Exclusive Interview with the Syscoin Team
SysCoin is more than a revolutionary crypto currency; it allows low-cost financial transactions like Bitcoin and also provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. Syscoin technology is said to run over the blockchain and the Syscoin Platform provides innumerous abilities for businesses to trade their products or services. The Syscoin project is being closely followed by the community and already collected a cheer number of supporters. The Syscoin team has opened their Presale last 19th of July. The team established a partnership....
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Syscoin, a cryptocurrency built for online merchants and marketplaces, has implemented DirectBTC as part of Syscoin 2.0 which builds on the features established on earlier versions. DirectBTC allows Bitcoin users to participate on the currency’s marketplace, which previously required ownership of the coin. New Syscoin 2.0 Features. The new features allow for a decentralized marketplace where buyers and sellers can use Bitcoin for their transactions. These features will allow buyers and sellers to transact with one another with almost no fees, chargebacks, or middlemen involved in trade.....
A coin that has received much attention in the past few weeks due to the innovation they will bring with the release of their coin is Syscoin. Syscoin aims to provide all sorts of businesses the infrastructure to trade goods, assets, digital certificates, and others in a secure way. The way it differentiates itself though is that it implements this marketplace, this infrastructure directly into the blockchain which is something unseen in cryptocurrency. Detailed information regarding Syscoin can be found in their whitepaper Syscoin Specifications. Among the features that will be....
On Sunday, Syscoin released legal documents detailing their communication with former Moolah CEO Ryan Kennedy (aka Alex Green) over the past few weeks. Syscoin began litigation against Kennedy for refusing to return the 750 bitcoins Syscoin raised during their presale and placed in Moopay's escrow service. Kennedy claims the bitcoins were stolen by unscrupulous users who exploited a flaw in the MintPal code. Also Read: United Kingdom Judge Orders Bitcoin Exchange Moolah to Repay Syscoin's Escrow Fund. Syscoin Releases Legal Documents from Moolah and Ryan Kennedy. On November 2, Syscoin....
On Monday, a United Kingdom High Court judge granted Syscoin's final injunction against Moopay LTD (more commonly known as Moolah) and former CEO Ryan Kennedy (also known as Alex Green). The injunction included a provision ordering Kennedy to repay the 750 bitcoins Syscoin had deposited in Moolah's escrow service. The Syscoin price rose 17% following the announcement. Also Read: United Kingdom Judge Orders Bitcoin Exchange Moolah to Repay Syscoin's Escrow Fund. Syscoin Price Rises After Judge Orders Moolah to Return Bitcoins. Syscoin. When the news first broke that Moolah had effectively....
How can you explain Syscoin to someone who has, for example, only ever used eBay, and is not familiar with cryptocurrencies? CoinTelegraph spoke to Dan Wasyluk, Developer at Syscoin, about their innovation. “Syscoin is like eBay stores or "Buy it Now" listings, except with a payment and escrow system built-in”, explains Dan Wasyluk. Syscoin do not have an auction system in place yet. They connect buyers and sellers directly, and the fees are substantially lower than any competing platform because there is no-one in the middle party taking a percentage of the sale. Syscoin is both....