SysCoin

SysCoin SYS

Centralized > Flat org. structure
  • Digital currency
  • Marketplace
80 Rank
$0.6470 Price
-6.18% % 24h
-0.5% % 1h
$343,115,448 Mkt. Cap
$5,108,870 Vol. 24h
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SysCoin project purpose and description

SysCoin clarity of purpose

SysCoin purpose and aspects

Marketplace, private messaging, no downtime, arbitrated escrow, digitial certificates, Aliases instead of complex wallet addresses, resell on behalf of others, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, free to hold

Short description

Syscoin is a revolutionary cryptocurrency that offers near zero cost financial transactions like Bitcoin and provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. Syscoin isn’t just about money and trading, it has the ability to attract all business types thanks to its native set of features geared towards the financial sector. From eBay traders and High Street shops to selling that one last item that you couldn’t even give away at your garage sale, Syscoin’s decentralized network benefits everyone!

Abstract

Syscoin is a permissionless blockchain-based cryptocurrency with a set of smart contracts which have been thoroughly tested and built on the Bitcoin scripting system using OP1 to OP16 standard script op-codes, representing coloured coin transactions, controlled by a hardened layer of distributed consensus logic for each smart contract (Syscoin service) while still retaining backwards compatibility with the Bitcoin protocol. These contracts can be combined to form building blocks for blockchain-based e-commerce solutions.

Link to Roadmap: http://syscoin.org/roadmap/
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