Components of the Sylo Network
Last updated
Last updated
Seeker Nodes are an application that anyone can run to help provide network services to Sylo users in a truly private, fully decentralised way.
Seeker Nodes provide Incentivised Event Relay to applications and users of the Sylo Network.
Network traffic is allocated to Nodes based on the amount of Sylo Tokens that they have staked. This information is saved on-chain in a Stake Directory.
Sylo Tickets are the payment mechanism on the network; they are used to pay for very small units of work, off-chain.
An Epoch is the main unit of time in the Sylo Network, measured as a number of on-chain blocks.
At the start of each epoch the stake directory is recalculated, and the next epoch's service price is determined.