Syscoin a blockchain with a lot of future

Syscoin a blockchain with a lot of future

By Rafa3003 | A jump to | 2 Jan 2022


When we want to look around cryptocurrencies wen always thinks of the most powerful ones just like Etherum and bitcoin but what if we merge the best of these two like mining bitcoin.  the auxiliary proof of work is also called merged mining where miners can mine multiple blockchains at the same time  In Syscoin's example, around 20% of the hash power mining Bitcoin is also used to mine Syscoin with no extra power in the Syscoin scheme you can use the hash of mining bitcoin to mine Syscoin too 

Syscoin is a layer 1 and layer 2 platform which means is a blockchain that has its own protocols one of them is the Z-DAG this blockchain means that the blockchain will accept your transaction very fast and with a minimum fee this minimum fee helps the micro-transactions like buying groceries or smaller things they have more than 2000 nodes at present which all validate the transaction a typical transaction cost for this coin is .0000828 this is very low and is a project with a lot of future 

Some crypto advisors put this coin as one of the coin that will get a big pump just like Solana had, this have some of Solana things like the low fees and 

Right now the plans they are thinking in implementing ZK rollups this coin is really thinking in minimum fees 

Syscoin token platform currently features custom notary API, Fungible Tokens, NFTs, and Fractionalized NFTs they recommend a wallet for this tokens is Pali wallet even though they have created their own wallet for windows 

This coin is easy to get Binance Hotbit Gate.io Bittrex AEX 

This is not investment advice this is the result of months of following the community the projects and learning about the coin and a fundamental analysis 

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Rafa3003
Rafa3003

Time is the biggest partner you have all-time gain interest let the world work for you #HODL


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The aim of this blog is to take a deep look at some new and old crypto to establish the fundamental why is it good or bad. This is not financial advice is an opinion passed through many filters

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