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

[danosphere]

Ok yep thanks that answers my question!
But I have a few more now

So basicly it is a good way to easily trade your sys coins to bitcoins?
Lets say you are a shop owner, and you don't want Syscoin.
The Syscoin will automatically sell for bitcoins and the merchant will receive the bitcoins?
And you can also receive bitcoins in your sys wallet?

happy to help

Lets say you are a shop owner, and you don't want Syscoin.
The Syscoin will automatically sell for bitcoins and the merchant will receive the bitcoins?

Let's say you use price pegging- you want to sell an item for 0.5btc. When the item sells you'll receive the amount of SYS equivalent to 0.5btc based on the current market exchange rates. You will receive SYS, it is not auto converted but if you were to convert it immediately on an exchange you should be able to get 0.5btc. Pegging is based on averages across multiple exchanges, insulating the peg from a pump on any on exchange.

And you can also receive bitcoins in your sys wallet?

Let's use the first example again but this time w direct BTC purchasing. You sell an item and want to receive 0.5btc for it. The buyer indicates they want to purchase via their SYS wallet and then send BITCOIN to the address for the Syscoin offer (from their bitcoin wallet, or an exchange). The merchant then checks the bitcoin blockchain to verify payment, and confirms payment receipt via their SYS wallet by clicking a confirmation button. The merchant then imports their SYS2 private key into their bitcoin wallet, and any direct bitcoin payments sent on behalf of their offers will then be available for them to spend/use/transfer. They could also import the key into their bitcoin wallet before payment is sent, so they they will see the payments arrive in realtime in their bitcoin wallet.

We are looking to automate this using sidechains in the future if possible and this would also allow the use of escrow with direct BTC payments (currently escrow is only available for price-pegged or native SYS priced offers). We realize there is some friction created by having to swap between SYS and BTC wallets- we'll be looking to improve the usability there post-launch.

Simply having this functionality opens up SYS markets to a huge userbase that otherwise would possibly be turned off by having to us SYS for everything and would preferred to be insulated from SYS price volatility. The important point for us was enabling this functionality to accept direct BTC payments from SYS2 launch and then make usability improvements as we see fit / as requested by users.

[nickenburg]

Thank you Danosphere for the good explanation
I fully get it now!

I even made a post on my twitter account if you could retweet and like that message it would be really nice!!
Get it out to as many people as possible!!

https://twitter.com/CryptoTradeADay/status/703280263862812672

Thanks!

[danosphere]

Thank you Danosphere for the good explanation
I fully get it now!

I even made a post on my twitter account if you could retweet and like that message it would be really nice!!
Get it out to as many people as possible!!

https://twitter.com/CryptoTradeADay/status/703280263862812672

Thanks!

Happy to clarify liked and RT'd- thanks for spreading the word!

[bitcoinwonders010]

i like this coin but its not better than safe exchange coin, take a look safex.io

[fuze0000]

This seem like the calm before the storm. I am buying before it goes above 1000 satoshi.

[borris123]

This seem like the calm before the storm. I am buying before it goes above 1000 satoshi.

Just a matter of time. Not long either. What you think it be on Sunday?

[johnp]

This seem like the calm before the storm. I am buying before it goes above 1000 satoshi.

Just a matter of time. Not long either. What you think it be on Sunday?

Heading that way now

[fuze0000]

This seem like the calm before the storm. I am buying before it goes above 1000 satoshi.

Just a matter of time. Not long either. What you think it be on Sunday?

This weekend.  Maybe 2000 Sunday night!

[danosphere]

Our Slack group just broke 200 registered users. As promised, we're doin a giveaway!

The Syscoin 200+ Slackers Giveaway

[kevinjulio]

Our Slack group just broke 200 registered users. As promised, we're doin a giveaway!

The Syscoin 200+ Slackers Giveaway

I am often puzzled to claim giveaway through slack . I'm waiting for another giveaway alone .

[ifightformerkel]

Someone set a 65 BTC sell wall at 769 sat on polo.

Thank you for the cheap coins, we will eat them.  

[ifightformerkel]

He is setting and deleting the sell wall, but its only 53 btc big now, because someone bought a little bit from it. 

[vprf]

He is setting and deleting the sell wall, but its only 53 btc big now, because someone bought a little bit from it. 

Ahhh I thought I was the only one who saw and bought that.  It did dip below for a few minutes but the buy side was thin.  Interesting times for syscoin, I hope things will come together and this is just the start of implementation of this coin. The team did a good job answering all my N00b questions on #slack, impressive.

[DaMut]

what happen in sunday night?
why you guys keep saying the price is up?
explain it to me please someone

[WigitGetIt]

what happen in sunday night?
why you guys keep saying the price is up?
explain it to me please someone

http://syscoin.org/syscoin-2-0-alpha-preview/

As we mentioned in our post earlier this week we planned on releasing screenshots of the Syscoin 2.0 “Shade” Alpha Wallet today and as promised, here they are! These images are of the internal alpha that we’re testing prior to the public beta which is planned for release this Sunday, February 28, 2016.

[johnp]

Syscoin Team will be on @BlockTalk Sunday, February 28th at 5pm US/EST.*​ We’ll be talking Syscoin 2.0 and plan on releasing the public beta following the show. Tune in and get ready for beta launch

[peekay6969]

I'm happy that the price is above Aug '14 numbers.
The morons who bitched and screamed back then are now leaving.
Those that will be left are true believers of the coin!  

[danosphere]

I'm happy that the price is above Aug '14 numbers.
The morons who bitched and screamed back then are now leaving.
Those that will be left are true believers of the coin!  

Hell yea! We stuck around, worked on this thing for a year for free even through the dark times and now SYS is finally getting the attention it deserves. I really believe $1mil market cap for the features SYS brings to the table and a fully functional is incredibly low, I think we could grow to a $5-8mil market cap with proper traction and once people realize the full potential of Syscoin 2.0.

Syscoin Team will be on @BlockTalk Sunday, February 28th at 5pm US/EST.*​ We’ll be talking Syscoin 2.0 and plan on releasing the public beta following the show. Tune in and get ready for beta launch

Will be tweeting this shortly as well but shared in Slack already, we're super busy today but set your calendars for tomorrow!

@keyare is sending out giveaway rewards now to those who followed the instructions! There's still time!

and... possible teaser video tonight?   if I have time!

[stereotype]

Hell yea! We stuck around, worked on this thing for a year for free even through the dark times

You and the team did. For that alone, well done, and good for you.

[fuze0000]

Beta launch is coming!