After the profitable launch of Testnet 1, paving the way in which for the upcoming Streamr Community 1.Zero milestone, Streamr is happy to announce the beginning of Testnet 2!
After the profitable launch of Testnet 1, paving the way in which for the upcoming Streamr Community 1.Zero milestone, Streamr is happy to announce the beginning of Testnet 2! This second incentivized testnet, beginning on 21st December and concluding on eighth January 2024, will see a reward pool of 1.5 million DATA tokens (approx. $104okay USD as of 21/12/24) out there for node Operators to bootstrap a next-generation decentralized information broadcast community.
Key dates and rewards:
- Testnet 1 (accomplished): fifth December – 12th December (Reward Pool: 1 Million DATA ($69okay))
- Testnet 2: 21st December – eighth January (Reward Pool: 1.5 Million DATA ($104okay))
- Testnet 3: 15th January – 29th January (Reward Pool: 2.5 Million DATA ($173okay))
- Streamr 1.Zero Official Launch: February 2024
How one can take part in Testnet 2
As with Testnet 1, to earn a share of the DATA rewards, individuals will both must obtain the most recent model of the Streamr Node and turn into an Operator, or just delegate their DATA tokens to a dependable Operator.
An Operator’s nodes observe the protocol rule of correctly forwarding messages to different linked nodes with good uptime and ample {hardware} sources to deal with the site visitors of the out there incentivized streams. Delegators assist these operations by offering liquidity within the type of DATA tokens.
Stream Sponsorships are good contracts that launch funds over time to Operators (node runners). This method mirrors service stage agreements (SLAs) in conventional networks, making certain dependable information distribution. The quantity of DATA tokens the Operator stakes on the Sponsorship determines the scale of their share of the token stream.
Learn extra on how the assorted roles match collectively in this blog.
Testnet 2 particulars
Testnet 2 will probably be funded with 1.5 million DATA tokens ($104okay). 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 stage as in Testnet 1.
Subsequent-gen use instances to unlock in 1.0
The 1.Zero 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 workforce to discover some thrilling new use instances:
DePIN
The 1.Zero launch will make the Streamr Community higher positioned to reinforce the information broadcasting functionality of Decentralized Bodily Infrastructure Networks (DePINs). As DePINs transfer away from centralized information facilities in the direction of a community of particular person contributors, the Streamr Community’s serverless, safe, and scalable design reveals 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 making certain transparency and security in AI operations. The Streamr Community may additional be deployed in communication and coordination between AI Fashions. These fashions might collect and share real-time insights amongst one another to stage up their collective intelligence. There’s quite a bit to be explored, and with considerations in regards to the future risks of AI, verifiable communication by way of impartial and decentralized networks similar to Streamr present promise to contribute in the direction of the mainstream adoption of AI in our on a regular basis lives.
Decentralized video streaming
Behind closed doorways (for now at the least) Streams has been testing the scalability and stability of decentralized dwell video feeds. Dwell video streaming with a P2P protocol similar to Streamr might supply a path to get rid of the necessity for centralized intermediaries used at present to distribute content material all over the world. The Streamr protocol permits the dwell video feed customers to turn 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 workforce 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 the direction of a completely decentralized information economic system. Users can prepare nodes to say a share of the remaining 5 million DATA tokens and be part of the way forward for decentralized real-time information.
For assist, suggestions, and updates, customers can be a part of the Streamr Discord group, specializing in the #testnet-general and #testnet-announcements channels.
About Streamr
Streamr is constructing the real-time information protocol of the decentralized internet. 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 venture 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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