130k Nodes participated in the Streamr Testnets
04 Novembre 2021 - 10:25AM
NEWSBTC
The Ethereum Blockchain has 3,000 nodes and the Bitcoin Blockchain
around 12,000 nodes on a daily average. The Streamr Network, which
is not a blockchain, had in total 130,000 nodes joining throughout
its testnet phase that ran over the course of the past two months.
At its peak, the third Testnet had 90,000 node runners
simultaneously participating from 85 different countries. This made
the Streamr Testnet one of the biggest P2P networks in computing
history. So what is the Streamr Network? Streamr is a decentralized
network for real-time data transport. Real-time data services are
needed when you receive a notification on your phone, or when
someone sends a tweet. If we look at the existing web 3 stack, we
have blockchains for security, financial transactions and identity
management, then there are data storage solutions like IPFS or
Skynet, but these components alone do not make the decentralized
web as instantaneous as the centralized web. An NFT stored on IPFS
will take several seconds to load, but web 2 operates at the speed
of milliseconds. That’s where the Streamr Network becomes an
important component of the web 3 stack. During the Streamr
Testnets, node runners were able to broadcast messages to every
other node in the network in about 350 milliseconds on average.
What do we need these fast broadcasting services for? How about
decentralized in browser gaming, decentralized social media,
decentralized live streaming! If built in a decentralized
architecture, these services could come with all the permissionless
elements crypto users are already accustomed to from the DeFi and
NFT space, but now a little bit further and faster. [Image 1: The
amount of simultaneous nodes in each testnet compared to the size
of Ethereum or Bitcoin networks] Streamr has been around since 2017
– so why did the testnet only launch now? The technology the
Streamr Network is utilising has been in research and development
for the past four years. The team set out to build something that
has never been done before and therefore a lot of time was needed
to reach the first Testnet. Satoshi most likely didn’t invent the
Bitcoin Blockchain in one afternoon either, and the same can be
said about the technology that is powering the Streamr Network. Why
was it so easy for so many node runners to join the Streamr
Network? In order to run a node on the Streamr Network, node
runners did not require top-notch hardware. This made it a lot
easier for people from all over the world to spin up a node and
join the testnets. Node runners must simply connect and mine their
bandwidth, with rewards earned based on the amount mined, and
therefore the Network saw a wide range of hardware devices joining
in. On Twitter, the community shared their node setups, including a
Raspberry Pi getting power from a solar panel and an old laptop
powered by electricity taken from a motorbike. There were tablets,
phones and of course plenty of different server and cloud setups in
Linux, Android, Raspberry Pi OS, macOS and Windows. [Image 2:
Raspberry Pi getting the power from a solar panel] [Image 3: An old
laptop powered by electricity taken from a motorbike] What kind of
mining rewards do Streamr node runners receive? Node runners were
incentivized by mining rewards. In total 2,000,000 $DATA tokens are
to be airdropped to around 130,000 individual wallets on an
Ethereum scaling solution. In addition, special NFTs will be
dropped to outstanding contributors of the Testnets and the most
active community members. During the Brubeck Testnets the team was
able to confirm several hypotheses on the Network’s capabilities
and scalability. First of all, the choice to boldly go fully
decentralized was the right thing to do. Additionally, the team was
able to confirm some of the earlier results from their research and
simulations when it comes to the observed latency as a function of
the number of nodes. There is a so-called ‘Relative Delay Penalty’
(RDP) metric, which can be used to illustrate that the message
propagation delay grows very little when the Network’s size is
expanding. Why is this important? Imagine that you want to talk to
90,000 people at the same time. In traditional networking, this
would mean that you need to be able to contact each person and tell
them individually what you wanted to say. In the decentralized web
3 and Streamr stack, you just publish your message and in 350
milliseconds everyone has it everywhere in the world. Streamr
offers scalability out-of-the-box. A centralised system in the
cloud would have to “solve” scalability as a separate problem,
whereas scalability is built into Streamr. That means going forward
the Streamr Network is well suited to run much more than 90,000
nodes. In the Streamr Network whitepaper, the team measured
networks of up to 2,000 nodes, whereas the Brubeck Testnet ran
90,000 nodes, and there is barely a difference in the observed
latency. Streamr co-founder Henri Pihkala said that “After 4 years
of R&D, we have reached the point where we are ready to run
large-scale tests of the Streamr Network’s scalability. And with
more than 90,000 third-party nodes in the Brubeck Testnet, we just
formed one of the biggest P2P networks in computing history. This
confirms that the Streamr Network is indeed on par with centralised
competitors in terms of performance. And now we’re more than ready
for the Mainnet launch.” The Streamr Brubeck Mainnet will get
launched later this year. Following the achievement of this
important milestone, the Network’s token economics and $DATA
staking mechanisms will be incrementally introduced over the course
of 2022. Node runners and token holders will be able to stake $DATA
and mine bounties in return for token rewards.
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