Syscoin opinions

Syscoin
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1 opinions

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So far,1 of opinions have been recorded for Syscoin. These opinions are not investment recommendations but the community's perspective on Syscoin. Please do not make a purchase decision based on these Syscoin opinions.

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Syscoin opinion #1

Positive opinion by Anonymous on 28.11.2020 5 of 5

Syscoin (SYS) is again a fork from the original Bitcoin Blockchain which was launched in 2014.
Here again, as with BitcoinCash or BitcoinSV, it tries to implement the true values of Satoshi Nakamoto. In contrast to other cryptocoin solutions, Syscoin also integrates a marketplace.
As with the original, the consensus is determined using PoW (Proof of Work) and the hash algorithm AES-256. This coin is therefore also applicable for ASIC (application specific integrated circuit).
Experience has shown that with a high number of transactions TPS the fee increases. With Syscoin, a near-zero fee level is aimed for.

In addition, this block chain offers the possibility of exchanging encrypted messages such as an email between Syscoin holders.

Although Syscoin has been in existence for 6 years, the project unfortunately only loses around 150th place in the coinmarket cap. Since many other crypto currencies, as listed above, exist with partially or completely identical efforts, I will unfortunately not invest in this coin.