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.
* 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.
| # | Cryptocurrency | 7 days | |
| 1 |  |
Bitcoin | -1.01% |
|---|---|---|---|
| 2 |  |
Ethereum | -0.11% |
| 3 |  |
Tether | 0.01% |
| 4 |  |
BNB | -11.34% |
| 5 |  |
USD Coin | 0.02% |
| 6 |  |
XRP | 3.72% |
| 7 |  |
Cardano | -9.77% |
| 8 |  |
Lido stETH | -3.32% |
| 9 |  |
Dogecoin | -4.5% |
| 10 |  |
Solana | -3.59% |
| 11 |  |
Wrapped TRON | 3% |
| 12 |  |
Polygon | -10.55% |
| 13 |  |
TRON | 3.11% |
| 14 |  |
Litecoin | 1.22% |
| 15 |  |
Polkadot | -3.49% |
| 16 |  |
Binance USD | -0.05% |
| 17 |  |
Avalanche | 2.07% |
| 18 |  |
Dai | 0.01% |
| 19 |  |
Shiba Inu | -5.45% |
| 20 |  |
Wrapped Bitcoin | -1.2% |
| # | Broker | Cryptos | |
| 1 |  |
OctaFX | |
|---|---|---|---|
| 2 |  |
FXCC | |
| 3 |  |
HFM | |
| 4 |  |
FxPro | |
| 5 |  |
MultiBank Group | |
| 6 |  |
Exness | |
| 7 |  |
Kiexo | |
| 8 |  |
Dukascopy | |
| 9 |  |
eToro | |
| 10 |  |
FOREX.com | |
| 11 |  |
Forex4you | |
| 12 |  |
LH Crypto | |
| 13 |  |
YCM-Invest | |
| 14 |  |
FXOpen | |
| 15 |  |
ITRADER |
The cryptocurrency market hit a sell-off on Monday night, losing 3.8% in the last 24 hours, down to a capitalisation of $1.091 trillion - near almost three-month lows...
7 Jun 2023
The cryptocurrency market is up 2.7% to $1.121 trillion, approaching the middle of its trading range for the past month. Strong growth momentum late on Tuesday allowed...
7 Jun 2023
When Ripple first released XRP in 2012, the boasted improvements on Bitcoin caused a stir in the crypto space, and XRP was considered by many to be a better technological choice for global adoption...
2 Jun 2023
The crypto market has lost another 0.8% of its capitalisation in the last 24 hours, rolling back to $1,128, where it was last Friday. Bitcoin is down 1.4%, Ether is down 0.8%...
1 Jun 2023
Cryptocurrency market capitalisation fell 1.8% over the last 24 hours to $1.136 trillion. After failing to build on Wednesday's gains, the cryptocurrency market came under pressure during the Asian session...
31 May 2023
The crypto market cap has fallen by 0.5% over the past 24 hours to $1.156 trillion, as it pulled back from the extremes at the start of trading on Monday. However, the market has remained positive for the past five days...
30 May 2023
© 2006-2023 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.
