Syscoin (SYS) News, Price Predictions, Opinions and Analyses Created by Users

Syscoin (SYS)

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Syscoin (SYS) is a Blockchain-as-a-Service (BaaS) platform that was founded in 2014 by Jag Sidhu, Sebastian Schepis, Dan Wasyluk and Sebastien Dimichele. The platform lists its technical performance, interoperability, security and low fees as the network’s main strengths. 

The team describes the platform as “[bringing] you the tools you need to remove the middleman and take back control of the way you do business.” They have already outlined several possible use cases, like Point of Sale decentralized applications for stores and e-commerce platforms or even the creation of tokens.

BaaS platforms are growing in popularity because of the comprehensive and accessible blockchain development solutions they provide to small and medium businesses, who lack the resources of larger companies and are unable to develop solutions themselves. Most BaaS platforms offers comprehensive, easy to deploy blockchain solutions with minimal effort. 

Other technical features worth noting about Syscoin are the Syscoin Bridge, its masternodes and zero confirmation transactions. Syscoin Bridge enables two-way bridge between Syscoin and other blockchains. The Ethereum blockchain is the first priority here, as it would allow Syscoin to interact with Ethereum’s smart contracts. Syscoin’s masternodes are based on blockchain project Dash’s code. Zero confirmation transactions allow for near real-time transactions. 

The roadmap, last updated in April 2019, shows multiple milestones for 2019, many of which are nearing completion. The most of these is perhaps SYS4 1.0, which would enable smart contract execution. Ledger integration, blockchain swaps, several APIs  and a hybrid permissioned/permissionless layer 2 blockchain are also on the agenda.


Meet Luxy - The first Web3 NFT Marketplace!

8 hours ago 1 minute read 5 comments drlove

Many NFT marketplaces are in the works - mostly selling art, music or other digital properties. But obviously, any object of value can be linked to NFTs. Think about cars, real estate, pharmaceuticals, airplane parts that can be traced and traded on...

Longevity of SYSCOIN⁉️

6 May 2021 1 minute read 0 comments KoinMaster22

Syscoin (SYS) is moving well so far and gaining the ALL-TIME HIGH price yesterday. After 24hrs of movement, Syscoin (SYS) has reached up to $1.096. CoinEx current price as of this writing is $0.864794/SYS with +38.68% 24/HR price change. About SYSC...

Nimble Syscoin beats BTC to Taproot Upgrade!

4 May 2021 1 minute read 8 comments drlove

Syscoin is merged-mined BTC and developers are meticulously upgrading to the latest BTC core. Taproot has been named the most significant upgrade to the BTC core and miners are voting to have it implemented. As is, around 25% of the network’s SHA256...

Syscoin 4.2. Lux Token Platform Leading to Major Adoption

27 Apr 2021 4 minute read 12 comments drlove

As the release of Syscoin Lux 4.2. is less than 4400 blocks away and estimated to go live approximately on April 30th 2021, 5:40:53 pm (UTC), it is time to summarize the unique top features that make it stand apart from all others and that will more...

Syscoin Partners with Klever

21 Apr 2021 3 minute read 1 comment drlove

We are thrilled to announce our collaboration with Klever to integrate Syscoin LUX (4.2) into the Klever ecosystem. When Lux is launched at the end of April, Klever will become the primary mobile wallet for SYS and Syscoin Platform Tokens (SPTs). Kle...

Understanding Syscoin in about 30 Seconds

26 Mar 2021 1 minute read 5 comments drlove

Syscoin is a token platform and use-cases are unlimited. Projects can select Syscoin to build their projects on to enjoy faster and cheaper transaction costs than other platforms. An example of a project on the Syscoin platform would be http://lode.o...

Syscoin Platform Tokens (SPT) on HOTBIT Pending 4.2. Release

13 Mar 2021 2 minute read 10 comments drlove

As the release of Syscoin Lux 4.2. is approaching with blockheight announcement due any day now, the eco-system for the Syscoin Platform is rapidly maturing. Not only will the long awaited trading pair of SYS/USDT be made available (in addition of th...

Alt Market Overview. March 01-11, 2021

11 Mar 2021 1 minute read 1 comment Sir Loin

The news about the integration of the Nash project with the Aave platform increased the value of the #NEX token at its peak by 25%  The announced strategic partnership with LinkDNS by representatives of the High Performance Blockchain led to a 20% i...

Key Dates for Polkadot, CRO, COTI, OVR, NEM, SYS and ETH fees update

8 Mar 2021 1 minute read 0 comments busyjordy

CRYPTO CORNER EPISODE 168 In this episode: ►Market Roundup ►Ethereum EIP 1559 Proposal Set for July ►Jack Dorsey Tweet NFT valued at $2.5 Million ►Key Dates in March for NEM, OVR, SYS, CRO, Polkadot and COTI References:My OVR review: https://youtu....

BlockchainFoundry Corporate Update: DeFi Strategy, Enterprise Development Initiatives and New Customer Acquisitions

5 Mar 2021 5 minute read 4 comments drlove

Blockchain Foundry (BCF) Inc. was founded in 2016 by the development team responsible for creating the Syscoin protocol in 2014. The team recognized the opportunity to productize the benefits blockchain technology presented for use by both businesses...