$SYS

I am also an investor in this coin, and I am also trapped. However, the reason why I continue to increase my position even when the price drops is as follows.

1. The 10-year-old currency is already in full circulation, and the Rollux he developed is not a way to issue new tokens. It uses old coins to lock and destroy them. I think it is more conscientious than other projects. The expansion solution should be The project side needs to solve the problem, but retail investors have to foot the bill for the new L2.

2. This project was not a public chain from the beginning, but was transformed later, so there was really no practical application scenario in the past few years.

3. The narrative of Bitcoin. I think the biggest advantage of Bitcoin is the value consensus. It is too difficult to expand from Bitcoin, and there are many restrictions. Syscoin only intercepts the security of Bitcoin, allowing EVM developers to migrate seamlessly. Let miners obtain additional economic models. I think this is very smart. There are many dormant Bitcoins that cannot generate economic benefits. If we can pledge and generate benefits based on the security of Bitcoin, it is indeed a good narrative.

4. He chose to do modularization and build NEVM’s dual-chain architecture based on Bitcoin security, which means that in the future he can expand other new technologies in parallel based on Bitcoin security.

5. SuperDapp is about to be launched, integrating AI, social trading, and staking functions to allow Sys to be used in more DeFi scenarios, which can indirectly push up currency prices.

6. TPS can reach 210,000 through layer 2 expansion. The current TPS is already several steps ahead of other public chains, but this is an ideal situation. In practice, extreme tests are needed to know what the average TPS will be.

7. Syscoin also uses the EIP 1559 burning mechanism, and the transaction fees are cheap. Cheapness also has a disadvantage: it burns slowly.

8. The hybrid consensus mechanism is based on POW and POS. 100,000 sys can be used as verification nodes, and 30% of the tokens will be locked. At present, I see more than 2,700 nodes, about 270 million.

The above is all researched by me. Read more information so that you will not doubt your investment decision. If you have any questions, you can leave a message to discuss with us. If I am wrong in any place, please let me know, but be careful. After all, I am also Still stuck.

* It is recommended that if you are optimistic about the currency, don’t take a heavy position at the same price. Enter the market first, then cover if there is a drop, and divide your positions well. Otherwise, if you have no money to cover a fluctuation, you will be scared to death, and then you will start to curse ⋯

#sys #BTC