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Buy Theta Network uk- THETA/GBP
£1.062
5.56 %
Change 24h

Description by Coingecko

Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. SLIVER.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers. DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.The Theta blockchain introduces three novel concepts: Reputation Dependent Mining: In the Theta protocol, the caching nodes play the role of miners in the blockchain. The block reward is not a constant, but depends on the reputation score of the caching node that mined the block. To obtain more mining rewards, miners not only spend computation power to mine blocks, but also relay video streams to downstream viewers to increase their reputation scores. Global Reputation Consensus: We propose a mechanism for the Theta network to reach the global consensus on the reputation scores for each caching node. Proof-of-Engagement: We introduce a novel Proof-of-Engagement scheme to prove that viewers legitimately consume the video streams, providing better transparency to advertisers and a basis for viewers to earn Theta tokens for engaging with the content.

Buy Theta Network | THETA Price GBP

Theta Network Price GBP is £1.062. THETA price has experienced a daily change of 5.56 %. This gives Theta Network (THETA) a Market Cap of £ 1,060,604,436. The total volume of Theta Network (THETA) traded in the last 24-hour period was £ 42,502,423. Circulating Supply of Theta Network (THETA) is 1,000,000,000. Total Supply of Theta Network (THETA) is 1,000,000,000.

You can buy Theta Network UK directly from Binance (if available) using a credit card or debit card. This referral will save you 20% on trading fees. If THETA is not listed or is otherwise unavailable, another possibility is buying a cryptocurrency available directly on Binance with a credit card or debit card. This crypto can then be traded with THETA on Binance, or an alternative exchange.

Theta Network THETA is a cryptocurrency currently listed on web3spy.io with data from coingecko. At the time of initial listing, THETA had met the full listing criteria for inclusion on coingecko. For this reason, web3spy.io has given THETA a default star rating of 3 stars. This is intended to be an unbiased and neutral rating. Please research this project thoroughly before trading.

Always exercise extreme caution when moving cryptocurrencies. We in no way endorse any cryptocurrency project, nor do we encourage trading on any exchange listed on this website. Please do your own research.

Theta Network (THETA) was created on December 14, 2017. Theta Network (THETA) is a digital asset secured by cryptography. We supply THETA/GBP trading pairs below. More information can be obtained from the official Theta Network (THETA) website at: thetatoken.org

THETA blockchain can be viewed here: explorer.thetatoken.org

THETA social networks can be viewed here: Facebook Twitter BitcoinTalk

Theta Network (THETA) Rating

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4 stars 1 votes
3 stars 5 votes

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THETA/GBP Price Chart

Genesis
December 14, 2017
Market Cap
£ 1,060,604,436
Volume 24h
£ 42,502,423
Circulating Supply
1,000,000,000
Total Supply
1,000,000,000
THETA
£

THETA Questions and Answers

What is the latest price of THETA in GBP?
The latest THETA Price is £1.062
What is THETA's MarketCap in GBP?
THETA's MarketCap is £ 1,060,604,436
Where can I buy THETA in the UK?
You can buy THETA on Binance (if available) or an alternative exchange
What is the 24-hour trading volume of THETA in GBP?
The 24-hour trading volume of THETA is £ 42,502,423
What is the Circulating Supply of THETA?
The Circulating Supply of THETA is 1,000,000,000
What is the Total Supply of THETA?
The Total Supply of THETA is 1,000,000,000
Where can I sell THETA in the UK?
You can sell THETA on Binance (if available) or an alternative exchange
What is the web3spy.io star rating for THETA?
The current visitor generated star rating for THETA is 3.4 (based upon 7 visitor votes)