Syscoin Weekly Update XXVIII.

Weekly Video: Level Up Your Gaming on Rollux

In this week's video update, we dive into the exhilarating world of blockchain gaming and how Rollux, our innovative EVM-L2 scaling platform, is set to revolutionize it. We discuss how Rollux's lightning-fast, ultra-secure transactions, scalability, and affordability are creating a seamless, immersive, and inclusive gaming experience. We invite you to join us on this thrilling journey as we shape the future of blockchain gaming. Don't miss out on this game-changing update! 

Behind the Blockchain: Alex Guerra

This week, we're excited to spotlight Alex Guerra, our dynamic Business Developer. From his start as a community member, Alex has navigated the complex world of blockchain, forging meaningful collaborations and partnerships. His belief in Syscoin's innovative and practical solutions fuels his work, while his dedication to personal growth translates into professional excellence.

Alex's advice for anyone interested in blockchain? Immerse yourself in the community, contribute selflessly, and opportunities will follow. He champions continuous learning to stay ahead in this rapidly evolving industry. Dive deeper into Alex's journey in the full profile here. Stay tuned for more team insights in our upcoming updates!

Important Pali Wallet Info

We're thrilled to see so many of you enjoying the newly launched Pali V2! However, we're aware that some users have encountered compatibility issues with certain dApps in the Syscoin ecosystem, such as PegasysDEX and Luxy.io. Here's some guidance to enhance your experience.

Pali has a setting that allows you to decide if you want to connect to dApps with Pali Wallet or another EVM-compatible wallet. To use this feature, open Pali Wallet, go to "General Settings," and locate the "Manage ETH Provider" option. Toggle it ON for seamless use of Pali V2 with dApps such as PegasysDEX and Luxy.io. To use another EVM-compatible wallet, simply toggle it OFF! Remember to refresh the page whenever you switch it ON/OFF.

If you encounter connection errors, rest assured that Luxy.io and PegasysDEX are actively collaborating with Pali Wallet to improve compatibility. Some connection problems may stem from Pali Wallet's support for the UTXO chain, which no other wallet does. YouTube tutorials to guide you through this are in the works!

We're committed to enhancing the UI for better clarity and ease of use. If you have any questions or difficulties, our support teams are always available via Discord/Telegram. Your feedback and patience are greatly appreciated as we work towards optimizing compatibility and resolving any issues. Stay tuned for updates, YouTube tutorials, and ongoing improvements to Pali Wallet! Thank you for being a part of this journey!

Catch Alex G on The LBank Show for a Chance to Win $500 USDT!

Get ready for an exciting episode of #TheLBankShow coming up on the 15th of June 2023! This episode will feature none other than our very own Alex Guerra, BD and Project Manager of Syscoin. This is a fantastic opportunity to gain insights directly from one of the key figures in our team.

But that's not all! LBank is offering a chance to win $500 in USDT. All you need to do is subscribe to their YouTube channel, follow @LBank_Exchange and @syscoin on Twitter, and like, retweet, and comment on the announcement tweet with up to three questions. Don't forget to tag three friends in your comment!

Don't miss out on this opportunity to learn more about Syscoin and stand a chance to win some USDT. Mark your calendars and tune in!

Rollux: Syscoin's Leap Towards Secure, Decentralized, Modular Scaling

Syscoin's President and Lead Core Developer, Jagdeep Sidhu, gave weight to the gravity of Rollux’s imminent launch. This groundbreaking solution, powered by Syscoin's unique PoDA (Proof of Data Availability) tech, is set to revolutionize secure, decentralized, modular scaling. PoDA on L2 enables fractal scaling, allowing additional layers to utilize the data availability of L1, creating secure, decentralized modularity without compromising security. For a deeper understanding of PoDA, check out our deep dive, and for why we need it in the first place, check out Sidhu’s blog post. Stay tuned for the future of secure, scalable blockchain tech with Syscoin and Rollux! 🚀

TuruVerse and Rollux: Expanding the Metaverse Together

We're excited to share the news of our latest partnership with TuruVerse, an immersive metaverse hub catering to a diverse audience. This collaboration will extend the reach and functionality of Rollux, our platform, and provide users with a variety of new features. TuruVerse will integrate Rollux, enabling users to engage with their SYS NFTs and make purchases using SYS. This integration will also extend to TuruVerse’s upcoming metaverse and their NFT project, VersacBrickSquad.

In addition to the integration, TuruVerse will launch exclusive features on Rollux, including a special lounge for Syscoin Gold NFT holders and the expansion of their Real Estate NFT project into Rollux NFTs. We anticipate these developments to coincide with TuruVerse’s mainnet launch and the launch of the BabyTuru NFT. We're confident that this partnership will enhance user experience and broaden the range of features available. Stay tuned for more exciting developments from this collaboration!

Learn more about TuruVerse and Rollux on their respective websites, and read the full announcement here on SYS Labs’ Medium page.

Rollux and Hacken: A Partnership for Enhanced Security

We're thrilled to announce our partnership with Hacken, a renowned cybersecurity firm. This collaboration aims to bolster the safety of our ecosystem, ensuring a secure environment for all users and projects on Rollux. We highly recommend that all projects on Rollux undergo a comprehensive security assessment by preferred auditors like Hacken.

Stay updated with the latest news and alerts on blockchain and Web3 security events by following Hacken. We're committed to providing a secure platform and look forward to the enhanced security this partnership will bring.

Follow Hacken on Twitter for more updates.

Rollux and KOLnet: Upgrading Marketing for Web3

We're excited to announce our partnership with KOLnet, the world's first marketing launchpad and the pioneers of Initial Marketing Offerings (IMOs). This partnership is set to redefine how projects optimize their launch, and we're thrilled that KOLnet has been preparing on testnet to launch on Rollux, powered by $SYS.

KOLnet introduces a unique approach to marketing in the blockchain space. Their IMO Launchpad offers token launch allocations accessible to content creators in exchange for social media posts. Their Marketing DEX facilitates the creation of marketing pools by Web3 projects, empowering Key Opinion Leaders (KOLs) to share project-related content on social media and receive project tokens. Moreover, their AI Protocol integrates AI and blockchain to provide decentralized marketing and advertising services.

This partnership with KOLnet will bring a new level of efficiency to marketing in the wider ecosystem, leveraging the power of Micro-KOLs to drive real, measurable value and multiply engagement.

Learn more about KOLnet and their innovative approach to blockchain marketing.

Rollux and WEconomy: Expanding Horizons in Asia's Blockchain Industry

We're thrilled to announce our partnership with WEconomy, Asia's largest Web3 incubator. Recognizing the growing importance of Asia's blockchain industry, this partnership aims to facilitate the onboarding process to Rollux and expand our ecosystem in the region.

WEconomy boasts an impressive portfolio of seventy startup projects and decentralized autonomous organizations (DAOs), primarily from China, Taiwan, and Vietnam. They aim to release a whole portfolio of projects with Rollux’s arrival on mainnet. 

This partnership is a significant step in our strategy to accelerate ecosystem growth and adoption in Asia. As Jagdeep Sidhu, Lead Core Developer & President of the Syscoin Foundation, puts it, "We are pleased to welcome WEconomy into the fold and look forward to making our mark on Asia."

Learn more about WEconomy and their innovative approach to Web3 incubation.

StakeCube Pledges Support for Rollux

StakeCube has announced its support for Rollux and the projects built on it. This move comes as StakeCube continues to rebuild and redefine its presence in the industry.

The support extends to hosting a second node for Syscoin, a testament to the resilience and potential of the Syscoin ecosystem. The first node hosted by StakeCube has already achieved a 2.5 years seniority bonus, demonstrating the long-term value and stability that Syscoin offers.

Join StakeCube's pool of $SYS and be part of this new chapter. As always, we encourage our community to stay informed and look forward to more updates on this development!

Rollux: Reviving the Original Promise of Cryptocurrency with Unmatched Cost Efficiency

In the world of blockchain, transaction fees can make or break the user experience. Let's take a moment to compare the cost of a typical native coin transfer fee on different platforms:

On Optimism Bedrock on Ethereum, it costs $0.06500 USD. However, on Rollux, which offers L1 data availability, multi-quorum finality, and EVM equivalence, all fueled by $SYS and secured by Bitcoin miners, the cost is a mere $0.000004 USD!

This means you can make a whopping 2500 transfers on Rollux for just one penny (USD)! Rollux is not only setting a new standard for cost efficiency in the blockchain space, but it's also reviving the original promise of Bitcoin and cryptocurrency: to provide an affordable, decentralized user experience. By drastically reducing transaction costs, Rollux is making the dream of truly accessible and affordable decentralized finance a reality.

Rollux and Score Milk Join Forces to Upgrade Web3 Gaming

In a significant move to expand the Rollux ecosystem, we're thrilled to announce our partnership with Score Milk, a pioneering platform bridging traditional Web 2 games and the burgeoning world of Web3 games. Score Milk, with its focus on Web3 solutions for gamers, game developers, and guilds, will integrate Rollux into their platform, setting the stage for Rollux to potentially become the main chain for launching games.

This partnership is not just about ecosystem expansion, but also about enhancing the gaming experience for all. As Alex Guerra, Business Developer at Rollux, puts it, "Score Milk’s innovative approach makes it a perfect bridge from Web 2.0 to Web3 gaming." To learn more about this exciting collaboration and what it means for the future of gaming, check out the full announcement here.

Blockbytes Live Show with Alex Guerra

In today's exciting news, Alex Guerra from Syscoin is currently featuring on Blockbytes' live show. The show started at noon EST today.

🎙️ Show Highlights

• Alex Guerra is discussing Rollux L2, a Bitcoin Layer 2 EVM solution.
• The show is also covering the latest news and updates in the crypto world, including the FOMC's recent activities, the Hinman Documents, and the latest ruling on Binance US.

🔗 Catch the Show

If you haven't tuned in yet, you can still catch the ongoing show live on YouTube. Here is the link to the show: Blockbytes Live Show

Don't miss out on this opportunity to gain insights from industry experts and stay updated with the latest happenings in the crypto world. Tune in to the Blockbytes live show now!