Syscoin

Syscoin

SYS #1328
B 55% L1 Protocol
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Project Safety Score: 55%

Updated 1 day, 16 hours ago
SyscoinSYS
Market Cap$8342111
24hr Volume$596927
24hr Change2.9%
Price$0.00943895
Coverage: 6 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track Record
100 AAA
100% · medium
Economic Design
75 BBB
100% · high
Developer Health
18 D
100% · medium
Network Security
40 CC
100% · medium
Social Behavioral
71 BBB
75% · low
Adoption Liquidity
28 D
100% · high

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SYS Syscoin Details
Type
Layer 1 (L1), Layer 2 (L2), Smart Contract Platfor
Launched
2014
HQ
Toronto, Canada
Team
Doxxed
Smart Contract PlatformMasternodesLayer 1 (L1)Decentralized Identifier (DID)Layer 2 (L2)Zero Knowledge (ZK)Rollux EcosystemDWF Labs Portfolio

Syscoin (SYS) was established in 2014 as a fork of Bitcoin. It integrates Bitcoin's Proof of Work consensus algorithm with Ethereum's smart contract capabilities, forming a modular ecosystem that includes three distinct chains. The architecture of Syscoin consists of its UTXO and [N]EVM chains as Layer 1, along with Rollux as its Layer 2 solution, which is designed to provide enhanced scalability and performance for Ethereum-compatible decentralized applications.

Rollux distinguishes itself by being the only EVM Layer 2 secured through merged mining with Bitcoin and utilizes an advanced data availability model known as Proof-of-Data Availability. Syscoin aims to support a wide range of applications, including those related to the Metaverse, IoT, and smart cities. Its environment also features a Network Enhanced Virtual Machine for executing Ethereum-compatible contracts and includes additional Layer 2 solutions to broaden its interoperability and efficiency. The project's governance model incorporates a DAO framework for decentralized treasury management.

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart - Syscoin

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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$1.30
All-Time Low$0.0002
Circulating883825743
Total Supply883832405
AlgorithmSHA-256

Community Sentiment

👍 100% 0% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

Syscoin Stories

Reddit

r/SysCoin →

Developer Activity

GitHub stars⭐ 168
Forks73
Watchers53
PRs merged213
View on GitHub →

Syscoin GitHub