Market Cap
$57,339,772.9
Fully Diluted Valuation
$57,339,772.9
24 Hour Trading Vol
$2,744,334.0
Circulating Supply
805,226,921.8
Total Supply
805,226,921.8
Max Supply
∞
Syscoin Price
$0.071
24h Range
$0.064 - $0.073
Percent Change 1h
-1.19%
Percent Change 24h
10.68%
Percent Change 7d
-14.39%
All-time high
$1.30
All-time low
$0.000210
1D
7D
1M
1Y
All
Syscoin (SYS) is a blockchain platform that combines the advantages of both Bitcoin and Ethereum to offer a robust environment for decentralized applications (dApps) and digital assets. Launched in 2014, Syscoin provides features like asset creation, tokenization, and a marketplace for goods and services. The platform is designed to facilitate fast, secure, and low-cost transactions, making it ideal for businesses and developers looking to leverage blockchain technology. As of 2024, Syscoin has evolved significantly, incorporating features like ZK-Rollups for enhanced scalability and privacy, positioning itself as a powerful alternative in the crypto ecosystem.
Syscoin was founded by a team of blockchain enthusiasts, including Sebastian Schepis, Jagdeep Sidhu, and Rami Kawach. The project started as a fork of Bitcoin but quickly advanced to include smart contracts and a decentralized marketplace. The founders aimed to create a platform that empowers users to create and trade digital assets while maintaining the security and reliability of blockchain technology. The team's collective expertise in software development, cryptocurrency, and business has been instrumental in Syscoin's growth and adoption.
Syscoin operates on a dual-layer architecture that integrates both a base layer and a secondary layer for enhanced functionality. Its consensus mechanism is a combination of Proof of Work (PoW) and a unique feature called "Merged Mining", which allows miners to mine Syscoin alongside Bitcoin without additional energy costs. This helps secure the network while reducing the energy consumption typically associated with PoW systems.
The platform enables users to create and trade digital assets and tokens through its asset creation feature. Smart contracts on Syscoin allow for automated transactions and decentralized applications, similar to Ethereum. Moreover, the implementation of ZK-Rollups enhances scalability by processing transactions off-chain while ensuring privacy and security on the main chain.
To ensure the safety of your Syscoin (SYS), follow these best practices:
Investing in Syscoin (SYS) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Syscoin: Once your account is funded, you can purchase Syscoin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Syscoin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Syscoin (SYS) is currently trading at $0.071 and exhibits good potential for future growth. Check the latest Syscoin (SYS) price prediction.
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