Theta is an innovative and disruptive blockchain concept. It is both a decentralized cryptocurrency and video delivery platform. Theta intends to provide low-cost solutions for improving the delivery of video content. This open-source peer-to-peer video delivery protocol and network rewards its users for offering extra computing resources and bandwidth to help improve video streaming quality.
MoreThe Theta network is split into three groups: the Guardian Nodes, Enterprise Validator Nodes, and Edge Nodes. Each group has its own function. Guardian Nodes ensure accurate transaction blocks, Enterprise Validators process network transactions with THETA tokens, and Edge Nodes pertain to bandwidth sharers and video streamers who use the Theta network.
MoreThere are two tokens in the Theta network: TFUEL utility token and THETA governance token. Buying a Theta token is easy if you sign up with a user-friendly, easy-to-use crypto exchange currency like Coinmerce.
MoreYou want to buy Theta Network? You can buy Theta Network using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Theta Network, use the search function to search for Theta Network and click on the name. You can indicate for how many euros you want to buy Theta Network in the right window. Below is shown how much Theta Network you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Theta Network when the price of Theta Network reaches your entered value. You can also execute a repeating order. Do you want to buy Theta Network with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Theta Network.
Launched in 2018, Theta was initially distributed to buyers on Ethereum in the form of ERC-20 tokens. It was eventually converted from ERC-20 Theta to native Theta after some time through the mainnet. The Theta network is composed of two segments. It has a video delivery network and a blockchain. On the video delivery network, users join and gather so they can offer their excess resources or devices and bandwidth, thereby increasing the available bandwidth and improving the quality of the network’s video streams. Theta’s blockchain segment is intended for rewards and incentives, providing users with interesting and enticing reasons to become part of the video delivery platform. The network’s streaming service is called Theta.tv. It is the venue for users who want to post and view videos. There are plans for integration with Samsung Galaxy phones, which is quite expected as Samsung, along with Sony, support the Theta network.