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Review on Streamr by Alex Martakov

Revainrating 4 out of 5

However, the lack of deadlines even with the successful technical…

However, the lack of deadlines even with the successful technical implementation of Streamr DATAcoin does not allow to calculate the investment period. Such deposits are assessed as secondary, which under certain circumstances can bring profit. It is not recommended to invest in them the main assets yet.



Pros
  • The mechanism of information exchange within the Streamr DATAcoin infrastructure is based on the following aspects: (+)- data privacy - the user decides what information and where it will be sent; (+)- internal cryptocurrency is used to charge payments for the provision of relevant data, as well as to pay for the received information; (+)- decentralized applications that process and systematize the overall flow of information; (+)- smart contracts and tools for developing new projects and applications. The developers Streamr DATAcoin pay attention to the scaling of the system at high loads. To do this, the entire structure of the project is built without reference to the blockchain, most of the processes are carried out outside the block chain.
Cons
  • However, in the context of the development of the idea of the Internet of Things, attention is also paid to competition with other projects, in comparison with which Streamr DATAcoin is only at an early stage of development. Iota platform, which offers similar functionality and also uses the original system of building blocks, is mainly singled out.

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