Everything You Need To Know About Syscoin (SYS)What is Syscoin (SYS)?With an innovation like blockchain, Bitcoin does provide a secure and transparent method of peer-to-peer payments. But its functionalities could not extend beyond peer-to-peer transactions. There were other unfulfilled needs, which led to the creation of Syscoin. Syscoin aims to create commercial-grade services to support a variety of business use cases. These include:
* Secure data transfer
* Secure data storage, and
* A blockchain-based decentralized marketplace.
Syscoin (SYS): The basicsLike many others, Syscoin is an open-source cryptocurrency based on the blockchain. It features the world’s first decentralized marketplace. It is also a decentralized database, an altcoin, a distributed ledger and above all — a global blockchain network.
The SYS coin, or Syscoin cryptocurrency is heavily based on Bitcoin. Or in other words, it is a fork of the Bitcoin blockchain. Naturally, then it shares some similarities with it. It is a medium of exchange and a peer-to-peer payment system that allows near zero-cost financial transactions. The SYS token can be merged-mined with Bitcoin. More
here.
Syscoin (SYS) Price for TodayCurrently, Syscoin (SYS) price is down by 5.40% and it's trading at $0.090380 today. The market capitalization of Syscoin now stands $48,937,434 million with 541,463,344 SYS in circulation. The 24-hour price movement indicates that $276,187 worth of SYS were trading. The price peaked to $0.097190 in the last 24 hours while the lowest price was $0.093059. Source:
https://coinmarketcap.com/currencies/syscoin/