There is an ongoing 1:1 migration from ERC20 NOIA Token to ERC20 SYNT Token. Please rely only on the official links when going through the process. Check their announcement and FAQ.
There is an ongoing 1:1 migration from ERC20 NOIA Token to ERC20 SYNT Token. Please rely only on the official links when going through the process. Check their announcement and FAQ.
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Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between blockchains. Synternet’s AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain.
What is Synternet?
Synternet (SYNT) is revolutionizing the blockchain landscape by providing a modular, interoperable data infrastructure across all major chains. At its core, Synternet is not just a blockchain but a comprehensive protocol designed to enhance data interoperability and modularity. The Synternet Network is powered by its native cryptocurrency, SYNT, which plays a crucial role in both the blockchain and the Data Layer.
The protocol is built around three main components: the App Chain, the Data Layer, and the PubSub protocol. The App Chain allows developers to create decentralized applications that can interact seamlessly with various blockchains. The Data Layer serves as a customizable execution layer, enabling the integration and execution of data from different chains. The PubSub protocol facilitates efficient data distribution and communication across the network.
Synternet's Autonomous Economic Agents (AEAs) empower developers to build composable, use-case-specific applications. These AEAs can execute on any data from any chain, providing unparalleled flexibility and functionality. This makes Synternet a versatile tool for developers looking to create innovative blockchain solutions.
Partnerships with Mantis and the Interchain Ecosystem further enhance Synternet's capabilities, ensuring robust interoperability and expanding its reach within the blockchain community. The network's design aims to break down silos between different blockchains, fostering a more connected and efficient ecosystem.
What is the technology behind Synternet?
Synternet, with its ticker SYNT, represents a groundbreaking approach in the blockchain ecosystem, focusing on modular and interoperable data infrastructure. At the heart of Synternet lies the Synternet Data Layer protocol, which employs a Publish-Subscribe mechanism and a decentralized system for data delivery services. This protocol acts as a customizable execution layer between various blockchains, allowing seamless data interaction across different chains.
The Synternet blockchain is designed to prevent attacks from bad actors through its robust security measures. One of the key features is its decentralized nature, which eliminates single points of failure. This decentralization ensures that no single entity has control over the entire network, making it significantly harder for malicious actors to compromise the system. Additionally, the blockchain uses cryptographic techniques to secure data and transactions, ensuring that any attempt to alter information is easily detectable and preventable.
A unique aspect of Synternet is its use of Autonomous Economic Agents (AEAs). These AEAs enable developers to create composable, use-case-specific applications that can execute on data from any blockchain. This flexibility allows for a wide range of applications, from decentralized finance (DeFi) to supply chain management, all leveraging the same underlying infrastructure.
The Synternet token (SYNT) serves as the native cryptocurrency and protocol token of the Synternet Network. It facilitates transactions within the network, incentivizes participants, and ensures the smooth operation of the decentralized system. The tokenomics of SYNT are designed to promote network growth and stability, rewarding users who contribute to the network's security and functionality.
In terms of data delivery, the Publish-Subscribe protocol used by Synternet allows for efficient and reliable data dissemination. This protocol ensures that data is only sent to subscribers who have expressed interest in specific information, reducing unnecessary data traffic and improving overall network efficiency. This method is particularly useful in scenarios where real-time data updates are crucial, such as in financial markets or IoT applications.
Furthermore, Synternet's modular architecture allows for easy integration with existing blockchain systems. This interoperability is crucial for creating a cohesive ecosystem where data can flow freely between different platforms. By enabling this level of connectivity, Synternet is revolutionizing the way data is accessed and utilized in the cryptocurrency world.
The Synternet Data Layer also provides a high level of customization, allowing developers to tailor the protocol to their specific needs. This flexibility is essential for addressing the diverse requirements of various industries and applications. Whether it's optimizing data storage, enhancing security measures, or improving transaction speeds, the Synternet Data Layer can be adapted to meet these challenges.
In addition to its technical capabilities, Synternet emphasizes community involvement and open-source development. By encouraging collaboration and transparency, the project aims to foster innovation and drive the adoption of decentralized technologies. This approach not only enhances the network's resilience but also ensures that it evolves in response to the needs of its users.
The combination of these features makes Synternet a powerful tool for building the next generation of decentralized applications. Its focus on interoperability, security, and efficiency positions it as a key player in the blockchain space, offering a versatile and robust solution for managing data across multiple chains.
What are the real-world applications of Synternet?
Synternet (SYNT) is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between blockchains. This unique structure allows Synternet to offer several real-world applications, making it a versatile tool in the blockchain ecosystem.
One significant application of Synternet is providing a solution for decentralized data access. By enabling developers to build cross-chain decentralized applications (dApps) through composable data streams, Synternet facilitates seamless data sharing across multiple blockchains. This capability is particularly valuable in the context of decentralized finance (DeFi), where data from various sources must be integrated efficiently and securely.
Moreover, Synternet's Autonomous Economic Agents (AEAs) empower developers to create composable, use-case-specific applications. These AEAs can execute on any data from any chain, making them highly adaptable for various purposes. For instance, in the realm of in-game economies and non-fungible tokens (NFTs), Synternet can manage and transfer digital assets across different platforms, enhancing the user experience and expanding the potential for digital collectibles.
Another practical application is in governance. Synternet's infrastructure supports decentralized governance models, allowing communities to make decisions collectively and transparently. This is crucial for projects that rely on community input and consensus to evolve and grow.
Additionally, Synternet offers a lifetime account for a one-time payment of $99, making it accessible for developers and users alike. This affordability has encouraged its use in hackathons and by developers on platforms such as GitHub, fostering innovation and collaboration within the blockchain community.
In summary, Synternet's real-world applications span decentralized data access, cross-chain dApps, in-game economies, NFTs, DeFi, and governance. Its modular and interoperable infrastructure, combined with the flexibility of AEAs, positions it as a valuable asset in the evolving landscape of blockchain technology.
What key events have there been for Synternet?
Synternet, a blockchain designed to power modular and interoperable data infrastructure across major chains, has seen several pivotal events shaping its trajectory. At its core, Synternet's Data Layer protocol serves as a customizable execution layer between blockchains, enabling developers to build composable, use-case-specific applications through Autonomous Economic Agents (AEAs).
One of the significant milestones for Synternet was the launch of its mainnet on the Cosmos platform. This event marked a crucial step in its mission to revolutionize Web3 by providing modular and interoperable data solutions. The mainnet launch facilitated the deployment of Synternet's Publish-Subscribe protocol, which allows real-time data dissemination across various blockchain networks.
Another key development was the introduction of the Pikes Peak Roadmap. This ambitious plan outlines Synternet's future goals, focusing on disrupting centralized data silos and enhancing real-time data solutions for Web3 developers. The roadmap includes various phases aimed at expanding the platform's capabilities and integrating more advanced features.
The launch of the SYNT Bridge was another pivotal event. This bridge enables seamless interoperability between Synternet and other blockchain networks, enhancing the platform's utility and accessibility. By facilitating cross-chain transactions and data sharing, the SYNT Bridge plays a crucial role in Synternet's ecosystem.
Synternet has also made strides in expanding its reach through new exchange listings. These listings have increased the visibility and accessibility of SYNT, allowing a broader audience to participate in the Synternet ecosystem. The increased liquidity and trading options have further solidified SYNT's position in the cryptocurrency market.
Partnerships have been instrumental in Synternet's growth. Collaborations with Mantis and the Interchain Ecosystem have brought additional expertise and resources to the platform. These partnerships aim to enhance Synternet's technological capabilities and broaden its application scope, fostering a more robust and versatile ecosystem.
Synternet's application-specific chain, powered by its utility token SYNT, offers a tailored environment for developers to create specialized applications. This chain is designed to handle specific use cases, providing optimized performance and functionality for various decentralized applications.
In its quest to provide real-time data solutions for Web3 developers, Synternet has focused on creating a modular and interoperable data infrastructure. This infrastructure allows for seamless integration and execution of data across different blockchain networks, empowering developers to build innovative and efficient applications.
Synternet's journey is marked by significant milestones that have collectively advanced its mission to revolutionize Web3. From the mainnet launch on Cosmos to the introduction of the SYNT Bridge and strategic partnerships, each event has contributed to the platform's growth and development.
Who are the founders of Synternet?
Synternet (SYNT) is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between blockchains. The founders of Synternet include Domas Povilauskas, Kipras Kazlauskas, Domantas Jaskunas, Jonas Simanavicius, Justinas Valutavicius, and William Norton. Each founder brings a unique background to the project, contributing to its innovative approach. The current CEO, Daniel Haudenschild, leads the initiative, ensuring the development of Synternet’s AEAs (Autonomous Economic Agents), which empower developers to build composable, use-case-specific applications that can execute on any data from any chain.
The live Synternet price today is $0.032843 USD with a 24-hour trading volume of $2,972,853 USD. We update our SYNT to USD price in real-time. Synternet is up 2.09% in the last 24 hours. The current CoinMarketCap ranking is #909, with a live market cap of $21,525,752 USD. It has a circulating supply of 655,416,563 SYNT coins and the max. supply is not available.