Theta Network theta
-1.30 % $ 1.047
$0.995028 24H Range $1.061
Market Data
Price $ 1.047
Volume $ 22,929,984.00
Volume / Market Cap 0.0219
Circulating Supply 1,000,000,000.00
Total Supply 1,000,000,000.00
Max Supply 1,000,000,000.00
Market Cap $ 1,046,617,137.00
Fully diluted market cap $ 1,046,617,137.00
Theta Network (theta) Price Chart
Theta Network (theta) Price Info
Timeframe Price Change(%)
1h 0.01%
24h -1.30%
7d 2.23%
14d 2.91%
30d -12.62%
1y -63.68%
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.
News about Theta Network
KLAY, DOGE, THETA, TON and ATOM Outperform • 5 months ago
Theta upgrade goes live to support wTHETA as TNT20 token • 6 months ago
The future of ThetaLabs, NFT tickets, and decentralized livestreaming video with Wes Levitt • 8 months ago
Theta Fuel (TFUEL) Breaks out From Diagonal and Horizontal Resistance Level • 8 months ago
Can NFTs really give you digital rights? CryptoSlate AMA with Theta Labs, AfterOrder, and SolSea • 9 months ago
Sony, Theta Labs Create ‘Whoa, Baby!’ 3D NFTs So Real You Can (Almost) Touch Them • 10 months ago