Syscoin

Name

Syscoin

Description

Syscoin is a Peer-to-Peer Electronic Cash System Built For Business Applications. Syscoin comes with a 2-way bridge for ERC-20 tokens and with ability to create custom blockchain-based tokens.

Consensus Type

Syscoin has two consensus layers. In the first layer, Z-DAG (Zero-Confirmation Directed Acyclic Graph) is used to arrange transactions in order before being written to the blockchain. The second layer โ€“ Masternode โ€“ uses hybrid PoW/PoS model to help disseminate transactions, blocks, forks and headers in a mesh topology to promote a healthy network of full nodes.

Tx Cost

.13 USD per 10k TXs

Average TPS

20-60k TPS burst capacity w/ ZDAG

Finality

10 seconds on first layer. 1 minute on second layer which ensures confirmation and conflict resolution

Governance/validator Token

$SYS

Transactional Token

$SYS

Resources

Website Github Whitepaper Developer Docs

Social Media & Community

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