Streamr Network 1.0 Mainnet Launches, Fulfilling the 2017 Roadmap’s Vision of Decentralized Data Broadcasting

Zug, Switzerland, March nineteenth, 2024, Chainwire

Streamr has introduced the launch of the Streamr Network 1.0 mainnet, a landmark milestone that signifies the completion of the unique 2017 roadmap. 1.0 introduces the full deployment of the $DATA token incentive layer, reworking the community right into a feature-complete, absolutely decentralized protocol run and operated by its customers. 

The fruits of over six years of analysis and growth, three rounds of incentivized testnets, and overcoming a technical hurdle that brought about a final minute launch abort, Streamr 1.0 means decentralized information broadcasting has arrived.

Key options of Streamr 1.0:

• Totally deployed tokenomics: The activation of the $DATA token incentive layer, means the Streamr Network can function autonomously from the staff as a impartial, absolutely decentralized messaging protocol.
• Introduction of new community roles: The peer-to-peer market forces between Sponsors, Operators, and Delegators are unlocked. 
• Stream sponsorships: Sponsors create and fund stream Sponsorships and staked Operators earn from them. These good contracts handle the reward distribution amongst Operators, who run nodes and assist to relay the information inside it. 
• Trackerless community structure: The transition to a trackerless structure, leveraging a globally distributed hash desk (DHT) for enhanced effectivity and scalability.
• New advantages to node operators: With 1.0, it’s now attainable to just accept delegations and take a minimize from the earnings, due to this fact permitting node operators the probability to earn extra. 1.0 additionally brings different enhancements for node operators, together with the elimination of node limits per IP, speedy reward claiming from lively Sponsorships, and different high quality of life enhancements. 

New use circumstances unlocked:

1.0 units the stage for exploring new use circumstances in areas equivalent to Decentralized Bodily Infrastructure Networks (DePIN), decentralized AI, and decentralized video streaming. 

Decentralized video streaming: Streamr is exploring decentralized reside video streaming, testing its capability to ship scalable and steady video feeds to viewers at scale. By leveraging the community’s peer-to-peer protocol, Streamr can get rid of the reliance on centralized distribution factors, permitting viewers to immediately contribute to the broadcasting community as they devour the content material, optimizing effectivity and scalability.

DePIN: Streamr 1.0 enhances the capability for DePINs to transition from centralized information pipelines to a completely decentralized array of contributors. The community’s serverless, safe, and scalable framework is right for broadcasting information from and between related gadgets, transferring DePINs in direction of a very distributed structure.

Decentralized AI: The 1.0 milestone has the potential to transform artificial intelligence by positioning Streamr as a impartial information layer, providing safe information streams for AI growth, reliability, and transparency. With Streamr, AI fashions can interconnect, share insights, plug into real-time tuning information, reside content material distribution, and collectively improve their intelligence. Integrating with a decentralized framework can present a step in direction of making certain AI operations are extra open, verifiable, and up-to-date.

These modifications, alongside the exploration of new use circumstances, underscore Streamr’s dedication to pushing the boundaries of what’s attainable in the realm of decentralized applied sciences.

About Streamr

Streamr is constructing the real-time information protocol of the decentralized internet. This features a scalable, low-latency and safe P2P Network for information broadcasting, supply, and change. As half 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 real-time information flows. The Streamr challenge was began by real-time information veterans with backgrounds in algorithmic buying and selling and finance markets. 

Contact

CMO
Mark Little
Streamr Network
media@streamr.community