SYSCOIN

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SYSCOIN

DESCRIPTION ~ Syscoin has a unique ecosystem design, using Bitcoin's Proof of Work as a consensus method while being fully Ethereum Virtual Machine compliant. ~ The EVM compliancy makes $SYS interoperable and enables Complete Turing Smart contracts.

WORKING MECHANISM ~ The $SYS ecosystem utilizes a hybrid consensus method, whereby merged mining (PoW) and full nodes (PoS) are used. ~ It enables Syscoin to have a low-carbon footprint while being secured by the longest-standing consensus method (Bitcoin's PoW).

MERGED-MINING CAPABILITY ~ Syscoin utilizes the Bitcoin PoW as a consensus method, allowing to recycle spent electricity to secure the $SYS network. ~ Currently, the $SYS hash rate is near its ATH and has drastically increased from May, signalling an interest by BTC miners.

SECURITY ~ The $SYS ecosystem utilizes 4 cornerstones to ensure platform security. ~ The best secured after BTC by utilising BTC PoW and chainlocks. The ecosystem utilizes a hybrid consensus method. ~ Chainlocks to prevent selfish mining and potential re-orgs. ~ Chainlocks increase the security of Syscoin by preventing selfish mining and additionally strengthening the overall security against potential re-orgs ~ Chainlocks are usually established within a minute - no significant impact on the block production time.

SYSCOIN'S ROLLUX ~ The Rollux Suite, currently rounding up it's testnet phase is introducing Optimistic and Zero Knowledge-rollups to the $SYS ecosystem, therefore, significantly increasing the scalability of the ecosystem and potentially increasing adoption, and hence value creation.

Syscoin is really the gem to beat in terms of potentials and ability to multiply geometrically, and in terms of security, flexibility, scalability, utility and community. No one should miss it in this accumulation phase of crypto. Solid project that can be relied upon.