Author

Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 348. (Read 490248 times)

sr. member
Activity: 347
Merit: 251
There can be only one!
Question: Could a 51% attack result in a certificate / asset double-spend?
newbie
Activity: 10
Merit: 0
This coin haven't launch?
sr. member
Activity: 654
Merit: 252
PR Director@Blockchain Foundry/Co-Founder@Syscoin
Is the marketplace distributed or decentralized?

Posted From bitcointalk.org Android App

Both! It uses distributed computing to mine and transfer data, certificates, assets, etc. It is decentralized since no one person can control it (like Bitcoin). If you are referring to the marketplace, it is directly on the Blockchain, anyone can build their own centralized or decentralized marketplace on top of the Syscoin code; an individual can sell their goods or services directly on the Blockchain, but a business can also use the Blockchain for the sale of goods or services. Developers will be able to easily include the Blockchain's code directly into their site or ecommerce platform. This in essence is why we chose the motto "Business on the Blockchain"
sr. member
Activity: 654
Merit: 252
PR Director@Blockchain Foundry/Co-Founder@Syscoin
Infographic coming soon as promised?

Yes, the info graphic is coming very shortly. Thanks for your interest!
newbie
Activity: 29
Merit: 0
Is the marketplace distributed or decentralized?

Posted From bitcointalk.org Android App
member
Activity: 68
Merit: 10
Although there is no doubt Syscoin is far beyond the algo game,Scrypt is not so miner friendly now.Those ASICs will rule the mining.
full member
Activity: 137
Merit: 100
Infographic coming soon as promised?
hero member
Activity: 1218
Merit: 500
BintexFutures
Launch date?
sr. member
Activity: 654
Merit: 252
PR Director@Blockchain Foundry/Co-Founder@Syscoin
seriously? scrypt? scrypt PoW already dead

I've answered this question before but I'll reconfirm it with you.

SCRYPT is FAR from dead, Litecoin is still the second coin with the most market cap today.

New coins may use a different algo and call it "innovation".

We are bringing REAL innovation to the table with 32 new command in our code. Algorithms at this point in the game is just something that people use to make it look like they are different, it is not even close to what we are doing here.

We decided to be merge-mined on SCRYPT to leverage the use of the existing SCRYPT hashing power to ensure the good-health of our coin.

We are also looking at having our version of POS, however this will be something looked at further down-the-line.
hero member
Activity: 1400
Merit: 505
seriously? scrypt? scrypt PoW already dead
member
Activity: 86
Merit: 10
full member
Activity: 238
Merit: 100
Following....
hero member
Activity: 854
Merit: 1000
Looking forward to this.
sr. member
Activity: 266
Merit: 250
Look very promising!
legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
Thanks a lot!
legendary
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
Isn't this coin implementing market on the blockchain too?
https://bitcointalksearch.org/topic/annvoot-old-thread-639371

I think many others are trying to copy this as fast as they can- but we already have this working. Of course others may try to do it differently. I took a quick look at #VOOT github and they don't have any readme docs or anything outlining new commands they have added to they client to support a marketplace feature (Syscoin has many new commands of course); Looks like a clone of a standard scrypt coin (directory structure and file wise)... I don't see a whole lot of documentation anywhere. The readme is... empty. Additionally its created by an upstream github account https://github.com/MitchellMintCoins. Seems like they're into the coin factory game and we are definitely NOT.

I'm not intending knocking VOOT or anything, maybe they're just workin on it still. I'm just saying we plan on rolling this out with full documentation, and actually have all of the commands fully documented in .MD files within our private github already done; 33 new commands documented.  Wink
sr. member
Activity: 406
Merit: 250
Isn't this coin implementing market on the blockchain too?
https://bitcointalksearch.org/topic/annvoot-old-thread-639371
member
Activity: 78
Merit: 10
 just can't wait to invest in this coin
sr. member
Activity: 406
Merit: 250
People, don't rush them.
Ethereum - which is another innovative coin - reserved itself the right to launch after several MONTHS of works.
We are talking about weeks here.
legendary
Activity: 924
Merit: 1000
Still working hard to get everything ready.
Jump to: