Syscoin Encrypted Messaging Service

Syscoin 3.0: The New Blockchain Application Development Platform for Leaders, Inventors, and Innovators.

We are happy to introduce a suite of new tools for creating custom blockchain applications with Syscoin 3.0. These provide flexibility, scalability, minimize blockchain bloat, and allow for smaller application footprints. These tools enable additional functionality alongside the Syscoin Core and can be used on custom projects and applications with cross-platform blockchain security, signing, and identity capabilities. Functions that bloat or slow down the blockchain have been abstracted from the core as optional libraries to allow for separation of concerns and parallel execution — all hashed and anchored to the blockchain. By providing these types of tools we can build a larger and more robust ecosystem around Syscoin and its services.

Syscoin Encrypted Messaging Service

Syscoin’s encrypted messaging system is designed to create a secure and unbreakable messaging platform that is anchored to the blockchain. Messages require a transaction fee for each message, and can be stored free for an arbitrary length of time, or permanently for an additional fee. Optional ephemeral messaging can increase security if keys or end-points are ever compromised; messages can be removed after an arbitrary length of time, and cannot be mined for data by nefarious parties if they no longer exist. Messages are encrypted using blockchain authentication and use an asymmetrical ECEIS public/private key scheme, secured by an identity system. Message size and rate can be limited to prevent spamming and DDOS attacks.

Off-Chain Encrypted Messaging

Encrypted Messaging for Blockmarket

Using Syscoin’s encrypted messaging system will offer a much faster, cheaper and richer messaging experience within Blockmarket 3 than our previous service. Messages are now instant and indicate if a message is read or unread, with increased usability, better user experience, and more capabilities. Messages are encrypted to your public/private key, hashed and stored in a distributed cloud service provided by Blockchain Foundry and anchored to the Syscoin blockchain.

Syscoin Encrypted Messaging

Future Capabilities

In the coming months of development we plan to add additional functionality to Syscoin encrypted messaging service. With the new messaging system it is now possible to implement optional email notifications for specific events on Blockmarket such as notification of a sale or an escrow request. We may also add image support, enhanced (HTML) messages, attachments, export messages to a file for safekeeping, and even support direct phone calls and text messages.

In the initial Syscoin 3.0 release, messages will be stored for free for 30 days but we will be implementing an optional fee to save messages for longer than 30 days in later updates.

Developer and Enterprise Resources

Blockchain Foundry, Inc. will be offering developer access to the Syscoin 3.0 suite of blockchain development tools for free for qualified projects upon request, and enterprise licensing for larger scale use-cases.

This post is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory, trading or other services by Syscoin, the Syscoin team, or Blockchain Foundry, Inc. No reference to any specific token constitutes a recommendation to buy, sell, or hold that token. Nothing in this post shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice trading or other service to any person in any jurisdiction. Nothing contained in this post constitutes investment advice or offers any opinion with respect to the suitability of any token. The views expressed on this website should not be taken as advice to buy, sell, or hold any token or security. Blockchain Foundry, Inc, Syscoin, and the Syscoin team are not involved in or facilitating any crowdfunding activities, trading of tokens, coins, ICOs (Initial Coin Offerings), OR assets, dealing IN securities, OR trading of securities as agent or principal. Syscoin, the Syscoin team, and Blockchain Foundry, Inc. are not providing a crowdfunding portal or platform.

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