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 – Masternode – 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