SILK coin is a digital asset and payment system based on the Bitcoin protocol. It was created by Amarjit Singh in 2014. Silkcoin is intended to be used as a global, decentralized currency for everyday transactions.
Silkcoin offers fast and secure transactions with low fees. It is also designed to be scalable so that it can handle a large number of transactions.
Silkcoin is based on the Bitcoin protocol but uses a different hashing algorithm (Scrypt). This allows Silkcoin to be mined with less expensive hardware than Bitcoin.
Silkcoin is traded on several exchanges and can be used to purchase goods and services online.
The SILK price is volatile and fluctuates often. As of writing this, 1 SILK is worth $0.01 USD.
How to Buy SILK
SILK can be bought on several exchanges including Bittrex, Upbit, and Cryptopia. It can also be purchased with other cryptocurrencies such as Bitcoin