Bitcoin VS Syscoin

Bitcoin

(BTC)

Bitcoin is the first cryptocurrency that was created by Satoshi Nakamoto in 2009 in response to the financial crisis of 2008. It quickly became popular because of the idea which vehicle but also the growing enthusiasm of the community for trading or crypto project. Its success has inspired many other projects such as Ethereum or Ripple. Bitcoin is now considered the mother currency of the entire crypto ecosystem and its price has a huge impact on the entire market.

Syscoin

(SYS)

What is syscoin crypto? Syscoin (SYS) is a cryptocurrency that was first released in 2014. It has since grown to be one of the top 100 cryptocurrencies on CoinMarketCap. Like bitcoin, syscoin can be mined and used like digital cash. However, syscoins are not created by mining but instead generate at a steady rate through something called "block rewards." The syscoin developers have also put measures into place to prevent the centralization of miners which some other major cryptocurrencies have struggled with. Syscoins use a hybrid proof-of-work/proof-of-stake algorithm that ensures coins are distributed fairly among people who hold them and those who lend their computing power to maintain network security.