Is Syscoin a game changer?

[HjalmarX]

I was looking at the upcoming IPO's and this looks interesting.

Once Syscoin is launched, now that will be a game-changer!

First Bitcoin takes on the banks

Then Syscoin takes on wall-street!

https://bitcointalk.org/index.php?topic=587080.0

Business on the Blockchain. Buy and sell anything with Syscoin's distributed marketplace integrated into the blockchain. This isn't a cryptocurrency PLUS a marketplace. It's a marketplace built into a cryptocurrency. The Syscoin network enables the creation of marketplaces of any kind, ranging from small community trading platforms to large corporate marketplaces like eBay to fully encrypted hidden marketplaces. This does not limit itself to marketplaces that accept only Syscoin. Syscoin's blockchain innovations are merely an infrastructure upon which marketplaces can be built.
 
Brokerage on the Blockchain. Exchange discrete data directly on the Blockchain. Documents like deeds, wills, trusts, stocks, bonds and contracts can now be created, mutually agreed upon, and transferred without the necessity of a third-party to authenticate the transaction; the Syscoin network itself acts as the third party, guaranteeing cryptographically-verifiable authenticity. Syscoin provides a foundation for the creation of provably fair arbitration systems which cannot be corrupted.
 
Certificates on the Blockchain. Using the cryptography of the Blockchain; Issue, authorize, and exchange digital certificates. With Syscoin, anyone can register as a certificate issuer and issue provably-unique certificates which can be authenticated by anyone using Syscoin's cryptographic proof of work. This allows for the creation and free exchange of a any kind of digital asset such as stocks, bonds, ownership certificates, warranties, receipts, tickets, certifications, diplomas, software licenses.

Miners Matter! By being universally merge-mineable with all Scrypt coins, Syscoin is prepared for the coming Scrypt ASIC boom. By simultaneously distributing coins to anyone mining any other Scrypt coin, it ensures that both democratic coin distribution and strong network health are achieved shortly after Syscoin's genesis.

I dont think this has ever been done before. Truly groundbreaking IPO?

[HjalmarX]

Do you not realize how ground breaking this is? Where are the replies?

[Glizlack]

I guess I don't. Please tell us more? How about this why would a business WANT to do that? That might be key. Also whats the plan to get all the older owners to try out something they have never seen before? Don't get me wrong you have my attention but if you’re going to hype it up some info would be nice.

Steve

[HjalmarX]

I guess I don't. Please tell us more? How about this why would a business WANT to do that? That might be key. Also whats the plan to get all the older owners to try out something they have never seen before? Don't get me wrong you have my attention but if you’re going to hype it up some info would be nice.

Steve

Yes thanks for the question- the marketplace facilitates the raw process of posting inventory, making it available for sale, and facilitating the purchase process via the blockchain (not just transactions here). This is the foundation of any marketplace- it will be up the community and those building their stores upon the Syscoin blockchain to add whatever additional pieces of information they want associated with the items they're selling (such as ratings, pictures, videos, etc). We may explore allowing the attachment of pictures directly to marketplace offers but that is not currently implemented and can be accomplished via other Syscoin services as illustrated below.

Here is a comparison of how a "normal" marketplace website would work vs. one running off the Syscoin services.

"Standard" Marketplace:
- Database/Datastore contains all user account data, offer data, pictures, ratings, transaction history, videos, etc
- Website front end displays the data stored in the database in a user-friendly way

In this implementation if the Database goes down, the entire site goes down. Furthermore if the database is hacked or corrupted, the entire site is lost!

Syscoin powered Marketplace:
- Syscoin blockchain contains all offer data, and transaction history
- Database/Datastore contains all user account data, pictures, ratings, videos, etc associated with a specific Syscoin offerId
- Website front end displays the data stored in the blockchain + database in a user-friendly way

In this implementation, if the Database goes down only the pictures and videos are inaccessible or lost, the transaction history and all inventory, etc persist unaffected.

...and Syscoin's features compliment each other, want to make the user accounts, images and video data more secure? Store it on the blockchain as well using the datastore service [data alias]...

Syscoin powered Marketplace (extended service use):
- Syscoin blockchain contains all offer data [offers], and transaction history [transactions]
- Syscoin blockchain contains all user account data, pictures, ratings, videos, associated with a specific Syscoin offerId [data alias]
- Website front end displays the data stored in the blockchain in a user-friendly way

In this implementation there is no middleman database layer at all. The entire process is facilitated by Syscoin services. The only weakness here would be the front end (web server) going down. Even if it went down all of the offers, transactions, pictures, and relational data would be maintained on the blockchain. The data alias entries in this case would need to some relational data in order to remove the database layer entirely but that's pretty simple.

We will do out best to get materials together to help explain how to leverage all Syscoin's features in these types of ways. There are many, many ways to combine the services Syscoin offers to achieve different goals  Wink We are working on having our own Fiverr like store running on the Syscoin blockchain at or shortly after launch as an example, we're already working on it.

[cwb27]

Total SysCoins: 2,000,000,000 (2.0 billion)

Premine: 8% [5% Presale, 2% Devs, 1% Bounties and Rewards]

Let this coin die... they still don't get it that 1 % is max

and even 2 billion coins so they get more of the premine in the first place !

Stay away from this crap coin.

u dont understand. they taking scrypt, combining namecoin, then adding on that. that deserves a premine. they improving it

[illodin]

I guess I don't. Please tell us more? How about this why would a business WANT to do that? That might be key. Also whats the plan to get all the older owners to try out something they have never seen before? Don't get me wrong you have my attention but if you’re going to hype it up some info would be nice.

Steve

Yes thanks for the question- the marketplace facilitates the raw process of posting inventory, making it available for sale, and facilitating the purchase process via the blockchain (not just transactions here). This is the foundation of any marketplace- it will be up the community and those building their stores upon the Syscoin blockchain to add whatever additional pieces of information they want associated with the items they're selling (such as ratings, pictures, videos, etc). We may explore allowing the attachment of pictures directly to marketplace offers but that is not currently implemented and can be accomplished via other Syscoin services as illustrated below.

Here is a comparison of how a "normal" marketplace website would work vs. one running off the Syscoin services.

"Standard" Marketplace:
- Database/Datastore contains all user account data, offer data, pictures, ratings, transaction history, videos, etc
- Website front end displays the data stored in the database in a user-friendly way

In this implementation if the Database goes down, the entire site goes down. Furthermore if the database is hacked or corrupted, the entire site is lost!

Syscoin powered Marketplace:
- Syscoin blockchain contains all offer data, and transaction history
- Database/Datastore contains all user account data, pictures, ratings, videos, etc associated with a specific Syscoin offerId
- Website front end displays the data stored in the blockchain + database in a user-friendly way

In this implementation, if the Database goes down only the pictures and videos are inaccessible or lost, the transaction history and all inventory, etc persist unaffected.

...and Syscoin's features compliment each other, want to make the user accounts, images and video data more secure? Store it on the blockchain as well using the datastore service [data alias]...

Syscoin powered Marketplace (extended service use):
- Syscoin blockchain contains all offer data [offers], and transaction history [transactions]
- Syscoin blockchain contains all user account data, pictures, ratings, videos, associated with a specific Syscoin offerId [data alias]
- Website front end displays the data stored in the blockchain in a user-friendly way

In this implementation there is no middleman database layer at all. The entire process is facilitated by Syscoin services. The only weakness here would be the front end (web server) going down. Even if it went down all of the offers, transactions, pictures, and relational data would be maintained on the blockchain. The data alias entries in this case would need to some relational data in order to remove the database layer entirely but that's pretty simple.

We will do out best to get materials together to help explain how to leverage all Syscoin's features in these types of ways. There are many, many ways to combine the services Syscoin offers to achieve different goals  Wink We are working on having our own Fiverr like store running on the Syscoin blockchain at or shortly after launch as an example, we're already working on it.

Yes, but why would a business WANT to do that? And who's gonna store that multi-terabyte blockchain containing all that crap?

[coinmaster222]

The data storage is nothing new though. It was possible even with the old bitcoin before people created tools to use it more efficiently. Other coins were made with build in tools to take advantage of that easier before syscoin.

[cwb27]

pls post here

https://bitcointalk.org/index.php?topic=587080.0

[cwb27]

I guess I don't. Please tell us more? How about this why would a business WANT to do that? That might be key. Also whats the plan to get all the older owners to try out something they have never seen before? Don't get me wrong you have my attention but if you’re going to hype it up some info would be nice.

Steve

Yes thanks for the question- the marketplace facilitates the raw process of posting inventory, making it available for sale, and facilitating the purchase process via the blockchain (not just transactions here). This is the foundation of any marketplace- it will be up the community and those building their stores upon the Syscoin blockchain to add whatever additional pieces of information they want associated with the items they're selling (such as ratings, pictures, videos, etc). We may explore allowing the attachment of pictures directly to marketplace offers but that is not currently implemented and can be accomplished via other Syscoin services as illustrated below.

Here is a comparison of how a "normal" marketplace website would work vs. one running off the Syscoin services.

"Standard" Marketplace:
- Database/Datastore contains all user account data, offer data, pictures, ratings, transaction history, videos, etc
- Website front end displays the data stored in the database in a user-friendly way

In this implementation if the Database goes down, the entire site goes down. Furthermore if the database is hacked or corrupted, the entire site is lost!

Syscoin powered Marketplace:
- Syscoin blockchain contains all offer data, and transaction history
- Database/Datastore contains all user account data, pictures, ratings, videos, etc associated with a specific Syscoin offerId
- Website front end displays the data stored in the blockchain + database in a user-friendly way

In this implementation, if the Database goes down only the pictures and videos are inaccessible or lost, the transaction history and all inventory, etc persist unaffected.

...and Syscoin's features compliment each other, want to make the user accounts, images and video data more secure? Store it on the blockchain as well using the datastore service [data alias]...

Syscoin powered Marketplace (extended service use):
- Syscoin blockchain contains all offer data [offers], and transaction history [transactions]
- Syscoin blockchain contains all user account data, pictures, ratings, videos, associated with a specific Syscoin offerId [data alias]
- Website front end displays the data stored in the blockchain in a user-friendly way

In this implementation there is no middleman database layer at all. The entire process is facilitated by Syscoin services. The only weakness here would be the front end (web server) going down. Even if it went down all of the offers, transactions, pictures, and relational data would be maintained on the blockchain. The data alias entries in this case would need to some relational data in order to remove the database layer entirely but that's pretty simple.

We will do out best to get materials together to help explain how to leverage all Syscoin's features in these types of ways. There are many, many ways to combine the services Syscoin offers to achieve different goals  Wink We are working on having our own Fiverr like store running on the Syscoin blockchain at or shortly after launch as an example, we're already working on it.

Yes, but why would a business WANT to do that? And who's gonna store that multi-terabyte blockchain containing all that crap?

most business will like to do this. syscoin to the moon, amazon.com will be next

looks like < 0.03 per coin ipo....so cheap, get it while it hot. 160,000,000 million coin at less than 0.03

[HjalmarX]

The data storage is nothing new though. It was possible even with the old bitcoin before people created tools to use it more efficiently. Other coins were made with build in tools to take advantage of that easier before syscoin.

Which coins?

[cwb27]

Rough estimate but mayb 1.6 million (2461 btc) to 3.2 million (5000 btc) ipo. real huge business and real innovation unlike other crap coin.

come join huge ipo and give devs your money.

[Korean]

I guess I don't. Please tell us more? How about this why would a business WANT to do that? That might be key. Also whats the plan to get all the older owners to try out something they have never seen before? Don't get me wrong you have my attention but if you’re going to hype it up some info would be nice.

Steve

Yes thanks for the question- the marketplace facilitates the raw process of posting inventory, making it available for sale, and facilitating the purchase process via the blockchain (not just transactions here). This is the foundation of any marketplace- it will be up the community and those building their stores upon the Syscoin blockchain to add whatever additional pieces of information they want associated with the items they're selling (such as ratings, pictures, videos, etc). We may explore allowing the attachment of pictures directly to marketplace offers but that is not currently implemented and can be accomplished via other Syscoin services as illustrated below.

Here is a comparison of how a "normal" marketplace website would work vs. one running off the Syscoin services.

"Standard" Marketplace:
- Database/Datastore contains all user account data, offer data, pictures, ratings, transaction history, videos, etc
- Website front end displays the data stored in the database in a user-friendly way

In this implementation if the Database goes down, the entire site goes down. Furthermore if the database is hacked or corrupted, the entire site is lost!

Syscoin powered Marketplace:
- Syscoin blockchain contains all offer data, and transaction history
- Database/Datastore contains all user account data, pictures, ratings, videos, etc associated with a specific Syscoin offerId
- Website front end displays the data stored in the blockchain + database in a user-friendly way

In this implementation, if the Database goes down only the pictures and videos are inaccessible or lost, the transaction history and all inventory, etc persist unaffected.

...and Syscoin's features compliment each other, want to make the user accounts, images and video data more secure? Store it on the blockchain as well using the datastore service [data alias]...

Syscoin powered Marketplace (extended service use):
- Syscoin blockchain contains all offer data [offers], and transaction history [transactions]
- Syscoin blockchain contains all user account data, pictures, ratings, videos, associated with a specific Syscoin offerId [data alias]
- Website front end displays the data stored in the blockchain in a user-friendly way

In this implementation there is no middleman database layer at all. The entire process is facilitated by Syscoin services. The only weakness here would be the front end (web server) going down. Even if it went down all of the offers, transactions, pictures, and relational data would be maintained on the blockchain. The data alias entries in this case would need to some relational data in order to remove the database layer entirely but that's pretty simple.

We will do out best to get materials together to help explain how to leverage all Syscoin's features in these types of ways. There are many, many ways to combine the services Syscoin offers to achieve different goals  Wink We are working on having our own Fiverr like store running on the Syscoin blockchain at or shortly after launch as an example, we're already working on it.

Yes, but why would a business WANT to do that? And who's gonna store that multi-terabyte blockchain containing all that crap?

I think there's potential but you are right, it seems that the coin must be marketed towards potential business owners, sellers. There has to be incentive and user base of potential buyers. Etsy is doing well because they have targeted traffic that like the products that Etsy stands for. Who is the market for Syscoin related services?

[cwb27]

I guess I don't. Please tell us more? How about this why would a business WANT to do that? That might be key. Also whats the plan to get all the older owners to try out something they have never seen before? Don't get me wrong you have my attention but if you’re going to hype it up some info would be nice.

Steve

Yes thanks for the question- the marketplace facilitates the raw process of posting inventory, making it available for sale, and facilitating the purchase process via the blockchain (not just transactions here). This is the foundation of any marketplace- it will be up the community and those building their stores upon the Syscoin blockchain to add whatever additional pieces of information they want associated with the items they're selling (such as ratings, pictures, videos, etc). We may explore allowing the attachment of pictures directly to marketplace offers but that is not currently implemented and can be accomplished via other Syscoin services as illustrated below.

Here is a comparison of how a "normal" marketplace website would work vs. one running off the Syscoin services.

"Standard" Marketplace:
- Database/Datastore contains all user account data, offer data, pictures, ratings, transaction history, videos, etc
- Website front end displays the data stored in the database in a user-friendly way

In this implementation if the Database goes down, the entire site goes down. Furthermore if the database is hacked or corrupted, the entire site is lost!

Syscoin powered Marketplace:
- Syscoin blockchain contains all offer data, and transaction history
- Database/Datastore contains all user account data, pictures, ratings, videos, etc associated with a specific Syscoin offerId
- Website front end displays the data stored in the blockchain + database in a user-friendly way

In this implementation, if the Database goes down only the pictures and videos are inaccessible or lost, the transaction history and all inventory, etc persist unaffected.

...and Syscoin's features compliment each other, want to make the user accounts, images and video data more secure? Store it on the blockchain as well using the datastore service [data alias]...

Syscoin powered Marketplace (extended service use):
- Syscoin blockchain contains all offer data [offers], and transaction history [transactions]
- Syscoin blockchain contains all user account data, pictures, ratings, videos, associated with a specific Syscoin offerId [data alias]
- Website front end displays the data stored in the blockchain in a user-friendly way

In this implementation there is no middleman database layer at all. The entire process is facilitated by Syscoin services. The only weakness here would be the front end (web server) going down. Even if it went down all of the offers, transactions, pictures, and relational data would be maintained on the blockchain. The data alias entries in this case would need to some relational data in order to remove the database layer entirely but that's pretty simple.

We will do out best to get materials together to help explain how to leverage all Syscoin's features in these types of ways. There are many, many ways to combine the services Syscoin offers to achieve different goals  Wink We are working on having our own Fiverr like store running on the Syscoin blockchain at or shortly after launch as an example, we're already working on it.

Yes, but why would a business WANT to do that? And who's gonna store that multi-terabyte blockchain containing all that crap?

I think there's potential but you are right, it seems that the coin must be marketed towards potential business owners, sellers. There has to be incentive and user base of potential buyers. Etsy is doing well because they have targeted traffic that like the products that Etsy stands for. Who is the market for Syscoin related services?

they will create sample market for ppl to see, the dev very good and got this

[HjalmarX]

Does anyone else have problem with premine?

[illodin]

Yes, but why would a business WANT to do that? And who's gonna store that multi-terabyte blockchain containing all that crap?

most business will like to do this. syscoin to the moon, amazon.com will be next

looks like < 0.03 per coin ipo....so cheap, get it while it hot. 160,000,000 million coin at less than 0.03

[Golph]

I dont see why syscoin is a game changer...

[cwb27]

I dont see why syscoin is a game changer...

blockchain market place is no big to u? they will take on wall street and banks

[cwb27]

I dont see why syscoin is a game changer...

try reading

[DubFX]

8% premine? yep this is totally groundbreaking...failure.

[Starscream]

I dont see why syscoin is a game changer...

blockchain market place is no big to u? they will take on wall street and banks

LOL.

Yeah, okai.