Exclusive breakdown of Syscoin’s growth and future plans for innovation
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Scaling has often been a major pain point of Ethereum, the largest smart contract platform. However, the future is going to be a hotbed of innovation as Layer 2 scaling solutions such as Arbitrum, Optimism, Metis and Boba have been on the rise.
Today we sat down and caught up with Jagdeep Sidhu, a core developer for Syscoin and Bradley Stephenson, a Syscoin Foundation Board Member. We discussed Syscoin’s journey over the last few years and how they emphasized on identifying the direction for Syscoin and executing on it without rushing things to market. We also covered the various scaling solutions that are currently available such as zk rollups and optimistic rollups. Lastly, we dived into how despite the emergence of new and more attractive chains, Syscoin has evolved, continued to innovate and managed to stay true to their mission of becoming the scalable, suitable and secure blockchain for the future by leveraging the Bitcoin security model.
The future is going to be a hotbed of innovation with centralized experiences and business models enhanced and made possible through decentralized infrastructures such as Syscoin that solve the scaling problem.
🙌 Together with:
Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!
🔥 Partner Project Updates
One of Ethereum’s Leading L2s Boba Network closed a massive Series A funding deal to increase their team & grow their ecosystem with hackathons and more, click the image to learn more about how to get involved!
⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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