Syscoin was presented to the public in July of 2014. In comparison with other similar projects, Syscoin is not just yet another cryptocurrency, but also the first of its kind fully decentralized market where corporations can directly trade coins, stocks, goods and so on. The system is based on the Scrypt algorithm and uses the Proof of Work protocol. The total number of Syscoins can possibly reach 2 billion.
The decentralized market is available through Syscoin wallets. Trading is easy and convenient as your items are always online and available, regardless of whether your wallet is open or not. You can send and receive encrypted messages to communicate with other market players. Money transfers are highly secure and transactions are processed rapidly.
With the help of wallets v.2.0 you are able to send and receive coins without middlemen, organize your finances, sell your own products or resell other users’ goods, communicate via encrypted messages and more.
The Wallet app is available on Windows and Mac OS X. Syscoins can be exchanged for other cryptocurrencies and fiat money.
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