Financial journalist. I've been covering financial markets since 2005. Cryptocurrency writer since 2016. Love cooking, reading and spending time with my dogs.

May 23, 2020

The history of this coin dates back to the early age of crypto — 2014. Trading pairs with SYS are available with a number of exchanges.

Sebastian Schepis, the Syscoin founder, built Syscoin 1.0 as a blockchain-based marketplace for buying and selling goods. In its third edition in 2018 it became a fully developed blockchain platform. In 2019, Syscoin 4.0 enables any ERC20 to integrate with its Bitcoin-compliant system to accomplish ultra speed and security.

Facts about Syscoin:

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Decentralized P2P Ecosystem

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- You can create tokens and develop apps based on the Syscoin blockchain.

- SYS is merge-mined with Bitcoin.

- Syscoin Bridge allows for Syscoin tokens to integrate with other blockchains with the Ethereum chain to be the first direct bridge.

- There are multiple ongoing developments that will see the light. Among them there are mobile and web wallets, bridges to other chains, etc.

Syscoin is currently based on cryptocurrency SHA256 protocol.

As always, we appreciate your feedback and reviews about Syscoin cryptocurrency here.

Our Score

Transaction speed 4 / 5

Technology 4 / 5

Security 4 / 5

Investment potential 4 / 5

Reputation 4 / 5

Our Score

4.0 / 5

Pros and Cons

pros

Good Project

Aged

Lots of exchanges

cons

Number of challenges

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User reviews

Mart 07 Feb

5.0

SYScoin has excellent fundamentals with gold-standard security using BitCoin hash-power, green with merge-mining, Ethereum EVM for smartcontracts and DAPPs, and massively scalable with ZK-Rollups.

With ZK-rollups, SYS is probably the best placed L1 platform to run metaverse, smart-cities and interoperable Defi and NFT DAPPs.