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Sylo is a decentralized communication and data exchange network powered by layer2 micropayments and the $SYLO token. The network is provided by user-run services to provide the infrastructure, allowing developers and businesses to run applications privately and smoothly without having to build the underlying network on their own. The project uses a pledge structure and unique probabilistic token issuance to ensure the lowest transaction fees and unlimited scalability. This scalability can be demonstrated in the flagship app Sylo Smart Wallet, a decentralized crypto wallet that currently has over 200,000 users.

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Ethereum core developers scheduled EIP-8141, called "Frame Transactions," for inclusion in the Hegotá upgrade planned for 2027.

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This article is about what is Sylo crypto. Sylo Crypto likely refers to the Sylo Network and its native cryptocurrency, SYLO.
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