{"id":200,"date":"2021-03-09T22:02:33","date_gmt":"2021-03-09T22:02:33","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=200"},"modified":"2021-03-09T22:58:09","modified_gmt":"2021-03-09T22:58:09","slug":"what-is-theta-theta-fuel","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-theta-theta-fuel\/","title":{"rendered":"What is THETA & THETA FUEL??"},"content":{"rendered":"\n

Imagine that you are watching a video of high quality which is obviously occupying the larger bandwidth. And you are facing the problem of buffering in between, no matter how hard the content delivery networks are trying to smoothly stream the video. Being the centralized content network, you are not the one who is suffering from buffering but many others are also facing this problem. Don\u2019t you think, something needs to be done for a better experience? Theta Labs operating on Blockchain technology aims to improve the quality of video streaming, enhance resilience, and also aim to reduce the costs incurred. Recently, the prices of Theta token have shown a tremendous rise in the crypto space so I thought to get you to introduce this guide to Theta Coin<\/a> and let you amuse yourself with one more application of Blockchain Technology<\/a>.<\/p>\n\n\n\n

What Is Theta Coin? | Guide To Theta Coin<\/h2>\n\n\n\n
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Presently, besides the news related to halving and the Bitcoin crash of March 12, 2020, you might encounter the updates related to Theta Coin. According to data from CoinMarketCap, Theta has almost added 1000% to its price after the shock of crypto markets in March. Many of you may have wondered- What is Theta Coin<\/a>? Theta is one of the innovative platforms which has integrated the Blockchain technology with live video streaming platforms to improve the quality of video for the viewers. And Theta coin or better we say Theta tokens are offered by the platform of Theta Labs to the users who wish to share their excess bandwidth and computing resources to the decentralized streaming video protocol which is running on the Blockchain technology. The peer to peer network of Theta platform aims to improve the quality of video by sharing the resources and rewarding system. Theta not only targets for better experience of viewers but also to content creators by removing the intermediaries like advertisers who used to share the large amount of funds.<\/p>\n\n\n\n

How Does Theta Work? | Guide To Theta Coin<\/h2>\n\n\n\n

Theta basically consists of two parts. First is the video delivery network which is made up of connected nodes contributing to the bandwidth which facilitates in decentralized streaming of high-quality video. And the other is Theta Blockchain which is used to promote the Theta network as it incentivizes people to join the network in the form of Theta tokens. Theta provides a supplementary P2P mesh network to the Content Delivery Networks (CDNs) as users can lend their devices as \u201ccaching nodes\u201d(stores video data just like cache memory) which relay streaming of video to any of the viewer across the globe. As the amount of caching and relaying points increases in the network, steam quality gets improved due to less travel of video data. People who are involved in caching the nodes or sparing bandwidth resources are supposed to be rewarded with Theta tokens, thereby making the strength of Theta network strong.<\/p>\n\n\n\n

After the launch of Theta Mainnet 1.0 (official final product) in March 2019, Theta blockchain network started to promote Theta tokens by making them available for all the interested  users in the following ways:<\/p>\n\n\n\n