Streamr Network: Pioneering Decentralized Data Sharing in the Internet Era

Streamr Network is a decentralized peer-to-peer publish-subscribe network designed to address scalability issues in data publishing and subscription services. Streamr sets itself apart from competitors with its use of blockchain technology for data sharing.

One of Streamr's key features is the use of Dijkstra’s algorithm (a famous search algorithm for finding the shortest path in a graph of nodes) to stabilize latency, ensuring reliable and consistent data delivery.

Streamr's DATA token is used to incentivize node operators and ensure the network's reliability. Miners can also monitor bounties and stake DATA tokens to earn rewards by maintaining operational nodes.

Use cases for Streamr Network include a chat app that uses separate streams for chatrooms, open data sharing for public interest, and real-time data streams such as transport data, weather data, and sports event statistics.

Like BitTorrent, Streamr Network could serve as a public good for permissionless data sharing but encounters challenges stemming from the conflict between the enforceability and observability of honest node operations in the network.

You can read Eden Au 's full analysis of Streamr Network with a subscription to The Block Pro.