SYSCOIN (SYS): A Decentralized E-Commerce Platform
SYSCOIN QUICK STATS
TYPE: | Forex |
CREATION DATE: | July 16, 2014 |
DEVELOPMENT STAGE: | Full Launch |
CURRENT SUPPLY: | 531,473,122 |
TOTAL SUPPLY: | 888,000,000 |
ALGORITHM: | SHA 256 |
PROOF TYPE: | PoW |
BLOCK TARGET: | 60 Seconds |
CoinPayments provides Syscoin payment processing choices that enable retailers to obtain, ship and retailer Syscoin.
Patrons changing into extra conscious of the advantages of blockchain know-how might be drawn to a brand new sort of shopping for and promoting – a decentralized market providing peer to see transactions with out the intermediary.
Syscoin claims to supply one of the crucial superior e-commerce infrastructures out there available in the market, the place property, knowledge and digital certificates might be traded securely and effectively on the blockchain, for minimal community charges and no processing charges.
Syscoin boasts that their blockchain has a big selection of options that make it a much more superior protocol than its predecessor Bitcoin, who some could argue its now “outdated know-how”.
At present, Syscoin is merged mined with bitcoin, piggy backing on the safety of probably the most highly effective and oldest blockchain in existence.
Just like our very personal CoinPayments $PayByName, an alias might be bought for the Syscoin blockchain, performing very similar to a website identify, it replaces a protracted and complicated coin handle with a reputation that’s distinctive to the consumer.
In latest days, Syscoin alongside Blockchain Foundry – a tech improvement and consulting firm, have introduced the launch of Sys 3.0, an improve which is able to see enhancements equivalent to masternodes and the modern Z-DAG protocol which makes transactions nearly instantaneous with out the necessity for affirmation.
Syscoin’s group is made up of a few of the most tech savvy minds within the subject, with Jag Sidhu because the core developer of Syscoin and CTO of Blockchain Foundry, this Vancouver based mostly group is on the shortlist of changing into a powerhouse in at this time’s fintech scene. One other blockchain, know-how and net options firm of notice within the Vancouver, BC space is Symbio Technologies.
FURTHER INFORMATION ABOUT SYSCOIN
Syscoin Website | Syscoin Block Explorer | Syscoin on BitcoinTalk
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