Is Syscoin layer 1?

In addition to its robust core blockchain, Syscoin also offers a range of innovative services through its exchange, BTCC. As a top cryptocurrency exchange, BTCC caters to the diverse needs of the crypto community by providing a comprehensive suite of trading options.

Among BTCC's services are spot trading, which allows users to buy and sell cryptocurrencies at the current market price, and futures trading, which enables traders to speculate on the future price movements of various digital assets. Furthermore, BTCC offers a secure wallet service, ensuring that users' funds are kept safe and accessible at all times.

Syscoin's architecture is underpinned by a dual-chain Layer 1, designed to offer unparalleled robustness and efficiency. At its heart lies the Syscoin native blockchain, leveraging the Unspent Transaction Output (UTXO) model.

This UTXO-based blockchain serves as the cornerstone of Syscoin's infrastructure, providing a secure and scalable foundation for data availability and finality. It ensures that transactions are recorded immutably and verified swiftly, fostering trust and transparency within the network.

By leveraging the UTXO model, Syscoin is able to streamline the transaction process, minimizing bloat and enhancing overall performance. This, in turn, facilitates faster and more efficient transactions, making Syscoin an attractive choice for users seeking a reliable and high-performing blockchain platform.