Syscoin

Halal Rating :
Comfortable
Last Price $0.19 Last updated:
Rank 362
1D Change -3.70 %
Market Cap $147.68m
Circulating supply 787,025,797
Maximum supply None

Crypto Overview

Categories
  • Mineable
  • PoW
  • Platform
  • Enterprise Solutions
  • Collectibles & NFTs
  • Zero Knowledge Proofs
  • Masternodes
  • Scaling

Syscoin offers fast, low-cost tokens, assets, and (fractional) NFT’s secured by Bitcoin’s own hash power, decentralized consensus model, and censorship resistance. Backed by 2700 independent full nodes which participate in Syscoin’s decentralized network at present, all of which archive and validate. Together they form the high-throughput relay network used by Syscoin’s Z-DAG Protocol (patent pending). The platform offers the option of a permissioned L2 smart contract feature, Syscoin Notary, which is useful for regulatory compliance at scale, and much more. Its ambitious roadmap aims to define the next generation of decentralized ledger tech, leveraging Zero-Knowledge Proofs to provide the best characteristics of Bitcoin and Ethereum in a coordinated and scalable Web 3.0 platform. Syscoin has official partnerships with Binance, Blockchain Foundry, Klever, TrustToken, Komodo, Decentralized Identity Foundation (DIF), Microsoft Azure, International Token Standardization Association (ITSA), and more.

Crypto Impact

To assign a comfort level investing in Syscoin from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Syscoin.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating