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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:
6 Sep 2022 1 minute read 0 comments Keith Thuerk
LG Picked Hedera Blockchain for Television NFTs LG the consumer electronics firm, which has served on The Hedera Governing Council since 2020, is bringing NFTs to television screens through a platform built on the Hedera network. LG non-fungible toke...
5 Sep 2022 1 minute read 1 comment iCryptobeing
If your THETA GUARDIAN NODE is not earning any TFuel, it could be you need to Reset your " GUARDIAN PEERS". In this article I will guide you thru Resetting your Peers and Manually Deleting SNAPSHOT file and DB file. It is not difficult, just foll...
27 Aug 2022 1 minute read 0 comments Keith Thuerk
trooVRS the first metaverse partner for Theta Metachain Who is trooVRS? - an immersive media platform for men to engage with practical knowledge and self-care-focused content across virtual editorial environments, experiences, and NFTs. Does this...
26 Aug 2022 1 minute read 0 comments moon333
Hi friends hope you are well, and welcome to the new update on TFUEL. On a weekly time frame, Tfuel has already broken down the long-term support of a big falling wedge pattern, and now the support of the wedge is working as a powerful resistance...
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...
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...
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...
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....
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...
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...
