1. Brief introduction
System currency is a blockchain protocol, which started in 2014. The team released the blockchain decentralized mall 1.0 and 2.0, aiming to provide products for enterprises and individuals , asset, digital certificate and data transaction decentralized mall, and at the end of March 2017, it successfully launched isolation verification and completed the lightning network test, becoming one of the few blockchain projects in the currency industry that successfully activated this technology. The total amount of system coins issued is 900 million, and the circulation amount is 550 million. System Coin is traded under the symbol "SYS" on many leading cryptocurrency exchanges. At the same time, Blockchain Foundry, which is registered and operated by the Syscoin team in Canada, is an emerging blockchain technology development company and a partner of Microsoft Azure. The company formulated the Syscoin protocol in 2014 to design and develop for enterprises and individual consumers. commercial blockchain-based solutions.
2. Project introduction
Syscoin (Syscoin, SYS for short) is a revolutionary cryptocurrency that provides near-zero-cost financial transactions, and provides enterprises with secure transaction goods, Infrastructure for assets, digital certificates and data. Syscoin's business-oriented native functionality on the blockchain makes it more than just money and transactions, it has the ability to attract a variety of business types, from eBay's dealers and high street shops to medical applications, insurance and gaming, Syscoin's decentralization network can benefit everyone.
Project features:
1. Create a decentralized market through blockchain;
2. Provide data storage;
< p>3. Provide digital verification;4. Through global merged mining, other scrypt issuance can be guaranteed.
Activate Segregated Witness:
At the end of March 2017, the Syscoin team successfully launched segregated verification and completed the Lightning Network test, becoming one of the few blockchain projects in the currency world that successfully stimulated this technology . After the system coin activated the segregated verification, it was announced at 4/26 6:43PM PST that the first Lightning Network (Lightning Network) transaction was successfully used on the main network.
The Lightning Network is a decentralized network that utilizes smart contracts to allow participants to make instant payments. The excellence of the Lightning Network is that it enables a real-time, massive transaction network without trusting counterparties and third parties. The SYS system currency completes isolation verification and lightning payment, paving the way for the release of the blockchain mall. In the future, the mobile phone web version can log in to the blockchain mall for shopping.
"Disintermediation" blockchain mall:
In order to develop the blockchain online mall, the SYS team registered and operates the Blockchain Foundry company in Canada, and is committed to providing enterprises with a secure Blockchain infrastructure and consulting services, and develop products based on system currency smart contracts, and also provide consulting and development on Ethereum blockchain and Hyperledger blockchain technology. The team uses blockchain technology to create a "disintermediation", low operating cost and high data security transaction decentralized mall platform, and the unique combination of blockchain services developed on the platform can be realized: distributed transactions, third-party custody, digital Certificates, encrypted data, segwit activation, Lightning Network support, multi-signature, alias and identity systems, and full support for Bitcoin and ZCash payment services.
