Theta (THETA)

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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:

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

What is Theta & TFUEL - A Beginners Guide

14 Feb 2020 6 minute read 42 comments TrocProcLock

Preface: I thought getting into Theta was going to be a simple quick guide but this has turned out to be more complex then I initially thought. Also I have made Beginner's Guides to Cosmos(ATOM) and LOKI so check those out if you are interested. So...

Tfuel could be the next lottery ticket, and it can be mined with a laptop...

12 Feb 2020 3 minute read 35 comments poopster

About this time last year i ran across what looked like a pretty cool video game streaming platform called Theta.tv. I found a couple streamers i enjoyed watching and i was hooked. What i didn't know was that Theta was not only a streaming platform b...

THETA: The future of video content delivery

19 Jan 2020 11 minute read 30 comments Cryptodeepdive

The days of only being able to watch whatever is programmed onto one of the mere three available tv-stations have been reduced to a thing of the past. While commercial broadcasters are spinning their heads trying to figure out how to hold onto whatev...

How to setup PGN and mine TFUEL (Pre-Guardian Node)

8 Jan 2020 4 minute read 234 comments TrocProcLock

A little history on what TFUEL is. Theta is the governance token of the Theta Protocol. TFUEL is the operational token of the Theta Protocol. TFUEL was created on March 15th, 2019 when Theta entered mainnet. Right now there are 2 ways to earn TFUEL....

Sliver.tv and how to earn TFUEL

6 Jan 2020 6 minute read 4 comments TrocProcLock

Sliver.tv in short is a esports streaming website where you earn TFUEL (cryptocurrency) as you watch. Before I get into everything about Sliver how about a little history lesson on what exactly is TFUEL. When Sliver.tv first came out they used the T...

53th Ranked Crypto Token Theta Has Formed Bullish Gartley Pattern And Ready For Upto 51% Bullish Reversal Soon

26 Dec 2019 1 minute read 1 comment moon333

World's 53th ranked crypto token Theta as formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes belo...

Blockchain and the decentralized video distribution

22 Nov 2019 1 minute read 4 comments starke_kunst

I want to continue a series of articles about areas where blockchain can be used. Also, I want to highlight some startups that are trying to implement blockchain solutions in those new areas. So, please, do not forget to check my previous article, “B...

THETA / USDT technical analysis [BINANCE]

8 Sep 2019 1 minute read 0 comments MrBullishSail

THETA seen from the temporality of 1D we can see how the structure of candles has formed the figure of a symmetrical triangle, the minima are being higher and higher while the maxima are being lower and lower, in simple terms this means that the...

How Content Delivery Networks (CDNs) Can Utilize DLT to Disrupt the Internet

19 Aug 2019 3 minute read 0 comments Vasilios Filip

Content delivery network or CDN is a term used to describe a geographically distributed group of servers which work together to provide fast delivery of Internet content. As the world becomes ever more digital, the demand for faster online processing...

THETA

2 Jun 2019 1 minute read 0 comments cryptonewz

Theta is an infrastructure for decentralized video streams. Theta has a partnership with Sliver; a platform similar to Twitch which is growing fast. Watching streams on Sliver uses your bandwith and in the process you earn Theta Fuel; token which is...