Decentralized social media platform, Synereo, disclosed a 4-layer tech stack that would power its system, with RChain to replace Blockchain.
It’s yet to see how efficient the proposed model will be by comparison with Facebook and Twitter.
Aside the general knowledge of decentralized platforms as seen in Diaspora*, Steemit and others, not much is known about Synereo which aims to be the first fully decentralized social network based on principles of the attention economy.
Existing Blockchains can’t support the network
According to Synereo’s own paper, Bitcoin, Ethereum and other decentralized systems don’t use “the best engineering and mathematical models for scaling and correctness in order to support mission-critical solutions.”
It noted that known Blockchains are still slow, wasteful and impossible to scale, and by no means can support a social network that would disrupt incumbent players like Facebook or Twitter. Hence the need to come up with a customized structure.
However, we’ll have to see how the tech stack will pan out for the platform that claims that it will change the concept of how the control over content, personal information and monetization would be placed in the hands of users.