About Syscoin

Syscoin (SYS) is a blockchain network established in 2014 as a fork of Bitcoin, integrating the security of Bitcoin's Proof of Work (PoW) consensus with the flexibility of Ethereum's smart contracts. It operates as a comprehensive, modular ecosystem that features three distinct chains: the UTXO and [N]EVM chains serve as its Layer 1, while Rollux functions as its Layer 2 solution. Rollux is particularly noteworthy as it is the only Ethereum-compatible EVM Layer 2 secured by Bitcoin through merged mining, utilizing advanced technologies such as OP Stack and Proof-of-Data Availability (PoDA) to ensure high security, performance, and scalability for decentralized applications (dApps). Syscoin is positioned to lead in the development of smart contract applications across various sectors, including the Metaverse, Internet of Things (IoT), and smart city initiatives. Its future roadmap includes the integration of innovative technologies such as zero-knowledge rollups and DAOSYS, a decentralized autonomous organization model aimed at enhancing governance and financial autonomy for participants. By merging the foundational principles of Bitcoin with the capabilities of Ethereum, Syscoin aspires to foster financial inclusion and empower individuals and businesses in the evolving landscape of Web3.