A project to build a decentralized video distribution network using blockchain. The ERC20 token that serves as the fuel (currency) for this network is also called THETA.
It was built to solve structural problems in video streaming.
It is said to be faster than common PoS systems.
A large number of nodes cover the resources required for next-generation video streaming, which requires large capacity.
Viewers can also receive theta by watching advertisements.
The BFT consensus mechanism allows thousands of nodes to participate in the consensus process and supports high transaction throughput (>1,000 TPS).
It provides multiple levels of security and makes attacks virtually impossible by allowing thousands of nodes to participate.
Continue to combine partially aggregated signatures from all adjacent routers. This allows each node to dramatically increase the speed at which it can reach other nodes, and keeps the size of inter-node messages small.
An offline "resource-oriented micropayment pool" designed specifically for video streaming, which allows users to create an off-chain check pool and pay for video content without transactions.
Participants in the THETA blockchain will be able to use the Ethereum ecosystem to access a vast array of wallets, payment methods, and payment methods.
Participants in the THETA blockchain will be able to use the Ethereum ecosystem to enjoy the various services of the ERC-20 token, which encompasses a huge variety of wallets and games.
As the video market is expected to grow, Theta Network is also expected to grow further if it can take advantage of the industry's overall expansion.
Theta.tv, a video streaming service specializing in eSports, will be available in Japan, which is expected to further increase the number of users.
Theta.tv, a video streaming service specializing in e-sports, will be available in Japan, which is expected to further increase the number of users.
Official website : https://www.thetatoken.org/