Syscoin Platform is an all-in-one Layer-1 and Layer-2 blockchain solution that combines industry-proven technology with cutting-edge applications. The project's purpose is to create a system that will revolutionize blockchain technology by combining the best of Bitcoin and Ethereum.
Masternodes are employed as a global resource pool, a mechanism of decentralized governance, and a source of bonded validators in the Syscoin ecosystem. Decentralization is provided through Syscoin's Masternode design, which may be found on various blockchains.
It will mine in the same way as the world's leading cryptocurrency by adopting the Bitcoin protocol and algorithm. This implies that miners may mine cryptocurrencies using the same algorithm, and Syscoin can also take use of the power of pooled coins.
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