[PRESS RELEASE – Bristol, United Kingdom, November 29th, 2023]

Streamr is thrilled to announce the upcoming launch of Testnet 1 for Streamr 1.0, a critical step towards the completion of its 2017 roadmap and the full readiness of the decentralized network. This first incentivized testnet, starting on 4th December and concluding on 11th December, is the precursor to the release of Streamr 1.0 in February, 2024.

Key dates and rewards:

• Streamr Hub 1.0 Release: 28 November
• Testnet 1: 4 December – 11 December (Reward Pool: 1 Million DATA)
• Testnet 2: 18 December – 8 January (Reward Pool: 1.5 Million DATA)
• Testnet 3: 15 January – 29 January (Reward Pool: 2.5 Million DATA)
• Streamr 1.0 Official Release: February 2024

New next-gen features in 1.0

The 1.0 protocol upgrade will unlock peer-to-peer market forces between Sponsors and Operators of the Streamr Network so that robust distribution can be paid for with the currency of the Streamr Network—DATA. The big picture is that 1.0 marks the culmination of the 2017 roadmap, and means the Streamr Network is fully decentralized, production-ready, and complete.

Streamr 1.0 advancements:

• New network roles: The Sponsor, Operator, and Delegator. These roles use DATA tokens to participate in the incentive mechanisms.
• Stream Sponsorships: Smart contracts for managing a stream of earnings distributed among a set of Operators.
• Advanced network capabilities: replacement of tracker nodes with a globally distributed hash table (DHT).

Operators, Delegators, and stream Sponsorships 

Operators and