SYSCoin was developed by Sebastian Schepis in 2014. Sebastian Schepis is a blockchain guru and entrepreneur. He is currently the CIO of Blockchain Foundry Inc.
What SYSCoin offers is a combination of both Bitcoin and Ethereum with heuristics built on it to achieve a more efficient financial computing platform that strengthens coordination to reach consensus using Crypto Economy logic and incentives.
Investors are investing in this crypto asset and project because they think it will gain value in the medium and long term. It is noteworthy that SYSCoin blended the solutions in Bitcoin and Ethereum and melted it in one pot.
Since SYSCoin is an old project, it is listed and traded on many platforms, including major exchanges. It is listed on crypto currency trading platforms such as Binance, Gate.io, WazirX, Bittrex, CoinEx.
It can be said that SYSCoinWin is in good shape in terms of scalability. One of the main goals of the platform is to keep fees low. SYSCoin is a proof-of-work blockchain with a hash rate second only to Bitcoin. It is combined with Bitcoin to offer unrivaled security, with multi-core chain locks for greater resistance to 51% attacks.
SYSCoin's Layer 1 features include proprietary Z-DAG technology, ultra-low transaction fees, taproot and a token platform, and compatibility with Bitcoin's emerging Layer 2 developments to experience nearly instantaneous network transactions. SYSCoin's token platform currently includes private authorization API, Fungible Tokens, NFTs and Fractionated NFTs.
On the SYSCoin Platform, a network of master nodes provides a scalable service layer and additional security through ChainLocks. Building on the Syscoin Platform unlocks future access to Network Enhanced Smart Contracts (NEVM) that take the best of Ethereum and expand processing power to facilitate larger and more complex programs at ultra-low fees.
With a market cap of $527 million as of December 1, 2021, the project has a maximum token supply of 888 million and a circulating supply of 623 million, according to Coinmarketcap data. SYSCoin had its highest price at $ 0.98 in 2018, while its lowest was at $ 0.0001992. SYSCoin, which is very close to the ATH level, is trading at $ 0.84 as of December 1, 2021.
- Founder and year of establishment: Sebastian Schepis / 2014
- Blockchain: A blockchain of its own
- Total supply: 888 million
- Circulating supply: 623 million
- Market cap: $527 million (December 1, 2021)
- Lowest price: $0.0001992
- Highest price: $0.98
- The aim of the project: Syscoin (SYS) is to offer different solutions to the world by developing the features in Bitcoin as an asset and token area.
- Uses: Asset and token space, blockchain future and NFTs.