[ANN] Syscoin- FINAL 2.0 LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION*

[xxxgoodgirls]

Hi XXX long time no see.
Basically you install the wallet (1.5.11) locally, synch up.
Go to your exchange (Bittrex? Polo??) go to your wallets page, send coin from that wallet to your local address.

Let me know where you need more detail or hop back into Slack and I can walk you through it.

Hi there, yeah I've been away from the scene for a while and had to sold all my sys.
Now I have bought back them as well, and I am willing to hold because all this looks promising to me.
Thank you for the response, cheers!

ALSO - if you are worried about the switch from sys1 to sys2, most exchanges will be doing that automatically, so if you're not familiar with importing key or wallets its fairly safe to just keep your coins on a recognized exchange like Bittrex or Polo.

Yeah I am familiar with managing with private keys, however do you know when will there be the hardfork? When it is supposed exchange will switch from sys1 to sys2?
edit: if I download the latest wallet, I don't need to import the sys2 private key, do I?

[1714699376]

1714699376

[1714699376]

1714699376

[Keyare]

Read this for latest update: http://syscoin.org/syscoin-2-0-february-2016-outlook/

TLDR: Some super cool news will be dropping with the SYS2 beta. What we've been up to will become really obvious

[Keyare]

We're aiming for the end of the month for Beta testing and if there are no issues then definitely Early March for the fork.  Exchanges will be halting trading on the coin during the switchover and we will be letting everyone know via Slack, Here, Twitter and any other new outlets we can get on.

[xxxgoodgirls]

We're aiming for the end of the month for Beta testing and if there are no issues then definitely Early March for the fork.  Exchanges will be halting trading on the coin during the switchover and we will be letting everyone know via Slack, Here, Twitter and any other new outlets we can get on.

Gotcha, keep it up!

cheers

[teddythea]

Will return to 500 sat

[sebastien1234]

Will return to 500 sat

No one can really say for sure, I believe it will go much, much higher than that, but it's all speculation really.

[RJF19]

Will return to 500 sat

Not very likely...

[RJF19]

Will return to 500 sat

Not very likely...

What's the reasoning behind your negative opinion here? 500 sats is a market cap of ~$830K which doesn't seem very high to me, especially considering the valuations of other projects that are at a much earlier stage.

You can disregard that. Should have said "Very likely."  Should not try to do more than 4 things at the same time while posting... 

[danosphere]

Will return to 500 sat

Not very likely...

What's the reasoning behind your negative opinion here? 500 sats is a market cap of ~$830K which doesn't seem very high to me, especially considering the valuations of other projects that are at a much earlier stage.

You can disregard that. Should have said "Very likely."  Should not try to do more than 4 things at the same time while posting... 

  And with the decreased coin count in SYS2 and some enumeration of how many SYS1 are converted to SYS2 maybe we can get a realistic picture of the SYS economy rather than it being "~400mil coins mined thus far... give or take 50-100million SYS lost by the escrow provider.". You can see on the block explorer/richlist that many of the largest wallets haven't been accessed in over a year, we suspect they never will be accessed due to the failures of our original escrow provider (this is speculation atm, based on presale buyers who reached out to us complaining they were locked and/or never got their private keys from the escrow provider).

---

Been a while since I swung through here but seb/key/sidhujag been keeping ppl updated. Things are looking very positive for SYS, our last team mtg which took place on Monday involved identifying a number of milestones related to getting current services / exchanges / pools ready for the cutover in addition to reaching out to new services and exchanges that we'd like to announce as SYS2.0 moves to mainnet.

As Keyare mentioned things are on track for a final public beta within the next two weeks. Given this we do expect to have Syscoin 2.0 on mainnet sometime in March so long as nothing major (in terms of bugs) is discovered. While the public tries to break the final beta we'll be reaching out to merchants and service providers so there is some initial population of the marketplace, and its not barren on launch 

Even though a lot of people think about a marketplace as a place for purely goods the SYS offer design supports services as well! If you or your friends have services you'd like to offer in exchange for BTC/SYS/USD/etc those services can be offered, advertised, resold (if enabled!) and procured all using the SYS marketplace. Additionally the SYS marketplace gives you escrow options and secure communication using SYS keys (no need for 3rd party encryption, just as secure as PGP without needed to use PGP).

These features- aliases, escrow, price pegging, reselling and encrypted messaging are all things we wanted to have in the initial delivery a year ago but simply didn't have the bandwidth, time, or expertise (at the time). Its been a year now- working on SYS for free and holding our coins as we've worked towards a more complete realization of our original vision. Now that time is nearly at hand.

With so many feature and capabilities I definitely am on the lookout for the public testing revealing issues we may not have caught internally. But, I am very confident any issues found will be minor because in the process of the upgrading the core from 0.8 -> 0.11.2 we actually wrapped many of the service features that SYS adds in unit tests, increasing my confidence in the features and their stability immeasurably and dramatically reducing our regression testing cycles (if you're in software dev, you know!).

Things are lining up and we're plannin on turning on the long-sleeping marketing machine gradually as we ease into this weekend, building momentum from there. This weekend we also plan on releasing additional information about some of the features we've alluded to but not fully disclosed (yet).

If you are a freelancer looking to offer your services, or a merchant looking to leverage/gain additional exposure and sales via the SYS decentralized marketplace, please reach out to us- we want to help you get setup and answer any questions you may have!

And of course of you have questions please ask here, on our reddit, our slack or twitter 

[RJF19]

Will return to 500 sat

Not very likely...

What's the reasoning behind your negative opinion here? 500 sats is a market cap of ~$830K which doesn't seem very high to me, especially considering the valuations of other projects that are at a much earlier stage.

You can disregard that. Should have said "Very likely."  Should not try to do more than 4 things at the same time while posting... 

  And with the decreased coin count in SYS2 and some enumeration of how many SYS1 are converted to SYS2 maybe we can get a realistic picture of the SYS economy rather than it being "~400mil coins mined thus far... give or take 50-100million SYS lost by the escrow provider.". You can see on the block explorer/richlist that many of the largest wallets haven't been accessed in over a year, we suspect they never will be accessed due to the failures of our original escrow provider (this is speculation atm, based on presale buyers who reached out to us complaining they were locked and/or never got their private keys from the escrow provider).

---

Been a while since I swung through here but seb/key/sidhujag been keeping ppl updated. Things are looking very positive for SYS, our last team mtg which took place on Monday involved identifying a number of milestones related to getting current services / exchanges / pools ready for the cutover in addition to reaching out to new services and exchanges that we'd like to announce as SYS2.0 moves to mainnet.

As Keyare mentioned things are on track for a final public beta within the next two weeks. Given this we do expect to have Syscoin 2.0 on mainnet sometime in March so long as nothing major (in terms of bugs) is discovered. While the public tries to break the final beta we'll be reaching out to merchants and service providers so there is some initial population of the marketplace, and its not barren on launch 

Even though a lot of people think about a marketplace as a place for purely goods the SYS offer design supports services as well! If you or your friends have services you'd like to offer in exchange for BTC/SYS/USD/etc those services can be offered, advertised, resold (if enabled!) and procured all using the SYS marketplace. Additionally the SYS marketplace gives you escrow options and secure communication using SYS keys (no need for 3rd party encryption, just as secure as PGP without needed to use PGP).

These features- aliases, escrow, price pegging, reselling and encrypted messaging are all things we wanted to have in the initial delivery a year ago but simply didn't have the bandwidth, time, or expertise (at the time). Its been a year now- working on SYS for free and holding our coins as we've worked towards a more complete realization of our original vision. Now that time is nearly at hand.

With so many feature and capabilities I definitely am on the lookout for the public testing revealing issues we may not have caught internally. But, I am very confident any issues found will be minor because in the process of the upgrading the core from 0.8 -> 0.11.2 we actually wrapped many of the service features that SYS adds in unit tests, increasing my confidence in the features and their stability immeasurably and dramatically reducing our regression testing cycles (if you're in software dev, you know!).

Things are lining up and we're plannin on turning on the long-sleeping marketing machine gradually as we ease into this weekend, building momentum from there. This weekend we also plan on releasing additional information about some of the features we've alluded to but not fully disclosed (yet).

If you are a freelancer looking to offer your services, or a merchant looking to leverage/gain additional exposure and sales via the SYS decentralized marketplace, please reach out to us- we want to help you get setup and answer any questions you may have!

And of course of you have questions please ask here, on our reddit, our slack or twitter 

As I am holder of SYS1, can you enumerate the final method of conversion to SYS2?

[AngryDwarf]

How about some screen shots ?

There is a couple on the main page, syscoin.org

[danosphere]

As I am holder of SYS1, can you enumerate the final method of conversion to SYS2?

Happily! We aimed to make the process as simple as possible, simply export your SYS1 private key, import it into the SYS2 wallet one released, and you'll get the appropriate coins based on your SYS1 balance. If you coins are on exchange, this will happen automatically. There is no expiration date on converting your coins.

Let me know if you have any other questions

[RJF19]

As I am holder of SYS1, can you enumerate the final method of conversion to SYS2?

Happily! We aimed to make the process as simple as possible, simply export your SYS1 private key, import it into the SYS2 wallet one released, and you'll get the appropriate coins based on your SYS1 balance. If you coins are on exchange, this will happen automatically. There is no expiration date on converting your coins.

Let me know if you have any other questions

Excellent! Best conversion strategy I've scene, thanks!

[Keyare]

As I am holder of SYS1, can you enumerate the final method of conversion to SYS2?

There will be three methods:
1: Load your old wallet.dat in the new software, or
2: Import your old keypair into the new wallet, or
3: Send your SYS1 to an exchange well before the fork, send them back after.

***oops just saw that Dan replied lol***

[randywald]

This all sounds very professional.

No one can be left behind. I saw other altcoin projects with a 4 week timeframe for converting the coins and lots of people missed to do it in time. This seems not to be a problem here .

Good luck. A wonderful team - lots of future potential!

[barabbas]

Interesting to see the "big" wall at 298 being taken down. Will there be a follow though? It looks good, if only volume would pick up... but interesting never the less for the first time in a year.

[sidhujag]

Interesting to see the "big" wall at 298 being taken down. Will there be a follow though? It looks good, if only volume would pick up... but interesting never the less for the first time in a year.

Once people get their hands on the wallet and we release walkthroughs i expect it will pick up.

[randywald]

Hi guys,

we could request SYS to be added to another (new) exchange. It is called alcurEX and based in Finland.

https://alcurex.org/index.php/crypto/index

Tell me if you like that. I can manage to do the request soon.

New coin request:
https://alcurex.org/index.php/crypto/newcoin

with kind regards,
randywald

[mishax1]

Just like I said a week ago... anyone cares to move a few coins to Poloniex ? The volume is too small..

[asnghost]

Yeah poloniex supply is quite low compared to bittrex

sys price is moving upwards

https://www.worldcoinindex.com/coin/syscoin