4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Exciting times for Syscoin

https://i1.wp.com/lifeofcrypto.nl/wp-content/uploads/2017/12/Syscoin1.jpg?w=700

Thru a Twitter message on Wednesday, December 5th, Syscoin announced that there is an update on the Masternodes. The company that wants to be the first decentralized marketplace has a number of exciting months ahead.

 
https://twitter.com/syscoin/status/938487237884424192

Syscoin plans

Syscoin provides a detailed explanation of what their plans are and how they intend to reward miners and Masternode holders. After Testnet 3, a number of interesting new features have now been released.

  • Miners and Masternodes share the transaction fees 50/50.
  • A platform has been created to let the decentralized network of Masternodes vote.
  • A system has been set up in which, in Masternodes, the longer they are part of the
    network, the higher the return-on-investment.
     

The "masternode seniority" is structured as below.

https://i0.wp.com/lifeofcrypto.nl/wp-content/uploads/2017/12/Syscoin.png?resize=699%2C544

On December 31, rebranding is also expected from Syscoin. The past has shown that this often has major consequences for the price of a token. We will continue to monitor this as more releases are scheduled for January and February. Especially the mainnet launch in February will be a crucial point for this initiative to succeed.

1 upvotes $0.00

Replies (0)

Conversation

No replies yet

Replies will appear here as people join the conversation.

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: