[ANN] AMP - The Currency That Powers Your Attention On Synereo

[AdamHackbarth]

AMP is just the beginning. The exciting part is Synereo itself. I read the White Paper and listened to the hangouts. AMPs will be great when applied to that social media platform. Investors are obviously bruised and guarded but the social networking world will be decentralized and better off. I am excited.

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[-Greed-]

Devs, why don't you release a beta version before the crowdsale starts? So we could see if it's worth investing. At least there must be a video teaser of working client. I do really like the project but it all seems to be too perfect to be true. I guess it's another hype or scam. Well, will see...

By the way, is blockchain bloating solved somehow? This can be a serious issue with user base growing over time. Another question: how is the network secured? The whitepaper doesn't really contain anything but code and math.

[Elokane]

Devs, why don't you release a beta version before the crowdsale starts? So we could see if it's worth investing. At least there must be a video teaser of working client. I do really like the project but it all seems to be too perfect to be true. I guess it's another hype or scam. Well, will see...

By the way, is blockchain bloating solved somehow? This can be a serious issue with user base growing over time. Another question: how is the network secured? The whitepaper doesn't really contain anything but code and math.

We'll release a tech demo soon.

There is no risk of bloat. See here:
http://cointelegraph.com/news/113545/dor-konforty-synereo-is-the-natural-next-step-after-facebook

CT: How does Synereo implement the blockchain and is it used in your DEndron consensus-keeping mechanism? Will a bloated blockchain be a potential concern?

DK: Synereo relies on the bitcoin blockchain only for its AMP token, benefiting from its ultra-secure global ledger. All other features of the DendroNet do not require any sort of global consensus; there’s no type of information that has to be stored network-wide.

DEndron stands for ‘DEndron node-derived region of network’. Each user in Synereo only sees the region of the network derived by its node: what others nodes it’s connected to, what the parameters of these connections are, how information flows through that region, and where data relevant to that region (and shared with that node) is stored on the distributed cloud. Thus, each node has its unique view of the network and its topography.

This makes Synereo’s architecture much more efficient and scalable. With users only storing and seeing things relevant to their regions of the network, there’s no risk of forking, and nothing that could bloat.

[Elokane]

I see a lot of newbies in this thread promoting. My alarm bells ring.
The same thing happend in Bitbay, and then they were Bobsureplus and other mother.....
And afterwards it was a scam.

We have here again an ICO without escrow or a releasplan of the funds. So it is possible the same thing can happen again.
The guys buy their own ICO to push it up, and sell their coins and keep the BTC.

So guys, maybe you think about another way of doing this fundraising. OR a way to proof you are legit.

Here's our asset policy. What do you think?

https://docs.google.com/document/d/1zLBm8OHt5-81flihJ6iSKEm0WbRa6FL0mJ5ivBN34Po/

[leithaus]

The investment to date breaks down in terms of 2.2M in cash and 1M in in-kind contributions. The contributors wish to remain anonymous. They provided this because they believe that we are in a very dangerous situation: a global panopticon (the incumbent social networks funneling into Project PRISM) and a global wealth imbalance. They want to do something rather than just talk about it on Facebook. Amazingly, the success of a system that begins to redress the imbalance is what they are seeking. Therefore, they are not seeking to get anything out of Synereo, financially. To me this is very inspiring and causes me to work even harder.

What do you have to show for the 2.2m (USD?) - how was it spent? The 1.1m in kind contributions would cover 5 or 6 well paid senior devs for a year in most economies, so I presume it didn't pay for the prototypes and white paper revealed so far. How do you plan to spend the money raised in the crowdsale?

What we have to show for the investment to date is a tech stack that works and has been deployed in commercial applications for at least 2 years. If you'd like to look at the source you can find earlier versions on github

https://github.com/leithaus/SpecialK/tree/master
https://github.com/rlamb/Agent-Service-ATI-IA/tree/cryptoRedo
https://github.com/leithaus/GLoSEval/tree/cryptoRedo
https://github.com/leithaus/agentui

i will be happy to help anyone who wants to stand up a node do so. Let me know.

[MickGhee]

NEVERMIND  this is a non issue

[Elokane]

I am asking a simple question why do you not support mining ? without mining how can u even make an attempt to call this decentralized? when it is in fact 100% controlled and central to your authority. i have asked to u many times, through different avenues and have been thus snubbed. If you say with one hand and do with the other, you will only gain the suckers i feel you are hoping to dupe.

I'm sorry you feel we haven't answered your question. This is the first time you post it in this thread.

We do in fact have a "mining" mechanism. People running Synereo nodes and supplying the network with extra storage and bandwidth will be compensated for it with AMPs.
Otherwise, can you explain what in your eyes makes this a centralized solution?

[MickGhee]

I am asking a simple question why do you not support mining ? without mining how can u even make an attempt to call this decentralized? when it is in fact 100% controlled and central to your authority. i have asked to u many times, through different avenues and have been thus snubbed. If you say with one hand and do with the other, you will only gain the suckers i feel you are hoping to dupe.

I'm sorry you feel we haven't answered your question. This is the first time you post it in this thread.

We do in fact have a "mining" mechanism. People running Synereo nodes and supplying the network with extra storage and bandwidth will be compensated for it with AMPs.
Otherwise, can you explain what in your eyes makes this a centralized solution?

because u set the supply
u controll the distro
you control the website
u have all the fucking coins
 i could keep going

[MickGhee]

and your pos  "mining system" in no way rewards those that invested in the system thus far  MINERS WITH GEAR.  who use PROOF OF WORK not only as a way to accumulate coins but, to disperse control away from the center. 


thank you

[Elokane]

I am asking a simple question why do you not support mining ? without mining how can u even make an attempt to call this decentralized? when it is in fact 100% controlled and central to your authority. i have asked to u many times, through different avenues and have been thus snubbed. If you say with one hand and do with the other, you will only gain the suckers i feel you are hoping to dupe.

I'm sorry you feel we haven't answered your question. This is the first time you post it in this thread.

We do in fact have a "mining" mechanism. People running Synereo nodes and supplying the network with extra storage and bandwidth will be compensated for it with AMPs.
Otherwise, can you explain what in your eyes makes this a centralized solution?

because u set the supply
u controll the distro
you control the website
u have all the fucking coins
 i could keep going

We are the ones putting the initial time, energy and resources required to bootstrap the platform - with the support of our community, yes.
Coin distribution is announced in advance, as well as our policies WRT their exact use and distribution. https://docs.google.com/document/d/1zLBm8OHt5-81flihJ6iSKEm0WbRa6FL0mJ5ivBN34Po
The Synereo website is immaterial to the service, serving only to announce our plans and share information with our community.

Once the system is live, it will be completely decentralized and not require anything from us. You could set it up and run it on your LAN. You could fork it and give it another name.
Even now all the code is open-source. If you or anyone else think you can do better than us, nothing is stopping you.

[MickGhee]

in your answer lies your flaw

We are the ones putting the initial time, energy and resources required to bootstrap the platform - with the support of our community'


so u who wrote some code will then depend on the backs of your investors to do the work

but only u should be rewarded by POW ie money for working code

and investors who do all the actual work can sit with their fingers crossed clutching a bible, while u go to the bahammas

others have done much more, gave it all away,asked for nothing and got rich.

Now its a non-issue
thanks for your time.

[SynereoCommunity]

[BOUNTY] 100,000 AMPs for best Tweet - Ends March 24, 8:00PM GMT! The Synereo crowdsale is approaching fast and we decided to give out our first bounty. Anyone with a Twitter account can participate and win 100,000 AMPs (~USD 650 worth). One prize winner to be selected next week for the best (creative/insightful/witty/inspiring/popular) Tweet using #DumpFacebook hashtag. Just pick a question and Tweet your answer until March 24, 8:00PM GMT: What would it take for you to leave Facebook and switch to Synereo? What or where do you think Facebook could improve or be a better Social Network? What do you expect Synereo to offer better than Facebook? To be eligible, your Tweet needs to contain both @Synereo and #DumpFacebook. Sample Tweet 1: "I want to see @Synereo introduce a video-only timeline tab so I can browse the network just for vids #DumpFacebook." Sample Tweet 2: "I want to be able to create my own type of feed item on @Synereo #DumpFacebook." How and When do I receive my Prize? AMPs to be rewarded after the end of our crowdsale and will be sent to the winner's AMP address. We will get in touch with the winner with a personal message on Twitter. We will then ask for an email address to send further details. Picking the Winner We will be monitoring all submissions for the duration of the bounty. We will choose between the ones who stand out for their originality, creativity, and best feedback (i.e. retweets, quotes, etc). We'll also be retweeting, and quoting the posts we like the most. Go wild! The Synereo Team Be Part of the Solution

[leithaus]

Dear MickGhee, Thank you for your passionate engagement! We really value people who have a strong voice and want to see things done fairly and for the benefit of all.

For the last 5 years we've been writing code, working out architecture, and economic model, as well as identity and security models, along with UI and UX models. It took the concerted effort of some very smart and dedicated people. We are committed to being completely transparent. We will show you all of the work we have done to date. We will do our best to answer questions posed with goodwill to the questioner's satisfaction. This work has cost the people involved not just 5 years of engagement, but 3.2M USD, out of pocket. The raise for this crowdsale is capped at 1.2M USD. We're not even close to recouping what we've put in, let alone heading off to the Bahamas.

Instead, part of this effort is to see if the community has the will to engage, to begin to address the issues facing us. All of us. (See, we're passionate, too!) Here's the situation as we see it:

Over the past decade, social media platforms have risen to become a major force on the Internet. As two-thirds of all Internet users are using these platforms, with 1 out of every 5 pageviews occurring on Facebook alone, and with many directly equating “social media” with “Internet”, the importance of these venues cannot be understated.

The amount of money social networks generate is staggering. Leading the pack is Facebook, earning 3.85 billion dollars in the last quarter of 2014, followed by Twitter with $479m. When thinking about these numbers, it’s important to remember that the value created on these networks - what allows Facebook et al to generate these profits - comes directly and unequivocally from their users. In fact, users and their worth is the primary parameter these connetworks are measured by. Facebook recently acquired WhatsApp for $19b, paying 42$ per user. Similarly, the value of Facebook and Twitter users is often calculated through their market cap - currently at 141$ and and 81.5$, respectively.

Faced with these numbers, many people are asking themselves, “Does it make sense that the value we create simply by sharing our lives online is retained by the people who happened to be the first to provide the infrastructure allowing us to do so? That these social platforms’ stated aim is to increase the revenue they can extricate from us? From our basic need to communicate and share ourselves with others?”

Indeed, this is how current social networking service providers see their users: as unpaid laborers. As free content creators whose behaviors can be recorded and measured, the data generated auctioned off to other corporations. And for many, this may still be fine. These services are now seen as basic necessities in our digital age, and so perhaps the balance struck between user and service provider is a fair one. However, there are other issues tipping the scale against the incumbents: there’s been a breach of trust. The information going into user feeds is being manipulated, and the information going out - including details of user activity outside of Facebook - is being handed over to governmental authorities; privacy settings be damned.

The entire foundation of our established online identity is based in these axioms, of us being surveilled, labeled and “sold” to the highest bidder. And with our social network profiles serving more and more as the default identities on the web, everywhere - most services do not bother creating their own identity and authentication components - perhaps it’s time to stop and think if this how we want our digital identity to exist and evolve.

The more we wait, the more irreversible this becomes.

But, it's worse. Why? Because this global panopticon is being built alongside and to support a growing economic imbalance. Here's an excellent description of just how bad the economic imbalance is in the US: https://www.youtube.com/watch?feature=player_embedded&v=QPKKQnijnsM. These two trends taken together are a recipe for disaster. From the riots in Greece to Ferguson, the unrest is no accident. It's only going to get worse. Unless we do something. We. Us. There's no one else to do it for us.

Now, we've taken up the challenge to do something about it. Synereo is a first step towards a different way of engaging each other. Synereo is a first step towards reorganizing social media technologies and capital for the purpose of taking care of each other and the planet. If after giving our work a thorough review, you still feel we are conniving assholes out to steal peoples money, then we deserve your condemnation. But, first, come look at what we've done, and see for yourself. i will personally answer any and all questions you have about the code, the architecture, the security model, the identity model, our social contract model, the maths underlying it. i know the rest of the team is wiling to engage with the same level of diligence.

We really want people to give it a thorough review. If there's a hole in it, we want to know. If there's a better way to do something, we want to know. We are in this together. If we don't take up the challenge now, the next time we look up we will not see the same sky. Like i said, we're passionate! That's why we really appreciate your passion and are glad you're sharing it. We're going to have to be passionate about this to succeed.

Peace be with you,

--greg

CSO, Synereo.

[m3110w]

anyway ,i dont trust any ico now,if you wanna give your money to them ,just do it , im  not ...lol

Those who've been burned by hot water will be wary of lukewarm water. And wary you should be, but not to the point of automatically disqualifying any offering.

To say it another way, Definitely be sceptical, but be a smart and thoughtful sceptic; not just knee-jerk. All the VCs now pouring funds into blockchain technology were probably very sceptical at first, but they persisted in looking at the data and looking at all sides of the opportunities.

Decentralized web apps of all kinds may become the *real* Web 3.0.

[Elokane]

anyway ,i dont trust any ico now,if you wanna give your money to them ,just do it , im  not ...lol

Those who've been burned by hot water will be wary of lukewarm water. And wary you should be, but not to the point of automatically disqualifying any offering.

To say it another way, Definitely be sceptical, but be a smart and thoughtful sceptic; not just knee-jerk. All the VCs now pouring funds into blockchain technology were probably very sceptical at first, but they persisted in looking at the data and looking at all sides of the opportunities.

Decentralized web apps of all kinds may become the *real* Web 3.0.

Well put.

[bubbletea789]

where can i find the project timeline?

[LivelyGig]

I've managed software products and projects for a long time.  One of my early ones was the standardization of the Unified Modeling Language.  Way back in 1996 the notion of generating working code from specification models seem far-fetched to me, except for CRUD methods and state machines.  But we've made a tremendous amount of progress since then!

Now, very interesting working software component contracts can indeed be generated from formal specifications. A fascinating thing is that with Synereo, these are not just software contracts and protocols, they are also social contracts that will be enforced and influenced with the movement of AMPs.

The formalisms which leithaus (Greg) references are all solid.  But they are not trivial to realize in a robust software architecture, which is why the dedication to 5 years of development invested in SpecialK/KVDB and its pattern language for the web is impressive (http://blog.synereo.com/2015/03/17/specialk-kvdb/). It’s real.

For the last several months, I've been noodling on an idea that resulted in the whitepaper for LivelyGig -- The Decentralized and Distributed Employment Market /YdRrPQMrT6]http:/[Suspicious link removed]/YdRrPQMrT6.  From a platform perspective, it has a lot of similar requirements as Synereo. When I look at the possible technology stacks on which to implement such a decentralized and distributed system, I so far only have a very short list of potentially viable choices -- Ethereum, MaidSAFE, Eris Industries, and SpecialK/KVDB.  Which one is complete enough and most likely to work in decentralized deployment? So far, SpecialK/KVDB is looking most promising for LivelyGig, because it is complete and based on a researched and formalized software contract paradigm.

I'm also very impressed by the caliber of the Synereo team, having talked with several of them. I’ve watching their Hangouts and carefully studied the Whitepaper.  I’m a fan.

As far as the AMP Crowsdale, yes it is risky and exciting from an investor’s perspective. Potential downside and potential upside. All of the crowdsales are difficult to assess financially and are missing the investor protections that would be available in a prospectus of a securities offering. After doing some homework, I have growing confidence in the team, their vision, and the technology. So, I will purchase some AMPs in the crowdsale.
/Ed

[jokumat]

If there is no censorship in the system how can you deal with illegal content? Copyright issues or even worse. I am not obsessed with legality. But the governments are.

[yuvadm]

If there is no censorship in the system how can you deal with illegal content? Copyright issues or even worse. I am not obsessed with legality. But the governments are.

Content issues are double-edged sword. On one hand, since the technology is truly P2P, illegal/offensive content will always be around and cannot be censored by any central entity. On the other hand, as a technology that people use we cannot afford to leave our users to fend for themselves. There is a delicate line to walk here and we do not claim to have all the answers a priori. What we do have are some ideas for different mechanisms where communities and individuals can better control the content in the network around them. For example, users can block offenders within their community and recommend such actions to their peers. Another interesting model is that of community arbitration, akin to a tribunal system, where communities can employ a semi-hierarchical process to weed out spam, harassment and hate speech.

Eventually, many of the content problems are social problems at their core. As even the centralized networks today have shown, managing illegal and offensive content is not always a problem of having the right technical tools. Decentralizing social networks underscores these issues, but also introduces a whole new set of tools for users which enable much higher levels of control over their content, and that of their peers. Expect us to be sharing more these ideas in the near future as our work on the network progresses.

[coinits]

How much faith can anyone put in this when you are spamming multiple OPs on Bitcointalk?