12.9 C
24 October 2020

Theta Network current price is €0.544.


Theta Network current price is €0.544 with a marketcap of €539.57 M. Its price is -1.11% down in last 24 hours.

  • theta-token
    Theta Network (THETA)
  • Live Price
  • 24h %
  • Market Cap
    €539.57 M
  • Volume
    €19.08 M
  • Available Supply
    1.00 B THETA
  • Rank

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More Info About Coin

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.

Historical Data

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Twitter News Feed

When is the best use of a 'one time'? For @flyinlyons it was #WPTLegends in Season XV!

Watch this classic hand and more on @THETAtv and @Theta_Network, now with VOD📺


The second day of #BlockDown2020 has started!

@DoveyWan and @EKorhaliller are kicking today off with a fireside chat. Join the stream to learn more about blockchain and the marvelous community around it.

Powered by @Theta_Network

LIVE NOW: https://theta.tv/blockdown

Watch the final 2020 Presidential Debate live on @THETAtv

Join the stream to see our unique camera angle of the #PresidentialDebate2020 between Donald Trump and Joe Biden

Live Now: https://theta.tv/events

📺 Thanks to @ShoutFactoryTV you can now watch timeless and contemporary cult favorites including @MST3K on http://THETA.tv!

Powered by @Theta_Network

https://www.theta.tv/mst3k https://twitter.com/ShoutFactoryTV/status/1319391730316304385

Shout! Factory TV@ShoutFactoryTV

@ShoutFactoryTV joins @Theta_Network!
Learn more here: https://www.shoutfactory.com/blog/theta-networks/

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