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Streamr Community 1.0 Core Community Launched, Fulfilling 2017 Imaginative and prescient of Decentralized Information Broadcasting

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Zug, Switzerland, March 19, 2024, Chainwire

Streamr has introduced the launch of the Streamr Community 1.0 mainnet, a milestone that marks the completion of the unique plan for 2017. 1.0 introduces the complete deployment of the $DATA token incentive layer, remodeling the community into a totally decentralized, full-featured protocol run and operated by its customers.

The end result of greater than six years of analysis and growth, three rounds of incentive check networks, and overcoming a technical hurdle that induced the launch to be aborted on the final minute, Streamr 1.0 marks the arrival of decentralized knowledge broadcasting.

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Key options of Streamr 1.0

  • Totally Deployed Tokenomics: The activation of the $DATA token incentive layer implies that the Streamr community can function autonomously from the staff as a impartial, totally decentralized messaging protocol.
  • Introducing new community roles: Peer-to-peer market forces between sponsors, operators and delegates are unlocked.
  • Stream Sponsorship: Sponsors create and fund a stream of sponsorships and earn from them within the wager operators. These sensible contracts govern the distribution of rewards between the operators who function the nodes and assist switch knowledge inside them.
  • Monitoring-free community structure: Transition to a traceless structure utilizing a globally distributed hash desk (DHT) for higher effectivity and scalability.
  • New Advantages for Node Operators: With model 1.0, it’s now doable to simply accept delegation and cut back your earnings, permitting node operators to earn extra. 1.0 additionally brings extra enhancements for node operators, together with the removing of node per IP limits, rapid reward eligibility from lively sponsorships, and different high quality of life enhancements.

New use circumstances unlocked

1.0 paves the best way for exploring new use circumstances in areas similar to decentralized bodily infrastructure networks (DePIN), decentralized synthetic intelligence, and decentralized video streaming.

Decentralized video streaming: Streamr explores decentralized stay video streaming and assessments its capacity to ship scalable and secure video feeds to viewers at scale. By leveraging a peer-to-peer community protocol, Streamr can get rid of dependence on centralized distribution factors, permitting viewers to immediately contribute to the printed community as they eat content material, optimizing effectivity and scalability.

DePIN: Streamr 1.0 will increase the capability for DePIN to maneuver from centralized knowledge feeds to a totally decentralized array of contributors. The serverless, safe and scalable community framework is good for streaming knowledge between linked gadgets and strikes DePIN in direction of a very distributed structure.

Decentralized AI: Milestone 1.0 has the potential to remodel AI by positioning Streamr as a impartial knowledge layer that provides safe knowledge streams for AI growth, reliability and transparency. With Streamr, AI fashions can join, share insights, interact with real-time debugging knowledge, distribute stay content material, and enhance their intelligence collectively. Integrating with a decentralized framework is usually a step in direction of guaranteeing extra open, verifiable and up-to-date AI operations.

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These adjustments, together with exploring new use circumstances, underscore Streamr’s dedication to pushing the boundaries of what is doable in decentralized know-how.

About Streamr

Streamr builds a real-time decentralized net knowledge protocol. This features a scalable and safe, low-latency P2P community for knowledge transmission, supply and alternate. As a part of Streamr’s imaginative and prescient, he constructed The Hub – a dApp that promotes open knowledge to assist DePin, AI and Web3 creators decentralize their know-how stack with real-time knowledge streams. Streamr was began by real-time knowledge veterans with expertise in algorithmic buying and selling and monetary markets.

Contact

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CMO
Mark Malý
Streamr Community
(electronic mail protected)

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