Theta (THETA)

260 Articles 25 Followers

Theta (THETA) is a cryptocurrency made by Mitch Liu and Jieyi Long in 2018. It is a decentralized blockchain-based content delivery platform that delivers high-bandwidth video streaming content.  

Theta intends on solving the problems that live video streaming faces today; low quality video streaming, high cost of streaming infrastructure, and centralized and inefficient ecosystems. The Theta project is solving these problems by delivering an innovative new blockchain-based content delivery network (CDN) that’s powered by users and decentralizes video streaming. 

Theta’s CDN allows viewers to earn Theta Fuel rewards for sharing bandwidth and resources. Theta Fuel (TFUEL) is gas for the Theta network and can be earned by staking THETA tokens and lending bandwidth to video streams. Theta’s peer-to-peer decentralized CDN delivers high quality, smooth video streaming throughout the world. Even more, it reduces the cost of delivering video streams so that video platforms no longer need to develop expensive infrastructure, allowing for innovative and unique business models to thrive.

Theta’s blockchain-based CDN is open source and open to all developers and partners to build on the Theta network. Currently, Theta’s live video streaming partners include Silver.TV, Samsung VR, and MBN, Korea’s largest business news outlet. The market that Theta intends on disrupting is absolutely massive. YouTube has 1 billion hours of streaming video watched daily, Twitch has between 2.2 and 3.2 million unique monthly visitors, and there is an estimated 400 million esports viewers who watch at least one tournament every year.

The Theta Token (THETA) has a total supply of 1,000,000,000 tokens and a circulating supply of 870,502,690 tokens. The initial supply breakdown is:

  • 30% private ICO investors
  • 22.5% Theta reserve
  • 15% Network seed/strategic partners
  • 7.5% Advisors
  • 25% Miner Reserve

THETA GUARDIAN NODE Troubleshoot: Node not Syncing

26 Jul 2022 1 minute read 2 comments iCryptobeing

  THETA GUARDIAN NODE   Eventhough Theta Guardian Node is relatively simple to run,  from time to time it does need some maintence. I have found the most common issue is the Node stuck in Syncing. Most times manually deleting TGN "Database" and "Snap...

Top 10 Crypto Projects to Use in the Real World

18 Jul 2022 4 minute read 10 comments GetBlock

Here’s a list of top ten cryptocurrency-based products that make a significant impact on the real world. Since the inception of the blockchain-based cryptocurrency market, the digital asset world has seen fast-paced growth and an influx of investors...

Theta Blockchain Update – July 12th, 2022

12 Jul 2022 1 minute read 4 comments TrocProcLock

I am starting this series of updates on the Theta Blockchain. I am been a fan boy of this amazing blockchain for years now and I wanted to share that with all of you and keep you up to date on any news or updates with Theta Labs Inc. Theta: $1.14  (A...

Theta Blockchain follow up - What's New with Theta?

11 Jul 2022 3 minute read 3 comments TrocProcLock

On July 7th the Theta team released a new article about changes that have occurred to the Node software and to the blockchain as a whole. What are those changes? Well now Edge Nodes can earn TFUEL for encoding and transcoding Theta Video API videos....

Theta Edge Node Updates

9 Jul 2022 1 minute read 0 comments Keith Thuerk

Theta Edge Node Updates   In the event that you missed it Theta has been rolling out auto-updates to Edge node Client software. For example, on Thursday of this week my Edge node was updated from V3.2.2 to V3.3.12. What has Theta added? Theta Video A...

Crypto Market Wrap: Another Solana’s Fall and Top 3 DeFi Gainers

15 Jun 2022 2 minute read 7 comments Mike Ermolaev

On June 1, one of the leading altcoins, Solana experienced another power outage and was offline for over 4 hours. As the team later confirmed, a bug in the system prevented the network from producing new blocks. Even though the issue has already been...

Theta intro's Livestream support via Theta Video API

11 Jun 2022 1 minute read 0 comments Keith Thuerk

Theta intro's Livestream support via Theta Video API What - Yesterday Theta released 'Theta Video API' (AKA TVA) into beta support (June '22). TVA allows easy integration of Video livestreaming into any Application and Website. The API then leverages...

Theta TDROP On-chain Governance launched - bringing more decentralization

3 Jun 2022 2 minute read 1 comment Keith Thuerk

Two days ago Theta released TDROP On-chain Governance, paving the way for decentralized governance of Theta blockchain. Let's review what it is and how it functions.    What is TDROP Governance? A critical component of Theta Mainnet 4.0 due in Q422....

21 May My Technical Analysis

21 May 2022 1 minute read 1 comment Biologist25

$BTC price continues its narrow band movement. Below and primarily 28.8/28.5 is still more interesting. Selling pressure continues below 30.600 but if we can push it above here then we will look at around 32.8. We have been making narrow band movemen...

Sony and Theta Labs Launch 3D NFTs

6 May 2022 1 minute read 0 comments Keith Thuerk

Sony and Theta Labs Launch 3D NFTs   Sony has been a Theta Network Media and Technology partner for years. And recently announced they will be working together to bring you NFT's that are so life like you will think you can touch them!! NFT's are mos...