|All Time High:|
|Market Cap: |
|The price of #SYS today is $0.18 USD.|
The lowest SYS price for this period was $0, the highest was $0.176, and the current live price for one SYS coin is $0.17615.
The all-time high SYS coin price was $1.31.
Use our custom price calculator to see the hypothetical price of SYS with market cap of BTC or other crypto coins.
|The code for Syscoin is #SYS. |
Syscoin is 8.6 years old.
|The current market capitalization for Syscoin is $120,005,606.|
Syscoin is ranked #206 out of all coins, by market cap (and other factors).
|The trading volume is large during the past 24 hours for #SYS.|
Today's 24-hour trading volume across all exchanges for Syscoin is $12,328,189.
|The circulating supply of SYS is 681,273,338 coins, which is 77% of the maximum coin supply.|
Masternode Mandatory Upgrade to Syscoin 4.4
It is now time to upgrade your Syscoin Masternode to Syscoin 4.4. This is a mandatory upgrade and Sentinel must also be upgraded. After block 1,586,000 if you have not upgraded, you will no longer receive rewards. Below you will find how to upgrade your VPS via Script Install or Manual Install, plus installing 4.4 QT.NOTE: When you first upgrade your masternode and QT it will reindex. — Script Install Upgrade - Login to your VPS via root, Run the following command, syscoin-cli stop 3. Run the following commandsysmasternode If this does not work, please type in the following and try againsource ~/.bashrc 4. This will bring up the following; Press enter and it will bring up the following screen; 5. Press Enter for all options. 6. This will now install the newest version of Syscoin. 7. Once Completed type the followingsyscli getnetworkinfo This will show that you have upgraded to the latest version of 4.4.syscli getblockcount This will make sure that your masternode is reindexing. It should be around 0 mark.#If it does not reindex, run the following syscoin-cli stop sysd -reindex — All upgraded! - Your Masternode is now upgraded to the latest version of Syscoin, you may now exit out of your VPS. — Manual Install Upgrade - Run the following cmds in console:#Upgrade to 4.4 cd ~/syscoin ~/syscoin/src/syscoin-cli stop git checkout v4.4.0 git pull ./autogen.sh ./configure make -j$(nproc) make install #U...
Revealing the Method in the Madness
The big advantages that Web3 and rollups gain from Syscoin - Long ago, it seemed like madness to some people when the Syscoin project determined that layer 1 of the blockchain stack should ideally represent a court system instead of a transaction processor — the opposite of practically every other blockchain out there. We went against the grain of many mass-marketed third-gen blockchains of that time, even some still today, with our assertion that the base layer is best suited to serve users with repudiation of state decisions, means of governance, and to guarantee censorship resistance for users’ layer 2 accounts. Having witnessed both the evolution and arguably plenty of deterioration in blockchain technology since the beginning of Bitcoin, the necessity has only become more apparent for a steady and decentralized (albeit slow) layer 1 supporting the scaffolding of a fast and convenient layer 2. The Syscoin Platform took incremental and tactful steps to achieve its optimal design for a distributed financial computer with a fractal/modular tech stack. As such, at one time Syscoin’s competitive advantage over the sea of alternative L1s was not so obvious to casual onlookers, until now. Syscoin’s Lead Core Developer and Foundation President, Jagdeep Sidhu, elaborated on Syscoin’s overall design in an earlier blog. He also covered the modular tech stack, laid out the ideals in designing a modular tech stack and e...
Ascend to a Higher Level, Hotep Jesus Endorses Syscoin
Nearly two months after the unwinding of the 2008 financial crisis, Satoshi Nakamoto shared Bitcoin’s whitepaper in an email to a cryptography mailing list. Along with the document, he stated, “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” With this, Satoshi provided the blueprint for a trustless decentralized financial system as an alternative to central banks who continually betray the trust of the people they are supposed to serve through acts like perpetual debasement and policies that favor special interests. On the Genesis Block, Satoshi repeated this message, by recording that day’s headline from ‘The Times’, “Chancellor on Brink of Second Bailout for Banks.” By design, Bitcoin is rooted in decentralization, censorship-resistance, and the unbridled security a widespread PoW network can offer, which translates to real world ideals like financial sovereignty, empowerment of the individual, and the freedom that can be found by taking a bottom-up, rather than top-down approach. Since its inception, important advancements that expand blockchain’s utility such as Ethereum’s introduction of the EVM. Even our perception of Bitcoin has evolved from viewing it as a transaction processor to that of a settlement court for the entire framework, as we recently touched on. Nonetheless, as the space has grown, many have entered who have no knowledge o...
MEXC Launches $20m Ecosystem Fund in Strategic Partnership to Support Rollups on Bitcoin Through…
MEXC Launches $20m Ecosystem Fund in Strategic Partnership to Support Rollups on Bitcoin Through Syscoin’s Rollux OPv1 - MEXC, a global top 10 digital asset trading platform, has entered into a strategic partnership to support the launch of a rollup solution that is secured by the Bitcoin network. Rollux OPv1 is Syscoin’s first in a series of planned rollup implementations secured by Bitcoin’s own PoW network. MEXC has allocated a $20m fund for kickstarting projects to utilize the new Syscoin layer-two which was recently released on a public testnet. Syscoin is a modular blockchain that incentivizes Bitcoin’s miners and thereby inherits roughly 20–30% of Bitcoin’s hashrate today. Syscoin accomplishes this through a carbon-neutral process called merged-mining. By combining this extension of Bitcoin’s own security with a utility-focused economy, an EVM coupled with finality, and rollups, the project aims to serve Web3 at global scale to provide the opportunity for worldwide financial inclusivity. That is, actualization of a new concept some refer to as Web5. Leo Zhao, investment manager of MEXC Ventures, has this to say:Our new collaboration with Syscoin is part of the MEXC commitment to empower solid and innovative projects that push the boundaries of blockchain to solve big problems. We’re excited to see where Syscoin can go, and how builders and users will take advantage of this novel design. As an altern...
Introducing SYS Labs
The mission of SYS Labs is to build truly scalable Web3 infrastructure and dapps that meet the needs of a global population, utilizing the first modular blockchain with EVM-compatibility anchored in Bitcoin’s network and scaling via rollups. What SYS Labs does spans from metaverse, NFT and gamefi platforms, to regulatory-compliant rollups, all with state-of-the-art user experiences, and all secured by Bitcoin. All of this is accomplish by building upon the scalable Layer 2 technologies of the Syscoin blockchain, which serves as the best foundation for most of our products. SYS Labs is like a combination of Ava Labs, StarkWare and Matter Labs; its primary focus being onboarding the world to Syscoin so everyone can benefit from its capabilities and capacity. SYS Labs is a separate and distinct entity from Syscoin Foundation. Syscoin Foundation is the non-profit organization founded in 2018 with a mission to help develop, guide and foster the open-source decentralized Syscoin blockchain project. With Syscoin’s Rollux L2 on public testnet, and mainnet just around the corner, the foundation recognizes the need for a for-profit entity focused on building applications that tap into Syscoin effectively, and when appropriate, making those applications interoperable, all to accelerate the adoption of Syscoin. The foundation will support and work closely with SYS Labs just as it supports any partners who are strongly focused on hel...
ApeSwap Expanding on Rollux
Syscoin’s Rollup Suite, Rollux, is coming together to give the blockchain industry the most secure, fastest, and lowest cost scaling options available. We are on a mission to onboard projects and developers who understand the value of delivering their users the optimal Web3 experience. Many partners of our partners have been actively working within our private testnet, in order to assume the position of industry-leaders in their respective markets once mainnet arrives. One such partner is ApeSwap, who is taking advantage of the opportunity to expand their range of offerings for the Syscoin ecosystem. ApeSwap is working on expanding to Rollux, bringing with them their core product offering of DEX, Jungle Farms, and Treasury Bills. Their goal is to help craft a narrative around Sustainable Liquidity Mining on Rollux, ensuring that new projects launching or expanding to Rollux are set up with long-term, sustainable, protocol-owned liquidity. — DEX - Once an adequate level of protocol-owned liquidity is achieved, projects can transition into raising stables and other strategic assets in order to further diversify their treasury. Over time, as markets move, it is critical that projects seeking long-term success diversify their treasuries away from 100% native token. At the core of the ApeSwap platform is their decentralized exchange, or DEX. Their multichain DEX allows users to swap between ~200 tokens on BNB Chain, Polygo...
Rollups on Bitcoin Are Imminent
Syscoin’s Layer 2, Rollux OPv1, Enters Public Testnet. — A dark horse is a previously lesser-known contestant that emerges to prominence, especially in a competition involving multiple rivals. Syscoin is blockchain’s dark horse. Rollups are a giant leap forward toward mass-adoptable Web3 infrastructure. As rollups emerge it is important to remember that the best scalability isn’t just about meeting needs with speed, “TPS”, and low fees. Security and decentralization are also key to properly supporting high value use cases. Rollux is our in-house rollup suite, and it features the only rollups backed by Bitcoin’s gold standard PoW security. Rollux’s ultimate security, throughput, and lowest cost, make it the premier Layer 2 solution for Web3 projects. We are proud to announce it is now live on public testnet. Rollux OPv1 is Syscoin’s first rollups solution. It is an optimistic rollup designed to enable end-users with near-instant low-cost transfers, executions and contract deployments. The Rollux OPv1 testnet is now live and underway. Over the past year, we have announced a number of incredible partners who will be operating on our layer 2 and kickstarting the expansion of the Syscoin ecosystem. Many of them are already at work utilizing the OPv1 testnet toward bringing their protocols and applications public as soon as possible. These include: Pegasys, SYSPad, BuilditMerchants, MudAI, DystoWorld, Luxy, Z...
The 10 Commandments of Blockchain
It’s hard to go too long without referring back to Bitcoin, and rightfully so. Even if someone knows nothing about blockchain or crypto in general, they likely know the name of Bitcoin. It’s like the Coca-Cola of crypto. Satoshi Nakamoto gave the world a gift with vast ramifications it is difficult to believe even he anticipated. Without it, there definitely would not be Syscoin, nor Ethereum, no Binance nor crypto kitties and a lot of Bored Apes would just be code monkeys. Syscoin team members would not be changing the world, at least not in this way, and worst of all, most people in the crypto industry would have to go get real jobs with cubicles, time cards, and mandated lunch breaks. Bitcoin is a part of the zeitgeist. It’s indelibly changed the lives of many people so far who are lucky enough to belong to a small minority of the global population. However, the number of people like ourselves whose lives have been altered by Bitcoin’s invention and its ripple effects is on a course to grow exponentially. Rollups are going to make blockchain not just more accessible, but imperceptible than ever before as they underlie applications the end user has no knowledge of. As this technology becomes ubiquitous, it will force humanity to evolve to be more connected than it ever has been. The magnitude of this change will be felt by us all. Therefore, we have a responsibility to make it a positive one that empowers people, re...
Porsche24 and Team GP Elite Partner with Syscoin to Launch NFT Collection
It’s the racing season and Syscoin has got its feet wet in the motorsport scene with a brand new collaboration with Porsche24 and Team GP Elite. This partnership will follow in a long line of successful racing collaborations with many Blockchain companies dominating the branding around the F1 racetrack and other great motorsport competitions. — Introducing P24 Fender Benders - The brand new P24 Fender Benders collection consists of 5,000 unique artworks, each displaying one of the five Supercup drivers from Team GP Elite in the Porsche Mobil 1 Supercup season of 2022. These NFTs are designed by the Dutch Street Artist ‘Street Art Frankey’. The collection combines a Supercup track with a Supercup driver and includes several special NFTs. When owning a special NFT, the following spectacular prizes can be won: Dutch GP 2023 weekend (Friday-Sunday) tickets for 2 people (5x), Dutch GP 2023 Sunday tickets for 2 people (5x), Dutch GP 2023 Saturday tickets for 2 people (5x), Dutch GP 2023 Friday tickets for 2 people (5x), Virtual Sim Race training session by a Supercup driver (40x), Virtual Porsche Mobil 1 Supercup race tickets (135x), Hotlap at Circuit Zandvoort by a Supercup driver (125x), — [Whitelist] is open! - Make sure you are able to own at least one P24 Fender Benders NFT by whitelisting your wallet address here. The collection will be launched on LUXY.io and the launch date will be announced soo...
Hacken Chosen to Audit Syscoin’s Layer 2
Blockchain technology is changing fast. Rollups are on the horizon and represent a massive leap forward in scalability and affordability, which will usher an unprecedented level of adoption. Multiple protocols are racing to ensure their platforms will be rollup ready, because failure to do so will mean failure to remain relevant. Syscoin is already ahead of the pack, as we have been working around the clock to make Syscoin Rollux the go-to rollup suite for anyone who takes security seriously, all within the complete architecture Syscoin offers from our modular Layer 1 and up. In order to help prove the security of our protocol, we are proud to announce our latest partnership with Hacken. Hacken is a leading Web3 cybersecurity auditor who works with some of the biggest names in the industry. In addition to security auditing for smart contracts, blockchain protocols, and dapps, their services include penetration testing and running bug bounty programs. Over the course of their five-year history, they have worked with more than 1,070 clients, exchanges making up more than fifty of them, and have grown into a large team of ninety people. Syscoin represents an opportunity for Hacken to put their expertise to use testing our Layer 2 built atop our Layer 1 NEVM running parallel to our Bitcoin-backed UTXO Layer 1 chain. Security is something that can simply not be taken for granted. It is why we chose to base Syscoin on the Bitcoin ...
More Syscoin (#SYS) News
|While Bitcoin's Hashrate Remains Sky-High, Merge-Mined Crypto Asset Netw...
In recent times, Bitcoin's hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world's top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin's increased hashrate.How Bitcoin's Hashrate Benefits Other Crypto Networks
Bitcoin's hashrate secures the network and provides rewards for miners participating in the system, but mining pools also dedicate computational power to networks like Namecoin, Elastos, Emercoin, and Vcash. For example, Namecoin has a hashrate of around 187 EH/s today, and some of the top bitcoin mining pools merge-mine the network to acquire namecoin (NMC) rewards.
Merge mining is a process in which miners can mine various cryptocurrencies at the same time without any additional cost. Merged mining is similar to a person playing Pac-Man and Asteroids at the same time, using the same joystick and earning rewards for both games. Namecoin was the first cryptocurrency project to be merge-mined, as it shares the same SHA256 algorithm as Bitcoin, and the first merge-mined block on the network was mined on Sept. 19, 2011.
Bitcoin pools that dedicate hashrate to the Namecoin chain include F2pool, Viabtc, Poolin, and Mining Dutch. While F2pool is the fourth largest bitcoin mining pool over the last three days, it's the largest namecoin miner as it dedicates its entire...
|Web3 Domain Alliance Announces New Members to Protect User-Owned Digital...
[PRESS RELEASE - San Francisco, United States, 22nd February 2023]
Unstoppable Domains commits to not assert against members of the Alliance its patents that are necessary to adopt the Alliance’s interoperability and security standards
The Web3 Domain Alliance, a member-led coalition dedicated to improving the technological and public policy environments for users of Web3 naming services, today announced 52 new members including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever, along with dozens of other naming systems, projects and companies.
In order to support the ongoing development of digital identity technology in Web3, Alliance members including Unstoppable Domains will make contributions, including technology, to enable interoperability and security standards. As part of this commitment, Unstoppable has irrevocably agreed not to assert against Alliance members its patents that are necessary to adopt the Alliance’s interoperability and security standards. More information can be found on the Web3 Domain Alliance website. A founding member of the Web3 Domain Alliance, Unstoppable was recently awarded a patent around resolving blockchain domains and aims to support innovation across the Web3 industry through its IP investments.
Members of the Web3 Domain Alliance will engage on topics including consumer protection, interoperability of blockchain naming systems, fair and open use of intellectual property in the industry, preventing naming collision...
|Web3 Domain Alliance Launches To Protect Users' Digital Identities
[PRESS RELEASE - Lisbon, Portugal, 2nd November 2022]
The newly formed member-led alliance will support the development of Web3 domains and work to fight bad actors, cybersquatting and domain collisions in Web3
Today, the Web3 Domain Alliance was formed – a new coalition that aims to promote the technological advancement and interoperability of Web3 domain registries and improve the experience of Web3 users. The alliance will seek to prevent malicious phishing attacks, bad actors impersonating Web3 “top-level domains” (W3TLDs), cybersquatting and Web3 domain collisions. The member-led group includes leading blockchain and Web3 naming players including Unstoppable Domains (.crypto, .nft, .x, .wallet, .bitcoin, .dao, .888, .zil, and .blockchain), Bonfida (.sol), Tezos Domains (.tez), Polkadot Name System (.dot), Hedera (.hbar), Syscoin (.sys), and klaytn.domains (.klay) that are working together to provide protection for Web3 domain names. This cross-chain coalition includes naming systems across the Polygon, Ethereum, Solana, Tezos, Polkadot, Hedera, and Klayton blockchains.
While traditional Web2 domain names are organized by the Internet Corporation for Assigned Names and Numbers (ICANN), an American nonprofit organization responsible for coordinating namespace databases, there is no such governing body or alliance in Web3. Web3 domains, such as sandy.nft, nate.hbar or sarah.sol, provide infrastructure that allows people to own their Web3 identity and data ...
|Crypto ATM company GENERAL BYTES upgrades popular model with new 10&Prim...
GENERAL BYTES, one of the largest bitcoin and cryptocurrency ATM manufacturers, recently announced it has upgraded the BATMTwo, its most popular ATM model, with a permanent screen upgrade.
The 7-inch touch screen is now a 10-inch screen, and all newly ordered BATMTwo ATMs will ship with this more ergonomic touchscreen. The new 10″ screen on the BATMTwo offers ATM operators more space for branding with their favorite screensavers plus increased user-friendliness for vision-impaired end-users. Moreover, it has an increased viewing angle, making it easier to navigate under harsh light conditions.
BATMTwo starts from USD 3,649 and the BATAMTwoPro from USD 4,799 depending on the configuration.
Note, the main difference is that BATMTwoPro comes with a cash stand, which provides a higher security standard than a bill acceptor in the head unit, as BATMTwo has. Cash is inserted by the customer directly into the stand that is made from 3mm iron.
40+ cryptocurrencies supported on BATAMTwo Models include:
BTC, BCH, ETH, LTC, DASH, XMR, DOGE, ANT, BTXX, BURST, CLOAK, SMART, FTO, GRS, ICG, LEO, LINDA, LSK, MAX, MEC, MKR, NBT, NXT, PAC, REP, START, SYS, TKN, USDT, VIA, WDC, XMR, and XZC.
'We wanted to thank all our customers and fans for their continued trust and feedback over the past years, as without them, none of the improvements would have been possible. That is the first of the big product updates we prepared for you this year. Stay tuned! Last call for ordering BATMTwo series w...