FXTM information and reviews
FXTM
92%
Libertex information and reviews
Libertex
90%
FxPro information and reviews
FxPro
89%
FIBO Group information and reviews
FIBO Group
88%
FXCM information and reviews
FXCM
87%
OctaFX information and reviews
OctaFX
86%
EUR/USD
1.2045
GBP/USD
1.3944
USD/JPY
107.9893
USD/CHF
0.9159
USD/CAD
1.2496
EUR/JPY
130.0766

THETA Rating, THETA Price and Marketcap


THETA is an open source protocol that powers a decentralized streaming network. It will allow for decentralized apps (DApps) to be built on top of the platform to enable use cases that span esports, entertainment, and peer-to-peer streaming. SLIVER.tv’s DApp was the first application built on the Theta network leveraging its existing user base of millions of esports viewers.

In Nov 2018, Tencent Games announced a collaboration with SLIVER.tv to bring Theta rewards to Ring of Elysium players. The founding team has a combined 30+ years of experience in the video streaming space with advisors including Steve Chen, Co-Founder of YouTube, and Justin Kan, Co-Founder of Twitch.

The Theta Network and protocol solves various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the "last-mile" delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high resolution high bitrate 4k, 8k and next generation streams. Second, with sufficient network density the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs.

Theta’s innovation is set to disrupt today’s online video industry much in the same way that the YouTube platform did to traditional video back in 2005. One of our biggest challenges had been the high costs of delivering video to various parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams,” said Steve Chen, Co-Founder of YouTube. “I’m excited to be part of the next evolution of the streaming space, helping Theta create a decentralized peer-to-peer network that can offer improved video delivery at lower costs.


Live video streaming of today

  • Poor Quality. Today's content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world.
  • Sky rocketing data needs. Users demand 4k, 8k, and higher quality streams create infrastructure bottleneck.
  • Centralized and inefficient system. The centralized nature means less revenue flows back to content creators and platforms.

Decentralized peer-to-peer video delivery. A new native blockchain. Powered by users.

  • Viewers earn rewards as Theta Fuel. For sharing excess bandwidth and resources, viewers are now rewarded to participate in the network.
  • Higher quality, smoother video streaming. A decentralized peer-to-peer network delivers streams efficiently globally.
  • Reduced cost of delivering video streams. Video platforms no longer need to build expensive infrastructure, means more innovation and unique business models.

* Forex Rating accepts no liability for any errors in the THETA Price or THETA Information. For the most recent information please visit the THETA official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin -19.77%
2 ETH Information Ethereum -8.27%
3 BNB Information Binance Coin -4.32%
4 USDT Information Tether -0.19%
5 XRP Information XRP -37.38%
6 ADA Information Cardano -25.78%
7 NPXS Information Pundi X[old] 2584.47%
8 DOT Information Polkadot -29.62%
9 DOGE Information Dogecoin -9.66%
10 UNI Information Uniswap -11.72%
Cryptocurrency Rating

BTC/USD Forecasts

Bitcoin price drops to $52K, liquidating almost $10B

Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. Cointelegraph Markets Pro and TradingView...

19 Apr 2021

Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing

Listed firms that deal in cryptocurrencies or have exposure to them saw a field of green in global markets Wednesday, ahead of the much-anticipated direct...

15 Apr 2021

Rally in the cryptocurrency market

Updating historical highs by any asset is considered a landmark event, but not in the current year. Starting from the main US stock indices and up to the majority...

14 Apr 2021

Bitcoin hits new all-time high above $63000

Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange...

14 Apr 2021

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.