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  • Help blockmarket 3 July 16, 2018
    I've send my sys coin from blockmarket 1 to bittrex a month ago, didn't now at the time that it was on old chain. Will it be enough to follow this instructions ? I'm a total noob, so am scared that I will lose my coins (now is 0 balance on old blockmarket). Please […]
  • Add to your calendar Syscoin (SYS) event: Aibb Pre Sale - July 25, 2018 July 14, 2018
    submitted by /u/cryptocalbot [link] [comments]
  • Upgraded masternode to and moved wallet. Getting Sentinel Ping Expired error July 13, 2018
    I upgraded my masternode today from > and also went from a linux setup to windows and now my masternode is giving me the Sentinel Ping Expired error as a status on the masternode list. Anyone else experience this with windows 10 qt wallet? submitted by /u/thegauntlet [link] [comments]
  • Syscoin needs a fund so that creating an alias is free July 11, 2018
    Literally like .01% of every block could go towards a fund to pay for alias's. I just made one for like .001 SYS or whatever it was but the fact that I had to go to Binance, trade for SYS, and withdraw (and pay the withdrawal fee) just to do this is pretty ridiculous. If […]
  • Weekly update #8, brought to you by SCMT, is ready to be shared with your crypto buddies! July 11, 2018
    submitted by /u/syscoin_community [link] [comments]
  • Create a tag line for the Syscoin Community and win 500 syscoin! July 10, 2018
    Syscoin Community is looking for a tag line to reflect our core values and help tell the world about Syscoin! The best entry will receive 500 @Syscoin, sent via the Syscoin alias system. Please post your entries in the comments, and don't forget to add your alias in case you win! Contest is open till […]
  • wallet restore, alias gone. July 9, 2018
    I just brought my wallet back and I can not see my alias. It will simply disappear. I was restoring the wallet a few months ago and everything was ok. I attach the picture. Why are the amounts related to the alias are on -? What happend with my syscoins? the portfolio is fully updated. […]
  • You can have my SYS, but you'll have to... July 8, 2018
    pry it... submitted by /u/bstr156 [link] [comments]
  • Want to know how to log in to Blockmarket with pass phrase July 8, 2018
    Sorry for a newbie question. I had a Blockmarket wallet with a pass phrase, then downloaded the Syscoin Core wallet on the same PC (I never backed up the Blockmarket wallet). The two wallets did not work together, so I deleted the core wallet. Now the Blockmarket wallet is empty. How can I access my […]
  • CPS Coin listed? July 8, 2018
    Anyone hear any plans/rumors when CPS will be listed on exchanges? submitted by /u/ChinookKing [link] [comments]

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What Is SysCoin ?

Syscoin is a cryptocurrency and more importantly a blockchain-based decentralized marketplace where individual users and companies can buy/sell goods directly without the need of involvement of a middleman in between. These e-commerce activities are supported by automatically executable programs called smart contracts that are built into the Syscoin’s revolutionary blockchain. Users can use these automated contracts to trade goods, assets, digital certificates and data on the Syscoin.

The new platform comes with a new wallet that you can use to store or send/receive Syscoins. The entire marketplace and ecosystem is also built into its wallet and that makes everything easier and efficient. The blockchain-based marketplace is one of the many new decentralized marketplaces that are being launched either on the Ethereum blockchain or their own individual blockchains. Syscoin came into limelight in recent times when it struck a strategic partnership with Microsoft Azure, a deal that would make its offerings available on the widely popular Azure cloud platform. Now cryptocurrencies and blockchain-based startups usually struggle to get recognition from mainstream companies and that has been a part of the problem but this is a good step towards reconciliation as blockchain and cryptocurrencies are the future of the developments in tech. Syscoin is also working hard to make the whole platform extremely easy to use. Dan Wasyluk, one of the founders of syscoin says that they are committed to making the whole platform so easy to use that “even your grandmother could use it”. This approach will increase worldwide appeal of Syscoin’s wallet and decentralized marketplace.
The team
Sebastian Schepis-Creator and core developer who came up with the idea of Syscoin
Dan Wasyluk- Team manager and Dev.
Chris Marsh-Business Development Manager
Sebastien Dimichele-Community Manager
Jagdee Sidhu- Developer
Janetter Baker- Marketing and Social Media
Practical Uses
Syscoin is a very important step towards introducing a blockchain-based marketplace that works for all. Its interface is easy-to-use and the wallet is incredibly useful. So, Syscoin, even if doesn’t work on its own has a role to play in the future development of a working decentralized marketplace that will make trading easier.
In wallet mining of Syscoin is not available but you can merge mine it with bitcoin meaning if you mine bitcoin, you are likely to get Syscoin too sporadically. Currently, mining is not profitable because of merge-mining with bitcoin but in November 2017, major upgrades are expected.
Notes for Investors
The Syscoin is a relatively stable coin but it enjoys occasional leaps followed by correction too. It is certainly a coin for the long-term because it is on an independent blockchain and its parent company the Blockchain Foundry does all kinds of amazing research and development that they apply on the new coin. Its wallet, updates and marketplace are evident of the long-term planning and development of the company. In the Syscoin network, delivering more value to the network by working on it is considered more necessary than creating a hyperbole just through trading.