SYNTRUM - A distinctive dimension of True Interoperabilty

in #syntrum2 years ago (edited)

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PREFACE

The term "Interoperability" opens up numerous opportunities for users and developers in between blockchains. Syntrum posses that qualities of being a multi-layer blockchain infrastructure and ecosystem designed with economic consideration, scalability, and interoperability at its core.

It regardless provides developers and projects with the essential tools and services to build and grow their ventures cost-effective technique.

It uses a unique combination of Proof of Staked Authority (PoSA) and Proof of Value (PoV) consensus mechanisms to achieve gasless transactions and real-time interoperability without the need for layer 2 bridge applications. With supernodes validating blocks on parallel networks, Syntrum ensures true interoperability in real-time, while ensuring robust network security

ITS DISTINCTIVE FEATURES

In this section, I'll be discussing about the use cases of Syntrum. Firstly, SYT is the native token of the Syntrum blockchain and ecosystem and the list goes thus;

Blockchain Gas Fees

SYT tokens serve as a means of payment for transactions within the Syntrum network, they are used to incentivize network nodes to validate blocks on the Syntrum blockchain network, thereby preserving network decentralization.

Access To Technological Services And Dapp Features

SYT provides access to various services, products, and features within the Syntrum ecosystem, enabling users to utilize the platform's technology and advanced features.

Voting And Governance

SYT can be used to participate in decentralized governance and decision-making processes within the Syntrum ecosystem, giving token holders a say in the direction and development of the network.

OTHER USE CASES FOR THE SYNTRUM TOKEN INCLUDE:
Means Of Exchange

SYT serves as a medium of exchange on the Syntrum ecosystem's peer-to-peer NFT marketplace and game hub.

Incentives For Participants And Dapp Users

SYT serves as a reward for users who participate in the network's staking consensus mechanism, contributing to network security. It is also used to reward users of Syntrum's dApps, including play-to-earn and staking dApps.

TALKING ABOUT THE SYNTRUM CHAIN

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Syntrum is a cutting-edge, multi-layer blockchain infrastructure and ecosystem designed with scalability, interoperability, and cost-effectiveness in mind. It provides developers and projects with the tools and services they need to grow and succeed.

Syntrum uses a unique blend of Proof of Staked Authority (PoSA) and Proof of Value (PoV) consensus mechanisms to achieve gasless transactions while eliminating network spamming and real-time multi-network synchronization through its network mirroring technology. This results in seamless interoperability between decentralized applications on different blockchains without the need for layer 2 bridge solutions.

Say goodbye to the vulnerabilities and single points of failure posed by centralized, unsecured bridge solutions. With Syntrum's blockchain, applications can achieve true interoperability in real-time, without the need to be deployed on multiple chains. Users can enjoy the features of any dApp without having to move their crypto assets. This is the future of blockchain interoperability and transversal dApps.

TOKENOMICS

The Syntrum project has been in existence since early 2021 with a total supply of 500M. Circulating supply can not yet be determined as the launching is scheduled to commence this Q1 of 2023. Below are other allocations for different segments.

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Allocation's Lockup and Vesting

Team’s allocation is locked for 2 years, with 5% emission quarterly after 2 years.

Partnership and development fund is locked up. Max. of 10% can be emitted at a time and on community vote

Foundation allocation is locked. The committee is set and the community votes for any unlock.

ROADMAPS

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As expressed earlier, Syntrum has been in the pipeline since 2021, you can see that in the pictorial displayed above.

With a lot of work already scheduled for 2023. Q1 seems to be the quarter most and a big part of the plane lands.

This includes:
Mainnet Deployment on multiple blockchains
Mobile App integration
The Token Generation Event (TGE)
Token listing on both CEXs and DEXs across supported blockchains etc.

For more information and a better understanding of the roadmaps procedure, kindly go here: https://docs.syntrum.com/roadmap

OTHER USEFUL LINKS
Website: https://www.syntrum.com/
Medium: https://www.syntrum.com/
Twitter: https://twitter.com/0xSyntrum
Facebook: https://www.facebook.com/syntrum/
ANN Thread Link: https://bitcointalk.org/index.php?topic=5444835.0

For community engagements, access any of these links below:
Telegram: https://t.me/syntrum
Discord: https://discord.gg/zYCvw2qC6V

CREATOR'S DETAILS
Bitcointalk Username: Bollexz1
Bitcointalk Profile Link: https://bitcointalk.org/index.php?topic=5444775.msg61958243#msg61958243
Wallet Address: 0x5e359a7EF7dcA178C78a37892b89d71422F4DE91

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