Theta

What is Theta Blockchain Network?

Blockchain Theta is a decentralized video delivery network. This innovative platform also provides technical and economic solutions to the problems facing the flow sector. Likewise, theta blockchain is designed to motivate network bandwidth sharing. In general, users have the opportunity to provide their network with additional bandwidth and computing resources in return for a reward.

Theta developers are working through a new and innovative blockchain to address the various challenges facing the video industry today. One of the current problems is the quality of streaming videos, which will be 4o in quality and 8k in future generations.

Benefits of Theta Blockchain

Theta users enjoy access to the global infrastructure for video content and data delivery. This open-source project includes sports content, music, TV/movies, training, corporate conferences, peer-to-peer broadcasts, and more. In addition, the decentralization of the platform ensures theta power provided by users.

Interoperability

Another important advantage of the theta network is the ability to develop and work with it. This network supports the creation of decentralized applications (Dapp). The first Dapp launched on this network was SLIVER.tv.

Theta tokens

Theta tokens are the cryptocurrencies that govern the theta network. They provide users with a set of capabilities. There are currently 1,000,000,000 theta tokens in circulation. Interestingly, this is the total amount of tokens that the platform intends to create and provide.

TFUEL

TFUEL tokens serve several purposes within the network. Primarily, TFUEL tokens encourage users to share additional computing resources and bandwidth as storage nodes or relays for video streams.

Theta. tv

Theta. tv is the mainstreaming service of the network. Users can view and upload their videos here. This system is based on Dapp and will be available in future Samsung Galaxy phones. Theta software is also expected to be available on 75 million devices. As a result, this move causes theta a global user base to move forward.

Consensus mechanism

Theta introduces a new form of stock proof consensus mechanism known as multi-level BFT. This style of consensus is much faster than traditional proof-of-work systems. The multi-level BFT mechanism uses small sets of nodes to speed up validations.

Small groups of nodes act as "accreditation committees." When these nodes give the first confirmation, a much larger group of thousands of nodes, referred to as the "guard pool", approves the transactions and adds them to the blockchain. This mechanism provides high throughput for Theta.

How to buy Theta Digital Currency?

• Binance; Best choice for residents of Australia, Canada, Singapore, the UK, and most countries around the world. Shopping is prohibited for residents of the United States and some Asian countries.

• Gate.io; The best exchange for US residents.