Synereo

What is Synereo?

Synereo is a decentralized distributed social network built on the blockchain platform, whose target is the attention economy. The goal behind the Synereo project is to build a project that encourages users to curate online content that is actionable, relevant and adds value to the audience.

Therefore, by a long shot, Synereo aims to make the internet a better place in terms of content and value addition.

What is the problem that Synereo Solves?

There is a lot of buzz about social media, ever since the likes of Facebook and Twitter came alive. A lot of projects release their manifestos, advertising what they plan to offer to their audience should they come on board. This has been evident, especially given the divergent shift from mainstream media to social media. The focus here has always been about user-generated content. All the control is given to the users, or at least the users are made to think so.

However, while there was a shift from mainstream media to social media, ownership of the service still remains a challenge. Of course, the people do produce the content needed on these networks. However, even with content from users, the social media service is still in the hands of an authority, and this is where things go wrong.

Given the kind of control that service providers have over the social platforms, they constantly find themselves at an advantage, running psychological experiments on the users from time to time through their feeds. This is done in three ways:

  • Selling critical information and personally identifiable data about the users to the highest bidder
  • Making user data available to spooks
  • Invasion of user privacy, and wanton misuse of access to privileged data about the users, without their consent

Given the challenges described above, there is a need for social media users to get back control not just over their accounts, but over the services that they are using as well. Data should no longer be centralized. Distributed data is one of the safest ways of protecting user accounts and data.

The social media industry is facing a revolution, similar to what the music industry has gone through. At the moment in the music industry, it is possible to build your own professional studio in your house. The same changes are happening in the social media space.

This is where technology is. Users are fast coming to terms with the fact that massive data centers are no longer necessary. The environmental impact notwithstanding, people need to start engaging and interacting with data as a service.

Bearing this in mind, therefore, the service providers are currently not serving up a plan in their manifestos, but an attitude. They offer a promise without truly telling their audience how they plan to go about it, or how they plan to achieve the goals that they have outlined.

At best, they are asking social media users to put their trust in them, yet that is not what people are currently looking for. What the audience needs is an engaging platform where they are informed of how they can play an active role in the development of the services they are using, and more importantly, how these will meet their innate goals.

How does Synereo Solve the problem?

Contrary to what most projects are offering about their plans for social media, Synereo presents an attention model that anyone who is motivated can interact with, or even build. Synereo also highlights how an attention model can be realized, and how to integrate it into an attention economy, on a distributed network.

The vision behind Synereo is that the future of the internet lies in decentralization, a distributed DIY system where users can create and maintain reliable communications infrastructure. Synereo is all about effectiveness.

For a network to be effective, the flow of information has to be managed properly. For this reason, Synereo uses an attention economy. By default, the brain uses attention to manage information. Attention is a valuable commodity and a scarce resource.

What Synereo does is to target the attention of the users, their activity on the network and social feedback, given that these have a very high power and can influence the reputation of the individual, and the manner in which content flows within their social circles and communities.

This structure is supposed to induce an element of social agency whereby value creation is recognized and rewarded within the network, thereby encouraging quality engagement. This effectively gives back control to social media users, given that they are at the center of all interaction and communication.

The network model implemented by Synereo borrows heavily from the principles of the flow of electrical current in the neural networks of the brain. Synereo creates an ecosystem where information is channeled towards a section where it will not just be utilized, but will also be appreciated.

As a result, Synereo creates a social media platform where valuable information is created and shared with users and in communities where this information is most appreciated. This, therefore, enhances quality content curation and healthy interaction on the network.

What makes Synereo better than the competitors?

Synereo makes use of AMPs. AMP is the currency used on the blockchain to propel the reach of organic content. Users can buy AMPs and exchange them with one another. They can also be invested to support the flow of specific content throughout the network. AMPs are also used as compensation, given to users who generate quality content by those who appreciate it.

AMPs can also be earned by adding infrastructure to the network. Users who have lots of idle resources are often encouraged to do this. They can add bandwidth or storage space to the network. Technically, Synereo acts as both an application and a distributed protocol. End users are in a good position to run Synereo on whichever devices they use, in the process getting complete control over the data they share.

Synereo makes use of two forces, Reo, and engagement. Reo measures the reputation of an individual as a publisher, especially when they curate content that is worthy of attention. On the other hand, engagement is the platform upon which Reo is built. Engagement, therefore, acts as a quantitative measure of how much an individual interacts with the content curated by another.

Reo and engagement are important in creating a priority hierarchy of how content should show up in the user’s stream. The higher a curator ranks in the community that is important to a user, the more likely the curator’s content will be visible in the user’s stream, in such a manner that they have a high likelihood of noticing it.

Reo and engagement are further supported by the AMP. Content owners can generate and publish content by attaching a specific amount of AMP. Synereo runs an algorithm to prioritize content.

This algorithm considers the AMPs used in specific content and makes use of this information to share the content in a community that would appreciate it better. Therefore, Synereo uses AMPs to buy the attention of individuals.

For the targeted users who eventually receive the amplified content, they also earn some of the attached AMPs. The higher the Reo the users have with respect to the curator, the higher the value of their attention in the community, and the more AMPs they receive from the post they access.

How can Synereo be categorized?

Synereo is a project that is creating software solutions and tools for users in the attention economy. Primarily, Synereo targets content curators and publishers online, by using a rewards incentive to encourage the curation and sharing of value-adding content online.

What’s Synereo’s vision on Security?

When it comes to security, Synereo uses methods that have not just been tried and tested, but those that have been proven to be effective. There are new cryptography protocols and primitives that come up from time to time.

Even with a lot of pressure and hype around these, Synereo stays away from such because such measures have in the recent past proven to be difficult to implement into an already working system correctly.

Implementing such would also leave the ecosystem vulnerable to a lot of challenges. Besides, as it is, Synereo does not lack sufficient security measures, so the need for new tools is uncalled for.

All messages that are in transit between different nodes in Synereo are encrypted by the SSL capabilities built into Synereo by RabbitMQ. However, there are plans to implement ZeroMQ as the main transport core for messages in Synereo.

Keys are exchanged between nodes opportunistically. This does away with the need for a certificate authenticity protocol because there is no need for a certificate authority. Certificate authorities are naturally centralized, which is against the basic concept of Synereo, a network that is fully decentralized.

The only problem with doing away with certificate authorities is that this creates a loophole, making these communications a prime target for Man in the Middle (MITM) attacks. Synereo has techniques in place to mitigate against such risks, including raising errors when fingerprint anomalies are identified or pinning common certificates on every node to a local cache.

For users who are security-conscious, you will need to make an effort and confirm node fingerprints through trusted channels when initiating contact. Over time, Synereo will work towards establishing iterations of current security measures to offer more protection for messages in transit in the ecosystem.

Censorship Resilience

New technology constantly challenges the preexisting power structures and profit establishments. As a result, this naturally births resistance. Most P2P technologies are not resistant to censorship attempts. Censorship never exists in isolation. Before censorship, there must have existed surveillance at some point.

Internet traffic is constantly under dragnet surveillance. This is information that has since been made available in the public domain following the chronicles of whistleblowers like Edward Snowden. This type of surveillance monitors different types of traffic.

Any adversary, therefore, who has the necessary routing equipment such as spy agencies, governments, ISPs and law enforcement authorities study the patterns of the Source IP address, Source Port, Destination IP address, Destination Port and the Data being exchanged, even if the data is already encrypted. As a result, they are able to make an informed guess based on what they find. This is what happens to P2P traffic too.

The security concern for Synereo is whether or not the traffic patterns of data transferred through Synereo can also be analyzed in this manner. Synereo traffic is concealed through pluggable transports, the technique used by the Tor network to obfuscate traffic on the Tor protocol.

For an adversary to monitor and block Synereo, they will need resources to filter and block a significant portion of internet traffic, which is theoretically a challenge. Besides, there are political ramifications of such actions, which they would not want to deal with.

Examples of Synereo use cases/applications

Developers can build applications on the Synereo framework. This is particularly for apps that are designed to harness the power of the Synereo attention model, and the benefits of distributed technology. Developers can use the interfaces available, or change the information and actions in their stream items, or alternatively recreate and create apps that perform different roles altogether.

Gateway Services

Synereo will enable gateways as part of their deployment plan. Gateway services are a solution for those individuals or entities that are unable to deploy their Synereo nodes on their own, to still use the network.

To do this, some services are centralized, giving the users access to technical resources that allow them access to Synereo as a web service. Therefore, all they need is a web browser to access all the services.

Third-party Services

Synereo is not built to thrive in a vacuum. There are other technologies and projects around it that will work together with Synereo. There are lots of micro-transactions that are handled on the Synereo ecosystem. Some of the projects that are linked to Synereo include MaidSafe and Factom.

Resources

https://coincheckup.com/coins/Synereo

https://www.synereo.com/

https://wildspark.me/

https://medium.com/synereo

https://blog.synereo.com/

https://blog.synereo.com/faq/

https://github.com/synereo/synereo.github.io/raw/master/whitepapers/synereo.pdf

 

Wings

What is Wings?

Wings is a unique blockchain platform that is designed for community services. The idea behind Wings is to create a community where users can seed and nurture their projects.

This blockchain platform also helps this cause by providing an avenue where developers and users who are interested in these causes can nurture their projects, with the aim of making sure that the projects eventually get launched and released to the masses.

Other than offering a platform to launch projects, Wings is also useful in garnering support and promotion for new projects. All this is made possible thanks to their organizational structure, a model referred to as A Decentralized Autonomous Organization (DAO).

Through DAOs, Wings provides an avenue for independent governance in organizations, self-determination, operations, and management by executing smart contracts, and leveraging the services on an immutable blockchain platform.

There are a lot of ideas that have been borrowed from other successful blockchain projects, which have been combined successfully in Wings. Some of these include smart contracts, security for federated funds, forecasting markets, governance models and attention rewards.

By design, Wings is meant to encourage the community around it to identify proposals for projects that have a very high possibility of yielding high returns and push them to the forefront of development and attention. Such projects eventually attract investment from interested investors.

Through the decentralized forecasting ecosystem, Wings is able to offer incentives to those who hold Wings tokens. This is supposed to encourage them to put in more effort into making decisions that eventually help them maximize their ROI and rewards.

What is the problem that Wings solves?

Ever since Bitcoin, a lot of blockchain projects have come up in the past. All these have different promises to the investors, but not all of them eventually live up to expectations.

Many are those who have invested their hard-earned money in such projects, only for the projects to turn into scams, and in the process, the investors lost their money.

This is one of the biggest challenges that is also affecting the adoption of blockchain technology. Most people have read and heard about such gory stories, projects that never lived up to their expectations.

On Wings, the community and developers try to ward off inappropriate projects. Developers are encouraged to push their projects to the platform so that the entire Wings community can have a look at their prospectus. Upon further discussion, the community can agree on the feasibility of a project, and the possibility for success.

This makes work easier for both the developers and the Wings community. On the part of the developer, they get a confidence boost and know they are on the right track. They can also come away with investors in their project.

Another problem that Wings tries to solve is that of failed investments. This is often possible when people invest in a project that is inappropriate. There are experts on Wings and members of the community who have a high likelihood of knowing about the project that a developer is pitching.

As a result, if the project is not feasible, the entity behind it will be made aware. This also helps would-be investors prevent the risk of putting their money in a project that will eventually fail.

The process of submitting projects to the Wings community is also a means of filtering out unworthy submissions. This makes work easier for a lot of people. Other than filtering out proposals that are deemed unworthy, the successful ones subsequently get the backing they need.

Apart from the backing, these projects are pushed forward to the community, and this gives the developers an unprecedented promotion, so they only need to figure out how to take advantage of this backing and ride it to success.

How does Wings solve the problem?

Wings basically uses a decentralized forecast market to arrive at the decisions as to whether a DAO project proposal has the potential to succeed or fail. There are so many possibilities yet to be actualized following the emergence and understanding of swarm intelligence. Swarm intelligence is all about gathering information and acting on the information obtained through self-organized, decentralized systems.

Through this, the possibilities for creating new methods and tools through which event prediction and decision consensus can be done is immense. There is a reward protocol for those participants who present new proposals to the Wings community, as do those who forecast the ability of the DAO project to meet set milestones, including raising funds.

As a result, Wings uses an incentive system to foster a sense of cooperation. The forecasts for such projects are made according to expectations of loss and gain. Because of this, there is a possibility of participants missing rewards because of their choices, and as a result, this encourages them to proactively research on the projects that are presented to them before they make their forecasts.

Wings is a system that by design, awards decisions that are well-informed and make correct predictions about projects that are proposed to the community.

What makes Wings better than the competitors?

There are some features inherent to Wings that set it apart from any of the projects that are currently running on blockchain or otherwise, that are designed with the same goal.

Multidimensional Markets

Wings uses extra-predictive applications to make forecasts on projects that have been presented to the community. These applications combine the expected outcome and the decision to make a forecast. In multidimensional markets, token holders are often requested to predict some of the important decisions, and at the same time give a perceived view of the value of the tokens they hold should their prediction come to pass.

After the time to the decision has lapsed and the prediction turns out to be true, the blockchain evaluates the value of the token and the holders who came closest to the right prediction get rewards.

There is a lot of flexibility in implementing this forecast pattern. A common scenario would see token holders asked to predict the success of a DAO project, based on the amount of money that they believe the project can collect in the backing phase of the campaign.

After the forecast period is closed, the project is released on Wings, complete with a unique set of tokens and contracts, and the project can then begin the backing phase. Once the campaign is over, the funds collected from the blockchain is announced, and the token holders who came closest to predicting the actual figure that would be raised get their rewards.

These forecasts can also be used in decision making for DAO proposals that might involve milestone payments to contractors, for changing the core operating ruleset of the DAO or on work that should implement a capability or feature on Wings.

Rating Forecasts

Over time, people who participate in forecasting on Wings get public ratings according to how close they come to making the correct predictions. To do this, Wings uses a liquid DAO governance system, which establishes the protocol for delegating votes. As a result, a token holder is able to delegate (loan) another token holder, especially those who have a higher reputation on Wings than they do.

Forecast ratings on Wings determine the nature of the rewards that the delegates and token owners get. An individual with a high rating is someone who has constantly outperformed, and as a result, they have a good reputation. Therefore, other token holders would not have qualms about loaning them their forecasting rights. This, in essence, creates a meritocracy in the Wings decision-making system.

The forecast ratings for individual accounts will either increase or decrease with each round of forecasting that they participate in, and also depending on the forecasting activities of the token holder. Wings has an equilibrium point for forecasts, upon which ratings do not change. Ratings increase in lieu of the accuracy of the predictions and decrease proportionately.

Another factor that determines the forecast rating is the outcome of the proposal submitted to the community for review. In case the proposal is flagged for spamming, the account that submitted the proposal gets penalized. On the other hand, some proposals might not generate a lot of interest, therefore attracting very few participants. Some might also have a very shallow forecast spread. In such a case, the forecast rating is not penalized. However, depending on the results of the forecast, the ratings will still increase or decrease. In the event that the proposal did not attract a lot of participants, yet it still had a good number of forecasts, the account that submitted the proposal will enjoy an increased forecast rating.

The way forecast ratings are designed, they die a natural death. The natural decay is reset whenever a forecasting event is ready, and if the token holder does not participate in subsequent forecasting events, eventually their forecast rating drops to nil. This is a mechanism that was put in place to encourage more people to play an active role in the forecasts because these projects eventually affect their lives. At the same time, by involving a lot of people in the forecasting process, users on Wings can look forward to better decision making and distribution.

How can Wings be categorized?

Wings is a governance blockchain platform for projects, and it provides incentivized forecasting services.

What’s Wings’ vision on Security?

Security is one of the primary concerns of the Wings platform, especially when it comes to the collected funds and smart contracts. To build a fortress, there are different innovative ideas that have since been implemented, including last case emergency recovery, functional programming, and formal verification of the contract code.

Last Case Emergency Recovery

This is done through the RSK federation. The RSK federation is a number of companies in the Bitcoin ecosystem whose purpose is to act as gatekeepers for transactions. Any BTC that is deposited in the blockchain has to be linked to a side chain with a multi-signature key of the RSK. For this reason, therefore, users can only withdraw BTC after a majority of the members of the federation have confirmed the transaction on the side-chain.

Functional Programming

Functional is a situation where instead of using procedures or objects to serve as the building blocks of any program, functions are preferred. Functions are simple mathematical equations that determine the nature of the relationship that exists between entities in the blockchain.

According to recent research, using an Ethereum VM bytecode producer to extend the functional language compiler can help developers reduce some errors that are common on the blockchain. Wings is currently using only the languages supported. However, in the long run, plans are in place to provide funding for and support the development of a functional language support for the DAO smart contracts.

Smart Contract Verification

By verifying smart contracts, this is a representation of contracts that offer an assurance the contract will perform the role it is written to. The process tests all the code to determine their feasibility for all the possible outcomes, states, and inputs. Wings has automated provers that verify code branching and conditions for execution.

Examples of Wings use cases/applications

By default, the Wings platform is supposed to reduce the level of on-boarding that users often experience when using new platforms. To do this, Wings allows users access through platforms that they are used to, like a chat messenger.

Through messengers and chatbots, users can start using the Wings platform almost immediately, and all they need is personal knowledge of how to use their messaging apps and chatbots

Chatbots

Wings is built to work with the popular messaging networks, including Slack, telegram, WeChat, Facebook Chat and probably many others that might come up in the foreseeable future. Wings will deploy an IM HUB. Through this, users can communicate across different chat networks, enjoying the best-unrivaled experience without necessarily having to switch from one service to the other. With the Wings chatbots, users are able to perform the following seamlessly:

  • Follow other Wings users
  • Manage graduated DAO projects
  • Predict the success of project proposals
  • Discuss opportunities
  • Learn more about DAO projects
  • Manage project proposals

All sensitive operations like signing transactions are delegated to a sandbox on the web client for security reasons. This allows users to engage an operation in the messenger platform, and sign off on a web client.

Resources

https://coincheckup.com/coins/Wings

https://www.wings.ai/

https://wingsfoundation.ch/

https://blog.wings.ai/https://wings.zendesk.com/hc/en-us

https://wingsfoundation.ch/docs/WINGS_Whitepaper_V1.1.2_en.pdf