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Syscoin (SYS) Scrypt-based alternative cryptocoin

28 Aug
2014

syscoin-logo

Syscoin (SYS) is a revolutionary cryptocurrency that not only allows low-cost financial transactions like Bitcoin, but 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. Syscoin offers benefits to everyone from eBay traders, to High Street shops and many more. Unlike other cryptocurrencies, Syscoin’s intrinsic value is derived from the decentralized services it provides directly on the blockchain. The blockchain powers all Syscoin services. It is a decentralized system of record hosted by a series of “nodes” on the Syscoin network. Syscoin trades under the symbol SYS in virtual currency exchanges.

Website:
http://syscoin.org/

Block Explorer:
https://chainz.cryptoid.info/sys/

Coin Specifications

  • Scrypt Algorithm
  • Total Coins: 2,000,000,000 (2.0 billion) SYS
  • Block reward: 128 SysCoin and regenerated network services fees (block reward decays on fixed schedule until rewards fixate at 32 Syscoin until 2bil coin, after which rewards are purely network and service fees)
  • Multipool protection: SysCoin uses KGW to retarget difficulty every block
  • Merge mineable with any Scrypt coin
  • Premine: 18% [up to 15% Based on Presale (SOLD OUT), 2% Devs (wallets will be publicized for transparency), 1% Bounties and Rewards]

Wallet:
Online Wallet
Windows
Mac OS

Source Code:
at GitHub

Ports:
– RPC Port: 8368
– P2P Port: 8369

Mining Pools:
http://www.syscoin.me/
http://sys.coin-miners.info/
http://syscoin.cryptopools.com/

Coin Exchanges:
Binance
Bittrex
Livecoin
Yobit






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2 Responses to Syscoin (SYS) Scrypt-based alternative cryptocoin

R-J-F

May 30th, 2017 at 21:58

2017: SYSCOIN is now SHA-256 and merge minable with Bitcoin.

DannyDevcoin

January 12th, 2022 at 11:34

2022: Syscoin has now bridged from its SHA-256 MM v4 from 2017 to the Ethereum EVM technology in its own separate and improved Syscoin NEVM (Network Enhanced Virtual Machine). SYS is still secured on the UTXO chain from 2017 using L1 Merge Mining with Bitcoin. It also hit $1 at nowhere near its all time high in satoshis :)

Better days ahead. Congratulations to Team Syscoin and Blockchain Foundry!

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