"Business on the Blockchain"
version 0.1.3
If you are an exchange or pool operator, join #syspools and identify yourself. We will discuss technical implications of all updates there prior to releasing binaries for everyone. Please register your details on
http://www.syscoin.org/affiliateInnovation at it's best, Syscoin isn't just another crypto currency-
it is also a value-added service and financial infrastructure integrated directly into its blockchain - something like this has never been done before! Syscoin is a crypto-currency and a financial infrastructure all in one!
Syscoin implements a
distributed marketplace integrated directly into the blockchain and more! This provides huge benefits to businesses or individuals looking to secure their data or marketplace in a decentralized manner that can never be "taken down" by having a single point of failure- the network makes this impossible. Now businesses can use Syscoin's incorruptible network to ensure the security of their sensitive data even if their redundancy systems fail - in the blockchain we trust!
Syscoin ensures the health of it's network with the ability to be merge-mined with any other SCRYPT coin. Syscoin provides a variety of useful decentralized, cryptographically-secured services based on Bitcoin's Blockchain technology.
Proof-of-work algorithm: SCRYPT (merge mineable with any SCRYPT coin)
Multipool protection: SysCoin uses KGW to retarget difficulty every block. SysCoin uses extremely small minimum and maximum values as algorithmic inputs, which effectively allows Syscoin's difficulty to re-target much more rapidly and accurately than other cryptocurrencies that use KGW.
Block reward (updated): 128 SysCoin and regenerated network services fees (block reward decays on fixed schedule until rewards fixate at 32 Syscoin until 2bil coin, after which rewards are purely network and service fees).
Total SysCoins: 2,000,000,000 (2.0 billion)
Premine: 18% [ up to 15% Based on Presale (SOLD OUT), 2% Devs (wallets will be publicized for transparency), 1% Bounties and Rewards (wallets publicized for transparency)]
Premine Wallet Address (currently contains dev + bounties; been paying out of bounties): http://sys.coinzone.info/a/SahJ3am7kdService Fees:Fees are an important part of the Syscoin network since they enable the existence of Syscoin and all of it's innovative services.
Syscoin directly recycles transaction fees by regenerating them and redistributing them to network miners. The regeneration of service fees is the key incentive for miners to continue to mine Syscoin once all base coins are mined, and thus enable and guarantee its services into the future.
Reward Schedule: Mining Reward Schedule (Updated 7/23) 
Pools:Exchanges:Games:FAQPlease see faq.syscoin.org (Coming soon!)
Moolah Partnership:For more information about our partnership with Moolah/Moopay, please visit
moolah.io
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** This thread is a continuation of the now closed bitcointalk.org/index.php?topic=587080 thread. **
