Syntropy (NOIA) is an open project providing next-generation connectivity technology for the Internet. It uses blockchain technology to create a decentralized network that enhances security, privacy, and performance by incentivizing nodes to share bandwidth and computational resources. The project aims to bridge the gap between Web2 and Web3, enabling seamless data and application transitions while facilitating new business models and technologies.
Syntropy (NOIA) is a blockchain-based project that aims to revolutionize the internet by enhancing security, privacy, and efficiency. Here are some key ways it is used:
Decentralized Autonomous Routing Protocol (DARP): Syntropy employs DARP to efficiently map and optimize internet traffic. This technology ensures data travels via the most efficient paths available, enhancing overall network performance and reliability. Node operators are rewarded in NOIA tokens for the amount of traffic they relay, providing an economic incentive to enhance network performance.
On-Chain Streaming Oracle for Web3: Syntropy functions as an On-Chain Streaming Oracle for Web3, providing real-time, multi-chain data access. This democratizes access to blockchain information, making it more accessible and efficient.
Trustless Execution of Encrypted Connections: The NOIA token facilitates the trustless execution of encrypted connections, ensuring secure data transmission without the need for complex setups or virtual private networks (VPNs).
Storing and Making Changes to Network Configurations: The NOIA token is essential for storing and making changes to network configurations, ensuring that the network remains adaptable and responsive to user needs.
Medium of Exchange for Buying and Selling Bandwidth: The NOIA token serves as a medium of exchange for buying and selling bandwidth throughout the network, allowing users to purchase services such as storage or bandwidth.
Routing Data Throughout the Syntropy Ecosystem: The NOIA token is used for routing data throughout the Syntropy ecosystem, ensuring efficient and secure data transmission.
- Node Operations and Rewards: NOIA tokens are required to run a node on the Syntropy network, and nodes earn rewards for routing traffic and providing other services to the network.
These uses collectively contribute to Syntropy's goal of creating a decentralized, user-centric internet that prioritizes privacy, security, and efficiency.
To store Syntropy (NOIA) tokens, you can use various wallet options that support Ethereum (ETH) since NOIA is an ERC-20 token. Here are some steps and wallet options:
Ledger Live: You can create a new Syntropy wallet in Ledger Live by going to the "Accounts" tab, clicking "Add Account," and selecting "Syntropy" to follow the on-screen instructions.
Metamask: As an ERC-20 token, you can store NOIA in Metamask, a popular Ethereum wallet. Simply add the NOIA token to your Metamask wallet.
Hardware Wallets: Many hardware wallets that support ETH can also store NOIA tokens. These wallets provide additional security for your assets.
Atomic Wallet: The Atomic Wallet supports over 1000 coins and tokens, including Syntropy. It offers a secure and private environment for managing your assets.
Other Wallets: You can also explore other wallets that support Ethereum and ERC-20 tokens, such as Trust Wallet, Atomic Wallet, or Exodus Wallet.
Remember to always follow the specific instructions for each wallet and ensure you have the necessary information to recover your wallet in case you need to restore it.
To buy Syntropy (NOIA) tokens, you can follow these steps:
Buying on Centralized Exchanges (CEX)- Find a Reliable CEX: Look for a trustworthy centralized exchange like Binance, Coinmetro, or KuCoin where you can buy Syntropy (NOIA).
- Register an Account: Sign up for an account on the chosen exchange if you don't already have one.
- Deposit Funds: Deposit fiat currency or other cryptocurrencies like USDT or BTC into your account.
- Buy NOIA: Use the deposited funds to buy Syntropy (NOIA) tokens directly on the exchange.
- Choose a DEX: Select a decentralized exchange like Uniswap or Sushiwap that supports Syntropy (NOIA) trading.
- Install a Web3 Wallet: Download and set up a Web3 crypto wallet like Metamask or Trust Wallet.
- Transfer Mainnet Cryptocurrency: Purchase the mainnet cryptocurrency (e.g., ETH for Ethereum-based DEX) and transfer it to your wallet.
- Connect Wallet to DEX: Connect your wallet to the DEX and follow the instructions.
- Swap for NOIA: Use the mainnet cryptocurrency to swap for Syntropy (NOIA) tokens on the DEX.
Remember to be cautious of scam tokens on DEX platforms and ensure you have the correct contract address for Syntropy (NOIA).
