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Cryptocurrency

Synonym Launches Architecture For Self-Sovereign Economy Around Bitcoin

5 Mins read



Synonym Software, dedicated to bringing new utility and user experiences to Bitcoin and the Lightning Network, has officially launched today.

“Hyperbitcoinization won’t magically happen on its own,” said John Carvalho, CEO of Synonym, in a statement sent to Bitcoin Magazine. “In order to live in a world without big banks, oppressive regulation, or Big Tech presiding over our lives, we need a strategy and ecosystem to replace the legacy economy. That is where Synonym comes in.”

Synonym builds software to empower the Bitcoin and Lightning networks to encompass more use cases and free users from depending on traditional finance applications and systems.



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