Theta Network current price is $1.28.
$1.28
-4.52% (24H)
Low $1.26
High $1.35
- Market Cap $1.28 B
- Volume $20.79 M
- Available Supply 1.00 B THETA
- ATH $15.72
- ATH(% Change) -91.83%
- ATH Date 2021-04-16
Official Links
- Rank 81
- Block Explorer
- Official Website
- 2017-12-14
- THETA Github
- THETA Reddit
- THETA Twitter
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Theta Network current price is $1.28 with a marketcap of $1.28 B. Its price is -4.52% down in last 24 hours.
Theta network is a decentralized video streaming network that is powered by blockchain technology Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer P P basis Besides a line-up of institutional investors like Node Capital and DHVC Theta Network is advised by Steve Chen co-founder of YouTube and Justin Kan co-founder of Twitch The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta s system in return for Theta Fuel TFuel reward Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance BFT which combines a committee of - Validator nodes with a second later of thousands of Guardian nodes This acts to speed up approvals and is faster than traditional proof-of-work networks Theta... Read More
Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch. The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta’s system, in return for Theta Fuel (TFuel) reward.Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance (BFT) which combines a committee of 20-30 Validator nodes with a second later of thousands of Guardian nodes. This acts to speed up approvals and is faster than traditional proof-of-work networks. Theta’s multi-BFT design achieves a healthy balance between consistency, speed, and decentralization. Read Less