Exciting times for Syscoin

Thru a Twitter message on Wednesday, December 5th, Syscoin announced that there is an update on the Masternodes. The company that wants to be the first decentralized marketplace has a number of exciting months ahead.

https://twitter.com/syscoin/status/938487237884424192

Syscoin plans

Syscoin provides a detailed explanation of what their plans are and how they intend to reward miners and Masternode holders. After Testnet 3, a number of interesting new features have now been released.

• Miners and Masternodes share the transaction fees 50/50.
• A platform has been created to let the decentralized network of Masternodes vote.
• A system has been set up in which, in Masternodes, the longer they are part of the
  network, the higher the return-on-investment.

The "masternode seniority" is structured as below.

On December 31, rebranding is also expected from Syscoin. The past has shown that this often has major consequences for the price of a token. We will continue to monitor this as more releases are scheduled for January and February. Especially the mainnet launch in February will be a crucial point for this initiative to succeed.