch: most Coin Hours systems have zero real value. They’re not backed by utility, liquidity, or demand. Take the Elemon (ELMON), a gaming token tied to a CoinMarketCap airdrop that collapsed after giving away free tokens. Users got ELMON for clicking around, but the token never became usable. Same with VDR, a token from Vodra’s CoinMarketCap campaign that promised rewards but had no clear use case. These aren’t anomalies—they’re the norm. Coin Hours works as a hook, not a system. It gets you to sign up, but rarely keeps you engaged long-term.
Why do projects still use it? Because it’s cheap. No need to raise funds, build infrastructure, or deliver real features. Just set a timer, reward clicks, and call it a community. But if you’re looking for real value, you need more than a clock ticking in your wallet. Look for tokens tied to actual work—like SunContract (SNC), a blockchain that lets solar owners sell power directly to neighbors—not just time spent staring at a screen.
The posts below show you exactly how Coin Hours plays out in the wild: from fake airdrops that vanish overnight, to platforms that quietly shut down after collecting your data. You’ll see why some rewards are worth your attention—and why most are just noise. No fluff. No hype. Just what’s real, what’s dead, and what you should avoid.
