Theta Network current price is $0.619.

Theta Network current price is $0.619 with a marketcap of $618.66 M. Its price is -2.69% down in last 24 hours.

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Theta Network (THETA)
Live Price
$0.619
24h %
-2.69%
Market Cap
$618.66 M
Volume
$25.50 M
Available Supply
1.00 B THETA
Rank
42

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Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. SLIVER.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers. DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.The Theta blockchain introduces three novel concepts: Reputation Dependent Mining: In the Theta protocol, the caching nodes play the role of miners in the blockchain. The block reward is not a constant, but depends on the reputation score of the caching node that mined the block. To obtain more mining rewards, miners not only spend computation power to mine blocks, but also relay video streams to downstream viewers to increase their reputation scores. Global Reputation Consensus: We propose a mechanism for the Theta network to reach the global consensus on the reputation scores for each caching node. Proof-of-Engagement: We introduce a novel Proof-of-Engagement scheme to prove that viewers legitimately consume the video streams, providing better transparency to advertisers and a basis for viewers to earn Theta tokens for engaging with the content.

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Twitter News Feed

Theta NetworkFollow

Theta Network@Theta_Network·

We're happy to announce @NEW_KID_twt as our newest content partner bringing us premier K-Pop content

Watch a variety of K-Pop content 24/7 on @THETAtv and earn $TFUEL

Watch Now: https://www.theta.tv/newk-id

NEW K.ID@NEW_KID_twt

🎙NEW http://K.ID Our prime K-Pop Entertainment channel is NOW LIVE on @THETAtv 📺 powered by @Theta_Network

Watch top K-Pop Music/Variety/Reality Show and K-Pop News programming 24/7 and earn rewards just by watching it!

http://theta.tv/newk-id

Reply on Twitter 1333823323478781952 Retweet on Twitter 133382332347878195227 Like on Twitter 1333823323478781952110 Twitter 1333823323478781952

Theta Network@Theta_Network·

26 Nov

Introducing Theta Edgecast: The world’s first decentralized streaming DApp for end-to-end live streaming, transcoding, caching and video delivery:

https://medium.com/theta-network/introducing-theta-edgecast-the-worlds-first-decentralized-streaming-dapp-for-end-to-end-live-e08c875a7f86

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Retweet on Twitter Theta Network Retweeted

THETA.tv@THETAtv·

25 Nov

The highly-anticipated @AIBCsummit is LIVE NOW on @THETAtv

Next up is AIBC for Crypto & Tech!

Powered by @Theta_Network.

📺http://theta.tv/aibcsummit

Reply on Twitter 1331591953318723584 Retweet on Twitter 133159195331872358410 Like on Twitter 133159195331872358458 Twitter 1331591953318723584

Theta Network@Theta_Network·

25 Nov

Happy to onboard @NervosNetwork to Theta!
Theta will be hosting the upcoming Nervos live AMA that’s happening on @THETAtv exclusively. Tune in for more Nervos contents on http://THETA.tv!

Nervos@NervosNetwork

Get ready for #Nervos video content coming exclusively to @Thetatv powered by @Theta_Network ⚡ ⚡ ⚡

We’ll be #livestreaming AMAs & more for our growing community 💪

Learn more 👇 & tell us what kind of content you want to see LIVE https://medium.com/nervosnetwork/nervos-partners-with-theta-network-the-leading-decentralized-video-delivery-platform-f4e9f9903a9b

Reply on Twitter 1331387982373212160 Retweet on Twitter 133138798237321216030 Like on Twitter 1331387982373212160155 Twitter 1331387982373212160

Theta Network@Theta_Network·

21 Nov

In just 1 day, the Theta Edge network went from zero to team rank 5,907 out of 255,409 in contributions to [email protected] distributed compute! Next stop is top 1,000 - to join Theta Edge Compute you can find more info here:

https://medium.com/theta-network/theta-network-introduces-edge-compute-aiding-folding-homes-fight-against-covid-19-and-other-aac8742aeb12

https://stats.foldingathome.org/team/268045

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Theta Network current price is $0.619.