Streamr Launches Testnet Two for Decentralized Streamr Network 1.0 – Revolutionizing Next-Gen Data Broadcasting

Streamr Launches Testnet Two for Decentralized Network 1.0

Zug, Switzerland – Streamr is excited to announce the start of ‘testnet two’ following the successful launch of ‘testnet one.’ This incentivized testnet will run from December 21, 2023, to January 8, 2024, and offers a reward pool of 1.5 million DATA tokens (approximately $104,000) for node operators.

Key Dates and Rewards

Testnet one (completed) – December 5-12, 2023 – reward pool: one million DATA ($69,000)
Testnet two – December 21, 2023 – January 8, 2024 – reward pool: 1.5 million DATA ($104,000)
Testnet three – January 15-29, 2024 – reward pool: 2.5 million DATA ($173,000)
Streamr 1.0 official release – February 2024

How to Participate in Testnet Two

To earn rewards, participants can download the latest version of the Streamr Node and become an operator or delegate their DATA tokens to a reliable operator. Operators must forward messages to other nodes with good uptime and hardware resources while delegators provide liquidity in the form of DATA tokens.

Testnet Two Details

Testnet two will be funded with 1.5 million DATA tokens ($104,000), and node operator penalties will remain low. This milestone paves the way for exciting new use cases such as enhancing decentralized physical infrastructure networks (DePINs), decentralized AI development, and decentralized video streaming.

Hot Take: Streamr Testnet Two Unlocks Next-Gen Data Broadcasting

Streamr’s launch of testnet two for the decentralized Streamr Network 1.0 marks a significant step towards a fully decentralized data economy. With rewards available for node operators and the upcoming release of Streamr 1.0, the network is on track to unlock next-generation data broadcasting capabilities. This development opens up possibilities for use cases like decentralized physical infrastructure networks, decentralized AI, and decentralized video streaming. By providing a reliable, tamperproof data layer, Streamr aims to contribute to the mainstream adoption of AI and revolutionize data distribution in various industries.