X-CASH XCASH to Syscoin SYS Exchange

Crypto Pair Details: XCASH to SYS

X-CASH XCASH

X-CASH is a cryptocurrency based on blockchain technology. The platform aims to become a global intermediary for all kind of payments and reduce transaction costs by 99%. X-CASH is a cryptocurrency built on Monero v7 with the aim to become a standard in digital payment and transaction settlement. We believe privacy is very important when it comes to managing personal finances, but at the same time, banks and institutions need to know the source of the funds for KYC purposes. Therefore, we plan on leaving the users the choice of whether or not they want their transaction to be public. Because we are implementing a worldwide network of dedicated servers, we hope to make the synchronization of the blockchain faster than other cryptocurrencies as well as reducing transaction latency. We believe this network will be a key component in the deployment of the future improvements we plan on adding to the core code.

Syscoin SYS

Syscoin is “a global network, a distributed ledger, a decentralized database and a blockchain. It is also a cryptocurrency, an altcoin, a digital currency and a tradable token.” Originally launched in late 2014 and created through a Bitcoin fork, the current version brings us to Syscoin 2.1 and has an algorithm that allows it to be merge-mined with Bitcoin. Merge mining is simply the ability for miners to simultaneously mine two different cryptocurrencies based on the same algorithm. The project attempts to remove the middleman and put money directly back into merchants/consumers hands, eliminating hefty fees currently charged by big corporations like Amazon and eBay. To facilitate near-zero fee transactions, you can use its native cryptocurrency, Syscoin (SYS), to pay for goods on the marketplace. However, you can also pay using alternate cryptocurrencies such as Bitcoin or Zcash. Syscoin is led by a team of developers and was created by its current core developer, Sebastian Schepis. According to Proof of Developer, a website that verifies, evaluates, and ranks developer teams, Syscoin received 5 stars in 2014. Blockchain Foundry maintains Syscoin as its flagship product, with a mission to “disrupt markets by leveraging the potential of blockchain technology”. In March of 2017, Blockchain Foundry partnered with the Microsoft Azure ecosystem and is one of the founding members of the Digital Identity Foundation (DIF). Other founding members of the DIF include the likes of corporate giants such as Microsoft, Accenture, ConsenSys, and more. Syscoin’s blockchain delivers faster speeds along with lower transaction fees than its predecessor, Bitcoin. It can support 750 tps, and with the upcoming masternode release, it will support more than 300,000 tps. For now, it’s one of the cheapest cryptocurrencies regarding transaction fees (behind zero-fee transaction cryptocurrencies such as NEO and NANO), even cheaper than XRP.' Some of the features highlighted on the SysCoin website includes :- 1. Buy/Selling goods on the blockchain 2. Brokerage on the blockchain 3. Issue and trade certificates on the blockchain 4. Merged Mining

SOURCE: COINGECKO

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