Which chain is the Streamr (DATA) coin on?

The Streamr (DATA) coin operates on the Ethereum blockchain, leveraging its secure and reliable infrastructure for real-time data streaming, decentralized data marketplaces, and scalable data management.

Jan 03, 2025 at 07:04 pm

Key Points:

• Streamr (DATA) is an Ethereum-based token.
• The key features of Streamr DATA coin include real-time data streaming, decentralized data marketplace, and scalable data infrastructure.
• The Streamr DATA coin is used for various purposes within the Streamr network, such as purchasing data, rewarding nodes, and paying for premium features.

Which Chain is the Streamr (DATA) Coin On?

The Streamr (DATA) coin is a cryptocurrency that runs on the Ethereum blockchain. Ethereum is a popular and well-established platform for building and deploying decentralized applications. It provides a secure and reliable infrastructure for the Streamr network.

Key Features of the Streamr DATA Coin

• Real-time data streaming: Streamr allows developers to create and consume real-time data streams. These streams can be used to build a variety of applications, such as IoT dashboards, financial trading platforms, and supply chain management systems.
• Decentralized data marketplace: Streamr has created a decentralized data marketplace where users can buy and sell data. This marketplace allows data providers to monetize their data and data consumers to find the data they need.
• Scalable data infrastructure: Streamr is building a scalable data infrastructure that can handle the growing demand for real-time data. This infrastructure will enable the Streamr network to support a large number of data streams and users.

Uses of the Streamr DATA Coin

The Streamr DATA coin is used for various purposes within the Streamr network:

• Purchasing data: Users can use DATA to purchase data from the Streamr data marketplace.
• Rewarding nodes: Node operators can earn DATA for providing resources to the Streamr network.
• Paying for premium features: Some premium features of the Streamr platform, such as access to exclusive data streams, require payment in DATA.

FAQs

Q: What is the total supply of Streamr DATA coins?
A: The total supply of Streamr DATA coins is 987,400,000.

Q: Where can I buy Streamr DATA coins?
A: Streamr DATA coins can be purchased on a variety of cryptocurrency exchanges, including Binance, Coinbase, and Kraken.

Q: What is the future of the Streamr DATA coin?
A: The future of the Streamr DATA coin is bright. The demand for real-time data is growing rapidly, and Streamr is well-positioned to meet this demand. The Streamr team is also working on a number of exciting new projects, such as the development of a decentralized data oracle.