Synternet (SYNT) Price

What Is Synternet (SYNT)?

Synternet (SYNT) is a blockchain project aiming to revolutionize data infrastructure for the Web3 space. At its core, Synternet functions as a blockchain that powers a modular and interoperable data infrastructure compatible with major blockchains. This functionality is achieved through the Data Layer, a protocol that acts as a customizable execution layer facilitating communication between different blockchains.

Synternet's key feature is its focus on enabling a fully decentralized data exchange for developers, organizations, and users. By eliminating reliance on centralized services, Synternet promises swift and seamless access to both real-time and historical data stored on blockchains. This decentralized approach aims to enhance data security and transparency within the Web3 ecosystem.

One of the highlights of Synternet is its composable data streams. These streams allow developers to build next-generation decentralized applications (dApps) that can leverage data from any blockchain. This composability empowers developers to create highly functional and versatile dApps without limitations imposed by specific blockchains.

Synternet achieves its functionality through the use of Autonomous Economic Agents (AEAs). These AEAs act as independent entities within the Synternet network, tasked with specific functions. Developers can build custom AEAs to cater to the specific needs of their dApps, further enhancing the flexibility and customizability of the Synternet platform.