Synereo Unveils Inner Workings of Decentralized ‘RChain’ Platform
Synereo, the Israeli blockchain computing platform best known for its decentralized social network, is releasing more details about the full technology stack it plans to release later next year. Synereo is also about to embark on another stage of its fundraising drive with a token offering to follow the one it did in 2015, and is offering rewards to developers wishing to build apps for the platform. The Stack. The company revealed that its platform will consist of four layers: the blockchain layer it calls RChain, a system for distributed content storage and delivery across the network....
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Israel-based blockchain 2.0 company Synereo recently announced some new innovations and a successful funding campaign raising $4.7 million USD. Now the firm is broadly changing its outlook to “fundamentally redesign the way the internet works.” Synereo Raises $4.7 Million to Expand and Scale. The blockchain startup says it’s now planning on creating a....
Decentralized computing startup Synereo has revealed more details about its Technology Stack, as it also prepares for another fundraising campaign. Synereo said the Technology Stack, which is still a work in progress, is scheduled for full release in Q4 2017. The Tel Aviv-based project has been quietly simmering in the background for over two years. It claims to be the first such platform that will allow the kind of "industrial scale" decentralized computation and storage to run applications like its social network platform of the same name, which recently went live as an alpha.....
Decentralized social media platform, Synereo, disclosed a 4-layer tech stack that would power its system, with RChain to replace Blockchain. It’s yet to see how efficient the proposed model will be by comparison with Facebook and Twitter. Aside the general knowledge of decentralized platforms as seen in Diaspora*, Steemit and others, not much is known about Synereo which aims to be the first fully decentralized social network based on principles of the attention economy. Existing Blockchains can’t support the network. According to Synereo’s own paper, Bitcoin, Ethereum and other....
“With current social networks, you are not the client. You are the product being sold.” Synereo opened their official announcement with the above messaging, a bold statement about the current state of social media. Built to be decentralized, Synereo wants to change social networking for the better, rewarding their user base along the way. Synereo approaches ads on social media quite differently than others currently in the market. Instead of adhering to the traditional model of unsolicited advertisements, Synereo believes user attention is worth paying for.
Synereo is back in the spotlight with another crowdsale, which is being coupled with the release of the alpha model of their decentralized social media platform. The crowdsale has been much covered, and is really nothing new, but their social network and the technology behind it still appear to be widely misunderstood. This is the first of a two-article series designed to change that. Synereo has been around for a little while, and raised the equivalent of $126,000 in their initial AMP crowdsale last year. Since then, they’ve been relatively quiet, and I was surprised to hear they plan to....