SYS coin information:$SYS
Overview
SYS (Syscoin) is a decentralized, open-source blockchain platform focusing on:
1. Decentralized marketplace
2. Digital assets
3. Smart contracts
4. Scalability and security
Key Features
1. Merge-mining with Bitcoin
2. Decentralized marketplace
3. Customizable digital assets
4. Smart contract platform
5. Scalable and secure blockchain
Current Stats
- Market Cap: $50 million
- Circulating Supply: 888 million SYS
- Total Supply: 888 million SYS
- All-time High: $0.92 (January 2018)
- All-time Low: $0.01 (March 2020)
Use Cases
1. Decentralized marketplace
2. Digital asset creation and trading
3. Smart contract development
4. Cross-chain interoperability
5. Gaming and virtual worlds
Availability
- Listed on cryptocurrency exchanges like Binance, Huobi, Uniswap
- Stored in compatible wallets like MetaMask, Electrum
Additional Resources
- Website: syscoin.org
- Whitepaper: syscoin.org/whitepaper
- Twitter: @Syscoin
Partnerships and Collaborations
- Bitcoin
- Ethereum
- Polkadot
- Various blockchain organizations
Potential Benefits
- Decentralized and secure marketplace
- Customizable digital assets
- Scalable and secure blockchain
- Cross-chain interoperability
Risks and Considerations
- Regulatory uncertainty
- Market volatility
- Competition from established blockchain platforms
- Smart contract vulnerabilities
Other similar coins:
- Bitcoin (BTC)
- Ethereum (ETH)
- Polkadot (DOT)
- Cosmos (ATOM)
Technical Details
- Consensus Algorithm: Proof-of-Work (PoW) with merge-mining
- Block Time: 1 minute
- Token Standard: SYS (native)
Syscoin aims to provide a decentralized, scalable, and secure platform for digital assets and smart contracts.
Would you like to know more about SYS' potential applications or its role in decentralized finance?
