Syscoin: Bitcoin L2, PoW, data availability for rollups.
Syscoin, a Bitcoin L2, uses merge-mining and PoW to bring rollups to Bitcoin, offering scalable data availability and an EVM.
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What is Syscoin (SYS)?
Syscoin is a Bitcoin Layer 2 (L2) solution that is merge-mined with Bitcoin. It offers a modular Proof-of-Work blockchain system that enables rollup technology to be integrated with Bitcoin’s network. By providing a scalable data availability layer, Syscoin allows other layers such as EVM or AltVM to securely and efficiently connect to Bitcoin. Its foundation consists of a dual-chain Layer 1: the core is the native Syscoin UTXO (Unspent Transaction Output) blockchain, which ensures data availability and finality. Alongside the UTXO chain is the NEVM (Network-Enhanced Virtual Machine), an Ethereum Virtual Machine-compatible chain that is also merge-mined with the UTXO chain and shares its finality.
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Syscoin price live information
As of now, Syscoin is trading at 0.03236 USD, with a 24-hour trading volume of approximately 156.28K USD. The SYS to USD price is updated in real time. Over the past 24 hours, Syscoin has decreased by 1.22%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 26.32M USD. Currently, there are 813 360 869.819832 SYS in circulation out of a maximum supply of 813 360 869.819832 SYS.
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