1H
0.69%$0.0059
24H
5.98%$0.0482
7D
3.54%$0.0292
30D
7.84%$0.0621
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form – centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
As Bitcoin continues to dominate the crypto market, experts are already wondering about the next big thing in store for the digital gold. No need to look too far into the future – Bitcoin halving, the next big thing for the cryptocurrency, is only a few months away.
The guide provides all you need to know about Waves protocol – a blockchain platform that combines the functions of a cryptocurrency, a token launch, and a decentralized exchange (DEX).