Market Data & Token Stats
| Fully Diluted Valuation | $9.07M |
|---|---|
| 24H Trading Volume | $597,703 |
| 24H Low / High | $0.009868 / $0.01025 |
| Circulating Supply | 883.21M |
| Total Supply | 883.23M |
| Max Supply | ∞ |
Key Project Information
| Categories | Masternodes 11 more |
|---|---|
| Founder | Sebastian Schepis |
| Website | syscoin.org Whitepaper 1 more |
| Socials | 6 more |
| Explorer | Syscoin 2 more |
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Syscoin (sys) Expert User Reviews
Is Syscoin safe or a scam? Read verified Crypto OG reviews about Syscoin
$sys Markets
| Name | Pair | OG Score |
|---|
About Syscoin
Syscoin, launched in 2014 as a fork of the Litecoin network, operates on a mission to amalgamate the best attributes of Bitcoin and Ethereum into a single, powerful blockchain development platform. Functioning on a dual-layered approach, Syscoin's core blockchain merges with an EVM layer, NEVM (Network-Enhanced Virtual Machine), offering compatibility with Ethereum's smart contracts. The platform's native token, SYS, fuels its services and utility features. Programmatically designed for scalability, Syscoin boasts a unique mechanism—merged mining with Bitcoin—where miners can simultaneously mine both BTC and SYS without additional costs. This strategy enhances security and mitigates risks associated with 51% attacks.
At the heart of Syscoin's innovation lies the NEVM, integrating Bitcoin's security model with Ethereum's computational abilities. This synergy powers its smart contract layer and ensures cross-chain interoperability. The platform's masternodes play a pivotal role, fortifying security through ChainLocks while facilitating the lightning-fast Z-DAG payment protocol for Syscoin Platform Tokens (SPTs). What sets Syscoin apart is its distinctive ability to offer decentralized finality, negating the typical risks associated with Proof-of-Work mechanisms. Its architecture, featuring an Ethereum-based NEVM and Syscoin UTXO (Syscoin Native), introduces advancements like taproot, data availability and a proprietary DAG protocol, Z-DAG, creating a versatile ecosystem for developers and users alike.
What is unique about Syscoin (SYS)?
Syscoin stands out for merging Bitcoin's security and Ethereum's functionality, offering a dual-layered blockchain and interoperability through merged mining.
Who are the founders of Syscoin (SYS)?
Sebastian Schepis, Dan Wasyluk and Sebastien DiMichele were among the original founders of Syscoin.
Who are the backers/investors of Syscoin (SYS)?
The Syscoin Foundation has been guiding the project since 2019, with various contributors and supporters contributing to its development.
What is the consensus mechanism of Syscoin (SYS)?
Syscoin utilizes a Proof-of-Work (PoW) consensus mechanism merged-mined with Bitcoin for security.
Where can I buy Syscoin (SYS)?
You can buy Syscoin (SYS) on Binance, Gate.io, MEXC, Bitget, HTX cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Syscoin Official Website, Syscoin Whitepaper, Syscoin GitHub Repository and Syscoin X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
Join
OGAudit
