Syscoin successfully launched its bridge to Ethereum on January 28th at block 348'000. What distinguishes the Syscoin Bridge from others interoperability solutions, is that it established a completely trust-less two-way bridge without incurring third-party risks, nor market limitations, while circulating supply is maintained at all times.

The bridge to Ethereum is only the first of many, chosen because of the need for high speed transactions and scalability issues on Ethereum. Ethereum tokens can now take advantage of the speed, throughput, and Bitcoin-compliant security of Syscoin, particularly as the Z-Dag protocol that facilitates transactions that were established to be in excess of 60k TPS! The much lower transaction fees of BTC merge-mined Syscoin will also likely appeal to projects that envision millions of micro-transactions.

On the Syscoin side, developers using Syscoin Platform Tokens (SPT) can now finally utilize the powerful, time-tested smart contract capabilities of the Ethereum network and also allows them access to the toolkits present in the Ethereum ecosystem, hence it is a win-win for both blockchains and empowers both!

This video explains a bit more the inner workings of the bridge and shows how the SYSX token facilitates interoperability:





Syscoin aims for more bridges to be build, hence this is just the beginning.

Not surprisingly, in many media outlets – even in Forbes, articles have been published that have commented on the significance of the Syscoin Bridge, or have mentioned the Syscoin-Ethereum Bridge in the context of discussing the future of blockchain and all emphasize its potential – particularly relating to DeFi (Decentralized Fina):

Given the number of articles discussing the Syscoin Bridge favourably, the market responded quite positively and Syscoin is up around 25-30% since the release of the Bridge!



For those not familiar with Syscoin, it is one of the oldest blockchain projects and as such has gone through numerous and continuous transformations. To understand the evolution of the project, it is easiest to follow this link: https://en.bitcoinwiki.org/wiki/Syscoin



To join the official Syscoin Discord chat, please follow this link: https://discord.gg/Yd7Z4XP



Btw, don't forget to visit and bookmark https://syscoin.network/syslinks where you find a complete and up-to-date link collection, including wallets, exchanges, MN hosting providers, chats, and everything else you need to participate in the project, all on one convenient single page!