Syscoin: Masternodes coming early November... Good buy now!

[HappyDevil]

I think if you want to invest in syscoin then now is a very good time. Because syscoin is still running Masternode until the end of the month and current syscoin is deeply discounted due to the impact of bitcoin is increasing very strong.

[sexycoin69]

Just wait until they have the web version i.e.: their eBay. That's when things will really start rolling

[Briian007]

Wow news on masternode have make SYS's price moving much. I did not think the price will x2 but it just happen. Thanks for this thread !

[CoinratZ]

https://twitter.com/ballisticarts/status/940347846166843394

Seems like rebranding is on schedule.. watch out for this puppy! Get in quick before the boom. Next three months are gonna be crazy

[johnp]

Syscoin Auth Lib and Instant Asset Transfers

Syscoin Authentication Library

We are working on a brand new innovation that allows us to authenticate to a database leveraging our zero-knowledge authentication to Blockmarket. This will allow us to leverage off-chain cloud solutions to store data but validate and verify just like a blockchain does. We will extend this service to all Syscoin services that need extended information above and beyond the small kilobyte limits imposed on the fields for on-chain data. Stay tuned!

Instant Asset Transfers

Instant asset transfers are taking advantage of instant transactions and marrying them with Syscoin service requests to produce record-breaking speeds of transfers among all service transactions. One we will focus on is assets as being able to transfer assets (tokens) across the network instantly is a big competitive advantage over other asset implementations including ERC20 tokens on Ethereum. Currently our network will be able to support 750 settlement of transactions per second (assuming roughly 230 bytes per transaction) which is already world-class in terms of settlement speed. However Instant Transactions can increase this exponentially by allowing merchants and consumers to rely on the fact that inputs are locked by the Masternode guardians of the network. This allows for instant confirmation of transfers and corresponding business logic that ensues the transfer can act immediately upon the transfer rather than waiting for settlement on blockchain. With Instant Transactions we have estimated that Transactions Per Second will range between 100k TPS and 300k TPS depending the number of Masternodes, we have estimated somewhere in the range of 1000 to 3000 Masternodes which correspond to the TPS numbers above respectively, scaling up over a few years. The more masternodes there are on the network, the higher the potential TPS rate. Onboarding of over 3000 Masternodes creates a network capable of exceeding 300,000 TPS.

As we continue to develop our Asset specification we are also working with partners currently under NDA to issue large-scale commercialized business models which will be tokenized and issued via ICOs on our blockchain (possibly and most likely through our marketplace). Because we are leveraging Alias Identities to work with Assets they are instantly usable across all other services such as the marketplace. You will be able to sell goods and services through offers on the marketplace and even accept assets as a valid form of payment, which can be transferred to escrow just like how coins can be held in escrow. This allows for a powerful network affect for issuers and users of assets to leverage all existing services and network affects in the Syscoin to their benefit which in turn will help grow the entire ecosystem as a result.

We are evolving our specification to meet the needs of these partners and work towards a finalized goal of something that fits the business needs of industry professionals. It is always better to work with stakeholders to define requirements and develop accordingly rather than force stakeholders to conform to the system that was engineered and thought out by software developers since business requirements are sometimes not captured and thus developers may produce a less-than-ideal deliverable which may hinder adoption. In the blockchain industry it is hard to determine who stakeholders are but because we have a corporate layer on top of Syscoin with Blockchain Foundry, we feel we are in a better position to find and coordinate with professionals who will partner with us to develop solutions that fits their, and most likely others, needs.

In the next few days we will finalize our specification and begin coding Assets. In the meanwhile our Masternode testnet 3 is running smooth and we are preparing testnet 4 to test out Instant Asset Transfers which is another innovation built on top of the Masternode framework by the Syscoin developers. To recap some of the value added features added by our developers on top of Dashpay’s masternode framework are as follows:

1. Split fees of all transactions including Syscoin service transactions, Instant Sends, mixing transactions between miners and masternodes.

2. Seniority system act as bonds to incentivize owners of Syscoin to hold onto their coins as they recieve more rewards should they wish to run as a Masternode the longer they bond their coins. Up to 27% increased ROI can be expected for the Masternode service providers with the highest seniority.

3. Instant Asset Transfers allows assets to be sent across the network within seconds, providing a point-of-sale type of environment for Syscoin services as well as standard coin transfers.

https://medium.com/@BlockchainFoundry/syscoin-auth-lib-and-instant-asset-transfers-2e2836d6ebd2

https://twitter.com/syscoin/status/940697079638355968

[cappieman007]

it seems to me that the coin is now very undervalued. and needs to be growth on it

[johnp]

NEW! Syscoin decentralized mixing service is functional. Combining anonymous transactions to create anonymous marketplaces. To be released Q1-2018 with Syscoin 2.2

https://twitter.com/syscoin/status/941010562003226627

[lokkom]

Wow syscoin developers are very active this month! looks like more and more news is coming this month and next month!

[lokkom]

https://hacked.com/trade-recommendation-syscoin-3/

[friends1980]

This SYScoin really could be a bomb... I don't understand how its price can still be so low. Great news keeps coming, check their Twitter account, it just doesn't stop anymore!!

[Webark]

just wondering if you would advise to buy some Syscoins at $0.55 or perhaps hold on for a potential dip. Price has been rising over time so hopefully safe to say it should keep going in that direction..

Have had my eye on it for a while however being new to the market with all the different coins and opportunities going by each moment wondering if its worth getting involved with. A quick look over their site looks good however need time to look into the details and was hoping for some information to help me decide to invest or now..

with all the updated due early next year it sounds like a good time to get in...

I'm very new to digital currency and was wondering if you knew of any other coins under $0.50 with great potential and worth investing in at the moment..

thanks in advance. Best Wishes.

[Solrider13]

I just bought back in at 55c, I've been in this coin in the past and it is pretty stable with slow but steady growth. It's ready for a breakout IMO.

[johnp]

Come and join the testing. Dont just watch the price, help it.

https://twitter.com/JohnSyscoin/status/942852331472850944

[johnp]

FUNDED

https://medium.com/@BlockchainFoundry/blockchain-foundry-announces-3-3-million-financing-57d283c2d1c

And Stock Exchange listing Q1 2018

[johnp]

TORONTO, Dec. 21, 2017 /CNW/ - Blockchain Foundry Inc. ("Blockchain Foundry" or the "Company") is pleased to announce that it has closed the first tranche of a non-brokered private placement of 12,222,222 common shares at a price of $0.27 per share for gross proceeds of $3,300,000.

Blockchain Foundry was established in 2016 with the goal of developing and commercializing blockchain-based solutions built on the Syscoin blockchain infrastructure platform, which the management team of the Company developed in 2014. 

The Company intends to use the net proceeds from the private placement to scale up its software development team, hire additional business development staff, and accelerate the development of its proprietary software products built using Syscoin's technology stack. In addition, Blockchain Foundry intends to pursue going public in Q1 2018, subject to meeting the applicable listing requirements of a Canadian stock exchange.

"We are at an exciting time in the evolution of our company," said Dan Wasyluk, President and CEO of Blockchain Foundry. "This financing round lets us accelerate our development timetable and pipeline and gives us the resources to build Blockchain Foundry into a leading provider of innovative blockchain products and services."

Commenting further, Mr. Wasyluk said, "There is currently tremendous interest in the blockchain space and Blockchain Foundry is well positioned to lead the charge towards building a blockchain-based economy. Our team has a proven track record and has successfully operated a leading blockchain protocol for several years. We look forward to working with our investors, clients and partners to continue growing the business in 2018 and beyond."   

About Syscoin

Syscoin is a blockchain protocol that provides businesses and individuals the ability to trade goods, assets, digital certificates and data securely. The Syscoin token trades under the symbol "SYS" on leading digital asset exchanges including Bittrex (bittrex.com), Poloniex (poloniex.com) and Changelly (changelly.com). For more information please visit syscoin.org.

About Blockchain Foundry

Blockchain Foundry is a blockchain-technology development company. The Company designs and develops commercial blockchain-based solutions for businesses and individual consumers. Blockchain Foundry's management team developed the Syscoin protocol in 2014. To learn more about Blockchain Foundry please visit blockchainfoundry.co.

SOURCE Blockchain Foundry Inc.


For further information: Press Contacts: English/French Media Contact: Sebastien DiMichele, sdimichele@blockchainfoundry.co; Chinese Media Contact: Willy Ko, wko@blockchainfoundry.co

https://youtu.be/30YRt5Lle50

[Webark]

Hi

Have had an eye on Syscoin and have been in the process of gathering some money to invest. Over the past few weeks have watched it at 0.50 to now at 0.80

Would you consider the price for a coin to be high now and maybe the best time to buy is to wait for a dip? also is it safe to assume we can expect the price to to reach $7 by q4 2018 or q1 2019.. if their new platforms are released as mentioned..

Would really appreciate the advice. Have limited funds otherwise wouldn't think twice about making a purchase at the current price for Long term..

thanks

[YinShuiSiYuan]

Hi

Have had an eye on Syscoin and have been in the process of gathering some money to invest. Over the past few weeks have watched it at 0.50 to now at 0.80

Would you consider the price for a coin to be high now and maybe the best time to buy is to wait for a dip? also is it safe to assume we can expect the price to to reach $7 by q4 2018 or q1 2019.. if their new platforms are released as mentioned..

Would really appreciate the advice. Have limited funds otherwise wouldn't think twice about making a purchase at the current price for Long term..

thanks

If you read a bit more in this thread you will understand that now is runing masternodes testnet. In Februrary it should run in mainnet.
I don't think the price will jump to $7 but everyone expects growth. For me, an increase of up to $2 maybe even $3 will make me very happy

[disconnectme]

Is the Masternode set on now, I want to know the amount of tokens one need to set one up or is there a place to get full details about the whole masternode setup

[Webark]

Think $3 looks achievable

considering the development process is still going on and price hovers at 0.50, only makes sense for things to gain momentum soon. From looking at the price movement closely as well market cap etc the movement might not be as fast as other coins however should gradually increase over time once all is in place right..

[sexycoin69]

When blockmarket web hits...whenever that is huge gains will be coming for sure. And ofcourse masternodes will pump the price.