Syscoin - Definition from the Hotspot Shield Encyclopedia
Syscoin is a form of cryptocurrency similar to Bitcoin and provides a means of processing low-cost transactions.
The currency aims to promote itself by showing its effectiveness of online trading and also its business infrastructure that helps companys trade goods and assets securely. Benefits of the Syscoin cryptocurrency system include the availability of using aliases for wallets, a marketplace to sell and purchase goods, encrypted messages, a low amount of down-time, an arbitrated escrow service and the use of digital certificates for encryption. The currency and system was developed and initially released in 2014 and since then has seen various version updates and changes.