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

[cryptospreader]

You can't value Synereo, Ethereum and Steem againt one another. It has different aims and innovations. The cumulative output may be same. Wait until they come out of all beta releases.

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[The Bitcoin Co-op]

Been waiting for this platform to come out for a while. Gonna be way more fun than Facebook

[mexicanchick]

Huge pump due to alpha release, amazing performance.   

[andreibi]

Huge pump due to alpha release, amazing performance.   

What huge pump? Market just returned to its pre-despair price, before some dumped out until 14k sats, thinking nothing is happening to Synereo.

Now everyone knows before the network launches, there will be a huge pump as always. So right now, whales are trying to catch dumps and accumulating. Just watch dumps quickly being absorbed.

[bbc.reporter]

I have been reading about Synereo lately and I have a couple of questions. At first, I read that Synereo is something like a decentralized social network platform, something like Steemit but better according to some people. But I read recently that it is a platform capable of executing smart contracts. So what is Synereo? A smart contract platform or a social media platform? Did it pivot in the middle of the game?

From watching some hangouts and seeing what they have been talking about I think the project has expanded from its initial decentralised social media platform.

I would not compare Steemit. From the rewarding of the users its similar but this is a decentralised platform with about 2 years of R&D. This means the entire network operates without a central server. So I believe this is an entirely P2P system.

From what I have seen in hangouts Synereo had to build their own blockchain. I know Greg was working closely with Vitalik and Vlad from Ethereum but I think the issues they ran into was Ethereum was not capable of hosting this type of network. So they built their own POS blockchain.

So I would not say a pivot as the social media is here now. (or coming soon) but the project has grown in scope.

This is my take. Maybe someone can expand on this.

Synereo is a fully decentralized technology stack built upon SpecialK, which Greg has been developing for years, and will soon be integrated with a PoS blockchain capable of hosting dApps with superior protection than Ethereum/DAO.  The network's built in REO and attention economy model allow for an unprecedented social networking application to be built on top of this fully decentralized technology stack.  The social network is only one application out of many that can run, share data, and utilize the AMP PoS blockchain cross-platform on the tech stack.

TLDR: Synereo is everything you want. Synereo is everything you need.

Read this for more info: https://www.synereo.com/learn-more/

Ok I get it now. Synereo is a decentralized smart contract platform and the first dapp built on it is the social media application. Ok, I was a bit confused there at the beginning in what really happened. So they originally intended to use Ethereum as their base platform and they found out that it was not good enough for their needs so they created their own base platform for their decentralized social media?

Is that what happened? If yes then I am curious, what did they find in Ethereum that is not agreeable to their needs and what did they do in Synereo that makes it better?

[fartbags]

I have been reading about Synereo lately and I have a couple of questions. At first, I read that Synereo is something like a decentralized social network platform, something like Steemit but better according to some people. But I read recently that it is a platform capable of executing smart contracts. So what is Synereo? A smart contract platform or a social media platform? Did it pivot in the middle of the game?

From watching some hangouts and seeing what they have been talking about I think the project has expanded from its initial decentralised social media platform.

I would not compare Steemit. From the rewarding of the users its similar but this is a decentralised platform with about 2 years of R&D. This means the entire network operates without a central server. So I believe this is an entirely P2P system.

From what I have seen in hangouts Synereo had to build their own blockchain. I know Greg was working closely with Vitalik and Vlad from Ethereum but I think the issues they ran into was Ethereum was not capable of hosting this type of network. So they built their own POS blockchain.

So I would not say a pivot as the social media is here now. (or coming soon) but the project has grown in scope.

This is my take. Maybe someone can expand on this.

Synereo is a fully decentralized technology stack built upon SpecialK, which Greg has been developing for years, and will soon be integrated with a PoS blockchain capable of hosting dApps with superior protection than Ethereum/DAO.  The network's built in REO and attention economy model allow for an unprecedented social networking application to be built on top of this fully decentralized technology stack.  The social network is only one application out of many that can run, share data, and utilize the AMP PoS blockchain cross-platform on the tech stack.

TLDR: Synereo is everything you want. Synereo is everything you need.

Read this for more info: https://www.synereo.com/learn-more/

Ok I get it now. Synereo is a decentralized smart contract platform and the first dapp built on it is the social media application. Ok, I was a bit confused there at the beginning in what really happened. So they originally intended to use Ethereum as their base platform and they found out that it was not good enough for their needs so they created their own base platform for their decentralized social media?

Is that what happened? If yes then I am curious, what did they find in Ethereum that is not agreeable to their needs and what did they do in Synereo that makes it better?

#1 Once PoS is in place, you would have to be a moron to pay the $ETH gas fee when you could instead be building up your own PoS network where you own the gas fee coin. Ethereum is useful for a businesses looking to update their old contract system or for a DApp that barely uses $ETH gas in their system. It is not so useful for a social network where the complex back end contract system ends up being pretty much the entire system. You will need to have your own server running a node to use Synereo. Why not throw in your own blockchain? It seems stupid not to. Especially if you can build out a bigger network than Ethereum in the process.

#2 The dev of Synereo has a bunch of legacy code built in Scala that they want a blockchain integrated into. They want the blockchain programmed in Scala. Vitalik programs in Python. I do not follow Ethereum anymore. Does anyone know what language their PoS system will be programmed in?

#3 Ethereum is cool today but it will be garbage soon because solidity sucks. Synereo has a better way of programming smart contracts. They have formal verification and type checking. Ethereum has too much technical debt because of solidity. They now have to maintain solidity functionality is all their future released.




BTW if you did not know this yet, the Synereo dev was hired by Etheruem to teach Ethereum how to build their PoS blockchain. That should be an easy give away as to which blockchain will end up being better.

[andreibi]

#3 Ethereum is cool today but it will be garbage soon because solidity sucks. Synereo has a better way of programming smart contracts. They have formal verification and type checking. Ethereum has too much technical debt because of solidity. They now have to maintain solidity functionality is all their future released.




BTW if you did not know this yet, the Synereo dev was hired by Etheruem to teach Ethereum how to build their PoS blockchain. That should be an easy give away as to which blockchain will end up being better.

What are you saying? Synereo is better than Ethereum?  


Can we expect 10x on AMP?

[DecentralizeEconomics]

Huge pump due to alpha release, amazing performance.   

What huge pump? Market just returned to its pre-despair price, before some dumped out until 14k sats, thinking nothing is happening to Synereo.

Now everyone knows before the network launches, there will be a huge pump as always. So right now, whales are trying to catch dumps and accumulating. Just watch dumps quickly being absorbed.

I tried to tell 'em.  You all know I tried to tell you.  What more can I do?  Prepare for liftoff!

[andreibi]

Liftoff to 0.002btc!!!! 

[lsqgoddess]

Liftoff to 0.002btc!!!! 

Wow, 10X, I think 10X you guys will be rich. I didn't join the ico, what a pity. Btw, could you tell me the ico price in satoshi? Thx Drei whale 

[TMBS Altcoins]

...and Synereo team has been enriched with a new member who quit a major investment company to join Synereo....or should we not announce it yet?
 

[DecentralizeEconomics]

Liftoff to 0.002btc!!!! 

Imo, it's coming.

[m3rt1x]

https://twitter.com/m3rt1x/status/766216145963737089

[andreibi]

Liftoff to 0.002btc!!!!  

Wow, 10X, I think 10X you guys will be rich. I didn't join the ico, what a pity. Btw, could you tell me the ico price in satoshi? Thx Drei whale  

I'm not an ICO buyer, I just trade it. But the ICO was concluded around May 10, 2015, 182 AMPs per dollar (2,226 satoshis per amp during that time).

https://blog.synereo.com/2015/05/10/amp-distribution-complete-2/

I guess many already took profit during Poloniex coin add and the hold-outs got big balls.

[tallrichcute]

Liftoff to 0.002btc!!!!  

Wow, 10X, I think 10X you guys will be rich. I didn't join the ico, what a pity. Btw, could you tell me the ico price in satoshi? Thx Drei whale  

I'm not an ICO buyer, I just trade it. But the ICO was concluded around May 10, 2015, 182 AMPs per dollar (2,226 satoshis per amp during that time).

https://blog.synereo.com/2015/05/10/amp-distribution-complete-2/

I guess many already took profit during Poloniex coin add and the hold-outs got big balls.

10X of ico price, it means this coin is good for ico investors, I should be all-in this ico.   

[coinbas3]

In the Casper (into Synereo), is there any prerequisite to be one of the 256 validators?

[TMBS Altcoins]

The coin is doing well.Some small sell sequence but after that up again!
Go AMP!

[overthetop2011]

So glad to see thread become a little hotter, what a 2 years standby from the beginning. 

Looking forward the Alpha Version.

[Synereo_zh]

The Synereo Cartoon Contest is live !

As you can see, we’re in desperate need for your help.

Win $1250 us in AMP by coming up with ideas for cartoons... enjoy, and spread the word ![/size]

Thanks Joerii for doing this contest. Looks pretty cool and I think we will get some great ideas out of it.

[xtester]

What would you say are the main advantages of Synero over Steemit?