Theta Network (THETA)What's Theta Network price? How much potential does it have? How to buy Theta Network? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how THETA compares to Bitcoin based on its performance!
(Price data last updated about 1 hour ago)
Data last updated about 1 hour agoTHETA All Time Low/High: €0.0361414 (+2577%) / €13.12 (-93%)
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Compare THETA and BTC performance
How popular is Theta Network cryptocurrency?Theta Network ranks 51th among all cryptocurrencies. It has a market cap of €966643009. The total trading volume within the last 24 hours was €16182900.
How much potential does it have?How much can Theta Network grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (1,000,000,000), it can theoretically grow at least 525x before it would become more popular than Bitcoin. This means that based on THETA maximum potential it could reach €508.439 before it would have to overtake Bitcoin.
How to buy Theta Network?The easiest way to buy THETA is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 40 Theta Network exchanges available.
Where can you buy it?THETA should be listed in these exchanges:
Where can I find more information about Theta Network?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was THETA created?According to our information THETA was created 14th December 2017.
What is Theta Network?Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. SLIVER.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers.
DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites.
Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.The Theta blockchain introduces three novel concepts: Reputation Dependent Mining: In the Theta protocol, the caching nodes play the role of miners in the blockchain. The block reward is not a constant, but depends on the reputation score of the caching node that mined the block. To obtain more mining rewards, miners not only spend computation power to mine blocks, but also relay video streams to downstream viewers to increase their reputation scores.
Global Reputation Consensus: We propose a mechanism for the Theta network to reach the global consensus on the reputation scores for each caching node. Proof-of-Engagement: We introduce a novel Proof-of-Engagement scheme to prove that viewers legitimately consume the video streams, providing better transparency to advertisers and a basis for viewers to earn Theta tokens for engaging with the content.
|Market Cap: €966643009||Rank: #51||Volume: €16182900|
Theta Network (THETA) live price chart
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How big was Theta Network coin volume within the last 24h?
Theta Network (THETA) last recorded volume was € 16182900.
How much has Theta Network price changed during one year?
THETA price has changed during the last year -74.28 %.
Is THETA coin close to its All Time High price?
THETA all time high price (ath) is €13.12. Its current price is €0.967564. This means that the difference between Theta Network (THETA) All Time High price and THETA current price is -93%.
What is the maximum price Theta Network (THETA) could VERY theoretically reach?
THETA has a current circulating supply of 1,000,000,000. Based on our calculation THETA could reach up to €508.439 before it would have to overtake Bitcoin. So in theory the potential for growth is 525x its current value (€0.967564). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Theta Network and in no way is it a prediction of any kind, far from it.
Where can you buy Theta Network?
Theta Network is currently listed on at least these crypto exchanges: Binance, Crypto.com Exchange, BKEX, XT.COM, DigiFinex, BitMart, BingX, Hotbit, KuCoin, Upbit, OKX, Deepcoin, WhiteBIT, Binance US, Gate.io, Dex-Trade, LocalTrade, Bitfinex, Bitrue, CoinEx, Bybit, Huobi, NovaDAX, HitBTC, FMFW.io, CoinDCX, Nominex, TokoCrypto, Pionex, Tokenize, Coinzix and possibly some others.