Syscoin Prediction 2018, SYS Forecast and Price Charts – When to buy SYS? What is the SYS price today? SYS Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS SYSCOIN (SYS)?
Syscoin is a peer-to-peer based cryptocurrency that offers a complete financial ecosystem that offers near-zero cost financial transactions and business infrastructure to enable transaction of digital assets seamlessly. It lets anyone make instant payments to anyone across the globe. It also offers features such as decentralized marketplaces, distributed certificate management, name aliases and more.
SYSCOIN (SYS): HISTORY
Syscoin’s whitepaper which was published in 2014 that wanted to create a decentralized marketplace which was one of the promises of the original blockchain. Its initial announcement came in March 2014 and full launch happened in August 2014. The second version was released in May 2016. In 2017 they released Blockmarket, the first fully functioning decentralized marketplace and the first to be built entirely on the blockchain, where syscoin is an acceptable tender.
HOW DOES SYSCOIN (SYS) WORK?
Syscoin is a permissionless, blockchain-based cryptocurrency that uses the Dark Gravity Wave v3 (DGW) difficulty algorithm. It has an 888-million maximum coin limit and is proof-of-work SHA-256 merge mineable with a block time of 60 seconds. While Syscoin 2.0 had a block reward of 54.13 tokens per block. Syscoin 2.1 halved it by 330% percent to 16.39. Smart contracts on Syscoin are hardened and retains backward compatibility with the Bitcoin protocol as opposed to the Turing-complete contracts sued by Bitcoin.
HOW TO BUY SYSCOIN (SYS)
The best way to get your hands on Syscoin is to trade it for Bitcoin. You can use exchanges like bittrex to do the exchange. Create your account in Bittrex and then go ahead and deposit your BTC coins to this account. Then head over to the trading page and select the BTC/SYS pair and then enter your price and how much you want to buy and then just click Buy.
SYSCOIN (SYS) PRICE PREDICTION 2018
Syscoin recently secures millions in funding which show that industry is confident about this currency. The value as of 21-2-2017 is $0.70580. Say you invest 100$ in SYS today, you will get around 141.6 SYS coins. The currency is set to see a long-term increase in price. Five-year prognosis places the currency at 0.869 USD. Today’s price is 1.386 USD with a supply of 531,095,702 SYS tokens. The market cap sits at $374,847,346 and has a trading volume of $5,024,330. Syscoin price prediction, SYS price forecast, SYS price and news, Syscoin price forecast, SYS price prediction 2018, What is the price of Syscoin 2018.