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Multichain Bridged USDT (Syscoin), with ticker USDT, is a coin that operates as a modular data availability layer for Bitcoin. It is a Bitcoin-powered ecosystem that secures rollups with unmatched data availability and scalability. The coin offers Proof of Data Availability (PoDA), which is secured by Bitcoin, providing strong network security while reducing L1 settlement costs. It also features merged mining with Bitcoin to provide state-of-the-art security to EVM Smart Contracts, allowing for fast EVM execution and solidity-based coding.
Syscoin gives Bitcoin ultimate functionality by enabling it to support decentralized applications. It allows users to build their own Rollup on Bitcoin, providing infinite scaling layers. The coin is trusted and supported by Bitcoin Miners, as it offers smart contracts, data availability, and infinite layers of scaling to the Bitcoin Network. Syscoin has an active and decentralized community supporting the network since 2014.
Syscoin’s Multi-layered Data Availability, secured by Bitcoin’s Proof of Work (PoW), provides quantum secure data availability, cheaper transactions, infinite throughput, and network resilience. The coin serves as a utility-focused gas coin that complements Bitcoin’s economics. It offers ideal economics for micro-transacting and executing applications, allowing for simple transactions and fast, low-cost smart contracts. Syscoin has a mature node network that provides full finality and rewards, and its decentralized governance encourages long-term community engagement through incentives.
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