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What is SysCoin (SYS)?

May 10, 2018 By admin_coin

What is SysCoin Crypto Currency?
What is SysCoin Crypto Currency?
A brief description of SysCoin.
Syscoin is a revolutionary cryptocurrency that offers near zero cost financial transactions like Bitcoin and provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. Syscoin isn’t just about money and trading, it has the ability to attract all business types thanks to its native set of features geared towards the financial sector. From eBay traders and High Street shops to selling that one last item that you couldn’t even give away at your garage sale, Syscoin’s decentralized network benefits everyone!

SysCoin Video

Unfortunately we don’t have this data available.

The purpose of SysCoin 

Marketplace, private messaging, no downtime, arbitrated escrow, digitial certificates, Aliases instead of complex wallet addresses, resell on behalf of others, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, free to hold

SysCoin Abstract

Syscoin is a permissionless blockchain-based cryptocurrency with a set of smart contracts which have been thoroughly tested and built on the Bitcoin scripting system using OP1 to OP16 standard script op-codes, representing coloured coin transactions, controlled by a hardened layer of distributed consensus logic for each smart contract (Syscoin service) while still retaining backwards compatibility with the Bitcoin protocol. These contracts can be combined to form building blocks for blockchain-based e-commerce solutions.

More information can be found in the SysCoin whitepaper http://whitepaper.syscoin.org/

Other SysCoin facts

  • Trading symbol: SYS
  • Governance: Centralized > Flat
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Proof of work
  • Emmission rate: Company will decide
  • Transactions per second:  Unfortunately we don’t have this data available.
  • Total Supply: 888,000,000
  • Release date: 2014-08-15

Usefull SysCoin links

  • SysCoin’s Website
  • SysCoin pricing data & fundamental SysCoin information
  • SysCoin’s Website
  • SysCoin official blog
  • SysCoin’s Bitcointalk Forum
  • SysCoin’s Reddit Forum
  • SysCoin’s block explorer
  • SysCoin’s Alexa site stats
  • SysCoin’s official forum: Unfortunately we don’t have this data available.
  • SysCoin’s Github code repository:
    https://github.com/syscoin/syscoin
  • SysCoin’s roadmap:
    http://syscoin.org/roadmap/
  • SysCoin’s team page: http://syscoin.org/team/
  • SysCoin’s whitepaper: http://whitepaper.syscoin.org/

Filed Under: SysCoin Tagged With: Altcoin, Crypto, Currency, SYS, What is?

Other questions related to this cryptocurrency:

  • Is SysCoin (SYS) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of SysCoin (SYS)?
  • All available information on the SysCoin (SYS) ICO
  • How can I contact the SysCoin (cryptocurrency) team?
  • Who is leading SysCoin (SYS) crypto?
  • Where to find Historical trading info and past performance on SysCoin (crypto)?
  • Where can I find fundamental analysis of SysCoin (SYS)?
  • How to buy SysCoin (SYS) cryptocurrency?
  • What is SysCoin (SYS)?

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