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Author Topic: ⚒ Syscoin - 2.1.3 w/Segwit Released! Decentralized Business Blockchain Platform!  (Read 224210 times)
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danosphere
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Syscoin- Changing the way people do business.


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May 09, 2016, 02:37:33 PM
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Syscoin 2.0 is a cryptocurrency based the Syscoin 1.0 originally launched August 14, 2014. This thread is a continuation of this thread, which was the Syscoin 1.0 launch thread. Syscoin is unique fintech asset that offers much more than simple currency transfer. Syscoin provide an entire marketplace ecosystem built around the SYS token but cross-compatible with Bitcoin (BTC) as well. Unlike many coins the features below are not on the roadmap they are live and in production launched April 30th, 2016 as version 2.0. Value from the 1.0 chain as of block 880510 was migrated to the 2.0.

Syscoin 2.1 Whitepaper



Syscoin 2.1 Features
  • Blockchain Pruning – Provides improved scalability to the core syscoin blockchain by efficiently pruning expired service data to minimize blockchain bloat for full nodes.
  • Unique Aliases / Syscoin Identities – Syscoin Aliases are now unique across the network; a change from Syscoin 2.0 where variable-case aliases were permitted.
  • Alias Portability – Optional passwords attached to aliases provide for portability and restoration options not possible on Syscoin 2.0 including the ability to recover an account simply by using the related Alias password.
  • Marketplace Moderation – Two tiers of marketplace moderation both user-defined via SafeSearch and team-defined via a 3 tier system. The moderation system allows for a more public-friendly marketplace with options for SafeSearch restricted items.
  • Private payments via ZCash – Syscoin users can now leverage ZEC as a direct payment option, which natively includes enhanced privacy.
  • Multiple payment options – Offers can now be paid for in any currency supported by the marketplace and supported by the merchants. Rather than one specific currency, payments can be now be made using all three supported blockchains (SYS, BTC and ZEC).
  • Multi-signature Transaction Support across all Syscoin services – Aliases, Certificates and Offers, now support multi-signature transactions, enabling a whole new class of use cases for Syscoin services.
  • Bitcoin 0.13 Core Update – As outlined in the launch of Syscoin 2.0, the importance of keeping up-to-date with the latest bitcoin technology is essential for Syscoin to thrive; thus, we planned on keeping up to date with the latest Bitcoin core. Keeping up-to-date will be accomplished by upgrading the Syscoin 2.1 update to Bitcoin’s latest core 0.13.99.
  • Escrow Support on External Payments – Escrow was previously only available on offers purchased using Syscoin. With Syscoin 2.1, Escrow will now be available on offers purchased with any currency accepted, SYS, BTC or ZEC.
  • Private Alias Data – Aliases now include a private field which is visible only to the owner of the alias, allowing for private data storage on the blockchain.
  • Default Settings – There is now support for default Alias and default price-peg selection, increasing wallet usability. All service screens now also include the option to view all services the wallet owns or view services by individual Alias.
  • Dynamic Fees – Fee information is now stored in the Alias rates peg allowing for dynamic fees specifically for Syscoin services. This enables different fee structures with different pegs and gives merchants more flexibility in pricing.
  • Shipping Notification System – Optionally allows merchants to notify customers that an item has been shipped.
  • Feedback and Rating System – A 5-star feedback and rating system can now be provided for Merchants, Customers and Arbitrators, ensuring an accurate representation of reputation history for all parties.
  • Easy unlock for encrypted wallets – Easy unlock mechanism for improved usability w/encrypted wallets.
  • Hide Sold Out/Expired Offers – Hide items that have are sold out or expired from wallet listing screens.
  • Search within category – Search within a specific category rather than always searching all categories.
  • Suggested categories – A standardized set of categories across the Syscoin marketplace, or use your own.
  • Offer geolocation – Optionally add geolocation to offers.
  • Inflation reduction - Mining schedule advanced from 6% inflation to 1.5% inflation.
  • General Bug Fixes and Improvements

Syscoin 2.0 Features
  • All features use blockchain technology
  • Decentralized Marketplace
  • Name Aliases for easier addressing
  • Full Affiliate system for reselling, reseller discounts, and more
  • Private selling
  • Encrypted Messaging
  • Digital Certificates on the blockchain which can be directly sold on the Marketplace
  • Decentralized price pegging
  • Third party arbitrated escrow for secure transactions and buying with confidence

We have much more development planned throughout 2016 and beyond as well. Please check out our ROADMAP which we're constantly updating.




Max Coins: 888,000,000
Mining Algorithm: SHA256, Merge-mineable with any SHA256 coin including Bitcoin

Mining Schedule
DurationYearsBlock HeightInterest
120161 - 525,6016%
72017 - 20282,628,006 - 6,832,8131.5%
392029 - 20686,832,814 - 27,856,8530.75%









Syscoin DirectBTC Feature Demo Video (old)


Syscoin v. OpenBazaar
(click for full size)
             
Syscoin Blockchain Features
(click for full size)

Syscoin on Wikipedia

News Archive




Please note: this is a moderated post. Any replies that resort to name calling, unnecessary use of large fonts/color or posting of misinformation will be deleted. Repeat violators will be reported to forum admins.


** This thread is a continuation of a previous, now closed thread. **

Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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May 09, 2016, 02:50:18 PM
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yayy I am the first poster in the new Syscoin ANN. It looks fresh and neat!  Smiley. You guys have come from far, from now on it's all about consolidation and expansion of the project, trying to achieve mainstream status and turn this baby into a billion dollar project  Wink

N E M; no 1 blockchain platform in existence
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May 09, 2016, 02:52:44 PM
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github link wont work Sad

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Findblocks Pool - http://findblocks.com:8080/
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Wild Beast Block!


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May 09, 2016, 02:53:02 PM
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Nice work to date but I still think you guys have a ways to go.  Price of coin is another story though and prob even harder to make that fly.

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May 09, 2016, 02:53:36 PM
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The marketplace needs to be rebranded if you want it to be mass adopted.
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Enterprise, Everywhere


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May 09, 2016, 02:54:30 PM
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Great work Dano and team! Been around Syscoin since the first fork Wink

Look forward to selling many things on the market!

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Syscoin- Changing the way people do business.


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May 09, 2016, 02:58:07 PM
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yayy I am the first poster in the new Syscoin ANN. It looks fresh and neat!  Smiley. You guys have come from far, from now on it's all about consolidation and expansion of the project, trying to achieve mainstream status and turn this baby into a billion dollar project  Wink

Thanks! We only launched 2.0 last weekend we def have a big year ahead of us now that we have the proper foundation in place!

github link wont work Sad

Sorry about that, should be fixed now.

Great work Dano and team! Been around Syscoin since the first fork Wink

Look forward to selling many things on the market!

Appreciate having you and so many other awesome people stick with us through the years! Its awesome to see how many items are already for sale on the marketplace just a week after launch, going to really explode this year as we deliver Blockmarket and plugin experiences while driving at new merchant and ecommerce partners in parallel with development.  Smiley

Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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May 09, 2016, 03:02:23 PM
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If I understand well, the sell offer remains live forever unless the seller puts its down himself, right?
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Business on The Blockchain


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May 09, 2016, 03:03:52 PM
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i am here from the start of sys

well done dano and to all the team!

i wish u the best....

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May 09, 2016, 03:40:07 PM
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syscoin is a very cool product! the prosperity of your team! Wink
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Syscoin PR/community manager


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May 09, 2016, 04:47:48 PM
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If I understand well, the sell offer remains live forever unless the seller puts its down himself, right?

The offer is technically always there, however when the quantity goes to 0 it will no longer be visible publicly (so if you sell out, you can just change the quantity when your stock replenishes). To hide an offer you can either change the quantity to 0 or change it to a private offer.

Syscoin - Business on the Blockchain  https://bitcointalk.org/index.php?topic=757255
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May 09, 2016, 05:11:39 PM
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i have been with sys from the start and exciting about the future of Syscoin and the incoming Blockmarket. keep up the good work and you'll eventually deliver one of the best product of Blockchain.
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May 09, 2016, 05:19:02 PM
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If I understand well, the sell offer remains live forever unless the seller puts its down himself, right?

The offer is technically always there, however when the quantity goes to 0 it will no longer be visible publicly (so if you sell out, you can just change the quantity when your stock replenishes). To hide an offer you can either change the quantity to 0 or change it to a private offer.

Is there a way to browse your market from a browser (without downloading SYS client) ?
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May 09, 2016, 07:18:22 PM
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If I understand well, the sell offer remains live forever unless the seller puts its down himself, right?

The offer is technically always there, however when the quantity goes to 0 it will no longer be visible publicly (so if you sell out, you can just change the quantity when your stock replenishes). To hide an offer you can either change the quantity to 0 or change it to a private offer.

Is there a way to browse your market from a browser (without downloading SYS client) ?

That is exactly what the upcoming Blockmarket is for.
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May 09, 2016, 07:18:56 PM
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The marketplace needs to be rebranded if you want it to be mass adopted.
This is not the final product.  The "Blockmarket" I think should be fully branded and sexy looking.  I'll let the devs confirm the sexiness though... @dano, can you confirm that Blockmarket will be sexy?  Thanks!
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May 09, 2016, 08:16:48 PM
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sorry for the dumb question but wasnt syscoin scrypt before?
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May 09, 2016, 08:36:13 PM
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sorry for the dumb question but wasnt syscoin scrypt before?


Yes. We switched to SHA-256 to be merge-mined with Bitcoin to give us a more solid and scaleable network. It also gave us the ability to offer Bitcoin as a payment option in our decentralized marketplace.
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Syscoin- Changing the way people do business.


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May 09, 2016, 10:20:54 PM
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The marketplace needs to be rebranded if you want it to be mass adopted.
This is not the final product.  The "Blockmarket" I think should be fully branded and sexy looking.  I'll let the devs confirm the sexiness though... @dano, can you confirm that Blockmarket will be sexy?  Thanks!

 Smiley Yes Blockmarket is our first product on top of the Syscoin platform and is a consumer-grade experience for the decentralized marketplace similar to what most web users are accustomed. Blockmarket's first milestone is in June/July timeframe (on roadmap) and will be a version intended to be run on a standalone server, this offering will also be packaged with our Azure deployments allowing 1-click marketplace deployments.

After the first milestone is accomplished we'll move to the second milestone which is a multi-tenant version of Blockmarket. This will support multiple sellers under one roof. The team will have its own version of this deployed for people to use the Syscoin marketplace with no download or install required. We'll probably cap inventory on the version we host (15 items per user or something) with the goal of driving up adoption and steering merchants who want to scale up into larger inventory towards their own Blockmarket deployment on Azure (milestone 1).

Still aren't 100% decided on what our web wallet experience will be. Given the features of Syscoin we'd really want to enable users with the all these features in any web wallet experience we present. Looking into porting Bitcore to Syscoin to allow for fully independent wallet operation in the browser with no download and without user funds sitting on a web server somewhere.

Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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XDE2, PAYS HUNDREDS OF DOLLARS A WEEK TO PROMOTERS


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May 09, 2016, 10:24:37 PM
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Well this is a nice bonus since, I am already mining Bitcoin
Thank you!

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May 09, 2016, 10:57:56 PM
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Eagerly waiting for the BlockMarket Release Smiley

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