Zug, Switzerland, March 19, 2024, Chainwire
Streamr announced the launch of Streamr Network 1.0 mainnet, a milestone that marks the completion of the original network. 2017 roadmap. 1.0 introduces the full deployment of the $DATA token incentive layer, transforming the network into a fully featured, fully decentralized protocol, run and operated by users.
The culmination of more than six years of research and development, three incentivized testnets, and overcoming technical hurdles that caused a last-minute launch cancellation, Streamr 1.0 marks the arrival of decentralized data broadcasting.
Main features of Streamr 1.0:
- Fully expanded tokenomics: activation of $DATA Token Incentive Layermeans that the Streamr network can operate autonomously from teams as a neutral, fully distributed messaging protocol.
- Introducing new network roles: Unleash the power of a peer-to-peer marketplace between sponsors, operators, and delegators.
- Stream sponsorship: Sponsors create and fund sponsorships, and operators earn income from them. These smart contracts manage reward distribution between operators who run the nodes and help relay data within the nodes.
- Trackerless network architecture: Moving to a trackerless architecture. Leverages a globally distributed hash table (DHT) to enhance efficiency and scalability.
- New benefits for node operators: 1.0 gives node operators the opportunity to earn more revenue by allowing them to accept delegations and receive a portion of the revenue. 1.0 also brings other enhancements for node operators, including the removal of per-IP node limits, instant reward claims from active sponsorships, and other quality of life improvements.
New use cases are unlocked:
1.0 sets the stage for exploring new use cases in areas such as decentralized physical infrastructure networks (DePIN), decentralized AI, and decentralized video streaming.
decentralized video streaming: Streamr is exploring decentralized live video streaming, testing its ability to deliver scalable and stable video feeds to viewers at scale. By leveraging the network's peer-to-peer protocols, Streamr eliminates dependence on centralized distribution points and enables viewers to contribute directly to the broadcast network while consuming content, optimizing efficiency and scalability.
Depin: Streamr 1.0 enhances DePIN's ability to move from a centralized data pipeline to a fully decentralized contributor array. The network's serverless, secure, and scalable framework is ideal for broadcasting data between connected devices and moving DePIN to a truly decentralized architecture.
decentralized AI: The 1.0 milestone can be: Transforming artificial intelligence We position Streamr as a neutral data layer, providing a secure data stream for AI development, trust, and transparency. Streamr allows AI models to connect with each other, share insights, connect to real-time tuning data and live content delivery, and collectively power intelligence. By integrating with decentralized frameworks, you can take a step toward making your AI operations more open, verifiable, and modern.
These changes, along with exploring new use cases, highlight Streamr's commitment to pushing the boundaries of what is possible in the realm of decentralized technology.
About streamers
streamer is building a real-time data protocol for the decentralized web. This includes a scalable, low-latency, secure P2P network for data broadcast, distribution, and exchange. As part of our vision, Streamr built The Hub, a dApp that champions open data, allowing DePin, AI, and Web3 builders to decentralize their tech stacks with real-time data flows. The Streamr project was started by real-time data veterans with experience in algorithmic trading and financial markets.
contact
CMO
mark little
streamer network
media@streamr.net
Source: the-blockchain.com
