Theta Network Price
THETA
How Much is 1 Theta Network (THETA)
Convert THETA to your currency
Last Updated on Dec 20, 2025 05:04 PM
What is Theta Network?
About the coin
Theta network is a decentralized video streaming network that leverages blockchain technology to enhance the video delivery process. It allows users to watch video content while earning tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. The network is supported by notable institutional investors and advised by industry pioneers like Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
Main features
Theta's video streaming services operate on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources. In return, they receive Theta Fuel (TFuel) as a reward. This incentivizes users to participate in the network, enhancing the overall efficiency and reach of the streaming services.
How it works
Theta employs a modified proof-of-stake consensus mechanism, featuring a unique multi-Byzantine Fault Tolerance (BFT) system. This system combines a committee of 20-30 Validator nodes with a secondary layer of thousands of Guardian nodes. This structure accelerates transaction approvals and is more efficient than traditional proof-of-work networks. Theta's multi-BFT design achieves a balance between consistency, speed, and decentralization, making it a robust platform for decentralized video streaming.
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Theta Network FAQ
- Theta Network is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Theta Network offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- THETA represents the same asset as Theta Network. The ticker is simply a short label for trading and listing purposes.
- Theta Labs is the company behind Theta Network, which describes itself asa decentralized cloud for AI, media and entertainment.
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