Review on Syscoin by Pedro O. Alvino M.
Boosted with the bitcoin network
Syscoin launched in August 2014 and featured a decentralized market built in the blockchain, with a non-graphical user interface. The Syscoin market is the first based on a blockchain.
Retail goods, real estate and energy trade are among those that are aimed at auctioning on the platform. Like its fully decentralized market, Syscoin auctions will be characterized by the lack of fees for intermediaries. Customers will only have to pay network fees to use the service.
Pros
- It has a decentralized exchange
- It allows the creation of safe and low-cost applications.
- Offers high transaction throughput thanks to Z-DAG technology
- Being linked to the e-bitcoin network, your security is guaranteed.
- Distinguished partnerships with recognized global companies.
Cons
- The operation of the platform will depend on how the bitcoin network behaves.
