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Author Topic: ⚒ Syscoin -Blockchain Scalability, Trustless Interoperability for ERC20 projects  (Read 501975 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (14 posts by 1+ user deleted.)
Sjacmur
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September 02, 2017, 06:16:01 PM
 #1781

Many holders SYS have more than 100 k coins required for Masternode because total sys coins is high amount.
In dash minimal coins to run is 1000 coins but more coins in node not make any difference so everybody who have more than 1000 coins must split it to small packs and run many nodes.
In SYS how it works ? Everybody who have more than 100k sys must split it to 100k packs and run few-several masternodes to not lose full reward from coins ? I dont like thats idea like in dash to force everybody to split coins for run Masternodes.
Better if each node (with minimal required ofc) can have all coins one owner and if coins more so more generated profit. Its so many SYS coins that 100k coins for one masternode is to low number for 527 000 000 sys coins. Or make number to 500k or 1 000 000 coins.

Sry bad english.
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September 02, 2017, 08:46:53 PM
 #1782



Hear, hear! Excellent work. Fantastic job.

Tweeted to my 4 followers.

Cheers!

https://twitter.com/HR_DGB/status/904072453294624768

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September 02, 2017, 08:49:14 PM
 #1783

Many holders SYS have more than 100 k coins required for Masternode because total sys coins is high amount.
In dash minimal coins to run is 1000 coins but more coins in node not make any difference so everybody who have more than 1000 coins must split it to small packs and run many nodes.
In SYS how it works ? Everybody who have more than 100k sys must split it to 100k packs and run few-several masternodes to not lose full reward from coins ? I dont like thats idea like in dash to force everybody to split coins for run Masternodes.
Better if each node (with minimal required ofc) can have all coins one owner and if coins more so more generated profit. Its so many SYS coins that 100k coins for one masternode is to low number for 527 000 000 sys coins. Or make number to 500k or 1 000 000 coins.

Sry bad english.

These are there to help with securing the Network, processing transactions and other things so if in the case of Sys if you have 1,000,000 in one masternode you are only giving the same benefit to the network as a masternode with 100,000 which isnt the idea. Hope this makes sense and it will be the same for Dash

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September 03, 2017, 04:03:38 AM
Last edit: September 03, 2017, 05:32:43 PM by sidhujag
 #1784

Many holders SYS have more than 100 k coins required for Masternode because total sys coins is high amount.
In dash minimal coins to run is 1000 coins but more coins in node not make any difference so everybody who have more than 1000 coins must split it to small packs and run many nodes.
In SYS how it works ? Everybody who have more than 100k sys must split it to 100k packs and run few-several masternodes to not lose full reward from coins ? I dont like thats idea like in dash to force everybody to split coins for run Masternodes.
Better if each node (with minimal required ofc) can have all coins one owner and if coins more so more generated profit. Its so many SYS coins that 100k coins for one masternode is to low number for 527 000 000 sys coins. Or make number to 500k or 1 000 000 coins.

Sry bad english.
Well with 1m coins only 888 masternodes possible. So we have to weigh options between creating incentives for more masternodes versus convenience of earning and reducing hosting costs. I think perhaos a hybrid idea may work..  give rewards on some kinda of curve that gives more roi for smaller bonds versus convenience of large bond holders. This way creates incentive for smaller bonds yet at same time allowing those who are willing to give up some roi trading off for some  convenience becomes possible.

Good thought this is certainly possible with our v2 masternode design.
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September 03, 2017, 04:44:33 PM
 #1785

The idea is brilliant and seems to be a necessity if the whole platform is to be served properly. $1 is not the limit Wink

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September 03, 2017, 07:48:22 PM
 #1786

https://twitter.com/JohnSyscoin/status/904392028217278464

This is a win win if you can afford it, get your 100k now whilst its cheap and if, when the rewards are declared, its not to your liking sell the 100k as the price will surely be much higher than it is now. And since SYS will have ether virtual machine (EVM) ether contacts can be built on top of SYS at a much lower cost and that gas/sys goes exclusively to Masternode holders

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September 03, 2017, 08:52:02 PM
 #1787

I think that the idea of using SYS for gas to run the ETH contracts deserves a Noble Prize in cryptoeconomy Wink

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September 04, 2017, 03:55:48 AM
 #1788

 SYSCOIN on fire
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September 04, 2017, 04:28:51 AM
 #1789

Nice to see Syscoin hitting $0.25 I thought it will be stuck to $0.20. The updates looks very promising, maybe this is the reason why all of sudden the price soared to $0.25 and looking forward for this to reach at least $0.50 or more. Filled my bag with more of this and planning to hold longer than my other alts. Anyone who bought last week at $0.15 must have been celebrating.
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September 04, 2017, 01:21:43 PM
 #1790

Nice to see Syscoin hitting $0.25 I thought it will be stuck to $0.20. The updates looks very promising, maybe this is the reason why all of sudden the price soared to $0.25 and looking forward for this to reach at least $0.50 or more. Filled my bag with more of this and planning to hold longer than my other alts. Anyone who bought last week at $0.15 must have been celebrating.
You alright , this time is Verry good for buy back again SYS, because me too always hold this SYS For long term.
Maybe many people panic sell on this Time because negatif issue from China.
I don't hear that , I just believe my experience and my skill

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September 04, 2017, 02:43:09 PM
 #1791

Decentralized Identity Foundation
Blockchain Foundry joins the Decentralized Identity Foundation (DIF) with its Syscoin blockchain and Alias service.
One exciting development that was announced at Consensus was the formation of the Decentralized Identity Foundation. Blockchain Foundry is one of the founding members of DIF, along with organizations like Microsoft, Accenture, ConsenSys, Blockstack, Tierion and others. This is a significant milestone for Blockchain Foundry, as we partner with the other members of DIF to create a new open-sourced decentralized identity network and establish a new set of standards to oversee a new way of looking at identity.
We have already developed a blockchain identity service which allows users to log in anywhere within Blockmarket for Web. Through our partnership with Microsoft we discovered that many projects are working toward similar goals, but with a much larger scope. We can now combine our collective expertise and create open standards which will benefit everyone working in the identity space. These standards will be incorporated in our products, with identities being used as top level services to enabling sharing of physical and digital assets securely across different blockchains. This is a significant benefit for us because many of the companies we are working with and wish to work with require proof of identity as a core part of their blockchain implementations. Being part of the team that sets and creates the blockchain identity standards allows us to deliver those requirements better, faster and in a more informed manner than others.
do you see face or fingerprint recognition as part of DIF?
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September 04, 2017, 06:27:33 PM
Last edit: September 05, 2017, 01:45:00 AM by cryptdak
 #1792

if YOU sell now HuhHuhHuhHuhHuhHuh  same time go to doctor (head examined).........guys good time to buy now (before September 12) https://medium.com/@BlockchainFoundry/blockmarket-desktop-release-date-d3a63acda1ed
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September 04, 2017, 11:57:23 PM
 #1793

Big time is coming! If anyone have not made big shopping yet, it's the last song! Wink

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September 05, 2017, 12:12:01 AM
 #1794

Big time is coming! If anyone have not made big shopping yet, it's the last song! Wink

Locked and loaded!

It seems that Syscoin has some incredible plans for the future, so I am trying to debate if/when to sell. Is this a HODL situation? Or are there significant risks/competitors to worry about? I know this will be a winner, it is just a matter of how big of a winner. Thanks for input.

GRR
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September 05, 2017, 10:15:50 AM
 #1795

I fucking went all in on this sucker and bought 150k SYS. I am very bullish on this. Even though everything else on the market drops like a fly with this chinese ICO banning thing, SYSCOIN remains solid and resists the downward trend. Nobody wants to sell this coin for good reasons. I think without the strange market situation, SYSCOIN would have already exploded. Now it is just a matter of time when things become crazy, when people dare to put in their money again. Syscoin looks like a clear winner for me.
cryptme
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September 05, 2017, 11:43:53 AM
 #1796

I fucking went all in on this sucker and bought 150k SYS. I am very bullish on this. Even though everything else on the market drops like a fly with this chinese ICO banning thing, SYSCOIN remains solid and resists the downward trend. Nobody wants to sell this coin for good reasons. I think without the strange market situation, SYSCOIN would have already exploded. Now it is just a matter of time when things become crazy, when people dare to put in their money again. Syscoin looks like a clear winner for me.

150k is more than needed for a masternode. Do you plan starting one?

GRR
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September 05, 2017, 11:47:14 AM
 #1797

I fucking went all in on this sucker and bought 150k SYS. I am very bullish on this. Even though everything else on the market drops like a fly with this chinese ICO banning thing, SYSCOIN remains solid and resists the downward trend. Nobody wants to sell this coin for good reasons. I think without the strange market situation, SYSCOIN would have already exploded. Now it is just a matter of time when things become crazy, when people dare to put in their money again. Syscoin looks like a clear winner for me.

150k is more than needed for a masternode. Do you plan starting one?

I am not sure if I currently have to the time to read myself into the process.
cryptme
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September 05, 2017, 12:03:10 PM
 #1798

I fucking went all in on this sucker and bought 150k SYS. I am very bullish on this. Even though everything else on the market drops like a fly with this chinese ICO banning thing, SYSCOIN remains solid and resists the downward trend. Nobody wants to sell this coin for good reasons. I think without the strange market situation, SYSCOIN would have already exploded. Now it is just a matter of time when things become crazy, when people dare to put in their money again. Syscoin looks like a clear winner for me.

150k is more than needed for a masternode. Do you plan starting one?

I am not sure if I currently have to the time to read myself into the process.

If you'd like, join us at https://syscoin.slack.com

Maymun_lavigne
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September 05, 2017, 12:09:18 PM
Last edit: September 06, 2017, 04:35:42 AM by Maymun_lavigne
 #1799

Uptrend starting now , come back again 5000 Satoshi or more.
long enough I did not see any progress SYS. the last I observe is still the price of 1800 satoshi , but on this day strong in price 4800 Satoshi.
I'm not late to buy SYS , I Will buy now and hold it for long term
HR
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September 05, 2017, 05:00:22 PM
 #1800


I'm tweeting about it. Ready to rocket!

https://twitter.com/HR_DGB/status/905112933822287872


Edit: And I won't even think about taking any profits at all until we see old highs again!

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