How to Exchange Streamr (ERC20) (DATA)

How Much Streamr (ERC20) Can I Exchange on Exchang.io?

Exchanging Streamr (ERC20) on Exchang.io is unlimited. You can start swapping DATA right now starting from the lower limit of ≈ $3.

There are no upper limits for Streamr (ERC20) exchanges at Exchang.io. Exchange Streamr (ERC20) with other cryptocurrencies from the list of over 700 coins as much as you want to.

Cross-chain exchanges are available; just choose any coin on any network and click the Exchange button, and we'll do the rest for you

What is Streamr (ERC20)?

Streamr (ERC20) is a cryptocurrency based on the Ethereum blockchain that aims to enable secure and efficient real-time data streaming and monetization. It was launched in 2017 by a team of developers, led by Henri Pihkala, who sought to create a decentralized platform for exchanging data in real-time.

The Streamr network offers a scalable infrastructure for organizing and managing data streams from various sources, such as sensors, Internet of Things (IoT) devices, social media feeds, and other data providers. This data can be securely shared and used by individuals, organizations, and machines, providing valuable insights and opportunities for innovation.

The Streamr network uses the Ethereum blockchain to provide transparency, security, and immutability for its users. The ERC20 token standard allows easy integration with existing cryptocurrency wallets, exchanges, and smart contracts, making it accessible and interoperable with other blockchain-based platforms.

The Streamr ecosystem consists of several components, including a decentralized marketplace for data streams, a real-time data visualization tool, and a suite of developer tools and APIs for building custom applications and services on top of the network.

The Streamr Marketplace is a peer-to-peer platform where data providers can sell their streams directly to buyers, using Streamr tokens as the primary means of exchange. Buyers can browse and search for data streams based on specific criteria, such as location, type of data, and frequency of updates.

The Streamr Editor is a web-based tool that allows users to easily visualize and analyze real-time data streams, build custom dashboards, and create rules-based notifications and alerts. It supports a wide range of data formats and protocols, including MQTT, WebSocket, and REST API.

The Streamr Core is the underlying infrastructure that powers the entire network, consisting of nodes that are responsible for processing, storing, and transmitting data streams. The core is designed to be decentralized, fault-tolerant, and scalable, ensuring high availability and reliability for all users.

The Streamr Engine is a set of smart contracts that facilitate the exchange of data streams between buyers and sellers, handling tasks such as payment processing, data validation, and dispute resolution. The engine is built on top of the Ethereum blockchain, providing secure and transparent transactions.

The Streamr SDK is a collection of software development kits and APIs that enable developers to build custom applications and services on top of the Streamr network. It supports several programming languages, including Java, Python, and JavaScript, and provides access to a wide range of data sources and services.

The Streamr Community is a vibrant ecosystem of developers, data scientists, entrepreneurs, and enthusiasts who are passionate about building decentralized solutions for real-time data exchange and monetization. The community is supported by various programs, such as hackathons, bounties, and grants, that encourage innovation and collaboration.

In summary, Streamr (ERC20) is a cryptocurrency that aims to enable secure and efficient real-time data streaming and monetization. It offers a scalable infrastructure for organizing and managing data streams from various sources, a decentralized marketplace for data exchange, a real-time data visualization tool, and a suite of developer tools and APIs for building custom applications and services on top of the network. The Streamr ecosystem is powered by the Ethereum blockchain and supported by a vibrant community of developers and enthusiasts.

Brief History of Streamr (ERC20)

Streamr is a decentralized platform that provides real-time data delivery and payment services. The platform was founded in 2017 by Henri Pihkala, Nikke Nylund, and Risto Karjalainen with the aim of making data more accessible and secure for businesses and individuals.

Streamr's native cryptocurrency is DATA, an ERC-20 token built on the Ethereum blockchain. DATA tokens are used to pay for data streams and services on the Streamr platform. The initial coin offering (ICO) for DATA was held in October 2017, and the token was officially launched in November of the same year.

After the launch, Streamr collaborated with several organizations, including Hewlett Packard Enterprise, Nokia, and OSIsoft, to develop and integrate its technology into their platforms. In 2018, Streamr also partnered with the Chinese search engine company, Baidu, to offer real-time data delivery services to its customers.

In 2019, Streamr announced a partnership with the Chinese electric vehicle manufacturer, BYD, to provide real-time data tracking and analysis for its vehicles. The partnership was aimed at improving the efficiency and safety of BYD's fleet through the use of data analytics.

In April 2020, Streamr launched its Marketplace, an open-source platform that connects data providers with data consumers. The Marketplace allows users to buy and sell real-time data streams using DATA tokens. The platform also enables developers to create and monetize their own data streams.

Later in 2020, Streamr introduced Monoplasma, a scaling solution that enables high-speed microtransactions on the Ethereum blockchain. Monoplasma uses plasma technology, a layer-2 scaling solution that reduces congestion and increases transaction speed on the Ethereum network.

In 2021, Streamr announced a partnership with Chainlink to integrate its oracle technology into the Streamr network. The integration allows Streamr to access off-chain data sources and provide accurate and reliable real-world data to its users.

In the same year, Streamr launched its Data Unions framework, which allows individuals and organizations to monetize their data by creating decentralized data streams. Data Unions are built on Ethereum smart contracts and allow users to share their data without compromising their privacy and security.

Also in 2021, Streamr partnered with IOTA, a blockchain-based platform that enables secure data sharing and communication between devices. The partnership aimed at integrating IOTA's technology into the Streamr platform, enabling seamless data transfer and sharing across different networks.

In May 2021, Streamr announced the launch of its NFT (non-fungible token) platform, allowing creators to tokenize and sell data products as NFTs. The platform gives artists and content creators a new way to monetize their work and provides a new asset class for investors.

Streamr's technology has been recognized in the industry, winning several awards, including the Best IoT Startup at the 2018 Internet of Things Awards and the Best Blockchain-Based Solution at the 2019 Smart City Expo World Congress.

Despite its achievements, Streamr faces several challenges, including competition from other data-focused platforms and limitations in the scalability of the Ethereum network. However, the team continues to work on improving its technology and expanding its partnerships to further drive adoption of its platform and cryptocurrency.

Overall, Streamr's focus on real-time data delivery and monetization has positioned it as a valuable player in the emerging data economy. Its partnerships with major companies and integration with leading blockchain technologies demonstrate its commitment to innovation and growth. As the demand for real-time data and secure data sharing continues to grow, Streamr is well-positioned to capitalize on this trend.

Streamr (ERC20) Key Advantages and Unique Features

Streamr (ERC20) cryptocurrency is a unique project that aims to create a decentralized data economy. This is achieved by providing a platform for real-time data streaming, where data providers can sell their data to interested buyers. The Streamr platform is built on the Ethereum blockchain and uses smart contracts to execute transactions between data providers and buyers.

One of the key advantages of Streamr is its focus on real-time data. Traditional data marketplaces are often slow and cumbersome, with delayed data delivery and limited scalability. Streamr's decentralized architecture allows for real-time data streaming with minimal latency and high scalability. This makes it an ideal platform for applications that require rapid data processing, such as financial trading or IoT devices.

Another advantage of Streamr is its privacy features. Data providers can choose to sell their data anonymously, without revealing their identity or the origin of the data. This is particularly important for sensitive data, such as personal information or financial data. By allowing anonymous data sales, Streamr provides a secure and private marketplace for data exchange.

Streamr also offers a range of tools and services for developers building data-driven applications. These include APIs for data integration, smart contract templates for data exchange, and SDKs for integrating with popular programming languages. By providing these resources, Streamr aims to make it easy for developers to build applications that leverage the power of real-time data.

The Streamr ecosystem also includes a native token, called DATA, which is used as a means of exchange for buying and selling data on the platform. DATA tokens are required to access real-time data streams and are used to pay data providers in exchange for their data. This creates a self-sustaining ecosystem, where users are incentivized to contribute data and use the platform.

In addition to its core data streaming platform, Streamr has also developed a number of other products and services. These include Streamr Core, a decentralized messaging platform, and Streamr Marketplace, a decentralized data marketplace. These products are designed to complement the main Streamr platform and provide additional functionality for users.

One of the unique features of Streamr is its focus on democratizing data ownership. By providing a secure and decentralized platform for data exchange, Streamr aims to empower individuals and small businesses to monetize their data. This is in contrast to traditional data marketplaces, which are often dominated by large corporations with significant bargaining power.

Another unique aspect of Streamr is its community-driven approach. The Streamr project is open-source and relies on contributions from a global network of developers and enthusiasts. This community-driven approach ensures that the platform remains transparent, secure, and responsive to the needs of its users.

The Streamr platform also benefits from its integration with other blockchain technologies. For example, Streamr is compatible with IPFS (InterPlanetary File System), a decentralized storage protocol that allows for secure and efficient data storage. This integration provides additional security and scalability to the Streamr ecosystem.

Finally, Streamr is committed to sustainability and energy efficiency. Unlike traditional data centers, which consume large amounts of energy and contribute to carbon emissions, Streamr uses a proof-of-stake consensus mechanism that requires much less energy to operate. This makes it a more environmentally-friendly alternative to traditional data marketplaces.

In conclusion, Streamr is a unique project that offers a range of advantages and unique features for those looking to build real-time data applications. Its focus on privacy, scalability, and democratization make it an attractive platform for data providers and buyers alike. With its strong community support and commitment to sustainability, Streamr is poised to become a key player in the emerging decentralized data economy.

10 Facts About Streamr (ERC20)

Streamr (ERC20) is a cryptocurrency that was launched in 2017 as part of an ambitious decentralized platform designed to enable real-time data processing and monetization.

The Streamr platform seeks to disrupt the current centralized models of data handling by providing a decentralized marketplace where data producers can sell their data directly to consumers without intermediaries.

Streamr's cryptocurrency, DATAcoin, serves as the primary token used within the Streamr ecosystem for payments and transactions.

Streamr's technology stack combines blockchain technology, messaging protocols, and data analytics tools to create a secure and scalable infrastructure for real-time data processing.

Streamr leverages Ethereum's smart contract capabilities to facilitate trustless interactions between data producers and consumers, ensuring that all transactions are executed transparently and securely.

Streamr's network is powered by a distributed network of nodes that process, validate, and store data on a peer-to-peer basis, eliminating the need for centralized intermediaries.

Streamr has formed partnerships with various organizations, including Nokia and Hewlett Packard Enterprise, to explore the potential of its decentralized data platform in various industries such as telecommunications and supply chain management.

Streamr has gained significant attention from the crypto community due to its innovative approach to real-time data processing and monetization.

As of June 2023, Streamr's market capitalization is approximately $250 million USD, with a circulating supply of over 677 million DATAcoins.

While Streamr faces competition from other decentralized data marketplaces such as Ocean Protocol and Holo, it remains one of the leading players in this emerging space and continues to innovate and expand its capabilities.

What is the Best Place to Exchange DATA?

Via Exchang.io service you can effortlessly swap Streamr (ERC20) for over 700+ different assets. Begin by selecting DATA and your desired coin, paying attention to the network when making your choice. Next, provide the recipient's wallet address for the coin you're swapping to, and press 'Exchange' to continue. Deposit the required amount of DATA to the address displayed on the screen, ensuring you have the necessary amount to finalize the transaction. Once completed, check your wallet to confirm the arrival of your newly acquired coin. Exchang.io makes exchanging Streamr (ERC20) simple and convenient, allowing you to enjoy a seamless experience with an extensive selection of coins to choose from.

Do I need to create an account on Exchang.io to swap Streamr (ERC20)?

No, you don't need to create an account or provide any personal information to Exchang.io. It's a registration-free service that doesn't require ID verification. Simply follow the platform's straightforward instructions and buy Streamr (ERC20) with your cryptocurrency.

How long does it take to exchange Streamr (ERC20) on Exchang.io?

The exchange process on Exchang.io is very fast and usually takes only a few minutes to complete. However, the actual time may vary slightly depending on network traffic and transaction confirmation times.

What is the minimum amount needed to swap data on Exchang.io?

There is a minimum amount required for data exchange on the Exchang.io platform, though this minimum amount may change over time. It's recommended to check the latest requirements before trading.

Is Exchang.io legit? Why should I trust Exchang.io?

Yes, Exchang.io is a legitimate platform. Its team consists of experienced crypto enthusiasts who strive to make the service as transparent, convenient, and fast as possible. The platform has received positive reviews from its users, and the team values feedback from the community.

What are some popular NAME trading pairs?

Some popular data trading pairs on Exchang.io include data/BTC, data/ETH, data/LTC, and data/USDT, among others.

Are cross-chain exchanges available for Streamr (ERC20)?

Yes, Exchang.io supports cross-chain exchanges for Streamr (ERC20). You can choose any coin on any network and click the 'Exchange' button, and Exchang.io will handle the rest.