$1.68 AUD
0.11% ()
Theta Network (THETA) is a decentralized video delivery network powered by blockchain technology. Theta Network aims to address the challenges of video streaming, such as high content delivery costs, poor quality of service, and lack of incentives for content creators. The THETA token is used for incentivizing users to share their bandwidth and resources.
Theta Network operates as a decentralized peer-to-peer network where users can share their excess bandwidth and computing resources to relay video streams to other users. The THETA token is used as a reward for users who contribute to the network's operation by caching and relaying video content. Content creators can also earn THETA tokens through the Theta Fuel (TFUEL) token.
Theta Network offers users a decentralized and efficient video delivery network, enabling high-quality streaming at lower costs. The platform's peer-to-peer architecture ensures fast and reliable content delivery, reducing reliance on centralized servers. Theta Network incentivizes users to contribute to the network's growth and sustainability through token rewards.
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