Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between all blockchains. Its AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain.
**How Does Synternet Work?**
The Synternet ecosystem functions through a dynamic network, anchored by its Data Layer that ensures efficient blockchain data access. This network consists of publishers, subscribers, brokers, and observers, each integral to the system's operation and security.
Publishers, the network's foundation, generate and stream data to brokers. They label each data stream with a specific subject, fostering a system where diverse data is openly contributed and accessible.
Subscribers, forming the demand side, pay for data access. They use on-chain agreements, brokered via the developer portal, to ensure transaction transparency and fairness.
Brokers, crucial for data flow, act as intermediaries between publishers and subscribers. They must register and deposit NOIA tokens, securing their commitment and discouraging freeloaders.
Observers ensure the network's integrity by checking the accuracy of brokers' proofs, adding a layer of trust. Like brokers, observers register and deposit NOIA tokens to affirm their dedication to their roles.
**What is NOIA Token Used for?**
The NOIA token is the native currency that powers the Synternet protocol. It has a number of key utilities that enable the protocol to function effectively.
How to Buy NOIA on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing NOIA. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing NOIA.
Step 5: Purchase NOIA
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of NOIA you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy NOIA.
Step 6: Store Your NOIA
After purchasing, you can choose to store your NOIA in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and NOIA assets, be sure to use a strong password and enable two-factor authentication.
NOIA Price:Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chainsThe price fluctuates daily, and as of first half of 2024, the highest price for NOIA was $0.8858.
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