|Volume / Market Cap||0.0304|
|Total Supply||751,488,451 SYS|
Syscoin is currently trading at $0.1149, after a price change of 1.86% in the last 24 hours.
Ranked as cryptocurrency #243 by capitalization today, SYS market cap is valued at $86,355,322. SYS trading volume reached $2,627,801 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on SYS coin price prediction page.
What is Syscoin?
Syscoin is a decentralized, open-source blockchain that aims to offer the best of bitcoin and Ethereum. The chain benefits from the proof-of-work consensus and Network-Enhanced Virtual Machine smart contract. All the smart contracts on Ethereum are suited to the NEVM layer. The protocol is a layer-one and layer-two solution and seeks to transform the blockchain experience.
Syscoin enhances decentralization and scalability with Bitcoin-merge mining. Z-DAG technology feature is used for instant on-chain transactions at low fees. The technology facilitates asset transfers in the platform. A master node protocol has a scalable service layer and augmented security in ChainLocks.
SYS is the native token powering the Syscoin chain. There are 627,001,539.65 SYS tokens from a total supply of 627,001,540 and a hard cap of 888,000,000. The platform’s token features notary API, fungible tokens, non-fungible tokens, and fractionalized NFTs. Syscoin LUX enables the minting of the native regulatory compliance token. The platform would integrate support for typical and fractionalized NFTs.
Jag Sidhu leads Syscoin Foundation, a firm managing chain. Syscoin debuted in 2014.