🧵 5 Key Areas About Decentralized Streaming & How Script Network is Disrupting it

Today we are going to cover some key areas we are building within the topic of decentralised streaming, so let’s dive in ⤵️

1. Decentralization Reduces Costs & Increases Access
Decentralized streaming reduces the reliance on expensive centralized servers, lowering costs for platforms and users alike. 🪙

Script Network utilizes a peer-to-peer model, allowing users to relay video content using spare bandwidth and computing power, effectively cutting down on traditional video delivery expenses while rewarding users with Script Tokens ($SCPT).

2. Tokenized Incentives for Content Sharing
In decentralized streaming, viewers and content sharers can earn rewards, fostering a community-driven ecosystem. 💰

Script Network stands out by integrating a "watch-to-earn" model, where users earn $SCPT by watching and sharing video content, thereby incentivizing participation and increasing engagement across its platform.

3. Enhanced Security & Ownership with Blockchain
Decentralization on the blockchain ensures greater data security, transparency, and content ownership for creators and viewers. ⛓️

Script Network leverages its own blockchain with smart contracts, enabling new digital ownership models, transparent royalty distributions, and innovative payment systems, providing creators and users more control and security over their content and interactions.

4. Bringing Traditional TV to Blockchain with Linear TV
While most streaming platforms focus on on-demand content, Script Network uniquely brings live, linear television to the blockchain. 🎞️

This format, where many users watch the same content simultaneously, recreates the traditional TV experience with the added benefits of Web3: token rewards, NFTs, and decentralized interactions.

5. Community-Driven & Scalable Solutions
Decentralized networks rely on community participation for scalability and resilience.

Script Network's infrastructure, powered by Validator and Lightning Nodes, is maintained by its community, ensuring a fully decentralized, scalable, and robust system that supports live streaming, video relaying, and transcoding—all without centralized servers.

Script Network is redefining the streaming landscape by combining the familiarity of traditional linear TV with the revolutionary benefits of blockchain technology.

It empowers users and content creators alike, creating a vibrant, community-driven ecosystem that rewards participation, enhances engagement, and modernizes the TV experience for the Web3 era. 💥

Script Blockchain is built to usher the next generation of television for studios, filmmakers, content creators, viewers and enterprises that use video content at scale. A crucial part of the blockchain development and growth is from Validator, Lightning and Edge nodes. Today, we break down what these nodes are, why they are important and how you can participate to earn long term rewards.

https://x.com/script_network/status/1833211638700490858

For the 15th edition of the Script Talks, we have the honor to invite team from TeaFi ⚡️

Join us on Thursday at 2 PM CET, we will cover all DeFi related topics, don’t miss this episode if you are a DeFi fan! 👇

https://twitter.com/i/spaces/1OwGWNDwNvAKQ

📅 12th September
⏰ 2 PM CET

🏄 400K+ Community members
📺 Live on 300M+ worldwide. Soon going live on LG TV, Samsung TV, Apple+, Roku and more!
👝 250k+ Wallets participated in testnet so far
👀 500k+ has watched Script.tv already

And we are just getting started…

BIG product launches coming up. Buckle up 🚀⚡️

Season 1 of the $SCPT Airdrop is coming soon to a screen near you 📺👀

Make sure to become part of the testnet for the next few weeks before we go on mainnet, alongside being active user on Script TV to earn your share of the airdrop before the snapshot 🪂

Head to ➡️ https://dashboard.script.tv to create a wallet and get started

We're excited to be a partner for the upcoming 'Orchestration Eve' - one of the leading events at Token2049 by NodeOps

Join us as leading players including Polygon, MovementLabs, Risk layer, Eigen layer Aethir, DWF Labs, KIP Protocol, iAgent Protocol, X Protocol, Gam3 where we connect and discuss building out decentralised infrastructure at scale

📅 When: Sep 17th, 5:00 PM local time
📍 Where: Singapore, (Register for full address details) 👀

👉 Register here: https://lu.ma/h9p6w8du?tk=PQTHW6

🚀 NEW CHANNEL ANNOUNCEMENT: ACE TV

Script.tv continues to grow and keeps adding amazing new channels on weekly basis. We have awesome news for the tennis lovers, we just added Ace TV 🎾

Enjoy 24/7 tennis action from all of the best ATP and ITF tours from around the world. Script.tv brings the best of sports on your screens 📺

🚧 Script Network Build Updates:

As Script Network team is so energetic with pushing new developments, we needed to share latest Build Updates with all of the technical improvements as we draw closer to Mainnet 💥

🟡 docs: bin/stvtool node upgrade
🟡 fe/main: UX improvement for sign up/sign in by email
🟡 fe/dashboard: navigational option added + new stats and graphics added
🟡 database, fixed watch_time readings with accumulated offsets from v2.5.
🟡 token: New updated Advertising Model
🟡 ci: workflow improvements for a community dev routine
🟡 be/main: fix memory error affecting service, updates to db
🟡 fe/dashboard: wallet stats api enabled

Script Network is enthusiastic about introducing another innovative project into our ecosystem, welcome Tea-Fi💥

Tea-Fi will integrate access to Script.tv on their all-in-one upcoming dApp and interactive platform. Stay tuned for more informations about this exciting integration!

Reminder for all - Script Network Node Sale is going live in October 🚨

Check out all of the information and register for the upcoming Node Sale on the link below. Only those who has filled at the form will be on the T1 whitelist for the sale ⤵️

https://node.script.tv

🛠️ Quick dApp Update

Check out the newest feature, live chat now has timestamps, alongside the ability to reply to messages whilst watching Script.tv 📣

Don’t forget that talking in live chat daily, earns Script Points!

Dive in and get chatting 🗣️

Script Network set out on a mission to decentralise and democratize the television and film industry years ago.

150,000+ lines of code later, we are now ready to enter the next significant phase📺

Read more about key updates on mainnet here ⤵️

https://medium.com/@scriptnetwork/a-look-ahead-key-updates-regarding-mainnet-key-product-releases-more-bfc495e72774

Security Update!

At 4 AM (SGT) on Sept 20, BingX team detected abnormal access to BingX hot wallet, suspecting a hacker attack. They immediately initiated an emergency response, including asset transfers and pausing withdrawals.

Fortunately it was a minor loss and all BingX users (including us) that lost out will be reimbursed, so no need to panic. Coins will be processed within 24 hours. We’re sorry for the inconvenience and appreciate your understanding.

Let us know if you have any questions in the general chat and our team will assist you.

Stay safe out there!

https://x.com/BingXOfficial/status/1837028469861142892

Happy Sunday!

It is time for the 4th quest, and as usual, it is a simple one 🛎️

🟡 Step 1: Follow our X profile
https://x.com/script_network
🟡 Step 2: Follow our DeBank profile
https://debank.com/official/scriptnetwork

Check it out ⤵️
https://debank.com/stream/2725163

A reminder that although we are about to go live on mainnet, we are still in Testnet v3. This represents an incredible opportunity to earn significant rewards by being active across Zealy, alongside other platforms too. We have updated a bunch of quests with boosted Zealy points too ⤵️

https://zealy.io/cw/scriptnetwork/questboard

Don’t forget, more Zealy points = bigger … 💸

With Script Network's AI-integrated platform, we're breaking away from traditional TV models. 💥

Through AI-based frameworks like RNN, users can vote on shows and genres they want to see, making content governance more personalized.

Script TV, built on a decentralized blockchain, offers watch-to-earn features powered by AI, rewarding viewers while reshaping the media landscape.

Join the future where AI meets TV, and users hold the power. It’s time to disrupt the outdated TV industry with Web3 and AI innovation on Script.TV 📺

We are just getting started. 📺🌍

7️⃣ Days until the Script Network Mainnet

For the all of users, investors and partners who were patiently waiting for this moment…

We're excited to announce that we are only 7 days away from the the Genesis Block being mined - and the start of the active migration to a truly decentralised video infrastructure environment 🎉

So, that means the layer 1 mainnet phase will officialy begin from 3rd of October

Mark your calenders 📆. The start of the next phase of the decentralised streaming revolution is closer than its ever been.

5️⃣ Days until the Script Network Mainnet 👀