Syscoin Launches Network Rollup Facility

Syscoin | June 13, 2022

Syscoin, a cutting-edge base layer protocol that incorporates the composability of Ethereum-style smart contracts with the Bitcoin Network's industry-leading security, announced today the upcoming release of Rollux, a suite of developer-ready scaling solutions for developing decentralized applications at the speed of Web2 architectures.

“At Syscoin, we are constantly improving the architecture of our platform to offer the most capable solution for developers who want to build with Bitcoin’s security, Ethereum’s flexibility, and, beginning today, Syscoin’s own scaling solutions. The launch of our in-house Layer 2 rollup suite marks a major milestone in the evolution of the Syscoin Network toward being the ultimate foundation for applications aimed at individuals, global enterprises and even governments around the world.”

Jag Sidhu, Syscoin Foundation’s lead developer and president

Moreover, Syscoin uses its unique Proof-of-Data-Availability (PoDA) breakthrough with Rollux to secure accessible off-chain data for rollups. Apart from Ethereum, Syscoin will be one of the first chains to host optimistic rollups and the only one to use Bitcoin's gold-standard proof-of-work hashing for its own security. As Ethereum evolves toward a proof-of-stake consensus paradigm, this difference will become more relevant.

Syscoin's development plan is divided into three segments. The first phase concluded in December with the release of Syscoin's Network-Enabled Virtual Machine (NEVM). Syscoin's NEVM parallel Layer 1 chain allows developers to construct Ethereum-compatible, smart-contract-based decentralized apps on the Syscoin Network. Rollux is Syscoin's in-house Layer 2 rollup suite and marks the next step in the company's evolution.

Rollux will provide scaling solutions to applications that use the Syscoin Platform foundation layer in order to provide decentralized services at Web2-like speeds. Furthermore, the Rollux suite will be a comprehensive Layer 2 solution that covers the full range of scaling methods. Rollux will first provide Optimistic rollouts before extending to include ZK rollups when they become practicable.

When it is released, Rollux's optimistic rollup utility will use modular scaling technologies to provide the most efficient, cost-effective, scalable, and secure Layer 2 available. Syscoin will unleash performance and scalability 50 times that of existing Layer 2s and 5000 times that of the Ethereum mainnet with direct EVM counterparts like Arbitrum's Nitro and Optimism's Cannon. This powerful platform will continue to progress the sector for many years to come, ultimately ushering in stateless Layer 2 systems that offer a significant advancement in scalability and security.

Syscoin Rollux will represent the cutting edge of scaling technology for Solidity-based smart contracts, with Layer 2 scaling coupled to Bitcoin's security standard. Moreover, since the smart contract layer is entirely EVM-compatible, it will be straightforward to onboard applications from Ethereum that want to add Bitcoin's security at scale. Finally, since the non-profit Syscoin Foundation is releasing the Rollux suite, the project will avoid charging excessive fees and using token schemes that add friction and costs to consumers.


Dashlane Business supports login with single sign-on (SSO), using any SAML 2.0 enabled IdP. In a single-sign-on setup, the user doesn’t have to input UserMP . Instead, a random key is generated at account creation. This key (the data encryption key) is delivered to the Dashlane app after the user successfully logs in to the IdP, and it is used as a symmetric encryption key to encrypt and decrypt the user data.

Other News

Cyber Security & Cloud North America – New Line-Up Speakers Announced

TechEx Events Ltd | April 17, 2023

The Cyber Security & Cloud Congress North America (17-18th May) has announced exciting new additions to its line-up of speakers and panellists for the upcoming two-day event in Santa Clara. The event will take place on May 17th and 18th, 2023, and will feature a diverse range of tech industry experts, including CIOs, CTOs, Cyber Security, Cloud Architects, and other key players in the field. Attendees will have a great opportunity to hear from the most talented speakers including: Prasanna P., Digital Transformation Leader – Enterprise Architecture & Enterprise Strategy Leader – Molina Healthcare Shea Lovan, Chief Security Officer – UC Santa Barbara Sachin Vaidya, EVP Chief Information Officer of Heritage – Bank of Commerce Kishore Viswanathan, Senior Technical Program Manager, Cybersecurity and Compliance – Lucid Motors Sameh Emam, Division Risk Manager – Union Bank Kavitha Venkataswamy, Director – Digital Product Security – Capital One Richard Paz, CISM, Cyber Security Engineer – NASA Jet Propulsion Laboratory & many more! In addition to these keynote speakers, the event will also feature several panel discussions covering a wide range of topics, including Zero Trust, Threat Detection & Response, Training, Talent & Culture, Identity & Access Management, Application Security, Data Security and more. Attendees will have the opportunity to network with other industry professionals and gain valuable insights into the latest trends and technologies shaping the cybersecurity and cloud technology landscape. The Cyber & Cloud Congress North America promises to be a knowledge-packed, innovative, and engaging event for all those interested in Cyber Security and Cloud technology, but also the newest technology solutions, products and services that will be showcased during the event. “We are thrilled to have such an outstanding group of speakers joining us for the Cyber & Cloud Expo,” said Lia Richards, Head of Conference. “With their diverse backgrounds and extensive experience, they will bring a wealth of knowledge and insights to our attendees. We look forward to hearing their perspectives on the most pressing issues facing the industry today”. WHAT ELSE TO EXPECT? Over the course of two days at Cyber Security & Cloud Congress North America attendees will have a great number of opportunities to visit exhibition stalls and connect with the representatives of some of the world’s biggest brands including IBM, IDC, Bosh, AWS, Zoho and many more, all implementing the latest in Cyber Security & Cloud technologies within their sectors. Paying attendees will also have a chance to join the networking party event following Day 1 of the conference, where all will be able to connect and network in a more relaxed setting, with free food and drinks provided. This opportunity is open for Gold and Ultimate Pass Holders, Speakers, Press, Sponsors, and Exhibitors. Find out more information here: Early-bird registration offering 25% discount of the full ticket price is open until 17th April, and interested attendees are encouraged to secure their tickets before the offer ends to avoid missing out on this exciting opportunity. Follow this link to discover ticket types and prices: About TechEx Events Ltd The TechEx Event portfolio is an international conference and tech showcasing cutting-edge tech innovation in enterprise. Featuring real-life use cases and in-depth industry insights, the event series delves into the AI, Big Data, Blockchain, Cyber Security, 5G, IoT and Edge Computing ecosystems. Running for over six years, our co-located events strengths lie within our expert community. We bring the heroes responsible for pushing game changing tech and strategy together, to craft relationships and creative solutions. We are the place where networking never stops – The one-stop-shop for enterprise innovators.

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Dashlane Business supports login with single sign-on (SSO), using any SAML 2.0 enabled IdP. In a single-sign-on setup, the user doesn’t have to input UserMP . Instead, a random key is generated at account creation. This key (the data encryption key) is delivered to the Dashlane app after the user successfully logs in to the IdP, and it is used as a symmetric encryption key to encrypt and decrypt the user data.