This scalability is already on show within the project’s flagship app, the Sylo Smart Wallet a decentralized, private messenger and crypto wallet with over a quarter-million users. A staking architecture and unique probabilistic ticketing solution ensure minimal transaction fees and limitless scalability. User-run Service Peers provide infrastructure to the network which allows developers and businesses to run privacy-first, unstoppable apps without deploying any infrastructure of their own. Sylo is a decentralized communication and data exchange network powered by a layer 2 micro payments infrastructure and the SYLO token. The fully decentralized Sylo DApp will be the 1st application built on the blockchain-based Sylo Protocol, using technology already commercialized in the Sylo App that’s currently used by thousands globally, available on Apple Store and Google Play Store. Powered by blockchain and combined with other decentralized technologies, this Protocol will act as the networking layer for the Sylo DApp and 3rd-party connected-apps, while providing charging options for specific communications and services over the network. The Sylo Protocol is being developed to provide fully decentralized confidential communication as a utility to all connected-apps within the Sylo ecosystem. The protocol acts as the confidential networking layer for the Sylo App, creating P2P connections and providing a way for users to interact and exchange data confidentially.
The Sylo Protocol provides confidential communication as a utility to the Sylo Confidential Communication App. Operator of the SYLO smart wallet, which has over 250,000 users.
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