SYSCOIN Platform - Persistent Leadership in Blockchain Innovation!
Announced in April 2014, Syscoin is one of the oldest public blockchains that is continuously evolving with the vision to empower business, public service, education, healthcare– and individual users worldwide!
Led by visionary and pioneering developers with a proven record of resilience and persistence, Syscoin has already implemented many of the features that are just being announced by other projects!
Explore Syscoin – the trailblazing blockchain for real world use cases and join our community of engaged and supportive members worldwide!
Syscoin is far more than just a revolutionary cryptocurrency that offers near zero-cost financial transactions and provides businesses with the infrastructure to trade goods, assets, digital certificates and data securely.
Syscoin is furthermore also not limited to money and trading, as it attract all business types thanks to its native set of features. Blockmarket on Syscoin – the first fully-functioning, decentralized marketplace and wallet allows anyone and anywhere to offer goods and services, providing escrow to secure transaction and price pegging to adjust for fluctuations is just one of the applications built on the Syscoin protocol.
It is the ability to create assets, tokens, certificates, to create dApps with that opens the door for every organization, be it profit or non-profit, in health care, education, public administration or any membership organization to create reward points, or to verify accomplishments and documents that makes the Syscoin plaform unique!
Syscoin’s intrinsic value therefore derives from the decentralized services it provides that powers all Syscoin services.
Syscoin is rapidly emerging as a full-fledge platform that provides an accessible open-source development platform which enables endless possibilities!
Some of the most respected blockchain projects were built on SYSCOIN!
Visit some of the major blockchain projects that decided to build on the Syscoin platform and utilize its unique features – such as the pionerring Z-Dag technology and other features to build their dApps and issue tokens:
Coinspayments.net – Largest integrated payment gateway for cryptocurrencies
Lode.one – Cryptographic Silver Monetary System
SYSCOIN trades under the symbol SYS on most reputable currency exchanges and the Blockmarket Desktop Wallet provides for in-wallet purchase of Syscoins as well!
The Syscoin Blockchain
Syscoin is a merge-minable SHA256 coin which provides an array of useful services which leverage the bitcoin protocol and blockchain technology.
- 1 minute block targets, diff retarget each block using Dark Gravity Wave(24)
- 888 million total coins (deflation 5 percent per year, deflation on all payouts)
- Block time: 60 seconds target
- Rewards: 38.5 Syscoins per block deflated 5 percent per year.
- 10 percent to governance proposals (3.85 Syscoins / block).
- 22.5 percent to miner (8.6625 Syscoins / block)
- 67.5 percent to masternode (25.9875 Syscoins / block)
- SHA256 Proof of Work
- Mineable either exclusively or via merge-mining any SHA256 PoW coin
- Syscoin data service fees burned
- Masternode collateral requirement: 100000 Syscoins
- Masternode seniority: 3 percent every 4 months until 27 percent over 3 years
- Governance proposals payout schedule: every month
- Governance funding per round (168630 Syscoins per month)
- Hybrid layer 2 PoW/PoS consensus with bonded validator system (masternodes)
- Decentralized governance (blockchain pays for work via proposals and masternode votes)
- Decentralized identity reservation, ownership, and exchange
- Digital certificate storage, ownership, and exchange
- Distributed marketplace and exchange
- Digital services provider marketplace and platform
- Digital asset creation and management
- Decentralized escrow service
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