On June 8th, Binance, the universal, multi-lingual cryptocurrency exchange announced the listing of Streamr [DATA] on its trading platform. Trading is now available and the pairs DATA/BTC and DATA/ETH will be available for trading, according to the official website.
Streamr aims to create an open-source, low-latency platform for realtime data. It includes a market-place backed by blockchain technology and aims to return data ownership to the users.
The Streamr network features a decentralized peer-to-peer network. It rewards nodes with DATA token in exchange for the bandwidth and validation they provide on the blockchain. The network aims to be scalable, as it is built for realtime dApps.
It also has support for smart contracts, which is a second-level solution on the blockchain. It utilizes these smart contracts for DATA token transfers, permissioning and network self-governance.
The first network to be supported by Streamr system is Ethereum, where the nodes on the blockchain will regularly interact with the Ethereum blockchain. The engine behind the network can also deploy and read Ethereum smart contracts.
A market follower tweeted:
“All of the market is going down and @binance every morning listing another shitcoin. STOP IT PLEASE ! This is enought ok ? Dont be like @BittrexExchange “Biggest” doesn’t mean listing too many coins.”
Abdulrahman Ali, a crypto enthusiast tweeted:
“Awesome #binance, outstanding project they already partnered with #Nokia and #HPE and more, for those who are saying shit coin i think you should do your research again #Streamr #streamrinc #datacoin #IoT”
Crypto_Fred, another Twitter user commented:
“I was a great fan of Binance but this is getting a bit silly. Really good projects don’t get listed. Weird coins who are willing to deposit millions of dollars get a listing. It’s a pump and dump. It’s time for other exchanges.”
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