Steemit has a lot of competition coming throughout these next few months! I have reported already about, Yours, DECENT, AKASHA, and now Synereo! This is really getting exciting! Anyway, I will get into my Analysis and comparison now!
Synereo - Synereo describes itself as a blockchain 2.0 cryptocurrency, Synereo is using the "the creation of a sharded, composable proof-of-stake-based Blockchain - running, concurretly, at much faster rates." The cryptocurrency behind Synereo, know as AMP, belongs to the list of the fifteen largest cryptocurrencies by market capitalization.
Synereo greatly believe's in the power of decentralization.That’s why there building a completely new model: one where anyone can create, run, and build upon a decentralized network of their very own. If you didn't know, a decentralized network is owned by you and controlled by no one. Users connect directly to one another, through secure cryptographic channels that prevent governments, spooks, and marketing agencies from eavesdropping without your consent. You can exchange services and value, share and collaborate, without anyone in your way.
Synereo's currency are know as AMP's. AMP serves as a way to amplify information flowing throughout the network and consequently should give them market value.
Synereo is the only decentralized platform allowing applications to exist without a centralized server, at all.
Outside of the Synereo social network, Synereo claims they will offer distributed storage, smart contracts, formal verification, built-in-communication capabilities, and a integrated digital currency module with standard payment functions integrated in the future!
In the long run, Synereo would you to build the following:
•A decentralized Uber service.
•Original content.
•Frictionless stock exchanges
Conclusion
This is all we know as of now, The alpha will release next month. (September) All of this competition is good for steemit in my opinion. Let me know what you guys think about Synereo in the comment's! Thanks.
Until Next Time!