Description
Theta Network revolutionizes video streaming through a decentralized peer-to-peer network leveraging blockchain technology. It incentivizes users to share bandwidth and storage, ensuring efficient and cost-effective delivery of high-quality video content. Core components include Theta Edge Nodes for decentralized storage and Theta Token for economic incentives. The unique consensus mechanism blends Proof-of-Stake and Multi-Level Byzantine Fault Tolerance, enhancing streaming quality and reducing costs for HD and 4K videos. Theta operates with 1 billion fixed THETA tokens and features TFUEL for network operations. Supported by investors like Node Capital and advisors such as Steve Chen and Justin Kan, Theta advances decentralized streaming like YouTube did for traditional media. With active trading markets, dynamic token activities, and ongoing developments, Theta aspires to transform the online video sector.
Theta Network revolutionizes video streaming through a decentralized peer-to-peer network leveraging blockchain technology. It incentivizes users to share bandwidth and storage, ensuring efficient and cost-effective delivery of high-quality video content. Core components include Theta Edge Nodes for decentralized storage and Theta Token for economic incentives. The unique consensus mechanism blends Proof-of-Stake and Multi-Level Byzantine Fault Tolerance, enhancing streaming quality and reducing costs for HD and 4K videos. Theta operates with 1 billion fixed THETA tokens and features TFUEL for network operations. Supported by investors like Node Capital and advisors such as Steve Chen and Justin Kan, Theta advances decentralized streaming like YouTube did for traditional media. With active trading markets, dynamic token activities, and ongoing developments, Theta aspires to transform the online video sector.
