Sirwin
Sirwin
Theta_Background

Theta Releases you might have missed in Q123


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 leverage and catchup rapidly.

Theta Q1 2023 Recap

Theta was issued new Patent # 11611615 - March '23

Theta has recently been granted a patent for its "Decentralized Edge Storage Network With Flexible File Sharding," which introduces a fresh perspective to decentralized edge networks. By utilizing flexible file sharding, the decentralized storage functionality of the edge network is strengthened, leading to a more robust and efficient system.

You can read more on the Patent by going here https://ppubs.uspto.gov/pubwebapp/static/pages/ppubsbasic.html

Theta API service launched on InfStones Platform global RPC Network- March '23

InfStones is a company that provides an enterprise-grade platform-as-a-service (PaaS) blockchain infrastructure. With PaaS, users can enjoy a rapid time to value and avoid the need to build or purchase their own data center. Instead, they can simply pay for the services they require from InfStones. Boasting over 20,000 nodes, InfStones delivers developers with cross-chain DeFi, NFT, GameFi, and decentralized application development environments that offer reliability, speed, efficiency, security, and scalability.

Theta users can login here - https://infstones.com/blog/product/Secure-Theta-API-Project-on-InfStones-63ff8550dc276d033088c565 and start to build your API's  on Theta Network.

Rob Feldman's - Earworm Media became latest Theta Validator Node - Jan. '23

Rob from Cyko Headz has joined the Theta network as a streamer now has a top 30 validator node.  Bringing the total number of validators to 28. It's worth noting that Rob and his team joined Replay, which is also a Theta partner, last year. The growth of the Theta ecosystem can clearly be felt, and it's exciting to see how it will continue to expand in the future.

Curious what Rob's Validator address is? You can find it here - https://explorer.thetatoken.org/account/0x15b7e7b4a6344fb5fd2257cb664173f6791496e5/.

Theta EdgeStore decentralized storage released in Alpha version - Jan. 19 '23

The Alpha release marks a significant step forward for Theta, as it enables the network to achieve its 2023 goals through the integration of Flexible Sharding. This feature can be thought of as a probabilistic extension of the Chord protocol for distributed hash tables (DHT), and it operates in two main modes: caching for frequently accessed content and permanent data storage for data shards, which effectively supports the distributed Content Delivery Network (dCDN). This means that items such as NFGTs, music, games, and AI training algorithms can be stored on the network.

Give it a try yourself here - https://dev.thetaedgestore.com/

Theta Video API now supporting Edge Livestreaming Ingest service - Jan 6 '23

The Theta Video API is making significant strides forward with the introduction of the Edge Livestreaming Ingest service, which represents the next stage in decentralized streaming. This is a significant development, as it marks a major milestone towards achieving a completely decentralized ingest, encoding, and transcoding process for livestreaming across the Theta Video API. Ultimately, this represents the world's first end-to-end decentralized streaming solution, which is a significant achievement.

 

Summary

I have not hidden my favor for Theta over the years. I am pleased they continue to invest in their partner ecosystem as well as developing out features and functions making dCDN a reality.  Check back often to find out what else is going on the Theta Network.

 

 

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Keith Thuerk
Keith Thuerk

Currently learning about Crypto & DeFi to combat the Inflationary Tidal wave coming our way!


Theta Network basics in bite size pieces
Theta Network basics in bite size pieces

Theta a Next Generation Video delivery network that leverages the power of peer-peer network bandwidth sharing. You participate and help the network scale and increase security by sharing a % of your Internet bandwidth.

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