Synereo Whitepaper With Cover
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Chapter 1<br />
<strong>Synereo</strong>: Design<br />
1.1 Introduction<br />
Social networking services are a major part of the Internet, and an important<br />
form of human interaction. The vast majority of the popular services run on<br />
centralized architecture, where the third party service provider grants privileges<br />
to the end users to use its service. In some cases the service is paid for, but in<br />
most cases the service is provided in exchange for viewing advertisements on the<br />
platform. Such services have various shortcomings which we attempt to address<br />
with <strong>Synereo</strong>.<br />
<strong>Synereo</strong> is a decentralized and distributed social network service with a novel<br />
model defining network interactions. Managing the flow of information is critical<br />
for organizing an effective social network. <strong>Synereo</strong> implements an attention<br />
economy to address these concerns. Attention is the brain’s natural method of<br />
information management, and it is a scarce and valuable commodity. <strong>Synereo</strong><br />
treats user’s attention, social feedback and activity on the network as having<br />
an inherent power to influence their reputation and the flow of content across<br />
their communities. This design is meant to give users a sense of social agency<br />
by recognizing and rewarding the value they create by engaging the network.<br />
We are building <strong>Synereo</strong> with a commitment to putting social networks back in<br />
their users’ control.<br />
The network model is based on physical principles of electrical current flow.<br />
We implement insight from the function of the neural networks of the brain<br />
to create a unique ecosystem where information is directed to where it will be<br />
appreciated and utilized well. This creates a stream of information that is most<br />
relevant to users and their communities, and that will promote the generation,<br />
curation, and engagement with content on the network.<br />
<strong>Synereo</strong> uses AMPs as the currency for expanding the organic reach of content<br />
throughout the network. AMPs can be purchased and exchanged between<br />
users, invested in specific content to facilitate its flow through the network, or<br />
used to compensate users for their contribution to it. AMPs are also accrued<br />
for providing necessary infrastructure for the network to operate, such as storing<br />
content and providing bandwidth for sharing it. These mechanisms will be<br />
explained in further detail in the next sections.<br />
From a technical point of view, <strong>Synereo</strong> is a distributed protocol and appli-<br />
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