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Bitcoin Technology

Thanks to Syscoin's code base being around 90% in-line with Bitcoin's (and kept closely up-to-date), Syscoin can utilize even the most recent technologies that have been developed on Bitcoin. This applies to the Syscoin native chain, rather than the NEVM chain. You can read about two of these technologies below.

Taproot/Schnorr#

Taproot is an upgrade to Bitcoin that brought several new features: Taproot, Tapscript and Schnorr signatures. The upgrade benefits Bitcoin in a number of ways. It improves Bitcoin's scripting language to make upgrades simpler. It also reduces the size of data required to be stored on-chain and through this lowers the transaction costs for users. It also improves the privacy of transactions. As this upgrade benefits Bitcoin, due to Syscoin maintaining around 90% of the codebase of Bitcoin these benefits are also brought to Syscoin on its base chain (not the NEVM chain).

As more innovative technologies are developed for Bitcoin, Syscoin will be able to tap into these innovations and improve at the same time. Not only do these new developments apply to the SYS coin, but also to tokens operating on top of the base chain. This is another of the numerous benefits of building on top of the Syscoin technology stack.