1H
-0.11%$0.0002
24H
-3.96%$0.0081
7D
-4.41%$0.0091
30D
-37.1%$0.1163
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.
There’s a lot of discussion about custodial and non-custodial tokens. What does that mean? In this guide, we will explore the differences between custodial and non-custodial tokens and help you decide which option is best for you.
The guide deals with a novel liquidity pool platform SushiSwap, which is an Ethereum-based decentralized exchange (DEX) with an Automated Market Making system (AMM).