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Streamr Announces the Start of Testnet 2 for the Decentralized Streamr Network 1.0 – Paving the Way for Next-Gen Data Broadcasting.docx
SPONSORED POST*
After the successful launch of Testnet 1, paving the way for the upcoming Streamr Network 1.0 milestone, Streamr is excited to announce the start of Testnet 2! This second incentivized testnet, starting on 21st December and concluding on 8th January 2024, will see a reward pool of 1.5 million DATA tokens (approx. $104k USD as of 21/12/24) available for node Operators to bootstrap a next-generation decentralized data broadcast network.
Key dates and rewards:
Testnet 1 (completed): 5th December – 12th December (Reward Pool: 1 Million DATA ($69k))
Testnet 2: 21st December – 8th January (Reward Pool: 1.5 Million DATA ($104k))
Testnet 3: 15th January – 29th January (Reward Pool: 2.5 Million DATA ($173k))
Streamr 1.0 Official Release: February 2024
How to participate in Testnet 2
As with Testnet 1, to earn a share of the DATA rewards, participants will either need to download the latest version of the Streamr Node and become an Operator, or simply delegate their DATA tokens to a reliable Operator.
An Operator’s nodes follow the protocol rule of properly forwarding messages to other connected nodes with good uptime and sufficient hardware resources to handle the traffic of the available incentivized streams. Delegators support these operations by providing liquidity in the form of DATA tokens.
Stream Sponsorships are smart contracts that release funds over time to Operators (node runners). This system mirrors service level agreements (SLAs) in traditional networks, ensuring reliable data distribution. The amount of DATA tokens the Operator stakes on the Sponsorship determines the size of their share of the token flow.
Read more on how the various roles fit together in this blog.
Testnet 2 details
Testnet 2 will be funded with 1.5 million DATA tokens ($104k). These stream Sponsorships will run until the end of Testnet 2, which finishes on 8th January 2024. Node Operator penalties will stay at the same low level as in Testnet 1.
Next-gen use cases to unlock in 1.0
The 1.0 milestone marks the culmination of the 2017 roadmap, unlocking the peer-to-peer market forces between Sponsors and Operators so that distribution is paid for with the currency of the Streamr Network—DATA. This makes the Network fully decentralized, production-ready, and paves the way for the team to explore some exciting new use cases:
DePIN
The 1.0 release will make the Streamr Network better positioned to enhance the data broadcasting capability of Decentralized Physical Infrastructure Networks (DePINs). As DePINs move away from centralized data centers towards a network of individual contributors, the Streamr Network’s serverless, secure, and scalable design shows promise to align and offer a platform that helps DePINs to progressively decentralize their tech stack.
Decentralized AI
Streamr also has the potential to serve as a neutral data layer, providing AI with reliable, tamperproof access to real-time data streams. This is crucial for AI reliability, development and ensuring transparency and safety in AI operations. The Streamr Network might further be deployed in communication and coordination between AI Models. These models could gather and share real-time insights amongst each other to level up their collective intelligence. There’s a lot to be explored, and with concerns about the future dangers of AI, verifiable communication through neutral and decentralized networks such as Streamr show promise to contribute towards the mainstream adoption of AI in our everyday lives.
Decentralized video streaming
Behind closed doors (for now at least) Streams has been testing the scalability and stability of decentralized live video feeds. Live video streaming with a P2P protocol such as Streamr may offer a path to eliminate the need for centralized intermediaries used today to distribute content around the world. The Streamr protocol allows the live video feed consumers to become the video feed’s distribution pipeline, which could make for a more efficient, greener and scalable distribution mechanism.
Earlier this year Streamr streamed the MapMetrics bitcoin live feed directly from YouTube. The team promises to have more to share on this track in the coming weeks.
Get started with Testnet 2
Streamr invites users to join this journey towards a fully decentralized data economy. Users can prepare nodes to claim a share of the remaining 5 million DATA tokens and be a part of the future of decentralized real-time data.
For support, feedback, and updates, users can join the Streamr Discord community, focusing on the #testnet-general and #testnet-announcements channels.
About Streamr
Streamr is building the real-time data protocol of the decentralized web. This includes a scalable, low-latency and secure P2P Network for data broadcasting, delivery, and exchange. As part of the vision, Streamr has built The Hub—a dApp that champions open data to help DePin, AI, and Web3 builders decentralize their tech stack with real time data flows. The Streamr project was started by real-time data veterans with backgrounds in algorithmic trading and finance markets.
*This article was paid. Cryptonomist did not write the article or test the platform.
After the successful launch of Testnet 1, paving the way for the upcoming Streamr Network 1.0 milestone, Streamr is excited to announce the start of Testnet 2! This second incentivized testnet, starting on 21st December and concluding on 8th January 2024, will see a reward pool of 1.5 million DATA tokens (approx. $104k USD as of 21/12/24) available for node Operators to bootstrap a next-generation decentralized data broadcast network.
Key dates and rewards:
Testnet 1 (completed): 5th December – 12th December (Reward Pool: 1 Million DATA ($69k))
Testnet 2: 21st December – 8th January (Reward Pool: 1.5 Million DATA ($104k))
Testnet 3: 15th January – 29th January (Reward Pool: 2.5 Million DATA ($173k))
Streamr 1.0 Official Release: February 2024
How to participate in Testnet 2
As with Testnet 1, to earn a share of the DATA rewards, participants will either need to download the latest version of the Streamr Node and become an Operator, or simply delegate their DATA tokens to a reliable Operator.
An Operator’s nodes follow the protocol rule of properly forwarding messages to other connected nodes with good uptime and sufficient hardware resources to handle the traffic of the available incentivized streams. Delegators support these operations by providing liquidity in the form of DATA tokens.
Stream Sponsorships are smart contracts that release funds over time to Operators (node runners). This system mirrors service level agreements (SLAs) in traditional networks, ensuring reliable data distribution. The amount of DATA tokens the Operator stakes on the Sponsorship determines the size of their share of the token flow.
Read more on how the various roles fit together in this blog.
Testnet 2 details
Testnet 2 will be funded with 1.5 million DATA tokens ($104k). These stream Sponsorships will run until the end of Testnet 2, which finishes on 8th January 2024. Node Operator penalties will stay at the same low level as in Testnet 1.
Next-gen use cases to unlock in 1.0
The 1.0 milestone marks the culmination of the 2017 roadmap, unlocking the peer-to-peer market forces between Sponsors and Operators so that distribution is paid for with the currency of the Streamr Network—DATA. This makes the Network fully decentralized, production-ready, and paves the way for the team to explore some exciting new use cases:
DePIN
The 1.0 release will make the Streamr Network better positioned to enhance the data broadcasting capability of Decentralized Physical Infrastructure Networks (DePINs). As DePINs move away from centralized data centers towards a network of individual contributors, the Streamr Network’s serverless, secure, and scalable design shows promise to align and offer a platform that helps DePINs to progressively decentralize their tech stack.
Decentralized AI
Streamr also has the potential to serve as a neutral data layer, providing AI with reliable, tamperproof access to real-time data streams. This is crucial for AI reliability, development and ensuring transparency and safety in AI operations. The Streamr Network might further be deployed in communication and coordination between AI Models. These models could gather and share real-time insights amongst each other to level up their collective intelligence. There’s a lot to be explored, and with concerns about the future dangers of AI, verifiable communication through neutral and decentralized networks such as Streamr show promise to contribute towards the mainstream adoption of AI in our everyday lives.
Decentralized video streaming
Behind closed doors (for now at least) Streams has been testing the scalability and stability of decentralized live video feeds. Live video streaming with a P2P protocol such as Streamr may offer a path to eliminate the need for centralized intermediaries used today to distribute content around the world. The Streamr protocol allows the live video feed consumers to become the video feed’s distribution pipeline, which could make for a more efficient, greener and scalable distribution mechanism.
Earlier this year Streamr streamed the MapMetrics bitcoin live feed directly from YouTube. The team promises to have more to share on this track in the coming weeks.
Get started with Testnet 2
Streamr invites users to join this journey towards a fully decentralized data economy. Users can prepare nodes to claim a share of the remaining 5 million DATA tokens and be a part of the future of decentralized real-time data.
For support, feedback, and updates, users can join the Streamr Discord community, focusing on the #testnet-general and #testnet-announcements channels.
About Streamr
Streamr is building the real-time data protocol of the decentralized web. This includes a scalable, low-latency and secure P2P Network for data broadcasting, delivery, and exchange. As part of the vision, Streamr has built The Hub—a dApp that champions open data to help DePin, AI, and Web3 builders decentralize their tech stack with real time data flows. The Streamr project was started by real-time data veterans with backgrounds in algorithmic trading and finance markets.
*This article was paid. Cryptonomist did not write the article or test the platform.
Aimedis x PREPAiRE
PREPAiRE is leveraging advanced machine learning techniques to innovate in the field of drug discovery and personalized medicine. Here’s a simplified summary of what they are doing:
Advanced Algorithm Use: The company is using Convolutional Deep Neural Networks (CNN) and Generative Adversarial Networks (GANs), both of which are complex machine learning models. CNNs are primarily used in pattern recognition within images, while GANs can generate new data that resembles the input data.
Chemical and Biological Modeling: With these algorithms, PREPAiRE is creating models that can identify the interactions between proteins and other substances (ligands), generate molecular structures with desired properties, and prepare synthetic data for drug discovery and personalized treatment. These models could potentially streamline the process of finding viable drug candidates.
Precision Medicine: The company is also working on integrating whole-genome sequencing with deep phenotyping to create a comprehensive view of a patient’s disease profile. This could enable more precise and effective treatment plans.
CRISPR and IPS Technologies: The utilization of advanced technologies such as CRISPR (a gene-editing tool) and IPS (induced pluripotent stem cells, which are a type of cell that can be guided to become any type of cell in the body) can establish new approaches for disease treatment and prevention.
Platform Integration: PREPAiRE’s platform aims to combine prediction done in silico (performed on computer or via computer simulation) with high-throughput wet-lab validation, which means testing these predictions in a lab environment. This iterative cycle of prediction and validation allows for continuous improvements and increases in efficiency, accuracy, and reliability.
In essence, PREPAiRE is pushing the boundaries of personalized medicine by combining advanced technologies and machine learning techniques to predict and validate effective treatments at an individual level. This could potentially revolutionize the drug discovery process and the way we approach disease treatment and prevention.
What does the collaboration look like?
The first part of the collaboration combines an Avalon representation of Prepaire to visualize on different services and procedures down to a genetic level. The information from population scale data, cell based disease models and predicitve insights will be a first part in the usage of the Aimedis NFT data marketplace to start mainstreaming on that type of information.
Prepaire will also enable Avalon users to get genetic information by sending in a blood sample that is being used to extract specific genetic information that then can be combined with the digital twin inside the Aimedis platform. In combination of health data, socio economic data, IoT and pharmaceutical data and the genetic information, AI is being used to further predict the likelyhood of future disease to help prolong life and health for decades to come.
#AIMX #AI #doctor #NFT #Data
Advanced Algorithm Use: The company is using Convolutional Deep Neural Networks (CNN) and Generative Adversarial Networks (GANs), both of which are complex machine learning models. CNNs are primarily used in pattern recognition within images, while GANs can generate new data that resembles the input data.
Chemical and Biological Modeling: With these algorithms, PREPAiRE is creating models that can identify the interactions between proteins and other substances (ligands), generate molecular structures with desired properties, and prepare synthetic data for drug discovery and personalized treatment. These models could potentially streamline the process of finding viable drug candidates.
Precision Medicine: The company is also working on integrating whole-genome sequencing with deep phenotyping to create a comprehensive view of a patient’s disease profile. This could enable more precise and effective treatment plans.
CRISPR and IPS Technologies: The utilization of advanced technologies such as CRISPR (a gene-editing tool) and IPS (induced pluripotent stem cells, which are a type of cell that can be guided to become any type of cell in the body) can establish new approaches for disease treatment and prevention.
Platform Integration: PREPAiRE’s platform aims to combine prediction done in silico (performed on computer or via computer simulation) with high-throughput wet-lab validation, which means testing these predictions in a lab environment. This iterative cycle of prediction and validation allows for continuous improvements and increases in efficiency, accuracy, and reliability.
In essence, PREPAiRE is pushing the boundaries of personalized medicine by combining advanced technologies and machine learning techniques to predict and validate effective treatments at an individual level. This could potentially revolutionize the drug discovery process and the way we approach disease treatment and prevention.
What does the collaboration look like?
The first part of the collaboration combines an Avalon representation of Prepaire to visualize on different services and procedures down to a genetic level. The information from population scale data, cell based disease models and predicitve insights will be a first part in the usage of the Aimedis NFT data marketplace to start mainstreaming on that type of information.
Prepaire will also enable Avalon users to get genetic information by sending in a blood sample that is being used to extract specific genetic information that then can be combined with the digital twin inside the Aimedis platform. In combination of health data, socio economic data, IoT and pharmaceutical data and the genetic information, AI is being used to further predict the likelyhood of future disease to help prolong life and health for decades to come.
#AIMX #AI #doctor #NFT #Data
Smart Contract Immutability Threatened By EU Parliament’s Data Act
The European Union (EU) Council has agreed to amend the Data Law, which mandates a ‘kill switch’ for applications using smart contracts, according to local industry sources.
This comes after the EU Parliament passed the ‘Data Act‘ on March 14, which weakens the immutability of smart contracts. The bill includes regulations requiring smart contracts to have access control, transaction confidentiality protection, and suspend and reset functions.
However, the decentralized finance (DeFi) market is protesting that these functions required by the bill may undermine the original purpose of smart contracts, which are contracts that are automatically executed through code recorded on a public blockchain without an intermediary. The DeFi market argues that the bill could potentially compromise the public and immutable nature of smart contracts, which is a fundamental aspect of blockchain technology.
Popular decentralized exchange (DEX) Curve Finance has already spoken out against the bill, saying that it is impossible to implement. Other players in the DeFi market are likely to follow suit, as they consider the bill to be a significant threat to their operations.
The bill went to a three-way consultation in which the European Union Parliament, the Council and the Executive Committee discussed details. The first related meeting was held on the same day that the EU Council agreed to amend the Data Law. The final draft of the data law will be decided after negotiations between the Parliament and the Council through the mediation of the European Commission.
The passing of the Data Act and the subsequent amendment of the Data Law highlights the ongoing debate around the regulation of blockchain technology and its applications. While some argue that regulations are necessary to ensure the protection of users and to prevent abuse, others argue that excessive regulation could stifle innovation and compromise the core principles of blockchain technology. As the DeFi market continues to grow and evolve, it is likely that similar debates will continue to emerge in the future.
#EU #Data #smartcontract #crypto2023 #azcoinnews
This article was republished from azcoinnews.com
This comes after the EU Parliament passed the ‘Data Act‘ on March 14, which weakens the immutability of smart contracts. The bill includes regulations requiring smart contracts to have access control, transaction confidentiality protection, and suspend and reset functions.
However, the decentralized finance (DeFi) market is protesting that these functions required by the bill may undermine the original purpose of smart contracts, which are contracts that are automatically executed through code recorded on a public blockchain without an intermediary. The DeFi market argues that the bill could potentially compromise the public and immutable nature of smart contracts, which is a fundamental aspect of blockchain technology.
Popular decentralized exchange (DEX) Curve Finance has already spoken out against the bill, saying that it is impossible to implement. Other players in the DeFi market are likely to follow suit, as they consider the bill to be a significant threat to their operations.
The bill went to a three-way consultation in which the European Union Parliament, the Council and the Executive Committee discussed details. The first related meeting was held on the same day that the EU Council agreed to amend the Data Law. The final draft of the data law will be decided after negotiations between the Parliament and the Council through the mediation of the European Commission.
The passing of the Data Act and the subsequent amendment of the Data Law highlights the ongoing debate around the regulation of blockchain technology and its applications. While some argue that regulations are necessary to ensure the protection of users and to prevent abuse, others argue that excessive regulation could stifle innovation and compromise the core principles of blockchain technology. As the DeFi market continues to grow and evolve, it is likely that similar debates will continue to emerge in the future.
#EU #Data #smartcontract #crypto2023 #azcoinnews
This article was republished from azcoinnews.com
$LINK (Chainlink) is gaining it's strength with Smart DEX Traders, let's have a look at it' movements on December 20!
Follow more insights with iCrypto AI bot
$LINK , in the past several days, have been through much volatility. However, in the past 7 days, many Smart DEX Traders have been accumulating this token. They have accumulated 139.6K $LINK ($2.01M) at the avg. price of $14.3 📈
Their total position at 00:00 UTC:
- Realized PnL: $10.39M
- Unrealized PnL: $3.99M
Hovering around the price line of $15 - $17 these past months, do you think $LINK will be able to break and surges up? Follow for more news and insights!
#LINK #News #Data
Follow more insights with iCrypto AI bot
$LINK , in the past several days, have been through much volatility. However, in the past 7 days, many Smart DEX Traders have been accumulating this token. They have accumulated 139.6K $LINK ($2.01M) at the avg. price of $14.3 📈
Their total position at 00:00 UTC:
- Realized PnL: $10.39M
- Unrealized PnL: $3.99M
Hovering around the price line of $15 - $17 these past months, do you think $LINK will be able to break and surges up? Follow for more news and insights!
#LINK #News #Data
