Wiki / Forks / Syscoin (SYS)

Syscoin (SYS)SYS

From the Bitcoin Takeover Wiki · ✓ 2 sources · 0 podcast anchors · built 2026-11-13

A merge-minable SHA-256 coin with masternodes, ZDAG fast payments and an EVM-compatible NEVM layer.

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The wiki's angle: Syscoin rides on Bitcoin's hashpower through merged mining instead of competing for it, the same route Namecoin opened in 2011.[1][2]

Contents

  1. Design
  2. Chain parameters
  3. References

Design

The Syscoin Core README calls Syscoin “a merge-minable SHA256 coin which provides an array of useful services which leverage the bitcoin protocol and blockchain technology”[1]. It lists masternodes with a 100,000 SYS collateral, ZDAG technology for point-of-sale speeds and an EVM-compatible NEVM layer, and says the coin is “Mineable either exclusively or via merge-mining any SHA256 PoW coin”[1].

Chain parameters

The current chain parameters set an AuxPoW chain ID of 16 for merged mining and a mainnet genesis timestamp of 1559520000, 3 June 2019[2]. That genesis reuses Bitcoin's “The Times 03/Jan/2009” text[2]. The history of Syscoin before this genesis is not yet sourced in this wiki and is marked unknown[2].

References

  1. primarySyscoin Core README, GitHub syscoin/syscoin [archived]
  2. primarySyscoin src/kernel/chainparams.cpp (nAuxpowChainId 16; mainnet genesis 1559520000 = 2019-06-03 UTC) [archived]

Related

Merged mining
Reusing the same proof of work on a parent chain and one or more auxiliary chains, pioneered by Namecoin with
Namecoin
The first fork of Bitcoin's code to run its own network: a naming system for the .bit domain that pioneered me
Dash
Evan Duffield's 2014 code fork of Bitcoin, launched as XCoin, renamed Darkcoin, then Dash; masternodes, X11 an
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