About Syntropy

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Network & Addresses

Network
Address

Ethereum

0xa8c8CfB141A3bB59FEA1E2ea6B79b5ECBCD7b6ca

Price history

Time
Price
Change
Today
€0.00
NaN%
1 Day
€0.00
0.00%
1 Week
€0.0011
0.00%
1 Month
€0.0017
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1 Year
€0.0243
0.00%

FAQ

Syntropy is a blockchain-based alternate connectivity system designed to solve issues facing the existing internet framework. According to the whitepaper, the connectivity system intends to solve issues related to security, privacy, performance, governance, and resource optimization. Syntropy combines various technologies, including blockchain, optimized routing, encryption, etc., to deploy its architecture. Moreover, the connectivity system is designed to transform the public internet through a unifying layer to deliver optimum performance. 

Syntropy boasts compatibility with existing internet protocols via a programmability layer. The layer seeks to ensure resource optimization, removing bottlenecks and shortcomings of the prevalent framework. The connectivity system functions as an open-source ecosystem that harbors applications facilitating technology systems. The ecosystem is powered by a native digital asset, enabling a decentralized economy catering to a large number of community members and node infrastructure developers. Blockchain nodes are interconnected network servers that exchange information continuously. 

The Syntropy network is established on the Substrate framework, using the nominated proof of stake (NPoS). NPoS is a modified PoS algorithm deployed on thePolkadot blockchain network. The modified algorithm functions as a baseline governance layer designed to sustain DARP, the decentralized autonomous protocol of the network. Syntropy uses the protocol to analyze and comprehend internet pathways. 

NOIA is a cryptocurrency that powers Syntropy’s value-based economy. Syntropy uses the token to collect fees from users for all transactions executed on the network. Similarly, NOIA seeks to incentivize the network's operation and use by accounting for all data passed via it in tokens that reflect units of value. Moreover, Syntropy allows users to become NPoS validators by staking NOIA tokens and earning rewards for the same. 

Syntropy was cofounded in 2017 by Dom Povilauskas, William Norton, and Jonas Simanavicius. Povilauskas is the CEO of Syntropy, while Norton and Simanavicius are chief technical liaison and CTO, respectively. The core team includes CRO Jeff Lacouture and CMO Kevin Gavin, apart from the cofounders. NOIA has a maximum total supply of 1 trillion tokens, 15% of which is reserved for the reward pool and 50% for staking. 

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Social stats

Popularity in posts

#1698

Contributors

20

Posts

73

% About Syntropy

0.005%

Articles

0

X (Twitter)

46.67% bullish

Sentiment

4.3 ★

Highlights

20 unique individuals are talking about Syntropy and it is ranked #1,698 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Syntropy has an average sentiment score of 4.3 out of 5. Finally, Syntropy is becoming less newsworthy, with 0 news articles published about Syntropy.

On Twitter, people are mostly bullish about Syntropy. There were 56% of tweets with bullish sentiment compared to 20% of tweets with a bearish sentiment about Syntropy. 44% of tweets were neutral about Syntropy. These sentiments are based on 30 tweets.

On Reddit, Syntropy was mentioned in 42 Reddit posts and there were 670 comments about Syntropy. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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