A Glimpse of What’s to Come with StakeCube

Syscoin’s mission is to provide the best possible solutions to the challenges facing blockchain and decentralized ledger tech (DLT). In addition to our novel solutions, we constantly assess innovations and emerging advancements, and factor the best of them towards an optimal design in which new synergies are realized. Within Syscoin, “the system of systems”, new possibilities are always being discovered and achieved.

We are beyond optimistic about the shared research and development partnership we are now announcing with StakeCube. StakeCube is a project that seeks, not unlike ourselves, to develop an ecosystem that pushes this space beyond its perceived limits.

Together with the StakeCube team and the infrastructure services of the protocol, Syscoin aims to collaboratively break new ground in at least a couple of areas of research. For one, we want to broaden the horizon for ZK-Rollups through Syscoin’s new concept, Proof of Data Availability. We are also exploring new solutions around fractional ownership of masternodes. We look forward to seeing the benefits of this collaborative R&D ripple across the industry, especially as everyone becomes more familiar with the capabilities of ZK-Rollups.

StakeCube has already proven themselves through the arrangement of services they provide to the crypto space via their own ecosystem. Syscoin users will now be able to take advantage of a StakeCube as a provider of a wallet, exchange, and shared masternodes.

StakeCube is on the verge of revamping their entire lineup, which will not only bring a new website design, but also introduce a method for Syscoin users to convert between SYS and WSYS (Syscoin & Wrapped Syscoin on NEVM). 

We are excited about what lies in store with the convergence of our two technologies and you should be as well. Stay tuned to see what comes next!

About Syscoin

Syscoin is a decentralized and open-source project founded in 2014 whose NEVM combines the best of Bitcoin and Ethereum in a single coordinated platform.

Bitcoin's proven security and Ethereum's Turing-complete programmability elevated to true L2 scalability via ZK-Rollups taking place on a singular platform, Syscoin, is ushering in the next step in the evolution of blockchain technology.

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About StakeCube

StakeCube is a one-stop crypto ecosystem, dedicated to offering a variety of services and earnings options. Their services include mining, staking, trading, masternodes, NFTs, and much more. They are imminently releasing Version 3, which is a complete upgrade that enhances their user experience by updating both their backend code and user interface.

StakeCube also has developed its own smart-chain, StakeCube Protocol (SCP). Through its different token standards, SCP has support for different kinds of tokens and NFT collections. The SCP wallet is designed to allow users to deploy NFTs and tokens without having to write a single line of code. SCP is also highly scalable, thanks to the network of masternodes backing the core chain. This allows SCP to provide token and NFT transfers with extremely low transaction costs. 

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