NOIA (Syntropy) – Next-Generation Connectivity
This week we are focusing on five assets that were listed on Coinmetro exchange 2 weeks ago. Week 8 of 15 Weeks of Summer campaign was a fruitful one and all five assets DAI, KSM, MATIC, NOIA and NEAR deserve more coverage and a deeper understanding. Why? These projects are shaping the blockchain and crypto space for the better and can make a positive impact for you. In this blog we will be talking about how NOIA (Syntropy) brings better connectivity and makes the internet more accessible.
NOIA (Syntropy) Trading on Coinmetro Exchange
Syntropy is an open-source, decentralized internet protocol enabling more efficient, secure, and equitable distribution of internet resources. The project is led by a team of experienced engineers and scientists from around the world. Syntropy’s mission is to make the internet more accessible and resilient by decentralizing its infrastructure.
The Syntropy network is powered by a global network of nodes that cooperate to route traffic. This decentralized architecture makes it more resistant to censorship and disruptions. It also enables Syntropy to optimize routing decisions based on global network conditions, providing a more efficient and equitable internet for all.
At its core, NOIA is a decentralized internet protocol utilizing a peering network to route internet traffic. Nodes in its network form a mesh network that optimizes routes in real-time based on latency, bandwidth, and node load. This results in reduced internet congestion and improved speeds for users.
While the network is called NOIA, it is powered by a token that goes by the ticker NOIA as well. Syntropy is the name of the company and the project and was founded in early 2017. The native currency is an ERC20 token that is used to power the network and incentivize node operators.
New Trading Pairs: NOIA/USD and NOIA/EUR
NOIA Token Utility
As mentioned, the native token of the Syntropy network is NOIA. This token is used to encourage good behavior on the network and to pay for services.
NOIA tokens are required to run a node on the Syntropy network. Nodes earn rewards for routing traffic and providing other services to the network.
In addition, NOIA tokens can be used to purchase services on the network, such as storage or bandwidth.
The Syntropy team is currently working on several applications that will use the NOIA token, including a decentralized VPN and content delivery network.
Top Features of the NOIA (Syntropy) Network
The Syntropy project has several features that make it stand out among decentralized internet protocols.
First, the network is designed to be more efficient than traditional internet protocols. Syntropy does this by optimizing routes between nodes and by using a novel data compression algorithm. This enables the network to use less bandwidth and energy than existing protocols, which is important for both scalability and sustainability.
Second, given that security is a top priority for any decentralized network, the Syntropy network is designed to be more secure than traditional internet protocols. It accomplishes this by using encryption at every layer of the protocol stack.
Third, the Syntropy network is designed to be more scalable than traditional internet protocols. It accomplishes this by using a hierarchical network topology. Simply put, this is a network topology in which there are multiple levels of nodes. There are three levels of nodes in the network: supernodes, mid nodes, and end nodes. At each level, there are fewer nodes than at the level below it. This enables the network to scale easily to a large number of users.
Decentralization is also a key feature of the Syntropy network. It is designed to be more decentralized than traditional internet protocols by using a decentralized network topology. With a decentralized network topology, there are no centralized points of control. Therefore, the network is more resistant to censorship and attack.
What makes NOIA (Syntropy) Unique?
When it comes to decentralized internet protocols, there are a few key features making NOIA (Syntropy) unique.
To begin with, the Syntropy network is designed to be more efficient than traditional internet protocols. Existing protocols often use inefficient routing algorithms that result in internet congestion and slow speeds for users. In contrast, the Syntropy network uses a dynamic routing algorithm that optimizes routes in real-time based on latency, bandwidth, and node load. This results in reduced internet congestion and improved speeds for users.
In addition, the NOIA protocol is designed to be more scalable than traditional protocols. The current internet infrastructure is not designed to handle the increasing demand for data traffic. As a result, traditional protocols often experience bottlenecks and performance issues when there is a surge in internet usage. In contrast, the NOIA protocol uses a multi-tiered architecture that allows it to scale seamlessly as demand increases.
Finally, the NOIA protocol is designed to be more secure than traditional protocols. The current internet infrastructure is vulnerable to a variety of security threats, such as DDoS attacks and data breaches. In contrast, the NOIA protocol uses a decentralized design that makes it resistant to these types of attacks.
NOIA (Syntropy) Use Cases
The NOIA protocol can be used for a variety of different applications, including:
Content Delivery Networks (CDNs)
Used to build more efficient CDNs that are resistant to internet congestion and DDoS attacks.
Peer-to-Peer (P2P) Networks
Used to build more efficient P2P networks that are resistant to data breaches and performance issues.
Used to build more efficient IoT networks that are resistant to internet congestion and scalability issues.
Final Thoughts About NOIA
NOIA protocol is a next-generation internet protocol that offers many advantages over traditional protocols. It is more efficient, scalable, and secure than existing protocols. In addition, the NOIA protocol can be used for a variety of different applications, including CDNs, P2P networks, and IoT networks. If you’re looking for a more efficient, scalable, and secure way to connect to the internet, the NOIA protocol is worth considering.
Getting Stronger During Bear Markets
If you’ve been in the crypto environment for more than a couple of years, then there’s a chance you understand what is happening now. For a fact, in the last century there have been around 26 bear markets. Can you imagine there are investors alive (and rich) who have been going through a lot of those bear markets? How come they managed to profit? Was it because they bought when the markets were low?
Week 8 of 15WoS was a very busy one with five listings – DAI, KSM, MATIC, NOIA and NEAR – hitting our exchange. We felt the need to revisit these projects with more content and a deeper look into how they work. How they work is they shape the blockchain and cypto space for good, proposing better technology and systems, as we tried to detail in these blogs. This will play a role in the large scale adoption that is only now starting. How are you spending possibly the last bear market before global adoption becomes a reality?
By listing projects that are shaping the future of crypto and blockchain, we know how we are.
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