Hello. I'm interested in buying SYS. What makes this a great investment? Is this similar to ethereum? I heard a lot negative things and I don't believe them to be factual. Thanks for your help.
Ethereum is definitely different than SYS- Ethereum is a ground up rewrite of bitcoin aimed at enabling smart contracts (turing complete) that run on the blockchain- a different end goal than SYS. SYS is built on top of the latest bitcoin core and adds blockchain-enabled services, the end result of which is a decentralized business platform with buying/selling goods and services complete with price pegging and reselling, encrypted messaging, escrow, aliases for ease of use, and other complimentary features.
The wallet looks very good indeed. Awesome job Sys team.
I was wondering: will ever the marketplace be accessible via web browsing? I believe this could be a huge simplification for the average user.
Thank you, its been a long time in the works and we want to make it look better but enabling the functionality in-wallet was our first goal. We fully plan on releasing access to the marketplace via
both web and mobile apps. For web we already have this almost complete via a project we call "Blockmarket". We need to update Blockmarket for Syscoin 2.0 but it will be ready soon after launch and it is a standalone web front end that can connect to a single marketplace on the Syscoin network or provide an "umbrella" marketplace that shows listings from multiple markets on the Syscoin network all under the same roof. This project is in
addition to our eBay/Etsy integrations and ecommerce plugins. All of Syscoin 2.0's APIs are public, so while the Syscoin team will be building these things, there is nothing stopping other devs from beating us to it or building integrations for platforms we may not be targeting immediately.
Are you a dev interested in leveraging this opportunity? Check out the testnet Sunday and start seeing what you can do!Hello. I'm interested in buying SYS. What makes this a great investment? Is this similar to ethereum? I heard a lot negative things and I don't believe them to be factual. Thanks for your help.
If I were to be concise and factual: team doxed itself (at a time when anon teams were the norm), has been working for free for a year, continued on even when majority of funds from ICO were stolen (by someone most the community trusted at that point). We had rewards for ICO (keychains, mugs, hats, etc) about 40% of which actually reached their destination. After ICO funds were stolen we had no reasonable way to "make this right" even though we did pursue the lost items via the Royal Mail to no avail (main negative item ppl continue to raise... they want their hats). There were some forking problems when we launched 1.0 in 2014 we fixed <3 days after launch and even refunded 50% of the ICO payment we'd received when these issues came up, sending 250btc back to the escrow provider until we'd resolved these issues (that ended up being a bad decision).
Even in the face of all this we've pushed on. We investigated some alternative technical paths such as an ETH DApp but ultimately determined that route wouldn't provide us with the feature flexibility we wanted/users wanted. On the back of that we completed a series of public betas a few months ago before to deciding to update to the latest bitcoin core for the final release. That is now completed, we also now have a robust suite of unit tests (devs will appreciate this) and we're on the precipice of releasing the final public beta.
One or more of the team is almost always online in our Slack, and we really strive to provide complete and transparent information about where we've been, where we're at, and where we're going. Hope to see you in our Slack, and hope this quick trip down memory lane answers some of your questions
If you've any additional questions I'm happy to answer.
P.S. I am a LISK supporter as well!
Me too!
I'm interested in what synergies could exist between Lisk and SYS as I'm a big NodeJS dev and Lisk is all NodeJS. Nothing concrete to report yet but I am playing with their testnet!
Things continue to move along as planned, we're very excited for what we have to share Sunday and people's feedback once they start playing with it. Please remember this is
beta! If you run into bugs or problems don't stress out- just report to these to the team via Slack or GitHub and we'll prioritize and address as needed. We expect some issues to be found and we're here to fix them if that comes up.
We'll have a complete document on how to go about reporting issues and problems so that the process will be clear from the start. Looking forward to kicking things off and its great to see the community so excited for the final beta!
