Syscoin Description
A community focused on open-source development is dedicated to enhancing Bitcoin's scalability, particularly its proof-of-work security, to accommodate global demands and new applications, while striving to remain true to Bitcoin's foundational principles. With a decade of advancements since its mainnet launch, Syscoin has positioned itself as a leader in offering a robust network and protocol tailored for projects seeking to implement Bitcoin L2 solutions. As a Bitcoin L2 operating on the mainnet, Syscoin introduces a data availability protocol that enables the realization of EVM and AltVM rollups on the Bitcoin blockchain. By being merge-mined by a significant portion of Bitcoin's hash rate, Syscoin effectively anchors these rollups to the integrity of Bitcoin's proof-of-work mechanism, seamlessly integrating with the existing sequencer architectures of these rollups. Additionally, Syscoin delivers a scalable data availability layer for Bitcoin, essential for rollups and other EVM or AltVM layers, allowing them to connect to Bitcoin’s network securely and efficiently. This innovative approach not only enhances Bitcoin’s utility but also strengthens its position in the evolving cryptocurrency landscape.
Syscoin Alternatives
Coinbase
Coinbase stands out as the simplest platform for purchasing, trading, and overseeing your cryptocurrency investments. As a welcoming incentive, you can kick off your crypto journey with a bonus of $20 in Bitcoin upon your first $20 transaction, subject to certain conditions. Learn about the intricacies of various cryptocurrencies while sampling a selection of them yourself. With diverse functionalities, Coinbase proves to be an ideal starting point for anyone looking to engage in trading. Effortlessly buy and sell widely recognized digital currencies and monitor them within a single interface. You can also adopt a gradual investment approach by scheduling purchases on a daily, weekly, or monthly basis. For enhanced security, you have the option to keep your assets in a vault that features time-delayed withdrawals. Stay updated with market trends using the Coinbase mobile application, available for both Android and iOS devices. Most digital assets are secured in offline storage, ensuring their safety. Additionally, cryptocurrency held on our servers benefits from comprehensive insurance coverage. Coinbase caters to a wide array of popular digital currencies, making it a versatile choice for all types of investors.
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Zengo Wallet
Zengo is the only self-custodial wallet with no seed phrase vulnerability.
Why is Zengo trusted by over 1,000,000 customers?
Because no Zengo wallets have even been taken over or hacked.
Safe and secure crypto wallet:
Never worry about losing your seed phrase again.
With Zengo’s advanced cryptography, there is no seed phrase for you to manage.
Instead, the responsibility of signing blockchain transactions is divided between us and our users, so that neither party sees the other's secret information.
Welcome to the only non-custodial wallet where you don’t have to worry about losing your seed phrase.
Easily buy, sell, exchange and earn:
Purchase, sell and trade with your preferred payment method, including PayPal, bank wire, credit or debit cards, Apple Pay or Google Pay.
Supporting 6 blockchains, 4 layer 2s, and hundreds of crypto assets.
Your Wallet Is Recoverable:
Our 3FA recovery model with 3D FaceLock ensures that you can restore your wallet on any phone or tablet. Never lose access to your crypto again.
Legendary 24/7 Support:
We understand that crypto can be confusing. That’s why we make it super easy to chat with us whenever you need it. Just send us a message from within the app 24/7.
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Unichain
Unichain serves as a DeFi-centric Layer 2 solution on Ethereum, specifically crafted to become a central hub for cross-chain liquidity. This decentralized finance platform enhances transaction efficiency and affordability, boasting exceptionally quick block times of just one second while aiming to slash transaction fees by a factor of twenty compared to standard Ethereum costs. Utilizing the OP Stack framework, it emphasizes scalability, fosters open-source advancements, and plans for future features such as Provable Block Building. Unichain is tailored to meet the needs of both developers and users within the DeFi ecosystem, offering comprehensive tools for creating liquidity pools and deploying smart contracts. Drawing from extensive experience in establishing the largest decentralized trading protocol globally, Unichain ensures that its technological innovations remain accessible as open-source, allowing other rollups to incorporate them seamlessly. Additionally, a robust network of full nodes actively oversees and authenticates the sequencer's activities, thereby enhancing transaction speeds and decentralization within the Unichain ecosystem. This commitment to transparency and community involvement positions Unichain as a leader in the evolving landscape of decentralized finance.
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Rootstock
Rootstock stands out as an innovative Bitcoin sidechain that combines the advanced smart contract functionality of Ethereum with the unparalleled security of Bitcoin. Operating as an open-source platform, it utilizes Bitcoin's proof-of-work consensus mechanism, tapping into over 60% of Bitcoin's hashing power through merged mining to ensure its reliability. This synergy allows developers to create EVM-compatible smart contracts, paving the way for decentralized applications that benefit from the strength of Bitcoin's network security. The native currency of Rootstock, known as RBTC, is maintained at a 1:1 peg with Bitcoin, which simplifies interactions with decentralized finance (DeFi) protocols and dApps on the Rootstock ecosystem, facilitating processes like minting, swaps, and the payment of gas fees. Additionally, the PowPeg protocol plays a crucial role in guaranteeing secure and efficient two-way transactions between Bitcoin and Rootstock, significantly improving interoperability between the two networks. Within Rootstock's expanding ecosystem, users can engage in a variety of applications, including swapping and staking through platforms such as Sushi, optimizing yields with Beefy, and trading on Oku, demonstrating the platform's versatility and appeal. As a result, Rootstock offers a comprehensive environment that empowers developers and users alike to harness the full potential of blockchain technology.
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Pricing
Pricing Starts At:
Free
Free Version:
Yes
Integrations
Company Details
Company:
Syscoin
Headquarters:
Canada
Website:
syscoin.org
Media
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Training Videos
Customer Support
Online Support
Syscoin Features and Options
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