Updates & News You May Have Missed!
15 Nov 2020 2 minute read 14 comments drluv
Syscoin masternodes are crucial to the functioning of the network in a number of ways. Syscoin masternodes provides the backbone for the patent-pending Level 2 Z-Dag Protocol that facilitates almost instant asset transfer, thus enabling scalability a...
12 Nov 2020 3 minute read 2 comments drluv
Syscoin long-term development is focused on enterprise-level adoption and therefore, scalability and interoperability are essential keystones for adoption. Syscoin is merge-mined with Bitcoin and based on the latest Bitcoin core which provides for un...
31 Aug 2020 1 minute read 7 comments drluv
In POW merge-mining, miners mine for more than one blockchain at the same time. The benefit is that with every hash the miner contributes to the total hash rate of both blockchains, and as a result they are all more secure. Hence, miners builds block...
30 Aug 2020 1 minute read 4 comments drluv
As Syscoin is merge-mined with BTC. and other projects employing the SHA-256 hashing algorithm, some of the largest mining pools mine Syscoin on the side! This includes well-known mining pools include F2pool, estimated to mine 17% of all Bitcoin blo...
30 Aug 2020 1 minute read 1 comment drluv
One of the fundamental metrics for evaluating a POW (proof-of-work) blockchain project is looking at its hashrate. Network security is directly related to hashrate (computing power) and the higher it is, the more secure a network is when new blocks a...
24 Jul 2020 1 minute read 8 comments drluv
Binance, the world’s largest cryptocurrency infrastructure provider, has partnered with Blockchain Foundry Inc. to benefit from the use of the Syscoin Ethereum Bridge. The agreement will call for BUSD, the USD-backed stablecoin issued by Binance and...
26 May 2020 2 minute read 11 comments drluv
The rise of Stablecoins (TETHER, DAI, PAX and others) have substantially increased the number of transactions on the Ethereum network. This has helped lift the price of Ethereum and increase gas fees (cost of making tx on Ethereum), as this creates...
24 Apr 2020 1 minute read 6 comments drluv
In recent days we have seen more discussion and calls for trustless bridges between blockchains and Vitalik is quoted as stating that, “It’s embarrassing that we still can’t easily move between the two largest crypto ecosystems trustlessly”.https:/...
11 Feb 2020 4 minute read 8 comments drluv
EXCHANGES AND SAFETY It has been often stated: keeping your coins on exchanges is not recommended. Exchanges have been hacked, closed down, or failed to upgrade when coins fork. Also, wallets on exchanges have been known to be in maintenance for exte...
31 Jan 2020 2 minute read 5 comments drluv
Syscoin successfully launched its bridge to Ethereum on January 28th at block 348'000. What distinguishes the Syscoin Bridge from others interoperability solutions, is that it established a completely trust-less two-way bridge without incurring third...
