Summary:
Streamr has announced the start of Testnet 2, an incentivized testnet aimed at creating a next-generation decentralized data broadcast network. This testnet, running from December 21st to January 8th, offers a reward pool of 1.5 million DATA tokens for node operators to bootstrap the network.
Introduction:
After the successful launch of Testnet 1, Streamr is excited to launch Testnet 2. This testnet aims to pave the way for the upcoming Streamr Network 1.0 milestone and provides participants with the opportunity to earn rewards by becoming node operators or delegating their DATA tokens.
Main Points:
- Key dates and rewards: Testnet 2 will run from December 21st to January 8th and has a reward pool of 1.5 million DATA tokens. Testnet 3 will follow from January 15th to January 29th with a reward pool of 2.5 million DATA tokens. The official release of Streamr 1.0 is expected in February 2024.
- How to participate in Testnet 2: Participants can earn a share of the DATA rewards by becoming node operators or delegating their DATA tokens to reliable operators. Stream Sponsorships provide funds to operators based on service level agreements.
- Testnet 2 details: Testnet 2 is funded with 1.5 million DATA tokens. Stream Sponsorships will continue until the end of Testnet 2, and node operator penalties remain low.
- Next-gen use cases to unlock in 1.0: The Streamr Network 1.0 milestone unlocks new opportunities, such as enhancing decentralized physical infrastructure networks (DePINs) and serving as a neutral data layer for decentralized AI. Streamr also explores decentralized video streaming as a more efficient and scalable distribution mechanism.
Conclusion:
Streamr’s Testnet 2 offers participants the chance to engage in the development of the Streamr Network 1.0 and earn rewards. The upcoming 1.0 milestone will unlock new use cases in decentralized infrastructure, AI, and video streaming. By joining Testnet 2, users can contribute to the future of decentralized real-time data.