Syscoin

SYS

$0.002093

-16.53%

What Syscoin is, how it works, and what to watch for.

What it is

Syscoin (SYS) is a cryptocurrency launched in 2014. It is a mineable, proof-of-work Layer-1 platform that incorporates multiple technical features including zero-knowledge proofs, masternodes, and modular blockchain architecture with data availability capabilities. The project is categorized across several sectors including enterprise solutions, NFTs/collectibles, privacy, and scaling.

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Learn the concepts behind this

Clear explanations of the subjects this article touches, with every term defined.

What is cryptocurrency, and how does it work?A simple explanation of cryptocurrency, blockchains, coins, tokens, mining and staking, with a definition page for every term used.
How does a blockchain transaction actually work?Blocks, confirmations, the mempool, gas limits and finality explained in simple terms — the words your exchange uses when a transfer is taking longer than expected.