There are constant updates in the crypto space, so it is no surprise that Syscoin, a decentralized and open-source project, launched its smart-contract chain that combines the “best features of the top two cryptocurrencies,” as stated by lead core developer Jagdeep Sidh With the established 1,317,500th block, Phase 1 of Syscoin’s plan of creating a hybrid of Bitcoin and Ethereum has commenced. The idea is to forgo gas fees in Ethereum that keep ping-ponging around, as well as improve and resolve the ecological concerns around Bitcoin’s proof-of-work (PoW) mining that continue to be a challenge for many in the space.