What is Streamr (DATA)?
Streamr (DATA) is an open-source project and decentralized platform that utilizes cryptography to ensure security, eliminating the need for trust. It functions as a P2P, real-time data infrastructure, providing a platform and tools for fostering a new data economy. The technology stack comprises a scalable real-time messaging network (pub/sub) distributed across computers worldwide, a marketplace for trading and selling data, and a suite of tools for managing real-time data. Streamr (DATA) was funded through a crowdfunding campaign in 2017. The core objective is to establish decentralized infrastructure and a data economy; the developers articulate the mission as “Unstoppable Data for Unstoppable Apps.” Streamr tokenizes the value of real-time information, making it accessible on their marketplace and through data unions. It is designed for DApps, IoT devices, and more, positioning itself as a critical protocol for Web 3.0. The functions of the Streamr DATA coin involve creating a user-friendly and prosperous information market based on a data exchange network that is straightforward and comprehensible for users. The decentralized pub/sub network operates through nodes worldwide, which earn DATA tokens in return for the bandwidth and validation services they provide. The competitive edge of Streamr lies in its off-chain network architecture, distinguishing itself from similar services like IOTA. This design reduces the risk of scalability and bandwidth challenges. The Streamr team focuses on developing network optimization technologies rather than creating a specific blockchain. Should Streamr encounter limitations with Ethereum, developers have the flexibility to migrate the platform to another blockchain.














