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Syscoin Added To BitSpark.io, Release Dates Announced for Mobile Wallets & Blockmarket

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The Syscoin developers have been announcing some very interesting new projects which are due to be released in the very near future. Public beta testing of the Syscoin Blockmarket will commence in a week from now, which is soon followed by the release of the Development Portal and the mobile wallets for both iOS and Android.

January 14th 2015

Perhaps the most important of three dates is January 14, as this is the date when Syscoin’s Blockmarket project will be available for beta testing to the public. Over the course of two weeks, users can submit their feedback and any bugs they might encounter to the SYS development team, after which the full public release will take place.  Read more...

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Syscoin Developers Unveil BlockMarket, Release Expected Soon

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One of the upcoming Syscoin projects a lot of community members and investors are looking forward to is called BlockMarket, a decentralized peer-to-peer marketplace where you can buy and sell goods and services with SYS. We have seen some interesting developments regarding this projects thanks to the several Syscoin community members, and the SYS developers have now officially unveiled BlockMarket to the public.

For those among you who have not yet heard of the BlockMarket project, this is Syscoin’s decentralized marketplace service built on bitcoin blockchain technology. Users can purchase goods or services from independent sellers, and sellers can offer their goods and services for a nominal fee when comparing this service to other cryptocurrency marketplaces in existence.  Read more...

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Viacoin Network Hashrate Explodes Since Enabling Merged Mining

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Ever since we reported on the latest Viacoin client upgrade, which includes merged mining support, it seems like quite a fez multipools have enabled this option so far. Coinking.io, one of the biggest multipools in the world of cryptocurrency, is now merged-mining five different coins together with any Scrypt coin. VIA is just one of those, so let’s take a closer look!

Merged mining is an interesting addition to the world of mining digital currency, as it allows users to gain a handful of different coins while doing one and the same process. The best part about merged mining is the fact it does not require any changes to be made by the miner themselves,as the mining pools will take care of all the necessary coding;  Read more...

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Syscoin Slack-IRC Crossover Bridge Completed, BlockMarket & V2 Wallet Nearing Completion

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Altcoin news are still slim pickings these days, but that was to be expected with the holidays and all. Either way, we have some more updates in regards to the development of Syscoin. Nothing major so far, but at least work is being done and projects are getting closer to completion. Let’s take a peek, shall we?

First of all, for those of you who may have missed the announcement, there is now a Syscoin Slack group! Slack is a very easy-to-use platform where you can keep up wit the greatest and latest Syscoin news, and you can even enable desktop notifications if you wish to do so.  Read more...

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Is MooPay LTD Facing Imminent Liquidation?

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Breaking news rarely occurs during the holidays, but the 2014 Christmas period is going to be one major exception to that unwritten rule. We are receiving reports stating MooPay LTD, the company behind the MintPal exchange among other projects, may very well get financially liquidated in the near future. As a result, all assets will be distributed to creditors.

From what we can gather by looking at this pastebin log, the Syscoin legal team is currently in talks with a liquidator, after winning the winding up petition. For those of you unaware, liquidators are some of the most powerful people in the world of legal matters, especially in the United Kingdom. It is important to note a liquidator only gets paid if the party they represent gets paid, bringing some extra motivation to the table.  Read more...

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Syscoin & Stealthcoin Working on Anonymous Transactions For Decentralized Markets

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It looks like things are heading in the right direction once again for the Syscoin developers. As the legal workload has been decreased (for the time being), proper development on the BlockMarket project has picked up again, and we should see some progress being made soon. Furthermore, there are talks between SYS and XST in regards to anonymous payments for decentralized markets. Ho ho ho, let’s go!

Syscoin development news has been few and far between over the past few months, which has to do with the legal battle between SYS and Ryan Kennedy. However, the legal workload has been drastically reduced for the time being, so the developers will be enjoying their time outside of court as much as they can.  Read more...

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Syscoin’s Progress To Date – Massive Hashrate, Solid Code, Smart Decisions

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One of the coins we have been paying a lot of attention to over the past month or so is Syscoin. Not just because of their development progress, but also the community involvement, and unfortunately also the legal battle. So how is Syscoin doing since its inception? Are they meeting expectations? Let’s take a look!

Syscoin’s Inception

When Syscoin was created by the developers, they had several requirements in mind which had to met in a certain period of time. In order to do so, the team decided to leverage existing proven code as much as possible, instead of doing a complete development from scratch. Do keep in mind this is just for the basic Syscoin code, and not the features which have been developed, and are still under development, ever since.  Read more...

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I2p Patch for Syscoin Available, SYS Foundation, Android Wallet & More

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What better way to start this new day of cryptocurrency news than posting a new Syscoin article? I know some of our readers have been wondering about the i2p anonymity technology set to be implemented in SYS soon. Also, did you know there is a Syscoin Foundation now? Neither did I, but I will tell you all about it.

For those of you who do not know what i2p really is, allow me to explain it briefly. I2p offers a direct connection to darknets, eliminating any trace of your activities on the internet. Not just in regards to monetary transactions, but even chat logs, file transfers and a lot of other things.  Read more...

This is a preview of I2p Patch for Syscoin Available, SYS Foundation, Android Wallet & More. Click Here To Read the full post

Syscoin News : Development ETA Updates, Escrow Service, SysPricePeg & More!

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As we mentioned yesterday evening, there would be an official Syscoin blog post with more details in regards to how things are faring in regard to this altcoin. There have been some changes to the Syscoin developer roadmap, and a mention was made about potentially using i2p anonymized connections. Let’s take a look, shall we?

Due to ongoing legal battle between Syscoin and Ryan Kennedy, development had to be paused for a little while during last week’s court hearing. As a result of this “delay”, several projects have had their ETAs pushed back a little. The following projects had their ETAs updated :  Read more...

This is a preview of Syscoin News : Development ETA Updates, Escrow Service, SysPricePeg & More!. Click Here To Read the full post

Syscoin Client update, New SysMarket Alpha Released

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Time for another Syscoin article, as they remain one of the most active communities in the altcoin scene to date. A new version of the client has been released, which includes two major bugfixes, both of which have to do with the decentralized marketplace. A new alpha version of SysMarket has been released as well, so let’s take a closer look!

Do keep in mind this new Syscoin client upgrade is not mandatory, yet still highly recommended in order to avoid any potential compatibility issues in the future. As always, you can find the updated client on the Syscoin Github.  Read more...

This is a preview of Syscoin Client update, New SysMarket Alpha Released. Click Here To Read the full post

Syscoin Legal Battle Update : Ryan Kennedy’s Stalling Tactics Denied By Judge

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It has been a while since we last heard from the Syscoin legal proceeding against MooPay LTD & Ryan Kennedy. A court date had been scheduled a few days ago, and we have now received the full details on how things went. Let’s do a quick recap.

As is always the case when it comes to legislative issues in the United Kingdom, it is imperative to not reveal any information to the public in the first 24 hours after a court date. While this may be a bit of an annoying rule, it is something that needs to be taken into account regarding this matter.  Read more...

This is a preview of Syscoin Legal Battle Update : Ryan Kennedy’s Stalling Tactics Denied By Judge. Click Here To Read the full post

Alpha Version of Syscoin’s Decentralized Marketplace Software Released

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I’m sure most of you are aware by now that the Syscoin decentralized marketplace is slowly coming to fruition. Very much so in fact, as the alpha client for the visual representation has been released, for both Windows and Linux users. No word yet on the Macintosh version however.

Do keep in mind this is still a very early alpha build of the Syscoin marketplace software, and a lot of things featured are still to be added in the future. It does give us a nice visual overview of the SYS marketplace however, and can be accessed directly through the application, with no further software installation required.  Read more...

This is a preview of Alpha Version of Syscoin’s Decentralized Marketplace Software Released. Click Here To Read the full post

Syscoin Development Roadmap Update, Massive Bounty For Developers

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If you have been keeping a close eye on the ongoing Syscoin developments over the past week or so, you will have noticed their decentralized marketplace is slowly taking shape. A web version is available for testing, as we reported here. But the SYS team isn’t satisfied with just that, as they also want someone to develop a desktop marketplace application.

In fact, both the developers and the Syscoin community want this to happen so badly, they even started collecting a massive bounty to see this project come to fruition. As of this writing, the total SYS bounty for completing this project is currently 635,000 SYS, which is worth roughly 0.67 Bitcoin at the current exchange rate on Bittrex.  Read more...

This is a preview of Syscoin Development Roadmap Update, Massive Bounty For Developers. Click Here To Read the full post

Tons of Syscoin Updates : New Client Update, Various Projects, Development Roadmap Update Soon

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Would you like some more Syscoin news? I know you do, so let’s get right to it then! No update in regards to the legal battle with Ryan Kennedy at this point I’m afraid, but I am certain Selachii LLP solicitors are doing everything they can to get the matter resolved as quickly as possible. Do keep in mind that building a legal case against someone is a lengthy task, so it will take a while before we see the end result.

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This is a preview of Tons of Syscoin Updates : New Client Update, Various Projects, Development Roadmap Update Soon. Click Here To Read the full post

Visual Representation of the Syscoin Market Released

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Syscoin keeps making the headlines lately, even though the legal proceedings are still going on and not too much news is coming out at this point in time. The SYS community on the other hand is doing some amazing work, with projects such as SYYK. Earlier today, we were treated to a visual representation of Syscoin’s marketplace code.

While this marketplace code is an amazing visual representation of what is possible with the Syscoin blockchain, you are not actually selling items on the website itself. Keep in mind that you are selling something on the blockchain, and this website simply allows users to view the items being offered for sale.  Read more...

This is a preview of Visual Representation of the Syscoin Market Released. Click Here To Read the full post

SYYK Aims To Make (Public) Messaging on the Blockchain Possible

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I came across an interesting proposal/project on BitcoinTalk earlier today. Despite all of the cluttering , spamming and trolling taking place on that forum, there is some relevant information to be found every now and then. What does ‘messaging on the blockchain’ look like, I wonder?

SYYK

While there are digital currencies out there who are working towards messaging/advertising on the blockchain, it’s still a bit of niche project. And to be frank, having some competition in that niche wouldn’t be a bad thing if you ask me!  Read more...

This is a preview of SYYK Aims To Make (Public) Messaging on the Blockchain Possible. Click Here To Read the full post

SysCoin Publishes Legal Documentation About Their Case Against Ryan Kennedy & Moopay LTD

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As we mentioned in our previous Syscoin articles, the legal battle with SYS and Ryan Kennedy/Moopay LTD is far from over. Some progress is being made however, and the Syscoin team has received the green light to publish a copy of their legal documentation. Let’s take a closer look at how this case is going so far.

The reason why this information has only been made public now is because the UK legal process is very strict, and it is better to err on the side of caution in such matters. By making every bit of information public, all of those details will also be read by Ryan Kennedy in some way, shape or form, which means the Syscoin team has to tread with extreme caution.  Read more...

This is a preview of SysCoin Publishes Legal Documentation About Their Case Against Ryan Kennedy & Moopay LTD. Click Here To Read the full post

Ryan Kennedy Responds To SysCoin’s Final Injunction

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As most of you will know by now, Ryan Kennedy/Alex Green had a deadline to meet yesterday afternoon in order to pay the 750 Bitcoin owned to the SysCoin team. Unlike we all expected, Ryan Kennedy did provide the SysCoin team (or their legal representatives anyway) with a response.

You can imagine this response was quite unexpected, and has led to a very busy day for both the SysCoin team and their legal representatives, law firm Selachii LLP. The next step on the road to receiving the money they are owed is working through the next legal steps.  Read more...

This is a preview of Ryan Kennedy Responds To SysCoin’s Final Injunction. Click Here To Read the full post

Moolah.io Receives Final Injunction From SysCoin’s Legal Representatives

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The legal tug-of-war between SysCoin and Alex Green/Ryan Kennedy/Moolah.io continues, as a final injunction has been served today. It will remain interesting to see how all of this will play out, and whether or not the SysCoin team will ever see their owed Bitcoins.

In a tweet posted earlier today, Selachii LLP, the law firm representing SysCoin in this case, confirmed a final injunction against Moolah.io has been served earlier today. Said injunction has been served both by email, as well as at the home address of Moolah.io?Alex Green/Ryan Kennedy.

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SysCoin Emergency Injunction Against Moopay & Ryan Kennedy Granted By London High Court

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Those of you who have been involved in the world of Bitcoin, altcoins and digital currency in general, have probably heard of the ongoing issues with Moolah.io. With SysCoin still being owed a lot of money from their pre-sale, which was hosted by Moolah.io, they decided to take legal action. A new update in this story has been provided, so let’s see what is going on.  

In our previous article, we mentioned how the SysCoin team took legal action against Moolah.io and MooPay LTD. Unfortunately, we could not disclose any further details at that time, due to UK law restrictions. However, more information has been slowly trickling in over the past few days.  Read more...

This is a preview of SysCoin Emergency Injunction Against Moopay & Ryan Kennedy Granted By London High Court. Click Here To Read the full post

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