Theta Fuel (TFUEL)
Details about Theta Fuel cryptocurrency
€467,590,871 ( -5.88572%)
€7,469,180
6,484,809,891
6,484,167,912
51.362
Unknown
2637x
€189.209
Theta Fuel price charts
TFUEL exchanges
Theta Fuel, the crypto
Theta Fuel (TFUEL) is a cryptocurrency that operates on the Theta Network, a blockchain-based network that allows users to share bandwidth and computing resources to stream video content. TFUEL is used to incentivize users to help relay video streams throughout the network, as well as to make micropayments and purchase goods and services on the platform.
The point
The main point of Theta Fuel (TFUEL) is to incentivize users to help support the Theta Network by sharing their bandwidth and resources to improve the streaming quality of video content. TFUEL rewards are distributed to users who help relay video content, making it a vital component of the Theta Network ecosystem.
The problem
The Theta Network aims to solve the problem of video streaming infrastructure being centralized and controlled by a few large corporations. By allowing users to share their computing and bandwidth resources to relay video content, the network can provide faster, more reliable, and more affordable streaming services without relying on centralized entities like content delivery networks (CDNs). Theta Fuel (TFUEL) incentivizes users to participate in this peer-to-peer network, making it a key component of the Theta Network's effort to decentralize video streaming infrastructure.
Compare TFUEL and BTC performance
Timeframe | TFUEL | BTC |
---|---|---|
1h change | -2.35254 % | 0.00428742 % |
24h change | -6.43 % | -3.29087 % |
7 day change | -17.12 % | -8.53433 % |
14 day change | -19.48 % | -3.99038 % |
30 day change | 74.17 % | 27.0338 % |
200 day change | 144.2 % | 151.257 % |
Year change | 35.59 % | 138.244 % |