Users can contribute to theta network on PC, mobile device, or smart TV.
Integrating theta in video delivery stack enables them to reduce their video delivery cost, increases viewer engagement, and drive incremental revenues.
In sharing economy models, users opt-in for volunteering their spare bandwidth and computing resources to relay video to other users and earn token rewards for their contributions.
The theta blockchain mainnet enables the support for turing-complete smart contracts.
To avoid missing TFuel rewards, an elite node would need to stay online all the time.
The theta blockchain is a purpose-built blockchain designed from the ground up for video and data relaying launched in March 2019.
Smart contracts open up a whole new set of user experiences and new attribution models for DApps built on the theta network. Like leveraging smart contracts on the theta network could enable fully. digitized item ownership, innovative payment-consumption models, transparent royalty distributions, trustless crowdfunding mechanisms.
There are two official networks for the theta blockchain (mainnet and testnet) as well as custom networks which users can launch on their own.
With Mainnet 2.0 , theta introduced Guardian nodes, a revolutionary,two layer consensus mechanism to complement enterprise validators run by a premiereset of global partners including Google, Samsung, Binance, Blockchain.com.
Theta Edge Node network was significantly enhanced with the release of latest peer-to-peer EdgeCast technology. This new fully decentralized technology stack adds the ability to capture live video, transcode it inreal-time, cache an.d relay live stream video data to users globally - all through edge network run by thousands of community members.
Theta crypto economics design is to properly incentivize and reward all theta ecosystem stakeholders, and thus ensure the security and utility value of the theta network.
Validators and Guardian Nodes earn a part of theinflated TFuel for securing the blockchain network.
Edge caching new use cases (game patches, software updates, etc.)
v2 Edgecast fully decentralized streaming Dapp
Beta of edge storage / IPFS integration
v2 Advanced Smart contract developer platform