Syscoin and SupraOracles Join Forces to Onboard the World to Web3

Eindhoven, NETHERLANDS, February 6, 2023, Syscoin, the Layer 1 blockchain bringing Ethereum Virtual Machine (EVM) capabilities to the Bitcoin Network, has announced a strategic partnership with SupraOracles, the world’s premier oracle solution. The collaboration between the two companies will offer a platform for building the fastest, most trustworthy and secure Web3 apps.

The partnership between Syscoin and SupraOracles will involve sharing resources to support mutual growth. Syscoin will also benefit from SupraOracles’ rapid finality oracle services, while SupraOracles will assist in the implementation of ZKPs (Zero-Knowledge Proofs) for scalability, particularly for Syscoin’s zkEVM, which is fully compliant with current regulations.

Oracles play a vital role in Web3 projects. Developers require oracles to securely connect their decentralized applications to accurate data sources, both from other blockchains and the real world. SupraOracles sets itself apart by providing quicker finality, with response times of 3.5 seconds compared to 120 seconds offered by Chainlink. In addition, the solution is fully decentralized, ultrafast, massively scalable and secure, making it the ideal partner for Syscoin’s rollup layers.

“Syscoin is on a quest to create innovative technology that scales the fundamental principles of blockchain to meet the needs of a large global population. We are with them on this journey as a partner and share the same vision,” said Joshua D. Tobkin, CEO and Co-founder of SupraOracles.

“We are combining Ethereum’s strengths with Nakamoto’s original design for Bitcoin. By doing this, we want to open up new possibilities for a decentralized, data-driven society where Web3 benefits everyone. SupraOracles’ synchronization with us makes us thrilled,” said Jagdeep Sidhu, President and Lead Developer of Syscoin.

Syscoin’s roadmap includes the deployment of ZK-Rollups, Optimistic Rollups, Validium, and DAOSYS, a DAO that offers governance-free treasury management and self-sovereignty for all members. By merging mining with Bitcoin and transferring power to the EVM chain to settle payments on Layer-2, Syscoin aims to become the industry’s only full blockchain tech stack.

About SupraOracles

SupraOracles aims to connect traditional capital markets with the Web3 environment. We aim to provide a revolutionary oracle toolset to the developer community, allowing them to easily construct, deploy, and manage data applications with superior performance, robustness, and agility.

SupraOracles wants to solve the oracle conundrum and eventually power the future of finance with the help of our developer community and an increasing number of partners.

About Syscoin

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

Syscoin is ushering in the next step in the evolution of blockchain technology, providing Bitcoin’s proven security and Ethereum’s Turing-complete programmability elevated to true scalability via Optimistic, ZK-Rollups, Cross-chain ZK-Rollups and other Layer2 technologies.

Syscoin Mission
Syscoin builds leading-edge technology that scales blockchain’s original core values to meet the demands of a global population.

Syscoin Vision

We envision worlds of unprecedented financial inclusivity, and environmental and financial economies of scale. Worlds where all individuals and enterprises have unmatched freedom to benefit from Web3 and beyond.

Syscoin brings worlds together by uniting Satoshi Nakamoto’s original vision for Bitcoin with Ethereum’s functionality, to create new opportunities for a decentralized data-driven world.

Media Contact

Dylan Stewart

Email – [email protected]

Elijah Phoenix

Email – [email protected]

PR –

Email – [email protected]

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]


Clear Comfort Night Guards Offers Free Impression Kits With Each Of Their Mouthguard Orders To Create Custom Dental Guards For Each Client

The California-based dental lab sends clients impression kits with detailed instructions so clients can create accurate impression models of their teeth. California, USA, 20th March...

Z Finance Solutions Hosts Frequent Real Estate Educational Webinars to Assist First Time Home Buyers in Texas

Offering home financing and realtor services to the residents of Texas, Z Finance Solution is also facilitating first-time homebuyers by sharing useful strategies and...

For Over Four Decades, Airplus Refrigeration Inc. Has Been Catering to Its Clients’ Repair and Maintenance Needs with Same-Day Service in West Hills, California

The refrigeration service provider offers ice machine installation, wine cellar installation, and refrigeration unit repairs in California. West Hills, California, 15th January 2023, ZEXPRWIRE, HVAC systems,...

TYMMI, A Music College in Abu Dhabi, Offers Piano Lessons for Beginners and Enthusiasts.

Abu Dhabi-based music institute provides piano lessons and masterclasses to people of all ages and levels. Abu Dhabi, UAE, 3rd April 2023, ZEXPRWIRE, The piano is...

Chiron Investigation Launches Comprehensive Crypto Recovery Solutions to Assist Victims of Cybercrime

Dartford, United Kingdom, 19th Jan 2023 – Chiron Investigation, a leading provider of cryptocurrency recovery services, is proud to announce the launch of its...

Get Hair Extensions From Pinup Studio Hair Salon In Raleigh

Raleigh, NC, 1st December 2022, ZEXPRWIRE, Pinup Studio, a hair and beauty salon serving the Raleigh, NC region, is offering quality hair extension services...

A revolutionary service to recover stolen funds has been launched by a Chiron Investigations.

Dartford, United Kingdom, 25th Mar 2023, King NewsWire – An innovative service has been introduced by a Chiron Investigations, which aims to assist those...

New Book “W.O.R.T.H.Y WOMEN: Who Are of The Righteous Devotional” Shares Inspiring Stories of Women Who Overcame Challenges

Chi Smith Worldwide and Barnett Publishing are releasing a new book titled “W.O.R.T.H.Y WOMEN: Who Are of The Righteous Devotional” in April 2023. The...