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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.

GetBlock Adds Support For Syscoin (SYS) Blockchain

14 Sep 2022 1 minute read 0 comments GetBlock

The GetBlock project provides access to Syscoin, an open-source blockchain based on both Bitcoin and Ethereum. Having used high-tech methods since its creation, Syscoin is compatible with the Ethereum Virtual Machine and can scale using NEVM...

Read Suscoin's historic V1.1 Whitepaper as it helps raise Syscoin's profile

26 Jun 2022 3 minute read 2 comments That SUS girl UTTKE

Suscoin V1.1 Whitepaper L1 UTXO Bridge Upgrade What started as a meme token inspired by when some mockingly refer to Syscoin as “Suscoin”, it has become a passion project to provide the best ERC20 token in the market. In fact, Syscoin is everything...

Syscoin VS Solana

29 May 2022 6 minute read 6 comments SimpleHold

Today the Syscoin cryptocurrency is becoming more and more popular, and many users believe that it is capable of becoming the second Ethereum. However, what about Solana crypto, which was predicted the same future? Even though both platforms have a l...

Syscoin (SYS) Can Break A Big Triangle For Massive Move

14 Apr 2022 1 minute read 0 comments moon333

  You can also support my work at Patreon for more ideas:   To check the Patreon trade success testimony, you can watch this pinned post:   In order to play and watch the current...

Syscoin Crypto & StealthEX AMA Recap – All You Need To Know: Learn More About The Syscoin Project, Is Syscoin A Good Investment, And How To Buy SYS Coin?

2 Feb 2022 10 minute read 5 comments StealthEX

On Febuary 1, 2022, we had StealthEX & Syscoin AMA Session in our Telegram Community Chat and here is a recap. Just take a little time to read through and learn everything you need about SYS coin. Let’s start! Today we are excited to be joined by Bra...

What is Syscoin?

25 Jan 2022 1 minute read 0 comments LeftFooted

The first thing I wanna say about Syscoin is their website is a bit slow. Maybe it's just me, slow network, but I thought it was worth mentioning. The goal, according to their whitepaper, is to combine the best of both worlds (Ethereum and Bitcoin) t...

Final Hours Are Ticking For Syscoin To Break Another Triangle | After Breaking Out The Triangle, SYS Can Breakout A Long-Term Channel

21 Jan 2022 1 minute read 0 comments moon333

  Don't forget to upvote/tip and share the post, thanks   You can also support my work at Patreon for more ideas:   In order to play and watch the current performance of the chart you need at least a free account on t...

Syscoin Is Now the Most Advanced Smart Contract Platform

8 Dec 2021 4 minute read 2 comments drlove

The best of Bitcoin & Ethereum are together in one place Phase One of the NEVM launch is complete! Our Bitcoin-secured Layer 1 for EVM smart contracts reached mainnet on block 1,317,500, December 6th, 2021. With this upgrade to the Syscoin network, y...

WTF is Syscoin and why should I care?

21 Nov 2021 2 minute read 4 comments humblebumble

  All right, if you've never looked into Syscoin before or you've tried to check it out but you've had enough of the technical mumbojumbo this article is for you. I'll break it down with as little technical jargon as possible and make it as understan...

Syscoin Easy USD 20K Giveaway as NEVM Release is Approaching!

11 Nov 2021 1 minute read 4 comments drlove

As the release of Syscoin NEVM is approaching that has been described in more details in this post , offering Ethereum compatible smart contracts but backed by Bitcoin core security through merge-mining on the base layer and with unique features even...