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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:
11 Apr 2023 2 minute read 0 comments Keith Thuerk
Theta Releases in Q123 Theta, the sleepy crypto giant has been making strides in terms of their crypto ecosystem and function enhancement. If you missed most or all of their Q123 announcements. Fret not, I have broken them down below for you to lev...
5 Apr 2023 1 minute read 0 comments Japakar
What is ThetaTV? Theta.tv is a decentralized streaming platform that allows users to watch and stream live video content, including gaming, esports, music, and more. It was launched in 2018 by Theta Labs, Inc., a blockchain technology comp...
23 Mar 2023 1 minute read 0 comments SimpleSwap
Everyone of us at least once has watched videos on YouTube or streams on Twitch, for instance. But usually such services are centralized – they have leaders and site policies. That means that developers of the platform take most of the credit, and n...
21 Dec 2022 3 minute read 4 comments SweptOverNiagara
It's been a while now since I gave my last update and today, I hit a milestone, earning my 200th TFuel token after running Theta's Edge Node for a few months on an old, spare computer I had laying around, doing nothing otherwise. I joined Theta TV ab...
16 Dec 2022 2 minute read 1 comment SweptOverNiagara
In case you weren't aware, NASA livestreams on Theta TV and a couple of weeks ago, they went live to broadcast the historic Orion capsule's moment when it would begin its return journey home after it went around the moon. Orion landed of the coast of...
25 Nov 2022 2 minute read 3 comments SweptOverNiagara
An article popped up on Kitco News yesterday really caught my attention, centered around the sudden movement of Bitcoins that were stolen in the now infamous hack of Mt. Gox which ultimately led to its downfall. After 7 years laying low in a wallet r...
9 Nov 2022 1 minute read 2 comments Keith Thuerk
Google the Quiet Giant in Crypto Google that 800-pound search Gorilla, has quietly built itself a very powerful crypto portfolio. Read on to learn what I have uncovered as I tripped over one piece of Crypto and Google. I can only imagine what the e...
31 Oct 2022 1 minute read 0 comments SimpleLearn
Last week the crypto market pleased us with beautiful green candlesticks thanks to the rise of Bitcoin. At the end of the week, the market headed for a correction. If we turn to the recent history of Bitcoin price movements, a pattern is striking. Af...
22 Oct 2022 2 minute read 0 comments Keith Thuerk
Theta Releases along the road to Mainnet 4.0 - Metachain A quick review of the '22 releases for Theta bringing about Mainnet 4.0 EdgeStore Alpha Release took place the week of Feb 18th '22 and was only available as standalone binary (Put another way,...
13 Sep 2022 1 minute read 0 comments Keith Thuerk
Recent changes at Theta Network Theta is working feverishly behind the scenes laying the foundation for Mainnet 4.0 coming in 4Q22 (AKA Metachain.) Some of those changes happened over the past week and they are: Validator Unstaking - to support futu...
