Synternet: Democratizing Blockchain Data Access for Web3 Development
Thursday, June 13, 2024 9:36 AM
182
Synternet, a decentralized real-time data infrastructure, aims to revolutionize Web3 development by enabling seamless cross-chain dApp creation. Originating from NOIA, it addresses blockchain data access challenges with support from prominent investors. Synternet’s three main components include the App Chain, Data Layer, and PubSub protocol, which together provide a secure, efficient, and interoperable data exchange. The Data Layer is the core, allowing full nodes to sell data and users to purchase it using tokens. Synternet’s mission is to democratize blockchain data access, supporting projects in various Web3 spaces.
Related News
a day ago
Helium's HNT Token Surges on Growing Mobile Subscribers and Technical AnalysisHelium's native token (HNT) has surged by over 18% in the past week, outperforming many other cryptocurrencies. The rise in price is attributed to the growth in Helium's mobile subscribers, which now exceed 112,000. This surge follows a 40% spike in price just two months ago when the subscriber coun
a day ago
Key Updates in the Crypto MarketBitcoin price drops to $55,711.26 as Arthur Hayes predicts it could fall below $50K amid market turmoil. Worldcoin CEO Alex Blania reveals plans for global expansion following Facebook's model. Injective launches the 'First Ever' tokenized index for BlackRock's BUIDL Fund, allowing users to take lon
a day ago
Exploring Promising DePIN Altcoins: Render and OriginTrailDePIN, with a market value of around $20 billion, is a rapidly growing sector in the crypto space. Despite the sector's fast expansion, there are still promising opportunities available. Here are three DePIN altcoins worth considering:
1) Large Cap: Render ($RENDER)
Render is a major DePIN project
a day ago
DePIN Alliance: Exploring the Future of Real-World Assets at TOKEN2049 SingaporeDePIN Alliance presents 'Where DePIN, AI & IP Converge into RWA' at TOKEN2049 Singapore, focusing on Real-World Assets (RWA) with top industry players like JDI Ventures and Chain Capital. The event offers networking opportunities with venture capitalists and features experts discussing the market tr
2 days ago
Empowering Communities Through Decentralized Energy InfrastructureTransitioning to a zero-emissions economy is crucial for our survival, with renewable energy sources playing a key role. Unlike fossil fuels, renewables rely on the sun and wind, requiring a shift in how we consume energy. To achieve net-zero emissions quickly, we must involve end consumers in the e
2 days ago
Grass Airdrop Faces Backlash Over Token RewardsThe Grass airdrop faced backlash as participants received minimal token rewards, sparking disappointment and criticism. Users expressed frustration over inadequate allocations and lack of communication from the project. In response, Grass introduced the Grass Foundation to address concerns and uphol