Syscoin Description
Open source community dedicated towards scaling Bitcoin, particularly its proof-of work security, in order to meet global needs, and emerging use cases while staying as close to Bitcoin's original ideas as possible. Syscoin has evolved over ten years on the mainnet and the foresight in its design gives it an advantage. It provides a comprehensive network for projects that aim to achieve Bitcoin L2. Syscoin, a mainnet Bitcoin L2, provides a data-availability protocol that scales. This makes EVM and AltVM rollsups possible on Bitcoin. Syscoin, which is merge-mined using a majority of Bitcoin hash rate to anchor rollups with Bitcoin's proof-ofwork, works with the existing sequencer architectures for rollups. Syscoin gives Bitcoin a scalable data layer that is required for rollups and other EVM or AltVM to tap into Bitcoin’s network in a secure and scalable manner.
Syscoin Alternatives
RSK
The Bitcoin Network has made RSK the most secure smart contract Blockchain. Bitcoin is the best DeFi opportunity. It is fully enabled on RSK - the most secure smart contract platform worldwide. Bitcoin users can now lend, borrow, trade, and earn interest on their Bitcoin. Financial decentralization is the future of finance. RSK is the best contract platform in the entire world. RSK's Contracts mission is to increase the value and functionality of the bitcoin Contracts ecosystem through smart contracts, near instant Contracts payment, and greater scalability. RSK Blockchain is connected with Bitcoin via Merged Contracts Mining, the two-way peg, also known as the bridge. RIF is built on top of RSK and aims to provide the foundations for a fully decentralized internet that can enable Decentralized Sharing Economys. It will empower and protect individuals' value through identity, payments and storage.
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Starknet
Starknet is an unrestricted decentralized ZK Rollup that operates as an L2 network on Ethereum. Any dApp may achieve unlimited computation scale without compromising Ethereum’s composability or security. Starknet maintains the security of L1 Ethereum while achieving scale. It does this by producing STARK Proofs off-chain and verifying these proofs on-chain. Starknet Contracts allow developers to deploy any business logic. Starknet will offer composability at Ethereum's level, allowing for easy development and compounding of innovation. The STARK Prover is the engine that powers StarkEx's scalability engine. It has already demonstrated its ability to process 600K transactions on Mainnet in a single proof.
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Raiden Network
The Raiden Network, an off-chain scaling solution that enables near-instant, low cost, and scalable payments, is the Raiden Network. It works with any ERC20 compatible token and is complementary to the Ethereum blockchain. The Raiden project continues to be developed. Its mission is to research state channel technology and define protocols. The Raiden Network is an infrastructure layer that sits on top of Ethereum's blockchain. Although the idea is simple, it is complex and difficult to implement. The technicalities can be simplified so developers can use a simple API to create scalable, decentralized applications that are based on Raiden Network. The Raiden Network's basic goal is to eliminate the blockchain consensus bottleneck. This is achieved by leveraging a network payment channels that allow secure transfer of value off-chain.
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Milkomeda
Milkomeda provides rollup technologies to top Layer 1 ecosystems. It offers the most popular smart contracting languages, Solidity, while improving inter-blockchain interoperability and user experience. To reap the benefits of both rollups as well as Solidity, the core foundation must be implemented in non-EVM ecosystems. Devs can port existing Ethereum projects to dApps for a wider selection. You can move faster and more cheaply while still having access to core development and security auditing expertise. Our goal is to use the power of rollups across all chains and to have audits at key points on the roadmap to ensure security. Milkomeda can handle hundreds of transactions per second, without compromising long-term decentralization. We also work with wallets to make the process of moving assets to Milkomeda easy.
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Pricing
Pricing Starts At:
Free
Free Version:
Yes
Integrations
Company Details
Company:
Syscoin
Headquarters:
Canada
Website:
syscoin.org
Media
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Product Details
Platforms
SaaS
Type of Training
Documentation
Videos
Customer Support
Online
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