Who is the founder of Syscoin?

Jagdeep Sidhu, Mihai Alisie, and Sebastian Schepis are the co-founders responsible for developing and leading Syscoin, an open-source, decentralized blockchain platform.

Nov 28, 2024 at 09:56 am

Who is the Founder of Syscoin?

Syscoin is an open-source, decentralized blockchain platform that aims to combine the security of the Bitcoin network with the functionality of the Ethereum network. It was founded in 2014 by a team of experienced blockchain developers, including Jagdeep Sidhu, Mihai Alisie, and Sebastian Schepis.

Jagdeep Sidhu - Co-Founder and CEO

• Jagdeep Sidhu is a serial entrepreneur and investor with a deep understanding of blockchain technology.
• Prior to Syscoin, he founded several successful technology companies, including Platfora (acquired by Informatica) and Qunar (a Chinese travel search engine).
• As the CEO of Syscoin, Sidhu is responsible for the overall strategic direction and growth of the company.
• He is also an active advocate for blockchain adoption and has spoken at numerous industry events.

Mihai Alisie - Co-Founder and COO

• Mihai Alisie is a seasoned blockchain developer and entrepreneur.
• He has over a decade of experience in software development, specializing in distributed systems and cryptography.
• Alisie is responsible for Syscoin's technical architecture and implementation.
• He is also actively involved in the Syscoin community and regularly engages with developers and users.

Sebastian Schepis - Co-Founder and CTO

• Sebastian Schepis is an accomplished software engineer and blockchain expert.
• He has been involved in blockchain development since 2011 and has contributed to several open-source projects.
• Schepis is responsible for Syscoin's core development and security.
• He is also a core contributor to the Syscoin network and regularly interacts with the community.

The Founding Team's Vision

The Syscoin founding team's vision was to create a blockchain platform that could bridge the gap between Bitcoin and Ethereum. They believed that Bitcoin's security was essential for any blockchain platform, but that Ethereum's smart contract functionality was also critical for widespread adoption.

Syscoin was designed to offer the best of both worlds, providing a secure and decentralized platform for building and deploying smart contracts, tokens, and other blockchain-based applications.

The Syscoin Platform

Syscoin's platform consists of two main layers:

• Z-DAG (Zero-Confirmation Directed Acyclic Graph): This layer provides instant and near-zero-cost transactions.
• Bitcoin Core: This layer provides the underlying security and consensus mechanism.

Syscoin's unique dual-layer architecture allows it to offer a combination of security, scalability, and flexibility that is unmatched by other blockchain platforms.