In time, the reward system will shift towards the full incentivization model as outlined in the Sylo Incentivisation whitepaper.įor decentralised apps, the launch of Oya results in the ability to run without a single point of control, all whilst scaling at rates of experience quality never before possible. Special attention has been given to transform these technical concepts into simple realities, and everyday users will be able to participate in these previously complex technologies by means of straightforward UI in their Sylo Smart Wallet.īenefits to Sylo users include the provision of fast, consistently reliable, and fully decentralised communication and financial capabilities, through privacy-preserving apps such as the Sylo Smart Wallet, as well as the ability to run and own a Sylo Node, providing communication and storage services on the Sylo Network and to receive rewards for their contributions. Through Oya, Sylo transforms its over a quarter of a million users into empowered participants able to easily take part by either strengthening the Sylo Network through their usage, or by extending the power and reach of the network by running a Sylo Node. ![]() 03, 2020 (GLOBE NEWSWIRE) - (via Blockchain Wire) Software development firm Sylo has officially launched Oya, a complete reimagining of their backend architecture that leads the way for mainstream decentralisation.Ĭentering around the release of user-run nodes, the technology released in the Oya launch is the final pivotal stage of the long-held Sylo vision to democratize access to communication and financial capabilities, without sacrificing privacy, personal data and user experience.
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