Theta Network   open futures open spot

Rank Symbol Name MarketCap Total Supply Circulating Supply
46 THETA Theta Network $1,487,346,283 1,000,000,000 1,000,000,000
Price History
Current Price ATH ATH (%) ATH Date ATL ATL (%) ATL Date
$1.49 $15.72 -90.53129 2021-04-16 20:15:11 $0.04039979 3,584 2020-03-13 09:24:16
Price Movement
24 Hours 7 Days (%) 14 Days (%) 30 Days (%) 60 Days (%) 200 Days (%) 1 Year (%)
-0.76 -8.43 0.04 24.59 25.70 -49.06 -80.08
Social Sentiment
Up Down Twitter Telegram Community Score Developer Score Liquidity Score
82.93% 17.07% Theta_Network (261,152) (12,894) 41.45 62.328 59.019
Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch. The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta’s system, in return for Theta Fuel (TFuel) reward.

Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance (BFT) which combines a committee of 20-30 Validator nodes with a second later of thousands of Guardian nodes. This acts to speed up approvals and is faster than traditional proof-of-work networks. Theta’s multi-BFT design achieves a healthy balance between consistency, speed, and decentralization.
Categories : Entertainment   NFT