Highest Rated Comments


SysCoin29 karma

Syscoin is a decentralized cryptocurrency, it does not in effect make money and does indeed have transactions fees which go to miners (although very-low-cost in comparison to marketplaces and even other cryptocurrencies). Syscoin users can gain Syscoin by mining, selling their goods/services on the marketplace or with simply by being a host via the upcoming masternode release

SysCoin18 karma

Dangston & Partsavatar are definitely still our partners as well as other partners that haven't been disclosed yet. We are expecting at least hundreds of thousands of items to be listed, however we do not have an exact count to provide you. Keep an eye out for future announcements regarding partnerships.

SysCoin16 karma

We haven't released a date yet, masternodes are targeted to be released via our next Syscoin core update, scheduled for the first quarter(Q1) of 2018.

SysCoin11 karma

We had a public beta for Blockmarket Desktop because we were so resource constrained relative to our development objectives. Since getting funded a lot has changed. While we do plan on a Blockmarket Web beta we don't plan on it being public, we have the resources internally to properly test and weed out any bugs.

We will need to let the network stabilize following the Q1 hard fork, as such the Blockmarket Web release will come after the hard fork.

SysCoin11 karma

We released the world's first publicly available decentralized marketplace via the Syscoin protocol in August 2014. Openbazaar released their first public decentralized marketplace in 2016.

A quick answer would be that they are very different. Openbazaar uses a Peer to peer service like torrents, while Syscoin's decentralized marketplace is built-in to the provable blockchain.

Openbazaar isn't a cryptocurrency and is developed by OB1, they've had a couple of rounds of private funding, our company, Blockchain Foundry Inc, has received over CAD $5m in private funding (and we are working on going public in Canada very soon) and our token is currently has a $337 million marketcap.

We appreciate and commend all innovations in the cryptocurrency space.