About Theta Network THETA

Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch. The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta’s system, in return for Theta Fuel (TFuel) reward. Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance (BFT) which combines a committee of 20-30 Validator nodes with a second later of thousands of Guardian nodes. This acts to speed up approvals and is faster than traditional proof-of-work networks. Theta’s multi-BFT design achieves a healthy balance between consistency, speed, and decentralization.

Theta Network (THETA) Price Data

Theta Network (THETA) price has decreased today.

Theta Network price today is $0.7797 with a 24-hours trading volume up by 0.00%. THETA price is down in the last 24 hours. It has a circulating supply is 1.00B THETA coins and a total supply of 1.00B.

What is the highest price for Theta Network?

The all-time high price of Theta Network is $14.100 on Apr 17, 2021.

What is the lowest price for Theta Network?

The all-time low price of Theta Network is $0.0411 on Dec 15, 2018.