Although summer is usually a time to take things slow, this year we decided to lean in, ship, publish, and as always, make steady progress towards our longer-term vision of full decentralization. Here are the some of the highlights:
Releasing the Network whitepaper marks the completion of our academic research phase of the current Network milestone. This research is especially important to the Streamr project’s enterprise adoption track, and focused on the latency and scalability of the network, battle tested with messages propagated through real-world data centres around the world. The key findings were:
These findings are impressive! Not only do they show that the Network is already on par with centralized message brokers in terms of speed, they also give us great confidence that the fully decentralized network can scale without introducing significant message propagation latency. We invite you to read the full paper to learn more.
While the release of the Network whitepaper has been a long-term side project for the Network team, development of the Network continues to accelerate. As real-time message delivery is the primary function of the Network, so far we haven’t focused much on decentralizing the storage of historical messages. However, as the whole Network is heading towards decentralization, so is the storage functionality. The long-term goal regarding storage is that anyone will be able to join in and a storage node. Stream owners will be able to hire one or more of these independent storage nodes to store the historical data in their streams. The completion of the storage rewrite is another big step towards full decentralization.
The token economics research track with BlockScience has proceeded to Phase 2. In Phase 1, mathematical formulations of the actors, actions, and agreements in the Network were created. In the current Phase 2, simulation code is being written for the first time. The simulations leverage the open source cadCAD framework developed by BlockScience. The models developed in Phase 2 are simple toy models, the purpose of which is to play around with the primitives defined in Phase 1 and verify that they are implemented correctly. In Phase 3, the first realistic models of the Streamr Network economy will be implemented.
On the Data Unions front, development of the 2.0 architecture is progressing well and the smart contracts are being security audited at the moment. Robustness and security have been the key drivers for this upgrade, and while 1.0 architecture is running smoothly, we need to be forward-thinking and prepare for the kind of scale and growth we expect to see in the future. Data Unions 2.0 will be the first big upgrade after the launch of the current architecture. Data Unions that are created with the current architecture will be upgradable to the Data Unions 2.0 architecture once available. We look forward to describing the upgrade in detail in a future blog post.
We released a heavily requested feature on the Marketplace — buyer whitelisting. This feature allows data product owners and Data Union admins to be in control of who can purchase and gain access to the product’s data. These features are useful in growing enterprise adoption of the Marketplace, because in B2B sales it’s often required that the transacting parties identify each other and perhaps sign traditional agreements.
A number of API endpoints need to be retired and replaced to be compatible with our vision of decentralization. This section summarises deprecated features and upcoming breaking changes. Items marked ‘Date TBD’ will be happening in the medium term, but a date has not yet been set.
Thanks for reading! If you’re a developer interested in contributing to the Streamr ecosystem, consider applying to the Community Fund for financial backing to fast track your plans.
Originally published at blog.streamr.network on September 15, 2020.
Community | !!200만원 내 원하는 선물!! 푸페이 혜자 이벤트 !!~~~^^
Community | 커뮤니티 예의는 지켜주세요 ♥
Community | [crypto cash] 크립토 캐시 그것이 알고싶다.
Community | 상장사 이름을 알려주세요
좋은정보 감사용 추천하고 갑니다 코로나 조심하시고 예수님 믿고 구원 받으세요
Community | [crypto cash] 크립토 캐시 그것이 알고싶다.
Write a post
Are you sure you want to delete this post?
Are you sure you want to delete this comment?
Purchase has been completed.
닉네임을 설정 후 작성해주세요.