SysCoin is a new kind of cryptocurrency that allows both low-cost transactions like Bitcoin and as a medium for business trading.
Goods, assets, digital certificates, and data can be traded securely through SysCoin.
Some of the features highlighted on the SysCoin website includes :-
1. Buy/Selling goods on the blockchain
2. Brokerage on the blockchain
3. Issue and trade certificates on the blockchain
4. Merged Mining
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)