About Syscoin
Syscoin (SYS) is a cryptocurrency launched in 2014. Users are able to generate SYS through the process of mining. Syscoin has a current supply of 823,454,567.3819281. The last known price of Syscoin is 0.04198908 USD and is down -0.83 over the last 24 hours. It is currently trading on 92 active market(s) with $4,551,576.15 traded over the last 24 hours. More information can be found at
Trading Insights
Searched
15
Market Stats
Market Cap
£36.86M
FDV
£27.53M
Circ. Supply
824M SYS
Max Supply
Not enough data
Total Supply
824M SYS
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£1.69M
-32.81%
Volume (7D)
£11.70M
Volume (30D)
£55.41M
All time high
£0.93
Price Change (1Y)
-62.11%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Syscoin has increased by 0.06% in the last hour and increased by 7.96% in the past 24 hours. Syscoin’s price has also risen by 24.45% in the past week. The current price is £0.0334 per SYS with a 24-hour trading volume of £1.69M. Currently, Syscoin is valued at 96.41% below its all time high of £0.93. This all-time high was the highest price paid for Syscoin since its launch.
The current circulating supply of Syscoin is 823,547,248.778 SYS which means that Syscoin has as total market cap of £36,856,397.94.
Market details
SYS vs markets
↘ 76.4%
SYS vs BTC
↘ 79.62%
SYS vs ETH
↘ 59.43%
Tags
mineable
pow
platform
enterprise-solutions
+9
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0334 | ↗ 7.96% |
1 Day | £0.0308 | ↗ 7.96% |
1 Week | £0.0264 | ↗ 24.45% |
1 Month | £0.0276 | ↗ 19.52% |
1 Year | £0.0908 | ↘ 62.11% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Syscoin functions as a proof-of-work (PoW) blockchain, and it is merged-mined with Bitcoin (BTC). Syscoin is a dual-layered blockchain at its base, including the Syscoin blockchain itself as the core. The blockchain runs parallel with an Ethereum virtual machine (EVM) called NEVM (Network-Enhanced Virtual Machine). EVM refers to a software platform for developers to create decentralized applications (DApps) on the Ethereum network. NEVM seeks to make the Syscoin network compatible with smart contract protocols. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
The Syscoin network has four main components:
Syscoin is merged-mined with Bitcoin; merged-mining is an auxiliary proof-of-work consensus. Auxiliary PoW implies that blockchain miners are capable of mining multiple blockchains simultaneously. Syscoin merged-mining allows Bitcoin's 20% mining power to be used for mining Syscoin. This process seeks to result in making the Syscoin network more secure. At the same time, Syscoin uses ChainLock technology to eliminate around 51% of malicious miners' attacks to seek to make it even more secure.
ChainLock technology operates by creating Long Living Masternode Quorums (LLMQs). LLMQs are quorums (groups) of hundreds of masternodes. The miners of a blockchain agree on which block is next based on the longest chain rule. The longest chain on the blockchain wins. Apart from ChainLock technology, Syscoin seeks to have a few more notable features:
Z-DAG: An instant settlement protocol for enabling fast Syscoin Platform Token (SPT) transfers.
Masternodes: Masternodes are full nodes that ChainLock technology utilizes to come to a consensus.
Notary Rulesets: Notary rulesets are made to allow SPT creators to apply their own rulesets for facilitating transfers. The creators can accept and deny the transfers by validating or not validating the transactions.
Syscoin Platform Tokens (SPTs) are the native Syscoin blockchain tokens. SPTs are UTXO-based tokens and seek to offer better efficiency to allow SPTs to support new and existing innovations made on Bitcoin. UTXO refers to a type of token that someone has left after processing a cryptocurrency transaction.
Jagdeep Sidhu and Michiel are the president and vice president of the Syscoin network.
Syscoin tokens have a total token supply of 63,30,43,699 and a maximum total supply of 88,80,00,000.
We update our Syscoin to GBP currency in real-time. Get the live price of Syscoin on Coinbase.
The current market cap of Syscoin is £36.86M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Syscoin is £0.93. This all-time high is highest price paid for Syscoin since it was launched.
Over the last 24 hours, the trading volume of Syscoin is £1.69M.
Assets that have a similar market cap to Syscoin include DODO, Vine Coin, Decentralized Social, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Syscoin is 824 million.
Syscoin calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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