Theta Network current price is $2.210.

Theta Network current price is $2.210 with a marketcap of $2.22 B. Its price is 15.41% up in last 24 hours.

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Theta Network (THETA)
Live Price
$2.210
24h %
15.41%
Market Cap
$2.22 B
Volume
$137.04 M
Available Supply
1.00 B THETA
Rank
23

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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·

45m

10k Theta Edge Nodes around the world! Great milestone for the Theta community, and we want to make that 100k by end of year. The addition of TFUEL staking with Mainnet 3.0 will be a big step toward that goal.

Everything Theta@EverythingTheta

We just hit over 10k $theta edge nodes!! @mitchliu @jieyilong @wes_levitt @KyleLaffey

$btc $eth $ada $link $xrp $xlm $xtz $ltc

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Theta Network@Theta_Network·

29 Jan

New from Theta blog: Theta Network and the Web 3.0 Revolution in Edge Networking

https://medium.com/theta-network/theta-network-and-the-web-3-0-revolution-in-edge-networking-6c8a4f955237

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Theta Network@Theta_Network·

29 Jan

Your Theta Edge Node now lets you stake up to 500k TFUEL. Help test this feature before the launch of Theta Mainnet 3.0 and the "Elite Edge Node" and earn some TFUEL yourself! If you aren't running an Edge Node yet, download here to get started: https://docs.thetatoken.org/docs/setup-theta-edge-node

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Retweet on Twitter Theta Network Retweeted

G FUEL®@GFuelEnergy·

27 Jan

💠 @THETAtv x #GFUEL ⚡

For the next 4hrs, we’ll be live on our #Theta Channel with @CliffGFuelCEO & THE GANG! Come chill for Giveaways + Gameplay!!! Oh, and we'll also be unveiling some brand new G FUEL emotes! Come thru!

🖥️ TUNE IN: http://Theta.tv/GFUEL

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Retweet on Twitter Theta Network Retweeted

THETA.tv@THETAtv·

26 Jan

We are thrilled to share that http://THETA.tv is now available to all streamers worldwide!

Start streaming today with the 100% decentralized Edge Cast beta technology powered by @Theta_Network

🖱️ http://STREAM.THETA.TV

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Theta Network current price is $2.210.