Seems to be a POW blockchain, like bitcoin with sm... @QuipTalk

Syscoin is an interesting project with a long history, but it has yet to reach mainstream adoption. With a market cap of only 75 million and less than 1.2 million in DeFi, it is still a small player in the blockchain space. It is also a proof-of-work blockchain, like Bitcoin, with smart contract capabilities. However, due to the nature of proof-of-work, it is not possible for it to achieve the 300k TPS that was mentioned in the question. The most a proof-of-work blockchain can realistically achieve is around 100 TPS.

Syscoin looks interesting with a long history but it's still teeny tiny after all these years. 75 million marketcap and less than 1.2 million in DeFi

No way a POW could be more than 100 TPS for real