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How Real-Time Data Infrastructure Powers DePIN on Polygon: A Guide by Streamr

6/10/24

By:

Suresh

How Real-Time Data Infrastructure Powers DePIN on Polygon: A Guide by Streamr

How Real-Time Data Infrastructure Powers DePIN on Polygon: A Guide by Streamr

Challenges of Building Decentralized Physical Infrastructure Networks (DePIN)


Building decentralized physical infrastructure networks (DePIN) presents unique challenges. Without a centralized entity, numerous design decisions are necessary to ensure scalable, cost-effective, and secure decentralized systems. Even more infrastructure is required for DePIN projects to thrive.


Streamr Network's Role in DePIN


Streamr Network focuses on serverless data broadcasting. Integrated on Polygon Proof-of-Stake (PoS) network, Streamr addresses core DePIN challenges by offering a decentralized real-time data protocol optimized for interoperability and efficiency. With a collaborative approach, Streamr operates from the belief that DePIN can be superior to centralized alternatives, provided the infrastructure is robust enough to support a thriving DePIN future.


Introduction to Streamr


Streamr is designed to be the real-time data backbone of the decentralized web. The protocol is open for builders to create tools, establish businesses, publish and subscribe to data streams, and integrate Streamr wherever a serverless information pipeline is needed. The core Streamr Network smart contracts are hosted on Polygon PoS, which stores stream metadata, access control settings, and distributes rewards.


Advantages of Polygon PoS for Streamr


Streamr Network leverages Polygon PoS for its speed, low-cost transactions, and its role as a DePIN powerhouse. In a future where Polygon PoS is expected to be part of AggLayer, Streamr can ensure fast, secure real-time data streams across the network of aggregated chains.


DIMO: Real-Time Driving Data


DIMO is a Polygon-based DePIN project that connects vehicle data through a hardware device plugged into a car, enabling drivers to share and monetize mobility data. This data can be broadcast in real-time to stakeholders like car manufacturers, fleet operators, insurance companies, and other road users. DIMO's integration with Streamr ensures driver-generated data flows securely and trust-free.


RedStone: A Next-Generation Oracle


RedStone is a next-generation oracle focusing on long-tail and custom data, unlocking new opportunities for DePIN and DeFi. RedStone stores data off-chain and validates it on-chain only when a transaction is triggered, making the process more efficient and cost-effective. Streamr provides the data transport layer, propagating real-world data through their oracle platform.


Arkreen: A Green-Energy DePIN


Arkreen is a green-energy-focused DePIN leveraging Polygon PoS architecture to connect and reward renewable energy initiatives. Arkreen uses the Streamr SDK to publish and subscribe to smart-power plug-miner messages, providing users with a real-time and transparent way to share and access data from their renewable energy resources.


Integrating Streamr into Polygon PoS Projects


Any use case requiring live-flowing data can leverage Streamr. Developers can import the SDK from NPM or run a Streamr Node as a separate process from the application and interface with it via HTTP, WebSocket, or MQTT. Streamr offers support through their Discord server and the Data Fund for innovative projects.


Final Thoughts


Streamr Network, in collaboration with Polygon PoS, is paving the way for a robust decentralized infrastructure that supports various DePIN projects. By ensuring real-time data streaming, Streamr enhances the capabilities of projects like DIMO, RedStone, and Arkreen, demonstrating the potential of decentralized networks to surpass traditional centralized alternatives.

#RealTimeData #BlockchainInfrastructure #PolygonNetwork #DecentralizedTechnology #DePINWorld

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