05/20/2024
BTC66,375.0
ETH3,069.43
USDT1.0
BNB572.9
SOL170.16
USDC0.999389
XRP0.510631
DOGE0.148889
BUSD0.999065

Theta Network (THETA) Price

THETA
4,5
$2.16
Market cap
2,160,946,764.0
Total volume
19,103,105
Circulating supply
1,000,000,000
Total supply
1,000,000,000
Theta network exemplifies a groundbreaking decentralized video streaming platform, ingeniously utilizing blockchain technology to energize its framework. This pioneering network offers viewers not just the pleasure of accessing video content, but also the opportunity to earn tokens. This occurs as they graciously share their excess internet bandwidth and computational power in a peer-to-peer (P2P) fashion. Theta's foundation is bolstered by significant investments from institutional backers such as Node Capital and DHVC, further enriched by guidance from industry titans such as Steve Chen, the co-architect of YouTube, and Justin Kan, a founding force behind Twitch. At the heart of Theta's video streaming prowess is a decentralized cadre of users, each contributing unused bandwidth and computing resources. This community-driven approach powers Theta's infrastructure, rewarding participants with Theta Fuel (TFuel) in return.

Central to Theta’s operational excellence is its adaptation of the proof-of-stake consensus mechanism, refined by its revolutionary multi-Byzantine Fault Tolerance (BFT) system. This system bridges the efforts of 20-30 Validator nodes with a secondary tier comprising thousands of Guardian nodes. This configuration not only accelerates the ratification process but also outpaces the operational speed of conventional proof-of-work networks. By striking a harmonious balance between consistency, swiftness, and distributed authority, Theta’s multi-BFT framework sets a new standard in decentralized network efficiency.

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Converters THETA

amount
EURO
JPY
USD
100 THETA

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