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Theta Token: Going Anywhere in 2019??



► Theta Coin Overview:

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⛓️ 🔗 Useful Hyperlinks 🔗 ⛓️

► Web site:
► Whitepaper:
► GitHub:

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📱️ Socials 📱

► Weblog:
► Twitter:
► Telegram:

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📝 Undertaking Overview 📝

Theta token is a decentralized video supply community.

They need to present top quality video streams with out the buffering points typically seen right this moment.

As well as, they plan on using bandwidth and storage from customers to cut back the price of video streaming whereas additionally bettering the standard.

⚙️ Expertise ⚙️

There are two key components to the Theta Token community. These are the video supply community after which the Theta Blockchain.

The Supply community is basically a P2P mesh community of customers who will share their bandwidth with customers close by them which can be making an attempt to stream video.

The Theta blockchain is the consensus layer of the Theta community and can deal with funds and rewards within the ecosystem. Consensus is acheived by a Proof-of-Stake mechanism.

To keep away from centralisation, you could have a small group of 20 validator nodes that can produce the blocks. Then under this you’ll have what has been termed the “pool of guardians”.

💰️ Token 💰

There are two tokens on the Theta blockchain. These are the Theta Token (THETA) and Theta Gas (TFUEL).

THETA are the principle token that will likely be staked on the community by the node operators. T-Gas is used as a utility token within the community with a view to pay for bandwidth from the node operators.

THETA tokens had been initially issued as an ERC20 token on the again of a non-public sale ICO that passed off on the finish of 2017. They had been in a position to elevate about 20 milllion {dollars}

👨‍💻️ Workforce, Companions & Improvement 👨‍💻

The challenge is being led by Mitch Liu who can be the co-founder of SLIVER.television. He’s an MIT grad and he additionally holds an MBA from Stanford.

The remainder of the workforce is comprised of have backgrounds in blockchain growth, streaming, software program engineering and so forth.

Advisors to the challenge embody the likes of Steven Chen who’s the co-founder of YouTube and Justin Kan who’s the co-founder of Twitch.

📈 Buying and selling & Wallets 📈

THETA is listed on numerous exchanges together with the likes of Binance, Huobi, Upbit and so forth.

The majority of the amount is buying and selling on Binance. Right here, there are wholesome turnover ranges on the books which suggests an honest dose of liquidity.

If you’re going to be staking THETA then it would be best to use the proprietary core pockets. There are additionally a number of third celebration wallets that you should utilize together with {hardware} wallets.

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📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit consequence.

#ThetaToken #THETA #crypto #blockchain #Overview #Bitcoin #Youtube #platform #Binance #buying and selling #cryptocurrency #movies

Source: Coin Bureau

15 Responses

  1. I like your clear presenting so I have subscribed. I heard Samsung, Sony and a few other big companies are involved with Theta now. Can you confirm this and maybe give more detail please?

  2. It makes no sense for US investors buying Theta since virtually all exchanges have de-listed Theta and Theta Fuel….if Theta were listed on Coinbase or some other US exchange I would buy more.

  3. Forgot to mention THETA prenodes – share your bandwidth and earn tfuel without watching streams. With tfuel you can already buy many goods for instance pc hardwares. You can also earn tfuel by watching streams in sliver.tv (while sharing your bandwidth).

  4. Theta Labs is developing the Theta protocol for various operating systems of Smart TV such as Android TV OS, Tizen OS (Samsung Smart TV) so that Smart TV can operate on the Theta network as a node (bandwidth sharing). Later on, smart TVs will act as nodes in the Theta Network, relaying data to nearby viewers and rewarding them with TFUEL.
    https://medium.com/theta-network/theta-protocol-in-smart-tvs-the-next-step-in-global-video-and-data-delivery-b4e0e321e30d

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