REMINDER
We are in the final 24h (or so) of the Zealy sprint - https://zealy.io/c/scriptnetwork/leaderboard - top 200 on the leaderboard gets rewarded

Another reminder to check the https://medium.com/script-network articles for more information regarding key updates, including Testnet v2 and how you can take part.

On this note, Validator node window of opportunity will close at the end of June - so if you want to take part, do go through the respective steps as per previous announcements.
Only from early next week, with the select few be given the respective testnet tokens to run a validator node, which in turn will get you a Validator role in discord.

If any questions on the above, do reach out.

In the meantime - we hope you're enjoying some of the fresh daily new content that is now on offer. It's just the beginning, with over 20+ channels being added soon too. (🍿,📺)

The sprint is over! With the top 200 on the leaderboard to get rewarded as part of the $10,000 sprint - congrats if you made it. We are aware Zealy is lagging with timings / timezones but to clarify, all quests completed up til the time of this announcement will be included / considered.

Important to note that the overall leaderboard is still in full effect - with all of the leaderboard* being given a conversion of tokens. For all airdrops, tokens will be claimable post launch. Conversions, which wallets specifically will be eligible and the exact date you will be able to claim, will be announced in due course.

We will now progress forward to our GLASSPASS delivery as we finalise the plans in motion for mainnet launch. Those who are part of @ ScriptList on discord, will be getting updates and info over the next few days on this.

As for the other launch aspects, we do get common questions about why there are delays etc - simply - all things take somewhat longer since we are an L1 - and this includes the CEX of which will be integrating Script Blockchain in its entirety. Its in our best interest to launch as soon as possible, but for anyone who has been in this space for a while, would know that speed over quality never wins in the end. This is a web3 company, built with the processes of web2.

Oh, and ICYMI, our next AMA is this coming this Monday - link here: https://discord.gg/93VFu7Ke?event=1123229603528458390 - join us for more rewards, and of course, more alpha.

Until then, head to https://www.script.tv and enjoy some great content 📺

Our exclusive, small sized, GLASSPASS 🥽 mint is coming, giving a double sided utility option those who mint. So how does it work? Lets dive in ⤵️

Those who manage to get a pass has two options...

HOLD 🤝: Get exclusive access to premium content, beta access to new product launches, off line event tickets and physical brand partnership rewards

BURN 🔥: Get the rarest type of glasses, which is only otherwise possible to mint through lucky draws, or through mints later in the year. Rare glasses gives you increased rewards per day, amongst other benefits.

More here: https://medium.com/script-network/glasspass-the-limited-nft-collection-for-script-tv-4629f6ee58f8

For those who have already won a WL role (@ scriptlist), look out for posts on our discord today for more information on it, if you haven't, stay tuned this week for opportunities to get on the list for the mint!

Keep your notifications ON 🔔

Interact with this tweet and drop your wallet address below.

https://twitter.com/script_network/status/1676015252977098753?s=20

.eth domains joins the party 🎉 https://twitter.com/script_network/status/1676894016846135298?s=20

ICYMI, Galxe Special Digital Transmission OAT for those who are eligible - https://galxe.com/ScriptNetwork/campaign/GCiJmUQEAs

For node runners - be sure to claim your role by completing the respective tasks over on Zealy here: https://zealy.io/c/scriptnetwork/questboard. Remember new quests freqently get added and existing quests boosted - be sure to check out updates by keeping your notifications on over at #💡︱new-quests

Also, to clarify once more, exact launch date, and information on the rewards for early participants will be announced asap.

Thanks!

We are in the process of upgrading testnet from v2 ➡️ v2.5. This could / should well be our final chain upgrade before mainnet. This is totally normal, as we continue to iterate for a secure, and scable environment in mainnet.

Why we done it:
- Updating the block validation process.
- Adjusting the node's participation in the network's consensus mechanism.
- Upgrading the node ensures for security patches and enhancements
- Minimizing the risk of attacks or exploits.
- Performance improvements to enhance the node's efficiency, scalability, or throughput to faster transaction processing & reduced resource consumption.
- Upgrading the node ensures that it can communicate and interact seamlessly with other nodes, avoiding any disruptions or incompatibility issues.
- Stake value update (see below)
- Increase in withdrawl time to manage the node's participation in network.

What changes:
- Node runners: If you set up a node in testnet v2, you will have to set it back up
- Balances will be zero again, please request from faucet again
- Amount required to stake (now 1M SCPT tokens - validators, 10k SCPT tokens - lightning, 3k SCPT tokens - edge)

What stays the same:
Everything else

When will the upgrade take place:
Early next week

Will testnet work from now until then?
No, it will not be functional until this upgrade is complete

Any other questions, please open a ticket in our discord

Some updates / notes

Launch date: An understandable common question is when are we launching. Our intention was to launch this month, but that has now been pushed back slightly. The first thing to reiterate is its in our best interest more than anyone else in the world, to launch today if we could. There is zero benefit in the team delaying the launch beyond for the benefit of the project. One of the things we've noticed in crypto is that narratives follow cycles....in every single ecosystem or project. I won't mention names but you can virtually go to any pre launch company in crypto - go to their community, and its the same / similar questions being asked.
The cycle works something like..*.1. Pre launch everyone hammers the team pushing for a fast launch so they can 5x their bags (which makes sense). 2. The team then forces through a faster date due to complaints, meaning the product is either not ready, or there is a flaw somewhere which will come back to bite the project later. 3. Users complain about the company not having products working properly / at all and leaves for the next hype cycle.*

It's important to not get caught in these cycles - it doesn't benefit the project, the users, nor the holders. Our values is focused towards innovation and development. Its why we're in 2023, and this is still the first live TV network with underlying blockchain technology - because its not easy to do, and its not something that can just have a token thrown out onto exchanges without significant infrastructure and analysis around it. Fortunately we have nearly all but all finished on this cycle - but its important to reiterate - this is a TV network - not a simple defi swapping app, not a copy of an existing project like 99% of companies are - so things take time, we've been building this for 18 months+ and counting.
However, we are completely understanding to any frustrations - but please understand that its *all in good time* and the launch date update is imminent. To clarify it will 100% be this summer, but the exact fixed date will follow in due course. Those who follow Script Network can see we are very very close, but due to some teething issues and delays out of our control, we had to delay our launch date. We apologise for this delay however, we are actually annoyed that we weren't able to launch in the exact time we said we would, but its common in every industry to have launch delays, and to be honest, is never seen as a negative outside of web3 (Apple Vision Pro is being released 5 years later than planned, 10 years in the making)

In the meantime, we have updates galore here and across our socials

Other notes...
Testnet: If you have a @ Validator node role on discord, you now have tokens deposited in order to run a validator node - let us know if you have any queries on this by heading to the #🤙︱testnet-feedback channel

If you are looking to run a Lightning node, you will have the tokens over the coming hours in your Script Wallet. The reason why Validator and Lightning node process is manual is due to the amount of users requesting from faucet exceeding the total supply of the token - leading to the faucet crashing. I guess this is a good problem to have of course - but to ensure everyone has a smooth testnet, we had to restrict it as such.

If you're looking to run a Edge Node, you can simply just request Edge node tokens from faucet as per previous instructions.

To receive @ v2 Lightning Node and @ v2 Script Edge Node roles on discord - head to Zealy to complete the respective tasks (there is no new role for v2.5)

GLASSPASS: Lastly, If you're on the WL to mint a GLASSPASS you should have the @scriptlistverified role. If you have a @ scriptlist role please ensure you verify in the scriptlist channel on discord ASAP

So much more to say but will save it for the next announcement in the next few days as we are @ limit!