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Zug, Switzerland, December twenty first, 2023, Chainwire
After the profitable launch of Testnet 1, paving the way in which for the upcoming Streamr Community 1.0 milestone, Streamr is worked up to announce the beginning of Testnet 2! This second incentivized testnet, beginning on twenty first December and concluding on eighth January 2024, will see a reward pool of 1.5 million DATA tokens (approx. $104k USD as of 21/12/24) accessible for node Operators to bootstrap a next-generation decentralized information broadcast community.
Key dates and rewards:
- Testnet 1 (accomplished): fifth December – twelfth December (Reward Pool: 1 Million DATA ($69k))
- Testnet 2: twenty first December – eighth January (Reward Pool: 1.5 Million DATA ($104k))
- Testnet 3: fifteenth January – twenty ninth January (Reward Pool: 2.5 Million DATA ($173k))
- Streamr 1.0 Official Launch: February 2024
The way to take part in Testnet 2
As with Testnet 1, to earn a share of the DATA rewards, members will both must obtain the newest model of the Streamr Node and develop into an Operator, or just delegate their DATA tokens to a dependable Operator.
An Operator’s nodes comply with the protocol rule of correctly forwarding messages to different related nodes with good uptime and adequate {hardware} assets to deal with the site visitors of the accessible incentivized streams. Delegators help these operations by offering liquidity within the type of DATA tokens.
Stream Sponsorships are sensible contracts that launch funds over time to Operators (node runners). This technique mirrors service degree agreements (SLAs) in conventional networks, guaranteeing dependable information distribution. The quantity of DATA tokens the Operator stakes on the Sponsorship determines the scale of their share of the token circulate.
Learn extra on how the assorted roles match collectively in this blog.
Testnet 2 particulars
Testnet 2 shall be funded with 1.5 million DATA tokens ($104k). These stream Sponsorships will run till the top of Testnet 2, which finishes on eighth January 2024. Node Operator penalties will keep on the similar low degree as in Testnet 1.
Subsequent-gen use circumstances to unlock in 1.0
The 1.0 milestone marks the fruits of the 2017 roadmap, unlocking the peer-to-peer market forces between Sponsors and Operators in order that distribution is paid for with the forex of the Streamr Community—DATA. This makes the Community totally decentralized, production-ready, and paves the way in which for the group to discover some thrilling new use circumstances:
DePIN
The 1.0 launch will make the Streamr Community higher positioned to boost the information broadcasting functionality of Decentralized Bodily Infrastructure Networks (DePINs). As DePINs transfer away from centralized information facilities in direction of a community of particular person contributors, the Streamr Community’s serverless, safe, and scalable design exhibits promise to align and supply a platform that helps DePINs to progressively decentralize their tech stack.
Decentralized AI
Streamr additionally has the potential to function a impartial information layer, offering AI with dependable, tamperproof entry to real-time information streams. That is essential for AI reliability, growth and guaranteeing transparency and security in AI operations. The Streamr Community would possibly additional be deployed in communication and coordination between AI Fashions. These fashions might collect and share real-time insights amongst one another to degree up their collective intelligence. There’s so much to be explored, and with issues in regards to the future risks of AI, verifiable communication via impartial and decentralized networks similar to Streamr present promise to contribute in direction of the mainstream adoption of AI in our on a regular basis lives.
Decentralized video streaming
Behind closed doorways (for now a minimum of) Streams has been testing the scalability and stability of decentralized stay video feeds. Stay video streaming with a P2P protocol similar to Streamr could supply a path to get rid of the necessity for centralized intermediaries used right this moment to distribute content material around the globe. The Streamr protocol permits the stay video feed customers to develop into the video feed’s distribution pipeline, which might make for a extra environment friendly, greener and scalable distribution mechanism.
Earlier this yr Streamr streamed the MapMetrics bitcoin live feed instantly from YouTube. The group guarantees to have extra to share on this monitor within the coming weeks.
Get began with Testnet 2
Streamr invitations customers to hitch this journey in direction of a totally decentralized information financial system. Users can prepare nodes to assert a share of the remaining 5 million DATA tokens and be part of the way forward for decentralized real-time information.
For help, suggestions, and updates, customers can be part of the Streamr Discord neighborhood, specializing in the #testnet-general and #testnet-announcements channels.
About Streamr
Streamr is constructing the real-time information protocol of the decentralized net. This features a scalable, low-latency and safe P2P Community for information broadcasting, supply, and trade. As a part of the imaginative and prescient, Streamr has constructed The Hub—a dApp that champions open information to assist DePin, AI, and Web3 builders decentralize their tech stack with actual time information flows. The Streamr undertaking was began by real-time information veterans with backgrounds in algorithmic buying and selling and finance markets.
Contact
Chief Advertising and marketing Officer
Mark Little
Streamr Community
[email protected]
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