The newly updated 3.0 protocol includes pioneering technological features unique to the Syscoin blockchain, namely the introduction of Z-DAG (zero-confirmation transaction settlement) and network masternodes. Combined, these two features allow for instant transactions on an infinitely scalable network that is capable not only of processing over 10,000+ tps, but also upholds the double-spend prevention seen in slower cryptocurrency networks. Making use of network masternodes ensures token stability in the market by incentivising SYS holders to lock funds for long periods of time.
Syscoin will now also facilitate asset and token issuance for third parties wishing to build decentralized applications (DApps), launch ICOs and create their own custom tokens on top of the Syscoin network.
Check out this infographic for more info: